# EDGAR Filing Document

**Accession Number:** 0001599342
**File Stem:** 0001193125-25-229862
**Filing Date:** 2025-10
**Character Count:** 994635
**Document Hash:** 8d51d9893d7082b4a682bb9a8bc82da5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-229862.hdr.sgml**: 20251003

**ACCESSION NUMBER**: 0001193125-25-229862

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

**PUBLIC DOCUMENT COUNT**: 18

**CONFORMED PERIOD OF REPORT**: 20251003

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

**FILED AS OF DATE**: 20251003

**DATE AS OF CHANGE**: 20251003

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

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

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-01521
- **FILM NUMBER:** 251373305

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

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

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

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

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

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

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

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

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

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

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

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

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

**FORM ABS-15G** 

**ASSET-BACKED SECURITIZER** 

**REPORT PURSUANT TO SECTION 15G OF** 

**THE SECURITIES EXCHANGE ACT OF 1934** 

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

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

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

**Commission File Number of securitizer:** 

**Central Index Key Number of securitizer:** 

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

**contact in connection with this filing.** 

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

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

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

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

Central Index Key Number of securitizer: 0001599342

## PMT Loan Trust 2025-INV10
**(Exact name of issuing entity as specified in its charter)** 

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

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

**Chris White** 

**(805) 530-5829** 

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

**contact in connection with this filing** 

------

**PART I: REPRESENTATION AND WARRANTY INFORMATION** 

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

N/A

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

N/A

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

N/A

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

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

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

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

N/A

------

**EXHIBIT INDEX** 

---

| | |
|:---|:---|
| 99.1 | [Clayton Services LLC ("Clayton") Due Diligence Narrative Report](d26752dex991.htm) |
| 99.2 | [Clayton Conditions Report](d26752dex992.htm) |
| 99.3 | [Clayton Rating Agency ATR QM Data Fields](d26752dex993.htm) |
| 99.4 | [Clayton Loan Level Tape Compare Upload](d26752dex994.htm) |
| 99.5 | [Clayton Valuations Summary](d26752dex995.htm) |
| 99.6 | [Consolidated Analytics, Inc. ("Consolidated Analytics") Due Diligence Executive Summary](d26752dex996.htm) |
| 99.7 | [Consolidated Analytics Exception Grades Report](d26752dex997.htm) |
| 99.8 | [Consolidated Analytics Data Compare Report](d26752dex998.htm) |
| 99.9 | [Consolidated Analytics Grading Summary Report](d26752dex999.htm) |
| 99.1 | [Consolidated Analytics ATR QM Report](d26752dex9910.htm) |
| 99.11 | [Consolidated Analytics Valuations Summary Report](d26752dex9911.htm) |

---

------

**SIGNATURES** 

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

---

| | |
|:---|:---|
| PennyMac Corp. | PennyMac Corp.<br>(Securitizer) |
| Date | October 3, 2025 |
| /s/ Daniel S. Perotti | /s/ Daniel S. Perotti<br> (Signature) |
| By: | Daniel S. Perotti |
| Title: | Senior Managing Director and Chief Financial Officer |

---

## Exhibit 99.1

**EXHIBIT 99.1** 

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

------

![LOGO](g26752dsp1.jpg)

![LOGO](g26752g1003075040326.jpg)

![LOGO](g26752g1003075040810.jpg)

**September 25, 2025**<br>**Due Diligence Narrative Report**<br>

------

![LOGO](g26752g02a01.jpg)

---

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

---

PMT Loan Trust 2025-INV10 Page \| 1 September 25, 2025

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![LOGO](g26752g02a01.jpg)

**CLAYTON CONTACT INFORMATION** 

Client Service Management:

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

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

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

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

**OVERVIEW** 

On behalf of PennyMac Corp. ("PennyMac"), Clayton conducted an independent third-party pre-securitization due diligence review of 2 residential loans selected for the PMT Loan Trust 2025-INV10 transaction. The loans referenced in this narrative report were reviewed on a bulk basis between July 2025 and August 2025. This narrative report provides information about the original lenders, the scope of work performed by Clayton, and the results of Clayton's review.

**ORIGINATORS** 

Origination channels for the loans in this review:

---

| | | |
|:---|:---|:---|
| **Origination Channel** | **Loan Count** | **Percentage** |
|  Broker | 1 | 50.00% |
|  Correspondent Flow without delegated underwriting | 1 | 50.00% |
|  **Total** | **2** | **100.00%** |

---

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

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

**SAMPLING** 

Upon receipt of Asset Tape, Diligence provider randomly selected 2 Purchased Mortgage loans listed thereon, excluding Wet Loans. 100% of the loans received a Full Review as described below.

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

PMT Loan Trust 2025-INV10 Page \| 2 September 25, 2025

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![LOGO](g26752g02a01.jpg)

Review Type Loan Counts:

---

| | | |
|:---|:---|:---|
| *Review Type* | *Loan Count*<br> *Reviewed by Clayton* | *Scope Applied* |
| **Full Review** | 2 | Clayton performed a Full Review based on the scope described below in the section titled "TPR Component Review Scope". |
| **Total Loan Population** | 2 |  |

---

**SPONSOR ACQUISITION CRITERIA** 

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

**LOAN GRADING** 

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

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

![LOGO](g26752g1003075040998.jpg)

**TPR COMPONENT REVIEW SCOPE** 

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

PMT Loan Trust 2025-INV10 Page \| 3 September 25, 2025

------

![LOGO](g26752g02a01.jpg)

CREDIT REVIEW

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

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

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

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

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

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

PROPERTY VALUATION REVIEW

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Original Appraisal Assessment (2 loans)

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Value Supported Analysis (2 loans)

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Desk Review/BPO

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Second Full Appraisal

For further detail please refer to the PMTLT 2025-INV10 Valuations Summary Report

REGULATORY COMPLIANCE REVIEW

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

Clayton utilized its proprietary eCLAS engine for regulatory compliance testing.

The scope of the compliance review performed is summarized below:

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

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

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

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

PMT Loan Trust 2025-INV10 Page \| 4 September 25, 2025

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![LOGO](g26752g02a01.jpg)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Non-Owner Occupied Scope: Most consumer protection laws are designed to
afford protection to borrowers who are entering into a loan that will be secured by their residence. For most high cost and higher-priced laws, as well as rescission, the only loans covered by the law are loans secured by the
borrower's (or in the case of rescission a title holder's) principal residence. Most other consumer protection laws extend to a borrower's secondary

PMT Loan Trust 2025-INV10 Page \| 5 September 25, 2025

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![LOGO](g26752g02a01.jpg)

residence, which under TILA and RESPA is a residence that they occupy at least 2 weeks during the year. Further, if the loan is for a business purpose it is often excluded from consumer protection laws regardless of occupancy, including TILA (whereas if it is secured by non-owner occupied but for a personal, family or household purpose it is more likely to be covered).<br>

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

State and Federal High Cost and Higher-Priced:

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

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

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

Anti-predatory lending laws

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

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

Prepayment Penalties and Late Charges in certain states

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

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

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

**DATA INTEGRITY** 

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

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

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

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

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

**DATA CAPTURE** 

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

PMT Loan Trust 2025-INV10 Page \| 6 September 25, 2025

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![LOGO](g26752g02a01.jpg)

**DATA COMPARE RESULTS** 

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

Summary of data compare results:

---

| | | |
|:---|:---|:---|
| **Field Name** | **#** | **Accuracy %** |
|  Credit Report Date | 1 | 50.00% |
|  Total Cash Out | 2 | 0.00% |

---

PMT Loan Trust 2025-INV10 Page \| 7 September 25, 2025

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![LOGO](g26752g02a01.jpg)

**CLAYTON DUE DILIGENCE RESULTS** 

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

**Initial and Final Overall Loan Grade Results** 

<u>Loan Pool (2 loans)</u>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** |
|  | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** |  | **A** | **B** | **C** | **D** | **Total** |
| **Final** | **A** |  |  |  | 1 | **1** |
| **Final** | **B** |  |  |  | 1 | **1** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **0** | **0** | **0** | **2** | **2** |

---

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

**Initial and Final Credit Component Grade Results** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** |
|  | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** |  | **A** | **B** | **C** | **D** | **Total** |
| **Final** | **A** | 1 |  | 1 |  | **2** |
| **Final** | **B** |  |  |  |  | **0** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **1** | **0** | **1** | **0** | **2** |

---

**Initial and Final Property Valuation Grade Results** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** |
|  | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** |  | **A** | **B** | **C** | **D** | **Total** |
| **Final** | **A** |  |  |  | 2 | **2** |
| **Final** | **B** |  |  |  |  | **0** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **0** | **0** | **0** | **2** | **2** |

---

**Initial and Final Regulatory Compliance Grade Results** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** |
|  | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** |  | **A** | **B** | **C** | **D** | **Total** |
| **Final** | **A** | 1 |  |  |  | **1** |
| **Final** | **B** |  |  | 1 |  | **1** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **1** | **0** | **1** | **0** | **2** |

---

PMT Loan Trust 2025-INV10 Page \| 8 September 25, 2025

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![LOGO](g26752g02a01.jpg)

**CLAYTON THIRD PARTY REPORTS DELIVERED** 

Clayton furnished the following reports on this transaction:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Conditions Report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Non-ATR QM Upload

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

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

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

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

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

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

PMT Loan Trust 2025-INV10 Page \| 9 September 25, 2025

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**APPENDIX A: CREDIT REVIEW SCOPE** 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

PMT Loan Trust 2025-INV10 Page \| 12 September 25, 2025

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![LOGO](g26752g02a01.jpg)

**APPENDIX B: ORIGINATION APPRAISAL ASSESSMENT** 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

PMT Loan Trust 2025-INV10 Page \| 14 September 25, 2025

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

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

F. Disclaimer

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

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

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

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

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

G. Desk Review definitions

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

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

PMT Loan Trust 2025-INV10 Page \| 15 September 25, 2025

------

![LOGO](g26752g02a01.jpg)

**APPENDIX C: REGULATORY COMPLIANCE REVIEW SCOPE** 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

PMT Loan Trust 2025-INV10 Page \| 16 September 25, 2025

------

![LOGO](g26752g02a01.jpg)

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

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

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

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

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

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

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

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

---

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

---

PMT Loan Trust 2025-INV10 Page \| 17 September 25, 2025

------

![LOGO](g26752g02a01.jpg)

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

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

---

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

---

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

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

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

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

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

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

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

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

---

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

---

PMT Loan Trust 2025-INV10 Page \| 18 September 25, 2025

------

![LOGO](g26752g02a01.jpg)

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

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

---

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

---

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

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

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

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

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

PMT Loan Trust 2025-INV10 Page \| 19 September 25, 2025

------

![LOGO](g26752g02a01.jpg)

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

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

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

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

PMT Loan Trust 2025-INV10 Page \| 20 September 25, 2025

## Exhibit 99.2

**EXHIBIT 99.2** 

**CLAYTON CONDITIONS REPORT** 

------

---

| | |
|:---|:---|
| **Client Name:** | **PennyMac** |
| **Client Project Name:** | **PNMAC - PMTLT 2025-INV10** |
| **Conditions Report 2.0** |  |
| ***Loans in Report:*** | *2* |
| ***Loans with Conditions:*** | *2* |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;**0 - Total Active Conditions** | &nbsp;&nbsp;&nbsp;**0 - Total Active Conditions** |
| &nbsp;&nbsp;&nbsp;**4 - Total Satisfied Conditions** | &nbsp;&nbsp;&nbsp;**4 - Total Satisfied Conditions** |
| 1 - Credit Review Scope |  |
|  | 1 - Category: Assets |
| 2 - Property Valuations Review Scope | 2 - Property Valuations Review Scope |
|  | 2 - Category: Appraisal |
| 1 - Compliance Review Scope | 1 - Compliance Review Scope |
|  | 1 - Category: TILA/RESPA Integrated Disclosure |
| &nbsp;&nbsp;&nbsp;**0 - Total Waived Conditions** | &nbsp;&nbsp;&nbsp;**0 - Total Waived Conditions** |

---

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

------

---

| | |
|:---|:---|
| **Client Name:** | **PennyMac** |
| **Client Project Name:** | **PNMAC - PMTLT 2025-INV10** |
| **Conditions Report 2.0** |  |
| ***Loans in Report:*** | *2* |
| ***Loans with Conditions:*** | *2* |

---

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition**<br> **Sub**<br> **Category** | **Condition<br>Status** | **Condition Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;1058 | XXXXXX | XXXXXX | MA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) D B A C | Compliance | TILA/<br>RESPA<br>Integrated<br>Disclosure | Satisfied C B | CMPTRID3670 | TRID - Zero<br>tolerance fee<br>or fees<br>increased at or<br>prior to<br>closing<br>without a<br>valid reason<br>or not timely<br>disclosed;<br>refund<br>required<br>within 60<br>days of<br>consummation | No | Zero<br>Tolerance Fee<br>of $35 due to<br>Transfer<br>Taxes of $35<br>being added<br>to the loan<br>costs. Missing<br>a valid<br>Change of<br>Circumstance,<br>or Post Close<br>CD, LOX and<br>copy of<br>refund check<br>to borrower. | 7.16.2025<br>Lender<br>provided<br>COC for<br>increase to<br>transfer<br>taxes | 7.17.2025<br>Exception<br>Satisfied (No<br>Data) | Not<br>Applicable | CFCFS1737: LTV below guideline requirements <br>- Clayton Comments: LTV of 60.87% is below the maximum allowable of 75%. <br>CFCFS1736: Significant time at current residence <br>- Clayton Comments: Borrower has owned home for 12 years. <br>CFCFS1734: Borrower has significant time at current job <br>- Clayton Comments: Borrower has over 20 years at current job. |
| &nbsp;&nbsp;&nbsp;1058 | XXXXXX | XXXXXX | MA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) D B A C | Property<br>Valuations | Appraisal | Satisfied D A | PRVAAPPR3116 | Missing<br>updated<br>valuation | No | Missing<br>Updated<br>Valuation:<br>CU Score is<br>>2.5. Clayton<br>to order desk<br>review. | 7/14/2025:<br>Received<br>desk<br>review<br>supporting<br>value. | 7/14/2025:<br>Exception<br>satisfied. (No<br>Data) | Not<br>Applicable | CFCFS1737: LTV below guideline requirements <br>- Clayton Comments: LTV of 60.87% is below the maximum allowable of 75%. <br>CFCFS1736: Significant time at current residence <br>- Clayton Comments: Borrower has owned home for 12 years. <br>CFCFS1734: Borrower has significant time at current job <br>- Clayton Comments: Borrower has over 20 years at current job. |
| &nbsp;&nbsp;&nbsp;1059 | XXXXXX | XXXXXX | MO | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) D A C | Credit | Assets | Satisfied C A | CRDAST3078 | Insufficient #<br>of months<br>cash reserves<br>for PITI per<br>guideline<br>requirements | No | Post closing<br>assets:<br>$18,907.97 <<br>minimum<br>required<br>reserves of<br>$34,463.20.<br>(Final 1003<br>shows two<br>accounts, but<br>no docs in the<br>PDF:<br>XXXXXX<br>with<br>$36,626.38<br>balance &<br>XXXXXX<br>with<br>$1,000.77<br>balance). | 8/15/2025:<br>Received<br>additional<br>assets to<br>meet<br>reserves.<br>Verified<br>$55,435<br>total<br>reserves. | 8/15/2025:<br>Exception<br>satisfied. (No<br>Data) | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines <br>- Clayton Comments: 768 mid score > minimum required of 620 |
| &nbsp;&nbsp;&nbsp;1059 | XXXXXX | XXXXXX | MO | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) D A C | Property<br>Valuations | Appraisal | Satisfied D A | PRVAAPPR3116 | Missing<br>updated<br>valuation | No | LCA returned<br>no score.<br>Clayton to<br>order Desk<br>Review. | 6/16/2025:<br>CDA<br>provided<br>supports<br>appraised<br>value. | 6/16/2025:<br>Exception<br>satisfied. (No<br>Data) | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines <br>- Clayton Comments: 768 mid score > minimum required of 620 |

---

------

---

| | |
|:---|:---|
| **Client Name:** | **PennyMac** |
| **Client Project Name:** | **PNMAC - PMTLT 2025-INV10** |
| **Conditions Report 2.0** |  |
| ***Loans in Report:*** | *2* |
| ***Loans with Conditions:*** | *2* |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan Number** | **TRID Indicator** | **Lender<br>Application<br>Date** | **Broker<br>Application<br>Date** | **Did Lender**<br> **Acknowledge**<br> **Exception at**<br> **Origination** |
| &nbsp;&nbsp;&nbsp;1058 | XXXXXX | Yes | XXXXXX | XXXXXX D B A C | No |
| &nbsp;&nbsp;&nbsp;1059 | XXXXXX | Yes | XXXXXX | XXXXXX D A C | Not Applicable |

---

## Exhibit 99.3

**EXHIBIT 99.3** 

**CLAYTON RATING AGENCY ATR QM DATA FIELDS** 

------

---

| | |
|:---|:---|
| **Client Name:** | **PennyMac** |
| **Client Project Name:** | **PNMAC - PMTLT 2025-INV10** |
| **Rating Agency ATR QM Data Fields** | **Rating Agency ATR QM Data Fields** |
| *Loans in Report:* | *2* |

---

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan<br>Number** | **Loan Level<br>ATR/QM<br>Status** | **Application<br>Date Prior<br>to 1/10/2014** | **TRID<br>Indicator** | **Lender<br>Application<br>Date** | **Broker<br>Application<br>Date** | **GSE<br>Eligible** | **QRM<br>Flag** | **ATR/QM<br>Total<br>Points<br>and Fees** | **Rate<br>Lock<br>Date** | **APR** | **Bwr 1<br>Employment<br>Indicator** | **Bwr 2<br>Employment<br>Indicator** | **Bwr 1 Foreign**<br> **National**<br> **Indicator** | **Bwr 2 Foreign**<br> **National**<br> **Indicator** | **Borrowers<br>Qualified<br>Through a<br>Non-Resident<br>Alien<br>Program** | **Residual<br>Income<br>Analysis<br>in File** | **ATR/<br>QM<br>Residual<br>Income** |
| &nbsp;&nbsp;&nbsp;1058 | XXXXXX | QM: Safe Harbor (APOR) | No | Yes | XXXXXX | XXXXXX | Yes | Yes | 7213 | XXXXXX | 7.6733 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;1059 | XXXXXX | QM: Safe Harbor (APOR) | No | Yes | XXXXXX | XXXXXX | Yes | Yes | 850 | XXXXXX | 7.2837 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |

---

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

## Exhibit 99.4

**EXHIBIT 99.4** 

**CLAYTON LOAN LEVEL TAPE COMPARE UPLOAD** 

------

---

| | |
|:---|:---|
| **Client Name:** | PennyMac |
| **Client Project Name:** | PNMAC - PMTLT 2025-INV10 |

---

**Loan Level Tape Compare Upload** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan<br>Number** | **Borrower<br>Last Name** | **Field Name** | **Tape Data** | **Reviewer Data** |
| &nbsp;&nbsp;&nbsp;1058 | XXXXXX | XXXXXX | Credit Report Date | XXXXXX | XXXXXX |
| &nbsp;&nbsp;&nbsp;1058 | XXXXXX | XXXXXX | Total Cash Out | 25194.64 | 195972.19 |
| &nbsp;&nbsp;&nbsp;1059 | XXXXXX | XXXXXX | Total Cash Out | 59454.90 | 129795.69 |

---

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

## Exhibit 99.5

**EXHIBIT 99.5** 

**CLAYTON VALUATIONS SUMMARY** 

------

---

| | |
|:---|:---|
| **Client Name:** | PennyMac |
| **Client Project Name:** | PNMAC - PMTLT 2025-INV10 |
| **Valuations Summary** |  |
| *Loans in Report:* | *2* |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Desk Review** | **Desk Review** | **Desk Review** | **Desk Review** | **Second Desk Review** | **Second Desk Review** | **Second Desk Review** | **Second Desk Review** | **Field Review** | **Field Review** | **Field Review** | **Field Review** | **Second Field Review** | **Second Field Review** | **Second Field Review** | **Second Field Review** | **1004 SFR (Mar 05)** | **1004 SFR (Mar 05)** | **1004 SFR (Mar 05)** | **1004 SFR (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **Other** | **Other** | **Other** | **Other** | **Other** | **AUS<br>Information** | |
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Original<br>Balance** | **Sales<br>Price** | **Value For<br>LTV** | **Appraised<br>Date** | **Appraised<br>Value** | **Appraisal<br>Form** | **AVM<br>Vendor<br>Name** | **Confidence<br>Score** | **Review<br>Date** | **Review<br>Value** | **Variance<br>Amount** | **Variance%** | **Review<br>Type** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **AVM<br>Vendor<br>Name** | **AVM<br>FSD** | **Confidence<br>Score** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance%** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Report<br>Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Other -**<br> **Valuation**<br> **Type** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **CU / LCA<br>Score** | **Valuation<br>Comments** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1058 | XXXXXX |  | XXXXXX | $0.00 | XXXXXX | XXXXXX | XXXXXX | 1004<br>SFR<br>(Mar<br>05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 5.0 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1059 | XXXXXX |  | XXXXXX | $0.00 | XXXXXX | XXXXXX | XXXXXX | 1004<br>SFR<br>(Mar<br>05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | (No Data) |  |

---

## Exhibit 99.6

**EXHIBIT 99.6** 

**CONSOLIDATED ANALYTICS, INC. ("CONSOLIDATED ANALYTICS") DUE DILIGENCE EXECUTIVE SUMMARY** 

------

![LOGO](g26752g1003075248448.jpg)

**EXECUTIVE SUMMARY** 

**THIRD PARTY DUE DILIGENCE REVIEW** 

**OCTOBER 2, 2025** 

**Overview** 

Consolidated Analytics, Inc ("Consolidated Analytics"), a third-party due diligence provider, performed the review described below on behalf of its client, PennyMac Corp. (the "Client"). The review included a total of 381 newly originated residential mortgage loans, in connection with the securitization identified as PMTLT 2025-INV10 (the "Securitization"). The Review was conducted from September 2025 to October 2025 on mortgage loans originated between April 2025 and August 2025.

**Scope of Review** 

**Credit Review** 

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

The Credit Review attempted to confirm the following:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

------

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

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

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

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

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

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

**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. The Compliance Review included the following:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

------

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

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

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

**Valuation Review** 

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

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

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

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

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;m. Additional valuation products were not required when the CU score provided was 2.4 or below or the appraisal
LCA risk score was eligible for Collateral Rep and Warranty relief. In the event the CU score was equal to or 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 where a valuation review was performed (381 loans in total):

One (1) loan had a Secondary Appraisal, three (3) loans had AVMs, and one hundred thirteen (113) loans had Desktop Reviews.

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 three (3) occurrences of this.

One (1) loan had a Field Review, seventeen (17) loans had BPOs, and one (1) loan had an Exterior Only Appraisal Review.

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

------

**TAPE INTEGRITY REVIEW RESULTS SUMMARY** 

Of the 381 mortgage loans reviewed, eighty-five (85) unique mortgage loans (22.31% by loan count) had a total of ninety-nine (99) different tape discrepancies across four (4) data fields. A blank or zero value on the data tape when an actual value was captured by Consolidated Analytics was not treated as a data variance.

---

| | | |
|:---|:---|:---|
| **Fields Reviewed** | **Discrepancy Count** | **Percentage** |
|  Application Date | 62 | 62.63% |
|  Property Type | 33 | 33.33% |
|  Occupancy | 3 | 3.03% |
|  Interest Rate | 1 | 1.01% |
|  **Grand Total** | **99** | **100.00%** |

---

**Summary of Results** 

**OVERALL RESULTS SUMMARY** 

**Final Loan Grades** 

**Overall Loan Results:** 

---

| | | | |
|:---|:---|:---|:---|
| **Event Grade** | **Loan Count** | **Original Principal Balance** | **Percent of Sample<br>by Loan Count** |
|  Event Grade A | 304 | $112835644.00 | 79.79% |
|  Event Grade B | 62 | $24575744.00 | 16.27% |
|  Event Grade C | 10 | $4349340.00 | 2.62% |
|  Event Grade D | 5 | $1759503.00 | 1.31% |
|  **Total Sample** | 381 | $143520231.00 | 100.00% |

---

------

**Credit Results:**

---

| | | |
|:---|:---|:---|
| **Event Grade** | **Loan Count** | **Percent of Sample** |
|  Event Grade A | 367 | 96.33% |
|  Event Grade B | 6 | 1.57% |
|  Event Grade C | 3 | 0.79% |
|  Event Grade D | 5 | 1.31% |
|  **Total Sample** | 381 | 100.00% |

---

**Compliance Results:**

---

| | | |
|:---|:---|:---|
| **Event Grade** | **Loan Count** | **Percent of Sample** |
|  Event Grade A | 333 | 87.40% |
|  Event Grade B | 44 | 11.55% |
|  Event Grade C | 4 | 1.05% |
|  Event Grade D | 0 | 0% |
|  **Total Sample** | 381 | 100.00% |

---

**Valuation Results:**

---

| | | |
|:---|:---|:---|
| **Event Grade** | **Loan Count** | **Percent of Sample** |
|  Event Grade A | 360 | 94.49% |
|  Event Grade B | 17 | 4.46% |
|  Event Grade C | 4 | 1.05% |
|  Event Grade D | 0 | 0% |
|  **Total Sample** | 381 | 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").

------

---

| | | |
|:---|:---|:---|
| **Exception<br>Type** | **Exception Category** | **Total** |
|  | No Credit Findings | 136 |
|  | Business Purpose Affidavit/Disclosure Missing | 90 |
|  | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | 30 |
|  | Audited DTI Exceeds AUS DTI | 28 |
|  | Rent Loss Insurance Missing | 16 |
|  | The Total Hazard Coverage is LESS than the Required Coverage Amount | 16 |
|  | Borrower 1 3rd Party VOE Prior to Close Missing | 15 |
|  | Hazard Insurance Effective Date is after the Disbursement Date | 7 |
|  | AUS Partially Provided | 6 |
|  | Missing Verification of Subject Property Taxes, Insurance, HOA or Other Payments | 6 |
|  | Borrower 2 3rd Party VOE Prior to Close Missing | 5 |
|  | HO-6 Insurance Policy is Missing | 5 |
|  | Title Document Missing | 5 |
|  | Asset General | 5 |
|  | Housing History Does Not Meet Guideline Requirements | 5 |
|  | Asset 1 Does Not Meet Guideline Requirements | 4 |
|  | Missing Verification of Mortgage | 4 |
|  Credit<br> A | Audited Reserves are less than AUS Required Reserves (Number of Months) | 4 |
|  | Borrower 1 Tax Returns Not Signed | 4 |
|  | Missing VOM or VOR | 4 |
|  | Borrower Non-US Citizen Identification Document Missing | 4 |
|  | PUD Rider is Missing | 4 |
|  | Borrower 1 Photo Identification not provided | 3 |
|  | Asset 2 Does Not Meet Guideline Requirements | 3 |
|  | Asset Qualification Does Not Meet Guideline Requirements | 3 |
|  | Evidence of Property Tax Missing | 3 |
|  | AUS Not Provided | 3 |
|  | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | 3 |
|  | Missing explanation and supporting documentation for large deposit(s) | 3 |
|  | The Deed of Trust is Missing | 3 |
|  | Missing Lease Agreement | 3 |
|  | Missing Property Tax Cert | 3 |
|  | Income and Employment Do Not Meet Guidelines | 3 |
|  | 1-4 Family Rider is Missing | 3 |
|  | Missing Personal Guaranty | 2 |
|  | The Note is Missing | 2 |

---

------

---

| | |
|:---|:---|
| Purchase Contract is Missing | 2 |
| Fraud Report Shows Uncleared Alerts | 2 |
| Missing Letter of Explanation (Credit) | 2 |
| Borrower 1 CPA Letter Missing | 2 |
| Borrower 2 Tax Returns Not Signed | 2 |
| Audited Reserves are less than AUS Required Reserves (Dollar Amount) | 2 |
| Purchase is not considered to be an Arm's Length Transaction | 2 |
| Borrower 1 W2/1099 Missing | 2 |
| Borrower 1 YTD Profit & Loss Missing | 2 |
| Missing income documentation | 2 |
| Income 2 Months Income Verified is Missing | 1 |
| Asset 3 Expired | 1 |
| Flood Insurance Effective Date is after the Disbursement Date | 1 |
| Income 4 Months Income Verified is Missing | 1 |
| SCIF Document Missing | 1 |
| Income 5 Months Income Verified is Missing | 1 |
| Borrower 2 IRS Transcripts Missing | 1 |
| Guideline Seasoning not Met | 1 |
| ATR Risk | 1 |
| Income/Employment General | 1 |
| Collections, liens or judgments not paid at closing | 1 |
| Loan Agreement Missing | 1 |
| The Final 1003 is Incomplete | 1 |
| Missing AUS Findings | 1 |
| Title Document is Partially Present | 1 |
| Missing Divorce Decree | 1 |
| Borrower 2 Photo Identification not provided | 1 |
| Flood Insurance Minimum Coverage Not Met | 1 |
| Borrower 2 YTD Profit & Loss Missing | 1 |
| Missing Income - Business Tax Returns | 1 |
| Approval/Underwriting Summary Not Provided | 1 |
| Borrower 1 Business Tax Returns Missing | 1 |
| Income 1 Months Income Verified is Missing | 1 |
| Flood Certificate Missing | 1 |
| Satisfactory Chain of Title not Provided | 1 |
| Missing letter of explanation | 1 |
| Credit History - Derogatory Accounts Without Sufficient Explanation | 1 |
| Borrower 1 Paystubs Less Than 1 Month Provided | 1 |

---

------

---

| | | |
|:---|:---|:---|
|  | The Final 1003 is Missing | 1 |
|  | HO6 Insurance Policy Expiration Date is before the Note Date | 1 |
|  | Employment Gaps in Employment Without Sufficient Explanation | 1 |
|  | Borrower 2 CPA Letter Missing | 1 |
|  | Income 3 Months Income Verified is Missing | 1 |
|  | Missing Trust Agreement | 1 |
|  | Assets do not meet guideline requirements | 1 |
|  | Hazard Insurance Policy is Missing | 1 |
|  | ***Total Credit Grade (A) Exceptions:*** | ***499*** |
|  | Missing Taxpayer First Act Disclosure | 3 |
|  | Approval/Underwriting Summary Partially Provided | 2 |
| B | Title Coverage is Less than Subject Lien | 2 |
|  | Purchase Contract is Incomplete | 2 |
|  | ***Total Credit Grade (B) Exceptions:*** | ***9*** |
|  | Asset 5 Expired | 1 |
|  | The Total Hazard Coverage is LESS than the Required Coverage Amount | 1 |
| C | Audited DTI Exceeds AUS DTI | 1 |
|  | ***Total Credit Grade (C) Exceptions:*** | ***3*** |
|  | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | 2 |
|  | Hazard Insurance Policy is Partial | 1 |
| D | Verification of Borrower Liabilities Missing or Incomplete | 1 |
|  | Missing VOM or VOR | 1 |
|  | ***Total Credit Grade (D) Exceptions:*** | ***5*** |
|  | No Compliance Findings | 77 |
|  | Charges That In Total Cannot Increase More Than 10% Test | 4 |
|  | Escrow Waiver is Missing | 3 |
|  | Charges That Cannot Increase Test | 2 |
| Compliance A | Regulation § 1026.43(c)(2)(vi) failure - The consumer's current debt obligations, alimony, and child support or other debt obligations were not confirmed and included in the DTI or excluded per lender guidelines. | 2 |
|  | Disclosed Escrow is Not Accurate on Final CD and/or PCCD | 1 |
|  | Qualified Mortgage Lending Policy Points and Fees Test | 1 |
|  | Settlement Cost Booklet has not been entered | 1 |
|  | Revised Loan Estimate Delivery Date Test (prior to consummation) | 1 |
|  | Initial Loan Estimate Delivery Date Test (from application) | 1 |

---

------

---

| | | |
|:---|:---|:---|
|  | TILA Finance Charge Test | 1 |
|  | Lender Credits That Cannot Decrease Test | 1 |
|  | Loan Originator NMLS Status is Not Active | 1 |
|  | ***Total Compliance Grade (A) Exceptions:*** | ***96*** |
|  | Missing Required Affiliated Business Disclosure | 20 |
|  | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | 20 |
|  | eSigned Documents Consent is Missing | 7 |
|  | Missing Initial Escrow Disclosure | 2 |
| B | RESPA Homeownership Counseling Organizations Disclosure Date Test | 2 |
|  | Charges That Cannot Increase Test | 1 |
|  | Intent to Proceed is Missing | 1 |
|  | ***Total Compliance Grade (B) Exceptions:*** | ***53*** |
|  | TILA Finance Charge Test | 1 |
|  | Loan Originator NMLS Status is Not Active | 1 |
| C | Charges That Cannot Increase Test | 1 |
|  | Charges That In Total Cannot Increase More Than 10% Test | 1 |
|  | ***Total Compliance Grade (C) Exceptions:*** | ***4*** |
|  | No Property Findings | 285 |
|  | HOA Questionnaire is Missing | 9 |
|  | Condo Approval Missing | 4 |
|  | Subject property appraisal is not on an as-is basis (Primary Value) | 3 |
| A | FEMA Declared Disaster Dated Prior to the Note Date, After Appraisal Date | 1 |
|  | FEMA Post Disaster Inspection Report not Provided | 1 |
|  | No HOA fees on appraisal and property identified as a PUD | 1 |
| Property | ***Total Property Grade (A) Exceptions:*** | ***304*** |
|  | Property Inspection Waiver Used at Origination | 17 |
|  | Condo Approval Missing | 1 |
| B | External Obsolescence Present | 1 |
|  | ***Total Property Grade (B) Exceptions:*** | ***19*** |
|  | Third Party Valuation Product Not Provided within 10% Tolerance | 3 |
| C | Subject property appraisal is not on an as-is basis (Primary Value) | 1 |
|  | ***Total Property Grade (C) Exceptions:*** | ***4*** |

