# EDGAR Filing Document

**Accession Number:** 0002078624
**File Stem:** 0001213900-25-085587
**Filing Date:** 2025-9
**Character Count:** 2882267
**Document Hash:** ac3274b959c89cafecd9e7549b4c8cb2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-085587.hdr.sgml**: 20250908

**ACCESSION NUMBER**: 0001213900-25-085587

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

**PUBLIC DOCUMENT COUNT**: 109

**CONFORMED PERIOD OF REPORT**: 20250908

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

**FILED AS OF DATE**: 20250908

**DATE AS OF CHANGE**: 20250908

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

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

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRP Depositor 2025-NQM4, LLC
- **CENTRAL INDEX KEY:** 0002078624

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-07928
- **FILM NUMBER:** 251300701

**BUSINESS ADDRESS:**
- **STREET 1:** 7114 E STETSON DR SUITE 250
- **CITY:** SCOTTSDALE
- **STATE:** AZ
- **ZIP:** 85251
- **BUSINESS PHONE:** 6028028305

**MAIL ADDRESS:**
- **STREET 1:** 7114 E STETSON DR SUITE 250
- **CITY:** SCOTTSDALE
- **STATE:** AZ
- **ZIP:** 85251
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRP Depositor 2025-NQM4, LLC
- **CENTRAL INDEX KEY:** 0002078624

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **STREET 1:** 7114 E STETSON DR SUITE 250
- **CITY:** SCOTTSDALE
- **STATE:** AZ
- **ZIP:** 85251
- **BUSINESS PHONE:** 6028028305

**MAIL ADDRESS:**
- **STREET 1:** 7114 E STETSON DR SUITE 250
- **CITY:** SCOTTSDALE
- **STATE:** AZ
- **ZIP:** 85251
**SECURITIZER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRP Depositor 2025-NQM4, LLC
- **CENTRAL INDEX KEY:** 0002078624

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **STREET 1:** 7114 E STETSON DR SUITE 250
- **CITY:** SCOTTSDALE
- **STATE:** AZ
- **ZIP:** 85251
- **BUSINESS PHONE:** 6028028305

**MAIL ADDRESS:**
- **STREET 1:** 7114 E STETSON DR SUITE 250
- **CITY:** SCOTTSDALE
- **STATE:** AZ
- **ZIP:** 85251

OMB Number: 3235-0675

**UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION<br> Washington, D.C. 20549**

**FORM ABS-15G**

**ASSET-BACKED SECURITIZER<br> REPORT PURSUANT TO SECTION 15G OF<br> THE SECURITIES EXCHANGE ACT OF 1934**

**<u>PRP DEPOSITOR 2025-NQM4, LLC</u>**

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

☐ Rule 15Ga-1 under the Exchange Act (17 CFR 240.15Ga-1) for the reporting period______________ to _________________

Date of Report (Date of filing) __________________

Commission File Number of securitizer: __________________

Central Index Key Number of securitizer:__________________

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

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

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

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

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

Central Index Key Number of depositor: <u>0002078624</u>

PRPM 2025-NQM4 Trust

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

Central Index Key Number of issuing entity (if applicable): <u>Not applicable</u>

Central Index Key Number of underwriter (if applicable): <u>Not applicable</u>

Jim Barrons, (602) 802-8305

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

**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 Issuing Entity**

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

**SIGNATURES**

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

---

| | | |
|:---|:---|:---|
|  | PRP DEPOSITOR 2025-NQM4, LLC | PRP DEPOSITOR 2025-NQM4, LLC |
| Date: September 8, 2025 | By: | /s/ Jeff Padden |
|  | Name: | Jeff Padden |
|  | Title: | General Counsel |

---

**EXHIBIT INDEX**

<u>Exhibit Number</u>

[99.1 - Third Party Due Diligence Report – AMC Diligence, LLC Narrative](ea025639101_ex99-1.htm)

[Schedule 1 – Data Compare Report](ea025639101_ex99-1sch1.htm)

[Schedule 2 – Exception Grades](ea025639101_ex99-1sch2.htm)

[Schedule 3 – RA Grades](ea025639101_ex99-1sch3.htm)

[Schedule 4 – Valuation Summary](ea025639101_ex99-1sch4.htm)

[99.2. - Third Party Due Diligence Report - Consolidated Analytics, Inc. Narrative](ea025639101_ex99-2.htm)

[Schedule 1 – Data Compare Report](ea025639101_ex99-2sch1.htm)

[Schedule 2 – Due Diligence Standard Report](ea025639101_ex99-2sch2.htm)

[Schedule 3 – RA Grades Summary Report](ea025639101_ex99-2sch3.htm)

[Schedule 4 – Valuations Report](ea025639101_ex99-2sch4.htm)

[99.3 - Third Party Due Diligence Report – Canopy Financial Technology Partners LLC Diligence Narrative](ea025639101_ex99-3.htm)

[Schedule 1 – ATR QM Report](ea025639101_ex99-3sch1.htm)

[Schedule 2 – Data Compare Report](ea025639101_ex99-3sch2.htm)

[Schedule 3 – RA Grades Detail Report](ea025639101_ex99-3sch3.htm)

[Schedule 4 – RA Grades Summary Report](ea025639101_ex99-3sch4.htm)

[Schedule 5 – Valuation Report](ea025639101_ex99-3sch5.htm)

[99.4 - Third Party Due Diligence Report – Clarifii LLC Narrative](ea025639101_ex99-4.htm)

[Schedule 1 – ATR QM Report](ea025639101_ex99-4sch1.htm)

[Schedule 2 – Data Compare Report](ea025639101_ex99-4sch2.htm)

[Schedule 3 – RA Grades Detail Report](ea025639101_ex99-4sch3.htm)

[Schedule 4 – RA Grades Summary Report](ea025639101_ex99-4sch4.htm)

[Schedule 5 – Valuation Report](ea025639101_ex99-4sch5.htm)

[99.5 - Third Party Due Diligence Report – Clayton Services LLC Narrative](ea025639101_ex99-5.htm)

[Schedule 1 – Conditions Detail](ea025639101_ex99-5sch1.htm)

[Schedule 2 – Loan Grades](ea025639101_ex99-5sch2.htm)

[Schedule 3 – Loan Level Tape Compare](ea025639101_ex99-5sch3.htm)

[Schedule 4 – Non ATR QM](ea025639101_ex99-5sch4.htm)

[Schedule 5 – RA ATM QM](ea025639101_ex99-5sch5.htm)

[Schedule 6 – Standard Upload](ea025639101_ex99-5sch6.htm)

[Schedule 7 – Valuation Summary](ea025639101_ex99-5sch7.htm)

[Schedule 8 – Waived Conditions](ea025639101_ex99-5sch8.htm)

[99.6 - Third Party Due Diligence Report – Covius Real Estate Services, LLC Narrative](ea025639101_ex99-6.htm)

[Schedule 1 – ATR QM Report](ea025639101_ex99-6sch1.htm)

[Schedule 2 – Data Compare](ea025639101_ex99-6sch2.htm)

[Schedule 3 – Exceptions Report](ea025639101_ex99-6sch3.htm)

[Schedule 4 – Grades Report](ea025639101_ex99-6sch4.htm)

[Schedule 5 – Valuation Report](ea025639101_ex99-6sch5.htm)

[99.7 - Third Party Due Diligence Report – Evolve Mortgage Services Narrative](ea025639101_ex99-7.htm)

[Schedule 1 – Data Compare Report](ea025639101_ex99-7sch1.htm)

[Schedule 2 – Exception Detail Report](ea025639101_ex99-7sch2.htm)

[Schedule 3 – QM ATR Data Report](ea025639101_ex99-7sch3.htm)

[Schedule 4 – RA Grades Report](ea025639101_ex99-7sch4.htm)

[Schedule 5 – Valuation Report](ea025639101_ex99-7sch5.htm)

[99.8 - Third Party Due Diligence Report – Incenter Lender Services LLC, c/k/a Incenter Diligence Solutions Narrative](ea025639101_ex99-8.htm)

[Schedule 1 – Exception Report](ea025639101_ex99-8sch1.htm)

[Schedule 2 – Final Tape Compare Report](ea025639101_ex99-8sch2.htm)

[Schedule 3 – QM ATR Report](ea025639101_ex99-8sch3.htm)

[Schedule 4 – RA Grades Report](ea025639101_ex99-8sch4.htm)

[Schedule 5 – Valuation Summary](ea025639101_ex99-8sch5.htm)

[99.9 - Third Party Due Diligence Report – Maxwell Diligence Solutions, LLC Narrative](ea025639101_ex99-9.htm)

[Schedule 1 – Data Compare Report](ea025639101_ex99-9sch1.htm)

[Schedule 2 – Grading Report](ea025639101_ex99-9sch2.htm)

[Schedule 3 – Standard Exceptions Report](ea025639101_ex99-9sch3.htm)

[Schedule 4 – Valuation Report](ea025639101_ex99-9sch4.htm)

[99.10 - Third Party Due Diligence Report – Mission Global, LLC Narrative](ea025639101_ex99-10.htm)

[Schedule 1 – Data Compare Report](ea025639101_ex99-10sch1.htm)

[Schedule 2 – RA Grades Detail](ea025639101_ex99-10sch2.htm)

[Schedule 3 – RA Grades Summary](ea025639101_ex99-10sch3.htm)

[Schedule 4 – Valuation Report](ea025639101_ex99-10sch4.htm)

[Schedule 5 – Data Compare Summary](ea025639101_ex99-10sch5.htm)

[99.11 - Third Party Due Diligence Report – ProTitle Narrative](ea025639101_ex99-11.htm)

[Schedule 1 – Delinquent Tax Report](ea025639101_ex99-11sch1.htm)

[Schedule 2 – Securitization Report](ea025639101_ex99-11sch2.htm)

[99.12 - Third Party Due Diligence Report – Selene Diligence LLC Narrative](ea025639101_ex99-12.htm)

[Schedule 1 – Data Compare Report](ea025639101_ex99-12sch1.htm)

[Schedule 2 – RA Grades Summary Report](ea025639101_ex99-12sch2.htm)

[Schedule 3 – Standard Findings Report](ea025639101_ex99-12sch3.htm)

[Schedule 4 – Valuation Report](ea025639101_ex99-12sch4.htm)

## Exhibit 99.1

**Exhibit 99.1**

![](ex99-1_001.jpg)

**EXECUTIVE SUMMARY**

**DESCRIPTION OF SERVICES**

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

AMC Diligence, LLC ("AMC") performed certain due diligence services (the "Review") described below on residential mortgage loans acquired by PRP-LB VI AIV, LLC (the "Client") through flow reviews and acquired by reliance letter. The Review on mortgage loans with origination dates from April 2023 through July 2025 via files imaged and provided by the Client's designee for review. The Review included loans reviewed under the Credit and Compliance Scope (36 loans), Business Purpose Scope (45 loans). The loans reviewed using the Credit and Compliance Scope and Business Purpose Scope are together referred to as the mortgage loans.

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

The initial population consisted of 90 mortgage loans.

The final population of the Review covered 81 mortgage loans totaling an aggregate original principal balance of approximately $40.004 million. To AMC's knowledge, the Review covered 100% of the securitization loan population.

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

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

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;# of Units | &nbsp;&nbsp;Contract Sales Price | &nbsp;&nbsp;Original LTV |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;Escrow Account | &nbsp;&nbsp;Original P&I |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;Original Term |
| &nbsp;&nbsp;Appraisal As-Is Value | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;PITIA Reserves Months |
| &nbsp;&nbsp;Appraisal Effective Date | &nbsp;&nbsp;Investor: Qualifying Total Debt Ratio | &nbsp;&nbsp;Prepayment Penalty |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;Last Property Transfer Date | &nbsp;&nbsp;Prepayment Penalty Period (months) |
| &nbsp;&nbsp;Blanket Mortgage? | &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Product Description |
| &nbsp;&nbsp;Borrower Citizenship | &nbsp;&nbsp;Loan Property Count | &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;Borrower EIN | &nbsp;&nbsp;LTV Valuation Value | &nbsp;&nbsp;Purpose |
| &nbsp;&nbsp;Borrower First Name | &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;Refi Purpose |
| &nbsp;&nbsp;Borrower Full Name | &nbsp;&nbsp;Neg Am | &nbsp;&nbsp;Representative FICO |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;Note Date | &nbsp;&nbsp;State |
| &nbsp;&nbsp;Borrower SSN | &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;Street |
| &nbsp;&nbsp;Cash To Borrower | &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;Subject Debt Service Coverage Ratio |
| &nbsp;&nbsp;City | &nbsp;&nbsp;Original HLTV | &nbsp;&nbsp;Zip |
| &nbsp;&nbsp;Coborrower First Name | &nbsp;&nbsp;Original Interest Rate |  |
| &nbsp;&nbsp;Coborrower Last Name | &nbsp;&nbsp;Original Loan Amount |  |

---

Additionally, AMC verified (i) listed borrowers signed documents requiring signature, (ii) borrowers signing documents were eighteen (18) years or older at the time of the mortgage loan origination, (iii) that all riders required by the terms of the mortgage and mortgage note were attached to the respective document, (iv) that social security numbers across documents were consistent, and (v) debt-to-income ratio ("DTI(s)") and/or loan-to-value ratios ("LTV(s)") were used in the assessment of conformity guidelines.

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![](ex99-1_001.jpg)

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

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

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

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

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

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

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

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

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

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

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![](ex99-1_001.jpg)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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![](ex99-1_001.jpg)

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

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

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

---

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

---

**DATA COLLECTION**

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

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

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

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

Other aspects of AMC's review included (i) verifying that the address matched the mortgage note, (ii) verifying that the appraisal and the policies and procedures with regard to the appraisal, including the appropriate level of review, when originating the mortgage loan, were followed, (iii) noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying the Client of same (iv) confirming the appraisal report does not include any apparent environmental problems, (v) confirming the appraisal notes the current use of the property is legal or legal non-conforming (grandfathered), (vi) reviewing pictures to ensure (a) that the property is in average or better condition and any repairs are noted where required and (b) that the subject property is the one for which the valuation was ordered and that there are no negative external factors; and (vii) confirming that the value product that was used as part of the origination decision was directly accessible to AMC or if it was not directly accessible that another valuation product that was directly accessible to AMC was ordered in accordance with the Client's specific valuation waterfall process. If more than one valuation was provided, AMC confirmed consistency among the valuation products and if there were discrepancies that could not be resolved, AMC created an exception.

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

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

With regard to TILA-RESPA Integrated Disclosure ("TRID") testing, AMC implemented the TRID scope of review referenced within the Regulatory Compliance section (III) based on (i) the RMBS 3.0 TRID Compliance Review Scope published by the Structured Finance Association ("SFA") (formerly, the Structured Finance Industry Group, "SFIG") (the "SFA Compliance Review Scope") and (ii) outside counsel's interpretations of the published regulations as of the date of review of each mortgage loan. AMC worked with outside counsel and continues to obtain updated interpretations relative to the informal guidance provided by the Consumer Financial Protection Bureau ("CFPB") which has caused alterations in the review scope and severity of TRID related exceptions, including applicable cures. (This will continue as necessary as additional guidance becomes available, as well as any future rulemaking.) While AMC continues to make a good faith effort to identify material TRID exceptions and apply the appropriate grading, the implementation of new regulations (including TRID) that impact residential mortgages carries certain interpretive risk and continues to evolve, impacting the review scope and exception severity. AMC has worked closely with the NRSROs and the Client to disclose, as mutually agreed upon by the parties, the relevant exceptions per AMC's suggested review implementation as reviewed by outside counsel; however, no assurances can be provided and/or are given that AMC has included within its Review all areas that may represent risk to the securitization trust, or that areas of risk identified by AMC will result in the potential level of risk indicated by an Event Level or NRSRO grade.

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

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

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

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

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

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

iii) errors in the right of rescission notice;

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

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

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

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

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

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

ii) proper execution by all required parties;

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

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

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

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

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

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

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

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

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

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

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

ii) APR threshold test;

iii) prepayment penalty threshold test; and

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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*<u>Qualified Mortgage</u>*

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

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

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

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

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

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

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

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

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

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

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

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

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

 

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

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

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

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

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

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

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

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

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

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

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

**(X) Recording Review**

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

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

**(XI) FIRREA Review**

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

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

**(XII) Document Review**

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ 4506T;

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Appraisal;

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Final 1003;

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Note;

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Final TIL;

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

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

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

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

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

**(9) Disclaimer.**

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

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![](ex99-1_001.jpg)

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

**SUMMARY OF FINDINGS AND CONCLUSIONS** 

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

**OVERALL REVIEW RESULTS SUMMARY**

There were eighty-one (81) loans in the securitization population reviewed by AMC. After all documents were presented, under the applicable Moody's NRSRO grading criteria sixty-eight (68) loans (83.95%) had an Overall grade of "A" and thirteen (13) loans (16.05%) had an Overall grade of "B". No loans had an Overall grade lower than "B".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Moody's Overall Loan Grades** | &nbsp;&nbsp;**Moody's Overall Loan Grades** | &nbsp;&nbsp;**Moody's Overall Loan Grades** |
| &nbsp;&nbsp;**Final Loan Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;68 | &nbsp;&nbsp;83.95% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;13 | &nbsp;&nbsp;16.05% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**81** | &nbsp;&nbsp;**100.00%** |

---

**CREDIT RESULTS SUMMARY**

Seventy-three (73) loans (90.12%) reviewed received an "A" Credit grade and eight (8) loans (9.88%) received a "B" Credit grade. No loans had a Credit grade lower than "B".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Moody's Credit Loan Grades** | &nbsp;&nbsp;**Moody's Credit Loan Grades** | &nbsp;&nbsp;**Moody's Credit Loan Grades** |
| &nbsp;&nbsp;**Final Loan Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;73 | &nbsp;&nbsp;90.12% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;8 | &nbsp;&nbsp;9.88% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**81** | &nbsp;&nbsp;**100.00%** |

---

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![](ex99-1_001.jpg)

**COMPLIANCE RESULTS SUMMARY**

Forty-five (45) loans were reviewed under the Business Purpose scope and did not contain a compliance review. After all documents were presented, under the applicable Moody's NRSRO grading criteria thirty (30) loans (83.33%) had a Compliance grade of "A" and six (6) loans (16.67%) had a Compliance grade of "B. No loans had a Compliance grade lower than "B".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Moody's Compliance Loan Grades** | &nbsp;&nbsp;**Moody's Compliance Loan Grades** | &nbsp;&nbsp;**Moody's Compliance Loan Grades** |
| &nbsp;&nbsp;**Final Loan Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;30 | &nbsp;&nbsp;83.33% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;6 | &nbsp;&nbsp;16.67% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**36** | &nbsp;&nbsp;**100.00%** |

---

**PROPERTY/VALUATION RESULTS SUMMARY**

There were eighty-one (81) loans in the securitization population reviewed by AMC. After all documents were presented, under the applicable Moody's NRSRO grading criteria all eighty-one (81) loans (100%) had a Property grade of "A".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Moody's Property Loan Grades** | &nbsp;&nbsp;**Moody's Property Loan Grades** | &nbsp;&nbsp;**Moody's Property Loan Grades** |
| &nbsp;&nbsp;**Final Loan Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;81 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**81** | &nbsp;&nbsp;**100.00%** |

---

**TAPE INTEGRITY REVIEW RESULTS SUMMARY** 

Of the eighty-one (81) Loans reviewed, fifty-eight (58) unique Loans had two hundred (200) different tape discrepancies across thirty-four (34) data fields (some Loans had more than one data delta). The most variances were found on Borrower Last Name, Note Date and Original Interest Rate.

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Loans With<br> Discrepancy** | &nbsp;&nbsp;**Total Times <br> Compared** | &nbsp;&nbsp;**%<br> Variance** | &nbsp;&nbsp;**# Of<br> Loans** |
| &nbsp;&nbsp;# of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;46 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;1 | &nbsp;&nbsp;58 | &nbsp;&nbsp;1.72% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;18 | &nbsp;&nbsp;80 | &nbsp;&nbsp;22.50% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Appraisal As-Is Value | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Appraisal Effective Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;2 | &nbsp;&nbsp;37 | &nbsp;&nbsp;5.41% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Blanket Mortgage? | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Borrower Citizenship | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Borrower EIN | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Borrower First Name | &nbsp;&nbsp;15 | &nbsp;&nbsp;33 | &nbsp;&nbsp;45.45% | &nbsp;&nbsp;81 |

---

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![](ex99-1_001.jpg)

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;Borrower Full Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;24 | &nbsp;&nbsp;67 | &nbsp;&nbsp;35.82% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Borrower SSN | &nbsp;&nbsp;12 | &nbsp;&nbsp;15 | &nbsp;&nbsp;80.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Cash To Borrower | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;City | &nbsp;&nbsp;1 | &nbsp;&nbsp;81 | &nbsp;&nbsp;1.23% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Coborrower First Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Coborrower Last Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Contract Sales Price | &nbsp;&nbsp;7 | &nbsp;&nbsp;29 | &nbsp;&nbsp;24.14% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Escrow Account | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;40 | &nbsp;&nbsp;5.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;1 | &nbsp;&nbsp;12 | &nbsp;&nbsp;8.33% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Investor: Qualifying Total Debt Ratio | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Last Property Transfer Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;21 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Loan Property Count | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;LTV Valuation Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;21 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;3 | &nbsp;&nbsp;47 | &nbsp;&nbsp;6.38% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Neg Am | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;21 | &nbsp;&nbsp;72 | &nbsp;&nbsp;29.17% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;20 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;12 | &nbsp;&nbsp;8.33% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Original HLTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;20 | &nbsp;&nbsp;81 | &nbsp;&nbsp;24.69% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;1 | &nbsp;&nbsp;58 | &nbsp;&nbsp;1.72% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;48 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;1 | &nbsp;&nbsp;46 | &nbsp;&nbsp;2.17% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Original Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;22 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;PITIA Reserves Months | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Prepayment Penalty | &nbsp;&nbsp;0 | &nbsp;&nbsp;27 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Prepayment Penalty Period (months) | &nbsp;&nbsp;17 | &nbsp;&nbsp;19 | &nbsp;&nbsp;89.47% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Product Description | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;15 | &nbsp;&nbsp;80 | &nbsp;&nbsp;18.75% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;31 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Refi Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Representative FICO | &nbsp;&nbsp;19 | &nbsp;&nbsp;58 | &nbsp;&nbsp;32.76% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;State | &nbsp;&nbsp;0 | &nbsp;&nbsp;81 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;81 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Subject Debt Service Coverage Ratio | &nbsp;&nbsp;5 | &nbsp;&nbsp;37 | &nbsp;&nbsp;13.51% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;Zip | &nbsp;&nbsp;1 | &nbsp;&nbsp;80 | &nbsp;&nbsp;1.25% | &nbsp;&nbsp;81 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**200** | &nbsp;&nbsp;**1469** | &nbsp;&nbsp;**13.61%** | &nbsp;&nbsp;**81** |

---

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![](ex99-1_001.jpg)

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan<br> Count** | &nbsp;&nbsp;**% of <br> Loans** | &nbsp;&nbsp;**Original<br> Balance** | &nbsp;&nbsp;**<br> % of Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;77 | &nbsp;&nbsp;95.06% | &nbsp;&nbsp;$37863218.00 | &nbsp;&nbsp;94.65% |
| &nbsp;&nbsp;Adjustable | &nbsp;&nbsp;4 | &nbsp;&nbsp;4.94% | &nbsp;&nbsp;$2140500.00 | &nbsp;&nbsp;5.35% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**81** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$40003718.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan<br> Count** | &nbsp;&nbsp;**% of <br> Loans** | &nbsp;&nbsp;**Original <br> Balance** | &nbsp;&nbsp;**% of<br> Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;81 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$40003718.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**81** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$40003718.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan<br> Count** | &nbsp;&nbsp;**% of <br> Loans** | &nbsp;&nbsp;**Original <br> Balance** | &nbsp;&nbsp;**% of<br> Balance** |
| &nbsp;&nbsp;Cash Out: Other/Multi-purpose/Unknown Purpose | &nbsp;&nbsp;28 | &nbsp;&nbsp;34.57% | &nbsp;&nbsp;$14568955.00 | &nbsp;&nbsp;36.42% |
| &nbsp;&nbsp;First Time Home Purchase | &nbsp;&nbsp;7 | &nbsp;&nbsp;8.64% | &nbsp;&nbsp;$3998600.00 | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;Other-than-first-time Home Purchase | &nbsp;&nbsp;39 | &nbsp;&nbsp;48.15% | &nbsp;&nbsp;$18854288.00 | &nbsp;&nbsp;47.13% |
| &nbsp;&nbsp;Rate/Term Refinance - Borrower Initiated | &nbsp;&nbsp;7 | &nbsp;&nbsp;8.64% | &nbsp;&nbsp;$2581875.00 | &nbsp;&nbsp;6.45% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**81** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$40003718.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan<br> Count** | &nbsp;&nbsp;**% of <br> Loans** | &nbsp;&nbsp;**Original<br> Balance** | &nbsp;&nbsp;**% of<br> Balance** |
| &nbsp;&nbsp;241-360 Months | &nbsp;&nbsp;80 | &nbsp;&nbsp;98.77% | &nbsp;&nbsp;$39797218.00 | &nbsp;&nbsp;99.48% |
| &nbsp;&nbsp;361+ Months | &nbsp;&nbsp;1 | &nbsp;&nbsp;1.23% | &nbsp;&nbsp;$206500.00 | &nbsp;&nbsp;0.52% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**81** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$40003718.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Property Type** | &nbsp;&nbsp;**Loan<br> Count** | &nbsp;&nbsp;**% of <br> Loans** | &nbsp;&nbsp;**Original <br> Balance** | &nbsp;&nbsp;**% of<br> Balance** |
| &nbsp;&nbsp;Single Family Detached | &nbsp;&nbsp;47 | &nbsp;&nbsp;58.02% | &nbsp;&nbsp;$22637769.00 | &nbsp;&nbsp;56.59% |
| &nbsp;&nbsp;Condo, Low Rise | &nbsp;&nbsp;4 | &nbsp;&nbsp;4.94% | &nbsp;&nbsp;$1370123.00 | &nbsp;&nbsp;3.42% |
| &nbsp;&nbsp;PUD | &nbsp;&nbsp;20 | &nbsp;&nbsp;24.69% | &nbsp;&nbsp;$11123216.00 | &nbsp;&nbsp;27.81% |
| &nbsp;&nbsp;1 Family Attached | &nbsp;&nbsp;1 | &nbsp;&nbsp;1.23% | &nbsp;&nbsp;$735000.00 | &nbsp;&nbsp;1.84% |
| &nbsp;&nbsp;2 Family | &nbsp;&nbsp;3 | &nbsp;&nbsp;3.70% | &nbsp;&nbsp;$1756460.00 | &nbsp;&nbsp;4.39% |
| &nbsp;&nbsp;3 Family | &nbsp;&nbsp;5 | &nbsp;&nbsp;6.17% | &nbsp;&nbsp;$1806150.00 | &nbsp;&nbsp;4.51% |
| &nbsp;&nbsp;4 Family | &nbsp;&nbsp;1 | &nbsp;&nbsp;1.23% | &nbsp;&nbsp;$575000.00 | &nbsp;&nbsp;1.44% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**81** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$40003718.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan<br> Count** | &nbsp;&nbsp;**% of <br> Loans** | &nbsp;&nbsp;**Original <br> Balance** | &nbsp;&nbsp;**% of<br> Balance** |
| &nbsp;&nbsp;Primary | &nbsp;&nbsp;34 | &nbsp;&nbsp;41.98% | &nbsp;&nbsp;$21065775.00 | &nbsp;&nbsp;52.66% |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;47 | &nbsp;&nbsp;58.02% | &nbsp;&nbsp;$18937943.00 | &nbsp;&nbsp;47.34% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**81** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$40003718.00** | &nbsp;&nbsp;**100.00%** |

---

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## Exhibit 99.1

**Exhibit 99.1 Schedule 1**

![](ex99-1sch1_001.jpg)

**Data Compare (Non-Ignored)**

**Run Date - 9/4/2025 11:13:22 AM** 

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Servicer Loan ID** | **Investor Loan Number** | **Field Label** | **Bid Tape Field Value** | **Field Value** | **Compare Status** | **Comment** |
| XXX | 85335 | XXX |  |  | Original Interest Rate | 6.63 | 6.625 | Verified | Field Value reflects the Note value |
| XXX | 87302 | XXX |  |  | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXX | 87249 | XXX |  |  | Contract Sales Price | 0.00 |  | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| XXX | 86316 | XXX |  |  | Borrower First Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 86316 | XXX |  |  | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXX | 85065 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 85065 | XXX |  |  | Representative FICO | 680 |  | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXX | 85065 | XXX |  |  | Prepayment Penalty Period (months) |  | 12 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXX | 86950 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 86950 | XXX |  |  | Representative FICO | 680 |  | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXX | 87456 | XXX |  |  | Representative FICO | 680 |  | Verified | Borrower is Foreign National. |
| XXX | 87456 | XXX |  |  | Prepayment Penalty Period (months) |  | 36 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXX | 85564 | XXX |  |  | Representative FICO | 680 |  | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXX | 85564 | XXX |  |  | Prepayment Penalty Period (months) |  | 60 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXX | 85350 | XXX |  |  | Representative FICO | 680 |  | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXX | 85350 | XXX |  |  | Prepayment Penalty Period (months) |  | 36 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXX | 86515 | XXX |  |  | Representative FICO | 680 |  | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXX | 86515 | XXX |  |  | Prepayment Penalty Period (months) |  | 36 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXX | 85960 | XXX |  |  | Representative FICO | 680 |  | Verified | Credit Report is not required |
| XXX | 85960 | XXX |  |  | Prepayment Penalty Period (months) |  | 36 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXX | 86488 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 86488 | XXX |  |  | Representative FICO | 680 |  | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXX | 86488 | XXX |  |  | Prepayment Penalty Period (months) |  | 60 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXX | 86766 | XXX |  |  | Representative FICO | 680 |  | Verified | Unable to verify due to missing information |
| XXX | 86766 | XXX |  |  | Prepayment Penalty Period (months) |  | 60 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXX | 87693 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 87693 | XXX |  |  | Representative FICO | 680 |  | Verified | Foreign National Borrowers |
| XXX | 87693 | XXX |  |  | Prepayment Penalty Period (months) |  | 36 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXX | 87446 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 87446 | XXX |  |  | Representative FICO | 680 |  | Verified | Foreign national |
| XXX | 87446 | XXX |  |  | Prepayment Penalty Period (months) |  | 12 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXX | 85402 | XXX |  |  | Representative FICO | 680 |  | Verified | Unable to verify due to missing information |
| XXX | 85402 | XXX |  |  | Prepayment Penalty Period (months) |  | 12 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXX | 88880 | XXX |  |  | Representative FICO | 693 | 721 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXX | 85863 | XXX |  |  | Representative FICO | 680 |  | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXX | 85863 | XXX |  |  | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXX | 85863 | XXX |  |  | Prepayment Penalty Period (months) |  | 60 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXX | 85782 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 85782 | XXX |  |  | Prepayment Penalty Period (months) |  | 12 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXX | 86833 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 86833 | XXX |  |  | Representative FICO | 680 |  | Verified | Unable to verify due to missing information |
| XXX | 86833 | XXX |  |  | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXX | 86833 | XXX |  |  | Prepayment Penalty Period (months) |  | 60 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXX | 85179 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 85179 | XXX |  |  | Prepayment Penalty Period (months) |  | 60 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXX | 88453 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 88453 | XXX |  |  | First Payment Date | [redacted] | [redacted] | Verified | Field Value reflects First Payment Date per the Note |
| XXX | 88453 | XXX |  |  | Maturity Date | [redacted] | [redacted] | Verified | Field Value reflects Maturity Date per the Note |
| XXX | 88453 | XXX |  |  | Representative FICO | 680 |  | Verified | Unable to verify due to missing information |
| XXX | 88453 | XXX |  |  | Prepayment Penalty Period (months) |  | 36 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXX | 88283 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 88283 | XXX |  |  | Appraised Value | XXX | XXX | Verified | Field Value captured from Valuation model in file |
| XXX | 85150 | XXX |  |  | Maturity Date | [redacted] | [redacted] | Verified | Field Value reflects Maturity Date per the Note |
| XXX | 88026 | XXX |  |  | Subject Debt Service Coverage Ratio | 1.04 | 1.06 | Verified | 5100.00/4798.89=1.06. UTD what was used for bid tape calculation. |
| XXX | 86173 | XXX |  |  | Subject Debt Service Coverage Ratio | 0.87 | 0.71 | Verified | HOA premium mismatch with DSCR worksheet |
| XXX | 86087 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 86087 | XXX |  |  | Note Date | [redacted] | [redacted] | Verified | Field Value reflects Note Date per the Note |
| XXX | 86087 | XXX |  |  | Contract Sales Price | XXX | XXX | Verified | Field Value reflects sales price as it appears on the HUD-1 or CD |
| XXX | 86087 | XXX |  |  | Subject Debt Service Coverage Ratio | 1.01 | 0.72 | Verified | DSCR for field vale - $5000.00/$6898.16=0.72. UTD what lender used for bid tape value. |
| XXX | 88369 | XXX |  |  | Note Date | [redacted] | [redacted] | Verified | Field Value reflects Note Date per the Note |
| XXX | 85494 | XXX |  |  | Original Interest Rate | 7.88 | 7.875 | Verified | Field Value reflects the Note value |
| XXX | 85494 | XXX |  |  | Subject Debt Service Coverage Ratio | 1.21 | 1.18 | Verified | Lender used total $6300 to calculate DSCR. System using lower of each market and lease amount total $6150 and causing a discrepancy. |
| XXX | 87201 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 87201 | XXX |  |  | Note Date | [redacted] | [redacted] | Verified | Field Value reflects Note Date per the Note |
| XXX | 87201 | XXX |  |  | Original Interest Rate |  | 8.375 | Verified | Field Value reflects the Note value |
| XXX | 87201 | XXX |  |  | Amortization Type |  | Fixed | Verified | Field Value reflects Amortization Type per Note |
| XXX | 86690 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 86690 | XXX |  |  | Note Date | [redacted] | [redacted] | Verified | Field Value reflects Note Date per the Note |
| XXX | 86690 | XXX |  |  | Original Interest Rate |  | 7.75 | Verified | Field Value reflects the Note value |
| XXX | 86690 | XXX |  |  | Amortization Type |  | Fixed | Verified | Field Value reflects Amortization Type per Note |
| XXX | 88136 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 88136 | XXX |  |  | Note Date | [redacted] | [redacted] | Verified | Field Value reflects Note Date per the Note |
| XXX | 88136 | XXX |  |  | Original Interest Rate |  | 7.75 | Verified | Field Value reflects the Note value |
| XXX | 88136 | XXX |  |  | Amortization Type |  | Fixed | Verified | Field Value reflects Amortization Type per Note |
| XXX | 86591 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 86591 | XXX |  |  | Note Date | [redacted] | [redacted] | Verified | Field Value reflects Note Date per the Note |
| XXX | 86591 | XXX |  |  | Original Interest Rate |  | 6.75 | Verified | Field Value reflects the Note value |
| XXX | 86591 | XXX |  |  | Amortization Type |  | ARM | Verified | Field Value reflects Amortization Type per Note |
| XXX | 85324 | XXX |  |  | Note Date | [redacted] | [redacted] | Verified | Field Value reflects Note Date per the Note |
| XXX | 86547 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 86547 | XXX |  |  | Note Date | [redacted] | [redacted] | Verified | Field Value reflects Note Date per the Note |
| XXX | 86547 | XXX |  |  | Original Interest Rate |  | 7.75 | Verified | Field Value reflects the Note value |
| XXX | 86547 | XXX |  |  | Amortization Type |  | Fixed | Verified | Field Value reflects Amortization Type per Note |
| XXX | 88755 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 88755 | XXX |  |  | Note Date | [redacted] | [redacted] | Verified | Field Value reflects Note Date per the Note |
| XXX | 88755 | XXX |  |  | Original Interest Rate |  | 7.625 | Verified | Field Value reflects the Note value |
| XXX | 88755 | XXX |  |  | Amortization Type |  | Fixed | Verified | Field Value reflects Amortization Type per Note |
| XXX | 88538 | XXX |  |  | Borrower First Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 88538 | XXX |  |  | Borrower SSN | [redacted] | [redacted] | Verified | Field Value verified by application or other documentation in file |
| XXX | 88538 | XXX |  |  | Note Date | [redacted] | [redacted] | Verified | Field Value reflects Note Date per the Note |
| XXX | 88538 | XXX |  |  | Original Interest Rate |  | 8.625 | Verified | Field Value reflects the Note value |
| XXX | 88538 | XXX |  |  | Amortization Type |  | Fixed | Verified | Field Value reflects Amortization Type per Note |
| XXX | 88538 | XXX |  |  | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXX | 88855 | XXX |  |  | Borrower First Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 88855 | XXX |  |  | Borrower SSN | [redacted] | [redacted] | Verified | Field Value verified by application or other documentation in file |
| XXX | 88855 | XXX |  |  | Note Date | [redacted] | [redacted] | Verified | Field Value reflects Note Date per the Note |
| XXX | 88855 | XXX |  |  | Original Interest Rate |  | 8.375 | Verified | Field Value reflects the Note value |
| XXX | 88855 | XXX |  |  | Amortization Type |  | Fixed | Verified | Field Value reflects Amortization Type per Note |
| XXX | 88855 | XXX |  |  | Property Type | Single Family Attached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXX | 85770 | XXX |  |  | Borrower First Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 85770 | XXX |  |  | Borrower SSN | [redacted] | [redacted] | Verified | Field Value verified by application or other documentation in file |
| XXX | 85770 | XXX |  |  | Original Interest Rate |  | 7.25 | Verified | Field Value reflects the Note value |
| XXX | 85770 | XXX |  |  | Amortization Type |  | ARM | Verified | Field Value reflects Amortization Type per Note |
| XXX | 87103 | XXX |  |  | Borrower First Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 87103 | XXX |  |  | Borrower SSN | [redacted] | [redacted] | Verified | Field Value verified by application or other documentation in file |
| XXX | 87103 | XXX |  |  | Note Date | [redacted] | [redacted] | Verified | Field Value reflects Note Date per the Note |
| XXX | 87103 | XXX |  |  | Original Interest Rate |  | 8.5 | Verified | Field Value reflects the Note value |
| XXX | 87103 | XXX |  |  | Amortization Type |  | Fixed | Verified | Field Value reflects Amortization Type per Note |
| XXX | 87499 | XXX |  |  | Borrower First Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 87499 | XXX |  |  | Borrower SSN | [redacted] | [redacted] | Verified | Unable to verify due to missing information |
| XXX | 87499 | XXX |  |  | Note Date | [redacted] | [redacted] | Verified | Field Value reflects Note Date per the Note |
| XXX | 87499 | XXX |  |  | Original Interest Rate |  | 7.625 | Verified | Field Value reflects the Note value |
| XXX | 87499 | XXX |  |  | Amortization Type |  | Fixed | Verified | Field Value reflects Amortization Type per Note |
| XXX | 87499 | XXX |  |  | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXX | 87601 | XXX |  |  | Borrower First Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 87601 | XXX |  |  | Borrower SSN | [redacted] | [redacted] | Verified | Field Value verified by application or other documentation in file |
| XXX | 87601 | XXX |  |  | Note Date | [redacted] | [redacted] | Verified | Field Value reflects Note Date per the Note |
| XXX | 87601 | XXX |  |  | Original Interest Rate |  | 8.625 | Verified | Field Value reflects the Note value |
| XXX | 87601 | XXX |  |  | Amortization Type |  | Fixed | Verified | Field Value reflects Amortization Type per Note |
| XXX | 87601 | XXX |  |  | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXX | 85520 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 85520 | XXX |  |  | Borrower SSN | [redacted] | [redacted] | Verified | Field Value verified by application or other documentation in file |
| XXX | 85520 | XXX |  |  | Note Date | [redacted] | [redacted] | Verified | Field Value reflects Note Date per the Note |
| XXX | 85520 | XXX |  |  | Original Interest Rate |  | 8.625 | Verified | Field Value reflects the Note value |
| XXX | 85520 | XXX |  |  | Amortization Type |  | Fixed | Verified | Field Value reflects Amortization Type per Note |
| XXX | 85520 | XXX |  |  | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXX | 87878 | XXX |  |  | Borrower First Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 87878 | XXX |  |  | Borrower SSN | [redacted] | [redacted] | Verified | Field Value verified by application or other documentation in file |
| XXX | 87878 | XXX |  |  | Note Date | [redacted] | [redacted] | Verified | Field Value reflects Note Date per the Note |
| XXX | 87878 | XXX |  |  | Original Interest Rate |  | 7.625 | Verified | Field Value reflects the Note value |
| XXX | 87878 | XXX |  |  | Amortization Type |  | Fixed | Verified | Field Value reflects Amortization Type per Note |
| XXX | 87878 | XXX |  |  | Property Type | Single Family Attached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXX | 89095 | XXX |  |  | Zip | [redacted] | [redacted] | Verified | Field Value reflects Zip per Note |
| XXX | 89095 | XXX |  |  | Borrower First Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 89095 | XXX |  |  | Borrower SSN | [redacted] | [redacted] | Verified | Field Value verified by application or other documentation in file |
| XXX | 89095 | XXX |  |  | Note Date | [redacted] | [redacted] | Verified | Field Value reflects Note Date per the Note |
| XXX | 89095 | XXX |  |  | Original Interest Rate |  | 8.375 | Verified | Field Value reflects the Note value |
| XXX | 89095 | XXX |  |  | Amortization Type |  | Fixed | Verified | Field Value reflects Amortization Type per Note |
| XXX | 89095 | XXX |  |  | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXX | 85660 | XXX |  |  | Borrower First Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 85660 | XXX |  |  | Borrower SSN | [redacted] | [redacted] | Verified | Field Value verified by application or other documentation in file |
| XXX | 85660 | XXX |  |  | Note Date | [redacted] | [redacted] | Verified | Field Value reflects Note Date per the Note |
| XXX | 85660 | XXX |  |  | Original Interest Rate |  | 8.875 | Verified | Field Value reflects the Note value |
| XXX | 85660 | XXX |  |  | Amortization Type |  | Fixed | Verified | Field Value reflects Amortization Type per Note |
| XXX | 85660 | XXX |  |  | Property Type | Single Family Attached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXX | 88091 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 88091 | XXX |  |  | Borrower SSN | [redacted] | [redacted] | Verified | Field Value verified by application or other documentation in file |
| XXX | 88091 | XXX |  |  | Note Date | [redacted] | [redacted] | Verified | Field Value reflects Note Date per the Note |
| XXX | 88091 | XXX |  |  | Original Interest Rate |  | 7.75 | Verified | The bid tape field value was not provided. |
| XXX | 88091 | XXX |  |  | Amortization Type |  | Fixed | Verified | The bid tape field value was not provided. |
| XXX | 88091 | XXX |  |  | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXX | 87935 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 87935 | XXX |  |  | Borrower SSN | [redacted] | [redacted] | Verified | Field Value verified by application or other documentation in file |
| XXX | 87935 | XXX |  |  | Note Date | [redacted] | [redacted] | Verified | Field Value reflects Note Date per the Note |
| XXX | 87935 | XXX |  |  | Original Interest Rate |  | 8.75 | Verified | Field Value reflects the Note value |
| XXX | 87935 | XXX |  |  | Amortization Type |  | Fixed | Verified | Field Value reflects Amortization Type per Note |
| XXX | 87935 | XXX |  |  | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXX | 87591 | XXX |  |  | City | [redacted] | [redacted] | Verified | Field Value reflects City per Note |
| XXX | 87591 | XXX |  |  | Borrower First Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 87591 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 87591 | XXX |  |  | Representative FICO | 680 |  | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXX | 87591 | XXX |  |  | Contract Sales Price | 0.00 |  | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| XXX | 86788 | XXX |  |  | Representative FICO | 680 |  | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXX | 88624 | XXX |  |  | Borrower First Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 88624 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 88624 | XXX |  |  | Coborrower First Name | [redacted] | [redacted] | Verified | Field Value reflects Co-Borrower name as it appears on the Note |
| XXX | 88624 | XXX |  |  | Coborrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Co-Borrower name as it appears on the Note |
| XXX | 88624 | XXX |  |  | Contract Sales Price | XXX | XXX | Verified | Updated from 1004 Document. |
| XXX | 86998 | XXX |  |  | Representative FICO | 680 |  | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXX | 84927 | XXX |  |  | Borrower First Name | [redacted] | [redacted] | Verified | Unable to verify due to missing information |
| XXX | 84927 | XXX |  |  | Contract Sales Price | XXX | XXX | Verified | Refinance |
| XXX | 86896 | XXX |  |  | Borrower First Name | [redacted] | [redacted] | Verified | Unable to verify due to missing information |
| XXX | 86896 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 86896 | XXX |  |  | Contract Sales Price | XXX | XXX | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| XXX | 86896 | XXX |  |  | Subject Debt Service Coverage Ratio | 1.00 | 1.29 | Verified | Field value reflects source document |
| XXX | 84958 | XXX |  |  | Borrower First Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 84958 | XXX |  |  | Borrower Last Name | [redacted] | [redacted] | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 84958 | XXX |  |  | Note Date | [redacted] | [redacted] | Verified | Field Value reflects Note Date per the Note |
| XXX | 84958 | XXX |  |  | Original Loan Amount | XXX | XXX | Verified | Field Value reflects the Note value |
| XXX | 84958 | XXX |  |  | First Payment Date | [redacted] | [redacted] | Verified | Field Value reflects First Payment Date per the Note |
| XXX | 84958 | XXX |  |  | Amortization Term |  | 360 | Verified | Field Value reflects Amortization Term per Note |
| XXX | 84958 | XXX |  |  | Maturity Date | [redacted] | [redacted] | Verified | Field Value reflects Maturity Date per the Note |
| XXX | 84958 | XXX |  |  | Original P&I | 0.00 | 3716.44 | Verified | Field Value reflects Note value |
| XXX | 84958 | XXX |  |  | Interest Only |  | 0 | Verified | Tape Value reflects Modification 'Interest Only' |
| XXX | 84958 | XXX |  |  | Appraised Value | XXX | XXX | Verified | Field Value reflects Approval/AUS value |
| XXX | 84958 | XXX |  |  | Cash To Borrower | XXX | XXX | Verified | Field value reflects source document |
| XXX | 84958 | XXX |  |  | Appraisal Effective Date | [redacted] | [redacted] | Verified | Tape Value reflects Appraisal Date |
| XXX | 84958 | XXX |  |  | Product Description | Investor Connect | Fixed Rate | Verified | Field value reflects source document |
| XXX | 84958 | XXX |  |  | Neg Am |  | 0 | Verified | Unable to verify due to missing information |
| XXX | 84958 | XXX |  |  | Original HLTV |  | 65 | Verified | Field value reflects source document |
| XXX | 84958 | XXX |  |  | PITIA Reserves Months | 9.00 | 7.21 | Verified | Field value reflects source document |
| XXX | 84958 | XXX |  |  | Borrower Citizenship | [redacted] | [redacted] | Verified | Field value reflects source document |
| XXX | 84958 | XXX |  |  | Last Property Transfer Date | [redacted] | [redacted] | Verified | Field value reflects source document |
| XXX | 84958 | XXX |  |  | Appraisal As-Is Value | XXX | XXX | Verified | Field value reflects source document |
| XXX | 84958 | XXX |  |  | Blanket Mortgage? |  | 0 | Verified | Field value reflects source document |
| XXX | 84958 | XXX |  |  | Borrower EIN | [redacted] | [redacted] | Verified | Field value reflects source document |
| XXX | 86412 | XXX |  |  | Contract Sales Price | 0.00 |  | Verified | Field Value reflects sales price as it appears on the HUD-1 or CD |
| XXX | 86679 | XXX |  |  | Original CLTV |  | 75 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXX | 88216 | XXX |  |  | Property Type | Single Family | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXX | 88216 | XXX |  |  | Prepayment Penalty Period (months) |  | 36 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |

---

## Exhibit 99.1

**Exhibit 99.1 Schedule 2**

![](ex99-1sch1_001.jpg)