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**Event Grade Definitions** 

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

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---

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

---

------

---

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

---

---

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

---

## Exhibit 99.7

**EXHIBIT 99.7** 

**CONSOLIDATED ANALYTICS EXCEPTION GRADES REPORT** 

------

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| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;72 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Rescinded | FCRE1356 | Credit | Borrower 2 YTD Profit & Loss Missing | Borrower 2 YTD Profit & Loss Missing |  |  | ; NA; Not required per DU #20; Borrower 2 YTD Profit & Loss Provided or Not Applicable (Number of Borrowers equals 2) | 09/22/2025 | A |
| &nbsp;&nbsp;&nbsp;72 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Rescinded | FCRE1355 | Credit | Borrower 2 CPA Letter Missing | Borrower 2 CPA Letter Missing Borrower 2 CPA Letter Missing |  |  | ; NA; Not required per DU #20; Borrower 2 CPA Letter Provided or Not Applicable (Number of Borrowers equals 2) | 09/22/2025 | A |
| &nbsp;&nbsp;&nbsp;72 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Rescinded | FCRE1325 | Credit | Borrower 1 CPA Letter Missing | Borrower 1 CPA Letter Missing Borrower 1 CPA Letter Missing | Document Uploaded. Please clarify, what is the CPA letter you are looking for? The file contains verification of the business. Do you need the CPA to verify something specific? | 09/15/2025 | Not required per DU #20; Not required per DU #20; Borrower 1 CPA Letter Provided | 09/16/2025 | A |
| &nbsp;&nbsp;&nbsp;72 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Rescinded | FCRE1326 | Credit | Borrower 1 YTD Profit & Loss Missing | Borrower 1 YTD Profit & Loss Missing Borrower 1 YTD Profit & Loss Missing | I am unaware of a FNMA guideline that requires a Profit & Loss statement. Could you please point me to it? Thanks! | 09/15/2025 | Not required per DU #20; Not required per DU #20; Borrower 1 YTD Profit & Loss Provided | 09/16/2025 | A |
| &nbsp;&nbsp;&nbsp;72 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 4.42 years on job. A |
| &nbsp;&nbsp;&nbsp;72 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 4.42 years on job. A |
| &nbsp;&nbsp;&nbsp;2 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NY | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines. |  |  | Informational; ; Informational | 09/10/2025 | Borrower has stable job time - Borrower has 22.21 years on job. A |
| &nbsp;&nbsp;&nbsp;2 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NY | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational; ; Informational | 09/10/2025 | Borrower has stable job time - Borrower has 22.21 years on job. A |
| &nbsp;&nbsp;&nbsp;53 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/02/2025 | Resolved | FCOM1229 | Credit | 1-4 Family Rider is Missing | 1-4 Family Rider is Missing. The riders are missing |  |  | The 1-4 Family Rider is Present | 09/19/2025 | Borrower has stable job time - Borrower has 18.48 years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of 20.68% is less than Guideline DTI of 43%<br> D A |
| &nbsp;&nbsp;&nbsp;53 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/02/2025 | Resolved | FCOM1227 | Credit | PUD Rider is Missing | PUD Rider is Missing The riders are missing |  |  | The PUD Rider is Present or is Not Applicable (Property Type is PUD) | 09/19/2025 | Borrower has stable job time - Borrower has 18.48 years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of 20.68% is less than Guideline DTI of 43%<br> D A |
| &nbsp;&nbsp;&nbsp;53 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/02/2025 | Resolved | FCOM1206 | Credit | The Note is Missing | The Note is Missing. The Note is missing. I've searched through all 3690 docs. | Document Uploaded. Please see attached signed closing docs | 09/10/2025 | The Note is Present.; Closing package provided | 09/15/2025 | Borrower has stable job time - Borrower has 18.48 years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of 20.68% is less than Guideline DTI of 43%<br> D A |
| &nbsp;&nbsp;&nbsp;53 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/02/2025 | Resolved | FCOM1220 | Credit | The Deed of Trust is Missing | The Deed of Trust is Missing The fil e is missing the deed of trust |  |  | The Deed of Trust is Present | 09/15/2025 | Borrower has stable job time - Borrower has 18.48 years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of 20.68% is less than Guideline DTI of 43%<br> D A |
| &nbsp;&nbsp;&nbsp;53 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/02/2025 | Resolved | FCRE1253 | Credit | Missing Property Tax Cert | Missing Property Tax Cert There was not a tax cert at the time of my review | Document Uploaded. | 09/10/2025 | Property Tax Cert Provided; tax cert provided | 09/15/2025 | Borrower has stable job time - Borrower has 18.48 years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of 20.68% is less than Guideline DTI of 43%<br> D A C |
| &nbsp;&nbsp;&nbsp;53 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1184 | Credit | AUS Not Provided | Missing AUS The AUS findings are missing from this loan. | Document Uploaded. | 09/10/2025 | AUS is not missing; LP Provided | 09/15/2025 | Borrower has stable job time - Borrower has 18.48 years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of 20.68% is less than Guideline DTI of 43%<br> D A |
| &nbsp;&nbsp;&nbsp;53 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/02/2025 | Resolved | FCOM1232 | Credit | The Final 1003 is Missing | The Final 1003 is Missing The final 1003 is missing |  |  | The Final 1003 is Present | 09/15/2025 | Borrower has stable job time - Borrower has 18.48 years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of 20.68% is less than Guideline DTI of 43%<br> D A |
| &nbsp;&nbsp;&nbsp;64 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/04/2025 | A |
| &nbsp;&nbsp;&nbsp;64 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/04/2025 | A |
| &nbsp;&nbsp;&nbsp;64 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | A |
| &nbsp;&nbsp;&nbsp;73 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/15/2025 | Acknowledged | FCRE1148 | Credit | Title Coverage is Less than Subject Lien | Title Coverage Amount of $XXXXXX is Less than Total Amount of Subject Lien $XXXXXX Preliminary commitment | Document Uploaded. | 09/24/2025 | Exception non-material. Investor acknowledges exception | 09/24/2025 | Borrower has stable job time - Borrower has 4.41 years on job. D B A |
| &nbsp;&nbsp;&nbsp;73 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/02/2025 | Resolved | FCRE1145 | Credit | Title Document Missing | Title Document is missing Title Document is missing | Document Uploaded. | 09/10/2025 | Title Document is fully Present; Title received | 09/15/2025 | Borrower has stable job time - Borrower has 4.41 years on job. D B A |
| &nbsp;&nbsp;&nbsp;66 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | ATR/QM: Exempt | Loan Review Complete | 09/02/2025 | Resolved | FCRE1169 | Credit | Flood Insurance Effective Date is after the Disbursement Date | Flood Insurance Effective Date of XXXXXX is after the Disbursement Date of XXXXXX The effective date of the flood insurance is after the disbursement date, however, FNMA does allow borrower's to obtain flood insurance shortly after closing. | Document Uploaded. Previous policy | 09/25/2025 | Prior policy was in file, exception resolved. ; Flood Insurance Effective Date of XXX is prior to or equal to the Disbursement Date of XXX Or Flood Insurance Effective Date Is Not Provided | 09/26/2025 | Qualifying DTI below max allowed. - Calculated DTI of 33.29% is less than Guideline DTI of 45%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 740 is greater than Guideline minimum FICO of 620<br> C A |
| &nbsp;&nbsp;&nbsp;66 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | ATR/QM: Exempt | Loan Review Complete | 09/02/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Need Business Purpose Affidavit. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;174 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/02/2025 | Resolved | FPRO1500 | Property | HOA Questionnaire is Missing | HOA Questionnaire Missing UW_No questionnaire in file | Document Uploaded. | 09/15/2025 | HOA Questionnaire Provided; Condo Project manager provided | 09/16/2025 | Borrower has stable job time - Borrower has 3.87 years on job. D A |
| &nbsp;&nbsp;&nbsp;174 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/02/2025 | Resolved | FPRO0951 | Property | Condo Approval Missing | Condo Approval Missing. UW-Condo approval is Missing not file | Document Uploaded. | 09/15/2025 | Condo Approval is provided.; Condo Project manager provided | 09/16/2025 | Borrower has stable job time - Borrower has 3.87 years on job. D A B |
| &nbsp;&nbsp;&nbsp;174 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 3.87 years on job. D A |
| &nbsp;&nbsp;&nbsp;173 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1145 | Credit | Title Document Missing | Title Document is missing Title was not provided | Document Uploaded. | 09/18/2025 | Title Document is fully Present; Commitment provided | 09/19/2025 | D A |
| &nbsp;&nbsp;&nbsp;468 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | A |
| &nbsp;&nbsp;&nbsp;468 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/04/2025 | A |
| &nbsp;&nbsp;&nbsp;468 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/04/2025 | A |
| &nbsp;&nbsp;&nbsp;68 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1191 | Credit | Audited Reserves are less than AUS Required Reserves (Dollar Amount) | Audited Reserves of $25581.28 are less than AUS Required Reserves of $26702.63 Assets verified from XXX which reflects a CD balance of $XXX DU used $XXXand the difference appears to be the EMD of $58,500.00. $XXX - $58,500.00 - $XXX cash to close captured from the final CD = $25,581.28 < $26,702.63 reserves required per DU. The loan file does not contain evidence the EMD has cleared or the source of the funds as required per DU. The loan file includes 2 months XXX checking account with a balance of $13,114.14, however unable to use due to missing source of a $9,000.00 transfer and a $9,747.39 deposit. DU requires any deposit > $8,488.00 must be sourced or omitted. Omission of these deposits reduces the XXX balance to $0.00. Provide evidence EMD of $58,500.00 has cleared and provide source of the funds as required per DU. | Document Uploaded. Per FNMA B3-2-10, If the lender has documented reserves that equal at least 90% of the Reserves Required to be Verified per the DU Underwriting Findings report, no resubmission required. In this case documented reserves are $25581.28 / required reserves $26702.63 = 95.80%. | 09/17/2025 | Audited Reserves of 6.79 month(s) are less than AUS Required Reserves of 7.09 month(s) Assets verified from XXX which reflects a CD balance of $XXX. DU used $XXX and the difference appears to be the EMD of $58,500.00. $XXX - $58,500.00 - XXXXX cash to close captured from the final CD = $25,581.28 / $3,766.76 = 6.79 months reserves < $26,702.63 / $3,766.76 = 7.09 months reserves required per DU. The loan file does not contain evidence the EMD has cleared or the source of the funds as required per DU. The loan file includes 2 months XXX checking account with a balance of $13,114.14, however unable to use due to missing source of a $9,000.00 transfer and a $9,747.39 deposit. DU requires any deposit > $8,488.00 must be sourced or omitted. Omission of these deposits reduces the XXX balance to $0.00. XXX asset reflects an additional CD ending XXX was cash out on XXX in the amount of $85,830.04, however, no documentation provided to show where the funds went and/or proof these funds were used for the EMD. Provide evidence EMD of $58,500.00 has cleared and provide source of the funds as required per DU.<br> ; Audited Reserves of $25581.28 are equal to or greater than AUS Required Reserves of $25581.28 | 09/19/2025 | Borrower has stable job time - Borrower has 6.61 years on job. C A |
| &nbsp;&nbsp;&nbsp;68 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1192 | Credit | Audited Reserves are less than AUS Required Reserves (Number of Months) | Audited Reserves of 6.79 month(s) are less than AUS Required Reserves of 7.09 month(s) Assets verified from XXX which reflects a CD balance of $XXX. DU used $XXXand the difference appears to be the EMD of $58,500.00. $XXX - $58,500.00 - $XXX cash to close captured from the final CD = $25,581.28 / $3,766.76 = 6.79 months reserves < $26,702.63 / $3,766.76 = 7.09 months reserves required per DU. The loan file does not contain evidence the EMD has cleared or the source of the funds as required per DU. The loan file includes 2 months XXX checking account with a balance of $13,114.14, however unable to use due to missing source of a $9,000.00 transfer and a $9,747.39 deposit. DU requires any deposit > $8,488.00 must be sourced or omitted. Omission of these deposits reduces the XXX balance to $0.00. XXX asset reflects an additional CD ending XXX was cash out on XXX in the amount of $85,830.04, however, no documentation provided to show where the funds went and/or proof these funds were used for the EMD. Provide evidence EMD of $58,500.00 has cleared and provide source of the funds as required per DU. |  |  | Audited Reserves of 6.79 month(s) are less than AUS Required Reserves of 7.09 month(s) Assets verified from XXX which reflects a CD balance of $XXX. DU used $XXX and the difference appears to be the EMD of $58,500.00. $XXX - $58,500.00 - $XXX cash to close captured from the final CD = $25,581.28 / $3,766.76 = 6.79 months reserves < $26,702.63 / $3,766.76 = 7.09 months reserves required per DU. The loan file does not contain evidence the EMD has cleared or the source of the funds as required per DU. The loan file includes 2 months XXX checking account with a balance of $13,114.14, however unable to use due to missing source of a $9,000.00 transfer and a $9,747.39 deposit. DU requires any deposit > $8,488.00 must be sourced or omitted. Omission of these deposits reduces the XXX balance to $0.00. XXX asset reflects an additional CD ending XXX was cash out on XXX in the amount of $85,830.04, however, no documentation provided to show where the funds went and/or proof these funds were used for the EMD. Provide evidence EMD of $58,500.00 has cleared and provide source of the funds as required per DU.<br> ; Audited Reserves of 6.79 month(s) are greater than or equal to AUS Required Reserves of 6.79 month(s) | 09/19/2025 | Borrower has stable job time - Borrower has 6.61 years on job. C A |
| &nbsp;&nbsp;&nbsp;68 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 6.61 years on job. C A |
| &nbsp;&nbsp;&nbsp;56 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | A |
| &nbsp;&nbsp;&nbsp;56 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/04/2025 | A |
| &nbsp;&nbsp;&nbsp;59 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1964 | Credit | Missing income documentation | The Final 1003 and AUS indicate that rental income of $4,500 was used for the subject property. Please provide rental income documentation to meet the requirement of Condition 18 of the DU. | Document Uploaded. | 09/17/2025 | ; Revised AUS provided | 09/19/2025 | D A |
| &nbsp;&nbsp;&nbsp;59 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Business Purpose Affidavit/Disclosure is missing from the file. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | D A |
| &nbsp;&nbsp;&nbsp;59 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | D A |
| &nbsp;&nbsp;&nbsp;206 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Please provide Business Purpose Affidavit/Disclosure. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;206 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 5.53 years on job. A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;61 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Acknowledged | FCOM9186 | Compliance | eSigned Documents Consent is Missing | The eSigned consent disclosure is missing. The eSigned documents consent is missing. Provide eConsent dated on or before XXX; the eConsent in loan file does not reflect borrower's approval to receive disclosures. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 2.5 years on job. B A |
| &nbsp;&nbsp;&nbsp;61 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 2.5 years on job. B A |
| &nbsp;&nbsp;&nbsp;61 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 2.5 years on job. B A |
| &nbsp;&nbsp;&nbsp;65 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCOM1604 | Compliance | Regulation § 1026.43(c)(2)(vi) failure - The consumer's current debt obligations, alimony, and child support or other debt obligations were not confirmed and included in the DTI or excluded per lender guidelines. | Regulation § 1026.43(c)(2)(vi) failure - The consumer's current debt obligations, alimony, and child support or other debt obligations were not confirmed and included in the DTI or excluded per lender guidelines. Missing documentation to support omission. Creditor: XXX, Acct: \*\*\*XXX, Bal: $14.00; Creditor: XXX, Acct: \*\*\*XXX, Bal: $406.00. | Document Uploaded. Those two accounts are included in the DTI. Total liabilities $55. Please see attached 1008 and LPA. | 09/19/2025 | The consumer's current debt obligations, alimony, and child support or other debt obligations were confirmed. | 09/21/2025 | D A C |
| &nbsp;&nbsp;&nbsp;65 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1184 | Credit | AUS Not Provided | Missing AUS Missing final AUS and the AUS in file is in the Application Stage. | Document Uploaded. | 09/10/2025 | AUS is not missing; LP #8 provided | 09/21/2025 | D A C |
| &nbsp;&nbsp;&nbsp;65 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE3978 | Credit | Missing Letter of Explanation (Credit) | Missing Credit Inquiry letter for Inquiry dated XXX | XXX does not obtain inquiry letters from our borrowers. Instead, we run a pre-funding Transunion Gap Report to ensure there are no undisclosed liabilities. If there are, we add them to the liabilities on the 1003. If there are not, we move forward with the closing. This process runs in the background so we don't get any output unless an undisclosed liability is identified. | 09/19/2025 | Documentation is sufficient. Explanation provided. Exception resolved. | 09/21/2025 | D A C |
| &nbsp;&nbsp;&nbsp;334 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Acknowledged | FCOM1621 | Compliance | Missing Initial Escrow Disclosure | Initial Escrow Account Disclosure is Missing Please provide Initial Escrow Account Disclosure |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 4.92 years on job. B A |
| &nbsp;&nbsp;&nbsp;334 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Rescinded | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Lender to provide verification of the HOA dues for primary residence located on XXX in XXX. | As it applies to HOA dues, our process is to look at the address and other documentation in the file. If nothing indicates a condo or PUD (ex. Unit number) we typically will not request verification of HOA. It should be noted that the DTI is 25% so HOA dues would have minimal impact. | 09/19/2025 | Documentation is sufficient. HOA identified on Appraisal. Exception rescinded. | 09/21/2025 | B A |
| &nbsp;&nbsp;&nbsp;172 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MD | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1316 | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing | Document Uploaded. | 09/23/2025 | Borrower 1 3rd Party VOE Prior to Close Was Provided; VOE provided | 09/23/2025 | Borrower has stable job time - Borrower has 6.53 years on job. D A |
| &nbsp;&nbsp;&nbsp;172 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MD | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE1192 | Credit | Audited Reserves are less than AUS Required Reserves (Number of Months) | Audited Reserves of 33.19 month(s) are less than AUS Required Reserves of 48 month(s) | Document Uploaded. The AUS does not require 48 months reserves. According to DU submission #11 Total Funds to be Verified are $136,995.75 and Total Available Assets are $247,089.81. This results in Excess Available Funds of $110,094.06 which is equivalent to 48 months reserves. | 09/22/2025 | resolved, DU pg 16 states reserves 48 mos, only 21,350.94 required to be verified. ; Audited Reserves of 33.19 month(s) are greater than or equal to AUS Required Reserves of 33.19 month(s) | 09/23/2025 | Borrower has stable job time - Borrower has 6.53 years on job. D A C |
| &nbsp;&nbsp;&nbsp;469 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | QM: Safe Harbor APOR (APOR SH) | Curative | 09/03/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Business Purpose Affidavit/Disclosure Missing |  |  | Rescinded C/O refinance out of scope. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;469 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | QM: Safe Harbor APOR (APOR SH) | Curative | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 16.06 years on job. A |
| &nbsp;&nbsp;&nbsp;469 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | QM: Safe Harbor APOR (APOR SH) | Curative | 09/03/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 16.06 years on job. A |
| &nbsp;&nbsp;&nbsp;519 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 46.24% exceeds AUS DTI of 46% The bonus income used at origination was $1144.13. The two year average of bonus is $945.53 (2024/2023) No bonus reported for 2025 on either the WVOE or the ytd paystub through XXX | Document Uploaded. | 09/29/2025 | LPA rounds DTI to nearest whole number. Therefore, Audit DTI of 46.24% meets LPA DTI of 46%, and does not need resubmission as it is within the allowed 3% variance. Exception resolved. ; Audited DTI of 46.24% is less than or equal to AUS DTI of 46.24% | 09/30/2025 | Borrower has stable job time - Borrower has 5.3 years on job. C B A |
| &nbsp;&nbsp;&nbsp;519 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Acknowledged | FCOM9186 | Compliance | eSigned Documents Consent is Missing | The eSigned consent disclosure is missing. The eSigned documents consent is missing. Provide complete eConsent dated on or before XXX showing borrower approval to receive loan documents. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 5.3 years on job. C B A |
| &nbsp;&nbsp;&nbsp;67 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MD | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCOM1233 | Credit | The Final 1003 is Incomplete | The Final 1003 is Incomplete Missing page 7 | Document Uploaded. | 09/10/2025 | The Final 1003 is Present; complete 1003 provided | 09/15/2025 | Borrower has stable job time - Borrower has 12.09 years on job. D A |
| &nbsp;&nbsp;&nbsp;67 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MD | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1185 | Credit | AUS Partially Provided | AUS Partially Provided Missing pages from AUS | Document Uploaded. | 09/10/2025 | AUS is not incomplete; complete AUS provided | 09/15/2025 | Borrower has stable job time - Borrower has 12.09 years on job. D A |
| &nbsp;&nbsp;&nbsp;67 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MD | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Documentation not in file for review. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | D A |
| &nbsp;&nbsp;&nbsp;67 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MD | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 12.09 years on job. D A |
| &nbsp;&nbsp;&nbsp;247 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1479 | Credit | Asset 1 Does Not Meet Guideline Requirements | Asset Record 1 Does Not Meet G/L Requirements. Two months of the monthly payment amount (as described in Section 5501.2(a) above) on each additional second home and/or 1- to 4-unit Investment Property that is financed and on which the Borrower is obligated | Document Uploaded. | 09/16/2025 | File contains 1 month bank statement for XXX, which meets GLs. Exception resolved. ; Asset Record 1 Meets G/L Requirements | 09/18/2025 | Borrower has stable job time - Borrower has 8.56 years on job. C A |
| &nbsp;&nbsp;&nbsp;247 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 8.56 years on job. C A |
| &nbsp;&nbsp;&nbsp;247 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 8.56 years on job. C A |
| &nbsp;&nbsp;&nbsp;558 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MI | QM: Safe Harbor APOR (APOR SH) | Curative | 09/03/2025 | Cured | finding-3634 | Compliance | Charges That Cannot Increase Test | TILA 130b Cure Required. Refund in the amount of $200.00, cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of $200.00 is due to the increase in appraisal fee without a valid COC. The appraisal invoice indicates the date the appraisal was ordered was XXX and there was a $200 complexity fee added but this was not disclosed until the CD dated XXX which is not considered timely This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $200.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). | Document Uploaded. | 09/24/2025 | Cure package provided to the borrower; Exception downgraded to a 2/B; Cure package provided to the borrower; Exception downgraded to a 2/B | 09/25/2025 | C B A |
| &nbsp;&nbsp;&nbsp;558 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MI | QM: Safe Harbor APOR (APOR SH) | Curative | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | C A B |
| &nbsp;&nbsp;&nbsp;558 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MI | QM: Safe Harbor APOR (APOR SH) | Curative | 09/03/2025 | Open | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 53.99% exceeds AUS DTI of 45% Originator utilized credit report dated 04/2025 to confirm monthly liabilities, however, updated pre-close credit report dated XXX discloses slightly higher payments. In addition, the updated credit report discloses an estimated $1362 monthly payment for XXX #XXX while only using a payment calculation of $336.79 at time of origination. Please provide supporting documentation for payment of $336.79. |  |  |  |  | C A B |
| &nbsp;&nbsp;&nbsp;168 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Rescinded | FCRE6843 | Credit | Asset General | Funds to close $79,787.77 and EMD $5000 copies of cashier's check and personal check from XXX..please provide evidence of transfer from XXX and clearance from XXX... | Document Uploaded. Per FNMA B3-4.3-01, if the value of the asset is at least 20% more than the amount of funds needed for the down payment and closing costs, no documentation of the borrower's actual receipt of funds realized from the sale or liquidation is required. In this case, the balance of the XXX is $231,011.05 and required funds are only $84,787.77. | 09/22/2025 | Per FNMA B3-4.3-01, if the value of the asset is at least 20% more than the amount of funds needed for the down payment and closing costs, no documentation of the borrower's actual receipt of funds realized from the sale or liquidation is required. In this case, the balance of the XXX/XXX account is $231,011.05 and required funds are only $84,787.77.; Statement provided | 09/22/2025 | C A |
| &nbsp;&nbsp;&nbsp;168 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE8611 | Credit | Income/Employment General | AUS to be rerun to include full pitia in dti...1008 reflects higher dti than last run of DU . | Document Uploaded. | 09/10/2025 | ; DU and 1008 provided | 09/15/2025 | C A |
| &nbsp;&nbsp;&nbsp;168 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | ATR/QM: Exempt | Loan Review Complete | 09/15/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 39.96% exceeds AUS DTI of 24.6% |  |  | Audited DTI of 23.72% is less than or equal to AUS DTI of 24.6% | 09/15/2025 | C A |
| &nbsp;&nbsp;&nbsp;168 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;168 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | C A |
| &nbsp;&nbsp;&nbsp;433 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 3.87 years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of 29.18% is less than Guideline DTI of 44%<br> A |
| &nbsp;&nbsp;&nbsp;433 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 3.87 years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of 29.18% is less than Guideline DTI of 44%<br> A |
| &nbsp;&nbsp;&nbsp;433 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 3.87 years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of 29.18% is less than Guideline DTI of 44%<br> A |
| &nbsp;&nbsp;&nbsp;161 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NV | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 6.99 years on job. A |
| &nbsp;&nbsp;&nbsp;161 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NV | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 6.99 years on job. A |
| &nbsp;&nbsp;&nbsp;520 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CT | QM: Safe Harbor APOR (APOR SH) | Curative | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 2.98 years on job. A |
| &nbsp;&nbsp;&nbsp;520 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CT | QM: Safe Harbor APOR (APOR SH) | Curative | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 2.98 years on job. A |
| &nbsp;&nbsp;&nbsp;751 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IN | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO1500 | Property | HOA Questionnaire is Missing | HOA Questionnaire Missing Missing HOA Questionnaire | This property is a PUD. HOA questionnaires are not required on PUDS. Please also note it's a detached home...project reviews are not required on detached homes. | 09/16/2025 | HOA questionnaire not required, exception resolved. ; HOA Questionnaire Provided | 09/19/2025 | Borrower has stable job time - Borrower has 14.89 years on job. D A |
| &nbsp;&nbsp;&nbsp;751 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IN | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1152 | Credit | Evidence of Property Tax Missing | Missing Real Estate Tax obligations for XXX and XXX | Document Uploaded. | 09/16/2025 | Property detail reports in file, exception resolved. | 09/18/2025 | Borrower has stable job time - Borrower has 14.89 years on job. D A |
| &nbsp;&nbsp;&nbsp;751 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IN | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Missing document |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | D A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;300 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1440 | Credit | Housing History Does Not Meet Guideline Requirements | Housing History Does Not Meet Guideline Requirements Missing verification of 1/2025 - 3/22025 rent payments for XXX - The AUS required verification of rent for six (6) months, or a fully executed lease agreement and two months cancelled checks/equivalent payment source - Lease agreement is in file which started 3/2025, however, the final 1003 states the Borrower has resided at the current residence for one (1) year and six (6) months | Document Uploaded. ; Document Uploaded. Verification of rent is required only if the borrower is using rental income to qualify. In this case, they are qualifying with the full PITI. | 09/18/2025 | Housing History Meets Guideline Requirements; Lease and bank statements updated; VOR is required for borrower personal primary residence rental, not the qualifying rent for subject property. per AUS provided in this rebuttal, Pg 5, line item 13. | 09/18/2025 | C A |
| &nbsp;&nbsp;&nbsp;300 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE0360 | Credit | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Missing verification of 1/2025 - 3/22025 rent payments for XXX- The AUS required verification of rent for six (6) months, or a fully executed lease agreement and two months cancelled checks/equivalent payment source - Lease agreement is in file which started 3/2025, however, the final 1003 states the Borrower has resided at the current residence for one (1) year and six (6) months |  |  | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not partially present. | 09/18/2025 | C A |
| &nbsp;&nbsp;&nbsp;300 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;300 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations-related findings were not identified Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | C A |
| &nbsp;&nbsp;&nbsp;517 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FCRE2900 | Credit | Borrower Non-US Citizen Identification Document Missing | Non US Citizen Borrower is missing Identification Document. Non US Citizen missing ID Document | Document Uploaded. | 09/10/2025 | Borrower Identification Document provided.; HIB visa provided | 09/16/2025 | Borrower has stable job time - Borrower has 5.98 years on job. D A |
| &nbsp;&nbsp;&nbsp;202 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1294 | Credit | Income 3 Months Income Verified is Missing | Income 3 Months Income Verified is Missing Missing mortgage statement's PITIA for XXX. Used Final DU Page 194<br> unable to calculate full PITIA payment on REO properties and verify HOA | Document Uploaded. ; XXX, per mortgage statement taxes and insurance are escrowed<br> XXX, owned free and clear. Taxes and insurance attached.<br> As it applies to HOA dues, our process is to look at the address and other documentation in the file. If nothing indicates a condo or PUD (ex. Unit number) we typically will not request verification of HOA. | 09/18/2025 | Income 3 Months Income Verified is Present Or Not Applicable; Mtg statement XXX and T&I for XXX verified, no HOA | 09/19/2025 | Borrower has stable job time - Borrower has 20.54 years on job. D A C |
| &nbsp;&nbsp;&nbsp;202 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1295 | Credit | Income 4 Months Income Verified is Missing | Income 4 Months Income Verified is Missing Missing mortgage statement's PITIA for XXX. Used Final DU Page 194<br> unable to calculate full PITIA payment on REO properties and verify HOA |  |  | Income 4 Months Income Verified is Present Or Not Applicable | 09/19/2025 | Borrower has stable job time - Borrower has 20.54 years on job. D A C |
| &nbsp;&nbsp;&nbsp;202 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1145 | Credit | Title Document Missing | Title Document is missing Title Commitment is missing. Escrow Sale Instructions are in the file. | Document Uploaded. | 09/10/2025 | Title Document is fully Present; Prelim provided | 09/19/2025 | Borrower has stable job time - Borrower has 20.54 years on job. D A |
| &nbsp;&nbsp;&nbsp;202 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1438 | Credit | ATR Risk | ATR Risk unable to calculate full PITIA payment on REO properties and verify HOA |  |  | ATR Risk Resolved | 09/19/2025 | Borrower has stable job time - Borrower has 20.54 years on job. D A C |
| &nbsp;&nbsp;&nbsp;202 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE1764 | Credit | Missing Verification of Mortgage | Please provide mortgage statements or verification of mortgage for XXX and XXX. |  |  | PITIA verified, | 09/19/2025 | Borrower has stable job time - Borrower has 20.54 years on job. D A |
| &nbsp;&nbsp;&nbsp;202 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | XXX and XXX missing documents / mortgage statement to verify PITIA on both properties. |  |  | PITIA verified, | 09/19/2025 | Borrower has stable job time - Borrower has 20.54 years on job. D A |
| &nbsp;&nbsp;&nbsp;742 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 13.58 years on job. A |
| &nbsp;&nbsp;&nbsp;742 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 13.58 years on job. A |
| &nbsp;&nbsp;&nbsp;742 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 13.58 years on job. A |
| &nbsp;&nbsp;&nbsp;423 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/25/2025 | Resolved | FCRE1177 | Credit | HO6 Insurance Policy Expiration Date is before the Note Date | HO-6 Insurance Policy Expiration Date of XXX is prior to the Note Date of XXX |  |  | Data entry error, exception resolved. ; HO-6 Insurance Policy Expiration Date of XXX is equal to or after the Note Date of XXX Or HO-6 Insurance Policy Expiration Date Is Not Provided | 09/25/2025 | Borrower has stable job time - Borrower has 3.54 years on job. C B A |
| &nbsp;&nbsp;&nbsp;423 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 54.83% exceeds AUS DTI of 43.6% Lender did not include PITI from second home located at XXX | Document Uploaded. The Note is signed by XXX, XXX is the sole obligor | 09/24/2025 | Evidence borrower is not obligated on 2nd home mortgage was provided. DTI meets GLs, exception resolved. ; Audited DTI of 44.86% is less than or equal to AUS DTI of 43.6% | 09/25/2025 | Borrower has stable job time - Borrower has 3.54 years on job. C B A |
| &nbsp;&nbsp;&nbsp;423 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Acknowledged | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 3.54 years on job. C B A |
| &nbsp;&nbsp;&nbsp;423 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Rescinded | FCRE2009 | Credit | Rent Loss Insurance Missing | Missing rent loss insurance coverage Provide HO6 policy with rent loss coverage |  |  | Not required. | 09/19/2025 | C B A |
| &nbsp;&nbsp;&nbsp;423 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 3.54 years on job. C B A |
| &nbsp;&nbsp;&nbsp;479 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MT | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 751 is greater than Guideline minimum FICO of 660<br> Qualifying DTI below max allowed. - Calculated DTI of 9.48% is less than Guideline DTI of 42.99%<br> A |
| &nbsp;&nbsp;&nbsp;479 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MT | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 751 is greater than Guideline minimum FICO of 660<br> Qualifying DTI below max allowed. - Calculated DTI of 9.48% is less than Guideline DTI of 42.99%<br> A |
| &nbsp;&nbsp;&nbsp;422 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NV | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FCRE1159 | Credit | Hazard Insurance Effective Date is after the Disbursement Date | Hazard Insurance Effective Date of XXX is after the Disbursement Date of XXX. Effective date is correct on all HOI's in system. | Document Uploaded. | 09/16/2025 | Hazard Insurance Effective Date of XXX is prior to or equal to the Disbursement Date of XXX Or Hazard Insurance Effective Date Is Not Provided. | 09/16/2025 | Borrower has stable job time - Borrower has 26.99 years on job. C A |
| &nbsp;&nbsp;&nbsp;422 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NV | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | No property findings Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 26.99 years on job. C A |
| &nbsp;&nbsp;&nbsp;415 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Acknowledged | FCOM9186 | Compliance | eSigned Documents Consent is Missing | The eSigned consent disclosure is missing. The eSigned documents consent is missing. Provide eConsent dated on or before XXX. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 33.24 years on job. B A |
| &nbsp;&nbsp;&nbsp;248 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | A |
| &nbsp;&nbsp;&nbsp;248 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/04/2025 | A |
| &nbsp;&nbsp;&nbsp;665 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SD | ATR/QM: Exempt | Curative | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 6.42 years on job. C A |
| &nbsp;&nbsp;&nbsp;665 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SD | ATR/QM: Exempt | Curative | 09/04/2025 | Resolved | FCRE0360 | Credit | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | We are missing Verification of mortgage liability for all Investment properties. Client needs to provide mortgage statements for all properties in order to be able to determine rental income/loss. |  |  | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not partially present. | 09/04/2025 | Borrower has stable job time - Borrower has 6.42 years on job. C A |
| &nbsp;&nbsp;&nbsp;557 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Acknowledged | FPRO2924 | Property | Property Inspection Waiver Used at Origination | Property Inspection Waiver or Appraisal Waiver used as origination valuation product. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 19.33 years on job. B A |
| &nbsp;&nbsp;&nbsp;557 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 19.33 years on job. B A |
| &nbsp;&nbsp;&nbsp;557 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 19.33 years on job. B A |
| &nbsp;&nbsp;&nbsp;171 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Rescinded | FCRE2009 | Credit | Rent Loss Insurance Missing | Missing rent loss insurance coverage Provide evidence of rent loss coverage. |  |  | Not required. | 09/19/2025 | D A |
| &nbsp;&nbsp;&nbsp;171 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1185 | Credit | AUS Partially Provided | AUS Partially Provided The loan file contains page 1 of 12 different submissions. Additional pages with conditions found in the loan file but unable to confirm all pages for submission #12 are in the loan file. Provide complete LP for submission #12. | Document Uploaded. | 09/18/2025 | AUS is not incomplete; LP 12 provided | 09/19/2025 | Borrower has stable job time - Borrower has 5.07 years on job. D A |
| &nbsp;&nbsp;&nbsp;171 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1145 | Credit | Title Document Missing | Title Document is missing Provide title documents. | Document Uploaded. | 09/18/2025 | Title Document is fully Present; Preliminary report provided | 09/19/2025 | Borrower has stable job time - Borrower has 5.07 years on job. D A |
| &nbsp;&nbsp;&nbsp;812 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE0377 | Credit | The Total Hazard Coverage is LESS than the Required Coverage Amount | The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). HOI is insufficient by $XXX, as total coverage is $XXX, loan amount is $XXX. | Document Uploaded. | 09/24/2025 | The Total Hazard Coverage is greater than or equal to the Required Coverage Amount; RCE | 09/24/2025 | Borrower has stable job time - Borrower has 18.78 years on job. C A |
| &nbsp;&nbsp;&nbsp;812 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 52.14% exceeds AUS DTI of 21% Audited DTI of 52.14% exceeds Max allowed 50%, the AUS amount of 21% due to PITI of subject at $4101.08 in audit and $4040.48 LP, $1083.38 for primary, and $1080.38 for LP. Total monthly debt in audit is $5917.35 to include rental loss of $475.08, total debt $257. Total monthly expense for LP was $2339.94. | Document Uploaded. | 09/22/2025 | Reanalysis of rental income loss with additional documentation. ; Audited DTI of 21.54% is less than or equal to AUS DTI of 21.54%; Audited DTI of 21.54% is less than or equal to AUS DTI of 21% | 09/24/2025 | Borrower has stable job time - Borrower has 18.78 years on job. C A |
| &nbsp;&nbsp;&nbsp;812 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;669 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MN | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 4.9 years on job. A |
| &nbsp;&nbsp;&nbsp;669 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MN | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 4.9 years on job. A |
| &nbsp;&nbsp;&nbsp;593 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;593 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 3.71 years on job. A |
| &nbsp;&nbsp;&nbsp;338 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 23.81 years on job. A |
| &nbsp;&nbsp;&nbsp;338 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 23.81 years on job. A |
| &nbsp;&nbsp;&nbsp;427 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE1241 | Credit | Purchase Contract is Missing | Loan Purpose is Purchase but Purchase Contract Doc is Missing | Document Uploaded. | 09/10/2025 | Purchase Contract Doc is not Missing, or is Not Applicable.; purchase contract and addendum provided | 09/16/2025 | D A |
| &nbsp;&nbsp;&nbsp;427 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | D A |
| &nbsp;&nbsp;&nbsp;335 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Acknowledged | FCRE1183 | Credit | Approval/Underwriting Summary Partially Provided | Approval/Underwriting Summary Partially Provided. Document is not complete. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Qualifying DTI below max allowed. - Calculated DTI of 22.34% is less than Guideline DTI of 46%<br> Borrower has stable job time - Borrower has 14.41 years on job.<br> B A |
| &nbsp;&nbsp;&nbsp;335 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | B A |
| &nbsp;&nbsp;&nbsp;335 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/04/2025 | Qualifying DTI below max allowed. - Calculated DTI of 22.34% is less than Guideline DTI of 46%<br> Borrower has stable job time - Borrower has 14.41 years on job.<br> B A |
| &nbsp;&nbsp;&nbsp;335 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Qualifying DTI below max allowed. - Calculated DTI of 22.34% is less than Guideline DTI of 46%<br> Borrower has stable job time - Borrower has 14.41 years on job.<br> B A |
| &nbsp;&nbsp;&nbsp;518 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1182 | Credit | Approval/Underwriting Summary Not Provided | Missing Approval/Underwriting Summary. Missing 1008 | Document Uploaded. | 09/16/2025 | 1008 provided, exception resolved.; Approval/Underwriting Summary is fully present | 10/1/2025 | Borrower has stable job time - Borrower has 47.58 years on job. D A B |
| &nbsp;&nbsp;&nbsp;518 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Missing documents for property XXX listed on Final 1003. Missing HOI for property XXX. | Document Uploaded. XXX: I believe this APN is a typo. Please see attached property profile.<br> XXX: Please see HOI attached | 09/15/2025 | ; HOI for XXX provided. | 09/16/2025 | Borrower has stable job time - Borrower has 47.58 years on job. D A |
| &nbsp;&nbsp;&nbsp;518 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1316 | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing Missing documentation | Document Uploaded. | 09/10/2025 | Borrower 1 3rd Party VOE Prior to Close Was Provided; VOE provided | 09/15/2025 | Borrower has stable job time - Borrower has 47.58 years on job. D A |
| &nbsp;&nbsp;&nbsp;518 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 47.58 years on job. D A |
| &nbsp;&nbsp;&nbsp;827 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MN | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | The file does not contain HOA statements or no HOA letters for the Primary Residences located at XXX and XXX. | Document Uploaded. | 09/24/2025 | ; XXX no HOA, XXX verified. | 09/26/2025 | Borrower has stable job time - Borrower has 3.03 years on job. D A |
| &nbsp;&nbsp;&nbsp;827 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MN | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 3.03 years on job. D A |
| &nbsp;&nbsp;&nbsp;934 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE5116 | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing 12 month verification of Mortgage with XXX for primary housing. | Document Uploaded. The loan is brand new, only 1 payment made. Of note, the refinance did not pay off a previous lien so no additional VOM available. | 09/15/2025 | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing; no prior lien | 09/16/2025 | Borrower has stable job time - Borrower has 20.75 years on job. D A |
| &nbsp;&nbsp;&nbsp;934 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE6843 | Credit | Asset General | Per DU Findings A secured loan is included in available funds. Documents that verify the terms of the loan and the fact that it is secured must<br> be included in the loan file. Monthly payments for the loan must be considered in the debt-to-income ratio unless the loan is<br> secured by a financial asset. If the loan is secured by a financial asset, the asset must be reduced by the amount of the loan. this documentation was missing. | Document Uploaded. | 09/15/2025 | ; Final CD provided for secured funds | 09/16/2025 | Borrower has stable job time - Borrower has 20.75 years on job. D A C |
| &nbsp;&nbsp;&nbsp;934 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 20.75 years on job. D A |
| &nbsp;&nbsp;&nbsp;740 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Acknowledged | FPRO2924 | Property | Property Inspection Waiver Used at Origination | Property Inspection Waiver or Appraisal Waiver used as origination valuation product. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 14.22 years on job. D B A |
| &nbsp;&nbsp;&nbsp;740 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FCRE1185 | Credit | AUS Partially Provided | AUS Partially Provided Incomplete document, missing pages. | Document Uploaded. | 09/18/2025 | AUS is not incomplete; LP 08 provided | 09/19/2025 | Borrower has stable job time - Borrower has 14.22 years on job. D B A |
| &nbsp;&nbsp;&nbsp;426 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Rescinded | FCRE0360 | Credit | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. The loan file contains evidence of 7 months of rental payments - 1.2025 - 7.2025. Provide evidence of rental payments covering 8.1.2024 - 12.31.2024. | Per FHLMC 3401.18: Evidence of verification of Mortgage payment history and/or rental payment history for the 12-month period prior to the date of the Mortgage application must be included in the Mortgage file for Manually Underwritten Mortgages.<br> Can you point me to a FHLMC guideline that requires 12 months rent payments? Thanks!; Verification of rent is required only if the borrower is using rental income to qualify. In this case, they are qualifying with the full PITI. | 09/18/2025 | ; The request is for a 12 month mortgage/rental history for the Borrowers residence. Exception remains.; VOR for borrowers personal rental. The loan file contains evidence of 7 months of rental payments - 1.2025 - 7.2025. Provide evidence of rental payments covering 8.1.2024 - 12.31.2024. Borrower pays $2400 monthly rent for primary residence. | 09/22/2025 | D A |
| &nbsp;&nbsp;&nbsp;426 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1185 | Credit | AUS Partially Provided | AUS Partially Provided LP certificate with 9 submissions only has the 1st page. Provide all pages of LP with 9 submissions. Upon receipt and review, additional conditions may apply. | Document Uploaded. | 09/10/2025 | AUS is not incomplete; LP #10 provided | 09/16/2025 | Borrower has stable job time - Borrower has 3.75 years on job. D A |
| &nbsp;&nbsp;&nbsp;426 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Rescinded | FCRE4989 | Credit | Collections, liens or judgments not paid at closing | LP requires documentation to support omission of $150.00 collection debt with XXX. The credit report reflects the account is still open and the final CD does not reflect the collection was paid at close. Provide documentation support omission of debt. | Document Uploaded. I don't see that requirement on LPA #10 | 09/15/2025 | AUS provided, payoff not listed on LP #10 | 09/16/2025 | D A |
| &nbsp;&nbsp;&nbsp;426 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 3.75 years on job. D A |
| &nbsp;&nbsp;&nbsp;592 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | PA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;592 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | PA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 11.17 years on job. A |
| &nbsp;&nbsp;&nbsp;592 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | PA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 11.17 years on job. A |
| &nbsp;&nbsp;&nbsp;741 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1491 | Credit | Asset Qualification Does Not Meet Guideline Requirements | Asset Qualification Does Not Meet Guideline Requirements $30,000 deposit on 04/24/25 to XXX acct #XXX was not sourced. Missing proof of funds used to pay off XXX Auto loan #XXX | Document Uploaded. I asked the underwriting team to review... please see their response attached. ; Regarding the $30,000 deposit: As indicated on the XXX statement the funds were transferred from XXX. And the XXX account is verified as belonging to the borrower. Per FNMA B3-4.2-02, if the source of a large deposit is readily identifiable on the account statement(s), such as a direct deposit from an employer (payroll), the Social Security Administration, or IRS or state income tax refund, or a transfer of funds between verified accounts, and the source of the deposit is printed on the statement, the lender does not need to obtain further explanation or documentation. | 09/18/2025 | Documentation is sufficient. LOE provided. Exception resolved.; Asset Qualification Meets Guideline Requirements; Issue regarding the $30k deposit into XXX has been resolved. However, documentation verifying the source of funds ($58,631.50) used to payoff the XXX/XXX account is still missing. Account statement page 356 shows payoff was received 7/9/2025 but it does not indicated the account funds came from, only that it was an external account. XXX #XXX shows there was a $55k transfer to XXX #XXX on 7/3/2025, but there is no statement for XXX #XXX for that time period. If this transfer was the funds used to payoff XXX, please provide the account statement for XXX #XXX which covers July. | 09/19/2025 | C A |
| &nbsp;&nbsp;&nbsp;741 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;741 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | C A |
| &nbsp;&nbsp;&nbsp;868 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Curative | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 30.67 years on job. D A |
| &nbsp;&nbsp;&nbsp;868 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Curative | 09/03/2025 | Open | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | The Properties located at XXX, XXX, and XXX are missing the verification of HOA or a no HOA statement. |  |  |  |  | Borrower has stable job time - Borrower has 30.67 years on job. D A |
| &nbsp;&nbsp;&nbsp;645 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 19.59 years on job. A |
| &nbsp;&nbsp;&nbsp;645 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 19.59 years on job. A |
| &nbsp;&nbsp;&nbsp;814 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 9/3/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines. |  |  | Informational; ; Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;908 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE0377 | Credit | The Total Hazard Coverage is LESS than the Required Coverage Amount | The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). HOI coverage is insufficient by $XXX as required by FNMA, as the loan is less than 80% of the RVC. | Document Uploaded. | 09/24/2025 | The Total Hazard Coverage is greater than or equal to the Required Coverage Amount; RCE | 09/24/2025 | Borrower has stable job time - Borrower has 2.94 years on job. C A |
| &nbsp;&nbsp;&nbsp;908 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Missing business purpose affidavit/disclosure |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;94 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Acknowledged | FCOM9186 | Compliance | eSigned Documents Consent is Missing | The eSigned consent disclosure is missing. The eSigned documents consent is missing. Provide eConsent dated on or before XXX. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 5.26 years on job. B A |
| &nbsp;&nbsp;&nbsp;94 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Acknowledged | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing Required Affiliated Business Disclosure Missing |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 5.26 years on job. B A |
| &nbsp;&nbsp;&nbsp;94 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Acknowledged | FPRO2924 | Property | Property Inspection Waiver Used at Origination | Property Inspection Waiver or Appraisal Waiver used as origination valuation product. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 5.26 years on job. B A |

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| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;94 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 5.26 years on job. B A |
| &nbsp;&nbsp;&nbsp;437 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;438 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1316 | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing Missing documentation | Document Uploaded. | 09/15/2025 | Borrower 1 3rd Party VOE Prior to Close Was Provided; SOS | 09/16/2025 | Borrower has stable job time - Borrower has 19.54 years on job. D A |
| &nbsp;&nbsp;&nbsp;438 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Missing tax bill for XXX | Document Uploaded. | 09/15/2025 | ; Taxes XXX | 09/16/2025 | Borrower has stable job time - Borrower has 19.54 years on job. D A |
| &nbsp;&nbsp;&nbsp;438 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 19.54 years on job. D A |
| &nbsp;&nbsp;&nbsp;684 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 59.12% exceeds AUS DTI of 36.47% LP and final 1003 reflect rent loss of -$912.96 for subject property, there is no evidence in file of a lease agreement, ratios are reflecting 100% of PITIA for this property as rent loss. | Document Uploaded. The property is not current rented. Per FNMA B3-3.1-08, the 1007 without a lease is acceptable in this situation. Appraisal includes a 1007, market rent $2200 x 75% - $2562.96 = $-912.96 | 09/16/2025 | Appraisal indicates subject is vacant, therefore, the Form 1007 can be used and a lease is not required. REO income recalculated and DTI meets GLs. Exception resolved. ; Audited DTI of 36.6% is less than or equal to AUS DTI of 36.6%; Audited DTI of 21.46% is less than or equal to AUS DTI of 36.47% | 09/18/2025 | Borrower has stable job time - Borrower has 14.56 years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of 36.6% is less than Guideline DTI of 50%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 787 is greater than Guideline minimum FICO of 680<br> C A |
| &nbsp;&nbsp;&nbsp;684 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 14.56 years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of 36.6% is less than Guideline DTI of 50%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 787 is greater than Guideline minimum FICO of 680<br> C A |
| &nbsp;&nbsp;&nbsp;936 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE1248 | Credit | Purchase is not considered to be an Arm's Length Transaction | Purchase is not considered to be an Arm's Length Transaction TRANSACTION IS NON-ARMS LENGTH PER APPRAISAL. No other property findings. | Please clarify. Non-arms length transactions are acceptable. This should not be a material finding. | 09/18/2025 | Purchase is considered to be an Arm's Length Transaction, or Not Applicable; Non arms length transaction allowed. | 09/19/2025 | Borrower has stable job time - Borrower has 5.47 years on job. C A |
| &nbsp;&nbsp;&nbsp;936 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCOM1604 | Compliance | Regulation § 1026.43(c)(2)(vi) failure - The consumer's current debt obligations, alimony, and child support or other debt obligations were not confirmed and included in the DTI or excluded per lender guidelines. | Regulation § 1026.43(c)(2)(vi) failure - The consumer's current debt obligations, alimony, and child support or other debt obligations were not confirmed and included in the DTI or excluded per lender guidelines. All debts may not have been included because non-purchasing spouse credit report could not be located; therefore dti may not be correct. Need spouse's credit report and any debts to be included in the dti. | Please clarify. This is a conventional loan. Non-borrowing spouse credit reports are not required. | 09/18/2025 | The consumer's current debt obligations, alimony, and child support or other debt obligations were confirmed. | 09/19/2025 | Borrower has stable job time - Borrower has 5.47 years on job. C A |
| &nbsp;&nbsp;&nbsp;936 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;559 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Business purpose affidavit/disclosure was not provided |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;559 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 2.25 years on job. A |
| &nbsp;&nbsp;&nbsp;559 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 2.25 years on job. A |
| &nbsp;&nbsp;&nbsp;870 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MD | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 2.08 years on job. A |
| &nbsp;&nbsp;&nbsp;870 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MD | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 2.08 years on job. A |
| &nbsp;&nbsp;&nbsp;955 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Business Purpose Affidavit/Disclosure was not provided |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;1025 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;1025 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;7 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE1151 | Credit | Satisfactory Chain of Title not Provided | Unsatisfactory Chain of Title provided 24 month chain of title not received | Document Uploaded. I pulled my available resources and a 24 chain of title doesn't seem to be available. The property is new construction so it's safe to assume that previous transfers, if any, were on the vacant land and between developer, builder, etc. | 09/18/2025 | Meets GL; Satisfactory Chain of Title has been provided | 09/18/2025 | A |
| &nbsp;&nbsp;&nbsp;7 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE1479 | Credit | Asset 1 Does Not Meet Guideline Requirements | Asset Record 1 Does Not Meet G/L Requirements. | Document Uploaded. Please see attached. Is there anything missing? | 09/10/2025 | Meets GL; Asset Record 1 Meets G/L Requirements | 09/16/2025 | A |
| &nbsp;&nbsp;&nbsp;7 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE1480 | Credit | Asset 2 Does Not Meet Guideline Requirements | Asset Record 2 Does Not Meet G/L Requirements |  |  | Meets GL; Asset Record 2 Meets G/L Requirements Or Not Applicable | 09/16/2025 | A |
| &nbsp;&nbsp;&nbsp;7 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;750 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NM | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FCRE1185 | Credit | AUS Partially Provided | AUS Partially Provided Do Not Have Complete LP Finding report submission #5, only have feedback report. | Document Uploaded. | 09/18/2025 | Documentation is sufficient. LP provided. Exception resolved.; AUS is not incomplete; LP #5 provided | 10/01/2025 | Borrower has stable job time - Borrower has 21.5 years on job. D A |
| &nbsp;&nbsp;&nbsp;750 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NM | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Rescinded | FCRE2009 | Credit | Rent Loss Insurance Missing | Missing rent loss insurance coverage HOI for the investment property XXX is missing Rent Loss Insurance Coverage. |  |  | Not required. | 09/19/2025 | D A |
| &nbsp;&nbsp;&nbsp;664 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 48.09% exceeds AUS DTI of 47% Audited DTI of 48.09 exceeds AUS DTI of 47%. Variance is due to the income calculation. Audit used YTD income of $51,097.12 / 7.6.2025 vs. Lender used $49,269.51/ 7.3.2025. (YTD income is total minus $1,100.00 incentive). Audit captured 2024 income of $67,043.71 captured from the 2024 W-2. The Lender income worksheet reflects 2024 income of $71,469.95 which resulted in $6,689.17 monthly income vs. $6,493.56 calculated by Audit. Provide documentation to support 2024 income of $71,469.95 used by the lender. | Document Uploaded. | 09/18/2025 | Audited DTI of 46.68% is less than or equal to AUS DTI of 47%; Received VOE To support numbers used by lender uw for income. | 09/19/2025 | Borrower has stable job time - Borrower has 9.95 years on job. D A C |
| &nbsp;&nbsp;&nbsp;664 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE1185 | Credit | AUS Partially Provided | AUS Partially Provided FreddieMac Feedback Certificate with 8 submissions is missing all pages except page 1. Provide complete document. Upon receipt and review of complete LP, additional conditions may apply. Additionally, 1st page of LP reflects a DTI of 47%. Due to income variance, specifically amount of 2024 income, LP to be re ran to reflect income of $6,493.56 vs. $6,689.17 and DTI of 48.09% vs. 47%. | Document Uploaded. | 09/18/2025 | AUS is not incomplete; AUS provided in full. | 09/19/2025 | Borrower has stable job time - Borrower has 9.95 years on job. D A |
| &nbsp;&nbsp;&nbsp;664 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Provide documentation to support PITIA payment for the primary residence. Unable to verify if taxes and insurance are escrowed. If not escrowed, provide documentation to support taxes, insurance and HOA fees if applicable. | The secured lien is with XXX and, per the credit report, it's an FHA loan. HUD requires escrows so we typically do not request the Mortgage Statement...we assume the payment includes taxes and insurance. | 09/18/2025 | Client assumes FHA escrows are provided. | 09/19/2025 | Borrower has stable job time - Borrower has 9.95 years on job. D A |
| &nbsp;&nbsp;&nbsp;9 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Rescinded | FCRE1347 | Credit | Borrower 2 3rd Party VOE Prior to Close Missing | Borrower 2 3rd Party VOE Prior to Close Missing | Both borrowers are retired. XXX has a self-employed business but it has negative income so verification is not needed. | 09/18/2025 | ; Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals 2) | 09/19/2025 | A |
| &nbsp;&nbsp;&nbsp;9 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;9 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;12 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | PA | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Acknowledged | FPRO2924 | Property | Property Inspection Waiver Used at Origination | Property Inspection Waiver or Appraisal Waiver used as origination valuation product. PIW was no not provided for review, as DU accepted the value for the subject property. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 11.34 years on job. B A |
| &nbsp;&nbsp;&nbsp;12 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | PA | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing The business purpose affidavit/disclosure was not provided for review |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | B A |
| &nbsp;&nbsp;&nbsp;12 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | PA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 11.34 years on job. B A |
| &nbsp;&nbsp;&nbsp;37 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Acknowledged | FPRO2924 | Property | Property Inspection Waiver Used at Origination | Property Inspection Waiver or Appraisal Waiver used as origination valuation product. Property Inspection Waiver or Appraisal Waiver used as origination valuation product. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 3.57 years on job. B A |
| &nbsp;&nbsp;&nbsp;37 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational; ; Informational | 09/10/2025 | Borrower has stable job time - Borrower has 3.57 years on job. B A |
| &nbsp;&nbsp;&nbsp;37 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational; ; Informational | 09/10/2025 | Borrower has stable job time - Borrower has 3.57 years on job. B A |
| &nbsp;&nbsp;&nbsp;638 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Acknowledged | FPRO2924 | Property | Property Inspection Waiver Used at Origination | Property Inspection Waiver or Appraisal Waiver used as origination valuation product. AUS accepted the value appraisal not required |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 803 is greater than Guideline minimum FICO of 786<br> Qualifying DTI below max allowed. - Calculated DTI of % is less than Guideline DTI of 35.23%<br> Borrower has stable job time - Borrower has 5.75 years on job.<br> D C B A |
| &nbsp;&nbsp;&nbsp;638 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1316 | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing Third Party verification was not performed as AUS required verbal verification which was documented | Document Uploaded. Provided in original upload | 09/18/2025 | Borrower 1 3rd Party VOE Prior to Close Was Provided | 09/18/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 803 is greater than Guideline minimum FICO of 786<br> Qualifying DTI below max allowed. - Calculated DTI of % is less than Guideline DTI of 35.23%<br> Borrower has stable job time - Borrower has 5.75 years on job.<br> D C A |
| &nbsp;&nbsp;&nbsp;638 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE1347 | Credit | Borrower 2 3rd Party VOE Prior to Close Missing | Borrower 2 3rd Party VOE Prior to Close Missing Third Party verification was not performed as AUS required verbal verification which was documented | Document Uploaded. Provided in original upload | 09/18/2025 | Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals 2) | 09/18/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 803 is greater than Guideline minimum FICO of 786<br> Qualifying DTI below max allowed. - Calculated DTI of % is less than Guideline DTI of 35.23%<br> Borrower has stable job time - Borrower has 5.75 years on job.<br> D C A |
| &nbsp;&nbsp;&nbsp;638 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 10/02/2025 | Open | FPRO9990 | Property | Third Party Valuation Product Not Provided within 10% Tolerance | Loan originated with PIW, BPO ordered but value not supported. Field review ordered. |  |  |  | 10/02/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 803 is greater than Guideline minimum FICO of 786<br> Qualifying DTI below max allowed. - Calculated DTI of % is less than Guideline DTI of 35.23%<br> Borrower has stable job time - Borrower has 5.75 years on job.<br> D C A |