**Exception Grades**

**Run Date - 9/4/2025 11:11:38 AM**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Loan Exception ID** | **Exception Date** | **Exception Type** | **Exception Category** | **Exception Subcategory** | **15E Category** | **Exception** | **Exception Detail** | **Exception Information** | **Compensating Factors** | **Compensating Factor Information** | **Applying Party** | **Follow-up Comments** | **Cleared Date** | **Cured Date** | **Waived Date** | **Exception Level Grade** | **Note Date** | **Property State** | **Occupancy** | **Purpose** | **Exception Remediation** | **Originator QM ATR Status** | **TPR QM ATR Status** | **Is Curable** |
| XXX | 85335 | XXX |  | 31935029 |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. | Most Recent Valuation Inspection Date: ___ <br> Disaster End Date: ___<br> Disaster Name: ___<br> Disaster Declaration Date: ___ | The subject property is located in FEMA disaster area. A post-disaster inspection verifying there was no damage to the subject property is required. |  |  |  | Reviewer Comment (2024-11-13): BPO provided and cleared.<br>Buyer Comment (2024-11-13): BPO | 11/13/2024 |  |  | 1 C A |  | MI | Primary | Purchase | C A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| XXX | 86234 | XXX |  | 33278206 |  | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. |  | The file is missing a copy of Final Title policy. |  |  |  | Reviewer Comment (2025-03-16): Final title received | 03/16/2025 |  |  | 1 A |  | CA | Primary | Refinance - Cash-out - Other | C A B | Exempt from ATR | Exempt from ATR | No |
| XXX | 86234 | XXX |  | 33278210 |  | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted]([redacted]) business days from transaction date of [redacted] | Loan transaction disbursed on [redacted], prior to business days from transaction date of [redacted]. |  |  |  | Reviewer Comment (2025-03-24): Cleared.<br>Buyer Comment (2025-03-20): please see settlement statement<br>Reviewer Comment (2025-03-16): Per final CD, loan disbursed on [redacted] A final signed/stamped/certified settlement statement reflecting disbursement date will be required for review of this condition.<br>Buyer Comment (2025-03-14): This loan was actually disbursed on [redacted] as per our system data | 03/24/2025 |  |  | 1 C A |  | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B | Exempt from ATR | Exempt from ATR | No |
| XXX | 86234 | XXX |  | 33278211 |  | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. |  |  |  |  |  | Reviewer Comment (2025-03-16): Final title received<br>Buyer Comment (2025-03-13): Final | 03/16/2025 |  |  | 1 B A |  | CA | Primary | Refinance - Cash-out - Other | C A B | Exempt from ATR | Exempt from ATR | No |
| XXX | 86234 | XXX |  | 33278212 |  | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML [redacted]Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Mortgage Loan. | APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2025-03-16): Appraisal delivery received<br>Buyer Comment (2025-03-14): please see attached delivery proof | 03/16/2025 |  |  | 1 C A |  | CA | Primary | Refinance - Cash-out - Other | C A B | Exempt from ATR | Exempt from ATR | No |
| XXX | 86234 | XXX |  | 33278213 |  | Compliance | Compliance | Federal Compliance | Compliance | Federal HPML Appraisal - [redacted]Not Exempt | TILA HPML Appraisal Rule ([redacted]): ATR Exempt CDFI loan does not qualify for exemption from Federal HPML Appraisal requirements under [redacted] due to loan failing one or more of the QM requirements under [redacted] (Loan Feature, Loan Term, Points and Fees, or QM APOR Rate Threshold. | Evidence that appraisal dated[redacted]was provided [redacted] days prior to closing is missing. |  |  |  | Reviewer Comment (2025-03-16): Appraisal delivery received<br>Buyer Comment (2025-03-14): please see attached delivery proof | 03/16/2025 |  |  | 1 B A |  | CA | Primary | Refinance - Cash-out - Other | C A B | Exempt from ATR | Exempt from ATR | No |
| XXX | 86234 | XXX |  | 33278214 |  | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule ([redacted]): Creditor did not provide a copy of each valuation to applicant [redacted]([redacted]) business days prior to consummation. | Evidence that appraisal dated [redacted] was provided [redacted] days prior to closing is missing. |  |  |  | Reviewer Comment (2025-03-16): Appraisal delivery received<br>Buyer Comment (2025-03-14): please see attached delivery proof | 03/16/2025 |  |  | 1 C A |  | CA | Primary | Refinance - Cash-out - Other | C A B | Exempt from ATR | Exempt from ATR | No |
| XXX | 88950 | XXX |  | 33278397 |  | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 |  | Initial loan application is not provided. |  |  |  | Reviewer Comment (2024-12-10): Provided.<br>Buyer Comment (2024-12-06): [redacted]-Upload Initial 1003 | 12/10/2024 |  |  | 1 B A |  | NC | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| XXX | 88950 | XXX |  | 33278398 |  | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML [redacted]Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Mortgage Loan. | APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2024-12-09): [redacted] received 1003. | 12/09/2024 |  |  | 1 C A |  | NC | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| XXX | 88950 | XXX |  | 33278399 |  | Compliance | Compliance | Federal Compliance | Compliance | Federal HPML Appraisal - [redacted]Not Exempt | TILA HPML Appraisal Rule ([redacted]): ATR Exempt [redacted] loan does not qualify for exemption from Federal HPML Appraisal requirements under [redacted] due to loan failing one or more of the QM requirements under [redacted] (Loan Feature, Loan Term, Points and Fees, or QM APOR Rate Threshold. |  |  |  |  | Reviewer Comment (2024-12-09): [redacted]received 1003. | 12/09/2024 |  |  | 1 B A |  | NC | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| XXX | 88950 | XXX |  | 33278400 |  | Compliance | Compliance | Federal Compliance | TRID | TIL HPML Appraisal Disclosure - HPML Status | HPML - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. | File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. |  |  |  | Reviewer Comment (2024-12-09): [redacted]received LE.<br>Buyer Comment (2024-12-06): [redacted]-Appraisal Receipt | 12/09/2024 |  |  | 1 C A |  | NC | Primary | Purchase | Good faith redisclosure C A | Exempt from ATR | Exempt from ATR | No |
| XXX | 88950 | XXX |  | 33278402 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TILA-RESPA Integrated Disclosure: application date on or after XX/XX/20XX, no Loan Estimates in the Loan File | TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $[redacted]may be required. | Loan estimate is not provided. |  |  |  | Reviewer Comment (2024-12-09): [redacted] received LE.<br>Buyer Comment (2024-12-06): [redacted]-LE | 12/09/2024 |  |  | 1 C A |  | NC | Primary | Purchase | No Defined Cure A | Exempt from ATR | Exempt from ATR | No |
| XXX | 88950 | XXX |  | 33278404 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID [redacted] Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: [redacted] Fee Tolerance exceeded for Title - Settlement / Closing / Escrow Fee. Fee Amount of $[redacted]exceeds tolerance of $[redacted]. Insufficient or no cure was provided to the borrower. | Loan estimate is not provided causing fee tolerance violation. |  |  |  | Reviewer Comment (2024-12-09): [redacted] received initial LE dated [redacted]<br>Buyer Comment (2024-12-06): [redacted]-Upload SSPL | 12/09/2024 |  |  | 1 C A |  | NC | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Exempt from ATR | Exempt from ATR | Yes |
| XXX | 88950 | XXX |  | 33278405 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID[redacted] Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: [redacted] Fee Tolerance exceeded for Title - Examination Fee. Fee Amount of $[redacted]exceeds tolerance of $[redacted]. Insufficient or no cure was provided to the borrower. | Loan estimate is not provided causing fee tolerance violation. |  |  |  | Reviewer Comment (2024-12-09): [redacted] received initial LE dated [redacted]<br>Buyer Comment (2024-12-06): [redacted]-Upload SSPL | 12/09/2024 |  |  | 1 C A |  | NC | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Exempt from ATR | Exempt from ATR | Yes |
| XXX | 88950 | XXX |  | 33278406 |  | Compliance | Compliance | Federal Compliance | Missing Application Date | Missing Initial Loan Application Test | No evidence of application date located in file. Compliance tests were run using an application date of [redacted] which is [redacted] months prior to consummation. A lookback was performed to determine this application date. | File is missing initial 1003. |  |  |  | Reviewer Comment (2024-12-09): [redacted] received 1003. | 12/09/2024 |  |  | 1 B A |  | NC | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| XXX | 88950 | XXX |  | 33278407 |  | Compliance | Compliance | Federal Compliance | TILA | NMLS - Missing Evidence of Initial Loan Application Date | Truth in Lending Act ([redacted]): Unable to determine compliance with NMLSR timing requirements due to missing evidence of initial loan application date. | File is missing initial 1003. |  |  |  | Reviewer Comment (2024-12-09): [redacted] received 1003.<br>Buyer Comment (2024-12-06): [redacted]-Upload LE<br>Buyer Comment (2024-12-06): [redacted]-Upload Initial 1003 | 12/09/2024 |  |  | 1 C A |  | NC | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| XXX | 88950 | XXX |  | 33278408 |  | Compliance | Compliance | Federal Compliance | TRID | TIL HPML Appraisal Disclosure - HPML Timing | HPML - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within [redacted] days of the loan application date. | Initial LE was not provided to borrower within [redacted] days of application. |  |  |  | Reviewer Comment (2024-12-09): [redacted] received 1003. | 12/09/2024 |  |  | 1 A |  | NC | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| XXX | 88950 | XXX |  | 33278409 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within [redacted] business days of application. | Initial LE was not provided to borrower within [redacted] days of application. |  |  |  | Reviewer Comment (2024-12-09): [redacted] received 1003. | 12/09/2024 |  |  | 1 A |  | NC | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| XXX | 87302 | XXX |  | 33278584 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least ([redacted]) business days prior to closing. | Initial CD issued [redacted]and loan closed[redacted], which is not at least [redacted]business days. |  |  |  | Reviewer Comment (2024-12-19): [redacted] received initial CD.<br>Buyer Comment (2024-12-18): [redacted]-Upload initial CD | 12/19/2024 |  |  | 1 C A |  | FL | Primary | Purchase | No Defined Cure A | Exempt from ATR | Exempt from ATR | No |
| XXX | 88089 | XXX |  | 33278962 |  | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of [Redacted]% or Final Disclosure APR of [Redacted]% is equal to or greater than the threshold of APOR [Redacted]% + [Redacted]%, or [Redacted]%. Non-Compliant Higher Priced Mortgage Loan. | APR on subject loan of [Redacted]% or Final Disclosure APR of [Redacted]% is equal to or greater than the threshold of APOR [Redacted]% + [Redacted]%, or [Redacted]%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2025-02-28): clear<br>Buyer Comment (2025-02-26): Please find proof of delivery | 02/28/2025 |  |  | 1 C A |  | MI | Primary | Refinance - Cash-out - Other | C A | Exempt from ATR | Exempt from ATR | No |
| XXX | 88089 | XXX |  | 33278963 |  | Compliance | Compliance | Federal Compliance | Compliance | Federal HPML Appraisal - CDFI Not Exempt | TILA HPML Appraisal Rule (Dodd-Frank 2014): ATR Exempt CDFI loan does not qualify for exemption from Federal HPML Appraisal requirements under [Redacted](c)([Redacted]) due to loan failing one or more of the QM requirements under [Redacted](Loan Feature, Loan Term, Points and Fees, or QM APOR Rate Threshold. |  |  |  |  | Reviewer Comment (2025-02-28): clear<br>Buyer Comment (2025-02-26): Please find proof of delivery | 02/28/2025 |  |  | 1 B A |  | MI | Primary | Refinance - Cash-out - Other | C A | Exempt from ATR | Exempt from ATR | No |
| XXX | 88089 | XXX |  | 33278964 |  | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant [Redacted]) business days prior to consummation. | No evidence in file appraisal dated [Redacted] was received by borrower at least [Redacted]business days prior to consummation. |  |  |  | Reviewer Comment (2025-02-28): clear<br>Buyer Comment (2025-02-26): Please find proof of delivery | 02/28/2025 |  |  | 1 C A |  | MI | Primary | Refinance - Cash-out - Other | C A | Exempt from ATR | Exempt from ATR | No |
| XXX | 88089 | XXX |  | 33278966 |  | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: [Redacted]Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $[Redacted]exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  |  | Reviewer Comment (2025-02-24): Sufficient Cure Provided At Closing |  | 02/24/2025 |  | 1 A |  | MI | Primary | Refinance - Cash-out - Other | Final CD evidences Cure A | Exempt from ATR | Exempt from ATR | Yes |
| XXX | 85086 | XXX |  | 33278968 |  | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of ___ is less than Guideline representative FICO score of ___. | Borrower's FICO of [Redacted]does not meet the guideline minimum requirement of [Redacted]. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. |  | SitusAMC<br>SitusAMC | Reviewer Comment (2025-03-16): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-03-14): Please see attached email from[redacted]. Thank you.<br>Buyer Comment (2025-03-14): See attached. Thank you.<br>Reviewer Comment (2025-03-12): The last page of the lender exception provided to us is blank. It is not completed. Please provide all [redacted] pages of the exception with the fully completed page [redacted] as shown in LOX/email from xx.<br>Buyer Comment (2025-03-10): Please see attached email from secondary confirming form is signed correctly. Also, we do not require the Broker to execute on page #[redacted]. Thank you.<br>Reviewer Comment (2025-03-10): The exception in the file is not approved.<br>Buyer Comment (2025-03-06): Please find attached the exception for the fico score. Please waive to an exception grade of [Redacted]per the compensating factors reflected on the exception and:<br> reserves of over [Redacted]+ mths & LTV under the max of [Redacted]% per [redacted] guidelines. Borrower has good credit with no bk's or foreclosures. Thank you. |  |  | 03/16/2025 | 2 C B |  | CO | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| XXX | 85086 | XXX |  | 33278971 |  | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of [Redacted]% or Final Disclosure APR of [Redacted]% is equal to or greater than the threshold of APOR [Redacted]% + [Redacted]%, or [Redacted]%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  |  | Reviewer Comment (2025-03-24): Cleared.<br>Buyer Comment (2025-03-20): confirmation uploaded | 03/24/2025 |  |  | 1 C A |  | CO | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| XXX | 85086 | XXX |  | 33278972 |  | Compliance | Compliance | Federal Compliance | Compliance | Federal HPML Appraisal - CDFI Not Exempt | TILA HPML Appraisal Rule (Dodd-Frank 2014): ATR Exempt CDFI loan does not qualify for exemption from Federal HPML Appraisal requirements under [Redacted]) due to loan failing one or more of the QM requirements under[Redacted]) (Loan Feature, Loan Term, Points and Fees, or QM APOR Rate Threshold. |  |  |  |  | Reviewer Comment (2025-03-24): Cleared.<br>Buyer Comment (2025-03-20): confirmation uploaded | 03/24/2025 |  |  | 1 B A |  | CO | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| XXX | 85086 | XXX |  | 33278973 |  | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant [Redacted] business days prior to consummation. |  |  |  |  | Reviewer Comment (2025-03-24): Cleared.<br>Buyer Comment (2025-03-20): see attached<br>Reviewer Comment (2025-03-20): Borrower to verify that the appraisal was received on [redacted].<br>Buyer Comment (2025-03-18): Team [redacted] stated if the borrower received it via email on [redacted] in her initial email which the borrower responded with "Yes." and they tried to clarify which appraisal they received. This should not be rejected just because the borrower wanted to be specific and state which appraisal they were referring to.<br>Reviewer Comment (2025-03-17): The email from the borrower states that they received the [redacted] appraisal. They did not confirm that they received on [redacted]. For review of this condition, we will need confirmation of date borrower received appraisal.<br>Buyer Comment (2025-03-17): [redacted]-Within in the chain of the email it asks the Borrower to verify that they received the document on [redacted].<br>Reviewer Comment (2025-03-16): Email provided does not verify date received. Borrower only indicates that yes, they received the appraisal dated [redacted]. Borrower needs to verify date appraisal was received for review of this condition.<br>Buyer Comment (2025-03-14): [redacted]-Proof of Appraisal Delivery<br>Buyer Comment (2025-03-13): Appraisal E-Delivery provided reflects[redacted] Terms on [redacted] at [redacted]am [redacted]<br>Reviewer Comment (2025-03-10): The document provided is not proof of delivery of the appraisal. It is terms of delivery.<br>Buyer Comment (2025-03-06): Attached is proof of delivery of [redacted] Appraisal | 03/24/2025 |  |  | 1 C A |  | CO | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| XXX | 86316 | XXX |  | 33288352 |  | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  |  |  |  |  | Reviewer Comment (2025-01-27): Title Policy amount verified and updated. Exception cleared<br>Seller Comment (2025-01-24): The coverage amount is noted on the preliminary title policy page [redacted] of the initial shipping package in the amount of $[redacted]. | 01/27/2025 |  |  | 1 B A |  | CA | Primary | Purchase | B A | Non QM | Non QM | No |
| XXX | 86316 | XXX |  | 33288355 |  | Compliance | Compliance | Federal Compliance | Federal HPML | TIL Higher Priced Mortgage Loan Safe Harbor Test | TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. | APR on subject loan of [Redacted]% or Final Disclosure APR of [Redacted]% is equal to or greater than the threshold of APOR [Redacted]% + [Redacted]%, or [Redacted]%. Compliant Higher Priced Loan. |  |  |  | Reviewer Comment (2025-01-31): Received clarification/approval/documentation from lender. Condition cleared.<br>Seller Comment (2025-01-29): Per section [redacted] second to last bullet point "Appraisal transfers are permitted.". please advise.<br>Reviewer Comment (2025-01-29): Per lender guides, Appraisal transfers are not permitted. Which is section [redacted] of the guides.<br>Seller Comment (2025-01-27): Appraisal transfer letters are not required per guidelines, please advise.<br>Reviewer Comment (2025-01-27): Provide Appraisal transfer letter missing in loan file. Exception remains<br>Seller Comment (2025-01-24): Please advised as to what is being required on this exception finding, as it reflects "Compliant Higher Priced Loan" . | 01/31/2025 |  |  | 1 B A |  | CA | Primary | Purchase | B A | Non QM | Non QM | No |
| XXX | 86488 | XXX |  | 33787332 |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | The Fraud report is missing for the borrower, report on file is not our borrower. |  |  |  | Reviewer Comment (2025-03-26): Fraud provided<br>Buyer Comment (2025-03-19): Uploaded fraud report for borrower. | 03/26/2025 |  |  | 1 C A |  | NC | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXX | 88880 | XXX |  | 33894447 |  | Compliance | Compliance | Federal Compliance | GSE | [redacted]- [redacted]% Points and Fees | [redacted]% Points and Fees Test. Points and Fees on subject loan of [redacted]% is in excess of the investor allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees total $[redacted]on a Federal Total Loan Amount of $[redacted]vs. an investor allowable total of $[redacted](an overage of $[redacted] or .[redacted]%). | Points and Fees threshold exceeded by $[redacted]or [redacted]%. Lender to issue refund of overage to borrower. Lender to provide copy of refund check and proof of delivery. Provide payment history of loan verifying loan is not [redacted] days delinquent. |  |  |  | Buyer Comment (2025-04-03): [redacted] accepts B grade, please waive<br>Reviewer Comment (2025-04-02): Grade [redacted] non material exception, you can waive and accept B grade. |  |  | 04/03/2025 | 2 B |  | KS | Primary | Refinance - Cash-out - Other | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. C B A | Non QM | Non QM | Yes |
| XXX | 88880 | XXX |  | 33894449 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [redacted] disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $[redacted]is over disclosed by $[redacted]compared to the calculated Amount Financed of $[redacted]and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated [redacted]). | Finance Charge disclosed is $[redacted]. Calculated finance charge is $[redacted]. Variance of $[redacted]. TILA Material Disclosure Cure |  |  |  | Reviewer Comment (2025-05-01): [redacted] received Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission.<br>Buyer Comment (2025-04-29): Uploaded signed NRTC<br>Reviewer Comment (2025-04-15): Finance charge is a "material disclosure" for purposes of [redacted]which provides: ([redacted])(i) The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by paragraph (b) of this section, or delivery of all material disclosures, whichever occurs last. If the required notice or material disclosures are not delivered, the right to rescind shall expire [redacted] years after consummation. As the finance charge was inaccurate at consummation, the rescission period did not begin until the material disclosures were made accurate. Need reopened rescission (new NORTC form to all parties with rescission rights, same transaction date, but new rescission expiration date printed on the new NORTC dated at least [redacted] business days from the date the borrower receives the new NORTC).<br>Buyer Comment (2025-04-15): Disregard last comment. Borrower received a cure and was also sent PCCD and LOE. What is the reason for reopening rescission?<br>Buyer Comment (2025-04-15): Please provide status<br>Buyer Comment (2025-04-11): Uploaded copy of check, working on proof of delivery of reopened rescission<br>Reviewer Comment (2025-04-11): Please provide copy of $[redacted] refund check and reopened rescission with proof of delivery to complete cure<br>Buyer Comment (2025-04-11): Please provide status<br>Buyer Comment (2025-04-09): $[redacted] cure issued to borrower. Uploaded PCCD, LOE, and Fedex Label |  | 05/01/2025 |  | 2 C B |  | KS | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) B | Non QM | Non QM | Yes |
| XXX | 88880 | XXX |  | 33894450 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [redacted] disclosed an inaccurate Finance Charge on page [redacted] that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $[redacted] is under disclosed by $[redacted]compared to the calculated Finance Charge of $[redacted] which exceeds the $[redacted]threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated [redacted]). | Finance Charge disclosed is $[redacted]. Calculated finance charge is $[redacted]. Variance of $[redacted]. TILA Material Disclosure Cure |  |  |  | Reviewer Comment (2025-05-01): [redacted] received Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission.<br>Buyer Comment (2025-04-29): Uploaded signed [redacted]<br>Reviewer Comment (2025-04-15): Finance charge is a "material disclosure" for purposes of [redacted] which provides: (3)(i) The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by paragraph (b) of this section, or delivery of all material disclosures, whichever occurs last. If the required notice or material disclosures are not delivered, the right to rescind shall expire [redacted] years after consummation. As the finance charge was inaccurate at consummation, the rescission period did not begin until the material disclosures were made accurate. Need reopened rescission (new [redacted] form to all parties with rescission rights, same transaction date, but new rescission expiration date printed on the new [redacted]dated at least [redacted] business days from the date the borrower receives the new [redacted]).<br>Buyer Comment (2025-04-15): Borrower received a cure and was also sent PCCD and LOE. What is the reason for reopening rescission?<br>Buyer Comment (2025-04-11): Uploaded copy of check, working on proof of delivery of reopened rescission<br>Reviewer Comment (2025-04-11): Please provide copy of [redacted] refund check and reopened rescission with proof of delivery to complete cure<br>Buyer Comment (2025-04-11): Please provide status<br>Buyer Comment (2025-04-10): [redacted]cure issued to borrower. Uploaded PCCD, LOE, and Fedex Label |  | 05/01/2025 |  | 2 C B |  | KS | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) B | Non QM | Non QM | Yes |
| XXX | 89038 | XXX |  | 33894455 |  | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted] prior to ([redacted) business days from transaction date of [redacted]. | Disbursement date [redacted] per Final signed/dated CD. |  |  |  | Reviewer Comment (2025-04-24): Post-closing CD provided<br>Buyer Comment (2025-04-21): please see the uploaded PCCD | 04/24/2025 |  |  | 1 C A |  | CA | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C | Non QM | Non QM | Yes |
| XXX | 87348 | XXX |  | 33894457 |  | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  | Provided title policy document does not have policy amount. |  |  |  | Reviewer Comment (2025-04-18): Client elects to waive<br>Buyer Comment (2025-04-18): Please waive, we accept B grade |  |  | 04/18/2025 | 2 B |  | CA | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXX | 87348 | XXX |  | 33894458 |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank [redacted]): Creditor did not provide a copy of each valuation to applicant ([redacted]) business days prior to consummation. | The disclosure signed at closing is not provided confirming receipt prior to closing. The one in file states they either waived or received. |  |  |  | Reviewer Comment (2025-04-18): Client elects to waive<br>Buyer Comment (2025-04-18): Please waive, we accept B grade |  |  | 04/18/2025 | 2 B |  | CA | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXX | 87348 | XXX |  | 33894460 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Verification of the disbursement date is required due to discrepancies identified in the loan file. |  |  |  | Reviewer Comment (2025-04-23): Post-closing CD provided with updated disbursement date<br>Buyer Comment (2025-04-23): Please provide status<br>Buyer Comment (2025-04-18): Uploaded PCCD reflecting [redacted] disbursement date, gift wire confirmation date is [redacted]. Please clear | 04/23/2025 |  |  | 1 C A |  | CA | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXX | 87348 | XXX |  | 33894461 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank [redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Wire confirmation to support Gift amount of $[redacted] is after disbursement date, causing loan designation discrepancy. |  |  |  | Reviewer Comment (2025-04-23): Post-closing CD with updated disbursement date provided<br>Buyer Comment (2025-04-23): Please provide status<br>Buyer Comment (2025-04-18): Disregard last comment - Uploaded PCCD reflecting [redacted] disbursement date, gift wire confirmation date is [redacted]. Please clear<br>Buyer Comment (2025-04-18): Uploaded PCCD reflecting[redacted] disbursement date, gift letter date is [redacted]. Please clear | 04/23/2025 |  |  | 1 B A C |  | CA | Primary | Purchase | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes |
| XXX | 87348 | XXX |  | 33894462 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Assets | Ability to Repay (Dodd-Frank [redacted]): Unable to verify assets using reasonably reliable third-party records. | Wire confirmation to support Gift amount of $[redacted] is after disbursement date, causing loan designation discrepancy. |  |  |  | Reviewer Comment (2025-04-23): Post-closing CD with updated disbursement date provided<br>Buyer Comment (2025-04-23): Please provide status<br>Buyer Comment (2025-04-18): Uploaded PCCD reflecting [redacted] disbursement date, gift wire confirmation date is [redacted]. Please clear | 04/23/2025 |  |  | 1 C A |  | CA | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXX | 87348 | XXX |  | 33894463 |  | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank [redacted]): General Ability-to-Repay requirements not satisfied. | Wire confirmation to support Gift amount of $[redacted] is after disbursement date, causing loan designation discrepancy. |  |  |  | Reviewer Comment (2025-05-20): Gift documentation provided | 05/20/2025 |  |  | 1 A |  | CA | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXX | 87348 | XXX |  | 33894464 |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank [redacted]): Creditor did not provide a copy of each valuation to applicant ([redacted]) business days prior to consummation. | Missing the appraisal that was sent to the borrower in March. |  |  |  | Reviewer Comment (2025-04-18): Client elects to waive<br>Buyer Comment (2025-04-18): Please waive, we accept B grade |  |  | 04/18/2025 | 2 B |  | CA | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXX | 87348 | XXX |  | 33894465 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted]exceeds tolerance of $[redacted]plus [redacted]% or $[redacted]. Insufficient or no cure was provided to the borrower. | Post-closing closing disclosure provided with updated fees. |  |  |  | Reviewer Comment (2025-04-23): SSPL form provided | 04/23/2025 |  |  | 1 A |  | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXX | 87348 | XXX |  | 33894466 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Loan Tie-In Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. Insufficient or no cure was provided to the borrower. | Post-closing closing disclosure provided with updated fees. |  |  |  | Reviewer Comment (2025-04-23): SSPL form provided | 04/23/2025 |  |  | 1 A |  | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXX | 87348 | XXX |  | 33894467 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - SubEscrow Fee. Fee Amount of $[redacted]exceeds tolerance of $[redacted]. Insufficient or no cure was provided to the borrower. | Post-closing closing disclosure provided with updated fees. |  |  |  | Reviewer Comment (2025-04-23): SSPL form provided | 04/23/2025 |  |  | 1 A |  | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXX | 87348 | XXX |  | 33894468 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Wire /Funding/ Disbursement Fee. Fee Amount of $[redacted]exceeds tolerance of $[redacted]. Insufficient or no cure was provided to the borrower. | Post-closing closing disclosure provided with updated fees. |  |  |  | Reviewer Comment (2025-04-23): SSPL form provided | 04/23/2025 |  |  | 1 A |  | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXX | 87893 | XXX |  | 33894471 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank [redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Per NON-QM matrix dated [redacted] for P&L income, either a [redacted]-month P&L prepared by a CPA, or a P&L + [redacted] months business bank statements supporting the income. The P&L is dated [redacted] to [redacted], which is not [redacted] months and not prepared by a CPA, or [redacted] months business bank statements. |  |  |  | Reviewer Comment (2025-05-06): Audited P&L signed/dated provided<br>Buyer Comment (2025-05-01): please see the upl income docs<br>Reviewer Comment (2025-04-28): The [redacted] month/ YTD P&L is a missing signature and who prepared it, per [redacted] section of the guides- P&L must be prepared by CPA.<br> Missing IRS screenshot website per [redacted] section of guides.<br> Missing CTEC screenshot, per [redacted]section of guides.<br> These documents should have been time stamped prior to closing | 05/06/2025 |  |  | 1 B A C |  | CA | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status C | Non QM | Non QM | Yes |
| XXX | 87893 | XXX |  | 33894472 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - P&L Statement Only Guidelines Third Party Preparation Requirement not met | Ability to Repay (Dodd-Frank [redacted]): P&L Statement(s) used to qualify were not prepared by a third party. | Per NON-QM matrix dated [redacted] for P&L income, either a [redacted]-month P&L prepared by a CPA, or a P&L + [redacted] months business bank statements supporting the income. The P&L is dated [redacted] to [redacted], which is not [redacted] months and not prepared by a CPA, or [redacted] months business bank statements. |  |  |  | Reviewer Comment (2025-05-06): Audited P&L signed/dated provided<br>Buyer Comment (2025-05-01): please see the upl income docs<br>Reviewer Comment (2025-04-28): The [redacted] month/ YTD P&L is a missing signature and who prepared it, per [redacted] section of the guides- P&L must be prepared by CPA.<br> Missing IRS screenshot website per [redacted] section of guides.<br> Missing [redacted] screenshot, per [redacted]section of guides.<br> These documents should have been time stamped prior to closing | 05/06/2025 |  |  | 1 C A |  | CA | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXX | 87893 | XXX |  | 33894473 |  | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank [redacted]): General Ability-to-Repay requirements not satisfied. | Per NON-QM matrix dated [redacted] for P&L income, either a [redacted]-month P&L prepared by a CPA, or a P&L + [redacted] months business bank statements supporting the income. The P&L is dated [redacted] to [redacted], which is not [redacted] months and not prepared by a CPA, or [redacted] months business bank statements. |  |  |  | Reviewer Comment (2025-05-06): Audited P&L signed/dated provided | 05/06/2025 |  |  | 1 A |  | CA | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXX | 87893 | XXX |  | 33894474 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least ([redacted]) business days prior to closing. | No evidence that the borrower received the initial closing disclosure dated [redacted] at least [redacted] days prior to closing. |  |  |  | Reviewer Comment (2025-04-28): [redacted] received initial CD.<br>Buyer Comment (2025-04-25): Please see the uploaded POD for the CD [redacted]<br>Buyer Comment (2025-04-25): please see the upl pod for the CD<br>Buyer Comment (2025-04-25): please see the upl pod for the [redacted] CD | 04/28/2025 |  |  | 1 C A |  | CA | Primary | Refinance - Cash-out - Other | No Defined Cure A | Non QM | Non QM | No |
| XXX | 87893 | XXX |  | 33894475 |  | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to ([redacted]) business days from transaction date of [redacted]. | Expiration date on the right to cancel form is[redacted] and disbursement date is [redacted]. |  |  |  | Reviewer Comment (2025-04-30): Post-closing CD [redacted] with updated disbursement date<br>Buyer Comment (2025-04-25): please see the uploaded pccd | 04/30/2025 |  |  | 1 C A |  | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C | Non QM | Non QM | Yes |
| XXX | 87893 | XXX |  | 33894476 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank [redacted]): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Per NON-QM matrix dated [redacted]for P&L income, either a [redacted]-month P&L prepared by a CPA, or a P&L + [redacted] months business bank statements supporting the income. The P&L is dated [redacted] to [redacted], which is not [redacted]months and not prepared by a CPA, or [redacted] months business bank statements. |  |  |  | Reviewer Comment (2025-05-06): Audited P&L signed/dated provided<br>Buyer Comment (2025-05-01): please see the upl income docs<br>Reviewer Comment (2025-04-28): The [redacted] month/ YTD P&L is a missing signature and who prepared it, per [redacted] section of the guides- P&L must be prepared by CPA.<br> Missing IRS screenshot website per [redacted] section of guides.<br> Missing CTEC screenshot, per [redacted]section of guides.<br> These documents should have been time stamped prior to closing | 05/06/2025 |  |  | 1 C A |  | CA | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXX | 87893 | XXX |  | 33894477 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank [redacted]): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Per NON-QM matrix dated [redacted] for P&L income, either a [redacted]-month P&L prepared by a CPA, or a P&L + [redacted] months business bank statements supporting the income. The P&L is dated [redacted] to [redacted], which is not [redacted]months and not prepared by a CPA, or [redacted] months business bank statements. |  |  |  | Reviewer Comment (2025-05-06): Audited P&L signed/dated provided<br>Buyer Comment (2025-05-01): please see the upl income docs<br>Reviewer Comment (2025-04-28): The [redacted] month/ YTD P&L is a missing signature and who prepared it, per[redacted]ection of the guides- P&L must be prepared by CPA.<br> Missing IRS screenshot website per [redacted] section of guides.<br> Missing CTEC screenshot, per [redacted] section of guides.<br> These documents should have been time stamped prior to closing | 05/06/2025 |  |  | 1 C A |  | CA | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXX | 87893 | XXX |  | 33894478 |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Per NON-QM matrix dated [redacted] for P&L income, either a [redacted]-month P&L prepared by a CPA, or a P&L + [redacted] months business bank statements supporting the income. The P&L is dated [redacted] to [redacted], which is not [redacted]months and not prepared by a CPA, or [redacted] months business bank statements. |  |  |  | Reviewer Comment (2025-05-06): Audited P&L signed/dated provided<br>Buyer Comment (2025-05-01): please see the upl income docs<br>Reviewer Comment (2025-04-28): The [redacted] month/ YTD P&L is a missing signature and who prepared it, per [redacted] section of the guides- P&L must be prepared by CPA.<br> Missing IRS screenshot website per [redacted] section of guides.<br> Missing CTEC screenshot, per [redacted] section of guides.<br> These documents should have been time stamped prior to closing | 05/06/2025 |  |  | 1 C A |  | CA | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXX | 87026 | XXX |  | 33894479 |  | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  | The Preliminary title policy amount is not provided. |  |  |  | Reviewer Comment (2025-05-01): Final title provided<br>Buyer Comment (2025-04-28): Uploaded Final Title Policy | 05/01/2025 |  |  | 1 B A |  | CA | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXX | 87026 | XXX |  | 33894480 |  | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. |  |  |  |  |  | Reviewer Comment (2025-05-01): Final title provided | 05/01/2025 |  |  | 1 A |  | CA | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXX | 87026 | XXX |  | 33894481 |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank [redacted]): Creditor did not provide a copy of each valuation to applicant ([redacted]) business days prior to consummation. | Appraisal report dated [redacted] which is after the note date |  |  |  | Reviewer Comment (2025-05-02): Client elects to [redacted].<br>Reviewer Comment (2025-05-01): The only appraisal provided has the report date of [redacted]<br>Buyer Comment (2025-04-28): Proof of delivery dated [redacted] was for a revised appraisal report. Additional proof report was delivered on [redacted] and again on [redacted] were also included with appraisal report. Uploaded additional copies of emails again today.. |  |  | 05/02/2025 | 2 B |  | CA | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXX | 87026 | XXX |  | 33894483 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-[redacted]exceeds tolerance of $-[redacted]. Insufficient or no cure was provided to the borrower. | Lender Credit of $-[redacted]exceeds tolerance of $-[redacted]. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-04-29): [redacted] received COC dated [redacted]<br>Buyer Comment (2025-04-28): Uploaded COC for CD dated [redacted] | 04/29/2025 |  |  | 1 C A |  | CA | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXX | 87026 | XXX |  | 33894484 |  | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on[redacted], prior to ([redacted]) business days from transaction date of [redacted]. | Compliance Disbursement Date Source is the Disbursement Date from most recent closing disclosure (doc ID [redacted]) which reads a disbursement date of [redacted], however the RTC was signed on [redacted] with an expiration date of [redacted] and the RTC eligible disbursement date is [redacted]. |  |  |  | Reviewer Comment (2025-05-01): PCCD provided<br>Buyer Comment (2025-04-28): See uploaded PCCD with disbursement date[redacted] | 05/01/2025 |  |  | 1 C A |  | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B | Non QM | Non QM | Yes |
| XXX | 87026 | XXX |  | 33894485 |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank [redacted]): Creditor did not provide a copy of each valuation to applicant ([redacted]) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant ([redacted]) business days prior to consummation. |  |  |  | Reviewer Comment (2025-05-02): Client elects to [redacted].<br>Reviewer Comment (2025-05-01): The only appraisal provided has the report date of [redacted]<br>Buyer Comment (2025-04-28): Additional proof of appraisal delivery already provided with appraisal report dated [redacted] and [redacted]. POD dated [redacted] was for a revised appraisal report. Copies uploaded again today.. |  |  | 05/02/2025 | 2 B |  | CA | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXX | 87775 | XXX |  | 33894487 |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank [redacted]): Creditor did not provide a copy of each valuation to applicant ([redacted]) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant ([redacted]) business days prior to consummation. |  |  |  | Reviewer Comment (2025-05-07): receipt prvided<br>Buyer Comment (2025-05-06): Please provide status<br>Buyer Comment (2025-05-02): POD for the original appraisal was provided in the original loan file submission, see page [redacted]. We received the appraisal on[redacted] and it was delivered to the borrower on [redacted]. Please clear<br>Reviewer Comment (2025-04-30): Missing for the original appraisal<br>Buyer Comment (2025-04-28): Uploaded CDA POD | 05/07/2025 |  |  | 1 B A |  | CA | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXX | 87775 | XXX |  | 33894489 |  | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to ([redacted]) business days from transaction date of [redacted]. | Disbursement date [redacted] per Final signed/dated CD. |  |  |  | Reviewer Comment (2025-04-30): Material disclosures received on [redacted] CD.<br>Buyer Comment (2025-04-29): Please provide status<br>Buyer Comment (2025-04-25): Per PCCD dated [redacted] provided in loan file, disbursement date was [redacted]. Per [redacted] rescission period ended [redacted]. Please clear | 04/30/2025 |  |  | 1 C A |  | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B | Non QM | Non QM | Yes |
| XXX | 87775 | XXX |  | 33894490 |  | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date | Truth in Lending Act: Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). | Disbursement date [redacted] per Final signed/dated CD. |  |  |  | Reviewer Comment (2025-04-30): Material disclosures received on[redacted] CD.<br>Buyer Comment (2025-04-29): Please provide status<br>Buyer Comment (2025-04-25): Per PCCD dated [redacted] provided in loan file, disbursement date was [redacted]. Per [redacted]rescission period ended [redacted]. Please clear | 04/30/2025 |  |  | 1 C A |  | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B | Non QM | Non QM | Yes |
| XXX | 87775 | XXX |  | 33894491 |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | File is missing the final 1003 document. |  |  |  | Reviewer Comment (2025-04-30): Final 1003 provided<br>Buyer Comment (2025-04-29): Please provide status<br>Buyer Comment (2025-04-25): Uploaded Final 1003 | 04/30/2025 |  |  | 1 C A |  | CA | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXX | 87775 | XXX |  | 33894492 |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank [redacted]): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | The email chain stating the appraisal was sent to the borrower is dated [redacted], and the report date of the appraisal in file is [redacted]. Missing both the prior appraisal sent on [redacted] and confirmation of the appraisal that is dated [redacted] |  |  |  | Reviewer Comment (2025-05-08): Client elects to waive. |  |  | 05/08/2025 | 2 B |  | CA | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXX | 85824 | XXX |  | 33894495 |  | Compliance | Compliance | Federal Compliance | TRID Defect | [redacted]Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within [redacted] business days of application. Initial Loan Estimate dated [redacted] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. | E-sign consent was signed and dated on [redacted] |  |  |  | Reviewer Comment (2025-05-15): E-consent provided<br>Buyer Comment (2025-05-15): [redacted]<br>Reviewer Comment (2025-05-15): The consumer went through the eConsent process on [redacted] per docusign document, the consumer acknowledged the receipt of the LE on[redacted]. But the loan application date was [redacted]. In the event the consumer had not provided eConsent by [redacted], then the lender should have sent the consumer the Loan Estimate through another means in accordance with the official interpretation reflected in Comment 1[redacted]. Provide proof borrower was sent Initial LE via other means than electronic delivery, as the e-consent was over [redacted] business days and acknowledged over [redacted] business days. The LE would not have been provided electronically if borrower had not e-consented with the [redacted] business days after application.<br>Buyer Comment (2025-05-14): Acknowledgement of Intent to Proceed-Our borrower signed on [redacted] not [redacted] please see attached thank you :) | 05/15/2025 |  |  | 1 C A |  | MD | Primary | Purchase | C A | Non QM | Non QM | No |
| XXX | 86542 | XXX |  | 33894499 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank [redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Per matrix guidelines for P&L only income - [redacted]-month Profit & Loss statement prepared by a Certified Public Accountant (CPA), EA, CTEC or Tax Attorney. The P&L provided is less than [redacted]months. |  |  |  | Reviewer Comment (2025-05-30): NON-QM + program allows for [redacted]-month P&L<br>Reviewer Comment (2025-05-21): Per Non-QM matrix dated [redacted] and per tape date used for guidelines, the P&L requirement is for [redacted]-months only is required. As previously stated to [redacted], the matrices supersedes the guidelines. The P&L is less than [redacted]months.<br>Buyer Comment (2025-05-16): Loan program is for [redacted]months P&L, not [redacted]months. Uploaded snips of loan approval & our system. Please clear | 05/30/2025 |  |  | 1 B A C |  | CA | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXX | 86542 | XXX |  | 33894500 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank [redacted]): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Per matrix guidelines for P&L only income - [redacted]-month Profit & Loss statement prepared by a Certified Public Accountant (CPA), EA, CTEC or Tax Attorney. The P&L provided is less than [redacted] months. |  |  |  | Reviewer Comment (2025-05-30): NON-QM + program allows for [redacted]-month P&L<br>Reviewer Comment (2025-05-21): Per Non-QM matrix dated [redacted] and per tape date used for guidelines, the P&L requirement is for [redacted]-months only is required. As previously stated to [redacted], the matrices supersedes the guidelines. The P&L is less than [redacted]months.<br>Buyer Comment (2025-05-16): Loan program is for [redacted]months P&L, not [redacted]months. Uploaded snips of loan approval & our system. Please clear | 05/30/2025 |  |  | 1 C A |  | CA | Primary | Purchase | C A | Non QM | Non QM | No |
| XXX | 86542 | XXX |  | 33894501 |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Per matrix guidelines for P&L only income - [redacted]-month Profit & Loss statement prepared by a Certified Public Accountant (CPA), EA, CTEC or Tax Attorney. The P&L provided is less than [redacted] months. |  |  |  | Reviewer Comment (2025-05-30): NON-QM + program allows for [redacted]-month P&L<br>Reviewer Comment (2025-05-21): Per Non-QM matrix dated [redacted] and per tape date used for guidelines, the P&L requirement is for [redacted]-months only is required. As previously stated to [redacted], the matrices supersedes the guidelines. The P&L is less than [redacted]months.<br>Buyer Comment (2025-05-16): Loan program is for [redacted]months P&L, not [redacted]months. Uploaded snips of loan approval & our system. Please clear | 05/30/2025 |  |  | 1 C A |  | CA | Primary | Purchase | C A | Non QM | Non QM | No |
| XXX | 86542 | XXX |  | 33894502 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank [redacted]): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Per matrix guidelines for P&L only income - [redacted]-month Profit & Loss statement prepared by a Certified Public Accountant (CPA), EA, CTEC or Tax Attorney. The P&L provided is less than [redacted] months. |  |  |  | Reviewer Comment (2025-05-30): NON-QM + program allows for [redacted]-month P&L<br>Reviewer Comment (2025-05-21): Per Non-QM matrix dated [redacted] and per tape date used for guidelines, the P&L requirement is for [redacted]-months only is required. As previously stated to [redacted], the matrices supersedes the guidelines. The P&L is less than [redacted]months.<br>Buyer Comment (2025-05-16): Loan program is for [redacted]months P&L, not [redacted]months. Uploaded snips of loan approval & our system. Please clear | 05/30/2025 |  |  | 1 C A |  | CA | Primary | Purchase | C A | Non QM | Non QM | No |
| XXX | 85863 | XXX |  | 33894530 |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided |  | Business Purpose Certificate provided in file is unsigned. Required Signed copy. |  |  |  | Reviewer Comment (2025-04-28): Signed Business Purpose Certificate provided<br>Buyer Comment (2025-04-25): hi please see attached for signed business purpose | 04/28/2025 |  |  | 1 C A |  | FL | Investment | Purchase | D A |  | N/A | No |
| XXX | 85863 | XXX |  | 33894531 |  | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Final Loan Agreement not provided |  | Loan Agreement provided in file is unsigned. Required signed copy. |  |  |  | Reviewer Comment (2025-04-28): Signed Final Loan Agreement provided<br>Buyer Comment (2025-04-24): see attached signed thank you :) | 04/28/2025 |  |  | 1 C A |  | FL | Investment | Purchase | D A |  | N/A | No |
| XXX | 85863 | XXX |  | 33894532 |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Borrower is Foreign national. Form W-9 provided in file with missing ITIN number and unsigned copy. |  |  |  | Reviewer Comment (2025-04-28): Correct Form [redacted] provided<br>Buyer Comment (2025-04-24): [redacted] | 04/28/2025 |  |  | 1 C A D |  | FL | Investment | Purchase | D A |  | N/A | No |
| XXX | 85782 | XXX |  | 33894534 |  | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | Missing for the borrowing entity |  |  |  | Reviewer Comment (2025-04-23): OFAC provided<br>Buyer Comment (2025-04-23): Uploaded OFAC | 04/23/2025 |  |  | 1 C A |  | HI | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXX | 88283 | XXX |  | 34243247 |  | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. |  |  |  |  |  | Reviewer Comment (2025-01-14): Cleared.<br>Buyer Comment (2025-01-10): The loan with [redacted]for the [redacted] property has not received final approval. Mtg statement is not available. I have attached loan approval, 1008, loan information, title that reports taxes, and Hazard/Flood Insurance.<br>Buyer Comment (2025-01-10): loan information<br>Buyer Comment (2025-01-10): 1008<br>Buyer Comment (2025-01-10): title/tax<br>Buyer Comment (2025-01-10): Hazard/Flood<br>Reviewer Comment (2025-01-09): This condition is not asking for the loan approval. We are missing the mortgage statement for the REO on [redacted].<br>Buyer Comment (2025-01-07): see attached approval | 01/14/2025 |  |  | 1 C A |  | FL | Investment | Refinance - Cash-out - Other | C B A | Exempt from ATR | N/A | No |
| XXX | 88283 | XXX |  | 34243249 |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Missing mortgage statement for REO property on [redacted] |  |  |  | Reviewer Comment (2025-01-14): Cleared.<br>Buyer Comment (2025-01-10): see attached documents.<br>Reviewer Comment (2025-01-09): Condition is not asking for the loan approval. REO was disclosed on 1003 and mortgage statement/proof of PITI for this property is required for review.<br>Buyer Comment (2025-01-07): loan has not closed. See approval<br>Buyer Comment (2025-01-07): loan approval | 01/14/2025 |  |  | 1 C A |  | FL | Investment | Refinance - Cash-out - Other | C B A | Exempt from ATR | N/A | No |
| XXX | 88283 | XXX |  | 34243250 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception in file approving the loan closing in a business entity whose sole purpose is not ownership and management of real property. Compensating factors are DTI is [redacted] higher than maximum allowed and FICO is [redacted] points above minimum requirement of [redacted] | The qualifying DTI on the loan is at least [Redacted]% less than the guideline maximum.<br>Borrower has verified disposable income of at least $[Redacted]. | DTI: [redacted]% <br> Guideline Maximum DTI: [redacted]%<br>Documentation Type: [redacted]yr 1099<br> Disposable Income: $[redacted] | SitusAMC<br>SitusAMC | Reviewer Comment (2025-01-03): Lender exception in file approving the loan closing in a business entity whose sole purpose is not ownership and management of real property. Compensating factors are DTI is [redacted]% higher than maximum allowed and FICO is [redacted] points above minimum requirement of [redacted]. |  |  | 01/03/2025 | 2 B |  | FL | Investment | Refinance - Cash-out - Other | C B A | Exempt from ATR | N/A | No |
| XXX | 88283 | XXX |  | 34243251 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception in file approving the loan with cash out amount of [redacted] which exceeds the allowed maximum of [redacted]. Compensating factors are DTI is [redacted] higher than maximum allowed and FICO is [redacted] points above minimum requirement of [redacted]. | The qualifying DTI on the loan is at least [Redacted]% less than the guideline maximum.<br>Borrower has verified disposable income of at least $[Redacted]. | DTI: [redacted]% <br> Guideline Maximum DTI: [redacted]%<br>Documentation Type: [redacted]yr 1099<br> Disposable Income: $[redacted] | SitusAMC<br>SitusAMC | Reviewer Comment (2025-01-03): Lender exception in file approving the loan with cash out amount of [redacted]which exceeds the allowed maximum of $[redacted]. Compensating factors are DTI is [redacted]% higher than maximum allowed and FICO is [redacted]points above minimum requirement of [redacted]. |  |  | 01/03/2025 | 2 B |  | FL | Investment | Refinance - Cash-out - Other | C B A | Exempt from ATR | N/A | No |
| XXX | 88283 | XXX |  | 34243252 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception in file approving the loan closing with a borrower who lives rent free. Compensating factors are DTI is [redacted] higher than maximum allowed and FICO is [redacted] points above minimum requirement of [redacted]. | The qualifying DTI on the loan is at least [Redacted]% less than the guideline maximum.<br>Borrower has verified disposable income of at least $[Redacted]. | DTI: [redacted]% <br> Guideline Maximum DTI: [redacted]%<br>Documentation Type: [redacted]yr 1099<br> Disposable Income: $[redacted] | SitusAMC<br>SitusAMC | Reviewer Comment (2025-01-03): Lender exception in file approving the loan closing with a borrower who lives rent free. Compensating factors are DTI is [redacted]% higher than maximum allowed and FICO is [redacted] points above minimum requirement of [redacted]. |  |  | 01/03/2025 | 2 B |  | FL | Investment | Refinance - Cash-out - Other | C B A | Exempt from ATR | N/A | No |
| XXX | 85150 | XXX |  | 34243254 |  | Compliance | Compliance | Federal Compliance | TRID Defect | [redacted] Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien | [redacted] Final Closing Disclosure [redacted] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page [redacted] | The file is missing the Seller closing disclosure. |  |  |  | Reviewer Comment (2025-02-24): [redacted] received Seller CD.<br>Buyer Comment (2025-02-21): [redacted] Seller/Borrower Combined Alta Statement | 02/24/2025 |  |  | 1 C A |  | SC | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Exempt from ATR | Exempt from ATR | Yes |
| XXX | 85150 | XXX |  | 34243255 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception was approved for borrowers paying [redacted] rent in cash to a private party landlord for the last [redacted] months, as documented with a lease and a VOR for terms [redacted], indicating on-time payments. Copy of check [redacted] for first month's rent ([redacted] and security deposit to total [redacted] cleared account on [redacted]. Thereafter, they have been paying in cash each month. Compensating factors include [redacted] residual income, reserves of over [redacted] months, and the cash withdrawals each month from their bank accounts, around the [redacted] of each month are consistent in their timing and the amount due for rent.<br> Approved with compensating factors per lender exception approval at origination. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.<br>Borrower has verified disposable income of at least $[Redacted]. | Reserves: [redacted]<br> Guideline Requirement: [redacted]<br>Documentation Type: [redacted]mo Bank Statement<br> Disposable Income: $[redacted] | Originator,SitusAMC<br>Originator,SitusAMC | Reviewer Comment (2025-02-26): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-02-25): Hi [redacted] & Hi [redacted]. Thank again for your email response on this loan! Per your request, please find the Title companies wire confirmation of the gift for $[redacted]. Thanks so very much as always for your assistance!<br>Buyer Comment (2025-02-19): Per the exception please "[redacted]" the exception grade to a "[redacted]" based on the following compensating factors: Loan is a full document and the <br> Borrowers have a $[redacted]+ in residual income. Reserves of > [redacted]+ mths piti. Borrowers have good ratios of [redacted]% & [redacted]%. Borrowers have had no foreclosures or Bk's. Thank you.<br>Reviewer Comment (2025-02-18): Lender exception received. Please provide valid compensating factors. |  |  | 02/26/2025 | 2 C B |  | SC | Primary | Purchase | C B A | Exempt from ATR | Exempt from ATR | No |
| XXX | 86249 | XXX |  | 34243289 |  | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation does not support the value used to qualify. Sec ID: [redacted] |  | The secondary value is less than the primary appraisal value. |  |  |  | Reviewer Comment (2025-01-21): Cleared.<br>Buyer Comment (2025-01-16): Field review<br>Reviewer Comment (2025-01-02): This condition is not in relation to the transfer letter. The desk review provided has a value that is [redacted]% lower than the appraised value. A field review, BPO or full secondary appraisal, supporting the original appraised value, is required for securitization purposes.<br>Buyer Comment (2024-12-30): transfer letter<br>Buyer Comment (2024-12-30): appraisal | 01/21/2025 |  |  | 1 C A |  | WA | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 86249 | XXX |  | 34243291 |  | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation supports the value. There is a lower level tertiary product that does not support the qualifying value. [redacted] | Note Date: ___; Lien Position: ___ | The Field Review was entered and recognized but due to the AVM not supporting the value, the exception cannot be cleared. |  |  |  | Reviewer Comment (2025-01-24): Waived down to EV2 at client request.<br>Buyer Comment (2025-01-23): please waive to EV2 |  |  | 01/24/2025 | 2 A B |  | WA | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXX | 86746 | XXX |  | 34243294 |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Total cash-out discrepancy. | HUD-1 total cash-out of ___ is greater than Guideline total cash-out of ___. | Lender Exception request to allow for cash in hand to exceed guideline limit of [redacted]for LTV above [redacted]. Approved with compensating factors per lender exception approval at origination.<br> With Compensating Factors:<br> 1. FICO [redacted]<br> 2. Experienced Investor, has owned rental properties [redacted] years | The representative FICO score exceeds the guideline minimum by at least [redacted] points. | Guidelines Representative FICO: [redacted]<br> Representative FICO: [redacted] | SitusAMC | Reviewer Comment (2025-02-12): Lender Exception request to allow for cash in hand to exceed guideline limit of [redacted]for LTV above [redacted]. Approved with compensating factors per lender exception approval at origination. With Compensating Factors: 1. FICO [redacted]2. Experienced Investor, has owned rental properties [redacted] |  |  | 02/12/2025 | 2 B |  | NJ | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXX | 86173 | XXX |  | 34243296 |  | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. |  | Provide verification of funds used for down payment. Verify if any funds used were from unsecured loans. |  |  |  | Reviewer Comment (2025-03-01): Asset documentation for gift funds received in trailing docs.<br>Buyer Comment (2025-02-28): assets<br>Buyer Comment (2025-02-28): asset letter<br>Buyer Comment (2025-02-28): e-sign cert<br>Buyer Comment (2025-02-28): Gift letter | 03/01/2025 |  |  | 1 C A |  | FL | Investment | Purchase | C A |  | N/A | No |
| XXX | 86173 | XXX |  | 34243297 |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. |  | Unable to determine the source of funds for the [redacted] down payments made starting in [redacted] |  |  |  | Reviewer Comment (2025-03-01): Asset documentation for gift funds received in trailing docs.<br>Buyer Comment (2025-02-28): see attached | 03/01/2025 |  |  | 1 C A |  | FL | Investment | Purchase | C A |  | N/A | No |
| XXX | 86173 | XXX |  | 34243298 |  | Credit | Missing Document | General | Missing Document | Missing Document: Explanation Letter not provided |  | Provide source of funds for the down payments totaling [redacted] |  |  |  | Reviewer Comment (2025-03-01): Asset documentation for gift funds received in trailing docs.<br>Buyer Comment (2025-02-28): see attached | 03/01/2025 |  |  | 1 C A |  | FL | Investment | Purchase | C A |  | N/A | No |
| XXX | 85636 | XXX |  | 34243303 |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  |  |  |  |  | Reviewer Comment (2025-02-24): clear<br>Buyer Comment (2025-02-20): signed page<br>Buyer Comment (2025-02-20): operating agreement | 02/24/2025 |  |  | 1 C A |  | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXX | 85636 | XXX |  | 34243304 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide evidence borrowers primary residence is owned free and clear or that he lives rent free. Additional conditions may apply. |  |  |  | Reviewer Comment (2025-02-24): clear<br>Buyer Comment (2025-02-20): rent free letter | 02/24/2025 |  |  | 1 C A |  | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXX | 85240 | XXX |  | 34243307 |  | Property | Valuation | Valuation Issue | Valuation | The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal |  | The Desk Review or Field Review effective date does not match the Appraisals effective date. CDA effective date is [redacted] and in [redacted] Appraisal it is [redacted] |  |  |  | Reviewer Comment (2025-03-06): clear<br>Buyer Comment (2025-03-05): CDA | 03/06/2025 |  |  | 1 C A |  | PA | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXX | 88369 | XXX |  | 34243311 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Bank statements were provided to verify rent payments for the primary residence. The rent payments for [redacted] and [redacted] were not provided. A full [redacted]month pay history is required. |  |  |  | Reviewer Comment (2025-02-24): clear<br>Buyer Comment (2025-02-20): [redacted] | 02/24/2025 |  |  | 1 C A |  | SC | Investment | Purchase | C A |  | N/A | No |
| XXX | 85033 | XXX |  | 34243313 |  | Credit | Business Purpose | General | Business Purpose | Open Tradeline requirement not met. | - Borrower has ___ Open Tradelines which is less than the minimum required by guidelines. | Lender requested an exception which was approved for insufficient tradelines. Borrower has [redacted] FICO scores. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. | Reserves: [redacted]<br> Guideline Requirement: [redacted] | SitusAMC | Reviewer Comment (2025-02-24): Borrower has[redacted] Open Tradelines which is less than the minimum required by guidelines.<br> Exception Information:<br> Lender requested an exception which was approved for insufficient tradelines. Borrower has [redacted] FICO scores.<br> Approved at origination with lender exception.<br>Buyer Comment (2025-02-20): exception<br>Reviewer Comment (2025-02-19): Approved with compensating factors per lender exception approval at origination.<br> Borrower has [redacted] Open Tradelines which is less than the minimum required by guidelines.<br> Exception Information:<br> Lender requested an exception which was approved for insufficient tradelines. Borrower has [redacted] FICO scores. |  |  | 02/24/2025 | 2 B |  | NY | Investment | Purchase | D B A |  | N/A | No |
| XXX | 85033 | XXX |  | 34243314 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender requested an exception which was approved to exceed the maximum LTV of [redacted] and go to [redacted]on a Purchase. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. | Reserves: [redacted]<br> Guideline Requirement: [redacted] | SitusAMC | Reviewer Comment (2025-02-24): Lender requested an exception which was approved to exceed the maximum LTV of [redacted]% and go to [redacted]% on a Purchase.<br> Approved at origination with lender exception.<br>Buyer Comment (2025-02-20): see attached exception<br>Reviewer Comment (2025-02-19): Lender requested an exception which was approved to exceed the maximum LTV of [redacted]% and go to [redacted]% on a Purchase.<br> Approved with compensating factors per lender exception approval at origination. |  |  | 02/24/2025 | 2 B |  | NY | Investment | Purchase | D B A |  | N/A | No |
| XXX | 85033 | XXX |  | 34243315 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender requested an exception which was approved for a loan amount under [redacted] Approved with compensating factors per lender exception approval at origination. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. | Reserves: [redacted]<br> Guideline Requirement: [redacted] | SitusAMC | Reviewer Comment (2025-02-24): Lender requested an exception which was approved for a loan amount under $[redacted] at $[redacted]. Approved with compensating factors per lender exception approval at origination.<br>Buyer Comment (2025-02-20): see attached exception<br>Reviewer Comment (2025-02-19): Lender requested an exception which was approved for a loan amount under $[redacted] at $[redacted]. Approved with compensating factors per lender exception approval at origination. |  |  | 02/24/2025 | 2 B |  | NY | Investment | Purchase | D B A |  | N/A | No |
| XXX | 85033 | XXX |  | 34243316 |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Co-borrower signed guarantor. All guarantors are required to provide credit application. |  |  |  | Reviewer Comment (2025-02-26): Cleared. Authorized signor verified.<br>Buyer Comment (2025-02-24): email from management<br>Reviewer Comment (2025-02-24): Verify the members and managers. Operating agreement does not stipulate. Verify who has signing authority..<br>Buyer Comment (2025-02-20): Personal Guarantees are required from the authorized signor(s) who are borrowers on the loan along with any individual with [redacted]% or greater ownership in the entity. • The loan application, credit report, income, and assets for the authorized signers who are also borrowers on our loan will be used to determine qualification and pricing. If the operating agreement does not state an authorized signer, then all entity owners must apply as a borrower and complete 1003 as an individual applicant and credit qualify. [redacted] Law does not own [redacted]% of the business and he is not a borrower on this loan. Credit and 1003 is not required. | 02/26/2025 |  |  | 1 C A |  | NY | Investment | Purchase | D B A |  | N/A | No |
| XXX | 85033 | XXX |  | 34243317 |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: Birth Date was not provided |  | Not Provided |  |  |  | Reviewer Comment (2025-02-26): clear<br>Buyer Comment (2025-02-24): see attached email<br>Reviewer Comment (2025-02-24): Verify the members and managers. Operating agreement does not stipulate. Verify who has signing authority..<br>Buyer Comment (2025-02-20): Personal Guarantees are required from the authorized signor(s) who are borrowers on the loan along with any individual with [redacted]% or greater ownership in the entity. • The loan application, credit report, income, and assets for the authorized signers who are also borrowers on our loan will be used to determine qualification and pricing. If the operating agreement does not state an authorized signer, then all entity owners must apply as a borrower and complete 1003 as an individual applicant and credit qualify. [redacted] Law does not own [redacted]% of the business and he is not a borrower on this loan. Credit and 1003 is not required. | 02/26/2025 |  |  | 1 B A |  | NY | Investment | Purchase | D B A |  | N/A | No |
| XXX | 85033 | XXX |  | 34243318 |  | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided |  | Co-borrower signed guaranty agreement. All guarantors are required to provide credit report. |  |  |  | Reviewer Comment (2025-02-26): clear. Manager/auth signor verified.<br>Buyer Comment (2025-02-24): see attached email<br>Reviewer Comment (2025-02-24): Verify the members and managers. Operating agreement does not stipulate.<br>Buyer Comment (2025-02-20): Personal Guarantees are required from the authorized signor(s) who are borrowers on the loan along with any individual with [redacted]% or greater ownership in the entity. • The loan application, credit report, income, and assets for the authorized signers who are also borrowers on our loan will be used to determine qualification and pricing. If the operating agreement does not state an authorized signer, then all entity owners must apply as a borrower and complete 1003 as an individual applicant and credit qualify. [redacted] Law does not own [redacted]% of the business and he is not a borrower on this loan. Credit and 1003 is not required. | 02/26/2025 |  |  | 1 D A |  | NY | Investment | Purchase | D B A |  | N/A | No |
| XXX | 85033 | XXX |  | 34243319 |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Fraud Report required and was not provided. |  |  |  | Reviewer Comment (2025-02-26): Clear<br>Buyer Comment (2025-02-24): see attached email<br>Reviewer Comment (2025-02-24): Verify the members and managers. Operating agreement does not stipulate. Verify who has signing authority..<br>Reviewer Comment (2025-02-24): Cleared in error. Will resolve once managers and member's are specified.<br>Reviewer Comment (2025-02-24): clear<br>Buyer Comment (2025-02-20): Fraud | 02/26/2025 |  |  | 1 C A |  | NY | Investment | Purchase | D B A |  | N/A | No |
| XXX | 85494 | XXX |  | 34259770 |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | [redacted]Final is missing in file. |  |  |  | Reviewer Comment (2025-02-25): Not required on DSCR loan. Exception cleared.<br>Buyer Comment (2025-02-24): loan application | 02/25/2025 |  |  | 1 C A |  | NJ | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXX | 86690 | XXX |  | 34259778 |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  | The Corporate resolution signed by all members was not located in the file. |  |  |  | Reviewer Comment (2025-06-05): Received borrowing authority document. Condition cleared.<br>Reviewer Comment (2025-06-04): Corporate Resolution is not received in trailing document. Exception Remains.<br>Seller Comment (2025-06-04): please review<br>Reviewer Comment (2025-05-29): Provided is not corporate resolution. Exception remains. | 06/05/2025 |  |  | 1 C A |  | GA | Investment | Purchase | C A |  | N/A | No |
| XXX | 88136 | XXX |  | 34259781 |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  |  |  |  |  | Reviewer Comment (2025-05-29): xx has informed that they do not collect 1003s as the applications are done on the portal. Exception Cleared.<br>Seller Comment (2025-05-28): we do not collect 1003s | 05/29/2025 |  |  | 1 C A |  | TX | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| XXX | 85324 | XXX |  | 34259785 |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  | The Articles of Organization is not located in the file. |  |  |  | Reviewer Comment (2025-06-25): Received Articles of Organization/Formation for business entity. Exception cleared.<br>Buyer Comment (2025-06-24): see attached | 06/25/2025 |  |  | 1 C A |  | GA | Investment | Purchase | C A |  | N/A | No |
| XXX | 86547 | XXX |  | 34259788 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Unable to determine if sections listed on note as reserved is missing addendums or riders. Provide lender attestation these reserved sections do not refer to additional documentation/addendums/riders to note which borrower may be obligated/accounted for |  |  |  | Reviewer Comment (2025-06-30): Received clarification/approval/documentation from lender. Condition cleared.<br>Seller Comment (2025-06-26): the reserved sections do not refer to additional documentations or addendums/riders to note which borrower may be obligated/accounted for | 06/30/2025 |  |  | 1 C A |  | FL | Investment | Purchase | C A |  | N/A | No |
| XXX | 88755 | XXX |  | 34259790 |  | Credit | Credit | Credit Documentation | Credit | There is no lease in place for the subject property and the absence of this document casts doubt on business purpose of loan. |  |  |  |  |  |  | 07/24/2025 |  |  | 1 C A |  | FL | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| XXX | 88538 | XXX |  | 34259795 |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within [redacted] ([redacted]) business days of application or determination of first lien status. | Initial Right to Receive a Copy appraisal disclosure was not provided within [redacted] days of application date. |  |  |  | Reviewer Comment (2025-04-23): Initial Application date updated correctly. Exception cleared.<br>Seller Comment (2025-04-22): Application date was[redacted] ([redacted]) per the Disclosure Tracking Summary and initial 1003 provided. Notice of Right To Receive Copy of Written Appraisal/Valuation was signed by the borrower on [redacted]([redacted]). Disclosure within[redacted]days of application has been met.<br>Reviewer Comment (2025-04-18): Require Initial Right to Receive a Copy appraisal disclosure within [redacted] business days of application date. Exception Remains.<br>Buyer Comment (2025-04-17): Notice of Right to Receipt a Copy of Appraisal signed by the borrower on[redacted] was included with the initial shipping package and has been re-uploaded for review. | 04/23/2025 |  |  | 1 B A |  | TX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXX | 88855 | XXX |  | 34259798 |  | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML [redacted]Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Mortgage Loan. | APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2025-05-01): Received closing statement. Condition cleared. | 05/01/2025 |  |  | 1 C A |  | TX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXX | 88855 | XXX |  | 34259801 |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant [redacted]([redacted]) business days prior to consummation. | Verification appraisal was delivered to borrower [redacted] business days prior to closing was not provided. |  |  |  | Reviewer Comment (2025-05-13): Received appraisal notice for the evidence of appraisal delivery. Exception cleared.<br>Buyer Comment (2025-05-12): Proof of the receipt of the [redacted] appraisal uploaded for review. Received[redacted], the loan did not close/consummate until [redacted] the 3 business day ECOA and HPML requirements were met. | 05/13/2025 |  |  | 1 B A |  | TX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXX | 88855 | XXX |  | 34259802 |  | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule ([redacted]): Creditor did not provide a copy of revised valuation to applicant [redacted]([redacted]) business days prior to consummation. | Verification appraisal was delivered to borrower [redacted] business days prior to closing was not provided. |  |  |  | Reviewer Comment (2025-05-13): Received appraisal notice for the evidence of appraisal delivery. Exception cleared.<br>Buyer Comment (2025-05-12): Proof of the receipt of the [redacted] appraisal uploaded for review. Received [redacted], the loan did not close/consummate until[redacted], the [redacted] business day ECOA and HPML requirements were met. | 05/13/2025 |  |  | 1 B A |  | TX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXX | 88855 | XXX |  | 34259804 |  | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Flipped Property - Did Not Obtain 2 Appraisals) | TILA HPML Appraisal Rule [redacted]): Flipped Property - Creditor did not obtain [redacted] written appraisals. |  |  |  |  | Reviewer Comment (2025-05-01): Received closing statement. Condition cleared.<br>Buyer Comment (2025-04-29): The prior closing statement for the purchase to Open Door has been uploaded for review. The property was purchased for [redacted]and just sold for $[redacted]which does not constitute a flip, a second appraisal report would not be required. | 05/01/2025 |  |  | 1 C A |  | TX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXX | 88855 | XXX |  | 34259805 |  | Credit | Guideline | Guideline Issue | Guideline | Due diligence review based on non-origination guidelines (i.e. aggregator, seller). |  | Deal settings indicate origination guidelines are not available for this review. |  |  |  | Reviewer Comment (2025-04-21): Reviewed to originator guides.<br>Seller Comment (2025-04-21): The loan was underwritten to [redacted] approved guidelines, please advise as to what else is needed. | 04/21/2025 |  |  | 1 B A |  | TX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXX | 88855 | XXX |  | 34259806 |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. |  | Calculated Available for Reserves of [redacted] is less than Guideline Available for Reserves of [redacted] months. |  |  |  | Reviewer Comment (2025-04-30): Recent bank statement received and verified. Exception cleared<br>Buyer Comment (2025-04-29): Attached is the[redacted] [redacted]transaction history balance of $[redacted]which includes the $[redacted] gift. In addition to the [redacted] [redacted] balance of $[redacted] + [redacted] balance of $[redacted] = $[redacted] verified assets less $[redacted] funds to close = $[redacted] remaining assets/[redacted] PITIA = [redacted] months reserves. It should be noted that the $[redacted] EMD cleared the [redacted] [redacted] account on [redacted] via wire. | 04/30/2025 |  |  | 1 C A |  | TX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXX | 88855 | XXX |  | 34259807 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay ([redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. Minimum reserved required not met This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (2025-04-30): Recent bank statement received and verified. Exception Cleared<br>Seller Comment (2025-04-29): [redacted] [redacted] transaction history balance of $[redacted] which includes the $[redacted] gift uploaded to trailing docs for review. In addition to the [redacted] [redacted] balance of $[redacted] + [redacted] balance of $[redacted] = $[redacted] verified assets less $[redacted] funds to close = $[redacted] remaining assets/$[redacted] PITIA = [redacted] months reserves. It should be noted that the $[redacted] EMD cleared the [redacted] [redacted] account on [redacted] via wire. | 04/30/2025 |  |  | 1 B A C |  | TX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXX | 88855 | XXX |  | 34259808 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay ([redacted]): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Loan designation failure due to ATR failure. Minimum reserved required not met This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (2025-04-30): Recent bank statement received and verified. Exception Cleared<br>Seller Comment (2025-04-29): [redacted] [redacted] transaction history balance of $[redacted] which includes the $[redacted] gift uploaded to trailing docs for review. In addition to the [redacted] [redacted] balance of $[redacted] + [redacted] balance of $[redacted] = $[redacted] verified assets less $[redacted] funds to close = $[redacted] remaining assets/$[redacted] PITIA = [redacted] months reserves. It should be noted that the $[redacted] EMD cleared the [redacted] [redacted]account on [redacted] via wire. | 04/30/2025 |  |  | 1 C A |  | TX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXX | 85770 | XXX |  | 34259811 |  | Credit | Guideline | Guideline Issue | Guideline | Due diligence review based on non-origination guidelines (i.e. aggregator, seller). |  |  |  |  |  | Reviewer Comment (2025-04-22): Originator guides used.<br>Seller Comment (2025-04-22): what is needed here? | 04/22/2025 |  |  | 1 B A |  | AZ | Primary | Purchase | C A B | Non QM | Non QM | No |
| XXX | 85770 | XXX |  | 34259812 |  | Compliance | Compliance | Federal Compliance | TILA | ARM Disclosure Status Test | TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower. |  |  |  |  | Reviewer Comment (2025-04-29): ARM disclosure received & associated. As per Disclosure summary the disclosure provided to the borrower on [redacted]. Exception cleared. | 04/29/2025 |  |  | 1 C A |  | AZ | Primary | Purchase | No Defined Cure A B | Non QM | Non QM | No |
| XXX | 85770 | XXX |  | 34259814 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $[redacted]exceeds tolerance of $[redacted]. Insufficient or no cure was provided to the borrower. | Appraisal Fee was last disclosed as $[redacted]but disclosed as $[redacted]on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $[redacted], a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. |  |  |  | Reviewer Comment (2025-05-12): [redacted] received valid COC dated[redacted]<br>Reviewer Comment (2025-05-07): [redacted] re-reviewed lender attestation on CD issue date & supporting documentation which is acceptable to update to the [redacted] issue date. However, the changed circumstance provided does not give sufficient information for why the additional $[redacted] Appraisal Fee was added. Reason only stated services added. Please provide additional documentation and information to support a valid changed circumstance reason and supporting lender's knowledge of the event.<br>Buyer Comment (2025-05-06): Please see attached LOE with the reason for the added Appraisal Charge.<br>Reviewer Comment (2025-05-02): [redacted] re-reviewed lender attestation on CD issue date & supporting documentation which is acceptable to update to the [redacted] issue date. However, the changed circumstance provided does not give sufficient information for why the additional $[redacted] Appraisal Fee was added. Reason only stated services added. Please provide additional documentation and information to support a valid changed circumstance reason and supporting lender's knowledge of the event.<br>Reviewer Comment (2025-05-02): [redacted] received LOA and disclosures tracking summary. However, for the [redacted] diligence review, we will need documentation to support and include in the file pursuant to the requirements of TILA 130 C. Accordingly, an LOE attestation, providing more detail than the current LOA , regarding the clerical/bona fide error that occurred with an explanation of how it occurred notwithstanding the maintenance of procedures reasonably adapted to avoid any such error. 130 (c)UNINTENTIONAL VIOLATIONS; BONA FIDE ERRORS A creditor or assignee may not be held liable in any action brought under this section or section [redacted] of this title for a violation of this subchapter if the creditor or assignee shows by a preponderance of evidence that the violation was not intentional and resulted from a bona fide error notwithstanding the maintenance of procedures reasonably adapted to avoid any such error. Examples of a bona fide error include, but are not limited to, clerical, calculation, computer malfunction and programing, and printing errors, except that an error of legal judgment with respect to a person's obligations under this subchapter is not a bona fide error.<br>Reviewer Comment (2025-04-30): [redacted] received rebuttal comment that CD was sent on [redacted] however, the COC is dated [redacted] which is again after CD issue date. A CD within [redacted] business days from the date of change or cure is required. If there is any discrepancy in CD issue date a Bonafide LOE along with the documents to show the actual date of CD sent like LOS snips, disclosures tracking etc. is required. [redacted] can then re-review the exception.<br>Seller Comment (2025-04-29): this was a mistake made by closing - will a LOE clear that?<br>Seller Comment (2025-04-28): the cd that is attached is what was sent on [redacted] i am not sure why it was dated [redacted]. please advise<br>Reviewer Comment (2025-04-28): [redacted] received LOX for rebuttal response lieu of CCO dated [redacted] but there is no CD dated within that time frame. Also, provided LOX does not give sufficient information on why the additional service was required. In order to determine if the changed circumstance is valid more information is necessary on reason for the additional fee added and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Seller Comment (2025-04-24): I sent the COC that we sent with this. Please advise<br>Reviewer Comment (2025-04-23): [redacted] Appraisal fee increased on CD dated [redacted] without valid COC. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. | 05/12/2025 |  |  | 1 C A |  | AZ | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A B | Non QM | Non QM | Yes |
| XXX | 85770 | XXX |  | 34259815 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within[redacted] business days of application. Initial Loan Estimate dated[redacted]was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. | Evidence of earlier borrower receipt was not found in file. |  |  |  | Reviewer Comment (2025-04-23): [redacted] Received Earliest E-Consent. | 04/23/2025 |  |  | 1 C A |  | AZ | Primary | Purchase | C A B | Non QM | Non QM | No |
| XXX | 85770 | XXX |  | 34259816 |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule ([redacted]: Creditor did not provide a copy of each valuation to applicant [redacted] business days prior to consummation. | Verification appraisal was delivered to borrower [redacted]business days prior to closing was not provided. |  |  |  | Reviewer Comment (2025-04-24): Received required documentation. Condition cleared. | 04/24/2025 |  |  | 1 B A |  | AZ | Primary | Purchase | C A B | Non QM | Non QM | No |
| XXX | 87827 | XXX |  | 34259819 |  | Credit | Guideline | Guideline Issue | Guideline | Due diligence review based on non-origination guidelines (i.e. aggregator, seller). |  | Origination guidelines were utilized at origination. |  |  |  | Reviewer Comment (2025-05-08): Originator guides used.<br>Seller Comment (2025-05-07): The originator used the correct guidelines. The condition is being reviewed to be cleared by [redacted]<br>Buyer Comment (2025-05-07): originator used the correct guidelines | 05/08/2025 |  |  | 1 B A |  | OR | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXX | 87827 | XXX |  | 34259820 |  | Compliance | Compliance | Federal Compliance | FACTA | FACTA Disclosure Missing | FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure. | FACTA disclosure not provided. |  |  |  | Reviewer Comment (2025-05-12): Client elects to waive.<br>Buyer Comment (2025-05-09): Please waive per attached confirmation |  |  | 05/12/2025 | 2 B |  | OR | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXX | 87827 | XXX |  | 34259824 |  | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. |  |  |  |  |  | Reviewer Comment (2025-05-09): E-consent received.<br>Buyer Comment (2025-05-07): Econsent<br>Buyer Comment (2025-05-07): Cert of completion | 05/09/2025 |  |  | 1 C A |  | OR | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXX | 87103 | XXX |  | 34259826 |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | As per guideline, [redacted]months bank statement is required but borrower provided [redacted]months ([redacted]and [redacted]) bank statement only. Borrower to provide remaining [redacted]months ([redacted]to [redacted]) bank statement as per income worksheet. Note: Once document received need to verify DTI calculation |  |  |  | Reviewer Comment (2025-05-16): Remaining [redacted]-month bank statement received and verified. Exception cleared<br>Buyer Comment (2025-05-15): [redacted] mo bank statement attached | 05/16/2025 |  |  | 1 C A |  | AZ | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXX | 87103 | XXX |  | 34259828 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay ([redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | ATR risk due to income documents is missing in file. |  |  |  | Reviewer Comment (2025-05-16): Remaining [redacted]-month bank statement received and verified. Exception cleared | 05/16/2025 |  |  | 1 B A C |  | AZ | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXX | 87103 | XXX |  | 34259830 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay ([redacted]: There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | As per guideline, [redacted] months bank statement is required however borrower only [redacted]months ([redacted]and [redacted]) bank statement are located in the file. Borrower to provide remaining [redacted]months ([redacted]to [redacted]) bank statement as per income worksheet. Note: DTI will be calculated upon receipt of complete income documents. |  |  |  | Reviewer Comment (2025-05-16): Remaining [redacted]-month bank statement received and verified. Exception cleared | 05/16/2025 |  |  | 1 C A |  | AZ | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXX | 87103 | XXX |  | 34259831 |  | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $[redacted]exceeds tolerance of $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. | [redacted] Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $[redacted]exceeds tolerance of $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  | Reviewer Comment (2025-05-13): Sufficient Cure Provided At Closing |  | 05/13/2025 |  | 1 A |  | AZ | Primary | Refinance - Rate/Term | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXX | 87103 | XXX |  | 34259832 |  | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided |  | As per guideline, [redacted]months bank statement is required however borrower only [redacted]months ([redacted]and [redacted]) bank statement are located in the file. Borrower to provide remaining [redacted]months ([redacted]to [redacted]) bank statement as per income worksheet. Note: DTI will be calculated upon receipt of complete income documents. |  |  |  | Reviewer Comment (2025-05-16): Remaining [redacted]-month bank statement received and verified. Exception cleared | 05/16/2025 |  |  | 1 C A |  | AZ | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXX | 87103 | XXX |  | 34259833 |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | As per guideline, [redacted]months bank statement is required however borrower only [redacted]months ([redacted]and [redacted]) bank statement are located in the file. Borrower to provide remaining[redacted] months ([redacted]to [redacted]) bank statement as per income worksheet. Note: DTI will be calculated upon receipt of complete income documents. |  |  |  | Reviewer Comment (2025-05-16): Remaining [redacted]-month bank statement received and verified. Exception cleared | 05/16/2025 |  |  | 1 C A |  | AZ | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXX | 87103 | XXX |  | 34259834 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay ([redacted]): Based on the loan failing one or more guideline components, the loan is at ATR risk. | As per guideline, [redacted]months bank statement is required however borrower only [redacted]months ([redacted]and [redacted]) bank statement are located in the file. Borrower to provide remaining [redacted] months ([redacted]to [redacted]) bank statement as per income worksheet. Note: DTI will be calculated upon receipt of complete income documents. |  |  |  | Reviewer Comment (2025-05-16): Remaining [redacted]-month bank statement received and verified. Exception cleared | 05/16/2025 |  |  | 1 C A |  | AZ | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXX | 87103 | XXX |  | 34259835 |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule [redacted]: Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. |  |  |  |  | Reviewer Comment (2025-05-16): Recipt of appraisal provided.<br>Buyer Comment (2025-05-15): See attached for ECOA<br>Buyer Comment (2025-05-15): [redacted] mo bank statement attached | 05/16/2025 |  |  | 1 B A |  | AZ | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXX | 87103 | XXX |  | 34259837 |  | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided |  | ITIN card or letter from the IRS is not located in the file. |  |  |  | Reviewer Comment (2025-05-16): [redacted] Document received and verified. Exception cleared<br>Buyer Comment (2025-05-15): letter from the IRS attached | 05/16/2025 |  |  | 1 C A |  | AZ | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXX | 87103 | XXX |  | 34259838 |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule [redacted]): Creditor did not provide a copy of each valuation to applicant [redacted] business days prior to consummation. | Appraisal receipt states borrower received on or before closing. Using the closing date the borrower did not receive the appraisal ([redacted]) business days prior to consummation. |  |  |  | Reviewer Comment (2025-05-20): Borrower waived the [redacted] days waiting requirement on [redacted]. Exception cleared. | 05/20/2025 |  |  | 1 A |  | AZ | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXX | 87103 | XXX |  | 34259839 |  | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule [redacted]): Creditor did not provide a copy of revised valuation to applicant [redacted]([redacted]) business days prior to consummation. | Appraisal receipt states borrower received on or before closing. Using the closing date the borrower did not receive the appraisal ([redacted]) business days prior to consummation. |  |  |  | Reviewer Comment (2025-05-20): Client elects to waive.<br>Seller Comment (2025-05-20): [redacted] to waive the condition.<br>Reviewer Comment (2025-05-20): Appraisal not provided ([redacted]) business days prior to consummation.<br>Reviewer Comment (2025-05-20): Borrower waived the [redacted] days waiting requirement for ECOA, but applicant cannot waive the same under the HPML Appraisal Rule. Exception remains. |  |  | 05/20/2025 | 2 B |  | AZ | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXX | 87499 | XXX |  | 34259841 |  | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided |  |  |  |  |  | Reviewer Comment (2025-05-19): Credit report received, Exception Cleared.<br>Buyer Comment (2025-05-16): Credit report uploaded for review. | 05/19/2025 |  |  | 1 D A |  | IL | Primary | Purchase | D A C | Non QM | Non QM | No |
| XXX | 87499 | XXX |  | 34259842 |  | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. |  | Credit report is missing in file. |  |  |  | Reviewer Comment (2025-05-19): Credit report received, Exception Cleared.<br>Seller Comment (2025-05-16): Credit report has been uploaded to trailing docs for review. This is a No Score loan, the [redacted] utilized is for pricing per guidelines. | 05/19/2025 |  |  | 1 C A |  | IL | Primary | Purchase | D A C | Non QM | Non QM | No |
| XXX | 87499 | XXX |  | 34259845 |  | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay ([redacted]): General Ability-to-Repay requirements not satisfied. | The credit report is missing from the file, which has resulted in the loan's Ability-to-Repay (ATR) validation failure |  |  |  | Reviewer Comment (2025-05-19): Credit report received, Exception Cleared. | 05/19/2025 |  |  | 1 A |  | IL | Primary | Purchase | D A C | Non QM | Non QM | No |
| XXX | 87499 | XXX |  | 34259847 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | All documentation in file must support the borrower's ITIN number and cannot reference a social security number belonging to another individual. Underwriter notes on 1008 states additional social security numbers on credit report. |  |  |  | Reviewer Comment (2025-05-20): Received required documentation. Condition cleared.<br>Seller Comment (2025-05-16): Credit report has been uploaded to trailing docs for review. | 05/20/2025 |  |  | 1 C A |  | IL | Primary | Purchase | D A C | Non QM | Non QM | No |
| XXX | 87499 | XXX |  | 34259848 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay [redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan designation failure due to ATR failure. Unable to reasonably verify borrower debt obligations due to missing credit report. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (2025-05-19): Credit report received, Exception Cleared.<br>Seller Comment (2025-05-16): Credit report has been uploaded to trailing docs for review. | 05/19/2025 |  |  | 1 B A C |  | IL | Primary | Purchase | Lender to provide updated ATR/QM status D C | Non QM | Non QM | Yes |
| XXX | 87499 | XXX |  | 34259849 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Credit History | Ability to Repay ([redacted]): Unable to verify debt obligations using reasonably reliable third-party records. | Loan designation failure due to ATR failure. Unable to reasonably verify borrower debt obligations due to missing credit report. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (2025-05-19): Credit report received, Exception Cleared.<br>Seller Comment (2025-05-16): Credit report has been uploaded to trailing docs for review. | 05/19/2025 |  |  | 1 C A |  | IL | Primary | Purchase | D A C | Non QM | Non QM | No |
| XXX | 87878 | XXX |  | 34259856 |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule [redacted]: Creditor did not provide a copy of each valuation to applicant [redacted] business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant [redacted] business days prior to consummation. |  |  |  | Reviewer Comment (2025-06-13): Appraisal receipt provided. | 06/13/2025 |  |  | 1 B A |  | CA | Primary | Purchase | B A | Non QM | Non QM | No |
| XXX | 87878 | XXX |  | 34259857 |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule ([redacted]: Creditor did not provide a copy of each valuation to applicant [redacted] business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant [redacted] business days prior to consummation |  |  |  | Reviewer Comment (2025-06-13): Appraisal receipt provided. | 06/13/2025 |  |  | 1 B A |  | CA | Primary | Purchase | B A | Non QM | Non QM | No |
| XXX | 87878 | XXX |  | 34259858 |  | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: [redacted]Fee Tolerance exceeded. Total amount of $[redacted]exceeds tolerance of $[redacted]plus [redacted]% or $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Ten Percent Fee Tolerance exceeded. Total amount of $[redacted]exceeds tolerance of $[redacted]plus [redacted]% or $[redacted]. Sufficient or excess cure was provided to the borrower at Closing |  |  |  | Reviewer Comment (2025-06-11): Sufficient Cure Provided At Closing |  | 06/11/2025 |  | 1 A |  | CA | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXX | 87878 | XXX |  | 34259860 |  | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  | Final title is not provided title policy amount on [redacted]and [redacted]state. |  |  |  | Reviewer Comment (2025-06-13): Supplemental report provided.<br>Buyer Comment (2025-06-12): see attached | 06/13/2025 |  |  | 1 B A |  | CA | Primary | Purchase | B A | Non QM | Non QM | No |
| XXX | 89095 | XXX |  | 34259862 |  | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  |  | Reviewer Comment (2025-06-13): Cleared. Received 1008 | 06/13/2025 |  |  | 1 C A |  | WA | Primary | Purchase | D B C A | Non QM | Non QM | No |
| XXX | 89095 | XXX |  | 34259863 |  | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. |  |  |  |  | Reviewer Comment (2025-07-04): Rate lock agreement received and updated. Exception Cleared. | 07/04/2025 |  |  | 1 B A |  | WA | Primary | Purchase | D B C A | Non QM | Non QM | No |
| XXX | 89095 | XXX |  | 34259864 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:[redacted]Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $[redacted] exceeds tolerance of $-[redacted]. Insufficient or no cure was provided to the borrower. | Lender Credit was disclosed on initial Loan estimate as $-[redacted] but disclosed on final Closing Disclosure $[redacted]. File does not contain a valid COC for this fee, nor evidence of cure is provided in file. |  |  |  | Reviewer Comment (2025-06-12): [redacted] Received Revised LE along with COC. | 06/12/2025 |  |  | 1 C A |  | WA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXX | 89095 | XXX |  | 34259866 |  | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Documentation to verify Housing History [redacted] is not located in the file. | The representative FICO score exceeds the guideline minimum by at least [redacted] points.<br>Borrower has verified disposable income of at least $[Redacted].<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted].<br>The qualifying DTI on the loan is at least [redacted] less than the guideline maximum. | Guidelines Representative FICO: [redacted]<br> Representative FICO: [redacted] | SitusAMC,Aggregator<br>SitusAMC<br>SitusAMC<br>SitusAMC<br>SitusAMC | Reviewer Comment (2025-08-12): Client elects to waive with comp factors.<br>Buyer Comment (2025-08-12): Please see attached. Exception has been approved. |  |  | 08/12/2025 | 2 C B |  | WA | Primary | Purchase | D B C A | Non QM | Non QM | No |
| XXX | 89095 | XXX |  | 34259867 |  | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided |  | The credit report provided dated [redacted] reflects [redacted]applicants however the subject loan has only one borrower. |  |  |  | Reviewer Comment (2025-07-07): Received required documentation. Condition cleared. | 07/07/2025 |  |  | 1 D A |  | WA | Primary | Purchase | D B C A | Non QM | Non QM | No |
| XXX | 85660 | XXX |  | 34259870 |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant [redacted] business days prior to consummation. | No evidence in file showing borrower received copy of appraisal. |  |  |  | Reviewer Comment (2025-06-19): Received appraisal notice for the evidence of appraisal delivery. Exception cleared.<br>Buyer Comment (2025-06-18): Re-submitted proof of delivery for the [redacted] appraisal to for review, which was included in the initial shipping package. | 06/19/2025 |  |  | 1 B A |  | FL | Primary | Refinance - Rate/Term | C A | Non QM | Non QM | No |
| XXX | 85660 | XXX |  | 34259871 |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant [redacted] business days prior to consummation. | No evidence in file showing borrower received copy of appraisal. |  |  |  | Reviewer Comment (2025-06-19): Received appraisal notice for the evidence of appraisal delivery. Exception cleared.<br>Buyer Comment (2025-06-18): Re-submitted proof of delivery for the [redacted] appraisal to for review, which was included in the initial shipping package. | 06/19/2025 |  |  | 1 B A |  | FL | Primary | Refinance - Rate/Term | C A | Non QM | Non QM | No |
| XXX | 85660 | XXX |  | 34259872 |  | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML [redacted] Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Mortgage Loan. | APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2025-06-19): Received appraisal notice for the evidence of appraisal delivery. Exception cleared.<br>Seller Comment (2025-06-18): Re-submitted proof of delivery for the [redacted] and [redacted] appraisals for review, which were included in the initial shipping package. | 06/19/2025 |  |  | 1 C A |  | FL | Primary | Refinance - Rate/Term | C A | Non QM | Non QM | No |
| XXX | 85660 | XXX |  | 34259873 |  | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant [redacted] business days prior to consummation. | No evidence in file showing borrower received copy of appraisal. |  |  |  | Reviewer Comment (2025-06-19): Received appraisal notice for the evidence of appraisal delivery. Exception cleared.<br>Seller Comment (2025-06-18): Re-submitted proof of delivery for the [redacted] appraisal to for review, which was included in the initial shipping package. | 06/19/2025 |  |  | 1 C A |  | FL | Primary | Refinance - Rate/Term | C A | Non QM | Non QM | No |
| XXX | 85660 | XXX |  | 34259874 |  | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant [redacted] business days prior to consummation. | No evidence in file showing borrower received copy of appraisal. |  |  |  | Reviewer Comment (2025-06-19): Received appraisal notice for the evidence of appraisal delivery. Exception cleared.<br>Seller Comment (2025-06-18): Re-submitted proof of delivery for the [redacted] appraisal to for review, which was included in the initial shipping package. | 06/19/2025 |  |  | 1 B A |  | FL | Primary | Refinance - Rate/Term | C A | Non QM | Non QM | No |
| XXX | 88707 | XXX |  | 34259885 |  | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted]or [redacted]and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  |  |  |  |  | Reviewer Comment (2025-07-21): Title Supplemental received.<br>Buyer Comment (2025-07-18): title supplement shows insured amount | 07/21/2025 |  |  | 1 B A |  | CA | Primary | Purchase | C A B | Non QM | Non QM | No |
| XXX | 88707 | XXX |  | 34259886 |  | Credit | Property - Appraisal | Appraisal Data Integrity | Property - Appraisal | Valuation Error: Appraiser did not complete analysis of the subject's prior sale and transfer history. |  |  |  |  |  | Reviewer Comment (2025-07-21): data entry corrected.<br>Seller Comment (2025-07-18): title supplement shows insured amount | 07/21/2025 |  |  | 1 C A |  | CA | Primary | Purchase | C A B | Non QM | Non QM | No |
| XXX | 88707 | XXX |  | 34259887 |  | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. |  |  |  |  |  | Reviewer Comment (2025-07-21): [redacted] received.<br>Buyer Comment (2025-07-18): Econsent and cert of completion | 07/21/2025 |  |  | 1 C A |  | CA | Primary | Purchase | C A B | Non QM | Non QM | No |
| XXX | 88707 | XXX |  | 34259888 |  | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant [redacted] business days prior to consummation. |  |  |  |  | Reviewer Comment (2025-07-21): Appraisal was sent on [redacted] and borrower waived the [redacted] day waiting requirement on [redacted].<br>Buyer Comment (2025-07-18): ECOA shows appraisal sent to borrower [redacted] days prior to cosummation | 07/21/2025 |  |  | 1 B A |  | CA | Primary | Purchase | C A B | Non QM | Non QM | No |
| XXX | 87935 | XXX |  | 34259898 |  | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided |  |  |  |  |  | Reviewer Comment (2025-07-23): Cleared. Received required documentation.<br>Seller Comment (2025-07-21): Visa is not required with borrower providing both an unexpired driver's license and an ITIN letter from the IRS to satisfy residency requirements per section 4.1 of guidelines. | 07/23/2025 |  |  | 1 C A |  | CA | Primary | Purchase | C A | Non QM | Non QM | No |
| XXX | 87591 | XXX |  | 34317100 |  | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  | Corporate Resolution document is missing. |  |  |  | Reviewer Comment (2025-02-28): As per the provided operating agreement, it denotes the guarantor is sole member and holding [redacted] % ownership interest in the business. Associated the same to corporate resolution. Exception Cleared.<br>Buyer Comment (2025-02-27): Per [redacted] guidelines a Corporate Resolution is not required. The operating agreement was provided in the initial shipping package Doc ID [redacted], pages [redacted] and [redacted] denote the borrower [redacted] is the Sole Member with [redacted] % ownership. | 02/28/2025 |  |  | 1 C A |  | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXX | 84927 | XXX |  | 34317122 |  | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. |  | File does not contain documentation from lender/seller confirming the condo is warrantable. |  |  |  | Reviewer Comment (2025-03-03): Cleared. Form 1076 provided for lender review for non-warrantable project.<br>Buyer Comment (2025-02-26): Per the guidelines section [redacted] WARRANTABLE CONDO "Condo projects must be [redacted] % complete and HOA turned over. No Ineligible Projects characteristics as defined by [redacted], including projects in need of critical repair", per the Condo Project Questionnaire provided in the initial shipping package Doc ID [redacted] starting on page [redacted], the project is [redacted]% complete, the HOA was turned over to the unit owners [redacted] and there are no critical repairs noted on this form or per the appraisal report. | 03/03/2025 |  |  | 1 C A |  | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXX | 86797 | XXX |  | 34317131 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception request to allow contract that reflects $[redacted]IPCs which exceeds maximum [redacted]% is approved. | Borrower has been employed in the same industry for more than [Redacted]years.<br>Borrower has verified disposable income of at least [redacted]<br>The qualifying DTI on the loan is at least [redacted] less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least [redacted] points. | Guidelines Representative FICO: [redacted]<br> Representative FICO: [redacted] | SitusAMC<br>SitusAMC<br>SitusAMC<br>Aggregator,SitusAMC | Reviewer Comment (2025-04-09): Client elected to waive exceptions with compensating factors. |  |  | 04/09/2025 | 2 B |  | AZ | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXX | 86797 | XXX |  | 34317133 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $[redacted]exceeds tolerance of $-[redacted]. Insufficient or no cure was provided to the borrower. | Lender Credits was last disclosed as $-[redacted]but disclosed as $[redacted]on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. |  |  |  | Reviewer Comment (2025-04-11): [redacted] received valid COC dated [redacted]<br>Buyer Comment (2025-04-09): COC was included in the initial shipping package and is in your portal under doc ID [redacted]. | 04/11/2025 |  |  | 1 C A |  | AZ | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXX | 86797 | XXX |  | 34317134 |  | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML [redacted]Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Mortgage Loan. | APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2025-04-10): Appraisal delivery confirmation was provided, exception Cleared.<br>Buyer Comment (2025-04-09): Proof of Delivery was included in the initial shipping package and is located in your portal under doc ID [redacted]. | 04/10/2025 |  |  | 1 C A |  | AZ | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXX | 86797 | XXX |  | 34317135 |  | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank [redacted]): Creditor did not provide a copy of each valuation to applicant [redacted] ([redacted]) business days prior to consummation. | Verification appraisal was delivered to borrower [redacted] business days prior to closing was not provided. |  |  |  | Reviewer Comment (2025-04-10): Appraisal delivery confirmation was provided, exception Cleared.<br>Buyer Comment (2025-04-09): Proof of Delivery was included in the initial shipping package and is located in your portal under doc ID [redacted]. | 04/10/2025 |  |  | 1 C A |  | AZ | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXX | 85745 | XXX |  | 34317144 |  | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Insurance coverage is insufficient by $[redacted], there was no evidence of extended coverage or insurer's estimate of replacement cost provided. |  |  |  | Reviewer Comment (2025-03-26): Hazard insurance policy amount covers the Loan amount, so replacement cost not required. Exception cleared.<br>Buyer Comment (2025-03-25): Hazard policy for the subject under doc ID [redacted] has dwelling coverage of $[redacted] which is more than sufficient to cover the $[redacted] loan amount. | 03/26/2025 |  |  | 1 C A |  | TX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXX | 86412 | XXX |  | 34317151 |  | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $[redacted]exceeds tolerance of $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  |  | Reviewer Comment (2025-04-02): Sufficient Cure Provided At Closing |  | 04/02/2025 |  | 1 A |  | TX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure A | Non QM | Non QM | Yes |
| XXX | 86679 | XXX |  | 34317154 |  | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML[redacted] Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR[redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Mortgage Loan. | APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2025-03-26): Second appraisal refunded at closing through a lender credit. | 03/26/2025 |  |  | 1 C A |  | FL | Primary | Purchase | C A | Non QM | Non QM | No |
| XXX | 86679 | XXX |  | 34317155 |  | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Flipped Property - Borrower Charged for 2 Appraisals) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Flipped Property - Creditor improperly charged consumer for ([redacted]) appraisals. |  |  |  |  | Reviewer Comment (2025-03-26): Second appraisal credited at closing through lender credit. | 03/26/2025 |  |  | 1 C A |  | FL | Primary | Purchase | Provide evidence of the refund of the amount charged to the consumer for the second appraisal performed on the subject property. (Include a copy of the Refund Check, Proof of Delivery, and Cover Letter) A | Non QM | Non QM | Yes |
| XXX | 86679 | XXX |  | 34317158 |  | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $[redacted]exceeds tolerance of $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Second appraisal fee amount of $[redacted]exceeds tolerance of $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  | Reviewer Comment (2025-03-24): Sufficient Cure Provided At Closing |  | 03/24/2025 |  | 1 A |  | FL | Primary | Purchase | Final CD evidences Cure A | Non QM | Non QM | Yes |
| XXX | 88216 | XXX |  | 34317911 |  | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Guidelines require that Assets must be verified in [redacted]r equivalency at the current exchange rate via either [redacted[. Unable to confirm that this requirement was met.[redacted] |  |  |  | Reviewer Comment (2025-05-15): Translated and converted [redacted] transaction summary provided<br>Buyer Comment (2025-05-14): Please see the uploaded Bank statements | 05/15/2025 |  |  | 1 C A |  | FL | Investment | Purchase | C A |  | N/A | No |

---

## Exhibit 99.1

**Exhibit 99.1 Schedule 3**

![](ex99-1sch3_001.jpg)

**Rating Agency Grades**

**Run Date - 9/4/2025 11:11:38 AM**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **INITIAL CREDIT LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL OVERALL LOAN GRADES** |
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Deal Number** | **Original Loan Amount** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** |
| XXX | 85335 | XXX |  |  | C | A | A | C | A | A | A | A |  |
| XXX | 86234 | XXX |  |  | B | C | A | C | A | A | A | A |  |
| XXX | 88950 | XXX |  |  | A | C | A | C | A | A | A | A |  |
| XXX | 87302 | XXX |  |  | A | C | A | C | A | A | A | A |  |
| XXX | 88089 | XXX |  |  | A | C | A | C | A | A | A | A |  |
| XXX | 85086 | XXX |  |  | C | C | A | C | B | A | A | B |  |
| XXX | 87249 | XXX |  |  | A | A | A | A | A | A | A | A |  |
| XXX | 86316 | XXX |  |  | B | B | A | B | A | A | A | A |  |
| XXX | 85065 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 86950 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 87456 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 86624 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 85564 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 85350 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 86515 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 85960 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 86488 | XXX |  |  | C |  | A | C | A |  | A | A |  |
| XXX | 86766 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 87693 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 87446 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 85402 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 88880 | XXX |  |  | A | C | A | C | A | B | A | B |  |
| XXX | 89038 | XXX |  |  | A | C | A | C | A | A | A | A |  |
| XXX | 87348 | XXX |  |  | C | C | A | C | B | B | A | B |  |
| XXX | 87893 | XXX |  |  | C | C | A | C | A | A | A | A |  |
| XXX | 87026 | XXX |  |  | B | C | A | C | A | B | A | B |  |
| XXX | 87775 | XXX |  |  | C | C | A | C | A | B | A | B |  |
| XXX | 85824 | XXX |  |  | A | C | A | C | A | A | A | A |  |
| XXX | 86542 | XXX |  |  | C | C | A | C | A | A | A | A |  |
| XXX | 85863 | XXX |  |  | C D |  | A | C D | A |  | A | A |  |
| XXX | 85782 | XXX |  |  | C |  | A | C | A |  | A | A |  |
| XXX | 86833 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 85179 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 88453 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 88283 | XXX |  |  | C | A | A | C | B | A | A | B |  |
| XXX | 85150 | XXX |  |  | C | C | A | C | B | A | A | B |  |
| XXX | 86249 | XXX |  |  | A |  | C | C | A |  | A B | A B |  |
| XXX | 88026 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 86746 | XXX |  |  | B |  | A | B | B |  | A | B |  |
| XXX | 86173 | XXX |  |  | C |  | A | C | A |  | A | A |  |
| XXX | 87854 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 86087 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 85636 | XXX |  |  | C |  | A | C | A |  | A | A |  |
| XXX | 85240 | XXX |  |  | A |  | C | C | A |  | A | A |  |
| XXX | 88369 | XXX |  |  | C |  | A | C | A |  | A | A |  |
| XXX | 85033 | XXX |  |  | D |  | A | D | B |  | A | B |  |
| XXX | 85494 | XXX |  |  | C |  | A | C | A |  | A | A |  |
| XXX | 87201 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 86690 | XXX |  |  | C |  | A | C | A |  | A | A |  |
| XXX | 88136 | XXX |  |  | C |  | A | C | A |  | A | A |  |
| XXX | 86591 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 85324 | XXX |  |  | C |  | A | C | A |  | A | A |  |
| XXX | 86547 | XXX |  |  | C |  | A | C | A |  | A | A |  |
| XXX | 88755 | XXX |  |  | C |  | A | C | A |  | A | A |  |
| XXX | 88538 | XXX |  |  | A | B | A | B | A | A | A | A |  |
| XXX | 88855 | XXX |  |  | C | C | A | C | A | A | A | A |  |
| XXX | 85770 | XXX |  |  | B | C | A | C | A | A | A | A |  |
| XXX | 87827 | XXX |  |  | C | B | A | C | A | B | A | B |  |
| XXX | 87103 | XXX |  |  | C | C | A | C | A | B | A | B |  |
| XXX | 87499 | XXX |  |  | D | C | A | D | A | A | A | A |  |
| XXX | 87601 | XXX |  |  | A | A | A | A | A | A | A | A |  |
| XXX | 85520 | XXX |  |  | A | A | A | A | A | A | A | A |  |
| XXX | 87878 | XXX |  |  | B | B | A | B | A | A | A | A |  |
| XXX | 89095 | XXX |  |  | D | C | A | D | B | A | A | B |  |
| XXX | 85660 | XXX |  |  | A | C | A | C | A | A | A | A |  |
| XXX | 88091 | XXX |  |  | A | A | A | A | A | A | A | A |  |
| XXX | 88707 | XXX |  |  | C | B | A | C | A | A | A | A |  |
| XXX | 87935 | XXX |  |  | C | A | A | C | A | A | A | A |  |
| XXX | 87591 | XXX |  |  | C |  | A | C | A |  | A | A |  |
| XXX | 86788 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 88624 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 86998 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 84927 | XXX |  |  | C |  | A | C | A |  | A | A |  |
| XXX | 86001 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 86896 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 84958 | XXX |  |  | A |  | A | A | A |  | A | A |  |
| XXX | 86797 | XXX |  |  | B | C | A | C | B | A | A | B |  |
| XXX | 85745 | XXX |  |  | C | A | A | C | A | A | A | A |  |
| XXX | 86412 | XXX |  |  | A | A | A | A | A | A | A | A |  |
| XXX | 86679 | XXX |  |  | A | C | A | C | A | A | A | A |  |
| XXX | 88216 | XXX |  |  | C |  | A | C | A |  | A | A |  |

---

## Exhibit 99.1

**Exhibit 99.1 Schedule 4**

![](ex99-1sch4_001.jpg)

**Valuation Report**

**Run Date - 9/4/2025 11:11:39 AM**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Value for LTV** | **As-Is Value for LTV** | **LTV Value Variance Amount** | **LTV Value Variance Percent** | **Primary Valuation Value** | **Primary Valuation Report Date** | **Primary Valuation Effective Date** | **Primary Valuation Type** | **Primary Valuation Company** | **Primary Valuation Appraiser Name** | **Primary Valuation Appraiser License Num** | **Primary Valuation FSD Score** | **Secondary Valuation Value** | **Secondary Valuation Variance Amount** | **Secondary Valuation Variance Percent** | **Secondary Valuation Report Date** | **Secondary Valuation Effective Date** | **Secondary Valuation Type** | **Secondary Valuation Company** | **Secondary Valuation FSD Score** | **Secondary Valuation Desk Review Risk Score** | **AVM Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Company** | **AVM FSD Score** | **AVM Report Date** | **Desk Review Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Report Date** | **Desk Review Effective Date** | **Desktop Appraisal Value** | **Desktop Appraisal Variance Amount** | **Desktop Appraisal Variance Percent** | **Desktop Appraisal Company** | **Desktop Appraisal Report Date** | **Desktop Appraisal Effective Date** | **BPO Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Report Date** | **Field Review Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Report Date** | **Field Review Effective Date** | **2055 Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Report Date** | **2055 Effective Date** | **AVE/CMA Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Report Date** | **Hybrid Valuation Value** | **Hybrid Valuation Variance Amount** | **Hybrid Valuation Variance Percent** | **Hybrid Valuation Company** | **Hybrid Valuation Report Date** | **Updated Valuation Value** | **Updated Valuation Variance Amount** | **Updated Valuation Variance Percent** | **Updated Valuation Company** | **Updated Valuation Report Date** | **Updated Valuation Effective Date** | **Aggregate Appraised Value** | **Aggregate Variance Amount** | **Aggregate Variance Percent** | **Value Analysis Valuation Value** | **Value Analysis Report Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **LCA Risk Score** | **Collateral Underwriter Risk Score** |
| XXX | 85335 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | -9.640% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 2.60 |
| XXX | 86234 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 88950 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 87302 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 88089 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 85086 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXX | 87249 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.60 |
| XXX | 86316 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 85065 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 2.00 |
| XXX | 86950 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | 2.50 |
| XXX | 87456 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXX | 86624 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXX | 85564 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 1.50 |
| XXX | 85350 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.30 |
| XXX | 86515 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXX | 85960 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 2.00 |
| XXX | 86488 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXX | 86766 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  | 0.000% |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXX | 87693 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXX | 87446 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXX | 85402 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 88880 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 2.00 |
| XXX | 89038 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXX | 87348 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5.00 | 4.80 |
| XXX | 87893 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.20 |
| XXX | 87026 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXX | 87775 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 4.90 |
| XXX | 85824 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.50 |
| XXX | 86542 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | -1.160% |  |  | AVM |  | 0.02 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 |  |
| XXX | 85863 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXX | 85782 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 3.70 |
| XXX | 86833 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | -2.710% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.20 |
| XXX | 85179 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | -7.350% |  |  | AVM |  | 0.05 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 1.50 |
| XXX | 88453 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXX | 88283 | XXX |  |  |  |  |  |  |  | 0.370% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 85150 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.240% |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  | 0.000% |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.70 |
| XXX | 86249 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 7.520% |  |  | Field Review |  |  |  |  |  |  |  |  |  |  |  | -24.350% |  | High |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXX | 88026 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 86746 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 86173 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 87854 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 86087 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 85636 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 85240 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | -9.780% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 88369 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 85033 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 2.370% |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  | -42.370% |  | High |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.60 |
| XXX | 85494 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 87201 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 86690 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 88136 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 27.750% |  |  | AVM |  | 0.08 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 86591 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 4.330% |  |  | AVM |  | 0.08 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 85324 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 86547 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | -5.560% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 88755 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 88538 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 88855 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 85770 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 2.380% |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 4.50 |
| XXX | 87827 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXX | 87103 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXX | 87499 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 87601 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 85520 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 87878 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5.00 | 2.20 |
| XXX | 89095 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 2.00 |
| XXX | 85660 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 88091 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 88707 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 87935 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.40 |
| XXX | 87591 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | High |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXX | 86788 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXX | 88624 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 86998 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 |  |
| XXX | 84927 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | -2.700% |  |  | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 86001 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXX | 86896 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXX | 84958 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXX | 86797 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXX | 85745 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 0.000% |  |  | Desk Review |  |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 86412 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXX | 86679 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 15.000% |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXX | 88216 | XXX |  |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.30 |

---

## Exhibit 99.2

**Exhibit 99.2**

![](ex99-2_001.jpg)

Consolidated Analytics, Inc.

Form ABS Due Diligence 15-E

PRPM 2025-NQM4

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

**FORM ABS DUE DILIGENCE-15E**

**CERTIFICATION OF PROVIDER OF THIRD-PARTY DUE DILIGENCE SERVICES FOR ASSET-BACKED SECURITIES**

**Item 1: Identity of the person providing third-party due diligence services**

Legal Name: Consolidated Analytics, Inc.

Business Name (If Different):

Principal Business Address: 1 MacArthur Place – Suite 100, Santa Ana, CA 92707

**Item 2: Identity of the person who paid the person to provide due diligence services**

Legal Name: PRP-LB VI AIV, LLC

Business Name (If Different):

Principal Business Address: 7114 E. Stetson Dr., Suite 250, Scottsdale, Arizona 85251

In connection therewith, Clients shall pay to Consolidated Analytics the greater of a fee totaling $2500.00 or $25 per loan, which fee the Clients acknowledge and agree shall be paid concurrently with the funding of the transaction in connection with which this letter is being delivered.

**Item 3: Credit rating criteria**

The third-party due diligence services are intended to generally comply with currently known rating agency criteria for newly originated mortgage loans.

**Item 4: Description of the due diligence performed**

See Attachment A.

**Item 5: Summary of findings and conclusions of review**

See Attachment B.

**CERTIFICATION**

The undersigned has executed this Form ABS Due Diligence 15E on behalf of, and on the authority of, the person identified in Item 1 of the Form. The undersigned, on behalf of the person, represents that the person identified in Item 1 of the Form conducted a thorough review in performing the due diligence described in Item 4 attached to this Form and that the information and statements contained in this Form, including Items 4 and 5 attached to this Form, which are part of this Form, are accurate in all significant respects.

---

| |
|:---|
| Consolidated Analytics, Inc. |
| By: |
| Date: |

---

**Attachment A**

**Item 4: Description of the due diligence performed**

PRPM 2025-NQM4

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

Consolidated Analytics, Inc. ("Consolidated Analytics") performed certain due diligence services (the "Review") described below on behalf of PRP-LB VI AIV, LLC (the "Client"). The Review was conducted from May 2023 through July 2025 on mortgage loans originated between May 2023 and June 2025.

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

The Review consisted of a sample population of 101 loans with an aggregate principal balance of $48,226,665.00.

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

The sample population was determined and provided by Consolidated Analytics' clients (as identified by Item 2). The Review was conducted consistent with the criteria for the nationally recognized statistical rating organization Moody's Investors Service, Inc., NRSRO(s), identified in Item 3 of the ABS Due Diligence-15E. Consolidated Analytics does not know the size of the overall securitization population and other third-party review ("TPR") firms may have reviewed loans within the overall securitization population.

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

Consolidated Analytics compared data fields on the bid tape provided by the Clients to the data found in the actual mortgage loan file as captured by Consolidated Analytics. This comparison, when data was available, included the following data fields:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;Application Date | &nbsp;&nbsp;Monthly Insurance | &nbsp;&nbsp;Number of Borrowers |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;Loan Product Type |
| &nbsp;&nbsp;Qualifying Total Reserves Number of Months | &nbsp;&nbsp;Property Type | &nbsp;&nbsp;Qualifying FICO |
| &nbsp;&nbsp;Qualifying All Borrower Residual Income | &nbsp;&nbsp;Origination Date | &nbsp;&nbsp;Loan Program |
| &nbsp;&nbsp;Credit QM/ATR Designation | &nbsp;&nbsp;T & I Payment | &nbsp;&nbsp;As-Is Value |
| &nbsp;&nbsp;Closing/Settlement Date | &nbsp;&nbsp;Monthly Taxes | &nbsp;&nbsp;Prepayment Penalty Total Term |
| &nbsp;&nbsp;DSCR | &nbsp;&nbsp;Term | &nbsp;&nbsp;Interest Only Term |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;Mo Pymt (P&I) | &nbsp;&nbsp;Pricing Doc Type |
| &nbsp;&nbsp;PITIA | &nbsp;&nbsp;MIN No | &nbsp;&nbsp;Verified Doc Type |
| &nbsp;&nbsp;Interest Rate | &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;Loan Purpose |
| &nbsp;&nbsp;Property Value | &nbsp;&nbsp;Seller Name | &nbsp;&nbsp;Closing Date |
| &nbsp;&nbsp;P&I | &nbsp;&nbsp;Borrower 1 Last Name |  |

---

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

Consolidated Analytics performed a "Credit Review" to verify compliance with guidelines in effect at the time of loan origination, or other guidelines provided by Clients 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:

A. QM or ATR Validation / Review of 8 Key Underwriting Factors

&nbsp;&nbsp;&nbsp;&nbsp;1. Income / Assets

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Validate borrower(s) monthly gross income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Validate funds required to close, required reserves

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

&nbsp;&nbsp;&nbsp;&nbsp;2. Employment Status

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review file documentation for required level of employment

&nbsp;&nbsp;&nbsp;&nbsp;3. Monthly Mortgage Payment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Confirm program, qualifying rate, terms

&nbsp;&nbsp;&nbsp;&nbsp;4. Simultaneous Loans

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

&nbsp;&nbsp;&nbsp;&nbsp;5. Mortgage Related Obligations: PITI, HOA, PMI, etc.

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

&nbsp;&nbsp;&nbsp;&nbsp;6. Debts / Obligations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Validate monthly recurring liabilities

&nbsp;&nbsp;&nbsp;&nbsp;7. DTI and/or Residual Income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. 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;b. Documentation meets Appendix Q requirements for QM Loans

&nbsp;&nbsp;&nbsp;&nbsp;8. Credit History

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. 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;b. Determine representative credit score from credit report

&nbsp;&nbsp;&nbsp;&nbsp;9. Validate loan-to-value (LTV) and combined loan-to-value

&nbsp;&nbsp;&nbsp;&nbsp;10. Review borrower's occupancy

&nbsp;&nbsp;&nbsp;&nbsp;11. Validation through third party resource of the subject properties most recent twelve (12) month sales
history

&nbsp;&nbsp;&nbsp;&nbsp;12. 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;13. Confirm that Final 1003 is sufficiently completed

&nbsp;&nbsp;&nbsp;&nbsp;14. Provide Audit 1008 with accurate data based on file documentation

&nbsp;&nbsp;&nbsp;&nbsp;15. Confirm Loan Approval conditions were met

&nbsp;&nbsp;&nbsp;&nbsp;16. Review condominium questionnaire to verify all information is complete, prepared by an authorized representative,
and address any red flags that may deem condominium project ineligible

&nbsp;&nbsp;&nbsp;&nbsp;17. General QM for any loans originated under the GQM Rule

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Pricing Thresholds:

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

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Consider Income and Assets:

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

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

iii. The monthly DTI or residual income.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Verification of Income and Assets:

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

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;1. 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

2. 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.

3. 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.

4. 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.

5. Review adjustments (line item, net and gross adjustments) to ensure they are reasonable.

6. Ensure that the appraisal conforms to the guidelines provided from the Client

7. Review appraisal to ensure all required documents were included.

8. Review location map provided within the appraisal for external obsolescence.

9. Ensure highest and best use and zoning complies with guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;10. Confirm there are no marketability issues that affect the subject property.

11. Ensure subject property does not suffer any functional obsolescence.

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

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

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

For loans reviewed in a post-close valuation review scenario (101 loans in total):

Three (3) loans had a Secondary Appraisal, zero (0) loans had AVMs, and forty (40) loans had a Desktop Review.

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

Zero (0) loans had a Field Review or BPO, zero (0) loans had a Second Desk Review, and three (3) loans had a Full Appraisal Review.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

ii. Home Ownership Counselling Disclosure

iii. ARM Disclosure

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

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

ii. Points & Fees Test

iii. Prepayment Penalty Test

iv. Product Eligibility Testing

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

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

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

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

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

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

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

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

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

Not applicable.

**Attachment B<br> Item 5: Summary of findings and conclusions of review**

**Summary of Results**

**OVERALL RESULTS SUMMARY** 

**Final Loan Grades**

---

| | | | |
|:---|:---|:---|:---|
| **Overall Loan Results:** | **Overall Loan Results:** | **Overall Loan Results:** | |
| Event Grade | Loan Count | Original Principal Balance | Percent of Sample |
| Event Grade A | 92 | $41480023.00 | 91.09% |
| Event Grade B | 9 | $6746642.00 | 8.91% |
| Event Grade C | 0 | $0.00 | 0.00% |
| Event Grade D | 0 | $0.00 | 0.00% |
| **Total Sample** | 101 | $48226665.00 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Credit Results:** | **Credit Results:** | **Credit Results:** |
| Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 97 | 96.04% |
| Event Grade B | 4 | 3.96% |
| Event Grade C | 0 | 0.00% |
| Event Grade D | 0 | 0.00% |
| **Total Sample** | 101 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Compliance Results (As applicable, 44 loans within population did not receive a Compliance Review):** | **Compliance Results (As applicable, 44 loans within population did not receive a Compliance Review):** | **Compliance Results (As applicable, 44 loans within population did not receive a Compliance Review):** |
| Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 54 | 94.74% |
| Event Grade B | 3 | 5.26% |
| Event Grade C | 0 | 0.00% |
| Event Grade D | 0 | 0.00% |
| **Total Sample** | 57 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Valuation Results:** | **Valuation Results:** | **Valuation Results:** |
| Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 99 | 98.02% |
| Event Grade B | 2 | 1.98% |
| Event Grade C | 0 | 0.00% |
| Event Grade D | 0 | 0.00% |
| **Total Sample** | 101 | 100.00% |

---

**Exception Category Summary**

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

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Exception Type | &nbsp;&nbsp;Exception<br> Level<br> Grade | &nbsp;&nbsp;Exception Category | &nbsp;&nbsp;Total |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;No Credit Findings | &nbsp;&nbsp;60 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 Gap Credit Report is Missing | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Background Check Missing or Defective | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Housing History Does Not Meet Guideline Requirements | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;ATR: Reasonable Income or Assets Not Considered | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing VOM or VOR | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Income and Employment Do Not Meet Guidelines | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Entity Documentation - Missing or Defective | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;ATR Risk | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;ATR: Current Employment Not Verified | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Purchase Contract is Incomplete | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Third Party Fraud Report not Provided | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing verification of taxes, insurance, and/or HOA fees for non-subject property | &nbsp;&nbsp;2 |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Hazard Insurance Missing or Defective | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 CPA Letter Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Asset Documentation Missing or Defective | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;The Final 1003 is Incomplete | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Audited Reserves are less than Guideline Required Reserves (Dollar Amount) | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Insufficient Assets to Close | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Hazard Insurance Policy is Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Purchase Contract Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Title Insurance Coverage - Inadequate Coverage | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;The Total Hazard Coverage is LESS than the Required Coverage Amount | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;All Interested Parties Not Checked with Exclusionary Lists | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Deed Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Audited DTI Exceeds Guideline DTI | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;The Initial 1003 is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Housing history does not meet guidelines | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Title Coverage is Less than Subject Lien | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Asset Qualification Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 2 YTD Profit & Loss Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Insufficient Assets for Reserves | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Purchase Contract is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 YTD Profit & Loss Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Approval/Underwriting Summary Not Provided | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Loan Application Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;The loan meets all applicable guidelines | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Credit Report Supplement | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Flood Insurance Policy Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 2 CPA Letter Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Title Document is Partially Present | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 2 Gap Credit Report is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 Business Bank Statements Less Than 12 Months Provided | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Mortgage Insurance Cert Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;***Total Credit Grade (A) Exceptions:*** | &nbsp;&nbsp;***133*** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;B | &nbsp;&nbsp;Guideline Seasoning not Met | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;Housing History Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;Minimum Credit Trade Line Requirement Not Met | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;Audited Reserves are less than Guideline Required Reserves (Dollar Amount) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;Income and Employment Do Not Meet Guidelines | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;Borrower residency documentation not provided or issue with documentation | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;Asset Qualification Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;Excessive LTV Ratio | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions:*** | &nbsp;&nbsp;***9*** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Higher-Priced Mortgage Loan Test | &nbsp;&nbsp;30 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;No Compliance Findings | &nbsp;&nbsp;17 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;CA AB 260 Higher-Priced Mortgage Loan Test | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Charges That Cannot Increase Test | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Charges That In Total Cannot Increase More Than 10% Test | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;eSigned Documents Consent is Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;MD COMAR Higher-Priced Mortgage Loan Test | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;NC Rate Spread Home Loan Test | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;O.C.G.A. § 7-6a-2(12)(G)(ii) - Attorney Preference, Right to Choose Attorney disclosure was not provided | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Higher-Priced Mortgage Loan Evidence of Appraisal Delivery to the Borrower Not Provided (12 CFR 1026.35(c)(6)) | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Homeownership Counseling Disclosure Is Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;NY Subprime Home Loan Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;OK HOEPA Higher-Priced Mortgage Loan Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;CT Nonprime Home Loan Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Initial Closing Disclosure Delivery Date Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Required Affiliated Business Disclosure | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Loan Origination Company NMLS Status is Not Active | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;***Total Compliance Grade (A) Exceptions:*** | &nbsp;&nbsp;***76*** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;B | &nbsp;&nbsp;Charges That Cannot Increase Test | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Compliance Grade (B) Exceptions:*** | &nbsp;&nbsp;***3*** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;No Property Findings | &nbsp;&nbsp;46 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Appraisal Review - Missing | &nbsp;&nbsp;8 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Hazard Insurance Missing or Defective | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Appraisal Missing or Defective | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Third Party Valuation Product Not Provided within 10% Tolerance | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Appraisal is Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Flood Certification/Determination - Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Subject Property Lease - Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Property/Appraisal General | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Closing Documentation Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;The appraiser was not licensed (Primary Value) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;UCDP Summary Report is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;FEMA Declared Disaster Dated Prior to the Note Date, After Appraisal Date | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Appraisal Review Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Ineligible amenities | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;***Total Property Grade (A) Exceptions:*** | &nbsp;&nbsp;***79*** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;B | &nbsp;&nbsp;Property or house size is outside of guidelines | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Property Grade (B) Exceptions:*** | &nbsp;&nbsp;***1*** |

---

**TAPE INTEGRITY REVIEW RESULTS SUMMARY**

Of the 101 mortgage loans reviewed, sixty-six (66) unique mortgage loans (65.35% by loan count) had a total of one hundred forty-nine (149) tape discrepancies across thirty-five (35) 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.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Fields Reviewed** | &nbsp;&nbsp;**Discrepancy Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;Application Date | &nbsp;&nbsp;38 | &nbsp;&nbsp;25.50% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;28 | &nbsp;&nbsp;18.79% |
| &nbsp;&nbsp;Qualifying Total Reserves Number of Months | &nbsp;&nbsp;11 | &nbsp;&nbsp;7.38% |
| &nbsp;&nbsp;Qualifying All Borrower Residual Income | &nbsp;&nbsp;11 | &nbsp;&nbsp;7.38% |
| &nbsp;&nbsp;Credit QM/ATR Designation | &nbsp;&nbsp;6 | &nbsp;&nbsp;4.03% |
| &nbsp;&nbsp;Closing/Settlement Date | &nbsp;&nbsp;5 | &nbsp;&nbsp;3.36% |
| &nbsp;&nbsp;DSCR | &nbsp;&nbsp;4 | &nbsp;&nbsp;2.68% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;4 | &nbsp;&nbsp;2.68% |
| &nbsp;&nbsp;PITIA | &nbsp;&nbsp;4 | &nbsp;&nbsp;2.68% |
| &nbsp;&nbsp;Interest Rate | &nbsp;&nbsp;3 | &nbsp;&nbsp;2.01% |
| &nbsp;&nbsp;Property Value | &nbsp;&nbsp;3 | &nbsp;&nbsp;2.01% |
| &nbsp;&nbsp;P&I | &nbsp;&nbsp;3 | &nbsp;&nbsp;2.01% |
| &nbsp;&nbsp;Monthly Insurance | &nbsp;&nbsp;2 | &nbsp;&nbsp;1.34% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;1.34% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;2 | &nbsp;&nbsp;1.34% |
| &nbsp;&nbsp;Origination Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;1.34% |
| &nbsp;&nbsp;T & I Payment | &nbsp;&nbsp;2 | &nbsp;&nbsp;1.34% |
| &nbsp;&nbsp;Monthly Taxes | &nbsp;&nbsp;2 | &nbsp;&nbsp;1.34% |
| &nbsp;&nbsp;Term | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.67% |
| &nbsp;&nbsp;Mo Pymt (P&I) | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.67% |
| &nbsp;&nbsp;MIN No | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.67% |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.67% |
| &nbsp;&nbsp;Seller Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.67% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.67% |
| &nbsp;&nbsp;Number of Borrowers | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.67% |
| &nbsp;&nbsp;Loan Product Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.67% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.67% |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.67% |
| &nbsp;&nbsp;As-Is Value | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.67% |
| &nbsp;&nbsp;Prepayment Penalty Total Term | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.67% |
| &nbsp;&nbsp;Interest Only Term | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.67% |
| &nbsp;&nbsp;Pricing Doc Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.67% |
| &nbsp;&nbsp;Verified Doc Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.67% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.67% |
| &nbsp;&nbsp;Closing Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.67% |
| &nbsp;&nbsp;**Grand Total** | &nbsp;&nbsp;**149** | &nbsp;&nbsp;**100.00%** |

---

**Event Grade Definitions**

---

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

---

---

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

---

---

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

---

---

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

---

## Exhibit 99.2

**Exhibit 99.2 Schedule 1**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 139916 |  | Interest Rate | XXX | XXX | Per note, is XXX. |
| 139916 |  | Original Loan Amount | XXX | XXX | Per note, loan amount is $XXX. |
| 139916 |  | Pricing Doc Type | XXX | XXX | Business bank Statement were utilized for income calculation. |
| 131110 |  | Property Value | XXX | XXX | Appraised value vs sales price |
| 131110 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Per Initial 1003 and XXX Report |
| 131110 |  | Verified Doc Type | XXX | XXX | XXX Month Bank Statement = ALT doc |
| 131110 |  | Qualifying Total Reserves Number of Months | XXX | XXX | Based on verified assets in file |
| 131110 |  | Qualifying All Borrower Residual Income | XXX | XXX | Based on verified income and total debts |
| 134009 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Per Initial 1003 |
| 134009 |  | Qualifying Total Debt Income Ratio | XXX | XXX | Per income and debt |
| 136059 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Verified by the initial XXX. |
| 136059 |  | Closing/Settlement Date | XX/XX/XXXX | XX/XX/XXXX |  |
| 136028 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | per initial application |
| 136056 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Verified by the initial XXX. |
| 136056 |  | Qualifying Total Debt Income Ratio | XXX | XXX | Verified by the calculations. |
| 136033 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Compliance to validate. |
| 136033 |  | Qualifying Total Debt Income Ratio | XXX | XXX | Validated total debts with documents provided. Lender used a the monthly payment from the XXX mortgage Statement instead of the most recent date of XXX. |
| 136030 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | is XX/XX/XXXX per initial application. |
| 136030 |  | Qualifying Total Debt Income Ratio | XXX | XXX | rounding |
| 136003 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Compliance to validate. |
| 136003 |  | Credit QM/ATR Designation | XXX | XXX | Non QM loan. |
| 136003 |  | Qualifying Total Debt Income Ratio | XXX | XXX | Validated total payments with documents provided. Lender used a higher monthly payment amount for the acounts on the credit report than what is reflected on the credit report. |
| 136054 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Per initial loan application |
| 136054 |  | Credit QM/ATR Designation | XXX | XXX | Credit QM-ATR Designation per Deal Guide |
| 136054 |  | Qualifying Total Debt Income Ratio | XXX | XXX | Audit included HOA dues for primary residence increasing the DTI to XXX%. |
| 139036 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Per the Initial XXX, the has been verified. |
| 139036 |  | Closing/Settlement Date | XX/XX/XXXX | XX/XX/XXXX | Per the Final CD, the has been verified. |
| 139041 |  | Interest Rate | XXX | XXX | Verified to note, no evidence of buydown |
| 139041 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | per initial application |
| 139041 |  | Qualifying Total Debt Income Ratio | XXX | XXX | per debt without utility self reported amount of $XXX |
| 139027 |  | Qualifying Total Debt Income Ratio | XXX | XXX | ,per REO and debts calcualtions |
| 136034 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Per Initial 1003 |
| 136034 |  | Credit QM/ATR Designation | XXX | XXX | Non-QM Pool |
| 136034 |  | Qualifying Total Debt Income Ratio | XXX | XXX | The loan is XXX mth Bnk St, the income was recalculated which changed DTI still within GL XXX% |
| 139048 |  | Qualifying Total Debt Income Ratio | XXX | XXX | Per income and debt |
| 139015 |  | Qualifying Total Debt Income Ratio | XXX | XXX | Rounding |
| 136009 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Verified the initial of XX/XX/XXXX based on the LO signature on the initial XXX and intent to proceed documents |
| 136009 |  | Qualifying Total Debt Income Ratio | XXX | XXX | Verified the DTI of XXX%. Lender is hitting the borrower with one of the XXX credit cards twice in the ratios. Meets the max DTI requirements |
| 139069 |  | Closing/Settlement Date | XX/XX/XXXX | XX/XX/XXXX | Verified the of XX/XX/XXXX by the signature date and notary date on the mortgage, CD, Final 1003 in file |
| 139069 |  | Qualifying Total Debt Income Ratio | XXX | XXX | Verified the DTI of XXX% with the review of the income and credit documentation in the file |
| 136040 |  | Qualifying Total Debt Income Ratio | XXX | XXX | Per income and debts |
| 139059 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Verified by the initial XXX. |
| 139059 |  | Qualifying Total Debt Income Ratio | XXX | XXX | Verified by the calculations. |
| 139055 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | per initial application |
| 139055 |  | Qualifying Total Debt Income Ratio | XXX | XXX | per consumer debt still within XXX% tolerance per GL |
| 139054 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | per initial application |
| 139054 |  | Qualifying Total Debt Income Ratio | XXX | XXX | per consumer debt calculation still within XXX% tolerance |
| 139068 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | per initial application |
| 139062 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | per initial application |
| 139062 |  | Qualifying Total Debt Income Ratio | XXX | XXX | per calculations |
| 139061 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | per initial application |
| 139061 |  | Qualifying Total Debt Income Ratio | XXX | XXX | calculations |
| 139052 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Verified XX/XX/XXXX with the LO signature on the Final 1003. |
| 136052 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | per initial application |
| 136052 |  | Credit QM/ATR Designation | XXX | XXX | per loan approval |
| 136052 |  | Qualifying Total Debt Income Ratio | XXX | XXX | calculation |
| 139085 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Verified by the initial XXX. |
| 139085 |  | Qualifying Total Debt Income Ratio | XXX | XXX | Verified by the calculations. |
| 136050 |  | Qualifying Total Debt Income Ratio | XXX | XXX | Borrower income is $XXX per income calculator, 1008 and 1003 reflect $XXX additional income that is not documented. |
| 139056 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Per Initial 1003. |
| 139056 |  | Qualifying Total Debt Income Ratio | XXX | XXX | Audit DTI higher due to including monthly payment for collection/charge off accounts. Total debt < $XXX, ok to leave open with monthly payment. |
| 136008 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Per Initial 1003 |
| 139058 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Per Initial 1003. |
| 139058 |  | Qualifying Total Debt Income Ratio | XXX | XXX | Audit DTI lower due to consumer debt monthly payment is lower. |
| 136038 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX updated as Per Initial 1003 |
| 136038 |  | Credit QM/ATR Designation | XXX | XXX | Verified XXX designation with the loan approval. |
| 136038 |  | Qualifying Total Debt Income Ratio | XXX | XXX | Verified DTI of XXX%. Other REO Property (XXX) PITI has been updated from the recent Mortgage Statement $XXX pg XXX |
| 139078 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Confirmed with Initial XXX. |
| 139078 |  | Closing/Settlement Date | XX/XX/XXXX | XX/XX/XXXX |  |
| 139078 |  | Qualifying Total Debt Income Ratio | XXX | XXX | Confirmed with Income documentation and credit report. |
| 139043 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Per Initial 1003 |
| 139102 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Verified by the initial XXX. |
| 136029 |  | Number of Borrowers | XXX | XXX | Loan closed in LLC name. |
| 136029 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Verified via initial XXX. |
| 136029 |  | Credit QM/ATR Designation | XXX | XXX | BPL making the loan exempt from QM-ATR. |
| 139023 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Confirmed with Initial XXX. |
| 141961 |  | Qualifying Total Reserves Number of Months | XXX | XXX | Per asset documents |
| 141961 |  | Qualifying All Borrower Residual Income | XXX | XXX | Per income |
| 141972 |  | Maturity Date | XX/XX/XXXX | XX/XX/XXXX | is verified on the note provided in the file. |
| 141972 |  | Term | XXX | XXX | Note in file and XXX confirm loan is a XXX year loan. |
| 141972 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | eSign certificate consent date is XX/XX/XXXX. |
| 141972 |  | Property Type | XXX | XXX | Appraisal confirms property is a PUD and is detached. |
| 141972 |  | Qualifying Total Reserves Number of Months | XXX | XXX | Guidelines require XXX months reserves. |
| 141972 |  | Loan Product Type | XXX | XXX | Note confirms XXX year mortgage. |
| 141972 |  | Qualifying All Borrower Residual Income | XXX | XXX | True data is based on income and total debt. |
| 141962 |  | Maturity Date | XX/XX/XXXX | XX/XX/XXXX | Confirmed with Note. |
| 141962 |  | First Payment Date | XX/XX/XXXX | XX/XX/XXXX | Confirmed with Note. |
| 141962 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Confirmed with Initial XXX. |
| 141962 |  | Qualifying Total Reserves Number of Months | XXX | XXX | Confirmed with bank Statements provided. |
| 141962 |  | Qualifying All Borrower Residual Income | XXX | XXX | Confirmed with Income documentation and credit report. |
| 141987 |  | First Payment Date | XX/XX/XXXX | XX/XX/XXXX | Per Note. |
| 141987 |  | Qualifying Total Reserves Number of Months | XXX | XXX | XXX months reserves are required per NQMF guidelines. |
| 141987 |  | Qualifying All Borrower Residual Income | XXX | XXX | $XXX residual income required when the DTI is greater than XXX%. |
| 141957 |  | First Payment Date | XX/XX/XXXX | XX/XX/XXXX | Per Note. |
| 141957 |  | Qualifying Total Reserves Number of Months | XXX | XXX | XXX months reserves are required per NQMF guidelines. |
| 141957 |  | Qualifying All Borrower Residual Income | XXX | XXX | Per Loan Approval. |
| 141996 |  | First Payment Date | XX/XX/XXXX | XX/XX/XXXX | Confirmed with Note. |
| 141996 |  | Qualifying Total Reserves Number of Months | XXX | XXX | Confirmed with Cash to Borrower at closing. |
| 141996 |  | Qualifying All Borrower Residual Income | XXX | XXX | Confirmed with Income documentation and credit report. |
| 139074 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | is verified with initial XXX |
| 141982 |  | Qualifying Total Reserves Number of Months | XXX | XXX | XXX months reserves are required per NQMF guidelines. |
| 141982 |  | Qualifying All Borrower Residual Income | XXX | XXX | No residual income required when DTI |
| 141989 |  | Property Value | XXX | XXX | Confirmed with Appraisal Report. |
| 141989 |  | Qualifying Total Reserves Number of Months | XXX | XXX | Confirmed with bank Statements provided. |
| 141989 |  | Qualifying All Borrower Residual Income | XXX | XXX | Confirmed with P&L Statement and Credit Report. |
| 139025 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Verified by the initial application. |
| 139025 |  | Qualifying Total Debt Income Ratio | XXX | XXX | Verified by the calculations. |
| 141971 |  | MIN No | XXX | XXX | Verified to Deed |
| 141971 |  | Property Value | XXX | XXX | Verified to appraised value vs purchase price |
| 141971 |  | Qualifying Total Reserves Number of Months | XXX | XXX | Verified to assets |
| 141971 |  | Qualifying All Borrower Residual Income | XXX | XXX | Based on verified income and total debts |
| 139301 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Per Initial 1003 |
| 139301 |  | Qualifying Total Debt Income Ratio | XXX | XXX | XXX/XXX credit report - used updated payments and balances and impacted the DTI. |
| 141984 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Initial XXX |
| 141984 |  | Qualifying Total Reserves Number of Months | XXX | XXX | Cash Out |
| 141984 |  | Qualifying All Borrower Residual Income | XXX | XXX | Income and liabilities |
| 131985 |  | Origination_Date | XX/XX/XXXX | XX/XX/XXXX | XXX |
| 131965 |  | Loan_Purpose | XXX | XXX | FALSE |
| 131965 |  | Origination_Date | XX/XX/XXXX | XX/XX/XXXX | FALSE |
| 139091 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Per Initial 1003 |
| 139342 |  | Seller Name | XXX | XXX | Mapping issue |
| 139342 |  | Borrower 1 Last Name | XX/XX/XXXX | XX/XX/XXXX | Mapping issue |
| 139342 |  | Prepayment Penalty Total Term | XXX | XXX | Taken from note |
| 139342 |  | Loan Program | XXX | XXX | Tape data is code |
| 139342 |  | Closing/Settlement Date | XX/XX/XXXX | XX/XX/XXXX | Tape data is correct of XX/XX/XXXX |
| 139342 |  | Property Type | XXX | XXX | Tape data is same as True data |
| 133990 |  | Closing Date | XX/XX/XXXX | XX/XX/XXXX | is XX/XX/XXXX |
| 139282 |  | PITIA | XXX | XXX | PITIA is $XXX inclsuive of HOA fees |
| 139291 |  | P&I | XXX | XXX | P&I is $XXX per note in file |
| 139291 |  | PITIA | XXX | XXX | PITIA is $XXX |
| 139299 |  | Interest Rate | XXX | XXX | Blank data tape |
| 139299 |  | Interest Only Term | XXX | XXX | Blank data tape |
| 139299 |  | P&I | XXX | XXX | Blank data tape |
| 139299 |  | PITIA | XXX | XXX | Blank data tape |
| 139299 |  | Monthly Insurance | XXX | XXX | Blank data tape |
| 139299 |  | Monthly Taxes | XXX | XXX | Blank data tape |
| 139306 |  | PITIA | XXX | XXX | PITIA is $XXX |
| 139306 |  | Monthly Insurance | XXX | XXX | and taxes must be reported even if there are no escrows present |
| 139306 |  | Monthly Taxes | XXX | XXX | and taxes must be reported even if there are no escrows present |
| 141997 |  | Qualifying FICO | XXX | XXX | Fico score XXX based on report from XX/XX/XXXX |
| 141967 |  | DSCR | XXX | XXX | $XXX gross rents / $XXX PITIA = XXX DSCR |
| 142007 |  | As-Is Value | XXX | XXX | As is value versus purchase price |
| 142007 |  | DSCR | XXX | XXX | $XXX gross rents / $XXX PITIA = XXX DSCR |
| 142007 |  | T & I Payment | XXX | XXX | $XXX taxes + $XXX insurance + $XXX HOA= $XXX TIA |
| 141980 |  | DSCR | XXX | XXX | $XXX gross rents / $XXX PITIA = XXX DSCR |
| 142006 |  | DSCR | XXX | XXX | $XXX gross rents / $XXX PITIA = XXX DSCR |
| 142006 |  | Mo Pymt (P&I) | XXX | XXX | P&I is $XXX per note |
| 142006 |  | T & I Payment | XXX | XXX | $XXX taxes + $XXX insurance + $XXX HOA = $XXX TIA |
| 139040 |  | P&I | XXX | XXX | P&I is $XXX per note in file |

---

## Exhibit 99.2

**Exhibit 99.2 Schedule 2**

---

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| **Loan Number** | **Seller Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original Balance** | **State** | **TPR QM ATR Status** | **Loan Status** | **Exception Date** | **Remediation Status** | **Exception ID** | **Exception Type** | **Exception Category** | **Exceptions** | **Exception Rebuttal** | **Exception Rebuttal Date** | **Exception Rebuttal Response** | **Exception Rebuttal Response Date** | **Compensating Factors** | **Initial Compliance Grade** | **Final Compliance Grade** | **Initial Compliance Grade (DBRS/Morningstar)** | **Initial Compliance Grade (Fitch)** | **Initial Compliance Grade (Kroll)** | **Initial Compliance Grade (Moodys)** | **Initial Compliance Grade (S&P)** | **Final Compliance Grade (DBRS/Morningstar)** | **Final Compliance Grade (Fitch)** | **Final Compliance Grade (Kroll)** | **Final Compliance Grade (Moodys)** | **Final Compliance Grade (S&P)** |
| 139916 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 02/xx/2025 | Resolved | FCRE1495 | Credit | ATR: Current Employment Not Verified | ATR: Current Employment Not Verified Loan does not meet requirement for Expanded Alternative Documentation program Missing required CPA or third party prepared P&L Statement covering at least the same time period as the bank Statements, bank Statement income calculation worksheet completed by seller, and CPA or XXX and signed business narrative. | Documentation received, RWT to review.; Document Uploaded. | 04/xx/2025 | Third Party Bank Statement and business narrative provided. FIndings resolved.; ATR: Current Employment Was Verified | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139916 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 02/xx/2025 | Resolved | FCRE1497 | Credit | ATR: XXX Income or Assets Not Considered | ATR: XXX Income or Assets Not Considered |  | 02/xx/2025 | ATR: XXX Income or Assets Was Considered | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139916 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 02/xx/2025 | Resolved | FCRE1437 | Credit | Income and Employment Do Not Meet Guidelines | Income and Employment Do Not Meet Guidelines Missing required CPA or third party prepared P&L Statement covering at least the same time period as the bank Statements, bank Statement income calculation worksheet completed by seller, and CPA or XXX and signed business narrative. | ; Documentation received, RWT to review.; Document Uploaded. ; ; ; ; ; | 02/xx/2025 | Income and Employment Meet Guidelines; Third Party Bank Statement and business narrative provided. FIndings resolved.; Income and Employment Do Not Meet Guidelines | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139916 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 02/xx/2025 | Resolved | FCRE1325 | Credit | Borrower 1 CPA Letter Missing | Borrower 1 CPA Letter Missing Loan is missing a CPA or XXX Letter and signed XXX Business Narrative that includes at minimum details related to the description, nature, size (full-time employees and or contractors) and scope of the business. |  | 02/xx/2025 | Borrower 1 CPA Letter Provided | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139916 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 02/xx/2025 | Resolved | FCRE1355 | Credit | Borrower 2 CPA Letter Missing | Borrower 2 CPA Letter Missing |  | 02/xx/2025 | Borrower 2 CPA Letter Provided or XXX (equals XXX) | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139916 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 02/xx/2025 | Resolved | FCRE1326 | Credit | Borrower 1 YTD Profit & Loss Missing | Borrower 1 YTD Profit & Loss Missing |  | 02/xx/2025 | Borrower 1 YTD Profit & Loss Provided | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139916 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 02/xx/2025 | Resolved | FCRE1356 | Credit | Borrower 2 YTD Profit & Loss Missing | Borrower 2 YTD Profit & Loss Missing |  | 02/xx/2025 | Borrower 2 YTD Profit & Loss Provided or XXX (equals XXX) | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139916 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 02/xx/2025 | Resolved | FCRE9995 | Credit | XXX Reserves are less than Guideline Required Reserves (Dollar Amount) | XXX Reserves of $XXX are less than Guideline Required Reserves of $XXX. The amount of funds available after the close of escrow are insufficient. Program requires XXX months of reserves for subject property and XXX months for departure home. Reserves short by $XXX |  | 02/xx/2025 | XXX Reserves of $XXX are equal to or greater than AUS Required Reserves of $XXX. | 02/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139916 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | QM: Safe Harbor APOR (APOR SH) | Loan Review Complete | 02/xx/2025 | Resolved | FCRE1130 | Credit | Mortgage Insurance Cert Missing | Mortgage Insurance is Present but Mortgage Insurance Cert is missing AUS provided in the file requires MI coverage. MI Certificate is missing. |  | 02/xx/2025 | Mortgage Insurance is Present and Mortgage Insurance Cert has been provided or Mortgage Insurance is not Present | 02/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 131110 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 02/xx/2025 | Resolved | FCRE1206 | Credit | All Interested Parties Not Checked with Exclusionary Lists | All Interested Parties Not Checked with Exclusionary Lists. Per Guidelines, all parties involved on each transaction must be screened through any exclusionary list used by the seller. Despite this requirement, there is no evidence in the loan file that the Loan Officer, Title Company and Title Agent have been cleared. | Document Uploaded. ; Document Uploaded. ; Document Uploaded. | 02/xx/2025 | All Interested Parties Checked against Exclusionary Lists; OFAC results for loan officer received. ; Missing evidence the loan officer XXX (Per 1003, Note and CD) was screened through any exclusionary list and have been cleared.; Fraud Report received is missing evidence the loan officer was screened through any exclusionary list and have been cleared. | 03/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A D | C D A | C D A | C D A | C D A | C B A | A B | A B | A B | A B | A |
| 131110 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 02/xx/2025 | Resolved | FCOM1266 | Compliance | Homeownership Counseling Disclosure Is Missing | Homeownership Counseling Disclosure Is Missing Documentation Required missing proof borrower received Counseling Notice | Document Uploaded. | 02/xx/2025 | Homeownership Counseling Disclosure Is Present or XXX | 03/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A D | C D A | C D A | C D A | C D A | C B A | A B | A B | A B | A B | A |
| 131110 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 02/xx/2025 | Resolved | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing Documentation Required missing ABD | Document Uploaded. | 02/xx/2025 | Required Affiliated Business Disclosure Documentation Provided; Affiliated attestation provided; exception resolved; Required Affiliated Business Disclosure Missing | 03/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A D | C D A | C D A | C D A | C D A | C B A | A B | A B | A B | A B | A |
| 131110 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 02/xx/2025 | Acknowledged | FCRE3500 | Credit | Borrower residency documentation not provided or issue with documentation | Per Guidelines, for ITIN Alt Doc loans, one of the following must be provided: XXX) IRS letter dated less than three years ago, XXX) Fully executed W7, including agent' signature or XXX) Letter from Tax Preparer confirming they have filed the borrower's most recent tax return. Despite these requirements, the IRS letter in file is over XXX years old, CPA letter does not confirm that they had filed the Borrower's most recent tax return with the IRS and there was not a W-XXX provided in the loan file. | Document Uploaded. ; Document Uploaded. ; o The IRS letter is dated Dec XXX, that is less than XXX years old. | 03/xx/2025 | Lender exception received and approved for CPA Attestation. FICO above the minimum by XXX points or higher; XXX years in current job. ; Letter from tax preparer received does not confirm they have filed the borrower's most recent tax return with the IRS as required per the lender guideline.; IRS letter in file (page XXX) is not the borrower's. Condition remains. | 03/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A D | C D A | C D A | C D A | C D A | C B A | A B | A B | A B | A B | A |
| 131110 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 02/xx/2025 | Resolved | finding-2559 | Compliance | XXXprime Home Loan Test | This loan failed the XXX Home Loan Test. (XXX SB XX/xx/XXXX, XXX(c)) Using the greater of the disclosed APR and the fully indexed rate, the loan is a subprime home loan, as defined in the legislation.While the XXX provisions specify that lenders may lawfully make this type of loan subject to certain conditions, some lenders and secondary market investors may prefer not to fund or buy subprime home loans even if the additional conditions are met. XXXprime non-compliant. Missing Consumer Counseling Notice to Borrower and list of counseling agencies. | Document Uploaded. ; Document Uploaded. ; uploaded XXX | 02/xx/2025 | XXXrprime compliant; Exception resolved; Housing counselor list provided, however it is missing the required verbiage as indicated in the XXX-prime requirements: A lender or mortgage broker must deliver, place in the mail, fax or electronically transmit the following notice in at least twelve point type to the borrower of a subprime home loan at the time of application: "You should consider financial counseling prior to executing loan documents. The enclosed list of counselors is provided by the XXX State Department of Financial Services."; Federal homeownership counseling list does not meet the requirements of XXXprime. Provide XXX counselor list. Per XXXprime: A lender or mortgage broker must deliver, place in the mail, fax or electronically transmit the following notice in at least twelve point type to the borrower of a subprime home loan at the time of application: "You should consider financial counseling prior to executing loan documents. The enclosed list of counselors is provided by the XXX State Department of Financial Services." | 03/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A D | C D A | C D A | C D A | C D A | C B A | A B | A B | A B | A B | A |
| 131110 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 02/xx/2025 | Acknowledged | FCRE1437 | Credit | Income and Employment Do Not Meet Guidelines | Income and Employment Do Not Meet Guidelines Per Guidelines, for P&L only loans, the CPA/xx/Tax Preparer must attest to having prepared the borrower's most recent tax returns. Despite this requirement, the CPA letter in file States that they had only reviewed the Borrower's most recent tax return. | o This loan is not a P&L Only file, it is a P&L and XXX Months Bank Statement. CPA does not need to Attest to preparing the most recent returns. | 02/xx/2025 | Lender exception received, approved for CPA letter does not attest to preparing the returns as per guides, compensating factors; FICO above the minimum by XXX points or higher, XXX years in current job. ; ; According to page XXX of XXX, for the XXX months P&L from a CPA or and XXX months bank Statements program, the tax preparer must attest that they have prepared the borrower's most recent tax returns. Condition remains.+ | 02/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A D | C D A | C D A | C D A | C D A | C B A | A B | A B | A B | A B | A |
| 131110 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 02/xx/2025 | Acknowledged | FCRE1491 | Credit | Asset Qualification Does Not Meet Guideline Requirements | Asset Qualification Does Not Meet Guideline Requirements The Borrower received $XXX in gift funds from their spouse. Per Guidelines, funds from a spouse or domestic partner are not considered gift funds and are subject to the seasoning requirements outlined in the Asset Documentation. Please provide one-month's account Statement or most recent quarterly Statement documenting the funds used for the subject transaction. All large deposits must be explained and documented. | Document Uploaded. ; The gift can be excluded from the transaction. | 02/xx/2025 | Lender exception received, approved for reserves does not meet XXX months ; compensating factors; FICO above the minimum by XXX points or higher, XXX years in current job. ; XXX account balance #XXX as of XX/xx/XXXX is XXX, this includes a $XXX transfer from checking account #XXX. Gift funds of $XXX from spouse was deposited into #XXX on XX/xx/XXXX. Reduced the $XXX by $XXX as seasoning requirement was not met. Reduction of funds resulted in short reserves by $ XXX (Total assets of XXX + XXX – XXX = XXX. XXX – XXX cash to close = XXX for reserves. Total reserves required are XXX. | 02/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A D | C D A | C D A | C D A | C D A | C B A | A B | A B | A B | A B | A |
| 131110 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 02/xx/2025 | Acknowledged | FCRE3843 | Credit | Guideline Seasoning not Met | The required number of months reserves are to be seasoned does not meet Guideline requirement. XXX account balance #XXX as of XX/xx/XXXX is XXX, this includes a $XXX transfer from checking account #XXX. Gift funds of $XXX from spouse was deposited into #XXX on XX/xx/XXXX. Reduced the $XXX by $XXX as seasoning requirement was not met. Reduction of funds resulted in short reserves by $ XXX (Total assets of XXX + XXX – XXX = XXX. XXX – XXX cash to close = XXX for reserves. Total reserves required are XXX. | Document Uploaded. | 02/xx/2025 | Lender exception received, approved for reserves does not meet XXX months ; compensating factors; FICO above the minimum by XXX points or higher, XXX years in current job. | 02/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A D | C D A | C D A | C D A | C D A | C B A | A B | A B | A B | A B | A |
| 131110 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 02/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML escrow established, appraisal requirement met |  |  | HPML compliant | 02/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A D | C D A | C D A | C D A | C D A | C B A | A B | A B | A B | A B | A |
| 131110 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 02/xx/2025 | Resolved | finding-3635 | Compliance | Charges That In Total Cannot Increase More Than XXX% Test | This loan failed the charges that in total cannot increase more than XXX% test. (XXX CFR §XXX(e) (XXX) (ii)) The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §XXX(e) (XXX) (ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% 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 §XXX(e) (XXX) (i) by more than XXX 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 §XXX(e) (XXX) (vi). TILA 130B Cure Required - Refund in the amount of $XXX required. The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance. Cure package requires PCCD, LOE, copy of refund check, proof of delivery, or valid coc. Loan file is missing the SSPL so all title charges were tested as XXX% tolerance. | Document Uploaded. | 02/xx/2025 | SSPL provided; exception resolved; SSPL provided; exception resolved | 02/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A D | C D A | C D A | C D A | C D A | C B A | A B | A B | A B | A B | A |
| 131110 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 02/xx/2025 | Acknowledged | FCRE1440 | Credit | Housing History Does Not Meet Guideline Requirements | Housing History Does Not Meet Guideline Requirements Per Guidelines, ITIN Borrowers must have a housing history of XXX. However, the Borrower lived rent free and did not have any prior housing history. A Lender exception was granted allowing no housing history on ITIN loan. Compensating factors: XXX years in current job and FICO above the minimum by XXX points or higher. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A D | C D A | C D A | C D A | C D A | C B A | A B | A B | A B | A B | A |
| 131110 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 02/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A D | C D A | C D A | C D A | C D A | C B A | A B | A B | A B | A B | A |
| 134009 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE0377 | Credit | The Total Hazard Coverage is LESS than the Required Coverage Amount | The hazard insurance dwelling coverage of ($) is insufficient, not meeting the required coverage amount of ($XXX). |  |  |  | 05/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 134009 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 03/xx/2025 | Resolved | FCOM1233 | Credit | The Final 1003 is Incomplete | The Final 1003 is Incomplete The Final 1003 reflects that the Borrower is a XXX. The Fraud Report in the loan file reflects that the Borrower is a XXX from XXX. | Document Uploaded. UPloading Patriot Act Form that matches the ID in file. It was just a mistake by the notary. Please review. Borrower is a citizen, with a Drivers License, and the XXX is correct.; The items we send for fraud are the LDP/GSA/SAM report. I do not see anything that hit on our borrower for this. Can you please be specific where you found this information? TY | 04/xx/2025 | The Final 1003 is Present; Exception Resolved. The Final 1003 is Present; Exception remains, The Final 1003 is Incomplete The Final 1003 reflects that the Borrower is a XXX. However, the USA Patriot Act Form in the loan file reflects that the Borrower is a U.S. XXX with a XXX Registration card ID # XXX-XXX-XXX with issuance date XX/xx/XXXX expiration date XX-XXX-XXX from XXX pg XXX. Also, the Statement of information in the loan file reflects the Borrower has been a US resident since XXX born in XXX pg XXX. Need updated Final 1003 and XXX registration card. | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 134009 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 03/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML is compliant and allowed per lender's guidelines; therefore, downgraded to A. |  |  | HPML compliant | 03/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 134009 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 03/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. No property findings. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 134009 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 03/xx/2025 | Resolved | finding-2838 | Compliance | OK HOEPA Higher-Priced Mortgage Loan Test | This loan failed the OK HOEPA higher-priced mortgage loan test. The loan is a higher-priced mortgage loan, as defined in the legislation. For more information please see the Oklahoma Higher-Priced Mortgage Loan Article section of the full ComplianceAnalyzer report.While the Oklahoma HOEPA Higher-Priced Mortgage Loan provisions specify that lenders may lawfully make this type of loan subject to certain conditions, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML is compliant and allowed per lender's guidelines; therefore, downgraded to A. |  |  | Cleared | 03/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 136059 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 03/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML Loan with established escrows and appraisal requirements have been met. HPML Downgraded |  |  | HPML compliant | 04/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136059 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 03/xx/2025 | Resolved | finding-2962 | Compliance | XXX Higher-Priced Mortgage Loan Test | This loan failed the XXX higher-priced mortgage loan test. (XXX, XXX Financial Code Division 1.9 4995(a)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the XXX Financial Code.While the XXX Financial Code provisions specify that lenders may lawfully make this type of loan subject to certain disclosure requirements and additional limitations, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML Loan with established escrows and appraisal requirements have been met. HPML Downgraded |  |  | HPML compliant | 04/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136059 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136059 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | No Property Findings. Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136028 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML Loan with established escrows and appraisal requirements have been met. HPML Downgraded |  |  | HPML compliant | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136028 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136028 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136056 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML Loan with established escrows and appraisal requirements have been met. HPML Downgraded |  |  | HPML compliant | 04/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136056 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-2623 | Compliance | XXX Higher-Priced Mortgage Loan Test | This loan failed the XXX higher-priced mortgage loan test. (XXX XXX 09030602B(XXX) , XXX 09030902B(XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the Code of XXX Regulations (XXX).While the XXX XXX provisions specify that lenders can legally make this type of loan subject to certain disclosure requirements, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML Loan with established escrows and appraisal requirements have been met. HPML Downgraded |  |  | HPML compliant | 04/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136056 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | No Credit Findings. The loan meets all applicable credit guidelines. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136056 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | No Property Findings. Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136025 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML Loan with established escrows and appraisal requirements have been met. HPML Downgraded |  |  | HPML compliant | 04/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. C A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 136025 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-3532 | Compliance | Initial Closing Disclosure Delivery Date Test | This loan failed the initial closing disclosure delivery date test due to one of the following findings:(XXX CFR §XXX(f) (XXX) (ii)) The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §XXX(f) (XXX) (i) no later than three business days before consummation. File is missing Initial CD. | Document Uploaded. | 04/xx/2025 | Initial CD received; exception resolved; Initial CD received; exception resolved | 04/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. C A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 136025 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. C A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 136025 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. C A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 136033 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136033 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136033 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136030 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML Loan with established escrows and appraisal requirements have been met. HPML Downgraded |  |  | HPML compliant | 04/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 136030 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-2962 | Compliance | XXX Higher-Priced Mortgage Loan Test | This loan failed the XXX higher-priced mortgage loan test. (XXX, XXX Financial Code Division 1.9 4995(a)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the XXX Financial Code.While the XXX Financial Code provisions specify that lenders may lawfully make this type of loan subject to certain disclosure requirements and additional limitations, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML Loan with established escrows and appraisal requirements have been met. HPML Downgraded |  |  | HPML compliant | 04/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 136030 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-3635 | Compliance | Charges That In Total Cannot Increase More Than XXX% Test | This loan failed the charges that in total cannot increase more than XXX% test. (XXX CFR §XXX(e) (XXX) (ii)) The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §XXX(e) (XXX) (ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% 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 §XXX(e) (XXX) (i) by more than XXX 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 §XXX(e) (XXX) (vi). TILA 130b Cure required: Cure of $XXX required for increase in title charges that exceed the aggregate plus XXX%. An additional escrow fee of $XXX was added to the Initial CD without valid COC. Cure requires PCCD, LOE, copy of refund check, and proof of mailing. | Document Uploaded. Hi, the $XXX is actually a Concurrent Loan Services Fee to XXX. It was disclosed on the LE as Loan Tie-In Fee. But since we didn't have a Drop Down for Concurrent Loan Services, the disclosure changed it to Escrow Fee instead of leaving it as Loan Tie-In. Please let me know if you want me to change it back to Loan Tie-In and I will update the PCCD. | 04/xx/2025 | PCCD with updated recording fees provided; Exception resolved; PCCD with updated recording fees provided; Exception resolved | 04/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 136030 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 136030 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 136003 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (XXX CFR XXX(a) (XXX)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-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. (XX/xx/XXXX.XXX(a) (XXX)). The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation date of XXX | Document Uploaded. | 04/xx/2025 | Evidence of appraisal delivery provided. | 04/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | B C A | C A | C A | C A | C A | C B A | B A | B A | B A | B A | B |
| 136003 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE1491 | Credit | Asset Qualification Does Not Meet Guideline Requirements | Asset Qualification Does Not Meet Guideline Requirements Sufficient funds to close are not properly documented. WIred funds XXX #XXX on XX/xx/XXXX are $XXX, funds verified XXX #XXX as of XX/xx/XXXX are $XXX. | The funds to close is $XXX. Our assets are at XXX = XXX / XXX = XXX months in reserves. | 04/xx/2025 | Asset Qualification Meets Guideline Requirements; Updated bank Statement thru XX/xx/XXXX was provided. | 04/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | B C A | C A | C A | C A | C A | C B A | B A | B A | B A | B A | B |
| 136003 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCOM3531 | Compliance | Higher-Priced Mortgage Loan Evidence of Appraisal Delivery to the Borrower Not Provided (XX/xx/XXXX.XXX(c) (XXX)) | Evidence of Appraisal Delivery to the Borrower Not Provided. File is missing proof the appraisal was provided at least XXX days prior to consummation | Document Uploaded. | 04/xx/2025 | Evidence of Appraisal Delivery to the Borrower Provided. | 04/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | B C A | C A | C A | C A | C A | C B A | B A | B A | B A | B A | B |
| 136003 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. Unable to downgrade HPML exception' missing proof that the borrower received a copy of their appraisal at least XXX days prior to closing. |  |  | appraisal receipt provided, HPML compliant; Exception resolved | 04/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | B C A | C A | C A | C A | C A | C B A | B A | B A | B A | B A | B |
| 136003 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Cured | finding-3634 | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (XXX CFR §XXX(e) (XXX) (i)) The loan contains charges that exceed the good faith determination according to §XXX(e) (XXX) (i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.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 §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e) (XXX) (i). TILA 130b Cure Required. Refund in the amount of $XXX, 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 $XXX is due the increase in appraisal fee. The COC in file indicates the reason as receipt of an invoice which is not a valid COC | Document Uploaded. | 04/xx/2025 | cure package provided to the borrower; exception downgraded to a 2/B | 04/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | B C A | C A | C A | C A | C A | C B A | B A | B A | B A | B A | B |
| 136054 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM: Exempt | Loan Review Complete | 04/xx/2025 | Resolved | FCRE9785 | Credit | Purchase Contract is Incomplete | Loan Purpose is Purchase but Purchase Contract Doc is Incomplete Please provide a copy of the fully executed purchase contract, as the copy in the file is not signed by the property seller. | Document Uploaded. | 04/xx/2025 | Purchase Contract Doc is complete.; All pages of the purchase contract signed by the seller was received. | 04/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A B | A B | A B | A B | A B | A | A | A | A | A | A |
| 136054 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM: Exempt | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A B | A B | A B | A B | A B | A | A | A | A | A | A |
| 139036 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139036 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139036 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139041 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE1440 | Credit | Housing History Does Not Meet Guideline Requirements | Housing History Does Not Meet Guideline Requirements Missing VOR | VOM on page XXX of package | 04/xx/2025 | Housing History Meets Guideline Requirements | 04/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. D A C | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139041 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE5116 | Credit | Missing VOM or VOR | Verification of Rent (VOR) /Verification of Mortgage (VOM) Document is Missing. Missing VOR in file | Document Uploaded. on page XXX of the package | 04/xx/2025 | Verification of Rent (VOR) /Verification of Mortgage (VOM) Document is not Missing | 04/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139041 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML is compliant and allowed per lender's guidelines; therefore, downgraded to A. |  |  | HPML compliant | 04/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139041 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-2261 | Compliance | XXX rate spread Home Loan Test | This loan failed the XXX rate spread home loan test. (NC GS §XXX-11F(a) (XXX)) The loan is a rate spread home loan, as defined in the legislation. For more information please see the XXX Rate Spread Home Loan Article section of the full ComplianceAnalyzer report.While the XXX Rate Spread Home Loan provisions specify that lenders can legally make this type of loan subject to certain conditions, some lenders and secondary market investors may prefer not to fund or buy rate spread home loans even if the additional conditions are met. HPML Loan with established escrows and appraisal requirements have been met. HPML Downgraded |  |  | HPML compliant | 04/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139027 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/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 XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139027 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139027 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136034 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM: Exempt | Loan Review Complete | 04/xx/2025 | Resolved | FCOM1233 | Credit | The Final 1003 is Incomplete | The Final 1003 is Incomplete The Final 1003 reflects a monthly income of $XXX. The subject loan is a XXX month bank Statement. The Lender used $XXX, Audit used $XXX. The Lender income used XXX% of the deposits with XXX% ownership of the company. The Audit used an expense factor of XXX% and XXX% ownership per the S/E Questionnaire on page XXX. The DTI increased from XXX% to XXX% | Document Uploaded. | 04/xx/2025 | The Final 1003 is Present; An updated XXX approval and XXX application with an income of $XXX was received. | 04/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 136034 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM: Exempt | Loan Review Complete | 04/xx/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | Transaction meets BP guidelines. Transaction is a cash out refinance and is exempt from TRID/QM. According to the XXX letter on pages XXX & XXX, that no part of the proceeds of the loan will be used for consumer purpose. The loan is in compliance with all applicable laws and regulations. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 136034 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM: Exempt | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | No property findings. Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139048 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | No property findings. Property and valuations related findings were not identified on the loan. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139048 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | No credit findings. The loan meets all applicable credit guidelines. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139048 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139015 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE9995 | Credit | XXX Reserves are less than Guideline Required Reserves (Dollar Amount) | XXX Reserves of $XXX are less than Guideline Required Reserves of $XXX. Insufficient reserves. $XXX reserves required. Borrower has no assets/reserves post close. | Document Uploaded. VOD with revised XXX-XXX is attached. Borrower has XXX months available. XXX months is required. | 04/xx/2025 | XXX Reserves of $XXX are equal to or greater than AUS Required Reserves of $XXX.; XXX Reserves of $XXX are less than Guideline Required Reserves of $XXX.; XXX/XXX provided, VOD provided | 04/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139015 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE1241 | Credit | Purchase Contract is Missing | Loan Purpose is Purchase but Purchase Contract Doc is Missing |  |  | Loan Purpose is Purchase but Purchase Contract Doc is Missing; Purchase Contract Doc is not Missing, or is XXX.; Purchase Contract Doc is not Missing, or is XXX. | 04/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139015 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139015 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 136009 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| Borrower has stable job time - Borrower has XXX years on job. \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136009 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| Borrower has stable job time - Borrower has XXX years on job. \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136009 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| Borrower has stable job time - Borrower has XXX years on job. \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139069 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCOM9186 | Compliance | eSigned Documents Consent is Missing | The eSigned consent disclosure is missing. The eSigned documents consent is missing. | Document Uploaded. | 04/xx/2025 | Evidence of eConsent is provided. | 04/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | B | A D C | B D C | B D C | B D C | B D C | B A | A | A | A | A | A |
| 139069 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE1182 | Credit | Approval/Underwriting Summary Not Provided | Missing Approval/Underwriting Summary. Please provide the complete XXX/Underwriting Transmittal Summary and the Lender's loan approval including the credit grade and which underwriting matrix was being used. | Document Uploaded. please see page XXX of attachment to show our credit grade being used. | 04/xx/2025 | Approval/Underwriting Summary is fully present; XXX Underwriting and Transmittal Summary was received. | 04/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | B | A D C | B D C | B D C | B D C | B D C | B A | A | A | A | A | A |
| 139069 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCOM1231 | Credit | The Initial XXX is Missing | The Initial XXX is Missing Please provide the fully completed initial XXX with all pages, including the signature and date from the loan Originator. | Document Uploaded. | 04/xx/2025 | The Initial XXX is Present; All pages of initial XXX application, signed by the borrower and loan Originator was received. | 04/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | B | A D C | B D C | B D C | B D C | B D C | B A | A | A | A | A | A |
| 139069 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE9785 | Credit | Purchase Contract is Incomplete | Loan Purpose is Purchase but Purchase Contract Doc is Incomplete Please provide the sales contract or contract addendum for the subject property adding our borrower, XXX as a purchaser/borrower. | Document Uploaded. | 04/xx/2025 | Purchase Contract Doc is complete.; Amended Escrow Instructions indicate borrower XXX was added to the Purchase Agreement and Joint Escrow Instructions dated XX/xx/XXXX. | 04/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | B | A D C | B D C | B D C | B D C | B D C | B A | A | A | A | A | A |
| 139069 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FVAL9739 | Property | Property/Appraisal General | Property/Appraisal guideline violation: Please provide a corrected appraisal reflecting the borrower as XXX. | Document Uploaded. | 04/xx/2025 | Property/Appraisal Meets Guidelines; Updated Appraisal received indicates the borrower as XXX. | 04/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | B | A D C | B D C | B D C | B D C | B D C | B A | A | A | A | A | A |
| 136040 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML Loan with established escrows and appraisal requirements have been met. HPML Downgraded |  |  | HPML compliant | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136040 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | No property findings. Property and valuations related findings were not identified on the loan. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136040 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139059 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE1146 | Credit | Title Document is Partially Present | Title Document is incomplete or only partially present The loan amount is $XXX, the Title Commitment is for $XXX. The loan amount is $XXX, the Title Commitment is for $XXX. | Document Uploaded. | 04/xx/2025 | Title Document is fully Present; Commitment provided for lien amount | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139059 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE1148 | Credit | Title Coverage is Less than Subject Lien | Title Coverage Amount of $XXX is Less than Total Amount of Subject Lien $XXX The loan amount is $XXX, the Title Commitment is for $XXX. | Document Uploaded. | 04/xx/2025 | Title Coverage Amount of $XXX is equal to or greater than Total Amount of Subject Lien $XXX; commitment provided for lien amount | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX D A B | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139059 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML with established escrows and appraisal requirements met. Exception downgraded. |  |  | HPML compliant | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139059 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-2502 | Compliance | XXX Nonprime Home Loan Test | This loan failed the XXX Nonprime home loan test.The loan is a nonprime home loan, as defined in the legislation. For more information please see the Connecticut Nonprime Home Loan Article section of the full ComplianceAnalyzer report.While the Connecticut Nonprime Home Loan provisions specify that lenders may lawfully make this type of loan subject to certain conditions, some lenders and secondary market investors may prefer not to fund or buy nonprime home loans even if the additional conditions are met. HPML with established escrows and appraisal requirements met. Exception downgraded. |  |  | HPML compliant | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139059 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139063 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML Compliant. |  |  | HPML compliant | 04/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139063 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-2962 | Compliance | XXX Higher-Priced Mortgage Loan Test | This loan failed the XXX higher-priced mortgage loan test. (XXX, XXX Financial Code Division 1.9 4995(a)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the XXX Financial Code.While the XXX Financial Code provisions specify that lenders may lawfully make this type of loan subject to certain disclosure requirements and additional limitations, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML Compliant. |  |  | HPML compliant | 04/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139063 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139063 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139055 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE1440 | Credit | Housing History Does Not Meet Guideline Requirements | Housing History Does Not Meet Guideline Requirements Missing VOM. No history in file | Hi, per our UW - They have no mortgages on either property and they have been in the subject for XXX years so no rental history either. | 04/xx/2025 | Housing History Meets Guideline Requirements; Borrower owned property with no lien for XXX years | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139055 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE5116 | Credit | Missing VOM or VOR | Verification of Rent (VOR) /Verification of Mortgage (VOM) Document is Missing. Missing VOM | Hi, per our UW - They have no mortgages on either property and they have been in the subject for XXX years so no rental history either. | 04/xx/2025 | Verification of Rent (VOR) /Verification of Mortgage (VOM) Document is not Missing; Borrower owned property with no lien for XXX years | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139055 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML with established escrows and appraisal requirements met. Exception downgraded. |  |  | HPML compliant | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139055 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139054 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139054 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139054 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/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 XXX years on job. \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139068 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Cured | finding-3634 | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (XXX CFR §XXX(e) (XXX) (i)) The loan contains charges that exceed the good faith determination according to §XXX(e) (XXX) (i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.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 §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e) (XXX) (i). TILA 130b Cure required: Cure of $XXX required for increase in credit report. Initial CD issued XX/xx/XXXX shows credit report fee of $XXX; $XXX paid by borrower and $XXX paid by other. COC provided indicates broker cure applied; however, broker cure of $XXX only documented on CD. Cure requires PCCD, LOE, copy of refund check, and proof of mailing. | Document Uploaded. | 04/xx/2025 | Cure package provided to the borrower; exception downgraded to a 2/B | 04/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | B C A | C A | C A | C A | C A | C B A | B A | B A | B A | B A | B |
| 139068 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | B C A | C A | C A | C A | C A | C B A | B A | B A | B A | B A | B |
| 139068 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | B C A | C A | C A | C A | C A | C B A | B A | B A | B A | B A | B |
| 139062 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE5116 | Credit | Missing VOM or VOR | Verification of Rent (VOR) /Verification of Mortgage (VOM) Document is Missing. Missing VOM | Property profile in docs; This is a refi, borrower has lived at home for over XXX years | 04/xx/2025 | Verification of Rent (VOR) /Verification of Mortgage (VOM) Document is not Missing; Borrower owned property with no lien for XXX years | 04/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139062 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE1440 | Credit | Housing History Does Not Meet Guideline Requirements | Housing History Does Not Meet Guideline Requirements Refi cashout no housing history in file | Borrower owns the home for more than XXX years | 04/xx/2025 | Housing History Meets Guideline Requirements; Borrower owned property with no lien for XXX years | 04/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139062 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | HPML Compliant This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. |  |  | HPML compliant | 04/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139061 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML Loan with established escrows and appraisal requirements have been met. HPML Downgraded |  |  | HPML Compliant | 04/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139061 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139061 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139052 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE1437 | Credit | Income and Employment Do Not Meet Guidelines | Income and Employment Do Not Meet Guidelines The lender has considered business bank Statements from XXX XXX to XXX XXX for income calculation. The XXX XXX business bank Statement (XXX #XXX) is missing from the loan. Please provide all pages of the XXX XXX business bank Statement (XXX #XXX). Without this bank Statement, the $XXX per monthnth in income is not supported. | Document Uploaded. Hi, please see attached. | 04/xx/2025 | Income and Employment Meet Guidelines; XXX XXX XXX Statement provided | 04/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 139052 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML Loan with established escrows and appraisal requirements have been met. HPML Downgraded. |  |  | HPML Compliant | 04/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 139052 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 136052 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM: Exempt | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136052 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM: Exempt | Loan Review Complete | 04/xx/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 XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139085 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML Loan with established escrows and appraisal requirements have been met. HPML Downgraded. |  |  | HPML Compliant | 04/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139085 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139085 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136050 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE1438 | Credit | ATR Risk | ATR Risk Borrower's income of $XXX monthly is not supported, income calculator reflects $XXX monthly. Unable to confirm additional $XXX as listed on the XXX. | Document Uploaded. New XXX | 04/xx/2025 | ATR Risk Resolved; New XXX provided; XXX received | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 136050 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE1437 | Credit | Income and Employment Do Not Meet Guidelines | Income and Employment Do Not Meet Guidelines Borrower's income of $XXX monthly is not supported, income calculator reflects $XXX monthly. Unable to confirm additional $XXX as listed on the XXX. | Document Uploaded. New XXX | 04/xx/2025 | Income and Employment Meet Guidelines | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 136050 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE1495 | Credit | ATR: Current Employment Not Verified | ATR: Current Employment Not Verified ITIN - Purchase Owner Occupied - A+ XXX Month ALT DOC - XXX% Owner - XXX% Expense factor. XX/xx/XXXX. Borrower's income of $XXX monthly is not supported, income calculator reflects $XXX monthly. Unable to confirm additional $XXX as listed on the XXX. | Document Uploaded. new XXX | 04/xx/2025 | ATR: Current Employment Was Verified; New XXX provided | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 136050 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE1497 | Credit | ATR: XXX Income or Assets Not Considered | ATR: XXX Income or Assets Not Considered ITIN - Purchase Owner Occupied - A+ XXX Month ALT DOC - XXX% Owner - XXX% Expense factor. XX/xx/XXXX.Borrower's income of $XXX monthly is not supported, income calculator reflects $XXX monthly. Unable to confirm additional $XXX as listed on the XXX. | NEw XXX with correct income | 04/xx/2025 | ATR: XXX Income or Assets Was Considered; Updated XXX provided | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 136050 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 139056 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML Loan with established escrows and appraisal requirements have been met. HPML Downgraded |  |  | HPML compliant | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139056 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139056 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136008 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-3634 | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (XXX CFR §XXX(e) (XXX) (i)) The loan contains charges that exceed the good faith determination according to §XXX(e) (XXX) (i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.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 §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e) (XXX) (i). TILA 130b Cure Required Refund in the amount of $XXX Cure Package requires a PCCD, LOE, Copy of refund check and proof of delivery to the borrower OR Valid COC. The Zero tolerance violation is due to the increase in Discount Points on the Final CD dated XXX and no COC was found in the file to determine the date of change Please provide a Valid COC or Cure Package. | Document Uploaded. please see COC attached for discount fees. TY | 04/xx/2025 | Valid COC for rate lock extension provided; exception resolved; Valid COC for rate lock extension provided; exception resolved | 04/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136008 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | No credit findings. The loan meets all applicable credit guidelines. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136008 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | No property findings. Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139058 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML Loan with established escrows and appraisal requirements have been met. HPML Downgraded |  |  | HPML compliant | 04/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139058 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139058 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136038 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM: Exempt | Loan Review Complete | 04/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136038 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM: Exempt | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136038 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM: Exempt | Loan Review Complete | 04/xx/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139078 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139078 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139078 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139043 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML is compliant and allowed per lender's guidelines; therefore, downgraded to A. |  |  | HPML compliant | 05/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 139043 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-3634 | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (XXX CFR §XXX(e) (XXX) (i)) The loan contains charges that exceed the good faith determination according to §XXX(e) (XXX) (i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.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 §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e) (XXX) (i). TILA 130b Cure Required Refund in the amount of $XXX Cure Package requires a PCCD, LOE, Copy of refund check and proof of delivery to the borrower OR Valid COC. The Zero tolerance violation is due to the increase in Discount Points on the CD dated XXX and no COC was found in the file explaining the reason for why the fee increased. | Document Uploaded. ; Document Uploaded. | 04/xx/2025 | Valid COC provided; exception resolved; Valid COC provided; exception resolved; The COC was provided for the XXX/XXX LE, however the discount points increased again on the CD dated XX/xx/XXXX. The COC for that date was not provided | 05/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 139043 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | No property findings. Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 139043 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | No credit findings. The loan meets all applicable credit guidelines. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 139102 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML Loan with established escrows and appraisal requirements have been met. HPML Downgraded |  |  | HPML compliant | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139102 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | finding-2623 | Compliance | XXX Higher-Priced Mortgage Loan Test | This loan failed the XXX higher-priced mortgage loan test. (XXX XXX 09030602B(XXX) , XXX 09030902B(XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the Code of XXX Regulations (XXX).While the XXX XXX provisions specify that lenders can legally make this type of loan subject to certain disclosure requirements, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML Loan with established escrows and appraisal requirements have been met. HPML Downgraded |  |  | HPML compliant | 04/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139102 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | No Credit Findings. The loan meets all applicable credit guidelines. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139102 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | No Property Findings. Property and valuations related findings were not identified on the loan. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 136029 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM: Exempt | Loan Review Complete | 04/xx/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Missing verification taxes and insurance are escrowed for new OREO "XXX XXX". Lender only provided copy of note for property. There is no evidence of the taxes and hazard insurance payments. Additional conditions may apply. | Document Uploaded. | 05/xx/2025 | XXX XXX verified. | 05/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 136029 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM: Exempt | Loan Review Complete | 04/xx/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 136029 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM: Exempt | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139023 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCRE1438 | Credit | ATR Risk | ATR Risk Missing XXX/XXX bank Statement used for income. | Document Uploaded. | 05/xx/2025 | ATR Risk Resolved; XXX XXX business bank Statement received for acct XXX validates deposits and income used. | 05/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 139023 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCRE1497 | Credit | ATR: XXX Income or Assets Not Considered | ATR: XXX Income or Assets Not Considered Missing XXX/XXX bank Statement used for income | Document Uploaded. | 05/xx/2025 | ATR: XXX Income or Assets Was Considered; XXX XXX business bank Statement received for acct XXX validates deposits and income used. | 05/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 139023 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FCRE1344 | Credit | Borrower 1 Business Bank Statements Less Than XXX Months Provided | Missing XXX bank Statement for XXX/XXX. This Statement was included in income calculation but is missing from file. Please provided XXX bank Statement for XXX/XXX. | Document Uploaded. | 05/xx/2025 | XXX XXX business bank Statement received for acct XXX validates deposits and income used. | 05/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 139023 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/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 XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 139023 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 141961 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | HPML is compliant This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. |  |  | HPML compliant | 05/xx/2025 | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 141961 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 141961 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | No credit findings. The loan meets all applicable credit guidelines. |  |  |  |  | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 141972 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCRE1157 | Credit | Hazard Insurance Policy is Missing | Missing Hazard Insurance Policy A Hazard Insurance Policy for the subject property with an effective date of prior to or the day of closing was not found. Please provide a copy of the Hazard Insurance Policy with sufficient coverage. | Document Uploaded. | 05/xx/2025 | Hazard Insurance Policy is fully present; Received the hazard insurance policy for the subject property with an effective date of XX/xx/XXXX. | 06/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX of XXX is greater than Guideline minimum FICO of XXX D A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 141972 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCOM1266 | Compliance | Homeownership Counseling Disclosure Is Missing | Homeownership Counseling Disclosure Is Missing Please provide evidence Borrower received Homeownership Counseling Disclosure. | Document Uploaded. ; Document Uploaded. | 05/xx/2025 | Homeownership Counseling Disclosure Is Present or XXX; The homeownership counseling disclosure provided is not dated within XXX day of application. | 06/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX of XXX is greater than Guideline minimum FICO of XXX D A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 141972 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX of XXX is greater than Guideline minimum FICO of XXX D A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 141962 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FPRO9990 | Property | Third Party Valuation Product Not Provided within XXX% Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. Third Party Valuation Product Not Provided or Not Provided Within Tolerance. | Document Uploaded. there are two appraisals dated the same day but performed by separate appraisers | 05/xx/2025 | Third party valuation product provided within tolerance.; Received XXX appraisals for the subject property. | 05/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 141962 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FPRO0936 | Property | UCDP Summary Report is Missing |  | With two full appraisals, UCDP's are not required | 05/xx/2025 | A 2nd full appraisal was provided. | 05/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 141962 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Acknowledged | FVAL5472 | Property | Property or house size is outside of guidelines | Per Guidelines Rural Second Home may be considered when the subject has <= XXX acres up to a max LTV of XXX%. The subject has XXX acres. Lender exception has been provided. | Document Uploaded. ; Document Uploaded. | 05/xx/2025 | Received Approved Lender Exception request: XXX on XXX acres. Compensating factors; XXX months reserves greater than program requirement; XXX years in current job. | 05/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 141962 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 141962 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/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 XXX years on job. \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 139016 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML Loan with established escrows and appraisal requirements have been met. HPML Downgraded |  |  | HPML compliant | 05/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139016 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | No property findings. Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139016 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | No credit findings. The loan meets all applicable credit guidelines. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 141987 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCOM1669 | Compliance | XXX § XXX-6a-XXX(XXX) (G) (ii) - Attorney Preference, Right to Choose Attorney disclosure was not provided | XXX. § XXX-6a-XXX(XXX) (G) (ii) - Attorney Preference, Right to Choose Attorney disclosure was not provided. | Document Uploaded. | 05/xx/2025 | XXX § XXX-6a-XXX(XXX) (G) (ii) - Attorney Preference, Right to Choose Attorney disclosure was provided. | 06/xx/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. D A | C | A D | C D | C D | C D | C D | C A | A | A | A | A | A |
| 141987 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCRE5782 | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing | Document Uploaded. | 05/xx/2025 | Borrower 1 Gap Credit Report is not missing.; Gap credit report dated XX/xx/XXXX has been provided. | 06/xx/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. D A | C | A D | C D | C D | C D | C D | C A | A | A | A | A | A |
| 141987 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCRE1440 | Credit | Housing History Does Not Meet Guideline Requirements | Housing History Does Not Meet Guideline Requirements Missing housing history from XXX#XXX. | Document Uploaded. | 05/xx/2025 | Housing History Meets Guideline Requirements; VOM for subject property has been provided. | 06/xx/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. D A | C | A D | C D | C D | C D | C D | C A | A | A | A | A | A |
| 141987 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FPRO1242 | Property | Appraisal is Missing | Appraisal is Missing. | Document Uploaded. | 05/xx/2025 | Appraisal is Present or is Waived; XXX/Appraisal has been provided for the subject property. | 06/xx/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. D A | C | A D | C D | C D | C D | C D | C A | A | A | A | A | A |
| 141987 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCRE1164 | Credit | Flood Insurance Policy Missing | Missing Flood Insurance Policy | Document Uploaded. | 05/xx/2025 | Flood Insurance Policy is fully present; Flood Insurance policy for the subject property has been provided. | 06/xx/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. D A | C | A D | C D | C D | C D | C D | C A | A | A | A | A | A |
| 141987 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCRE1157 | Credit | Hazard Insurance Policy is Missing | Missing Hazard Insurance Policy | Document Uploaded. | 05/xx/2025 | Hazard Insurance Policy is fully present; Hazard insurance and replacement cost estimate has been provided for the subject property. | 06/xx/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. D A | C | A D | C D | C D | C D | C D | C A | A | A | A | A | A |
| 141987 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCRE1193 | Credit | XXX DTI Exceeds Guideline DTI | XXX DTI of XXX% exceeds Guideline DTI of XXX% Audit income matches Lender. However, the liabilities from credit report are higher than what the lender used. DTI above the max allowed of XXX%. | Rebuttal - The XXX was excluded from the ratios as it is an AUTH USER account. The XXX was excluded as it is paid by the business which is evidenced by the bank Statements in the file. It meets the threshold for exclusion.; Provide a breakdown of the debts used so that we can recon. We will never be able to back into what the discrepancy is just citing %'s. Please include this level of detail in all future reviews (if unsure what is being asked, please reach out to XXX for clarity/direction).; Document Uploaded. | 06/xx/2025 | XXX DTI of XXX% is less than or equal to Guideline DTI of XXX%; Lock request showing DTI > XXX% received. ; Lock confirmations received showing DTI > XXX%. This doesn't cure the outstanding finding. XXX DTI of XXX% exceeds Guideline DTI of XXX% Audit income matches Lender. However, the liabilities from credit report are higher than what the lender used. DTI above the max allowed of XXX%. | 06/xx/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. D A | C | A D | C D | C D | C D | C D | C A | A | A | A | A | A |
| 141987 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCRE1325 | Credit | Borrower 1 CPA Letter Missing | Borrower 1 CPA Letter Missing Missing CPA letter confirming XXX% expense factor used by Lender. | Document Uploaded. ; Document Uploaded. ; Document Uploaded. | 05/xx/2025 | Borrower 1 CPA Letter Provided; A CPA letter confirming XXX% expense factor for XXX was received. ; CPA letter dated XXX/XXX verifying XXX% expense factor applied as per the XXX loan approval is missing. Condition remains.; CPA letter was not provided. Borrower 1 CPA Letter Missing Missing CPA letter confirming XXX% expense factor used by Lender. | 06/xx/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. D A | C | A D | C D | C D | C D | C D | C A | A | A | A | A | A |
| 141957 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCOM2368 | Compliance | Loan Origination Company NMLS Status is Not Active | Loan Origination Company NMLS Status is Not Active | Document Uploaded. | 05/xx/2025 | Loan Origination Company NMLS Status is Active; Lender's NMLS received for XXX/Florida. | 05/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. D A C | C | A D | C D | C D | C D | C D | C A | A | A | A | A | A |
| 141957 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCRE5782 | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing | Document Uploaded. | 05/xx/2025 | Borrower 1 Gap Credit Report is not missing.; Gap credit report received. | 05/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. D A | C | A D | C D | C D | C D | C D | C A | A | A | A | A | A |
| 141957 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FPRO1242 | Property | Appraisal is Missing | Appraisal is Missing. | Document Uploaded. | 05/xx/2025 | Appraisal is Present or is Waived; Appraisal received for subject property. | 05/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. D A | C | A D | C D | C D | C D | C D | C A | A | A | A | A | A |
| 141957 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCRE1201 | Credit | Third Party Fraud Report not Provided | Missing Third Party Fraud Report | Document Uploaded. | 05/xx/2025 | Third Party Fraud Report is provided; Fraud report received. | 05/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. D A | C | A D | C D | C D | C D | C D | C A | A | A | A | A | A |
| 141957 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCOM9186 | Compliance | eSigned Documents Consent is Missing | The eSigned consent disclosure is missing. The eSigned documents consent is missing. | Document Uploaded. | 05/xx/2025 | E consent provided, exception resolved; Evidence of eConsent is provided. | 05/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. D A | C | A D | C D | C D | C D | C D | C A | A | A | A | A | A |
| 141957 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FPRO1137 | Property | The appraiser was not licensed (Primary Value) | Primary Value appraiser's license was not effective prior to the Valuation Date or expired prior to the Valuation Date |  |  | Primary Value appraiser's license was effective prior to the Valuation Date and expired after the Valuation Date Or Primary Valuation Is Not Selected Or Appraiser License Dates Are Not Provided | 05/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. D A C | C | A D | C D | C D | C D | C D | C A | A | A | A | A | A |
| 141996 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCRE5782 | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing Per Guidelines a Gap Credit Report is required within XXX days of closing. Please provide Gap Credit Report. | Document Uploaded. ; Please rebuttal, CR ran on XXX/XXX, closing was on XXX/XXX. | 05/xx/2025 | Borrower 1 Gap Credit Report is not missing.; Undisclosed debt monitoring report dated XX/xx/XXXX received for both borrowers. ; Trimerge credit report for both borrowers was ordered XX/xx/XXXX. The loan closed XX/xx/XXXX. The credit report is over XXX days old at the time of closing. Per lender guidelines from XX/xx/XXXX we need either a gap credit report or an undisclosed debt verification dated within XXX days of the. The mortgage/credit supplement dated XX/xx/XXXX will not suffice. ; Received lender rebuttal on document dates on credit report, note date. | 05/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 141996 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCRE5783 | Credit | Borrower 2 Gap Credit Report is Missing | Borrower 2 Gap Credit Report is Missing Per Guidelines a Gap Credit Report is required within XXX days of closing. Please provide Gap Credit Report. | Document Uploaded. ; Please rebuttal, CR ran on XXX/XXX, closing was on XXX/XXX. | 05/xx/2025 | Borrower 2 Gap Credit Report is not missing.; Undisclosed debt monitoring report dated XX/xx/XXXX received for both borrowers. ; Trimerge credit report for both borrowers was ordered XX/xx/XXXX. The loan closed XX/xx/XXXX. The credit report is over XXX days old at the time of closing. Per lender guidelines from XX/xx/XXXX we need either a gap credit report or an undisclosed debt verification dated within XXX days of the. The mortgage/credit supplement dated XX/xx/XXXX will not suffice. ; Received lender rebuttal on document dates on credit report, note date. | 05/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 141996 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | No Cure required. HPML with established escrows and appraisal requirements met. Exception downgraded to a A. This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. |  |  | HPML compliant | 05/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 141996 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139074 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | HPML with established escrows and met appraisal requirements, therefore, downgraded to grade A. This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. |  |  | HPML compliant | 05/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139074 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | finding-2962 | Compliance | XXX Higher-Priced Mortgage Loan Test | HPML with established escrows and met appraisal requirements, therefore, downgraded to grade A. This loan failed the XXX higher-priced mortgage loan test. (XXX, XXX Financial Code Division 1.9 4995(a)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the XXX Financial Code.While the XXX Financial Code provisions specify that lenders may lawfully make this type of loan subject to certain disclosure requirements and additional limitations, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. |  |  | HPML compliant | 05/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139074 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139074 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 141982 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FPRO9990 | Property | Third Party Valuation Product Not Provided within XXX% Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. Appraisal Review product to be ordered on all loans with SSR over XXX. Missing Third Party Valuation Product. | Document Uploaded. | 06/xx/2025 | Third party valuation product provided within tolerance.; Third Party Valuation Product Not Provided or Not Provided Within Tolerance. | 06/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | B D C | C D | C D | C D | C D | C B A | B A | B A | B A | B A | B |
| 141982 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCRE1201 | Credit | Third Party Fraud Report not Provided | Missing Third Party Fraud Report Missing pages. Partial Fraud Report in file. | Document Uploaded. | 05/xx/2025 | Third Party Fraud Report is provided | 06/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | B D C | C D | C D | C D | C D | C B A | B A | B A | B A | B A | B |
| 141982 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML with established escrows and appraisal requirements met. |  |  | HPML compliant | 06/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | B D C | C D | C D | C D | C D | C B A | B A | B A | B A | B A | B |
| 141982 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Cured | finding-3634 | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (XXX CFR §XXX(e) (XXX) (i)) The loan contains charges that exceed the good faith determination according to §XXX(e) (XXX) (i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.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 §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e) (XXX) (i). TILA 130b Cure Required. Refund in the amount of $XXX; 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 $XXX is due to increase in transfer taxes on the revised CD dated XX/xx/XXXX (XXX) without a valid COC in file | Document Uploaded. ; Document Uploaded. | 06/xx/2025 | Cure package provided to the borrower; exception downgraded to a 2/B; Exception will be downgraded upon receipt of a copy of the check and proof of delivery | 06/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | B D C | C D | C D | C D | C D | C B A | B A | B A | B A | B A | B |
| 141989 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCOM1669 | Compliance | XXX § XXX-6a-XXX(XXX) (G) (ii) - Attorney Preference, Right to Choose Attorney disclosure was not provided | XXX § XXX-6a-XXX(XXX) (G) (ii) - Attorney Preference, Right to Choose Attorney disclosure was not provided. Attorney Preference, Right to Choose Attorney disclosure was not provided. | Document Uploaded. | 06/xx/2025 | XXX § XXX-6a-XXX(XXX) (G) (ii) - Attorney Preference, Right to Choose Attorney disclosure was provided. | 06/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | C | A D C | C D | C D | C D | C D | C A | A | A | A | A | A |
| 141989 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCRE5782 | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing Guidelines require a Gap Credit Report within XXX days of closing. Please provide Gap Credit Report. | Document Uploaded. ; Document Uploaded. | 06/xx/2025 | Borrower 1 Gap Credit Report is not missing.; Unable to open document. Please re-upload. | 06/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | C | A D C | C D | C D | C D | C D | C A | A | A | A | A | A |
| 141989 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FPRO9990 | Property | Third Party Valuation Product Not Provided within XXX% Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. FNMA SSR is missing to determine if Desk Review is missing | Document Uploaded. ; Document Uploaded. | 06/xx/2025 | Third party valuation product provided within tolerance.; The Fraud Report was uploaded instead of the FNMA SSR. | 06/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | C | A D C | C D | C D | C D | C D | C A | A | A | A | A | A |
| 141989 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Please provide Taxes, Insurance and HOA fee information for non-subject property. | Document Uploaded. | 06/xx/2025 |  |  | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | C | A D C | C D | C D | C D | C D | C A | A | A | A | A | A |
| 139025 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML Loan with established escrows and appraisal requirements have been met. HPML Downgraded |  |  | HPML compliant | 05/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| Borrower has stable job time - Borrower has XXX years on job. \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139025 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | No Credit Findings. The loan meets all applicable credit guidelines. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| Borrower has stable job time - Borrower has XXX years on job. \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139025 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 05/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | No Property Findings. Property and valuations related findings were not identified on the loan. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% \| Borrower has stable job time - Borrower has XXX years on job. \| Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 141971 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/xx/2025 | Acknowledged | FCRE3843 | Credit | Guideline Seasoning not Met | The required number of months reserves are to be seasoned does not meet Guideline requirement. Assets short resulting in reserves requirement not met | Document Uploaded. ; Document Uploaded. | 07/xx/2025 | Credit exception provided to meet shortage of reserves. Exception - verified assets of $XXX are short by $XXX. Approved by XXX on XX/xx/XXXX using XX/xx/XXXX guidelines. Max DTI XXX%. Max LTV XXX%, Pricing Adjustment XXX. Loan has XXX mos reserves/guides require XXX mos; Assets are required of $XXX for funds to close of $XXX and XXX-months reserves of $XXX. Asset Statements provided verified total assets of $XXX (XXX #XXX-$XXX; XXX #XXX $XXX; XXX#XXX $XXX). Verified assets of $XXX are short by $XXX. Condition remains; Updated XXX Statement #XXX - indicates proceeds from refinance of primary residence. | 07/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 141971 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/xx/2025 | Acknowledged | FCRE9995 | Credit | XXX Reserves are less than Guideline Required Reserves (Dollar Amount) | XXX Reserves of $XXX are less than Guideline Required Reserves of $XXX. Reserves short by $XXX- result of amount of assets per Final 1003 of $XXX (account XXX XXX reflected a balance $XXX, this account most recent Statement only supports a balance of $XXX leaving reserves short) | Document Uploaded. ; Document Uploaded. | 07/xx/2025 | Credit exception provided to meet shortage of reserves. Exception - verified assets of $XXX are short by $XXX. Approved by XXX on XX/xx/XXXX using XX/xx/XXXX guidelins. Max DTI XXX%. Max LTV XXX%, Pricing Adjustment XXX; Assets are required of $XXX for funds to close of $XXX and XXX-months reserves of $XXX. Asset Statements provided verified total assets of $XXX (XXX #XXX-$XXX; XXX #XXX $XXX; XXX#XXX $XXX). Verified assets of $XXX are short by $XXX. Condition remains; Updated XXX Statement #XXX - indicates proceeds from refinance of primary residence. | 07/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 141971 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 141971 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/xx/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 139301 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/xx/2025 | Resolved | FCRE9549 | Credit | Missing Credit Report Supplement | Missing credit supplement or credit documentation for the following liabilities listed on Final 1003 but not listed on credit report: XXX #XXX and XXX/XXX #XXX. | Document Uploaded. attached, pulled on XXX/XXX prior to note, and both loans are listed matching acct#'s. Please review. | 07/xx/2025 | XXX/XXX credit report provided for the borrower. Included those obligations. ; XXX/XXX credit report provided for the borrower. Included those obligations. | 07/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139301 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/xx/2025 | Resolved | finding-2261 | Compliance | XXX rate spread Home Loan Test | This loan failed the XXX rate spread home loan test. (NC GS §XXX-11F(a) (XXX)) The loan is a rate spread home loan, as defined in the legislation. For more information please see the XXX Rate Spread Home Loan Article section of the full ComplianceAnalyzer report.While the XXX Rate Spread Home Loan provisions specify that lenders can legally make this type of loan subject to certain conditions, some lenders and secondary market investors may prefer not to fund or buy rate spread home loans even if the additional conditions are met. HPML Loan with established escrows and appraisal requirements have been met. HPML Downgraded |  |  | Cleared | 07/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139301 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML Loan with established escrows and appraisal requirements have been met. HPML Downgraded |  |  | Cleared | 07/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 139301 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. \| is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 141984 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/xx/2025 | Resolved | FCRE5782 | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing The file does not contain a gap credit report dated within XXX days of the note date. | Document Uploaded. | 07/xx/2025 | Borrower 1 Gap Credit Report is not missing.; Gap credit report dated within XXX days of closing received. | 07/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. D A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 141984 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/xx/2025 | Resolved | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (XXX CFR XXX(a) (XXX)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-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. (XX/xx/XXXX.XXX(a) (XXX)). Documentation required: Provide evidence borrower received copy of appraisal at least XXX business days prior to consummation. | Document Uploaded. | 07/xx/2025 | Evidence of appraisal delivery provided. | 07/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. D A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 141984 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/xx/2025 | Resolved | FCOM3531 | Compliance | Higher-Priced Mortgage Loan Evidence of Appraisal Delivery to the Borrower Not Provided (XX/xx/XXXX.XXX(c) (XXX)) | Evidence of Appraisal Delivery to the Borrower Not Provided. Documentation required: Provide evidence of borrower receipt of appraisal. | Document Uploaded. | 07/xx/2025 | Evidence of Appraisal Delivery to the Borrower Provided. | 07/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. D A C | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 141984 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/xx/2025 | Resolved | finding-3634 | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (XXX CFR §XXX(e) (XXX) (i)) The loan contains charges that exceed the good faith determination according to §XXX(e) (XXX) (i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.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 §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e) (XXX) (i). TILA 130b Cure Required. Refund in the amount of $XXX, cure package requires a PCCD, LOE, copy of refund check, proof of delivery or valid COC. The XXX% tolerance violation in the amount of $XXX is due to the addition of Tax Service fee. COC provided does not give sufficient reason for addition of fee. | Document Uploaded. | 07/xx/2025 | Valid COC for change in program; Exception resolved; Valid COC for change in program; Exception resolved | 07/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. D A C | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 141984 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML non-compliant. Missing evidence of appraisal receipt. | Document Uploaded. | 07/xx/2025 | Appraisal delivery provided, HPML compliant; Exception resolved | 07/xx/2025 | Borrower has stable job time - Borrower has XXX years on job. D A C | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 141984 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. D A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 131985 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM: Exempt | Loan Review Complete | 09/06/2023 | Resolved | 3603 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years A | A | A | A | A | A | A | A | A | A | A | A | A |
| 131985 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM: Exempt | Loan Review Complete | 09/06/2023 | Resolved | 3782 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | is Greater than the Guideline Minimum - of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years A | A | A | A | A | A | A | A | A | A | A | A | A |
| 131965 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM: Exempt | Loan Review Complete | 5/xx/2023 | Resolved | 3782 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. C A | NA | NA C | NA C | NA C | NA C | NA C | NA | NA | NA | NA | NA | NA |
| 131965 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM: Exempt | Loan Review Complete | 5/xx/2023 | Resolved | 2578 | Credit | Housing history does not meet guidelines | Missing updated mortgage payment history from XXX/XXX XXX/XXX to present and XXX XXX/XXX to present. Also, missing prior mortgage payment history on subject from XXX from XXX/XXX-XXX/XXX to complete full XXX month payment history on subject (there was a mortgage obtained in the amount of $XXX in XXX/XXX when subject was purchased). | XXX - VOM for subject obtained. Missing updated mortgage payment history from NR/SMS XXX/XXX to present and MRC XXX/XXX to present; exception remains.; ; XXX - bank Statements provided which show monthly payments for NR/SMS and MCR. | 6/xx/2023 | Housing delinquency meets guidelines; exception resolved. | 8/xx/2023 | Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. C A | NA | NA C | NA C | NA C | NA C | NA C | NA | NA | NA | NA | NA | NA |
| 139091 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/xx/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (XXX CFR § XXX(a) (XXX)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in XXX CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML Loan with established escrows and appraisal requirements have been met. HPML Downgraded |  |  | HPML compliant | 06/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139091 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | No credit findings. The loan meets all applicable credit guidelines. |  |  | Cleared | 06/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139091 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/xx/2025 | Resolved | FPRO8998 | Property | No Property Findings | No property findings. Property and valuations related findings were not identified on the loan. |  |  | Cleared | 06/xx/2025 | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% \| Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 139342 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 02/xx/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. A major disaster was declared on XX/xx/XXXX. A property inspection report is required. | Document Uploaded. Please see attached FEMA report | 02/xx/2025 | Property Inspection Provided. | 02/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 139342 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 02/xx/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Compliant | 02/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 139342 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 02/xx/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Compliant | 02/xx/2025 | is Greater than the Guideline Minimum - of XXX is greater than Guideline minimum FICO of XXX \| Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 133990 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 3/xx/2025 | Resolved | XXX | Property | Appraisal Missing or Defective | Appraisal in file has occupancy listed as owner-occupied on a refi transaction. Please provide updated appraisal with subject's occupancy corrected to tenant-occupied. | Uploaded | 04/04/2025 | XXX: Received updated appraisal. | 04/07/2025 | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 139321 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 05/01/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139282 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 05/02/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139291 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 05/05/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139299 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 05/06/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139306 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Credit | Insufficient Assets to Close | $ XXX assets < $XXX minimum liquidity required. Please provide additional assets. | XXX/XXX: Hi, the borrower has $XXX. The funds you are referring to is the Funds to Close of $XXX. The borrower actually Withdraw more than the require funds to close ($XXX). Please advise what other liquidation you are requiring. | 5/xx/2025 | XXX: Received $ XXX assets < $XXX minimum liquidity required. Please provide additional assets. | 5/xx/2025 | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 139304 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139072 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Acknowledged | XXX | Credit | Minimum Credit Trade Line Requirement Not Met | Tradeline requirement not met, please provide updated credit report with sufficient tradelines | exception uploaded | 5/xx/2025 | Received exception approval | 5/xx/2025 | Rate reduction, DSCR > XXX, FICO XXX B A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| 136020 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 3/xx/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139071 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 3/xx/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 136041 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 04/02/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 136023 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 04/03/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139308 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 04/03/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139318 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 04/07/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139331 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 4/xx/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139049 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 4/xx/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139326 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 4/xx/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139070 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 4/xx/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139051 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 4/xx/2025 | Resolved | XXX | Credit | Hazard Insurance Missing or Defective | Hazard insurance effective date of XX/xx/XXXX is after loan disbursement date of XX/xx/XXXX. Please provide updated hazard insurance with an effective date of at least XX/xx/XXXX | Hi, please see attached. | 4/xx/2025 | XXX: Received | 4/xx/2025 | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 139051 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 4/xx/2025 | Resolved | XXX | Credit | Hazard Insurance Missing or Defective | Hazard insurance effective date of XX/xx/XXXX is after loan disbursement date of XX/xx/XXXX. Please provide updated hazard insurance with an effective date of at least XX/xx/XXXX | Hi, please see attached. | 4/xx/2025 | XXX: Received | 4/xx/2025 | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 139302 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 4/xx/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139297 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 4/xx/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139080 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 4/xx/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139327 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 4/xx/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139081 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 4/xx/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139281 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 4/xx/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139330 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 4/xx/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139105 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 4/xx/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139086 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 4/xx/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139022 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 4/xx/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 141997 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 4/xx/2025 | Resolved | XXX-1 | Credit | No Credit Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 142007 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 05/07/2025 | Resolved | XXX | Credit | Deed Missing or Defective | MISSING CONVEYANCE DEED showing transfer of property from XXX to XXX and XXX | XXX | 5/xx/2025 | XXX: Deed received. | 5/xx/2025 | D B A C | N/A | N/A D C | N/A D C | N/A D C | N/A D C | N/A D C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| 142007 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 05/07/2025 | Acknolwedged | XXX | Property | Ineligible amenities | Condotel amenities are owned under a 3rd party for sudio unit | XXX: NQM exception in file | 05/07/2025 | XXX: NQM exception approved | 05/07/2025 | Fico above the minimum by XXX points or high, VOR 0x30 in XXX months D B A C | N/A | N/A D C | N/A D C | N/A D C | N/A D C | N/A D C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| 141980 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Property | Appraisal Missing or Defective | Missing Appraisal | XXX:Appsl & Appsl Delivery | 5/xx/2025 | XXX: Received | 5/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141980 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Property | Appraisal Review - Missing | Missing Appraisal Review |  | 5/xx/2025 | XXX: Received | 5/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141980 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Credit | Title Insurance Coverage - Inadequate Coverage | Missing Title Final policy Document | XXX: Title policy $XXX | 5/xx/2025 | XXX: Received XXX: Title coverage $XXX < $XXX. Please provide updated title | 5/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141980 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Credit | Background Check Missing or Defective | Missing Background Report | XXX: Fraud Guard | 5/xx/2025 | XXX: Received | 5/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141980 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Credit | Asset Documentation Missing or Defective | Missing Assets | XXX: Assets | 5/xx/2025 | XXX: Received | 5/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141980 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Credit | Purchase Contract Missing or Defective | Missing Purchase Agreement | XXX: Purchase Contract | 5/xx/2025 | XXX: Received | 5/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141980 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Property | Hazard Insurance Missing or Defective | Missing Hazard Insurance | XXX: HOI | 5/xx/2025 | XXX: Received | 5/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141980 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Credit | Entity Documentation - Missing or Defective | Missing operating agreement, articles of organization, good standing, etc | XXX: Vesting Documents | 5/xx/2025 | XXX: Received | 5/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141969 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Property | Subject Property Lease - Missing or Defective | Missing Lease Agreement | XXX: lease | 5/xx/2025 | XXX: Received | 5/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141969 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Property | Hazard Insurance Missing or Defective | Missing Hazard Insurance | XXX: insurance | 5/xx/2025 | XXX: Received | 5/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 142006 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX-1 | Credit | No Credit Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 141990 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Credit | Asset Documentation Missing or Defective | Missing asset documentation | XXX: asset | 5/xx/2025 | XXX: Received | 5/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141990 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Property | Appraisal Missing or Defective | XXX market rent of $XXX reflects short-term rental income, however all comparables are long-term rentals. Please clarify how this rent was determined and provide comparables with matching rental terms, or upload an AirDNA report to support the income documentation. | XXX: Please see pages XXX-XXX of the supplemental addendum where the appraiser addresses the short-term rental and provided comparable rents, and the vacancy factor of XXX% that was used to qualify. XXX report is also attached. | 06/05/2025 | XXX: Received | 6/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141990 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Property | Closing Documentation Missing or Defective | Missing STR approval document. Guidelines require all STRs to upload evidence from third party vendor validating that the municipality allows properties to be rented as STRs | XXX: STR compliance report | 5/xx/2025 | XXX: Received | 5/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141990 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Property | Hazard Insurance Missing or Defective | Missing hazard insurance | XXX: insurance | 5/xx/2025 | XXX: Received | 5/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 142003 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Credit | Entity Documentation - Missing or Defective | Missing Articles of incorporation for XXX | XX/xx/XXXX Articles of Inc uploaded | 5/xx/2025 | XXX: Received | 05/03/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 142003 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Credit | Loan Application Missing or Defective | Loan Application missing signature date, please upload dated XXX. | XX/xx/XXXX dated XXX uploaded | 5/xx/2025 | XXX: Received | 05/03/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 142003 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Credit | Insufficient Assets to Close | $XXX assets < $XXX minimum liquidity required. Please provide additional assets. | XX/xx/XXXX Bank Statement uploaded | 5/xx/2025 | XXX: Received | 05/03/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 142003 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Property | Appraisal Missing or Defective | Missing market rent (XXX document) for property appraisal. | XX/xx/XXXX rent schedule uploaded | 06/03/2025 | XXX: Received | 06/03/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141967 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 05/07/2025 | Resolved | XXX-1 | Credit | No Credit Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 141985 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Credit | Entity Documentation - Missing or Defective | Missing entity documents for borrower XXX, please upload Operating Agreement, Articles of Incorporation, and Certificate of Good Standing. | XXX: LLC | 06/03/2025 | XXX: Received | 06/04/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141985 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Credit | Background Check Missing or Defective | Missing Background Report | XXX: FRAUD | 06/03/2025 | XXX: Received | 06/04/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141975 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Credit | Background Check Missing or Defective | Missing Background Report | XXX: fraud | 06/03/2025 | XXX: Received | 06/04/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141975 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Property | Appraisal Review Missing or Defective | Missing Appraisal Review for subject property - XXX | XXX: SSR. | 06/03/2025 | XXX: Received | 06/05/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141985 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Property | Hazard Insurance Missing or Defective | Missing Hazard Insurance for subject property : XXX | XXX: INSURANCE | 06/03/2025 | XXX: Received | 06/04/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141975 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 5/xx/2025 | Resolved | XXX | Property | Hazard Insurance Missing or Defective | Missing Hazard Insurance for subject property :XXX | XXX: insurance | 06/03/2025 | XXX: Received | 06/04/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141676 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 3/xx/2025 | Resolved | XXX-2717 | Credit | Background Check Missing or Defective | Background check reflects unclassified XXX | XXX: XXX have guilty please, are non-wiolent in nature and were XXX+ years ago. The borrower's record ever since, other than traffic charges and failure to appear, has been clean. None of the crimes mentioned rose concern to seek further information. | 20250319 | XXX: Rescinded | 3/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141676 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 3/xx/2025 | Resolved | XXX-2720 | Property | Appraisal Review - Missing | Missing Appraisal Desk Review for property located at : XXX-XXX XXX | XXX: Uploaded | 20250320 | XXX: Received | 3/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141676 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 3/xx/2025 | Resolved | XXX-2721 | Property | Appraisal Missing or Defective | Missing Appraisal Report for property located at : XXX-XXX/XXX XXX | XXX: Uploaded | 20250320 | XXX: Received | 3/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141676 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 3/xx/2025 | Resolved | XXX-2722 | Property | Appraisal Review - Missing | Missing Appraisal Desk Review for property located at : XXX-XXX/XXX XXX | XXX: Uploaded XXX: Uploaded | 20250327 | XXX: Received XXX: Missing | 3/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141676 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 3/xx/2025 | Resolved | XXX-2723 | Property | Hazard Insurance Missing or Defective | Missing Hazard Insurance for property located at : XXX-XXX/XXX XXX | XXX: Uploaded | 20250320 | XXX: Recevied | 3/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141676 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 3/xx/2025 | Resolved | XXX-2724 | Property | Flood Certification/Determination - Missing | Missing Flood Certification for property located at : XXX-XXX/XXX XXX | XXX: Uploaded | 20250320 | XXX: Recevied | 3/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141676 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 3/xx/2025 | Resolved | XXX-2725 | Property | Appraisal Review - Missing | Missing Appraisal Desk Review for property located at : XXX XXX | XXX: Uploaded | 20250320 | XXX: Received | 3/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141676 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 3/xx/2025 | Resolved | XXX-2735 | Property | Appraisal Review - Missing | Missing Appraisal Desk Review for property located at : XXX XXX | XXX: Uploaded | 20250320 | XXX: Received | 3/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141676 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 3/xx/2025 | Resolved | XXX-2736 | Property | Appraisal Review - Missing | Missing Appraisal Desk Review for property located at : XXX XXX | XXX: Uploaded | 20250320 | XXX: Received | 3/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141676 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 3/xx/2025 | Resolved | XXX-2737 | Property | Appraisal Review - Missing | Missing Appraisal Desk Review for property located at : XXX XXX | XXX: Uploaded | 20250320 | XXX: Received | 3/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141676 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 3/xx/2025 | Resolved | XXX-2739 | Property | Appraisal Review - Missing | Missing Appraisal Desk Review for property located at : XXX XXX | XXX: Uploaded | 20250320 | XXX: Received | 3/xx/2025 | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 141677 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 8/xx/2025 | Resolved | XXX-2891 | No Findings | The loan meets all applicable guidelines | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139040 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 4/xx/2025 | Resolved | XXX | Credit | Insufficient Assets for Reserves | $XXX assets < $XXX minimum liquidity required. Please provide additional assets. | Hi, they did a Cash Out Refi on their XXX property (Loan# XXX - Cleared by Monday). Attached is the Final Settlement Statement from that Cash Out Refi. | 5/xx/2025 | XXX: LS will not require an updated appraisal. Received addendum. XXX:It appears the difference in the uploaded Final Settlement Statement is seller concession iao $XXX. We will need an update appraisal reflecting seller concessions and purchase contract addendum/counter/etc. XXX: Including cash-out funds from loan #XXX for reserves however, still insufficient assets to close. $XXX assets < $XXX minimum liquidity required. Please provide additional assets. | 5/xx/2025 | C B A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| 139040 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 4/xx/2025 | Acknowledged | XXX | Credit | Excessive LTV Ratio | XXX% LTV > XXX% for purchase transaction | Hi, this is a Purchase. XXX: Hi, please see exception approval for LTV Purchase. | 4/xx/2025 | XXX: Finding will be changed to purchase. Per guidelines a purchase for FICO XXX+ is still XXX%. XXX: Exception approval received, XXX% LTV approved. | 4/xx/2025 | Experienced investor - owned investment property for XXX+ years, DSCR at least XXX B A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| 139088 |  | XXX | XXXXX | XX/xx/XXXX | $XXXXXX | XXX | ATR/QM Exempt | Loan Review Complete | 4/xx/2025 | Resolved | XXX-1 | Credit | No Findings | The loan meets all applicable guidelines |  |  |  |  | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |

---

## Exhibit 99.2

**Exhibit 99.2 Schedule 3**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** | **Initial Compliance Loan Grades DBRS** | **Initial Compliance Loan Grades Fitch** | **Initial Compliance Loan Grades Kroll** | **Initial Compliance Loan Grades Moody's** | **Initial Compliance Loan Grades S&P** | **Final Compliance Loan Grades DBRS** | **Final Compliance Loan Grades Fitch** | **Final Compliance Loan Grades Kroll** | **Final Compliance Loan Grades Moody's** | **Final Compliance Loan Grades S&P** |
| 139916 |  |  | $XXXXXX D | A | A | A | A | A D | A | A | A | A | A |
| 131110 |  |  | $XXXXXX D | C | C | C | C | C A D B | A | A | A | A | A B |
| 134009 |  |  | $XXXXXX D | A | A | A | A | A D | A | A | A | A | A |
| 136059 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 136028 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 136056 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 136025 |  |  | $XXXXXX A | C | C | C | C | C A | A | A | A | A | A |
| 136033 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 136030 |  |  | $XXXXXX A | C | C | C | C | C A | A | A | A | A | A |
| 136003 |  |  | $XXXXXX C | C | C | C | C | C A | B | B | B | B | B A |
| 136054 |  |  | $XXXXXX B | A | A | A | A | A B | A | A | A | A | A |
| 139036 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 139041 |  |  | $XXXXXX D | A | A | A | A | A D | A | A | A | A | A |
| 139027 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 136034 |  |  | $XXXXXX D | A | A | A | A | A D | A | A | A | A | A |
| 139048 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 139015 |  |  | $XXXXXX D | A | A | A | A | A D | A | A | A | A | A |
| 136009 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 139069 |  |  | $XXXXXX D | B | B | B | B | B C D A | A | A | A | A | A |
| 136040 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 139059 |  |  | $XXXXXX D | A | A | A | A | A D | A | A | A | A | A |
| 139063 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 139055 |  |  | $XXXXXX D | A | A | A | A | A D | A | A | A | A | A |
| 139054 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 139068 |  |  | $XXXXXX A | C | C | C | C | C A | B | B | B | B | B A |
| 139062 |  |  | $XXXXXX D | A | A | A | A | A D | A | A | A | A | A |
| 139061 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 139052 |  |  | $XXXXXX C | A | A | A | A | A C | A | A | A | A | A |
| 136052 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 139085 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 136050 |  |  | $XXXXXX C | A | A | A | A | A C | A | A | A | A | A |
| 139056 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 136008 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 139058 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 136038 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 139078 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 139043 |  |  | $XXXXXX A | C | C | C | C | C A | A | A | A | A | A |
| 139102 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 136029 |  |  | $XXXXXX D | A | A | A | A | A D | A | A | A | A | A |
| 139023 |  |  | $XXXXXX C | A | A | A | A | A C | A | A | A | A | A |
| 141961 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 141972 |  |  | $XXXXXX D | B | B | B | B | B A D | A | A | A | A | A |
| 141962 |  |  | $XXXXXX A | A | A | A | A | A D | A | A | A | A | A B |
| 139016 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 141987 |  |  | $XXXXXX D | C | C | C | C | C D A | A | A | A | A | A |
| 141957 |  |  | $XXXXXX D | C | C | C | C | C D A | A | A | A | A | A |
| 141996 |  |  | $XXXXXX D | A | A | A | A | A D | A | A | A | A | A |
| 139074 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 141982 |  |  | $XXXXXX D | C | C | C | C | C D A | B | B | B | B | B A |
| 141989 |  |  | $XXXXXX D | C | C | C | C | C D A | A | A | A | A | A |
| 139025 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 141971 |  |  | $XXXXXX D | A | A | A | A | A D B | A | A | A | A | A B |
| 139301 |  |  | $XXXXXX D | A | A | A | A | A D | A | A | A | A | A |
| 141984 |  |  | $XXXXXX D | C | C | C | C | C A D | A | A | A | A | A |
| 131985 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 131965 |  |  | $XXXXXX C | NA | NA | NA | NA | NA C | NA | NA | NA | NA | NA |
| 139091 |  |  | $XXXXXX A | A | A | A | A | A | A | A | A | A | A |
| 139342 |  |  | $XXXXXX A | A | A | A | A | A C | A | A | A | A | A |
| 133990 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 139321 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139282 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139291 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139299 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139306 |  |  | $XXXXXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 139304 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139072 |  |  | $XXXXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 136020 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139071 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 136041 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139308 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 136023 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139318 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139331 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139326 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139049 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139070 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139051 |  |  | $XXXXXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 139297 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139302 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139080 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139081 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139327 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139281 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139330 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139105 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139086 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139022 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 141997 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 141967 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 142007 |  |  | $XXXXXX D | N/A | N/A | N/A | N/A | N/A C D | N/A | N/A | N/A | N/A | N/A B |
| 141980 |  |  | $XXXXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 141969 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 142006 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 141990 |  |  | $XXXXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 142003 |  |  | $XXXXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 141985 |  |  | $XXXXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 141975 |  |  | $XXXXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 141676 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 141677 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 139040 |  |  | $XXXXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 139088 |  |  | $XXXXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |

---

## Exhibit 99.2

**Exhibit 99.2 Schedule 4**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Second Desk Review Variance Amount** | **Second Desk Review Variance Percent** | **Second Desk Review Appraisal Date** | **Second Desk Review Appraised Value** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| 139916 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 84.99 | 84.99 | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Moderate Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.6 |  |
| 131110 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 134009 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 136059 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 85.0 | 85.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 136028 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 136056 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1073 Individual Condo Report | $XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 136025 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 85.0 | 85.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 136033 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| 136030 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 90.0 | 90.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.7 |  |
| 136003 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 80.0 | 80.0 | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Reasonable | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.1 |  |
| 136054 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 85.0 | 85.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.2 |  |
| 139036 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 90.0 | 90.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 139041 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 90.0 | 90.0 |  |  |  |  | XXX | XXX | -.0233 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | -.0233 | XXX | Reasonable | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.1 |  |
| 139027 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 85.0 | 85.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.4 |  |
| 136034 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1025 Small Residential Income Report | $XXX | 66.94 | 66.94 | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 139048 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 85.0 | 85.0 | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Reasonable | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.7 |  |
| 139015 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 85.0 | 85.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 136009 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 26.09 | 26.09 | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.6 |  |
| 139069 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 90.0 | 90.0 | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.6 |  |
| 136040 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 90.0 | 90.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 139059 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 85.0 | 85.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 139063 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1073 Individual Condo Report | $XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 139055 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 65.0 | 65.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 139054 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 36.07 | 36.07 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.2 |  |
| 139068 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 90.0 | 90.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.4 |  |
| 139062 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1073 Individual Condo Report | $XXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 139061 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 85.0 | 85.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 139052 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.3 |  |
| 136052 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 85.0 | 85.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 139085 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 90.0 | 90.0 |  |  |  |  | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Reasonable | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.6 |  |
| 136050 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.1 |  |
| 139056 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 136008 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 70.83 | 70.83 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.4 |  |
| 139058 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 73.68 | 73.68 |  |  |  |  | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Reasonable | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 3.9 |  |
| 136038 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 84.98 | 84.98 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 139078 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 85.0 | 85.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 139043 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 30.0 | 30.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.3 |  |
| 139102 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 90.0 | 90.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.6 |  |
| 136029 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 80.0 | 80.0 |  |  |  |  | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Reasonable | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.4 |  |
| 139023 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 85.0 | 85.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 141961 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 74.8 | 74.8 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 141972 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 80.0 | 80.0 | XXX | XXX | .0690 | 1004 URAR |  |  |  |  | XXX | XXX | .0690 | XX/XX/XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.4 |  |
| 141962 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 63.42 | 63.42 |  |  |  |  |  |  |  |  | XXX | XXX | .1053 | XX/XX/XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 139016 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 85.0 | 85.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 141987 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 61.88 | 61.88 |  |  |  |  | XXX | XXX | -.0135 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | -.0135 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.5 |  |
| 141957 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 85.0 | 85.0 |  |  |  |  | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 5 |  |
| 141996 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 79.91 | 79.91 | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3 |  |
| 139074 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 141982 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  | XXX | XXX | .0060 | XX/XX/XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 141989 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.1 |  |
| 139025 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 67.42 | 67.42 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 141971 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 80.0 | 80.0 | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 139301 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.6 |  |
| 141984 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.5 |  |
| 131965 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 79.16 | 79.16 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 131985 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 80.0 | 80.0 | XXX | XXX | -5.88 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | -5.88 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.7 |  |
| 139091 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 139342 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 URAR | $XXX | 75.0 | 75.0 | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Reasonable | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.1 |  |
| 133990 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | Form 1025 | $XXX | 65.0 | 65.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | -0.07 | XXX | High Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 139321 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | URAR Form 1004 Form 70 | $XXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.7 |  |
| 139282 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | Form 1025 | $XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 139291 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | Form 1025 | $XXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 139299 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | Form 1025 | $XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 139306 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | URAR Form 1004 Form 70 | $XXX | 63.2 | 63.2 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.9 |  |
| 139304 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | URAR Form 1004 Form 70 | $XXX | 63.7 | 63.7 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 139072 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | URAR Form 1004 Form 70 | $XXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| 136020 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | URAR Form 1004 Form 70 | $XXX | 65.0 | 65.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 139071 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | URAR Form 1004 Form 70 | $XXX | 85.0 | 85.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 136041 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | URAR Form 1004 Form 70 | $XXX | 54.4 | 54.4 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 139308 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | Form 1025 | $XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 136023 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | URAR Form 1004 Form 70 | $XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 139318 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | URAR Form 1004 Form 70 | $XXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.3 |  |
| 139331 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | URAR Form 1004 Form 70 | $XXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 139326 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | Form 1025 | $XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 139049 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | Form 1025 | $XXX | 47.6 | 47.6 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | -0.07 | XXX | High Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 139070 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | URAR Form 1004 Form 70 | $XXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.5 |  |
| 139051 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | Form 1073 | $XXX | 38.0 | 38.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 139297 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | URAR Form 1004 Form 70 | $XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 139302 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | URAR Form 1004 Form 70 | $XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 139080 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | URAR Form 1004 Form 70 | $XXX | 65.0 | 65.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 139081 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | URAR Form 1004 Form 70 | $XXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 139327 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | URAR Form 1004 Form 70 | $XXX | 64.6 | 64.6 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.1 |  |
| 139281 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | URAR Form 1004 Form 70 | $XXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.1 |  |
| 139330 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | URAR Form 1004 Form 70 | $XXX | 65.0 | 65.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 139105 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | URAR Form 1004 Form 70 | $XXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 139086 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | URAR Form 1004 Form 70 | $XXX | 19.5 | 19.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 139022 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | URAR Form 1004 Form 70 | $XXX | 60.0 | 60.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | -0.09 | XXX | High Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.3 |  |
| 141997 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 | $XXX | 66.7 | 66.7 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 141967 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 | $XXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  |  |  | Eligible | 1 |  |
| 142007 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 | $XXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 141980 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 | $XXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 141969 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 | $XXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Moderate Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 142006 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1073 | $XXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Moderate Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.9 |  |
| 141990 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 | $XXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 142003 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 | $XXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 141985 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | 1004 | $XXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  |  |  | Eligible | 1 |  |
| 141975 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | 1004 | $XXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 141676 |  |  | XX/XX/XXXX | $XXXXXX |  | XXX | $XXX | XX/XX/XXXX | Form 1025 | $XXX | 72.5 | 72.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 141677 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | Form 1025 | $XXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 139040 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | Form 1025 | $XXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | .0000 | XXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 139088 |  |  | XX/XX/XXXX | $XXXXXX | $XXX | XXX | $XXX | XX/XX/XXXX | URAR Form 1004 Form 70 | $XXX | 85.0 | 85.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $XXX | $XXX | 0.03 |  |  | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |

---

## Exhibit 99.3

**Exhibit 99.** **3**

![](ex99-3_001.jpg)

**NARRATIVE**

**PRPM 2025-NQM4**

**By Canopy Financial Technology Partners LLC on September 04, 2025**

Canopy Financial Technology Partners LLC

<u>cwheeler@canopytpr.com</u> \| 801-792-2995 \| <u>www.canopytpr.com</u>

Address: 1 Research Court, Suite 450, Rockville, MD 20850

Canopy Financial Technology Partners \| <u>www.canopytpr.com</u> \|©2021 Proprietary and Confidential

![](ex99-3_001.jpg)

**Description of Services**

Canopy Financial Technology Partners, LLC ("Canopy") performed certain due diligence services (the "Review) described below on Non-Agency Eligible Mortgage Loans ("Loans") backed by residential properties originated or acquired by PRPM 2025-NQM4, LLC (the "Client") or its affiliated company. The Review was conducted from September 2022 to June 2025 via files imaged and provided by the Client for review.

The Review consisted of a population of fifty-six (56) Loans with an aggregate principal balance of $30,889,515.

**Loan Sampling**

The Client defined the sample size and the random sampling of the Loans to be included in the Review.

The Review was conducted consistent with the criteria for the specific Nationally Recognized Statistical Rating Organizations (NRSROs); Moody's

**Data Integrity**

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

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Logic Applied** |
| &nbsp;&nbsp;All Borrower Total Income | &nbsp;&nbsp;Apply 2.5% Tolerance If AUS = Yes and DTI > 0 or if AUS = No and DTI between 0 and 43, Do not Apply Tolerance if DTI >= 43 and AUS = No |
| &nbsp;&nbsp;Amortized Term | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Application Date | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Borrower 1 Citizen | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Borrower 1 Self Employed Flag | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Borrower 2 Citizen | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Borrower 2 Self-Employment Flag | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Business Purpose Flag | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Cash Disbursement Date | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Combined LTV | &nbsp;&nbsp;Apply 1% Tolerance if < 80% |
| &nbsp;&nbsp;DSCR | &nbsp;&nbsp;.25% tolerance |
| &nbsp;&nbsp;Escrow Flag | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Final Reviewed QM Status | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;First Interest Rate Change Date | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Higher Priced Mortgage Loan (HPML) Flag | &nbsp;&nbsp;No tolerance |

---

Canopy Financial Technology Partners \| <u>www.canopytpr.com</u> \|©2021 Proprietary and Confidential

![](ex99-3_001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;Index | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Initial Monthly P&I Or IO Payment | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Margin (ARM Loan) | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Mortgage Origination Channel | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Note Interest Only Term | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Occupancy Type | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Original Appraised Value | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Original Balance | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;Apply 1% Tolerance if < 80% |
| &nbsp;&nbsp;Origination BK Flag | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Originator QM Status | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Origination Date | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Origination Foreclosure Flag | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Prepayment Penalty Term | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;Apply 2.5% Tolerance If AUS = Yes and DTI > 0 or if AUS = No and DTI between 0 and 43, Do not Apply Tolerance if DTI >= 43 and AUS = No |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Underwriting Guideline Product Name | &nbsp;&nbsp;No tolerance |

---

**Credit Underwriting**

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

**Loan Attributes.** To determine borrower program eligibility, Canopy verified the following loan attributes and, where applicable, re-calculated based on the information provided.

· Assets and Reserves;

· DTI (when applicable);

· DSCR (when applicable);

Canopy Financial Technology Partners \| <u>www.canopytpr.com</u> \|©2021 Proprietary and Confidential

![](ex99-3_001.jpg)

· Gross Income (when applicable);

· Housing history;

· Lien Position;

· Loan Purpose;

· LTV/CLTV;

· Monthly debt service;

· Occupancy;

· Property Type;

· Qualifying PITI; and

· Residual Income.

**Credit Application:** For the Credit Application (1003), Canopy verified whether

· All known borrower-owned properties are disclosed on the REO Section;

· Borrower(s) employment history ;

· Citizenship and eligibility;

· First time home buyer status ;

· The application was signed by all borrowers; and

· The application was substantially completed.

**Credit History:** Canopy verified:

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

· Bankruptcy and foreclosure seasoning;

· Capture the monthly consumer debt payments for use in the applicable DTI calculation;

· Installment and revolving payment history;

· Mortgage/rental payment history;

· Note and research the Real Estate Owned, OFAC, and Fraud alerts;

· Number of tradelines; and

· Representative Credit Score and Methodology.

**Employment and Income:** Canopy determined whether all applicable supporting documentation as required by Seller's Guidelines and Ability to Repay ("**ATR**") when applicable per above were in the file. The documentation was used to verify whether the income used to qualify the loan was calculated in accordance with Seller's Guidelines. Documentation verifying employment and income were deemed acceptable if it was a third-party document as required by the Seller's Guidelines and ATR when applicable per above and may include:

· Verbal or Written VOE's;

· Paystubs;

· W-2 forms;

· Tax returns;

· Financial statements;

· Award letters;

· IRS Tax Transcripts (compared to Tax Returns provided by Borrower(s)).

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**Fraud Review:** For all Loans, the Client provided the results from a third-party anti-fraud tool to Vendor. In accordance with the type of fraud report provided, Canopy utilized the results provided by the Client along with information in the Loan File, to identify and address any potential misrepresentations including:

· Borrower identity:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Social Security inconsistencies

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Borrower name variations

· Employment:

· Licensing – reviewed NMLS data for:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Mortgage lender/originator

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Loan officer

· Occupancy:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Borrower address history

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Subject property ownership history

· OFAC:

**Asset Review:** Canopy assessed whether the asset documentation required by the Seller's Guidelines and ATR, when applicable, was present in the Loan File. Canopy also conducted a review of the reserve calculation, if used to determine ATR or required by the Seller's Guidelines, including a review of any large deposits. Canopy re-calculated gross, net, and liquid asset balances. The Asset Review also consisted of verifying the down payment, closing costs, prepaid items and reserves. Documentation used to verify assets for down payment, closing costs, prepaid items and reserves may have included:

· Depository account statements;

· Gift funds;

· Settlement statement or other evidence of conveyance and transfer of funds if a sale of assets was involved;

· Stock or security account statements; and/or

· VOD's.