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| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;143 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Acknowledged | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Documentation required: Provide evidence borrower received the appraisal at least 3 days prior to consummation. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 19.5 years on job. D B A |
| &nbsp;&nbsp;&nbsp;143 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE1316 | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing Missing 3rd Party VOE or CPA letter | Document Uploaded. Borrower is a XXX. Their business license (which is an acceptable document for proof) was provided dated XXX, the day before closing XXX. See attachment. | 09/18/2025 | Borrower 1 3rd Party VOE Prior to Close Was Provided | 09/22/2025 | Borrower has stable job time - Borrower has 19.5 years on job. D B A |
| &nbsp;&nbsp;&nbsp;143 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE1325 | Credit | Borrower 1 CPA Letter Missing | Borrower 1 CPA Letter Missing Missing 3rd Party VOE or CPA letter | Document Uploaded. Borrower is a XXX. Their business license (which is an acceptable document for proof) was provided dated XXX, the day before closing XXX. See attachment. | 09/18/2025 | Borrower 1 CPA Letter Provided | 09/22/2025 | Borrower has stable job time - Borrower has 19.5 years on job. D B A |
| &nbsp;&nbsp;&nbsp;143 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE1296 | Credit | Income 5 Months Income Verified is Missing | Income 5 Months Income Verified is Missing Missing assets/Real Estate inventory to support continuance of capital gains income | Document Uploaded. Capital Gains letter in file along with the Settlement Statement referenced in the letter. See attachment. | 09/18/2025 | Income 5 Months Income Verified is Present Or Not Applicable; Capital gains document provided; Income 5 Months Income Verified is Missing | 09/22/2025 | Borrower has stable job time - Borrower has 19.5 years on job. D B C A |
| &nbsp;&nbsp;&nbsp;143 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Missing tax bills and HOI premiums for XXX.<br> Missing evidence of disposition of XXX, XXX, XXX, and XXX. Properties listed on Schedule E and not on Final 1003 | Document Uploaded. 1. XXX has taxes and insurance escrowed on the Mortgage Statement. Therefore, the individual documents for tax & insurance aren't required. 2. XXX, XXX, & XXX are on the Final 1003's continuation pages. 3. XXX & XXX were both sold with final settlement statements in file. See attachments. | 09/18/2025 | Documentation is sufficient. Final Settlement statements, Mortgage statement and 1003 provided. Exception resolved. | 09/19/2025 | Borrower has stable job time - Borrower has 19.5 years on job. D B A |
| &nbsp;&nbsp;&nbsp;38 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 12.24 years on job. A |
| &nbsp;&nbsp;&nbsp;38 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 12.24 years on job. A |
| &nbsp;&nbsp;&nbsp;38 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 12.24 years on job. A |
| &nbsp;&nbsp;&nbsp;36 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Rescinded | finding-3635 | Compliance | Charges That In Total Cannot Increase More Than 10% Test | This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($399.50) exceed the comparable charges ($347.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). TILA 130b Cure required: Cure of $17.50 required for increase in charges that in total cannot increase more than 10%. The Notary fee was added to the Final CD causing the aggregate to exceed the 10% threshold tolerance. Cure requires PCCD, LOE, and copy of refund check. | Document Uploaded. | 09/25/2025 | Borrower shopped for mobile notary; exception resolved; Borrower shopped for mobile notary; exception resolved | 09/26/2025 | C B A |
| &nbsp;&nbsp;&nbsp;36 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Acknowledged | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 16.87 years on job. C B A |
| &nbsp;&nbsp;&nbsp;36 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 16.87 years on job. C B A |
| &nbsp;&nbsp;&nbsp;36 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 16.87 years on job. C B A |
| &nbsp;&nbsp;&nbsp;224 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MO | ATR/QM: Exempt | Curative | 09/04/2025 | Resolved | FCRE0377 | Credit | The Total Hazard Coverage is LESS than the Required Coverage Amount | The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). The replacement cost breakdown shows a replacement cost to rebuild of XXX. The borrower only has coverage in the amount of 188000. The minimum coverage should be 80% of the replacement cost (XXX) | Document Uploaded. | 09/29/2025 | Updated policy provided, coverage is sufficient. Exception resolved. ; The Total Hazard Coverage is greater than or equal to the Required Coverage Amount | 09/30/2025 | C A |
| &nbsp;&nbsp;&nbsp;224 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MO | ATR/QM: Exempt | Curative | 09/04/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;224 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MO | ATR/QM: Exempt | Curative | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | C A |
| &nbsp;&nbsp;&nbsp;134 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;156 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IN | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 3.55 years on job. A |
| &nbsp;&nbsp;&nbsp;156 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IN | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 3.55 years on job. A |
| &nbsp;&nbsp;&nbsp;216 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | KY | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Acknowledged | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | B A |
| &nbsp;&nbsp;&nbsp;375 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AR | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 12.71 years on job. A |
| &nbsp;&nbsp;&nbsp;375 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AR | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 12.71 years on job. A |
| &nbsp;&nbsp;&nbsp;375 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AR | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 12.71 years on job. A |
| &nbsp;&nbsp;&nbsp;373 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MN | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE1445 | Credit | Asset 3 Expired | Asset 3 Expired Provide an updated bank statement for XXX, current has expired 3/31/2024. | Document Uploaded. | 09/23/2025 | Asset 3 Not Expired Or Not Applicable; 4/2025-6/2025 provided. | 09/23/2025 | Borrower has stable job time - Borrower has 13.43 years on job. C A |
| &nbsp;&nbsp;&nbsp;373 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MN | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Business purpose affidavit/disclosure was not provided for review. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;373 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MN | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 13.43 years on job. C A |
| &nbsp;&nbsp;&nbsp;385 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Acknowledged | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing Showing evidence that the ABD was provided to the borrower within 3 business days of application, XXX, may cure the violation. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 800 is greater than Guideline minimum FICO of 660 D B A |
| &nbsp;&nbsp;&nbsp;385 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Acknowledged | FPRO0951 | Property | Condo Approval Missing | Condo Approval Missing. Condo approval is Missing. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 800 is greater than Guideline minimum FICO of 660 D B A |
| &nbsp;&nbsp;&nbsp;385 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FPRO1500 | Property | HOA Questionnaire is Missing | HOA Questionnaire Missing HOA Questionnaire Missing | Document Uploaded. Subject is a detached Condo. Detached Condos are exempt from review. Tehrefore the HOA Questionnaire is not required. See attachment showing property is detached. | 09/17/2025 | HOA Questionnaire Provided. Subject is a detached Condo. Detached Condos are exempt from review. Tehrefore the HOA Questionnaire is not required. See attachment showing property is detached. | 09/19/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 800 is greater than Guideline minimum FICO of 660 D B A |
| &nbsp;&nbsp;&nbsp;152 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE3860 | Credit | SCIF Document Missing | This loan is an Risk Assesment is: (LP) with an application date of: (XXX) which is after March 1, 2023, or this is an FHA loan with an application date after August 28, 2023 and therefore a SCIF is required. However, the Supplemental Consumer Information Form is NOT Present. Missing SCIF from application. | Document Uploaded. | 09/18/2025 | This Supplemental Consumer Information Form is Present.; This loan is an Risk Assesment is: (LP) with an application date of: (XXX) which is after March 1, 2023, or this is an FHA loan with an application date after August 28, 2023 and therefore a SCIF is required. However, the Supplemental Consumer Information Form is NOT Present.; SCIF provided | 09/22/2025 | Borrower has stable job time - Borrower has 14.24 years on job. D A |
| &nbsp;&nbsp;&nbsp;152 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE1437 | Credit | Income and Employment Do Not Meet Guidelines | Income and Employment Do Not Meet Guidelines Missing HOI for REO XXX to properly calculate net rental loss. Missing LOE regarding XXX listed on Schedule E of tax returns. Please provide evidence of tax, insurance and HOA expenses for property on XXX along with proof of no mortgage still, or provide evidence the property was sold. Loan DTI was calculated without expenses for the Schedule E property and may be subject to income recalculation upon receipt of this documentation. Loan DTI was calculated with an estimate of possible HOI payment based on lender's figures on 1003 and may be subject to income recalculation upon receipt of evidence of actual HOI cost. | Document Uploaded. Regarding XXX: The subject is a two unit condo, the borrowers purchased both units (XXX and XXX). The file contains the HOI, premium $4190 per year. Please see attached.<br> Regarding XXX: The property is on the Schedule E but is not on the borrower's 1003 because XXX sold it. Please see attached. | 09/19/2025 | Income and Employment Meet Guidelines; Evidence of sale of Orchard Street and clarification of Liberty Street | 09/19/2025 | Borrower has stable job time - Borrower has 14.24 years on job. D A C |
| &nbsp;&nbsp;&nbsp;152 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE1180 | Credit | HO-6 Insurance Policy is Missing | HO-6 Insurance Policy is Missing Missing HO-6 policy for subject property. Please provide a copy of the policy and the paid receipt. | Document Uploaded. 2 unit condo association. There is no H06 for the subject property. The Master policy coverage is sufficient and coverages "all building items permanently attached" meaning (all-in w/ betterments & improvements). H06 not required. See attachment. | 09/17/2025 | Documentation is sufficient. Policy coverage is acceptable. No H06 required. Exception resolved.; HO-6 Insurance Policy is fully present | 09/19/2025 | Borrower has stable job time - Borrower has 14.24 years on job. D A |
| &nbsp;&nbsp;&nbsp;152 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCOM1501 | Compliance | Settlement Cost Booklet has not been entered | Settlement Cost Booklet has not been entered |  |  | exception incorrectly triggered; Exception resolved; exception incorrectly triggered; Exception resolved; exception incorrectly triggered; Exception resolved | 09/17/2025 | D A |
| &nbsp;&nbsp;&nbsp;152 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCOM1274 | Compliance | Escrow Waiver is Missing | Escrow Waiver is Missing | Document Uploaded. Escrow Waiver is not required when escrows are not waived. Taxes are escrowed, and there is no Insurance. Master policy coverage insurance. See attachment. | 09/17/2025 | exception incorrectly triggered; Exception resolved; Escrow Waiver is Present or Not Applicable | 09/17/2025 | D A |
| &nbsp;&nbsp;&nbsp;152 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 14.24 years on job. D A |
| &nbsp;&nbsp;&nbsp;371 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE1172 | Credit | Flood Insurance Minimum Coverage Not Met | Flood Insurance Coverage Amount does not meet minimum required coverage amount Sufficient flood insurance coverage is needed as subject property is located in flood zone AE. Flood coverage provided is 250,000, Loan amount is XXX | Document Uploaded. Flood policy in file is for $XXX. Loan amount is $XXX. Any loan amounts over $250,000 will have a flood policy at exactly $250,000. All flood policies are maxed out at $250,000 no matter the loan amount. Sufficient coverage. See attachment. | 09/18/2025 | Flood Insurance Minimum Coverage Amount is met; Flood Ins updated | 09/18/2025 | C A |
| &nbsp;&nbsp;&nbsp;371 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | C A |
| &nbsp;&nbsp;&nbsp;149 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NM | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE1324 | Credit | Borrower 1 Tax Returns Not Signed | Borrower 1 Tax Returns Not Signed Signed tax returns were not in file for review | Document Uploaded. Provided in original submission | 09/18/2025 | Borrower 1 Tax Returns Are Signed; updated signed tax returns | 09/18/2025 | C A |
| &nbsp;&nbsp;&nbsp;149 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NM | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE1354 | Credit | Borrower 2 Tax Returns Not Signed | Borrower 2 Tax Returns Not Signed Signed tax returns were not in file for review | Document Uploaded. Provided in original submission | 09/18/2025 | Borrower 2 Tax Returns Are Signed or Not Applicable (Number of Borrowers equals 2); updated signed tax return | 09/18/2025 | C A |
| &nbsp;&nbsp;&nbsp;149 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NM | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 65.72% exceeds AUS DTI of 47.6% Auditor DTI & Income Variance – XXX<br> Auditor verified DTI is 65.72%, which exceeds the guideline maximum of 43%. Auditor calculated qualifying income using YTD + prior W-2 average of $12,337.65.<br> Lender calculated income based on base salary of $12,500. The auditor's calculation is more conservative and is used for qualification.<br> Lender YTD income calculation included other income of $1,730.77 (page 236) that was not verified; therefore, the auditor excluded this from the YTD calculation.<br> In addition, a HELOC for XXX #XXX (CBR p.100) was noted but not clearly addressed. Inclusion of this lien causes DTI to exceed guidelines.<br> Lender to clarify and provide supporting documentation for income calculation, lien treatment, and support for ratios at time of approval. |  |  | Audited DTI of 42.87% is less than or equal to AUS DTI of 42.87% | 09/18/2025 | C A |
| &nbsp;&nbsp;&nbsp;149 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NM | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Business Purpose Affidavit was not in file at the time of review. |  |  | Rescinded C/O refinance out of scope. | 09/12/2025 | C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;149 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NM | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | C A |
| &nbsp;&nbsp;&nbsp;149 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NM | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | C A |
| &nbsp;&nbsp;&nbsp;650 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Rescinded | finding-651 | Compliance | TILA Finance Charge Test | This loan failed the TILA finance charge test.(12 CFR §1026.38(o)(2))The finance charge is $XXX. The disclosed finance charge of $XXX is not considered accurate because it is understated by more than $100. Cure required of $150.00. The following fees were included in testing: Underwriting fee of $300, Processing fee of $695, Flood Certification fee of $8.85, MERS fee of $24.95, Closing Protection Letter of $85, Title Digital Filing fee of $275, Settlement fee of $900, Title Certified Verification fee of $75, Title Trust Review fee of $200, and prepaid interest of $2228.41. Cure requires PCCD, LOE, copy of refund check, and proof of mailing and re-opening of rescission period. | Document Uploaded. ; This is a purchase transaction that is not subject to rescission, therefore a new rescission is not required. | 09/26/2025 | Title - Trust review fee is not required to be a PFC. Exception resolved; Title - Trust review fee is not required to be a PFC. Exception resolved; Cure required of $150.00. The following fees were included in testing: Underwriting fee of $300, Processing fee of $695, Flood Certification fee of $8.85, MERS fee of $24.95, Closing Protection Letter of $85, Title Digital Filing fee of $275, Settlement fee of $900, Title Certified Verification fee of $75, Title Trust Review fee of $200, and prepaid interest of $2228.41. Cure requires PCCD, LOE, copy of refund check, and proof of mailing | 09/26/2025 | D B C A |
| &nbsp;&nbsp;&nbsp;650 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Acknowledged | FPRO2924 | Property | Property Inspection Waiver Used at Origination | Property Inspection Waiver or Appraisal Waiver used as origination valuation product. Property Inspection Waiver or Appraisal Waiver used as origination valuation product. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 8.01 years on job. D B A C |
| &nbsp;&nbsp;&nbsp;650 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FCOM3666 | Compliance | Loan Originator NMLS Status is Not Active | Loan Originator NMLS Status is Not Active NMLS license has expired |  |  | Authorized to represent; Loan Originator NMLS Status is Active | 09/22/2025 | Borrower has stable job time - Borrower has 8.01 years on job. D B C A |
| &nbsp;&nbsp;&nbsp;650 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FCRE1764 | Credit | Missing Verification of Mortgage | Missing mortgage rating with XXX for current residence | The mortgage with XXX #XXX is reported on the credit report. | 09/16/2025 | Mortgage is reporting on the OCR, exception resolved. | 09/18/2025 | Borrower has stable job time - Borrower has 8.01 years on job. D B A C |
| &nbsp;&nbsp;&nbsp;809 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing. Please provide Business Purpose Affidavit/Disclosure. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;809 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 12.16 years on job. A |
| &nbsp;&nbsp;&nbsp;386 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Business Purpose Affidavit/Disclosure is missing from the file. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;386 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 24.51 years on job. A |
| &nbsp;&nbsp;&nbsp;48 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NH | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Acknowledged | FPRO2924 | Property | Property Inspection Waiver Used at Origination | Property Inspection Waiver or Appraisal Waiver used as origination valuation product. Loan received DU Approve/Eligible with Value Acceptance (PIW). |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 12.31 years on job. B A |
| &nbsp;&nbsp;&nbsp;48 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NH | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 12.31 years on job. B A |
| &nbsp;&nbsp;&nbsp;48 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NH | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 12.31 years on job. B A |
| &nbsp;&nbsp;&nbsp;644 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines. |  |  | Informational; ; Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;374 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing The subject transaction is the purchase of an investment property, which requires that a Business Purpose Affidavit be provided. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;374 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | A |
| &nbsp;&nbsp;&nbsp;268 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 14.93 years on job. A |
| &nbsp;&nbsp;&nbsp;268 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 14.93 years on job. A |
| &nbsp;&nbsp;&nbsp;384 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;384 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;384 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;76 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE2009 | Credit | Rent Loss Insurance Missing | Missing rent loss insurance coverage Provide updated HOI dec page with rent loss insurance coverage. | Document Uploaded. | 09/16/2025 | FNMA does not require rent loss coverage on a SFR, exception resolved. ; Rent Loss Coverage Present | 09/18/2025 | Borrower has stable job time - Borrower has 5.21 years on job. D A |
| &nbsp;&nbsp;&nbsp;76 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 5.21 years on job. D A |
| &nbsp;&nbsp;&nbsp;44 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 7.48 years on job. A |
| &nbsp;&nbsp;&nbsp;44 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 7.48 years on job. A |
| &nbsp;&nbsp;&nbsp;44 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 7.48 years on job. A |
| &nbsp;&nbsp;&nbsp;31 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Curative | 09/03/2025 | Resolved | FCRE7496 | Credit | Missing Verification of Subject Property Taxes, Insurance, HOA or Other Payments | The approval shows an additional $367.47 in monthly payment expense that is not verified, The Final CD indicates some insurance is escrowed, but the file does not contain verification of an additional policy, Please provide verification of the additional expense not escrowed. | Document Uploaded. | 09/15/2025 | First payment letter recommends adding additional $367.47 per month into escrow. | 09/16/2025 | D A |
| &nbsp;&nbsp;&nbsp;31 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Curative | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | D A |
| &nbsp;&nbsp;&nbsp;31 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Curative | 09/04/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/04/2025 | D A |
| &nbsp;&nbsp;&nbsp;31 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Curative | 09/03/2025 | Open | FCRE5116 | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. The file does not contain a lease agreement or verification of rent for the property located at XXX. |  |  |  |  | D A |
| &nbsp;&nbsp;&nbsp;43 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/04/2025 | A |
| &nbsp;&nbsp;&nbsp;43 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/04/2025 | A |
| &nbsp;&nbsp;&nbsp;43 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/04/2025 | A |
| &nbsp;&nbsp;&nbsp;395 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NM | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing . |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;395 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NM | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 13.66 years on job. A |
| &nbsp;&nbsp;&nbsp;395 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NM | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 13.66 years on job. A |
| &nbsp;&nbsp;&nbsp;632 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCOM1229 | Credit | 1-4 Family Rider is Missing | 1-4 Family Rider is Missing. 1-4 Family Rider is Missing. | Document Uploaded. 1-4 Family Rider in file. See attachment | 09/17/2025 | The 1-4 Family Rider is Present; 1-4 Family Rider received; exception resolved. | 09/19/2025 | Borrower has stable job time - Borrower has 10.4 years on job. D A |
| &nbsp;&nbsp;&nbsp;632 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCOM1227 | Credit | PUD Rider is Missing | PUD Rider is Missing PUD Rider is Missing | Document Uploaded. PUD Rider in file. See attachment | 09/17/2025 | The PUD Rider is Present or is Not Applicable (Property Type is PUD); PUD Rider received; exception resolved. | 09/19/2025 | Borrower has stable job time - Borrower has 10.4 years on job. D A |
| &nbsp;&nbsp;&nbsp;632 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCOM1220 | Credit | The Deed of Trust is Missing | The Deed of Trust is Missing Missing the Security Instrument for the subject loan | Document Uploaded. These are rare, but this loan was submitted with the Master Security Instrument with the Short Form Security Instrument. The Master Form is the full form with the info not filled out. This is accompanied with the Short Form. The Short Form includes only the pages of the Master that has required information to be entered (i.e. names, rider checked boxes, etc) and executed. Both Master & Short Form have to be in file. One can't be provided without the other. See attachments. | 09/17/2025 | The Deed of Trust is Present; Deed of Trust received; exception resolved. | 09/18/2025 | Borrower has stable job time - Borrower has 10.4 years on job. D A |
| &nbsp;&nbsp;&nbsp;632 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | D A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;52 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Acknowledged | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Cure - Provide evidence consumer received a copy of the appraisal 3 days prior to consummation XXX. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 27.32 years on job. D B A |
| &nbsp;&nbsp;&nbsp;52 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Acknowledged | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing Per the Privacy Notice disclosure, XXX has affiliates. Provide the Affiliated Business disclosure dated within 3 business days of application XXX. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 27.32 years on job. D B A |
| &nbsp;&nbsp;&nbsp;52 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FPRO1500 | Property | HOA Questionnaire is Missing | HOA Questionnaire Missing The file does not contain a copy of the HOA questionnaire. | Document Uploaded. Loan was approved with a Limited Review. FNMA CPM attached. | 09/16/2025 | HOA questionnaire not required per GLs, exception resolved.; HOA Questionnaire Provided | 09/18/2025 | Borrower has stable job time - Borrower has 27.32 years on job. D B A |
| &nbsp;&nbsp;&nbsp;52 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/04/2025 | Borrower has stable job time - Borrower has 27.32 years on job. D B A |
| &nbsp;&nbsp;&nbsp;30 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Acknowledged | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). The borrower signed the appraisal waiver, but there is no confirmation the borrower received a copy of the report at consummation. Please provide evidence when the borrower received a copy. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 12.41 years on job. D B A |
| &nbsp;&nbsp;&nbsp;30 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FCRE7496 | Credit | Missing Verification of Subject Property Taxes, Insurance, HOA or Other Payments | Subject property tax calculation to be verified by the Lender. Monthly property taxes of $XXX were used by the Lender. | Document Uploaded. Per the county website the extimated taxes are $XXX or $XXX per month. Using the higher amount the DTI is still well within tolerance. | 09/19/2025 | Documentation is sufficient. Tax cert provided. Exception resolved. | 09/20/2025 | Borrower has stable job time - Borrower has 12.41 years on job. D B A |
| &nbsp;&nbsp;&nbsp;30 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 12.41 years on job. D B A |
| &nbsp;&nbsp;&nbsp;389 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MD | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Missing tax bills and HOI premiums for XXX or recent mortgage statement | Document Uploaded. Final CD was provided for XXX for $1,110. The HOA is from the Tax Returns Schedule E $3,444 a year or $287 a month. See attachments | 09/17/2025 | Documentation is sufficient. CD and Sched E provided. Exception resolved. | 09/19/2025 | Borrower has stable job time - Borrower has 2.58 years on job. D A |
| &nbsp;&nbsp;&nbsp;389 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MD | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Missing Business Purpose Affidavit Disclosure |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | D A |
| &nbsp;&nbsp;&nbsp;389 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MD | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 2.58 years on job. D A |
| &nbsp;&nbsp;&nbsp;32 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | QM: Safe Harbor APOR (APOR SH) | Curative | 09/04/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 28.85 years on job. C A |
| &nbsp;&nbsp;&nbsp;32 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | QM: Safe Harbor APOR (APOR SH) | Curative | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 28.85 years on job. C A |
| &nbsp;&nbsp;&nbsp;32 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | QM: Safe Harbor APOR (APOR SH) | Curative | 09/05/2025 | Open | finding-3634 | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $506.95.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130b Cure Required. Refund in the amount of $506.95; 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 $506.95 is due to increase from $0.00 to $506.95 for the HOA Certificate. On CD dated XXX HOA certificate was added to section B and a COC was provided. The COC provided on XXX does not include a justification for the added fee. Please provide a COC with detailed information on why the was added. | Document Uploaded. | 09/30/2025 | The COC indicates the fee was added but does not contain a valid reason that it was not initially disclosed and it appears the HOA documentation was dated 5/12/2025 and not disclosed until 5/19/2025 | 10/01/2025 | Borrower has stable job time - Borrower has 28.85 years on job. C A |
| &nbsp;&nbsp;&nbsp;47 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Acknowledged | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Please provide evidence that a copy of the appraisal was sent to the borrower at least 3 business days prior to consummation date of XXX. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 24.91 years on job. B A |
| &nbsp;&nbsp;&nbsp;47 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 24.91 years on job. B A |
| &nbsp;&nbsp;&nbsp;47 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 24.91 years on job. B A |
| &nbsp;&nbsp;&nbsp;49 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Acknowledged | FCOM9186 | Compliance | eSigned Documents Consent is Missing | The eSigned consent disclosure is missing. Provide evidence the e-consent was received on or prior to the earliest electronic signature date XXX. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 5.78 years on job. B A |
| &nbsp;&nbsp;&nbsp;49 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Acknowledged | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Provide evidence the borrower received the appraisal a minimum of 3 business days prior to closing. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 5.78 years on job. B A |
| &nbsp;&nbsp;&nbsp;49 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | NO Property findings Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 5.78 years on job. B A |
| &nbsp;&nbsp;&nbsp;49 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | No Credit Findings The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 5.78 years on job. B A |
| &nbsp;&nbsp;&nbsp;694 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | 60.00 fee on primary property, missing HOA/Assoc dues | Document Uploaded. | 09/22/2025 |  |  | Borrower has stable job time - Borrower has 2.75 years on job. D A |
| &nbsp;&nbsp;&nbsp;694 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | D A |
| &nbsp;&nbsp;&nbsp;694 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 2.75 years on job. D A |
| &nbsp;&nbsp;&nbsp;178 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Acknowledged | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Provide evidence the appraisal was received a minimum of 3 business days prior to closing. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 5.54 years on job. B A |
| &nbsp;&nbsp;&nbsp;178 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 5.54 years on job. B A |
| &nbsp;&nbsp;&nbsp;178 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 5.54 years on job. B A |
| &nbsp;&nbsp;&nbsp;400 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OK | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;400 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OK | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 25.35 years on job. A |
| &nbsp;&nbsp;&nbsp;860 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 14.3 years on job. A |
| &nbsp;&nbsp;&nbsp;860 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 14.3 years on job. A |
| &nbsp;&nbsp;&nbsp;244 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | UT | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FPRO0951 | Property | Condo Approval Missing | Condo Approval Missing. Missing Condo Approval. |  |  | Condo Approval is provided. | 09/18/2025 | Borrower has stable job time - Borrower has 8.95 years on job. B A |
| &nbsp;&nbsp;&nbsp;244 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | UT | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE1180 | Credit | HO-6 Insurance Policy is Missing | HO-6 Insurance Policy is Missing Missing HO-6 Insurance Policy | Document Uploaded. Master policy is 100% replacement cost, walls-in, and includes betterments & improvements. Therefore, an H06 policy is not required. There is a Post CD provided showing that the hazard insurance was removed. See attachments. | 09/17/2025 | ; HO-6 not required, Master Policy reflects "All-In/Walls-In"; exception rescinded. | 09/18/2025 | B A |
| &nbsp;&nbsp;&nbsp;244 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | UT | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 8.95 years on job. B A |
| &nbsp;&nbsp;&nbsp;187 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | UT | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Acknowledged | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing Documentation Required- Affiliated Business Disclosure |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 5.17 years on job. B A |
| &nbsp;&nbsp;&nbsp;187 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | UT | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 5.17 years on job. B A |
| &nbsp;&nbsp;&nbsp;187 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | UT | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 5.17 years on job. B A |
| &nbsp;&nbsp;&nbsp;153 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ID | ATR/QM: Exempt | Loan Review Complete | 09/11/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 11.1 years on job. A |
| &nbsp;&nbsp;&nbsp;727 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 14.7 years on job. A |
| &nbsp;&nbsp;&nbsp;727 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 14.7 years on job. A |
| &nbsp;&nbsp;&nbsp;398 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Curative | 09/11/2025 | Resolved | FCOM1206 | Credit | The Note is Missing | The Note is Missing. Missing Note | Document Uploaded. ; Document Uploaded. | 09/25/2025 | Note provided, exception resolved. ; The Note is Present.; Invalid document. Note received is for loan #XXX in the name of XXX, XXX of 34 XXX in XXX. | 09/26/2025 | Borrower has stable job time - Borrower has 4.11 years on job. D C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;398 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Curative | 09/11/2025 | Resolved | FCOM1220 | Credit | The Deed of Trust is Missing | The Deed of Trust is Missing Deed of Trust Required | Document Uploaded. ; Document Uploaded. | 09/25/2025 | Deed of trust provided, exception resolved. ; The Deed of Trust is Present; Invalid document. Deed of Trust received is for loan #XXX in the name of XXX of XXX in XXX. | 09/26/2025 | Borrower has stable job time - Borrower has 4.11 years on job. D C A |
| &nbsp;&nbsp;&nbsp;398 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Curative | 09/11/2025 | Resolved | FCRE1145 | Credit | Title Document Missing | Title Document is missing | Document Uploaded. ; Document Uploaded. | 09/25/2025 | Title provided, exception resolved. ; Title Document is fully Present; Invalid document. Title received is for loan #XXX in the name of XXX of XXX in XXX. | 09/26/2025 | Borrower has stable job time - Borrower has 4.11 years on job. D C A |
| &nbsp;&nbsp;&nbsp;398 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Curative | 09/11/2025 | Resolved | FCRE1253 | Credit | Missing Property Tax Cert | Missing Property Tax Cert | Document Uploaded. ; Document Uploaded. | 09/25/2025 | Tax cert provided, exception resolved. ; Property Tax Cert Provided; Invalid document. Tax Cert received is for loan #XXX in the name of XXX of XXX in XXX. | 09/26/2025 | Borrower has stable job time - Borrower has 4.11 years on job. D C A |
| &nbsp;&nbsp;&nbsp;398 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Curative | 09/11/2025 | Resolved | FCRE1161 | Credit | Flood Certificate Missing | Missing Flood Certificate | Document Uploaded. ; Document Uploaded. | 09/25/2025 | Flood cert provided, exception resolved. ; Flood Certificate is fully present; Invalid document. Flood Cert received is for loan #XXX in the name of XXX of XXX in XXX.; Missing Flood Certificate | 09/26/2025 | Borrower has stable job time - Borrower has 4.11 years on job. D C A |
| &nbsp;&nbsp;&nbsp;398 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Curative | 09/11/2025 | Resolved | FCOM1229 | Credit | 1-4 Family Rider is Missing | 1-4 Family Rider is Missing. All Riders Required. | Document Uploaded. ; Document Uploaded. | 09/25/2025 | Riders provided, exception resolved. ; The 1-4 Family Rider is Present; Invalid document. Document received is not 1-4 Family Rider, it is Deed of Trust for loan #XXX in the name of XXX of XXX in XXX. | 09/26/2025 | Borrower has stable job time - Borrower has 4.11 years on job. D C A |
| &nbsp;&nbsp;&nbsp;398 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Curative | 09/12/2025 | Resolved | FCRE1241 | Credit | Purchase Contract is Missing | Loan Purpose is Purchase but Purchase Contract Doc is Missing | Document Uploaded. ; Document Uploaded. | 09/25/2025 | Purchase contract provided, exception resolved. ; Purchase Contract Doc is not Missing, or is Not Applicable.; Invalid document. Purchase Contract received is for loan #XXX in the name of XXX of XXX in XXX. | 09/26/2025 | Borrower has stable job time - Borrower has 4.11 years on job. D C A |
| &nbsp;&nbsp;&nbsp;398 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Curative | 09/11/2025 | Resolved | FCRE1157 | Credit | Hazard Insurance Policy is Missing | Missing Hazard Insurance Policy Hazard Insurance Policy missing | Document Uploaded. | 09/18/2025 | Hazard Insurance Policy is fully present | 09/26/2025 | Borrower has stable job time - Borrower has 4.11 years on job. D C A |
| &nbsp;&nbsp;&nbsp;398 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Curative | 09/26/2025 | Open | FCRE1447 | Credit | Asset 5 Expired | Asset 5 Expired |  |  |  | 09/26/2025 | Borrower has stable job time - Borrower has 4.11 years on job. D C A |
| &nbsp;&nbsp;&nbsp;398 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Curative | 09/26/2025 | Open | FCOM3666 | Compliance | Loan Originator NMLS Status is Not Active | A search of the NMLS Consumer Access website shows that the loan originator did not have a valid Texas license as of the Note date. Last status date was 4/23/2024 with a renewed through date of 2024. Please provide evidence of a valid license. |  |  |  | 09/26/2025 | Borrower has stable job time - Borrower has 4.11 years on job. D C A |
| &nbsp;&nbsp;&nbsp;392 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 29.37 years on job. A |
| &nbsp;&nbsp;&nbsp;392 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 29.37 years on job. A |
| &nbsp;&nbsp;&nbsp;392 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 29.37 years on job. A |
| &nbsp;&nbsp;&nbsp;126 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;126 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;128 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Acknowledged | FPRO2924 | Property | Property Inspection Waiver Used at Origination | Property Inspection Waiver or Appraisal Waiver used as origination valuation product. The subject loan was approved with a PIW. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 25.86 years on job. B A |
| &nbsp;&nbsp;&nbsp;128 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 25.86 years on job. B A |
| &nbsp;&nbsp;&nbsp;128 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 25.86 years on job. B A |
| &nbsp;&nbsp;&nbsp;728 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Need property taxes, Property Insurance , HOA for primary property | Document Uploaded. See attached documents to support the new primary that had not yet closed at the time of our transaction. | 09/29/2025 | Documents verifying the PITIA on the new primary were in the file, exception resolved. | 09/30/2025 | Borrower has stable job time - Borrower has 13.45 years on job. D A |
| &nbsp;&nbsp;&nbsp;728 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FPRO1500 | Property | HOA Questionnaire is Missing | HOA Questionnaire Missing HOA Questionnaire Missing | Document Uploaded. FNMA approved CPM project ID XXX in file in lieu of the questionnaire. Doc uploaded - was in original submission | 09/19/2025 | Documentation is sufficient. Property is established condo. Exception rescinded.; HOA Questionnaire Provided | 09/20/2025 | D A |
| &nbsp;&nbsp;&nbsp;139 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Missing tax bills and HOI premiums for XXX | Document Uploaded. Taxes for XXX in file for $XXX a year or $XXX a month, Insurance in file is $2,926 a year or $243.83 a month, and HOA in file is $0 totaling $559.57 matching the FInal 1003. See attachment. | 09/18/2025 | ; Updated taxes and HOI | 09/18/2025 | D A |
| &nbsp;&nbsp;&nbsp;139 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Missing Business Purpose Affidavit/Disclosure |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | D A |
| &nbsp;&nbsp;&nbsp;139 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | D A |
| &nbsp;&nbsp;&nbsp;687 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Business purpose affidavit/disclosure was not provided for review |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;687 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;144 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Curative | 09/05/2025 | Resolved | FCRE1964 | Credit | Missing income documentation | AUS requesting statement from organization providing the income Per letter statements not provided but snap shots were included with the letter. Auditor could not locate. Please provide. | Document Uploaded. | 09/29/2025 | Income and debts recalculated, DTI meets DU. Exception resolved. | 09/29/2025 | Borrower has stable job time - Borrower has 7.08 years on job. D A |
| &nbsp;&nbsp;&nbsp;144 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Curative | 09/05/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 107.05% exceeds AUS DTI of 41.13% Auditor had to include Schedule C loss 2023 borrwer stated still employed and 3rd party verification was done. Also auditor included full piti for XXX due to daughter missed a few deposits into borrower's account for mortgage payments. Provide documentation to support 12 months of consistent deposits into borrower's account for mortgage payments. Also provide 2024 1Schedule E and 1040's reflecting current income status of Schedule C business. For this reason dti is above tolerance. | Document Uploaded. REO XXX is being paid by co-owner XXX whos the borrowers XXX. There is 12 month statements from XXX from XXX bank account x XXX dated from April 2024 thru March of 2025.<br> REO XXX are co-owned with borrowers XXX and XXX. There is 12 month statements from XXX from XXX bank acct # XXX covering May of 2024 thru April of 2025(12 mos) | 09/29/2025 | Audited DTI of 42.47% is less than or equal to AUS DTI of 41.13%; Audited DTI of 42.08% is less than or equal to AUS DTI of 41.13% | 09/29/2025 | Borrower has stable job time - Borrower has 7.08 years on job. D A C |
| &nbsp;&nbsp;&nbsp;144 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Curative | 09/04/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | D A |
| &nbsp;&nbsp;&nbsp;144 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Curative | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 7.08 years on job. D A |
| &nbsp;&nbsp;&nbsp;135 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Curative | 09/04/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | The final application indicates the Borrower's primary residence on XXX has an HOA fee of $491/month. Please provide verification of the monthly HOA dues. | Document Uploaded. | 09/29/2025 | Verification of HOA dues provided, exception resolved. | 09/30/2025 | Borrower has stable job time - Borrower has 21.79 years on job. D A B |
| &nbsp;&nbsp;&nbsp;135 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Curative | 09/05/2025 | Acknowledged | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing Required Affiliated Business Disclosure Missing |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 21.79 years on job. D B A |
| &nbsp;&nbsp;&nbsp;135 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Curative | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 21.79 years on job. D A B |
| &nbsp;&nbsp;&nbsp;135 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Curative | 09/04/2025 | Open | FCRE7495 | Credit | Verification of Borrower Liabilities Missing or Incomplete | The Credit Report indicates an open HELOC account #XXX with XXX and with $0.00 balance. Condition #25 of the DU requires the HELOC be disclosed on the loan application. The loan application indicates a XXX revolving account # XXX) with a $50 balance. Please provide verification of the XXX account XXX with the balance and monthly payment. | As this is a zero balance HELOC on the primary residence XXX, there is no impact to DTI or LTV/CLTV. Please advise if this citation can be waived. | 09/29/2025 | If the OCR is correct, and the XXX HELOC #XXX has a $0 balance, then please provide a corrected final 1003 with the debt removed from the liabilities section. | 09/30/2025 | Borrower has stable job time - Borrower has 21.79 years on job. D A B |
| &nbsp;&nbsp;&nbsp;25 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ID | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 21.33 years on job.<br> Borrower has stable job time - Borrower has 21.33 years on job.<br> A |
| &nbsp;&nbsp;&nbsp;25 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ID | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 21.33 years on job.<br> Borrower has stable job time - Borrower has 21.33 years on job.<br> A |
| &nbsp;&nbsp;&nbsp;472 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 20.18 years on job. A |
| &nbsp;&nbsp;&nbsp;472 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 20.18 years on job. A |
| &nbsp;&nbsp;&nbsp;394 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCOM1227 | Credit | PUD Rider is Missing | PUD Rider is Missing Property is identified as a PUD on appraisal. The Deed of Trust does not show PUD and a PUD Rider was not provided. Please verify property type and provide the PUD Rider (if applicable). | Document Uploaded. | 09/29/2025 | PUD rider provided, exception resolved. ; The PUD Rider is Present or is Not Applicable (Property Type is PUD) | 09/30/2025 | Borrower has stable job time - Borrower has 17.77 years on job. D A |
| &nbsp;&nbsp;&nbsp;394 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Please provide the Business Purpose Affidavit/Disclosure. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | D A |
| &nbsp;&nbsp;&nbsp;394 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 17.77 years on job. D A |
| &nbsp;&nbsp;&nbsp;81 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing The Business Purpose Affidavit/disclosure was missing from loan file. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;81 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 6.06 years on job. A |
| &nbsp;&nbsp;&nbsp;637 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE0377 | Credit | The Total Hazard Coverage is LESS than the Required Coverage Amount | The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). Subject HOI cov A XXX + 25% extended cov A = XXX. Loan amount is XXX x 80% = XXX. Please provide proof of additional coverage for dwelling. | Document Uploaded. | 09/24/2025 | RCE provided, coverage is sufficient. Exception resolved.; The Total Hazard Coverage is greater than or equal to the Required Coverage Amount | 09/24/2025 | Borrower has stable job time - Borrower has 14.21 years on job. C A |
| &nbsp;&nbsp;&nbsp;637 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;637 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 14.21 years on job. C A |
| &nbsp;&nbsp;&nbsp;404 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MI | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 47.53% exceeds AUS DTI of 29.82% The AUS DTI does not include the subject PITI of $2,756.92 (or $2,066.17 after the rental income is included). The liabilities from the credit report of $144, the investment property PITI of $3, 3334.59, total $5,544.76, resulting in a DTI of 47.53%. | Document Uploaded. ; Document Uploaded. I re-reviewed the file and my DTI is 39.96%. If you agree with this, I will ask the lender to provide a revised 1008, 1003 and AUS. Thanks!<br> Subject: XXX $-1184.05<br> Using Schedule E and PITI $2756.92<br> Primary: XXX $0 (not obligated on the note)<br> REO: XXX $-3333.34<br> Credit: $144<br> Total: $4661.39 / $11666 = 39.96; Document Uploaded. Borrower is not obligated on the mortgage for XXX, therefore expenses aren't included in the DTI. | 09/30/2025 | Revised 1008, 1003 & DU findings provided reflecting DTI of 39.96%. Audit DTI meets DU, exception resolved. ; Audited DTI of 39.76% is less than or equal to AUS DTI of 39.96%; Audit agrees with income of $11,666, OCR debts of $144, and rent loss of -$3,333.34 for XXX. Audit has calculated rent loss for the subject (XXX) of -$1,161.20 vs. -$1,184.05. The discrepancy appears to stem from the fair rental days used (152 days vs. 158 days) and the adjusted monthly rental income used ($1,572.87 on lender's calculator vs. $1,595.72 on Audit's calculator). Audit is calculating a revised DTI of 39.76%. Please provide the revised final 1003, 1008 and DU findings. ; Audited DTI of 39.76% exceeds AUS DTI of 29.82%; Audited DTI of 47.53% exceeds AUS DTI of 29.82% | 10/01/2025 | C A |
| &nbsp;&nbsp;&nbsp;404 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MI | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE4165 | Credit | Employment Gaps in Employment Without Sufficient Explanation | The Borrower has a gap in employment from 08/23/2024 to 03/24/2025, as indicated on the Final 1003 and verbal verification of employment. Please provide a letter of explanation to the Borrower's gap in employment. | FNMA and FHLMC do not require gap letters. that's typically only required in government loans. | 09/18/2025 | Not required | 09/19/2025 | C A |
| &nbsp;&nbsp;&nbsp;404 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MI | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE0377 | Credit | The Total Hazard Coverage is LESS than the Required Coverage Amount | The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). The subject's replacement cost estimate is $XXX (80% of the total estimate cost-new, per the appraisal). As a result, the hazard insurance dwelling coverage of $XXX is insufficient. | Document Uploaded. Appraisal can't be the source for the estimated replacement cost. The policy in file is $XXX. The insurance carrier provided confirmation that the policy is 100% replacement cost. See attachment. | 09/18/2025 | The Total Hazard Coverage is greater than or equal to the Required Coverage Amount; update HOI with 100% replacement cost. | 09/18/2025 | C A |
| &nbsp;&nbsp;&nbsp;404 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MI | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Business Purpose Affidavit/Disclosure is missing from the file. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;404 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MI | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | C A |
| &nbsp;&nbsp;&nbsp;404 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MI | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | C A |
| &nbsp;&nbsp;&nbsp;376 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;376 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 9.68 years on job. A |
| &nbsp;&nbsp;&nbsp;715 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Acknowledged | FCOM3592 | Credit | Missing Taxpayer First Act Disclosure | Taxpayer First Act Disclosure is missing. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 797 is greater than Guideline minimum FICO of 660 B A |
| &nbsp;&nbsp;&nbsp;715 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE0377 | Credit | The Total Hazard Coverage is LESS than the Required Coverage Amount | The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). hazard insurance required $XXX, only $XXX available in coverage | Document Uploaded. Hazard policy has to be greater than the loan amount OR guaranteed replacement OR equalto or greater than the estimator. Hazard Insurance policy is $XXX. Replacement Cost Estimator is $XXX. Sufficient coverage. See attachments. | 09/17/2025 | Documentation is sufficient. Hazard coverage is adequate. Exception rescinded.; The Total Hazard Coverage is greater than or equal to the Required Coverage Amount | 09/19/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 797 is greater than Guideline minimum FICO of 660 B A |
| &nbsp;&nbsp;&nbsp;715 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 797 is greater than Guideline minimum FICO of 660 B A |
| &nbsp;&nbsp;&nbsp;1037 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Missing Business Purpose Affidavit/Disclosure |  |  | Rescinded C/O refinance out of scope. | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;1037 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Open | FPRO9990 | Property | Third Party Valuation Product Not Provided within 10% Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. Collateral R&W Relief Not Eligible | Desk review provided did not support original appraised value. 2055 ordered. | 09/25/2025 | Third Party Valuation Product Not Provided or Not Provided Within Tolerance.; Document Uploaded. ; Third Party Valuation Product Not Provided or Not Provided Within Tolerance.; | 09/25/2025 | Borrower has stable job time - Borrower has 18.23 years on job. C A |
| &nbsp;&nbsp;&nbsp;105 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ID | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Acknowledged | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing Documentation required to clear exception: Required Affiliated Business Disclosure Missing. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 2.94 years on job. B A |
| &nbsp;&nbsp;&nbsp;105 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ID | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 2.94 years on job. B A |
| &nbsp;&nbsp;&nbsp;105 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ID | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 2.94 years on job. B A |
| &nbsp;&nbsp;&nbsp;393 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ID | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;393 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ID | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;730 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | KY | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Acknowledged | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing Documentation Required- Affiliated Business Disclosure |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 9.46 years on job. B A |
| &nbsp;&nbsp;&nbsp;730 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | KY | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 9.46 years on job. B A |
| &nbsp;&nbsp;&nbsp;730 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | KY | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 9.46 years on job. B A |
| &nbsp;&nbsp;&nbsp;92 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing The Business Purpose Affidavit was not in file at the time of review. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;92 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;92 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;95 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE1437 | Credit | Income and Employment Do Not Meet Guidelines | Income and Employment Do Not Meet Guidelines The borrower stated being self employed/owning more than 25% and there is no taxes. It looks like the original UW used the VOE but Fannie Mae guidelines state we need the business/personal taxes if they are self-employed. | Document Uploaded. Borrower stated on the Final 1003 that they own LESS than 25% of the company. Tax Returns not required. See attachment. | 09/17/2025 | ; Income and Employment Meet Guidelines | 09/22/2025 | A |
| &nbsp;&nbsp;&nbsp;95 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | No property findings. Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 5.62 years on job. A |
| &nbsp;&nbsp;&nbsp;113 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE2009 | Credit | Rent Loss Insurance Missing | Missing rent loss insurance coverage Proof of rent loss insurance needed |  |  | adequate reserves to cover rent loss; Rent Loss Coverage Present | 09/19/2025 | Borrower has stable job time - Borrower has 3.14 years on job. D A |
| &nbsp;&nbsp;&nbsp;113 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE3843 | Credit | Guideline Seasoning not Met | The required number of months reserves are to be seasoned does not meet Guideline requirement. Assets/bank statements not available to verify | Document Uploaded. All assets are coming from a tax exchange of XXX. Please see attached. | 09/18/2025 | The required number of months reserves are to be seasoned does meet Guideline requirement.; Tax exchange documents provided to confirm assets source. | 09/19/2025 | Borrower has stable job time - Borrower has 3.14 years on job. D A |
| &nbsp;&nbsp;&nbsp;113 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE1491 | Credit | Asset Qualification Does Not Meet Guideline Requirements | Asset Qualification Does Not Meet Guideline Requirements Assets/bank statements not available to verify |  |  | Asset Qualification Meets Guideline Requirements | 09/19/2025 | Borrower has stable job time - Borrower has 3.14 years on job. D A C |
| &nbsp;&nbsp;&nbsp;113 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE0382 | Credit | Assets do not meet guideline requirements | When the Total Qualified Asset Post Close field contains a negative value, the required assets do not meet guidelines. Assets/bank statements not available to verify |  |  | Funds are found to meet guidelines. | 09/19/2025 | Borrower has stable job time - Borrower has 3.14 years on job. D A C |
| &nbsp;&nbsp;&nbsp;113 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE1191 | Credit | Audited Reserves are less than AUS Required Reserves (Dollar Amount) | Audited Reserves of $0 are less than AUS Required Reserves of $61642.49 |  |  | Audited Reserves of $418261.72 are equal to or greater than AUS Required Reserves of $61642.49 | 09/19/2025 | Borrower has stable job time - Borrower has 3.14 years on job. D A C |
| &nbsp;&nbsp;&nbsp;113 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE1192 | Credit | Audited Reserves are less than AUS Required Reserves (Number of Months) | Audited Reserves of 0 month(s) are less than AUS Required Reserves of 117 month(s) |  |  | Audited Reserves of 179.28 month(s) are greater than or equal to AUS Required Reserves of 117 month(s) | 09/19/2025 | Borrower has stable job time - Borrower has 3.14 years on job. D A C |
| &nbsp;&nbsp;&nbsp;113 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | D A |
| &nbsp;&nbsp;&nbsp;113 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 3.14 years on job. D A |
| &nbsp;&nbsp;&nbsp;226 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IA | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE9814 | Credit | Missing Trust Agreement | Missing Trust Agreement Trust cert in file is not fully executed | Document Uploaded. Revocable Trust is in file and fully executed on pages 19, 20, & 24. See attachment. | 09/18/2025 | Trust Agreement Meets Guideline Requirements | 09/18/2025 | Borrower has stable job time - Borrower has 18.56 years on job. D A |
| &nbsp;&nbsp;&nbsp;226 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IA | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations-related findings were not identified on the subject loan Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 18.56 years on job. D A |

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| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;198 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 14.95 years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of 22.26% is less than Guideline DTI of 38.73%<br> A |
| &nbsp;&nbsp;&nbsp;198 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 14.95 years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of 22.26% is less than Guideline DTI of 38.73%<br> A |
| &nbsp;&nbsp;&nbsp;89 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;89 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;383 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/06/2025 | Rescinded | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Missing verification of HOA for primary residence XXX | Document Uploaded. HOA document in file. $780 annually which is $65 a month. See attachment. | 09/17/2025 | ; HOA Statement for XXX in image file. | 09/18/2025 | A |
| &nbsp;&nbsp;&nbsp;383 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE0377 | Credit | The Total Hazard Coverage is LESS than the Required Coverage Amount | The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). | Document Uploaded. Hazard insurance is $XXX + extended amount of $75,000 = $XXX. When coverage is less than the loan amount, the insurance company has to provide an estimator OR a letter stating the estimated cost to rebuild OR confirm 100% coverage. The insurance company provided a Replacement Cost Estimator of $XXX. Sufficient coverage. see attachment. | 09/17/2025 | RCE in file that is sufficient to cover loan.; The Total Hazard Coverage is greater than or equal to the Required Coverage Amount | 09/18/2025 | A |
| &nbsp;&nbsp;&nbsp;383 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/06/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 13.45 years on job. A |
| &nbsp;&nbsp;&nbsp;8 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Investment properties for a BP loan require a Business Purpose Affidavit/Disclosure that was not provided in the file for review |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;8 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;720 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 3.71 years on job. A |
| &nbsp;&nbsp;&nbsp;720 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 3.71 years on job. A |
| &nbsp;&nbsp;&nbsp;362 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IL | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;362 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IL | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 2.78 years on job. A |
| &nbsp;&nbsp;&nbsp;274 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IN | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 9.87 years on job. A |
| &nbsp;&nbsp;&nbsp;274 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IN | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 9.87 years on job. A |
| &nbsp;&nbsp;&nbsp;274 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IN | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 9.87 years on job. A |
| &nbsp;&nbsp;&nbsp;651 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;651 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;91 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Lender to provide Business Purpose Affidavit executed by borrower. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;91 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 2.88 years on job. A |
| &nbsp;&nbsp;&nbsp;505 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO1500 | Property | HOA Questionnaire is Missing | HOA Questionnaire Missing | Document Uploaded. Subject property is a detached condo. Detached condos are exempt from review. Therefore a questionnaire is not required. See attachment. | 09/18/2025 | HOA Questionnaire Provided; Appraisal reflects subject is a detached condo | 09/19/2025 | D A |
| &nbsp;&nbsp;&nbsp;505 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO0951 | Property | Condo Approval Missing | Condo Approval Missing. Provide Condo Approval or Waiver |  |  | Condo Approval is provided. | 09/18/2025 | D A B |
| &nbsp;&nbsp;&nbsp;505 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Provide Business Purpose Disclosure executed by both borrowers |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | D A |
| &nbsp;&nbsp;&nbsp;364 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FCRE1316 | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing | Document Uploaded. Note is dated XXX. VOE in file is dated XXX which is days 10 days. See attachment. | 09/18/2025 | Documentation is sufficient. VOE provided. Exception resolved.; Borrower 1 3rd Party VOE Prior to Close Was Provided; Updated VOE | 09/19/2025 | D A |
| &nbsp;&nbsp;&nbsp;364 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | D A |
| &nbsp;&nbsp;&nbsp;364 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | D A |
| &nbsp;&nbsp;&nbsp;293 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Business Purpose Affidavit missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;293 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;87 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE1152 | Credit | Evidence of Property Tax Missing | Lender has taxes as XXX, per tax doc it's XXX, Need update property tax | The tax amount has decreased, thus the DTi has decreased from 40.25% to 39.87%. A rerun is not needed. | 09/18/2025 |  |  | A |
| &nbsp;&nbsp;&nbsp;87 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;87 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 20.32 years on job. A |
| &nbsp;&nbsp;&nbsp;110 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | DE | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 2.96 years on job. A |
| &nbsp;&nbsp;&nbsp;110 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | DE | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 2.96 years on job. A |
| &nbsp;&nbsp;&nbsp;104 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Curative | 09/05/2025 | Rescinded | FCRE1324 | Credit | Borrower 1 Tax Returns Not Signed | Borrower 1 Tax Returns Not Signed Tax return is not signed | Document Uploaded. Invalid - Page 283 has 2024 executed business return incorporated 12/23/2011. Pag 51 DU requires most recent 1 year returns as business exceeds 5 years in existence. Doc uploaded. | 09/19/2025 | Documentation is sufficient. Signed return in file. Exception rescinded.; Borrower 1 Tax Returns Are Signed | 09/20/2025 | D A |
| &nbsp;&nbsp;&nbsp;104 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Curative | 09/05/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Business Purpose affidavit was not in file at the time of review |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | D A |
| &nbsp;&nbsp;&nbsp;104 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Curative | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 13.49 years on job. D A |
| &nbsp;&nbsp;&nbsp;104 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Curative | 09/05/2025 | Open | FCRE1158 | Credit | Hazard Insurance Policy is Partial | Hazard Insurance Policy Partially Provided HOI policy is reporting the wrong address XXX, should be XXX. Need clarification if it was incorrectly reported. |  |  |  |  | Borrower has stable job time - Borrower has 13.49 years on job. D A |
| &nbsp;&nbsp;&nbsp;873 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 3.52 years on job. A |
| &nbsp;&nbsp;&nbsp;873 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 3.52 years on job. A |
| &nbsp;&nbsp;&nbsp;410 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NM | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Acknowledged | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Document Required: Missing evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 2.97 years on job. B A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;410 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NM | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 2.97 years on job. B A |
| &nbsp;&nbsp;&nbsp;410 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NM | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 2.97 years on job. B A |
| &nbsp;&nbsp;&nbsp;411 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE2900 | Credit | Borrower Non-US Citizen Identification Document Missing | Non US Citizen Borrower is missing Identification Document. I do not see any NON Citizen Borrower identification in the file for BR1 & B2. I only see the ITIN request. | Document Uploaded. I-797A forms are both in file showing both borrowers have been approved and both expire 11/24/26. See attachments | 09/17/2025 | Borrower Identification Document provided. | 09/19/2025 | Borrower has stable job time - Borrower has 2.15 years on job. D A |
| &nbsp;&nbsp;&nbsp;411 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | D A |
| &nbsp;&nbsp;&nbsp;411 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 2.15 years on job. D A |
| &nbsp;&nbsp;&nbsp;886 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Rescinded | FCRE1253 | Credit | Missing Property Tax Cert | Missing Property Tax Cert Title does not reflect assessed taxes as too new; Property Tax Cert appears to be missing so this is valid. | Invalid - Taxes are noted on the Prelim stating - Note: 2024 XXX Taxes show PAID in the amount of $XXX for Tax Identification No. XXX. The assessed value is $XXX - In addition improved tax amount is on the Consumer Disclosure for voluntary Escrow Account payment - all documents provided in file | 09/19/2025 | Documentation is sufficient. Tax amount is on CD. Exception rescinded.; Property Tax Cert Provided | 09/20/2025 | A |
| &nbsp;&nbsp;&nbsp;886 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 37.98 years on job. A |
| &nbsp;&nbsp;&nbsp;886 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 37.98 years on job. A |
| &nbsp;&nbsp;&nbsp;303 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 5.68 years on job. A |
| &nbsp;&nbsp;&nbsp;303 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 5.68 years on job. A |
| &nbsp;&nbsp;&nbsp;288 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 3.67 years on job. A |
| &nbsp;&nbsp;&nbsp;288 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 3.67 years on job. A |
| &nbsp;&nbsp;&nbsp;288 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 3.67 years on job. A |
| &nbsp;&nbsp;&nbsp;735 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 3.24 years on job. A |
| &nbsp;&nbsp;&nbsp;735 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 3.24 years on job. A |
| &nbsp;&nbsp;&nbsp;735 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 3.24 years on job. A |
| &nbsp;&nbsp;&nbsp;801 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MD | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Acknowledged | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). The Appraisal/Valuation Acknowledgment disclosure does not specify if the borrower waived the 3 day waiting period or if they received a copy a minimum of 3 business days prior to closing. Provide evidence confirming when the borrower received the report and the waiver if applicable. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 18.53 years on job. B A |
| &nbsp;&nbsp;&nbsp;801 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MD | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 18.53 years on job. B A |
| &nbsp;&nbsp;&nbsp;801 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MD | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 18.53 years on job. B A |
| &nbsp;&nbsp;&nbsp;965 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Acknowledged | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Provide evidence the borrower received the report a minimum of 3 business days prior to closing. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 10.04 years on job. B A |
| &nbsp;&nbsp;&nbsp;965 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Acknowledged | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing The Privacy Disclosure doesn't confirm XXX doesn't have any affiliates. Please provide the Affiliated Business disclosure dated within 3 business days of application XXX |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 10.04 years on job. B A |
| &nbsp;&nbsp;&nbsp;965 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 10.04 years on job. B A |
| &nbsp;&nbsp;&nbsp;292 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE1322 | Credit | Borrower 1 Business Tax Returns Missing | Borrower 1 Business Tax Returns Missing Missing K-1 and S-Corp Business Tax Returns for XXX listed on Schedule E of personal tax returns. This income is listed as a $21,216 annual loss against the income the borrower earns through employment. Need the business returns to accurately calculate the correct loss to be applied. | Document Uploaded. Per FHLMC 5304.1, Self-employment income not used for qualification,<br> The Seller is not required to obtain any additional documentation or evaluate the income or loss from the self-employment for each Borrower on the Mortgage who:<br> - Has a primary source of income, other than self-employment, used for qualifying for the Mortgage (e.g., salaried income from primary employment), and | 09/26/2025 | Self-employment losses are not required to be considered when self-employment income is the not the primary source of income and is not being used to qualify. Business tax returns are not required, exception resolved. ; Borrower 1 Business Tax Returns Provided; Borrower 1 Business Tax Returns Missing | 09/29/2025 | Borrower has stable job time - Borrower has 9.76 years on job. D A |
| &nbsp;&nbsp;&nbsp;292 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 42.28% exceeds AUS DTI of 38% Three investment properties (XXX, XXX and XXX) were not listed on Final 1003; however, documentation in file exists in regards to expenses and rental income on Schedule E. They were added to the income and loss calculations during audit. A S Corp loss of over $1,700 per month is showing on 2024 Schedule E and this was included in audit income calculations. Please provide business tax returns so that the income calculations can be updated to reflect the correct information. |  |  | Audited DTI of 38.03% is less than or equal to AUS DTI of 38% | 09/29/2025 | Borrower has stable job time - Borrower has 9.76 years on job. D A C |
| &nbsp;&nbsp;&nbsp;292 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 9.76 years on job. D A |
| &nbsp;&nbsp;&nbsp;287 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MO | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | The Primary residence hazard dec page reflects a mortgagee clause. The credit report reflects the mortgager with a DLA as of 1.2025. Provide documentation to confirm there are no open mortgage liens associated with the primary residence. | Document Uploaded. Per Credit Report, the DLA and closed date is XXX. Policy is dated 9/30/24 - 9/30/25. Loan closed mid policy term. No update required. Also, report in file shows no liens. See attachment. | 09/18/2025 | Credit report reflects no open mortgages. | 09/18/2025 | D A |
| &nbsp;&nbsp;&nbsp;287 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MO | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | D A |
| &nbsp;&nbsp;&nbsp;1047 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NM | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing please provide executed business purpose/affidavit |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;1047 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NM | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;631 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IL | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO1500 | Property | HOA Questionnaire is Missing | HOA Questionnaire Missing As per FNMA GLs a HOA Questionnaire is required for Condo property was not provided | Document Uploaded. This Condo had a CPM provided with the status of Fannie Mae Approved. When Fannie Mae Approved, the questionnaire is not required. Fannie Mae approval expires 6/14/27. See attachment. | 09/17/2025 | HOA Questionnaire Provided | 09/18/2025 | Borrower has stable job time - Borrower has 30.99 years on job. D A |
| &nbsp;&nbsp;&nbsp;631 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IL | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 30.99 years on job. D A |
| &nbsp;&nbsp;&nbsp;294 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 11.25 years on job. A |
| &nbsp;&nbsp;&nbsp;473 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;473 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;805 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WV | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE1293 | Credit | Income 2 Months Income Verified is Missing | Income 2 Months Income Verified is Missing B2 IS NOT EMPLOYEED | Please clarify. XXX is self-employed and tax returns are in the file. XXX is not employed so will have to income documentation | 09/18/2025 | B1's 2nd income, investment property; Income 2 Months Income Verified is Present Or Not Applicable | 09/19/2025 | Borrower has stable job time - Borrower has 6.44 years on job. C A |
| &nbsp;&nbsp;&nbsp;805 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WV | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;805 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WV | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 6.44 years on job. C A |
| &nbsp;&nbsp;&nbsp;188 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MI | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE1292 | Credit | Income 1 Months Income Verified is Missing | Income 1 Months Income Verified is Missing Provide documentation to support $2000 monthly retirement income. | Document Uploaded. | 09/18/2025 | Income 1 Months Income Verified is Present Or Not Applicable; Pension account provided | 09/19/2025 | C A |
| &nbsp;&nbsp;&nbsp;188 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MI | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Provide Business Purpose Disclosure executed by both borrowers |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;188 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MI | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;447 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 10.33 years on job. A |
| &nbsp;&nbsp;&nbsp;447 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 10.33 years on job. A |
| &nbsp;&nbsp;&nbsp;179 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE1152 | Credit | Evidence of Property Tax Missing | Missing tax billing stmt for XXX | Document Uploaded. XXX taxes are in file at $XXX a year or $XXX a month. Taxes $XXX + Insurance $224 + HOA $20.83 = $505.58 aligning with the AUS & 1003. See attachment. | 09/18/2025 | Property tax statement updated; Property tax statement updated | 09/18/2025 | Borrower has stable job time - Borrower has 2.13 years on job. D A |
| &nbsp;&nbsp;&nbsp;179 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 2.13 years on job. D A |
| &nbsp;&nbsp;&nbsp;639 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | No Compliance Findings The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 6.16 years on job. A |
| &nbsp;&nbsp;&nbsp;639 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 6.16 years on job. A |
| &nbsp;&nbsp;&nbsp;639 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 6.16 years on job. A |
| &nbsp;&nbsp;&nbsp;193 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Lender to provide Business Purpose Affidavit executed by the borrower. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;193 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 5.26 years on job. A |
| &nbsp;&nbsp;&nbsp;281 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE0386 | Credit | Borrower 1 Photo Identification not provided | Borrower 1 Photo Identification not provided. Provide photo identification document | Document Uploaded. | 09/26/2025 | IDs provided for both borrowers, exception resolved. ; Photo Identification provided. | 09/29/2025 | Borrower has stable job time - Borrower has 13.09 years on job. D A |
| &nbsp;&nbsp;&nbsp;281 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE0387 | Credit | Borrower 2 Photo Identification not provided | Borrower 2 Photo Identification not provided. Provide photo identification document or Patriot Act |  |  | Photo Identification provided. | 09/29/2025 | Borrower has stable job time - Borrower has 13.09 years on job. D A |
| &nbsp;&nbsp;&nbsp;281 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE1316 | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing Provide 3rd party VOE for borrower or CPA letter | Document Uploaded. Invalid - CPA letter confirming business open & operating pg 187. CPA matches business tax returns Also in addition pg 466 -474 verification of business address & phone number dated XXX. | 09/18/2025 | Borrower 1 3rd Party VOE Prior to Close Was Provided | 09/18/2025 | Borrower has stable job time - Borrower has 13.09 years on job. D A |
| &nbsp;&nbsp;&nbsp;281 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE1347 | Credit | Borrower 2 3rd Party VOE Prior to Close Missing | Borrower 2 3rd Party VOE Prior to Close Missing Provide 3rd party VOE for borrower or CPA letter | Document Uploaded. Invalid - CPA letter confirming business open & operating pg 187. CPA matches business tax returns Also in addition pg 466 -474 verification of business address & phone number dated XXX. | 09/18/2025 | Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals 2); Borrower 2 3rd Party VOE Prior to Close Missing | 09/18/2025 | Borrower has stable job time - Borrower has 13.09 years on job. D A |
| &nbsp;&nbsp;&nbsp;281 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Provide Business Purpose Disclosure executed by both borrowers |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | D A |
| &nbsp;&nbsp;&nbsp;281 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 13.09 years on job. D A |
| &nbsp;&nbsp;&nbsp;176 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | The final application reflects additional premium of $666.58 per month on the primary residence. The final application indicates an additional Supplemental property Insurance payment of $616.58. For qualifying purposes audit used the higher amount of $666.58. Provide documentation to support this premium and/or provide correct application and 1008. | The audited amount is $666.58 minus the qualified amount $616.58 = $50. If added to the liabilities the DTI is 35.78% which is within tolerance. | 09/19/2025 | Documentation is sufficient. LOE provided. Exception resolved. | 09/21/2025 | Borrower has stable job time - Borrower has 2.3 years on job. D A |
| &nbsp;&nbsp;&nbsp;176 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 2.3 years on job. D A |
| &nbsp;&nbsp;&nbsp;176 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 2.3 years on job. D A |
| &nbsp;&nbsp;&nbsp;98 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Curative | 09/05/2025 | Acknowledged | FCRE1148 | Credit | Title Coverage is Less than Subject Lien | Title Coverage Amount of $XXX is Less than Total Amount of Subject Lien $XXX Title Coverage Amount of $XXX is Less than Total Amount of Subject Lien $XXX |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | D C B A |
| &nbsp;&nbsp;&nbsp;98 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Curative | 09/05/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 58.4% exceeds AUS DTI of 46.81% Need leases to calculate correct income | The rental properties are listed on the Schedule E so leases are not required. The DTI should be back in line. Thanks! | 09/19/2025 | Documentation is sufficient. Income verified with tax returns. Exception resolved.; Audited DTI of 44.14% is less than or equal to AUS DTI of 46.81% | 09/20/2025 | D C A |
| &nbsp;&nbsp;&nbsp;98 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Curative | 09/05/2025 | Resolved | FCRE7347 | Credit | Missing Lease Agreement | Missing lease agreements | Document Uploaded. The borrower owns multiple investment properties. All properties are listed on the Schedule on page 149-151 of the ICP. Leases are not required. | 09/18/2025 | Lease agreement not required - schedule C in loan file. | 09/18/2025 | D C A |
| &nbsp;&nbsp;&nbsp;98 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Curative | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | D C A |
| &nbsp;&nbsp;&nbsp;98 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Curative | 09/08/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | D C A |
| &nbsp;&nbsp;&nbsp;98 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Curative | 09/05/2025 | Open | FCRE0377 | Credit | The Total Hazard Coverage is LESS than the Required Coverage Amount | The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). |  |  |  |  | D C A |
| &nbsp;&nbsp;&nbsp;297 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Please provide Business Purpose affidavit/Disclosure |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;297 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 2.17 years on job. A |
| &nbsp;&nbsp;&nbsp;297 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 2.17 years on job. A |
| &nbsp;&nbsp;&nbsp;107 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE2500 | Credit | Missing Personal Guaranty | Missing Personal Guaranty. Personal Guaranty not in the file | I'm sorry, I've never been asked for this before. What is it that you're looking for? Thanks! | 09/18/2025 | ; Personal Guaranty provided. | 09/19/2025 | A |
| &nbsp;&nbsp;&nbsp;107 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Business purpose Affidavit not in file. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;107 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | No property findings Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 8.91 years on job. A |
| &nbsp;&nbsp;&nbsp;122 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MI | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;122 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MI | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;915 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | PA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE4104 | Credit | Missing explanation and supporting documentation for large deposit(s) | Need clarification of source of deposit: $26,679.55 (X2) with XXX #XXX on 7/17/25 which exceeds 50% of borrower's income. | Document Uploaded. Provided in original upload - large deposits came from certificate of deposits XXX bank ending in XXX and XXX | 09/19/2025 | Documentation is sufficient. CD statements provided. Exception resolved. | 09/20/2025 | Borrower has stable job time - Borrower has 7.01 years on job. D A |
| &nbsp;&nbsp;&nbsp;915 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | PA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing The Business Purpose Affidavit was not in file at the time of review. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | D A |
| &nbsp;&nbsp;&nbsp;915 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | PA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 7.01 years on job. D A |
| &nbsp;&nbsp;&nbsp;915 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | PA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 7.01 years on job. D A |
| &nbsp;&nbsp;&nbsp;634 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE1159 | Credit | Hazard Insurance Effective Date is after the Disbursement Date | Hazard Insurance Effective Date of XXX is after the Disbursement Date of XXX. | Document Uploaded. | 09/19/2025 | Documentation is sufficient. Post closing CD provided. Exception resolved. | 09/20/2025 | Borrower has stable job time - Borrower has 6.19 years on job. C A |
| &nbsp;&nbsp;&nbsp;634 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Provide Business Purpose Disclosure executed by both borrowers |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;634 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 6.19 years on job. C A |
| &nbsp;&nbsp;&nbsp;314 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IN | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 24.52 years on job. A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;314 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IN | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 24.52 years on job. A |
| &nbsp;&nbsp;&nbsp;332 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Acknowledged | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing Provide the Affiliated Business disclosure dated within 3 business days of application XXX. Per the Privacy Disclosure, DHI Mortgage has affiliates. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 39.1 years on job. B A |
| &nbsp;&nbsp;&nbsp;332 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 39.1 years on job. B A |
| &nbsp;&nbsp;&nbsp;332 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 39.1 years on job. B A |
| &nbsp;&nbsp;&nbsp;514 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Please provide the Business Purpose Affidavit/Disclosure |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;514 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 11.16 years on job. A |
| &nbsp;&nbsp;&nbsp;342 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Acknowledged | FCRE1183 | Credit | Approval/Underwriting Summary Partially Provided | Approval/Underwriting Summary Partially Provided. The document in file does not list all the debts |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 2.56 years on job. B A |
| &nbsp;&nbsp;&nbsp;342 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Acknowledged | FCOM3592 | Credit | Missing Taxpayer First Act Disclosure | Taxpayer First Act Disclosure is missing. This document is located in the file |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 2.56 years on job. B A |
| &nbsp;&nbsp;&nbsp;342 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing This document is not in the file |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | B A |
| &nbsp;&nbsp;&nbsp;342 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 2.56 years on job. B A |
| &nbsp;&nbsp;&nbsp;560 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | DE | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;560 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | DE | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;560 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | DE | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;495 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NV | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 26.92 years on job. A |
| &nbsp;&nbsp;&nbsp;495 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NV | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 26.92 years on job. A |
| &nbsp;&nbsp;&nbsp;992 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | PA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing The Business Purpose Affidavit/Disclosure is Missing from the loan file. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;992 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | PA | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 10.61 years on job. A |
| &nbsp;&nbsp;&nbsp;931 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/06/2025 | Resolved | FCRE2009 | Credit | Rent Loss Insurance Missing | Missing rent loss insurance coverage No rent loss missing | Document Uploaded. As addressed in the other finding. The investment properties are land only and insurance is not required. See attachments | 09/17/2025 | Rent Loss Coverage Present | 09/18/2025 | D A |
| &nbsp;&nbsp;&nbsp;931 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/06/2025 | Resolved | FCRE0377 | Credit | The Total Hazard Coverage is LESS than the Required Coverage Amount | The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). Hazard policy covering at least the loan amount required. | Document Uploaded. Hazard insurance is $XXX. Replacement Cost document says the replacement cost is $XXX. Coverage is sufficient. See attachments. | 09/17/2025 | The Total Hazard Coverage is greater than or equal to the Required Coverage Amount | 09/18/2025 | D A C |
| &nbsp;&nbsp;&nbsp;931 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/06/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Missing HOI, Proof of no mortgages, and HOA for the following property: XXX, XXX, and XXX | Document Uploaded. The 3 properties listed are land only. HOI & HOA is not required. Taxes are the only thing being paid. see attachment. | 09/17/2025 | Additional documentation received; exception resolved. | 09/18/2025 | D A |
| &nbsp;&nbsp;&nbsp;931 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/06/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Business purpose disclosure required |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | D A |
| &nbsp;&nbsp;&nbsp;931 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | D A |
| &nbsp;&nbsp;&nbsp;109 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MO | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;109 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MO | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;734 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing UW- Missing the Business Purpose Disclosure in file |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;734 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;1042 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | DE | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Resolved | FCRE1159 | Credit | Hazard Insurance Effective Date is after the Disbursement Date | Hazard Insurance Effective Date of XXX is after the Disbursement Date of XXX. The closing date was XXX. The policy did not take affect until XXX. Provide documentation that insurance was covering the property on the day of closing. Also, the policy listed for the subject is a Rental Dwelling Policy page 476, and this is a 2nd home purchase per the Second home rider on page 515 . Therefore, the coverage is not suffice for a 2nd home. | Document Uploaded. Hazard policy in file is dated XXX which aligns with the disbursement date of XXX. See attachment | 09/17/2025 | Hazard Insurance Effective Date of XXX is prior to or equal to the Disbursement Date of XXX Or Hazard Insurance Effective Date Is Not Provided.; HOI provided | 09/19/2025 | Borrower has stable job time - Borrower has 3.58 years on job. C A |
| &nbsp;&nbsp;&nbsp;1042 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | DE | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 3.58 years on job. C A |
| &nbsp;&nbsp;&nbsp;642 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MN | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 23.32 years on job. A |
| &nbsp;&nbsp;&nbsp;642 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MN | ATR/QM: Exempt | Loan Review Complete | 09/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 23.32 years on job. A |
| &nbsp;&nbsp;&nbsp;642 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MN | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 23.32 years on job. A |
| &nbsp;&nbsp;&nbsp;210 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Acknowledged | FPRO2924 | Property | Property Inspection Waiver Used at Origination | Property Inspection Waiver or Appraisal Waiver used as origination valuation product. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 2.59 years on job. B A |
| &nbsp;&nbsp;&nbsp;210 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | No Compliance Findings The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 2.59 years on job. B A |
| &nbsp;&nbsp;&nbsp;210 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 2.59 years on job. B A |
| &nbsp;&nbsp;&nbsp;189 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Acknowledged | FPRO0947 | Property | External Obsolescence Present | External obsolescence present. External obsolescence present in file<br> MIXED WITH HEAVY COMMERCIAL USES ALONG THE MAIN ARTERIES. OCCASIONAL OVERHEAD JET NOISE IS NOTED FROM XXX AND ROAD NOISE FROM XXX. THESE AFFECT ALL HOMES WITHIN THIS REPORT. THE FLIGHT/ROAD NOISE DOES NOT APPEAR TO HAVE SIGNIFICANTLY IMPACTED AREA MARKETABILITY. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 3.46 years on job. B A |
| &nbsp;&nbsp;&nbsp;189 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE1479 | Credit | Asset 1 Does Not Meet Guideline Requirements | Asset Record 1 Does Not Meet G/L Requirements. not enough to cover 18 months reserves | The AUS does not require 18 months reserves. According to DU submission #7, Total Funds to be Verified are $88,201.35 and Total Availalbe Assets are $117,914.40. This results in Excess Available Funds of $29,713.05 which is equivalent to 18 months reserves. | 09/19/2025 | Documentation is sufficient. Assets adequate. Exception rescinded.; Asset Record 1 Meets G/L Requirements | 09/20/2025 | B A |
| &nbsp;&nbsp;&nbsp;189 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE0377 | Credit | The Total Hazard Coverage is LESS than the Required Coverage Amount | The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). No RCE on file and loan amount is $XXX, not enough coverage | Document Uploaded. Invalid - The property is an attached - PUD. The H06 found on pg. 345 and Master pg. 338-339 ICP | 09/19/2025 | Documentation is sufficient. Acceptable policy in file. Exception rescinded.; The Total Hazard Coverage is greater than or equal to the Required Coverage Amount; The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). | 09/20/2025 | B A |
| &nbsp;&nbsp;&nbsp;189 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | B A |
| &nbsp;&nbsp;&nbsp;480 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/05/2025 | Resolved | FCRE0377 | Credit | The Total Hazard Coverage is LESS than the Required Coverage Amount | The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). The Dwelling Coverage and 25 % extended coverage does not cover the Loan Amount, please provide documentation to verify the correct dwelling coverage insurance was obtained. | Document Uploaded. Loan amount is $XXX. Hazard insurance policy is $XXX + 25% extended coverage = $XXX. When the coverage is less than the loan amount, a replacement cost estimator or a letter stating the replacement cost from the insurance company is required. The Insurance company sent a letter stating that the replacement cost based off their estimator is only $XXX. Coverage is sufficient. See attachment. | 09/17/2025 | The Total Hazard Coverage is greater than or equal to the Required Coverage Amount; RCE HOI provided | 09/19/2025 | Borrower has stable job time - Borrower has 4.25 years on job. C A |
| &nbsp;&nbsp;&nbsp;480 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | No Compliance Findings The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 4.25 years on job. C A |