**Hazard/Flood insurance/Taxes:** A review of the insurance present on the loan was performed by Canopy as follows:

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

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

· Confirmed that the premium amount on both the hazard and flood insurance match what was used in the DTI calculations;

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

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

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

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

**Automated Underwriting System Findings:** N/A

**Document Review**

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

· Initial application (1003);

· Final application (1003);

· Note;

· Mortgage/Deed of Trust;

· Appraisal;

· Sales Contract;

· Title Commitment/Policy;

· Junior Lien/Subordination Agreement;

· Mortgage Insurance;

· Underwriting Approval Documentation inclusive, but not limited to documents listed in the Credit Review section herein;

· Flood Certification;

· Initial and Final Loan Estimate (LE);

· Initial and Final and Closing Disclosure (CD);

· Post-Consummation Closing Disclosure (PC-CD) [if applicable].

**Business Purpose Validation (when applicable)**

For Loans originated as Business Purpose loans (as defined by Regulation Z [12 CFR 1026], and its supporting commentary, the implementing regulation of the Truth-in-Lending Act ("TILA") [15 U.S.C. 1601 et seq.]), Canopy assessed that the facts and circumstances of the subject loan did not trigger Consumer Purpose classification (also as defined by Regulation Z [12 CFR 1026], and its supporting commentary, the implementing regulation of the Truth-in-Lending Act [15 U.S.C. 1601 et seq.]).

**"Missing Document" to Cleared Exception:** In the event that there was no express statement in the Loan File, and there was no express evidence in the Loan File that the loan proceeds were used for "Business Purpose" Canopy assigned the file a "D" grade for missing said documentation. In the event that the express statement, or with clear, unequivocal documented evidence of use of loan proceeds for non-consumer, business purpose, was provided by the lender that defines and/or evidences the "primary purpose" of the loan as "business purpose" the "D" grade – "Missing Document", was cleared by Canopy.

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**"Missing Document" to "B" Grade:** In the event that there was no express statement in the Loan File, and there was no express evidence provided that the loan proceeds were used for "Business Purpose", Canopy gave the file a "D" grade, for missing documentation. In the event that there was not any express statement or evidence of business purpose use of the proceeds, then the "D" grade – "Missing Document" initial finding was re-graded after conducting a full Consumer Purpose, regulatory compliance review, as applicable to assignees for Consumer Purpose loans. In the event that the loan did not violate any applicable regulatory compliance obligations, the loan was re-graded as a "B" grade final finding.

**"Material Compliance Violation":** In the event that no express statement existed in the Loan File, Canopy assessed any and all documentation provided to determine what the actual use of the proceeds were, to best identify that the "primary purpose" of the loan was not in fact for "business purpose" as relied upon by the lender, but is in fact for a "consumer purpose". If, in fact, evidence existed that the proceeds were used for personal, Consumer Purpose, then Canopy identified that the "primary purpose" of the loan is not "business purpose" and as "consumer purpose" subject to the full Consumer Purpose regulatory compliance obligations of an originator as it applies to an assignee, with a material compliance exception of a "C" grade.

**"Material Compliance Violation" to "B" Grade:** The above noted Material Compliance Violation was re-graded to a "B" grade by conducting a full Consumer Purpose regulatory compliance review, as applicable to assignees for Consumer Purpose loans, and in the event that the loan did not violate any applicable regulatory compliance obligations, the loan was re-graded as a "B" grade final finding.

**Compliance Review**

Canopy reviewed each Loan File and, if applicable, verified that it was consummated in compliance with the applicable federal, state, and local anti-predatory lending statutes in effect at the time of origination of the mortgage loan. Canopy' review included, but was not limited to, the verification and validation that each mortgage loan met the relevant provisions of:

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

(ii) the **Truth in Lending Act** (" <u>TILA</u> "), as amended by HOEPA, 15 U.S.C. §1601 et seq., as implemented by
Regulation Z, 12 C.F.R. Part 1026;

(iii) the **Real Estate Settlement Procedures Act** (" <u>RESPA</u> "), 12 U.S.C. §2603, as implemented by Regulation
X, 12 C.F.R. Part 1024;

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

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**I.** **Compliance Documentation Requirements** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review of the following documents as they related to regulatory compliance:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Initial and final application (1003)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Note, including all addendums

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Copy of note for any junior liens (if applicable)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Mortgage / Deed of Trust, including all riders

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Initial, Interim, and Final Loan Estimates ("LE")

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. Notice of Right to Cancel (as applicable)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Rate Lock Date Information;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ix. HOEPA Disclosures (if applicable)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Initial Escrow Account Disclosure

**II.** **Anti-Predatory Lending (Assignee Liability)** 

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

**III.** **Compliance Testing Elements** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. **Truth-in-Lending Act (TILA) / Regulation Z**: Loans were reviewed to
determine compliance with the following requirements of TILA and Regulation Z, including, but not limited to, the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. **TILA/RESPA Integrated Disclosure Testing ("TRID")**. A review and comparison of LEs and
CDs with a report outlining any TILA violations, including a re-calculation of disclosed finance charge, principal and interest calculations,
proper completion of the Projected Payments table, total of payments, finance charge, amount financed, recalculation of disclosed APR
and a review to determine disclosure differences were within the allowed tolerances and disclosures were provided within the required
timeframes. Testing will be conducted to fulfill the elements Structured Finance Association (SFA) TRID Compliance Review Scope ("TRID
Grid 4.0");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. **Right of Rescission**. A review of the TILA Right of Rescission, Notice of Right to Cancel, including
a verification of the transaction date and expiration date, ensuring proper execution of the Notice of Right to Cancel by all required
parties, verifying the disbursement date and determining if a full three (3) day rescission period was adequately provided to the borrower(s).
The appropriate Model Form will be tested according to applicable U.S. Court of Appeals, Circuit Court rulings;

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. **Real Estate Settlement Procedures Act (RESPA)/Regulation X**: Review
to ensure compliance with RESPA/Regulation X documentation and timing requirements in effect at origination of the mortgage loan for RESPA
disclosures (Servicing Disclosure Statement; Affiliated Business Arrangement Disclosure; Initial Escrow Disclosure Statement; List of
Homeownership Counselling Organizations).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. **Equal Credit Opportunity Act (ECOA)/Regulation B**: Confirm compliance
with the January 18, 2014 requirements regarding the disclosure of the right to receive a copy of appraisals within three (3) business
days of application, the right to receive a copy of the appraisals at least three (3) business days prior to consummation and any applicable
waiver. The disclosure of the right to receive a copy of appraisals may be met by the disclosure on the Loan Estimate pursuant to 12 CFR
§ 1026.27(m)(1).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. **Fair Credit Reporting Act (FRCA)/Regulation V**: Confirm compliance
with the current FCRA/Regulation V requirements regarding risk-based pricing notice, credit score disclosure and Notice to Home Loan Applicant,
as applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. **Miscellaneous Compliance Testing:** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Mandatory Arbitration – Canopy will report mandatory arbitration provisions
present in the Loan File.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Single Premium Credit Insurance – Canopy will report single premium credit insurance policies or
debt cancellation agreements present in the Loan File.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. TPR will test for state prepayment and late charge restrictions. If a prepayment
penalty that exceeds the state permitted penalty has expired, this must be reported.

**State & Local Anti-Predatory Requirements**

The following is an itemization of the generally understood current and historical state and local anti-predatory lending requirements, as customary in secondary market due diligence compliance testing:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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· Ohio Anti-Predatory Lending Statute, HB 386, as amended by S.B. 185 (2006), Ohio Rev. Code Ann. §
1.63. · Ohio Consumer Sales Practices Act, Ohio Rev. Code Ann. § 1345.01, as implemented by Ohio Admin. Rules
§ 109 4-3-01 et seq.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**QUALIFIED MORTGAGE (QM)** 

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

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

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

**Ability to Repay (ATR)**

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

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

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

**Valuation Review**

Canopy reviewed all appraisals and alternative value tools used to qualify the Loan for reasonableness of estimated value, integrity of comparable sales, completeness of data and eligibility of the appraiser, consistent with underwriting guidelines, variances, tolerances, and exception authorities established by Client. Additionally, Canopy determined that the appraised value appeared to be reasonably supported ("Value-Supported Analysis"), based on the valuation provided by the Independent Third-party Review.

· With respect to Title XI of FIRREA, Canopy checked for the presence of the appraiser's license,
and reviewed for the presence of any red flags related to the mortgaged property that may have posed a risk to the property or occupants.

· With respect to USPAP, Canopy confirmed the appraiser's certification is present and executed within
the original appraisal.

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**Independent Third-Party Values**

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

**Valuation Reconciliation Process:**

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

· In the event the Desk Review process yielded material exceptions or had a value exceeding a negative ten
percent (-10%) variance, a field review was ordered to further establish value.

**Agency Eligible Loans:**

· For FNMA loans, if a CU Score was available and the CU Score was greater than 2.5, Canopy ordered a Desk Review. If the CU Score was less than or equal to 2.5, no Desk Review was required based on market acceptance of Agency Eligible Loans.

· For FHLMC loans, if the FHLMC Rep & Warrant Relief indicator was Not Eligible, Canopy ordered a Desk Review. If the FHLMC Rep & Warrant Relief indicator was Eligible, no Desk Review was required based on market acceptance of Agency Eligible Loans.

**GRADING COMPONENTS**

**Due Diligence Grading Criteria**

Upon completion of the Loan File review, Canopy assigned comprehensive grading that considers critical factors based on the specific review completed, in addition to product, client, and rating agency requirements.

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

---

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

---

Canopy Financial Technology Partners \| <u>www.canopytpr.com</u> \|©2021 Proprietary and Confidential

![](ex99-3_001.jpg)

---

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

---

---

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

---

---

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

---

Canopy Financial Technology Partners \| <u>www.canopytpr.com</u> \|©2021 Proprietary and Confidential

![](ex99-3_001.jpg)

**FINDINGS SUMMARY**

**Summary Overview**

Canopy's review concluded the grading of the Credit, Property/Valuation, and Compliance sections. 37.50% (21 loans) have an overall grade of "A" and 62.50% (35 loans) have an overall grade of "B".

Canopy's review concluded a Credit grade of "A" for 41.07% or twenty-three (23) mortgage loans reviewed, and 58.93% (33 loans) have a Credit grade of "B".

Canopy's review concluded a Compliance grade of "A" for 96.43%, or fifty-four (54) mortgage loans reviewed, and 3.57% (2 loans) have a Compliance grade of "B".

Canopy's review concluded a Property/Valuation grade of "A" for 82.14% or forty-six (46) mortgage loans reviewed, and 17.86% (10 loans) have a Property/Valuation grade of "B".

**FINDINGS TABLE**

**REVIEW TABLES**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**OVERALL REVIEW RESULTS** | &nbsp;&nbsp;**OVERALL REVIEW RESULTS** | &nbsp;&nbsp;**OVERALL REVIEW RESULTS** |
| &nbsp;&nbsp;**Final Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;21 | &nbsp;&nbsp;37.50% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;35 | &nbsp;&nbsp;62.50% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Grand Total** | &nbsp;&nbsp;**56** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**CREDIT REVIEW RESULTS** | &nbsp;&nbsp;**CREDIT REVIEW RESULTS** | &nbsp;&nbsp;**CREDIT REVIEW RESULTS** |
| &nbsp;&nbsp;**Final Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;23 | &nbsp;&nbsp;41.07% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;33 | &nbsp;&nbsp;58.93% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Grand Total** | &nbsp;&nbsp;**56** | &nbsp;&nbsp;**100.00%** |

---

Canopy Financial Technology Partners \| <u>www.canopytpr.com</u> \|©2021 Proprietary and Confidential

![](ex99-3_001.jpg)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**COMPLIANCE REVIEW RESULTS** | &nbsp;&nbsp;**COMPLIANCE REVIEW RESULTS** | &nbsp;&nbsp;**COMPLIANCE REVIEW RESULTS** |
| &nbsp;&nbsp;**Final Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;54 | &nbsp;&nbsp;96.43% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;2 | &nbsp;&nbsp;3.57% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Grand Total** | &nbsp;&nbsp;**56** | &nbsp;&nbsp;**100.00%** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**PROPERTY REVIEW RESULTS** | &nbsp;&nbsp;**PROPERTY REVIEW RESULTS** | &nbsp;&nbsp;**PROPERTY REVIEW RESULTS** |
| &nbsp;&nbsp;**Final Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;46 | &nbsp;&nbsp;82.14% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;10 | &nbsp;&nbsp;17.86% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Grand Total** | &nbsp;&nbsp;**56** | &nbsp;&nbsp;**100.00%** |

---

**ADDITIONAL LOAN SUMMARY DETAILS** 

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;56 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$30889515.00 |
| &nbsp;&nbsp;ARM | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**56** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$30889515.00** |
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;First | &nbsp;&nbsp;56 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$30889515.00 |
| &nbsp;&nbsp;Second | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**56** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$30889515.00** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Cash Out: Debt Consolidation— Proceeds used to pay off existing loans other than loans secured by real estate | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;Cash Out: Home Improvement / Renovation | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;Cash Out: Other/Multi- Purpose/Unknown Purpose | &nbsp;&nbsp;20 | &nbsp;&nbsp;35.71% | &nbsp;&nbsp;$10938100.00 |
| &nbsp;&nbsp;Limited Cash Out (GSE Definition) | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;First Time Home Purchase | &nbsp;&nbsp;6 | &nbsp;&nbsp;10.71% | &nbsp;&nbsp;$2424321.00 |
| &nbsp;&nbsp; Other Than First Time Home<br> Purchase | &nbsp;&nbsp;19 | &nbsp;&nbsp;33.93% | &nbsp;&nbsp;$9081594.00 |
| &nbsp;&nbsp;Rate/Term Refinance - Borrower Initiated | &nbsp;&nbsp;11 | &nbsp;&nbsp;19.64% | &nbsp;&nbsp;$8445500.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**56** | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;**$30889515.00** |

---

Canopy Financial Technology Partners \| <u>www.canopytpr.com</u> \|©2021 Proprietary and Confidential

![](ex99-3_001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;121 - 180 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;181 - 240 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;241 - 300 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;301 - 360 Months | &nbsp;&nbsp;52 | &nbsp;&nbsp;92.86% | &nbsp;&nbsp;$24202096.00 |
| &nbsp;&nbsp;361 - 420 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;421 - 480 Months | &nbsp;&nbsp;4 | &nbsp;&nbsp;7.14% | &nbsp;&nbsp;$6687419.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**56** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$30889515.00** |
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Owner Occupied | &nbsp;&nbsp;18 | &nbsp;&nbsp;32.14% | &nbsp;&nbsp;$14095740.00 |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;2 | &nbsp;&nbsp;3.57% | &nbsp;&nbsp;$1329000.00 |
| &nbsp;&nbsp;Investment Property | &nbsp;&nbsp;36 | &nbsp;&nbsp;64.29% | &nbsp;&nbsp;$15464775.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**56** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$30889515.00** |

---

**DATA COMPARISON RESULTS**

Of the fifty-six (56) mortgage Loan Files reviewed, twenty-three (23) unique loans (25.47% by number) had thirty-four (34) tape comparison discrepancies across fifteen (15) data fields.

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Logic Applied** | &nbsp;&nbsp;**# Loans with<br> Discrepancy** | &nbsp;&nbsp;**Total Times<br> Compared** | &nbsp;&nbsp;**% <br> Variance** |
| &nbsp;&nbsp;Borrower 1 First Name | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;1 | &nbsp;&nbsp;56 | &nbsp;&nbsp;1.79% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;1 | &nbsp;&nbsp;56 | &nbsp;&nbsp;1.79% |
| &nbsp;&nbsp;Cash Disbursement Date | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;10 | &nbsp;&nbsp;56 | &nbsp;&nbsp;17.86% |
| &nbsp;&nbsp;Monthly HOA $| &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;1 | &nbsp;&nbsp;56 | &nbsp;&nbsp;1.79% |
| &nbsp;&nbsp;Monthly Property Tax Amount | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;2 | &nbsp;&nbsp;56 | &nbsp;&nbsp;3.57% |
| &nbsp;&nbsp;Number of Units | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;1 | &nbsp;&nbsp;56 | &nbsp;&nbsp;1.79% |
| &nbsp;&nbsp;Primary Mortgage or Rent Times 30 | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;1 | &nbsp;&nbsp;56 | &nbsp;&nbsp;1.79% |
| &nbsp;&nbsp;Primary Mortgage or Rent Times 60 | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;1 | &nbsp;&nbsp;56 | &nbsp;&nbsp;1.79% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;4 | &nbsp;&nbsp;56 | &nbsp;&nbsp;7.14% |
| &nbsp;&nbsp;Property Value | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;2 | &nbsp;&nbsp;56 | &nbsp;&nbsp;3.57% |
| &nbsp;&nbsp;Qualifying Housing Debt Income Ratio | &nbsp;&nbsp;Apply 2.5% Tolerance If AUS = Yes and DTI > 0 or if AUS = No and DTI between 0 and 43, Do not Apply Tolerance if DTI >= 43 and AUS = No | &nbsp;&nbsp;1 | &nbsp;&nbsp;56 | &nbsp;&nbsp;1.79% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;.25% tolerance | &nbsp;&nbsp;1 | &nbsp;&nbsp;56 | &nbsp;&nbsp;1.79% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;3 | &nbsp;&nbsp;56 | &nbsp;&nbsp;5.36% |
| &nbsp;&nbsp;Reviewed Total Housing Expense PITIA | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;2 | &nbsp;&nbsp;56 | &nbsp;&nbsp;3.57% |
| &nbsp;&nbsp;Total Monthly Property Insurance Amount | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;3 | &nbsp;&nbsp;56 | &nbsp;&nbsp;5.36% |

---

Canopy Financial Technology Partners \| <u>www.canopytpr.com</u> \|©2021 Proprietary and Confidential

![](ex99-3_001.jpg)

**Disclaimer**

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

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

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

*The Company does not provide investment, legal, or tax advice, and the Reports may not be construed as such. Reports are issued for the benefit of the entity requesting the Report, only, and may not be used by third parties without the express written consent of the Company and the requesting party. Reports are based on available information and current regulations as of the date of the Report, and the Company disclaims any obligation to update Reports due to a change of fact of regulation which occurs after the date of issuance. Neither supplemental factual investigation nor enhanced reviews can guarantee that all information provided to the Company will be accurate. Reports are, and must be construed solely as, statements of opinion and not as statements of fact as to credit worthiness, investment, financial, or other recommendation to purchase, sell, or hold any security.* 

*Reports may contain assumptions and/or predictions regarding future events which are "forward-looking" and inherently cannot be verified as facts. Consequently, Reports may be affected by future events or conditions which were not anticipated at the time the Report was made. Such forward-looking statements necessarily involve risks and uncertainties which may result in future performance that is materially different from the Report's assumptions and/or conclusions. As such, Reports are not a guaranty of future performance nor a prospectus related to the underlying securities (if any), and under reliance should not be placed upon the Reports in the purchase, sale, or holding of any security.*

Canopy Financial Technology Partners \| <u>www.canopytpr.com</u> \|©2021 Proprietary and Confidential

## Exhibit 99.3

**Exhibit 99.3 Schedule 1**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Investor Loan ID** | **Seller Loan ID** | **Lender Application Date** | **Originator QM Status** | **Final QM Status** | **Originator QM Status Difference than Final QM Status?** | **Reason Why NonQM Final Status** | **APR Pricing Threshold Exceeded?** | **QM DTI Threshold Exceeded?** | **Higher Priced Mortgage Loan (HPML)?** | **Negatively Amortizing Loan?** | **Principal Deferment?** | **Interest Only Flag?** | **Prepayment Penalty?** | **Balloon Flag?** | **Adjustable Rate Balloon?** | **Loan Term Less Than 5 Years?** | **QM Points and Fees Threshold Exceeded?** | **QM Total Points and Fees** | **APR** | **ATR: Qualifying Payment Properly Considered?** | **ATR: Current Employment/Self-Employment Verified?** | **ATR: Balloon Qualifying Payment Properly Considered?** | **ATR: Reasonable Income or Assets Considered?** | **ATR: Subject PITIA Adequately Documented?** | **ATR: All Liabilities Including Alimony and Child Support in DTI?** | **ATR: Simultaneous Loan Calculated Properly** | **ATR: Credit History was Considered Properly?** | **ATR: Did Lender Document All ATR Factors?** | **ATR: Was an ATR/QM Residual Income Analysis Provided?** | **Residual Income** | **Residual Income Meets Guidelines?** | **Borrower 1 Employment Indicator** | **Borrower 2 Employment Indicator** | **Borrower 1 Foreign National Indicator** | **Borrower 2 Foreign National Indicator** | **Business Purpose Loan?** | **Business Purpose Verified?** |
| 849778 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx | N/A | Not Employed |  | No |  | Yes | Present |
| 885132 |  |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Yes | Yes | Yes | No | No | No | No | No | No | No | Not Tested | xxx | xxx | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | xxx | Yes | Employed |  | No |  | No |  |
| 865648 |  |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | No | No | Yes | No | No | No | No | No | No | No | Not Tested | xxx | xxx | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | xxx | N/A | Employed |  | No |  | No |  |
| 812952 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No | No | Yes | Present |
| 780288 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No | No | Yes | Present |
| 831356 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No |  | Yes | Present |
| 881903 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | Yes |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx | N/A | Employed |  | No |  | Yes | Present |
| 863327 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No |  | Yes | Present |
| 834585 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No |  | Yes | Present |
| 860511 |  |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Yes | No | Yes | No | No | No | No | No | No | No | Yes | xxx | xxx | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | xxx | Yes | Employed |  | No |  | No |  |
| 863111 |  |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | No | No | No | No | No | No | No | No | No | No | No | xxx | xxx | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | xxx | N/A | Employed | Employed | No | No | No |  |
| 851956 |  |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | No | No | No | No | No | No | No | No | No | No | No | xxx | xxx | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | xxx | N/A | Employed |  | No |  | No |  |
| 798032 |  |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | No | No | No | No | No | No | No | No | No | No | No | xxx | xxx | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | xxx | N/A | Employed |  | No |  | No |  |
| 873509 |  |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | No | No | Yes | No | No | No | No | No | No | No | No | xxx | xxx | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | xxx | N/A | Employed | Employed | No | No | No |  |
| 836185 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No |  | Yes | Present |
| 886709 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No |  | Yes | Present |
| 881246 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No |  | Yes | Present |
| 858677 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx | N/A | Employed | Employed | No | No | Yes | Present |
| 803229 |  |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | No | No | No | No | No | No | No | No | No | No | No | xxx | xxx | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | xxx | Yes | Employed | Employed | No | No | No |  |
| 812125 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No |  | Yes | Present |
| 883280 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx | N/A | Employed |  | No |  | Yes | Present |
| 844740 |  |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | No | No | Yes | No | No | No | No | No | No | No | Yes | xxx | xxx | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | xxx | N/A | Employed |  | No |  | No |  |
| 883717 |  |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | No | Yes | Yes | No | No | No | No | No | No | No | Yes | xxx | xxx | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | xxx | Yes | Employed |  | No |  | No |  |
| 878725 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No |  | Yes | Present |
| 857295 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No |  | Yes | Present |
| 863932 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No |  | Yes | Present |
| 883795 |  |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | No | No | Yes | No | No | No | No | No | No | No | No | xxx | xxx | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | xxx | N/A | Employed |  | No |  | No |  |
| 801842 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No |  | Yes | Present |
| 853912 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No |  | Yes | Present |
| 881226 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No |  | Yes | Present |
| 795107 |  |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | No | Yes | No | No | No | No | No | No | No | No | No | xxx | xxx | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | xxx | Yes | Employed | Not Employed | No | No | No |  |
| 880626 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No |  | Yes | Present |
| 798172 |  |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Yes | No | Yes | No | No | Yes | No | No | No | No | Yes | xxx | xxx | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | xxx | Yes | Employed |  | No |  | No |  |
| 859027 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | Yes |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx | Yes | Employed |  | No |  | Yes | Present |
| 815607 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No |  | Yes | Present |
| 841284 |  |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | No | No | No | No | No | No | No | No | No | No | No | xxx | xxx | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | xxx | N/A | Employed |  | No |  | No |  |
| 779987 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No |  | Yes | Present |
| 813762 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No | No | Yes | Present |
| 790365 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No |  | Yes | Present |
| 810677 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No |  | Yes | Present |
| 813075 |  |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Yes | No | Yes | No | No | No | No | No | No | No | No | xxx | xxx | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | xxx | Yes | Employed |  | No |  | No |  |
| 832048 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx | N/A | Employed | Employed | No | No | Yes | Present |
| 868607 |  |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | No | No | No | No | No | No | No | No | No | No | No | xxx | xxx | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | xxx | Yes | Employed | Not Employed | No | No | No |  |
| 855879 |  |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | No | No | Yes | No | No | No | No | No | No | No | Yes | xxx | xxx | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | xxx | N/A | Employed |  | No |  | No |  |
| 860463 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No |  | Yes | Present |
| 888830 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No |  | Yes | Present |
| 877273 |  |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | No | No | Yes | No | No | No | No | No | No | No | No | xxx | xxx | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | xxx | N/A | Employed |  | No |  | No |  |
| 880123 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No |  | Yes | Present |
| 825618 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No | No | Yes | Present |
| 887969 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No |  | Yes | Present |
| 795375 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | No |  | Yes | Present |
| 778899 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx |  |  |  | Yes |  | Yes | Present |
| 867042 |  |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Yes | Yes | No | No | No | No | No | No | No | No | No | xxx | xxx | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | xxx | Yes | Employed | Not Employed | No | No | No |  |
| 854486 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx | N/A | Employed |  | No |  | Yes | Present |
| 804959 |  |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | No | No | Yes | No | No | No | No | No | No | No | Yes | xxx | xxx | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | xxx | N/A | Employed |  | No |  | No |  |
| 838770 |  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | Yes |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | xxx | N/A | Employed |  | No |  | Yes | Present |

---

## Exhibit 99.3

**Exhibit 99.3 Schedule 2**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 834585 |  |  | xxx | Borrower 1 First Name | xxx | xxx |  |
| 834585 |  |  | xxx | Borrower 1 Last Name | xxx | xxx |  |
| 865648 |  |  | xxx | Cash Disbursement Date | xxx | xxx |  |
| 831356 |  |  | xxx | Cash Disbursement Date | xxx | xxx |  |
| 834585 |  |  | xxx | Cash Disbursement Date | xxx | xxx |  |
| 836185 |  |  | xxx | Cash Disbursement Date | xxx | xxx |  |
| 881226 |  |  | xxx | Cash Disbursement Date | xxx | xxx |  |
| 798172 |  |  | xxx | Cash Disbursement Date | xxx | xxx |  |
| 815607 |  |  | xxx | Cash Disbursement Date | xxx | xxx |  |
| 880123 |  |  | xxx | Cash Disbursement Date | xxx | xxx |  |
| 825618 |  |  | xxx | Cash Disbursement Date | xxx | xxx |  |
| 795375 |  |  | xxx | Cash Disbursement Date | xxx | xxx |  |
| 854486 |  |  | xxx | Monthly HOA $| xxx | xxx |  |
| 859027 |  |  | xxx | Monthly Property Tax Amount | xxx | xxx |  |
| 854486 |  |  | xxx | Monthly Property Tax Amount | xxx | xxx |  |
| 888830 |  |  | xxx | Number of Units | 3 | 2 |  |
| 885132 |  |  | xxx | Primary Mortgage or Rent Times 30 | 1 | 0 |  |
| 885132 |  |  | xxx | Primary Mortgage or Rent Times 60 | 1 | 0 |  |
| 834585 |  |  | xxx | Property Type | Two to Four Unit | Single Family Detached |  |
| 873509 |  |  | xxx | Property Type | Two to Four Unit | Single Family Detached |  |
| 888830 |  |  | xxx | Property Type | Two to Four Unit | Single Family Detached |  |
| 854486 |  |  | xxx | Property Type | PUD | SFR |  |
| 881903 |  |  | xxx | Property Value | xxx | xxx |  |
| 804959 |  |  | xxx | Property Value | xxx | xxx |  |
| 795107 |  |  | xxx | Qualifying Housing Debt Income Ratio | 9.11 | 11.67 |  |
| 804959 |  |  | xxx | Qualifying LTV | 40.49 | 41.959 |  |
| 795107 |  |  | xxx | Qualifying Total Debt Income Ratio | 45.14 | 49.87 |  |
| 867042 |  |  | xxx | Qualifying Total Debt Income Ratio | 47.5 | 34.62 |  |
| 838770 |  |  | xxx | Qualifying Total Debt Income Ratio | 48.41 | 46.62 |  |
| 878725 |  |  | xxx | Reviewed Total Housing Expense PITIA | xxx | xxx |  |
| 795375 |  |  | xxx | Reviewed Total Housing Expense PITIA | xxx | xxx |  |
| 865648 |  |  | xxx | Total Monthly Property Insurance Amount | xxx | xxx |  |
| 881246 |  |  | xxx | Total Monthly Property Insurance Amount | xxx | xxx |  |
| 790365 |  |  | xxx | Total Monthly Property Insurance Amount | xxx | xxx |  |