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| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;619 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AR | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE0377 | Credit | The Total Hazard Coverage is LESS than the Required Coverage Amount | The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). HOI provided was insufficient by $XXX. HOI covering at least the full loan amount is required. | Document Uploaded. Both hazard insurance policies in file are for $XXX which is more than the required amount of $XXX. See attachment | 09/17/2025 | Hazard policy is greater than the required dwelling coverage amount; rescind.; The Total Hazard Coverage is greater than or equal to the Required Coverage Amount | 09/18/2025 | A |
| &nbsp;&nbsp;&nbsp;619 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AR | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;974 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 51.64% exceeds AUS DTI of 49.66% Lender did not use loss from 2nd 1120S business where borrower has 50% ownership. Provide documentation to support omission of business loss. | Document Uploaded. All the K-1s from the other businesses verify the borrower does not hold any ownership. The business loss from XXX was accounted for. Income tool PDF provided. | 09/24/2025 | Income recalculated, DTI meets GLs. Exception resolved.; Audited DTI of 46.39% is less than or equal to AUS DTI of 49.66% | 09/24/2025 | Borrower has stable job time - Borrower has 8.5 years on job. D A C |
| &nbsp;&nbsp;&nbsp;974 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE1316 | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing Provide 3rd party VOE for borrower or CPA letter | Document Uploaded. Provided in original submission | 09/18/2025 | Borrower 1 3rd Party VOE Prior to Close Was Provided; Documentation received; exception resolved. | 09/24/2025 | Borrower has stable job time - Borrower has 8.5 years on job. D A |
| &nbsp;&nbsp;&nbsp;974 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE1328 | Credit | Borrower 1 W2/1099 Missing | Borrower 1 W2/1099 Missing. 1040 shows W2 earnings but W2 is missing | Document Uploaded. Invalid findings. Borrower is self employed. W-2 income found on Schedule 1125-E pg 543 of ICP | 09/18/2025 | Borrower 1 W2/1099 Provided | 09/24/2025 | Borrower has stable job time - Borrower has 8.5 years on job. D A |
| &nbsp;&nbsp;&nbsp;974 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Missing tax bills and HOI premiums for XXX | Document Uploaded. Invalid findings. HOI and taxes included in the PITIA on Final CD pg 870 in the ICP | 09/18/2025 | Proof of HOI and taxes present on Final CD for non-subject; condition rescinded. | 09/18/2025 | D A |
| &nbsp;&nbsp;&nbsp;974 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Provide Business Purpose Disclosure |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | D A |
| &nbsp;&nbsp;&nbsp;974 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 8.5 years on job. D A |
| &nbsp;&nbsp;&nbsp;191 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Missing verification of monthly HOA payment $70.83 (as indicated on 1008) for non-subject property located at XXX | Document Uploaded. | 09/22/2025 | HOA provided | 09/22/2025 | Borrower has stable job time - Borrower has 8.61 years on job. D A |
| &nbsp;&nbsp;&nbsp;191 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE6843 | Credit | Asset General | Missing verification of receipt of funds to close from XXX #XXX IRA account | Document Uploaded. Finding are invalid. XXX \*XXX pg 78 shows account value of $XXX. 120% rule shows sufficient assets and liquidation is not required. | 09/19/2025 | Documentation is sufficient. Available assets are adequate. Exception rescinded. | 09/20/2025 | D A |
| &nbsp;&nbsp;&nbsp;191 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 8.61 years on job. D A |
| &nbsp;&nbsp;&nbsp;212 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Curative | 09/08/2025 | Open | finding-3635 | Compliance | Charges That In Total Cannot Increase More Than 10% Test | This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($2,168.40) exceed the comparable charges ($1,775.40) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). TILA 130b Cure required: Cure of $215.46 required for increase in charges that in total cannot increase more than 10%. The Settlement fee increased from $500 to $800, Courier fee increased from $50 to $60, a Processing fee of $100 was added and the recording fee increased from $47 to $65. Cure requires PCCD, LOE, copy of refund check, proof of mailing, or valid COC. | Document Uploaded. | 10/01/2025 |  |  | Borrower has stable job time - Borrower has 37.81 years on job. C A |
| &nbsp;&nbsp;&nbsp;212 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Curative | 09/08/2025 | Acknowledged | FCOM1621 | Compliance | Missing Initial Escrow Disclosure | Initial Escrow Account Disclosure is Missing |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 37.81 years on job. C B A |
| &nbsp;&nbsp;&nbsp;212 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Curative | 09/08/2025 | Resolved | FCRE1480 | Credit | Asset 2 Does Not Meet Guideline Requirements | Asset Record 2 Does Not Meet G/L Requirements Lender to provide the asset statement for 4/25 for account ending XXX. AUS requires verification in accordance with the Selling Guide. | Per FNMA B3-4.3-01, when the account is made up of stocks and mutual funds, only the most recent monthly or quarterly statement is required. 2 months statements are required only on depository accounts. | 09/18/2025 | Asset Record 2 Meets G/L Requirements Or Not Applicable; Asset Record 2 Does Not Meet G/L Requirements; Quarterly statements | 09/19/2025 | Borrower has stable job time - Borrower has 37.81 years on job. C A |
| &nbsp;&nbsp;&nbsp;212 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Curative | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 37.81 years on job. C A |
| &nbsp;&nbsp;&nbsp;264 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | finding-3634 | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $1,295.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130b Cure Required. Refund in the amount of $1295; 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 $1295 is due to increase from $0 to $1295 for the Admin Fee. The fee was added on the initial CD but the COC in file shows a date of XXX but no disclosure within 3 days was provided | Document Uploaded. | 09/22/2025 | Valid COC with applicable LE provided; Exception resolved; Valid COC with applicable LE provided; Exception resolved | 09/23/2025 | Borrower has stable job time - Borrower has 19.15 years on job. D B C A |
| &nbsp;&nbsp;&nbsp;264 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Acknowledged | FPRO2924 | Property | Property Inspection Waiver Used at Origination | Property Inspection Waiver or Appraisal Waiver used as origination valuation product. Appraisal Waiver allowed per LP. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 19.15 years on job. D B A C |
| &nbsp;&nbsp;&nbsp;264 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Provide documentation to support HOA fees on the borrowers 2nd home at XXX. The final application reflects taxes, insurance and Association Dues of $1,035.32. The loan file contained evidence of $XXX in property taxes and $156.08 hazard insurance. A Realtor.com search confirms the subject is a condo. Provide evidence of $308.35 per month HOA fees and/or other applicable fees. |  |  | Updated HOA pg 478 | 09/18/2025 | Borrower has stable job time - Borrower has 19.15 years on job. D B A C |
| &nbsp;&nbsp;&nbsp;264 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCRE7496 | Credit | Missing Verification of Subject Property Taxes, Insurance, HOA or Other Payments | Provide evidence of HOA fees on the subject property. |  |  | Updated HOA pg 478 | 09/18/2025 | Borrower has stable job time - Borrower has 19.15 years on job. D B A C |
| &nbsp;&nbsp;&nbsp;264 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCRE1159 | Credit | Hazard Insurance Effective Date is after the Disbursement Date | Hazard Insurance Effective Date of XXX is after the Disbursement Date of XXX. Provide evidence of hazard coverage effective as of the disbursement date. | Document Uploaded. Hazard declarations pg 338 effective date XXX CD pg 264 disbursement date XXX. Hazard is effective prior to closing. | 09/18/2025 | Hazard Insurance Effective Date of XXX is prior to or equal to the Disbursement Date of XXX Or Hazard Insurance Effective Date Is Not Provided.; HOI updated | 09/18/2025 | Borrower has stable job time - Borrower has 19.15 years on job. D B C A |
| &nbsp;&nbsp;&nbsp;699 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Rescinded | FCRE1316 | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing Borrower 1 3rd Party VOE Prior to Close Missing | Finding invalid. BWR 1 income was not used to qualify and a VOE is not required for BWR1. | 09/18/2025 | Documentation is sufficient. Not using B1 income. Exception rescinded.; Borrower 1 3rd Party VOE Prior to Close Was Provided | 09/19/2025 | A |
| &nbsp;&nbsp;&nbsp;699 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Business Purpose Affidavit/Disclosure Missing |  |  | Rescinded C/O refinance out of scope. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;699 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 25.53 years on job. A |
| &nbsp;&nbsp;&nbsp;452 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE9942 | Credit | Missing Income - Business Tax Returns | Missing most recent tax year | Document Uploaded. | 10/01/2025 | Evidence of extension to file the 2024 tax returns has been uploaded, exception resolved. | 10/02/2025 | Borrower has stable job time - Borrower has 5.0 years on job. D A |
| &nbsp;&nbsp;&nbsp;452 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE1326 | Credit | Borrower 1 YTD Profit & Loss Missing | Borrower 1 YTD Profit & Loss Missing | Document Uploaded. | 10/01/2025 | A P&L is not required, exception resolved. ; Borrower 1 YTD Profit & Loss Provided | 10/02/2025 | Borrower has stable job time - Borrower has 5.0 years on job. D A |
| &nbsp;&nbsp;&nbsp;452 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property |  | Document Uploaded. P&I, Taxes, Insurance, & HOA for non-subject properties XXX & XXX See attachments. | 09/18/2025 | Updated the property taxes and HOI; Updated the property taxes and HOI | 09/18/2025 | Borrower has stable job time - Borrower has 5.0 years on job. D A |
| &nbsp;&nbsp;&nbsp;452 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 5.0 years on job. D A |
| &nbsp;&nbsp;&nbsp;211 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | UT | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 3.06 years on job. A |
| &nbsp;&nbsp;&nbsp;211 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | UT | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 3.06 years on job. A |
| &nbsp;&nbsp;&nbsp;324 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AL | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE1316 | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing 3rd party verification for the XXX not provided | The borrower is Schedule C and not required to have a business license or registration in the state of AL. The borrower has provided invoices & receipts to confirm the business is active & operating. Per FNMA B3-3.1-07, "the lender must verify the existence of the borrower's business within 120 calendar days prior to the note date." This validation is more concrete that the business is active, than an internet listing and we feel this meets the spirit of the verification guidelines. | 10/01/2025 | Borrower 1 3rd Party VOE Prior to Close Was Provided; Borrower 1 3rd Party VOE Prior to Close Missing; ; Secondary Review: The borrowers self employment was confirmed on taxes, fraud report DBA on Certificate of liability insurance. Confirmed multiple third party verifications. | 10/01/2025 | Borrower has stable job time - Borrower has 6.01 years on job. D A |
| &nbsp;&nbsp;&nbsp;324 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AL | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE7551 | Credit | Missing Divorce Decree | Credit report page 84 indicates child support. Need to provide divorce decree to ensure no existing liability exists. | CHILD SUPPORT ON CREDIT XXX WAS LAST REPORTED IN 2018. | 09/18/2025 | Child support ended; updated credit tab | 09/18/2025 | Borrower has stable job time - Borrower has 6.01 years on job. D A |
| &nbsp;&nbsp;&nbsp;324 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AL | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 6.01 years on job. D A |
| &nbsp;&nbsp;&nbsp;763 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | PA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO1136 | Property | Subject property appraisal is not on an as-is basis (Primary Value) | Primary Value Subject Property Appraisal is not on an As-Is Basis Final inspection is needed..auditor unable to locate. | Document Uploaded. | 09/26/2025 | Evidence of completion provided, exception resolved. ; Primary Value Subject Property Appraisal is completed on an As-Is Basis or Not Applicable | 09/29/2025 | Borrower has stable job time - Borrower has 11.08 years on job. D A C |
| &nbsp;&nbsp;&nbsp;763 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | PA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE3978 | Credit | Missing Letter of Explanation (Credit) | 1008 Reflects HOA on primary..auditor unable to locate documentation to support the amount of monthly HOA in primary residence. Please provide. | Document Uploaded. HOA for primary residence in file $340.50 a month. See attachment. | 09/17/2025 | HOA | 09/19/2025 | Borrower has stable job time - Borrower has 11.08 years on job. D A C |
| &nbsp;&nbsp;&nbsp;763 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | PA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Auditor unable to locate. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | D A C |
| &nbsp;&nbsp;&nbsp;621 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ID | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Rescinded | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Missing evidence of the annual property taxes for the primary residence at XXX. Unable to verify the full monthly primary housing payment. Please provide evidence of the primary housing monthly (or annual) tax amount due. | mort on page 1188 $3068.30 a month, insurance on page 901, 902 $144.45 a month, hoa dues on page 285 $250, heloc on page 290 $251. Lender used $884.81, look up property tax on county website $ XXX a month. Total PITIA $5207.53. | 09/22/2025 | Review of PITIA | 09/22/2025 | A |
| &nbsp;&nbsp;&nbsp;621 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ID | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 4.49 years on job. A |
| &nbsp;&nbsp;&nbsp;494 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MN | ATR/QM: Exempt | Curative | 09/08/2025 | Resolved | FCRE1184 | Credit | AUS Not Provided | Missing AUS AUS Missing from file - LP<br> Only LP Documentation Checklist present | Document Uploaded. LP AUS in file. See attachment. | 09/17/2025 | AUS is not missing; LP Provided | 09/19/2025 | Borrower has stable job time - Borrower has 18.61 years on job. D C A |
| &nbsp;&nbsp;&nbsp;494 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MN | ATR/QM: Exempt | Curative | 09/08/2025 | Open | FPRO1136 | Property | Subject property appraisal is not on an as-is basis (Primary Value) | Primary Value Subject Property Appraisal is not on an As-Is Basis Appraisal was completed subject to completion per plans and specifications on the basis of a hypothetical condition that the improvements have been completed. I do not see the completion report (1004D) in file. |  |  |  |  | Borrower has stable job time - Borrower has 18.61 years on job. D C A |
| &nbsp;&nbsp;&nbsp;625 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MN | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO1136 | Property | Subject property appraisal is not on an as-is basis (Primary Value) | Primary Value Subject Property Appraisal is not on an As-Is Basis Final Inspection fee disclosed on final CD but 1004D not provided in the loan file. | Document Uploaded. | 09/23/2025 | Primary Value Subject Property Appraisal is completed on an As-Is Basis or Not Applicable; Final inspection provided | 09/23/2025 | Borrower has stable job time - Borrower has 7.47 years on job. C A |