---

## Exhibit 99.3

**Exhibit 99.3 Schedule 3**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** | **Unique Finding ID** |
| 849778 |  | D A | Closed | FPRO1244 | 2022-09-13 10:48 | 2022-09-20 10:20 | Resolved | 1 - Information D A | Property | Missing Doc - Third Party Valuation | 3rd Party Valuation Product is Required and Missing | Resolved-Document Uploaded. desk review provided with value of xxx or 0% variance .finding resolved . - Due Diligence Vendor-09/xx/2022 <br> Ready for Review-CDA not provided and CDA needed. Order placed for third party product. - Due Diligence Vendor-09/xx/2022 <br> Ready for Review-Canopy valuation process - to order product. - Seller-09/xx/2022 <br> Open-3rd party product missing from loan file - Due Diligence Vendor-09/xx/2022 | Ready for Review-Canopy valuation process - to order product. - Seller-09/xx/2022<br>| Resolved-Document Uploaded. desk review provided with value of xxx or 0% variance .finding resolved . - Due Diligence Vendor-09/xx/2022 | Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals null |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | N/A | N/A | xxx |
| 885132 |  | C B A | Closed | FVAL3825 | 2025-02-09 10:11 | 2025-02-10 15:06 | Resolved | 1 - Information C A | Property | Property Issue | FEMA Declared Disaster Dated Prior to the Note Date, After Appraisal Date | Resolved-Per xxx directive, property located outside of immediate impact area. xxx. - Due Diligence Vendor-02/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-02/xx/2025 <br> Open-"xxx." - Due Diligence Vendor-02/xx/2025 | Ready for Review-Document Uploaded. - Seller-02/xx/2025<br>| Resolved-Per xxx directive, property located outside of immediate impact area. PDI reflects no damage or impact to marketability and is acceptable - Due Diligence Vendor-02/xx/2025 | Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 8.07 Years<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 10.08 Years |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | xxx |
| 885132 |  | C B A | Closed | FCRE1193 | 2025-02-05 00:44 | 2025-02-09 10:00 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Waived-Audited DTI of 45.21% exceeds Guideline DTI of 43% GUIDELINE EXCEPTION 3: CURRENT DTI OF 45.21% EXCEEDS THE ACCEPTABLE LIMIT OF 43% - Due Diligence Vendor-02/xx/2025 |  | Waived-Audited DTI of 45.21% exceeds Guideline DTI of 43% GUIDELINE EXCEPTION 3: CURRENT DTI OF 45.21% EXCEEDS THE ACCEPTABLE LIMIT OF 43% - Due Diligence Vendor-02/xx/2025<br>| Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 8.07 Years<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 10.08 Years | COMPENSATING FACTORS:<br> 1. LTV is 65%<br> 2. Residual income is xxx, minimum residual income is xxx |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | Yes | xxx |
| 885132 |  | C B A | Closed | FCRE1440 | 2025-02-05 00:48 | 2025-02-09 10:00 | Waived | 2 - Non-Material B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Housing History Does Not Meet Guideline Requirements GUIDELINE EXCEPTION 1: HOUSING HISTORY. BORROWER HAS 1X60X12 AND 3X30X12 ON THE SUBJECT PROPERTY when max allowed is 0x30x12. - Due Diligence Vendor-02/xx/2025 |  | Waived-Housing History Does Not Meet Guideline Requirements GUIDELINE EXCEPTION 1: HOUSING HISTORY. BORROWER HAS 1X60X12 AND 3X30X12 ON THE SUBJECT PROPERTY when max allowed is 0x30x12. - Due Diligence Vendor-02/xx/2025<br>| Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 8.07 Years<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 10.08 Years | COMPENSATING FACTORS:<br> 1. LTV is 65%<br> 2. Residual income is xxx, minimum residual income is xxx |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | Yes | xxx |
| 865648 |  | C B A | Closed | FVAL3825 | 2025-02-08 12:28 | 2025-02-11 09:29 | Resolved | 1 - Information C A | Property | Property Issue | FEMA Declared Disaster Dated Prior to the Note Date, After Appraisal Date | Resolved-Per xxx directive, property located outside of immediate impact area. PDI reflects no damage or impact to marketability and is acceptable - Due Diligence Vendor-02/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-02/xx/2025 <br> Open-"xxx" - Due Diligence Vendor-02/xx/2025 | Ready for Review-Document Uploaded. - Seller-02/xx/2025<br>| Resolved-Per xxx directive, property located outside of immediate impact area. PDI reflects no damage or impact to marketability and is acceptable - Due Diligence Vendor-02/xx/2025 | Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 70% Is Below The Guideline Maximum Of 85% By Ten Percent (10%) Or More<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 12.11 Years<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 12.08 Years<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 29.12% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | xxx |
| 865648 |  | C B A | Closed | FCRE8611 | 2025-02-06 13:10 | 2025-02-08 12:22 | Waived | 2 - Non-Material B | Credit | Income | Income/Employment General | Waived- Exception to extend the expiration date on income. Income expired 1/xx/2025 - Due Diligence Vendor-02/xx/2025 |  | Waived- Exception to extend the expiration date on income. Income expired xxx - Due Diligence Vendor-02/xx/2025 | Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 70% Is Below The Guideline Maximum Of 85% By Ten Percent (10%) Or More<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 12.11 Years<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 12.08 Years<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 29.12% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More | 1. Low DTI of 27.659%<br> 2. Low LTV of 70%.<br> 3. Payment shock of 101.797%. |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 865648 |  | C B A | Closed | FVAL9739 | 2025-02-06 13:10 | 2025-02-08 12:22 | Waived | 2 - Non-Material B | Property | Appraisal | Property/Appraisal General | Waived-Exception infile for the subject property exceeds the required acreage by more than 10 acres. The actual acres are 32.78. - Due Diligence Vendor-02/xx/2025 |  | Waived-Exception infile for the subject property exceeds the required acreage by more than 10 acres. The actual acres are 32.78. - Due Diligence Vendor-02/xx/2025<br>| Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 70% Is Below The Guideline Maximum Of 85% By Ten Percent (10%) Or More<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 12.11 Years<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 12.08 Years<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 29.12% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More | 1. Low DTI of 27.659%<br> 2. Low LTV of 70%.<br> 3. Payment shock of 101.797%. |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 865648 |  | C B A | Closed | FPRO1251 | 2025-02-06 13:08 | 2025-02-08 12:22 | Waived | 2 - Non-Material B | Credit | Eligibility | Property Zoning Does Not Meet Program Requirements | Waived- Exception in file for the subject property is in a light agricultural zoning. As per guidelines, agricultural zone property is ineligible. - Due Diligence Vendor-02/xx/2025 |  | Waived- Exception in file for the subject property is in a light agricultural zoning. As per guidelines, agricultural zone property is ineligible. - Due Diligence Vendor-02/xx/2025<br>| Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 70% Is Below The Guideline Maximum Of 85% By Ten Percent (10%) Or More<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 12.11 Years<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 12.08 Years<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 29.12% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More | 1. Low DTI of 27.659%<br> 2. Low LTV of 70%.<br> 3. Payment shock of 101.797%. |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 812952 |  | C A | Closed | FCOM8846 | 2025-03-26 07:35 | 2025-06-04 10:26 | Resolved | 1 - Information C A | Compliance | State Reg | Business Purpose, Prepayment Penalty Restriction - Illinois | Resolved-allowed for entity loans, per xxx. Business Transactions § 205/4. General interest rate (2) Except for loans described in subparagraph (a), (c), (d), (e), (f) or (i) of subsection (1) / 1(a) Any loan made to a corporation - Due Diligence Vendor-06/xx/2025 <br> Ready for Review-Business purpose investment property that closed in LLC, does not apply. Please waive. - Seller-06/xx/2025 <br> Open-The subject property's state, xxx, does not allow pre-payment penalties for Business Purpose loans where the interest rate exceeds 8% (If xx, Loan amount cannot be less than xxx as well Updated as per note, Prepayment penalty doc is showing 5Years. - Due Diligence Vendor-03/xx/2025 | Ready for Review-Business purpose investment property that closed in LLC, does not apply. Please waive. - Seller-06/xx/2025<br>| Resolved-allowed for entity loans, per xxx. Business Transactions § 205/4. General interest rate (2) Except for loans described in subparagraph (a), (c), (d), (e), (f) or (i) of subsection (1) / 1(a) Any loan made to a corporation - Due Diligence Vendor-06/xx/2025 | Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 65% Is Below The Guideline Maximum Of 75% By Ten Percent (10%) Or More<br> Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 100.92 Are Greater Than The Guideline Minimum Of 7 By Six (6) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx |
| 780288 |  | D A C | Closed | FCRE1198 | 2025-03-26 09:50 | 2025-06-02 11:07 | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Audited Reserves of 71.24 are greater than or equal to Guideline Required Reserves of 7.22 - Due Diligence Vendor-06/xx/2025 <br> Ready for Review-Document Uploaded. HUD from simultaneous transaction uploaded. Cash out proceeds used. - Seller-05/xx/2025 <br> Open-Audited Reserves of are less than Guideline Required Reserves of 7.22 Verified liquid assets xxx + Gifts xxx + Reserves on CD xxx = xxx. Funds to close (CD) xxx + 6 months reserves (xxx) xxx + 1 month REO xxx = xxx. Short funds to close/reserves = xxx - Due Diligence Vendor-03/xx/2025 | Ready for Review-Document Uploaded. HUD from simultaneous transaction uploaded. Cash out proceeds used. - Seller-05/xx/2025<br>| Resolved-Audited Reserves of 71.24 are greater than or equal to Guideline Required Reserves of 7.22 - Due Diligence Vendor-06/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 71.24 Are Greater Than The Guideline Minimum Of 7.22 By Six (6) Or More Months |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | xxx |
| 780288 |  | D A C | Closed | FCRE7000 | 2025-03-26 09:47 | 2025-06-02 11:06 | Resolved | 1 - Information C A | Credit | Assets | Insufficient Total Liquid Assets Available for Close | Resolved-Total Liquid Assets Available for Close Resolved - Due Diligence Vendor-06/xx/2025 <br> Ready for Review-Document Uploaded. HUD from simultaneous transaction uploaded. Cash out proceeds used. - Seller-05/xx/2025 <br> Open-Total Liquid Assets Available for Close of xxx is less than Total Cash to Close xxx. Verified liquid assets xxx + Gifts xxx + Reserves on CD xxx = xxx. Funds to close (CD) xxx + 6 months reserves (xxx) xxx + 1 month REO xxx. Short funds to close/reserves = xxx - Due Diligence Vendor-03/xx/2025 | Ready for Review-Document Uploaded. HUD from simultaneous transaction uploaded. Cash out proceeds used. - Seller-05/xx/2025<br>| Resolved-Total Liquid Assets Available for Close Resolved - Due Diligence Vendor-06/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 71.24 Are Greater Than The Guideline Minimum Of 7.22 By Six (6) Or More Months |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | xxx |
| 780288 |  | D A C | Closed | FCOM1477 | 2025-03-26 12:39 | 2025-03-31 10:37 | Resolved | 1 - Information D A | Compliance | Missing Doc - Rate Lock | Missing evidence of rate lock | Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-03/xx/2025 <br>Ready for Review-Document Uploaded. - Seller-03/xx/2025 <br>Open-Evidence of Rate Lock Missing Evidence of Rate Lock Missing - Due Diligence Vendor-03/xx/2025 | Ready for Review-Document Uploaded. - Seller-03/xx/2025<br>| Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-03/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 71.24 Are Greater Than The Guideline Minimum Of 7.22 By Six (6) Or More Months |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | xxx |
| 831356 |  | B A | Closed | FVAL5981 | 2025-03-31 15:05 | 2025-03-31 15:06 | Waived | 2 - Non-Material B | Credit | Eligibility | Property Type does not meet eligibility requirement(s) | Waived-Lender exception for property type of assisted living facility. - Due Diligence Vendor-03/xx/2025 | Property appraised as SFR with appraiser comments. Exterior similar to surrounding homes.<br> DSCR based on lower of estimated rent vs actual rent from 5 year lease. - 03/xx/2025 <br>| Waived-Lender exception for property type of assisted living facility. - Due Diligence Vendor-03/xx/2025<br>| Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 59.1% Is Below The Guideline Maximum Of 75% By Ten Percent (10%) Or More<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 6.33 Years<br>Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 22.14 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months | LTV < 60%<br> FICO is xxx<br> Borrower is experience investor with multiple properties<br> Housing history is 0x30x12 on all properties.  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | Originator Pre-Close | Yes | xxx |
| 831356 |  | B A | Closed | FCRE1004 | 2025-03-31 15:02 | 2025-03-31 15:02 | Waived | 2 - Non-Material B | Credit | Eligibility | Credit Event Seasoning is Less than Guideline Minimum | Waived-Credit documents reviewed indicate a derogatory credit event (bankruptcy, foreclosure, short sale, deed-in-lieu, or modification) that does not meet minimum seasoning requirements per guidelines. Lender approval for loan modification being less than 48 month guideline. - Due Diligence Vendor-03/xx/2025 |  | Waived-Credit documents reviewed indicate a derogatory credit event (bankruptcy, foreclosure, short sale, deed-in-lieu, or modification) that does not meet minimum seasoning requirements per guidelines. Lender approval for loan modification being less than xxx month guideline. - Due Diligence Vendor-03/xx/2025 | Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 59.1% Is Below The Guideline Maximum Of 75% By Ten Percent (10%) Or More<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 6.33 Years<br>Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 22.14 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months | LTV <60%<br> FICO is xxx<br> Borrower is experienced investor with multiple properties. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | Originator Pre-Close | Yes | xxx |
| 881903 |  | B A | Closed | FCRE1195 | 2025-04-03 13:58 | 2025-04-05 15:02 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV | Waived-Audited CLTV of 70% exceeds Guideline CLTV of 65% Exception to allow LTV of 70% while max allowed is 65% for loan amount above xxx. - Due Diligence Vendor-04/xx/2025 |  | Waived-Audited CLTV of 70% exceeds Guideline CLTV of 65% Exception to allow LTV of 70% while max allowed is 65% for loan amount above xxx. - Due Diligence Vendor-04/xx/2025 | Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20.25 Years<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20.26 Years | Min FICO required is xxx, Current FICO is xxx. Current DTI is of 46.834% while max allowed is 50%. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 881903 |  | B A | Closed | FCRE1194 | 2025-04-03 13:58 | 2025-04-05 15:01 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 70% exceeds Guideline LTV of 65% Exception to allow LTV of 70% while max allowed is 65% for loan amount above xxx. - Due Diligence Vendor-04/xx/2025 |  | Waived-Audited LTV of 70% exceeds Guideline LTV of 65% Exception to allow LTV of 70% while max allowed is 65% for loan amount above xxx. - Due Diligence Vendor-04/xx/2025 | Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20.25 Years<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20.26 Years | Min FICO required is xxx, Current FICO is xxx. Current DTI is of 46.834% while max allowed is 50%. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 881903 |  | B A | Closed | FCRE1199 | 2025-04-03 13:58 | 2025-04-05 15:00 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited Loan Amount is greater than Guideline Maximum Loan Amount | Waived-Audited Loan Amount of xxx is greater than the Guideline Maximum Loan Amount of xxx Exception for current loan amount of xxx exceeds the max allowed of xxx for cashout transactions based on xxx fico score. - Due Diligence Vendor-04/xx/2025 |  | Waived-Audited Loan Amount of xxx is greater than the Guideline Maximum Loan Amount of xxx Exception for current loan amount of xxx exceeds the max allowed of xxx for cashout transactions based on xxx fico score. - Due Diligence Vendor-04/xx/2025 | Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20.25 Years<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20.26 Years | Min FICO required is xxx, Current FICO is xxx. Current DTI is of 46.834% while max allowed is 50%. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 881903 |  | B A | Closed | FCRE1196 | 2025-04-03 13:58 | 2025-04-05 14:59 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited HCLTV Exceeds Guideline HCLTV | Waived-Audited HCLTV of 70% exceeds Guideline HCLTV of 65% Exception to allow LTV of 70% while max allowed is 65% for loan amount above xxx. - Due Diligence Vendor-04/xx/2025 |  | Waived-Audited HCLTV of 70% exceeds Guideline HCLTV of 65% Exception to allow LTV of 70% while max allowed is 65% for loan amount above xxx. - Due Diligence Vendor-04/xx/2025 | Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20.25 Years<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20.26 Years | Min FICO required is xxx, Current FICO is xxx. Current DTI is of 46.834% while max allowed is 50%. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 881903 |  | B A | Closed | FCRE6763 | 2025-04-03 14:03 | 2025-04-05 14:58 | Waived | 2 - Non-Material B | Credit | Income | Income documentation does not meet guidelines | Waived-Exception for using a calculated higher income from bank statements than the initial disclosed loan application, where income was not disclosed, since the loan was initially processed under the DSCR program. <br> - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception for using a calculated higher income from bank statements than the initial disclosed loan application, where income was not disclosed, since the loan was initially processed under the DSCR program. <br> - Due Diligence Vendor-04/xx/2025<br>| Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20.25 Years<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20.26 Years | Min FICO required is xxx, Current FICO is xxx. Current DTI is of 46.834% while max allowed is 50%. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 881903 |  | B A | Closed | FCRE1440 | 2025-04-03 14:03 | 2025-04-05 14:58 | Waived | 2 - Non-Material B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Exception for borrower pay history does not meet housing history of 1x30x12. Mortgage lates on subject property is 2x30x12. - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception for borrower pay history does not meet housing history of 1x30x12. Mortgage lates on subject property is 2x30x12. - Due Diligence Vendor-04/xx/2025<br>| Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20.25 Years<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20.26 Years | Min FICO required is xxx, Current FICO is xxx. Current DTI is of 46.834% while max allowed is 50%. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 881903 |  | B A | Closed | FVAL9739 | 2025-04-03 14:04 | 2025-04-05 14:57 | Waived | 2 - Non-Material B | Property | Appraisal | Property/Appraisal General | Waived-Exception to use transfer appraisal report over 45 days old at the time of submission to xxx (xxx – 68 days). - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception to use transfer appraisal report over xxx days old at the time of submission to xxx - xxx days). - Due Diligence Vendor-04/xx/2025 | Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20.25 Years<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20.26 Years | Min FICO required is xxx, Current FICO is xxx. Current DTI is of 46.834% while max allowed is 50%. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 881903 |  | B A | Closed | FCRE1004 | 2025-04-03 14:08 | 2025-04-05 14:56 | Waived | 2 - Non-Material B | Credit | Eligibility | Credit Event Seasoning is Less than Guideline Minimum | Waived-Credit documents reviewed indicate a derogatory credit event (bankruptcy, foreclosure, short sale, deed-in-lieu, or modification) that does not meet minimum seasoning requirements per guidelines. Exception loan did not meet the seasoning requirement of 36 months for pre-foreclosure/nod. Pre-foreclosure activity recorded on xxx is reflected on the property profile. Public records does not show recorded recession.<br> - Due Diligence Vendor-04/xx/2025 |  | Waived-Credit documents reviewed indicate a derogatory credit event (bankruptcy, foreclosure, short sale, deed-in-lieu, or modification) that does not meet minimum seasoning requirements per guidelines. Exception loan did not meet the seasoning requirement of xxx months for pre-foreclosure/nod. Pre-foreclosure activity recorded on xxx is reflected on the property profile. Public records does not show recorded recession. - Due Diligence Vendor-04/xx/2025 | Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20.25 Years<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20.26 Years | Min FICO required is xxx, Current FICO is xxx. Current DTI is of 46.834% while max allowed is 50%. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 881903 |  | B A | Closed | FCRE1198 | 2025-04-03 14:10 | 2025-04-05 14:55 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Exception to use 7.5 months of reserves in lieu of required of 9 months. - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception to use 7.5 months of reserves in lieu of required of 9 months. - Due Diligence Vendor-04/xx/2025<br>| Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20.25 Years<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20.26 Years | Min FICO required is xxx, Current FICO is xxx. Current DTI is of 46.834% while max allowed is 50%. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 881903 |  | B A | Closed | FCRE0360 | 2025-04-03 14:10 | 2025-04-05 14:55 | Waived | 2 - Non-Material B | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception to use VOM with payment ledger. - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception to use VOM with payment ledger. - Due Diligence Vendor-04/xx/2025<br>| Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20.25 Years<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20.26 Years | Min FICO required is xxx, Current FICO is xxx. Current DTI is of 46.834% while max allowed is 50%. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 881903 |  | B A | Closed | FCRE1964 | 2025-04-03 14:11 | 2025-04-05 14:55 | Waived | 2 - Non-Material B | Credit | Missing Doc | Missing income documentation | Waived-Exception to use 11-month business bank statement (xxx) for xxx and 8-month business bank statement (xxx) for xxx. Income calculated based on 12 months - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception to use 11-month business bank statement (xxx) for xxx and 8-month xxx for xxx. Income calculated based on 12 months - Due Diligence Vendor-04/xx/2025 | Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20.25 Years<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20.26 Years | Min FICO required is xxx, Current FICO is xxx. Current DTI is of 46.834% while max allowed is 50%. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 881903 |  | B A | Closed | FCRE8611 | 2025-04-03 14:13 | 2025-04-05 14:54 | Waived | 2 - Non-Material B | Credit | Income | Income/Employment General | Waived-Exception to use income from 5 businesses while maximum allowed per guideline is 1. <br> - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception to use income from 5 businesses while maximum allowed per guideline is 1. <br> - Due Diligence Vendor-04/xx/2025<br>| Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20.25 Years<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20.26 Years | Min FICO required is xxx, Current FICO is xxx. Current DTI is of 46.834% while max allowed is 50%. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 881903 |  | B A | Closed | FCRE8201 | 2025-04-03 14:20 | 2025-04-05 14:54 | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Exception for not meeting waiting period of xxx months for loan modification which is related to mortgage note extension. - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception for not meeting waiting period of 36 months for loan modification which is related to mortgage note extension. - Due Diligence Vendor-04/xx/2025<br>| Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20.25 Years<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20.26 Years | Min FICO required is xxx, Current FICO is xxx. Current DTI is of 46.834% while max allowed is 50%. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | Yes | xxx |
| 881903 |  | B A | Closed | FCRE8728 | 2025-04-03 14:23 | 2025-04-05 14:53 | Waived | 2 - Non-Material B | Credit | Missing Doc - Credit | Missing Payment History | Waived-Exception for loan matured on xxx and no extension provided by lender. Also, no mortgage payment being made post xxx. - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception for loan matured on xxx and no extension provided by lender. Also, no mortgage payment being made post xxx. - Due Diligence Vendor-04/xx/2025 | Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20.25 Years<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20.26 Years | Min FICO required is xxx, Current FICO is xxx. Current DTI is of 46.834% while max allowed is 50%. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 881903 |  | B A | Closed | FPRO1508 | 2025-04-03 14:25 | 2025-04-05 14:52 | Waived | 2 - Non-Material B | Credit | Eligibility | Property Characteristics Do Not Meet Guideline Requirements | Waived-Exception to use appraisal report from xxx, who is xxx, and use Airbnb is used in Lieu of form 1007. - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception to use appraisal report from xxx, who is xxx, and use Airbnb is used in Lieu of form 1007. - Due Diligence Vendor-04/xx/2025 | Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20.25 Years<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20.26 Years | Min FICO required is xxx, Current FICO is xxx. Current DTI is of 46.834% while max allowed is 50%. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 863327 |  | C B A | Closed | FCRE7000 | 2025-04-09 09:33 | 2025-04-16 13:42 | Resolved | 1 - Information C A | Credit | Assets | Insufficient Total Liquid Assets Available for Close | Resolved-Updated Final SS figures. - Due Diligence Vendor-04/xx/2025 <br> Ready for Review-Document Uploaded. We have enough reserves as per requirement by the program (3 months).<br> Please see screenshots and attached asset summary and upload the final asset summary.<br> - Seller-04/xx/2025 <br> Open-Total Liquid Assets Available for Close of xxx is less than Total Cash to Close xxx. Provide the executed lender exception approving less than 4 months reserve requirement. - Due Diligence Vendor-04/xx/2025 | Ready for Review-Document Uploaded. We have enough reserves as per requirement by the program (3 months).<br> Please see screenshots and attached asset summary and upload the final asset summary.<br> - Seller-04/xx/2025<br>| Resolved-Updated Final SS figures. - Due Diligence Vendor-04/xx/2025<br>|  | No compensating Factors | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | N/A | N/A | xxx |
| 863327 |  | C B A | Closed | FCRE1441 | 2025-04-09 09:50 | 2025-04-09 09:50 | Waived | 2 - Non-Material B | Credit | Eligibility | Delinquent Credit History Does Not Meet Guideline Requirements | Waived-Delinquent Credit History Does Not Meet Guideline Requirements Exception required for not meeting the three trade lines requirement. Borrower has only 2 tradelines - Due Diligence Vendor-04/xx/2025 |  | Waived-Delinquent Credit History Does Not Meet Guideline Requirements Exception required for not meeting the three trade lines requirement. Borrower has only 2 tradelines - Due Diligence Vendor-04/xx/2025<br>|  | No compensating Factors  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 863327 |  | C B A | Closed | FCRE1196 | 2025-04-09 09:48 | 2025-04-09 09:48 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited HCLTV Exceeds Guideline HCLTV | Waived-Audited HCLTV of 70% exceeds Guideline HCLTV of 50% Exception required for current FICO of xxx does not meet the minimum requirement of xxx for First time Investor - Due Diligence Vendor-04/xx/2025 |  | Waived-Audited HCLTV of 70% exceeds Guideline HCLTV of 50% Exception required for current FICO of xxx does not meet the minimum requirement of xxx for First time Investor - Due Diligence Vendor-04/xx/2025 |  | No compensating Factors  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 863327 |  | C B A | Closed | FCRE1195 | 2025-04-09 09:48 | 2025-04-09 09:48 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV | Waived-Audited CLTV of 70% exceeds Guideline CLTV of 50% Exception required for current FICO of xxx does not meet the minimum requirement of xxx for First time Investor - Due Diligence Vendor-04/xx/2025 |  | Waived-Audited CLTV of 70% exceeds Guideline CLTV of 50% Exception required for current FICO of xxx does not meet the minimum requirement of xxx for First time Investor - Due Diligence Vendor-04/xx/2025 |  | No compensating Factors  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 863327 |  | C B A | Closed | FCRE1194 | 2025-04-09 09:48 | 2025-04-09 09:48 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 70% exceeds Guideline LTV of 50% Exception required for current FICO of xxx does not meet the minimum requirement of xxx for First time Investor - Due Diligence Vendor-04/xx/2025 |  | Waived-Audited LTV of 70% exceeds Guideline LTV of 50% Exception required for current FICO of xxx does not meet the minimum requirement of xxx for First time Investor - Due Diligence Vendor-04/xx/2025 |  | No compensating Factors  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 863327 |  | C B A | Closed | FCRE1200 | 2025-04-09 09:48 | 2025-04-09 09:48 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Audited Loan Amount of xxx is less than the Guideline Minimum Loan Amount of xxx Exception required for current loan amount of xxx does not meet the minimum required of xxx - Due Diligence Vendor-04/xx/2025 |  | Waived-Audited Loan Amount of xxx is less than the Guideline Minimum Loan Amount of xxx Exception required for current loan amount of xxx does not meet the minimum required of xxx. - Due Diligence Vendor-04/xx/2025 |  | No compensating Factors <br>|  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 863327 |  | C B A | Closed | FCRE1198 | 2025-04-09 09:48 | 2025-04-09 09:48 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Audited Reserves of are less than Guideline Required Reserves of 4 Exception required for 1.8 months reserves, guideline requires at least 4 months reserves - Due Diligence Vendor-04/xx/2025 |  | Waived-Audited Reserves of are less than Guideline Required Reserves of 4 Exception required for 1.8 months reserves, guideline requires at least 4 months reserves - Due Diligence Vendor-04/xx/2025<br>|  | No compensating Factors |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 834585 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other |  |  | xxx |
| 860511 |  | B A | Closed | FCOM1266 | 2025-04-14 16:00 | 2025-04-25 08:31 | Acknowledged | 2 - Non-Material B | Compliance | Disclosures (Federal, State, and Data Dependent) | Homeownership Counseling Disclosure Is Missing | Acknowledged-Homeownership Counseling Disclosure was not included in initial disclosures. Lender Sent disclosure within 120 days of Consummation. - Due Diligence Vendor-04/xx/2025 <br> Ready for Review-Document Uploaded. Please see proof of Homeownership Counseling Disclosure (post consummation) and provide proof of delivery - Buyer-04/xx/2025 <br> Counter-Please send borrower a Homeownership Counseling Disclosure (post consummation) and provide proof of delivery - Due Diligence Vendor-04/xx/2025 <br> Ready for Review-The lender is willing to proceed with waiving this finding at a Grade B level.<br>Compensating Factors: <br>xxx FICO, very low discretionary debt<br>24 month VOR provided showing no lates<br>xxx residual income, where xxx is required<br>37% DTI, where 50% is the max - Buyer-04/xx/2025 <br> Open-Homeownership Counseling Disclosure Is Missing - Due Diligence Vendor-04/xx/2025 |  | Acknowledged-Homeownership Counseling Disclosure was not included in initial disclosures. Lender Sent disclosure within 120 days of Consummation. - Due Diligence Vendor-04/xx/2025 | Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.21<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 36.3% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 15.38 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | Originator Post-Close | Yes | xxx |
| 863111 |  | C A | Closed | FPRO1140 | 2025-04-16 17:13 | 2025-04-18 13:18 | Resolved | 1 - Information C A | Property | Appraisal | Subject property appraisal is not on an as-is basis (Secondary Value) | Resolved-2 Full appraisal in file, First appraisal dated xxx "subject to completion" however second full appraisal dated xxx "As Is" showing requirements were completed. - Due Diligence Vendor-04/xx/2025 <br> Ready for Review- Appraisal #2 addresses subject to items from Appraisal #1 - Seller-04/xx/2025 <br> Open-Secondary Value for Subject Property Appraisal is not on an As-Is Basis and the 1004D Completion Report is not fully Present Missing 442 Completion Cert from appraisal dated xxx. - Due Diligence Vendor-04/xx/2025 | Ready for Review- Appraisal #2 addresses subject to items from Appraisal #1 - Seller-04/xx/2025<br>| Resolved-2 Full appraisal in file, First appraisal dated xxx "subject to completion" however second full appraisal dated xxx "As Is" showing requirements were completed. - Due Diligence Vendor-04/xx/2025 | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 42.32% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br> Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.24<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | N/A | N/A | xxx |
| 851956 |  | D A | Closed | FCRE1316 | 2025-04-15 07:50 | 2025-04-21 10:39 | Resolved | 1 - Information D A | Credit | Missing Doc - Employment | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-04/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-04/xx/2025 <br> Open-Borrower 1 3rd Party VOE Prior to Close Missing. - Due Diligence Vendor-04/xx/2025 | Ready for Review-Document Uploaded. - Seller-04/xx/2025<br>| Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-04/xx/2025<br>| Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 9.75% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br> Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 35.96 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 80% Is Below The Guideline Maximum Of 90% By Ten Percent (10%) Or More<br> Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.04<br> Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 18.08 Years<br> Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 9.40 Years |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | N/A | N/A | xxx |
| 798032 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA |  |  | xxx |
| 873509 |  | B A | Closed | FCRE1197 | 2025-04-16 16:28 | 2025-04-17 11:08 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Audited FICO of xxx is less than Guideline FICO of xxx Exception to use a fico score of xxx for a cash-out transaction with an LTV below 65%, while the minimum fico required for a cash-out transaction is xxx - Due Diligence Vendor-04/xx/2025 |  | Waived-Audited FICO of xxx is less than Guideline FICO of xxx Exception to use a fico score of xxx for a cash-out transaction with an LTV below 65%, while the minimum fico required for a cash-out transaction is xxx+ - Due Diligence Vendor-04/xx/2025 | Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 36.66 Years<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 26.5% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 24.82 Years<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 24.75 Years<br>Borrower 2 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 2 Has Stable Job Time Of Five (5) Or More Years At Current Job - 24.82 Years<br>Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 14.15 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months | Max allowed DTI is of 50% while current DTI is at 26.466% <br> Reserves of 13 + months post loan closing, while requirement is of 3 months |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | Cash Out - Other | Originator Pre-Close | Yes | xxx |
| 836185 |  | B A | Closed | FCRE8138 | 2025-04-16 10:35 | 2025-04-18 13:27 | Waived | 2 - Non-Material B | Credit | Income | DSCR is less than the guideline minimum | Waived-Exception for DSCR xxx. Current DSCR is xxx. - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception for DSCR xxx. Current DSCR is xxx - Due Diligence Vendor-04/xx/2025 | Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points | 100% down payment is from the borrower's own funds , Borrower exceeds minimum credit score requirement by at least 20 points , All consumer credit paid as agreed in the most recent 12 months |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 836185 |  | B A | Closed | FCRE1440 | 2025-04-16 10:35 | 2025-04-18 13:27 | Waived | 2 - Non-Material B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Allow 12 months record of payment and mortgage statement from the lender in lieu of the VOM for the HELOC on the primary residence - Due Diligence Vendor-04/xx/2025 |  | Waived-Allow 12 months record of payment and mortgage statement from the lender in lieu of the VOM for the HELOC on the primary residence - Due Diligence Vendor-04/xx/2025<br>| Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points | 100% down payment is from the borrower's own funds , Borrower exceeds minimum credit score requirement by at least 20 points , All consumer credit paid as agreed in the most recent 12 months |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 886709 |  | B A | Closed | FCRE1491 | 2025-04-18 14:46 | 2025-04-18 14:46 | Waived | 2 - Non-Material B | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Waived-Lender exception#1: Borrower receiving gift funds which are not allowed for non-permanent resident. - Due Diligence Vendor-04/xx/2025 |  | Waived-Lender exception#1: Borrower receiving gift funds which are not allowed for non-permanent resident. - Due Diligence Vendor-04/xx/2025<br>|  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 886709 |  | B A | Closed | FCRE1194 | 2025-04-16 17:54 | 2025-04-18 14:41 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived- Exception to allow LTV of 65%. Per guidelines, borrower who is FTHB or not owned primary residence. Max LTV <br> allowed is 55%. - Due Diligence Vendor-04/xx/2025 |  | Waived- Exception to allow LTV of 65%. Per guidelines, borrower who is FTHB or not owned primary residence. Max LTV <br> allowed is 55%. - Due Diligence Vendor-04/xx/2025<br>|  | 1. DSCR of xxx. <br> 2. FICO of xxx is 12 points higher than the minimum required. <br> 3. Post closing reserves of 3.05 months. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 886709 |  | B A | Closed | FPRO1251 | 2025-04-16 17:55 | 2025-04-18 14:40 | Waived | 2 - Non-Material B | Credit | Eligibility | Property Zoning Does Not Meet Program Requirements | Waived-Exception required for agricultural zoning. Per guidelines, agricultural zones are ineligible - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception required for agricultural zoning. Per guidelines, agricultural zones are ineligible - Due Diligence Vendor-04/xx/2025<br>|  | 1. DSCR of xxx. <br> 2. FICO of xxx is 12 points higher than the minimum required. <br> 3. Post closing reserves of 3.05 months. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 881246 |  | B A | Closed | FCRE1492 | 2025-04-22 08:26 | 2025-04-22 08:26 | Waived | 2 - Non-Material B | Credit | Assets | Cash Out Does Not Meet Guideline Requirements | Waived-Lender exception for cash out refinance on DSCR xxx. Guideline is not allowed. - Due Diligence Vendor-04/xx/2025 |  | Waived-Lender exception for cash out refinance on DSCR xxx. Guideline is not allowed. - Due Diligence Vendor-04/xx/2025 | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 78.47 Are Greater Than The Guideline Minimum Of 4 By Six (6) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points | Borrower exceeds minimum credit score by 12 points<br> All consumer credit paid as agreed most recent 12 months. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | Originator Pre-Close | Yes | xxx |
| 858677 |  | D A | Closed | FCRE1202 | 2025-04-21 13:21 | 2025-04-24 07:55 | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Third Party Fraud Report Partially Provided | Resolved-Third Party Fraud Report is fully present - Due Diligence Vendor-04/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-04/xx/2025 <br> Open-Third Party Fraud Report Partially Provided Provided exclusionary list only. - Due Diligence Vendor-04/xx/2025 | Ready for Review-Document Uploaded. - Seller-04/xx/2025<br>| Resolved-Third Party Fraud Report is fully present - Due Diligence Vendor-04/xx/2025<br>| Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.01<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 107.38 Are Greater Than The Guideline Minimum Of 12 By Six (6) Or More Months<br> Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 12 Years<br> Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 38.4% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br> Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 42.23% Is Below The Guideline Maximum Of 75% By Ten Percent (10%) Or More |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx |
| 803229 |  | D A | Closed | FCRE1503 | 2025-04-18 15:14 | 2025-04-23 15:33 | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Mortgage Statement(s) Missing | Resolved-Note provided. - Due Diligence Vendor-04/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-04/xx/2025 <br> Open-Investment Property xxx has recently refinanced with xxx, But Recent Note Document is not Provided to Calculate Rental Income for the Property. - Due Diligence Vendor-04/xx/2025 | Ready for Review-Document Uploaded. - Seller-04/xx/2025<br>| Resolved-Note provided. - Due Diligence Vendor-04/xx/2025<br>| Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 19.38 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months<br> Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 12 Years<br> Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 38.4% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br> Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 67.79% Is Below The Guideline Maximum Of 90% By Ten Percent (10%) Or More<br> Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.01 |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | N/A | N/A | xxx |
| 812125 |  | D A | Closed | FVAL1310 | 2025-04-24 16:55 | 2025-04-29 11:04 | Resolved | 1 - Information D A | Property | Missing Doc | HOA Questionnaire is Missing or incomplete | Resolved-Condo questionnaire dated xxx provided. - Due Diligence Vendor-04/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-04/xx/2025 <br> Counter-Unable to open attachment, Please re-upload. - Due Diligence Vendor-04/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-04/xx/2025 <br> Open-HOA Questionnaire Document status is Partial. Questionnaire provided is dated xxx. Please provide more up to date questionnaire or lender exception to use dated one. - Due Diligence Vendor-04/xx/2025 | Ready for Review-Document Uploaded. - Seller-04/xx/2025 <br>Ready for Review-Document Uploaded. - Seller-04/xx/2025<br>| Resolved-Condo questionnaire dated xxx provided. - Due Diligence Vendor-04/xx/2025 | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 73.27 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx |
| 883280 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA |  |  | xxx |
| 844740 |  | C B A | Closed | FVAL9739 | 2025-04-25 08:05 | 2025-04-25 15:50 | Waived | 2 - Non-Material C B | Property | Appraisal | Property/Appraisal General | Waived-Lender exception form provided for acreage (pre-close approval). - Due Diligence Vendor-04/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-04/xx/2025 <br> Open-Subject property 10.31 acres. Guidelines allow maximum 10 acres. Missing lender exception for acres > 10 that is noted on 1008. - Due Diligence Vendor-04/xx/2025 | Ready for Review-Document Uploaded. - Seller-04/xx/2025<br>| Waived-Lender exception form provided for acreage (pre-close approval). - Due Diligence Vendor-04/xx/2025<br>| Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 8 Years<br> Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 8.87 Years<br> Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 40.99% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More | DTI >5% lower than max allowable; 5+yrs in subject property' 5+yrs business ownership | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | Cash Out - Other | Originator Pre-Close | Yes | xxx |
| 844740 |  | C B A | Closed | FCRE1437 | 2025-04-25 08:55 | 2025-04-25 15:48 | Resolved | 1 - Information C A | Credit | Income | Income and Employment Do Not Meet Guidelines | Resolved- - Due Diligence Vendor-04/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-04/xx/2025 <br> Open-Income and Employment Do Not Meet Guidelines Missing Internet search for bwr WVOE income with xxx. B1 Wage income calculated using (8.10) Expanded Doc-WVOE to qualify. GL's require Expanded Doc WVOE-An internet search of the business is required with documentation to be included in the credit file to support existence of the business - Due Diligence Vendor-04/xx/2025 | Ready for Review-Document Uploaded. - Seller-04/xx/2025<br>|  | Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 8 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 8.87 Years<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 40.99% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | xxx |
| 883717 |  | D B A | Closed | FCRE1174 | 2025-04-29 09:05 | 2025-05-05 12:49 | Resolved | 1 - Information D A | Credit | Missing Doc - Insurance | HO6 Master Insurance Policy is Partial | Resolved-HO-6 Master Insurance Policy is fully present - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Open-HO-6 Master Insurance Policy Partially Provided Missing Master Condo Property xxx Insurance - Due Diligence Vendor-04/xx/2025 | Ready for Review-Document Uploaded. - Seller-05/xx/2025<br>| Resolved-HO-6 Master Insurance Policy is fully present - Due Diligence Vendor-05/xx/2025 | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 29.75 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 12.08 Years |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | N/A | N/A | xxx |
| 883717 |  | D B A | Closed | FCRE1193 | 2025-04-28 11:39 | 2025-04-29 09:35 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Waived-Audited DTI of 45.91% exceeds Guideline DTI of 43% Current DTI of 45.911% exceeds the max allowed of 43% for FTHB - Due Diligence Vendor-04/xx/2025 |  | Waived-Audited DTI of 45.91% exceeds Guideline DTI of 43% Current DTI of 45.911% exceeds the max allowed of 43% for FTHB - Due Diligence Vendor-04/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 29.75 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 12.08 Years | Reserves exceed minimum required by at least 3 months <br> Borrower exceeds minimum credit score requirement by at least 20 points <br> Property conforms with neighborhood <br> Marketing time under 3 months |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 883717 |  | D B A | Closed | FVAL5474 | 2025-04-28 11:41 | 2025-04-29 09:35 | Waived | 2 - Non-Material B | Credit | Eligibility | Condo project is non-warrantable | Waived-Subject property is a condotel/commercial resort which is not eligible on the program - Due Diligence Vendor-04/xx/2025 |  | Waived-Subject property is a condotel/commercial resort which is not eligible on the program - Due Diligence Vendor-04/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 29.75 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 12.08 Years | Reserves exceed minimum required by at least 3 months <br> Borrower exceeds minimum credit score requirement by at least 20 points <br> Property conforms with neighborhood <br> Marketing time under 3 months |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 883717 |  | D B A | Closed | FCRE1440 | 2025-04-28 11:42 | 2025-04-29 09:34 | Waived | 2 - Non-Material B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Exception for borrower living rent-free and has no/incomplete 12 months housing history - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception for borrower living rent-free and has no/incomplete 12 months housing history - Due Diligence Vendor-04/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 29.75 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 12.08 Years | Reserves exceed minimum required by at least 3 months <br> Borrower exceeds minimum credit score requirement by at least 20 points <br> Property conforms with neighborhood <br> Marketing time under 3 months |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 883717 |  | D B A | Closed | FCRE5102 | 2025-04-28 11:43 | 2025-04-29 09:34 | Waived | 2 - Non-Material B | Credit | Eligibility | Foreclosure History does not meet guidelines | Waived-Exception for 7-12 months mortgagee responsible fees for condo units acquired due to foreclosure - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception for 7-12 months mortgagee responsible fees for condo units acquired due to foreclosure - Due Diligence Vendor-04/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 29.75 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 12.08 Years | Reserves exceed minimum required by at least 3 months <br> Borrower exceeds minimum credit score requirement by at least 20 points <br> Property conforms with neighborhood <br> Marketing time under 3 months |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 883717 |  | D B A | Closed | FVAL9739 | 2025-04-28 11:45 | 2025-04-29 09:34 | Waived | 2 - Non-Material B | Property | Appraisal | Property/Appraisal General | Waived-Investment concentration is more than 60% - Due Diligence Vendor-04/xx/2025 |  | Waived-Investment concentration is more than 60% - Due Diligence Vendor-04/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 29.75 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 12.08 Years | Reserves exceed minimum required by at least 3 months <br> Borrower exceeds minimum credit score requirement by at least 20 points <br> Property conforms with neighborhood <br> Marketing time under 3 months |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 883717 |  | D B A | Closed | FCRE4866 | 2025-04-28 11:46 | 2025-04-29 09:33 | Waived | 2 - Non-Material B | Credit | Eligibility | Original CLTV does not meet eligibility requirement(s) | Waived-Exception to keep the LTV at 75% LTV/CLTV with a declining market - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception to keep the LTV at 75% LTV/CLTV with a declining market - Due Diligence Vendor-04/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 29.75 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 12.08 Years | Reserves exceed minimum required by at least 3 months <br> Borrower exceeds minimum credit score requirement by at least 20 points <br> Property conforms with neighborhood <br> Marketing time under 3 months |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 878725 |  | D B A | Closed | FCRE7347 | 2025-04-29 13:20 | 2025-05-02 14:28 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lease Agreement | Resolved-Per xxx: Lower of Estimated Market Rent from Form 1007 "or" lease agreement "if provided". Monthly rent from an existing lease can be used with lease agreement and proof of last two payments. No lease agreement in file. Lender is using the the market rents. - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-No lease agreement, we used lower of subject property rental amount and gross market rent from 1007 - Seller-05/xx/2025 <br> Open-Lease agreement reflecting monthly rent of xxx is missing from the loan file. - Due Diligence Vendor-04/xx/2025 | Ready for Review-No lease agreement, we used lower of subject property rental amount and gross market rent from 1007 - Seller-05/xx/2025<br>| Resolved-Per xxx: Lower of Estimated Market Rent from Form 1007 "or" lease agreement "if provided". Monthly rent from an existing lease can be used with lease agreement and proof of last two payments. No lease agreement in file. Lender is using the the market rents. - Due Diligence Vendor-05/xx/2025 | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 49.69 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx |
| 878725 |  | D B A | Closed | FCRE8201 | 2025-04-28 17:25 | 2025-04-28 17:25 | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Exception allowing condo single entity ownership exceeded 20%. One entity owns 46% of total units. - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception allowing condo single entity ownership exceeded 20%. One entity owns 46% of total units. - Due Diligence Vendor-04/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 49.69 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points | DSCR of xxx<br> Post closing reserves are xxx months. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | Originator Pre-Close | Yes | xxx |
| 878725 |  | D B A | Closed | FVAL5474 | 2025-04-25 18:30 | 2025-04-28 17:20 | Waived | 2 - Non-Material B | Credit | Eligibility | Condo project is non-warrantable | Waived-Exception required on Condo Project investor concentration of 75% exceeds the allowable limit of 60% - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception required on Condo Project investor concentration of 75% exceeds the allowable limit of 60% - Due Diligence Vendor-04/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 49.69 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points | 1. DSCR xxx<br> 2. Post closing reserves is xxx months which program requires 2 |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | Originator Pre-Close | Yes | xxx |
| 878725 |  | D B A | Closed | FVAL4346 | 2025-04-25 18:32 | 2025-04-28 17:20 | Waived | 2 - Non-Material B | Property | Appraisal | Appraisal is stale dated without recertification in file | Waived-Exception required on appraisal transfer report is >45 days from the application date. Appraisal report is xxx days old at the time of application <br> date. - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception required on appraisal transfer report is >45 days from the application date. Appraisal report is 73 days old at the time of application <br> date. - Due Diligence Vendor-04/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 49.69 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points | <br> 1. DSCR xxx<br> 2. Post closing reserves is xxx months which program requires 2 |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | Originator Pre-Close | Yes | xxx |
| 857295 |  | D B A | Closed | FCRE1815 | 2025-05-02 09:39 | 2025-05-05 12:44 | Resolved | 1 - Information D A | Credit | Missing Doc | Entity Formation Documents for Main Entity and/or Sub-Entity Incomplete | Resolved-Company Agreement for xxx - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Open-Missing Operating Agreement/equivalent, Articles of formation/equivalent, Certificate of good standing, and/or evidence of EIN Missing IRS Tax ID Number. - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. - Seller-05/xx/2025<br>| Resolved-Company Agreement for xxx - Due Diligence Vendor-05/xx/2025 | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 145.77 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | xxx |
| 857295 |  | D B A | Closed | FCRE1194 | 2025-04-30 14:33 | 2025-05-02 09:21 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Exception required for 75% LTV. Property is unleased, per guideline, maximum LTV allowed is 70% - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception required for 75% LTV. Property is unleased, per guideline, maximum LTV allowed is 70% - Due Diligence Vendor-04/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 145.77 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months | Post closing reserves of >2 months, Borrower is an experienced investor, FICO score of xxx, DSCR of xxx. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 857295 |  | D B A | Closed | FCRE6843 | 2025-04-30 14:33 | 2025-05-02 09:20 | Waived | 2 - Non-Material B | Credit | Assets | Asset General | Waived-Exception required to use Verification of Deposit to document assets required for funds to close and reserves - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception required to use Verification of Deposit to document assets required for funds to close and reserves - Due Diligence Vendor-04/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 145.77 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months | Post closing reserves of >2 months, Borrower is an experienced investor, FICO score of xxx, DSCR of xxx. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 863932 |  | D B A | Closed | FCRE1819 | 2025-05-02 10:17 | 2025-05-07 07:37 | Resolved | 1 - Information D A | Credit | Missing Doc | Entity Financial Statement Incomplete | Resolved-Certificate of Good Standing provided. - Due Diligence Vendor-05/xx/2025 <br>Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br>Open-Missing Certificate of Good Standing. - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. - Seller-05/xx/2025<br>| Resolved-Certificate of Good Standing provided. - Due Diligence Vendor-05/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 156.54 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | xxx |
| 863932 |  | D B A | Closed | FCRE6843 | 2025-04-30 10:28 | 2025-05-02 10:32 | Waived | 2 - Non-Material B | Credit | Assets | Asset General | Waived-Exception required to use Verification of Deposit to document assets required for funds to close and reserves - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception required to use Verification of Deposit to document assets required for funds to close and reserves - Due Diligence Vendor-04/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 156.54 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months | Post closing reserves of >4 months, Borrower is an experienced investor, FICO score of xxx, DSCR of xxx. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 863932 |  | D B A | Closed | FCRE1194 | 2025-04-30 10:26 | 2025-05-02 10:32 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Exception required for 75% LTV. Property is unleased, per guideline, maximum LTV allowed is 70% - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception required for 75% LTV. Property is unleased, per guideline, maximum LTV allowed is 70% - Due Diligence Vendor-04/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 156.54 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months | Post closing reserves of >4 months, Borrower is an experienced investor, FICO score of xxx, DSCR of xxx. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 883795 |  | B A | Closed | FCRE1493 | 2025-04-28 09:47 | 2025-04-29 10:33 | Waived | 2 - Non-Material B | Credit | Eligibility | Trade line count does not meet program requirements | Waived-Exception required for not meeting tradeline requirements. Borrower has only Two tradelines with less than 24 months history - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception required for not meeting tradeline requirements. Borrower has only Two tradelines with less than 24 months history - Due Diligence Vendor-04/xx/2025<br>| Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 35.15% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More<br> Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 14.52 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months<br> Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.01 | 14 Months Reserves <br> 35.146% DTI |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 883795 |  | B A | Closed | FCRE1437 | 2025-04-29 10:32 | 2025-04-29 10:32 | Waived | 2 - Non-Material B | Credit | Income | Income and Employment Do Not Meet Guidelines | Waived-Exception required for xxx (xxx) is not allowed on Option 5 (P&L Only) - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception required for NPRA(Non Permanent Resident Alien) is not allowed on Option 5 (P&L Only) - Due Diligence Vendor-04/xx/2025<br>| Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 35.15% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More<br> Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 14.52 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months<br> Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.01 | 14 months reserves<br> 35.146 DTI |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 883795 |  | B A | Closed | FCRE8611 | 2025-04-28 09:51 | 2025-04-29 10:30 | Waived | 2 - Non-Material B | Credit | Income | Income/Employment General | Waived-Exception required for xxx status, borrower is xxx - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception required for xxx status, borrower is neither xxx. - Due Diligence Vendor-04/xx/2025 | Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 35.15% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More<br> Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 14.52 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months<br> Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.01 | 14 Months Reserves <br> 35.146% DTI |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 883795 |  | B A | Closed | FCRE6843 | 2025-04-28 09:53 | 2025-04-29 10:30 | Waived | 2 - Non-Material B | Credit | Assets | Asset General | Waived-Exception required for not meeting 10% borrower's contribution. EMD and Cash to Close are coming from the title only spouse - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception required for not meeting 10% borrower's contribution. EMD and Cash to Close are coming from the title only spouse - Due Diligence Vendor-04/xx/2025<br>| Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 35.15% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More<br> Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 14.52 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months<br> Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.01 | 14 Months Reserves <br> 35.146% DTI |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 801842 |  | B A | Closed | FCRE1194 | 2025-05-02 11:09 | 2025-05-02 11:09 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 75% exceeds Guideline LTV of 70% Exception required for 75% LTV. Property is unleased, per guideline, maximum LTV allowed is 70% - Due Diligence Vendor-05/xx/2025 |  | Waived-Audited LTV of 75% exceeds Guideline LTV of 70% Exception required for 75% LTV. Property is unleased, per guideline, maximum LTV allowed is 70% - Due Diligence Vendor-05/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 144.18 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 801842 |  | B A | Closed | FCRE6843 | 2025-04-30 11:02 | 2025-04-30 11:02 | Waived | 2 - Non-Material B | Credit | Assets | Asset General | Waived-Exception required to use Verification of Deposit to document assets required for funds to close and reserves - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception required to use Verification of Deposit to document assets required for funds to close and reserves - Due Diligence Vendor-04/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 144.18 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months | Post closing reserves of >4 months<br> Borrower is an experienced investor<br> FICO score of xxx<br> DSCR of xxx |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 853912 |  | B A | Closed | FCRE6843 | 2025-05-01 06:21 | 2025-05-01 06:21 | Waived | 2 - Non-Material B | Credit | Assets | Asset General | Waived-Exception required to use Verification of Deposit to document assets required for funds to close and reserves - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception required to use Verification of Deposit to document assets required for funds to close and reserves - Due Diligence Vendor-05/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 143.94 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months | Post closing reserves of >4 months<br> Borrower is an experienced investor<br> FICO score of xxx<br> DSCR of xxx |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 853912 |  | B A | Closed | FCRE1194 | 2025-05-01 06:20 | 2025-05-01 06:20 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Exception required for 75% LTV. Property is unleased, per guideline, maximum LTV allowed is 70% - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception required for 75% LTV. Property is unleased, per guideline, maximum LTV allowed is 70% - Due Diligence Vendor-05/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 143.94 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months | Post closing reserves of >4 months<br> Borrower is an experienced investor<br> FICO score of xxx<br> DSCR of xxx |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 881226 |  | B A | Closed | FCRE6843 | 2025-04-30 15:13 | 2025-05-02 11:59 | Waived | 2 - Non-Material B | Credit | Assets | Asset General | Waived-Exception required to use Verification of Deposit to document assets required for funds to close and reserves - Due Diligence Vendor-04/xx/2025 |  | Waived-Exception required to use Verification of Deposit to document assets required for funds to close and reserves - Due Diligence Vendor-04/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 143.97 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months | Post closing reserves of >4 months, Borrower is an experienced investor, FICO score of xxx, DSCR of xxx. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 881226 |  | B A | Closed | FCRE1194 | 2025-05-02 11:58 | 2025-05-02 11:58 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 75% exceeds Guideline LTV of 70% Exception required for 75% LTV. Property is unleased, per guideline, maximum LTV allowed is 70% - Due Diligence Vendor-05/xx/2025 |  | Waived-Audited LTV of 75% exceeds Guideline LTV of 70% Exception required for 75% LTV. Property is unleased, per guideline, maximum LTV allowed is 70% - Due Diligence Vendor-05/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 143.97 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months | Post closing reserves of >4 months, Borrower is an experienced investor, FICO score of xxx, DSCR of xxx. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 795107 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Second Home | Purchase | NA |  |  | xxx |
| 880626 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other |  |  | xxx |
| 798172 |  | C B A | Closed | FCRE1004 | 2025-05-01 09:11 | 2025-05-12 16:40 | Waived | 2 - Non-Material C B | Credit | Eligibility | Credit Event Seasoning is Less than Guideline Minimum | Waived-Approved Lender Exception: EXCEPTION APPROVAL FOR NOT MEETING SEASONING REQUIREMENT FOR NOTICE OF DEFAULT (NOD) ON THE SUBJECT PROPERTY LOCATED AT xxx - NOTICE xxx DATES: xxx; xxx; AND xxx. - Due Diligence Vendor-05/xx/2025 <br> Counter-The approved Exception form is not E-signed/Dated. - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Open-Credit documents reviewed indicate a xxx credit event (xxx, xxx, xxx, or xxx) that does not meet minimum seasoning requirements per guidelines. EXCEPTION APPROVAL FOR NOT MEETING SEASONING REQUIREMENT FOR xxx. - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. - Seller-05/xx/2025<br>| Waived-Approved Lender Exception: EXCEPTION APPROVAL FOR NOT MEETING SEASONING REQUIREMENT FOR NOTICE OF DEFAULT (NOD) ON THE SUBJECT PROPERTY LOCATED AT xxx - NOTICE xxx DATES: xxx; xxx; AND xxx. - Due Diligence Vendor-05/xx/2025 | Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 29.29% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br> Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 55% Is Below The Guideline Maximum Of 75% By Ten Percent (10%) Or More<br> Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 5.41 Years<br> Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.24<br> Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 69.98 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months | Representative score of xxx when minimum required score is xxx.<br> Credit profile includes total of 15 tradelines, with oldest trade from xxx – established credit. <br> Subject property is located in xxx, is a recent construction with luxury features and finishes throughout. | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | Yes | xxx |
| 798172 |  | C B A | Closed | FCRE8201 | 2025-05-01 09:07 | 2025-05-09 10:39 | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Approved Lender Exception: EXCEPTION APPROVAL TO ALLOW FOR 24PL ONLY WHICH IS NOT ALLOWED FOR THE PROGRAM SELECTED. - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. all 4 counters are for exception form can you please clear all - Seller-05/xx/2025 <br> Counter-The approved Exception form is not E-signed/Dated. - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Open- EXCEPTION APPROVAL TO ALLOW FOR 24PL ONLY WHICH IS NOT ALLOWED FOR THE PROGRAM SELECTED. - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. all 4 counters are for exception form can you please clear all - Seller-05/xx/2025 <br>Ready for Review-Document Uploaded. - Seller-05/xx/2025<br>| Waived-Approved Lender Exception: EXCEPTION APPROVAL TO ALLOW FOR 24PL ONLY WHICH IS NOT ALLOWED FOR THE PROGRAM SELECTED. - Due Diligence Vendor-05/xx/2025<br>| Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 29.29% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br> Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 55% Is Below The Guideline Maximum Of 75% By Ten Percent (10%) Or More<br> Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 5.41 Years<br> Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.24<br> Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 69.98 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months | Representative score of xxx when minimum required score is xxx.<br> Credit profile includes total of 15 tradelines, with oldest trade from xxx – established credit. <br> Subject property is located in xxx, is a recent construction with luxury features and finishes throughout. | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | Yes | xxx |
| 798172 |  | C B A | Closed | FCRE1440 | 2025-05-01 09:13 | 2025-05-09 10:38 | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Approved Lender Exception: : EXCEPTION APPROVAL TO ALLOW FOR EXISTING MORTGAGE TO BE CURRENTLY xxx – LENDER HAS xxx - Due Diligence Vendor-05/xx/2025 <br> Counter-The approved Exception form is not E-signed/Dated. - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Open-EXCEPTION APPROVAL TO ALLOW FOR EXISTING MORTGAGE TO BE xxx – xxx. - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. - Seller-05/xx/2025<br>| Waived-Approved Lender Exception: : EXCEPTION APPROVAL TO ALLOW FOR EXISTING MORTGAGE TO BE CURRENTLY 90+ DAYS DELINQUENT – LENDER HAS BEEN REJECTING PAYMENTS FROM THE BORROWER DUE TO OPEN NOD DATED 02/xx/2025 - Due Diligence Vendor-05/xx/2025<br>| Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 29.29% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br> Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 55% Is Below The Guideline Maximum Of 75% By Ten Percent (10%) Or More<br> Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 5.41 Years<br> Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.24<br> Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 69.98 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months | Representative score of xxx when minimum required score is xxx.<br> Credit profile includes total of 15 tradelines, with oldest trade from xxx – established credit. <br> Subject property is located in xxx, is a recent construction with luxury features and finishes throughout. | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | Yes | xxx |
| 798172 |  | C B A | Closed | FCRE1199 | 2025-05-01 09:08 | 2025-05-09 10:35 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Loan Amount is greater than Guideline Maximum Loan Amount | Waived-Approved Lender Exception: : EXCEPTION APPROVAL FOR CURRENT LOAN AMOUNT OF xxx EXCEEDS THE MAXIMUM ALLOWED OF xxx - Due Diligence Vendor-05/xx/2025 <br> Counter-The approved Exception form is not E-signed/Dated. - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Open- EXCEPTION APPROVAL FOR CURRENT LOAN AMOUNT OF xxx EXCEEDS THE MAXIMUM ALLOWED OF xxx - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. - Seller-05/xx/2025<br>| Waived-Approved Lender Exception: : EXCEPTION APPROVAL FOR CURRENT LOAN AMOUNT OF xxx EXCEEDS THE MAXIMUM ALLOWED OF xxx - Due Diligence Vendor-05/xx/2025 | Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 29.29% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br> Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 55% Is Below The Guideline Maximum Of 75% By Ten Percent (10%) Or More<br> Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 5.41 Years<br> Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.24<br> Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 69.98 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months | Representative score of xxx when minimum required score is xxx.<br> Credit profile includes total of 15 tradelines, with oldest trade from xxx – established credit. <br> Subject property is located in xxx, is a recent construction with luxury features and finishes throughout. | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | Yes | xxx |
| 859027 |  | D B C A | Closed | FCRE1198 | 2025-05-01 16:52 | 2025-05-16 09:32 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Approved Lender Exception: Exception to allow 2.5-months reserves. Per guideline reserves requirement is 6 months of pitia. - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Counter-Document Uploaded. The Approved Lender Exception states Exception to allow 5-months reserves however audited reserves is 2.35 months. Please update Approved Exception form with the Audited Reserves. - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Counter-Document Uploaded. Where is the CTC of xxx coming from for the subject property. per the SS/HUD located on page xxx states Cash due from borrower is xxx & the proceeds from the sale of xxx SS/HUD provided states Cash to borrower is xxx (not xxx) Lenders 1008 reflects a comment regarding an exception for the reserves however its not listed on the approval exception form. Reserves are short by xxx and verified months is xxx. 6 months are required. - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. The xxx gift was deposited directly to escrow. <br> Reserves used is from the refund on the sale of the property. <br> Please see attached settlement statement showing the sale of the property and wiring gift. <br> I also attached the updated 1003 and 1008.<br>Calculation: <br> Closing cost: xxx<br> Net sales proceeds: xxx<br> xxx - xxx = xxx (reserves 6.84 x PITIA (xxx)<br> - Seller-05/xx/2025 <br> Counter-Missing the updated 1003 and 1008 stated below. Also Final HUD/SS for the Subject Loan CTC is xxx - Proceeds from the sale per HUD/SS xxx - Gift Funds xxx (not allowed to use for reserves) Audited Cals reflect short by xxx. - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. <br> The xxx gift was deposited directly to escrow. <br> Reserves used is from the refund on the sale of the property. <br> Please see attached settlement statement showing the sale of the property and wiring gift. <br> I also attached the updated 1003 and 1008.<br>Calculation: <br> Closing cost: xxx<br> Net sales proceeds: xxx<br> xxx - xxx = xxx (reserves 6.84 xxx PITIA (xxx)<br> - Seller-05/xx/2025 <br> Counter-Document Uploaded. CTC per HUD/SS states xxx - Proceeds from Sale xxx - Gift funds of xxx are not allowed to be used towards reserves per GLs. - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-<br> Per balance, the borrower has 6.84 reserves.<br> Calculation: <br> Closing cost: xxx<br> Assets: xxx (pending sales proceeds)<br> Gift of xxx<br> Total funds: xxx<br> Remaining funds: xxx / xxx (PITIA) = xxx<br> - Seller-05/xx/2025 <br> Open-Audited Reserves of 3.2 are less than Guideline Required Reserves of 6 Audited Reserves of xxx are less than Guideline Required Reserves of xxx - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Ready for Review-Document Uploaded. The xxx gift was deposited directly to escrow. <br> Reserves used is from the refund on the sale of the property. <br> Please see attached settlement statement showing the sale of the property and wiring gift. <br> I also attached the updated 1003 and 1008.<br>Calculation: <br> Closing cost: xxx<br> Net sales proceeds: xxx<br> xxx - xxx = xxx (reserves 6.84 x PITIA (xxx<br> - Seller-05/xx/2025 <br> Ready for Review-Document Uploaded. <br> The xxx gift was deposited directly to escrow. <br> Reserves used is from the refund on the sale of the property. <br> Please see attached settlement statement showing the sale of the property and wiring gift. <br> I also attached the updated 1003 and 1008.<br>Calculation: <br> Closing cost: xxx<br> Net sales proceeds: xxx<br> xxx - xxx = xxx (reserves 6.84 x PITIA (xxx)<br> - Seller-05/xx/2025 <br> Ready for Review-<br> Per balance, the borrower has 6.84 reserves.<br> Calculation: <br> Closing cost: xxx<br> Assets: xxx (pending sales proceeds)<br> Gift of xxx<br> Total funds: xxx<br> Remaining funds: xxx / xxx (PITIA) = 6.84<br> - Seller-05/xx/2025 | Waived-Approved Lender Exception: Exception to allow 2.5-months reserves. Per guideline reserves requirement is 6 months of pitia. - Due Diligence Vendor-05/xx/2025<br>| Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 15.25 Years<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 15.30 Years | Residual Income xxx<br> Borrower exceeds minimum credit score requirement by 96 points<br> All consumer credit paid as agreed in the most recent 12 months | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 859027 |  | D B C A | Closed | FCOM8888 | 2025-05-02 15:24 | 2025-05-08 10:23 | Resolved | 1 - Information D A | Compliance | Missing Doc | Closing Detail Statement is Missing | Resolved-HUD provided for sale of property - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Open-The closing detail statement for xxx is missing - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. - Seller-05/xx/2025<br>| Resolved-HUD provided for sale of property - Due Diligence Vendor-05/xx/2025<br>| Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 15.25 Years<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 15.30 Years |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | N/A | N/A | xxx |
| 859027 |  | D B C A | Closed | FCRE6843 | 2025-05-02 15:43 | 2025-05-07 09:36 | Resolved | 1 - Information C A | Credit | Assets | Asset General | Resolved-Proof of wire for Gift Funds provided xxx - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Open-The file did not contain evidence the gift was transferred. Guidelines require GBL must verify that sufficient funds to cover the gift are either in the donor's account or have been transferred to the borrower's account and reflected on the most recent bank statement. Acceptable documentation includes the following: <br> · a copy of the donor's check and the borrower's deposit slip, <br> · a copy of the donor's withdrawal slip and the borrower's deposit slip, <br> · a copy of the donor's check to the closing agent, or <br> · a settlement statement showing receipt of the donor's check. <br> When the funds are not transferred prior to settlement, GBL must document that the donor gave the closing agent the gift funds in the form of an electronic <br> transfer, certified check, a cashier's check, or other official check. - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. - Seller-05/xx/2025<br>| Resolved-Proof of wire for Gift Funds provided xxx - Due Diligence Vendor-05/xx/2025 | Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 15.25 Years<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 15.30 Years |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | N/A | N/A | xxx |
| 859027 |  | D B C A | Closed | FCRE1247 | 2025-05-01 17:12 | 2025-05-01 17:12 | Waived | 2 - Non-Material B | Credit | Eligibility | Seller Contribution Exceeds Program Maximum | Waived-Exception for using 4% of seller concession. Minimum requirement is 2% only for 80% LTV and non-owner occupied. Non-recurring cost per LQB <br> is xxx.<br> - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception for using 4% of seller concession. Minimum requirement is 2% only for 80% LTV and non-owner occupied. Non-recurring cost per LQB is xxx.<br> - Due Diligence Vendor-05/xx/2025 | Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 15.25 Years<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xx By Twenty (20) or More Points<br> Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 15.30 Years | • Residual Income xxx<br> • Borrower exceeds minimum credit score requirement by 96 points<br> • All consumer credit paid as agreed in the most recent 12 months |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Post-Close | Yes | xxx |
| 859027 |  | D B C A | Closed | FCRE1440 | 2025-05-01 17:11 | 2025-05-01 17:11 | Waived | 2 - Non-Material B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Exception on not having 12 months rental history for FTHB. Per guidelines, 12 months of rental history is required when using Option 5 for income calculation. Currently borrowers are living rent free. - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception on not having 12 months rental history for FTHB. Per guidelines, 12 months of rental history is required when using Option 5 for income calculation. Currently borrowers are living rent free. - Due Diligence Vendor-05/xx/2025<br>| Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 15.25 Years<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 15.30 Years | • Residual Income xxx<br> • Borrower exceeds minimum credit score requirement by 96 points<br> • All consumer credit paid as agreed in the most recent 12 months |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Post-Close | Yes | xxx |
| 859027 |  | D B C A | Closed | FVAL5524 | 2025-05-01 17:10 | 2025-05-01 17:10 | Waived | 2 - Non-Material B | Credit | Eligibility | Ineligible Property | Waived-Transfer appraisal made is "subject to" which is ineligible as per guidelines - Due Diligence Vendor-05/xx/2025 |  | Waived-Transfer appraisal made is "subject to" which is ineligible as per guidelines - Due Diligence Vendor-05/xx/2025<br>| Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 15.25 Years<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 15.30 Years | • Residual Income xxx<br> • Borrower exceeds minimum credit score requirement by 96 points<br> • All consumer credit paid as agreed in the most recent 12 months |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Post-Close | Yes | xxx |
| 859027 |  | D B C A | Closed | FCRE1193 | 2025-05-01 16:52 | 2025-05-01 17:04 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Open-Audited DTI of xxx exceeds Guideline DTI of xxx Current DTI of xxx. Exceeds max DTI of xxx. - Due Diligence Vendor-05/xx/2025 |  |  | Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 15.25 Years<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 15.30 Years | • Residual Income xxx<br> • Borrower exceeds minimum credit score requirement by 96 points<br> • All consumer credit paid as agreed in the most recent 12 months |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Post-Close | Yes | xxx |
| 859027 |  | D B C A | Closed | FCRE1194 | 2025-05-01 16:52 | 2025-05-01 16:52 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 80% exceeds Guideline LTV of 75% Exception to allow 80% LTV. Per guideline, max LTV on living rent-free and FTHB is 75%.<br> - Due Diligence Vendor-05/xx/2025 |  | Waived-Audited LTV of 80% exceeds Guideline LTV of 75% Exception to allow 80% LTV. Per guideline, max LTV on living rent-free and FTHB is 75%.<br> - Due Diligence Vendor-05/xx/2025<br>| Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 15.25 Years<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 15.30 Years | • Residual Income xxx<br> • Borrower exceeds minimum credit score requirement by 96 points<br> • All consumer credit paid as agreed in the most recent 12 months |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Post-Close | Yes | xxx |
| 859027 |  | D B C A | Closed | FCRE1196 | 2025-05-01 16:52 | 2025-05-01 16:52 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited HCLTV Exceeds Guideline HCLTV | Waived-Audited HCLTV of 80% exceeds Guideline HCLTV of 75% Exception to allow 80% LTV. Per guideline, max LTV on living rent-free and FTHB is 75%.<br> - Due Diligence Vendor-05/xx/2025 |  | Waived-Audited HCLTV of 80% exceeds Guideline HCLTV of 75% Exception to allow 80% LTV. Per guideline, max LTV on living rent-free and FTHB is 75%.<br> - Due Diligence Vendor-05/xx/2025<br>| Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 15.25 Years<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 15.30 Years | • Residual Income xxx<br> • Borrower exceeds minimum credit score requirement by 96 points<br> • All consumer credit paid as agreed in the most recent 12 months |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Post-Close | Yes | xxx |
| 859027 |  | D B C A | Closed | FCRE1195 | 2025-05-01 16:52 | 2025-05-01 16:52 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV | Waived-Audited CLTV of 80% exceeds Guideline CLTV of 75% Exception to allow 80% LTV. Per guideline, max LTV on living rent-free and FTHB is 75%.<br> - Due Diligence Vendor-05/xx/2025 |  | Waived-Audited CLTV of 80% exceeds Guideline CLTV of 75% Exception to allow 80% LTV. Per guideline, max LTV on living rent-free and FTHB is 75%.<br> - Due Diligence Vendor-05/xx/2025<br>| Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 15.25 Years<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 15.30 Years | • Residual Income xxx<br> • Borrower exceeds minimum credit score requirement by 96 points<br> • All consumer credit paid as agreed in the most recent 12 months |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Post-Close | Yes | xxx |
| 815607 |  | D A B | Closed | FCOM1621 | 2025-05-01 22:44 | 2025-05-08 08:16 | Resolved | 1 - Information B A | Compliance | Missing Doc - Federal Disclosure | Initial Escrow Account Disclosure is Missing | Resolved-Documentation provided is sufficient. Thank you. - Due Diligence Vendor-05/xx/2025 <br>Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br>Open-Initial Escrow Account Disclosure is Missing - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. - Seller-05/xx/2025<br>| Resolved-Documentation provided is sufficient. Thank you. - Due Diligence Vendor-05/xx/2025<br>|  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx |
| 815607 |  | D A B | Closed | FCRE1162 | 2025-05-03 22:48 | 2025-05-06 14:18 | Resolved | 1 - Information D A | Credit | Missing Doc - Insurance | Flood Certificate Partially Provided | Resolved-Flood Certificate is fully present - Due Diligence Vendor-05/xx/2025 <br>Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br>Open-Flood Certificate is Partially Provided Flood Certificate is not legible. - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. - Seller-05/xx/2025<br>| Resolved-Flood Certificate is fully present - Due Diligence Vendor-05/xx/2025<br>|  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx |
| 841284 |  | C B A | Closed | FVAL2477 | 2025-05-04 12:35 | 2025-05-06 14:21 | Resolved | 1 - Information C A | Property | Appraisal | Appraisal incomplete (missing map, layout, pages, etc.) | Resolved-Full appraisal provided. - Due Diligence Vendor-05/xx/2025 <br>Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br>Open-Appraisal is illegible, unable to confirm information. - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. - Seller-05/xx/2025<br>| Resolved-Full appraisal provided. - Due Diligence Vendor-05/xx/2025<br>| Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 17.33 Years<br> Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 6.66 Years<br> Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 17.40 Years<br> Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 17.69% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | N/A | N/A | xxx |
| 841284 |  | C B A | Closed | FCRE6843 | 2025-05-04 12:55 | 2025-05-04 12:55 | Waived | 2 - Non-Material B | Credit | Assets | Asset General | Waived-Exception approve to exceed allowable overdrafts (xxx) and NSF (xxx) in last 12 month period, guideline max is xxx cumulative. - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception approve to exceed allowable overdrafts (10) and NSF (3) in last 12 month period, guideline max is 3 cumulative. - Due Diligence Vendor-05/xx/2025 | Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 17.33 Years<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 6.66 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 17.40 Years<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 17.69% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More | Low DTI of 17.427%. Post Close reserves of 9.45%. FICO of xxx is 52 points higher than minimum required. |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 779987 |  | B A | Closed | FCRE1194 | 2025-05-03 16:21 | 2025-05-03 16:21 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 70% exceeds Guideline LTV of 60% Exception to allow LTV of 70%. As per guidelines, max LTV allowed for borrowers does not have a primary residence <br> is 60%. - Due Diligence Vendor-05/xx/2025 |  | Waived-Audited LTV of 70% exceeds Guideline LTV of 60% Exception to allow LTV of 70%. As per guidelines, max LTV allowed for borrowers does not have a primary residence <br> is 60%. - Due Diligence Vendor-05/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 17.38 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months | 1. Post closing reserves of xxx months, 2. FICO of xxx is 26 points higher than minimum required, 3. DSCR of xxx |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 813762 |  | B A | Closed | FCOM1621 | 2025-05-02 13:01 | 2025-05-07 09:43 | Resolved | 1 - Information B A | Compliance | Missing Doc - Federal Disclosure | Initial Escrow Account Disclosure is Missing | Resolved-Documentation provided is sufficient. Thank you. - Due Diligence Vendor-05/xx/2025 <br>Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br>Open-Initial Escrow Account Disclosure is Missing - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. - Seller-05/xx/2025<br>| Resolved-Documentation provided is sufficient. Thank you. - Due Diligence Vendor-05/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 117.33 Are Greater Than The Guideline Minimum Of 4 By Six (6) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx |
| 813762 |  | B A | Closed | FCRE1194 | 2025-05-03 16:53 | 2025-05-03 16:53 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 35.81% exceeds Guideline LTV of 0% Exception to allow cash out. As per guidelines, a cash out is not available on 691 FICO and DSCR <0.75. The current DSCR is 0.75. - Due Diligence Vendor-05/xx/2025 |  | Waived-Audited LTV of 35.81% exceeds Guideline LTV of 0% Exception to allow cash out. As per guidelines, a cash out is not available on xxx FICO and DSCR xxx. The current DSCR is xxx. - Due Diligence Vendor-05/xx/2025 | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 117.33 Are Greater Than The Guideline Minimum Of 4 By Six (6) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points | 1. Post closing reserves of 118.90 months. 2. FICO score of xxx is 31 points higher than minimum required |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | Originator Pre-Close | Yes | xxx |
| 813762 |  | B A | Closed | FVAL5524 | 2025-05-02 09:25 | 2025-05-02 09:25 | Waived | 2 - Non-Material B | Credit | Eligibility | Ineligible Property | Waived-Exception to allow acreage greater than 2. The property is 10 acres. - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception to allow acreage greater than 2. The property is 10 acres. - Due Diligence Vendor-05/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 117.33 Are Greater Than The Guideline Minimum Of 4 By Six (6) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points | 1. Post closing reserves of 118.90 months. <br> 2. FICO score of xxx is 31 points higher than minimum required |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | xxx |
| 813762 |  | B A | Closed | FVAL1715 | 2025-05-02 09:23 | 2025-05-02 09:23 | Waived | 2 - Non-Material B | Property | Appraisal | Appraisal Completed "Subject to but Improvements are Incomplete or Undocumented" | Waived-Exception for xxx property type. As per guidelines, Log home is ineligible. - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception for Log Home property type. As per guidelines, Log home is ineligible. - Due Diligence Vendor-05/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 117.33 Are Greater Than The Guideline Minimum Of 4 By Six (6) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points | 1. Post closing reserves of 118.90 months. <br> 2. FICO score of xxx is 31 points higher than minimum required. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | xxx |
| 813762 |  | B A | Closed | FCRE8201 | 2025-05-02 09:20 | 2025-05-02 09:20 | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Exception to allow cash out. As per guidelines, a cash out is not available on xxx FICO and DSCR xxx. The current <br> DSCR is xxx. - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception to allow cash out. As per guidelines, a cash out is not available on xxx FICO and DSCR xxx. The current DSCR is xxx - Due Diligence Vendor-05/xx/2025 | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 117.33 Are Greater Than The Guideline Minimum Of 4 By Six (6) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points | 1. Post closing reserves of 118.90 months. <br> 2. FICO score of xxx is 31 points higher than minimum required. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | xxx |
| 813762 |  | B A | Closed | FVAL9739 | 2025-05-02 09:12 | 2025-05-02 09:12 | Waived | 2 - Non-Material B | Property | Appraisal | Property/Appraisal General | Waived-Exception to use full value of appraisal. Guest quarters have permits and were given value, but no comps were provided. - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception to use full value of appraisal. Guest quarters have permits and were given value, but no comps were provided. - Due Diligence Vendor-05/xx/2025 | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 117.33 Are Greater Than The Guideline Minimum Of 4 By Six (6) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points | <br> 1. Post closing reserves of 118.90 months. <br> 2. FICO score of xxx is 31 points higher than minimum required. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | xxx |
| 790365 |  | B A | Closed | FCRE6843 | 2025-05-02 05:44 | 2025-05-05 09:56 | Waived | 2 - Non-Material B | Credit | Assets | Asset General | Waived-Exception required for borrower is receiving gift funds. Borrower is getting xxx gift funds from family member. Per guideline, gift funds are not allowed on xxx. - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception required for borrower is receiving gift funds. Borrower is getting xxx gift funds from family member. Per guideline, gift funds are not allowed on xxx. - Due Diligence Vendor-05/xx/2025 | Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 9.83 Years | Borrower is an experienced investor |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 790365 |  | B A | Closed | FCRE1493 | 2025-05-02 05:47 | 2025-05-05 09:55 | Waived | 2 - Non-Material B | Credit | Eligibility | Trade line count does not meet program requirements | Waived-Exception required for not meeting the minimum tradeline requirements. No active tradeline within the last 6 months. - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception required for not meeting the minimum tradeline requirements. No active tradeline within the last 6 months. - Due Diligence Vendor-05/xx/2025<br>| Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 9.83 Years | Borrower is an experienced investor |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 790365 |  | B A | Closed | FCRE1198 | 2025-05-02 05:48 | 2025-05-05 09:55 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Exception required for 2 months reserves instead of 4 months. - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception required for 2 months reserves instead of 4 months. - Due Diligence Vendor-05/xx/2025<br>| Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 9.83 Years | Borrower is an experienced investor |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 790365 |  | B A | Closed | FCRE1726 | 2025-05-02 05:46 | 2025-05-05 09:54 | Waived | 2 - Non-Material B | Credit | Borrower | Potential Identity Issues identified in the file | Waived-Exception required for xxx Status Code of xxx (xxx for suspension removal), per guideline only xxx with xxx, xxx and xxx are allowed. - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception required for xxx Status Code of xxx (xxx for suspension removal), per guideline only xxx with xxx, xxx and xxx are allowed. - Due Diligence Vendor-05/xx/2025 | Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 9.83 Years | Borrower is an experienced investor |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 790365 |  | B A | Closed | FCRE1194 | 2025-05-05 09:51 | 2025-05-05 09:53 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 75% exceeds Guideline LTV of 70% Exception required for 75% LTV, Max LTV allowed is 70% for xxx. - Due Diligence Vendor-05/xx/2025 |  | Waived-Audited LTV of 75% exceeds Guideline LTV of 70% Exception required for 75% LTV, Max LTV allowed is 70% for Non-Permanent Resident Alien. - Due Diligence Vendor-05/xx/2025<br>| Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 9.83 Years | Borrower is an experienced investor |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 810677 |  | D A | Closed | FCRE1164 | 2025-05-04 15:18 | 2025-05-07 08:47 | Resolved | 1 - Information D A | Credit | Missing Doc - Insurance | Flood Insurance Policy Missing | Resolved-Flood Insurance Policy is fully present - Due Diligence Vendor-05/xx/2025 <br>Ready for Review-Document Uploaded. Flood is covered under master policy - Seller-05/xx/2025 <br>Open-Missing Flood Insurance Policy. - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. Flood is covered under master policy - Seller-05/xx/2025<br>| Resolved-Flood Insurance Policy is fully present - Due Diligence Vendor-05/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 72 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months<br> Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 43.75% Is Below The Guideline Maximum Of 75% By Ten Percent (10%) Or More<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx |
| 813075 |  | B A | Closed | FCRE1182 | 2025-05-05 11:05 | 2025-05-07 08:43 | Resolved | 1 - Information B A | Credit | Missing Doc - Approval Info | Underwriting Summary Not Provided | Resolved-1008/Underwriting Summary is fully present - Due Diligence Vendor-05/xx/2025 <br>Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br>Open-1008/Underwriting Summary Not Provided. - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. - Seller-05/xx/2025<br>| Resolved-1008/Underwriting Summary is fully present - Due Diligence Vendor-05/xx/2025<br>| Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.19<br> Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 5.48 Years<br> Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 10.16 Years<br> Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 40.18% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | xxx |
| 813075 |  | B A | Closed | FCRE1194 | 2025-05-05 11:05 | 2025-05-05 11:05 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 80% exceeds Guideline LTV of 70% Exception approved for additional 10% LTV to 80% for P&L without Bank Statement support. - Due Diligence Vendor-05/xx/2025 |  | Waived-Audited LTV of 80% exceeds Guideline LTV of 70% Exception approved for additional 10% LTV to 80% for P&L without Bank Statement support. - Due Diligence Vendor-05/xx/2025<br>| Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.19<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 5.48 Years<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 10.16 Years<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 40.18% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More | DTI 5% below max. 5+ years Business Ownership. |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | Cash Out - Other | Originator Pre-Close | Yes | xxx |
| 832048 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA |  |  | xxx |
| 868607 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA |  |  | xxx |
| 855879 |  | C B A | Closed | finding-3631 | 2025-05-07 00:42 | 2025-05-22 09:44 | Cured | 2 - Non-Material C B | Compliance | Points & Fees | Reimbursement Amount Validation Test | Cured-\*\*Received cure package with PCCD, copy of refund check, and proof of delivery. - Due Diligence Vendor-05/xx/2025 <br> Resolved-\*\*Received cure package with PCCD, copy of refund check, and proof of delivery. - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Counter-\*\*\* "Deed recording fee" is the event detailed for the increase to the recording charge. Is there some reason why lender would not have known a deed recording would have been required in a purchase transaction, upon the issuance of the Initial Loan Estimate? Was an additional instrument requested by the borrower (for example: a POA, a post consummation QCD to put property into a trust or add a party, a UCC release, etc)? Documentation only supports that a conveyance deed from seller to borrower and the lender's security instrument, were required for this transaction. The lender recording charges disclosed in the initial loan estimate, should have been sufficient to not increase later for standard purchase related recording documents. There is no evidence to trigger a "new information" or other type of change of circumstance event. It demonstrates the recording charges for instruments known, were under-disclosed, and are therefore subject to 10% tolerance. Please provide change of circumstance event details that relates to the recording charge increased due to "new information", or 10% tolerance cure in the amount of xxx is required. Please provide PCCD, LOE, copy of refund check and proof of mailing. Thank you. - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. Recording fees for LE, PRE cd and Final CD are all xxx. No cure was due.<br>Initial LE had xxx but we have a VALID COC because title companies changed. <br> - Seller-05/xx/2025 <br> Counter-COC event details provided indicates the recording charges were initially under-disclosed to the borrower. The recording of a deed in a purchase transaction is not new information for the purpose of determining good faith recording charge disclosed to the borrower. Cure required. - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Open-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Ready for Review-Document Uploaded. Recording fees for LE, PRE cd and Final CD are all xxx. No cure was due.<br>Initial LE had xxx but we have a VALID COC because title companies changed. <br> - Seller-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 | Cured-\*\*Received cure package with PCCD, copy of refund check, and proof of delivery. - Due Diligence Vendor-05/xx/2025 <br>Resolved-\*\*Received cure package with PCCD, copy of refund check, and proof of delivery. - Due Diligence Vendor-05/xx/2025<br>| Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.03<br>Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 22.56 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 9.00 Years<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 17.69% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 6.66 Years |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | N/A | N/A | xxx |
| 855879 |  | C B A | Closed | finding-3635 | 2025-05-07 00:42 | 2025-05-22 09:44 | Cured | 2 - Non-Material C B | Compliance | TRID Tolerance | Charges That In Total Cannot Increase More Than 10% Test | Cured-\*\*Received cure package with PCCD, copy of refund check, and proof of delivery. - Due Diligence Vendor-05/xx/2025 <br> Resolved-\*\*Received cure package with PCCD, copy of refund check, and proof of delivery. - Due Diligence Vendor-05/xx/2025 <br> Counter-\*\*\* "Deed recording fee" is the event detailed for the increase to the recording charge. Is there some reason why lender would not have known a deed recording would have been required in a purchase transaction, upon the issuance of the Initial Loan Estimate? Was an additional instrument requested by the borrower (for example: a POA, a post consummation QCD to put property into a trust or add a party, a UCC release, etc)? Documentation only supports that a conveyance deed from seller to borrower and the lender's security instrument, were required for this transaction. The lender recording charges disclosed in the initial loan estimate, should have been sufficient to not increase later for standard purchase related recording documents. There is no evidence to trigger a "new information" or other type of change of circumstance event. It demonstrates the recording charges for instruments known, were under-disclosed, and are therefore subject to 10% tolerance. Please provide change of circumstance event details that relates to the recording charge increased due to "new information", or 10% tolerance cure in the amount of xxx is required. Please provide PCCD, LOE, copy of refund check and proof of mailing. Thank you. - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-<br> 4. BONA FIDE CHARGES<br> 4. Bona fide charges. In covered transactions, § 1026.19(e)(1)(i) requires the creditor to provide the consumer with good faith estimates of the disclosures in § 1026.37. Section 1026.19(e)(3)(iii) provides that an estimate of the charges listed in § 1026.19(e)(3)(iii) is in good faith if it is consistent with the best information reasonably available to the creditor at the time the disclosure is provided and that good faith is determined under § 1026.19(e)(3)(iii) even if such charges are paid to the creditor or affiliates of the creditor, so long as the charges are bona fide. For determining good faith under § 1026.19(e)(1)(i), to be bona fide, charges must be lawful and for services that are actually performed.<br>5. CHARGES SUBJECT TO THE TEN PERCENT TOLDERANCE CATEGORY:<br> ii. Charges subject to the ten percent tolerance category. Assume a creditor provides a xxx estimate of title fees, which are included in the category of fees which may not increase by more than 10 percent for the purposes of determining good faith under § 1026.19(e)(3)(ii), except as provided in § 1026.19(e)(3)(iv). An unreleased lien is discovered and the title company must perform additional work to release the lien. However, the additional costs amount to only a five percent increase over the sum of all fees included in the category of fees which may not increase by more than 10 percent. A changed circumstance has occurred (i.e., new information), but the sum of all costs subject to the 10 percent tolerance category has not increased by more than 10 percent. Section 1026.19(e)(3)(iv) does not prohibit the creditor from issuing revised disclosures, but if the creditor issues revised disclosures in this scenario, when the disclosures required by § 1026.19(f)(1)(i) are delivered, the actual title fees of xxx may not be compared to the revised title fees of xxx; they must be compared to the originally estimated title fees of xxx because the changed circumstance did not cause the sum of all costs subject to the 10 percent tolerance category to increase by more than 10 percent.<br>6. CHANGE OF CIRCUMSTANCES:<br> 2. Changed circumstance. A changed circumstance may be an extraordinary event beyond the control of any interested party. For example, a war or a natural disaster would be an extraordinary event beyond the control of an interested party. A changed circumstance may also be an unexpected event specific to the consumer or the transaction. For example, if the creditor provided an estimate of title insurance on the disclosures required under § 1026.19(e)(1)(i), but the title insurer goes out of business during underwriting, then this unexpected event specific to the transaction is a changed circumstance. A changed circumstance may also be information specific to the consumer or transaction that the creditor relied upon when providing the disclosures required under § 1026.19(e)(1)(i) and that was inaccurate or changed after the disclosures were provided. - Seller-05/xx/2025 <br> Counter-COC event details provided indicates the recording charges were initially under-disclosed to the borrower. The recording of a deed in a purchase transaction is not new information for the purpose of determining good faith recording charge disclosed to the borrower. Cure required. - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Counter-\*\*\*\*\*\*• FCD has an increase to the recording charge, however, there is no correlating event evident (new Vesting deed, POA, etc) to ratify the increase is a true and valid change of circumstance. 10% tolerance cure in the amount of xxx is required. Please provide PCCD, LOE, copy of refund check and proof of mailing. - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Open-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% (xxx) exceed the comparable charges (xxx) 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). - Due Diligence Vendor-05/xx/2025 | Ready for Review-<br> 4. BONA FIDE CHARGES<br> 4. Bona fide charges. In covered transactions, § 1026.19(e)(1)(i) requires the creditor to provide the consumer with good faith estimates of the disclosures in § 1026.37. Section 1026.19(e)(3)(iii) provides that an estimate of the charges listed in § 1026.19(e)(3)(iii) is in good faith if it is consistent with the best information reasonably available to the creditor at the time the disclosure is provided and that good faith is determined under § 1026.19(e)(3)(iii) even if such charges are paid to the creditor or affiliates of the creditor, so long as the charges are bona fide. For determining good faith under § 1026.19(e)(1)(i), to be bona fide, charges must be lawful and for services that are actually performed.<br>5. CHARGES SUBJECT TO THE TEN PERCENT TOLDERANCE CATEGORY:<br> ii. Charges subject to the ten percent tolerance category. Assume a creditor provides a xxx estimate of title fees, which are included in the category of fees which may not increase by more than 10 percent for the purposes of determining good faith under § 1026.19(e)(3)(ii), except as provided in § 1026.19(e)(3)(iv). An unreleased lien is discovered and the title company must perform additional work to release the lien. However, the additional costs amount to only a five percent increase over the sum of all fees included in the category of fees which may not increase by more than 10 percent. A changed circumstance has occurred (i.e., new information), but the sum of all costs subject to the 10 percent tolerance category has not increased by more than 10 percent. Section 1026.19(e)(3)(iv) does not prohibit the creditor from issuing revised disclosures, but if the creditor issues revised disclosures in this scenario, when the disclosures required by § 1026.19(f)(1)(i) are delivered, the actual title fees of xxx may not be compared to the revised title fees of xxx; they must be compared to the originally estimated title fees of xxx because the changed circumstance did not cause the sum of all costs subject to the 10 percent tolerance category to increase by more than 10 percent.<br>6. CHANGE OF CIRCUMSTANCES:<br> 2. Changed circumstance. A changed circumstance may be an extraordinary event beyond the control of any interested party. For example, a war or a natural disaster would be an extraordinary event beyond the control of an interested party. A changed circumstance may also be an unexpected event specific to the consumer or the transaction. For example, if the creditor provided an estimate of title insurance on the disclosures required under § 1026.19(e)(1)(i), but the title insurer goes out of business during underwriting, then this unexpected event specific to the transaction is a changed circumstance. A changed circumstance may also be information specific to the consumer or transaction that the creditor relied upon when providing the disclosures required under § 1026.19(e)(1)(i) and that was inaccurate or changed after the disclosures were provided. - Seller-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 | Cured-\*\*Received cure package with PCCD, copy of refund check, and proof of delivery. - Due Diligence Vendor-05/xx/2025 <br>Resolved-\*\*Received cure package with PCCD, copy of refund check, and proof of delivery. - Due Diligence Vendor-05/xx/2025<br>| Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.03<br>Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 22.56 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 9.00 Years<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 17.69% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 6.66 Years |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | N/A | N/A | xxx |
| 855879 |  | C B A | Closed | finding-3632 | 2025-05-07 00:42 | 2025-05-22 09:43 | Resolved | 1 - Information C A | Compliance | Disclosures (Federal, State, and Data Dependent) | Consummation or Reimbursement Date Validation Test | Resolved-\*\*Received cure package with PCCD, copy of refund check, and proof of delivery. - Due Diligence Vendor-05/xx/2025 <br> Counter-\*\*\* "Deed recording fee" is the event detailed for the increase to the recording charge. Is there some reason why lender would not have known a deed recording would have been required in a purchase transaction, upon the issuance of the Initial Loan Estimate? Was an additional instrument requested by the borrower (for example: a POA, a post consummation QCD to put property into a trust or add a party, a UCC release, etc)? Documentation only supports that a conveyance deed from seller to borrower and the lender's security instrument, were required for this transaction. The lender recording charges disclosed in the initial loan estimate, should have been sufficient to not increase later for standard purchase related recording documents. There is no evidence to trigger a "new information" or other type of change of circumstance event. It demonstrates the recording charges for instruments known, were under-disclosed, and are therefore subject to 10% tolerance. Please provide change of circumstance event details that relates to the recording charge increased due to "new information", or 10% tolerance cure in the amount of xxx is required. Please provide PCCD, LOE, copy of refund check and proof of mailing. Thank you. - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-1. Borrower has right to shop for providers:<br> 2. 19(e)(1)(vi) Shopping for settlement service providers.<br> 3. 1. Permission to shop. Section 1026.19(e)(1)(vi)(A) permits creditors to impose reasonable requirements regarding the qualifications of the provider. For example, the creditor may require that a settlement agent chosen by the consumer must be appropriately licensed in the relevant jurisdiction. In contrast, a creditor does not permit a consumer to shop for purposes of § 1026.19(e)(1)(vi) if the creditor requires the consumer to choose a provider from a list provided by the creditor. Whether the creditor permits the consumer to shop consistent with § 1026.19(e)(1)(vi)(A) is determined based on all the relevant facts and circumstances. The requirements of § 1026.19(e)(1)(vi)(B) and (C) do not apply if the creditor does not permit the consumer to shop consistent with § 1026.19(e)(1)(vi)(A).<br> 4. 2. Disclosure of services for which the consumer may shop. If a creditor permits a consumer to shop for a settlement service, § 1026.19(e)(1)(vi)(B) requires the creditor to identify settlement services required by the creditor for which the consumer is permitted to shop in the disclosures provided pursuant to § 1026.19(e)(1)(i). See § 1026.37(f)(3) regarding the content and format for disclosure of services required by the creditor for which the consumer is permitted to shop.<br>2. Recording fee's fall under 10% <br> 19(e)(3)(ii) Limited increases permitted for certain charges.<br> - Seller-05/xx/2025 <br> Counter-COC event details provided indicates the recording charges were initially under-disclosed to the borrower. The recording of a deed in a purchase transaction is not new information for the purpose of determining good faith recording charge disclosed to the borrower. Cure required. - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Open-This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations. - Due Diligence Vendor-05/xx/2025 | Ready for Review-1. Borrower has right to shop for providers:<br> 2. 19(e)(1)(vi) Shopping for settlement service providers.<br> 3. 1. Permission to shop. Section 1026.19(e)(1)(vi)(A) permits creditors to impose reasonable requirements regarding the qualifications of the provider. For example, the creditor may require that a settlement agent chosen by the consumer must be appropriately licensed in the relevant jurisdiction. In contrast, a creditor does not permit a consumer to shop for purposes of § 1026.19(e)(1)(vi) if the creditor requires the consumer to choose a provider from a list provided by the creditor. Whether the creditor permits the consumer to shop consistent with § 1026.19(e)(1)(vi)(A) is determined based on all the relevant facts and circumstances. The requirements of § 1026.19(e)(1)(vi)(B) and (C) do not apply if the creditor does not permit the consumer to shop consistent with § 1026.19(e)(1)(vi)(A).<br> 4. 2. Disclosure of services for which the consumer may shop. If a creditor permits a consumer to shop for a settlement service, § 1026.19(e)(1)(vi)(B) requires the creditor to identify settlement services required by the creditor for which the consumer is permitted to shop in the disclosures provided pursuant to § 1026.19(e)(1)(i). See § 1026.37(f)(3) regarding the content and format for disclosure of services required by the creditor for which the consumer is permitted to shop.<br>2. Recording fee's fall under 10% <br> 19(e)(3)(ii) Limited increases permitted for certain charges.<br> - Seller-05/xx/2025 <br>Ready for Review-Document Uploaded. - Seller-05/xx/2025<br>| Resolved-\*\*Received cure package with PCCD, copy of refund check, and proof of delivery. - Due Diligence Vendor-05/xx/2025<br>| Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.03<br>Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 22.56 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 9.00 Years<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 17.69% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 6.66 Years |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | N/A | N/A | xxx |
| 855879 |  | C B A | Closed | FCRE1827 | 2025-05-06 15:29 | 2025-05-07 09:41 | Waived | 2 - Non-Material B | Credit | Missing Doc | US Driver's License or other US or foreign government-issued photo ID Incomplete | Waived-EXCEPTION APPROVAL REQUIRED FOR THE EXPIRED DRIVER'S LICENSE. EXPIRED LAST xxx. - Due Diligence Vendor-05/xx/2025 |  | Waived-EXCEPTION APPROVAL REQUIRED FOR THE EXPIRED DRIVER'S LICENSE. EXPIRED LAST xxx. - Due Diligence Vendor-05/xx/2025 | Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.03<br>Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 22.56 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 9.00 Years<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 17.69% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 6.66 Years | 1. Purchasing property for xxx < Appraised Value. <br> 2. Payment Shock is < 150%. <br> 3. DTI is < 20%. |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 855879 |  | C B A | Closed | FCRE7375 | 2025-05-06 15:37 | 2025-05-07 09:39 | Waived | 2 - Non-Material B | Credit | Borrower | Citizenship Does Not Meet Guideline Requirements | Waived-EXCEPTION APPROVAL REQUIRED FOR xxx - Due Diligence Vendor-05/xx/2025 |  | Waived-EXCEPTION APPROVAL REQUIRED FOR xxx. xxx NOT ALLOWED. - Due Diligence Vendor-05/xx/2025 | Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.03<br>Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 22.56 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 9.00 Years<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 17.69% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 6.66 Years | 1. Purchasing property for xxx < Appraised Value. <br> 2. Payment Shock is < 150%. <br> 3. DTI is < 20%. |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 860463 |  | D B C A | Closed | FVAL9739 | 2025-05-09 15:06 | 2025-05-21 09:20 | Resolved | 1 - Information C A | Property | Appraisal | Property/Appraisal General | Resolved-Updated HOI provided. - Due Diligence Vendor-05/xx/2025 <br>Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br>Open-Appraisal is for a 1 unit dwelling however HO insurance is for a 2 unit property. The appraisal shows 2 floors each with 3 bedrooms, 1 bathroom and 1 kitchen. Photos of the 6th bedroom and 2nd kitchen are not provided or explained. Appraisal also notes zoning for up to 3 unit dwellings. - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. - Seller-05/xx/2025<br>| Resolved-Updated HOI provided. - Due Diligence Vendor-05/xx/2025<br>|  |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | xxx |
| 860463 |  | D B C A | Closed | FCRE1200 | 2025-05-07 08:28 | 2025-05-19 14:34 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Approved Lender Exception: Exception approval is required to retain loan amount at xxx. Per guideline, the minimum loan amount size is xxx. <br> - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Counter-The Approved Exception form provided does not address the Loan Amount of xxx which is less than the Guideline Minimum Loan Amount of xxx. Provide an updated Approved Exception form addressing the Loan Amount. - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Open-Lender exception needed for loan amount being under guidelines (appears to attached to xxx loan xxx for same borrower but different property, exception no3) - Due Diligence Vendor-05/xx/2025 <br> Open-Audited Loan Amount of xxx is less than the Guideline Minimum Loan Amount of xxx Lender exception needed for loan amount being under guidelines - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br>Ready for Review-Document Uploaded. - Seller-05/xx/2025<br>| Waived-Approved Lender Exception: Exception approval is required to retain loan amount at xxx. Per guideline, the minimum loan amount size is xxx. <br> - Due Diligence Vendor-05/xx/2025 |  | All consumer credit paid as agreed in most recent 12 months<br> Borrower credit score exceeds minimum by 62 points<br> DSCR of xxx | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 860463 |  | D B C A | Closed | FCOM6472 | 2025-05-09 13:39 | 2025-05-15 13:55 | Resolved | 1 - Information D A | Compliance | Missing Doc | Note data is missing or inaccurate | Resolved-Per Directive, Operating Agreement located in the file on page xxx - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-unless closing agent requires it to insure the loan, we don't put title's of members - Seller-05/xx/2025 <br> Open-Note, DOT, business purpose cert, occupancy certs, and federal notices to be corrected with LLC member titles added to signature lines. - Due Diligence Vendor-05/xx/2025 | Ready for Review-unless closing agent requires it to insure the loan, we don't put title's of members - Seller-05/xx/2025<br>| Resolved-Per Directive, Operating Agreement located in the file on page xxx - Due Diligence Vendor-05/xx/2025 |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | xxx |
| 860463 |  | D B C A | Closed | FCRE1004 | 2025-05-09 16:01 | 2025-05-09 16:01 | Waived | 2 - Non-Material B | Credit | Eligibility | Credit Event Seasoning is Less than Guideline Minimum | Waived-Credit documents reviewed indicate a derogatory credit event (bankruptcy, foreclosure, short sale, deed-in-lieu, or modification) that does not meet minimum seasoning requirements per guidelines. Exception approval is required for not meeting the seasoning requirement on loan modification. Loan maturity dates are xxx. Payoff demand received show that borrower can payoff the loan until xxx. As per guideline, seasoning requirements for loan modification is xxx months - Due Diligence Vendor-05/xx/2025 |  | Waived-Credit documents reviewed indicate a derogatory credit event (bankruptcy, foreclosure, short sale, deed-in-lieu, or modification) that does not meet minimum seasoning requirements per guidelines. Exception approval is required for not meeting the seasoning requirement on loan modification. Loan maturity dates are xxx. Payoff demand received show that borrower can payoff the loan until xxx. As per guideline, seasoning requirements for loan modification is 48 months - Due Diligence Vendor-05/xx/2025 |  | All consumer credit paid as agreed most recent 12 months<br> Borrower exceeds minimum credit score by 62 points<br> DSCR of xxx |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 860463 |  | D B C A | Closed | FCRE1194 | 2025-05-07 08:28 | 2025-05-09 15:58 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 75% exceeds Guideline LTV of 60% Exception approval is required to increase LTV to 75%. Per guideline, borrower with no primary residence has a maximum allowed LTV of 60%. <br> - Due Diligence Vendor-05/xx/2025 |  | Waived-Audited LTV of 75% exceeds Guideline LTV of 60% Exception approval is required to increase LTV to 75%. Per guideline, borrower with no primary residence has a maximum allowed LTV of 60%. <br> - Due Diligence Vendor-05/xx/2025<br>|  | · All consumer credit paid as agreed in the most recent 12 months. <br> · Borrower exceeds minimum credit score requirements by 62 points. <br> · DSCR Ratio of xxx |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | Yes | xxx |
| 860463 |  | D B C A | Closed | FCRE7009 | 2025-05-07 08:31 | 2025-05-09 15:58 | Waived | 2 - Non-Material B | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Waived-Exception approval is required for having no replacement cost. Insurance - insurance policy covers full repair cost. Current dwelling is xxx while loan amount is xxx - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception approval is required for having no replacement cost. Insurance - insurance policy covers full repair cost. Current dwelling is xxx while loan amount is xxx - Due Diligence Vendor-05/xx/2025 |  | · All consumer credit paid as agreed in the most recent 12 months. <br> · Borrower exceeds minimum credit score requirements by 62 points. <br> · DSCR Ratio of xxx |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | Yes | xxx |
| 860463 |  | D B C A | Closed | FVAL1039 | 2025-05-07 08:33 | 2025-05-09 15:53 | Waived | 2 - Non-Material B | Property | Value | Appraised value unsupported | Waived-Exception to allow using the appraised value of xxx. Per guideline, if owned less than 12 months, needs to use the purchase price plus documented improvements. Borrower owned the property last xxx with a purchase price of xxx. Per the appraisal report, the appraiser provided an overall condition rating of xxx for both the interior and exterior of the subject property.<br> - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception to allow using the appraised value of xxx. Per guideline, if owned less than 12 months, needs to use the purchase price plus documented improvements. Borrower owned the property last xxx with a purchase price of xxx. Per the appraisal report, the appraiser provided an overall condition rating of xxx for both the interior and exterior of the subject property.<br> - Due Diligence Vendor-05/xx/2025 |  | · All consumer credit paid as agreed in the most recent 12 months. <br> · Borrower exceeds minimum credit score requirements by 62 points. <br> · DSCR Ratio of xxx |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 860463 |  | D B C A | Closed | FCRE8201 | 2025-05-07 08:37 | 2025-05-09 15:52 | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Exception approval is required for borrower not meeting the 6 months seasoning requirement from deed transfer to application. Warranty deed is dated xxx. - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception approval is required for borrower not meeting the 6 months seasoning requirement from deed transfer to application. Warranty deed is dated xxx. - Due Diligence Vendor-05/xx/2025 |  | · All consumer credit paid as agreed in the most recent 12 months. <br> · Borrower exceeds minimum credit score requirements by 62 points. <br> · DSCR Ratio of xxx |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 888830 |  | D B C A | Closed | FCRE1198 | 2025-05-09 17:07 | 2025-05-27 14:47 | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Audited Reserves of xxx are greater than or equal to Guideline Required Reserves of xxx - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. <br> Please see attached operating agreement.<br> Borrower owns 81% of the business. <br> - Seller-05/xx/2025 <br> Counter-The Bank statement provided has the Business Name of xxx without any verification of who owns this business. the Loan closed as xxx. The concurrent loan xxx reflects a xxx. - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Counter-The Approved Exception form does not address the reserves requirements. Missing borrower's bank statements as seen in xxx- Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Open-Audited Reserves of xxx are less than Guideline Required Reserves of xxx Missing borrower's bank statements as seen in xxx- Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. <br> Please see attached operating agreement.<br> Borrower owns 81% of the business. <br> - Seller-05/xx/2025 <br>Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br>Ready for Review-Document Uploaded. - Seller-05/xx/2025<br>| Resolved-Audited Reserves of 13.18 are greater than or equal to Guideline Required Reserves of 2 - Due Diligence Vendor-05/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 13.18 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | xxx |
| 888830 |  | D B C A | Closed | FCOM6472 | 2025-05-09 17:12 | 2025-05-15 14:00 | Resolved | 1 - Information D A | Compliance | Missing Doc | Note data is missing or inaccurate | Resolved-Per Directive, Articles of origination located in the file on page xxx - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-unless closing agent requires it to insure the loan, we don't put title's of members - Seller-05/xx/2025 <br> Open-Note, DOT, business purpose cert, occupancy certs, and federal notices to be corrected with LLC member titles added to signature lines. - Due Diligence Vendor-05/xx/2025 | Ready for Review-unless closing agent requires it to insure the loan, we don't put title's of members - Seller-05/xx/2025<br>| Resolved-Per Directive, Articles of origination located in the file on page xxx - Due Diligence Vendor-05/xx/2025 | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 13.18 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | xxx |
| 888830 |  | D B C A | Closed | FCRE1194 | 2025-05-07 07:22 | 2025-05-09 17:15 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Exception approval is required to retain LTV at 75%. Per guideline, maximum LTV should be 60% for no primary residence. - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception approval is required to retain LTV at 75%. Per guideline, maximum LTV should be 60% for no primary residence. - Due Diligence Vendor-05/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 13.18 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points | Borrower exceeds minimum credit score by at least 62 points. <br> All consumer credit paid as agreed in the most recent 12 months. <br> DSCR ratio of xxx  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 888830 |  | D B C A | Closed | FCRE1004 | 2025-05-07 07:24 | 2025-05-09 17:14 | Waived | 2 - Non-Material B | Credit | Eligibility | Credit Event Seasoning is Less than Guideline Minimum | Waived-Credit documents reviewed indicate a derogatory credit event (bankruptcy, foreclosure, short sale, deed-in-lieu, or modification) that does not meet minimum seasoning requirements per guidelines. Exception approval is required for not meeting cashout seasoning requirement. Per guideline, minimum ownership is 6 months from deed transfer to application. The warranty deed is dated xxx. - Due Diligence Vendor-05/xx/2025 |  | Waived-Credit documents reviewed indicate a derogatory credit event (bankruptcy, foreclosure, short sale, deed-in-lieu, or modification) that does not meet minimum seasoning requirements per guidelines. Exception approval is required for not meeting cashout seasoning requirement. Per guideline, minimum ownership is 6 months from deed transfer to application. The warranty deed is dated xxx. - Due Diligence Vendor-05/xx/2025 | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 13.18 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points | Borrower exceeds minimum credit score by at least 62 points. <br> All consumer credit paid as agreed in the most recent 12 months. <br> DSCR ratio of xxx  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 888830 |  | D B C A | Closed | FVAL9739 | 2025-05-07 07:25 | 2025-05-09 17:14 | Waived | 2 - Non-Material B | Property | Appraisal | Property/Appraisal General | Waived-Exception to allow using the appraised value of xxx (this is from xxx (xxx) . Per guideline, if owned less than xxx months, needs to use the purchase price plus documented improvements. Borrower owned the property last xxx with a purchase price of xxx. Per the appraisal report, the <br> appraiser provided an overall condition rating of xxx for both the interior and exterior of the subject property. <br> - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception to allow using the appraised value of xxx (this is from xxx (xxx) . Per guideline, if owned less than 12 months, needs to use the purchase price plus documented improvements. Borrower owned the property last xxx with a purchase price of xxx. Per the appraisal report, the <br> appraiser provided an overall condition rating of xxx for both the interior and exterior of the subject property. - Due Diligence Vendor-05/xx/2025 | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 13.18 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points | Borrower exceeds minimum credit score by at least 62 points. <br> All consumer credit paid as agreed in the most recent 12 months. <br> DSCR ratio of xxx |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 888830 |  | D B C A | Closed | FCRE1167 | 2025-05-07 07:20 | 2025-05-09 17:11 | Waived | 2 - Non-Material B | Credit | Insurance | Inadequate Hazard Insurance Coverage - Amount of coverage is less than primary lien amount and the Replacement Cost Value Estimator was not Provided by the Insurer | Waived-Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage is less than the greater of the Subject Lien or replacement cost value and Replacement Cost Estimator by Insurer was not Provided Exception approval is required for having no replacement cost. Insurance - insurance policy covers full repair cost. Current dwelling is xxx while loan amount is xxx. - Due Diligence Vendor-05/xx/2025 |  | Waived-Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage is less than the greater of the Subject Lien or replacement cost value and Replacement Cost Estimator by Insurer was not Provided Exception approval is required for having no replacement cost. Insurance - insurance policy covers full repair cost. Current dwelling is xxx while loan amount is xxx. - Due Diligence Vendor-05/xx/2025 | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 13.18 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points | Borrower exceeds minimum credit score by at least 62 points. <br> All consumer credit paid as agreed in the most recent 12 months. <br> DSCR ratio of xxx |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 888830 |  | D B C A | Closed | FCRE1440 | 2025-05-07 07:26 | 2025-05-09 17:11 | Waived | 2 - Non-Material B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Exception approval is required for not meeting the seasoning requirement on loan modification. Loan maturity date is xxx. Payoff demand received show that borrower can payoff the loan until xxx. As per guideline, seasoning requirements for loan modification is 48 <br> months. - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception approval is required for not meeting the seasoning requirement on loan modification. Loan maturity date is xxx. Payoff demand received show that borrower can payoff the loan until xxx. As per guideline, seasoning requirements for loan modification is xxx months. - Due Diligence Vendor-05/xx/2025 | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 13.18 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points | Borrower exceeds minimum credit score by at least 62 points. <br> All consumer credit paid as agreed in the most recent 12 months. <br> DSCR ratio of xxx  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes | xxx |
| 877273 |  | C B A | Closed | FCRE1167 | 2025-05-07 15:25 | 2025-05-12 11:14 | Resolved | 1 - Information C A | Credit | Insurance | Inadequate Hazard Insurance Coverage - Amount of coverage is less than primary lien amount and the Replacement Cost Value Estimator was not Provided by the Insurer | Resolved-Sufficent Hazard Insurance Coverage is provided - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Open-Inadequate Hazard Insurance Coverage and Replacement Cost Estimator was not Provided - Hazard Insurance Coverage in the amount of xxx is less than the minimum required coverage amount of xxx Satisfactory evidence of sufficient hazard coverage OR Satisfactory RCE (beyond xxx) - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. - Seller-05/xx/2025<br>| Resolved-Sufficent Hazard Insurance Coverage is provided - Due Diligence Vendor-05/xx/2025<br>| Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 17.08 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 8.85 Years<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 37.58% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 26 Years |  | xxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | xxx |
| 877273 |  | C B A | Closed | FCRE8728 | 2025-05-07 15:45 | 2025-05-07 15:45 | Waived | 2 - Non-Material B | Credit | Missing Doc - Credit | Missing Payment History | Waived-Exception Approval required for cash payments made on the private note, xxx. - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception Approval required for cash payments made on the private note, xxx. - Due Diligence Vendor-05/xx/2025 | Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 17.08 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 8.85 Years<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 37.58% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 26 Years | DTI < 38%<br> 10+ months reserves<br> Payment shock of 161.4%<br> FICO of xxx |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | Cash Out - Other | Originator Pre-Close | Yes | xxx |
| 877273 |  | C B A | Closed | FCRE1194 | 2025-05-06 10:38 | 2025-05-07 15:42 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Exception Approval required to stay at 70% LTV due to a declining market per Appraisal report - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception Approval required to stay at 70% LTV due to a declining market per Appraisal report - Due Diligence Vendor-05/xx/2025<br>| Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 17.08 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 8.85 Years<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 37.58% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 26 Years | 1. DTI is < 38%. 5. FICO is xxx <br> 2. 10 months of liquid reserves. <br> 3. Value of subject is over xxx. Original acquisition loan amount xxx <br> 4. Payment shock is only xxx |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | Cash Out - Other | Originator Pre-Close | Yes | xxx |
| 880123 |  | D B A | Closed | FCRE1815 | 2025-05-21 17:19 | 2025-06-03 07:52 | Resolved | 1 - Information D A | Credit | Missing Doc | Entity Formation Documents for Main Entity and/or Sub-Entity Incomplete | Resolved-Business Documents provided. - Due Diligence Vendor-06/xx/2025 <br>Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br>Counter-Missing Certificate of Good Standing. - Due Diligence Vendor-05/xx/2025 <br>Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br>Open-Missing Operating Agreement/equivalent, Articles of formation/equivalent, Certificate of good standing, and/or evidence of EIN Missing Operating Agreement and Certificate of Good Standing. - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br>Ready for Review-Document Uploaded. - Seller-05/xx/2025<br>| Resolved-Business Documents provided. - Due Diligence Vendor-06/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 22.49 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx |
| 880123 |  | D B A | Closed | FCRE7347 | 2025-05-15 13:14 | 2025-05-28 16:07 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lease Agreement | Resolved-Short Term AIRDNA Provided. - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Open-Subject Property Lease Agreement and 1007 Document is missing in loan file Consider Market rent estimated on 1008 Document. - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. - Seller-05/xx/2025<br>| Resolved-Short Term AIRDNA Provided. - Due Diligence Vendor-05/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 22.49 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx |
| 880123 |  | D B A | Closed | FPRO1242 | 2025-05-15 09:27 | 2025-05-28 16:05 | Resolved | 1 - Information D A | Property | Missing Doc - Appraisal | Appraisal is Missing | Resolved-Appraisal has been provided - Due Diligence Vendor-05/xx/2025 <br>Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br>Open-Appraisal is Missing - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. - Seller-05/xx/2025<br>| Resolved-Appraisal has been provided - Due Diligence Vendor-05/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 22.49 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx |
| 880123 |  | D B A | Closed | FCRE1194 | 2025-05-15 13:11 | 2025-05-15 13:11 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 75% exceeds Guideline LTV of 60% Exception approval is required to proceed with a 75% LTV. Per guidelines, the maximum LTV for an interest-only loan is 70%, and for a borrower without a primary residence, the limit is 60%. <br> - Due Diligence Vendor-05/xx/2025 |  | Waived-Audited LTV of 75% exceeds Guideline LTV of 60% Exception approval is required to proceed with a 75% LTV. Per guidelines, the maximum LTV for an interest-only loan is 70%, and for a borrower without a primary residence, the limit is 60%. <br> - Due Diligence Vendor-05/xx/2025<br>| Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 22.49 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months | · Borrower exceeds minimum credit score requirement by at least 62 points. <br> · All consumer paid as agreed in the most recent 12 months. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | xxx |
| 880123 |  | D B A | Closed | FVAL9739 | 2025-05-15 13:05 | 2025-05-15 13:05 | Waived | 2 - Non-Material B | Property | Appraisal | Property/Appraisal General | Waived-Exception to allow using the appraised value of xxx. Per guideline, if owned less than xxx months, needs to use the purchase price plus documented improvements. Borrower owned the property last xxx with a purchase price of xxx. Per the appraisal report, the appraiser provided an overall condition rating of xxx for both the interior and exterior of the subject property. - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception to allow using the appraised value of xxx. Per guideline, if owned less than xxx months, needs to use the purchase price plus documented improvements. Borrower owned the property last xxx with a purchase price of xxx. Per the appraisal report, the appraiser provided an overall condition rating of xxx for both the interior and exterior of the subject property. - Due Diligence Vendor-05/xx/2025 | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 22.49 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months | · Borrower exceeds minimum credit score requirement by at least 62 points. <br> · All consumer paid as agreed in the most recent 12 months. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | xxx |
| 880123 |  | D B A | Closed | FCRE7009 | 2025-05-15 13:00 | 2025-05-15 13:00 | Waived | 2 - Non-Material B | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Waived-Exception approval is required for having no replacement cost. Insurance - insurance policy covers full repair cost. Current dwelling is xxx while loan amount is xxx. - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception approval is required for having no replacement cost. Insurance - insurance policy covers full repair cost. Current dwelling is xxx while loan amount is xxx. - Due Diligence Vendor-05/xx/2025 | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 22.49 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months | · Borrower exceeds minimum credit score requirement by at least 62 points. <br> · All consumer paid as agreed in the most recent 12 months. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | xxx |
| 880123 |  | D B A | Closed | FCRE8201 | 2025-05-15 12:58 | 2025-05-15 12:58 | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Exception approval is required for borrower not meeting the xxx months seasoning requirement from deed transfer to application. Warranty deed is dated xxx. - Due Diligence Vendor-05/xx/2025 |  | Waived-Exception approval is required for borrower not meeting the 6 months seasoning requirement from deed transfer to application. Warranty deed is dated xxx. - Due Diligence Vendor-05/xx/2025 | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 22.49 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months | · Borrower exceeds minimum credit score requirement by at least 62 points. <br> · All consumer paid as agreed in the most recent 12 months. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | xxx |
| 825618 |  | D B A | Closed | FCOM6472 | 2025-05-08 17:43 | 2025-05-15 13:55 | Resolved | 1 - Information D A | Compliance | Missing Doc | Note data is missing or inaccurate | Resolved-Per Directive, Operating Agreement located in the file on xxx - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-unless closing agent requires it to insure the loan, we don't put title's of members<br>- Seller-05/xx/2025 <br> Counter-Loan Closed under an LLC and the following Documents need to reflect the borrower/guarantors LLC "member title" which are the Note, DOT, business purpose cert, occupancy certs, and federal notices. - Due Diligence Vendor-05/xx/2025 <br> Ready for Review-Document Uploaded. Purpose is refi - Seller-05/xx/2025 <br> Open-Note, DOT, business purpose cert, occupancy cert, and federal notices to be corrected with LLC member titles added to signature lines. - Due Diligence Vendor-05/xx/2025 | Ready for Review-unless closing agent requires it to insure the loan, we don't put title's of members<br>- Seller-05/xx/2025 <br>Ready for Review-Document Uploaded. Purpose is refi - Seller-05/xx/2025<br>| Resolved-Per Directive, Operating Agreement located in the file on page xxx - Due Diligence Vendor-05/xx/2025 | Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 121.32 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx |
| 825618 |  | D B A | Closed | FVAL1039 | 2025-05-08 18:26 | 2025-05-08 18:26 | Waived | 2 - Non-Material B | Property | Value | Appraised value unsupported | Waived-Lender exception to use appraised value in lieu of purchase price plus documented improvements. Property acquired less than xxx months ago. - Due Diligence Vendor-05/xx/2025 |  | Waived-Lender exception to use appraised value in lieu of purchase price plus documented improvements. Property acquired less than xxx months ago. - Due Diligence Vendor-05/xx/2025 | Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 121.32 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months | FICO xxx<br> Reserves exceed 100 months |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | Originator Pre-Close | Yes | xxx |
| 825618 |  | D B A | Closed | FCRE8138 | 2025-05-08 18:24 | 2025-05-08 18:24 | Waived | 2 - Non-Material B | Credit | Income | DSCR is less than the guideline minimum | Waived-Lender exception to use future lease (xxx) along with proof of receipt of security deposit and one month's advance rent. Using future lease amount causes DSCR to exceed xxx. Using estimated appraisal market rent causes DSCR to be below xxx. - Due Diligence Vendor-05/xx/2025 |  | Waived-Lender exception to use future lease (starting xxx) along with proof of receipt of security deposit and one month's advance rent. Using future lease amount causes DSCR to exceed xxx. Using estimated appraisal market rent causes DSCR to be below xxx. - Due Diligence Vendor-05/xx/2025 | Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 121.32 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | Originator Pre-Close | Yes | xxx |
| 825618 |  | D B A | Closed | FCRE7287 | 2025-05-08 18:18 | 2025-05-08 18:18 | Waived | 2 - Non-Material B | Credit | Eligibility | Property has been listed for sale in the past six months | Waived-Property listing terminated xxx < less than xxx months from closing date. - Due Diligence Vendor-05/xx/2025 |  | Waived-Property listing terminated xxx < less than 6 months from closing date. - Due Diligence Vendor-05/xx/2025 | Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 121.32 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months | FICO xxx<br> Reserves over 100 months |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | Originator Pre-Close | Yes | xxx |
| 825618 |  | D B A | Closed | FCRE1194 | 2025-05-08 18:16 | 2025-05-08 18:16 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 68.42% exceeds Guideline LTV of 65% Lender exception for use max LTV of 70% for unleased property, further reduced 5% for appraisal reflecting declining property values and oversupply. - Due Diligence Vendor-05/xx/2025 |  | Waived-Audited LTV of 68.42% exceeds Guideline LTV of 65% Lender exception for use max LTV of 70% for unleased property, further reduced 5% for appraisal reflecting declining property values and oversupply. - Due Diligence Vendor-05/xx/2025<br>| Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 121.32 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months | FICO of xxx while min required is xxx<br> Reserves over 100 months |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | Originator Pre-Close | Yes | xxx |
| 887969 |  | B A | Closed | FCRE1158 | 2025-05-08 15:31 | 2025-05-08 15:49 | Waived | 2 - Non-Material B | Credit | Missing Doc - Insurance | Hazard Insurance Policy is Partial | Waived- Hazard Insurance Policy Partially Provided - Document is incomplete or missing required policy information. Allow the xxx - month Fair Rental Loss on the HOI instead the dollar amount of xxx. - Due Diligence Vendor-05/xx/2025 |  | Waived- Hazard Insurance Policy Partially Provided - Document is incomplete or missing required policy information. Allow the 12 - month Fair Rental Loss on the HOI instead the dollar amount of xxx. - Due Diligence Vendor-05/xx/2025 | Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 14.74 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months | <br> Current FICO is of xxx while min required is xxx – exceeds minimum credit score by at least of 93 points, Borrower has sufficient tradelines as required by program, DSCR ratio of xxx, Reserves exceed minimum required by at least 12 months (post - closing) |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 887969 |  | B A | Closed | FCRE1194 | 2025-05-08 06:37 | 2025-05-08 06:37 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-<br> Current LTV/CLTV of 75% did not meet the minimum required of maximum LTV of 65% for FTHB - Due Diligence Vendor-05/xx/2025 |  | Waived-<br> Current LTV/CLTV of 75% did not meet the minimum required of maximum LTV of 65% for FTHB - Due Diligence Vendor-05/xx/2025<br>| Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points<br> Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 14.74 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months | Current FICO is of xxx while min required is xxx – exceeds minimum credit score by at least of 93 points <br> · Borrower has sufficient tradelines as required by program<br> · DSCR ratio of xxx<br> · Reserves exceed minimum required by at least 12 months (post - closing) |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 795375 |  | B A | Closed | FCRE1194 | 2025-05-09 09:42 | 2025-05-12 08:21 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-GUIDELINE EXCEPTION 1: <br> Borrower is first time home buyer/no primary residence. Max LTV allowed is 60% while current LTV is 62.067% - Due Diligence Vendor-05/xx/2025 |  | Waived-GUIDELINE EXCEPTION 1: <br> Borrower is first time home buyer/no primary residence. Max LTV allowed is 60% while current LTV is 62.067% - Due Diligence Vendor-05/xx/2025<br>| Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 42.66 Years<br> Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 63.48 Are Greater Than The Guideline Minimum Of 4 By Six (6) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of xxx is Greater Than The Guideline Minimum Of xxx By Twenty (20) or More Points | FICO is xxx while min required is xxx<br> - Reserves are of 50+ months while required are 4 months |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA | Originator Pre-Close | Yes | xxx |
| 778899 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA |  |  | xxx |
| 867042 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Second Home | Purchase | NA |  |  | xxx |
| 854486 |  | D A | Closed | FCRE1182 | 2025-05-29 17:34 | 2025-06-02 15:07 | Resolved | 1 - Information B A | Credit | Missing Doc - Approval Info | Underwriting Summary Not Provided | Resolved-1008/Underwriting Summary is fully present - Due Diligence Vendor-06/xx/2025 <br> Ready for Review-Document Uploaded. xxx uploaded - Seller-05/xx/2025 <br> Open-1008/Underwriting Summary Not Provided Missing Lender Approval/Transaction Summary. - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. BLAA uploaded - Seller-05/xx/2025<br>| Resolved-1008/Underwriting Summary is fully present - Due Diligence Vendor-06/xx/2025<br>| Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 2.79% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 175.33 Are Greater Than The Guideline Minimum Of 9 By Six (6) Or More Months |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx |
| 854486 |  | D A | Closed | FCRE2663 | 2025-05-29 16:34 | 2025-06-02 15:05 | Resolved | 1 - Information B A | Credit | Missing Doc | Application Missing | Resolved- - Due Diligence Vendor-06/xx/2025 <br>Ready for Review-Document Uploaded. loan application uploaded - Seller-05/xx/2025 <br>Open-Missing borrower loan application. - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. loan application uploaded - Seller-05/xx/2025<br>|  | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 2.79% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 175.33 Are Greater Than The Guideline Minimum Of 9 By Six (6) Or More Months |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx |
| 854486 |  | D A | Closed | FCRE1342 | 2025-05-27 02:38 | 2025-06-02 15:05 | Resolved | 1 - Information D A | Credit | Missing Doc - Income | Borrower 1 Business Bank Statements Missing | Resolved-Borrower 1 Business Bank Statements Provided - Due Diligence Vendor-06/xx/2025 <br> Ready for Review-Document Uploaded. - Seller-05/xx/2025 <br> Open-Borrower 1 Business Bank Statements Missing Borrower 1 xxx Missing. - Due Diligence Vendor-05/xx/2025 | Ready for Review-Document Uploaded. - Seller-05/xx/2025<br>| Resolved-Borrower 1 Business Bank Statements Provided - Due Diligence Vendor-06/xx/2025<br>| Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 2.79% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 175.33 Are Greater Than The Guideline Minimum Of 9 By Six (6) Or More Months |  | xxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxx |
| 804959 |  | B A | Closed | FPRO1251 | 2025-05-29 14:04 | 2025-06-02 12:45 | Waived | 2 - Non-Material B | Credit | Eligibility | Property Zoning Does Not Meet Program Requirements | Waived- The subject property's current acreage of 23.8 exceeds the allowable limit of 10 acres. - Due Diligence Vendor-05/xx/2025 |  | Waived- The subject property's current acreage of 23.8 exceeds the allowable limit of 10 acres. - Due Diligence Vendor-05/xx/2025<br>| Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 15.52% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More<br>Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 40.49% Is Below The Guideline Maximum Of 75% By Ten Percent (10%) Or More<br>Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 36.17 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months | Min FICO required is xxx while current FICO is xxx<br> Reserves of 33 months post loan closing <br> DTI less than 20%  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | Cash Out - Other | Originator Pre-Close | Yes | xxx |
| 804959 |  | B A | Closed | FCRE3874 | 2025-06-02 12:22 | 2025-06-02 12:45 | Waived | 2 - Non-Material B | Credit | Eligibility | Neighborhood Location Not Allowed for Guidelines | Waived-Primary Value Valuation Neighborhood Location Not Allowed for Program Lender exception for being situated in a rural/agricultural area. - Due Diligence Vendor-06/xx/2025 |  | Waived-Primary Value Valuation Neighborhood Location Not Allowed for Program Lender exception for being situated in a rural/agricultural area. - Due Diligence Vendor-06/xx/2025<br>| Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 15.52% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More<br>Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 40.49% Is Below The Guideline Maximum Of 75% By Ten Percent (10%) Or More<br>Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 36.17 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months | Min FICO required is xxx while current FICO is xxx<br> Reserves of 33 months post loan closing <br> DTI less than 20%  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | Cash Out - Other | Originator Pre-Close | Yes | xxx |
| 804959 |  | B A | Closed | FCRE1440 | 2025-06-02 12:35 | 2025-06-02 12:35 | Waived | 2 - Non-Material B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Housing History Does Not Meet Guideline Requirements Missing one month cancelled check for mortgage payment on subject property. (Privately held mortgage) - Due Diligence Vendor-06/xx/2025 |  | Waived-Housing History Does Not Meet Guideline Requirements Missing one month cancelled check for mortgage payment on subject property. (Privately held mortgage) - Due Diligence Vendor-06/xx/2025<br>| Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 15.52% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More<br>Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 40.49% Is Below The Guideline Maximum Of 75% By Ten Percent (10%) Or More<br>Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 36.17 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months | Min FICO required is xxx while current FICO is xxxx<br> Reserves of 33 months post loan closing <br> DTI less than 20% |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxx | xxx | Primary Residence | Refinance | Cash Out - Other | Originator Pre-Close | Yes | xxx |
| 838770 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxx | xxx | Investment | Purchase | NA |  |  |  |

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## Exhibit 99.3

**Exhibit 99.3 Schedule 4**

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| | | | |
|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 849778 |  |  | xxx A D |
| 885132 |  |  | xxx B A C |
| 865648 |  |  | xxx B A C |
| 812952 |  |  | xxx A C |
| 780288 |  |  | xxx C D A |
| 831356 |  |  | xxx B A |
| 881903 |  |  | xxx B A |
| 863327 |  |  | xxx C A B |
| 834585 |  |  | xxx A |
| 860511 |  |  | xxx A B |
| 863111 |  |  | xxx A C |
| 851956 |  |  | xxx D A |
| 798032 |  |  | xxx A |
| 873509 |  |  | xxx B A |
| 836185 |  |  | xxx B A |
| 886709 |  |  | xxx B A |
| 881246 |  |  | xxx B A |
| 858677 |  |  | xxx D A |
| 803229 |  |  | xxx D A |
| 812125 |  |  | xxx A D |
| 883280 |  |  | xxx A |
| 844740 |  |  | xxx C A B |
| 883717 |  |  | xxx D A B |
| 878725 |  |  | xxx D A B |
| 857295 |  |  | xxx D A B |
| 863932 |  |  | xxx D A B |
| 883795 |  |  | xxx B A |
| 801842 |  |  | xxx B A |
| 853912 |  |  | xxx B A |
| 881226 |  |  | xxx B A |
| 795107 |  |  | xxx A |
| 880626 |  |  | xxx A |
| 798172 |  |  | xxx C A B |
| 859027 |  |  | xxx C D A B |
| 815607 |  |  | xxx D B A |
| 841284 |  |  | xxx B A C |
| 779987 |  |  | xxx B A |
| 813762 |  |  | xxx B A |
| 790365 |  |  | xxx B A |
| 810677 |  |  | xxx D A |
| 813075 |  |  | xxx B A |
| 832048 |  |  | xxx A |
| 868607 |  |  | xxx A |
| 855879 |  |  | xxx B C A |
| 860463 |  |  | xxx C D B A |
| 888830 |  |  | xxx C D B A |
| 877273 |  |  | xxx C A B |
| 880123 |  |  | xxx D A B |
| 825618 |  |  | xxx B D A |
| 887969 |  |  | xxx B A |
| 795375 |  |  | xxx B A |
| 778899 |  |  | xxx A |
| 867042 |  |  | xxx A |
| 854486 |  |  | xxx D A |
| 804959 |  |  | xxx B A |
| 838770 |  |  | xxx A |

---

## Exhibit 99.3

**Exhibit 99.3 Schedule 5**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| 849778 |  |  | xxx | xxx | xxx | 0 | xxx | xxx | 1025 Small Residential Income Report | xxx | 70 | 70 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 885132 |  |  | xxx | xxx |  | 0 | xxx | xxx | 1004 URAR | xxx | 65.0 | 65.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | xxx |
| 865648 |  |  | xxx | xxx |  | xxx | xxx | xxx | 1004 URAR | xxx | 70.0 | 70.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.3 | xxx |
| 812952 |  |  | xxx | xxx |  | 0 | xxx | xxx | Other | xxx | 65.0 | 65.0 | xxx | 0 | .0000 | Broker Price Opinion (BPO) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 780288 |  |  | xxx | xxx |  | 0 | xxx | xxx | Other | xxx | 65.0 | 65.0 | xxx | xxx | -.0698 | Broker Price Opinion (BPO) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | -.0698 | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 831356 |  |  | xxx | xxx |  | 0 | xxx | xxx | 1004 URAR | xxx | 59.1 | 59.1 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.8 | xxx |
| 881903 |  |  | xxx | xxx |  | 0 | xxx | xxx | 1004 URAR | xxx | 70.0 | 70.0 | xxx | xxx | -.0070 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | -.0070 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 863327 |  |  | xxx | xxx | xxx | 0 | xxx | xxx | 1004 URAR | xxx | 70.0 | 70.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.7 | xxx |
| 834585 |  |  | xxx | xxx |  | xxx | xxx | xxx | 1025 Small Residential Income Report | xxx | 75.0 | 75.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 860511 |  |  | xxx | xxx | xxx | 0 | xxx | xxx | 1004 URAR | xxx | 89.99 | 89.99 | xxx | 0 | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | xxx | Eligible | 2.5 |  |
| 863111 |  |  | xxx | xxx | xxx | xxx | xxx | xxx | 1004 URAR | xxx | 80.0 | 80.0 | xxx | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | xxx | xxx | .0000 | xxx | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | xxx |
| 851956 |  |  | xxx | xxx | xxx | 0 | xxx | xxx | 1004 URAR | xxx | 80.0 | 80.0 | xxx | 0 | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | xxx | Eligible |  |  |
| 798032 |  |  | xxx | xxx | xxx | xxx | xxx | xxx | 1004 URAR | xxx | 80.0 | 80.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 873509 |  |  | xxx | xxx |  | 0 | xxx | xxx | 1025 Small Residential Income Report | xxx | 63.64 | 63.64 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 836185 |  |  | xxx | xxx | xxx | 0 | xxx | xxx | 1073 Individual Condo Report | xxx | 75.0 | 75.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx |
| 886709 |  |  | xxx | xxx | xxx | xxx | xxx | xxx | 1004 URAR | xxx | 65.0 | 65.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | xxx |
| 881246 |  |  | xxx | xxx |  | 0 | xxx | xxx | 1004 URAR | xxx | 60.0 | 60.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 | xxx |
| 858677 |  |  | xxx | xxx |  | xxx | xxx | xxx | 1004 URAR | xxx | 42.23 | 42.23 | xxx | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | xxx |
| 803229 |  |  | xxx | xxx | xxx | 0 | xxx | xxx | 1004 URAR | xxx | 67.79 | 67.79 | xxx | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | xxx |
| 812125 |  |  | xxx | xxx |  | 0 | xxx | xxx | 1073 Individual Condo Report | xxx | 68.85 | 68.85 | xxx | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | xxx | Eligible | 2.1 | xxx |
| 883280 |  |  | xxx | xxx | xxx | 0 | xxx | xxx | 1004 URAR | xxx | 79.84 | 79.84 | xxx | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | xxx |
| 844740 |  |  | xxx | xxx |  | 0 | xxx | xxx | 1004 URAR | xxx | 75.0 | 75.0 | xxx | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | xxx |
| 883717 |  |  | xxx | xxx | xxx | xxx | xxx | xxx | 1073 Individual Condo Report | xxx | 75.0 | 75.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | xxx |
| 878725 |  |  | xxx | xxx |  | 0 | xxx | xxx | 1073 Individual Condo Report | xxx | 65.0 | 65.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 857295 |  |  | xxx | xxx |  | 0 | xxx | xxx | 1004 URAR | xxx | 75.0 | 75.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | xxx |
| 863932 |  |  | xxx | xxx |  | 0 | xxx | xxx | 1004 URAR | xxx | 75.0 | 75.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | xxx |
| 883795 |  |  | xxx | xxx | xxx | xxx | xxx | xxx | 1073 Individual Condo Report | xxx | 80.0 | 80.0 | xxx | xxx | -.0170 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | -.0170 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | xxx |
| 801842 |  |  | xxx | xxx |  | 0 | xxx | xxx | 1004 URAR | xxx | 75.0 | 75.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | xxx |
| 853912 |  |  | xxx | xxx |  | 0 | xxx | xxx | 1004 URAR | xxx | 75.0 | 75.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | xxx |
| 881226 |  |  | xxx | xxx |  | 0 | xxx | xxx | 1004 URAR | xxx | 75.0 | 75.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | xxx |
| 795107 |  |  | xxx | xxx | xxx | xxx | xxx | xxx | 1004 URAR | xxx | 64.38 | 64.38 | xxx | xxx | -.0368 | AVM |  |  |  |  |  |  |  |  |  | xxx | xxx | -.0368 | 96.0 | 0.04 | xxx | xxx | xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 880626 |  |  | xxx | xxx |  | 0 | xxx | xxx | 1004 URAR | xxx | 52.43 | 52.43 | xxx | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | xxx | Eligible | 1 | xxx |
| 798172 |  |  | xxx | xxx |  | xxx | xxx | xxx | 1004 URAR | xxx | 55.0 | 55.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  | xxx | xxx | .2951 | xxx | 1004 URAR |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | xxx | Eligible | 2.3 |  |
| 859027 |  |  | xxx | xxx | xxx | 0 | xxx | xxx | 1004 URAR | xxx | 80.0 | 80.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 815607 |  |  | xxx | xxx |  | 0 | xxx | xxx | 1004 URAR | xxx | 70.0 | 70.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | xxx | Eligible | 1 |  |
| 841284 |  |  | xxx | xxx | xxx | 0 | xxx | xxx | 1004 URAR | xxx | 80.0 | 80.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.4 | xxx |
| 779987 |  |  | xxx | xxx | xxx | xxx | xxx | xxx | 1025 Small Residential Income Report | xxx | 70.0 | 70.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 813762 |  |  | xxx | xxx |  | xxx | xxx | xxx | 1004 URAR | xxx | 35.81 | 35.81 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | xxx |
| 790365 |  |  | xxx | xxx | xxx | 0 | xxx | xxx | 1004 URAR | xxx | 75.0 | 75.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | xxx |
| 810677 |  |  | xxx | xxx |  | xxx | xxx | xxx | 1004 URAR | xxx | 43.75 | 43.75 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 813075 |  |  | xxx | xxx |  | xxx | xxx | xxx | 1004 URAR | xxx | 80.0 | 80.0 | xxx | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | xxx |
| 832048 |  |  | xxx | xxx | xxx | xxx | xxx | xxx | 1004 URAR | xxx | 70.0 | 70.0 | xxx | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | xxx | Eligible | 1 | xxx |
| 868607 |  |  | xxx | xxx | xxx | 0 | xxx | xxx | 1004 URAR | xxx | 85.0 | 85.0 | xxx | xxx | -.0462 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | -.0462 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4 | xxx | Not Eligible |  |  |
| 855879 |  |  | xxx | xxx | xxx | 0 | xxx | xxx | 1004 URAR | xxx | 80.0 | 80.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | xxx |
| 860463 |  |  | xxx | xxx |  | xxx | xxx | xxx | 1004 URAR | xxx | 75.0 | 75.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | xxx |
| 888830 |  |  | xxx | xxx |  | 0 | xxx | xxx | 1025 Small Residential Income Report | xxx | 75.0 | 75.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 877273 |  |  | xxx | xxx |  | 0 | xxx | xxx | 1004 URAR | xxx | 70.0 | 70.0 | xxx | xxx | .0123 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0123 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | xxx |
| 880123 |  |  | xxx | xxx |  | 0 | xxx | xxx | 1004 URAR | xxx | 75.0 | 75.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 825618 |  |  | xxx | xxx |  | 0 | xxx | xxx | 1004 URAR | xxx | 68.42 | 68.42 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | xxx |
| 887969 |  |  | xxx | xxx | xxx | 0 | xxx | xxx | 1004 URAR | xxx | 75.0 | 75.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 795375 |  |  | xxx | xxx | xxx | xxx | xxx | xxx | 1004 URAR | xxx | 62.07 | 62.07 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 778899 |  |  | xxx | xxx | xxx | 0 | xxx | xxx | 1004 URAR | xxx | 60.0 | 60.0 | xxx | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | xxx |
| 867042 |  |  | xxx | xxx | xxx | 0 | xxx | xxx | 1073 Individual Condo Report | xxx | 80.0 | 80.0 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  | xxx | xxx | .0884 | 90.0 | 0.1 | xxx | xxx | xxxx | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 |  |
| 854486 |  |  | xxx | xxx |  | xxx | xxx | xxx | 1004 URAR | xxx | 73.47 | 73.47 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 804959 |  |  | xxx | xxx |  | 0 | xxx | xxx | 1004 URAR | xxx | 40.49 | 40.49 | xxx | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxx | xxx | .0000 | xxx | xxx | xxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 | xxx |
| 838770 |  |  | xxx | xxx | xxx | 0 | xxx | xxx | 1004 URAR | xxx | 75.0 | 75.0 | xxx | 0 | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxx |  |  |  |  |  |  |  |  |  |  | 2.5 | xxx | Eligible | 2.5 |  |

---

## Exhibit 99.4

**Exhibit 99.4**

![](ex99-4_001.jpg)

**EXECUTIVE SUMMARY**

**PRPM 2025-NQM4**

**By Clarifii LLC on September 03, 2025**

PRPM 2025-NQM4 Due Diligence Narrative Report – PagE \| 1

![](ex99-4_001.jpg)

 **CLARIFII CONTACT INFORMATION** 

---

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

---

**OVERVIEW**

Clarifii LLC ("Clarifii") conducted an independent third-party pre-securitization due diligence review (the "Review") of 49 loans (the "Loans") and these loans were subsequently acquired by PRP-LB VI AIV, LLC (the "Client") for the PRPM 2025-NQM4 transaction. The loans referenced in this narrative report were reviewed 01/2025 through 06/2025 by Clarifii. This narrative report provides information about the scope of work performed by Clarifii, and the results of Clarifii's review.

**ORIGINATORS**

Origination channels for the loans in this review:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Origination Channel** | &nbsp;&nbsp;**Loan<br> Count** | &nbsp;&nbsp;**% of<br> Pool** | &nbsp;&nbsp;**Original<br> Balance** |
| &nbsp;&nbsp;Retail | &nbsp;&nbsp;1 | &nbsp;&nbsp;2.04% | &nbsp;&nbsp;$324800.00 |
| &nbsp;&nbsp;Correspondent Flow with Delegated UW | &nbsp;&nbsp;6 | &nbsp;&nbsp;12.24% | &nbsp;&nbsp;$2508750.00 |
| &nbsp;&nbsp;Correspondent Flow without Delegated UW | &nbsp;&nbsp;1 | &nbsp;&nbsp;2.04% | &nbsp;&nbsp;$880000.00 |
| &nbsp;&nbsp;Wholesale | &nbsp;&nbsp;41 | &nbsp;&nbsp;83.67% | &nbsp;&nbsp;$17916452.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**49** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$21630002.00** |

---

The Review consisted of a population of 49 loans, with an aggregate principal balance of $21,630,002.00.

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

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

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

**LOAN SAMPLING**

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

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Identity of NRSRO** | &nbsp;&nbsp;**Title and Date of Criteria** |
| &nbsp;&nbsp;Moody's Investors Service, Inc. | &nbsp;&nbsp;Moody's Approach to Rating U.S. RMBS Using the MILAN Framework dated July 18, 2024 |

---

PRPM 2025-NQM4 Due Diligence Narrative Report – PagE \| 2

![](ex99-4_001.jpg)

**DATA INTEGRITY**

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

---

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

---

PRPM 2025-NQM4 Due Diligence Narrative Report – PagE \| 3

![](ex99-4_001.jpg)

---

| |
|:---|
| &nbsp;&nbsp;Borrower 1 Sex - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 1 Sex - Male |
| &nbsp;&nbsp;Borrower 1 SSN |
| &nbsp;&nbsp;Borrower 1 Telephone Interview |
| &nbsp;&nbsp;Borrower 1 Years in Current Home |
| &nbsp;&nbsp;Borrower 2 Birthdate |
| &nbsp;&nbsp;Borrower 2 Citizen |
| &nbsp;&nbsp;Borrower 2 Do you intend to occupy property as primary residence? |
| &nbsp;&nbsp;Borrower 2 Employer 1 Position |
| &nbsp;&nbsp;Borrower 2 Employer 1 Years in Line of Work |
| &nbsp;&nbsp;Borrower 2 Ethnicity - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 2 Ethnicity - Not Hispanic or Latino |
| &nbsp;&nbsp;Borrower 2 Ethnicity Visual Observation or Surname |
| &nbsp;&nbsp;Borrower 2 First Name |
| &nbsp;&nbsp;Borrower 2 Last Name |
| &nbsp;&nbsp;Borrower 2 Marital Status |
| &nbsp;&nbsp;Borrower 2 Name of Employer1 |
| &nbsp;&nbsp;Borrower 2 Qualifying Income |
| &nbsp;&nbsp;Borrower 2 Race - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 2 Race - White |
| &nbsp;&nbsp;Borrower 2 Rent or Own |
| &nbsp;&nbsp;Borrower 2 Self-Employment Flag |
| &nbsp;&nbsp;Borrower 2 Sex - Female |
| &nbsp;&nbsp;Borrower 2 Sex - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 2 SSN |
| &nbsp;&nbsp;Borrower 2 Telephone Interview |
| &nbsp;&nbsp;Borrower 2 Years in Current Home |
| &nbsp;&nbsp;Balloon Flag |
| &nbsp;&nbsp;Calculated DSCR |
| &nbsp;&nbsp;Cash Disbursement Date |
| &nbsp;&nbsp;Cash out Include Debt Paid at Close |
| &nbsp;&nbsp;FHA Streamline/VA IRRL Indicator |
| &nbsp;&nbsp;First Payment Date |
| &nbsp;&nbsp;HOA Flag |
| &nbsp;&nbsp;Initial Monthly P&I Or IO Payment |
| &nbsp;&nbsp;Interest Only Flag |
| &nbsp;&nbsp;Interest Only Term |
| &nbsp;&nbsp;Interest Rate |
| &nbsp;&nbsp;Investor Loan ID |
| &nbsp;&nbsp;Is the Condo Project warrantable |
| &nbsp;&nbsp;Lender Name |
| &nbsp;&nbsp;Lien Position |
| &nbsp;&nbsp;Loan Amount |
| &nbsp;&nbsp;Loan ID |

---

PRPM 2025-NQM4 Due Diligence Narrative Report – PagE \| 4

![](ex99-4_001.jpg)

---

| |
|:---|
| &nbsp;&nbsp;Loan Origination Company |
| &nbsp;&nbsp;Loan Origination Company NMLS |
| &nbsp;&nbsp;Loan Program |
| &nbsp;&nbsp;Loan Purpose |
| &nbsp;&nbsp;Loan Type |
| &nbsp;&nbsp;Maturity Date |
| &nbsp;&nbsp;MIN No |
| &nbsp;&nbsp;Monthly Property Tax Amount |
| &nbsp;&nbsp;Mortgage Insurance Flag |
| &nbsp;&nbsp;Negative Amortization Flag |
| &nbsp;&nbsp;Note Date |
| &nbsp;&nbsp;Note Type |
| &nbsp;&nbsp;Number of Borrowers |
| &nbsp;&nbsp;Number of Mortgaged Properties |
| &nbsp;&nbsp;Number of Units |
| &nbsp;&nbsp;Occupancy |
| &nbsp;&nbsp;Origination Foreclosure Flag |
| &nbsp;&nbsp;Originator Doc Type |
| &nbsp;&nbsp;Originator QM Status |
| &nbsp;&nbsp;Payment Frequency |
| &nbsp;&nbsp;Prepayment Penalty Flag |
| &nbsp;&nbsp;Prepayment Penalty Total Term |
| &nbsp;&nbsp;Primary Appraisal Date |
| &nbsp;&nbsp;Primary Appraisal Type |
| &nbsp;&nbsp;Primary Appraised Property Value |
| &nbsp;&nbsp;Property Address |
| &nbsp;&nbsp;Property City |
| &nbsp;&nbsp;Property County |
| &nbsp;&nbsp;Property Rights |
| &nbsp;&nbsp;Property State |
| &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;Property Value |
| &nbsp;&nbsp;Property Zip Code |
| &nbsp;&nbsp;Qualifying Amortization Term |
| &nbsp;&nbsp;Qualifying CLTV |
| &nbsp;&nbsp;Qualifying FICO |
| &nbsp;&nbsp;Qualifying Housing Debt Income Ratio |
| &nbsp;&nbsp;Qualifying LTV |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio |
| &nbsp;&nbsp;Qualifying Total Housing Expense PITIA |
| &nbsp;&nbsp;Qualifying Total Reserves Number of Months |
| &nbsp;&nbsp;Refinance Type |
| &nbsp;&nbsp;Sales Price |
| &nbsp;&nbsp;Seller Loan ID |

---

PRPM 2025-NQM4 Due Diligence Narrative Report – PagE \| 5

![](ex99-4_001.jpg)

---

| |
|:---|
| &nbsp;&nbsp;Term |
| &nbsp;&nbsp;Total Qualified Assets Available For Reserves |
| &nbsp;&nbsp;Total Qualifying Income |
| &nbsp;&nbsp;ULI |
| &nbsp;&nbsp;Vested Business Entity Name |

---

**CREDIT UNDERWRITING**

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

&nbsp;&nbsp;&nbsp;&nbsp;· **Loan Attributes** 

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

- Assets and Reserves

- Gross Income

- Lien Position

- Loan Purpose

- Housing History

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

- Monthly Debt

- Occupancy

- Property Type

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

- Debt to Income Ratio (DTI)

- Residual Income

- Debt Service Coverage Ratio (DSCR)

&nbsp;&nbsp;&nbsp;&nbsp;· **Credit Application** 

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

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

- Borrower(s) employment history

- Citizenship and eligibility

- First time home buyer status

- The application was signed by all borrowers

- The application was substantially complete

&nbsp;&nbsp;&nbsp;&nbsp;· **Credit History** 

Clarifii verified the following items:

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

- Bankruptcy and foreclosure seasoning

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

PRPM 2025-NQM4 Due Diligence Narrative Report – PagE \| 6

![](ex99-4_001.jpg)

- Installment and revolving payment history

- Mortgage/Rental payment history

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

- Number of tradelines

- Credit Score(s) and Qualifying Score Methodology

&nbsp;&nbsp;&nbsp;&nbsp;· **Employment and Income** 

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

- Tax returns

- Financial statements

Paystubs

- IRS Form W-2s

- IRS Form 1099

- IRS documents

- Bank statements

- Lease agreements

- Award letters

- Other documentation in loan file

&nbsp;&nbsp;&nbsp;&nbsp;· **Fraud Review** 

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

- Borrower identity

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Social Security inconsistencies

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Borrower name variations

- Occupancy

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Borrower address history

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Subject property ownership history

- Employment

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Mortgage lender/originator

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Loan officer

OFAC

&nbsp;&nbsp;&nbsp;&nbsp;· **Asset Review** 

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

- Verification of deposits (VOD)

PRPM 2025-NQM4 Due Diligence Narrative Report – PagE \| 7

![](ex99-4_001.jpg)

- Depository account statements

- Stock or security account statements

- Gift funds

- Settlements statements

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

- Other documentation in loan file

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

&nbsp;&nbsp;&nbsp;&nbsp;· **Property Insurance and Taxes** 

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;· **Debt Service Coverage Ratio (DSCR)** 

- Calculated DSCR, as required by guidelines

- Confirmed documentation requirements have been met

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

**DOCUMENT REVIEW**

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

&nbsp;&nbsp;&nbsp;&nbsp;· **Initial and Final 1003 Application** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Note** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Mortgage/Deed of Trust** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Appraisal** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Sales Contract** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Title Commitment/Policy** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Junior Lien/Subordination Agreement** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Mortgage Insurance** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Underwriting Approval Documentation inclusive, but not limited to documents listed in the Credit Review section** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Flood Certification** 

PRPM 2025-NQM4 Due Diligence Narrative Report – PagE \| 8

![](ex99-4_001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;· **Initial and Final Loan Estimate (LE)** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Initial and Final and Closing Disclosure (CD)** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Post-Consummation Closing Disclosure (PCCD), as applicable** 

**COMPLIANCE REVIEW**

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;· **Compliance Documentation Requirements** 

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

- Initial and final application (1003)

- Note, including all addendums

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

- Mortgage / Deed of Trust, including all riders

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

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

- Notice of Right to Cancel (when applicable)

- Rate Lock Date

- HOEPA Disclosures (when applicable)

- Initial Escrow Account Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;· **Anti-Predatory Lending (Assignee Liability)** 

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

PRPM 2025-NQM4 Due Diligence Narrative Report – PagE \| 9

![](ex99-4_001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;· **Compliance Testing of Truth-in-Lending Act (TILA)/Regulation Z Elements** 

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

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

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

**Right of Rescission** 

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

**Qualified Mortgage and Ability to Repay**

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

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

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

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

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

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

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

**Miscellaneous Compliance Testing**

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;· **State and Local Anti-Predatory Requirements** 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;· **Business Purpose Loan Compliance Review** 

- Non-Owner Occupied Declaration Disclosure

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

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

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

- Review Note accuracy and properly executed

- Review Mortgage and applicable riders for accuracy and properly executed

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

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

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

- Right to Receive Copy of Appraisal or Appraisal Waiver Disclosure

- Letter of Explanation detailing the use of proceeds.

- Borrower's statement of purpose for the loan.

- State License requirements when applicable

- State Predatory lending and high cost when applicable

**QUALIFIED MORTGAGE (QM)**

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

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

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

**ABILITY TO REPAY (ATR)**

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

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

 

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

Clarifii's review was based on information contained in the loan file at the time it was provided for review.

All loans in the population reviewed by Clarifii were investment properties and were found to not be ATR/QM applicable.

**VALUATION REVIEW**

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

&nbsp;&nbsp;&nbsp;&nbsp;· **Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA)** 

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

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&nbsp;&nbsp;&nbsp;&nbsp;· **Uniform Standards of Professional Appraisal Practice (USPAP)** 

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

**INDEPENDENT THIRD-PARTY VALUES**

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

**Valuation Reconciliation Process:**

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

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

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

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

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

**VALUATION RESULTS SUMMARY**

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

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Valuation Product** | &nbsp;&nbsp;**# of Files –<br> No Hit** | &nbsp;&nbsp;**# of Files > -10% <br> Variance to OA or<br> Confidence < 80%** | &nbsp;&nbsp;**Number of Files <br> within -10% of OA or<br> Acceptable UCDP Risk<br> Score** |
| &nbsp;&nbsp;AVM | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;BPO | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;LCA or CU Score <=2.5 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;21 |
| &nbsp;&nbsp;Desk Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;23 |
| &nbsp;&nbsp;Field Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Second Full Appraisal | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 |

---

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**DUE DILIGENCE GRADING CRITERIA** 

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

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

**Final Event Grade**

---

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

---

**Credit Event Grade**

---

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

---

**Valuation Event Grade**

---

| | |
|:---|:---|
| **A** | The value is supported within 10% of the original appraisal by supporting documents (CDA, Field Review or Second Appraisal). The appraisal was performed on an "as-is" basis and the property is complete and habitable at origination. The appraiser was appropriately licensed and used Government-Sponsored Enterprise (GSE) approved forms. |
| **B** | The value is not supported within 10% of the original appraisal by supporting documents and there are no other valuation support documents provided. The valuation methodology substantially meets the published guidelines, but reasonable compensating factors were considered and documented for exceeding guidelines. The appraisal was performed on an "as-is" basis and the property is complete and habitable. The appraiser was appropriately licensed and used GSE approved forms. |

---

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**C** The value is not supported within 10% of the original appraisal. The valuation methodology did not meet the published guidelines and there were not sufficient compensating factors for exceeding published guidelines. The property is in below "average" condition, or the property is not complete or requires significant repairs. The appraisal was not performed on an "as is" basis. The appraiser was not appropriately licensed or did not use GSE approved forms.