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| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;625 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MN | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE8944 | Credit | Credit History - Derogatory Accounts Without Sufficient Explanation | Child Support documentation confirming monthly payment and arrears missing. | Document Uploaded. | 09/19/2025 | Documentation is sufficient. LOE for Child Support provided. Exception resolved. | 09/21/2025 | Borrower has stable job time - Borrower has 7.47 years on job. C A |
| &nbsp;&nbsp;&nbsp;776 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WV | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 25.81% exceeds AUS DTI of 17.72% Audit DTI 25.81% exceeds AUS DTI of 17.72 due to rental properties full PITI was not included in the total housing expense. Subject property $2877.03 and HOA $118.59, XXX $2994.94, and XXX $2274.23. The inclusion of the rental properties loss increased the DTI by 8.09% | Document Uploaded. Total income for business was analysed at $36,901. The subject PITIA is principal an interest of $2152.05per mos + HOI(846 annual) $70.50 per mos + property taxes (XXX/12) $XXX per mos and HOA dues of $75 total PITIA is $2,557.2.<br> REO's XXX and XXX have a mortgage under the non borrowing spouse only and are omitted.<br> REO XXXof $3054.5 per mos | 09/22/2025 | Income tool and Pitia verification provided. Reanalysis of rental income with this data. ; Audited DTI of 17.72% is less than or equal to AUS DTI of 17.72%; Income tool and PITIA validation provided. | 09/22/2025 | Borrower has stable job time - Borrower has 8.91 years on job. C A |
| &nbsp;&nbsp;&nbsp;776 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WV | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;776 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WV | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 8.91 years on job. C A |
| &nbsp;&nbsp;&nbsp;240 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Provide a signed Business Purpose Affidavit/Disclosure. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;240 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 15.33 years on job. A |
| &nbsp;&nbsp;&nbsp;326 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE2009 | Credit | Rent Loss Insurance Missing | Missing rent loss insurance coverage Rent Loss is included in the policy but terms are not disclosed |  |  | Not required. | 09/19/2025 | A |
| &nbsp;&nbsp;&nbsp;326 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 3.38 years on job. A |
| &nbsp;&nbsp;&nbsp;245 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MD | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Acknowledged | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | B A |
| &nbsp;&nbsp;&nbsp;986 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Acknowledged | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | B A |
| &nbsp;&nbsp;&nbsp;986 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Acknowledged | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | B A |
| &nbsp;&nbsp;&nbsp;986 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | B A |
| &nbsp;&nbsp;&nbsp;986 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | B A |
| &nbsp;&nbsp;&nbsp;220 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | finding-3526 | Compliance | Revised Loan Estimate Delivery Date Test (prior to consummation) | This loan failed the revised loan estimate delivery date test (prior to consummation) due to one of the following findings: (12 CFR §1026.19(e)(4)(ii))The revised loan estimate delivery date is provided and the revised loan estimate method of delivery is marked as either: "USPS First Class Mail" or "Electronic Delivery" or blank, and the revised loan estimate delivery date is less than seven business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised loan estimate delivery date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate receipt date is provided and the revised loan estimate receipt date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate delivery date is on or after the initial closing disclosure delivery date.The creditor shall not provide a revised version of the disclosures required under §1026.19(e)(1)(i) on or after the date on which the creditor provides the disclosures required under §1026.19(f)(1)(i). The consumer must receive a revised version of the disclosures required under §1026.19(e)(1)(i) not later than four business days prior to consummation. If the revised version of the disclosures required §1026.19(e)(1)(i) is not provided to the consumer in person, the consumer is considered to have received such version three business days after the creditor delivers or places such version in the mail. Documentation Required- Missing documentation to verify date LE dated XXX was delivered to the Borrower. Initial CD was issued XXX. | Document Uploaded. | 09/19/2025 | Lender confirmed LE dated XXX was not sent out to the borrower; exception resolved; Lender confirmed LE dated XXX was not sent out to the borrower; exception resolved | 09/22/2025 | Borrower has stable job time - Borrower has 24.17 years on job. C A |
| &nbsp;&nbsp;&nbsp;220 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 24.17 years on job. C A |
| &nbsp;&nbsp;&nbsp;220 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 24.17 years on job. C A |
| &nbsp;&nbsp;&nbsp;236 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCRE1146 | Credit | Title Document is Partially Present | Title Document is incomplete or only partially present Title provided has wrong loan amount and updated document not provided. | Document Uploaded. | 09/18/2025 | Title Document is fully Present. Resolved 9/18/2025 | 09/18/2025 | Borrower has stable job time - Borrower has 4.93 years on job. D A |
| &nbsp;&nbsp;&nbsp;236 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 4.93 years on job. D A |
| &nbsp;&nbsp;&nbsp;331 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 50.72% exceeds AUS DTI of 46.83% Audited DI was 50.72% due to Rent Loss on non subject rental negative cash-flow from 1040 returns of -$1,411.43 which was larger loss than AUS findings of -$487.00. Please document how the rental loss was calculated. | Document Uploaded. | 09/19/2025 | Documentation is sufficient. Rental calculations provided. Exception resolved.; Audited DTI of 48.71% is less than or equal to AUS DTI of 48.71% | 09/20/2025 | C A |
| &nbsp;&nbsp;&nbsp;331 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE0377 | Credit | The Total Hazard Coverage is LESS than the Required Coverage Amount | The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). The Dwelling coverage in not sufficient to cover the loan amount of $XXX, please provide documentation that sufficient HOI coverage was obtained. | Document Uploaded. Hazard policy for $XXX is an H06 policy. Master policy is in file for the dwelling coverage. See attachments. | 09/17/2025 | The Total Hazard Coverage is greater than or equal to the Required Coverage Amount; The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX).; HO6 provided | 09/19/2025 | C A |
| &nbsp;&nbsp;&nbsp;331 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing The Business Purpose affidavit/disclosure is missing from file. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;331 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | C A |
| &nbsp;&nbsp;&nbsp;225 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Missing verification of HOA and taxes for non-subject REO located at XXX | Document Uploaded. XXX Taxes in file are $XXX a year or $XXX a month, HOA is $104 a month and Insurance is $719 a year or $59.91 a month totaling $426.68 which is the amount on the 1003. See attachments | 09/17/2025 | Documentation is sufficient. Taxes, insurance and HOA documents provided. Exception resolved. | 09/19/2025 | Borrower has stable job time - Borrower has 8.92 years on job. D A |
| &nbsp;&nbsp;&nbsp;225 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 8.92 years on job. D A |
| &nbsp;&nbsp;&nbsp;242 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 27.6% exceeds AUS DTI of 25.09% there is a difference in property taxes/hoi used for other properties | 27.6% minus 25.09% = 2.51% which is within tolerance. | 09/18/2025 | Audited DTI of 27.6% is less than or equal to AUS DTI of 25.09%; Reconfirm tolerance | 09/19/2025 | Borrower has stable job time - Borrower has 9.95 years on job. C A |
| &nbsp;&nbsp;&nbsp;242 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 9.95 years on job. C A |
| &nbsp;&nbsp;&nbsp;242 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 9.95 years on job. C A |
| &nbsp;&nbsp;&nbsp;259 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CO | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 6.75 years on job. A |
| &nbsp;&nbsp;&nbsp;259 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CO | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 6.75 years on job. A |
| &nbsp;&nbsp;&nbsp;259 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CO | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 6.75 years on job. A |
| &nbsp;&nbsp;&nbsp;233 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE2009 | Credit | Rent Loss Insurance Missing | Missing rent loss insurance coverage Provide documentation to verify rent loss coverage for subject property |  |  | Not required. | 09/19/2025 | D A |
| &nbsp;&nbsp;&nbsp;233 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE2900 | Credit | Borrower Non-US Citizen Identification Document Missing | Non US Citizen Borrower is missing Identification Document. Lender to provide residency documentation for non US citizen | Document Uploaded. Borrower's Employment Authorization Card is in file expires 7/5/25. Note date is XXX. Citizenship was valid at time of closing. See attachment. | 09/17/2025 | Documentation is sufficient. Employment ID provided. Exception resolved.; Borrower Identification Document provided. | 09/19/2025 | Borrower has stable job time - Borrower has 19.88 years on job. D A |
| &nbsp;&nbsp;&nbsp;233 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Provide Business Purpose Disclosure executed by both borrowers |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | D A |
| &nbsp;&nbsp;&nbsp;233 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 19.88 years on job. D A |
| &nbsp;&nbsp;&nbsp;319 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Acknowledged | FCOM9186 | Compliance | eSigned Documents Consent is Missing | The eSigned consent disclosure is missing. The eSigned documents consent is missing. Document Package Audit page 404 indicates package was cancelled and page 403 indicates the Initial Disclosures were not electronically delivered. The LE was electronically signed on XXX. Provide eConsent dated on or before XXX. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | D B A |
| &nbsp;&nbsp;&nbsp;319 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE3653 | Credit | Missing letter of explanation | Letter of explanation as to what property is XXX as indicated on HOI Policy page 462. Need verification if this is an additional property owned. Subject to additional documents if borrower does own this property. | Document Uploaded. Per attached, the property belongs to XXX and XXX XXX, presumed to be the borrower's parents. It's reasonable that XXX might use their address for mail. | 09/19/2025 | Documentation is sufficient. Property profile provided. Exception resolved. | 09/21/2025 | D B A |
| &nbsp;&nbsp;&nbsp;319 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Not provided in file for review. |  |  | Rescinded C/O refinance out of scope. | 09/12/2025 | D B A |
| &nbsp;&nbsp;&nbsp;214 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing The disclosure is not in the file |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;214 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | No Property findings Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;351 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NM | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Missing and required on investment properties. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;351 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NM | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 8.28 years on job. A |
| &nbsp;&nbsp;&nbsp;343 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MO | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCRE0377 | Credit | The Total Hazard Coverage is LESS than the Required Coverage Amount | The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). | Document Uploaded. Email in file from insurance provider confirms the policy is 100% replacement cost. See attachment. | 09/18/2025 | The Total Hazard Coverage is greater than or equal to the Required Coverage Amount; Updated replacement cost | 09/22/2025 | D A C |
| &nbsp;&nbsp;&nbsp;343 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MO | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCRE1347 | Credit | Borrower 2 3rd Party VOE Prior to Close Missing | Borrower 2 3rd Party VOE Prior to Close Missing Borrower 2 3rd Party VOE Prior to Close Missing | Document Uploaded. Both borrowers VOEs are in file dated XXX. Closing is XXX (within 10 days). See attachment. | 09/18/2025 | Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals 2); VOE updated | 09/18/2025 | D A |
| &nbsp;&nbsp;&nbsp;343 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MO | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | D A |
| &nbsp;&nbsp;&nbsp;343 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MO | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | D A |
| &nbsp;&nbsp;&nbsp;346 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | UT | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Lender to provide a Business Purpose Affidavit executed by the borrower. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;346 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | UT | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 6.3 years on job. A |
| &nbsp;&nbsp;&nbsp;345 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Please provide the required Business Purpose Affidavit/Disclosure. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;345 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 6.95 years on job. A |
| &nbsp;&nbsp;&nbsp;349 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE2009 | Credit | Rent Loss Insurance Missing | Missing rent loss insurance coverage |  |  | Not required. | 09/19/2025 | C A |
| &nbsp;&nbsp;&nbsp;349 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 33.44% exceeds AUS DTI of 33.37% | 33.44% minus 33.37% = .07% which is within tolerance. | 09/18/2025 | Audited DTI of 33.44% is less than or equal to AUS DTI of 33.37%; confirm tolerance | 09/19/2025 | C A |
| &nbsp;&nbsp;&nbsp;349 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;349 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | C A |
| &nbsp;&nbsp;&nbsp;277 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 4.16 years on job. A |
| &nbsp;&nbsp;&nbsp;277 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 4.16 years on job. A |
| &nbsp;&nbsp;&nbsp;180 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MN | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Acknowledged | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Documentation required: Provide evidence the borrower received the appraisal. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | C B A |
| &nbsp;&nbsp;&nbsp;180 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MN | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | finding-3635 | Compliance | Charges That In Total Cannot Increase More Than 10% Test | This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($142.00) exceed the comparable charges ($97.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). TILA 130b Cure required: Cure of $35.30 required for charges that in total cannot increase more than 10%. The recording fee increased from $97.00 to $147.00 without valid COC. Cure of $10 provided at time of consummation for increase in appraisal fee. Cure requires PCCD, LOE, copy of refund check, and proof of mailing or valid COC. | Document Uploaded. | 09/18/2025 | Valid COC provided; Exception resolved; Valid COC provided; Exception resolved | 09/18/2025 | C B A |
| &nbsp;&nbsp;&nbsp;270 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | DE | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCRE7496 | Credit | Missing Verification of Subject Property Taxes, Insurance, HOA or Other Payments | Missing Taxes and Insurance for Primary Housing. | Document Uploaded. | 09/23/2025 | ; Verification of taxes and HOA for primary residence were in the file. Hazard policy in file had no premium listed but policy with premium was uploaded. Exception resolved. | 09/24/2025 | Borrower has stable job time - Borrower has 11.3 years on job. D A |
| &nbsp;&nbsp;&nbsp;270 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | DE | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 11.3 years on job. D A |
| &nbsp;&nbsp;&nbsp;270 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | DE | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 11.3 years on job. D A |
| &nbsp;&nbsp;&nbsp;606 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE1479 | Credit | Asset 1 Does Not Meet Guideline Requirements | Asset Record 1 Does Not Meet G/L Requirements. Missing recent, consecutive statement for XXX, acct ending XXX which supports $218,878.36 as reflected on DU. | I acknowledge the reviewer's comments. However, I believe we still meet FNMA requirements even without the consecutive statement. Per DU, Excess Available Assets not required to be verified are $306578.16. We could remove XXX altogether and there would be sufficient funds.<br> ; Document Uploaded. | 09/25/2025 | Assets from PNC were excluded as not needed for closing costs or reserves. Verified assets are sufficient, additional documentation not needed. Exception resolved. ; Asset Record 1 Meets G/L Requirements; Document provided is a duplicate on the one in file. Need a consecutive bank statement. Exception remains. | 09/26/2025 | Borrower has stable job time - Borrower has 4.48 years on job. C A |
| &nbsp;&nbsp;&nbsp;606 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE2009 | Credit | Rent Loss Insurance Missing | Missing rent loss insurance coverage Provide Hazard declarations page with sufficient rent loss coverage. |  |  | Not required. | 09/19/2025 | C A |
| &nbsp;&nbsp;&nbsp;606 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 4.48 years on job. C A |
| &nbsp;&nbsp;&nbsp;626 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 26.22% exceeds AUS DTI of 19.89% Audited DTI of 26.22% exceeds AUS of 19.89% due to full PITI for rentals, and primary residence. SCH E nor leases were provided to offset the monthly P&I payments. DTI exceeds AUS by 6.33% | Document Uploaded. Lender is not using the lien release along with the lien releases for all investments supporting they are owned free and clear. In addition property tax certs provided for all investments and the 2024 schedule E was used to validate HOI and HOA dues on all investments. This is allowed on XXX loans since we have the most recent tax returns from 2024. | 09/19/2025 | Documentation is sufficient. Sched E and worksheet provided. Exception resolved.; Audited DTI of 15.99% is less than or equal to AUS DTI of 19.89% | 09/20/2025 | Borrower has stable job time - Borrower has 14.86 years on job. C A |
| &nbsp;&nbsp;&nbsp;626 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Business purpose affidavit/disclosure was not provided in the file for review |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;626 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 14.86 years on job. C A |
| &nbsp;&nbsp;&nbsp;994 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Acknowledged | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Documentation Required- Evidence of date appraisal was delivered to Borrowers |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 20.93 years on job. D B A |
| &nbsp;&nbsp;&nbsp;994 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Acknowledged | FCOM9186 | Compliance | eSigned Documents Consent is Missing | The eSigned consent disclosure is missing. Documentation Required- Missing eSigned documents consent. Intent to Proceed was electronically signed on XXX. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 20.93 years on job. D B A |
| &nbsp;&nbsp;&nbsp;994 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Acknowledged | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing Documentation Required- Affiliated Business Disclosure |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 20.93 years on job. D B A |
| &nbsp;&nbsp;&nbsp;994 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCRE1316 | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing Provide 3rd party VOE for borrower or CPA letter for Borrower 1 | Document Uploaded. Provided in original upload | 09/18/2025 | Borrower 1 3rd Party VOE Prior to Close Was Provided; VOE updated | 09/18/2025 | Borrower has stable job time - Borrower has 20.93 years on job. D B A |
| &nbsp;&nbsp;&nbsp;994 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 20.93 years on job. D B A |
| &nbsp;&nbsp;&nbsp;316 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MI | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE1347 | Credit | Borrower 2 3rd Party VOE Prior to Close Missing | Borrower 2 3rd Party VOE Prior to Close Missing Please provide the Borrower 2 3rd Party VOE Prior to Close for XXX. | Document Uploaded. VOE in file for XXX dated XXX. Closinig is XXX. See attachment. | 09/17/2025 | Documentation is sufficient. VOE provided. Exception resolved.; Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals 2); VOE provided. | 09/20/2025 | Borrower has stable job time - Borrower has 3.56 years on job. D A |
| &nbsp;&nbsp;&nbsp;316 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MI | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Please provide the required Business Purpose Affidavit/Disclosure. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | D A |
| &nbsp;&nbsp;&nbsp;316 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MI | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 3.56 years on job. D A |
| &nbsp;&nbsp;&nbsp;736 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 2.21 years on job. A |
| &nbsp;&nbsp;&nbsp;736 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 2.21 years on job. A |
| &nbsp;&nbsp;&nbsp;312 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MD | QM: Safe Harbor APOR (APOR SH) | Curative | 09/09/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 47.79% exceeds AUS DTI of 46% | Please provide clarification/breakdown of your DTI. | 09/30/2025 | Liabilities recalculated and match lender. Revised DTI meets GLs, exception resolved. ; Audited DTI of 45.72% is less than or equal to AUS DTI of 46% | 10/01/2025 | Borrower has stable job time - Borrower has 11.36 years on job. D C A B |
| &nbsp;&nbsp;&nbsp;312 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MD | QM: Safe Harbor APOR (APOR SH) | Curative | 09/09/2025 | Acknowledged | FPRO2924 | Property | Property Inspection Waiver Used at Origination | Property Inspection Waiver or Appraisal Waiver used as origination valuation product. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 11.36 years on job. D B A |
| &nbsp;&nbsp;&nbsp;312 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MD | QM: Safe Harbor APOR (APOR SH) | Curative | 09/09/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 11.36 years on job. D A B |
| &nbsp;&nbsp;&nbsp;312 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MD | QM: Safe Harbor APOR (APOR SH) | Curative | 10/01/2025 | Open | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Final 1003 and 1008 indicate B2 rents their primary residence for $3,500 per month. Please provide documentation (lease, VOR, payment history, etc.) verifying the payment amount. |  |  |  | 10/01/2025 | Borrower has stable job time - Borrower has 11.36 years on job. D B A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;455 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MN | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE7347 | Credit | Missing Lease Agreement | missing lease agreement for all properties | Document Uploaded. Invalid Findings - Total of 6 investment properties, 5 are reflected on Sch Es pgs 109 and 112, all with 365 fair rental days. Only property requiring a lease is XXX. Fully executed lease found pg 82 of ICP, uploaded doc. | 09/19/2025 | Documentation is sufficient. Sched E and lease agreement in file. Exception rescinded. | 09/20/2025 | D A |
| &nbsp;&nbsp;&nbsp;455 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MN | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE1316 | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing Borrower 1 3rd Party VOE Prior to Close Missing | Document Uploaded. Invalid - Paystub pg 93 used in lieu of a VVOE. Paystub dated XXX. Note date is XXX. BWR pay frequency is monthly. Paystub dated within 15 days and last pay prior to the note date. Doc uploaded. | 09/19/2025 | Documentation is sufficient. Pay stub verifies employment. Exception rescinded.; Borrower 1 3rd Party VOE Prior to Close Was Provided | 09/20/2025 | D A |
| &nbsp;&nbsp;&nbsp;455 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MN | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | XXX, no mortgage statement in file | Document Uploaded. All documentation was provided in original submission | 09/17/2025 | Documentation is sufficient. Note and proof of payment breakdown provided. Exception resolved. | 09/19/2025 | Borrower has stable job time - Borrower has 7.77 years on job. D A |
| &nbsp;&nbsp;&nbsp;455 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MN | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Business Purpose Affidavit/Disclosure Missing |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | D A |
| &nbsp;&nbsp;&nbsp;284 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 12.68 years on job. A |
| &nbsp;&nbsp;&nbsp;284 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 12.68 years on job. A |
| &nbsp;&nbsp;&nbsp;284 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 12.68 years on job. A |
| &nbsp;&nbsp;&nbsp;348 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 3.63 years on job. A |
| &nbsp;&nbsp;&nbsp;348 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 3.63 years on job. A |
| &nbsp;&nbsp;&nbsp;317 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Lender to provide a Business Purpose Affidavit executed by the borrower. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;317 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;382 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Please provide the required Business Purpose Affidavit/Disclosure. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;382 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 10.29 years on job. A |
| &nbsp;&nbsp;&nbsp;24 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Please provide signed and dated Business Purpose Affidavit |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;24 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 2.96 years on job. A |
| &nbsp;&nbsp;&nbsp;690 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE6843 | Credit | Asset General | Funds to close where coming from XXX IRA accounts and there was no documentation of the liquidation of the funds. Please provide documentation that verified funds to close where available. | Per FNMA B3-4.3-01, if the value of the asset is at least 20% more than the amount of funds needed for the down payment and closing costs, no documentation of the borrower's actual receipt of funds realized from the sale or liquidation is required. In this case, the balance of the XXX account is $395,850.70 and required funds are only $84,099.62. | 09/19/2025 | Documentation is sufficient. Assets are adequate. Exception rescinded. | 09/21/2025 | A |
| &nbsp;&nbsp;&nbsp;690 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing from the file. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;690 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 14.57 years on job. A |
| &nbsp;&nbsp;&nbsp;587 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO0383 | Property | FEMA Post Disaster Inspection Report not Provided | The subject property is a FEMA disaster case; however, the inspection report was not provided. | PDI provided. | 09/25/2025 | Exception resolved. ; FEMA Post Disaster Inspection report was provided.; Document Uploaded. | 09/25/2025 | D A |
| &nbsp;&nbsp;&nbsp;587 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FVAL3825 | Property | FEMA Declared Disaster Dated Prior to the Note Date, After Appraisal Date | Property located in FEMA Declared Disaster Area with no subsequent property Inspection. | PDI provided. | 09/25/2025 | Exception resolved. ; Property Inspection Provided.; Document Uploaded. | 09/25/2025 | D A C |
| &nbsp;&nbsp;&nbsp;587 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 60.08% exceeds AUS DTI of 49.95% Lender calculated net monthly rental income as -$637.63. No evidence in file of rental income, borrower was hit for full pitia. | Document Uploaded. calculations are correct, borrower has prior rental history and 1007 provided for subject property - subject negative cash flow is 678.09, 1007 on pg 122 ICP, borrower has prior rental history evidenced on urla and tax transcripts | 09/18/2025 | Audited DTI of 49.95% is less than or equal to AUS DTI of 49.95% | 09/18/2025 | D A C |
| &nbsp;&nbsp;&nbsp;587 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE5116 | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. | VOM is not required per the AUS | 09/17/2025 | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing | 09/18/2025 | D A |
| &nbsp;&nbsp;&nbsp;499 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Provide documentation to support $500.00 per month losses for the REO at XXX. Property taxes verified in the loan file = XXX, HOI premiums = $40.00 and HOA fees = $31.67 for a total PITIA of $306.09. | Loss was rounded to $500. Documentation in file supports less of a loss at $306.08. Client should not have to clarify whey a more conservative DTI was used for qualifying. | 09/29/2025 | The TIA for REO was documented in the file and is less than the lender's estimated TIA payment. Additional documentation not required, exception resolved. | 09/30/2025 | Borrower has stable job time - Borrower has 10.65 years on job. D B A |
| &nbsp;&nbsp;&nbsp;499 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Acknowledged | FCRE9785 | Credit | Purchase Contract is Incomplete | Loan Purpose is Purchase but Purchase Contract Doc is Incomplete The final CD reflects seller concessions of $7,494.00. The purchase contract does not reflect any seller concessions. Provide revised contract and/or addendum disclosing the seller concession. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 10.65 years on job. D B A |
| &nbsp;&nbsp;&nbsp;499 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Acknowledged | FCOM3592 | Credit | Missing Taxpayer First Act Disclosure | Taxpayer First Act Disclosure is missing. Taxpayer First Act Disclosure is missing. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 10.65 years on job. D B A |
| &nbsp;&nbsp;&nbsp;499 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Rescinded | FCRE2009 | Credit | Rent Loss Insurance Missing | Missing rent loss insurance coverage Provide insurance documentation to support rent loss insurance coverage. |  |  | Not required. | 09/19/2025 | D B A |
| &nbsp;&nbsp;&nbsp;499 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 10.65 years on job. D B A |
| &nbsp;&nbsp;&nbsp;251 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE6843 | Credit | Asset General | Please source large deposit into XXX#XXX $100,481 on 6/3/25Auditor unable to locate source documentation. | Document Uploaded. Invalid - While the large deposit was not sourced however borrower has sufficient assets in XXX | 09/19/2025 | Documentation is sufficient. Assets are adequate. Exception resolved. | 09/20/2025 | Borrower has stable job time - Borrower has 7.35 years on job. C A |
| &nbsp;&nbsp;&nbsp;251 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 7.35 years on job. C A |
| &nbsp;&nbsp;&nbsp;989 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | RI | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Rescinded | FCRE9780 | Credit | Business Purpose Affidavit/Disclosure Missing | Business Purpose Affidavit/Disclosure Missing Please provide the required Business Purpose Affidavit/Disclosure. |  |  | NA; Finding resolved. Based on lender feedback, all loans are considered consumer purposed regardless of occupancy or intended use of property. Business Purpose Affidavit not required based on lender direction. | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;989 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | RI | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational | 09/10/2025 | Borrower has stable job time - Borrower has 8.37 years on job. A |
| &nbsp;&nbsp;&nbsp;16 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE1437 | Credit | Income and Employment Do Not Meet Guidelines | Income and Employment Do Not Meet Guidelines Missing the following docs to verify full PITIA for all properties: Verification of HOA dues for primary residence. Missing verification of tax amounts for XXX, and both XXX properties. Missing verification of HOI for XXX and XXX. Missing HUD/CD/Closing Statement to prove XXX is sold. There are some documents in file showing tax amounts, for parcel numbers, but there is no evidence to match parcel numbers to specific properties. There are some verification of auto-pay for HOI amounts, but there is no documentation to match the amounts of the HOI on the payment plan with the property it belongs to. Please provide evidence of tax and HOI amounts for all REO and ensure the documents specify the property address. | XXX is owned F&C - therefore HOI is optional and elective.; Document Uploaded. ; Document Uploaded. ; Document Uploaded. All documents were apart of the original submission - HOA statement for primary residence uploaded. HOI policy for XXX and XXX has uploaded. Property report that verified XXX was sold on 2024 uploaded. Uploaded property report from county for XXX and XXX. | 10/01/2025 | All required documentation has ben provided for the REOs, exception resolved. ; Income and Employment Meet Guidelines; Policy uploaded is expired as of XXX. Application date is XXX and Note date is XXX. Please provide a valid policy. ; Documents received and reviewed, however, it appears we are still in need of the hazard policy for XXX. ; Documents uploaded are not sufficient to resolve the exception. Hazard policies were uploaded in lieu of the requested verification of HOA fees. Please provide verification of HOA fees and taxes for XXX, XXX, and XXX. | 10/2/2025 | Borrower has stable job time - Borrower has 11.49 years on job. C A |
| &nbsp;&nbsp;&nbsp;16 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 11.49 years on job. C A |
| &nbsp;&nbsp;&nbsp;1018 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE1440 | Credit | Housing History Does Not Meet Guideline Requirements | Housing History Does Not Meet Guideline Requirements Missing verification of 2/2025 and 3/2025 monthly payments for XXX/XXX #XXX - The date last reporting on credit report is 1/2025 and mortgage statement provided only verifies 4/2025 monthly payment received | Finding Invalid. Per FNMA B3-5.3-03 - mortgage statement on ICP pg.566 verfied the XXX mortgage is current and paid through 04/01/25. | 09/18/2025 | Housing History Meets Guideline Requirements; Mortgage statement reflects April payment made and loan loan is not delinquent | 09/18/2025 | Borrower has stable job time - Borrower has 17.39 years on job. C A |
| &nbsp;&nbsp;&nbsp;1018 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 17.39 years on job. C A |
| &nbsp;&nbsp;&nbsp;987 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Rescinded | FCOM1274 | Compliance | Escrow Waiver is Missing | Escrow Waiver is Missing | Document Uploaded. Invalid request - Final CD provided in original submission shows loan is escrowed for taxes and insurance, escrow waiver is not required. | 09/18/2025 | Investment purchase; Exception resolved; Escrow Waiver is Present or Not Applicable | 09/18/2025 | A |
| &nbsp;&nbsp;&nbsp;987 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 26.33 years on job. A |
| &nbsp;&nbsp;&nbsp;1008 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 82.41% exceeds AUS DTI of 46% DTI of 82.41% exceeds AUS of 46% by 36.41% due to total PITI of mortgaged investment properties at $1347.76, $1118.19, $4772.14, and PITI of primary housing at $2798.47. The lease agreements were not provided to offset the amounts. | Finding Invalid. The lender did not use lease agreement to offset the PITIA of the investment properties. The borrower's business "XXX" is paying for the mortgage payments. We have 12 months proof from business account to verify the business has made the payments on ICP pg.173-178. The articles of incorporation of the business that verifies the borrower's ownership ICP pg.106. We can omit the mortgage payments since the business is the one paying for the mortgages. | 09/18/2025 | Audited DTI of 44.69% is less than or equal to AUS DTI of 44.69%; updated the mortgage payments | 09/18/2025 | C A |
| &nbsp;&nbsp;&nbsp;1008 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;984 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | ATR/QM: Exempt | Curative | 09/09/2025 | Resolved | FCRE1764 | Credit | Missing Verification of Mortgage | Verify monthly payment to XXX is $189 to support correct DU findings | Document Uploaded. Verification provided on the credit report should be sufficient | 09/17/2025 | Resolved Verification provided on the credit report. | 09/18/2025 | Borrower has stable job time - Borrower has 3.75 years on job. D A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;984 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | ATR/QM: Exempt | Curative | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 3.75 years on job. D A |
| &nbsp;&nbsp;&nbsp;984 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | ATR/QM: Exempt | Curative | 09/09/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 3.75 years on job. D A |
| &nbsp;&nbsp;&nbsp;1003 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FCRE4104 | Credit | Missing explanation and supporting documentation for large deposit(s) | XXX deposit for $9800 5/13/2025, not sourced. Per AUS any deposit over $8789.22(over 50% of income) document source, or reduce from the balance and resubmit. Amount was not sourced or balance reduced. | Finding NOT valid PT assets back out large deposit in the amount of $9,800 and 50,000. Asset tool still passed . Buisness acct # XXX was used and loe from other parther on page 883 . ownership on page 890 | 09/18/2025 | backed out the $9800.00 and the assets are still good. ; Assets updated | 09/18/2025 | Borrower has stable job time - Borrower has 17.03 years on job. D A |
| &nbsp;&nbsp;&nbsp;1003 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 17.03 years on job. D A |
| &nbsp;&nbsp;&nbsp;999 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FPRO1136 | Property | Subject property appraisal is not on an as-is basis (Primary Value) | Primary Value Subject Property Appraisal is not on an As-Is Basis | Attestation letter updated; Document Uploaded. Invalid Appraisal pg 106 subject to repair or alteration on the basis of a hypothetical condition installation of deck boards pg 134. File contains borrower attestation letter with photos of mended boards and meets fnma guidelines. 1004D was not required. | 09/18/2025 | Primary Value Subject Property Appraisal is completed on an As-Is Basis or Not Applicable; Attestation letter updated | 09/19/2025 | Borrower has stable job time - Borrower has 22.68 years on job. C A |
| &nbsp;&nbsp;&nbsp;999 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/12/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 22.68 years on job. C A |
| &nbsp;&nbsp;&nbsp;999 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/12/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 22.68 years on job. C A |
| &nbsp;&nbsp;&nbsp;15 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCRE0377 | Credit | The Total Hazard Coverage is LESS than the Required Coverage Amount | The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). | Document Uploaded. | 09/19/2025 | Documentation is sufficient. RCE provided. Exception resolved.; The Total Hazard Coverage is greater than or equal to the Required Coverage Amount | 09/21/2025 | C A |
| &nbsp;&nbsp;&nbsp;15 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;15 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;998 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Curative | 09/09/2025 | Resolved | finding-3652 | Compliance | Lender Credits That Cannot Decrease Test | This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($0.00) does not exceed or equal the comparable sum of specific and non-specific lender credits ($50.00). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). Document Cure Required. Refund in the amount of $50.00; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC.<br> The CD issued XXX reflects the Lender is paying $50.00 of the Appraisal fee, but the Lender paid amount was removed on the CD issued XXX without a valid reason. | Document Uploaded. | 09/26/2025 | PCCD provided; Exception resolved; PCCD provided; Exception resolved | 09/29/2025 | Borrower has stable job time - Borrower has 14.3 years on job. D A C |
| &nbsp;&nbsp;&nbsp;998 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Curative | 09/08/2025 | Resolved | FCRE1328 | Credit | Borrower 1 W2/1099 Missing | Borrower 1 W2/1099 Missing. Lender to provide 2024 W2 from borrower 1 | B1 is self employed (owns 2 businesses). The borrower does not receive wage income from business XXX, W-2's are not required. The borrower does receive w-2 income for XXX. Form 1125-E was provided on page 303 of the ICP. A w-2 is not required. | 09/18/2025 | Borrower 1 W2/1099 Provided | 09/18/2025 | Borrower has stable job time - Borrower has 14.3 years on job. D A C |
| &nbsp;&nbsp;&nbsp;998 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Curative | 09/08/2025 | Resolved | FCRE1764 | Credit | Missing Verification of Mortgage | Provide verification of mortgage for primary residence or verify free and clear. 2023 sch A shows mortgage interest. | Document Uploaded. The borrower's primary residence is owned free and clear, proof of payoff of loan #XXX is page 87 of the ICP - loan was paid off 10/2023. Taxes are on page 923-924 of the ICP. Insurance policy is on page 766-772 of the ICP. | 09/18/2025 | Resolved Document Uploaded. The borrower's primary residence is owned free and clear, proof of payoff of loan #XXX is page 87 of the ICP - loan was paid off 10/2023. Taxes are on page 923-924 of the ICP. Insurance policy is on page 766-772 of the ICP. | 09/18/2025 | Borrower has stable job time - Borrower has 14.3 years on job. D A C |
| &nbsp;&nbsp;&nbsp;998 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | QM: Safe Harbor APOR (APOR SH) | Curative | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 14.3 years on job. D A C |
| &nbsp;&nbsp;&nbsp;529 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IN | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 13.78 years on job. A |
| &nbsp;&nbsp;&nbsp;258 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Acknowledged | FPRO2924 | Property | Property Inspection Waiver Used at Origination | Property Inspection Waiver or Appraisal Waiver used as origination valuation product. LP Approved with an appraisal waiver. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 16.55 years on job. B A |
| &nbsp;&nbsp;&nbsp;258 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 16.55 years on job. B A |
| &nbsp;&nbsp;&nbsp;258 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 16.55 years on job. B A |
| &nbsp;&nbsp;&nbsp;258 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 16.55 years on job. B A |
| &nbsp;&nbsp;&nbsp;267 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE1159 | Credit | Hazard Insurance Effective Date is after the Disbursement Date | Hazard Insurance Effective Date of XXX is after the Disbursement Date of XXX. Prior policy was not provided for review | Document Uploaded. PCCD showing XXX Disbursement in file | 09/17/2025 | Hazard Insurance Effective Date of XXX is prior to or equal to the Disbursement Date of XXX Or Hazard Insurance Effective Date Is Not Provided.; PCCD | 09/19/2025 | Borrower has stable job time - Borrower has 10.92 years on job. C A |
| &nbsp;&nbsp;&nbsp;330 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | finding-3800 | Compliance | Qualified Mortgage Lending Policy Points and Fees Test | This loan has points and fees that exceed the points and fees threshold. (12 CFR 1026.43(e)(3))The loan amount is $134,841.00 or more, and the transaction's total points and fees is $9,060.80, which exceeds 3 percent of the total loan amount of $XXX; orThe loan amount is less than $134,841.00 but at least $80,905.00, and the transaction's total points and fees is $9,060.80, which exceeds $4,045.00; orThe loan amount is less than $80,905.00 but at least $26,968.00, and the transaction's total points and fees is $9,060.80, which exceeds 5 percent of the total loan amount of $XXX; orThe loan amount is less than $26,968.00 but at least $16,855.00, and the transaction's total points and fees is $9,060.80, which exceeds $1,348.00; orThe loan amount is less than $16,855.00 and the transaction's total points and fees is $9,060.80, which exceeds 8 percent of the total loan amount of $XXX. Cure of $1605.59 required for fees that exceed the threshold; fees included in testing are Discount points of $7560.80 and Origination fees of $1500.00. Provide undiscounted rate or cure. Cure requires PCCD, LOE, copy of refund check, and proof of mailing. | Document Uploaded. | 09/18/2025 | Undiscounted rate provided; exception resolved | 09/18/2025 | Borrower has stable job time - Borrower has 12.93 years on job. C A |
| &nbsp;&nbsp;&nbsp;330 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 12.93 years on job. C A |
| &nbsp;&nbsp;&nbsp;330 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 12.93 years on job. C A |
| &nbsp;&nbsp;&nbsp;263 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Rescinded | FCRE2009 | Credit | Rent Loss Insurance Missing | Missing rent loss insurance coverage Fair market rent loss is included in the policy amount is not listed. |  |  | Not required. | 09/19/2025 | A |
| &nbsp;&nbsp;&nbsp;263 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Qualifying DTI below max allowed. - Calculated DTI of 34.1% is less than Guideline DTI of 49.16%<br> Borrower has stable job time - Borrower has 6.34 years on job.<br> A |
| &nbsp;&nbsp;&nbsp;263 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Qualifying DTI below max allowed. - Calculated DTI of 34.1% is less than Guideline DTI of 49.16%<br> Borrower has stable job time - Borrower has 6.34 years on job.<br> A |
| &nbsp;&nbsp;&nbsp;256 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | QM: Safe Harbor APOR (APOR SH) | Curative | 09/09/2025 | Acknowledged | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 14.98 years on job. B A |
| &nbsp;&nbsp;&nbsp;256 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | QM: Safe Harbor APOR (APOR SH) | Curative | 09/08/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 14.98 years on job. B A |
| &nbsp;&nbsp;&nbsp;256 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | QM: Safe Harbor APOR (APOR SH) | Curative | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 14.98 years on job. B A |
| &nbsp;&nbsp;&nbsp;347 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE1332 | Credit | Borrower 1 Paystubs Less Than 1 Month Provided | Borrower 1 Paystubs Less Than 1 Month Provided The paystub must:<br> • Be dated no earlier than 30 days prior to the initial loan application date,<br> • Include all year-to-date earnings, and<br> • Include sufficient information to appropriately calculate income. |  |  | Borrower 1 Paystubs Less Than 1 Month Provided Condition Resolved | 09/19/2025 | C A |
| &nbsp;&nbsp;&nbsp;347 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 25.41% exceeds AUS DTI of 24.89% | This is not a valid finding. DTI does not breach 45 and did not increase by 3% - please clear | 09/17/2025 | Audited DTI of 25.41% is less than or equal to AUS DTI of 24.89% | 09/19/2025 | C A |
| &nbsp;&nbsp;&nbsp;347 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;341 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Rescinded | FCRE7496 | Credit | Missing Verification of Subject Property Taxes, Insurance, HOA or Other Payments | XXX: missing HOA docs | Document Uploaded. Provided in original submission | 09/17/2025 | HOA statement for 249 Bethany Home Dr in file; rescind. | 09/18/2025 | A |
| &nbsp;&nbsp;&nbsp;341 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Rescinded | FCRE1324 | Credit | Borrower 1 Tax Returns Not Signed | Borrower 1 Tax Returns Not Signed Tax Returns are signed see page 132 | Document Uploaded. esignature provided and was already in file | 09/17/2025 | 1040 is e-signed; rescind. | 09/18/2025 | A |
| &nbsp;&nbsp;&nbsp;341 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 3.18 years on job. A |
| &nbsp;&nbsp;&nbsp;788 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 54.51% exceeds AUS DTI of 48% Income considered during review:<br> B1: 12,530.42+843.18<br> B2: 4235.02 +4653.13<br> B3: 8333.34<br> Income listed on 1008 is not documented in file. | Finding Invalid. The investor is not accounting for Comission and Bonus income for B3 XXX. We have WVOE on ICP pg392 from employer XXX. XXX used YTD + 1 prev year of Comission income analysis $9,208.07 and Bonus $2,151.83. | 09/18/2025 | Secondary review of bonus and commission income for B3; Audited DTI of 48.68% is less than or equal to AUS DTI of 48.68%; Audited DTI of 48.68% exceeds AUS DTI of 48% | 09/19/2025 | Borrower has stable job time - Borrower has 3.25 years on job. C A |
| &nbsp;&nbsp;&nbsp;788 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 3.25 years on job. C A |
| &nbsp;&nbsp;&nbsp;329 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Acknowledged | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing Please provide Affiliated Business Disclosure for any lender affiliates or lenders privacy notice if there are no affiliates. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | B A |
| &nbsp;&nbsp;&nbsp;329 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Acknowledged | FCOM3608 | Compliance | Intent to Proceed is Missing | The intent to proceed is missing. The intent to proceed is missing. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | B A |
| &nbsp;&nbsp;&nbsp;329 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | B A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;329 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | B A |
| &nbsp;&nbsp;&nbsp;357 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 17.84 years on job. A |
| &nbsp;&nbsp;&nbsp;357 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 17.84 years on job. A |
| &nbsp;&nbsp;&nbsp;943 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | DE | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 7.94 years on job. A |
| &nbsp;&nbsp;&nbsp;943 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | DE | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 7.94 years on job. A |
| &nbsp;&nbsp;&nbsp;943 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | DE | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 7.94 years on job. A |
| &nbsp;&nbsp;&nbsp;460 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 16.24 years on job. A |
| &nbsp;&nbsp;&nbsp;510 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;510 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;497 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;497 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;497 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;555 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CO | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 2.88 years on job. A |
| &nbsp;&nbsp;&nbsp;461 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Rescinded | FCRE2009 | Credit | Rent Loss Insurance Missing | Missing rent loss insurance coverage Hazard declaration pages reflects Fair Rental loss is included, missing number of months or amount. Provide documentation to disclose amount or percentage of rent loss insurance coverage. |  |  | Not required. | 09/19/2025 | A |
| &nbsp;&nbsp;&nbsp;461 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 2.55 years on job. A |
| &nbsp;&nbsp;&nbsp;463 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE1159 | Credit | Hazard Insurance Effective Date is after the Disbursement Date | Hazard Insurance Effective Date of XXX is after the Disbursement Date of XXX. Provide policy reflecting effective date of no later than XXX | Document Uploaded. Final CD pg 560 reflects disbursement date XXX. Hazard policy pg 655 effective date is XXX. Policy is acceptable. | 09/18/2025 | Hazard Insurance Effective Date of XXX is prior to or equal to the Disbursement Date of XXX Or Hazard Insurance Effective Date Is Not Provided.; Updated HOI | 09/18/2025 | Borrower has stable job time - Borrower has 2.37 years on job. C A |
| &nbsp;&nbsp;&nbsp;463 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 48.47% exceeds AUS DTI of 48.3% difference in PITIA primary residence is causing the difference | Document Uploaded. Finding Invalid. The primary housing expense was accounted for accurately in AUS and in our income analysis. The mortgage payment verified via statement ICP pg.909, HOI pg.650 and Taxes pg.938. | 09/18/2025 | Audited DTI of 48.47% is less than or equal to AUS DTI of 48.47% | 09/18/2025 | Borrower has stable job time - Borrower has 2.37 years on job. C A |
| &nbsp;&nbsp;&nbsp;463 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 2.37 years on job. C A |
| &nbsp;&nbsp;&nbsp;507 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE1440 | Credit | Housing History Does Not Meet Guideline Requirements | Housing History Does Not Meet Guideline Requirements Missing a total of 12 mos payment history to landlord. XXX acct, total of 5 mos verifed | Finding invalid. Per DU 12, we met requirement to verify primary housing payment. The borrower rents their primary residence at XXX at $1,800 per month. We have the copy of executed lease agreement and 2 months proof of rent payment being made via XXX with XXX account. ICP pg.123 (Lease agreement) and proof of payments pg.161-165. | 09/18/2025 | Housing History Meets Guideline Requirements; Per the lease agreement and bank statement - verified rental history | 09/18/2025 | Borrower has stable job time - Borrower has 5.74 years on job. C A |
| &nbsp;&nbsp;&nbsp;507 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 5.74 years on job. C A |
| &nbsp;&nbsp;&nbsp;613 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/26/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  | 09/26/2025 | Borrower has stable job time - Borrower has 14.12 years on job. A |
| &nbsp;&nbsp;&nbsp;544 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NV | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 20.41 years on job. A |
| &nbsp;&nbsp;&nbsp;544 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NV | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 20.41 years on job. A |
| &nbsp;&nbsp;&nbsp;769 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines. |  |  | Informational; ; Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;847 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 11.07 years on job. A |
| &nbsp;&nbsp;&nbsp;704 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | UT | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines. |  |  | Informational; ; Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;533 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 3.57 years on job. A |
| &nbsp;&nbsp;&nbsp;533 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 3.57 years on job. A |
| &nbsp;&nbsp;&nbsp;465 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;465 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;548 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Curative | 09/09/2025 | Rescinded | FCRE7347 | Credit | Missing Lease Agreement | Missing lease agreements for all investment properties | The subject property is vacant and the 1007 was provided on page 480 of the ICP, a lease is not required. The borrower has 2 additional investment properties, rental income is not being used, leases are not required. | 09/18/2025 | Documentation is sufficient. Acceptable documentation is in file for subject property, rental income not being used for other properties. Exception rescinded. | 09/19/2025 | A |
| &nbsp;&nbsp;&nbsp;548 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Curative | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 15.59 years on job. A |
| &nbsp;&nbsp;&nbsp;708 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NV | ATR/QM: Exempt | Curative | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 2.26 years on job. A |
| &nbsp;&nbsp;&nbsp;551 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Acknowledged | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 12.44 years on job. D B A |
| &nbsp;&nbsp;&nbsp;551 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FCRE0386 | Credit | Borrower 1 Photo Identification not provided | Borrower 1 Photo Identification not provided. Borrower 1 Photo Identification not provided or US Patriot act disclosure is missing. | Document Uploaded. | 09/19/2025 | Documentation is sufficient. Patriot Act provided. Exception resolved.; Photo Identification provided. | 09/20/2025 | Borrower has stable job time - Borrower has 12.44 years on job. D B A |
| &nbsp;&nbsp;&nbsp;551 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan.<br> Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 12.44 years on job. D B A |
| &nbsp;&nbsp;&nbsp;895 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | PA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 6.62 years on job. A |
| &nbsp;&nbsp;&nbsp;511 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ID | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE5116 | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. According to the mortgage statement and credit supplement in the loan file, the first lien loan for the primary residence is due for the 6/2025 payment. The subject loan closed XXX, therefore confirmation of the 6/2025 payment is required. | Document Uploaded. | 09/25/2025 | Credit supplement provided showing mortgage is current with no late payments. Exception resolved. ; Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing | 09/26/2025 | Borrower has stable job time - Borrower has 10.86 years on job. D C A |
| &nbsp;&nbsp;&nbsp;511 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ID | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Acknowledged | FPRO2924 | Property | Property Inspection Waiver Used at Origination | Property Inspection Waiver or Appraisal Waiver used as origination valuation product. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 10.86 years on job. D C B A |
| &nbsp;&nbsp;&nbsp;511 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ID | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Rescinded | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Lender to provide verification of the HOA dues for the primary residence property. | Document Uploaded. Invalid - Documents were already provided - Primary residence XXX. HOA pg 430. $200 annual and matches 1003 with monthly payment of $16.66. | 09/19/2025 | Documentation is sufficient. HOA document in file. Exception rescinded. | 09/20/2025 | D C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;511 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ID | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 10.86 years on job. D C A |
| &nbsp;&nbsp;&nbsp;511 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ID | ATR/QM: Exempt | Loan Review Complete | 10/02/2025 | Open | FPRO9990 | Property | Third Party Valuation Product Not Provided within 10% Tolerance | Loan originated with a PIW, BPO ordered. Value not supported. Field Review ordered. |  |  |  | 10/02/2025 | Borrower has stable job time - Borrower has 10.86 years on job. D C A |
| &nbsp;&nbsp;&nbsp;828 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 38.5% exceeds AUS DTI of 31% Audit DTI is 38.5% and exceeds AUS DTI of 31% by 7.5% due to the total housing payment of the primary residence of $9155.12 and subject property at $3801.01 was not fully utilized | The appraisal confirms that the tenant is on a month to month lease at $1200 per month. In that case, XXX would be Unit XXX: market rent $2500 x 75% = $1875 Unit XXX: $1200 x 75% = $900. Total $2775 - PITI $3256.13 = $-481.13 which is the figure used by the lender. ; I recalculated and my DTI supports the lender's.<br> XXX $9155.12<br> XXX $-256.13 (market rent $4000 x 75% - PITI $3256.13)<br> XXX $-743.77<br> Credit report $3395<br> Total liabilities $13550.02 | 09/25/2025 | Rental income recalculated, DTI meets GLs. Exception resolved. ; Audited DTI of 31.68% is less than or equal to AUS DTI of 31%; Appraisal shows unit 2 of the subject was tenant occupied. Please provide a copy of the lease agreement, as required per the FHLMC Selling Guide. | 09/26/2025 | Borrower has stable job time - Borrower has 18.75 years on job. C A |
| &nbsp;&nbsp;&nbsp;598 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 4.19 years on job. A |
| &nbsp;&nbsp;&nbsp;598 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 4.19 years on job. A |
| &nbsp;&nbsp;&nbsp;607 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CO | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 6.37 years on job. A |
| &nbsp;&nbsp;&nbsp;610 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MO | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | No property findings Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;610 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MO | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;610 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MO | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;921 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ME | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE1204 | Credit | Fraud Report Shows Uncleared Alerts | Fraud Report Shows Uncleared Alerts Possible match for real agent agent on SAM.gov | Document Uploaded. Realtor: XXX<br> Alert: XXX | 09/24/2025 | Documentation clearing the alert has been provided, exception resolved. ; All Fraud Report Alerts have been cleared or None Exist | 09/25/2025 | Borrower has stable job time - Borrower has 2.53 years on job. C A |
| &nbsp;&nbsp;&nbsp;921 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ME | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 2.53 years on job. C A |
| &nbsp;&nbsp;&nbsp;630 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 4.93 years on job. A |
| &nbsp;&nbsp;&nbsp;630 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 4.93 years on job. A |
| &nbsp;&nbsp;&nbsp;618 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FCRE5116 | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. According to the mortgage statement in the loan file, the primary residence first lien is due for the 6/2025 payment. The subject loan closed XXX, therefore confirmation of the 6/2025 payment is required. | Document Uploaded. The finding is invalid. The mortgage verification found on pg. 67-68 ICP - submitted in original upload | 09/18/2025 | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing. confirmation of the 6/2025 payment is on credit report | 09/18/2025 | Borrower has stable job time - Borrower has 11.03 years on job. D A |
| &nbsp;&nbsp;&nbsp;618 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 11.03 years on job. D A |
| &nbsp;&nbsp;&nbsp;618 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 11.03 years on job. D A |
| &nbsp;&nbsp;&nbsp;1032 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Rescinded | FCOM1274 | Compliance | Escrow Waiver is Missing | Escrow Waiver is Missing | Document Uploaded. Escrows are included on Final CD. The escrow account authorization form e-signed by borrower indicating escrow account is required is on pg 422. | 09/18/2025 | Escrow waiver not required; Exception resolved; Escrow waiver not required; Exception resolved | 09/18/2025 | A |
| &nbsp;&nbsp;&nbsp;1032 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 2.17 years on job. A |
| &nbsp;&nbsp;&nbsp;882 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IL | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE7496 | Credit | Missing Verification of Subject Property Taxes, Insurance, HOA or Other Payments | DU reflects "other" $81.79 included in the subject property PITIA calculation. Provide documentation to support $81.79 "Other". | Document Uploaded. It appears the "Other" expense is the Homeowner's Exemption. $981.50 / 12 = $81.79. | 09/29/2025 | Lender verified other expense as a tax expense, exception resolved. | 09/30/2025 | D A |
| &nbsp;&nbsp;&nbsp;882 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IL | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Provide evidence of $175.00 per month HOA fee for the primary residence. | Document Uploaded. Provided in original submission | 09/17/2025 | HOA verified | 09/19/2025 | D A |
| &nbsp;&nbsp;&nbsp;882 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IL | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | D A |
| &nbsp;&nbsp;&nbsp;528 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | PA | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines. |  |  | Informational; ; Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;530 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MT | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 7.61 years on job. A |
| &nbsp;&nbsp;&nbsp;530 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MT | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 7.61 years on job. A |
| &nbsp;&nbsp;&nbsp;530 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MT | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 7.61 years on job. A |
| &nbsp;&nbsp;&nbsp;524 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 3.4 years on job. A |
| &nbsp;&nbsp;&nbsp;691 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IL | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 10.41 years on job. A |
| &nbsp;&nbsp;&nbsp;624 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE1491 | Credit | Asset Qualification Does Not Meet Guideline Requirements | Asset Qualification Does Not Meet Guideline Requirements The borrower has a large deposit from XXX for $200,000. This is the funds the borrower's used to close. Its on pg#169 and I does not seem to be sourced. | Document Uploaded. Please see attached | 09/18/2025 | Asset Qualification Meets Guideline Requirements; Proceeds verified. | 09/19/2025 | C A |
| &nbsp;&nbsp;&nbsp;624 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Rescinded | FCRE2007 | Credit | Loan Agreement Missing | Missing loan agreement as required per guidelines or as referenced in the loan file. Loan agreement is not in the file | I'm sorry, but what is a Loan Agreement? Are you looking for something in particular? Thanks! | 09/18/2025 | Not required; Loan Agreement Present | 09/19/2025 | C A |
| &nbsp;&nbsp;&nbsp;624 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Rescinded | FCRE2500 | Credit | Missing Personal Guaranty | Missing Personal Guaranty. Personal Guaranty is no tin the file. | I'm sorry, I've never been asked for this before. What is it that you're looking for? Thanks! | 09/18/2025 | Not required; Personal Guaranty provided. | 09/19/2025 | C A |
| &nbsp;&nbsp;&nbsp;594 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 18.13 years on job. A |
| &nbsp;&nbsp;&nbsp;759 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AL | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO1500 | Property | HOA Questionnaire is Missing | HOA Questionnaire Missing | Document Uploaded. Condo questionnaire is on pg 254-264. CPM.10% reserves verified. no litigation. number of units XXX, all units complete | 09/18/2025 | HOA Questionnaire Provided | 09/18/2025 | D A |
| &nbsp;&nbsp;&nbsp;1024 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;1024 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;582 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 5.4 years on job. A |
| &nbsp;&nbsp;&nbsp;574 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OK | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Rescinded | FCRE1440 | Credit | Housing History Does Not Meet Guideline Requirements | Housing History Does Not Meet Guideline Requirements Missing previous housing payment history for a total of 12 mos | Document Uploaded. All supporting documents provided in original submission | 09/17/2025 | Attached is FPL and Note for XXX for a property in MN and is not relative to a VOR, however, the AUS doe not require a VOR; rescind. | 09/18/2025 | A |
| &nbsp;&nbsp;&nbsp;574 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OK | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Rescinded | FCRE1316 | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing Last paystub dated XXX is within 10 business days prior to note date of XXX | Finding contradicts itself. Paystubs dated within 15 business days can be used as VOE. XXX paystub is only 6 business days from XXX | 09/17/2025 | Per FHLMC 5302.2, a VOE can be satisfied in the form of a paystub dated within 30d prior the Note date or a bank statement showing direct deposit of the borrower's income within 30 calendar days of the Note date; exception rescinded. | 09/18/2025 | A |
| &nbsp;&nbsp;&nbsp;574 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OK | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;595 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Acknowledged | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 17.19 years on job. B A |
| &nbsp;&nbsp;&nbsp;595 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 17.19 years on job. B A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;595 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 17.19 years on job. B A |
| &nbsp;&nbsp;&nbsp;581 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO1500 | Property | HOA Questionnaire is Missing | HOA Questionnaire Missing HOA Questionnaire Missing | Document Uploaded. Already provided | 09/18/2025 | HOA Questionnaire Provided | 09/19/2025 | Borrower has stable job time - Borrower has 4.04 years on job. D A |
| &nbsp;&nbsp;&nbsp;581 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Rescinded | FCRE1180 | Credit | HO-6 Insurance Policy is Missing | HO-6 Insurance Policy is Missing HO-6 Insurance Policy is Missing | Finding is invalid. HOI not escrowed per Final CD. Master policy included guaranteed replacement cost and walls-in, H-06 not required. | 09/18/2025 | Agree-Finding is invalid. HOI not escrowed per Final CD. Master policy included guaranteed replacement cost and walls-in, H-06 not required. | 09/18/2025 | D A |
| &nbsp;&nbsp;&nbsp;581 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Rescinded | FCRE2900 | Credit | Borrower Non-US Citizen Identification Document Missing | Non US Citizen Borrower is missing Identification Document. Non US Citizen Borrower is missing Identification Document. | Document Uploaded. Finding is invalid. Unexpired VISA found pg 547. | 09/18/2025 | Rescinded in file pg 547; Non US Citizen Borrower is missing Identification Document. In file pg 547; Non US Citizen Borrower is missing Identification Document. In file pg 547 | 09/18/2025 | D A |
| &nbsp;&nbsp;&nbsp;581 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO0951 | Property | Condo Approval Missing | Condo Approval Missing. Condo approval is Missing. | Document Uploaded. CPM provided in original submission | 09/18/2025 | Condo Approval is provided. | 09/18/2025 | Borrower has stable job time - Borrower has 4.04 years on job. D A B |
| &nbsp;&nbsp;&nbsp;946 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 10.88 years on job. A |
| &nbsp;&nbsp;&nbsp;536 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;578 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NV | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 35.1 years on job. A |
| &nbsp;&nbsp;&nbsp;791 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IN | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 33.49 years on job. A |
| &nbsp;&nbsp;&nbsp;791 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IN | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 33.49 years on job. A |
| &nbsp;&nbsp;&nbsp;719 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FVAL1628 | Property | No HOA fees on appraisal and property identified as a PUD | Lender to provide updated page 1 of appraisal with HOA amount. | Document Uploaded. Previously provided in initial submission | 09/17/2025 | Resolved with uploaded Document 1st page of appraisal with HOA | 09/18/2025 | C A |
| &nbsp;&nbsp;&nbsp;719 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OR | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | C A |
| &nbsp;&nbsp;&nbsp;710 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 15.69 years on job. A |
| &nbsp;&nbsp;&nbsp;710 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 15.69 years on job. A |
| &nbsp;&nbsp;&nbsp;710 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 15.69 years on job. A |
| &nbsp;&nbsp;&nbsp;762 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;561 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 3.24 years on job. A |
| &nbsp;&nbsp;&nbsp;731 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 30.06% exceeds AUS DTI of 23.14% Auditor calculated DTI ratios of 9.31% / 30.06%. Lender, via AUS, calculated DTI ratios of 8.67% / 23.14%. The variance is due to a difference in how the primary residence payment was treated. The auditor's calculation includes the full PITI for the primary residence, whereas the lender's AUS calculation is reporting the primary as a negative cash flow to the subject property. This difference in methodology results in the DTI discrepancy. | Document Uploaded. The client has removed the rental income and updated the 1003, 1008 and AUS. | 09/25/2025 | DU with revised DTI of 29.43% was provided. Audit DTI meets DU, exception resolved. ; Audited DTI of 30.06% is less than or equal to AUS DTI of 29.43% | 09/26/2025 | D B C A |
| &nbsp;&nbsp;&nbsp;731 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Acknowledged | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Documentation required to clear exception: The document provided indicates that the borrower either received, or chose to waive the right to receive the appraisal at least 3 days prior to consummation, but does not confirm the borrower received the appraisal at or prior to consummation. Provide documentation to show the date the borrower received the appraisal to confirm it was received by the borrower timely. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | D B A |
| &nbsp;&nbsp;&nbsp;731 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FCRE1316 | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing BW1 is not employed | Finding is invalid. BWR1 income was not given/used to qualify | 09/18/2025 | Borrower 1 3rd Party VOE Prior to Close Was Provided | 09/18/2025 | D B A |
| &nbsp;&nbsp;&nbsp;731 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | D B A |
| &nbsp;&nbsp;&nbsp;797 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OK | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 3.54 years on job. A |
| &nbsp;&nbsp;&nbsp;797 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OK | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 3.54 years on job. A |
| &nbsp;&nbsp;&nbsp;717 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ID | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Rescinded | FCRE1159 | Credit | Hazard Insurance Effective Date is after the Disbursement Date | Hazard Insurance Effective Date of XXX is after the Disbursement Date of XXX. All XXX HOI dec pages and corresponding docs show effective date of XXX, so this appears to be accurate. | Document Uploaded. Invalid - disbursement date XXX on CD pg 267. Hazard pg 344 effective date XXX. None of the CD's provided show XXX as a disbursement date | 09/19/2025 | Documentation is sufficient. Disbursement date matches the Hazard policy effective date. the Exception rescinded. | 09/20/2025 | A |
| &nbsp;&nbsp;&nbsp;3 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | UT | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Rescinded | FCRE1354 | Credit | Borrower 2 Tax Returns Not Signed | Borrower 2 Tax Returns Not Signed Personal nor business returns not signed by both borrowers | Document Uploaded. Transcripts were provided | 09/17/2025 | Joint IRS 1040, & 1120-S Tax Transcript for 2024 provided in lieu of tax return; condition rescinded. | 09/18/2025 | A |
| &nbsp;&nbsp;&nbsp;3 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | UT | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Rescinded | FCRE1324 | Credit | Borrower 1 Tax Returns Not Signed | Borrower 1 Tax Returns Not Signed | Document Uploaded. Transcripts were provided | 09/17/2025 | Joint IRS 1040, & 1120-S Tax Transcript for 2024 provided in lieu of tax return; condition rescinded. | 09/18/2025 | A |
| &nbsp;&nbsp;&nbsp;3 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | UT | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Rescinded | FCRE1180 | Credit | HO-6 Insurance Policy is Missing | HO-6 Insurance Policy is Missing | Document Uploaded. Master policy that was already provided clearly outlines walls in coverage on page 2 | 09/17/2025 | Master Policy reflects All-In/Walls-In coverage; HO-6 not required; condition rescinded. | 09/18/2025 | A |
| &nbsp;&nbsp;&nbsp;3 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | UT | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;4 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 6.02 years on job. A |
| &nbsp;&nbsp;&nbsp;4 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 6.02 years on job. A |
| &nbsp;&nbsp;&nbsp;4 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 6.02 years on job. A |
| &nbsp;&nbsp;&nbsp;599 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | ATR/QM: Exempt | Curative | 09/10/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 50.57% exceeds AUS DTI of 37% Audit DTI of 50.57% exceeds AUS of 37% by 13.57% due to an increase in the PITI net rental income | Document Uploaded. | 09/18/2025 | Documentation is sufficient. Sched E calculations provided. Exception resolved.; Audited DTI of 30.17% is less than or equal to AUS DTI of 37% | 09/19/2025 | Borrower has stable job time - Borrower has 9.49 years on job. C A |
| &nbsp;&nbsp;&nbsp;1020 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ID | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 6.52 years on job. A |
| &nbsp;&nbsp;&nbsp;800 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 13.81 years on job. A |
| &nbsp;&nbsp;&nbsp;800 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 13.81 years on job. A |
| &nbsp;&nbsp;&nbsp;771 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 11.64 years on job. A |
| &nbsp;&nbsp;&nbsp;1023 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Rescinded | FCRE1248 | Credit | Purchase is not considered to be an Arm's Length Transaction | Purchase is not considered to be an Arm's Length Transaction | Please clarify. Non-arms length transactions are acceptable. This should not be a material finding. | 09/18/2025 |  |  | A |
| &nbsp;&nbsp;&nbsp;1023 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;693 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CO | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines. |  |  | Informational; ; Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;1035 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 9.55 years on job. A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;1035 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 9.55 years on job. A |
| &nbsp;&nbsp;&nbsp;978 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Provide mortgage statement, tax bills and HOI premiums for XXX to determine housing obligations | Document Uploaded. ; Document Uploaded. Provided in submission - DRIVE report contains verification of mtg payment and taxes | 09/18/2025 | Documentation is sufficient. Mortgage Statement provided. Exception resolved. | 09/19/2025 | Borrower has stable job time - Borrower has 25.94 years on job. D A |
| &nbsp;&nbsp;&nbsp;978 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 25.94 years on job. D A |
| &nbsp;&nbsp;&nbsp;944 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | PA | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;884 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MA | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 19.78 years on job. A |
| &nbsp;&nbsp;&nbsp;884 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MA | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 19.78 years on job. A |
| &nbsp;&nbsp;&nbsp;972 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCRE0377 | Credit | The Total Hazard Coverage is LESS than the Required Coverage Amount | The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). | Document Uploaded. RCE provided in original submission - 478,370.72 | 09/19/2025 | Documentation is sufficient. RCE provided. Exception resolved.; The Total Hazard Coverage is greater than or equal to the Required Coverage Amount | 09/20/2025 | Borrower has stable job time - Borrower has 15.56 years on job. C A |
| &nbsp;&nbsp;&nbsp;972 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 15.56 years on job. C A |
| &nbsp;&nbsp;&nbsp;786 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 58.41% exceeds AUS DTI of 49.13% Lender's 1008 and AUS shows the mortgages on the primary residence were excluded from the ratios. A credit supplement was provided showing the second mortgage was paid off prior to closing; however, the supplement shows the first mortgage as still open. Please provide evidence the first mortgage on the primary residence was paid off prior to closing, or provide documentation indicating why it should be excluded from the ratios. | Document Uploaded. | 09/24/2025 | Evidence 1st mortgage lien (XXX #XXX) on primary residence was paid off is in the file, exception resolved. ; Audited DTI of 48.05% is less than or equal to AUS DTI of 49.13% | 09/25/2025 | Borrower has stable job time - Borrower has 16.77 years on job. C B A |
| &nbsp;&nbsp;&nbsp;786 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Acknowledged | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing Documentation required to clear exception: Please provide Affiliated Business Disclosure or confirmation the lender has no affiliates. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 16.77 years on job. C B A |
| &nbsp;&nbsp;&nbsp;786 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 16.77 years on job. C B A |
| &nbsp;&nbsp;&nbsp;850 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines. |  |  | Informational; ; Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;901 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Rescinded | FCRE1192 | Credit | Audited Reserves are less than AUS Required Reserves (Number of Months) | Audited Reserves of 5.92 month(s) are less than AUS Required Reserves of 6 month(s) Additional reserves required. | We have 2 mos bank statements as follow with total cash on hand of $109,649.11 and $22.216.61 in retirement account. We need 105257.24 to close and the liquid funds cover this amount. The reserves do not need the asset account to be liquid in order to cover the 6 mos reserves.<br> after meeting the required assets to close there is additional available funds of $4391.87 plus non liquid funds of $22,216.61 = available funds for reserves of $27,357.81 which cover the required reserves of $25,965.94 with excess of $642.54. | 09/22/2025 | Re analysis of Reserves; Reserves are sufficient, exception resolved.; Audited Reserves of 5.92 month(s) are greater than or equal to AUS Required Reserves of 0 month(s); Audited Reserves of 5.92 month(s) are less than AUS Required Reserves of 6 month(s); Audited Reserves of 5.92 month(s) are greater than or equal to AUS Required Reserves of 0 month(s) | 09/22/2025 | A |
| &nbsp;&nbsp;&nbsp;901 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TX | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 3.52 years on job. A |
| &nbsp;&nbsp;&nbsp;963 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IL | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Acknowledged | FCRE9785 | Credit | Purchase Contract is Incomplete | Loan Purpose is Purchase but Purchase Contract Doc is Incomplete The final CD reflects $200.00 seller concessions not disclosed within the purchase contract. Provide documentation to support $200.00 seller concessions. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 3.8 years on job. B A |
| &nbsp;&nbsp;&nbsp;963 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IL | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Rescinded | FCRE2009 | Credit | Rent Loss Insurance Missing | Missing rent loss insurance coverage Hazard declaration page does not reflect rent loss insurance coverage. Provide evidence of rent loss coverage. |  |  | Not required. | 09/19/2025 | B A |
| &nbsp;&nbsp;&nbsp;963 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IL | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 3.8 years on job. B A |
| &nbsp;&nbsp;&nbsp;928 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MO | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;928 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MO | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;668 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Acknowledged | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing Document Required: Missing Affiliated Business Disclosure from the file |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 7.84 years on job. B A |
| &nbsp;&nbsp;&nbsp;668 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 7.84 years on job. B A |
| &nbsp;&nbsp;&nbsp;668 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 7.84 years on job. B A |
| &nbsp;&nbsp;&nbsp;758 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MD | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines. |  |  | Informational; ; Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;890 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | PA | ATR/QM: Exempt | Loan Review Complete | 09/11/2025 | Resolved | FCRE1186 | Credit | Audited DTI Exceeds AUS DTI | Audited DTI of 36.27% exceeds AUS DTI of 26% AUS reflects DTI of 26%, however 1008 and file and debts and income match to 37%. Please provide updated 1003 and 1008 or correct AUS. | Document Uploaded. | 09/25/2025 | AUS with revised DTI provided. Audit DTI meets AUS, exception resolved. ; Audited DTI of 36.27% is less than or equal to AUS DTI of 37% | 09/26/2025 | Borrower has stable job time - Borrower has 13.45 years on job. D A C |
| &nbsp;&nbsp;&nbsp;890 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | PA | ATR/QM: Exempt | Loan Review Complete | 09/11/2025 | Resolved | FCRE7247 | Credit | Missing AUS Findings | AUS reflects DTI of 26%, however 1008 and file and debts and income match to 37%. Please provide updated 1003 and 1008 or correct AUS. | Document Uploaded. | 09/25/2025 | AUS with revised DTI provided, exception resolved. | 09/26/2025 | Borrower has stable job time - Borrower has 13.45 years on job. D A |
| &nbsp;&nbsp;&nbsp;890 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | PA | ATR/QM: Exempt | Loan Review Complete | 09/11/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 13.45 years on job. D A |
| &nbsp;&nbsp;&nbsp;914 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCRE1440 | Credit | Housing History Does Not Meet Guideline Requirements | Housing History Does Not Meet Guideline Requirements Missing verification of May 2025 monthly installment for XXX #XXX, #XXX, #XXX. | Document Uploaded. The attached mortgage statements verify the June payment and show no late fees, so it can be assumed May was paid on time. | 09/16/2025 | Housing History Meets Guideline Requirements; Housing History Does Not Meet Guideline Requirements | 09/18/2025 | Borrower has stable job time - Borrower has 7.62 years on job. D A C |
| &nbsp;&nbsp;&nbsp;914 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Missing verification of HOA for XXX and XXX | Document Uploaded. | 09/16/2025 | Verification of HOAs provided, exception resolved. | 09/18/2025 | Borrower has stable job time - Borrower has 7.62 years on job. D A |
| &nbsp;&nbsp;&nbsp;914 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 7.62 years on job. D A |
| &nbsp;&nbsp;&nbsp;914 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 7.62 years on job. D A |
| &nbsp;&nbsp;&nbsp;854 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 2.85 years on job. A |
| &nbsp;&nbsp;&nbsp;854 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 2.85 years on job. A |
| &nbsp;&nbsp;&nbsp;1056 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | UT | ATR/QM: Exempt | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines. |  |  | Informational; ; Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;910 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MI | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 7.73 years on job. A |
| &nbsp;&nbsp;&nbsp;910 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MI | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 7.73 years on job. A |
| &nbsp;&nbsp;&nbsp;929 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MI | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 7.73 years on job. A |
| &nbsp;&nbsp;&nbsp;929 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MI | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 7.73 years on job. A |
| &nbsp;&nbsp;&nbsp;923 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Acknowledged | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing Documentation required to clear exception: Please provide Affiliated Business Disclosure or confirmation the lender has no affiliates. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 8.46 years on job. B A |
| &nbsp;&nbsp;&nbsp;923 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 8.46 years on job. B A |
| &nbsp;&nbsp;&nbsp;923 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 8.46 years on job. B A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;845 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | KS | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCRE1316 | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing Verification of employment not done 10 days before closing | Document Uploaded. Provided in original upload | 09/18/2025 | Borrower 1 3rd Party VOE Prior to Close Was Provided | 09/22/2025 | Borrower has stable job time - Borrower has 9.47 years on job. D A |
| &nbsp;&nbsp;&nbsp;845 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | KS | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCRE0386 | Credit | Borrower 1 Photo Identification not provided | Borrower 1 Photo Identification not provided. | Document Uploaded. | 09/22/2025 | Photo Identification provided.; Photo ID provided | 09/22/2025 | Borrower has stable job time - Borrower has 9.47 years on job. D A |
| &nbsp;&nbsp;&nbsp;845 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | KS | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 9.47 years on job. D A |
| &nbsp;&nbsp;&nbsp;840 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WI | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 2.68 years on job. A |
| &nbsp;&nbsp;&nbsp;840 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WI | ATR/QM: Exempt | Loan Review Complete | 09/09/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 2.68 years on job. A |
| &nbsp;&nbsp;&nbsp;837 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IL | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 3.71 years on job. A |
| &nbsp;&nbsp;&nbsp;837 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IL | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 3.71 years on job. A |
| &nbsp;&nbsp;&nbsp;837 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IL | ATR/QM: Exempt | Loan Review Complete | 09/11/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 3.71 years on job. A |
| &nbsp;&nbsp;&nbsp;900 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 2.93 years on job. A |
| &nbsp;&nbsp;&nbsp;900 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 2.93 years on job. A |
| &nbsp;&nbsp;&nbsp;900 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 2.93 years on job. A |
| &nbsp;&nbsp;&nbsp;856 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | UT | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Acknowledged | FPRO2924 | Property | Property Inspection Waiver Used at Origination | Property Inspection Waiver or Appraisal Waiver used as origination valuation product. n/a- property inspection waiver allowed per AUS |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 6.77 years on job. B A |
| &nbsp;&nbsp;&nbsp;856 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | UT | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Rescinded | FCRE0377 | Credit | The Total Hazard Coverage is LESS than the Required Coverage Amount | The hazard insurance dwelling coverage of ($XXX) is insufficient, not meeting the required coverage amount of ($XXX). hazard insurance coverage of at least new loan amount $XXX is required | Policy provided in file clearly shows XXX coverage with 25% additional coverage = XXX in coverage | 09/19/2025 | Documentation is sufficient. Extended coverage on policy is adequate. Exception resolved.; The Total Hazard Coverage is greater than or equal to the Required Coverage Amount | 09/20/2025 | B A |
| &nbsp;&nbsp;&nbsp;856 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | UT | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 6.77 years on job. B A |
| &nbsp;&nbsp;&nbsp;834 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Acknowledged | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing Documentation Required missing ABD |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 13.83 years on job. B A |
| &nbsp;&nbsp;&nbsp;834 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 13.83 years on job. B A |
| &nbsp;&nbsp;&nbsp;834 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 13.83 years on job. B A |
| &nbsp;&nbsp;&nbsp;976 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCRE1180 | Credit | HO-6 Insurance Policy is Missing | HO-6 Insurance Policy is Missing Provide HO-6 coverage and premium amount | Final CD - not escrowed for insurance. Master policy shows Walls-in coverage. HO6 is not required. | 09/18/2025 | HO-6 Insurance Policy is fully present; updated the HOI | 09/18/2025 | Borrower has stable job time - Borrower has 9.4 years on job. D A |
| &nbsp;&nbsp;&nbsp;976 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Missing tax bills for XXX, XXX, XXX<br> Missing HOI/HO 6 premiums for XXX, XXX, XXX<br> Missing mortgage statements from XXX and XXX | Document Uploaded. Your finding is incorrect - the address used does not exist in the file - XXX, XXX XXX AND TAX XXX. XXX, XXX XXX AND TAX XXX (CD AMT MORE CONSERVATIVE). XXX HOI XXX-XXX. XXX\ DUE TO FREE AND CLEAR XXX (NO MTG). | 09/18/2025 | Updated final HOI, payment statement and appraisal. | 09/18/2025 | Borrower has stable job time - Borrower has 9.4 years on job. D A |
| &nbsp;&nbsp;&nbsp;976 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 9.4 years on job. D A |
| &nbsp;&nbsp;&nbsp;976 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/11/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 9.4 years on job. D A |
| &nbsp;&nbsp;&nbsp;899 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MA | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Rescinded | FCRE2009 | Credit | Rent Loss Insurance Missing | Missing rent loss insurance coverage The HOI declaration does not indicate any rent loss insurance coverage. |  |  | Not required. | 09/19/2025 | A |
| &nbsp;&nbsp;&nbsp;899 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MA | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 3.48 years on job. A |
| &nbsp;&nbsp;&nbsp;909 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Curative | 09/10/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 3.16 years on job. A |
| &nbsp;&nbsp;&nbsp;909 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Curative | 09/11/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 3.16 years on job. A |
| &nbsp;&nbsp;&nbsp;877 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NC | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;829 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CA | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 4.07 years on job. A |
| &nbsp;&nbsp;&nbsp;945 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MA | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 10.55 years on job. A |
| &nbsp;&nbsp;&nbsp;945 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MA | ATR/QM: Exempt | Loan Review Complete | 09/11/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 10.55 years on job. A |
| &nbsp;&nbsp;&nbsp;903 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Rescinded | FCRE1480 | Credit | Asset 2 Does Not Meet Guideline Requirements | Asset Record 2 Does Not Meet G/L Requirements For bank statements we are missing 2 months we only have one and a half. | Assets from Bank Accounts were not used, nor is the AUS requesting bank statements | 09/17/2025 | Assets not used, not required on AUS; rescind. | 09/19/2025 | B A |
| &nbsp;&nbsp;&nbsp;903 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Acknowledged | FPRO2924 | Property | Property Inspection Waiver Used at Origination | Property Inspection Waiver or Appraisal Waiver used as origination valuation product. Property waiver in the file |  |  | PIW used as value | 09/19/2025 | Borrower has stable job time - Borrower has 4.3 years on job. B A |
| &nbsp;&nbsp;&nbsp;903 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | AZ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 4.3 years on job. B A |
| &nbsp;&nbsp;&nbsp;912 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Acknowledged | finding-3367 | Compliance | RESPA Homeownership Counseling Organizations Disclosure Date Test | The HOC disclosure dated 06/02/2025 was issued more than 3 business days after the application date of XXX. This loan failed the homeownership counseling organizations disclosure date test due to the following findings: (12 CFR §1024.20(a))The loan has a homeownership counseling organizations disclosure date that is not within three business days of the loan originator's application date (or the date creditor received application if loan originator's application date is not provided); orThe homeownership counseling organizations disclosure date is after the closing date.Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than 30 days prior to the time when the list is provided to the loan applicant from either:(1)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(2)Data made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data.This calculation take into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1024.2(b) and as it relates to §1024.20 (list of homeownership counseling organizations provided not later than 3 business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayAs not being open on Memorial Day (05/26/2025)As not being open on SaturdayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.Please note: This test does not validate the content of any list of homeownership counseling organizations. |  |  | Exception non-material. Investor acknowledges exception | 10/01/2025 | Borrower has stable job time - Borrower has 2.36 years on job. C B A |
| &nbsp;&nbsp;&nbsp;912 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Resolved | finding-3635 | Compliance | Charges That In Total Cannot Increase More Than 10% Test | This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($2,213.10) exceed the comparable charges ($1,774.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). TILA 130b cure required:<br> Refund in the amount of $261.70<br> The 10% tolerance violation in the amount of $261.70 is due to an increase in title fees from the LE to CD (e-Recording, Settlement, Abstract and Processing fees); The COC does not provide an explanation for increase in title fees; Need PCCD or proof of refund check to the borrower in the amount of $261.70. | Document Uploaded. ; Title fees are subject to 100% as they started in Section C on the Initial LE and did not change on the Final CD as they are still in Section C. | 09/30/2025 | SSPL provided; Exception resolved; SSPL provided; Exception resolved; The SSPL provided in file is not dated within 3 days of the application therefore all fees are tested in 10% tolerance category | 10/01/2025 | Borrower has stable job time - Borrower has 2.36 years on job. C B A |
| &nbsp;&nbsp;&nbsp;912 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 2.36 years on job. C B A |
| &nbsp;&nbsp;&nbsp;912 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | TN | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 2.36 years on job. C B A |
| &nbsp;&nbsp;&nbsp;969 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Acknowledged | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing Provide Affiliated Business disclosure dated within 3 days of application XXX. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 8.56 years on job. D B A |
| &nbsp;&nbsp;&nbsp;969 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Missing tax bills and HOI premiums for XXX. Mortgage statement not provided and unable to determine primary PITI payment | Document Uploaded. Provided in original submission | 09/17/2025 | PITI Verified with mortgage statement<br> ; PITI Verified with mortgage statement | 09/19/2025 | Borrower has stable job time - Borrower has 8.56 years on job. D B A |
| &nbsp;&nbsp;&nbsp;969 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Rescinded | FCOM2002 | Compliance | Disclosed Escrow is Not Accurate on Final CD and/or PCCD | Disclosed Escrow is Not Accurate on Final CD and/or PCCD | Document Uploaded. Finding is invalid. CD is accurate at $804.80. CD escrow differ from 1st payment letter $0.13. Input is accurate and within tolerance. | 09/18/2025 | Escrow amounts are accurate; Exception resolved; Disclosed Escrow is Accurate on Final CD and PCCD | 09/18/2025 | D B A |
| &nbsp;&nbsp;&nbsp;969 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 8.56 years on job. D B A |