**D** The file was missing the appraisal or there was not sufficient valuation documentation to perform a review.

**Compliance Event Grade** 

---

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

---

**CLARIFII DUE DILIGENCE RESULTS**

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

**Final Overall Loan Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall Review Results** | &nbsp;&nbsp;**Overall Review Results** | &nbsp;&nbsp;**Overall Review Results** |
| &nbsp;&nbsp;**Overall** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;37 | &nbsp;&nbsp;75.51% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;12 | &nbsp;&nbsp;24.49% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**49** | &nbsp;&nbsp;**100.00%** |

---

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

**Final Credit Component Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Final Credit Grade Summary** | &nbsp;&nbsp;**Final Credit Grade Summary** | &nbsp;&nbsp;**Final Credit Grade Summary** |
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;38 | &nbsp;&nbsp;77.55% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;11 | &nbsp;&nbsp;22.45% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**49** | &nbsp;&nbsp;**100.00%** |

---

**Final Property Valuation Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Final Property Grade Summary** | &nbsp;&nbsp;**Final Property Grade Summary** | &nbsp;&nbsp;**Final Property Grade Summary** |
| &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;49 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**49** | &nbsp;&nbsp;**100.00%** |

---

**Final Regulatory Compliance Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Final Compliance Grade Summary** | &nbsp;&nbsp;**Final Compliance Grade Summary** | &nbsp;&nbsp;**Final Compliance Grade Summary** |
| &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;47 | &nbsp;&nbsp;95.92% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;2 | &nbsp;&nbsp;4.08% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**49** | &nbsp;&nbsp;**100.00%** |

---

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**ADDITIONAL LOAN SUMMARY DETAILS**

**Amortization Type**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;49 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$21630002.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**49** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$21630002.00** |

---

**Occupancy**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Primary Residence | &nbsp;&nbsp;14 | &nbsp;&nbsp;28.57% | &nbsp;&nbsp;$9937082.00 |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;1 | &nbsp;&nbsp;2.04% | &nbsp;&nbsp;$432000.00 |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;34 | &nbsp;&nbsp;69.39% | &nbsp;&nbsp;$11260920.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**49** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$21630002.00** |

---

**Loan Purpose**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Refinance | &nbsp;&nbsp;34 | &nbsp;&nbsp;69.39% | &nbsp;&nbsp;$14660190.00 |
| &nbsp;&nbsp;Purchase | &nbsp;&nbsp;15 | &nbsp;&nbsp;30.61% | &nbsp;&nbsp;$6969812.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**49** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$21630002.00** |

---

**Lien Position**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;49 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$21630002.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**49** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$21630002.00** |

---

**Original Term**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;480 | &nbsp;&nbsp;2 | &nbsp;&nbsp;4.08% | &nbsp;&nbsp;$507700.00 |
| &nbsp;&nbsp;360 | &nbsp;&nbsp;47 | &nbsp;&nbsp;95.92% | &nbsp;&nbsp;$21122302.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**49** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$21630002.00** |

---

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**DATA COMPARE RESULTS**

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

**Summary of Data Compare Results**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Data Comparison Fields** | &nbsp;&nbsp;**Loans With<br> Discrepancy** | &nbsp;&nbsp;**Total<br> Times<br> Compared** | &nbsp;&nbsp;**Accuracy<br> %** |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;20 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Amount of Other Lien | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Application Date | &nbsp;&nbsp;4 | &nbsp;&nbsp;22 | &nbsp;&nbsp;81.82% |
| &nbsp;&nbsp;Borrower 1 Any Outstanding Judgments? | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Any part of down payment borrowed? | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Bankruptcy in past 7 years? | &nbsp;&nbsp;0 | &nbsp;&nbsp;11 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Birthdate | &nbsp;&nbsp;0 | &nbsp;&nbsp;22 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Citizen | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Country Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Credit Report Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;5 | &nbsp;&nbsp;80.00% |
| &nbsp;&nbsp;Borrower 1 Do you intend to occupy property as primary residence? | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Email or Internet | &nbsp;&nbsp;0 | &nbsp;&nbsp;17 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Employer 1 Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Employer 1 Years in Line of Work | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity - Not Hispanic or Latino | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity Visual Observation or Surname | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;49 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Foreclosure in past 7 years? | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 FTHB | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Has there been ownership in a property in last 3 yrs | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 How was title held? | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;49 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Marital Status | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Name of Employer1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Originator Citizenship Designation | &nbsp;&nbsp;0 | &nbsp;&nbsp;15 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Phone Number | &nbsp;&nbsp;0 | &nbsp;&nbsp;15 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Qualifying Income | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Race - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Race - White | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |

---

PRPM 2025-NQM4 Due Diligence Narrative Report – PagE \| 20

![](ex99-4_001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Borrower 1 Rent or Own | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Self-Employment Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Sex - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Sex - Male | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 SSN | &nbsp;&nbsp;2 | &nbsp;&nbsp;42 | &nbsp;&nbsp;95.24% |
| &nbsp;&nbsp;Borrower 1 Telephone Interview | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Years in Current Home | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Birthdate | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Citizen | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Do you intend to occupy property as primary residence? | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Employer 1 Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Employer 1 Years in Line of Work | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Ethnicity - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Ethnicity - Not Hispanic or Latino | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Ethnicity Visual Observation or Surname | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Marital Status | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Name of Employer1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Qualifying Income | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Race - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Race - White | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Rent or Own | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Self-Employment Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Sex - Female | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Sex - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 SSN | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Telephone Interview | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Years in Current Home | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Balloon Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;19 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Calculated DSCR | &nbsp;&nbsp;3 | &nbsp;&nbsp;39 | &nbsp;&nbsp;92.31% |
| &nbsp;&nbsp;Cash Disbursement Date | &nbsp;&nbsp;8 | &nbsp;&nbsp;41 | &nbsp;&nbsp;80.49% |
| &nbsp;&nbsp;Cash out Include Debt Paid at Close | &nbsp;&nbsp;1 | &nbsp;&nbsp;14 | &nbsp;&nbsp;92.86% |
| &nbsp;&nbsp;FHA Streamline/VA IRRL Indicator | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;41 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;HOA Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;15 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Initial Monthly P&I Or IO Payment | &nbsp;&nbsp;0 | &nbsp;&nbsp;41 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;38 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Only Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Rate | &nbsp;&nbsp;0 | &nbsp;&nbsp;49 | &nbsp;&nbsp;100.00% |

---

PRPM 2025-NQM4 Due Diligence Narrative Report – PagE \| 21

![](ex99-4_001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Investor Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;48 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Is the Condo Project warrantable | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Lender Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;38 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;34 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;49 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Origination Company | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Origination Company NMLS | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;0 | &nbsp;&nbsp;26 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;49 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;41 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;MIN No | &nbsp;&nbsp;0 | &nbsp;&nbsp;22 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Monthly Property Tax Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Mortgage Insurance Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Negative Amortization Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;13 | &nbsp;&nbsp;22 | &nbsp;&nbsp;40.91% |
| &nbsp;&nbsp;Note Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;23 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Number of Borrowers | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Number of Mortgaged Properties | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Number of Units | &nbsp;&nbsp;3 | &nbsp;&nbsp;46 | &nbsp;&nbsp;93.48% |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;49 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Origination Foreclosure Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Originator Doc Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;19 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Originator QM Status | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Payment Frequency | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Prepayment Penalty Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;18 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Prepayment Penalty Total Term | &nbsp;&nbsp;2 | &nbsp;&nbsp;36 | &nbsp;&nbsp;94.44% |
| &nbsp;&nbsp;Primary Appraisal Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;3 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;Primary Appraisal Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Primary Appraised Property Value | &nbsp;&nbsp;3 | &nbsp;&nbsp;45 | &nbsp;&nbsp;93.33% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;1 | &nbsp;&nbsp;48 | &nbsp;&nbsp;97.92% |
| &nbsp;&nbsp;Property City | &nbsp;&nbsp;0 | &nbsp;&nbsp;48 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property County | &nbsp;&nbsp;0 | &nbsp;&nbsp;25 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Rights | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property State | &nbsp;&nbsp;0 | &nbsp;&nbsp;45 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;13 | &nbsp;&nbsp;46 | &nbsp;&nbsp;71.74% |
| &nbsp;&nbsp;Property Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;0 | &nbsp;&nbsp;48 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying Amortization Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;19 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;38 | &nbsp;&nbsp;97.37% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;0 | &nbsp;&nbsp;40 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying Housing Debt Income Ratio | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 | &nbsp;&nbsp;95.45% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;45 | &nbsp;&nbsp;97.78% |

---

PRPM 2025-NQM4 Due Diligence Narrative Report – PagE \| 22

![](ex99-4_001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;10 | &nbsp;&nbsp;40 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;Qualifying Total Housing Expense PITIA | &nbsp;&nbsp;4 | &nbsp;&nbsp;19 | &nbsp;&nbsp;78.95% |
| &nbsp;&nbsp;Qualifying Total Reserves Number of Months | &nbsp;&nbsp;5 | &nbsp;&nbsp;26 | &nbsp;&nbsp;80.77% |
| &nbsp;&nbsp;Refinance Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;0 | &nbsp;&nbsp;15 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Seller Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;49 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;11 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Total Qualified Assets Available For Reserves | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Total Qualifying Income | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;ULI | &nbsp;&nbsp;0 | &nbsp;&nbsp;19 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Vested Business Entity Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |

---

**CLARIFII THIRD PARTY REPORTS DELIVERED**

Clarifii furnished the following reports on this transaction:

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

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

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

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

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

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

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

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

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

**Disclaimer**

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

 

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

 

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

 

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

 

*The Company does not provide investment, legal, or tax advice, and the Reports may not be construed as such. Reports are issued for the benefit of the entity requesting the Report, only, and may not be used by third parties without the express written consent of the Company and the requesting party. Reports are based on available information and current regulations as of the date of the Report, and the Company disclaims any obligation to update Reports due to a change of fact of regulation which occurs after the date of issuance.*© 2025 Clarifii LLC. All rights reserved.

PRPM 2025-NQM4 Due Diligence Narrative Report – PagE \| 23

## Exhibit 99.4

**Exhibit 99.4 Schedule 1**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Redaction ID** | **Investor Loan ID** | **Lender Application Date** | **Originator QM Status** | **Final QM Status** | **Originator QM Status Difference than Final QM Status?** | **Reason Why NonQM Final Status** | **APR Pricing Threshold Exceeded?** | **QM DTI Threshold Exceeded?** | **Higher Priced Mortgage Loan (HPML)?** | **Negatively Amortizing Loan?** | **Principal Deferment?** | **Interest Only Flag?** | **Prepayment Penalty?** | **Balloon Flag?** | **Adjustable Rate Balloon?** | **Loan Term Less Than 5 Years?** | **QM Points and Fees Threshold Exceeded?** | **QM Total Points and Fees** | **APR** | **ATR: Qualifying Payment Properly Considered?** | **ATR: Current Employment/Self-Employment Verified?** | **ATR: Balloon Qualifying Payment Properly Considered?** | **ATR: Reasonable Income or Assets Considered?** | **ATR: Subject PITIA Adequately Documented?** | **ATR: All Liabilities Including Alimony and Child Support in DTI?** | **ATR: Simultaneous Loan Calculated Properly** | **ATR: Credit History was Considered Properly?** | **ATR: Did Lender Document All ATR Factors?** | **ATR: Was an ATR/QM Residual Income Analysis Provided?** | **Residual Income** | **Residual Income Meets Guidelines?** | **Borrower 1 Employment Indicator** | **Borrower 2 Employment Indicator** | **Borrower 1 Foreign National Indicator** | **Borrower 2 Foreign National Indicator** | **Business Purpose Loan?** | **Business Purpose Verified?** |
| XXXX | 507471 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 507474 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Yes | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 507908 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 507919 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 507936 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 507944 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 509884 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | Yes |  | Yes | Present |
| XXXX | 511549 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 511556 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 511575 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 512263 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 516597 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 55187.65 | Yes | Employed |  | No |  | Yes | Present |
| XXXX | 517529 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 524268 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 529949 | XXXX | 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 | 1590 | 7.444 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 116731.69 | Yes | Not Employed | Employed | No | No | No |  |
| XXXX | 531808 | XXXX | 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 | 1590 | 8.471 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 667193.19 | Yes | Employed |  | No |  | No |  |
| XXXX | 535407 | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | APOR Threshold | Yes | Yes | Yes | No | No | No | No | No | No | No | Yes | 25430 | 10.005 | Yes | Yes | N/A | Yes | Yes | N/A | N/A | Yes | Yes | Yes | 6547.37 | Yes | Employed |  | No |  | No |  |
| XXXX | 537969 | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | QM Points and Fees Exceeded | No | No | Yes | No | No | No | No | No | No | No | Yes | 9616.92 | 9.08 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 31178.29 | N/A | Employed |  | No |  | No |  |
| XXXX | 540228 | XXXX | 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 | 1590 | 7.911 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 153599.94 | Yes | Employed |  | No |  | No |  |
| XXXX | 545659 | XXXX | 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 | 1590 | 7.533 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 10671.96 | Yes | Employed |  | No |  | No |  |
| XXXX | 545749 | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | QM Points and Fees Exceeded | No | Yes | Yes | No | No | No | No | No | No | No | Yes | 5840.23 | 10.262 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 2585.04 | N/A | Employed | Not Employed | No | No | No |  |
| XXXX | 549477 | XXXX | 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 | Yes | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 551382 | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | APOR Threshold | Yes | No | Yes | No | No | No | No | No | No | No | No | 21255 | 9.645 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | 14222.76 | Yes | Employed |  | No |  | No |  |
| XXXX | 553480 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 557294 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Yes | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 559280 | XXXX | 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 | 13851 | 7.824 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | 9060.1 | Yes | Employed |  | No |  | No |  |
| XXXX | 560637 | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | QM Points and Fees Exceeded | No | No | Yes | No | No | No | No | No | No | No | Yes | 9570.63 | 8.438 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 9905.55 | Yes | Employed |  | No |  | No |  |
| XXXX | 563541 | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | QM Points and Fees Exceeded | No | Yes | Yes | No | No | No | No | No | No | No | Yes | 4535.5 | 9.097 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 4127.79 | Yes | Employed | Not Employed | No | No | No |  |
| XXXX | 563545 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Yes | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 564712 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 567383 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | Yes | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | Yes |  | Yes | Present |
| XXXX | 570750 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | Yes |  | Yes | Present |
| XXXX | 570754 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 572888 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 29587.81 | Yes | Employed |  | No |  | Yes | Present |
| XXXX | 576342 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 576343 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 578894 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 580180 | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | APOR Threshold | Yes | No | Yes | No | No | No | No | No | No | No | Yes | 5819 | 9.503 | Yes | Yes | N/A | Yes | Yes | N/A | N/A | Yes | Yes | Yes | 5994.24 | Yes | Employed |  | No |  | No |  |
| XXXX | 581496 | XXXX | 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 |  |  |  |  | No |  | Yes | Present |
| XXXX | 582639 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | Yes |  | Yes | Present |
| XXXX | 583911 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 583912 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 583913 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | Yes |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 8750.3 | Yes | Employed |  | No |  | Yes | Present |
| XXXX | 583914 | XXXX | XXXX | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | No |  | No | Yes | No | No | No | No | No | No | No | No | No | 12768 | 8.1 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | 9863.12 | Yes | Employed |  | No |  | No |  |
| XXXX | 591478 | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Interest Only | No | No | No | No | No | Yes | No | No | No | No | No | 71787.5 | 8.454 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 170922.98 | Yes | Employed |  | No |  | No |  |
| XXXX | 594021 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 598871 | XXXX | 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 | 14098.9 | 8.075 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 13888.52 | N/A | Employed | Employed | No | No | No |  |
| XXXX | 598873 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | Yes | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| XXXX | 612551 | XXXX | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Yes | N/A | N/A |  |  |  |  | No | No | Yes | Present |

---

## Exhibit 99.4

**Exhibit 99.4 Schedule 2**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Redaction ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | 507474 | XXXX | XXXX | Note Date | notePage | XXXX | XXXX | Per Note. |
| XXXX | 507908 | XXXX | XXXX | Note Date | notePage | XXXX | XXXX | per Note |
| XXXX | 507908 | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 385.30 | DSCR |
| XXXX | 507919 | XXXX | XXXX | Note Date | notePage | XXXX | XXXX | Per Note |
| XXXX | 507919 | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 498.79 | DSCR DTI is N/A |
| XXXX | 507936 | XXXX | XXXX | Note Date | notePage | XXXX | XXXX | Per Note |
| XXXX | 507936 | XXXX | XXXX | Property Type | propertyValuationPage | Townhouse | Attached | Per Appraisal |
| XXXX | 507936 | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 1174.66 | DSCR loan no DTI |
| XXXX | 507944 | XXXX | XXXX | Note Date | notePage | XXXX | XXXX | Per Note |
| XXXX | 507944 | XXXX | XXXX | Property Type | propertyValuationPage | Townhouse | Attached | Per appraisal |
| XXXX | 507944 | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 616.94 | DSCR no DTI |
| XXXX | 509884 | XXXX | XXXX | Prepayment Penalty Total Term | notePage | XXXX | XXXX | Per Note |
| XXXX | 509884 | XXXX | XXXX | Cash Disbursement Date | closingDetailsNonCompliancePage | XXXX | XXXX | Per Settlement Statement |
| XXXX | 509884 | XXXX | XXXX | Property Type | propertyValuationPage | Townhouse | PUD | per appraisal |
| XXXX | 511549 | XXXX | XXXX | Note Date | notePage | XXXX | XXXX | Per Note |
| XXXX | 511549 | XXXX | XXXX | Property Type | propertyValuationPage | Townhouse | Attached | Per appraisal |
| XXXX | 511549 | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 690.79 | DSCR loan DTI does not apply |
| XXXX | 511556 | XXXX | XXXX | Note Date | notePage | XXXX | XXXX | Per Note |
| XXXX | 511556 | XXXX | XXXX | Property Type | propertyValuationPage | Townhouse | Attached | Per appraisal |
| XXXX | 511556 | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 353.30 | Per loan approval DTI N/A for DSCR |
| XXXX | 511575 | XXXX | XXXX | Note Date | notePage | XXXX | XXXX | per note |
| XXXX | 511575 | XXXX | XXXX | Property Type | propertyValuationPage | Townhouse | Attached | Per appraisal |
| XXXX | 511575 | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 446.50 | Per approval DSCR loan no DTI |
| XXXX | 512263 | XXXX | XXXX | Note Date | notePage | XXXX | XXXX | Per Note |
| XXXX | 512263 | XXXX | XXXX | Application Date | complianceDetailPage | XXXX | XXXX | Per initial 1003 |
| XXXX | 512263 | XXXX | XXXX | Number of Units | propertyValuationPage | 5 | 4 | Per Appraisal |
| XXXX | 512263 | XXXX | XXXX | Qualifying CLTV | propertyValuationPage | 64.35 | 64.36 | Per Appraisal |
| XXXX | 512263 | XXXX | XXXX | Qualifying LTV | propertyValuationPage | 64.35 | 64.36 | Per Appraisal |
| XXXX | 512263 | XXXX | XXXX | Property Type | propertyValuationPage | 5-10 Unit Multi-Family | Single Family Detached | Per Appraisal |
| XXXX | 512263 | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 5388.87 | DSCR |
| XXXX | 517529 | XXXX | XXXX | Note Date | notePage | XXXX | XXXX | Per Note in File |
| XXXX | 517529 | XXXX | XXXX | Number of Units | propertyValuationPage | 5 | 4 | Per Appraisal |
| XXXX | 517529 | XXXX | XXXX | Cash Disbursement Date | closingDetailsNonCompliancePage | XXXX | XXXX | Per Final CD |
| XXXX | 517529 | XXXX | XXXX | Property Type | propertyValuationPage | 5-10 Unit Multi-Family | Attached | Per Appraisal |
| XXXX | 517529 | XXXX | XXXX | Primary Appraised Property Value | propertyValuationPage | XXXX | XXXX | Lender used lower value |
| XXXX | 524268 | XXXX | XXXX | Note Date | notePage | XXXX | 01/xx/2025 | Per note |
| XXXX | 524268 | XXXX | XXXX | Number of Units | propertyValuationPage | 5 | 4 | Per appraisal |
| XXXX | 524268 | XXXX | XXXX | Cash Disbursement Date | closingDetailsNonCompliancePage | XXXX | XXXX | Per CD provided |
| XXXX | 524268 | XXXX | XXXX | Primary Appraised Property Value | propertyValuationPage | XXXX | XXXX | Per appraisal |
| XXXX | 524268 | XXXX | XXXX | Property Type | propertyValuationPage | 5-10 Unit Multi-Family | Single Family Detached | per appraisal |
| XXXX | 524268 | XXXX | XXXX | Calculated DSCR | diligenceFinalLookPage | 1.814 | 1.72 | Lender did not provide DSCR worksheet |
| XXXX | 535407 | XXXX | XXXX | Note Date | notePage | XXXX | XXXX | Per Note |
| XXXX | 549477 | XXXX | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | per appraisal |
| XXXX | 551382 | XXXX | XXXX | Application Date | complianceDetailPage | XXXX | XXXX | per application |
| XXXX | 551382 | XXXX | XXXX | Primary Appraisal Date | propertyValuationPage | XXXX | XXXX | per appraisal |
| XXXX | 559280 | XXXX | XXXX | Application Date | complianceDetailPage | XXXX | XXXX | Per 1003 |
| XXXX | 560637 | XXXX | XXXX | Property Address | notePage | XXXX | XXXX | Per Note |
| XXXX | 560637 | XXXX | XXXX | Application Date | complianceDetailPage | XXXX | XXXX | Per 1003 |
| XXXX | 563541 | XXXX | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | Lender did not include HOA fees |
| XXXX | 563545 | XXXX | XXXX | Borrower 1 SSN | the1003Page | XXXX | XXXX | Per credit report |
| XXXX | 563545 | XXXX | XXXX | Qualifying Total Reserves Number of Months | assetPage | XXXX | XXXX | Per verified assets |
| XXXX | 564712 | XXXX | XXXX | Cash Disbursement Date | closingDetailsNonCompliancePage | XXXX | XXXX | per cd |
| XXXX | 567383 | XXXX | XXXX | Prepayment Penalty Total Term | notePage | XXXX | XXXX | Per Note |
| XXXX | 567383 | XXXX | XXXX | Property Type | propertyValuationPage | Townhouse | PUD | Per appraisal |
| XXXX | 570750 | XXXX | XXXX | Borrower 1 SSN | the1003Page | XXXX | XXXX | per 1003 |
| XXXX | 570750 | XXXX | XXXX | Cash out Include Debt Paid at Close | closingDetailsNonCompliancePage | XXXX | XXXX | per Settlement Statement |
| XXXX | 570750 | XXXX | XXXX | Cash Disbursement Date | closingDetailsNonCompliancePage | XXXX | XXXX | per Settlement Statement |
| XXXX | 570750 | XXXX | XXXX | Qualifying Total Reserves Number of Months | assetPage | 74.33 | 74.00 | From cash out proceeds |
| XXXX | 570754 | XXXX | XXXX | Property Type | propertyValuationPage | PUD | Single Family Detached | per appraisal report |
| XXXX | 570754 | XXXX | XXXX | Qualifying Total Reserves Number of Months | assetPage | XXXX | XXXX | from verified assets |
| XXXX | 570754 | XXXX | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | Lender did not include HOA |
| XXXX | 572888 | XXXX | XXXX | Cash Disbursement Date | closingDetailsNonCompliancePage | XXXX | XXXX | Per Settlement Statement |
| XXXX | 576342 | XXXX | XXXX | Calculated DSCR | diligenceFinalLookPage | 2.782 | 2.92 | Rent/PITI; Lender used lower rent. |
| XXXX | 576343 | XXXX | XXXX | Cash Disbursement Date | closingDetailsNonCompliancePage | XXXX | XXXX | Per note date - investment property |
| XXXX | 580180 | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 37.18 | 39.32 | Audit matches with Lender Calculation |
| XXXX | 582639 | XXXX | XXXX | Property Type | propertyValuationPage | Townhouse | Attached | Per appraisal |
| XXXX | 582639 | XXXX | XXXX | Qualifying Total Reserves Number of Months | assetPage | 237.01 | 179.00 | Per asset documentation |
| XXXX | 583913 | XXXX | XXXX | Cash Disbursement Date | closingDetailsNonCompliancePage | XXXX | XXXX | Per Final Settlement Stmt |
| XXXX | 583913 | XXXX | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | Lender did not include HOA |
| XXXX | 583913 | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 52.24 | 36.60 | Variance due to lender not including simul. property refi. |
| XXXX | 583913 | XXXX | XXXX | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 32.82 | 23.36 | Lender 1008 not provided |
| XXXX | 583914 | XXXX | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | Lender did not included HOA |
| XXXX | 591478 | XXXX | XXXX | Note Date | notePage | XXXX | XXXX | per note |
| XXXX | 612551 | XXXX | XXXX | Qualifying Total Reserves Number of Months | assetPage | 0.85 | 1.00 | Per assets in file |
| XXXX | 612551 | XXXX | XXXX | Primary Appraised Property Value | propertyValuationPage | XXXX | XXXX | Per Appraisal |
| XXXX | 612551 | XXXX | XXXX | B1 Credit Report Date | creditLiabilitiesPage | XXXX | XXXX | Per credit report |
| XXXX | 612551 | XXXX | XXXX | Calculated DSCR | diligenceFinalLookPage | 1.091 | 1.3641 | Variance due to Lender not reducing STR by 20% |

---

## Exhibit 99.4

**Exhibit 99.4 Schedule 3**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Redaction ID** | **Investor Loan ID** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** | **Unique Finding ID** |
| XXXX | 507471 | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other |  |  |  |
| XXXX | 507474 | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated |  |  |  |
| XXXX | 507908 | XXXX C B A | Closed | FCRE0073 | 2025-01-30 09:08 | 2025-08-20 08:57 | Waived | 2 - Non-Material C B | Credit | Eligibility | Lease Hold Expires before the Maturity | Waived-Originator provided a waiver for lease hold, applied to non material finding with comp factors - 760 FICO > 700 minimum required, 250.69 months reserves > 3 - Due Diligence Vendor-08/20/2025 <br>Ready for Review-Document Uploaded. Please see attached Atty Opinion Letter which supports that the Lease can be renewed forever and the term is indefinite - Seller-02/07/2025 <br>Open-Lease Hold Expires before the Maturity. - Due Diligence Vendor-01/30/2025 | Ready for Review-Document Uploaded. Please see attached Atty Opinion Letter which supports that the Lease can be renewed forever and the term is indefinite - Seller-02/07/2025<br>| Waived-Originator provided a waiver for lease hold, applied to non material finding with comp factors - 760 FICO > 700 minimum required, 250.69 months reserves > 3 - Due Diligence Vendor-08/20/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Min FICO 700- Borrower's FICO 760<br>DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR 1.74> .85 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | N/A | 3315126 |
| XXXX | 507908 | XXXX C B A | Closed | FCRE8201 | 2025-01-30 10:06 | 2025-02-11 18:10 | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Upon further review, borrower signed the Note as an individual. - Due Diligence Vendor-02/11/2025 <br> Counter-Please provide a lender approved exception. - Due Diligence Vendor-02/10/2025 <br> Ready for Review-Document Uploaded. Please see attached document which was executed by the members of XXXX. We note that the document was executed to allow XXXX to execute all documents pertaining to the Financing of this loan. <br> We also Note that the guideline referenced, 2.17 Ineligible Borrowers - Business Entities whose members includes other LLCs, Corporations, Partnerships or Trust, pertains to the Borrower themselves. We point out that our borrower is XXXX. Although the property is being vested in the name of the LLC, our borrower is XXXX as an individual; therefore, the referenced guideline would not apply. We ask this condition please be cleared.<br> - Seller-02/07/2025 <br> Open-Provide an exception for Business Entities whose members includes other LLCs, Corporations, Partnerships or Trust, as this loan does not meet guidelines. - Due Diligence Vendor-01/30/2025 | Ready for Review-Document Uploaded. Please see attached document which was executed by the members of XXXX. We note that the document was executed to allow XXXX to execute all documents pertaining to the Financing of this loan. <br> We also Note that the guideline referenced, 2.17 Ineligible Borrowers - Business Entities whose members includes other LLCs, Corporations, Partnerships or Trust, pertains to the Borrower themselves. We point out that our borrower is XXXX, not XXXX. Although the property is being vested in the name of the LLC, our borrower is XXXX as an individual; therefore, the referenced guideline would not apply. We ask this condition please be cleared.<br> - Seller-02/07/2025 | Resolved-Upon further review, borrower signed the Note as an individual. - Due Diligence Vendor-02/11/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Min FICO 700- Borrower's FICO 760<br>DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR 1.74> .85 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3315808 |
| XXXX | 507919 | XXXX C A | Closed | FCRE8201 | 2025-01-30 12:07 | 2025-02-11 18:08 | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Borrower signed the Note as an individual. - Due Diligence Vendor-02/11/2025 <br> Ready for Review-Document Uploaded. Please see attached document which was executed by the members of XXXX. We note that the document was executed to allow XXXX to execute all documents pertaining to the Financing of this loan. <br> We also Note that the guideline referenced, 2.17 Ineligible Borrowers - Business Entities whose members includes other LLCs, Corporations, Partnerships or Trust, pertains to the Borrower themselves. We point out that our borrower is XXXX. Although the property is being vested in the name of the LLC, our borrower is XXXX as an individual; therefore, the referenced guideline would not apply. We ask this condition please be cleared.<br> - Seller-02/07/2025 <br> Open-B1 is vesting in the name of an LLC. The LLC is owned by B1 and another LLC. Per lender guidelines section 4.4 Ineligible Borrowers - Trusts or business entities whose members include other LLCs, Corporations, Partnerships, or Trusts are ineligible. - Due Diligence Vendor-01/31/2025 | Ready for Review-Document Uploaded. Please see attached document which was executed by the members of XXXX. We note that the document was executed to allow XXXX to execute all documents pertaining to the Financing of this loan. <br> We also Note that the guideline referenced, 2.17 Ineligible Borrowers - Business Entities whose members includes other LLCs, Corporations, Partnerships or Trust, pertains to the Borrower themselves. We point out that our borrower is XXXX, not XXXX. Although the property is being vested in the name of the LLC, our borrower is XXXX as an individual; therefore, the referenced guideline would not apply. We ask this condition please be cleared.<br> - Seller-02/07/2025 | Resolved-Borrower signed the Note as an individual. - Due Diligence Vendor-02/11/2025<br>| DSCR % greater than 1.20 - DSCR = 1.54<br>Qualifying FICO score is at least 20 points above minimum for program - Min FICO 700-- Borrower's FICO 760 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3317735 |
| XXXX | 507936 | XXXX C A | Closed | FCRE8201 | 2025-01-30 13:59 | 2025-02-12 15:51 | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Borrower signed individually; therefore, the vesting section would not apply. - Due Diligence Vendor-02/12/2025 <br> Ready for Review-Document Uploaded. Please see attached document which was executed by the members of XXXX. We note that the document was executed to allow XXXX to execute all documents pertaining to the Financing of this loan. <br> We also Note that the guideline referenced, 2.17 Ineligible Borrowers - Business Entities whose members includes other LLCs, Corporations, Partnerships or Trust, pertains to the Borrower themselves. We point out that our borrower is XXXX, not XXXX. Although the property is being vested in the name of the LLC, our borrower is XXXX as an individual; therefore, the referenced guideline would not apply. We ask this condition please be cleared.<br> - Seller-02/07/2025 <br> Open-B1 is vesting in the name of an LLC. The LLC is owned by B1 and another LLC. Per lender guidelines section 4.4 Ineligible Borrowers - Trusts or business entities whose members include other LLCs, Corporations, Partnerships, or Trusts are ineligible. - Due Diligence Vendor-01/31/2025 | Ready for Review-Document Uploaded. Please see attached document which was executed by the members of XXXX. We note that the document was executed to allow XXXX to execute all documents pertaining to the Financing of this loan. <br> We also Note that the guideline referenced, 2.17 Ineligible Borrowers - Business Entities whose members includes other LLCs, Corporations, Partnerships or Trust, pertains to the Borrower themselves. We point out that our borrower is XXXX, not XXXX. Although the property is being vested in the name of the LLC, our borrower is XXXX as an individual; therefore, the referenced guideline would not apply. We ask this condition please be cleared.<br> - Seller-02/07/2025 | Resolved-Borrower signed individually; therefore, the vesting section would not apply. - Due Diligence Vendor-02/12/2025<br>| DSCR % greater than 1.20 - DSCR = 1.279<br>Qualifying FICO score is at least 20 points above minimum for program - Min FICO 700- Borrower's FICO is 760 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3319455 |
| XXXX | 507944 | XXXX C A | Closed | FCRE8201 | 2025-01-30 15:44 | 2025-02-11 18:07 | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Borrower signed the Note as an individual. - Due Diligence Vendor-02/11/2025 <br> Ready for Review-Document Uploaded. Please see attached document which was executed by the members of XXXX. We note that the document was executed to allow XXXX to execute all documents pertaining to the Financing of this loan. <br> We also Note that the guideline referenced, 2.17 Ineligible Borrowers - Business Entities whose members includes other LLCs, Corporations, Partnerships or Trust, pertains to the Borrower themselves. We point out that our borrower is XXXX. Although the property is being vested in the name of the LLC, our borrower is XXXX as an individual; therefore, the referenced guideline would not apply. We ask this condition please be cleared.<br> - Seller-02/07/2025 <br> Open-B1 is vesting in the name of an LLC. The LLC is owned by B1 and another LLC. Per lender guidelines section 4.4 Ineligible Borrowers - Trusts or business entities whose members include other LLCs, Corporations, Partnerships, or Trusts are ineligible. - Due Diligence Vendor-01/31/2025 | Ready for Review-Document Uploaded. Please see attached document which was executed by the members of XXXX. We note that the document was executed to allow XXXX to execute all documents pertaining to the Financing of this loan. <br> We also Note that the guideline referenced, 2.17 Ineligible Borrowers - Business Entities whose members includes other LLCs, Corporations, Partnerships or Trust, pertains to the Borrower themselves. We point out that our borrower is XXXX not XXXX. Although the property is being vested in the name of the LLC, our borrower is XXXX as an individual; therefore, the referenced guideline would not apply. We ask this condition please be cleared.<br> - Seller-02/07/2025 | Resolved-Borrower signed the Note as an individual. - Due Diligence Vendor-02/11/2025<br>| DSCR % greater than 1.20 - DSCR = 1.561<br>Qualifying FICO score is at least 20 points above minimum for program - Min FICO 700- Borrower's FICO 760 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3321014 |
| XXXX | 509884 | XXXX C A | Closed | FPRO0011 | 2025-01-31 15:13 | 2025-02-04 11:27 | Resolved | 1 - Information C A | Property | Property | FEMA disaster declared INDIVIDUAL | Resolved-Upon further review, the originators guidelines do not require the Appraiser to comment. - Due Diligence Vendor-02/04/2025 <br> Ready for Review-Document Uploaded. HI<br>The hurricane was from XXXX to XXXX. Ended on XXXX - The appraisal was completed XXXX and shows no damage - no comment is required by appraiser.<br> - Seller-02/03/2025 <br> Open-XXXX (XXXX)<br> Incident Period: XXXX - XXXX INDIVIDUAL<br> No comment was noted on the Appraisal - Due Diligence Vendor-01/31/2025 | Ready for Review-Document Uploaded. HI<br>The hurricane was from XXXX - The appraisal was completed XXXX and shows no damage - no comment is required by appraiser.<br> - Seller-02/03/2025 | Resolved-Upon further review, the originators guidelines do not require the Appraiser to comment. - Due Diligence Vendor-02/04/2025<br>| Long term residence - 10 years at current residence<br>Months Reserves exceed minimum required - 11.17 months reserved; 6 months reserves required |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 3329539 |
| XXXX | 511549 | XXXX C A | Closed | FCRE8201 | 2025-02-03 14:00 | 2025-02-11 18:11 | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-The borrower signed the Note as an Individual. - Due Diligence Vendor-02/11/2025 <br> Ready for Review-Document Uploaded. Please see attached document which was executed by the members of XXXX. We note that the document was executed to allow XXXX to execute all documents pertaining to the Financing of this loan. <br> We also Note that the guideline referenced, 2.17 Ineligible Borrowers - Business Entities whose members includes other LLCs, Corporations, Partnerships or Trust, pertains to the Borrower themselves. We point out that our borrower is XXXX. Although the property is being vested in the name of the LLC, our borrower is XXXX as an individual; therefore, the referenced guideline would not apply. We ask this condition please be cleared.<br> - Seller-02/07/2025 <br> Open-B1 is vesting in the name of an LLC. The LLC is owned by B1 and another LLC. Per lender guidelines section 4.4 Ineligible Borrowers - Trusts or business entities whose members include other LLCs, Corporations, Partnerships, or Trusts are ineligible. - Due Diligence Vendor-02/03/2025 | Ready for Review-Document Uploaded. Please see attached document which was executed by the members of XXXX. We note that the document was executed to allow xx LLC to execute all documents pertaining to the Financing of this loan. <br> We also Note that the guideline referenced, 2.17 Ineligible Borrowers - Business Entities whose members includes other LLCs, Corporations, Partnerships or Trust, pertains to the Borrower themselves. We point out that our borrower is XXXX, not XXXX. Although the property is being vested in the name of the LLC, our borrower is XXXX as an individual; therefore, the referenced guideline would not apply. We ask this condition please be cleared.<br> - Seller-02/07/2025 | Resolved-The borrower signed the Note as an Individual. - Due Diligence Vendor-02/11/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Min FICO 700- Borrower's FICO 760<br>DSCR % greater than 1.20 - DSCR = 1.386 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3338486 |
| XXXX | 511556 | XXXX C A | Closed | FCRE8201 | 2025-02-04 08:21 | 2025-02-11 18:13 | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Borrower signed the Note as an individual. - Due Diligence Vendor-02/11/2025 <br> Ready for Review-Document Uploaded. Please see attached document which was executed by the members of XXXX. We note that the document was executed to allowXXXX to execute all documents pertaining to the Financing of this loan. <br> We also Note that the guideline referenced, 2.17 Ineligible Borrowers - Business Entities whose members includes other LLCs, Corporations, Partnerships or Trust, pertains to the Borrower themselves. We point out that our borrower is XXXX, not XXXX. Although the property is being vested in the name of the LLC, our borrower is XXXX as an individual; therefore, the referenced guideline would not apply. We ask this condition please be cleared.<br> - Seller-02/07/2025 <br> Open-B1 is vesting in the name of an LLC. The LLC is owned by B1 and another LLC. Per lender guidelines section 4.4 Ineligible Borrowers - Trusts or business entities whose members include other LLCs, Corporations, Partnerships, or Trusts are ineligible. - Due Diligence Vendor-02/04/2025 | Ready for Review-Document Uploaded. Please see attached document which was executed by the members of XXXX. We note that the document was executed to allow XXXX to execute all documents pertaining to the Financing of this loan. <br> We also Note that the guideline referenced, 2.17 Ineligible Borrowers - Business Entities whose members includes other LLCs, Corporations, Partnerships or Trust, pertains to the Borrower themselves. We point out that our borrower is XXXX, not XXXX. Although the property is being vested in the name of the LLC, our borrower is XXXX as an individual; therefore, the referenced guideline would not apply. We ask this condition please be cleared.<br> - Seller-02/07/2025 | Resolved-Borrower signed the Note as an individual. - Due Diligence Vendor-02/11/2025<br>| DSCR % greater than 1.20 - DSCR = 1.664<br>Qualifying FICO score is at least 20 points above minimum for program - Min FICO 700- Borrower's FICO 760 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3343918 |
| XXXX | 511575 | XXXX C A | Closed | FCRE8201 | 2025-02-03 16:09 | 2025-02-11 18:12 | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Borrower signed the Note as an individual. - Due Diligence Vendor-02/11/2025 <br> Ready for Review-Document Uploaded. Please see attached document which was executed by the members of XXXX. We note that the document was executed to allow XXXX to execute all documents pertaining to the Financing of this loan. <br> We also Note that the guideline referenced, 2.17 Ineligible Borrowers - Business Entities whose members includes other LLCs, Corporations, Partnerships or Trust, pertains to the Borrower themselves. We point out that our borrower is XXXX. Although the property is being vested in the name of the LLC, our borrower is XXXX as an individual; therefore, the referenced guideline would not apply. We ask this condition please be cleared.<br> - Seller-02/07/2025 <br> Open-B1 is vesting in the name of an LLC. The LLC is owned by B1 and another LLC. Per lender guidelines section 4.4 Ineligible Borrowers - Trusts or business entities whose members include other LLCs, Corporations, Partnerships, or Trusts are ineligible.<br>- Due Diligence Vendor-02/03/2025 | Ready for Review-Document Uploaded. Please see attached document which was executed by the members of XXXX. We note that the document was executed to allow XXXX to execute all documents pertaining to the Financing of this loan. <br> We also Note that the guideline referenced, 2.17 Ineligible Borrowers - Business Entities whose members includes other LLCs, Corporations, Partnerships or Trust, pertains to the Borrower themselves. We point out that our borrower is XXXX, not XXXX. Although the property is being vested in the name of the LLC, our borrower is XXXX as an individual; therefore, the referenced guideline would not apply. We ask this condition please be cleared.<br> - Seller-02/07/2025 | Resolved-Borrower signed the Note as an individual. - Due Diligence Vendor-02/11/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - FICO Min 700- Borrower's FICO 760<br>DSCR % greater than 1.20 - DSCR = 1.777 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3340356 |
| XXXX | 512263 | XXXX C A | Closed | FCRE1443 | 2025-02-05 09:06 | 2025-02-14 16:57 | Resolved | 1 - Information C A | Credit | Assets | Asset 2 Expired | Resolved-Received a new statement. - Due Diligence Vendor-02/14/2025 <br> Ready for Review-Document Uploaded. Please see attached statement showing the Cash Surrender Value of XXXX. - Seller-02/12/2025 <br> Counter-No documentation uploaded. Please reupload. - Due Diligence Vendor-02/11/2025 <br> Ready for Review-Disregard doc uploaded to wrong file - Seller-02/07/2025 <br> Ready for Review-Document Uploaded. Please see attached Data Verify supporting there hasn't been any significant changes to the borrower's credit that would impact the credit decision - Seller-02/07/2025 <br> Open-Asset 2 Expired Provide updated balance to XXXX<br> - Due Diligence Vendor-02/05/2025 | Ready for Review-Document Uploaded. Please see attached statement showing the Cash Surrender Value of XXXX - Seller-02/12/2025 <br> Ready for Review-Disregard doc uploaded to wrong file - Seller-02/07/2025 <br> Ready for Review-Document Uploaded. Please see attached Data Verify supporting there hasn't been any significant changes to the borrower's credit that would impact the credit decision - Seller-02/07/2025 | Resolved-Received a new statement. - Due Diligence Vendor-02/14/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Min FICO 700- Borrower's FICO 775<br>Months Reserves exceed minimum required - 9 mths required- Borrower has 15.07 mths- 9 mths= 6.07 mths remain |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 3353984 |
| XXXX | 516597 | XXXX C B A | Closed | FCRE0099 | 2025-02-11 10:30 | 2025-04-04 15:21 | Resolved | 1 - Information C A | Credit | Eligibility | Discrepancy between Condo Questionnaire and Appraisal | Resolved-Received revised appraisal - Due Diligence Vendor-04/04/2025 <br> Ready for Review-Document Uploaded. Please see attached Appraisal with the correct# of units - Seller-04/03/2025 <br> Open-Questionnaire shows XXXX rented units, appraisal shows XXXX rented units. - Due Diligence Vendor-02/11/2025 | Ready for Review-Document Uploaded. Please see attached Appraisal with the correct# of units - Seller-04/03/2025<br>| Resolved-Received revised appraisal - Due Diligence Vendor-04/04/2025<br>| Qualifying DTI below maximum allowed - Max DTI is 50%, loan is at 16.38%<br>LTV is less than guideline maximum - Max LTV 70%, loan is at 56.03% |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3396214 |
| XXXX | 516597 | XXXX C B A | Closed | FCRE1440 | 2025-02-11 11:01 | 2025-02-11 12:27 | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Originator exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-02/11/2025 <br>Open-Housing History Does Not Meet Guideline Requirements Mortgage not reporting on credit, guide requires mortgage statement and 12 months cancelled checks Lender provided 12 months mortgage statements and payment ledger in lieu of cancelled checks. - Due Diligence Vendor-02/11/2025 |  | Waived-Originator exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-02/11/2025<br>| Qualifying DTI below maximum allowed - Max DTI is 50%, loan is at 16.38%<br>LTV is less than guideline maximum - Max LTV 70%, loan is at 56.03% | Reserves 3+ months above minimums<br> LTV is 5% less than guideline maximum<br> 5+ years Verified employment history exceeds guidelines |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 3396783 |
| XXXX | 517529 | XXXX C B A | Closed | FCRE8201 | 2025-02-11 15:36 | 2025-02-11 19:38 | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-12-month investor history requirement as borrower has owned the subject property since XXXX and is 1 months short 12 months<br> Originator exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-02/12/2025 <br> Open-Exception Request: Experienced Investors only, borrower must have a history of owning and managing commercial or non owner occupied residential real estate for at least 1 year in the last 3 years.<br> Seeking an exception on the 12-month investor history requirement as borrower has owned the subject property since XXXX and is 1 months short 12 months - Due Diligence Vendor-02/11/2025 |  | Waived-12-month investor history requirement as borrower has owned the subject property since XXXX and is 1 months short 12 months<br> Originator exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-02/12/2025 | Qualifying FICO score is at least 20 points above minimum for program - Min FICO 660- Brw FICO 792<br>LTV is less than guideline maximum - Max LTV 75%- Brw LTV 47.727% | FICO is 792 (over 20 points above program requirement)<br> LTV is 45% (Over 5% of requirement)<br> 114 Months reserves |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | Yes | 3401105 |
| XXXX | 524268 | XXXX D B A C | Closed | FVAL2477 | 2025-02-19 16:03 | 2025-03-03 15:21 | Resolved | 1 - Information C A | Property | Appraisal | Appraisal incomplete (missing map, layout, pages, etc.) | Resolved-Upon further review, the appraiser provided an Income and Expense Statement. - Due Diligence Vendor-03/03/2025 <br>Ready for Review-We kindly Disagree, The appraiser provided an Annual Expense Analysis which contains a line item for Nonresident Management. Since a management fee is not provided, it is reasonable that the property is self managed by the owner. We ask that this condition be waived - Seller-02/28/2025 <br>Open-Missing management fee for five unit property or comment that subject is self-managed by the owner. - Due Diligence Vendor-02/19/2025 | Ready for Review-We kindly Disagree, The appraiser provided an Annual Expense Analysis which contains a line item for Nonresident Management. Since a management fee is not provided, it is reasonable that the property is self managed by the owner. We ask that this condition be waived - Seller-02/28/2025<br>| Resolved-Upon further review, the appraiser provided an Income and Expense Statement. - Due Diligence Vendor-03/03/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 744; minimum 700.<br>Months Reserves exceed minimum required - 69.08 months PITIA reserves; 6 months reserves required. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3450077 |
| XXXX | 524268 | XXXX D B A C | Closed | FCRE1345 | 2025-02-19 15:49 | 2025-02-19 16:31 | Waived | 2 - Non-Material D B | Credit | Missing Doc | Borrower 1 Lease Agreements Missing | Waived-Originator exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-02/19/2025 <br>Open-Leases on property are all month to month, lease must be one year in duration to convert to month to month. - Due Diligence Vendor-02/19/2025 |  | Waived-Originator exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-02/19/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Qualifying score 744; minimum 700.<br>Months Reserves exceed minimum required - 69.08 months PITIA reserves; 6 months reserves required. | DSCR% greater than 1.20<br> 4+ Years in Primary Residence. |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 3449931 |
| XXXX | 529949 | XXXX C B A | Closed | FCRE0360 | 2025-02-25 13:04 | 2025-02-27 17:02 | Waived | 2 - Non-Material C B | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Received prior housing payment history. Originator provided a waiver for current rent being paid in cash, applied to non material finding with comp factors - Due Diligence Vendor-02/27/2025 <br>Ready for Review-Document Uploaded. prior rent payments - Seller-02/25/2025 <br>Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Exception in file for borrower paying cash to landlord and cannot document payments however the VOR provided only covers 6 months, missing the additional 6 months of rent from prior rental residence. Finding remains open and material. - Due Diligence Vendor-02/25/2025 | Ready for Review-Document Uploaded. prior rent payments - Seller-02/25/2025<br>| Waived-Received prior housing payment history. Originator provided a waiver for current rent being paid in cash, applied to non material finding with comp factors - Due Diligence Vendor-02/27/2025<br>| Months Reserves exceed minimum required - Guides require 6 months reserves and the borrowers have 82 months. <br>LTV is less than guideline maximum - Qualifying LTV 21.845 is lower than the guideline max of 85.<br>Qualifying DTI below maximum allowed - Qualifying DTI 6.499 is lower than the guideline max of 45. | LTV 10% below max<br> FICO 20 points above min<br> DTI 10% below max<br> Reserves 12 months more than minimum<br> Residual income >XXXX<br> Employment > 5 years | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | Yes | 3478300 |
| XXXX | 531808 | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Refinance | Cash Out - Other |  |  |  |
| XXXX | 535407 | XXXX D A C | Closed | FCRE6019 | 2025-03-03 10:17 | 2025-03-20 13:32 | Resolved | 1 - Information D A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Drivers license provided. - Due Diligence Vendor-03/20/2025 <br>Ready for Review-Please note a Passport is not a requirement; Guideline states "AND, an unexpired Government Photo ID (Example: Driver's License, International Passport, etc.). Passport is referenced as one form of ID that can be used, not required. Per the guideline, the ID provided is sufficient to satisfy the Government Photo ID requirement. - Seller-03/20/2025 <br>Counter-Passport required-finding remains. - Due Diligence Vendor-03/12/2025 <br>Ready for Review-Document Uploaded. Per program guidelines, "ITIN (Individual Tax Identification Number) the borrower(s) must possess a valid ITIN card or IRS ITIN letter, and an Unexpired Government Photo ID (i.e. Driver's license, Interntaional Passport, etc.)" The loan file included the aforementioned/uploaded ITIN and the attached photo ID. <br> - Seller-03/11/2025 <br>Ready for Review-Please note that the loan was approved under the ITIN program which only required a Valid ITIN Letter and an unexpired Government ID (per sec. 2.1); of which, both were provided. A copy of the borrower's passport is not required. - Seller-03/11/2025 <br>Counter-Provide copy of passport from country of origin. - Due Diligence Vendor-03/07/2025 <br>Ready for Review-Document Uploaded. Please see attached. - Seller-03/05/2025 <br>Open-Borrower Citizenship Documentation Is Missing DL was the only document located - Due Diligence Vendor-03/03/2025 | Ready for Review-Please note a Passport is not a requirement; Guideline states "AND, an unexpired Government Photo ID (Example: Driver's License, International Passport, etc.). Passport is referenced as one form of ID that can be used, not required. Per the guideline, the ID provided is sufficient to satisfy the Government Photo ID requirement. - Seller-03/20/2025 <br>Ready for Review-Document Uploaded. Per program guidelines, "ITIN (Individual Tax Identification Number) the borrower(s) must possess a valid ITIN card or IRS ITIN letter, and an Unexpired Government Photo ID (i.e. Driver's license, Interntaional Passport, etc.)" The loan file included the aforementioned/uploaded ITIN and the attached photo ID. <br> - Seller-03/11/2025 <br>Ready for Review-Please note that the loan was approved under the ITIN program which only required a Valid ITIN Letter and an unexpired Government ID (per sec. 2.1); of which, both were provided. A copy of the borrower's passport is not required. - Seller-03/11/2025 <br>Ready for Review-Document Uploaded. Please see attached. - Seller-03/05/2025<br>| Resolved-Drivers license provided. - Due Diligence Vendor-03/20/2025<br>| Months Reserves exceed minimum required - 10.83 vs. 3 required<br>Qualifying FICO score is at least 20 points above minimum for program - 755 vs. minimum FICO of 660 |  | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 3512003 |
| XXXX | 535407 | XXXX D A C | Closed | finding-47 | 2025-03-03 10:43 | 2025-03-13 07:35 | Resolved | 1 - Information C A | Compliance | Right to Rescind | TILA Right of Rescission Test | Resolved-Received PCCD 2/27/2025, disbursement date 2/28/2025. Finding resolved. - Due Diligence Vendor-03/13/2025 <br>Ready for Review-Document Uploaded. Please see attached - Seller-03/11/2025 <br>Open-This loan failed the TILA right of rescission test.Closed-end (12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3)), Open-end (12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3))The funding date is before the third business day following consummation.The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. -----Provide PCCD with disbursement date after the ROR expiration date.<br> - Due Diligence Vendor-03/03/2025 | Ready for Review-Document Uploaded. Please see attached - Seller-03/11/2025<br>| Resolved-Received PCCD XXXX, disbursement date XXXX. Finding resolved. - Due Diligence Vendor-03/13/2025 | Months Reserves exceed minimum required - 10.83 vs. 3 required<br>Qualifying FICO score is at least 20 points above minimum for program - 755 vs. minimum FICO of 660 |  | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 3512406 |
| XXXX | 535407 | XXXX D A C | Closed | FVAL8946 | 2025-03-04 17:28 | 2025-03-07 15:34 | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Missing Appraisal | Resolved-Received full appraisal and cert of completed repairs. - Due Diligence Vendor-03/07/2025 <br>Ready for Review-Document Uploaded. Please see attached. - Seller-03/05/2025 <br>Open-Missing appraisal in the file - Due Diligence Vendor-03/04/2025 | Ready for Review-Document Uploaded. Please see attached. - Seller-03/05/2025<br>| Resolved-Received full appraisal and cert of completed repairs. - Due Diligence Vendor-03/07/2025<br>| Months Reserves exceed minimum required - 10.83 vs. 3 required<br>Qualifying FICO score is at least 20 points above minimum for program - 755 vs. minimum FICO of 660 |  | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 3527626 |
| XXXX | 535407 | XXXX D A C | Closed | FCRE1151 | 2025-03-04 15:07 | 2025-03-07 15:23 | Resolved | 1 - Information C A | Credit | Title | Satisfactory Chain of Title not Provided | Resolved-Received acceptable 24 month chain of title. - Due Diligence Vendor-03/07/2025 <br> Ready for Review-Document Uploaded. Please see attached Property Profile reflecting the transaction history/chain of title. - Seller-03/05/2025 <br> Open-Unsatisfactory Chain of Title provided. Only goes back to XXXX<br> - Due Diligence Vendor-03/04/2025 | Ready for Review-Document Uploaded. Please see attached Property Profile reflecting the transaction history/chain of title. - Seller-03/05/2025<br>| Resolved-Received acceptable 24 month chain of title. - Due Diligence Vendor-03/07/2025<br>| Months Reserves exceed minimum required - 10.83 vs. 3 required<br>Qualifying FICO score is at least 20 points above minimum for program - 755 vs. minimum FICO of 660 |  | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 3526108 |
| XXXX | 537969 | XXXX C A | Closed | FPRO9999 | 2025-03-07 10:54 | 2025-03-12 13:00 | Resolved | 1 - Information C A | Credit | Eligibility | Condo project has pending litigation | Resolved-Received additional documentation. Litigation is not structural in nature, and not against our unit and does not affect marketability. - Due Diligence Vendor-03/12/2025 <br> Ready for Review-Document Uploaded. See uploaded Detailed Rebuttal from underwriter regarding Condo Project Litigation.. This is not a structural litigation, does not affect the residential units in any way.<br> - Seller-03/10/2025 <br> Open-Per attorney letters and court-filed documents that were provided in the loan file, the HOA is a defendant in a lawsuit brought on by the owner of the commercial/retail spaces, which are located on the first floor of the building, and not by an owner of a residential unit in the building. The lawsuit seeks an action for injunctive relief and damages in excess of XXXX, exclusive of attorney's fees, interests and costs, for the economic/financial impact to the retail spaces as a result of the repairs/construction performed on the building in XXXX, in order for the building to obtain its 50-year certification. The lawsuit does not allege structural defect nor any other claims affecting the Homes or Common Elements in the building, and as such appears to be minor in nature. The attorney correspondences do not confirm if the lawsuit is covered by insurance. Please provide amount of suit, or letter from HOA/Attny that lawsuit will be covered by insurance in order to deem this as non-material. An Exception will need to be provided by the Client as well per guides. - Due Diligence Vendor-03/07/2025 | Ready for Review-Document Uploaded. See uploaded Detailed Rebuttal from underwriter regarding Condo Project Litigation.. This is not a structural litigation, does not affect the residential units in any way.<br> - Seller-03/10/2025<br>| Resolved-Received additional documentation. Litigation is not structural in nature, and not against our unit and does not affect marketability. - Due Diligence Vendor-03/12/2025<br>| Qualifying DTI below maximum allowed - 18.44% DTI ratio, 45% maximum DTI ratio allowed for FTHBs.<br>Qualifying FICO score is at least 20 points above minimum for program - 779 qualifying FICO score, 680 minimum required. |  | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 3555398 |
| XXXX | 540228 | XXXX D B A | Closed | FCOM2630 | 2025-03-07 10:16 | 2025-03-19 07:31 | Waived | 2 - Non-Material D B | Compliance | Missing Doc | Missing Attorney Preference Letter | Waived-Right To Choose Attorney or Attorney Preference Not In File Originator waiver applied to non-material Findings. No atty fees on final Cd for borrower. - Due Diligence Vendor-03/07/2025 |  | Waived-Right To Choose Attorney or Attorney Preference Not In File Originator waiver applied to non-material Findings. No atty fees on final Cd for borrower. - Due Diligence Vendor-03/07/2025<br>| Months Reserves exceed minimum required - 29 months of reserves exceeds 3 months required<br>Qualifying DTI below maximum allowed - DTI of 7.92% is below 50% minimum allowed |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 3554795 |
| XXXX | 545659 | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA |  |  |  |
| XXXX | 545749 | XXXX C A | Closed | finding-3634 | 2025-03-11 18:27 | 2025-03-19 08:49 | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-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 XXXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §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). Received COC XXXX, and rounding. Finding resolved. - Due Diligence Vendor-03/19/2025 <br> Ready for Review-Document Uploaded. File was a typo, here is the corrected document. - Seller-03/17/2025 <br> Ready for Review-Received COC dated XXXX, unable to apply due to date being post closing. Please provide timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations 3 years- Expiration date is XXXX. - Due Diligence Vendor-03/17/2025 <br> Ready for Review-Document Uploaded. COC provided please clear findings. - Seller-03/14/2025 <br> Open-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 XXXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §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). Zero (0%) tolerance fees increased by XXXX (Loan Discount Points) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations 3 years- Expiration date is XXXX. - Due Diligence Vendor-03/11/2025 | Ready for Review-Document Uploaded. File was a typo, here is the corrected document. - Seller-03/17/2025 <br>Ready for Review-Document Uploaded. COC provided please clear findings. - Seller-03/14/2025<br>| Resolved-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 XXXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §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). Received COC XXXX, and rounding. Finding resolved. - Due Diligence Vendor-03/19/2025 | LTV is less than guideline maximum - LTV 23% is lower than maximum 65%<br>Months Reserves exceed minimum required - 26.66 months reserves exceed required 0 by 26.66 months. |  | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 3586741 |
| XXXX | 545749 | XXXX C A | Closed | finding-3532 | 2025-03-12 08:19 | 2025-03-19 08:08 | Resolved | 1 - Information C A | Compliance | TRID | Initial Closing Disclosure Delivery Date Test | Resolved-Received evidence of receipt of CD XXXX. Finding resolved. - Due Diligence Vendor-03/19/2025 <br> Ready for Review-The CD attached shows it was acknowledged onXXXX please clear findings. - Seller-03/17/2025 <br> Counter-CD XXXX must meet the 3 business day rule. Missing evidence/acknowledgement borrower received a CD a minimum of 3 days prior to consummation date XXXX - Due Diligence Vendor-03/17/2025 <br> Ready for Review-Document Uploaded. Please find the initial CD for review. - Seller-03/14/2025 <br> Open-This loan failed the initial closing disclosure delivery date test due to one of the following findings:(12 CFR §1026.19(f)(1)(ii))The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation. -----Missing evidence/acknowledgement borrower received a CD a minimum of 3 days prior to consummation date XXXX - Due Diligence Vendor-03/12/2025 | Ready for Review-The CD attached shows it was acknowledged on XXXX please clear findings. - Seller-03/17/2025 <br> Ready for Review-Document Uploaded. Please find the initial CD for review. - Seller-03/14/2025 | Resolved-Received evidence of receipt of CD XXXX. Finding resolved. - Due Diligence Vendor-03/19/2025 | LTV is less than guideline maximum - LTV 23% is lower than maximum 65%<br>Months Reserves exceed minimum required - 26.66 months reserves exceed required 0 by 26.66 months. |  | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 3589394 |
| XXXX | 549477 | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other |  |  |  |
| XXXX | 551382 | XXXX D B A C | Closed | FVAL9739 | 2025-03-20 15:02 | 2025-08-20 08:58 | Resolved | 1 - Information C A | Property | Appraisal | Property/Appraisal General | Resolved-Upon further review, Appraiser would not need to comment on the listing time. - Due Diligence Vendor-04/28/2025 <br>Ready for Review-Document Uploaded. Hi, please see UW rebuttal attached. This is #2 on the list. - Seller-04/01/2025 <br>Open-Appraiser to comment on subject's days on market. Per appraiser property was listed for 138 days in a market where homes are moving in under 3 months. - Due Diligence Vendor-03/20/2025 | Ready for Review-Document Uploaded. Hi, please see UW rebuttal attached. This is #2 on the list. - Seller-04/01/2025<br>| Resolved-Upon further review, Appraiser would not need to comment on the listing time. - Due Diligence Vendor-04/28/2025<br>| Residual Income =/> 1.5 times XXXX monthly residual income - Qualifying residual income $13,234.99; minimum required $1500<br> Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO 753; minimum required 700 |  | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 3661479 |
| XXXX | 551382 | XXXX D B A C | Closed | FCRE1440 | 2025-03-20 15:30 | 2025-05-02 14:30 | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Originator provided a waiver proceed with VOR, applied to non material finding with comp factors - Due Diligence Vendor-05/02/2025 <br> Ready for Review-Document Uploaded. Hi, please see exception. - Seller-05/01/2025 <br> Counter-Client comments - Management reviewed and approved VOR and payment history provided. - AUDIT RESPONSE- Please provide a lender approved exception.<br> - Due Diligence Vendor-04/02/2025 <br> Ready for Review-Document Uploaded. Hi, please see UW rebuttal attached. This is #5 on the list. - Seller-04/01/2025 <br> Open-Housing History Does Not Meet Guideline Requirements Housing history does not meet. Private VOR not acceptable based on LTV. Payment history provided. Unable to determine satisfactory payment for XXXX and partial payment for XXXX due to cash payments. Borrower housing history must reflect 0x30x12 as borrower is a FTHB. Additional findings may apply. - Due Diligence Vendor-03/20/2025 | Ready for Review-Document Uploaded. Hi, please see exception. - Seller-05/01/2025 <br>Ready for Review-Document Uploaded. Hi, please see UW rebuttal attached. This is #5 on the list. - Seller-04/01/2025<br>| Waived-Originator provided a waiver proceed with VOR, applied to non material finding with comp factors - Due Diligence Vendor-05/02/2025<br>| Residual Income =/> 1.5 times XXXX monthly residual income - Qualifying residual income $13,234.99; minimum required $1500<br> Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO 753; minimum required 700 | Fico: 753>700; Residual Income: XXXX; DTI below 45% | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | Yes | 3661990 |
| XXXX | 551382 | XXXX D B A C | Closed | FCRE1254 | 2025-03-20 14:54 | 2025-04-28 11:25 | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved--property is not located in a PUD; finding resolved. - Due Diligence Vendor-04/28/2025 <br> Counter-Please provide documentation to support the subject is not located within a Planned Unit Development. - Due Diligence Vendor-04/02/2025 <br> Ready for Review-Document Uploaded. Hi, please see UW rebuttal attached. This is #1 on the list. - Seller-04/01/2025 <br> Open-Property Title Issue Title shows property lies within a PUD (XXXX xx) but the appraisal is not located in a PUD. Per purchase contract seller also disclosed subject lies within an PUD with an HOA that requires no monthly or annual dues. Additional findings may apply. - Due Diligence Vendor-03/20/2025 | Ready for Review-Document Uploaded. Hi, please see UW rebuttal attached. This is #1 on the list. - Seller-04/01/2025<br>| Resolved--property is not located in a PUD; finding resolved. - Due Diligence Vendor-04/28/2025<br>| Residual Income =/> 1.5 times XXXX monthly residual income - Qualifying residual income $13,234.99; minimum required $1500<br> Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO 753; minimum required 700 |  | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 3661363 |
| XXXX | 551382 | XXXX D B A C | Closed | FCRE1152 | 2025-03-20 14:51 | 2025-04-28 11:24 | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Resolved - lender uses prior year taxes unless XXXX property or new construction. - Due Diligence Vendor-04/28/2025 <br> Counter-Client Comments - Unless the property is in the state of XXXX or new construction, it is XXXX policy to use the existing taxes from the tax cert. Underwriter and funder used the taxes from tax cert. - AUDIT RESPONSE- Guidelines are silent. Purchase transaction in XXXX should be calculated using the sales price and mileage for qualification. - Due Diligence Vendor-04/09/2025 <br> Ready for Review-Hi, we always go by last year tax amount. Please double check this with your manager. The only state you would use an estimate is XXXX. - Seller-04/08/2025 <br> Counter-Subject Transaction is a Purchase transaction. A new estimated tax amount will need to be included in the DTI. - Due Diligence Vendor-04/02/2025 <br> Ready for Review-Document Uploaded. Hi, please see UW rebuttal attached. This is #8 on the list. - Seller-04/01/2025 <br> Counter-Received duplicate information-provide Title confirmation of estimated re taxes. - Due Diligence Vendor-03/24/2025 <br> Ready for Review-Document Uploaded. Hi, it's on pages 537 - 540. (XXXX / 12 = XXXX) - Seller-03/21/2025 <br> Open-Missing Evidence of Property Tax XXXX real estate taxes are reassessed at time of purchase. Missing estimated tax calculation from the County using the sales price. Tax calculated for qualifying must include non-ad valorem taxes if not already included on the estimate (read through fine print). Manual estimate using figures on the tax cert provided places taxes at approximately XXXX a year. This figure was used at time of review to reflect more accurate DTI until estimate is provided by the Originator. Additional findings may apply. - Due Diligence Vendor-03/20/2025 | Ready for Review-Hi, we always go by last year tax amount. Please double check this with your manager. The only state you would use an estimate is California. - Seller-04/08/2025 <br> Ready for Review-Document Uploaded. Hi, please see UW rebuttal attached. This is #8 on the list. - Seller-04/01/2025 <br> Ready for Review-Document Uploaded. Hi, it's on pages 537 - 540. (XXXX) - Seller-03/21/2025 | Resolved-Resolved - lender uses prior year taxes unless XX property or new construction. - Due Diligence Vendor-04/28/2025 | Residual Income =/> 1.5 times XXXX monthly residual income - Qualifying residual income $13,234.99; minimum required $1500<br> Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO 753; minimum required 700 |  | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 3661315 |
| XXXX | 551382 | XXXX D B A C | Closed | FCRE1193 | 2025-03-20 15:46 | 2025-04-28 11:11 | Resolved | 1 - Information C A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved--DTI is 41.72 using current taxes, finding resolved. - Due Diligence Vendor-04/28/2025 <br>Counter-Subject Transaction is a Purchase Transaction, a reassessment estimate is required. - Due Diligence Vendor-04/02/2025 <br>Ready for Review-Document Uploaded. Hi, please see UW rebuttal attached. This is #7 on the list. - Seller-04/01/2025 <br>Open-Audited DTI of 45.76% exceeds Guideline DTI of 45%. Taxes used towards qualifying were not the reassessed amount which pushed the DTI over. - Due Diligence Vendor-03/20/2025 | Ready for Review-Document Uploaded. Hi, please see UW rebuttal attached. This is #7 on the list. - Seller-04/01/2025<br>| Resolved--DTI is 41.72 using current taxes, finding resolved. - Due Diligence Vendor-04/28/2025<br>| Residual Income =/> 1.5 times XXXX monthly residual income - Qualifying residual income $13,234.99; minimum required $1500<br> Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO 753; minimum required 700 |  | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 3662245 |
| XXXX | 551382 | XXXX D B A C | Closed | FCRE1304 | 2025-03-20 15:11 | 2025-04-02 15:19 | Resolved | 1 - Information C A | Credit | Income/Employment | Income 1 Income Trend is Decreasing | Resolved-Upon further review, due to the Nature of the business the income does not appear to be declining. - Due Diligence Vendor-04/02/2025 <br> Ready for Review-Document Uploaded. Hi, please see UW rebuttal attached. This is #3 on the list. - Seller-04/01/2025 <br> Open-Income 1 Income Trend is Decreasing Missing letter of explanation for declining income. Originator used January XXXX-XXXX towards qualifying. The most recent 6-months of business earnings has decreased 292% from the previous 6-months. Additionally the borrower should address lack of earnings in the months of XXXX as well as minimal earnings for the months of XXXX. Fluctuations are not in line with seasonal fluctuations for borrowers industry and location. It should also be noted that XXXX and XXXX bank statements were provided which do not show an uptick in earnings. XXXX only reflects approximately XXXX with an overdraft and XXXX only shows XXXX earnings for the whole month. Borrower has also inquired about a small business loan which they have indicated they did not obtain but the business shows signs of distress due to stagnant earnings. Additional findings may apply. - Due Diligence Vendor-03/20/2025 | Ready for Review-Document Uploaded. Hi, please see UW rebuttal attached. This is #3 on the list. - Seller-04/01/2025<br>| Resolved-Upon further review, due to the Nature of the business the income does not appear to be declining. - Due Diligence Vendor-04/02/2025<br>| Residual Income =/> 1.5 times XXXX monthly residual income - Qualifying residual income $13,234.99; minimum required $1500<br> Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO 753; minimum required 700 |  | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 3661646 |
| XXXX | 551382 | XXXX D B A C | Closed | FCRE1964 | 2025-03-20 15:12 | 2025-04-02 15:16 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing income documentation | Resolved-Upon further review, the deposit amount are < the guidelines requirement of exceeding 75% of the monthly average deposit. - Due Diligence Vendor-04/02/2025 <br> Ready for Review-Document Uploaded. Hi, please see UW rebuttal attached. This is #4 on the list. - Seller-04/01/2025 <br> Open-Missing source of large deposits for XXXX on 11/20 and XXXX on XXXX. Both were considered towards qualifying income. Additional findings may apply. - Due Diligence Vendor-03/20/2025 | Ready for Review-Document Uploaded. Hi, please see UW rebuttal attached. This is #4 on the list. - Seller-04/01/2025<br>| Resolved-Upon further review, the deposit amount are < the guidelines requirement of exceeding 75% of the monthly average deposit. - Due Diligence Vendor-04/02/2025<br>| Residual Income =/> 1.5 times XXXX monthly residual income - Qualifying residual income $13,234.99; minimum required $1500<br> Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO 753; minimum required 700 |  | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 3661655 |
| XXXX | 551382 | XXXX D B A C | Closed | FCRE9549 | 2025-03-20 15:30 | 2025-04-02 15:10 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Credit Report Supplement | Resolved-Upon further review the accounts were included in the DTI calculation. - Due Diligence Vendor-04/02/2025 <br> Ready for Review-Document Uploaded. Hi, please see UW rebuttal attached. This is #6 on the list. - Seller-04/01/2025 <br> Open-Missing credit supplement for all 10 stale credit tradelines held with the same provider, XXXX, which have a date last reported XXXX. It is possible these debts were transferred to XXXX based on similar tradeline data reporting. Both creditors were included in the DTI. Additional findings may apply. - Due Diligence Vendor-03/20/2025 | Ready for Review-Document Uploaded. Hi, please see UW rebuttal attached. This is #6 on the list. - Seller-04/01/2025<br>| Resolved-Upon further review the accounts were included in the DTI calculation. - Due Diligence Vendor-04/02/2025<br>| Residual Income =/> 1.5 times XXXX monthly residual income - Qualifying residual income $13,234.99; minimum required $1500<br> Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO 753; minimum required 700 |  | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 3661991 |
| XXXX | 553480 | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other |  |  |  |
| XXXX | 557294 | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other |  |  |  |
| XXXX | 559280 | XXXX C A | Closed | FCRE1198 | 2025-03-26 16:45 | 2025-04-01 15:08 | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Upon further review, gift funds are allowed. - Due Diligence Vendor-04/01/2025 <br> Ready for Review-Document Uploaded. Hi, can you please advise where you are seeing that Gift Funds is not allow for First Time Homebuyers in our Guidelines? - Seller-03/31/2025 <br> Counter-Gift funds provided, however Gifts are not allowed for First Time Homebuyers. Finding remains. - Due Diligence Vendor-03/28/2025 <br> Ready for Review-Document Uploaded. Hi, there was a Gift Funds of XXXX sent straight to Title. - Seller-03/27/2025 <br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-03/27/2025 | Ready for Review-Document Uploaded. Hi, can you please advise where you are seeing that Gift Funds is not allow for First Time Homebuyers in our Guidelines? - Seller-03/31/2025 <br> Ready for Review-Document Uploaded. Hi, there was a Gift Funds of XXXX sent straight to Title. - Seller-03/27/2025 | Resolved-Upon further review, gift funds are allowed. - Due Diligence Vendor-04/01/2025<br>| Qualifying DTI below maximum allowed - 50% DTI allowed, 32.91% for the subject.<br> Qualifying FICO score is at least 20 points above minimum for program - Required Fico 700, subject 777. |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 3703359 |
| XXXX | 559280 | XXXX C A | Closed | FCRE9501 | 2025-03-26 16:31 | 2025-04-01 15:07 | Resolved | 1 - Information C A | Credit | Assets | Total Qualified Assets Post-Close is Less than $0 | Resolved-Upon further review Gift Funds are allowed. - Due Diligence Vendor-04/01/2025 <br> Ready for Review-Document Uploaded. Hi, can you please advise where you are seeing that Gift Funds is not allow for First Time Homebuyers in our Guidelines? - Seller-03/31/2025 <br> Counter-Gift funds provided, however Gifts are not allowed for First Time Homebuyers. Finding remains. - Due Diligence Vendor-03/28/2025 <br> Ready for Review-Document Uploaded. Hi, there was a Gift Funds of XXXX sent straight to Title. - Seller-03/27/2025 <br> Open-Total Qualified Assets Post-Close amount is XXXX. Assets are Insufficient. - Due Diligence Vendor-03/26/2025 | Ready for Review-Document Uploaded. Hi, can you please advise where you are seeing that Gift Funds is not allow for First Time Homebuyers in our Guidelines? - Seller-03/31/2025 <br> Ready for Review-Document Uploaded. Hi, there was a Gift Funds of XXXX sent straight to Title. - Seller-03/27/2025 | Resolved-Upon further review Gift Funds are allowed. - Due Diligence Vendor-04/01/2025<br>| Qualifying DTI below maximum allowed - 50% DTI allowed, 32.91% for the subject.<br>Qualifying FICO score is at least 20 points above minimum for program - Required Fico 700, subject 777. |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 3703231 |
| XXXX | 560637 | XXXX C B A | Closed | FCOM9998 | 2025-03-27 07:25 | 2025-04-01 11:11 | Resolved | 1 - Information C A | Compliance | TRID | Closing Disclosure Issue | Resolved-Rec'd complete Final CD issued XXXX. Finding Resolved. - Due Diligence Vendor-04/01/2025 <br> Ready for Review-Document Uploaded. - Seller-03/31/2025 <br> Open-Final CD is missing page 3. - Due Diligence Vendor-03/27/2025 | Ready for Review-Document Uploaded. - Seller-03/31/2025<br>| Resolved-Rec'd complete Final CD issued XXXX. Finding Resolved. - Due Diligence Vendor-04/01/2025 | Qualifying FICO score is at least 20 points above minimum for program - Qualifying credit score 762; minimum required 680.<br>Qualifying DTI below maximum allowed - Qualifying DTI 19%; max permitted 50%. |  | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 3706584 |
| XXXX | 560637 | XXXX C B A | Closed | FCRE1344 | 2025-03-27 11:40 | 2025-03-28 13:31 | Waived | 2 - Non-Material C B | Credit | Income/Employment | Borrower 1 Business Bank Statements Less Than 12 Months Provided | Waived-Originator waiver applied deemed non material-took 12 month average of the 11 months total deposits and borrower still qualifies at a low 20% DTI, high FICO 762. - Due Diligence Vendor-03/28/2025 <br> Open-XXXX statement not provided. - Due Diligence Vendor-03/27/2025 |  | Waived-Originator waiver applied deemed non material-took 12 month average of the 11 months total deposits and borrower still qualifies at a low 20% DTI, high FICO 762. - Due Diligence Vendor-03/28/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Qualifying credit score 762; minimum required 680.<br>Qualifying DTI below maximum allowed - Qualifying DTI 19%; max permitted 50%. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 3709671 |
| XXXX | 563541 | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other |  |  |  |
| XXXX | 563545 | XXXX C A | Closed | FCRE1510 | 2025-04-01 22:56 | 2025-04-04 13:50 | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Receive complete copy of Security Instrument including the legal description - Due Diligence Vendor-04/04/2025 <br>Ready for Review-Document Uploaded. Copy of the mortgage with the legal description has been provided, please clear condition. - Seller-04/03/2025 <br>Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description for subject property. - Due Diligence Vendor-04/02/2025 | Ready for Review-Document Uploaded. Copy of the mortgage with the legal description has been provided, please clear condition. - Seller-04/03/2025<br>| Resolved-Receive complete copy of Security Instrument including the legal description - Due Diligence Vendor-04/04/2025<br>| Months Reserves exceed minimum required - Verified assets of 12.96 exceeds the minimum required of 3 months<br>Qualifying FICO score is at least 20 points above minimum for program - FICO of 712 is higher than the minimum FICO required of 620 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 3747788 |
| XXXX | 564712 | XXXX D B A | Closed | FCRE8201 | 2025-04-03 12:04 | 2025-04-18 09:47 | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Originator provided a waiver for cash out with an LTV of 75%, applied to non material finding with comp factors - Due Diligence Vendor-04/18/2025 <br> Ready for Review-Document Uploaded. Please find the exception for LTV - Seller-04/16/2025 <br> Counter-Exception provided is for remaining equity and not the LTV. Finding remains. - Due Diligence Vendor-04/15/2025 <br> Ready for Review-Document Uploaded. attached doc is for UW department approving greater than 75%, exceptions are not signed but approved, final approval shows approval as well. please clear. - Seller-04/11/2025 <br> Counter-Exception for remaining equity provided, however Appraised value was used for the LTV and the subject was purchased over 6 months but less than 12 months ago. Guidelines require to use the lower of the purchase price plus improvements and new loan fees or 80%. 2nd signature required by UW manager for All LTVs equal to or greater than 75% on a cash out refinance. Property that has been purchased in the last 12 months and experiences a value increase of more than 100% of the purchase price§ Cash out amounts of more than 50% of total investment (defined as actual borrower funds; not financed) - Due Diligence Vendor-04/08/2025 <br> Ready for Review-Document Uploaded. XXXX does not provide manager signed exceptions, please find the exception for review. - Seller-04/04/2025 <br> Open-No manager exception provided for cash out at 75% on property purchased less than 12 mo's ago. - Due Diligence Vendor-04/03/2025 | Ready for Review-Document Uploaded. Please find the exception for LTV - Seller-04/16/2025 <br> Ready for Review-Document Uploaded. attached doc is for UW department approving greater than 75%, exceptions are not signed but approved, final approval shows approval as well. please clear. - Seller-04/11/2025 <br> Ready for Review-Document Uploaded. XXXX does not provide manager signed exceptions, please find the exception for review. - Seller-04/04/2025 | Waived-Originator provided a waiver for cash out with an LTV of 75%, applied to non material finding with comp factors - Due Diligence Vendor-04/18/2025<br>| Months Reserves exceed minimum required - 102.70 months reserves exceed required 6 by 96.70 months.<br>Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 728 is higher than the required 680 | 94 Months reserves<br> 728 FICO<br> 39 Tradelines<br> 22 months monthly payments<br> 5.58 years on the Job<br> 67 mos mtg payment 0x30 | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | No | 3774227 |
| XXXX | 564712 | XXXX D B A | Closed | FCRE0700 | 2025-04-03 12:15 | 2025-04-08 15:34 | Resolved | 1 - Information D A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Received Final Settlement Statement. - Due Diligence Vendor-04/08/2025 <br>Ready for Review-Document Uploaded. pleaser find SS - Seller-04/04/2025 <br>Open-Closing Detail Statement Document is Missing and subject property is an Investment property. CD provided is not legible, dated after the note date and does not reflect escrows. 1st payment letter reflects escrows. - Due Diligence Vendor-04/03/2025 | Ready for Review-Document Uploaded. pleaser find SS - Seller-04/04/2025<br>| Resolved-Received Final Settlement Statement. - Due Diligence Vendor-04/08/2025<br>| Months Reserves exceed minimum required - 102.70 months reserves exceed required 6 by 96.70 months.<br>Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 728 is higher than the required 680 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3774363 |
| XXXX | 564712 | XXXX D B A | Closed | FCRE0068 | 2025-04-03 09:15 | 2025-04-03 12:17 | Waived | 2 - Non-Material C B | Credit | Closing | Remaining Equity is less than $40,000 which does not meet guideline requirement | Waived-Remaining equity is less than XXXX which does not meet guideline requirement. <br> Originator exception granted and in file, Waiver applied with comp factors. Exception deemed non-material due to not ATR affecting. - Due Diligence Vendor-04/03/2025 |  | Waived-Remaining equity is less than XXXX which does not meet guideline requirement. <br> Originator exception granted and in file, Waiver applied with comp factors. Exception deemed non-material due to not ATR affecting. - Due Diligence Vendor-04/03/2025 | Months Reserves exceed minimum required - 102.70 months reserves exceed required 6 by 96.70 months.<br>Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 728 is higher than the required 680 | 94 Months Reserves <br> LTV 75%<br> FICO 728<br> Number of Tradelines 39<br> Years of Monthly Payments 22<br> Years at Present Address 5.58yrs <br> # of Months 0X30 Payments 67 months  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 3763215 |
| XXXX | 567383 | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA |  |  |  |
| XXXX | 570750 | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other |  |  |  |
| XXXX | 570754 | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA |  |  |  |
| XXXX | 572888 | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA |  |  |  |
| XXXX | 576342 | XXXX D A | Closed | FCRE0043 | 2025-04-15 16:44 | 2025-04-18 16:57 | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation - Due Diligence Vendor-04/18/2025 <br> Ready for Review-4/16: Market Rent provided and used is XXXX/ PITI XXXX= DSCR please clear finding. - Seller-04/16/2025 | Ready for Review-4/16: Market Rent provided and used is XXXX / PITI XXXX= DSCR please clear finding. - Seller-04/16/2025 | Resolved-Received DSCR calculation - Due Diligence Vendor-04/18/2025<br>| Long term residence - Borrower at primary 6 years<br>Qualifying FICO score is at least 20 points above minimum for program - Min FICO 680 / Borrower FICO 768 |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3872553 |
| XXXX | 576343 | XXXX D A | Closed | FCRE1510 | 2025-04-14 16:18 | 2025-04-18 16:52 | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Mortgage w/Legal - Due Diligence Vendor-04/18/2025 <br>Ready for Review-Document Uploaded. Please find the final DOT with Legal attached. - Seller-04/16/2025 <br>Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. missing legal - Due Diligence Vendor-04/14/2025 | Ready for Review-Document Uploaded. Please find the final DOT with Legal attached. - Seller-04/16/2025<br>| Resolved-Received Mortgage w/Legal - Due Diligence Vendor-04/18/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Min FICO 720 / Borrower FICO 744<br>DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR 1.02% |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3860154 |
| XXXX | 576343 | XXXX D A | Closed | FCRE0700 | 2025-04-15 11:02 | 2025-04-18 16:50 | Resolved | 1 - Information D A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Received Settlement Statement. - Due Diligence Vendor-04/18/2025 <br>Ready for Review-Document Uploaded. Please find the final SS for review. - Seller-04/16/2025 <br>Open-Closing Detail Statement Document is Missing and subject property is an Investment property. Final Closing Detail Statement Document is Missing and subject property is an Investment property. - Due Diligence Vendor-04/15/2025 | Ready for Review-Document Uploaded. Please find the final SS for review. - Seller-04/16/2025<br>| Resolved-Received Settlement Statement. - Due Diligence Vendor-04/18/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Min FICO 720 / Borrower FICO 744<br>DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR 1.02% |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3866973 |
| XXXX | 578894 | XXXX C B A | Closed | FCRE8201 | 2025-04-17 15:03 | 2025-04-22 17:04 | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Originator provided a waiver <12 mo seasoning, applied to non material finding with comp factors --Reserves 17 months > 6 mos required - Due Diligence Vendor-04/22/2025 <br>Ready for Review-Document Uploaded. Please find the exception for review. - Seller-04/21/2025 <br>Open-No manager approval provided for < 12 mo seasoning and using appraised value. Improvements do not support value. - Due Diligence Vendor-04/17/2025 | Ready for Review-Document Uploaded. Please find the exception for review. - Seller-04/21/2025<br>| Waived-Originator provided a waiver <12 mo seasoning, applied to non material finding with comp factors --Reserves 17 months > 6 mos required - Due Diligence Vendor-04/22/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Min FICO 680 / Borrower FICO 707<br>On time mortgage history exceeds guideline requirement - Credit report reflect 0x30 24 months | FICO 707>680 required; LTV 75% | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 3893802 |
| XXXX | 580180 | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA |  |  |  |
| XXXX | 581496 | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other |  |  |  |
| XXXX | 582639 | XXXX C A | Closed | FCRE0104 | 2025-04-24 17:39 | 2025-05-07 15:40 | Resolved | 1 - Information C A | Credit | Eligibility | Prepayment Penalty is not allowed | Resolved-Upon further review, the loan file contained all required prepayment documentation. <br> - Due Diligence Vendor-05/07/2025 <br>Ready for Review-Per the statue of Delaware, copied below, it states a person means an individual, corporation, partnership or any other business entity or<br> group or combination of individuals however organized. Please advise which statue you are referring that restricts prepayment penalties for business purpose loans.<br> ----<br> (1) "Person" means an individual, corporation, partnership or any other business entity or<br> group or combination of individuals however organized.<br> --<br> (e) In connection with any prepayment of any loan by an individual borrower, the licensee may<br> not impose any prepayment charge, except that in the case of a residential mortgage loan, the<br> lender may charge and collect any prepayment penalty or charge specified in the agreement<br> governing, or the bond, note or other evidence of, the loan. - Seller-05/06/2025 <br>Counter-State restricts prepayment penalties for business purpose loans. Finding remains. - Due Diligence Vendor-05/05/2025 <br>Ready for Review-Document Uploaded. The Delaware code states that a lender can only impose a prepayment penalty if it's outlined in the agreement, bond, note, or other relevant document. The Note includes a Prepayment Addendum and the mortgage a Prepayment Rider, please clear condition. - Seller-05/02/2025 <br>Open-Prepayment Penalty is not allowed. Delaware allows no prepayment penalty. - Due Diligence Vendor-04/24/2025 | Ready for Review-Per the statue of XXXX, copied below, it states a person means an individual, corporation, partnership or any other business entity or<br> group or combination of individuals however organized. Please advise which statue you are referring that restricts prepayment penalties for business purpose loans.<br> ----<br> (1) "Person" means an individual, corporation, partnership or any other business entity or<br> group or combination of individuals however organized.<br> --<br> (e) In connection with any prepayment of any loan by an individual borrower, the licensee may<br> not impose any prepayment charge, except that in the case of a residential mortgage loan, the<br> lender may charge and collect any prepayment penalty or charge specified in the agreement<br> governing, or the bond, note or other evidence of, the loan. - Seller-05/06/2025 <br> Ready for Review-Document Uploaded. The Delaware code states that a lender can only impose a prepayment penalty if it's outlined in the agreement, bond, note, or other relevant document. The Note includes a Prepayment Addendum and the mortgage a Prepayment Rider, please clear condition. - Seller-05/02/2025 | Resolved-Upon further review, the loan file contained all required prepayment documentation. <br> - Due Diligence Vendor-05/07/2025<br>| DSCR % greater than 1.20 - DSCR 1.58<br>Months Reserves exceed minimum required - 237 mths reserves; 3 mths required. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 3957218 |
| XXXX | 582639 | XXXX C A | Closed | FCRE1505 | 2025-04-24 17:26 | 2025-05-05 15:28 | Resolved | 1 - Information C A | Credit | Eligibility | Tradelines do not meet Guideline Requirements | Resolved-Received 2 credit reference letters from financial institutions. - Due Diligence Vendor-05/05/2025 <br>Ready for Review-Document Uploaded. The guidelines states: • A U.S. credit report with at least two (2) trade lines with minimum age of two (2) years for one tradeline; or • An international credit report is required if a U.S. credit report cannot be produced; or • An original credit reference letter from an internationally known financial institution. <br> Which makes the credit reference letters sufficient. Please clear condition. - Seller-05/02/2025 <br>Open-The Tradelines for the borrower(s) do not meet the guideline requirements. Per the applicable guidelines foreign nationals are required to have at least 2 trade lines with a minimum age of 2 years for 1 tradeline or an international credit report. A domestic credit report was provided with one trade line reporting. - Due Diligence Vendor-04/24/2025 | Ready for Review-Document Uploaded. The guidelines states: • A U.S. credit report with at least two (2) trade lines with minimum age of two (2) years for one tradeline; or • An international credit report is required if a U.S. credit report cannot be produced; or • An original credit reference letter from an internationally known financial institution. <br> Which makes the credit reference letters sufficient. Please clear condition. - Seller-05/02/2025<br>| Resolved-Received 2 credit reference letters from financial institutions. - Due Diligence Vendor-05/05/2025<br>| DSCR % greater than 1.20 - DSCR 1.58<br>Months Reserves exceed minimum required - 237 mths reserves; 3 mths required. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 3957069 |
| XXXX | 582639 | XXXX C A | Closed | FCRE1510 | 2025-04-22 09:19 | 2025-04-30 16:12 | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received security instrument with legal description attached. - Due Diligence Vendor-04/30/2025 <br>Ready for Review-Document Uploaded. Copy of the mortgage including the legal description has been provided, please clear condition. - Seller-04/28/2025 <br>Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Legal Descript - Due Diligence Vendor-04/22/2025 | Ready for Review-Document Uploaded. Copy of the mortgage including the legal description has been provided, please clear condition. - Seller-04/28/2025<br>| Resolved-Received security instrument with legal description attached. - Due Diligence Vendor-04/30/2025<br>| DSCR % greater than 1.20 - DSCR 1.58<br>Months Reserves exceed minimum required - 237 mths reserves; 3 mths required. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 3924197 |
| XXXX | 583911 | XXXX D A | Closed | FCRE6019 | 2025-04-23 14:59 | 2025-04-25 16:07 | Resolved | 1 - Information D A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Received Valid Visa. - Due Diligence Vendor-04/25/2025 <br>Ready for Review-Document Uploaded. Visa has been provided, please clear condition. - Seller-04/24/2025 <br>Open-Missing valid visa for residency requirements. - Due Diligence Vendor-04/23/2025 | Ready for Review-Document Uploaded. Visa has been provided, please clear condition. - Seller-04/24/2025<br>| Resolved-Received Valid Visa. - Due Diligence Vendor-04/25/2025 | LTV is less than guideline maximum - Max CLTV 75% / Subject CLTV 62.69%<br>Qualifying FICO score is at least 20 points above minimum for program - Min FICO 620 / Borrower FICO 704 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3942137 |
| XXXX | 583912 | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other |  |  |  |
| XXXX | 583913 | XXXX C B A | Closed | FCRE1193 | 2025-04-23 13:57 | 2025-05-23 08:10 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Waived-Originator waiver applied to non material finding with compensating factors. 52.25% DTI exception, max 50%. - Due Diligence Vendor-05/23/2025 <br> Ready for Review-Document Uploaded. Credit exception for the DTI has been provided, please clear condition. - Seller-05/21/2025 <br> Open-Audited DTI of 52.24% exceeds Guideline DTI of 50% Simultaneous closing with XXXX. Lender did not use new payment on primary residence. - Due Diligence Vendor-04/23/2025 | Ready for Review-Document Uploaded. Credit exception for the DTI has been provided, please clear condition. - Seller-05/21/2025<br>| Waived-Originator waiver applied to non material finding with compensating factors. 52.25% DTI exception, max 50%. - Due Diligence Vendor-05/23/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Min FICO 620 / Borrower FICO 645<br>Long term residence - Borrower in primary > 6 years | 39 months of reserves <br> 17 years of employment<br> 640 fico, min 620<br> 6 years in home | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 3940994 |
| XXXX | 583913 | XXXX C B A | Closed | FCRE0044 | 2025-04-25 16:10 | 2025-04-30 15:48 | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Received credit inquiry letter. - Due Diligence Vendor-04/30/2025 <br> Ready for Review-Document Uploaded. LOE for credit inquiries has been provided, please clear condition. - Seller-04/29/2025 <br> Open-LOX for credit inquiries is missing. \*New\* Please provide an LOE for inquiry on XXXX with Discover. - Due Diligence Vendor-04/25/2025 | Ready for Review-Document Uploaded. LOE for credit inquiries has been provided, please clear condition. - Seller-04/29/2025<br>| Resolved-Received credit inquiry letter. - Due Diligence Vendor-04/30/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Min FICO 620 / Borrower FICO 645<br>Long term residence - Borrower in primary > 6 years |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3968094 |
| XXXX | 583913 | XXXX C B A | Closed | FCRE5790 | 2025-04-23 11:07 | 2025-04-25 16:09 | Resolved | 1 - Information C A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Received Gap Report. - Due Diligence Vendor-04/25/2025 <br>Ready for Review-Document Uploaded. Gap report provided, please clear condition. - Seller-04/24/2025 <br>Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). - Due Diligence Vendor-04/23/2025 | Ready for Review-Document Uploaded. Gap report provided, please clear condition. - Seller-04/24/2025<br>| Resolved-Received Gap Report. - Due Diligence Vendor-04/25/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Min FICO 620 / Borrower FICO 645<br>Long term residence - Borrower in primary > 6 years |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3938072 |
| XXXX | 583914 | XXXX C A | Closed | FCRE7009 | 2025-04-23 07:03 | 2025-05-28 15:48 | Resolved | 1 - Information C A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Received amended policy reflecting sufficient coverage. - Due Diligence Vendor-05/28/2025 <br> Ready for Review-Document Uploaded. HOI with updated coverage has been provided, please clear condition. - Seller-05/27/2025 <br> Counter-Finding remains: Insufficient Coverage Amount XXXX for Insured Subject Property. Loan amount XXXX. Replacement cost XXXX. Must cover loan amount or replacement cost per RCE. - Due Diligence Vendor-04/25/2025 <br> Ready for Review-Document Uploaded. The replacement cost is XXXX per the insurance company, see page 5. Please clear condition. - Seller-04/24/2025 <br> Open-Insufficient Coverage Amount for Insured Subject Property. Insufficient Coverage Amount XXXX for Insured Subject Property. Loan amount XXXX. Replacement cost XXXX. - Due Diligence Vendor-04/23/2025 | Ready for Review-Document Uploaded. HOI with updated coverage has been provided, please clear condition. - Seller-05/27/2025 <br> Ready for Review-Document Uploaded. The replacement cost is XXXX per the insurance company, see page 5. Please clear condition. - Seller-04/24/2025 | Resolved-Received amended policy reflecting sufficient coverage. - Due Diligence Vendor-05/28/2025<br>| Long term residence - Borrower in Primary >6 years<br>LTV is less than guideline maximum - Max LTV 75% / Subject LTV 70% |  | XXXX | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 3935200 |
| XXXX | 583914 | XXXX C A | Closed | finding-3532 | 2025-04-22 08:31 | 2025-04-24 14:10 | Resolved | 1 - Information C A | Compliance | TRID | Initial Closing Disclosure Delivery Date Test | Resolved-Received evidence of delivery XXXX. Finding resolved. - Due Diligence Vendor-04/24/2025 <br> Ready for Review-Document Uploaded. E-signed CD issued XXXX along with confirmation of receipt has been provided, pleases clear condition. - Seller-04/24/2025 <br> Open-This loan failed the initial closing disclosure delivery date test due to one of the following findings:(12 CFR §1026.19(f)(1)(ii))The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation. ----- Initial CD XXXX is not signed and there is no evidence in file to determine if it was provided to borrower at least three days prior to closing date of XXXX. Statute of Limitations 3 years- Expiration date is XXXX.. - Due Diligence Vendor-04/22/2025 | Ready for Review-Document Uploaded. E-signed CD issued XXXX along with confirmation of receipt has been provided, pleases clear condition. - Seller-04/24/2025 | Resolved-Received evidence of delivery XXXX. Finding resolved. - Due Diligence Vendor-04/24/2025 | Long term residence - Borrower in Primary >6 years<br>LTV is less than guideline maximum - Max LTV 75% / Subject LTV 70% |  | XXXX | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 3923704 |
| XXXX | 591478 | XXXX C B A | Closed | finding-3634 | 2025-04-28 11:02 | 2025-05-14 11:46 | Cured | 2 - Non-Material C B | Compliance | TRID | Charges That Cannot Increase Test | Cured-Received PCCD XXXX with refund check of XXXX, LOE to borrower and proof of delivery. - Due Diligence Vendor-05/14/2025 <br> Ready for Review-Document Uploaded. - Seller-05/12/2025 <br> Open-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 XXXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §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). \*\*\* UPDATED \*\*\* ----- (Zero (0%) tolerance fees increased by XXXX (Appraisal Fee increase of XXXX, Credit Report Fee increase of XXXX, Second Appraisal Fee increase of XXXX and Third Party Processing Fee increase of XXXX) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $912.50, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations 1 year- Expiration date is XXXX.) - Due Diligence Vendor-05/07/2025 | Ready for Review-Document Uploaded. - Seller-05/12/2025<br>| Cured-Received PCCD XXXX with refund check of XXXX, LOE to borrower and proof of delivery. - Due Diligence Vendor-05/14/2025 | Months Reserves exceed minimum required - Min reserves 9 mths- Borrower's Reserves 19.81 mths<br>Qualifying FICO score is at least 20 points above minimum for program - Min FICO 680- Borrower's FICO 749 |  | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 3979396 |
| XXXX | 591478 | XXXX C B A | Closed | finding-3652 | 2025-04-28 11:02 | 2025-05-14 10:03 | Resolved | 1 - Information C A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Received PCCD 5/12/2025 with Lender credits of $912.50. - Due Diligence Vendor-05/14/2025 <br> Ready for Review-Document Uploaded. - Seller-05/12/2025 <br> Open-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 (XXXX) does not exceed or equal the comparable sum of specific and non-specific lender credits (XXXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §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). ----- Lender credit decreased from XXXX to $0 without a valid COC in file. Provide a COC for decrease OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Reduction in Lender credits must be directly related to fees and must offset closing cost equally. Statute of Limitations 3 years- Expiration date is XXXX.<br> - Due Diligence Vendor-04/28/2025 | Ready for Review-Document Uploaded. - Seller-05/12/2025<br>| Resolved-Received PCCD XXXX with Lender credits of XXXX. - Due Diligence Vendor-05/14/2025 | Months Reserves exceed minimum required - Min reserves 9 mths- Borrower's Reserves 19.81 mths<br>Qualifying FICO score is at least 20 points above minimum for program - Min FICO 680- Borrower's FICO 749 |  | XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 3979393 |
| XXXX | 591478 | XXXX C B A | Closed | FCRE1199 | 2025-04-28 15:30 | 2025-04-29 12:01 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Loan Amount is greater than Guideline Maximum Loan Amount | Waived-Audited Loan Amount is greater than the Guideline Maximum Loan Amount of XXXX Max Loan amount at 75% LTV is XXXX. <br> Originator exception granted and in file. Waiver applied with comp factors. Exception deemed non-material due to not ATR affecting. - Due Diligence Vendor-04/29/2025 |  | Waived-Audited Loan Amount is greater than the Guideline Maximum Loan Amount of XXXX Max Loan amount at 75% LTV is XXXX. <br> Originator exception granted and in file. Waiver applied with comp factors. Exception deemed non-material due to not ATR affecting. - Due Diligence Vendor-04/29/2025 | Months Reserves exceed minimum required - Min reserves 9 mths- Borrower's Reserves 19.81 mths<br>Qualifying FICO score is at least 20 points above minimum for program - Min FICO 680- Borrower's FICO 749 | -Reserves 3+ months above minimum required<br> - Qualifying DTI 5% below maximum allowed<br> - 0X30 mtg history<br> - Yrs on job 10 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | Yes | 3984077 |
| XXXX | 594021 | XXXX C A | Closed | FCRE0105 | 2025-04-29 22:31 | 2025-05-07 12:00 | Resolved | 1 - Information C A | Credit | Eligibility | Condo Structural Reports not in file | Resolved-Received milestone inspection report. - Due Diligence Vendor-05/07/2025 <br> Ready for Review-Document Uploaded. Copy of milestone inspection report attached - Seller-05/06/2025 <br> Open-Subjectis missing required milestone inspection asrequired by XXXX Senate Bill No. 40. Subject Cert. of Occ was on or before XXXX, has a building with 3 or more stories and is 30 years of age.<br> - Due Diligence Vendor-04/30/2025 | Ready for Review-Document Uploaded. Copy of milestone inspection report attached - Seller-05/06/2025<br>| Resolved-Received milestone inspection report. - Due Diligence Vendor-05/07/2025<br>| On time mortgage history exceeds guideline requirement - Credit report reports on time mortgage history for last 54 months.<br>Months Reserves exceed minimum required - Verified assets of 33.89 exceeds the minimum required of 6 months |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 3999531 |
| XXXX | 598871 | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA |  |  |  |
| XXXX | 598873 | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other |  |  |  |
| XXXX | 612551 | XXXX D A | Closed | FCRE1479 | 2025-05-20 11:06 | 2025-06-13 14:29 | Resolved | 1 - Information C A | Credit | Assets | Asset 1 Does Not Meet Guideline Requirements | Resolved-Upon further review, assets documentation meets guideline requirements. No additional documentation is required. - Due Diligence Vendor-06/13/2025 <br> Ready for Review-Please clear condition we are no longer using XXXX account - Seller-06/13/2025 <br> Counter-Received confirmation account not considered-removed from assets available. - Due Diligence Vendor-06/11/2025 <br> Ready for Review-All funds for cash to close did not come from the xx account only used for XXXX...The xx account in file has sufficient funds to cover cash to close even with backing out EMD from final cash to close. Please waive condition with backing out XXXX from final cash to close - Seller-06/10/2025 <br> Counter-Documentation received is insufficient-all documentation reflects XXXX and bank statements reflect XXXX-unable to confirm one in the same. - Due Diligence Vendor-05/29/2025 <br> Ready for Review-If you look further into the operating agreement (Article I section 1) you will see the name as XXXX. Further down under section 4 the formation shows company was formed as a xx. - Seller-05/28/2025 <br> Counter-Documentation is insufficient-Operating agreement received from XXXX-Assets reflect as XXXX. Provide operating agreement and assets may only be considered by amount of ownership as non vested entity. - Due Diligence Vendor-05/27/2025 <br> Ready for Review-Per G/L for DSCR loans you can use 100% of business funds as long as you take vesting in that LLC (bwr took vesting in same LLC listed on XXXX account)...please satisfy condition - Seller-05/23/2025 <br> Open-Asset Record 1 Does Not Meet G/L Requirements Missing evidence of ownership for XXXX for use of funds in XXXX account. At time of review, 100% was considered. EMD of XXXX also came from this account. Additional findings may apply. - Due Diligence Vendor-05/20/2025 | Ready for Review-Please clear condition we are no longer using XXXX account - Seller-06/13/2025 <br> Ready for Review-All funds for cash to close did not come from the XXXX account only used for XXXXEMD...The xx account in file has sufficient funds to cover cash to close even with backing out EMD from final cash to close. Please waive condition with backing out XXXX EMD from final cash to close - Seller-06/10/2025 <br> Ready for Review-If you look further into the operating agreement (Article I section 1) you will see the name as XXXX. Further down under section 4 the formation shows company was formed as a XXXX. - Seller-05/28/2025 <br> Ready for Review-Per G/L for DSCR loans you can use 100% of business funds as long as you take vesting in that LLC (bwr took vesting in same LLC listed on XXXX account)...please satisfy condition - Seller-05/23/2025 | Resolved-Upon further review, assets documentation meets guideline requirements. No additional documentation is required. - Due Diligence Vendor-06/13/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO 720; minimum required 620<br>On time mortgage history exceeds guideline requirement - On time mortgage history for B2 of 0x30x53 exceeds minimum required 1x30x12 |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 4191518 |
| XXXX | 612551 | XXXX D A | Closed | FCRE1480 | 2025-05-20 11:06 | 2025-06-13 14:29 | Resolved | 1 - Information C A | Credit | Assets | Asset 2 Does Not Meet Guideline Requirements | Resolved-Upon further review, assets documentation meets guideline requirements. No additional documentation is required. - Due Diligence Vendor-06/13/2025 <br> Ready for Review-Document Uploaded. Exception Form attached for use of funds from XXXX - Seller-06/13/2025 <br> Open-Asset Record 2 Does Not Meet G/L Requirements Missing evidence deposit from XXXX is not an unsecured loan or other ineligible asset per guides. Additional findings may apply. - Due Diligence Vendor-05/20/2025 | Ready for Review-Document Uploaded. Exception Form attached for use of funds from XXXX - Seller-06/13/2025 | Resolved-Upon further review, assets documentation meets guideline requirements. No additional documentation is required. - Due Diligence Vendor-06/13/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO 720; minimum required 620<br>On time mortgage history exceeds guideline requirement - On time mortgage history for B2 of 0x30x53 exceeds minimum required 1x30x12 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 4191519 |
| XXXX | 612551 | XXXX D A | Closed | FCRE1491 | 2025-05-20 11:06 | 2025-06-13 14:29 | Resolved | 1 - Information C A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-Upon further review, assets documentation meets guideline requirements. No additional documentation is required. - Due Diligence Vendor-06/13/2025 <br> Ready for Review-1. This is a noni, dscr loan with no dti. We are required to provide docs verifying borrowers purchases of other property. These properties do affect our loan due to no dti is required. <br> 2. We are not using the XXXX assets for funds to close or reserves. The wire for funds shows borrower has sufficient funds to close our loan and it did not come from XXXX. <br> Plus the chase account only shows wires to title companies this does not prove a closing simultaneously or a closing at all. - Seller-06/13/2025 <br> Counter-Additional property purchases were simultaneous and must be considered. Finding remains: Received updated settlement statement reflecting EMD of XXXX. 2-4 remain open-(2) sufficient funds to close for other REO being purchased that is disclosed on the account activity for the XXXX account; 3 properties located on XXXX (3) wired funds to closing for cash to close from XXXX are not an unsecured loan or other ineligible asset (4) additional findings may apply. - Due Diligence Vendor-06/12/2025 <br> Ready for Review-Please waive item #2. This is a NONI DSCR loan < $1m...we do not need to account for DTI or reserve requirements so purchase of other properties should not apply as long we can support sufficient funds to close for our subject property. - Seller-06/11/2025 <br> Counter-Received updated settlement statement reflecting EMD of XXXX. 2-4 remain open-(2) sufficient funds to close for other REO being purchased that is disclosed on the account activity for the xx account; 3 properties located on xx (3) wired funds to closing for cash to close from XXXX are not an unsecured loan or other ineligible asset (4) additional findings may apply. - Due Diligence Vendor-06/11/2025 <br> Ready for Review-Document Uploaded. Copy of updated settlement statement attached reflecting XXXX EMD - Seller-06/09/2025 <br> Open-Asset Qualification Does Not Meet Guideline Requirements Missing evidence of (1) additional XXXX deposit to title for closing. Settlement statement shows EMD of XXXX was collected but Purchase Agreement Supplement shows EMD was reduced to only XXXX (2) sufficient funds to close for other REO being purchased that is disclosed on the account activity for the XXXX account; 3 properties located on XXXX (3) wired funds to closing for cash to close from XXXX are not an unsecured loan or other ineligible asset (4) additional findings may apply. - Due Diligence Vendor-05/20/2025 | Ready for Review-1. This is a noni, dscr loan with no dti. We are required to provide docs verifying borrowers purchases of other property. These properties do affect our loan due to no dti is required. <br> 2. We are not using the chase assets for funds to close or reserves. The wire for funds shows borrower has sufficient funds to close our loan and it did not come from xx. <br> Plus the chase account only shows wires to title companies this does not prove a closing simultaneously or a closing at all. - Seller-06/13/2025 <br> Ready for Review-Please waive item #2. This is a XXXX DSCR loan < $1m...we do not need to account for DTI or reserve requirements so purchase of other properties should not apply as long we can support sufficient funds to close for our subject property. - Seller-06/11/2025 <br> Ready for Review-Document Uploaded. Copy of updated settlement statement attached reflecting XXXX EMD - Seller-06/09/2025 | Resolved-Upon further review, assets documentation meets guideline requirements. No additional documentation is required. - Due Diligence Vendor-06/13/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO 720; minimum required 620<br>On time mortgage history exceeds guideline requirement - On time mortgage history for B2 of 0x30x53 exceeds minimum required 1x30x12 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 4191522 |
| XXXX | 612551 | XXXX D A | Closed | FCRE1254 | 2025-05-20 10:52 | 2025-06-13 14:26 | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Received confirmation from title easement only-non monetary judgment. - Due Diligence Vendor-06/11/2025 <br>Ready for Review-Document Uploaded. Copy of email from title rep confirming this judgement will not affect our 1st mortgage position. This is listed under exception of title not a requirement, please satisfy condition - Seller-06/09/2025 <br>Open-Property Title Issue Missing evidence judgment for right of away under Schedule B, Part II, No. 9 has been resolved. - Due Diligence Vendor-05/20/2025 | Ready for Review-Document Uploaded. Copy of email from title rep confirming this judgement will not affect our 1st mortgage position. This is listed under exception of title not a requirement, please satisfy condition - Seller-06/09/2025<br>| Resolved-Received confirmation from title easement only-non monetary judgment. - Due Diligence Vendor-06/11/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO 720; minimum required 620<br>On time mortgage history exceeds guideline requirement - On time mortgage history for B2 of 0x30x53 exceeds minimum required 1x30x12 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 4191260 |
| XXXX | 612551 | XXXX D A | Closed | FCRE0095 | 2025-05-20 10:49 | 2025-06-11 12:33 | Resolved | 1 - Information C A | Credit | Eligibility | Short Term Rental Income does not meet guidelines | Resolved-Received corrected appraisal-both 1007 and short term rental match. - Due Diligence Vendor-06/11/2025 <br> Ready for Review-Document Uploaded. Copy of revised appraisal matching the 1007/STR forms to show $same rental amount of XXXX rent (STR shows annual XXXX) - Seller-06/09/2025 <br> Counter-Appraiser provided Short Term Rental Rent Schedule and 1007-original finding remains. - Due Diligence Vendor-06/03/2025 <br> Ready for Review-We only have one STR form in file...the 1007 is used for LTR qualifications. The appraiser does comment regarding the differences between the two (on 1007 under Final Reconcilation of Market Rent of the 1007) and confirms that there is no long term rentals in the subject property area. Please clear the condition - Seller-06/02/2025 <br> Open-Missing clarification from Appraiser regarding the 2 different Short Term Rents assigned. On the Short Term Rental Rent Schedule the Annual Effective Gross Income is XXXX (which appears to be monthly). On the 1007 the monthly estimate is XXXX. The rental comps, adjustments, and comments do not differ. Appraiser to comment. Per guides the lower of multiple Short Term Rental Calculations are to be used towards qualifying with expense factor considered. Additional findings may apply. - Due Diligence Vendor-05/20/2025 | Ready for Review-Document Uploaded. Copy of revised appraisal matching the 1007/STR forms to show $same rental amount of XXXX mo rent (STR shows annualXXXX / 12 = XXXX) - Seller-06/09/2025 <br> Ready for Review-We only have one STR form in file...the 1007 is used for LTR qualifications. The appraiser does comment regarding the differences between the two (on 1007 under Final Reconcilation of Market Rent of the 1007) and confirms that there is no long term rentals in the subject property area. Please clear the condition - Seller-06/02/2025 | Resolved-Received corrected appraisal-both 1007 and short term rental match. - Due Diligence Vendor-06/11/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO 720; minimum required 620<br>On time mortgage history exceeds guideline requirement - On time mortgage history for B2 of 0x30x53 exceeds minimum required 1x30x12 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 4191204 |
| XXXX | 612551 | XXXX D A | Closed | FCRE0113 | 2025-05-20 10:55 | 2025-06-05 14:34 | Resolved | 1 - Information C A | Credit | Eligibility | Property/Appraisal General (Credit) | Resolved-Received revised appraisal. - Due Diligence Vendor-06/05/2025 <br> Ready for Review-Document Uploaded. Attached is a copy of revised appraisal addressing all questions below - Seller-06/04/2025 <br> Open-Appraiser to (1) comments to support final assigned value as 3 out of the 4 comps are below the appraised value AND sales price; appears appraiser gave all of the weight to Comp 1 with little to no consideration to the other comps (2) comment on subject features requiring search to exceed 1-2 miles, 6 months, and to cross major roadways in a Suburban location (3) comment on Suburban designation; per aerial subject is located on the far outskirts of xx vs being a Suburb of XXXX and is more closely located outside of xx. Schools, grocery and police appear to be over 10 miles from the subject and is part of XXXX Rural taxing/school district per the XXXX Report provided with the Purchase Agreement and Tax Account from Title. (4) comment on location of Comp 2; per XXXX and XXXX Maps comp is located on the opposite side xx and is less than 3 miles from the subject as compared to the Appraiser's location (5) comment on number of bedrooms for Comp 2; per MLS listings 5 bedrooms are shown (6) comment on lack of reference to Comp 3's hilltop views which are superior to the subject and confirm distance (google maps appears to show over 7 miles) (7) Additional findings may apply. - Due Diligence Vendor-05/20/2025 | Ready for Review-Document Uploaded. Attached is a copy of revised appraisal addressing all questions below - Seller-06/04/2025<br>| Resolved-Received revised appraisal. - Due Diligence Vendor-06/05/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO 720; minimum required 620<br>On time mortgage history exceeds guideline requirement - On time mortgage history for B2 of 0x30x53 exceeds minimum required 1x30x12 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 4191306 |
| XXXX | 612551 | XXXX D A | Closed | FCRE1440 | 2025-05-20 10:56 | 2025-06-05 12:47 | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received VOR. - Due Diligence Vendor-06/05/2025 <br>Ready for Review-Document Uploaded. Copy of revised VOR attached - Seller-06/04/2025 <br>Open-Housing History Does Not Meet Guideline Requirements Missing complete VOR for B1. VOR provided missing Part 1 box 1, Part III box 15, and Part III box 16. Must support completed by professional management company. - Due Diligence Vendor-05/20/2025 | Ready for Review-Document Uploaded. Copy of revised VOR attached - Seller-06/04/2025<br>| Resolved-Received VOR. - Due Diligence Vendor-06/05/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO 720; minimum required 620<br>On time mortgage history exceeds guideline requirement - On time mortgage history for B2 of 0x30x53 exceeds minimum required 1x30x12 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 4191325 |
| XXXX | 612551 | XXXX D A | Closed | FCRE2393 | 2025-05-19 05:32 | 2025-05-27 10:40 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing an established escrow impound account for taxes and insurance. | Resolved-Received IEAD - Due Diligence Vendor-05/27/2025 <br>Ready for Review-Document Uploaded. Copy of signed/dated initial escrow attached - Seller-05/23/2025 | Ready for Review-Document Uploaded. Copy of signed/dated initial escrow attached - Seller-05/23/2025<br>| Resolved-Received IEAD - Due Diligence Vendor-05/27/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO 720; minimum required 620<br>On time mortgage history exceeds guideline requirement - On time mortgage history for B2 of 0x30x53 exceeds minimum required 1x30x12 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 4175395 |
| XXXX | 612551 | XXXX D A | Closed | FCOM1352 | 2025-05-20 10:46 | 2025-05-27 10:27 | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received business purpose affidavit. - Due Diligence Vendor-05/27/2025 <br>Ready for Review-Document Uploaded. Copy of Business Purpose Loan Cert attached - Seller-05/23/2025 <br>Open-The Business Purpose Affidavit Disclosure is Missing Missing BP Cert - Due Diligence Vendor-05/20/2025 | Ready for Review-Document Uploaded. Copy of Business Purpose Loan Cert attached - Seller-05/23/2025<br>| Resolved-Received business purpose affidavit. - Due Diligence Vendor-05/27/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO 720; minimum required 620<br>On time mortgage history exceeds guideline requirement - On time mortgage history for B2 of 0x30x53 exceeds minimum required 1x30x12 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 4191170 |
| XXXX | 612551 | XXXX D A | Closed | FCOM1351 | 2025-05-20 10:46 | 2025-05-27 10:27 | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received Guaranty Agreement - Due Diligence Vendor-05/27/2025 <br>Ready for Review-Document Uploaded. Copy of sign dated Guaranty Agreement attached. Bothe borrowers signed...this is an LLC, per guidelines only a Partnership requires all members of the entity to sign a Guaranty form. Please satisfy condition - Seller-05/23/2025 <br>Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. Missing fully executed Guaranty Agreement completed by all individuals holding 25% or more ownership interest in the vesting entity (there should be 3). Additional findings may apply. - Due Diligence Vendor-05/20/2025 | Ready for Review-Document Uploaded. Copy of sign dated Guaranty Agreement attached. Bothe borrowers signed...this is an LLC, per guidelines only a Partnership requires all members of the entity to sign a Guaranty form. Please satisfy condition - Seller-05/23/2025<br>| Resolved-Received Guaranty Agreement - Due Diligence Vendor-05/27/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO 720; minimum required 620<br>On time mortgage history exceeds guideline requirement - On time mortgage history for B2 of 0x30x53 exceeds minimum required 1x30x12 |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 4191171 |

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## Exhibit 99.4

**Exhibit 99.4 Schedule 4**

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| | | | |
|:---|:---|:---|:---|
| **Loan ID** | **Redaction ID** | **Investor Loan ID** | **Original Loan Amount** |
| XXXX | 507471 | XXXX | XXXX A |
| XXXX | 507474 | XXXX | XXXX A |
| XXXX | 507908 | XXXX | XXXX C A B |
| XXXX | 507919 | XXXX | XXXX C A |
| XXXX | 507936 | XXXX | XXXX C A |
| XXXX | 507944 | XXXX | XXXX C A |
| XXXX | 509884 | XXXX | XXXX A C |
| XXXX | 511549 | XXXX | XXXX C A |
| XXXX | 511556 | XXXX | XXXX C A |
| XXXX | 511575 | XXXX | XXXX C A |
| XXXX | 512263 | XXXX | XXXX C A |
| XXXX | 516597 | XXXX | XXXX C A B |
| XXXX | 517529 | XXXX | XXXX C A B |
| XXXX | 524268 | XXXX | XXXX D A C B |
| XXXX | 529949 | XXXX | XXXX C A B |
| XXXX | 531808 | XXXX | XXXX A |
| XXXX | 535407 | XXXX | XXXX D C A |
| XXXX | 537969 | XXXX | XXXX C A |
| XXXX | 540228 | XXXX | XXXX A D B |
| XXXX | 545659 | XXXX | XXXX A |
| XXXX | 545749 | XXXX | XXXX A C |
| XXXX | 549477 | XXXX | XXXX A |
| XXXX | 551382 | XXXX | XXXX D A C B |
| XXXX | 553480 | XXXX | XXXX A |
| XXXX | 557294 | XXXX | XXXX A |
| XXXX | 559280 | XXXX | XXXX C A |
| XXXX | 560637 | XXXX | XXXX C A B |
| XXXX | 563541 | XXXX | XXXX A |
| XXXX | 563545 | XXXX | XXXX C A |
| XXXX | 564712 | XXXX | XXXX D A B |
| XXXX | 567383 | XXXX | XXXX A |
| XXXX | 570750 | XXXX | XXXX A |
| XXXX | 570754 | XXXX | XXXX A |
| XXXX | 572888 | XXXX | XXXX A |
| XXXX | 576342 | XXXX | XXXX D A |
| XXXX | 576343 | XXXX | XXXX D A |
| XXXX | 578894 | XXXX | XXXX C A B |
| XXXX | 580180 | XXXX | XXXX A |
| XXXX | 581496 | XXXX | XXXX A |
| XXXX | 582639 | XXXX | XXXX C A |
| XXXX | 583911 | XXXX | XXXX D A |
| XXXX | 583912 | XXXX | XXXX A |
| XXXX | 583913 | XXXX | XXXX C A B |
| XXXX | 583914 | XXXX | XXXX C A |
| XXXX | 591478 | XXXX | XXXX C A B |
| XXXX | 594021 | XXXX | XXXX C A |
| XXXX | 598871 | XXXX | XXXX A |
| XXXX | 598873 | XXXX | XXXX A |
| XXXX | 612551 | XXXX | XXXX D A |

---

## Exhibit 99.4

**Exhibit 99.4 Schedule 5**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Redaction ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXXX | 507471 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.3 | XXXX |
| XXXX | 507474 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 55.56 | 55.56 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXXX |
| XXXX | 507908 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70.85 | 70.85 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 507919 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 71.43 | 71.43 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXXX |
| XXXX | 507936 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 68.18 | 68.18 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 | XXXX |
| XXXX | 507944 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 73.17 | 73.17 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXXX | Not Eligible |  |  |
| XXXX | 509884 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70.0 | 70.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 511549 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 66.67 | 66.67 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.3 | XXXX |
| XXXX | 511556 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70.85 | 70.85 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXXX |
| XXXX | 511575 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.1 | XXXX |
| XXXX | 512263 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | Other | XXXX | XXXX | XXXX | 64.35 | 64.35 | XXXX | XXXX | .0000 | Broker Price Opinion (BPO) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 516597 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 56.03 | 56.03 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 517529 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | Other | XXXX | XXXX | XXXX | 47.73 | 47.73 | XXXX | XXXX | -.0435 | Broker Price Opinion (BPO) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -.0435 | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 524268 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | Other | XXXX | XXXX | XXXX | 65.0 | 65.0 | XXXX | XXXX | -.2000 | Broker Price Opinion (BPO) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -.2000 | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 529949 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 21.84 | 21.84 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXXX |
| XXXX | 531808 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 535407 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 537969 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 90.0 | 90.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXXX | Eligible | 1.3 | XXXX |
| XXXX | 540228 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 545659 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXXX |
| XXXX | 545749 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 23.0 | 23.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 549477 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 29.84 | 29.84 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 551382 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 90.0 | 90.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Reasonable | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.2 | XXXX |
| XXXX | 553480 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 70.0 | 70.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 557294 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70.0 | 70.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 559280 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 560637 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 85.0 | 85.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXXX | Eligible | 1 | XXXX |
| XXXX | 563541 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 24.51 | 24.51 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 563545 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70.0 | 70.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXXX |
| XXXX | 564712 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | XXXX |
| XXXX | 567383 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 60.0 | 60.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 570750 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 64.06 | 64.06 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.8 | XXXX |
| XXXX | 570754 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70.0 | 70.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXXX |
| XXXX | 572888 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 76.5 | 76.5 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 | XXXX |
| XXXX | 576342 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 576343 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80.0 | 80.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.7 | XXXX |
| XXXX | 578894 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXXX |
| XXXX | 580180 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 37.97 | 37.97 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 581496 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.3 | XXXX |
| XXXX | 582639 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70.0 | 70.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 583911 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 62.69 | 62.69 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 583912 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXXX |
| XXXX | 583913 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70.0 | 70.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 583914 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70.0 | 70.0 | XXXX | XXXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | XXXX |
| XXXX | 591478 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0000 | 1004 URAR |  |  |  |  | XXXX | XXXX | .0000 | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 594021 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 70.0 | 70.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 598871 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80.0 | 80.0 | XXXX | XXXX | -.0484 | AVM |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -.0484 | 97.0 | 0.03 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 598873 | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70.0 | 70.0 | XXXX | XXXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 612551 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 85.0 | 85.0 | XXXX | XXXX | .0018 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0018 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.9 | XXXX |

---

## Exhibit 99.5

**Exhibit 99.5**

![](ex99-5_002.jpg)

![](ex99-5_001.jpg)

****<br>**September 04, 2025**<br>**Due Diligence Narrative Report**<br>

![](ex99-5_002.jpg)

**Table of Contents**

---

| | |
|:---|:---|
| **Clayton Contact Information** | **2** |
| **Overview** | **2** |
| **Originators** | **2** |
| **Clayton's Third Party Review ("TPR") Scope of Work** | **3** |
| &nbsp;&nbsp;&nbsp;*Sampling* | *3* |
| &nbsp;&nbsp;&nbsp;*Sponsor Acquisition Criteria* | *3* |
| &nbsp;&nbsp;&nbsp;*Loan Grading* | *3* |
| &nbsp;&nbsp;&nbsp;*TPR Component Review Scope* | *4* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Review | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Property Valuation Review | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Regulatory Compliance Review | 5 |
| &nbsp;&nbsp;&nbsp;*Data Integrity* | *7* |
| &nbsp;&nbsp;&nbsp;*Data Capture* | *7* |
| **Data Compare Results** | **8** |
| **Clayton Due Diligence Results** | **9** |
| **Clayton Third Party Reports Delivered** | **10** |
| **Appendix A: Credit Review Scope** | **11** |
| **Appendix B: Origination Appraisal Assessment** | **14** |
| **Appendix C: Regulatory Compliance Review Scope** | **17** |

---

 ****

PRPM 2025-NQM4 Due Diligence Narrative Report Page \| 1 September 04, 2025

![](ex99-5_002.jpg)

 ****

**Clayton Contact Information**

Client Service Management:

---

| | | |
|:---|:---|:---|
| ![](ex99-5_003.jpg) | **Michael Santarsiere** | Client Service Director |
|  |  | Phone: (813) 371-0280/E-mail: <u>msantarsiere@clayton.com</u> |

---

---

| | | |
|:---|:---|:---|
| ![](ex99-5_004.jpg) | **Joe Ozment** | Vice President – Client Services & Securitization |
|  |  | Phone: (813) 261-0733/E-mail: <u>jozment@clayton.com</u> |

---

**Overview**

Clayton Services LLC (Clayton") conducted an independent third-party pre-securitization due diligence review of residential loans selected for the PRPM 2025-NQM4 transaction. The loans referenced in this narrative report were reviewed on a flow basis from January 2025 to June 2025. This narrative report provides information about the scope of work performed by Clayton, and the results of Clayton's review. The population of 62 loans were purchased on a Reliance Letter.

**Originators**

Origination channels for the loans in this review:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Origination Channel** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;Broker | &nbsp;&nbsp;59 | &nbsp;&nbsp;95.16% |
| &nbsp;&nbsp;Retail | &nbsp;&nbsp;3 | &nbsp;&nbsp;4.84% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**62** | &nbsp;&nbsp;**100.00%** |

---

PRPM 2025-NQM4 Due Diligence Narrative Report Page \| 2 September 04, 2025

![](ex99-5_002.jpg)

**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, and were performed in accordance with rating agency loan level review standards in place as of the date of the review. This is referred to as a "Full Review."

SAMPLING

For all originators in this transaction, 100% of the loans received a Full Review as described below.

Review Type Loan Counts

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;***Review Type*** | &nbsp;&nbsp; ***Loan Count***<br> ***Reviewed by Clayton***  | &nbsp;&nbsp;***Scope Applied*** |
| &nbsp;&nbsp;**Full Review** | &nbsp;&nbsp;62 | &nbsp;&nbsp;Clayton performed a Full Review based on the scope described below in the section titled "TPR Component Review Scope". |
| &nbsp;&nbsp;**Total Loan Population** | &nbsp;&nbsp;62 |  |

---

Sponsor acquisition criteria

The loan was underwritten to origination guidelines. Clayton was supplied with all the guidelines in advance of our review.

Clayton was supplied with all of the changes to the guidelines with advance notice.

Loan Grading

The Sponsor Acquisition Criteria referenced above served as the benchmark for grading loans from a credit underwriting, property valuation and regulatory compliance perspective, as applicable. 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's loan grading is solely based on Clayton's independent assessment of all guideline exceptions and compensating factors for each of the component reviews. 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 compensating factors and waivers.

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

PRPM 2025-NQM4 Due Diligence Narrative Report Page \| 3 September 04, 2025

![](ex99-5_002.jpg)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **Credit** | **Credit** | **Property** | **Property** | **Compliance** | **Compliance** |
| **Grade Description** | **Multiple\*** | **S&P** | **Multiple\*** | **S&P** | **Multiple\*** | **S&P** |
| No exceptions noted | A | A | A | A | A | A |
| Satisfied (previously material) exceptions | A | A | A | A | A | A |
| Non-material exceptions noted | B | B | B | B | B | B |
| Material, exceptions noted | C | C | C | C | C | C |
| Material documentation missing | D | D | D | D | D | D |

---

\* *This grade definition is used by multiple entities, including Moody's, Kroll, DBRS, Morningstar, and Fitch*

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.

&nbsp;&nbsp;&nbsp;&nbsp;Credit Review

Clayton's Credit scope of review conducted on 62 loans in this transaction included the following elements (for more detail, please refer to Appendix A and to the guidelines cited above):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Compared the loan documentation found in the loan file to the origination guidelines;

&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 stated seller origination
guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Analyzed asset statements in order to determine that funds to close and reserves were within origination guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Confirmed that credit scores (FICO) and credit histories were within origination guidelines;

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Examined income, employment, assets, and occupancy status for reasonability;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Reviewed the occupancy, VOE and self/employed business documents within the loan file, as applicable;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Listed the property type as Coop, as applicable;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Reviewed for condo warranty documentation, as applicable;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Noted the field of employment and business company name for employment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ The debt service coverage ratios (DSCR) are independently calculated and reviewed by Clayton and compared against the Sponsor Acquisition
Criteria.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Review 1003/Application/Declarations and other documentation in the file to support occupancy is for investment purposes.

PRPM 2025-NQM4 Due Diligence Narrative Report Page \| 4 September 04, 2025

![](ex99-5_002.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;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 (62 loans)

- Clayton reviewed the original appraisal provided to determine whether the original appraisal was complete, thorough and the original appraised value was reasonably supported.

- 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 (62 loans)

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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· CU Score

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Desk Review

For further detail please refer to the PRPM 2025-NQM4 Valuations Summary Report.

&nbsp;&nbsp;&nbsp;&nbsp;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:

- Notice of Right to Cancel (Right of Rescission) adherence if applicable;

- TIL Disclosure Timing (3/7/3) and disclosure content;

- TIL APR and Finance charge tolerances;

- Timeliness of ARM Disclosures (if applicable);

- Section 32 APR and Points and Fees Thresholds and prohibited practices;

- Section 35 Higher Priced Mortgage Loans thresholds and applicable escrow and appraisal requirements;

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

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;

PRPM 2025-NQM4 Due Diligence Narrative Report Page \| 5 September 04, 2025

![](ex99-5_002.jpg)

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

- Prepayment Penalty restrictions.

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:

- GFE initial disclosure timing and content;

- Confirmed the file contains the final HUD1 Settlement Statement;

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

- Homeownership Counseling Notice;

- Affiliated Business Disclosure if applicable.

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") firms' 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 15<sup>th</sup>, 2016 SFIG published its RMBS 3.0 TRID Compliance Review Scope© 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.

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

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

PRPM 2025-NQM4 Due Diligence Narrative Report Page \| 6 September 04, 2025

![](ex99-5_002.jpg)

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

As of December 18, 2020, Clayton modified its system to not run regulatory compliance testing on business entities, including LLC's, unless there is also a co-borrower that is a natural person or a trust that is considered to be a "consumer" under TILA. Rather than migrating compliance findings to an A on such loans as was the previous process, going forward no compliance grades are assigned in these instances.

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;▪ Tape data received from lender/client is stored in eCLAS;

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

&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;▪ 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.

PRPM 2025-NQM4 Due Diligence Narrative Report Page \| 7 September 04, 2025

![](ex99-5_002.jpg)

**Data Compare Results**

Clayton provided PRP-LB VI AIV, LLC with a copy of the Loan Level Tape Compare Upload which shows the differences between the data received by the seller versus the data captured by Clayton during the loan review.

Summary of data compare results:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Field Name** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% Accuracy** |
| &nbsp;&nbsp;ATR/QM Status | &nbsp;&nbsp;1 | &nbsp;&nbsp;98.39% |
| &nbsp;&nbsp;Borrower 1 Self Employed Flag | &nbsp;&nbsp;2 | &nbsp;&nbsp;96.77% |
| &nbsp;&nbsp;Borrower 1 Total Income | &nbsp;&nbsp;1 | &nbsp;&nbsp;98.39% |
| &nbsp;&nbsp;Borrower DSCR Percent | &nbsp;&nbsp;2 | &nbsp;&nbsp;96.77% |
| &nbsp;&nbsp;Cash Reserves | &nbsp;&nbsp;16 | &nbsp;&nbsp;74.19% |
| &nbsp;&nbsp;Combined LTV | &nbsp;&nbsp;4 | &nbsp;&nbsp;93.55% |
| &nbsp;&nbsp;Debt to Income Ratio (Back) | &nbsp;&nbsp;3 | &nbsp;&nbsp;95.16% |
| &nbsp;&nbsp;Disbursement Date | &nbsp;&nbsp;6 | &nbsp;&nbsp;90.32% |
| &nbsp;&nbsp;Documentation Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;98.39% |
| &nbsp;&nbsp;DTI Qualifying (Back) | &nbsp;&nbsp;2 | &nbsp;&nbsp;96.77% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;98.39% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;98.39% |
| &nbsp;&nbsp;Months Reserves | &nbsp;&nbsp;16 | &nbsp;&nbsp;74.19% |
| &nbsp;&nbsp;Next Payment Change Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;98.39% |
| &nbsp;&nbsp;Original Appraisal Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;96.77% |
| &nbsp;&nbsp;Original Appraised Value | &nbsp;&nbsp;3 | &nbsp;&nbsp;95.16% |
| &nbsp;&nbsp;Product Type | &nbsp;&nbsp;4 | &nbsp;&nbsp;93.55% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;2 | &nbsp;&nbsp;96.77% |
| &nbsp;&nbsp;Total Cash Out | &nbsp;&nbsp;22 | &nbsp;&nbsp;64.52% |
| &nbsp;&nbsp;Total Monthly Income | &nbsp;&nbsp;1 | &nbsp;&nbsp;98.39% |

---

PRPM 2025-NQM4 Due Diligence Narrative Report Page \| 8 September 04, 2025

![](ex99-5_002.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 grade

**Initial and Final Overall Loan Grade Results**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **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** | 38 |  | 2 | 8 | **48** |
| **Final** | **B** |  | 6 | 5 | 3 | **14** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **38** | **6** | **7** | **11** | **62** |

---

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** | 41 |  | 1 | 8 | **50** |
| **Final** | **B** |  | 7 | 3 | 2 | **12** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **41** | **7** | **4** | **10** | **62** |

---

**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** | 57 |  | 1 | 2 | **60** |
| **Final** | **B** |  | 1 | 1 |  | **2** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **57** | **1** | **2** | **2** | **62** |

---

PRPM 2025-NQM4 Due Diligence Narrative Report Page \| 9 September 04, 2025

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**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** | 25 |  | 2 | 2 | **29** |
| **Final** | **B** |  |  | 2 |  | **2** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **25** | **0** | **4** | **2** | **31** |

---

\*Compliance results may not tie to total loan count based on business entity loans not being subject to a regulatory compliance review (31 Loans)

**Clayton Third Party Reports Delivered**

Clayton furnished the following reports on this transaction:

&nbsp;&nbsp;&nbsp;&nbsp;1. Narrative Report

&nbsp;&nbsp;&nbsp;&nbsp;2. ASF Upload Report

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

&nbsp;&nbsp;&nbsp;&nbsp;4. Conditions Report

&nbsp;&nbsp;&nbsp;&nbsp;5. Valuation Summary

&nbsp;&nbsp;&nbsp;&nbsp;6. Loan Level Tape Compare

&nbsp;&nbsp;&nbsp;&nbsp;7. Waived Conditions Summary

&nbsp;&nbsp;&nbsp;&nbsp;8. Attestation Forms

&nbsp;&nbsp;&nbsp;&nbsp;9. 15E Form

PRPM 2025-NQM4 Due Diligence Narrative Report Page \| 10 September 04, 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;o DTI

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o LTV/TLTV/HLTV

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Credit score

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Income and employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Assets and reserves

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

- Citizenship status

- Non-occupant co-borrower

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

Maximum loan amount

- Loan purpose

- Occupancy

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

- Initial loan application was in the loan file and was signed by all borrowers

- Final loan application was in the loan file and was complete

- Information and debts disclosed on loan application aligned with related documentation in the loan file

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

- Income documentation

- Verbal and/or written verifications of employments (VVOE, VOE)

- CPA letter

- Business licenses

- Tax transcripts (IRS Form 4506-T)

- Other documentation in loan file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Income review included:

- Required income documentation for all borrowers was present and within required time period

- Documents did not appear to have been altered or inconsistent

- IRS Form 4506-T

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

- Income was recalculated and was documented with applicable documentation, including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Financial statements

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ 1099

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

&nbsp;&nbsp;&nbsp;&nbsp;o Asset review included:

- 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;&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;&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;&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;&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;&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;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Other documentation in loan file

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

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

- Complete copy of report was in loan file

- Report was dated within required timeframe

- All borrowers were included in the report

- Checked any fraud alerts against related loan file documentation

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

- Compared liabilities listed on the credit report against the loan application for accurate debt ratio calculation

- Captured and utilized appropriate credit score for guideline review

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

- Title interest – determined if

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Leasehold estate

- Appropriate vestee(s) were listed on title policy

Amount of coverage was greater than or equal to the original principal amount of the mortgage

- Applicable title endorsements were present

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

- Reviewed the chain of title and duration of ownership by seller or borrower (whichever was applicable)

- Captured monthly tax payments in debt ratio calculation

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

- Funds to close identified and analyzed against borrower's assets

- Seller contributions did not exceed maximum allowed

- Subject property, seller and borrower aligned with other loan documentation

- Disbursements and pay-offs included in debt ratio calculations

PRPM 2025-NQM4 Due Diligence Narrative Report Page \| 12 September 04, 2025

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- Loan purpose confirmed

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

- Verified presence of required hazard insurance and flood insurance (if required)

- Confirmed that any required insurance was for the:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Correct property

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Correct lender

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Correct loan number

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

Confirmed that any required insurance minimum coverage amount and policy period

- Reviewed for evidence that any required insurance policy premium was paid

- Confirmed that the mortgagee clause listed the lender's name and "its successors and assigns"

Confirmed that the payment amount on any required insurance was included in the debt ratio calculation

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

- Determined if mortgage insurance is required

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;o Borrower identity

- Social Security inconsistencies

- Borrower name variations

&nbsp;&nbsp;&nbsp;&nbsp;o Occupancy

- Borrower address history

- Subject property ownership history

&nbsp;&nbsp;&nbsp;&nbsp;o Employment

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

- Mortgage lender/originator

- Loan officer

&nbsp;&nbsp;&nbsp;&nbsp;o OFAC

PRPM 2025-NQM4 Due Diligence Narrative Report Page \| 13 September 04, 2025

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**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;o Appraisal report used standard GSE forms, appropriate to the property type:

- 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)

- 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)

- 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

– FNMA 2090 – Individual Cooperative Appraisal Report. Used for individual cooperative units

– FNMA 2000/FHLMC 1032 – One Unit Residential Appraisal Field Review

– FNMA 2000a/FHLMC 1072 – Two to Four Unit Residential Appraisal Field Review

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

– Appraisal report form, certification, statement of limiting conditions and scope of work

- Accurate identification of the subject property

- Accurate identification of the subject loan transaction

- Accurate identification of the property type, in both land and improvements

- All required attachments including:

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

- Evidence that appraisal report was made "As Is" or provided satisfactory evidence of completion for all material conditions

- Appraisal date met supplied Sponsor Acquisition Criteria

- 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;o Title XI of FIRREA:

- 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

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- Determined that either the appraiser or supervisory appraiser was appropriately licensed by verifying the appraiser's license included in the appraisal.

- 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;o USPAP

- 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;o Appraised value was reasonably supported. Utilized the following review in making value supported determination:

- Comps used were located reasonably close to the subject property and if not the reason was satisfactorily explained

- Comps used were reasonably recent in transaction date and if not the reason was furnished

- Comps used were reasonably similar to the subject property and if not an explanation was supplied

- Appraised value of the subject was bracketed by the sales prices of the comps and if not the reason was furnished

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

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

- Appraisal was made on an "As Is" basis or provides satisfactory evidence of completion of all material conditions

- Property usage was reviewed for zoning compliance

- Property utilization was reviewed to determine it was "highest and best use"

- Neighborhood values were reviewed to determine if declining

- Market conditions were reviewed to determine indication of possible marketability issues:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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;&nbsp;&nbsp;&nbsp;&nbsp;&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;&nbsp;&nbsp;&nbsp;&nbsp;&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;&nbsp;&nbsp;&nbsp;&nbsp;&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;&nbsp;&nbsp;&nbsp;&nbsp;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Predominant occupancy

- Physical condition of the property was reviewed to determine that the property condition was average or better

– Style of property was reviewed to determine if unique property

- Any health and safety issues were noted and/or remediated

- 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;o 3 to 4 unit owner occupied properties

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

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

&nbsp;&nbsp;&nbsp;&nbsp;o Manufactured or mobile homes

&nbsp;&nbsp;&nbsp;&nbsp;o Condotel units

&nbsp;&nbsp;&nbsp;&nbsp;o Unique properties

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

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&nbsp;&nbsp;&nbsp;&nbsp;o Mixed-use properties

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

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

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

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;o 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;o 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;o 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;o 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;o 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;o Clayton does not check to see if the appraiser is on the Freddie Mac exclusionary list.

G. Desk Review definitions

&nbsp;&nbsp;&nbsp;&nbsp;o 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;o 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 ensure 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.

PRPM 2025-NQM4 Due Diligence Narrative Report Page \| 16 September 04, 2025

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**Appendix C: Regulatory Compliance Review Scope**

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

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

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

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

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

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

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

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o TILA/RESPA Integrated Disclosure Rule: "The Initial TRID Scope"

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Test whether or not the loan is subject to disclosure on TRID documents, the Loan Estimate ("LE") and Closing Disclosure
("CD")

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Pre-application Requirement Testing:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Pre-application forms cannot look similar to the LE

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Pre-application forms must contain the required disclaimer ("Your actual rate, payment, and costs could be higher. Get an official
Loan Estimate before choosing a loan").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Timing Requirements:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The LE was delivered or placed in the mail within 3 business days of the broker or lender receiving an application.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The loan does not consummate (Clayton looks to the later of the note date or notary date) until the later of seven business days after
the LE is delivered or placed in the mail and three business days after the CD (or Corrected CD when a new three-day waiting period is
triggered) is received.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· That a revised LE or CD is provided within three business days of the lender having knowledge of the information that led to the change.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Fee Tolerances:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Zero and ten percent tolerance fees are only reset with a valid and timely change of circumstance.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· If a credit or refund is made, that it is sufficient to cover Clayton's calculated under-disclosure.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Payment Schedule Accuracy:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The number of columns and timing of changes to payments as well as the mortgage insurance drop-off match Clayton's calculated
payment schedule.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Interest-only periods and final balloon payments are accurately completed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The total of the principal and interest payment, mortgage insurance and escrow amounts add up correctly.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· When applicable, that the AIR and AP tables are consistent with Clayton's calculations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Accuracy of the Loan Calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Amount Financed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Finance Charge

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Total of Payments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Total interest percentage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Technical Requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Compliance with the TRID rounding rules.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Compliance with specified formatting requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Compliance with date entry requirements (such as when a field, if not applicable, must be present and left blank).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Alphabetization of fees.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Title fees preceded by "Title –."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Column or similar limits such as four columns for Projected Payments and a maximum of thirteen Origination Charges on the LE.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Consistency within and across forms

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Once a fee is disclosed it must remain substantially the same name across disclosures.

PRPM 2025-NQM4 Due Diligence Narrative Report Page \| 18 September 04, 2025

![](ex99-5_002.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Consistency between the Costs at Closing and Calculating Cash to Close tables, for which there is a version for transactions with
a seller and an optional, but not required, version for transactions without a seller. They should be consistent within and across disclosures.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Where amounts in a table reference that they are derived from another section of the form, that the amounts match the amount in the
section referenced.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Escrow amounts disclosed in the Projected Payments section tie out to the escrow amounts detailed in the Loan Disclosures section.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Completion of the LE and CD

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· All required fields not specifically listed herein are completed or left blank in accordance with TRID rules; creditor information,
contact information, rate lock information, etc.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· For areas where multiple options are provided, such as Assumption, Negative Amortization and Liability after Foreclosure, only one
option is indicated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· That there is either a signature or a Loan Acceptance statement on the form.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Waivers

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Clayton will capture if the borrower waived their waiting period and the sufficiency of the waiver under TRID. However, based on past
experience with clients, Clayton will also issue an exception for the loan closing early.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Corrected CD requiring a new waiting period

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Whether the APR increased or decreased outside of tolerance requiring a new waiting period and whether that waiting period was provided.
For APR decreases Clayton will look to whether the APR decreased due to a reduced finance charge, which will be considered to be within
tolerance.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Whether the product or a product feature changed which requires a new waiting period and whether that waiting period was provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Whether a prepayment penalty was added requiring a new waiting period and whether that waiting period was provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Post-Close CD's

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Corrected CD's provided with a post-close refund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Post-close CD's to correct numerical errors based on events (such as recording) occurring within 30 days of consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Post-close CD's to correct non-numerical clerical errors required within 60 days of consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Related Documentation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Provision and timing of Your Home Loan Toolkit (first lien, purchase-money loans)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Written List of Providers, when there are items in in the Services You Can Shop For category (can impact fee tolerances)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Affiliated Business Disclosure (can impact fee tolerances)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Outside of Clayton's default TRID scope:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Accuracy of the LE in terms of whether fees are within the correct category and loan terms where we would need a Note to verify. More
detailed testing will occur by comparing the final CD to the Note terms.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Whether the Liability after Foreclosure selection is correct for the property state.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Accuracy of the Aggregate Adjustment amount.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Presence and accuracy of the Seller's Transaction columns of the Summaries of Transactions section.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Accuracy of the Contact Information for the lender, broker and settlement agent. Clayton will look for discrepancies across forms,
but is not independently verifying the information.

PRPM 2025-NQM4 Due Diligence Narrative Report Page \| 19 September 04, 2025

![](ex99-5_002.jpg)

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

---

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

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

---

PRPM 2025-NQM4 Due Diligence Narrative Report Page \| 20 September 04, 2025

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**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;· Minnesota (Mortgage Originator and Service Licensing Act)

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

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

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

---

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

Several states have laws that neither create a separate class of high cost or higher-priced mortgagee 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;**Consumer Protection** | &nbsp;&nbsp;**Consumer Protection** |
| &nbsp;&nbsp;Alabama (the "Mini-code") | &nbsp;&nbsp;Nebraska (Mortgage Bankers Registration and Licensing Act and the Installment Loan Act) |
| &nbsp;&nbsp;Hawaii (Financial Services Loan Company Act) | &nbsp;&nbsp;Nevada (AB 440 |
| &nbsp;&nbsp;Idaho (Residential Mortgage Practices Act) | &nbsp;&nbsp;Ohio (Consumer Sales Practices Act; whether the loan is in Summit County) |
| &nbsp;&nbsp;Illinois (both versions of the Cook County Predatory Lending Database; Illinois Residential Mortgage Licensing Act) | &nbsp;&nbsp;Texas (Article XVI, Section 50(a)(6) of the Texas Constitution) |
| &nbsp;&nbsp;Iowa (Consumer Credit Code) | &nbsp;&nbsp;Utah (Consumer Credit Code) |
| &nbsp;&nbsp;Kansas (Consumer Credit Code) | &nbsp;&nbsp;Virginia (Mortgage Lender and Broker Act) |
| &nbsp;&nbsp;Kentucky (HB 552) | &nbsp;&nbsp;Washington (Consumer Loan Act and Responsible Mortgage Lending Act) |
| &nbsp;&nbsp;Maryland (DLLR Regulations, Commercial Law) | &nbsp;&nbsp;West Virginia (Consumer Credit Protection Act) |

---

PRPM 2025-NQM4 Due Diligence Narrative Report Page \| 21 September 04, 2025

![](ex99-5_002.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Consumer Protection** | &nbsp;&nbsp;**Consumer Protection** |
| &nbsp;&nbsp;Massachusetts (Attorney General regulations) | &nbsp;&nbsp;Wyoming (Residential Mortgage Practices Act) |
| &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.)

**<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.© 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

PRPM 2025-NQM4 Due Diligence Narrative Report Page \| 22 September 04, 2025

## Exhibit 99.5

**Exhibit 99.5 Schedule 1**

---

| | |
|:---|:---|
| **Client Name:** | |
| **Client Project Name:** | **PRPM 2025-NQM4** |
| **Start - End Dates:** | **1/31/2025 - 6/2/2025** |
| **Deal Loan Count:** | **62** |
| **Conditions Report 2.0** | **Conditions Report 2.0** |
| ***Loans in Report:*** | *62* |
| ***Loans with Conditions:*** | *24* |

---

---

| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Original Principal Balance** | **State** | **Initial Lender ATR/QM Status** | **Loan Level ATR/QM Status** | **Initial Securitization Compliance Loan Grade** | **Final Securitization Compliance Loan Grade** | **Initial S&P Compliance Loan Grade** | **Final S&P Compliance Loan Grade** | **Condition Category** | **Condition Sub Category** | **Condition Status** | **Condition Code** | **Condition Description** | **Condition Material Indicator** | **Initial Comments** | **Client/Seller Response Comments** | **Conclusion Comments** | **TRID Error Type** | **Cure Method** | **Compensating Factors** |
| 138835 | XXXXXX | IN | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 711 exceeds the minimum of 700<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Cash Back $441601.45, 87.62 months reserves, 6 months required<br>CFCFS1750: High potential for increased earnings<br> - Clayton Comments: Lease supports rental income of XXX for a 24 months period. Market rents support XXX. |
| 134406 | XXXXXX | FL | (No Data) | ATR/QM: Exempt B | A | A B | A | A | Credit | LTV/CLTV | Active B | CRDLTV3028 | LTV Exceeds Guideline Requirement by 10% or more | No | LTV is 85% and maximum LTV for Near Noni DSCR <1.0000% is 75%; DSCR is calculated as market rents XXX PITIA XXXX = 0.8269%; guidelines state that purchase transactions use market rents for DSCR calculation.Lender provided lease at XXX starting XXX signed XXX (Prior to closing) along with proof of deposit of security deposit and first months rent totaling XXXClayton deems non-material/non-fatal to lending decision as if guidelines would allow the use of actual rents on a purchase the DSCR calc would be over 1.0 allowing an 85% LTV. Compensating factors include: 20.38 months cash reserves, 15 years ownership of primary and credit score of 736. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrowers have 15 years at current residence.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post closing assets $41,898.47, 20.38 months; No reserves required. |
| 138820 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets are $16,996.83, 8.87 months; no reserves required. |
| 142023 | XXXXXX | NY | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1736: Significant time at current residence<br> - Clayton Comments: 13 years living at primary residence<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 6.62 months of reserves in file. 6 months required.<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: 53.57% LTV per review; 75% LTV is maximum allowed per guidelines. |
| 138852 | XXXXXX | MA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1736: Significant time at current residence<br> - Clayton Comments: The borrowers have resided at current residence for 7 years.<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: 80% LTV below guideline requirements of 85% per program.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Median FICO of 713 exceeds the guideline program minimum of 680. |
| 142014 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1736: Significant time at current residence<br> - Clayton Comments: 30 years living at primary residence.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 64.11 months of reserves in file. 6 months required.<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: 35.61% LTV per review; 65% LTV is maximum allowed per guidelines. |
| 142025 | XXXXXX | FL | (No Data) | ATR/QM: Exempt C | N/A | N/A C | N/A | N/A | Property Valuations | Appraisal | Satisfied C A | PRVAAPPR171 | Subject Photos Unacceptable | No | Appraisal photos are black and white; provide color photos for subject and all comps. | 5-12-25 Client uploaded color appraisal. | 5-14-25 Clayton reviewed appraisal. Exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post closing reserves $16,137.12, 8.32 months; 6 month reserves are required |
| 142026 | XXXXXX | FL | (No Data) | ATR/QM: Exempt C B | N/A | N/A C B | N/A | N/A | Property Valuations | Property | Active B | PRVAPROP179 | Condition of Subject Below Average | No | Property condition considered a C5 by Lender which is not allowed per guidelines due to den not being in good repair.Appraisal rated C4 and indicated that the Den was unavailable for inspection on XXX. The hypothetical condition was presumed to have been the same as previously inspected and shown in the photos. Lender approved exception in file as borrower unable to provide updates to subject prior to ownership. Clayton deems non-material/non-fatal to lending decision due to the following compensating factors: Credit score 774/700 minimum, 1044.34 months cash reserves/6 months required and 14 years at current residence. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower and guarantor have been in current residence for 14 years.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post closing reserves $2,548,256.38, 1044.34 months; 6 months required.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score is 774 and minimum is 700 |
| 142026 | XXXXXX | FL | (No Data) | ATR/QM: Exempt C B | N/A | N/A C B | N/A | N/A | Property Valuations | Property | Satisfied C A | PRVAPROP2674 | Property Issues Indicated 2 | No | Missing appraisal dated XXX that CDA in file was based on and that are referenced in the UCDP reports. | 5-20-25 Client uploaded AVM dated XXX | 5-21-25 Clayton reviewed AVM which supports value of appraisal dated XXX. Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower and guarantor have been in current residence for 14 years.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post closing reserves $2,548,256.38, 1044.34 months; 6 months required.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score is 774 and minimum is 700 |
| 138841 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1736: Significant time at current residence<br> - Clayton Comments: 6.6 years living at primary residence.<br>CFCFS1734: Borrower has significant time at current job<br> - Clayton Comments: 21.2 years employed with XXX<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 766 qualifying FICO per CBR.<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: 30 years working in the XXX.<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: 70% LTV per review; 90% LTV is maximum allowed per guidelines.<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: 206 months of 0x30 mortgage history per CBR.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 21.59 months of reserves in file. |
| 142016 | XXXXXX | FL | (No Data) | ATR/QM: Exempt D | A | A D | A | A | Credit | Application | Satisfied D A | CRDAPP4625 | The orig file does not contain a third party fraud report | No | Missing XXX report verifying borrower has cleared OFAC. XXX report provided lists all participants except borrower | 5-21-25 Client uploaded fraud report participant list. 5-22-25: client uploaded fraud report with participant list. | 5-21-25 Clayton reviewed fraud report which does not reflect the borrowers name. Exception remains. 5-22-25: Clayton reviewed fraud report with participant list which includes borrower. Borrower pass, no red flags or watch lists. Exception satisfied. | Not Applicable | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Cash back $270964.67, 69.12 months reserves, 6 months required<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: LTV 38.18% is below the maximum of 65% |
| 142031 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has resided at current residence for 9 years.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Median FICO of 808 exceeds the guideline program minimum of 700.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post closing reserves $104,431.76, 25.66 months; 6 months reserves are required |
| 142020 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has owned home for 30 years.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Reserves of 25.49 months exceeds the required 6 months reserves. |
| 142035 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1736: Significant time at current residence<br> - Clayton Comments: The borrowers have resided at current residences for 26 and 24 years.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Assets: Post closing reserves $18,426.22; 8.78 months; 6 months reserves are required<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: 74.54% LTV below guideline requirements of 75% per program. |
| 142011 | XXXXXX | FL | (No Data) | ATR/QM: Exempt B | A | A B | A | A | Credit | Assets | Active B | CRDAST2670 | Asset documentation is insufficient per guideline requirements | No | Exception approved to allow less than 30 days verification of assets. xx opened XXX using funds from foreign account. Foreign account verified for 30 days. Clayton considers this non material as borrower has excess reserves funds and stability based on 10 years in primary home and property is located in area with increasing property values. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Cash Reserves $19805.79, 9.18 months reserves, 6 months required<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: 10 years residing in primary residence |
| 142039 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has resided at current residence for 10 years.<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: 64.88% LTV below guideline requirements of 80% per program.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post closing reserves $272,866.26 , 72.46 months; no reserves required. |
| 142040 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1736: Significant time at current residence<br> - Clayton Comments: The borrowers have resided at current residence for 24 years.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Median FICO of 720 exceeds the guideline program minimum of 680.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post closing reserves $173,897.19, 45.53 months; 6 months required. |
| 142044 | XXXXXX | WA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D | D | A D | D | A | Compliance | Documentation | Satisfied D A | CMPDOC3274 | Mortgage/Deed in file is incomplete | No | Second Home rider is missing. Verbiage is not written in the note. | 5.20.25-Client provided second home rider, satisfied. | 5.20.25- satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job<br> - Clayton Comments: 10.9 years employed with In XXX<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 697 mid-score per CBR. 660 minimum.<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: 268 months of 0x30 consumer credit history per CBR.<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: 227 months of 0x30 mortgage history per CBR.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 24.74 months of reserves in file. 0 months required. |
| 142044 | XXXXXX | WA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D | D | A D | D | A | Compliance | RESPA | Satisfied B A | CMPRESPA2700 | RESPA - List of homeowners counseling organizations not provided w/in 3 days of application | No | Provide homeowners counseling organizations list within 3 business days of application dated XXX | 5.21.25- Homeowners counseling organizations list not provided. Provide homeowners counseling organizations list within 3 business days of application dated XXX.5.29.25-Client provided Attestation from broker XXX, XXX; 1003 dated XXX was canceled and 1003 dated XXX is new and unique. Satisfied. | 5.29.25-.Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job<br> - Clayton Comments: 10.9 years employed with In XXX<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 697 mid-score per CBR. 660 minimum.<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: 268 months of 0x30 consumer credit history per CBR.<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: 227 months of 0x30 mortgage history per CBR.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 24.74 months of reserves in file. 0 months required. |
| 142044 | XXXXXX | WA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D | D | A D | D | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied C A | CMPTRID3552 | TRID - Loan Estimate not timely | No | Provide LE issued within 3 business days of application dated XXX. | 5.21.25-Provide attestation from broker XXX XXX; including NMLS and contact information. Document to state 1003 dated XXX was withdrawn or canceled and 1003 dated XXX is new and unique.5.29.25-Client provided Attestation from broker XXX, XXX 1003 dated XXX was canceled and 1003 dated XXX is new and unique. Satisfied. | 5.29.25- Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job<br> - Clayton Comments: 10.9 years employed with In XXX<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 697 mid-score per CBR. 660 minimum.<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: 268 months of 0x30 consumer credit history per CBR.<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: 227 months of 0x30 mortgage history per CBR.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 24.74 months of reserves in file. 0 months required. |
| 142044 | XXXXXX | WA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D | D | A D | D | A | Credit | Legal Documents | Satisfied D A | CRDLGL2864 | Copy of Mortgage/Deed in file is incomplete | No | Second Home rider is missing. Verbiage is not written in the note. | 5.20.25-Client provided second home rider, satisfied. | 5.20.25- satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job<br> - Clayton Comments: 10.9 years employed with In XXX<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 697 mid-score per CBR. 660 minimum.<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: 268 months of 0x30 consumer credit history per CBR.<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: 227 months of 0x30 mortgage history per CBR.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 24.74 months of reserves in file. 0 months required. |
| 142046 | XXXXXX | TN | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has resided at current residence for 6 years.<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: LTV/CLTV of 68% exceed, max guidelines of 75% .<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post closing reserves $199,798.57 , 122.53 months; 6 months reserves required. |
| 141783 | XXXXXX | IA | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close reserves are $70,502.89, or 54.44 months. 6 months required.<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: LTV of 75% is below guideline maximum of 80% for a DSCR cash out refinance with a 723 credit score<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score of 723 exceeds guideline minimum of 680 for a DSCR cash out refinance at 75% LTV. |
| 141768 | XXXXXX | IA | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 723 mid-score per CBR.<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: 58 months of 0x30 consumer credit history per CBR.<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: 25 months 0x30 mortgage history per CBR.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 18.66 months of reserves in file.<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: 75% LTV per review; 80% LTV is maximum allowed per guidelines. |
| 141792 | XXXXXX | TN | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 797 qualifying score exceeds 620 requirements<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: 288 months with 0x30 consumer credit payment history exceeds guidelines of 24 months.<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrowers has owned primary / current residence for 39 years.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $148,018.52 reserves in file or 95.60 months PITI > required guidelines |
| 141793 | XXXXXX | TX | (No Data) | ATR/QM: Exempt C B | N/A | N/A C B | N/A | N/A | Credit | LTV/CLTV | Active C B | CRDLTV3026 | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | 75% LTV with DSCR score of .76 for STR > Max 70% LTV. Clayton deems this exception non material/ non fatal to the lending decision. Compensating factors for approval are FICO of 767, 144 months of consumer credit history 0 x 30 and $138,380.38 cash- out reserves. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 767 qualifying score exceeds 620 requirements<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $138,380.38 reserves in file or 33.26 months PITI > required guidelines<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has owned primary / current residence for 4 years |
| 141737 | XXXXXX | MS | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 87 Months Reserves<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: 252+ Months reporting<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: 24+ Months reporting positive |
| 141752 | XXXXXX | OH | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors B | A | A B | A | A | Credit | DTI | Active B | CRDDTI187 | Debt Ratio > 50% | No | Guidelines allow up to 50% DTI; DTI is 50.49%. Clayton deems this non-material due to the following compensating factors; borrower paid off all but two consumers debts with the cash proceeds, LTV is 65%, 9 years at current residence and 29 years in current profession. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close reserves are $16,506.18, or 6.65 months. Reserves not required.<br>CFCFS1734: Borrower has significant time at current job<br> - Clayton Comments: Per VOE borrower has been with wage employer since XXX<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: In residence 9 years. |
| 141753 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 684 qualifying score exceeds 620 requirements<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $44,574.11 reserves in file or 9.12 months PITI > required guidelines<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: 81.50% LTV < guideline maximum of 85.00% |
| 141794 | XXXXXX | TN | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 18 Months Reserves<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: 297+ Months reporting<br>CFCFS2860: Good credit history<br> - Clayton Comments: Very Good Credit History |
| 141745 | XXXXXX | HI | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 810 qual score; min 700.<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: 46mo. 0X30 mortgage payment history; 0x30x12 required.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $84,368.76 reserves; $7378.38\*6= $44,270.28 required reserves due to DSCR as calculated by review. |
| 141771 | XXXXXX | MD | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | C | B C A | C | B | Compliance | RESPA | Active B | CMPRESPA2698 | RESPA - List of homeowners counseling organizations not in file | No | List of homeowners counseling organizations missing. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 714 exceeds the minimum of 660<br>CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: DTI of 24.71 is below the maximum of 50%<br>CFCFS2860: Good credit history<br> - Clayton Comments: 5% of revolving credit utilized |
| 141771 | XXXXXX | MD | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | C | B C A | C | B | Compliance | State Consumer Protection | Active B | CMPSTCP2129 | MD Counseling Notice not in file | No | MD Counseling Notice missing. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 714 exceeds the minimum of 660<br>CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: DTI of 24.71 is below the maximum of 50%<br>CFCFS2860: Good credit history<br> - Clayton Comments: 5% of revolving credit utilized |
| 141771 | XXXXXX | MD | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | C | B C A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied C A | CMPTRID3658 | TRID - Corrected CD should have been provided; APR is greater than APR 3 business days prior to closing by more than allowable tolerance | No | APR increased from CD XXX to CD XXX by 1.326%. Need proof of receipt for CD XXX prior to 3 days of loan consummation. | 4.10.25-Client provided proof of receipt via email of CD XXX & XXX. Satisfied. | 4.10.25- Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 714 exceeds the minimum of 660<br>CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: DTI of 24.71 is below the maximum of 50%<br>CFCFS2860: Good credit history<br> - Clayton Comments: 5% of revolving credit utilized |
| 141771 | XXXXXX | MD | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | C | B C A | C | B | Credit | Assets | Satisfied C A | CRDAST3078 | Insufficient # of months cash reserves for PITI per guideline requirements | No | Missing documentation supporting 6 months reserves. Verified Assets $64138.45, FTC $53009.26, Cash Reserves $11129.19, 4.91 months reserves | 4.10.2025 Client responded - Updated bank statement for account xx showing a balance of $20,344.82 has been uploaded, please clear condition.4.10.2025 Client provided the acct. xx Bank statement of XXX and receipt confirmation of the Document package dated XXX Exception satisfied | 4.10.2025 Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 714 exceeds the minimum of 660<br>CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: DTI of 24.71 is below the maximum of 50%<br>CFCFS2860: Good credit history<br> - Clayton Comments: 5% of revolving credit utilized |
| 141771 | XXXXXX | MD | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | C | B C A | C | B | Credit | Credit/Mtg History | Active B | CRDCRMH193 | Length of mortgage/rental history in file does not meet guideline requirement | No | Borrower is only able to produce paper receipts for primary housing history. We have a copy of the lease agreement and a letter directly from the landlord attesting to their character, on time payments and commendable rental history. Clayton deems exception to be non material to the final lending decision. FICO 714. DTI 24.65% | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 714 exceeds the minimum of 660<br>CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: DTI of 24.71 is below the maximum of 50%<br>CFCFS2860: Good credit history<br> - Clayton Comments: 5% of revolving credit utilized |
| 141791 | XXXXXX | FL | (No Data) | ATR/QM: Exempt D | A | A D | A | A | Credit | Insurance | Satisfied D A | CRDINSR865 | Missing proof of flood insurance in File | No | Missing Flood declarations page. | 4.7.25 Copy of flood policy has been uploaded, 4.7.25 exception satisfied | 4.7.25 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 6+ months reserves exceeds guidelines.<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: Guarantor demonstrates positive mortgage payment history.<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Guarantor has lived at current residence 4 years. |
| 141754 | XXXXXX | MN | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Verified 6.06 months reserves<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Guarantor has been in current residence for 2 years<br>CFCFS1734: Borrower has significant time at current job<br> - Clayton Comments: Guarantor has owned XXX since XXX<br>CFCFS2860: Good credit history<br> - Clayton Comments: Guarantor has overall good credit history |
| 141765 | XXXXXX | WI | (No Data) | ATR/QM: Exempt D | N/A | N/A D | N/A | N/A | Credit | Legal Documents | Satisfied D A | CRDLGL806 | Notary Status is missing | No | Missing executed Mortgage and all applicable riders. | 4.10.25 A copy of the full mortgage has been provided,4.10.25 exception satisfied | 4.10.25 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 6+ months reserves exceeds guidelines.<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Guarantor has lived at current residence 5 years.<br>CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years<br> - Clayton Comments: Guarantor does not have any mortgage related occurrences in the past 24 months. |
| 141766 | XXXXXX | GA | (No Data) | ATR/QM: Exempt B | N/A | N/A B | N/A | N/A | Credit | Credit/Mtg History | Active B | CRDCRMH193 | Length of mortgage/rental history in file does not meet guideline requirement | No | Guidelines require canceled checks for mortgage payments if the lender is a private lender. File does not have canceled checks for the mortgage payments in the monthly amount of XXX | (No Data) | Non-material. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 19+ months reserves exceeds guidelines.<br>CFCFS2860: Good credit history<br> - Clayton Comments: Guarantor demonstrates positive mortgage payment history.<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Guarantor has lived at current residence 24 years. |
| 141736 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D | C | A D | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied C A | CMPTRID3658 | TRID - Corrected CD should have been provided; APR is greater than APR 3 business days prior to closing by more than allowable tolerance | No | APR is greater than APR 3 business days prior to closing by more than allowable tolerance. APR increased 0.196%, rate increased from 8.875% to 8.99% from CD XXX to XXX. 3 day waiting period for increase was not met. | 5.19.25-Provide proof of receipt of CD issued 3/19/25.5.19.25-Client provided CD issued XXX, e-signed XXX. Satisfied. | 5.19.25- Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 695 credit score; 660 minimum required score<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has 8 years in the same profession<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: 0x30x29 mortgage payment history |
| 141736 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D | C | A D | C | A | Credit | Insurance | Satisfied D A | CRDINSR865 | Missing proof of flood insurance in File | No | Missing flood insurance | 5.8.25 Flood policy has been provided5.9.25 exception satisfied | 5.9.25 exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 695 credit score; 660 minimum required score<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has 8 years in the same profession<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: 0x30x29 mortgage payment history |
| 141782 | XXXXXX | AL | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: 85+ Months reporting<br>CFCFS2860: Good credit history<br> - Clayton Comments: Demonstrates Very Good Credit History<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 27 Months Reserves |
| 141755 | XXXXXX | GA | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close reserves are $84,147.48, or 38.34 months. 6 months required.<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: Borrower has never been 1X30 with history from 5/2015.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score of 801 exceeds guideline minimum of 700 fir a DSCR purchase at 80% LTV. |
| 141746 | XXXXXX | WI | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 45 Months Reserves<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: 163+ Months reporting<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: 64+ Months reporting positive |
| 141739 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $60,574.81 post close reserves, 35.67 months PITI; 6 months required reserves<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has owned the primary residence 10 years<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: 71.40% LTV; 80% maximum LTV |
| 141762 | XXXXXX | AL | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close reserves are $284,617.63, or 118.13 months. 6 months required.<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: LTV of 75% is below guideline maximum of 80% for a DSCR Cash Out Refinance with a 786 credit score.<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: Borrower has never been 1X30 with a history from 2/2021. |
| 141748 | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) B | A | A B | A | A | Credit | Terms/Guidelines | Active B | CRDTER110 | Loan amount exceeds guideline maximum | No | Subject loan amount of XXX exceeds guideline tolerance of XXX maximum allowed. Clayton deems exception to be non material to the lending decision. FICO 778; LTV 58.33; 34 months reserves | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 778 mid-score per CBR<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: 58.33% LTV per review; 65% LTV is maximum allowed per guidelines.<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: 155 months of 0x30 consumer credit history per CBR.<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: 34 months of 0x30 mortgage history per CBR.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 33.93 months of reserves in file. |
| 141795 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 91+ months reserves exceeds guidelines.<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Guarantor has lived at current residence 9 years.<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: Guarantor demonstrates positive mortgage payment history. |
| 141743 | XXXXXX | WI | QM: Safe Harbor (APOR) | QM: Rebuttable Presumption (APOR) D B | D | A D B | D | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | Client declared QM: Safe Harbor (APOR); Clayton status is Rebuttable Presumption APOR based on: Benchmark DateXXX; loan has Test APR of 8.795%; the Benchmark Rate is 6.650%; Variance 2.145%; maximum allowed is 1.5000% | 4.16.25 Client response; We accept the determination on this and please clear the exception.4.18.25 Clayton memo; exception satisfied; However, a level 2 exception will remain on file as Lender changed their status determination based upon Claytons review. | 4.18.25 Clayton memo; exception satisfied; | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $29,122.63 or 7.86 months PITI reserves; 0 required reserves.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 670 credit score; 640 minimum required score<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: B1 has 21 years in the same profession.B2 has 27.17 years in the same profession. |
| 141743 | XXXXXX | WI | QM: Safe Harbor (APOR) | QM: Rebuttable Presumption (APOR) D B | D | A D B | D | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied D A | CMPATRQM3220 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status. | No | Missing documents for 1 year full doc income verification. File contains 1 year W2 for B1 and B2. Provide current pay stubs reflecting ytd earnings for B1 to support XXX/month. Provide current pay stubs reflecting ytd earnings for B2 to support XXX/month. | 4.17.2025 Client responded - 4.17.2025 Client provided paystubs for B1 and B2 supporting the borrower 's income. Exception satisfied | 4.17.2025 Exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $29,122.63 or 7.86 months PITI reserves; 0 required reserves.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 670 credit score; 640 minimum required score<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: B1 has 21 years in the same profession.B2 has 27.17 years in the same profession. |
| 141743 | XXXXXX | WI | QM: Safe Harbor (APOR) | QM: Rebuttable Presumption (APOR) D B | D | A D B | D | A | Credit | Ability to Repay/Qualified Mortgage | Active B | CRDATRQM5170 | TILA - ATR/QM: Lender changed their status determination based upon Clayton's review | No | Client agreed to QM rebuttable APOR status based upon Clayton review. | (No Data) | (No Data) | Not Applicable | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $29,122.63 or 7.86 months PITI reserves; 0 required reserves.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 670 credit score; 640 minimum required score<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: B1 has 21 years in the same profession.B2 has 27.17 years in the same profession. |
| 141743 | XXXXXX | WI | QM: Safe Harbor (APOR) | QM: Rebuttable Presumption (APOR) D B | D | A D B | D | A | Credit | Income/Employment | Satisfied C A | CRDINC2488 | Verbal verification of employment missing | No | Missing 10 day VVOES for B1 and B2. | 4.14.2025-Client's response: April 14th 2025, 2:41:10 pmVVOEs for B1 and B2 have been uploaded, please clear condition.4.14.2025-Clayton's response: Received the Verbal Verifications of Employment for both borrowers, exception satisfied. | 4.14.2025-Exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $29,122.63 or 7.86 months PITI reserves; 0 required reserves.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 670 credit score; 640 minimum required score<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: B1 has 21 years in the same profession.B2 has 27.17 years in the same profession. |
| 141743 | XXXXXX | WI | QM: Safe Harbor (APOR) | QM: Rebuttable Presumption (APOR) D B | D | A D B | D | A | Credit | Income/Employment | Satisfied D A | CRDINC2408 | Income verification does not meet guidelines | No | Missing documents for 1 year full doc income verification. File contains 1 year W2 for B1 and B2. Provide current pay stubs reflecting ytd earnings for B1 to support XXXmonth. Provide current pay stubs reflecting ytd earnings for B2 to support XXXmonth. | 4.17.2025 Client responded - Paystubs with year to dates for both borrowers has been provided, please clear condition.4.17.2025 Client provided paystubs for B1 and B2 supporting the borrower 's income. Exception satisfied | 4.17.2025 Exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $29,122.63 or 7.86 months PITI reserves; 0 required reserves.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 670 credit score; 640 minimum required score<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: B1 has 21 years in the same profession.B2 has 27.17 years in the same profession. |
| 141743 | XXXXXX | WI | QM: Safe Harbor (APOR) | QM: Rebuttable Presumption (APOR) D B | D | A D B | D | A | Credit | Insurance | Satisfied C A | CRDINSR5351 | Insurance Effective date is greater than the transaction date | No | HOI effective XXX is greater than the transaction date XXX. | 4.17.25 Hazard policy with an effective date of XXX has been provided4.18.25 exception satisfied | 4.18.25 exception satisfied | Not Applicable | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $29,122.63 or 7.86 months PITI reserves; 0 required reserves.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 670 credit score; 640 minimum required score<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: B1 has 21 years in the same profession.B2 has 27.17 years in the same profession. |
| 141784 | XXXXXX | FL | (No Data) | ATR/QM: Exempt D | N/A | N/A D | N/A | N/A | Credit | Insurance | Satisfied D A | CRDINSR865 | Missing proof of flood insurance in File | No | Missing Flood Insurance policy. | 4.10.25 Flood insurance policy has been provided4.10.25 exception satisfied | 4.10.25 exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: 49.75% LTV < guideline max 75%<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $82,881.95 reserves in file or 35.01 months PITI > required guidelines<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has owned primary residence for the past 11 years |
| 141756 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close reserves are $233,750.31, or 93.67 months. Reserves not required.<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: LTV of 61.20% is below guideline maximum of 80% for a DSCR cash out refinance with a 738 credit score.<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: Borrower has never been 1X30 with a history from 4/2022. |
| 141776 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D B | C | B D A | C | B | Compliance | Section 32 | Satisfied C B | CMPS32371 | Section 32 Loan per Points and Fees Test | No | Provide adjusted, undiscounted, starting rate and XXX report ran at or/ near closing date of XXX. | 4.24.25-Client provided XXX and Undiscounted, starting rate. Satisfied. | 4.24.25-Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 741 qualifying score exceeds 620 requirements<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: 70% LTV < guideline maximum of 85%<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 37,342.65 reserves in file or 10.91 months PITI > required guidelines |
| 141776 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D B | C | B D A | C | B | Credit | Credit/Mtg History | Satisfied D A | CRDCRMH183 | Credit report incomplete | No | Missing origination credit report. | 4.24.2025-Client's response: April 24th 2025, 12:41:07 pmCredit report has been provided, please clear condition.4.24.2025-Clayton's response: Received the complete credit report; exception is satisfied. | 4.24.2025-Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 741 qualifying score exceeds 620 requirements<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: 70% LTV < guideline maximum of 85%<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 37,342.65 reserves in file or 10.91 months PITI > required guidelines |
| 141776 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D B | C | B D A | C | B | Property Valuations | Property | Satisfied D A | PRVAPROP132 | Missing HOA Certificate/Questionnaire | No | Missing HOA Certificate/Questionnaire | 4.24.2025-Client's response: April 24th 2025, 12:41:22 pmHOA questionnaire has been provided, please clear condition.4.24.2025-Clayton's response: Received the HOA Cert/Questionnaire, exception is satisfied. | 4.24.2025-Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 741 qualifying score exceeds 620 requirements<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: 70% LTV < guideline maximum of 85%<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 37,342.65 reserves in file or 10.91 months PITI > required guidelines |
| 138810 | XXXXXX | VA | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 352 + months reserves exceeds guidelines.<br>CFCFS2860: Good credit history<br> - Clayton Comments: Guarantor demonstrates good credit history.<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Guarantor has lived at current residence 4 years. |
| 141777 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D B | A | A D B | A | A | Credit | Application | Satisfied D A | CRDAPP130 | Application is incomplete | No | 1003 is incomplete for B1 XXX. Missing 2 year employment information for both primary and secondary employers; provide a completed 1003 to include address, position, start date, time in profession for XXX and DFAS. | 4.22.2025 Client responded - updated 1003 uploaded for review.4.22.2025 Client provided an updated 1003 with complete employment. Exception satisfied | 4.22.2025 Exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $513,533.56 or 151.64 months PITI reserves; guidelines require 6 months reserves.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 643 credit score;600 minimum required score<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: Credit reflects oldest tradeline date 4/2010. |
| 141777 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D B | A | A D B | A | A | Credit | Assets | Active B | CRDAST2670 | Asset documentation is insufficient per guideline requirements | No | Disposable income is below the minimum required. Clayton deems this non-material due to the following compensating factors, LTV 44.32%, 151 Months in reserves and excellent rental history. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $513,533.56 or 151.64 months PITI reserves; guidelines require 6 months reserves.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 643 credit score;600 minimum required score<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: Credit reflects oldest tradeline date 4/2010. |
| 141777 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D B | A | A D B | A | A | Credit | Credit/Mtg History | Active B | CRDCRMH120 | Collections, charge offs, liens, etc. exceed guidelines | No | XXX $XXX collection demand settlement expired XXX. XXX payoff demand expired XXX | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $513,533.56 or 151.64 months PITI reserves; guidelines require 6 months reserves.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 643 credit score;600 minimum required score<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: Credit reflects oldest tradeline date 4/2010. |
| 141777 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D B | A | A D B | A | A | Credit | Credit/Mtg History | Active B | CRDCRMH124 | Collections, Liens, etc. not paid as required by guidelines | No | XXX / Optimum collection account #XXX, has an unpaid balance of XXX | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $513,533.56 or 151.64 months PITI reserves; guidelines require 6 months reserves.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 643 credit score;600 minimum required score<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: Credit reflects oldest tradeline date 4/2010. |
| 141777 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D B | A | A D B | A | A | Credit | DTI | Satisfied C A | CRDDTI187 | Debt Ratio > 50% | No | 68.85% DTI exceeds maximum 50% DTI. Gap credit report includes new XXX XXX/month. The auto payment is missing from debts, not included in DTI. Provide documentation for the omitted payment. | 5.22.2025-Clients response: May 20th 2025, 6:55:54 pmthis loan was Full Doc with Asset Assist. We used the XXX account for the asset assist and loan qualifies as such. updated 1003 with asset added uploaded5.22.2025-Clayton's response-Reviewed the XXX accounts and the income was sufficient; exception satisfied. | 5.22.2025-Exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $513,533.56 or 151.64 months PITI reserves; guidelines require 6 months reserves.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 643 credit score;600 minimum required score<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: Credit reflects oldest tradeline date 4/2010. |
| 141777 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D B | A | A D B | A | A | Credit | Income/Employment | Satisfied C A | CRDINC2488 | Verbal verification of employment missing | No | Missing 10 day VVOEs for B1; 2 employers are: XXX and XXX. Employers to provide start dates for job #1 and job #2. | 4.22.2025 Client responded - Uploaded Verbal VOE for review dated 4/3 funded 4/9 within 10 days4.22.2025 Client provided VVOE dated within 10 days of closing. Exception satisfied | 4.22.2025 Exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $513,533.56 or 151.64 months PITI reserves; guidelines require 6 months reserves.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 643 credit score;600 minimum required score<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: Credit reflects oldest tradeline date 4/2010. |
| 141777 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D B | A | A D B | A | A | Credit | Income/Employment | Satisfied C A | CRDINC888 | Income Amount is Unsupported by Documentation in File | No | Provide a written verification of employment for the last two years that breaking out all overtime, bonus, commissions for all jobs. XXX, XXX | 4.22.2025 Client responded - all income documentation was provided, with year end paystubs and W2's for both incomes. please review and clear findings. 4.22.2025 Client provided current paystubs from XXX and xx and W=2's for 2024 / 2023 from XXX and DFAS for 2024 and 2023. Client also sent VVOE for both employers within 10 days. Exception satisfied | 4.22.2025 Exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $513,533.56 or 151.64 months PITI reserves; guidelines require 6 months reserves.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 643 credit score;600 minimum required score<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: Credit reflects oldest tradeline date 4/2010. |
| 141777 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D B | A | A D B | A | A | Property Valuations | Property | Active B | PRVAPROP177 | Property Issues Indicated | No | The subject property is in a rural market located on XXX. This exceeds guideline maximum 10 acres. Clayton deems this non-material due to the following compensating factors, LTV 44.32%, 151 Months in reserves and excellent rental history. | (No Data) | Non-material. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $513,533.56 or 151.64 months PITI reserves; guidelines require 6 months reserves.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 643 credit score;600 minimum required score<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: Credit reflects oldest tradeline date 4/2010. |
| 141735 | XXXXXX | FL | (No Data) | ATR/QM: Exempt C | N/A | N/A C | N/A | N/A | Credit | Terms/Guidelines | Satisfied C A | CRDTER3122 | Loan documents do not meet guideline requirements | No | Missing Condo Questionnaire & HOA Budget | 4.23.2025-Client's response: April 23rd 2025, 2:29:58 pmPlease find the questionnaire and budget.4.23.2025-Clayton's response: Received the HOA Questionnaire & Budget, exception satisfied. | 4.23.2025-Exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 76 Months Reserves<br>CFCFS2860: Good credit history<br> - Clayton Comments: Per Bank Reference Letter in file. Good Credit History since 2001<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: Max LTV is 75% and Current LTV is 70% |
| 141741 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has 13 years at current residence.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Reserves of 76 months PITIA is 70 months greater than the 6 months reserves required.<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: LTV of 68.77% is 6.23% below the 75% LTV allowed for the program. |
| 141781 | XXXXXX | NC | (No Data) | ATR/QM: Exempt B | A | A B | A | A | Credit | LTV/CLTV | Active B | CRDLTV5736 | LTV Exceeds Guideline Requirement by less than 5% | No | Maximum LTV is 75%; LTV is 76.5% | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at current residence for 8 years.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post closing reserves $132,025.91, 110.46 months; 6 months required.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score is 709 and minimum is 660 |
| 141760 | XXXXXX | FL | (No Data) | ATR/QM: Exempt C B | N/A | N/A C B | N/A | N/A | Credit | Terms/Guidelines | Active B | CRDTER5518 | Loan fails Homex Minimum Equity requirement | No | Minimum XXX Equity is required per Guidelines. Current Equity is XXX | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 334 Months Reserves<br>CFCFS2860: Good credit history<br> - Clayton Comments: Excellent Credit History<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: 284+ Months reporting positive |
| 141760 | XXXXXX | FL | (No Data) | ATR/QM: Exempt C B | N/A | N/A C B | N/A | N/A | Credit | Terms/Guidelines | Satisfied C A | CRDTER3122 | Loan documents do not meet guideline requirements | No | Missing Condo Questionnaire and Budget. Note, Mortgage, Title and Master Policy all reflect Condo Unit #XXX and Desk Review and Appraisal reflect Unit XXX. | 4.22.2025-Client's response: April 21st 2025, 6:00:48 pmPlease find the Condo questionnaire and budget.4.22.2025-Clayton's response: Received the Condo Questionnaire and Budget. Still need clarification of address discrepancy. Exception remains.4.24.2025-Client's response: April 23rd 2025, 5:58:13 pmUnit # is XXX appraisal corrected as 1st page was correct other pages was typo4.24.2025-Clayton's response: Received the corrected appraisal, need the corrected Desk Review that reflects Unit xx. Exception remains.4.30.2025-Client's response: April 29th 2025, 4:16:07 pmDesk Review with correction.4.30.2025-Clayton's response: Received the Desk Review with the correct address; exception satisfied. | 4.22.2025-Exception remains.4.24.2025-Exception remains.4.30.2025-Exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 334 Months Reserves<br>CFCFS2860: Good credit history<br> - Clayton Comments: Excellent Credit History<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: 284+ Months reporting positive |
| 141749 | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Rebuttable Presumption (APOR) C B | C | A C B | C | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied C A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | Client declared QM Safe Harbor APOR; Clayton status is QM rebuttable APOR due to: Benchmark Date XXX; Test APR 8.443; Benchmark Rate 6.910; Variance 1.533 exceeding 1.5000% threshold. | 4.17.25 Client response; We accept the determination on this and please clear the exception.4.17.25 Clayton memo; exception satisfied; However, a level 2 exception will remain on file as Lender changed their status determination based upon Claytons review. | 4.17.25 Clayton memo; exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close reserves are $888,482.87, or 129.07 months. 6 months required.<br>CFCFS1734: Borrower has significant time at current job<br> - Clayton Comments: Borrower wage employment since XXX.<br>CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: DTI of 38.82% is below guideline maximum of 43%. |
| 141749 | XXXXXX | NJ | QM: Safe Harbor (APOR) | QM: Rebuttable Presumption (APOR) C B | C | A C B | C | A | Credit | Ability to Repay/Qualified Mortgage | Active B | CRDATRQM5170 | TILA - ATR/QM: Lender changed their status determination based upon Clayton's review | No | Client agreed QM rebuttable APOR status based upon Clayton. | (No Data) | (No Data) | Not Applicable | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close reserves are $888,482.87, or 129.07 months. 6 months required.<br>CFCFS1734: Borrower has significant time at current job<br> - Clayton Comments: Borrower wage employment since XXX.<br>CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: DTI of 38.82% is below guideline maximum of 43%. |
| 141785 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 774 qualifying score exceeds 620 requirements<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: 60 months with 0x30 Mortgage payment history exceeds guidelines of 12 months.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $90,732.80 reserves in file or 17.27 months PITI > required guidelines |
| 141787 | XXXXXX | GA | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 33+ months reserves exceeds guidelines.<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: Guarantor demonstrates positive mortgage payment history.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 781 Credit score exceeds guideline requirements. |
| 141770 | XXXXXX | MO | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: 85+ Months Consumer Credit reporting<br>CFCFS2860: Good credit history<br> - Clayton Comments: Excellent Credit History<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 119 Months Reserves |
| 141757 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: LTV of 70% is below guideline maximum of 75% for a DSCR purchase with a 680 credit score.<br>CFCFS2860: Good credit history<br> - Clayton Comments: Per letter from XXX borrower has been in good standing since 1992.<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: In residence 5 years |
| 141758 | XXXXXX | NE | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 57+ months reserves exceeds guidelines.<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: Guarantor demonstrates positive mortgage payment history.<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Guarantor has lived at current residence 23 years. |
| 141779 | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $46,032.58 reserves in file or 10.15 months PITI > required guidelines<br>CFCFS1734: Borrower has significant time at current job<br> - Clayton Comments: Borrowers have stable employment being XXX with same employer for the past 9+ years<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrowers have owned primary / current residence for 10+ years. |
| 141797 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: File has 15 months in reserves.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score is 759.<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: Mortgage payments 0x30.<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: LTV is 74.78%, max LTV is 80%. |
| 141759 | XXXXXX | WA | (No Data) | ATR/QM: Exempt D | A | A D | A | A | Credit | Legal Documents | Satisfied D A | CRDLGL1819 | Estimated HUD-1 in File, Missing Final HUD-1 | No | Please provide Final HUD-1 | 4.25.25 Please find the final SS for review.4.25.25 exception satisfied | 4.25.25 exception satisfied | (No Data) | Not Applicable | CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: 305 months credit history exceeds guidelines.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 101 months reserves exceeds guidelines.<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: 37.06 LTV is below guidelines requirements. |
| 141750 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D | A | A D | A | A | Property Valuations | Property | Satisfied D A | PRVAPROP132 | Missing HOA Certificate/Questionnaire | No | Provide HOA Certificate/Questionnaire. | 4.21.2025-Client's response: April 21st 2025, 12:42:20 pmHOA Questionnaire has been provided, please clear condition.4.21.2025-Clayton's response: Received the HOA Cert/Questionnaire, exception is satisfied. | 4.21.2025-Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 801 qualifying score exceeds 660 requirements<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has owned primary / current residence for 18+ years<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: 85% LTV < guideline maximum of 90% |
| 141740 | XXXXXX | MO | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 722 credit score; 680 minimum required score<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: 0x30x66 mortgage payment history<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: Credit reflects oldest tradeline date XXX, reporting 0x30 |
| 141786 | XXXXXX | WI | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $223,973.45 reserves in file or 101.06 months PITI > required guidelines<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 771 qualifying score exceeds 620 requirements<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has owned primary / current residence for 17+ years. |