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| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Seller<br>Loan<br>Number** | **Originator** | **Last<br>Name** | **Note<br>Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan<br>Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception<br>Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception<br>Rebuttal<br>Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;940 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IN | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 2.98 years on job. A |
| &nbsp;&nbsp;&nbsp;940 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IN | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 2.98 years on job. A |
| &nbsp;&nbsp;&nbsp;875 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Acknowledged | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). The Appraisal was received by the borrower on XXX which is less than 3 business days from the consummation date of XXX |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 5.9 years on job. B A |
| &nbsp;&nbsp;&nbsp;875 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 5.9 years on job. B A |
| &nbsp;&nbsp;&nbsp;875 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 5.9 years on job. B A |
| &nbsp;&nbsp;&nbsp;977 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WI | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCOM1227 | Credit | PUD Rider is Missing | PUD Rider is Missing Appraisal states subject property is a PUD. Seller addendum A reflects annual HOA dues $227.64. Final closing statement reflects seller paid HOA dues | Document Uploaded. Property is a duplex, not a PUD | 09/19/2025 | Documentation is sufficient. Updated appraisal provided. Exception resolved.; The PUD Rider is Present or is Not Applicable (Property Type is Single Family Attached) | 09/21/2025 | D A |
| &nbsp;&nbsp;&nbsp;977 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | WI | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | D A |
| &nbsp;&nbsp;&nbsp;938 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NV | QM: Safe Harbor APOR (APOR SH) | Curative | 09/10/2025 | Resolved | FCRE4104 | Credit | Missing explanation and supporting documentation for large deposit(s) | Need bank statements showing deposit or transfer for deposits found on XXX statement for $71692.37 on 5/30 and 30725.30 on 5/30. | Finding not valid . PT back out large deposits in the amount of $71,692.37 and $30,725.30, due to unable to source them . However the assets tool still passed | 09/18/2025 | Updated assets, large deposits not required. | 09/18/2025 | Borrower has stable job time - Borrower has 15.33 years on job. D C A |
| &nbsp;&nbsp;&nbsp;938 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NV | QM: Safe Harbor APOR (APOR SH) | Curative | 09/11/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 15.33 years on job. D C A |
| &nbsp;&nbsp;&nbsp;938 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NV | QM: Safe Harbor APOR (APOR SH) | Curative | 09/11/2025 | Open | finding-651 | Compliance | TILA Finance Charge Test | This loan failed the TILA finance charge test.(12 CFR §1026.38(o)(2))The finance charge is $556,011.48. The disclosed finance charge of $555,622.23 is not considered accurate because it is understated by more than $100. Cure required. Lender did not include Title charges of $25, $14.25, $150.00, and $200 in finance charge calculations. Fees could not be determined from Mavent report provided due to fee discrepancy. The APR, total of payments and finance charges are not accurately disclosed to the borrower. Cure requires PCCD, LOE, copy of refund check, and proof of mailing along with re-opening of rescission. |  |  |  |  | Borrower has stable job time - Borrower has 15.33 years on job. D C A |
| &nbsp;&nbsp;&nbsp;956 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Acknowledged | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | B A |
| &nbsp;&nbsp;&nbsp;956 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | B A |
| &nbsp;&nbsp;&nbsp;956 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | B A |
| &nbsp;&nbsp;&nbsp;971 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | MD | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;920 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NJ | ATR/QM: Exempt | Loan Review Complete | 09/11/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 13.17 years on job. A |
| &nbsp;&nbsp;&nbsp;941 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IL | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 10.62 years on job. A |
| &nbsp;&nbsp;&nbsp;941 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IL | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 10.62 years on job. A |
| &nbsp;&nbsp;&nbsp;951 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IL | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Rescinded | FCRE2009 | Credit | Rent Loss Insurance Missing | Missing rent loss insurance coverage The HOI declaration does not indicate any rent loss Coverage and is required per LP Guidelines. |  |  | Not required. | 09/19/2025 | A |
| &nbsp;&nbsp;&nbsp;951 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | IL | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 19.75 years on job. A |
| &nbsp;&nbsp;&nbsp;949 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 17.77 years on job. A |
| &nbsp;&nbsp;&nbsp;949 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | ATR/QM: Exempt | Loan Review Complete | 09/11/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 17.77 years on job. A |
| &nbsp;&nbsp;&nbsp;981 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ID | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Acknowledged | finding-3367 | Compliance | RESPA Homeownership Counseling Organizations Disclosure Date Test | This loan failed the homeownership counseling organizations disclosure date test due to the following findings: (12 CFR §1024.20(a))The loan has a homeownership counseling organizations disclosure date that is not within three business days of the loan originator's application date (or the date creditor received application if loan originator's application date is not provided); orThe homeownership counseling organizations disclosure date is after the closing date.Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than 30 days prior to the time when the list is provided to the loan applicant from either:(1)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(2)Data made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data.This calculation take into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1024.2(b) and as it relates to §1024.20 (list of homeownership counseling organizations provided not later than 3 business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on Juneteenth Day (06/19/2025)PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.Please note: This test does not validate the content of any list of homeownership counseling organizations. Documentation Required: Missing Homeownership Disclosure issued within 3 days of application date of 06/16. |  |  | Exception non-material. Investor acknowledges exception | 10/01/2025 | Borrower has stable job time - Borrower has 5.77 years on job. C B A |
| &nbsp;&nbsp;&nbsp;981 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ID | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Resolved | finding-3634 | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $4,709.60.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). Documentation required: Missing Initial Loan Estimate issued within three business days of the loan application date of XXX. | Document Uploaded. | 09/30/2025 | Initial LE provided; Exception resolved; Initial LE provided; Exception resolved | 10/01/2025 | Borrower has stable job time - Borrower has 5.77 years on job. C B A |
| &nbsp;&nbsp;&nbsp;981 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ID | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Resolved | finding-3635 | Compliance | Charges That In Total Cannot Increase More Than 10% Test | This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($2,791.50) exceed the comparable charges ($0.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). TILA 130 B Cure Required - Missing Initial Loan Estimate XXX, need to accurately test tolerance | Document Uploaded. | 09/30/2025 | Initial LE provided; Exception resolved; Initial LE provided; Exception resolved | 10/01/2025 | Borrower has stable job time - Borrower has 5.77 years on job. C B A |
| &nbsp;&nbsp;&nbsp;981 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ID | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Resolved | finding-3515 | Compliance | Initial Loan Estimate Delivery Date Test (from application) | This loan failed the initial loan estimate delivery date test (from application) due to one of the following: (12 CFR §1026.19(e)(1)(iii)(A))The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $0, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on Juneteenth Day (06/19/2025)PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application. Documentation Required - Missing Initial Loan Estimate issued within three business days of the Loan application date of XXX. | See 9/30 upload | 09/30/2025 | Initial LE provided; Exception resolved; Initial LE provided; Exception resolved | 10/01/2025 | Borrower has stable job time - Borrower has 5.77 years on job. C B A |
| &nbsp;&nbsp;&nbsp;981 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | ID | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 5.77 years on job. C B A |
| &nbsp;&nbsp;&nbsp;964 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | CT | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 18.92 years on job. A |
| &nbsp;&nbsp;&nbsp;1014 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FCRE1365 | Credit | Borrower 2 IRS Transcripts Missing | Borrower 2 IRS Transcripts Missing | Document Uploaded. Provided in original submission | 09/18/2025 | Borrower 2 IRS Transcripts Provided or Not Applicable (Number of Borrowers equals 2) | 09/18/2025 | Borrower has stable job time - Borrower has 6.74 years on job. D A |
| &nbsp;&nbsp;&nbsp;1014 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | OH | ATR/QM: Exempt | Loan Review Complete | 09/11/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 6.74 years on job. D A |
| &nbsp;&nbsp;&nbsp;1045 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/11/2025 | Acknowledged | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Documentation required: Provide evidence borrower received a copy of the appraisal. |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 11.56 years on job. B A |
| &nbsp;&nbsp;&nbsp;1057 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Acknowledged | FPRO2924 | Property | Property Inspection Waiver Used at Origination | Property Inspection Waiver or Appraisal Waiver used as origination valuation product. Property Inspection Waiver utilized for primary value, third party valuation not required |  |  | Exception non-material. Investor acknowledges exception | 09/22/2025 | Borrower has stable job time - Borrower has 12.75 years on job. B A |
| &nbsp;&nbsp;&nbsp;1057 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 12.75 years on job. B A |
| &nbsp;&nbsp;&nbsp;1057 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | VA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/10/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only; Informational Only | 09/12/2025 | Borrower has stable job time - Borrower has 12.75 years on job. B A |
| &nbsp;&nbsp;&nbsp;1029 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | NY | ATR/QM: Exempt | Loan Review Complete | 09/10/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 09/12/2025 | A |
| &nbsp;&nbsp;&nbsp;1051 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | GA | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 09/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines. |  |  | Informational; ; Informational | 09/10/2025 | A |
| &nbsp;&nbsp;&nbsp;380 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | ATR/QM: Exempt | Loan Review Complete | 09/19/2025 | Resolved | FCRE1204 | Credit | Fraud Report Shows Uncleared Alerts | Fraud Report Shows Uncleared Alerts Provide documentation to clear high alert for all 3rd parties. | Document Uploaded. | 09/25/2025 | Documentation clearing alerts was provided, exception resolved. ; All Fraud Report Alerts have been cleared or None Exist | 09/26/2025 | Borrower has stable job time - Borrower has 3.19 years on job. C A |
| &nbsp;&nbsp;&nbsp;380 | XXXXXX |  | XXXXXX | XXXXXX | XX/XX/XXXX | XXXXXX | SC | ATR/QM: Exempt | Loan Review Complete | 09/23/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | Borrower has stable job time - Borrower has 3.19 years on job. C A |

---

## Exhibit 99.8

**EXHIBIT 99.8** 

**CONSOLIDATED ANALYTICS DATA COMPARE REPORT** 

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| &nbsp;&nbsp;&nbsp;173 | XXXXXX | Application Date | XXXXXX | XXXXXX | Confirmed the application date of XXXXXX as per the initial 1003 |
| &nbsp;&nbsp;&nbsp;68 | XXXXXX | Application Date | XXXXXX | XXXXXX | True data value captured from the E consent |
| &nbsp;&nbsp;&nbsp;67 | XXXXXX | Application Date | XXXXXX | XXXXXX | per page 60 app date is XXXXXX |
| &nbsp;&nbsp;&nbsp;67 | XXXXXX | Property Type | Single Family Detached | 12 | Per page 528 appraisal indicates subject is a semi detached SFR |
| &nbsp;&nbsp;&nbsp;247 | XXXXXX | Application Date | XXXXXX | XXXXXX | IT Mapping Issue |
| &nbsp;&nbsp;&nbsp;558 | XXXXXX | Property Type | Single Family Attached | 1 | this is a single family detached home |
| &nbsp;&nbsp;&nbsp;751 | XXXXXX | Property Type | Single Family Attached | 7 | Property type supported by Mortgage, Rider and Appraisal |
| &nbsp;&nbsp;&nbsp;202 | XXXXXX | Application Date | XXXXXX | XXXXXX | Application date is confirmed with the initial loan application in the file. |
| &nbsp;&nbsp;&nbsp;479 | XXXXXX | Application Date | XXXXXX | XXXXXX | XXXXXX |
| &nbsp;&nbsp;&nbsp;479 | XXXXXX | Property Type | Single Family Detached | 13 | SFD |
| &nbsp;&nbsp;&nbsp;422 | XXXXXX | Application Date | XXXXXX | XXXXXX | Application date updated to reflect what is on the 1003 |
| &nbsp;&nbsp;&nbsp;248 | XXXXXX | Application Date | XXXXXX | XXXXXX | Application in file reflects an initial application date of XXXXXX on page 180 |
| &nbsp;&nbsp;&nbsp;665 | XXXXXX | Application Date | XXXXXX | XXXXXX | Per 1003 |
| &nbsp;&nbsp;&nbsp;665 | XXXXXX | Property Type | Single Family Attached | 1 | Per Appraisal |
| &nbsp;&nbsp;&nbsp;518 | XXXXXX | Occupancy | Investment | 99 | Documentation in file supports investment occupancy |
| &nbsp;&nbsp;&nbsp;518 | XXXXXX | Property Type | Single Family Detached | 99 | Appraisal supports Single Family Detached |
| &nbsp;&nbsp;&nbsp;741 | XXXXXX | Application Date | XXXXXX | XXXXXX | Per initial 1003, application date was XXXXXX |
| &nbsp;&nbsp;&nbsp;814 | XXXXXX | Application Date | XXXXXX | XXXXXX | app date is XXXXXX |
| &nbsp;&nbsp;&nbsp;908 | XXXXXX | Application Date | XXXXXX | XXXXXX | Confirmed the application date as XXXXXX as per the initial 1003 |
| &nbsp;&nbsp;&nbsp;908 | XXXXXX | Property Type | Single Family Detached | 13 | Confirmed the property type as Single Family Detached as per the 1025 |
| &nbsp;&nbsp;&nbsp;936 | XXXXXX | Application Date | XXXXXX | XXXXXX | True data correct XXXXXX is application date. |
| &nbsp;&nbsp;&nbsp;870 | XXXXXX | Application Date | XXXXXX | XXXXXX | Per initial application LO signature date |
| &nbsp;&nbsp;&nbsp;1025 | XXXXXX | Property Type | PUD | 1 | Confirmed per rider and appraisal |
| &nbsp;&nbsp;&nbsp;638 | XXXXXX | Application Date | XXXXXX | XXXXXX | Application date is correct |
| &nbsp;&nbsp;&nbsp;143 | XXXXXX | Application Date | XXXXXX | XXXXXX | Application date confirmed on Application document |
| &nbsp;&nbsp;&nbsp;38 | XXXXXX | Application Date | XXXXXX | XXXXXX | Confirmed on disclosure tracking form as XXXXXX. |
| &nbsp;&nbsp;&nbsp;373 | XXXXXX | Application Date | XXXXXX | XXXXXX | Confirmed the application date of XXXXXX as per the initial 1003 |
| &nbsp;&nbsp;&nbsp;268 | XXXXXX | Application Date | XXXXXX | XXXXXX | Application date per initial 1003 is XXXXXX |
| &nbsp;&nbsp;&nbsp;44 | XXXXXX | Application Date | XXXXXX | XXXXXX | Application date per initial 1003 is XXXXXX. |
| &nbsp;&nbsp;&nbsp;31 | XXXXXX | Application Date | XXXXXX | XXXXXX | per the initial 1003 |
| &nbsp;&nbsp;&nbsp;43 | XXXXXX | Application Date | XXXXXX | XXXXXX | True data is accurate |
| &nbsp;&nbsp;&nbsp;52 | XXXXXX | Application Date | XXXXXX | XXXXXX | per the initial 1003 |
| &nbsp;&nbsp;&nbsp;187 | XXXXXX | Property Type | Single Family Detached | 7 | Confirmed with Appraisal. |
| &nbsp;&nbsp;&nbsp;398 | XXXXXX | Property Type | Single Family Detached | 7 | Single family home |
| &nbsp;&nbsp;&nbsp;376 | XXXXXX | Application Date | XXXXXX | XXXXXX | application date is XXXXXX |
| &nbsp;&nbsp;&nbsp;715 | XXXXXX | Application Date | XXXXXX | XXXXXX | verified per 1003 |
| &nbsp;&nbsp;&nbsp;95 | XXXXXX | Application Date | XXXXXX | XXXXXX | Application date updated to reflect what is on the 1003. |
| &nbsp;&nbsp;&nbsp;226 | XXXXXX | Application Date | XXXXXX | XXXXXX | Per 1003 |
| &nbsp;&nbsp;&nbsp;8 | XXXXXX | Application Date | XXXXXX | XXXXXX | Confirmed the application date as XXXXXX as per the initial 1003 |
| &nbsp;&nbsp;&nbsp;110 | XXXXXX | Application Date | XXXXXX | XXXXXX | Application signed on XXXXXX |
| &nbsp;&nbsp;&nbsp;104 | XXXXXX | Application Date | XXXXXX | XXXXXX | Application date page 35 dated XXXXXX |

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;411 | XXXXXX | Application Date | XXXXXX | XXXXXX | App Date |
| &nbsp;&nbsp;&nbsp;303 | XXXXXX | Application Date | XXXXXX | XXXXXX | Confirmed Appliation date with the initial 1003. |
| &nbsp;&nbsp;&nbsp;288 | XXXXXX | Application Date | XXXXXX | XXXXXX | app date is XXXXXX |
| &nbsp;&nbsp;&nbsp;473 | XXXXXX | Property Type | Single Family Detached | 7 | Based on loan docs property is is single family detached |
| &nbsp;&nbsp;&nbsp;639 | XXXXXX | Application Date | XXXXXX | XXXXXX | Updated application date per the initial 1003 |
| &nbsp;&nbsp;&nbsp;297 | XXXXXX | Property Type | Single Family Detached | 13 | subject IS a 2 unit per appraisal, title |
| &nbsp;&nbsp;&nbsp;915 | XXXXXX | Property Type | Single Family Detached | 8 | Per appraisal page 251, correctly reported as semi detached SFR |
| &nbsp;&nbsp;&nbsp;514 | XXXXXX | Application Date | XXXXXX | XXXXXX | Updated application date per initial 1003 |
| &nbsp;&nbsp;&nbsp;342 | XXXXXX | Property Type | Single Family Attached | 7 | Property is sfr |
| &nbsp;&nbsp;&nbsp;560 | XXXXXX | Application Date | XXXXXX | XXXXXX | Based on loan docs application date is XXXXXX |
| &nbsp;&nbsp;&nbsp;109 | XXXXXX | Property Type | PUD | 1 | Verified per Appraisal or Title. |
| &nbsp;&nbsp;&nbsp;642 | XXXXXX | Application Date | XXXXXX | XXXXXX | Verified application date is XXXXXX |
| &nbsp;&nbsp;&nbsp;625 | XXXXXX | Property Type | Single Family Attached | 7 | Subject is single family attached. |
| &nbsp;&nbsp;&nbsp;776 | XXXXXX | Application Date | XXXXXX | XXXXXX | Confirmed the application date of XXXXXX as per the initial 1003 |
| &nbsp;&nbsp;&nbsp;326 | XXXXXX | Application Date | XXXXXX | XXXXXX | Application date is correct |
| &nbsp;&nbsp;&nbsp;326 | XXXXXX | Property Type | Single Family Detached | 7 | Property is sfr |
| &nbsp;&nbsp;&nbsp;986 | XXXXXX | Application Date | XXXXXX | XXXXXX | Verified orig application date is XXXXXX |
| &nbsp;&nbsp;&nbsp;343 | XXXXXX | Application Date | XXXXXX | XXXXXX | Initial 1003 is dated XXXXXX |
| &nbsp;&nbsp;&nbsp;455 | XXXXXX | Occupancy | Investment | 99 | Per AUS investment property |
| &nbsp;&nbsp;&nbsp;455 | XXXXXX | Property Type | Single Family Detached | 99 | Per Appraisals single Family Detached |
| &nbsp;&nbsp;&nbsp;267 | XXXXXX | Application Date | XXXXXX | XXXXXX | Page 30 of 1003 confirms application date is XXXXXX |
| &nbsp;&nbsp;&nbsp;263 | XXXXXX | Application Date | XXXXXX | XXXXXX | Application date is correct |
| &nbsp;&nbsp;&nbsp;263 | XXXXXX | Property Type | Single Family Attached | 7 | Subject is SFR |
| &nbsp;&nbsp;&nbsp;341 | XXXXXX | Application Date | XXXXXX | XXXXXX | Per initial 1003 application date XXXXXX |
| &nbsp;&nbsp;&nbsp;497 | XXXXXX | Application Date | XXXXXX | XXXXXX | app date is XXXXXX |
| &nbsp;&nbsp;&nbsp;507 | XXXXXX | Property Type | PUD | 1 | Appraisal states property is a PUD and PUD rider in file |
| &nbsp;&nbsp;&nbsp;895 | XXXXXX | Property Type | Single Family Detached | 8 | property is a single family detached |
| &nbsp;&nbsp;&nbsp;528 | XXXXXX | Property Type | Single Family Detached | 13 | Appraisal supports Single Family Detached |
| &nbsp;&nbsp;&nbsp;691 | XXXXXX | Property Type | Single Family Detached | 13 | Updated the property type per the Appraisal |
| &nbsp;&nbsp;&nbsp;719 | XXXXXX | Application Date | XXXXXX | XXXXXX | Application date XXXXXX confirmed on Application document |
| &nbsp;&nbsp;&nbsp;710 | XXXXXX | Application Date | XXXXXX | XXXXXX | application date XXXXXX per application |
| &nbsp;&nbsp;&nbsp;762 | XXXXXX | Application Date | XXXXXX | XXXXXX | Updated application date per initial 1003 |
| &nbsp;&nbsp;&nbsp;561 | XXXXXX | Application Date | XXXXXX | XXXXXX | Verified from Initial1003. |
| &nbsp;&nbsp;&nbsp;561 | XXXXXX | Property Type | Condominium | 8 | Verified from Appraisal. |
| &nbsp;&nbsp;&nbsp;731 | XXXXXX | Application Date | XXXXXX | XXXXXX | page 20 1003 confirms app date XXXXXX |
| &nbsp;&nbsp;&nbsp;797 | XXXXXX | Application Date | XXXXXX | XXXXXX | True Data value captured from the initial application |
| &nbsp;&nbsp;&nbsp;717 | XXXXXX | Application Date | XXXXXX | XXXXXX | Verified from Initial 1003. |
| &nbsp;&nbsp;&nbsp;3 | XXXXXX | Application Date | XXXXXX | XXXXXX | Verified original application date was XXXXXX |
| &nbsp;&nbsp;&nbsp;4 | XXXXXX | Application Date | XXXXXX | XXXXXX | Confirmed on the disclosure tracking form. |
| &nbsp;&nbsp;&nbsp;4 | XXXXXX | Property Type | Single Family Detached | 7 | Confirmed on the appraisal. |
| &nbsp;&nbsp;&nbsp;944 | XXXXXX | Application Date | XXXXXX | XXXXXX | app date is XXXXXX |

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;944 | XXXXXX | Property Type | Single Family Detached | 8 | subject is semi-detached sfr per appraisal |
| &nbsp;&nbsp;&nbsp;890 | XXXXXX | Property Type | Single Family Detached | 8 | Appraisal supports Single Family Detached |
| &nbsp;&nbsp;&nbsp;929 | XXXXXX | Property Type | Single Family Detached | 13 | Per appraisal Single Family Detached |
| &nbsp;&nbsp;&nbsp;845 | XXXXXX | Property Type | Single Family Detached | 7 | Property is SFR |
| &nbsp;&nbsp;&nbsp;837 | XXXXXX | Application Date | XXXXXX | XXXXXX | Confirmed on the eSign docs as XXXXXX. Compliance will have to correct their input. |
| &nbsp;&nbsp;&nbsp;856 | XXXXXX | Application Date | XXXXXX | XXXXXX | application date XXXXXX is correct per application |
| &nbsp;&nbsp;&nbsp;899 | XXXXXX | Application Date | XXXXXX | XXXXXX | Confirmed the Application date with the initial URLA. |
| &nbsp;&nbsp;&nbsp;945 | XXXXXX | Property Type | Single Family Detached | 13 | Updated property type per Appraisal |
| &nbsp;&nbsp;&nbsp;977 | XXXXXX | Application Date | XXXXXX | XXXXXX | Verified original application date is XXXXXX |
| &nbsp;&nbsp;&nbsp;977 | XXXXXX | Property Type | Single Family Attached | 7 | Per appraisal property is a PUD |
| &nbsp;&nbsp;&nbsp;956 | XXXXXX | Application Date | XXXXXX | XXXXXX | Based on loan docs application date is XXXXXX. |
| &nbsp;&nbsp;&nbsp;971 | XXXXXX | Application Date | XXXXXX | XXXXXX | Confirmed the application date of XXXXXX as per the initial 1003 |
| &nbsp;&nbsp;&nbsp;951 | XXXXXX | Application Date | XXXXXX | XXXXXX | Confirmed the Application date with the Initial URLA. |
| &nbsp;&nbsp;&nbsp;964 | XXXXXX | Property Type | Single Family Attached | 1 | Updated property type per Appraisal |
| &nbsp;&nbsp;&nbsp;380 | XXXXXX | Interest Rate | 7.375 | 0.0738 | True Data value captured from the note |
| &nbsp;&nbsp;&nbsp;380 | XXXXXX | Occupancy | Investment | 99 | True Data value captured from the application |
| &nbsp;&nbsp;&nbsp;380 | XXXXXX | Property Type | PUD | 99 | True Data value captured from the appraisal |

---

## Exhibit 99.9

**EXHIBIT 99.9** 

**CONSOLIDATED ANALYTICS GRADING SUMMARY REPORT** 

------

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan<br>ID** | **Investor<br>Loan<br>ID** | **Original<br>Loan<br>Amount** |
| &nbsp;&nbsp;&nbsp;72 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;2 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;53 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;64 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;73 | XXXXXX |  |  | XXXXXX D A B |
| &nbsp;&nbsp;&nbsp;66 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;174 | XXXXXX |  |  | XXXXXX A D |
| &nbsp;&nbsp;&nbsp;173 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;468 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;68 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;56 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;59 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;206 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;61 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;65 | XXXXXX |  |  | XXXXXX D C A |
| &nbsp;&nbsp;&nbsp;334 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;172 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;469 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;519 | XXXXXX |  |  | XXXXXX C B A |
| &nbsp;&nbsp;&nbsp;67 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;247 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;558 | XXXXXX |  |  | XXXXXX C A B |
| &nbsp;&nbsp;&nbsp;168 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;433 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;161 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;520 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;751 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;300 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;517 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;202 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;742 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;423 | XXXXXX |  |  | XXXXXX C B A |
| &nbsp;&nbsp;&nbsp;479 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;422 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;415 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;248 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;665 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;557 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;171 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;812 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;669 | XXXXXX |  |  | XXXXXX A |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan<br>ID** | **Investor<br>Loan<br>ID** | **Original<br>Loan<br>Amount** |
| &nbsp;&nbsp;&nbsp;593 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;338 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;427 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;335 | XXXXXX |  |  | XXXXXX B A |
| &nbsp;&nbsp;&nbsp;518 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;827 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;934 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;740 | XXXXXX |  |  | XXXXXX D A B |
| &nbsp;&nbsp;&nbsp;426 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;592 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;741 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;868 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;645 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;814 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;908 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;94 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;437 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;438 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;684 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;936 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;559 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;870 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;955 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;1025 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;7 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;750 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;664 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;9 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;12 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;37 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;638 | XXXXXX |  |  | XXXXXX D A C |
| &nbsp;&nbsp;&nbsp;143 | XXXXXX |  |  | XXXXXX D B A |
| &nbsp;&nbsp;&nbsp;38 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;36 | XXXXXX |  |  | XXXXXX A C B |
| &nbsp;&nbsp;&nbsp;224 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;134 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;156 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;216 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;375 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;373 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;385 | XXXXXX |  |  | XXXXXX A B D |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan<br>ID** | **Investor<br>Loan<br>ID** | **Original<br>Loan<br>Amount** |
| &nbsp;&nbsp;&nbsp;152 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;371 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;149 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;650 | XXXXXX |  |  | XXXXXX D C B A |
| &nbsp;&nbsp;&nbsp;809 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;386 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;48 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;644 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;374 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;268 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;384 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;76 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;44 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;31 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;43 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;395 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;632 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;52 | XXXXXX |  |  | XXXXXX A B D |
| &nbsp;&nbsp;&nbsp;30 | XXXXXX |  |  | XXXXXX D B A |
| &nbsp;&nbsp;&nbsp;389 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;32 | XXXXXX |  |  | XXXXXX A C |
| &nbsp;&nbsp;&nbsp;47 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;49 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;694 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;178 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;400 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;860 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;244 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;187 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;153 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;727 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;398 | XXXXXX |  |  | XXXXXX D C A |
| &nbsp;&nbsp;&nbsp;392 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;126 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;128 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;728 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;139 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;687 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;144 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;135 | XXXXXX |  |  | XXXXXX D B A |
| &nbsp;&nbsp;&nbsp;25 | XXXXXX |  |  | XXXXXX A |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan<br>ID** | **Investor<br>Loan<br>ID** | **Original<br>Loan<br>Amount** |
| &nbsp;&nbsp;&nbsp;472 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;394 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;81 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;637 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;404 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;376 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;715 | XXXXXX |  |  | XXXXXX B A |
| &nbsp;&nbsp;&nbsp;1037 | XXXXXX |  |  | XXXXXX A C |
| &nbsp;&nbsp;&nbsp;105 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;393 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;730 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;92 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;95 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;113 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;226 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;198 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;89 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;383 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;8 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;720 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;362 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;274 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;651 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;91 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;505 | XXXXXX |  |  | XXXXXX A D |
| &nbsp;&nbsp;&nbsp;364 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;293 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;87 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;110 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;104 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;873 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;410 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;411 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;886 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;303 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;288 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;735 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;801 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;965 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;292 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;287 | XXXXXX |  |  | XXXXXX D A |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan<br>ID** | **Investor<br>Loan<br>ID** | **Original<br>Loan<br>Amount** |
| &nbsp;&nbsp;&nbsp;1047 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;631 | XXXXXX |  |  | XXXXXX A D |
| &nbsp;&nbsp;&nbsp;294 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;473 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;805 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;188 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;447 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;179 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;639 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;193 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;281 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;176 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;98 | XXXXXX |  |  | XXXXXX D A C |
| &nbsp;&nbsp;&nbsp;297 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;107 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;122 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;915 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;634 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;314 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;332 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;514 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;342 | XXXXXX |  |  | XXXXXX B A |
| &nbsp;&nbsp;&nbsp;560 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;495 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;992 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;931 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;109 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;734 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;1042 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;642 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;210 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;189 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;480 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;619 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;974 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;191 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;212 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;264 | XXXXXX |  |  | XXXXXX D C B A |
| &nbsp;&nbsp;&nbsp;699 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;452 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;211 | XXXXXX |  |  | XXXXXX A |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan<br>ID** | **Investor<br>Loan<br>ID** | **Original<br>Loan<br>Amount** |
| &nbsp;&nbsp;&nbsp;324 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;763 | XXXXXX |  |  | XXXXXX D A C |
| &nbsp;&nbsp;&nbsp;621 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;494 | XXXXXX |  |  | XXXXXX D A C |
| &nbsp;&nbsp;&nbsp;625 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;776 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;240 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;326 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;245 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;986 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;220 | XXXXXX |  |  | XXXXXX A C |
| &nbsp;&nbsp;&nbsp;236 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;331 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;225 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;242 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;259 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;233 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;319 | XXXXXX |  |  | XXXXXX D B A |
| &nbsp;&nbsp;&nbsp;214 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;351 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;343 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;346 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;345 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;349 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;277 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;180 | XXXXXX |  |  | XXXXXX A C B |
| &nbsp;&nbsp;&nbsp;270 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;606 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;626 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;994 | XXXXXX |  |  | XXXXXX D B A |
| &nbsp;&nbsp;&nbsp;316 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;736 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;312 | XXXXXX |  |  | XXXXXX D A B |
| &nbsp;&nbsp;&nbsp;455 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;284 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;348 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;317 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;382 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;24 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;690 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;587 | XXXXXX |  |  | XXXXXX D A |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan<br>ID** | **Investor<br>Loan<br>ID** | **Original<br>Loan<br>Amount** |
| &nbsp;&nbsp;&nbsp;499 | XXXXXX |  |  | XXXXXX D A B |
| &nbsp;&nbsp;&nbsp;251 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;989 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;16 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;1018 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;987 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;1008 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;984 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;1003 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;999 | XXXXXX |  |  | XXXXXX A C |
| &nbsp;&nbsp;&nbsp;15 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;998 | XXXXXX |  |  | XXXXXX D C A |
| &nbsp;&nbsp;&nbsp;529 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;258 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;267 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;330 | XXXXXX |  |  | XXXXXX A C |
| &nbsp;&nbsp;&nbsp;263 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;256 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;347 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;341 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;788 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;329 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;357 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;943 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;460 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;510 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;497 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;555 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;461 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;463 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;507 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;613 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;544 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;769 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;847 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;704 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;533 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;465 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;548 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;708 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;551 | XXXXXX |  |  | XXXXXX D B A |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan<br>ID** | **Investor<br>Loan<br>ID** | **Original<br>Loan<br>Amount** |
| &nbsp;&nbsp;&nbsp;895 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;511 | XXXXXX |  |  | XXXXXX D A C |
| &nbsp;&nbsp;&nbsp;828 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;598 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;607 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;610 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;921 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;630 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;618 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;1032 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;882 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;528 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;530 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;524 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;691 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;624 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;594 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;759 | XXXXXX |  |  | XXXXXX A D |
| &nbsp;&nbsp;&nbsp;1024 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;582 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;574 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;595 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;581 | XXXXXX |  |  | XXXXXX A D |
| &nbsp;&nbsp;&nbsp;946 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;536 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;578 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;791 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;719 | XXXXXX |  |  | XXXXXX A C |
| &nbsp;&nbsp;&nbsp;710 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;762 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;561 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;731 | XXXXXX |  |  | XXXXXX D B A |
| &nbsp;&nbsp;&nbsp;797 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;717 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;3 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;4 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;599 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;1020 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;800 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;771 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;1023 | XXXXXX |  |  | XXXXXX A |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan<br>ID** | **Investor<br>Loan<br>ID** | **Original<br>Loan<br>Amount** |
| &nbsp;&nbsp;&nbsp;693 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;1035 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;978 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;944 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;884 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;972 | XXXXXX |  |  | XXXXXX C A |
| &nbsp;&nbsp;&nbsp;786 | XXXXXX |  |  | XXXXXX C B A |
| &nbsp;&nbsp;&nbsp;850 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;901 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;963 | XXXXXX |  |  | XXXXXX B A |
| &nbsp;&nbsp;&nbsp;928 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;668 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;758 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;890 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;914 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;854 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;1056 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;910 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;929 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;923 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;845 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;840 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;837 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;900 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;856 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;834 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;976 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;899 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;909 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;877 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;829 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;945 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;903 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;912 | XXXXXX |  |  | XXXXXX A C B |
| &nbsp;&nbsp;&nbsp;969 | XXXXXX |  |  | XXXXXX D B A |
| &nbsp;&nbsp;&nbsp;940 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;875 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;977 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;938 | XXXXXX |  |  | XXXXXX D C A |
| &nbsp;&nbsp;&nbsp;956 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;971 | XXXXXX |  |  | XXXXXX A |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan<br>ID** | **Investor<br>Loan<br>ID** | **Original<br>Loan<br>Amount** |
| &nbsp;&nbsp;&nbsp;920 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;941 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;951 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;949 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;981 | XXXXXX |  |  | XXXXXX A C B |
| &nbsp;&nbsp;&nbsp;964 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;1014 | XXXXXX |  |  | XXXXXX D A |
| &nbsp;&nbsp;&nbsp;1045 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;1057 | XXXXXX |  |  | XXXXXX A B |
| &nbsp;&nbsp;&nbsp;1029 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;1051 | XXXXXX |  |  | XXXXXX A |
| &nbsp;&nbsp;&nbsp;380 | XXXXXX |  |  | XXXXXX C A |

---

## Exhibit 99.10

**EXHIBIT 99.10** 

**CONSOLIDATED ANALYTICS ATR QM REPORT** 

------

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan ID** | **Investor<br>Loan ID** | **Lender Application Date** | **Originator QM Status** | **Final QM Status** | **Originator<br>QM<br>Status<br>Difference<br>than Final<br>QM<br>Status?** | **Reason<br>Why<br>NonQM<br>Final<br>Status** | **APR<br>Pricing<br>Threshold<br>Exceeded?** | **QM DTI<br>Threshold<br>Exceeded?** | **Higher<br>Priced<br>Mortgage<br>Loan<br>(HPML)?** | **Negatively<br>Amortizing<br>Loan?** | **Principal<br>Deferment?** | **Interest<br>Only<br>Flag?** | **Prepayment<br>Penalty?** | **Balloon<br>Flag?** | **Adjustable<br>Rate<br>Balloon?** | **Loan<br>Term<br>Less<br>Than<br>5 Years?** | **QM<br>Points and<br>Fees<br>Threshold<br>Exceeded?** | **QM**<br> **Total Points<br>and Fees** | **APR** | **ATR:<br>Qualifying<br>Payment<br>Properly<br>Considered?** | **ATR:<br>Current<br>Employment/Self-Employment<br>Verified?** | **ATR:<br>Balloon<br>Qualifying<br>Payment<br>Properly<br>Considered?** | **ATR:<br>Reasonable<br>Income or<br>Assets<br>Considered?** | **ATR:<br>Subject<br>PITIA<br>Adequately<br>Documented?** | **ATR: All<br>Liabilities<br>Including<br>Alimony<br>and Child<br>Support<br>in DTI?** | **ATR:<br>Simultaneous<br>Loan<br>Calculated<br>Properly** | **ATR:<br>Credit<br>History<br>was<br>Considered<br>Properly?** | **ATR: Did<br>Lender<br>Document<br>All ATR<br>Factors?** | **ATR:<br>Was an<br>ATR/QM<br>Residual<br>Income<br>Analysis<br>Provided?** | **Residual<br>Income** | **Residual<br>Income<br>Meets<br>Guidelines?** | **Borrower 1<br>Employment<br>Indicator** | **Borrower 2<br>Employment<br>Indicator** | **Borrower<br>1 Foreign<br>National<br>Indicator** | **Borrower<br>2 Foreign<br>National<br>Indicator** | **Business<br>Purpose<br>Loan?** | **Business<br>Purpose<br>Verified?** |
| &nbsp;&nbsp;&nbsp;72 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 7213 | 7.025 | Yes | Yes | N/A | Yes | Yes | Yes | No | Yes | Yes | Yes | 17527.03 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;2 | XXXXXX |  |  | XX/XX/XXXX | QM: Higher Priced APOR (APOR HP) | ATR/QM: Exempt | Yes |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.99 | Yes | Yes | N/A | Yes | N/A | Yes | N/A | Yes | Yes | Yes | 11193.22 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;53 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.962 | Yes | N/A | Yes | Yes | Yes | Yes | Yes | N/A | No | No | 20788.94 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;64 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 9336.5 | 7.351 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 17176.25 | N/A | Retired | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;73 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 7902.64 | N/A | Employed |  | No |  | Yes | N/A |
| &nbsp;&nbsp;&nbsp;66 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.423 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 13342.72 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;174 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.996 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | N/A | Yes | Yes | 17218.33 | N/A | Employed | Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;173 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.291 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 24328 | N/A | Employed | Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;468 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 5325 | 7.215 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | N/A | Yes | Yes | 7814 | N/A | Retired | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;68 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.223 | Yes | N/A | N/A | N/A | Yes | N/<br>A | N/A | Yes | N/A | N/A | 9654.29 | N/A | Employed | Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;56 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.957 | N/A | N/A | N/A | N/A | N/A | N/<br>A | N/A | N/A | N/A | N/A | 19878.15 | N/A | Employed | Employed | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;59 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.566 | N/A | Yes | N/A | Yes | N/A | N/<br>A | N/A | Yes | N/A | N/A | 23963.17 | N/A | Retired | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;206 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.126 | N/A | N/A | N/A | N/A | N/A | N/<br>A | N/A | N/A | N/A | N/A | 4839.07 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;61 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 3086.32 | 7.782 | Pending<br>Credit<br>Review | Yes | Pending<br>Credit<br>Review | Yes | Yes | N/<br>A | N/A | Yes | N/A | N/A | 11090.52 | N/A | Employed | Retired | No | No | No |  |
| &nbsp;&nbsp;&nbsp;65 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.212 | N/A | N/A | N/A | N/A | N/A | Yes | N/A | N/A | N/A | N/A | 17626.49 | N/A | Employed |  | No |  | Yes | N/A |
| &nbsp;&nbsp;&nbsp;334 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 6023.93 | 6.48 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 31661.34 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;172 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.87 | Yes | Yes | N/A | Yes | N/A | Yes | N/A | N/A | N/A | N/A | 17133.49 | N/A | Employed | Employed | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;469 | XXXXXX |  |  | XX/XX/XXXX | QM: Rebuttable Presumption DTI (DTI RP) | QM: Safe Harbor APOR (APOR SH) | Yes |  | No | No | No | No | No | No | No | No | No | No | No | 5063 | 7.102 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 17619.82 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;519 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | Yes | No | No | No | No | No | No | No | No | No | 5872 | 7.389 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 10865.9 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;67 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.339 | Yes | Yes | N/A | Yes | N/A | Yes | N/A | Yes | Yes | Yes | 18740.7 | Yes | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;247 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | No | No | No | No | No | No | No | No | No | No | No | 7298 | 7.219 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 11787.64 | N/A | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;558 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | Yes | No | No | No | No | No | No | No | No | No | 6900 | 7.488 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 6148.55 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;168 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.043 | Yes | N/A | N/A | Yes | Yes | N/<br>A | N/A | N/A | N/A | N/A | 8245.09 | N/A | Retired |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;433 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | ATR/QM: Exempt | Yes |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.077 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Pending<br>Credit<br>Review | Yes | 12279.8 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;161 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.255 | Yes | Yes | N/A | Yes | N/A | Yes | N/A | Yes | Yes | N/A | 10004.62 | N/A | Employed | Retired | No | No | No |  |
| &nbsp;&nbsp;&nbsp;520 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | QM: Safe Harbor APOR (APOR SH) | Yes |  | No | No | No | No | No | No | No | No | No | No | No | 5833.48 | 7.609 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | N/A | Pending<br>Credit<br>Review | Pending<br>Credit<br>Review | 24504.06 | N/A | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;751 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.086 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 7280.39 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;300 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.001 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | 19875.43 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;517 | XXXXXX |  |  | XX/XX/XXXX | QM: Rebuttable Presumption DTI (DTI RP) | QM: Safe Harbor APOR (APOR SH) | Yes |  | No | Yes | No | No | No | No | No | No | No | No | No | 6604.55 | 7.286 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 7171.19 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;202 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.116 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 11543.87 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;742 | XXXXXX |  |  | XX/XX/XXXX | QM: Higher Priced APOR (APOR HP) | QM: Safe Harbor APOR (APOR SH) | Yes |  | No | No | No | No | No | No | No | No | No | No | No | 6793.41 | 6.995 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 69925.04 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;423 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | QM: Safe Harbor APOR (APOR SH) | Yes |  | No | Yes | No | No | No | No | No | No | No | No | No | 5894.7 | 7.341 | N/A | N/A | N/A | N/A | N/A | N/<br>A | N/A | N/A | N/A | N/A | 6981.21 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;479 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.184 | Yes | Yes | N/A | Yes | N/A | Yes | N/A | Yes | Yes | Yes | 36594.04 | N/A | Not<br>Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;422 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.388 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | N/A | N/A | N/A | 11268.98 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;415 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 8655.6 | 7.393 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | 13600.65 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;248 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.161 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 4893.4 | N/A | Retired |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;665 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.998 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 10917.5 | N/A | Employed |  | No |  | Yes | N/A |
| &nbsp;&nbsp;&nbsp;557 | XXXXXX |  |  | XX/XX/XXXX |  | QM: Safe Harbor APOR (APOR SH) | Yes |  | No | No | No | No | No | No | No | No | No | No | No | 11719.25 | 7.036 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 31354.49 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;171 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.283 | Yes | N/A | N/A | N/A | Yes | N/<br>A | N/A | N/A | N/A | N/A | 69132.19 | N/A | Employed |  | No |  | Yes | N/A |
| &nbsp;&nbsp;&nbsp;812 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.099 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 8904.65 | N/A | Retired |  | No |  | Yes | Missing |

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan ID** | **Investor<br>Loan ID** | **Lender Application Date** | **Originator QM Status** | **Final QM Status** | **Originator<br>QM<br>Status<br>Difference<br>than Final<br>QM<br>Status?** | **Reason<br>Why<br>NonQM<br>Final<br>Status** | **APR<br>Pricing<br>Threshold<br>Exceeded?** | **QM DTI<br>Threshold<br>Exceeded?** | **Higher<br>Priced<br>Mortgage<br>Loan<br>(HPML)?** | **Negatively<br>Amortizing<br>Loan?** | **Principal<br>Deferment?** | **Interest<br>Only<br>Flag?** | **Prepayment<br>Penalty?** | **Balloon<br>Flag?** | **Adjustable<br>Rate<br>Balloon?** | **Loan<br>Term<br>Less<br>Than<br>5 Years?** | **QM<br>Points and<br>Fees<br>Threshold<br>Exceeded?** | **QM<br>Total Points<br>and Fees** | **APR** | **ATR:<br>Qualifying<br>Payment<br>Properly<br>Considered?** | **ATR:<br>Current<br>Employment/Self-Employment<br>Verified?** | **ATR:<br>Balloon<br>Qualifying<br>Payment<br>Properly<br>Considered?** | **ATR:<br>Reasonable<br>Income or<br>Assets<br>Considered?** | **ATR:<br>Subject<br>PITIA<br>Adequately<br>Documented?** | **ATR: All<br>Liabilities<br>Including<br>Alimony<br>and Child<br>Support<br>in DTI?** | **ATR:<br>Simultaneous<br>Loan<br>Calculated<br>Properly** | **ATR:<br>Credit<br>History<br>was<br>Considered<br>Properly?** | **ATR: Did<br>Lender<br>Document<br>All ATR<br>Factors?** | **ATR:<br>Was an<br>ATR/QM<br>Residual<br>Income<br>Analysis<br>Provided?** | **Residual<br>Income** | **Residual<br>Income<br>Meets<br>Guidelines?** | **Borrower 1<br>Employment<br>Indicator** | **Borrower 2<br>Employment<br>Indicator** | **Borrower<br>1 Foreign<br>National<br>Indicator** | **Borrower<br>2 Foreign<br>National<br>Indicator** | **Business<br>Purpose<br>Loan?** | **Business<br>Purpose<br>Verified?** |
| &nbsp;&nbsp;&nbsp;669 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 0 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 18095.7 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;593 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | ATR/QM: Exempt | Yes |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.943 | Yes | Yes | N/A | Yes | Yes | N/A | N/A | Yes | Yes | N/A | 17765.57 | Yes | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;338 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 6703 | N/A | Yes | N/A | Yes | Yes | N/A | N/A | Yes | N/A | N/A | 8668.69 | N/A | Employed | Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;427 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 8411.69 | N/A | Employed |  | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;335 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | ATR/QM: Exempt | Yes |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.33 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | Yes | Yes | Yes | 13071.05 | Yes | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;518 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.068 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 10990.14 | N/A | Employed | Not<br>Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;827 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.686 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 29717.74 | N/A | Employed | Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;934 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 6.623 | Yes | N/A | N/A | N/A | N/A | Yes | N/A | N/A | N/A | N/A | 5774.7 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;740 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 5888 | 7.379 | Yes | Yes | N/A | Yes | Yes | N/A | N/A | Yes | Yes | N/A | 51659.16 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;426 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 6.987 | Yes | N/A | N/A | N/A | Yes | N/A | N/A | N/A | N/A | N/A | 6068.81 | N/A | Employed |  | No |  | Yes | N/A |
| &nbsp;&nbsp;&nbsp;592 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 22002.23 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;741 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.44 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 6983.88 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;868 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.979 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 27672.75 | Yes | Employed | Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;645 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.514 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 10380.3 | N/A | Employed |  | No |  | Yes | N/A |
| &nbsp;&nbsp;&nbsp;814 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.183 | Yes | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 17261.84 | N/A | Employed | Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;908 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.027 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 9829.5 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;94 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 1890 | 7.453 | Yes | Yes | N/A | Yes | Yes | N/A | N/A | Yes | N/A | N/A | 20716.98 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;437 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.888 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | N/A | Yes | Yes | 11401.92 | N/A | Employed | Not<br>Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;438 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.372 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 37065.27 | N/A | Employed | Not<br>Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;684 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.308 | Yes | Yes | N/A | Yes | N/A | Yes | N/A | Yes | N/A | N/A | 4644.28 | N/A | Employed | Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;936 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.965 | N/A | N/A | N/A | N/A | N/A | Yes | N/A | N/A | N/A | N/A | 7903.13 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;559 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.753 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 19867.3 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;870 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.037 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 18212.8 | N/A | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;955 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.083 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 66304.84 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;1025 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 4769 | 7.168 | Yes | Yes | N/A | Yes | Yes | N/A | N/A | Yes | Yes | Yes | 7958.5 | N/A | Retired | Retired | No | No | No |  |
| &nbsp;&nbsp;&nbsp;7 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.702 | Yes | Yes | N/A | N/A | N/A | Yes | N/A | N/A | Yes | Yes | 12598.33 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;750 | XXXXXX |  |  | XX/XX/XXXX | QM: Rebuttable Presumption DTI (DTI RP) | QM: Safe Harbor APOR (APOR SH) | Yes |  | No | No | No | No | No | No | No | No | No | No | No | 6242.42 | 7.409 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | 14869.49 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;664 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.388 | Yes | N/A | N/A | Yes | Yes | N/A | N/A | N/A | N/A | N/A | 3566.44 | N/A | Employed |  | No |  | Yes | N/A |
| &nbsp;&nbsp;&nbsp;9 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 1574 | 6.529 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 5055.21 | N/A | Retired | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;12 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | No | Yes | No | No | No | No | No | No | No | No | No | 4538.28 | 6.216 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 11456.58 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;37 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 8825.4 | 6.717 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | No | 28390.4 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;638 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | No | No | No | No | No | No | No | No | No | No | No | 1670 | 6.912 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | Yes | Yes | Yes | -4479.01 | Yes | Employed | Employed | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;143 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | No | No | No | No | No | No | No | No | No | No | No | 3980.94 | 7.757 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Pending<br>Credit<br>Review | Yes | 14592.6 | N/A | Employed |  | No |  | Yes | N/A |
| &nbsp;&nbsp;&nbsp;38 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 0 | 6.035 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 13383.93 | N/A | Employed | Not<br>Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;36 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 2954.75 | 5.905 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 12625.7 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;224 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.396 | Yes | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 17775.97 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;134 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.232 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 32991.03 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;156 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.125 | Yes | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 16451.7 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;216 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 950 | 7.303 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 22290.52 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;375 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 725 | 7.042 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 9265.93 | N/A | Employed | Retired | No | No | No |  |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan ID** | **Investor<br>Loan ID** | **Lender Application Date** | **Originator QM Status** | **Final QM Status** | **Originator<br>QM<br>Status<br>Difference<br>than Final<br>QM<br>Status?** | **Reason<br>Why<br>NonQM<br>Final<br>Status** | **APR<br>Pricing<br>Threshold<br>Exceeded?** | **QM DTI<br>Threshold<br>Exceeded?** | **Higher<br>Priced<br>Mortgage<br>Loan<br>(HPML)?** | **Negatively<br>Amortizing<br>Loan?** | **Principal<br>Deferment?** | **Interest<br>Only<br>Flag?** | **Prepayment<br>Penalty?** | **Balloon<br>Flag?** | **Adjustable<br>Rate<br>Balloon?** | **Loan<br>Term<br>Less<br>Than<br>5 Years?** | **QM<br>Points and<br>Fees<br>Threshold<br>Exceeded?** | **QM**<br> **Total Points<br>and Fees** | **APR** | **ATR:<br>Qualifying<br>Payment<br>Properly<br>Considered?** | **ATR:<br>Current<br>Employment/Self-Employment<br>Verified?** | **ATR:<br>Balloon<br>Qualifying<br>Payment<br>Properly<br>Considered?** | **ATR:<br>Reasonable<br>Income or<br>Assets<br>Considered?** | **ATR:<br>Subject<br>PITIA<br>Adequately<br>Documented?** | **ATR: All<br>Liabilities<br>Including<br>Alimony<br>and Child<br>Support<br>in DTI?** | **ATR:<br>Simultaneous<br>Loan<br>Calculated<br>Properly** | **ATR:<br>Credit<br>History<br>was<br>Considered<br>Properly?** | **ATR: Did<br>Lender<br>Document<br>All ATR<br>Factors?** | **ATR:<br>Was an<br>ATR/QM<br>Residual<br>Income<br>Analysis<br>Provided?** | **Residual<br>Income** | **Residual<br>Income<br>Meets<br>Guidelines?** | **Borrower 1<br>Employment<br>Indicator** | **Borrower 2<br>Employment<br>Indicator** | **Borrower<br>1 Foreign<br>National<br>Indicator** | **Borrower<br>2 Foreign<br>National<br>Indicator** | **Business<br>Purpose<br>Loan?** | **Business<br>Purpose<br>Verified?** |
| &nbsp;&nbsp;&nbsp;373 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.318 | Yes | Yes | N/A | Yes | N/A | Yes | N/A | Yes | N/A | N/A | 8125.29 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;385 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor DTI (DTI SH) | QM: Safe Harbor APOR (APOR SH) | Yes |  | No | Yes | No | No | No | No | No | No | No | No | No | 1726.47 | 7.2 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 6362.23 | N/A | Not<br>Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;152 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.939 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 9672.37 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;371 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.988 | Yes | N/A | N/A | N/A | N/A | Yes | N/A | Yes | N/A | N/A | 17341.75 | N/A | Employed | Not<br>Employed | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;149 | XXXXXX |  |  | XX/XX/XXXX | QM: Higher Priced APOR (APOR HP) | ATR/QM: Exempt | Yes |  | No | No | No | No | No | No | No | No | No | No | No | 4725 | 7.353 | Yes | N/A | N/A | N/A | N/A | Yes | N/A | Yes | N/A | Yes | 7048.6 | Yes | Not<br>Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;650 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 995 | 7.412 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 59690.17 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;809 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.993 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | N/A | N/A | N/A | 14223.74 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;386 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.05 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 9763.92 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;48 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 2323.13 | 7.243 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 9836.07 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;644 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.074 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 13630.98 | N/A | Employed | Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;374 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.531 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3699.05 | N/A | Retired |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;268 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.211 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 7372.92 | N/A | Employed |  | No |  | Yes | N/A |
| &nbsp;&nbsp;&nbsp;384 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | Yes | N/A | Yes | N/A | Yes | N/A | N/A | 14715.39 | N/A | Employed | Not<br>Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;76 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.245 | Yes | N/A | N/A | N/A | Yes | N/A | N/A | N/A | N/A | N/A | 11517.9 | N/A | Employed |  | No |  | Yes | N/A |
| &nbsp;&nbsp;&nbsp;44 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 4209.23 | 6.288 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 17391.34 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;31 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | Yes | No | No | No | No | No | No | No | No | No | 2568 | 6.011 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 7137.46 | N/A | Retired |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;43 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 3994 | 7.331 | Yes | Yes | N/A | Yes | Yes | N/A | N/A | Yes | N/A | N/A | 15065.28 | N/A | Employed | Not<br>Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;395 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | No | No | No | No | No | No | No | No | No | No | No | 995 | 7.026 | Yes | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 20668.83 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;632 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.028 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | No | N/A | 20438.72 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;52 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 5587.5 | 7.3 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 29378.28 | N/A | Employed | Not<br>Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;30 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 6583.13 | 7.346 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 35555.67 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;389 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Pending<br>Credit<br>Review | Yes | Pending<br>Credit<br>Review | Yes | N/A | N/A | N/A | N/A | N/A | N/A | 11974.06 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;32 | XXXXXX |  |  | XX/XX/XXXX |  | QM: Safe Harbor APOR (APOR SH) | Yes |  | No | No | No | No | No | No | No | No | No | No | No | 4560 | 7.019 | Yes | Yes | N/A | Yes | Yes | N/A | N/A | Yes | N/A | N/A | 9124.96 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;47 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 9622.45 | 7.543 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 16728.85 | N/A | Employed | Not<br>Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;49 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 6778.71 | 7.32 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | N/A | Yes | Yes | 20355.67 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;694 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | Yes | Yes | Yes | No | Yes | N/A | N/A | 10347.74 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;178 | XXXXXX |  |  | XX/XX/XXXX | QM: Higher Priced APOR (APOR HP) | QM: Safe Harbor APOR (APOR SH) | Yes |  | No | No | No | No | No | No | No | No | No | No | No | 9378.6 | 7.264 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 13908.27 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;400 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 13843.35 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;860 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | Yes | Yes | Yes | N/A | N/A | N/A | N/A | 10735.99 | N/A | Employed | Not<br>Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;244 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | No | Yes | No | No | No | No | No | No | No | No | No | 5516.25 | 6.7 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 8611.24 | N/A | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;187 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | Yes | No | No | No | No | No | No | No | No | No | 13888.91 | 7.777 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | 8584.27 | N/A | Employed | Not<br>Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;153 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.94 | Yes | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 18258.53 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;727 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | Yes | Yes | Yes | Yes | Yes | Yes | Yes | 19203.12 | Yes | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;398 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 30165.05 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;392 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 1750 | 7.58 | Yes | Yes | N/A | Yes | Yes | N/A | N/A | Yes | N/A | N/A | 7123.35 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;126 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  |  | Yes | N/A | N/A | N/A | Yes | N/A | N/A | N/A | N/A | N/A | 10260.04 | N/A | Employed |  | No |  | Yes | N/A |
| &nbsp;&nbsp;&nbsp;128 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 9680.79 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;728 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  |  | Yes | N/A | Pending<br>Credit<br>Review | Yes | N/A | Yes | N/A | Yes | N/A | N/A | 9472.48 | N/A | Employed |  | No |  | Yes | N/A |
| &nbsp;&nbsp;&nbsp;139 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 5069.98 | N/A | Not<br>Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;687 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | N/A | N/A | N/A | N/A | Yes | N/A | N/A | Pending<br>Credit<br>Review | N/A | 8024.15 | N/A | Retired | Not<br>Employed | No | No | Yes | Missing |

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan ID** | **Investor<br>Loan ID** | **Lender Application Date** | **Originator QM Status** | **Final QM Status** | **Originator<br>QM<br>Status<br>Difference<br>than Final<br>QM<br>Status?** | **Reason<br>Why<br>NonQM<br>Final<br>Status** | **APR<br>Pricing<br>Threshold<br>Exceeded?** | **QM DTI<br>Threshold<br>Exceeded?** | **Higher<br>Priced<br>Mortgage<br>Loan<br>(HPML)?** | **Negatively<br>Amortizing<br>Loan?** | **Principal<br>Deferment?** | **Interest<br>Only<br>Flag?** | **Prepayment<br>Penalty?** | **Balloon<br>Flag?** | **Adjustable<br>Rate<br>Balloon?** | **Loan<br>Term<br>Less<br>Than<br>5 Years?** | **QM<br>Points and<br>Fees<br>Threshold<br>Exceeded?** | **QM<br>Total Points<br>and Fees** | **APR** | **ATR:<br>Qualifying<br>Payment<br>Properly<br>Considered?** | **ATR:<br>Current<br>Employment/Self-Employment<br>Verified?** | **ATR:<br>Balloon<br>Qualifying<br>Payment<br>Properly<br>Considered?** | **ATR:<br>Reasonable<br>Income or<br>Assets<br>Considered?** | **ATR:<br>Subject<br>PITIA<br>Adequately<br>Documented?** | **ATR: All<br>Liabilities<br>Including<br>Alimony<br>and Child<br>Support<br>in DTI?** | **ATR:<br>Simultaneous<br>Loan<br>Calculated<br>Properly** | **ATR:<br>Credit<br>History<br>was<br>Considered<br>Properly?** | **ATR: Did<br>Lender<br>Document<br>All ATR<br>Factors?** | **ATR:<br>Was an<br>ATR/QM<br>Residual<br>Income<br>Analysis<br>Provided?** | **Residual<br>Income** | **Residual<br>Income<br>Meets<br>Guidelines?** | **Borrower 1<br>Employment<br>Indicator** | **Borrower 2<br>Employment<br>Indicator** | **Borrower<br>1 Foreign<br>National<br>Indicator** | **Borrower<br>2 Foreign<br>National<br>Indicator** | **Business<br>Purpose<br>Loan?** | **Business<br>Purpose<br>Verified?** |
| &nbsp;&nbsp;&nbsp;144 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.649 | Yes | N/A | Yes | N/A | N/A | Yes | N/A | N/A | N/A | N/A | 8424.94 | N/A | Employed | Not<br>Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;135 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | Yes | No | No | No | No | No | No | No | No | No | 4374.65 | 7.65 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 8021.16 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;25 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | N/A | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 10865.18 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;472 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 13395.92 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;394 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 11409.79 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;81 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 5.613 | Yes | Yes | N/A | Yes | N/A | N/A | N/A | N/A | N/A | N/A | 14607.93 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;637 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 38569.12 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;404 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | Yes | N/A | N/A | N/A | N/A | 7027.45 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;376 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | Yes | N/A | Yes | Yes | Yes | N/A | N/A | 2928.35 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;715 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | N/A | N/A | N/A | Yes | Yes | N/A | Yes | Yes | Yes | 20100.03 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;1037 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | No | No | No | No | No | No | No | No | No | No | No | 7067.75 | 7.5 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 19469.99 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;105 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 1801.28 | 6.922 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 11110.3 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;393 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Pending<br>Credit<br>Review | Yes | Pending<br>Credit<br>Review | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 15140.13 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;730 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 1350 | 7.584 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 13260.54 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;92 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | No | No | No | No | No | No | No | No | No | No | No | 1790 | 7.573 | N/A | N/A | N/A | N/A | N/A | Yes | N/A | N/A | N/A | Yes | 14208.4 | Yes | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;95 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | Yes | Yes | Yes | Yes | N/A | N/A | N/A | 17733.83 | N/A | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;113 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | N/A | Yes | Yes | N/A | Yes | Yes | Yes | 22120.23 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;226 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | 7870.81 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;198 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | Yes | Yes | Yes | Yes | Yes | Yes | Yes | 27510.89 | Yes | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;89 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 8845.34 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;383 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.04 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | 42208.13 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;8 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 8481.97 | N/A | Employed | Not<br>Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;720 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 22625.91 | N/A | Employed | Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;362 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 44458.51 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;274 | XXXXXX |  |  | XX/XX/XXXX | QM: Higher Priced APOR (APOR HP) | ATR/QM: Exempt | Yes |  | No | No | No | No | No | No | No | No | No | No | No | 1200 | 7.235 | Yes | Yes | N/A | Yes | Yes | N/A | N/A | Yes | Yes | Yes | 5788.12 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;651 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 7033.47 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;91 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 10841.85 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;505 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 20782.46 | N/A | Not<br>Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;364 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 2245 | 7.476 | Yes | Yes | N/A | Yes | Yes | N/A | N/A | Yes | N/A | N/A | 14789.02 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;293 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | Yes | Yes | N/A | N/A | N/A | N/A | N/A | 20146.91 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;87 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 14454.09 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;110 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.144 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 31173.47 | N/A | Employed | Employed | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;104 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 24006.58 | Yes | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;873 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | Yes | N/A | Yes | N/A | Yes | N/A | N/A | N/A | N/A | 24527.74 | N/A | Employed | Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;410 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | QM: Safe Harbor APOR (APOR SH) | Yes |  | No | No | No | No | No | No | No | No | No | No | No | 4725 | 7.355 | Yes | Yes | N/A | Yes | N/A | Yes | Yes | N/A | Yes | Yes | 13437.4 | Yes | Employed | Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;411 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | N/A | N/A | Yes | N/A | N/A | N/A | N/A | 15905.31 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;886 | XXXXXX |  |  | XX/XX/XXXX | QM: Higher Priced APOR (APOR HP) | QM: Safe Harbor APOR (APOR SH) | Yes |  | No | Yes | No | No | No | No | No | No | No | No | No | 0 | 7.234 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 5720.48 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;303 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 8.117 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Pending<br>Credit<br>Review | Pending<br>Credit<br>Review | 10707.89 | N/A | Employed |  | No |  | Yes | N/A |
| &nbsp;&nbsp;&nbsp;288 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 8837.52 | 7.751 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | No | 16861.37 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;735 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 1225 | 6.949 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 10851.34 | N/A | Employed |  | No |  | No |  |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan ID** | **Investor<br>Loan ID** | **Lender**<br> **Application**<br> **Date** | **Originator QM Status** | **Final QM Status** | **Originator<br>QM<br>Status<br>Difference<br>than Final<br>QM<br>Status?** | **Reason<br>Why<br>NonQM<br>Final<br>Status** | **APR<br>Pricing<br>Threshold<br>Exceeded?** | **QM DTI<br>Threshold<br>Exceeded?** | **Higher<br>Priced<br>Mortgage<br>Loan<br>(HPML)?** | **Negatively<br>Amortizing<br>Loan?** | **Principal<br>Deferment?** | **Interest<br>Only<br>Flag?** | **Prepayment<br>Penalty?** | **Balloon<br>Flag?** | **Adjustable<br>Rate<br>Balloon?** | **Loan<br>Term<br>Less<br>Than<br>5 Years?** | **QM<br>Points and<br>Fees<br>Threshold<br>Exceeded?** | **QM<br>Total Points<br>and Fees** | **APR** | **ATR:<br>Qualifying<br>Payment<br>Properly<br>Considered?** | **ATR:<br>Current<br>Employment/Self-Employment<br>Verified?** | **ATR:<br>Balloon<br>Qualifying<br>Payment<br>Properly<br>Considered?** | **ATR:<br>Reasonable<br>Income or<br>Assets<br>Considered?** | **ATR:<br>Subject<br>PITIA<br>Adequately<br>Documented?** | **ATR: All<br>Liabilities<br>Including<br>Alimony<br>and Child<br>Support<br>in DTI?** | **ATR:<br>Simultaneous<br>Loan<br>Calculated<br>Properly** | **ATR:<br>Credit<br>History<br>was<br>Considered<br>Properly?** | **ATR: Did<br>Lender<br>Document<br>All ATR<br>Factors?** | **ATR:<br>Was an<br>ATR/QM<br>Residual<br>Income<br>Analysis<br>Provided?** | **Residual<br>Income** | **Residual<br>Income<br>Meets<br>Guidelines?** | **Borrower 1<br>Employment<br>Indicator** | **Borrower 2<br>Employment<br>Indicator** | **Borrower<br>1 Foreign<br>National<br>Indicator** | **Borrower<br>2 Foreign<br>National<br>Indicator** | **Business<br>Purpose<br>Loan?** | **Business<br>Purpose<br>Verified?** |
| &nbsp;&nbsp;&nbsp;801 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 7550 | 6.412 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | Yes | Yes | Yes | 10104.95 | Yes | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;965 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 975 | 6.648 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 13618.7 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;292 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 10947.98 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;287 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | N/A | N/A | N/A | Yes | N/A | N/A | N/A | N/A | N/A | 5786.72 | N/A | Employed |  | No |  | Yes | N/A |
| &nbsp;&nbsp;&nbsp;1047 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | Yes | Yes | Yes | Yes | Yes | N/A | N/A | 14681.57 | N/A | Not<br>Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;631 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  |  | Yes | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 6833.05 | N/A | Employed |  | No |  | Yes | N/A |
| &nbsp;&nbsp;&nbsp;294 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.25 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 7797.72 | N/A | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;473 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 7012.36 | N/A | Employed |  | No |  | Yes | N/A |
| &nbsp;&nbsp;&nbsp;805 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 11803.83 | N/A | Employed | Not<br>Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;188 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4280.77 | N/A | Retired |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;447 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 15638.4 | N/A | Employed | Employed | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;179 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 17273.82 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;639 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | Yes | No | No | No | No | No | No | No | No | No | 1550 | 7.094 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 13315.51 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;193 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.961 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 9209.45 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;281 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 10666.19 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;176 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | N/A | N/A | N/A | Yes | N/A | N/A | Yes | N/A | N/A | 14593.3 | N/A | Employed | Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;98 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 3645.2 | N/A | Not<br>Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;297 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | QM: Safe Harbor APOR (APOR SH) | Yes |  | No | No | No | No | No | No | No | No | No | No | No | 7360 | 7.237 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | 3200.25 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;107 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | N/A | N/A | Yes | Yes | Yes | Yes | N/A | N/A | N/A | 29438.88 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;122 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 5482.6 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;915 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  |  | Yes | N/A | N/A | Yes | N/A | N/A | Yes | N/A | N/A | N/A | 12216.03 | Yes | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;634 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 22961.44 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;314 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 17524.27 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;332 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 182.12 | 7.045 | Yes | Yes | N/A | Yes | Yes | N/A | N/A | Yes | Yes | Yes | 51964.01 | N/A | Employed | Not<br>Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;514 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 13281.99 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;342 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | Yes | Yes | Yes | Yes | Yes | Yes | No | 12777.1 | Yes | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;560 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 0 | 7.41 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 25087.96 | N/A | Not<br>Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;495 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 5219.58 | N/A | Employed | Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;992 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.23 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 7662 | N/A | Employed | Unknown | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;931 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.428 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 50236.7 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;109 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.317 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 32774 | N/A | Employed | Not<br>Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;734 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.811 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | Yes | Yes | Yes | 181679.46 | N/A | Not<br>Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;1042 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 5090.36 | 7.659 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 17442.47 | N/A | Employed | Not<br>Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;642 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | No | Yes | No | No | No | No | No | No | No | No | No | 1380 | 7.066 | Yes | Yes | N/A | Yes | N/A | Yes | N/A | Yes | N/A | N/A | 8714.8 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;210 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | Yes | No | No | No | No | No | No | No | No | No | 5645 | 7.232 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 6097.08 | N/A | Employed | Not<br>Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;189 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.23 | Yes | Yes | N/A | N/A | Yes | Yes | N/A | N/A | Yes | Yes | 6511.85 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;480 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 985 | 7.33 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 13432.11 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;619 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | Pending<br>Credit<br>Review | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 18817.71 | N/A | Employed | Not<br>Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;974 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 8.125 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 23885.7 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;191 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | 19972.86 | N/A | Employed |  | No |  | Yes | N/A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan ID** | **Investor<br>Loan ID** | **Lender Application Date** | **Originator QM Status** | **Final QM Status** | **Originator<br>QM<br>Status<br>Difference<br>than Final<br>QM<br>Status?** | **Reason<br>Why<br>NonQM<br>Final<br>Status** | **APR<br>Pricing<br>Threshold<br>Exceeded?** | **QM DTI<br>Threshold<br>Exceeded?** | **Higher<br>Priced<br>Mortgage<br>Loan<br>(HPML)?** | **Negatively<br>Amortizing<br>Loan?** | **Principal<br>Deferment?** | **Interest<br>Only<br>Flag?** | **Prepayment<br>Penalty?** | **Balloon<br>Flag?** | **Adjustable<br>Rate<br>Balloon?** | **Loan<br>Term<br>Less<br>Than<br>5 Years?** | **QM<br>Points and<br>Fees<br>Threshold<br>Exceeded?** | **QM<br>Total Points<br>and Fees** | **APR** | **ATR:<br>Qualifying<br>Payment<br>Properly<br>Considered?** | **ATR:<br>Current<br>Employment/Self-Employment<br>Verified?** | **ATR:<br>Balloon<br>Qualifying<br>Payment<br>Properly<br>Considered?** | **ATR:<br>Reasonable<br>Income or<br>Assets<br>Considered?** | **ATR:<br>Subject<br>PITIA<br>Adequately<br>Documented?** | **ATR: All<br>Liabilities<br>Including<br>Alimony<br>and Child<br>Support<br>in DTI?** | **ATR:<br>Simultaneous<br>Loan<br>Calculated<br>Properly** | **ATR:<br>Credit<br>History<br>was<br>Considered<br>Properly?** | **ATR: Did<br>Lender<br>Document<br>All ATR<br>Factors?** | **ATR:<br>Was an<br>ATR/QM<br>Residual<br>Income<br>Analysis<br>Provided?** | **Residual<br>Income** | **Residual<br>Income<br>Meets<br>Guidelines?** | **Borrower 1<br>Employment<br>Indicator** | **Borrower 2<br>Employment<br>Indicator** | **Borrower<br>1 Foreign<br>National<br>Indicator** | **Borrower<br>2 Foreign<br>National<br>Indicator** | **Business<br>Purpose<br>Loan?** | **Business<br>Purpose<br>Verified?** |
| &nbsp;&nbsp;&nbsp;212 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | Yes | No | No | No | No | No | No | No | No | No | 6901 | 7.753 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 5520.55 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;264 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 8595.78 | 7.029 | Yes | Yes | N/A | Yes | Yes | N/A | N/A | Yes | Yes | Yes | 39069.82 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;699 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 8023.13 | 7.668 | Yes | N/A | Pending<br>Credit<br>Review | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4884.46 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;452 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.886 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 5666.88 | N/A | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;211 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.191 | Yes | Yes | N/A | Yes | N/A | Yes | N/A | Yes | N/A | N/A | 13588.24 | N/A | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;324 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.486 | Yes | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Yes | 5895.85 | Yes | Employed | Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;763 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.454 | Yes | Yes | N/A | Yes | Yes | N/A | N/A | N/A | N/A | N/A | 16699.14 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;621 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.4 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 11521.34 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;494 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.873 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 10025.63 | N/A | Employed | Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;625 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 6.566 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 16289.54 | N/A | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;776 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 31975.5 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;240 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3121.44 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;326 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.831 | Yes | Yes | N/A | Yes | N/A | Yes | Yes | Yes | Yes | N/A | 17966.67 | Yes | Employed | Employed | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;245 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 6096.25 | 7.015 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 17929.67 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;986 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.794 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 13462.16 | N/A | Employed | Not Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;220 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 8355.45 | 7.207 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 10952.73 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;236 | XXXXXX |  |  | XX/XX/XXXX | QM: Rebuttable Presumption DTI (DTI RP) | QM: Safe Harbor APOR (APOR SH) | Yes |  | No | No | No | No | No | No | No | No | No | No | No | 2490 | 7.332 | Yes | Yes | N/A | Yes | N/A | N/A | N/A | N/A | Yes | Yes | 14633.17 | Yes | Employed | Employed | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;331 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.254 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 11081.82 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;225 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 6.875 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 10956.6 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;242 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 1495 | 6.921 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | Yes | Yes | No | 22839.53 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;259 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 8.424 | Yes | N/A | Yes | Yes | Yes | N/A | N/A | Yes | N/A | N/A | 31819.51 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;233 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.948 | Pending<br>Credit<br>Review | N/A | Pending<br>Credit<br>Review | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 9512.07 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;319 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | No | Yes | No | No | No | No | No | No | No | No | No | 1698 | 7.57 | N/A | Yes | N/A | Yes | N/A | N/A | N/A | N/A | N/A | N/A | 10849.04 | Yes | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;214 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.759 | Pending<br>Credit<br>Review | Yes | N/A | Yes | Yes | Yes | Yes | N/A | N/A | N/A | 6444.05 | N/A | Not<br>Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;351 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.506 | Yes | Yes | N/A | Yes | Yes | N/A | N/A | Yes | N/A | N/A | 11854.38 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;343 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor DTI (DTI SH) | QM: Safe Harbor APOR (APOR SH) | Yes |  | No | No | No | No | No | No | No | No | No | No | No | 8366.26 | 7.455 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 14820.14 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;346 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 6.867 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3581.39 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;345 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.282 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 23012.66 | N/A | Employed | Not Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;349 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 8.307 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 13531.57 | N/A | Retired | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;277 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.524 | Yes | N/A | N/A | Yes | Yes | N/A | N/A | N/A | N/A | N/A | 10477.4 | N/A | Employed | Retired | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;180 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | Yes | No | No | No | No | No | No | No | No | No | 9580 | 7.395 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | Yes | Yes | Yes | 14361.36 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;270 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 1990 | 6.957 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | 22562.12 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;606 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.002 | Yes | N/A | N/A | N/A | Yes | N/A | N/A | Yes | N/A | N/A | 4603.38 | N/A | Employed |  | No |  | Yes | N/A |
| &nbsp;&nbsp;&nbsp;626 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.651 | N/A | Yes | N/A | Yes | N/A | N/A | N/A | N/A | N/A | N/A | 46699.93 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;994 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 975 | 7.198 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 13338.34 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;316 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.397 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 20328.18 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;736 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.352 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 10454.02 | N/A | Employed |  | No |  | Yes | N/A |
| &nbsp;&nbsp;&nbsp;312 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | Yes | No | No | No | No | No | No | No | No | No | 4046.25 | 7.537 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | Yes | Yes | Yes | 12990.47 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;455 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 6.896 | N/A | Yes | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 6105.31 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;284 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 1710 | 7.459 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 6537.33 | N/A | Employed | Not Employed | No | No | No |  |

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan ID** | **Investor<br>Loan ID** | **Lender**<br> **Application**<br> **Date** | **Originator QM Status** | **Final QM Status** | **Originator<br>QM<br>Status<br>Difference<br>than Final<br>QM<br>Status?** | **Reason<br>Why<br>NonQM<br>Final<br>Status** | **APR<br>Pricing<br>Threshold<br>Exceeded?** | **QM DTI<br>Threshold<br>Exceeded?** | **Higher<br>Priced<br>Mortgage<br>Loan<br>(HPML)?** | **Negatively<br>Amortizing<br>Loan?** | **Principal<br>Deferment?** | **Interest<br>Only<br>Flag?** | **Prepayment<br>Penalty?** | **Balloon<br>Flag?** | **Adjustable<br>Rate<br>Balloon?** | **Loan<br>Term<br>Less<br>Than<br>5 Years?** | **QM<br>Points and<br>Fees<br>Threshold<br>Exceeded?** | **QM<br>Total Points<br>and Fees** | **APR** | **ATR:<br>Qualifying<br>Payment<br>Properly<br>Considered?** | **ATR:<br>Current<br>Employment/Self-Employment<br>Verified?** | **ATR:<br>Balloon<br>Qualifying<br>Payment<br>Properly<br>Considered?** | **ATR:<br>Reasonable<br>Income or<br>Assets<br>Considered?** | **ATR:<br>Subject<br>PITIA<br>Adequately<br>Documented?** | **ATR: All<br>Liabilities<br>Including<br>Alimony<br>and Child<br>Support<br>in DTI?** | **ATR:<br>Simultaneous<br>Loan<br>Calculated<br>Properly** | **ATR:<br>Credit<br>History<br>was<br>Considered<br>Properly?** | **ATR: Did<br>Lender<br>Document<br>All ATR<br>Factors?** | **ATR:<br>Was an<br>ATR/QM<br>Residual<br>Income<br>Analysis<br>Provided?** | **Residual<br>Income** | **Residual<br>Income<br>Meets<br>Guidelines?** | **Borrower 1<br>Employment<br>Indicator** | **Borrower 2<br>Employment<br>Indicator** | **Borrower<br>1 Foreign<br>National<br>Indicator** | **Borrower<br>2 Foreign<br>National<br>Indicator** | **Business<br>Purpose<br>Loan?** | **Business<br>Purpose<br>Verified?** |
| &nbsp;&nbsp;&nbsp;348 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.433 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 31302.1 | N/A | Employed | Not Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;317 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.805 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 8111.49 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;382 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.807 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 10862.68 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;24 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 5.912 | Yes | Yes | N/A | Yes | N/A | Yes | N/A | Yes | N/A | N/A | 15050.76 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;690 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 6.706 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3992.48 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;587 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 6.413 | Yes | Yes | N/A | Yes | N/A | N/A | N/A | Yes | N/A | N/A | 8340.81 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;499 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.468 | Yes | N/A | N/A | N/A | Yes | N/A | N/A | N/A | N/A | N/A | 20553.57 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;251 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 8.149 | Yes | Yes | N/A | Yes | N/A | N/A | N/A | N/A | N/A | N/A | 11469.52 | N/A | Employed |  | No |  | Yes | N/A |
| &nbsp;&nbsp;&nbsp;989 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.351 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 20860.4 | N/A | Employed | Not Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;16 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 6.789 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 37256.24 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;1018 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.739 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | 32670.2 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;987 | XXXXXX |  |  | XX/XX/XXXX |  | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.865 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 20986.99 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;1008 | XXXXXX |  |  | XX/XX/XXXX | QM: Rebuttable Presumption DTI (DTI RP) | QM: Safe Harbor APOR (APOR SH) | Yes |  | No | Yes | No | No | No | No | No | No | No | No | No | 8629.38 | 7.833 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 9195.88 | N/A | Not Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;984 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.49 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 12387.33 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;1003 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.817 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 11754.65 | N/A | Employed | Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;999 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 1645 | 7.087 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 21294.64 | N/A | Employed | Not Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;15 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | Yes | No | No | No | No | No | No | No | No | No | 1804.7 | 7.199 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 3968.69 | N/A | Retired | Retired | No | No | No |  |
| &nbsp;&nbsp;&nbsp;998 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 1595 | 7.422 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 14047.66 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;529 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.501 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 10585.99 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;258 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 2090 | 7.506 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | 4109.25 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;267 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.884 | N/A | N/A | N/A | Yes | N/A | N/A | N/A | N/A | N/A | N/A | 26636.32 | Yes | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;330 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor DTI (DTI SH) | QM: Safe Harbor APOR (APOR SH) | Yes |  | No | No | No | No | No | No | No | No | No | No | No | 3860.8 | 7.521 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | Yes | Yes | Yes | 14762.23 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;263 | XXXXXX |  |  | XX/XX/XXXX | QM: Higher Priced APOR (APOR HP) | QM: Safe Harbor APOR (APOR SH) | Yes |  | No | No | No | No | No | No | No | No | No | No | No | 5753.75 | 8.023 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | Yes | Yes | N/A | 11031.42 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;256 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.536 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 4000.75 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;347 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 0 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 6992.55 | N/A | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;341 | XXXXXX |  |  | XX/XX/XXXX |  | ATR/QM: Exempt | Yes |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.896 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 6155.73 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;788 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.461 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 22308.79 | N/A | Employed | Employed | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;329 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 2172.24 | 6.592 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 6330.77 | N/A | Retired |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;357 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.938 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 37700.1 | N/A | Employed | Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;943 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | No | Yes | No | No | No | No | No | No | No | No | No | 8098.01 | 7.77 | Yes | N/A | N/A | N/A | N/A | N/A | N/A | Yes | N/A | N/A | 9725.04 | N/A | Employed | Employed | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;460 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.749 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 12580.08 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;510 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.522 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 13987.84 | N/A | Retired |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;497 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | Yes | No | No | No | No | No | No | No | No | No | 1045 | 7.425 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 7377.71 | N/A | Employed | Not Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;555 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.334 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 7004.52 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;461 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.148 | Yes | N/A | N/A | N/A | Yes | N/A | N/A | N/A | N/A | N/A | 13557.08 | N/A | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;463 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 6.25 | Yes | Yes | N/A | Yes | N/A | Yes | N/A | Yes | N/A | N/A | 14137.85 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;507 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.073 | Yes | Yes | N/A | Yes | N/A | Yes | N/A | Yes | N/A | N/A | 4859.79 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;613 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 21170.72 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;544 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.063 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 69284.07 | N/A | Employed | Employed | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;769 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.581 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 11555.02 | N/A | Employed | Employed | No | No | Yes | Missing |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan ID** | **Investor<br>Loan ID** | **Lender Application Date** | **Originator QM Status** | **Final QM Status** | **Originator<br>QM<br>Status<br>Difference<br>than Final<br>QM<br>Status?** | **Reason<br>Why<br>NonQM<br>Final<br>Status** | **APR<br>Pricing<br>Threshold<br>Exceeded?** | **QM DTI<br>Threshold<br>Exceeded?** | **Higher<br>Priced<br>Mortgage<br>Loan<br>(HPML)?** | **Negatively<br>Amortizing<br>Loan?** | **Principal<br>Deferment?** | **Interest<br>Only<br>Flag?** | **Prepayment<br>Penalty?** | **Balloon<br>Flag?** | **Adjustable<br>Rate<br>Balloon?** | **Loan<br>Term<br>Less<br>Than<br>5 Years?** | **QM<br>Points and<br>Fees<br>Threshold<br>Exceeded?** | **QM<br>Total Points<br>and Fees** | **APR** | **ATR:<br>Qualifying<br>Payment<br>Properly<br>Considered?** | **ATR:<br>Current<br>Employment/Self-Employment<br>Verified?** | **ATR:<br>Balloon<br>Qualifying<br>Payment<br>Properly<br>Considered?** | **ATR:<br>Reasonable<br>Income or<br>Assets<br>Considered?** | **ATR:<br>Subject<br>PITIA<br>Adequately<br>Documented?** | **ATR: All<br>Liabilities<br>Including<br>Alimony<br>and Child<br>Support<br>in DTI?** | **ATR:<br>Simultaneous<br>Loan<br>Calculated<br>Properly** | **ATR:<br>Credit<br>History<br>was<br>Considered<br>Properly?** | **ATR: Did<br>Lender<br>Document<br>All ATR<br>Factors?** | **ATR:<br>Was an<br>ATR/QM<br>Residual<br>Income<br>Analysis<br>Provided?** | **Residual<br>Income** | **Residual<br>Income<br>Meets<br>Guidelines?** | **Borrower 1<br>Employment<br>Indicator** | **Borrower 2<br>Employment<br>Indicator** | **Borrower<br>1 Foreign<br>National<br>Indicator** | **Borrower<br>2 Foreign<br>National<br>Indicator** | **Business<br>Purpose<br>Loan?** | **Business<br>Purpose<br>Verified?** |
| &nbsp;&nbsp;&nbsp;847 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.382 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 36439.9 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;704 | XXXXXX |  |  | XX/XX/XXXX | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | Yes |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.863 | Yes | N/A | N/A | Yes | Yes | N/A | N/A | N/A | N/A | N/A | 7568.83 | N/A | Employed | Employed | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;533 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 136.833 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 7667.81 | N/A | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;465 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.506 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 22061.22 | N/A | Not<br>Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;548 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.936 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 59330.91 | N/A | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;708 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.618 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 7666.74 | N/A | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;551 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 1495 | 7.58 | Yes | Yes | N/A | Yes | Yes | N/A | N/A | Yes | Yes | Yes | 4670.52 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;895 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.013 | Yes | N/A | N/A | Yes | Yes | Yes | N/A | N/A | N/A | N/A | 5346.07 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;511 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.479 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 18490.51 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;828 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.342 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 32203.66 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;598 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.252 | Yes | N/A | N/A | N/A | N/A | N/A | N/A | Yes | N/A | N/A | 17630.08 | N/A | Employed | Not<br>Employed | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;607 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.467 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 12021.05 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;610 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 2157.75 | 7.34 | Yes | N/A | N/A | Yes | Yes | Yes | Yes | N/A | Yes | Yes | 12961.01 | N/A | Retired | Retired | No | No | No |  |
| &nbsp;&nbsp;&nbsp;921 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.916 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 4337.94 | N/A | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;630 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 4421.16 | 7.058 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 5302.47 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;618 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 4396.53 | 7.191 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 18031.54 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;1032 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 8.17 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 8757 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;882 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.552 | Yes | N/A | N/A | N/A | Yes | N/A | N/A | N/A | N/A | N/A | 4778.39 | N/A | Retired | Employed | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;528 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.256 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 6277.29 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;530 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 3250 | 7.432 | Pending<br>Credit<br>Review | Yes | Pending<br>Credit<br>Review | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 17135.9 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;524 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.734 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 23730.12 | N/A | Employed | Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;691 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | No | No | No | No | No | No | No | No | No | No | No | 1990 | 7.419 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 6226.92 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;624 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.302 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | N/A | N/A | N/A | 14508.49 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;594 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.01 | N/A | Yes | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 6601.97 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;759 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.673 | Yes | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 10246.29 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;1024 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.866 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 5974.04 | N/A | Retired |  | No |  | Yes | N/A |
| &nbsp;&nbsp;&nbsp;582 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.607 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 53783.01 | N/A | Employed | Employed | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;574 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.851 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 17223.06 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;595 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.081 | Yes | Yes | N/A | Yes | Yes | N/A | N/A | Yes | Yes | Yes | 9165.62 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;581 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.218 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 9642.55 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;946 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.881 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 23180.12 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;536 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.201 | Yes | Yes | N/A | Yes | N/A | Yes | Yes | Yes | N/A | N/A | 6558.18 | N/A | Not<br>Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;578 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.178 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3287.22 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;791 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.67 | Yes | N/A | N/A | N/A | N/A | N/A | N/A | Yes | N/A | N/A | 3718.66 | N/A | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;719 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.6 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 32825.02 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;710 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 1635 | 7.544 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | 27560.66 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;762 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.468 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 10008.97 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;561 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.191 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 17727.27 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;731 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 1180 | 7.574 | N/A | Yes | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 10073.54 | Yes | Not<br>Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;797 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.539 | Yes | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 9797.38 | N/A | Employed | Employed | No | No | Yes | N/A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan ID** | **Investor<br>Loan ID** | **Lender Application Date** | **Originator QM Status** | **Final QM Status** | **Originator<br>QM<br>Status<br>Difference<br>than Final<br>QM<br>Status?** | **Reason<br>Why<br>NonQM<br>Final<br>Status** | **APR<br>Pricing<br>Threshold<br>Exceeded?** | **QM DTI<br>Threshold<br>Exceeded?** | **Higher<br>Priced<br>Mortgage<br>Loan<br>(HPML)?** | **Negatively<br>Amortizing<br>Loan?** | **Principal<br>Deferment?** | **Interest<br>Only<br>Flag?** | **Prepayment<br>Penalty?** | **Balloon<br>Flag?** | **Adjustable<br>Rate<br>Balloon?** | **Loan<br>Term<br>Less<br>Than<br>5 Years?** | **QM<br>Points and<br>Fees<br>Threshold<br>Exceeded?** | **QM<br>Total Points<br>and Fees** | **APR** | **ATR:<br>Qualifying<br>Payment<br>Properly<br>Considered?** | **ATR:<br>Current<br>Employment/Self-Employment<br>Verified?** | **ATR:<br>Balloon<br>Qualifying<br>Payment<br>Properly<br>Considered?** | **ATR:<br>Reasonable<br>Income or<br>Assets<br>Considered?** | **ATR:<br>Subject<br>PITIA<br>Adequately<br>Documented?** | **ATR: All<br>Liabilities<br>Including<br>Alimony<br>and Child<br>Support<br>in DTI?** | **ATR:<br>Simultaneous<br>Loan<br>Calculated<br>Properly** | **ATR:<br>Credit<br>History<br>was<br>Considered<br>Properly?** | **ATR: Did<br>Lender<br>Document<br>All ATR<br>Factors?** | **ATR:<br>Was an<br>ATR/QM<br>Residual<br>Income<br>Analysis<br>Provided?** | **Residual<br>Income** | **Residual<br>Income<br>Meets<br>Guidelines?** | **Borrower 1<br>Employment<br>Indicator** | **Borrower 2<br>Employment<br>Indicator** | **Borrower<br>1 Foreign<br>National<br>Indicator** | **Borrower<br>2 Foreign<br>National<br>Indicator** | **Business<br>Purpose<br>Loan?** | **Business<br>Purpose<br>Verified?** |
| &nbsp;&nbsp;&nbsp;717 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 6.804 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | N/A | N/A | N/A | 24791.09 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;3 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.022 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 9643.55 | N/A | Not<br>Employed | Employed | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;4 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 2327.5 | 6.086 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 7498.22 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;599 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.721 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 5854.33 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;1020 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.305 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 8642.32 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;800 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 1698 | 7.346 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 15042.87 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;771 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 6.982 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 8166.96 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;1023 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.218 | Yes | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 5410.04 | N/A | Retired | Retired | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;693 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.655 | Yes | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 26016.67 | N/A | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;1035 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.719 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | 10343.78 | N/A | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;978 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.246 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 22934.87 | N/A | Employed | Not<br>Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;944 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.796 | Yes | Yes | N/A | Yes | N/A | Yes | N/A | Yes | Yes | N/A | 3834.94 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;884 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.602 | Yes | N/A | N/A | N/A | N/A | N/A | N/A | Yes | N/A | N/A | 8259.96 | N/A | Employed | Not<br>Employed | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;972 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.485 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 16000.2 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;786 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | Yes | No | No | No | No | No | No | No | No | No | 6925.97 | 6.598 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 13766.27 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;850 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.09 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 15295.34 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;901 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.17 | N/A | N/A | N/A | Yes | Yes | N/A | N/A | N/A | N/A | N/A | 11775.93 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;963 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.721 | Yes | Yes | N/A | N/A | Yes | N/A | N/A | N/A | N/A | N/A | 9159.95 | N/A | Employed |  | No |  | Yes | N/A |
| &nbsp;&nbsp;&nbsp;928 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.242 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 11871.57 | N/A | Employed | Employed | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;668 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 0 | 6.966 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 20225.76 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;758 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.065 | N/A | Yes | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 23267.15 | Yes | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;890 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.393 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 8019.27 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;914 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 6.999 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 9818.43 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;854 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.828 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 2576.88 | N/A | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;1056 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.99 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 10192.43 | N/A | Employed | Employed | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;910 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | Yes | No | No | No | No | No | No | No | No | No | 1550 | 7.449 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 8626.72 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;929 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.473 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Pending<br>Credit<br>Review | Pending<br>Credit<br>Review | 8580.78 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;923 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 1495 | 7.282 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 29950.69 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;845 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.977 | Yes | Yes | N/A | Yes | N/A | Yes | Yes | Yes | Yes | Yes | 18617.36 | Yes | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;840 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.197 | Yes | Yes | N/A | Yes | N/A | Yes | N/A | Yes | Yes | Yes | 12056.63 | N/A | Employed | Employed | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;837 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.18 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 14326.02 | N/A | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;900 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 1053 | 7.549 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 10519.86 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;856 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 2994.38 | 7.191 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | 11532.43 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;834 | XXXXXX |  |  | XX/XX/XXXX | QM: Rebuttable Presumption DTI (DTI RP) | QM: Safe Harbor APOR (APOR SH) | Yes |  | No | No | No | No | No | No | No | No | No | No | No | 5553.98 | 7.927 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 8996.3 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;976 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.308 | N/A | Pending<br>Credit<br>Review | N/A |  | N/A | N/A | N/A | N/A | N/A | N/A | 39749.01 | N/A | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;899 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.099 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 9952.37 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;909 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.444 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 8318.56 | N/A | Employed |  | No |  | Yes | N/A |
| &nbsp;&nbsp;&nbsp;877 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.296 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 15849.78 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;829 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.439 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 13688.47 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;945 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.061 | Yes | Yes | N/A | Yes | N/A | N/A | N/A | Yes | N/A | N/A | 6303.27 | N/A | Employed | Employed | No | No | Yes | N/A |

---

------

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan ID** | **Investor<br>Loan ID** | **Lender**<br> **Application**<br> **Date** | **Originator QM Status** | **Final QM Status** | **Originator<br>QM<br>Status<br>Difference<br>than Final<br>QM<br>Status?** | **Reason<br>Why<br>NonQM<br>Final<br>Status** | **APR<br>Pricing<br>Threshold<br>Exceeded?** | **QM DTI<br>Threshold<br>Exceeded?** | **Higher<br>Priced<br>Mortgage<br>Loan<br>(HPML)?** | **Negatively<br>Amortizing<br>Loan?** | **Principal<br>Deferment?** | **Interest<br>Only<br>Flag?** | **Prepayment<br>Penalty?** | **Balloon<br>Flag?** | **Adjustable<br>Rate<br>Balloon?** | **Loan<br>Term<br>Less<br>Than<br>5 Years?** | **QM<br>Points and<br>Fees<br>Threshold<br>Exceeded?** | **QM<br>Total Points<br>and Fees** | **APR** | **ATR:<br>Qualifying<br>Payment<br>Properly<br>Considered?** | **ATR:<br>Current<br>Employment/Self-Employment<br>Verified?** | **ATR:<br>Balloon<br>Qualifying<br>Payment<br>Properly<br>Considered?** | **ATR:<br>Reasonable<br>Income or<br>Assets<br>Considered?** | **ATR:<br>Subject<br>PITIA<br>Adequately<br>Documented?** | **ATR: All<br>Liabilities<br>Including<br>Alimony<br>and Child<br>Support<br>in DTI?** | **ATR:<br>Simultaneous<br>Loan<br>Calculated<br>Properly** | **ATR:<br>Credit<br>History<br>was<br>Considered<br>Properly?** | **ATR: Did<br>Lender<br>Document<br>All ATR<br>Factors?** | **ATR:<br>Was an<br>ATR/QM<br>Residual<br>Income<br>Analysis<br>Provided?** | **Residual<br>Income** | **Residual<br>Income<br>Meets<br>Guidelines?** | **Borrower 1<br>Employment<br>Indicator** | **Borrower 2<br>Employment<br>Indicator** | **Borrower<br>1 Foreign<br>National<br>Indicator** | **Borrower<br>2 Foreign<br>National<br>Indicator** | **Business<br>Purpose<br>Loan?** | **Business<br>Purpose<br>Verified?** |
| &nbsp;&nbsp;&nbsp;903 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 7485.16 | 7.055 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | N/A | N/A | Yes | 3984.84 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;912 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | Yes | No | No | No | No | No | No | No | No | No | 8475.9 | 7.772 | Yes | Yes | N/A | Yes | Yes | N/A | N/A | Yes | Yes | Yes | 7403.73 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;969 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 1645 | 7.536 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 6623.99 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;940 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.273 | Yes | N/A | N/A | N/A | N/A | N/A | N/A | Yes | N/A | N/A | 10692.53 | N/A | Employed |  | No |  | Yes | Present |
| &nbsp;&nbsp;&nbsp;875 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | Yes | No | No | No | No | No | No | No | No | No | 3407 | 6.912 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | Yes | N/A | N/A | 5108.21 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;977 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.772 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 12754.36 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;938 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 1924 | 7.108 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | Yes | Yes | Yes | 31140.02 | N/A | Employed | Not<br>Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;956 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.209 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 7002.15 | N/A | Employed |  | No |  | Yes | N/A |
| &nbsp;&nbsp;&nbsp;971 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.769 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 12229.11 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;920 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.391 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 5352.38 | N/A | Employed |  | No |  | Yes | Missing |
| &nbsp;&nbsp;&nbsp;941 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.432 | Yes | N/A | N/A | N/A | N/A | N/A | N/A | Yes | N/A | N/A | 9046.54 | N/A | Employed | Employed | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;951 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.054 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 25987.25 | N/A | Employed | Employed | No | No | Yes | Present |
| &nbsp;&nbsp;&nbsp;949 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.876 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 23630.14 | N/A | Employed | Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;981 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | Yes | No | No | No | No | No | No | No | No | No | 3800 | 7.432 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | Yes | Yes | Yes | 3759.32 | Yes | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;964 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 6.948 | Yes | Yes | N/A | Yes | Yes | N/A | N/A | Yes | N/A | N/A | 16122.64 | N/A | Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;1014 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.144 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 10481.84 | N/A | Employed | Employed | No | No | Yes | N/A |
| &nbsp;&nbsp;&nbsp;1045 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 6270.5 | 6.926 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | N/A | N/A | 13656.68 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;1057 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 1570 | 7.204 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 17050.96 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;1029 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 8548.98 | N/A | Not<br>Employed | Employed | No | No | Yes | Missing |
| &nbsp;&nbsp;&nbsp;1051 | XXXXXX |  |  | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  |  | No |  | No | No | No | No | No | No | No |  |  | 7.936 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | Yes | Yes | Yes | 57036.23 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;380 | XXXXXX |  |  | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | No | No | No | No |  |  | 7.467 | Yes | Yes | N/A | Yes | N/A | N/A | N/A | Yes | Yes | Yes | 8780.42 | N/A | Employed | Employed | No | No | Yes | N/A |

---

## Exhibit 99.11

**EXHIBIT 99.11** 

**CONSOLIDATED ANALYTICS VALUATIONS SUMMARY REPORT** 

------

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan<br>ID** | **Investor<br>Loan<br>ID** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **Total<br>Adjusted<br>Prior<br>Purchase<br>Price** | **Primary<br>Appraised<br>Value** | **Primary<br>Appraisal Date** | **Primary<br>Appraisal<br>Type** | **Value**<br> **for**<br> **LTV** | **LTV** | **CLTV** | **Loan<br>Reviewed<br>Property<br>Value** | **Loan<br>Reviewed<br>Variance<br>Amount** | **Loan<br>Reviewed<br>Variance<br>Percent** | **Loan<br>Reviewed<br>Product<br>Type** | **Loan<br>Post-<br>Close<br>Reviewed<br>Property<br>Value** | **Loan<br>Post-<br>Close<br>Reviewed<br>Variance<br>Amount** | **Loan<br>Post-<br>Close<br>Reviewed<br>Variance<br>Percent** | **Loan<br>Post-<br>Close<br>Reviewed<br>Product<br>Type** | **Second<br>Appraisal<br>Value** | **Second<br>Appraisal<br>Variance<br>Amount** | **Second<br>Appraisal<br>Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **AVM<br>Appraised<br>Value** | **AVM<br>Variance<br>Amount** | **AVM<br>Variance<br>Percent** | **AVM<br>Confidence<br>Score** | **FSD<br>Score** | **AVM<br>Company<br>Name** | **AVM<br>Product<br>Name** | **AVM<br>Appraisal<br>Date** | **Desk<br>Review<br>Appraised<br>Value** | **Desk<br>Review<br>Variance<br>Amount** | **Desk<br>Review<br>Variance<br>Percent** | **Desk<br>Review<br>Company** | **Desk<br>Review<br>Risk<br>Score** | **Desk<br>Review<br>Appraisal<br>Date** | **Second<br>Desk<br>Review<br>Variance<br>Amount** | **Second<br>Desk<br>Review<br>Variance<br>Percent** | **Second<br>Desk<br>Review<br>Appraisal<br>Date** | **Second<br>Desk<br>Review<br>Appraised<br>Value** | **Desk Top<br>Appraised<br>Value** | **Desk<br>Top<br>Variance<br>Amount** | **Desk<br>Top<br>Variance<br>Percent** | **Desk Top<br>Company** | **Desk Top<br>Appraisal<br>Date** | **BPO<br>Appraised<br>Value** | **BPO<br>Variance<br>Amount** | **BPO<br>Variance<br>Percent** | **BPO<br>Company** | **BPO<br>Appraisal<br>Date** | **Field<br>Review<br>Appraised<br>Value** | **Field<br>Review<br>Variance<br>Amount** | **Field<br>Review<br>Variance<br>Percent** | **Field<br>Review<br>Company** | **Field<br>Review<br>Appraisal<br>Date** | **2055<br>Appraised<br>Value** | **2055<br>Variance<br>Amount** | **2055<br>Variance<br>Percent** | **2055<br>Company** | **2055<br>Appraisal<br>Date** | **AVE/<br>CMA<br>Appraised<br>Value** | **AVE/<br>CMA<br>Variance<br>Amount** | **AVE/<br>CMA<br>Variance<br>Percent** | **AVE/<br>CMA<br>Company** | **AVE/<br>CMA<br>Appraisal<br>Date** | **Other<br>Appraised<br>Value** | **Other<br>Variance<br>Amount** | **Other<br>Variance<br>Percent** | **Other<br>Appraisal<br>Date** | **Updated<br>Appraised<br>Value** | **Updated<br>Variance<br>Amount** | **Updated<br>Variance<br>Percent** | **Updated<br>Company** | **Updated<br>Appraisal<br>Date** | **Updated<br>Appraisal<br>Type** | **Loan<br>Collateral<br>Advisor<br>Risk<br>Score** | **Loan<br>Collateral<br>Advisor<br>Risk<br>Score<br>Date** | **Is Eligible for<br>Rep and<br>Warrant Relief<br>per<br>Loan Collateral<br>Advisor?** | **Collateral<br>Underwriter<br>Risk Score** | **Collateral<br>Underwriter<br>Risk<br>Score<br>Date** |
| &nbsp;&nbsp;&nbsp;72 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 73.84 | 73.84 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;2 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 71.15 | 71.15 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.8 |  |
| &nbsp;&nbsp;&nbsp;53 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;64 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;73 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 63.25 | 63.25 |  |  |  |  | XXXXXX | XXXXXX | -.0390 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | -.0390 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.6 |  |
| &nbsp;&nbsp;&nbsp;66 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;174 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1073 Individual Condo Report | XXXXXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;173 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;468 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 65.03 | 65.03 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible |  |  |
| &nbsp;&nbsp;&nbsp;68 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;56 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;59 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 3 |  |
| &nbsp;&nbsp;&nbsp;206 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 65.0 | 65.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;61 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 90.0 | 90.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 |  |
| &nbsp;&nbsp;&nbsp;65 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.7 |  |
| &nbsp;&nbsp;&nbsp;334 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 70.0 | 70.0 |  |  |  |  | XXXXXX | XXXXXX | -.0964 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | -.0964 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.9 |  |
| &nbsp;&nbsp;&nbsp;172 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;469 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 58.24 | 58.24 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| &nbsp;&nbsp;&nbsp;519 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;67 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;247 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1073 Individual Condo Report | XXXXXX | 67.87 | 67.87 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;558 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 |  |
| &nbsp;&nbsp;&nbsp;168 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1073 Individual Condo Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;433 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible |  |  |
| &nbsp;&nbsp;&nbsp;161 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;520 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;751 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible |  |  |
| &nbsp;&nbsp;&nbsp;300 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;517 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 74.75 | 74.75 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;202 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 79.58 | 79.58 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| &nbsp;&nbsp;&nbsp;742 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 61.83 | 61.83 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| &nbsp;&nbsp;&nbsp;423 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1073 Individual Condo Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.3 |  |
| &nbsp;&nbsp;&nbsp;479 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | XXXXXX | -.0249 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | -.0249 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;422 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| &nbsp;&nbsp;&nbsp;415 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.3 |  |
| &nbsp;&nbsp;&nbsp;248 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;665 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| &nbsp;&nbsp;&nbsp;557 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | None - Appraisal Waiver | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | XXXXXX | .0247 | Broker Price Opinion (BPO) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | 2.47% | XXXXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;171 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;812 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |

---

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| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan<br>ID** | **Investor<br>Loan<br>ID** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **Total<br>Adjusted<br>Prior<br>Purchase<br>Price** | **Primary<br>Appraised<br>Value** | **Primary<br>Appraisal Date** | **Primary<br>Appraisal Type** | **Value**<br> **for**<br> **LTV** | **LTV** | **CLTV** | **Loan<br>Reviewed<br>Property<br>Value** | **Loan<br>Reviewed<br>Variance<br>Amount** | **Loan<br>Reviewed<br>Variance<br>Percent** | **Loan<br>Reviewed<br>Product<br>Type** | **Loan<br>Post-<br>Close<br>Reviewed<br>Property<br>Value** | **Loan<br>Post-<br>Close<br>Reviewed<br>Variance<br>Amount** | **Loan<br>Post-<br>Close<br>Reviewed<br>Variance<br>Percent** | **Loan<br>Post-<br>Close<br>Reviewed<br>Product<br>Type** | **Second<br>Appraisal<br>Value** | **Second<br>Appraisal<br>Variance<br>Amount** | **Second<br>Appraisal<br>Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **AVM<br>Appraised<br>Value** | **AVM<br>Variance<br>Amount** | **AVM<br>Variance<br>Percent** | **AVM<br>Confidence<br>Score** | **FSD<br>Score** | **AVM<br>Company<br>Name** | **AVM<br>Product<br>Name** | **AVM<br>Appraisal<br>Date** | **Desk<br>Review<br>Appraised<br>Value** | **Desk<br>Review<br>Variance<br>Amount** | **Desk<br>Review<br>Variance<br>Percent** | **Desk<br>Review<br>Company** | **Desk<br>Review<br>Risk<br>Score** | **Desk<br>Review<br>Appraisal<br>Date** | **Second<br>Desk<br>Review<br>Variance<br>Amount** | **Second<br>Desk<br>Review<br>Variance<br>Percent** | **Second<br>Desk<br>Review<br>Appraisal<br>Date** | **Second<br>Desk<br>Review<br>Appraised<br>Value** | **Desk Top<br>Appraised<br>Value** | **Desk<br>Top<br>Variance<br>Amount** | **Desk<br>Top<br>Variance<br>Percent** | **Desk Top<br>Company** | **Desk Top<br>Appraisal<br>Date** | **BPO<br>Appraised<br>Value** | **BPO<br>Variance<br>Amount** | **BPO<br>Variance<br>Percent** | **BPO<br>Company** | **BPO<br>Appraisal<br>Date** | **Field<br>Review<br>Appraised<br>Value** | **Field<br>Review<br>Variance<br>Amount** | **Field<br>Review<br>Variance<br>Percent** | **Field<br>Review<br>Company** | **Field<br>Review<br>Appraisal<br>Date** | **2055<br>Appraised<br>Value** | **2055<br>Variance<br>Amount** | **2055<br>Variance<br>Percent** | **2055<br>Company** | **2055<br>Appraisal<br>Date** | **AVE/<br>CMA<br>Appraised<br>Value** | **AVE/<br>CMA<br>Variance<br>Amount** | **AVE/<br>CMA<br>Variance<br>Percent** | **AVE/<br>CMA<br>Company** | **AVE/<br>CMA<br>Appraisal<br>Date** | **Other<br>Appraised<br>Value** | **Other<br>Variance<br>Amount** | **Other<br>Variance<br>Percent** | **Other<br>Appraisal<br>Date** | **Updated<br>Appraised<br>Value** | **Updated<br>Variance<br>Amount** | **Updated<br>Variance<br>Percent** | **Updated<br>Company** | **Updated<br>Appraisal<br>Date** | **Updated<br>Appraisal<br>Type** | **Loan<br>Collateral<br>Advisor<br>Risk<br>Score** | **Loan<br>Collateral<br>Advisor<br>Risk<br>Score<br>Date** | **Is Eligible for<br>Rep and<br>Warrant Relief<br>per<br>Loan Collateral<br>Advisor?** | **Collateral<br>Underwriter<br>Risk Score** | **Collateral<br>Underwriter<br>Risk<br>Score<br>Date** |
| &nbsp;&nbsp;&nbsp;669 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;593 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 |  |
| &nbsp;&nbsp;&nbsp;338 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.1 |  |
| &nbsp;&nbsp;&nbsp;427 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;335 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 74.53 | 74.53 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.2 |  |
| &nbsp;&nbsp;&nbsp;518 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;827 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;934 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.1 |  |
| &nbsp;&nbsp;&nbsp;740 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | None - Appraisal Waiver | XXXXXX | 80.0 | 80.0 |  |  |  |  | XXXXXX | XXXXXX | -.0333 | Broker Price Opinion (BPO) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | -3.33% | XXXXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;426 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.1 |  |
| &nbsp;&nbsp;&nbsp;592 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.2 |  |
| &nbsp;&nbsp;&nbsp;741 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | N/A | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;868 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| &nbsp;&nbsp;&nbsp;645 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;814 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.2 |  |
| &nbsp;&nbsp;&nbsp;908 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;94 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | None - Appraisal Waiver | XXXXXX | 80.0 | 80.0 |  |  |  |  | XXXXXX | XXXXXX | .0076 | Broker Price Opinion (BPO) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | 0.76% | XXXXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;437 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 71.01 | 71.01 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| &nbsp;&nbsp;&nbsp;438 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible |  |  |
| &nbsp;&nbsp;&nbsp;684 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;936 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;559 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.5 |  |
| &nbsp;&nbsp;&nbsp;870 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.1 |  |
| &nbsp;&nbsp;&nbsp;955 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;1025 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 77.27 | 77.27 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;7 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 60.0 | 60.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.1 |  |
| &nbsp;&nbsp;&nbsp;750 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| &nbsp;&nbsp;&nbsp;664 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| &nbsp;&nbsp;&nbsp;9 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 41.67 | 41.67 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| &nbsp;&nbsp;&nbsp;12 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | None - Appraisal Waiver | XXXXXX | 64.01 | 64.01 |  |  |  |  | XXXXXX | XXXXXX | -.0947 | Broker Price Opinion (BPO) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | -9.47% | XXXXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;37 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | None - Appraisal Waiver | XXXXXX | 44.94 | 44.94 | XXXXXX | XXXXXX | .0412 | Broker Price Opinion (BPO) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | 4.12% | XXXXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;638 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | None - Appraisal Waiver | XXXXXX | 74.96 | 74.96 | XXXXXX | XXXXXX | -.2100 | Broker Price Opinion (BPO) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | -21.00% | XXXXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;143 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;38 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 40.0 | 40.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;36 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 41.98 | 41.98 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;224 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;134 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;156 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.2 |  |
| &nbsp;&nbsp;&nbsp;216 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 74.55 | 74.55 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3 |  |
| &nbsp;&nbsp;&nbsp;375 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |

---

------

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| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan<br>ID** | **Investor<br>Loan<br>ID** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **Total<br>Adjusted<br>Prior<br>Purchase<br>Price** | **Primary<br>Appraised<br>Value** | **Primary<br>Appraisal Date** | **Primary<br>Appraisal Type** | **Value**<br> **for**<br> **LTV** | **LTV** | **CLTV** | **Loan<br>Reviewed<br>Property<br>Value** | **Loan<br>Reviewed<br>Variance<br>Amount** | **Loan<br>Reviewed<br>Variance<br>Percent** | **Loan<br>Reviewed<br>Product<br>Type** | **Loan<br>Post-<br>Close<br>Reviewed<br>Property<br>Value** | **Loan<br>Post-<br>Close<br>Reviewed<br>Variance<br>Amount** | **Loan<br>Post-<br>Close<br>Reviewed<br>Variance<br>Percent** | **Loan<br>Post-<br>Close<br>Reviewed<br>Product<br>Type** | **Second<br>Appraisal<br>Value** | **Second<br>Appraisal<br>Variance<br>Amount** | **Second<br>Appraisal<br>Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **AVM<br>Appraised<br>Value** | **AVM<br>Variance<br>Amount** | **AVM<br>Variance<br>Percent** | **AVM<br>Confidence<br>Score** | **FSD<br>Score** | **AVM<br>Company<br>Name** | **AVM<br>Product<br>Name** | **AVM<br>Appraisal<br>Date** | **Desk<br>Review<br>Appraised<br>Value** | **Desk<br>Review<br>Variance<br>Amount** | **Desk<br>Review<br>Variance<br>Percent** | **Desk<br>Review<br>Company** | **Desk<br>Review<br>Risk<br>Score** | **Desk<br>Review<br>Appraisal<br>Date** | **Second<br>Desk<br>Review<br>Variance<br>Amount** | **Second<br>Desk<br>Review<br>Variance<br>Percent** | **Second<br>Desk<br>Review<br>Appraisal<br>Date** | **Second<br>Desk<br>Review<br>Appraised<br>Value** | **Desk Top<br>Appraised<br>Value** | **Desk<br>Top<br>Variance<br>Amount** | **Desk<br>Top<br>Variance<br>Percent** | **Desk Top<br>Company** | **Desk Top<br>Appraisal<br>Date** | **BPO<br>Appraised<br>Value** | **BPO<br>Variance<br>Amount** | **BPO<br>Variance<br>Percent** | **BPO<br>Company** | **BPO<br>Appraisal<br>Date** | **Field<br>Review<br>Appraised<br>Value** | **Field<br>Review<br>Variance<br>Amount** | **Field<br>Review<br>Variance<br>Percent** | **Field<br>Review<br>Company** | **Field<br>Review<br>Appraisal<br>Date** | **2055<br>Appraised<br>Value** | **2055<br>Variance<br>Amount** | **2055<br>Variance<br>Percent** | **2055<br>Company** | **2055<br>Appraisal<br>Date** | **AVE/<br>CMA<br>Appraised<br>Value** | **AVE/<br>CMA<br>Variance<br>Amount** | **AVE/<br>CMA<br>Variance<br>Percent** | **AVE/<br>CMA<br>Company** | **AVE/<br>CMA<br>Appraisal<br>Date** | **Other<br>Appraised<br>Value** | **Other<br>Variance<br>Amount** | **Other<br>Variance<br>Percent** | **Other<br>Appraisal<br>Date** | **Updated<br>Appraised<br>Value** | **Updated<br>Variance<br>Amount** | **Updated<br>Variance<br>Percent** | **Updated<br>Company** | **Updated<br>Appraisal<br>Date** | **Updated<br>Appraisal<br>Type** | **Loan<br>Collateral<br>Advisor<br>Risk<br>Score** | **Loan<br>Collateral<br>Advisor<br>Risk<br>Score<br>Date** | **Is Eligible for<br>Rep and<br>Warrant Relief<br>per<br>Loan Collateral<br>Advisor?** | **Collateral<br>Underwriter<br>Risk Score** | **Collateral<br>Underwriter<br>Risk<br>Score<br>Date** |
| &nbsp;&nbsp;&nbsp;373 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.3 |  |
| &nbsp;&nbsp;&nbsp;385 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1073 Individual Condo Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | XXXXXX | -.0302 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | -.0302 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;152 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1073 Individual Condo Report | XXXXXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.2 |  |
| &nbsp;&nbsp;&nbsp;371 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;149 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2 |  |
| &nbsp;&nbsp;&nbsp;650 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | None - Appraisal Waiver | XXXXXX | 75.0 | 75.0 | XXXXXX | XXXXXX | .0289 | Broker Price Opinion (BPO) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | 2.89% | XXXXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;809 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 65.0 | 65.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.2 |  |
| &nbsp;&nbsp;&nbsp;386 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.3 |  |
| &nbsp;&nbsp;&nbsp;48 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | None - Appraisal Waiver | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | XXXXXX | .0429 | Broker Price Opinion (BPO) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | 4.29% | XXXXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;644 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | XXXXXX | -.0333 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | -.0333 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;374 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| &nbsp;&nbsp;&nbsp;268 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;384 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| &nbsp;&nbsp;&nbsp;76 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;44 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;31 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;43 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| &nbsp;&nbsp;&nbsp;395 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.5 |  |
| &nbsp;&nbsp;&nbsp;632 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.1 |  |
| &nbsp;&nbsp;&nbsp;52 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1073 Individual Condo Report | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;30 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 90.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.8 |  |
| &nbsp;&nbsp;&nbsp;389 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;32 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1073 Individual Condo Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;47 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.6 |  |
| &nbsp;&nbsp;&nbsp;49 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 |  |
| &nbsp;&nbsp;&nbsp;694 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| &nbsp;&nbsp;&nbsp;178 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;400 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| &nbsp;&nbsp;&nbsp;860 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 73.69 | 73.69 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;244 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1073 Individual Condo Report | XXXXXX | 71.36 | 71.36 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.6 |  |
| &nbsp;&nbsp;&nbsp;187 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.4 |  |
| &nbsp;&nbsp;&nbsp;153 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.6 |  |
| &nbsp;&nbsp;&nbsp;727 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;398 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 73.32 | 73.32 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 |  |
| &nbsp;&nbsp;&nbsp;392 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;126 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.6 |  |
| &nbsp;&nbsp;&nbsp;128 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | None - Appraisal Waiver | XXXXXX | 69.66 | 69.66 | XXXXXX | XXXXXX | .0161 | Broker Price Opinion (BPO) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | 1.61% | XXXXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;728 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1073 Individual Condo Report | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| &nbsp;&nbsp;&nbsp;139 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;687 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 85.0 | 85.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |

---

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| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan<br>ID** | **Investor<br>Loan<br>ID** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **Total<br>Adjusted<br>Prior<br>Purchase<br>Price** | **Primary<br>Appraised<br>Value** | **Primary<br>Appraisal Date** | **Primary<br>Appraisal Type** | **Value**<br> **for**<br> **LTV** | **LTV** | **CLTV** | **Loan<br>Reviewed<br>Property<br>Value** | **Loan<br>Reviewed<br>Variance<br>Amount** | **Loan<br>Reviewed<br>Variance<br>Percent** | **Loan<br>Reviewed<br>Product<br>Type** | **Loan<br>Post-<br>Close<br>Reviewed<br>Property<br>Value** | **Loan<br>Post-<br>Close<br>Reviewed<br>Variance<br>Amount** | **Loan<br>Post-<br>Close<br>Reviewed<br>Variance<br>Percent** | **Loan<br>Post-<br>Close<br>Reviewed<br>Product<br>Type** | **Second<br>Appraisal<br>Value** | **Second<br>Appraisal<br>Variance<br>Amount** | **Second<br>Appraisal<br>Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **AVM<br>Appraised<br>Value** | **AVM<br>Variance<br>Amount** | **AVM<br>Variance<br>Percent** | **AVM<br>Confidence<br>Score** | **FSD<br>Score** | **AVM<br>Company<br>Name** | **AVM<br>Product<br>Name** | **AVM<br>Appraisal<br>Date** | **Desk<br>Review<br>Appraised<br>Value** | **Desk<br>Review<br>Variance<br>Amount** | **Desk<br>Review<br>Variance<br>Percent** | **Desk<br>Review<br>Company** | **Desk<br>Review<br>Risk<br>Score** | **Desk<br>Review<br>Appraisal<br>Date** | **Second<br>Desk<br>Review<br>Variance<br>Amount** | **Second<br>Desk<br>Review<br>Variance<br>Percent** | **Second<br>Desk<br>Review<br>Appraisal<br>Date** | **Second<br>Desk<br>Review<br>Appraised<br>Value** | **Desk Top<br>Appraised<br>Value** | **Desk<br>Top<br>Variance<br>Amount** | **Desk<br>Top<br>Variance<br>Percent** | **Desk Top<br>Company** | **Desk Top<br>Appraisal<br>Date** | **BPO<br>Appraised<br>Value** | **BPO<br>Variance<br>Amount** | **BPO<br>Variance<br>Percent** | **BPO<br>Company** | **BPO<br>Appraisal<br>Date** | **Field<br>Review<br>Appraised<br>Value** | **Field<br>Review<br>Variance<br>Amount** | **Field<br>Review<br>Variance<br>Percent** | **Field<br>Review<br>Company** | **Field<br>Review<br>Appraisal<br>Date** | **2055<br>Appraised<br>Value** | **2055<br>Variance<br>Amount** | **2055<br>Variance<br>Percent** | **2055<br>Company** | **2055<br>Appraisal<br>Date** | **AVE/<br>CMA<br>Appraised<br>Value** | **AVE/<br>CMA<br>Variance<br>Amount** | **AVE/<br>CMA<br>Variance<br>Percent** | **AVE/<br>CMA<br>Company** | **AVE/<br>CMA<br>Appraisal<br>Date** | **Other<br>Appraised<br>Value** | **Other<br>Variance<br>Amount** | **Other<br>Variance<br>Percent** | **Other<br>Appraisal<br>Date** | **Updated<br>Appraised<br>Value** | **Updated<br>Variance<br>Amount** | **Updated<br>Variance<br>Percent** | **Updated<br>Company** | **Updated<br>Appraisal<br>Date** | **Updated<br>Appraisal<br>Type** | **Loan<br>Collateral<br>Advisor<br>Risk<br>Score** | **Loan<br>Collateral<br>Advisor<br>Risk<br>Score<br>Date** | **Is Eligible for<br>Rep and<br>Warrant Relief<br>per<br>Loan Collateral<br>Advisor?** | **Collateral<br>Underwriter<br>Risk Score** | **Collateral<br>Underwriter<br>Risk<br>Score<br>Date** |
| &nbsp;&nbsp;&nbsp;144 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;135 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1073 Individual Condo Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | XXXXXX | -.0654 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | -.0654 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.4 |  |
| &nbsp;&nbsp;&nbsp;25 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;472 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;394 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;81 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| &nbsp;&nbsp;&nbsp;637 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 4.3 |  |
| &nbsp;&nbsp;&nbsp;404 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 61.08 | 61.08 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.4 |  |
| &nbsp;&nbsp;&nbsp;376 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 | XXXXXX | XXXXXX | -.0747 | AVM |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | -.0747 | 88.0 | 0.08 | XXXXXX | XXXXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 |  |
| &nbsp;&nbsp;&nbsp;715 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;1037 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | XXXXXX | -.1432 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | -.1432 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | -.162 |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.2 |  |
| &nbsp;&nbsp;&nbsp;105 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;393 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;730 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.5 |  |
| &nbsp;&nbsp;&nbsp;92 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 71.6 | 71.6 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2 |  |
| &nbsp;&nbsp;&nbsp;95 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 74.4 | 74.4 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;113 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.2 |  |
| &nbsp;&nbsp;&nbsp;226 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;198 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;89 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;383 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.5 |  |
| &nbsp;&nbsp;&nbsp;8 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 60.0 | 60.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;720 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;362 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.4 |  |
| &nbsp;&nbsp;&nbsp;274 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXXXX | 70.0 | 70.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;651 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | 1 |  |
| &nbsp;&nbsp;&nbsp;91 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;505 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1073 Individual Condo Report | XXXXXX | 61.41 | 61.41 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.5 |  |
| &nbsp;&nbsp;&nbsp;364 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1073 Individual Condo Report | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;293 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;87 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 79.42 | 79.42 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | 1.8 |  |
| &nbsp;&nbsp;&nbsp;110 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.2 |  |
| &nbsp;&nbsp;&nbsp;104 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 67.86 | 67.86 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;873 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1073 Individual Condo Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | XXXXXX | -.0278 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | -.0278 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible |  |  |
| &nbsp;&nbsp;&nbsp;410 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.7 |  |
| &nbsp;&nbsp;&nbsp;411 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| &nbsp;&nbsp;&nbsp;886 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 73.81 | 73.81 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.6 |  |
| &nbsp;&nbsp;&nbsp;303 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;288 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 85.0 | 85.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;735 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |

---

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| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan<br>ID** | **Investor<br>Loan<br>ID** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **Total<br>Adjusted<br>Prior<br>Purchase<br>Price** | **Primary<br>Appraised<br>Value** | **Primary<br>AppraisalDate** | **Primary<br>Appraisal Type** | **Value**<br> **for**<br> **LTV** | **LTV** | **CLTV** | **Loan<br>Reviewed<br>Property<br>Value** | **Loan<br>Reviewed<br>Variance<br>Amount** | **Loan<br>Reviewed<br>Variance<br>Percent** | **Loan<br>Reviewed<br>Product<br>Type** | **Loan<br>Post-<br>Close<br>Reviewed<br>Property<br>Value** | **Loan<br>Post-<br>Close<br>Reviewed<br>Variance<br>Amount** | **Loan<br>Post-<br>Close<br>Reviewed<br>Variance<br>Percent** | **Loan<br>Post-<br>Close<br>Reviewed<br>Product<br>Type** | **Second<br>Appraisal<br>Value** | **Second<br>Appraisal<br>Variance<br>Amount** | **Second<br>Appraisal<br>Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **AVM<br>Appraised<br>Value** | **AVM<br>Variance<br>Amount** | **AVM<br>Variance<br>Percent** | **AVM<br>Confidence<br>Score** | **FSD<br>Score** | **AVM<br>Company<br>Name** | **AVM<br>Product<br>Name** | **AVM<br>Appraisal<br>Date** | **Desk<br>Review<br>Appraised<br>Value** | **Desk<br>Review<br>Variance<br>Amount** | **Desk<br>Review<br>Variance<br>Percent** | **Desk<br>Review<br>Company** | **Desk<br>Review<br>Risk<br>Score** | **Desk<br>Review<br>Appraisal<br>Date** | **Second<br>Desk<br>Review<br>Variance<br>Amount** | **Second<br>Desk<br>Review<br>Variance<br>Percent** | **Second<br>Desk<br>Review<br>Appraisal<br>Date** | **Second<br>Desk<br>Review<br>Appraised<br>Value** | **Desk Top<br>Appraised<br>Value** | **Desk<br>Top<br>Variance<br>Amount** | **Desk<br>Top<br>Variance<br>Percent** | **Desk Top<br>Company** | **Desk Top<br>Appraisal<br>Date** | **BPO<br>Appraised<br>Value** | **BPO<br>Variance<br>Amount** | **BPO<br>Variance<br>Percent** | **BPO<br>Company** | **BPO<br>Appraisal<br>Date** | **Field<br>Review<br>Appraised<br>Value** | **Field<br>Review<br>Variance<br>Amount** | **Field<br>Review<br>Variance<br>Percent** | **Field<br>Review<br>Company** | **Field<br>Review<br>Appraisal<br>Date** | **2055<br>Appraised<br>Value** | **2055<br>Variance<br>Amount** | **2055<br>Variance<br>Percent** | **2055<br>Company** | **2055<br>Appraisal<br>Date** | **AVE/<br>CMA<br>Appraised<br>Value** | **AVE/<br>CMA<br>Variance<br>Amount** | **AVE/<br>CMA<br>Variance<br>Percent** | **AVE/<br>CMA<br>Company** | **AVE/<br>CMA<br>Appraisal<br>Date** | **Other<br>Appraised<br>Value** | **Other<br>Variance<br>Amount** | **Other<br>Variance<br>Percent** | **Other<br>Appraisal<br>Date** | **Updated<br>Appraised<br>Value** | **Updated<br>Variance<br>Amount** | **Updated<br>Variance<br>Percent** | **Updated<br>Company** | **Updated<br>Appraisal<br>Date** | **Updated<br>Appraisal<br>Type** | **Loan<br>Collateral<br>Advisor<br>Risk<br>Score** | **Loan<br>Collateral<br>Advisor<br>Risk<br>Score<br>Date** | **Is Eligible for<br>Rep and<br>Warrant Relief<br>per<br>Loan Collateral<br>Advisor?** | **Collateral<br>Underwriter<br>Risk Score** | **Collateral<br>Underwriter<br>Risk<br>Score<br>Date** |
| &nbsp;&nbsp;&nbsp;801 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 66.67 | 66.67 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.2 |  |
| &nbsp;&nbsp;&nbsp;965 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 54.46 | 54.46 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.8 |  |
| &nbsp;&nbsp;&nbsp;292 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | CA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;287 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.5 |  |
| &nbsp;&nbsp;&nbsp;1047 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;631 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1073 Individual Condo Report | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;294 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| &nbsp;&nbsp;&nbsp;473 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;805 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.6 |  |
| &nbsp;&nbsp;&nbsp;188 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.8 |  |
| &nbsp;&nbsp;&nbsp;447 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;179 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 66.61 | 66.61 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.9 |  |
| &nbsp;&nbsp;&nbsp;639 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 61.54 | 61.54 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;193 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.4 |  |
| &nbsp;&nbsp;&nbsp;281 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4 |  |
| &nbsp;&nbsp;&nbsp;176 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 72.32 | 72.32 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.6 |  |
| &nbsp;&nbsp;&nbsp;98 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 73.0 | 73.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 |  |
| &nbsp;&nbsp;&nbsp;297 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXXXX | 69.37 | 69.37 | XXXXXX | 0 | .0000 | Desk Review | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX | $0.00 | 0.00% | XX/XX/XXXX | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;107 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 74.29 | 74.29 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.1 |  |
| &nbsp;&nbsp;&nbsp;122 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 85.0 | 85.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;915 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;634 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 70.0 | 70.0 | XXXXXX | XXXXXX | .0293 | AVM |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | .0293 | 95.0 | 0.05 | XXXXXX | XXXXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;314 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 | XXXXXX | XXXXXX | -.0072 | Desk Review | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX | XXXXXX | -0.71% | XX/XX/XXXX | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.9 |  |
| &nbsp;&nbsp;&nbsp;332 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 68.57 | 68.57 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.6 |  |
| &nbsp;&nbsp;&nbsp;514 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;342 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;560 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 62.05 | 62.05 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;495 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 54.75 | 54.75 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;992 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 | XXXXXX | XXXXXX | .0054 | AVM |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | .0054 | 89.0 | 0.11 | XXXXXX | XXXXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.7 |  |
| &nbsp;&nbsp;&nbsp;931 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.1 |  |
| &nbsp;&nbsp;&nbsp;109 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| &nbsp;&nbsp;&nbsp;734 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;1042 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| &nbsp;&nbsp;&nbsp;642 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 71.9 | 71.9 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.6 |  |
| &nbsp;&nbsp;&nbsp;210 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | None—Appraisal Waiver | XXXXXX | 72.22 | 72.22 | XXXXXX | XXXXXX | -.0097 | Broker Price Opinion (BPO) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | -0.97% | XXXXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;189 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;480 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.3 |  |
| &nbsp;&nbsp;&nbsp;619 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;974 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;191 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.2 |  |

---

------

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| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan<br>ID** | **Investor<br>Loan<br>ID** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **Total<br>Adjusted<br>Prior<br>Purchase<br>Price** | **Primary<br>Appraised<br>Value** | **Primary<br>Appraisal Date** | **Primary<br>Appraisal Type** | **Value**<br> **for**<br> **LTV** | **LTV** | **CLTV** | **Loan<br>Reviewed<br>Property<br>Value** | **Loan<br>Reviewed<br>Variance<br>Amount** | **Loan<br>Reviewed<br>Variance<br>Percent** | **Loan<br>Reviewed<br>Product<br>Type** | **Loan<br>Post-<br>Close<br>Reviewed<br>Property<br>Value** | **Loan<br>Post-<br>Close<br>Reviewed<br>Variance<br>Amount** | **Loan<br>Post-<br>Close<br>Reviewed<br>Variance<br>Percent** | **Loan<br>Post-<br>Close<br>Reviewed<br>Product<br>Type** | **Second<br>Appraisal<br>Value** | **Second<br>Appraisal<br>Variance<br>Amount** | **Second<br>Appraisal<br>Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **AVM<br>Appraised<br>Value** | **AVM<br>Variance<br>Amount** | **AVM<br>Variance<br>Percent** | **AVM<br>Confidence<br>Score** | **FSD<br>Score** | **AVM<br>Company<br>Name** | **AVM<br>Product<br>Name** | **AVM<br>Appraisal<br>Date** | **Desk<br>Review<br>Appraised<br>Value** | **Desk<br>Review<br>Variance<br>Amount** | **Desk<br>Review<br>Variance<br>Percent** | **Desk<br>Review<br>Company** | **Desk<br>Review<br>Risk<br>Score** | **Desk<br>Review<br>Appraisal<br>Date** | **Second<br>Desk<br>Review<br>Variance<br>Amount** | **Second<br>Desk<br>Review<br>Variance<br>Percent** | **Second<br>Desk<br>Review<br>Appraisal<br>Date** | **Second<br>Desk<br>Review<br>Appraised<br>Value** | **Desk Top<br>Appraised<br>Value** | **Desk<br>Top<br>Variance<br>Amount** | **Desk<br>Top<br>Variance<br>Percent** | **Desk Top<br>Company** | **Desk Top<br>Appraisal<br>Date** | **BPO<br>Appraised<br>Value** | **BPO<br>Variance<br>Amount** | **BPO<br>Variance<br>Percent** | **BPO<br>Company** | **BPO<br>Appraisal<br>Date** | **Field<br>Review<br>Appraised<br>Value** | **Field<br>Review<br>Variance<br>Amount** | **Field<br>Review<br>Variance<br>Percent** | **Field<br>Review<br>Company** | **Field<br>Review<br>Appraisal<br>Date** | **2055<br>Appraised<br>Value** | **2055<br>Variance<br>Amount** | **2055<br>Variance<br>Percent** | **2055<br>Company** | **2055<br>Appraisal<br>Date** | **AVE/<br>CMA<br>Appraised<br>Value** | **AVE/<br>CMA<br>Variance<br>Amount** | **AVE/<br>CMA<br>Variance<br>Percent** | **AVE/<br>CMA<br>Company** | **AVE/<br>CMA<br>Appraisal<br>Date** | **Other<br>Appraised<br>Value** | **Other<br>Variance<br>Amount** | **Other<br>Variance<br>Percent** | **Other<br>Appraisal<br>Date** | **Updated<br>Appraised<br>Value** | **Updated<br>Variance<br>Amount** | **Updated<br>Variance<br>Percent** | **Updated<br>Company** | **Updated<br>Appraisal<br>Date** | **Updated<br>Appraisal<br>Type** | **Loan<br>Collateral<br>Advisor<br>Risk<br>Score** | **Loan<br>Collateral<br>Advisor<br>Risk<br>Score<br>Date** | **Is Eligible for<br>Rep and<br>Warrant Relief<br>per<br>Loan Collateral<br>Advisor?** | **Collateral<br>Underwriter<br>Risk Score** | **Collateral<br>Underwriter<br>Risk<br>Score<br>Date** |
| &nbsp;&nbsp;&nbsp;212 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;264 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | None - Appraisal Waiver | XXXXXX | 75.0 | 75.0 | XXXXXX | XXXXXX | .1251 | Broker Price Opinion (BPO) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | 12.51% | XXXXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;699 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;452 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | -.0147 | XX/XX/XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;211 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;324 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.8 |  |
| &nbsp;&nbsp;&nbsp;763 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.1 |  |
| &nbsp;&nbsp;&nbsp;621 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;494 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 79.2 | 79.2 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| &nbsp;&nbsp;&nbsp;625 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;776 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;240 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 60.95 | 60.95 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;326 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;245 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1073 Individual Condo Report | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;986 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;220 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;236 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 |  |
| &nbsp;&nbsp;&nbsp;331 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.7 |  |
| &nbsp;&nbsp;&nbsp;225 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;242 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;259 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 82.83 | 82.83 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;233 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;319 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 68.61 | 68.61 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.3 |  |
| &nbsp;&nbsp;&nbsp;214 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;351 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.9 |  |
| &nbsp;&nbsp;&nbsp;343 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | Moderate Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 |  |
| &nbsp;&nbsp;&nbsp;346 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;345 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 73.32 | 73.32 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 3.2 |  |
| &nbsp;&nbsp;&nbsp;349 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;277 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;180 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.4 |  |
| &nbsp;&nbsp;&nbsp;270 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004C Manufactured Home | XXXXXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.4 |  |
| &nbsp;&nbsp;&nbsp;606 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 65.0 | 65.0 | XXXXXX | XXXXXX | -.0581 | 2000 One Unit Appraisal Field Review | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | -.058 | XXXXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 5 |  |
| &nbsp;&nbsp;&nbsp;626 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;994 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;316 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 5 |  |
| &nbsp;&nbsp;&nbsp;736 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;312 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | None - Appraisal Waiver | XXXXXX | 75.0 | 75.0 | XXXXXX | 0 | .0000 | Broker Price Opinion (BPO) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | 0.00% | XXXXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;455 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXXXX | 70.0 | 70.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;284 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004C Manufactured Home | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |

---

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| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan<br>ID** | **Investor<br>Loan<br>ID** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **Total<br>Adjusted<br>Prior<br>Purchase<br>Price** | **Primary<br>Appraised<br>Value** | **Primary<br>Appraisal Date** | **Primary<br>Appraisal Type** | **Value**<br> **for**<br> **LTV** | **LTV** | **CLTV** | **Loan<br>Reviewed<br>Property<br>Value** | **Loan<br>Reviewed<br>Variance<br>Amount** | **Loan<br>Reviewed<br>Variance<br>Percent** | **Loan<br>Reviewed<br>Product<br>Type** | **Loan<br>Post-<br>Close<br>Reviewed<br>Property<br>Value** | **Loan<br>Post-<br>Close<br>Reviewed<br>Variance<br>Amount** | **Loan<br>Post-<br>Close<br>Reviewed<br>Variance<br>Percent** | **Loan<br>Post-<br>Close<br>Reviewed<br>Product<br>Type** | **Second<br>Appraisal<br>Value** | **Second<br>Appraisal<br>Variance<br>Amount** | **Second<br>Appraisal<br>Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **AVM<br>Appraised<br>Value** | **AVM<br>Variance<br>Amount** | **AVM<br>Variance<br>Percent** | **AVM<br>Confidence<br>Score** | **FSD<br>Score** | **AVM<br>Company<br>Name** | **AVM<br>Product<br>Name** | **AVM<br>Appraisal<br>Date** | **Desk<br>Review<br>Appraised<br>Value** | **Desk<br>Review<br>Variance<br>Amount** | **Desk<br>Review<br>Variance<br>Percent** | **Desk<br>Review<br>Company** | **Desk<br>Review<br>Risk<br>Score** | **Desk<br>Review<br>Appraisal<br>Date** | **Second<br>Desk<br>Review<br>Variance<br>Amount** | **Second<br>Desk<br>Review<br>Variance<br>Percent** | **Second<br>Desk<br>Review<br>Appraisal<br>Date** | **Second<br>Desk<br>Review<br>Appraised<br>Value** | **Desk Top<br>Appraised<br>Value** | **Desk<br>Top<br>Variance<br>Amount** | **Desk<br>Top<br>Variance<br>Percent** | **Desk Top<br>Company** | **Desk Top<br>Appraisal<br>Date** | **BPO<br>Appraised<br>Value** | **BPO<br>Variance<br>Amount** | **BPO<br>Variance<br>Percent** | **BPO<br>Company** | **BPO<br>Appraisal<br>Date** | **Field<br>Review<br>Appraised<br>Value** | **Field<br>Review<br>Variance<br>Amount** | **Field<br>Review<br>Variance<br>Percent** | **Field<br>Review<br>Company** | **Field<br>Review<br>Appraisal<br>Date** | **2055<br>Appraised<br>Value** | **2055<br>Variance<br>Amount** | **2055<br>Variance<br>Percent** | **2055<br>Company** | **2055<br>Appraisal<br>Date** | **AVE/<br>CMA<br>Appraised<br>Value** | **AVE/<br>CMA<br>Variance<br>Amount** | **AVE/<br>CMA<br>Variance<br>Percent** | **AVE/<br>CMA<br>Company** | **AVE/<br>CMA<br>Appraisal<br>Date** | **Other<br>Appraised<br>Value** | **Other<br>Variance<br>Amount** | **Other<br>Variance<br>Percent** | **Other<br>Appraisal<br>Date** | **Updated<br>Appraised<br>Value** | **Updated<br>Variance<br>Amount** | **Updated<br>Variance<br>Percent** | **Updated<br>Company** | **Updated<br>Appraisal<br>Date** | **Updated<br>Appraisal<br>Type** | **Loan<br>Collateral<br>Advisor<br>Risk<br>Score** | **Loan<br>Collateral<br>Advisor<br>Risk<br>Score<br>Date** | **Is Eligible for<br>Rep and<br>Warrant Relief<br>per<br>Loan Collateral<br>Advisor?** | **Collateral<br>Underwriter<br>Risk Score** | **Collateral<br>Underwriter<br>Risk<br>Score<br>Date** |
| &nbsp;&nbsp;&nbsp;348 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;317 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;382 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;24 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 73.1 | 73.1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;690 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;587 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| &nbsp;&nbsp;&nbsp;499 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;251 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.6 |  |
| &nbsp;&nbsp;&nbsp;989 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible |  |  |
| &nbsp;&nbsp;&nbsp;16 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 58.82 | 58.82 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;1018 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;987 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 50.0 | 50.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;1008 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.9 |  |
| &nbsp;&nbsp;&nbsp;984 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 70.89 | 70.89 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;1003 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.3 |  |
| &nbsp;&nbsp;&nbsp;999 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 32.65 | 32.65 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.9 |  |
| &nbsp;&nbsp;&nbsp;15 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 60.0 | 60.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.1 |  |
| &nbsp;&nbsp;&nbsp;998 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 74.65 | 74.65 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.1 |  |
| &nbsp;&nbsp;&nbsp;529 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.4 |  |
| &nbsp;&nbsp;&nbsp;258 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | None—Appraisal Waiver | XXXXXX | 80.0 | 80.0 | XXXXXX | XXXXXX | 0.0862 | Broker Price Opinion (BPO) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | 8.62% | XXXXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;267 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 74.95 | 74.95 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;330 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 | XXXXXX | 0 | .0000 | Desk Review | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX | $0.00 | 0.00% | XX/XX/XXXX | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 4.3 |  |
| &nbsp;&nbsp;&nbsp;263 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 74.85 | 74.85 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| &nbsp;&nbsp;&nbsp;256 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;347 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.5 |  |
| &nbsp;&nbsp;&nbsp;341 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 |  |
| &nbsp;&nbsp;&nbsp;788 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;329 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 62.45 | 62.45 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.9 |  |
| &nbsp;&nbsp;&nbsp;357 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.1 |  |
| &nbsp;&nbsp;&nbsp;943 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.5 |  |
| &nbsp;&nbsp;&nbsp;460 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;510 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.1 |  |
| &nbsp;&nbsp;&nbsp;497 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1073 Individual Condo Report | XXXXXX | 71.94 | 71.94 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.8 |  |
| &nbsp;&nbsp;&nbsp;555 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;461 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;463 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;507 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 79.99 | 79.99 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.2 |  |
| &nbsp;&nbsp;&nbsp;613 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;544 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;769 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 4.4 |  |

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| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan<br>ID** | **Investor<br>Loan<br>ID** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **Total<br>Adjusted<br>Prior<br>Purchase<br>Price** | **Primary<br>Appraised<br>Value** | **Primary<br>Appraisal Date** | **Primary<br>Appraisal Type** | **Value**<br> **for**<br> **LTV** | **LTV** | **CLTV** | **Loan<br>Reviewed<br>Property<br>Value** | **Loan<br>Reviewed<br>Variance<br>Amount** | **Loan<br>Reviewed<br>Variance<br>Percent** | **Loan<br>Reviewed<br>Product<br>Type** | **Loan<br>Post-<br>Close<br>Reviewed<br>Property<br>Value** | **Loan<br>Post-<br>Close<br>Reviewed<br>Variance<br>Amount** | **Loan<br>Post-<br>Close<br>Reviewed<br>Variance<br>Percent** | **Loan<br>Post-<br>Close<br>Reviewed<br>Product<br>Type** | **Second<br>Appraisal<br>Value** | **Second<br>Appraisal<br>Variance<br>Amount** | **Second<br>Appraisal<br>Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **AVM<br>Appraised<br>Value** | **AVM<br>Variance<br>Amount** | **AVM<br>Variance<br>Percent** | **AVM<br>Confidence<br>Score** | **FSD<br>Score** | **AVM<br>Company<br>Name** | **AVM<br>Product<br>Name** | **AVM<br>Appraisal<br>Date** | **Desk<br>Review<br>Appraised<br>Value** | **Desk<br>Review<br>Variance<br>Amount** | **Desk<br>Review<br>Variance<br>Percent** | **Desk<br>Review<br>Company** | **Desk<br>Review<br>Risk Score** | **Desk<br>Review<br>Appraisal<br>Date** | **Second<br>Desk<br>Review<br>Variance<br>Amount** | **Second<br>Desk<br>Review<br>Variance<br>Percent** | **Second<br>Desk<br>Review<br>Appraisal<br>Date** | **Second<br>Desk<br>Review<br>Appraised<br>Value** | **Desk Top<br>Appraised<br>Value** | **Desk<br>Top<br>Variance<br>Amount** | **Desk<br>Top<br>Variance<br>Percent** | **Desk Top<br>Company** | **Desk Top<br>Appraisal<br>Date** | **BPO<br>Appraised<br>Value** | **BPO<br>Variance<br>Amount** | **BPO<br>Variance<br>Percent** | **BPO<br>Company** | **BPO<br>Appraisal<br>Date** | **Field<br>Review<br>Appraised<br>Value** | **Field<br>Review<br>Variance<br>Amount** | **Field<br>Review<br>Variance<br>Percent** | **Field<br>Review<br>Company** | **Field<br>Review<br>Appraisal<br>Date** | **2055<br>Appraised<br>Value** | **2055<br>Variance<br>Amount** | **2055<br>Variance<br>Percent** | **2055<br>Company** | **2055<br>Appraisal<br>Date** | **AVE/<br>CMA<br>Appraised<br>Value** | **AVE/<br>CMA<br>Variance<br>Amount** | **AVE/<br>CMA<br>Variance<br>Percent** | **AVE/<br>CMA<br>Company** | **AVE/<br>CMA<br>Appraisal<br>Date** | **Other<br>Appraised<br>Value** | **Other<br>Variance<br>Amount** | **Other<br>Variance<br>Percent** | **Other<br>Appraisal<br>Date** | **Updated<br>Appraised<br>Value** | **Updated<br>Variance<br>Amount** | **Updated<br>Variance<br>Percent** | **Updated<br>Company** | **Updated<br>Appraisal<br>Date** | **Updated<br>Appraisal<br>Type** | **Loan<br>Collateral<br>Advisor<br>Risk<br>Score** | **Loan<br>Collateral<br>Advisor<br>Risk<br>Score<br>Date** | **Is Eligible for<br>Rep and<br>Warrant Relief<br>per<br>Loan Collateral<br>Advisor?** | **Collateral<br>Underwriter<br>Risk Score** | **Collateral<br>Underwriter<br>Risk Score<br>Date** |
| &nbsp;&nbsp;&nbsp;847 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1025 Small<br>Residential<br>Income Report | XXXXXX | 75.0 | 75.0 | XXXXXX | 0 | .0000 | Desk<br>Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | Reasonable | XX/<br>XX/<br>XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not<br>Eligible |  |  |
| &nbsp;&nbsp;&nbsp;704 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| &nbsp;&nbsp;&nbsp;533 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;465 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1073 Individual<br>Condo Report | XXXXXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2 |  |
| &nbsp;&nbsp;&nbsp;548 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 74.42 | 74.42 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| &nbsp;&nbsp;&nbsp;708 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.2 |  |
| &nbsp;&nbsp;&nbsp;551 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX |  | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;895 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| &nbsp;&nbsp;&nbsp;511 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX |  | 0 | XXXXXX | XX/<br>XX/<br>XXXX | None—Appraisal<br>Waiver | XXXXXX | 68.82 | 68.82 | XXXXXX | XXXXXX | -.1035 | Broker<br>Price<br>Opinion<br>(BPO) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | -10.35% | XXXXXX | XX/<br>XX/<br>XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;828 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk<br>Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/<br>XX/<br>XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not<br>Eligible |  |  |
| &nbsp;&nbsp;&nbsp;598 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 62.71 | 62.71 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;607 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1025 Small<br>Residential<br>Income Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk<br>Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | Na | XX/<br>XX/<br>XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not<br>Eligible |  |  |
| &nbsp;&nbsp;&nbsp;610 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1073 Individual<br>Condo Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk<br>Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/<br>XX/<br>XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not<br>Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;921 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not<br>Eligible | 1.5 |  |
| &nbsp;&nbsp;&nbsp;630 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX |  | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 74.92 | 74.92 | XXXXXX | 0 | .0000 | Desk<br>Review | XXXXXX | 0 | .0000 | Desk<br>Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/<br>XX/<br>XXXX | $0.00 | 0.00% | XX/<br>XX/<br>XXXX | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.7 |  |
| &nbsp;&nbsp;&nbsp;618 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 | XXXXXX | XXXXXX | .0028 | Desk<br>Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | .0028 | XXXXXX | Moderate<br>Risk | XX/<br>XX/<br>XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not<br>Eligible | 5 |  |
| &nbsp;&nbsp;&nbsp;1032 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk<br>Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/<br>XX/<br>XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;882 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk<br>Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/<br>XX/<br>XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.6 |  |
| &nbsp;&nbsp;&nbsp;528 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1025 Small<br>Residential<br>Income Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk<br>Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/<br>XX/<br>XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not<br>Eligible |  |  |
| &nbsp;&nbsp;&nbsp;530 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.1 |  |
| &nbsp;&nbsp;&nbsp;524 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not<br>Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;691 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1025 Small<br>Residential<br>Income Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk<br>Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/<br>XX/<br>XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible |  |  |
| &nbsp;&nbsp;&nbsp;624 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not<br>Eligible | 1.4 |  |
| &nbsp;&nbsp;&nbsp;594 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;759 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1073 Individual<br>Condo Report | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not<br>Eligible | 1.1 |  |
| &nbsp;&nbsp;&nbsp;1024 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;582 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk<br>Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/<br>XX/<br>XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not<br>Eligible | 3.6 |  |
| &nbsp;&nbsp;&nbsp;574 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;595 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 74.7 | 74.7 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;581 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1073 Individual<br>Condo Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk<br>Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/<br>XX/<br>XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.1 |  |
| &nbsp;&nbsp;&nbsp;946 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;536 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 68.09 | 68.09 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not<br>Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;578 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk<br>Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/<br>XX/<br>XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.6 |  |
| &nbsp;&nbsp;&nbsp;791 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 73.05 | 73.05 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;719 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX |  | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 62.36 | 62.36 |  |  |  |  | XXXXXX | 0 | .0000 | Desk<br>Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/<br>XX/<br>XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not<br>Eligible | 2.1 |  |
| &nbsp;&nbsp;&nbsp;710 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk<br>Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/<br>XX/<br>XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not<br>Eligible | 3.4 |  |
| &nbsp;&nbsp;&nbsp;762 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 80.07 | 80.07 | XXXXXX | 0 | .0000 | Desk<br>Review | XXXXXX | XXXXXX | .0008 | Desk<br>Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/<br>XX/<br>XXXX | XXXXXX | 0.08% | XX/<br>XX/<br>XXXX | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2 |  |
| &nbsp;&nbsp;&nbsp;561 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1073 Individual<br>Condo Report | XXXXXX | 65.0 | 65.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not<br>Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;731 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX |  | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1073 Individual<br>Condo Report | XXXXXX | 70.0 | 70.0 | XXXXXX | XXXXXX | -.0517 | Desk<br>Review | XXXXXX | 0 | .0000 | Desk<br>Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 |  |  | XX/<br>XX/<br>XXXX | XXXXXX | -5.17% | XX/<br>XX/<br>XXXX | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| &nbsp;&nbsp;&nbsp;797 | XXXXXX |  |  | XX/<br>XX/<br>XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/<br>XX/<br>XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |

---

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| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan<br>ID** | **Investor<br>Loan<br>ID** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **Total<br>Adjusted<br>Prior<br>Purchase<br>Price** | **Primary<br>Appraised<br>Value** | **Primary<br>Appraisal Date** | **Primary<br>Appraisal Type** | **Value**<br> **for**<br> **LTV** | **LTV** | **CLTV** | **Loan<br>Reviewed<br>Property<br>Value** | **Loan<br>Reviewed<br>Variance<br>Amount** | **Loan<br>Reviewed<br>Variance<br>Percent** | **Loan<br>Reviewed<br>Product<br>Type** | **Loan<br>Post-<br>Close<br>Reviewed<br>Property<br>Value** | **Loan<br>Post-<br>Close<br>Reviewed<br>Variance<br>Amount** | **Loan<br>Post-<br>Close<br>Reviewed<br>Variance<br>Percent** | **Loan<br>Post-<br>Close<br>Reviewed<br>Product<br>Type** | **Second<br>Appraisal<br>Value** | **Second<br>Appraisal<br>Variance<br>Amount** | **Second<br>Appraisal<br>Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **AVM<br>Appraised<br>Value** | **AVM<br>Variance<br>Amount** | **AVM<br>Variance<br>Percent** | **AVM<br>Confidence<br>Score** | **FSD<br>Score** | **AVM<br>Company<br>Name** | **AVM<br>Product<br>Name** | **AVM<br>Appraisal<br>Date** | **Desk<br>Review<br>Appraised<br>Value** | **Desk<br>Review<br>Variance<br>Amount** | **Desk<br>Review<br>Variance<br>Percent** | **Desk<br>Review<br>Company** | **Desk<br>Review<br>Risk<br>Score** | **Desk<br>Review<br>Appraisal<br>Date** | **Second<br>Desk<br>Review<br>Variance<br>Amount** | **Second<br>Desk<br>Review<br>Variance<br>Percent** | **Second<br>Desk<br>Review<br>Appraisal<br>Date** | **Second<br>Desk<br>Review<br>Appraised<br>Value** | **Desk Top<br>Appraised<br>Value** | **Desk<br>Top<br>Variance<br>Amount** | **Desk<br>Top<br>Variance<br>Percent** | **Desk Top<br>Company** | **Desk Top<br>Appraisal<br>Date** | **BPO<br>Appraised<br>Value** | **BPO<br>Variance<br>Amount** | **BPO<br>Variance<br>Percent** | **BPO<br>Company** | **BPO<br>Appraisal<br>Date** | **Field<br>Review<br>Appraised<br>Value** | **Field<br>Review<br>Variance<br>Amount** | **Field<br>Review<br>Variance<br>Percent** | **Field<br>Review<br>Company** | **Field<br>Review<br>Appraisal<br>Date** | **2055<br>Appraised<br>Value** | **2055<br>Variance<br>Amount** | **2055<br>Variance<br>Percent** | **2055<br>Company** | **2055<br>Appraisal<br>Date** | **AVE/<br>CMA<br>Appraised<br>Value** | **AVE/<br>CMA<br>Variance<br>Amount** | **AVE/<br>CMA<br>Variance<br>Percent** | **AVE/<br>CMA<br>Company** | **AVE/<br>CMA<br>Appraisal<br>Date** | **Other<br>Appraised<br>Value** | **Other<br>Variance<br>Amount** | **Other<br>Variance<br>Percent** | **Other<br>Appraisal<br>Date** | **Updated<br>Appraised<br>Value** | **Updated<br>Variance<br>Amount** | **Updated<br>Variance<br>Percent** | **Updated<br>Company** | **Updated<br>Appraisal<br>Date** | **Updated<br>Appraisal<br>Type** | **Loan<br>Collateral<br>Advisor<br>Risk<br>Score** | **Loan<br>Collateral<br>Advisor<br>Risk<br>Score<br>Date** | **Is Eligible for<br>Rep and<br>Warrant Relief<br>per<br>Loan Collateral<br>Advisor?** | **Collateral<br>Underwriter<br>Risk Score** | **Collateral<br>Underwriter<br>Risk<br>Score<br>Date** |
| &nbsp;&nbsp;&nbsp;717 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.6 |  |
| &nbsp;&nbsp;&nbsp;3 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 42.5 | 42.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;4 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 90.0 | 90.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;599 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;1020 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 76.14 | 76.14 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;800 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 69.01 | 69.01 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;771 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| &nbsp;&nbsp;&nbsp;1023 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 79.99 | 79.99 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.5 |  |
| &nbsp;&nbsp;&nbsp;693 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| &nbsp;&nbsp;&nbsp;1035 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;978 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;944 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;884 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;972 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;786 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 67.77 | 67.77 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;850 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.3 |  |
| &nbsp;&nbsp;&nbsp;901 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;963 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1073 Individual Condo Report | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.2 |  |
| &nbsp;&nbsp;&nbsp;928 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1073 Individual Condo Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;668 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 67.77 | 67.77 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;758 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 5 |  |
| &nbsp;&nbsp;&nbsp;890 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;914 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 74.31 | 74.31 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;854 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2 |  |
| &nbsp;&nbsp;&nbsp;1056 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4 |  |
| &nbsp;&nbsp;&nbsp;910 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXXXX | 68.67 | 68.67 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | N/A | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;929 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 66.12 | 66.12 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;923 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;845 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;840 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| &nbsp;&nbsp;&nbsp;837 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;900 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 70.59 | 70.59 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;856 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | None - Appraisal Waiver | XXXXXX | 75.0 | 75.0 | XXXXXX | XXXXXX | -.0765 | Broker Price Opinion (BPO) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | -7.65% | XXXXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible |  |  |
| &nbsp;&nbsp;&nbsp;834 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;976 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1073 Individual Condo Report | XXXXXX | 62.77 | 62.77 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;899 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;909 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.2 |  |
| &nbsp;&nbsp;&nbsp;877 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;829 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;945 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible |  |  |

---

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| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan<br>ID** | **Investor<br>Loan<br>ID** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **Total<br>Adjusted<br>Prior<br>Purchase<br>Price** | **Primary<br>Appraised<br>Value** | **Primary<br>Appraisal Date** | **Primary<br>Appraisal Type** | **Value**<br> **for**<br> **LTV** | **LTV** | **CLTV** | **Loan<br>Reviewed<br>Property<br>Value** | **Loan<br>Reviewed<br>Variance<br>Amount** | **Loan<br>Reviewed<br>Variance<br>Percent** | **Loan<br>Reviewed<br>Product<br>Type** | **Loan<br>Post-<br>Close<br>Reviewed<br>Property<br>Value** | **Loan<br>Post-<br>Close<br>Reviewed<br>Variance<br>Amount** | **Loan<br>Post-<br>Close<br>Reviewed<br>Variance<br>Percent** | **Loan<br>Post-<br>Close<br>Reviewed<br>Product<br>Type** | **Second<br>Appraisal<br>Value** | **Second<br>Appraisal<br>Variance<br>Amount** | **Second<br>Appraisal<br>Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **AVM<br>Appraised<br>Value** | **AVM<br>Variance<br>Amount** | **AVM<br>Variance<br>Percent** | **AVM<br>Confidence<br>Score** | **FSD<br>Score** | **AVM<br>Company<br>Name** | **AVM<br>Product<br>Name** | **AVM<br>Appraisal<br>Date** | **Desk<br>Review<br>Appraised<br>Value** | **Desk<br>Review<br>Variance<br>Amount** | **Desk<br>Review<br>Variance<br>Percent** | **Desk<br>Review<br>Company** | **Desk<br>Review<br>Risk<br>Score** | **Desk<br>Review<br>Appraisal<br>Date** | **Second<br>Desk<br>Review<br>Variance<br>Amount** | **Second<br>Desk<br>Review<br>Variance<br>Percent** | **Second<br>Desk<br>Review<br>Appraisal<br>Date** | **Second<br>Desk<br>Review<br>Appraised<br>Value** | **Desk Top<br>Appraised<br>Value** | **Desk<br>Top<br>Variance<br>Amount** | **Desk<br>Top<br>Variance<br>Percent** | **Desk Top<br>Company** | **Desk Top<br>Appraisal<br>Date** | **BPO<br>Appraised<br>Value** | **BPO<br>Variance<br>Amount** | **BPO<br>Variance<br>Percent** | **BPO<br>Company** | **BPO<br>Appraisal<br>Date** | **Field<br>Review<br>Appraised<br>Value** | **Field<br>Review<br>Variance<br>Amount** | **Field<br>Review<br>Variance<br>Percent** | **Field<br>Review<br>Company** | **Field<br>Review<br>Appraisal<br>Date** | **2055<br>Appraised<br>Value** | **2055<br>Variance<br>Amount** | **2055<br>Variance<br>Percent** | **2055<br>Company** | **2055<br>Appraisal<br>Date** | **AVE/<br>CMA<br>Appraised<br>Value** | **AVE/<br>CMA<br>Variance<br>Amount** | **AVE/<br>CMA<br>Variance<br>Percent** | **AVE/<br>CMA<br>Company** | **AVE/<br>CMA<br>Appraisal<br>Date** | **Other<br>Appraised<br>Value** | **Other<br>Variance<br>Amount** | **Other<br>Variance<br>Percent** | **Other<br>Appraisal<br>Date** | **Updated<br>Appraised<br>Value** | **Updated<br>Variance<br>Amount** | **Updated<br>Variance<br>Percent** | **Updated<br>Company** | **Updated<br>Appraisal<br>Date** | **Updated<br>Appraisal<br>Type** | **Loan<br>Collateral<br>Advisor<br>Risk<br>Score** | **Loan<br>Collateral<br>Advisor<br>Risk<br>Score<br>Date** | **Is Eligible for<br>Rep and<br>Warrant Relief<br>per<br>Loan Collateral<br>Advisor?** | **Collateral<br>Underwriter<br>Risk Score** | **Collateral<br>Underwriter<br>Risk<br>Score<br>Date** |
| &nbsp;&nbsp;&nbsp;903 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | None - Appraisal Waiver | XXXXXX | 75.0 | 75.0 | XXXXXX | XXXXXX | -.0349 | Broker Price Opinion (BPO) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | -3.49% | XXXXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;912 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 87.34 | 87.34 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.8 |  |
| &nbsp;&nbsp;&nbsp;969 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX |  | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.3 |  |
| &nbsp;&nbsp;&nbsp;940 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;875 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;977 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;938 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.9 |  |
| &nbsp;&nbsp;&nbsp;956 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;971 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;920 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | N/A | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;941 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;951 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | XXXXXX | .0071 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | .0071 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;949 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.2 |  |
| &nbsp;&nbsp;&nbsp;981 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 66.84 | 66.84 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | NA | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.7 |  |
| &nbsp;&nbsp;&nbsp;964 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | N/A | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible |  |  |
| &nbsp;&nbsp;&nbsp;1014 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;1045 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  | XXXXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | 0 | .0000 | XXXXXX | n/a | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.1 |  |
| &nbsp;&nbsp;&nbsp;1057 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | None - Appraisal Waiver | XXXXXX | 75.0 | 75.0 | XXXXXX | XXXXXX | -.0089 | Broker Price Opinion (BPO) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | -0.89% | XXXXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;1029 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 85.0 | 85.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.6 |  |
| &nbsp;&nbsp;&nbsp;1051 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;380 | XXXXXX |  |  | XX/XX/XXXX | XXXXXX | XXXXXX | 0 | XXXXXX | XX/XX/XXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |

---