---

## Exhibit 99.5

**Exhibit 99.5 Schedule 2**

---

| | |
|:---|:---|
| **Client Name:** | |
| **Client Project Name:** | **PRPM 2025-NQM4** |
| **Start - End Dates:** | **1/31/2025 - 6/2/2025** |
| **Deal Loan Count:** | **62** |
| **Conditions Report 2.0** | **Conditions Report 2.0** |
| ***Loans in Report:*** | *62* |
| ***Loans with Conditions:*** | *24* |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **TRID Indicator** | **Lender Application Date** | **Broker Application Date** | **Initial Securitization Compliance Loan Grade** | **Final Securitization Compliance Loan Grade** | **Initial S&P Compliance Loan Grade** | **Final S&P Compliance Loan Grade** | **Did Lender Acknowledge Exception at Origination** |
| 138835 | Yes | XXXXXX | XXXXXX A | N/A | N/A | N/A | N/A | Not Applicable |
| 134406 | Yes | XXXXXX | XXXXXX B A | A | A B | A | A | No |
| 138820 | Yes | XXXXXX | XXXXXX A | A | A | A | A | Not Applicable |
| 142023 | Yes | XXXXXX | XXXXXX A | A | A | A | A | Not Applicable |
| 138852 | Yes | XXXXXX | XXXXXX A | A | A | A | A | Not Applicable |
| 142014 | Yes | XXXXXX | XXXXXX A | N/A | N/A | N/A | N/A | Not Applicable |
| 142025 | Yes | XXXXXX | XXXXXX C A | N/A | N/A C | N/A | N/A | Not Applicable |
| 142026 | Yes | XXXXXX | XXXXXX C B A | N/A | N/A C B | N/A | N/A | Yes |
| 138841 | Yes | XXXXXX | XXXXXX A | A | A | A | A | Not Applicable |
| 142016 | Yes | XXXXXX | XXXXXX D A | A | A D | A | A | Not Applicable |
| 142031 | Yes | XXXXXX | XXXXXX A | A | A | A | A | Not Applicable |
| 142020 | Yes | XXXXXX | XXXXXX A | A | A | A | A | Not Applicable |
| 142035 | Yes | XXXXXX | XXXXXX A | N/A | N/A | N/A | N/A | Not Applicable |
| 142011 | Yes | XXXXXX | XXXXXX B A | A | A B | A | A | Yes |
| 142039 | Yes | XXXXXX | XXXXXX A | A | A | A | A | Not Applicable |
| 142040 | Yes | XXXXXX | XXXXXX A | A | A | A | A | Not Applicable |
| 142044 | Yes | XXXXXX | XXXXXX D A | D | A D | D | A | Not Applicable |
| 142046 | Yes | XXXXXX | XXXXXX A | A | A | A | A | Not Applicable |
| 141783 | Yes | XXXXXX | XXXXXX A | N/A | N/A | N/A | N/A | Not Applicable |
| 141768 | Yes | XXXXXX | XXXXXX A | N/A | N/A | N/A | N/A | Not Applicable |
| 141792 | Yes | XXXXXX | XXXXXX A | N/A | N/A | N/A | N/A | Not Applicable |
| 141793 | Yes | XXXXXX | XXXXXX C B A | N/A | N/A C B | N/A | N/A | Yes |
| 141737 | Yes | XXXXXX | XXXXXX A | N/A | N/A | N/A | N/A | No |
| 141752 | Yes | XXXXXX | XXXXXX B A | A | A B | A | A | Not Applicable |
| 141753 | Yes | XXXXXX | XXXXXX A | A | A | A | A | No |
| 141794 | Yes | XXXXXX | XXXXXX A | N/A | N/A | N/A | N/A | No |
| 141745 | Yes | XXXXXX | XXXXXX A | A | A | A | A | Not Applicable |
| 141771 | Yes | XXXXXX | XXXXXX C B A | C | B C A | C | B | Yes |
| 141791 | Yes | XXXXXX | XXXXXX D A | A | A D | A | A | Yes |
| 141754 | Yes | XXXXXX | XXXXXX A | N/A | N/A | N/A | N/A | Not Applicable |
| 141765 | Yes | XXXXXX | XXXXXX D A | N/A | N/A D | N/A | N/A | No |
| 141766 | Yes | XXXXXX | XXXXXX B A | N/A | N/A B | N/A | N/A | Yes |
| 141736 | Yes | XXXXXX | XXXXXX D A | C | A D | C | A | No |
| 141782 | Yes | XXXXXX | XXXXXX A | N/A | N/A | N/A | N/A | No |
| 141755 | Yes | XXXXXX | XXXXXX A | N/A | N/A | N/A | N/A | Not Applicable |
| 141746 | Yes | XXXXXX | XXXXXX A | N/A | N/A | N/A | N/A | No |
| 141739 | Yes | XXXXXX | XXXXXX A | A | A | A | A | No |
| 141762 | Yes | XXXXXX | XXXXXX A | N/A | N/A | N/A | N/A | Not Applicable |
| 141748 | Yes | XXXXXX | XXXXXX B A | A | A B | A | A | No |
| 141795 | Yes | XXXXXX | XXXXXX A | N/A | N/A | N/A | N/A | Yes |
| 141743 | Yes | XXXXXX | XXXXXX D B A | D | A D B | D | A | No |
| 141784 | Yes | XXXXXX | XXXXXX D A | N/A | N/A D | N/A | N/A | Not Applicable |
| 141756 | Yes | XXXXXX | XXXXXX A | N/A | N/A | N/A | N/A | Not Applicable |
| 141776 | Yes | XXXXXX | XXXXXX D B A | C | B D A | C | B | No |
| 138810 | Yes | XXXXXX | XXXXXX A | N/A | N/A | N/A | N/A | Yes |
| 141777 | Yes | XXXXXX | XXXXXX D B | A | A D B | A | A | Yes |
| 141735 | Yes | XXXXXX | XXXXXX C A | N/A | N/A C | N/A | N/A | No |
| 141741 | Yes | XXXXXX | XXXXXX A | N/A | N/A | N/A | N/A | Not Applicable |
| 141781 | Yes | XXXXXX | XXXXXX B A | A | A B | A | A | Not Applicable |
| 141760 | Yes | XXXXXX | XXXXXX C B A | N/A | N/A C B | N/A | N/A | No |
| 141749 | Yes | XXXXXX | XXXXXX C B A | C | A C B | C | A | No |
| 141785 | Yes | XXXXXX | XXXXXX A | N/A | N/A | N/A | N/A | Not Applicable |
| 141787 | Yes | XXXXXX | XXXXXX A | N/A | N/A | N/A | N/A | No |
| 141770 | Yes | XXXXXX | XXXXXX A | A | A | A | A | No |
| 141757 | Yes | XXXXXX | XXXXXX A | N/A | N/A | N/A | N/A | Not Applicable |
| 141758 | Yes | XXXXXX | XXXXXX A | N/A | N/A | N/A | N/A | Not Applicable |
| 141779 | Yes | XXXXXX | XXXXXX A | A | A | A | A | Not Applicable |
| 141797 | Yes | XXXXXX | XXXXXX A | A | A | A | A | No |
| 141759 | Yes | XXXXXX | XXXXXX D A | A | A D | A | A | Not Applicable |
| 141750 | Yes | XXXXXX | XXXXXX D A | A | A D | A | A | Not Applicable |
| 141740 | Yes | XXXXXX | XXXXXX A | N/A | N/A | N/A | N/A | No |
| 141786 | Yes | XXXXXX | XXXXXX A | N/A | N/A | N/A | N/A | Not Applicable |

---

## Exhibit 99.5

**Exhibit 99.5 Schedule 3**

---

| | |
|:---|:---|
| **Client Name:** | |
| **Client Project Name:** | PRPM 2025-NQM4 |
| **Start - End Dates:** | 1/31/2025 - 6/2/2025 |
| **Deal Loan Count:** | 62 |
| **Loan Level Tape Compare Upload** | **Loan Level Tape Compare Upload** |
| *Loans in Report* | *92* |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Loan Number** | **Borrower Last Name** | **Field Name** | **Tape Data** | **Reviewer Data** |
| 138835 | XXXXXX | Original Appraisal Date | XXXXXX | XXXXXX |
| 134406 | XXXXXX | Borrower DSCR Percent | 1.0214 | 0.8269 |
| 134406 | XXXXXX | Cash Reserves | 114323.66 | 41898.47 |
| 134406 | XXXXXX | Months Reserves | 32.00 | 20.38 |
| 134406 | XXXXXX | Total Cash Out | XXXXXX | XXXXXX |
| 138820 | XXXXXX | Cash Reserves | 66857.68 | 16996.83 |
| 138820 | XXXXXX | Combined LTV | 64.06 | 75.00 |
| 138820 | XXXXXX | Disbursement Date | XXXXXX | XXXXXX |
| 138820 | XXXXXX | Months Reserves | 1.00 | 8.87 |
| 138820 | XXXXXX | Total Cash Out | XXXXXX | XXXXXX |
| 142023 | XXXXXX | Cash Reserves | 222841.56 | 15749.69 |
| 142023 | XXXXXX | First Payment Date | XXXXXX | XXXXXX |
| 142023 | XXXXXX | Maturity Date | XXXXXX | XXXXXX |
| 142023 | XXXXXX | Months Reserves | 6.00 | 6.62 |
| 142023 | XXXXXX | Property Type | Low Rise Condo (1-4) | High Rise Condo (9+) |
| 142023 | XXXXXX | Total Cash Out | XXXXXX | XXXXXX |
| 138852 | XXXXXX | Borrower 1 Total Income | XXXXXX | XXXXXX |
| 138852 | XXXXXX | Cash Reserves | 33422.35 | 16287.65 |
| 138852 | XXXXXX | Combined LTV | 76.88 | 80.00 |
| 138852 | XXXXXX | Months Reserves | 6.00 | 6.10 |
| 138852 | XXXXXX | Total Cash Out | XXXXXX | XXXXXX |
| 138852 | XXXXXX | Total Monthly Income | XXXXXX | XXXXXX |
| 142014 | XXXXXX | Original Appraised Value | XXXXXX | XXXXXX |
| 142014 | XXXXXX | Property Type | Detached PUD | Attached PUD |
| 142025 | XXXXXX | Cash Reserves | 106508.27 | 16137.12 |
| 142025 | XXXXXX | Months Reserves | 6.00 | 8.32 |
| 142025 | XXXXXX | Product Type | 30 Yr Fixed | 30 yr Fixed - 10 yr IO |
| 142025 | XXXXXX | Total Cash Out | XXXXXX | XXXXXX |
| 142026 | XXXXXX | Cash Reserves | 2627615.52 | 2548256.38 |
| 142026 | XXXXXX | Combined LTV | 70.95 | 75.00 |
| 142026 | XXXXXX | Months Reserves | 1037.00 | 1044.34 |
| 142026 | XXXXXX | Total Cash Out | XXXXXX | XXXXXX |
| 138841 | XXXXXX | Borrower 1 Self Employed Flag | No | Yes |
| 138841 | XXXXXX | Cash Reserves | 120417.23 | 192760.09 |
| 138841 | XXXXXX | Debt to Income Ratio (Back) | 32.1890 | 21.4075 |
| 138841 | XXXXXX | Months Reserves | 20.00 | 21.59 |
| 138841 | XXXXXX | Total Cash Out | XXXXXX | XXXXXX |
| 142016 | XXXXXX | Disbursement Date | XXXXXX | XXXXXX |
| 142016 | XXXXXX | Total Cash Out | XXXXXX | XXXXXX |
| 142031 | XXXXXX | Original Appraisal Date | XXXXXX | XXXXXX |
| 142020 | XXXXXX | Cash Reserves | 138004.59 | 57174.24 |
| 142020 | XXXXXX | Months Reserves | 23.00 | 28.04 |
| 142020 | XXXXXX | Total Cash Out | XXXXXX | XXXXXX |
| 142035 | XXXXXX | Cash Reserves | 105766.93 | 18426.22 |
| 142035 | XXXXXX | Combined LTV | 69.57 | 74.54 |
| 142035 | XXXXXX | Months Reserves | 38.00 | 8.78 |
| 142035 | XXXXXX | Product Type | 30 Yr Fixed | 30 yr Fixed - 10 yr IO |
| 142035 | XXXXXX | Total Cash Out | XXXXXX | XXXXXX |
| 142011 | XXXXXX | Cash Reserves | 109555.74 | 19805.79 |
| 142011 | XXXXXX | Months Reserves | 16.00 | 9.18 |
| 142011 | XXXXXX | Product Type | 30 Yr Fixed | 30 yr Fixed - 10 yr IO |
| 142011 | XXXXXX | Total Cash Out | XXXXXX | XXXXXX |
| 142039 | XXXXXX | Borrower 1 Self Employed Flag | No | Yes |
| 142039 | XXXXXX | Debt to Income Ratio (Back) | 44.7710 | 36.0246 |
| 142039 | XXXXXX | Total Cash Out | XXXXXX | XXXXXX |
| 142040 | XXXXXX | Total Cash Out | XXXXXX | XXXXXX |
| 142044 | XXXXXX | Debt to Income Ratio (Back) | 37.0020 | 43.6240 |
| 142044 | XXXXXX | Disbursement Date | XXXXXX | XXXXXX |
| 142044 | XXXXXX | Total Cash Out | XXXXXX | XXXXXX |
| 142046 | XXXXXX | Cash Reserves | 312713.85 | 199798.57 |
| 142046 | XXXXXX | Months Reserves | 123.00 | 122.53 |
| 142046 | XXXXXX | Next Payment Change Date | XXXXXX | XXXXXX |
| 142046 | XXXXXX | Product Type | 7/1 ARM | 7/6 ARM |
| 142046 | XXXXXX | Total Cash Out | XXXXXX | XXXXXX |
| 141792 | XXXXXX | Cash Reserves | 135050.05 | 148018.52 |
| 141792 | XXXXXX | Months Reserves | 87.00 | 95.60 |
| 141752 | XXXXXX | Total Cash Out | XXXXXX | XXXXXX |
| 141794 | XXXXXX | Cash Reserves | 118383.54 | 67821.46 |
| 141794 | XXXXXX | Months Reserves | 31.00 | 18.16 |
| 141794 | XXXXXX | Total Cash Out | XXXXXX | XXXXXX |
| 141771 | XXXXXX | Cash Reserves | 17363.88 | 31474.01 |
| 141771 | XXXXXX | DTI Qualifying (Back) | 20.7300 | 24.6500 |
| 141771 | XXXXXX | Months Reserves | 7.00 | 13.94 |
| 141754 | XXXXXX | Total Cash Out | XXXXXX | XXXXXX |
| 141736 | XXXXXX | Total Cash Out | XXXXXX | XXXXXX |
| 141739 | XXXXXX | Cash Reserves | 49568.53 | 60574.81 |
| 141739 | XXXXXX | Disbursement Date | XXXXXX | XXXXXX |
| 141739 | XXXXXX | Months Reserves | 29.00 | 35.67 |
| 141776 | XXXXXX | Original Appraised Value | XXXXXX | XXXXXX |
| 138810 | XXXXXX | Borrower DSCR Percent | 0.7600 | 0.8825 |
| 141777 | XXXXXX | Cash Reserves | 1303226.84 | 513533.56 |
| 141777 | XXXXXX | Disbursement Date | XXXXXX | XXXXXX |
| 141777 | XXXXXX | DTI Qualifying (Back) | 52.8000 | 18.3900 |
| 141777 | XXXXXX | Months Reserves | 352.00 | 151.64 |
| 141735 | XXXXXX | Total Cash Out | XXXXXX | XXXXXX |
| 141779 | XXXXXX | ATR/QM Status | QM: Rebuttable Presumption (APOR) | QM: Safe Harbor (APOR) |
| 141779 | XXXXXX | Documentation Type | Alt Doc/Bank Statements | Full Doc |
| 141779 | XXXXXX | Original Appraised Value | XXXXXX | XXXXXX |
| 141797 | XXXXXX | Disbursement Date | XXXXXX | XXXXXX |
| 141797 | XXXXXX | Total Cash Out | XXXXXX | XXXXXX |
| 141759 | XXXXXX | Total Cash Out | XXXXXX | XXXXXX |
|©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. |©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. |©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. |©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. |©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. |

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## Exhibit 99.5

**Exhibit 99.5 Schedule 4**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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| 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | 91 | 92 | 93 | 94 | 95 | 96 | 97 | 98 | 99 | 100 | 101 | 102 | 103 | 104 | 105 | 106 | 107 | 108 | 109 | 110 | 111 | 112 | 113 | 114 | 115 | 116 | 117 | 118 | 119 | 120 | 121 | 122 | 123 | 124 | 125 | 126 | 127 | 128 | 129 | 130 | 131 | 132 | 133 | 134 | 135 | 136 | 137 | 138 | 139 | 140 | 141 | 142 | 143 | 144 | 145 | 146 | 147 | 148 | 149 | 150 | 151 | 152 | 153 | 154 | 155 | 156 | 157 | 158 | 159 | 160 | 161 | 162 | 163 | 164 | 165 | 166 | 167 | 168 | 169 | 170 | 171 | 172 | 173 | 174 | 175 | 176 | 177 | 178 | 179 | 180 | 181 | 182 | 183 | 184 | 185 | 186 | 187 | 188 | 189 | 190 | 191 | 192 | 193 | 194 | 195 | 196 | 197 | 198 | 199 | 200 | 201 | 202 | 203 | 204 | 205 | 206 | 207 | 208 | 209 | 210 | 211 | 212 | 213 | 214 | 215 | 216 | 217 | 218 | 219 | 220 | 221 | 222 | 223 | 224 | 225 | 226 | 227 | 228 | 229 | 230 | 231 | 232 | 233 | 234 | 235 | 236 | 237 | 238 | 239 | 240 | 241 | 242 | 243 | 244 | 245 | 246 | 247 | 248 |
| **Client Name:** | | | |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Client Project Name:** | **PRPM 2025-NQM4** | **PRPM 2025-NQM4** | **PRPM 2025-NQM4** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Start - End Dates:** | **1/31/2025 - 6/2/2025** | **1/31/2025 - 6/2/2025** | **1/31/2025 - 6/2/2025** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Deal Loan Count:** | **62** | **62** | **62** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **ATR QM Upload** | **ATR QM Upload** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| *Loans in Report:* | *62* | *62* | *62* |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Loan Number** | **Deal** | **Seller Loan Number** | **Original Principal Balance** | **State** | **Loan Level ATR/QM Status** | **Verification Safe Harbor (VSH)?** | **Lender Provided ATR/QM Worksheet** | **Initial Lender ATR/QM Status** | **Application Date** | **Borrower 1 Citizenship** | **Borrower 2 Citizenship** | **Borrowers Qualified Through a Non-Resident Alien Program** | **Occupancy** | **Property Type** | **Number of Units** | **Loan Type** | **Exempt Loan Product Type** | **Exempt Loan Housing Agency** | **Community Housing Development** | **Credit Under Economic Stabilization Act Of 2008** | **Refinance Of Non-Standard Mortgage** | **Higher Priced Covered Transaction** | **State Prepay Exceptions** | **Loan Purpose** | **Loan Term Exceeds 30 Years** | **Interest Only Feature** | **Negative Amortization** | **Balloon Payment** | **Prepay Penalty Flag** | **Prepayment Penalty Type** | **Prohibited Prepayment Penalty** | **Exceeds Points And Fees** | **Exceeds DTI Limit** | **Lien Position** | **APR** | **QM Calculated DTI Adherence** | **QM Lenders DTI Adherence** | **QM Fee Adherence - Total Charges %** | **QM Fee Adherence - Lenders Fee %** | **Fannie Mae Eligible** | **Freddie Mac Eligible** | **VA Guaranty Eligible** | **FHA Insured Eligible** | **USDA Guarantee Eligible** | **Rural Housing Service Insured Eligible** | **QM - Expected Income Or Assets For DTI** | **QM - Current Employment Status For DTI** | **QM - Monthly Payment On Subject Loan For DTI** | **QM - Monthly Payment On Additional Loan For DTI** | **QM - Monthly Payment Mortgage Related Obligations** | **QM - Current Debt Obligations Alimony and Child Support for DTI** | **QM - Monthly DTI Ratio Or Residual Income** | **One or more Verification Safe Harbor Guidelines used?** | **Current/Reasonably Expected Income or Assets per Guideline used?** | **Current Debt Obligations, Alimony & Child Support per Guideline used?** | **Monthly DTI (includes monthly payment on subject loan and simultaneous loans)** | **Monthly Residual Income per guideline used?** | **Compensating Factors used for QM determination documented before closing?** | **ATR - Guidelines Provided to Document Approach** | **ATR - Current And Expected Income And Assets** | **ATR - Current Employment Status** | **ATR - Mortgage Payment Obligation** | **ATR - Mortgage Payment on Simultaneous Transaction** | **ATR - Payment For Mortgage Related Obligations** | **ATR - Debt Obligations Including Alimony and Child Support** | **ATR - Monthly DTI Ratio or Residual Income** | **ATR - Consumer Credit History** | **ATR Lenders - DTI (Back)** | **ATR Calculated DTI (Back)** | **QM Lender Value DTI (Back)** | **QM Calculated DTI (Back)** | **Initial DTI (Back)** | **DTI Qualifying (Back)** | **Residual Income Analysis in File** | **Residual Income Guidelines** | **Did Loan Meet Guidelines** | **Residual Income Amount** | **Asset Depletion** | **Asset Depletion Months Amortized** | **Asset Utilization** | **Partial Asset Depletion** | **Short Sale** | **Short Sale Date** | **Deed In Lieu** | **Deed In Lieu Date** | **QRM Flag** | **Borrower 2 Guarantor Flag** | **Borrower 2 Personal Guaranty Recourse to Borrower** | **Borrower 3 Guarantor Flag** | **Borrower 3 Personal Guaranty Recourse to Borrower** | **Borrower 4 Guarantor Flag** | **Borrower 4 Personal Guaranty Recourse to Borrower** | **Borrower 1 Paystub Flag** | **Borrower 1 Paystub Number of Months** | **Borrower 2 Paystub Flag** | **Borrower 2 Paystub Number of Months** | **Borrower 3 Paystub Flag** | **Borrower 3 Paystub Number of Months** | **Borrower 4 Paystub Flag** | **Borrower 4 Paystub Number of Months** | **Borrower 1 W2 Flag** | **Borrower 1 W2 Number of Months** | **Borrower 2 W2 Flag** | **Borrower 2 W2 Number of Months** | **Borrower 3 W2 Flag** | **Borrower 3 W2 Number of Months** | **Borrower 4 W2 Flag** | **Borrower 4 W2 Number of Months** | **Borrower 1 Personal Tax Return Flag** | **Borrower 1 Personal Tax Return Number of Months** | **Borrower 2 Personal Tax Return Flag** | **Borrower 2 Personal Tax Return Number of Months** | **Borrower 3 Personal Tax Return Flag** | **Borrower 3 Personal Tax Return Number of Months** | **Borrower 4 Personal Tax Return Flag** | **Borrower 4 Personal Tax Return Number of Months** | **Borrower 1 Business Tax Return Flag** | **Borrower 1 Business Tax Return Number of Months** | **Borrower 2 Business Tax Return Flag** | **Borrower 2 Business Tax Return Number of Months** | **Borrower 3 Business Tax Return Flag** | **Borrower 3 Business Tax Return Number of Months** | **Borrower 4 Business Tax Return Flag** | **Borrower 4 Business Tax Return Number of Months** | **Borrower 1 Verbal VOE Flag** | **Borrower 1 Verbal VOE Number of Months** | **Borrower 2 Verbal VOE Flag** | **Borrower 2 Verbal VOE Number of Months** | **Borrower 3 Verbal VOE Flag** | **Borrower 3 Verbal VOE Number of Months** | **Borrower 4 Verbal VOE Flag** | **Borrower 4 Verbal VOE Number of Months** | **Borrower 1 Written VOE Flag** | **Borrower 1 Written VOE Form** | **Borrower 1 Written VOE Number of Months** | **Borrower 2 Written VOE Flag** | **Borrower 2 Written VOE Form** | **Borrower 2 Written VOE Number of Months** | **Borrower 3 Written VOE Flag** | **Borrower 3 Written VOE Form** | **Borrower 3 Written VOE Number of Months** | **Borrower 4 Written VOE Flag** | **Borrower 4 Written VOE Form** | **Borrower 4 Written VOE Number of Months** | **Borrower 1 P&L Flag** | **Borrower 1 P&L Prepared By** | **Borrower 1 P&L Number of Months** | **Borrower 2 P&L Flag** | **Borrower 2 P&L Prepared By** | **Borrower 2 P&L Number of Months** | **Borrower 3 P&L Flag** | **Borrower 3 P&L Prepared By** | **Borrower 3 P&L Number of Months** | **Borrower 4 P&L Flag** | **Borrower 4 P&L Prepared By** | **Borrower 4 P&L Number of Months** | **Borrower 1 Lease Agreement Flag** | **Borrower 1 Lease Agreement Number of Months** | **Borrower 2 Lease Agreement Flag** | **Borrower 2 Lease Agreement Number of Months** | **Borrower 3 Lease Agreement Flag** | **Borrower 3 Lease Agreement Number of Months** | **Borrower 4 Lease Agreement Flag** | **Borrower 4 Lease Agreement Number of Months** | **Equity Income Flag** | **Equity Income Amount** | **Equity Income Number of Months** | **Cross Collateralized Loan?** | **Is the Loan a Short-Term Rental?** | **DSCR with Rent Schedule Flag** | **DSCR with Rent Schedule Income Amount** | **DSCR with Lease Agreement Flag** | **DSCR with Lease Agreement Income Amount** | **DSCR %** | **DSCR Method Used** | **Borrower 1 CPA Letter with Income Flag** | **Borrower 1 CPA Letter with Income Number of Months** | **Borrower 1 CPA Letter without Income Flag** | **Borrower 1 CPA Letter without Income Number of Months** | **Borrower 2 CPA Letter with Income Flag** | **Borrower 2 CPA Letter with Income Number of Months** | **Borrower 2 CPA Letter without Income Flag** | **Borrower 2 CPA Letter without Income Number of Months** | **Borrower 3 CPA Letter with Income Flag** | **Borrower 3 CPA Letter with Income Number of Months** | **Borrower 3 CPA Letter without Income Flag** | **Borrower 3 CPA Letter without Income Number of Months** | **Borrower 4 CPA Letter with Income Flag** | **Borrower 4 CPA Letter with Income Number of Months** | **Borrower 4 CPA Letter without Income Flag** | **Borrower 4 CPA Letter without Income Number of Months** | **Borrower 1 Personal Bank Statements Flag** | **Borrower 1 Personal Bank Statements Number of Months** | **Borrower 2 Personal Bank Statements Flag** | **Borrower 2 Personal Bank Statements Number of Months** | **Borrower 3 Personal Bank Statements Flag** | **Borrower 3 Personal Bank Statements Number of Months** | **Borrower 4 Personal Bank Statements Flag** | **Borrower 4 Personal Bank Statements Number of Months** | **Borrower 1 Business Bank Statements Flag** | **Borrower 1 Business Bank Statements Number of Months** | **Borrower 2 Business Bank Statements Flag** | **Borrower 2 Business Bank Statements Number of Months** | **Borrower 3 Business Bank Statements Flag** | **Borrower 3 Business Bank Statements Number of Months** | **Borrower 4 Business Bank Statements Flag** | **Borrower 4 Business Bank Statements Number of Months** | **Borrower 1 Award Letter Flag** | **Borrower 1 Award Letter Number of Months** | **Borrower 2 Award Letter Flag** | **Borrower 2 Award Letter Number of Months** | **Borrower 3 Award Letter Flag** | **Borrower 3 Award Letter Number of Months** | **Borrower 4 Award Letter Flag** | **Borrower 4 Award Letter Number of Months** | **Borrower 1 Offer Letter Flag** | **Borrower 1 Offer Letter Number of Months** | **Borrower 2 Offer Letter Flag** | **Borrower 2 Offer Letter Number of Months** | **Borrower 3 Offer Letter Flag** | **Borrower 3 Offer Letter Number of Months** | **Borrower 4 Offer Letter Flag** | **Borrower 4 Offer Letter Number of Months** | **Borrower 1 IRS Transcripts - Tax Returns Flag** | **Borrower 1 IRS Transcripts - Tax Returns Number of Months** | **Borrower 1 IRS Transcripts - W2s Flag** | **Borrower 1 IRS Transcripts - W2s Number of Months** | **Borrower 2 IRS Transcripts - Tax Returns Flag** | **Borrower 2 IRS Transcripts - Tax Returns Number of Months** | **Borrower 2 IRS Transcripts - W2s Flag** | **Borrower 2 IRS Transcripts - W2s Number of Months** | **Borrower 3 IRS Transcripts - Tax Returns Flag** | **Borrower 3 IRS Transcripts - Tax Returns Number of Months** | **Borrower 3 IRS Transcripts - W2s Flag** | **Borrower 3 IRS Transcripts - W2s Number of Months** | **Borrower 4 IRS Transcripts - Tax Returns Flag** | **Borrower 4 IRS Transcripts - Tax Returns Number of Months** | **Borrower 4 IRS Transcripts - W2s Flag** | **Borrower 4 IRS Transcripts - W2s Number of Months** | **Borrower 1 Income Doc Type Summary** | **Borrower 2 Income Doc Type Summary** | **Borrower 3 Income Doc Type Summary** | **Borrower 4 Income Doc Type Summary** | **Borrower 1 Documentation Used to Determine Legal Residency** | **Borrower 2 Documentation Used to Determine Legal Residency** | **Borrower 3 Documentation Used to Determine Legal Residency** | **Borrower 4 Documentation Used to Determine Legal Residency** |
| 138835 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | (No Data) | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 8.7500 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -5040.11 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | Yes | Full Recourse | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 3400.00 | No | (No Data) | 0.6746 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 134406 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | U.S. Citizen | U.S. Citizen | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Purchase | Yes | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 8.0000 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2055.95 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 1700.00 | No | (No Data) | 0.8269 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 138820 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | Non-Resident Alien | (No Data) | (No Data) | Investor | Detached PUD | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Purchase | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.6250 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1916.11 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2000.00 | No | (No Data) | 1.0438 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 142023 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | Non-Resident Alien | (No Data) | (No Data) | Investor | High Rise Condo (9+) | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Purchase | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.2500 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2378.65 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2400.00 | No | (No Data) | 1.0090 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 138852 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | (No Data) | Present | Non-QM: Lender documented all ATR UW factors | XXXXXX | U.S. Citizen | (No Data) | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | No | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | Yes | Yes | 1 | 7.9734 | No | No | 4.344 | Not Applicable | No | No | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 44.78 | 45.34 | 44.78 | 45.34 | 45.34 | 45.34 | No | No | (No Data) | 5207.73 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | CPA Letter - 24 months;<br> P & L Only - 12 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 142014 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | Non-Resident Alien | (No Data) | Investor | Attached PUD | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.8751 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1825.4 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 3000.00 | No | (No Data) | 1.6435 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 142025 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | Non-Resident Alien | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Purchase | No | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.7501 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1940.12 | No | 0 | (No Data) | No | Not Applicable | (No Data) | Not Applicable | (No Data) | No | Yes | Full Recourse | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2000.00 | No | (No Data) | 1.0309 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 142026 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | U.S. Citizen | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Purchase | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.8751 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2440.06 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | No | Full Recourse | Yes | Full Recourse | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2200.00 | No | (No Data) | 0.9016 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 138841 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | No | Present | Non-QM: Lender documented all ATR UW factors | XXXXXX | U.S. Citizen | U.S. Citizen | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | No | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 7.0398 | Yes | Yes | 2.27 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | No | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 32.18 | 21.41 | 21.41 | 21.41 | 21.41 | 21.41 | No | No | (No Data) | 52589.79 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | Yes | CPA | 12 | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Yes | 252 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | CPA Letter without Income - 252 months;<br> P & L - 12 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 142016 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | Non-Resident Alien | (No Data) | (No Data) | Investor | Detached PUD | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Cashout Refi | No | No | No | No | Yes | 5%, 4%, 3%, 2%, 1% of amount prepaid in years 1-5 | (No Data) | Yes | Yes | 1 | 7.5000 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -3920.11 | No | 0 | (No Data) | No | Not Applicable | (No Data) | Not Applicable | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 4200.00 | No | (No Data) | 1.0714 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 142031 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | U.S. Citizen | (No Data) | (No Data) | Investor | Low Rise Condo (1-4) | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 9.1250 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -4070.4 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | Yes | 2300.00 | 0.5651 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/lease agreement - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 142020 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | Non-Resident Alien | (No Data) | (No Data) | Investor | Detached PUD | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Purchase | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.3750 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2038.72 | No | 0 | (No Data) | No | Not Applicable | (No Data) | Not Applicable | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2050.00 | No | (No Data) | 1.0055 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 142035 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | Non-Resident Alien | (No Data) | Investor | Detached PUD | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Purchase | No | Yes | No | No | Yes | 5%, 4%, 3% on amt prepd in yr 1,2,3 | (No Data) | Yes | Yes | 1 | 7.5001 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2099.8 | No | 0 | (No Data) | No | Not Applicable | (No Data) | Not Applicable | (No Data) | No | Yes | Full Recourse | Yes | Full Recourse | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2100.00 | No | (No Data) | 1.0001 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 142011 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | Non-Resident Alien | (No Data) | (No Data) | Investor | Detached PUD | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Purchase | No | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 8.0001 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2157.98 | No | 0 | (No Data) | No | Not Applicable | (No Data) | Not Applicable | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2150.00 | No | (No Data) | 0.9963 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 142039 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | (No Data) | Present | Non-QM: Lender documented all ATR UW factors | XXXXXX | U.S. Citizen | (No Data) | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | No | No | Cashout Refi | No | Yes | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 7.7334 | Yes | No | 1.887 | Not Applicable | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 44.77 | 44.77 | 44.77 | 36.02 | 36.02 | 44.77 | No | No | (No Data) | 7199.1 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | Yes | Tax Preparer | 12 | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | CPA Letter - 24 months;<br> P & L - 12 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 142040 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | U.S. Citizen | U.S. Citizen | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Rate and Term Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 8.3750 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -3819.52 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2100.00 | No | (No Data) | 0.5498 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 142044 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | No | Present | Non-QM: Lender documented all ATR UW factors | XXXXXX | U.S. Citizen | (No Data) | (No Data) | Second Home | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Cashout Refi | No | No | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 8.5329 | No | Yes | 2.711 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | Yes | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 37 | 43.62 | 36.52 | 43.62 | 43.62 | 43.62 | No | Yes | Yes | 15503.73 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | Yes | CPA | 15 | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Yes | 132 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | CPA Letter without Income - 132 months;<br> P & L - 15 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 142046 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | Non-Resident Alien | (No Data) | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Purchase | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.9810 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1630.64 | No | 0 | (No Data) | No | Not Applicable | (No Data) | Not Applicable | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 1650.00 | No | (No Data) | 1.0119 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141783 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | U.S. Citizen | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.8751 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1294.96 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | Yes | Full Recourse | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 1550.00 | No | (No Data) | 1.1969 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141768 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | (No Data) | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.8751 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1267.97 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | Yes | Full Recourse | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 1400.00 | No | (No Data) | 1.1041 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141792 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | U.S. Citizen | (No Data) | Investor | SFR-Attached | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Rate and Term Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 8.6250 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1548.28 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | Yes | Full Recourse | Yes | Full Recourse | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 1180.00 | No | (No Data) | 0.7621 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months;<br> DSCR - w/rent schedule - 0 months | (No Data) | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) |
| 141793 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | U.S. Citizen | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.8751 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -4160.86 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | Yes | Full Recourse | Yes | Full Recourse | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | Yes | Yes | 3200.00 | No | (No Data) | 0.7690 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) |
| 141737 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | U.S. Citizen | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | No | No | No | Yes | 5%, 4%, 3%, 2%, 1% of amount prepaid in years 1-5 | (No Data) | Yes | Yes | 1 | 9.1250 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1203.12 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | Yes | Full Recourse | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 1350.00 | No | (No Data) | 1.1220 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141752 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | (No Data) | Present | Non-QM: Lender documented all ATR UW factors | XXXXXX | U.S. Citizen | (No Data) | (No Data) | Primary | 2 Family | 2 | Conventional | No | No | No | No | (No Data) | Yes | No | Cashout Refi | No | No | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 10.1313 | No | No | 2.449 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 49.87 | 50.14 | 49.87 | 50.14 | 50.14 | 50.14 | No | No | (No Data) | 2679.11 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 13 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Lease Agreement - 12 months;<br> Personal Bank Statements - 13 months;<br> W2 - 12 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141753 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | (No Data) | Present | Non-QM: Lender documented all ATR UW factors | XXXXXX | Non-Permanent Resident Alien | (No Data) | (No Data) | Primary | Detached PUD | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | Yes | No | 1 | 8.5287 | Yes | Yes | 4.179 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 37.48 | 37.48 | 37.48 | 37.48 | 37.48 | 37.48 | Yes | Yes | Yes | 12741.65 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months | (No Data) | (No Data) | (No Data) | Other | (No Data) | (No Data) | (No Data) |
| 141794 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | U.S. Citizen | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 8.5000 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -3735.42 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | Yes | Full Recourse | Yes | Full Recourse | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2850.00 | No | (No Data) | 0.7629 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) |
| 141745 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | U.S. Citizen | U.S. Citizen | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Purchase | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.3750 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -7378.38 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | Yes | Yes | 12200.00 | No | (No Data) | 1.6534 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141771 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | (No Data) | Present | Non-QM: Lender documented all ATR UW factors | XXXXXX | Non-Permanent Resident Alien | (No Data) | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 9.8807 | Yes | Yes | 1.147 | Not Applicable | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 20.73 | 24.65 | 20.73 | 24.65 | 24.65 | 24.65 | No | No | (No Data) | 10246.5 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | CPA Letter - 24 months;<br> Personal Bank Statements - 12 months | (No Data) | (No Data) | (No Data) | Employment Authorization Document | (No Data) | (No Data) | (No Data) |
| 141791 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | U.S. Citizen | (No Data) | (No Data) | Investor | Low Rise Condo (1-4) | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 9.3750 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -6212.11 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 4700.00 | No | (No Data) | 0.7565 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141754 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | U.S. Citizen | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | No | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 9.3750 | No | No | 0 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1698.26 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 1700.00 | No | (No Data) | 1.0010 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141765 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | U.S. Citizen | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Purchase | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 8.2500 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2728.88 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2900.00 | No | (No Data) | 1.0627 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141766 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | U.S. Citizen | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Rate and Term Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 9.1250 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -5530.63 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 6000.00 | No | (No Data) | 1.0848 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141736 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | (No Data) | Present | Non-QM: Lender documented all ATR UW factors | XXXXXX | Non-Permanent Resident Alien | (No Data) | (No Data) | Primary | Detached PUD | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Cashout Refi | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 9.3446 | Yes | Yes | 2.448 | Not Applicable | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 30.86 | 32.86 | 30.86 | 32.86 | 32.86 | 32.86 | No | No | (No Data) | 11038.08 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter - 12 months | (No Data) | (No Data) | (No Data) | Employment Authorization Document | (No Data) | (No Data) | (No Data) |
| 141782 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | U.S. Citizen | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Rate and Term Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 8.6250 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1397.11 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | Yes | Full Recourse | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 1650.00 | No | (No Data) | 1.1810 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141755 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | U.S. Citizen | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Purchase | Yes | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 6.6249 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2194.72 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | Yes | Full Recourse | Yes | Full Recourse | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2200.00 | No | (No Data) | 1.0024 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) |
| 141746 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | U.S. Citizen | (No Data) | Investor | 2 Family | 2 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.1251 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1448.82 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2400.00 | No | (No Data) | 1.6565 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141739 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | U.S. Citizen | (No Data) | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Purchase | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 9.6250 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1698.01 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 1875.00 | No | (No Data) | 1.1042 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141762 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | U.S. Citizen | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.1251 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2409.29 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2500.00 | No | (No Data) | 1.0376 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141748 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | QM: Safe Harbor (APOR) | No | Present | QM: Safe Harbor (APOR) | XXXXXX | U.S. Citizen | (No Data) | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | No | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 7.5228 | Yes | Yes | 2.352 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | Yes | Yes | Yes | Not Applicable | Yes | (No Data) | (No Data) | (No Data) | (No Data) | Not Applicable | (No Data) | (No Data) | (No Data) | (No Data) | 36.07 | 36.07 | 36.07 | 36.07 | 36.07 | 36.07 | No | No | (No Data) | 99017.28 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141795 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | U.S. Citizen | (No Data) | Investor | Detached PUD | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.8751 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -3906.93 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | Yes | Full Recourse | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 3000.00 | No | (No Data) | 0.7678 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141743 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | QM: Rebuttable Presumption (APOR) | Yes | Present | QM: Safe Harbor (APOR) | XXXXXX | U.S. Citizen | Permanent Resident Alien | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 8.7945 | No | No | 2.646 | Not Applicable | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Yes | Yes | Yes | Yes | Yes | (No Data) | (No Data) | (No Data) | (No Data) | Not Applicable | (No Data) | (No Data) | (No Data) | (No Data) | 48.78 | 48.78 | 48.78 | 48.78 | 48.78 | 48.78 | No | No | (No Data) | 5505.98 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | 1 | Yes | 1 | No | (No Data) | No | (No Data) | Yes | 24 | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 16 | Yes | 26 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | IRS Transcripts – Tax Return(s) - 24 months;<br> Paystub - 1 months;<br> Verbal VOE with Income - 16 months;<br> W2 - 24 months | IRS Transcripts – Tax Return(s) - 24 months;<br> Paystub - 1 months;<br> Verbal VOE with Income - 26 months;<br> W2 - 12 months | (No Data) | (No Data) | (No Data) | Green Card | (No Data) | (No Data) |
| 141784 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | Non-Permanent Resident Alien | (No Data) | Investor | Detached PUD | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Purchase | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 6.9990 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2367.6 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2800.00 | No | (No Data) | 1.1826 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | Other | (No Data) | (No Data) |
| 141756 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | Non-Permanent Resident Alien | (No Data) | Investor | Detached PUD | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Cashout Refi | Yes | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 6.9990 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2495.46 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2500.00 | No | (No Data) | 1.0018 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | Work Visa | (No Data) | (No Data) |
| 141776 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | (No Data) | Present | Non-QM: Lender documented all ATR UW factors | XXXXXX | Permanent Resident Alien | (No Data) | (No Data) | Primary | Low Rise Condo (1-4) | 1 | Conventional | No | No | No | No | (No Data) | No | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | Yes | No | 1 | 7.8951 | Yes | Yes | 4.411 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 30.49 | 30.33 | 30.49 | 30.33 | 30.33 | 30.33 | Yes | Yes | Yes | 8439.15 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter - 24 months | (No Data) | (No Data) | (No Data) | Other | (No Data) | (No Data) | (No Data) |
| 138810 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | U.S. Citizen | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Purchase | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.6250 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1982.84 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 1750.00 | No | (No Data) | 0.8825 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141777 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | (No Data) | Present | Non-QM: Lender documented all ATR UW factors | XXXXXX | U.S. Citizen | U.S. Citizen | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | No | No | Purchase | Yes | Yes | No | No | No | (No Data) | (No Data) | Yes | Yes | 1 | 7.6734 | Yes | No | 3.16 | Not Applicable | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 52.8 | 19.04 | 52.8 | 17.85 | 17.85 | 18.39 | No | No | (No Data) | 21564.2 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Paystub - 1 months;<br> W2 - 24 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141735 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | Non-Permanent Resident Alien | (No Data) | Investor | Low Rise Condo (1-4) | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 8.9990 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2320.71 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | Yes | Full Recourse | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2200.00 | No | (No Data) | 0.9479 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | Other | Other | (No Data) |
| 141741 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | Non-Resident Alien | (No Data) | Investor | Low Rise Condo (1-4) | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 8.9990 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2315.45 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | Yes | Full Recourse | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2250.00 | No | (No Data) | 0.9717 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141781 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | U.S. Citizen | (No Data) | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 8.5000 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1195.24 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 1400.00 | No | (No Data) | 1.1713 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141760 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | U.S. Citizen | (No Data) | Investor | Low Rise Condo (1-4) | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Purchase | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.6250 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1384.58 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 1400.00 | No | (No Data) | 1.0111 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141749 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | QM: Rebuttable Presumption (APOR) | No | Present | QM: Safe Harbor (APOR) | XXXXXX | U.S. Citizen | (No Data) | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 8.5854 | Yes | Yes | 1.872 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | Yes | Yes | Yes | No | Yes | (No Data) | (No Data) | (No Data) | (No Data) | Not Applicable | (No Data) | (No Data) | (No Data) | (No Data) | 38.84 | 38.83 | 38.84 | 38.83 | 38.83 | 38.83 | No | No | (No Data) | 18914.53 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | Independent Third Party (The Work Number, Equifax etc) | 27 | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> Lease Agreement - 12 months;<br> Paystub - 1 months;<br> W2 - 24 months;<br> Written VOE - 27 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141785 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | U.S. Citizen | (No Data) | Investor | Detached PUD | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 7.1251 | No | No | 0 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -5255.25 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | Yes | Full Recourse | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | Yes | Yes | 7120.00 | No | (No Data) | 1.3548 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141787 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | U.S. Citizen | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Rate and Term Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.3750 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1438.91 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2000.00 | No | (No Data) | 1.3899 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141770 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | U.S. Citizen | (No Data) | (No Data) | Investor | 2 Family | 2 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Purchase | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.5000 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2087.52 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2400.00 | No | (No Data) | 1.1496 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141757 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | Non-Permanent Resident Alien | (No Data) | Investor | Detached PUD | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Purchase | Yes | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.7500 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2187.21 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2199.00 | No | (No Data) | 1.0053 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | Entry stamp | (No Data) | (No Data) |
| 141758 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | U.S. Citizen | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 8.9990 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1799.94 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 1800.00 | No | (No Data) | 1.0002 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141779 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | QM: Safe Harbor (APOR) | No | Present | QM: Safe Harbor (APOR) | XXXXXX | U.S. Citizen | U.S. Citizen | (No Data) | Primary | Detached PUD | 1 | Conventional | No | No | No | No | (No Data) | No | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 7.6255 | Yes | Yes | 2.348 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | Yes | Yes | Yes | No | No | (No Data) | (No Data) | (No Data) | (No Data) | Not Applicable | (No Data) | (No Data) | (No Data) | (No Data) | 36.78 | 36.25 | 36.78 | 36.25 | 36.25 | 36.25 | No | Yes | Yes | 7266.12 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | 3 | Yes | 3 | No | (No Data) | No | (No Data) | Yes | 12 | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | Independent Third Party (The Work Number, Equifax etc) | 96 | Yes | Independent Third Party (The Work Number, Equifax etc) | 36 | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | IRS Transcripts – W2(s) - 12 months;<br> Paystub - 3 months;<br> W2 - 12 months;<br> Written VOE - 96 months | IRS Transcripts – W2(s) - 12 months;<br> Paystub - 3 months;<br> W2 - 24 months;<br> Written VOE - 36 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141797 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | U.S. Citizen | (No Data) | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.8751 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -4467.38 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 3550.00 | No | (No Data) | 0.7946 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141759 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | U.S. Citizen | (No Data) | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | Yes | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 8.6250 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -3841.03 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 3850.00 | No | (No Data) | 1.0023 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141750 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | (No Data) | Present | Non-QM: Lender documented all ATR UW factors | XXXXXX | U.S. Citizen | (No Data) | (No Data) | Second Home | Low Rise Condo (1-4) | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | Yes | No | 1 | 8.2533 | Yes | Yes | 3.379 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 39.58 | 38.87 | 39.58 | 38.87 | 38.87 | 38.87 | No | No | (No Data) | 9918.12 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | 3 | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | IRS Transcripts – Tax Return(s) - 24 months;<br> Paystub - 3 months;<br> W2 - 24 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141740 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | U.S. Citizen | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.3750 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1247.77 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 1515.00 | No | (No Data) | 1.2141 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| 141786 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | U.S. Citizen | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 6.9990 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2216.16 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | Yes | Full Recourse | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 3000.00 | No | (No Data) | 1.3536 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) |
| <br>©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. | <br>©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. | <br>©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. | <br>©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. | <br>©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. | <br>©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. | <br>©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. | <br>©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 Schedule 5**

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Client Name:** | | | |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Client Project Name:** | **PRPM 2025-NQM4** | **PRPM 2025-NQM4** | **PRPM 2025-NQM4** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Start - End Dates:** | **1/31/2025 - 6/2/2025** | **1/31/2025 - 6/2/2025** | **1/31/2025 - 6/2/2025** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Deal Loan Count:** | **62** | **62** | **62** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Rating Agency ATR QM Data Fields** | **Rating Agency ATR QM Data Fields** | **Rating Agency ATR QM Data Fields** | **Rating Agency ATR QM Data Fields** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| *Loans in Report:* | *62* | *62* | *62* |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Loan Number** | **Loan Level ATR/QM Status** | **Application Date Prior to 1/10/2014** | **TRID Indicator** | **Lender Application Date** | **Broker Application Date** | **GSE Eligible** | **QRM Flag** | **ATR/QM Total Points and Fees** | **Rate Lock Date** | **APR** | **Bwr 1 Employment Indicator** | **Bwr 2 Employment Indicator** | **Bwr 1 Foreign National Indicator** | **Bwr 2 Foreign National Indicator** | **Borrowers Qualified Through a Non-Resident Alien Program** | **Residual Income Analysis in File** | **ATR/QM Residual Income** |
| 138835 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 8.75 | Unemployed | Unemployed | (No Data) | (No Data) | (No Data) | (No Data) | 0 |
| 134406 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 8 | Unemployed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | (No Data) | 0 |
| 138820 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.625 | Unemployed | (No Data) | Non-Resident Alien | (No Data) | (No Data) | (No Data) | 0 |
| 142023 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.25 | Unemployed | (No Data) | Non-Resident Alien | (No Data) | (No Data) | (No Data) | 0 |
| 138852 | Non-QM: Lender documented all ATR UW factors | No | Yes | XXXXXX | XXXXXX | No | No | 12582.36 | XXXXXX | 7.9734 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| 142014 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.8751 | Unemployed | Unemployed | (No Data) | Non-Resident Alien | (No Data) | (No Data) | 0 |
| 142025 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.7501 | Unemployed | Unemployed | (No Data) | Non-Resident Alien | (No Data) | (No Data) | 0 |
| 142026 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.8751 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 |
| 138841 | Non-QM: Lender documented all ATR UW factors | No | Yes | XXXXXX | XXXXXX | No | No | 21595 | XXXXXX | 7.0398 | Employed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| 142016 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.5 | Unemployed | (No Data) | Non-Resident Alien | (No Data) | (No Data) | (No Data) | 0 |
| 142031 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 9.125 | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | (No Data) | 0 |
| 142020 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.375 | Unemployed | (No Data) | Non-Resident Alien | (No Data) | (No Data) | (No Data) | 0 |
| 142035 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.5001 | Unemployed | Unemployed | (No Data) | Non-Resident Alien | (No Data) | (No Data) | 0 |
| 142011 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 8.0001 | Unemployed | (No Data) | Non-Resident Alien | (No Data) | (No Data) | (No Data) | 0 |
| 142039 | Non-QM: Lender documented all ATR UW factors | No | Yes | XXXXXX | XXXXXX | No | No | 9995 | XXXXXX | 7.7334 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| 142040 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 8.375 | Unemployed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | (No Data) | 0 |
| 142044 | Non-QM: Lender documented all ATR UW factors | No | Yes | XXXXXX | XXXXXX | No | No | 10045 | XXXXXX | 8.5329 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 15503.73 |
| 142046 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.981 | Unemployed | (No Data) | Non-Resident Alien | (No Data) | (No Data) | (No Data) | 0 |
| 141783 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.8751 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 |
| 141768 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.8751 | Unemployed | Employed | (No Data) | (No Data) | (No Data) | (No Data) | 0 |
| 141792 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 8.625 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 |
| 141793 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.8751 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 |
| 141737 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 9.125 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 |
| 141752 | Non-QM: Lender documented all ATR UW factors | No | Yes | XXXXXX | XXXXXX | No | No | 5390.88 | XXXXXX | 10.1313 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| 141753 | Non-QM: Lender documented all ATR UW factors | No | Yes | XXXXXX | XXXXXX | No | No | 21483.2 | XXXXXX | 8.5287 | Employed | (No Data) | Non-Permanent Resident Alien | (No Data) | (No Data) | Yes | 12741.3 |
| 141794 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 8.5 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 |
| 141745 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.375 | Unemployed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | (No Data) | 0 |
| 141771 | Non-QM: Lender documented all ATR UW factors | No | Yes | XXXXXX | XXXXXX | No | No | 2495.06 | XXXXXX | 9.8807 | Employed | (No Data) | Non-Permanent Resident Alien | (No Data) | (No Data) | No | 0 |
| 141791 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 9.375 | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | (No Data) | 0 |
| 141754 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 9.375 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 |
| 141765 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 8.25 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 |
| 141766 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 9.125 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 |
| 141736 | Non-QM: Lender documented all ATR UW factors | No | Yes | XXXXXX | XXXXXX | No | No | 8867 | XXXXXX | 9.3446 | Employed | (No Data) | Non-Permanent Resident Alien | (No Data) | (No Data) | No | 0 |
| 141782 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 8.625 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 |
| 141755 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 6.6249 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 |
| 141746 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.1251 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 |
| 141739 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 9.625 | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | (No Data) | 0 |
| 141762 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.1251 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 |
| 141748 | QM: Safe Harbor (APOR) | No | Yes | XXXXXX | XXXXXX | No | Yes | 93352.69 | XXXXXX | 7.5228 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| 141795 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.8751 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 |
| 141743 | QM: Rebuttable Presumption (APOR) | No | Yes | XXXXXX | XXXXXX | No | Yes | 9993.19 | XXXXXX | 8.7945 | Employed | Employed | U.S. Citizen | Permanent Resident Alien | (No Data) | No | 0 |
| 141784 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 6.999 | Unemployed | Unemployed | (No Data) | Non-Permanent Resident Alien | (No Data) | (No Data) | 0 |
| 141756 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 6.999 | Employed | Unemployed | (No Data) | Non-Permanent Resident Alien | (No Data) | (No Data) | 0 |
| 141776 | Non-QM: Lender documented all ATR UW factors | No | Yes | XXXXXX | XXXXXX | No | No | 11818.63 | XXXXXX | 7.8951 | Employed | (No Data) | Permanent Resident Alien | (No Data) | (No Data) | Yes | 8455.62 |
| 138810 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.625 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 |
| 141777 | Non-QM: Lender documented all ATR UW factors | No | Yes | XXXXXX | XXXXXX | No | No | 12456.5 | XXXXXX | 7.6734 | Employed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| 141735 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 8.999 | Unemployed | Unemployed | (No Data) | Non-Permanent Resident Alien | (No Data) | (No Data) | 0 |
| 141741 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 8.999 | Unemployed | Unemployed | (No Data) | Non-Resident Alien | (No Data) | (No Data) | 0 |
| 141781 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 8.5 | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | (No Data) | 0 |
| 141760 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.625 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 |
| 141749 | QM: Rebuttable Presumption (APOR) | No | Yes | XXXXXX | XXXXXX | No | Yes | 13646 | XXXXXX | 8.5854 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| 141785 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.1251 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 |
| 141787 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.375 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 |
| 141770 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.5 | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | (No Data) | 0 |
| 141757 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.75 | Unemployed | Unemployed | (No Data) | Non-Permanent Resident Alien | (No Data) | (No Data) | 0 |
| 141758 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 8.999 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 |
| 141779 | QM: Safe Harbor (APOR) | No | Yes | XXXXXX | XXXXXX | No | Yes | 9674 | XXXXXX | 7.6255 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 7063.24 |
| 141797 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.8751 | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | (No Data) | 0 |
| 141759 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 8.625 | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | (No Data) | 0 |
| 141750 | Non-QM: Lender documented all ATR UW factors | No | Yes | XXXXXX | XXXXXX | No | No | 8000.25 | XXXXXX | 8.2533 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| 141740 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 7.375 | Employed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 |
| 141786 | ATR/QM: Exempt | No | Yes | XXXXXX | XXXXXX | No | No | 0 | XXXXXX | 6.999 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 |
| <br>©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. | <br>©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. | <br>©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. | <br>©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. | <br>©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. | <br>©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. | <br>©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. |  |  |  |  |  |  |  |  |  |  |  |

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## Exhibit 99.5

**Exhibit 99.5 Schedule 6**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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| 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | 91 | 92 | 93 | 94 | 95 | 96 | 97 | 98 | 99 | 100 | 101 | 102 | 103 | 104 | 105 | 106 | 107 | 108 | 109 | 110 | 111 | 112 | 113 | 114 | 115 | 116 | 117 | 118 | 119 | 120 | 121 | 122 | 123 | 124 | 125 | 126 | 127 | 128 | 129 | 130 | 131 | 132 | 133 | 134 | 135 | 136 | 137 | 138 | 139 | 140 | 141 | 142 | 143 | 144 | 145 | 146 | 147 | 148 | 149 | 150 | 151 | 152 | 153 | 154 | 155 | 156 | 157 | 158 | 159 | 160 | 161 | 162 | 163 | 164 | 165 | 166 | 167 | 168 | 169 | 170 | 171 | 172 | 173 | 174 | 175 | 176 | 177 | 178 | 179 | 180 | 181 | 182 | 183 | 184 | 185 | 186 | 187 | 188 | 189 | 190 | 191 | 192 | 193 | 194 | 195 | 196 | 197 | 198 | 199 | 200 | 201 | 202 | 203 | 204 | 205 | 206 | 207 | 208 | 209 | 210 | 211 | 212 | 213 | 214 | 215 | 216 | 217 | 218 | 219 | 220 | 221 | 222 | 223 | 224 | 225 | 226 | 227 | 228 | 229 | 230 | 231 | 232 | 233 | 234 | 235 | 236 | 237 | 238 | 239 | 240 | 241 | 245 | 249 | 253 | 257 | 258 | 259 | 260 | 261 |
| **Loan Number** | **Seller Loan Number** | **Borrower 1 Last Name** | **Borrower 1 First Name** | **Borrower 2 Guarantor Flag** | **Borrower 2 Last Name** | **Borrower 2 First Name** | **Borrower 3 Guarantor Flag** | **Borrower 3 Last Name** | **Borrower 3 First Name** | **Borrower 4 Guarantor Flag** | **Borrower 4 Last Name** | **Borrower 4 First Name** | **Borrowing Entity Name** | **Borrower 2 Borrowing Entity Name** | **Address Street** | **Address Street 2** | **Address City** | **Address State** | **Address Zip** | **Loan Type** | **Product Type** | **Amortization Type** | **Note Status** | **Original Principal Balance** | **Note Date** | **First Payment Date** | **Note Rate** | **Note P&I** | **Payment Frequency** | **Maturity Date** | **Note Term** | **Amortized Term** | **Balloon** | **Balloon Term** | **Interest Only Period** | **Interest Only Term** | **Prepayment Penalty** | **Prepayment Penalty Term** | **Prepayment Penalty Type** | **Buydown** | **Buydown Period** | **Index** | **Look Back Period** | **Margin** | **Rounding Method** | **Max Rate At First Adj** | **Min Rate At First Adj** | **Rate Change Frequency** | **Payment Change Frequency** | **First Rate Change Date** | **First Payment Change Date** | **Next Rate Change Date** | **Next Pay Change Date** | **Periodic Rate Cap** | **Negative Amortization Principal Cap** | **Periodic Payment Cap Code** | **Maximum Rate** | **Minimum Rate** | **Lender Name** | **Origination Channel** | **Loan Modified** | **Reason For Modification** | **Mod Product Type** | **Modified Note Status** | **Modified Note Date** | **Note Amort Type Mod** | **Loan Amount Mod** | **Note Rate Mod** | **Note P&I Mod** | **Payment Frequency Mod** | **First Payment Date Mod** | **Maturity Date Mod** | **Loan Term Mod** | **Balloon Mod** | **Balloon Term Mod** | **Interest Only Period Mod** | **Interest Only Term Mod** | **Index Mod** | **Lookback Period Mod** | **Margin Mod** | **Rounding Method Mod** | **Max Rate At First Adj Mod** | **Min Rate At First Adj Mod** | **Rate Change Frequency Mod** | **Pay Change Frequency Mod** | **First Rate Change Date Mod** | **First Payment Change Date Mod** | **Next Rate Change Date Mod** | **Next Pay Change Date Mod** | **Periodic Rate Cap Mod** | **Negative Amortization Principal Cap Mod** | **Periodic Payment Cap Code Mod** | **Maximum Rate Mod** | **Minimum Rate Mod** | **Occupancy** | **Loan Purpose** | **Cash To Borrower At Close** | **Total Cash Out** | **Appraisal Status** | **Appraisal Form** | **Appraisal Date** | **Appraised Value** | **Sales Price** | **Value for LTV** | **Property Type** | **Number of Units** | **Year Built** | **Location** | **Occupancy Status** | **Appraisal Made** | **Site Value** | **Appraisal Review Type** | **Appraisal Review Value** | **LTV** | **CLTV** | **HCLTV** | **Mortgage Status** | **County** | **MIN Number** | **Transaction Date** | **Assumable** | **Mandatory Arbitration** | **Mortgage Insurance Required Indicator** | **Mortgage Cert in File** | **MI Paid By Borrower or Lender** | **MI Cert Number** | **MI Company** | **MI Percent of Coverage** | **MI Monthly Payment** | **Lien Position** | **Title Status** | **Other Liens** | **Other Lien Balance** | **Other Lien Payment** | **Title Doc Type** | **Title Interest Type** | **Property Tax Amount** | **Hazard Insurance Premium Amount** | **Flood Insurance Issuer** | **Flood Insurance Policy Mandatory** | **Flood Insurance Premium Amount** | **HOA Monthly Premium Amount** | **Application Status** | **Application Date** | **Number In Household** | **Relocation Loan** | **Credit Report Status** | **Credit Report Date** | **Longest Tradeline** | **Max Tradeline Amount** | **Number of Tradelines Open** | **Late Payments x30** | **Late Payments x60** | **Late Payments x90** | **Borrower 1 SSN** | **Borrower 1 Date of Birth** | **Borrower 1 Age** | **Borrower 1 Occupation** | **Borrower 1 Years On Job** | **Borrower 1 Years In Field** | **Borrower 1 Self Employed** | **Borrower 1 First Time Home Buyer** | **Borrower 1 Gender** | **Borrower 1 US Citizen** | **Borrower 1 Permanent Resident** | **Borrower 1 Non Permanent Resident** | **Borrower 1 Residency Basis Type** | **Borrower 1 Residency Duration Years** | **Borrower 1 Ethnicity** | **Borrower 1 Race** | **Borrower 1 Race 2** | **Borrower 1 Race 3** | **Borrower 1 Race 4** | **Borrower 1 Race 5** | **Borrower 1 Equifax Credit Score** | **Borrower 1 Experian Credit Score** | **Borrower 1 Transunion Credit Score** | **Borrower 1 Total Income** | **Borrower 2 SSN** | **Borrower 2 Date Of Birth** | **Borrower 2 Age** | **Borrower 2 Occupation** | **Borrower 2 Years On Job** | **Borrower 2 Years In Field** | **Borrower 2 Self Employed** | **Borrower 2 First Time Home Buyer** | **Borrower 2 Gender** | **Borrower 2 US Citizen** | **Borrower 2 Permanent Resident** | **Borrower 2 Non Permanent Resident** | **Borrower 2 Residency Basis Type** | **Borrower 2 Residency Duration Years** | **Borrower 2 Ethnicity** | **Borrower 2 Race** | **Borrower 2 Race 2** | **Borrower 2 Race 3** | **Borrower 2 Race 4** | **Borrower 2 Race 5** | **Borrower 2 Equifax Credit Score** | **Borrower 2 Experian Credit Score** | **Borrower 2 Transunion Credit Score** | **Borrower 2 Total Income** | **Current Balance** | **Current P&I** | **Representative Credit Score** | **Total Monthly Income** | **Total Remaining Gross Monthly Income** | **DTI (Front)** | **DTI (Back)** | **Total Monthly Expenses** | **Primary Residence Expense** | **Total Assets** | **Effective Amount (Assets Used)** | **Liquid Assets** | **Total Cash Required From Borrower** | **Cash Reserves** | **Months PITI Reserves** | **Months PITI Reserves (Qual Rate)** | **Qualification Method** | **Qualifying Rate** | **Qualifying P&I** | **DTI Qualifying (Front)** | **DTI Qualifying (Back)** | **Loan Doc Type** | **AUS Underwritten** | **What AUS Was Used** | **AUS Grade** | **HUD 1 Status** | **Disbursement Date** | **Good Faith Estimate Status** | **ROR Status** | **Early TIL Status** | **Corrected TIL Status** | **Final TIL Status** | **Active Material Exceptions** | **Active Non-Material Exceptions** | **Satisfied Exceptions** | **Waived Exceptions** | **Compensating Factors** | **General Comments** | **Loan Level ATR/QM Status** | **Initial Securitization Compliance Grade** | **Final Securitization Compliance Grade** | **Initial S&P Compliance Grade** | **Final S&P Compliance Grade** | **Borrower 1 Income Doc Type Summary** | **Borrower 2 Income Doc Type Summary** | **Borrower 3 Income Doc Type Summary** | **Borrower 4 Income Doc Type Summary** |
| 138835 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 8.7500 | 3832.80 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 36 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 70.00 | 70.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 222.25 | (No Data) | (No Data) | (No Data) | Not Applicable | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0 | 487200.00 | (No Data) | 711 | 0 | -5040.11 | 0 | 0 | 5040.11 | 0 | 441601.45 | 441601.45 | 441601.45 | XXXXXX | 441601.45 | 87.62 | 87.62 | Fully Amortized | 8.750 | 3832.81 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | N/A | N/A | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) |
| 134406 | XXXXXX | XXXXXX | XXXXXX | No | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 40 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 8.0000 | 1831.56 | Monthly | XXXXXX | 480 | 480 | No | (No Data) | No | (No Data) | Yes | 60 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Owner | As-Is | XXXXXX | (No Data) | XXXXXX | 85.00 | 85.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 112.25 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | 2 | No | Present | XXXXXX | 139 | 11500.00 | 14 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 736 | 711 | 742 | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 674 | 686 | 688 | 0 | 263415.00 | (No Data) | 736 | 0 | -2055.95 | 0 | 0 | 2055.95 | 0 | 97816.85 | 91144.38 | 75575.28 | XXXXXX | 41898.47 | 20.38 | 20.38 | Fully Amortized | 8.000 | 1831.56 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | Missing | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt B | A B | A B | A B | A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) |
| 138820 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.6250 | 1088.23 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 60 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Detached PUD | 1 | XXXXXX | Suburban | Owner | Subject to Completion(cert in file) | XXXXXX | (No Data) | XXXXXX | 75.00 | 75.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 233.75 | (No Data) | (No Data) | (No Data) | 39.17 | Present | XXXXXX | 2 | No | Not Applicable | XXXXXX | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 680 | 680 | 680 | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | 153750.00 | (No Data) | 680 | 0 | -1916.11 | 0 | 0 | 1916.11 | 0 | 81857.68 | 81857.68 | 81857.68 | XXXXXX | 16996.83 | 8.87 | 8.87 | Fully Amortized | 7.625 | 1088.24 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | Missing | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | A | A | A | A | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) |
| 142023 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.2500 | 1717.72 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 60 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Purchase | XXXXXX | XXXXXX | Present | 1073 Condo (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | High Rise Condo (9+) | 1 | XXXXXX | Urban | Vacant | As-Is | XXXXXX | (No Data) | XXXXXX | 53.57 | 53.57 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Final Title | Fee Simple | XXXXXX | 58.08 | (No Data) | (No Data) | (No Data) | 318.00 | Present | XXXXXX | 1 | No | Not Applicable | XXXXXX | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 680 | 680 | 680 | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | 251800.00 | (No Data) | 680 | 0 | -2378.65 | 0 | 0 | 2378.65 | 0 | 222841.56 | 222841.56 | 222841.56 | XXXXXX | 15749.69 | 6.62 | 6.62 | Fully Amortized | 7.250 | 1717.72 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | Missing | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | A | A | A | A | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) |
| 138852 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.7500 | 2120.58 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Primary | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 80.00 | 80.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 141.00 | (No Data) | (No Data) | 0.00 | 0.00 | Present | XXXXXX | 5 | No | Present | XXXXXX | 77 | 7000.00 | 6 | 0 | 0 | 0 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 715 | 713 | 699 | 9526.64 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | 296000.00 | (No Data) | 713 | 9526.64 | 5207.73 | 28.04 | 45.34 | 4318.91 | 2670.91 | 33422.35 | 33422.35 | 33422.35 | XXXXXX | 16287.65 | 6.1 | 6.10 | Fully Amortized | 7.750 | 2120.59 | 28.04 | 45.34 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | A | A | A | A | CPA Letter - 24 months;<br> P & L Only - 12 months | (No Data) | (No Data) | (No Data) |
| 142014 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.8750 | 942.59 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 36 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Attached PUD | 1 | XXXXXX | Suburban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 35.61 | 35.61 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 287.48 | (No Data) | (No Data) | (No Data) | 310.00 | Present | XXXXXX | Not Applicable | No | Not Applicable | XXXXXX | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 680 | 680 | 680 | 0 | 130000.00 | (No Data) | 680 | 0 | -1825.4 | 0 | 0 | 1825.4 | 0 | 117022.71 | 117022.71 | 117022.71 | XXXXXX | 117022.71 | 64.11 | 64.11 | Fully Amortized | 7.875 | 942.60 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | N/A | N/A | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) |
| 142025 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 yr Fixed - 10 yr IO | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.7500 | 1525.78 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | Yes | 120 | Yes | 36 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Owner | As-Is | XXXXXX | (No Data) | XXXXXX | 75.00 | 75.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 180.42 | (No Data) | (No Data) | 0.00 | 0.00 | Present | XXXXXX | Not Applicable | No | Not Applicable | XXXXXX | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 680 | 680 | 680 | 0 | 236250.00 | (No Data) | 680 | 0 | -1940.12 | 0 | 0 | 1940.12 | 0 | 111004.03 | 111004.03 | 111004.03 | XXXXXX | 16137.12 | 8.32 | 8.32 | Fully Amortized | 7.750 | 1525.78 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt C | N/A | N/A C | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) |
| 142026 | XXXXXX | XXXXXX | XXXXXX | No | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.8750 | 1903.31 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 60 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Vacant | As-Is | XXXXXX |  | XXXXXX | 75.00 | 75.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 268.58 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 180 | 28000.00 | 15 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 774 | 792 | 752 | 0 | 262500.00 | (No Data) | 774 | 0 | -2440.06 | 0 | 0 | 2440.06 | 0 | 2645926.00 | 2645926 | 2645926 | XXXXXX | 2548256.38 | 1044.34 | 1044.34 | Fully Amortized | 7.875 | 1903.31 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | Missing | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt C | N/A B | N/A C | N/A B | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) |
| 138841 | XXXXXX | XXXXXX | XXXXXX | No | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 6.7500 | 6356.26 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Primary | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Owner | As-Is | XXXXXX |  | XXXXXX | 70.00 | 70.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 833.42 | (No Data) | (No Data) | 149.66 | 0.00 | Present | XXXXXX | 5 | No | Present | XXXXXX | 260 | 900.00 | 1 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 770 | 766 | 763 | 66914.53 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 752 | 735 | 766 | 0 | 980000.00 | (No Data) | 766 | 66914.53 | 52589.79 | 13.34 | 21.41 | 14324.74 | 8928.8 | 794725.66 | 773348.12 | 773348.12 | XXXXXX | 192760.09 | 21.59 | 21.59 | Fully Amortized | 6.750 | 6356.27 | 13.34 | 21.41 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | A | A | A | A | CPA Letter without Income - 252 months;<br> P & L - 12 months | (No Data) | (No Data) | (No Data) |
| 142016 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.5000 | 2202.53 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 60 | 5%, 4%, 3%, 2%, 1% of amount prepaid in years 1-5 | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Detached PUD | 1 | XXXXXX | Suburban | Vacant | As-Is | XXXXXX |  | XXXXXX | 38.18 | 38.18 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 808.75 | (No Data) | (No Data) | (No Data) | 33.75 | Present | XXXXXX | 1 | No | Not Applicable | XXXXXX | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 680 | 680 | 680 | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | 315000.00 | (No Data) | 680 | 0 | -3920.11 | 0 | 0 | 3920.11 | 0 | 270964.67 | 270964.67 | 270964.67 | XXXXXX | 270964.67 | 69.12 | 69.12 | Fully Amortized | 7.500 | 2202.53 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | Missing | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt D | A | A D | A | A | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) |
| 142031 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 9.1250 | 2847.72 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 24 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXXXX | XXXXXX | Present | 1073 Condo (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Low Rise Condo (1-4) | 1 | XXXXXX | Suburban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 70.00 | 70.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 63.50 | (No Data) | (No Data) | 0.00 | 460.00 | Present | XXXXXX | 2 | No | Present | XXXXXX | 159 | 20000.00 | 9 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 808 | 794 | 808 | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | 350000.00 | (No Data) | 808 | 0 | -4070.4 | 0 | 0 | 4070.4 | 0 | 104431.76 | 104431.76 | 104431.76 | XXXXXX | 104431.76 | 25.66 | 25.66 | Fully Amortized | 9.125 | 2847.72 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | Missing | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | A | A | A | A | DSCR - w/lease agreement - 0 months | (No Data) | (No Data) | (No Data) |
| 142020 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.3750 | 1440.70 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 60 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Detached PUD | 1 | XXXXXX | Suburban | Vacant | As-Is | XXXXXX | (No Data) | XXXXXX | 70.00 | 70.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 39.00 | (No Data) | (No Data) | 0.00 | 65.00 | Present | XXXXXX | 1 | No | Not Applicable | XXXXXX | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 680 | 680 | 680 | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | 208593.00 | (No Data) | 680 | 0 | -2038.72 | 0 | 0 | 2038.72 | 0 | 147579.77 | 147579.77 | 147579.77 | XXXXXX | 57174.24 | 28.04 | 28.04 | Fully Amortized | 7.375 | 1440.71 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | Missing | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | A | A | A | A | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) |
| 142035 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 yr Fixed - 10 yr IO | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.5000 | 1304.38 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | Yes | 120 | Yes | 36 | 5%, 4%, 3% on amt prepd in yr 1,2,3 | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Detached PUD | 1 | XXXXXX | Suburban | Vacant | As-Is | XXXXXX | (No Data) | XXXXXX | 74.54 | 74.54 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 165.47 | (No Data) | (No Data) | 0.00 | 29.00 | Present | XXXXXX | Not Applicable | No | Not Applicable | XXXXXX | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 680 | 680 | 680 | 0 | 208700.00 | (No Data) | 680 | 0 | -2099.8 | 0 | 0 | 2099.8 | 0 | 105766.93 | 105766.93 | 105766.93 | XXXXXX | 18426.22 | 8.78 | 8.17 | Fully Amortized | 7.500 | 1459.27 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | N/A | N/A | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) |
| 142011 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 yr Fixed - 10 yr IO | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 8.0000 | 1446.66 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | Yes | 120 | Yes | 60 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Detached PUD | 1 | XXXXXX | Suburban | Vacant | As-Is | XXXXXX | (No Data) | XXXXXX | 70.00 | 70.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 112.01 | (No Data) | (No Data) | (No Data) | 56.88 | Present | XXXXXX | 2 | No | Not Applicable | XXXXXX | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 680 | 680 | 680 | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | 216999.00 | (No Data) | 680 | 0 | -2157.98 | 0 | 0 | 2157.98 | 0 | 109555.74 | 109555.74 | 109555.74 | XXXXXX | 19805.79 | 9.18 | 8.60 | Fully Amortized | 8.000 | 1592.27 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | Missing | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt B | A B | A B | A B | A | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) |
| 142039 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 yr Fixed - 10 yr IO | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.5000 | 3406.25 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | Yes | 120 | No | (No Data) | (No Data) | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Primary | Cashout Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Owner | Subject to Completion(cert in file) | XXXXXX |  | XXXXXX | 64.88 | 64.88 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Preliminary Title | Fee Simple | XXXXXX | 79.25 | (No Data) | (No Data) | 0.00 | 0.00 | Present | XXXXXX | 2 | No | Present | XXXXXX | 201 | 11500.00 | 2 | 0 | 0 | 0 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 684 | 640 | 687 | 11252.92 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | 545000.00 | (No Data) | 684 | 11252.92 | 7199.1 | 33.47 | 36.02 | 4053.82 | 3765.82 | 272866.26 | 272866.26 | 272866.26 | XXXXXX | 272866.26 | 72.46 | 57.44 | Custom Qual. P&I | (No Data) | 4390.48 | 42.21 | 44.77 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | Present | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | A | A | A | A | CPA Letter - 24 months;<br> P & L - 12 months | (No Data) | (No Data) | (No Data) |
| 142040 | XXXXXX | XXXXXX | XXXXXX | No | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 8.3750 | 2819.87 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 36 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Rate and Term Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Rural | Tenant | As-Is | XXXXXX |  | XXXXXX | 69.61 | 69.61 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Preliminary Title | Fee Simple | XXXXXX | 622.00 | (No Data) | (No Data) | 0.00 | 0.00 | Present | XXXXXX | 2 | No | Present | XXXXXX | 350 | 45297.00 | 18 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 720 | 713 | 737 | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 716 | 727 | 737 | 0 | 371000.00 | (No Data) | 720 | 0 | -3819.52 | 0 | 0 | 3819.52 | 0 | 251070.32 | 181715.11 | 19886.28 | XXXXXX | 173897.19 | 45.53 | 45.53 | Fully Amortized | 8.375 | 2819.87 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | Missing | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | A | A | A | A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) |
| 142044 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 8.2500 | 2873.59 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Second Home | Cashout Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Owner | As-Is | XXXXXX |  | XXXXXX | 75.00 | 75.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 106.85 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | 2 | No | Present | XXXXXX | 268 | 16500.00 | 10 | 0 | 0 | 0 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 697 | 681 | 705 | 27500.60 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | 382500.00 | (No Data) | 697 | 27500.6 | 15503.73 | 15.93 | 43.62 | 11996.87 | 4379.69 | 80915.60 | 80915.6 | 80915.6 | XXXXXX | 80915.6 | 24.74 | 24.74 | Fully Amortized | 8.250 | 2873.60 | 15.93 | 43.62 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors D | D A | A D | D A | A | CPA Letter without Income - 132 months;<br> P & L - 15 months | (No Data) | (No Data) | (No Data) |
| 142046 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 7/6 ARM | ARM | Present | XXXXXX | XXXXXX | XXXXXX | 7.2500 | 1391.64 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 36 | 5% of amt prepd | No | 0 | SOFR 30 day average | No Lookback Period Stated | 4.500 | No Rounding | 9.2500 | 7.250 | 6 Months | 6 Months | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1.0000 | (No Data) | (No Data) | 12.2500 | 7.2500 | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Vacant | As-Is | XXXXXX |  | XXXXXX | 68.00 | 68.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 71.33 | (No Data) | (No Data) | 0.00 | 0.00 | Present | XXXXXX | 2 | No | Not Applicable | XXXXXX | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 680 | 680 | 680 | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | 204000.00 | (No Data) | 680 | 0 | -1630.64 | 0 | 0 | 1630.64 | 0 | 312173.85 | 312173.85 | 312173.85 | XXXXXX | 199798.57 | 122.53 | 122.53 | Fully Amortized | 7.250 | 1391.64 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | Missing | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | A | A | A | A | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) |
| 141783 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.8750 | 1027.79 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 24 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Urban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 75.00 | 75.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 88.67 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 240 | 31000.00 | 9 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 713 | 725 | 723 | 0 | (No Data) | (No Data) | 723 | 0 | -1294.96 | 0 | 0 | 1294.96 | 0 | 70502.89 | 70502.89 | 70502.89 | XXXXXX | 70502.89 | 54.44 | 54.44 | Fully Amortized | 7.875 | 1027.79 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | N/A | N/A | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) |
| 141768 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.8750 | 989.72 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 24 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Urban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 75.00 | 75.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 99.92 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 58 | 18700.00 | 10 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0 | (No Data) | (No Data) | 723 | 0 | -1267.97 | 0 | 0 | 1267.97 | 0 | 23660.24 | 23660.24 | 23660.24 | XXXXXX | 23660.24 | 18.66 | 18.66 | Fully Amortized | 7.875 | 989.72 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | N/A | N/A | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) |
| 141792 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 8.6250 | 1283.35 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 12 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Rate and Term Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR-Attached | 1 | XXXXXX | Suburban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 75.00 | 75.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 98.00 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 288 | 56559.00 | 4 | 0 | 0 | 0 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 797 | 797 | 793 | 0 | (No Data) | (No Data) | 797 | 0 | -1548.28 | 0 | 0 | 1548.28 | 0 | 153455.60 | 148018.52 | 99084.81 | XXXXXX | 148018.52 | 95.6 | 95.60 | Fully Amortized | 8.625 | 1283.36 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | N/A | N/A | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months;<br> DSCR - w/rent schedule - 0 months | (No Data) | DSCR - w/rent schedule - 0 months |
| 141793 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.8750 | 3752.23 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 36 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Rural | Vacant | As-Is | XXXXXX | (No Data) | XXXXXX | 75.00 | 75.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 157.84 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 144 | 115468.00 | 7 | 0 | 0 | 0 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 767 | 723 | 782 | 0 | (No Data) | (No Data) | 767 | 0 | -4160.86 | 0 | 0 | 4160.86 | 0 | 138380.38 | 138380.38 | 138380.38 | XXXXXX | 138380.38 | 33.26 | 33.26 | Fully Amortized | 7.875 | 3752.24 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt C | N/A B | N/A C | N/A B | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months |
| 141737 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 9.1250 | 956.83 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 60 | 5%, 4%, 3%, 2%, 1% of amount prepaid in years 1-5 | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 70.00 | 70.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 47.50 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 252 | 25900.00 | 5 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 666 | 662 | 643 | 0 | (No Data) | (No Data) | 662 | 0 | -1203.12 | 0 | 0 | 1203.12 | 0 | 104842.74 | 104842.74 | 104842.74 | XXXXXX | 104842.74 | 87.14 | 87.14 | Fully Amortized | 9.125 | 956.84 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | N/A | N/A | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) |
| 141752 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 9.7500 | 1954.58 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Primary | Cashout Refi | XXXXXX | XXXXXX | Present | 1025 Multi-Fam (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 2 Family | 2 | XXXXXX | Suburban | Owner | As-Is | XXXXXX | (No Data) | XXXXXX | 64.08 | 64.08 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 199.92 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | 1 | No | Present | XXXXXX | 160 | 13000.00 | 17 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 590 | 607 | 610 | 4652.88 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | 607 | 5372.88 | 2679.11 | 46.19 | 50.14 | 2693.77 | 2481.77 | 16506.18 | 16506.18 | 16506.18 | XXXXXX | 16506.18 | 6.65 | 6.65 | Fully Amortized | 9.750 | 1954.58 | 46.19 | 50.14 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | Present | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors B | A B | A B | A B | A | Lease Agreement - 12 months;<br> Personal Bank Statements - 13 months;<br> W2 - 12 months | (No Data) | (No Data) | (No Data) |
| 141753 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 8.2500 | 3964.52 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Primary | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Detached PUD | 1 | XXXXXX | Suburban | Owner | As-Is | XXXXXX | (No Data) | XXXXXX | 81.50 | 81.50 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 266.09 | (No Data) | (No Data) | (No Data) | 207.00 | Present | XXXXXX | 1 | No | Present | XXXXXX | 24 | 46518.00 | 3 | 0 | 0 | 0 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 684 | 667 | 691 | 20379.35 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | 684 | 20379.35 | 12741.65 | 23.99 | 37.48 | 7637.7 | 4889.2 | 174704.29 | 174704.29 | 174704.29 | XXXXXX | 44574.11 | 9.12 | 9.12 | Fully Amortized | 8.250 | 3964.53 | 23.99 | 37.48 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors | A | A | A | A | Business Bank Statements - 12 months | (No Data) | (No Data) | (No Data) |
| 141794 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 8.5000 | 3287.11 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 24 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Urban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 75.00 | 75.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 244.25 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 297 | 18500.00 | 4 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 797 | 797 | 793 | 0 | (No Data) | (No Data) | 797 | 0 | -3735.42 | 0 | 0 | 3735.42 | 0 | 73258.54 | 67821.46 | 67821.46 | XXXXXX | 67821.46 | 18.16 | 18.16 | Fully Amortized | 8.500 | 3287.11 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | N/A | N/A | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months |
| 141745 | XXXXXX | XXXXXX | XXXXXX | No | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | Jumbo 30yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.3750 | 6112.48 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 36 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Retail | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Vacant | As-Is | XXXXXX | (No Data) | XXXXXX | 75.00 | 75.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Preliminary Title | Fee Simple | XXXXXX | 256.32 | (No Data) | (No Data) | 0.00 | 0.00 | Present | XXXXXX | 2 | No | Present | XXXXXX | 368 | 60919.00 | 6 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 738 | 694 | 733 | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 810 | 839 | 809 | 0 | (No Data) | (No Data) | 810 | 0 | -7378.38 | 0 | 0 | 7378.38 | 0 | 387184.06 | 387184.06 | 387184.06 | XXXXXX | 84368.76 | 11.43 | 11.43 | Fully Amortized | 7.375 | 6112.48 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | Missing | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | A | A | A | A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) |
| 141771 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 9.7500 | 1890.14 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Primary | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Vacant | As-Is | XXXXXX | (No Data) | XXXXXX | 80.00 | 80.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 84.33 | (No Data) | (No Data) | (No Data) | Not Applicable | Present | XXXXXX | 1 | No | Present | XXXXXX | 84 | 10900.00 | 12 | 0 | 0 | 0 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 760 | 714 | 670 | 13598.90 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | 714 | 13598.9 | 10246.5 | 16.61 | 24.65 | 3352.4 | 2258.4 | 84483.27 | 84483.27 | 84483.27 | XXXXXX | 31474.01 | 13.94 | 13.94 | Fully Amortized | 9.750 | 1890.14 | 16.61 | 24.65 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors C | C B A | B C A | C B A | B | CPA Letter - 24 months;<br> Personal Bank Statements - 12 months | (No Data) | (No Data) | (No Data) |
| 141791 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 9.3750 | 4366.68 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 12 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXXXX | XXXXXX | Present | 1073 Condo (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Low Rise Condo (1-4) | 1 | XXXXXX | Urban | Owner | As-Is | XXXXXX | (No Data) | XXXXXX | 73.94 | 73.94 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 335.50 | (No Data) | (No Data) | 90.33 | 900.00 | Present | XXXXXX | 1 | No | Present | XXXXXX | 117 | 22400.00 | 18 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 676 | 682 | 703 | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | 682 | 0 | -6212.11 | 0 | 0 | 6212.11 | 0 | 38352.22 | 38352.22 | 38352.22 | XXXXXX | 38352.22 | 6.17 | 6.17 | Fully Amortized | 9.375 | 4366.69 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | Missing | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt D | A | A D | A | A | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) |
| 141754 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 9.3750 | 1260.10 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Urban | Vacant | As-Is | XXXXXX | (No Data) | XXXXXX | 75.00 | 75.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Preliminary Title | Fee Simple | XXXXXX | 124.49 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 60 | 6377.00 | 16 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 668 | 649 | 639 | 0 | (No Data) | (No Data) | 649 | 0 | -1698.26 | 0 | 0 | 1698.26 | 0 | 10297.42 | 10297.42 | 10297.42 | XXXXXX | 10297.42 | 6.06 | 6.06 | Fully Amortized | 9.375 | 1260.11 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | N/A | N/A | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) |
| 141765 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 8.2500 | 2103.02 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 36 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Owner | As-Is | XXXXXX | (No Data) | XXXXXX | 70.00 | 70.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 112.42 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 161 | 32000.00 | 9 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 644 | 699 | 667 | 0 | (No Data) | (No Data) | 667 | 0 | -2728.88 | 0 | 0 | 2728.88 | 0 | 149090.08 | 149090.08 | 149090.08 | XXXXXX | 17705.84 | 6.49 | 6.49 | Fully Amortized | 8.250 | 2103.03 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt D | N/A | N/A D | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) |
| 141766 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 9.1250 | 4881.80 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 36 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Rate and Term Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Urban | Owner | As-Is | XXXXXX | (No Data) | XXXXXX | 80.00 | 80.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 184.17 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 155 | 2200.00 | 7 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 735 | 718 | 720 | 0 | (No Data) | (No Data) | 720 | 0 | -5530.63 | 0 | 0 | 5530.63 | 0 | 107508.23 | 107508.23 | 107508.23 | XXXXXX | 107508.23 | 19.44 | 19.44 | Fully Amortized | 9.125 | 4881.80 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt B | N/A B | N/A B | N/A B | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) |
| 141736 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 8.9990 | 3005.80 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Retail | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Primary | Cashout Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Detached PUD | 1 | XXXXXX | Suburban | Owner | As-Is | XXXXXX | (No Data) | XXXXXX | 75.17 | 75.17 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 362.83 | (No Data) | (No Data) | 99.05 | 140.00 | Present | XXXXXX | 1 | No | Present | XXXXXX | 81 | 56679.00 | 11 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 695 | 680 | 697 | 16439.31 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | 695 | 16439.31 | 11038.08 | 25.02 | 32.86 | 5401.23 | 4113.23 | 29891.22 | 29891.22 | 29891.22 | XXXXXX | 29891.22 | 7.27 | 7.27 | Fully Amortized | 8.999 | 3005.81 | 25.02 | 32.86 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | Present | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors D | C A | A D | C A | A | Business Bank Statements - 12 months;<br> CPA Letter - 12 months | (No Data) | (No Data) | (No Data) |
| 141782 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 8.6250 | 1151.13 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 60 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Rate and Term Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Urban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 78.72 | 78.72 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 130.31 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 635 | 19800.00 | 4 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 763 | 750 | 767 | 0 | (No Data) | (No Data) | 763 | 0 | -1397.11 | 0 | 0 | 1397.11 | 0 | 44114.29 | 44114.29 | 44114.29 | XXXXXX | 38783.21 | 27.76 | 27.76 | Fully Amortized | 8.625 | 1151.13 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | N/A | N/A | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) |
| 141755 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 40 Yr Fixed Interest Only | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 6.6250 | 1567.92 | Monthly | XXXXXX | 480 | 480 | No | (No Data) | Yes | 120 | Yes | 36 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 80.00 | 80.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 95.84 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 100 | 57600.00 | 5 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 797 | 802 | 801 | 0 | (No Data) | (No Data) | 801 | 0 | -2194.72 | 0 | 0 | 2194.72 | 0 | 173170.37 | 173170.37 | 173170.37 | XXXXXX | 84147.48 | 38.34 | 36.35 | Fully Amortized | 6.625 | 1688.06 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | N/A | N/A | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months |
| 141746 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.1250 | 1111.64 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 60 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXXXX | XXXXXX | Present | 1025 Multi-Fam (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 2 Family | 2 | XXXXXX | Urban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 75.00 | 75.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 97.83 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 163 | 26000.00 | 5 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 769 | 770 | 801 | 0 | (No Data) | (No Data) | 770 | 0 | -1448.82 | 0 | 0 | 1448.82 | 0 | 65236.06 | 65236.06 | 65236.06 | XXXXXX | 65236.06 | 45.03 | 45.03 | Fully Amortized | 7.125 | 1111.64 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | N/A | N/A | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) |
| 141739 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 9.6250 | 1092.41 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 12 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Owner | As-Is | XXXXXX | (No Data) | XXXXXX | 71.40 | 71.40 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 282.98 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | 6 | No | Present | XXXXXX | 279 | 26400.00 | 19 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 655 | 627 | 611 | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | 627 | 0 | -1698.01 | 0 | 0 | 1698.01 | 0 | 126000.99 | 126000.99 | 126000.99 | XXXXXX | 60574.81 | 35.67 | 35.67 | Fully Amortized | 9.625 | 1092.41 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | Missing | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | A | A | A | A | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) |
| 141762 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.1250 | 2021.16 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 36 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 75.00 | 75.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 178.09 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 302 | 22300.00 | 5 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 772 | 790 | 786 | 0 | (No Data) | (No Data) | 786 | 0 | -2409.29 | 0 | 0 | 2409.29 | 0 | 284617.63 | 284617.63 | 284617.63 | XXXXXX | 284617.63 | 118.13 | 118.13 | Fully Amortized | 7.125 | 2021.16 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | N/A | N/A | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) |
| 141748 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | Jumbo 30yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.2500 | 27832.79 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Primary | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Rural | Owner | As-Is | XXXXXX | Full Appraisal | XXXXXX | 58.33 | 58.33 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Preliminary Title | Fee Simple | XXXXXX | 185.09 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | 1 | No | Present | XXXXXX | 155 | 188876.00 | 5 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 778 | 782 | 721 | 154894.83 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | 778 | 154894.83 | 99017.28 | 22.74 | 36.07 | 55877.55 | 35215.55 | 4012698.94 | 4012698.94 | 4012698.94 | XXXXXX | 1194822.81 | 33.93 | 33.93 | Fully Amortized | 7.250 | 27832.80 | 22.74 | 36.07 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | QM: Safe Harbor (APOR) B | A B | A B | A B | A | Business Bank Statements - 12 months | (No Data) | (No Data) | (No Data) |
| 141795 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.8750 | 2773.39 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 36 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Detached PUD | 1 | XXXXXX | Suburban | Vacant | As-Is | XXXXXX | (No Data) | XXXXXX | 75.00 | 75.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 301.77 | (No Data) | (No Data) | (No Data) | 363.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 310 | 31700.00 | 21 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 655 | 677 | 678 | 0 | (No Data) | (No Data) | 743 | 0 | -3906.93 | 0 | 0 | 3906.93 | 0 | 358084.64 | 358084.64 | 358084.64 | XXXXXX | 358084.64 | 91.65 | 91.65 | Fully Amortized | 7.875 | 2773.40 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | N/A | N/A | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) |
| 141743 | XXXXXX | XXXXXX | XXXXXX | No | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 8.5000 | 3002.99 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Primary | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Vacant | As-Is | XXXXXX | (No Data) | XXXXXX | 73.00 | 73.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 166.92 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | 2 | No | Present | XXXXXX | 103 | 20000.00 | 4 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 725 | 667 | 670 | 6416.80 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 716 | Not Applicable | 680 | 4333.33 | (No Data) | (No Data) | 670 | 10750.13 | 5505.98 | 34.48 | 48.78 | 5244.15 | 3706.54 | 186875.76 | 181313.21 | 181313.21 | XXXXXX | 29122.63 | 7.86 | 7.86 | Fully Amortized | 8.500 | 3003.00 | 34.48 | 48.78 | Full Doc | No | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | QM: Rebuttable Presumption (APOR) D | D B A | A D | D B A | A | IRS Transcripts – Tax Return(s) - 24 months;<br> Paystub - 1 months;<br> Verbal VOE with Income - 16 months;<br> W2 - 24 months | IRS Transcripts – Tax Return(s) - 24 months;<br> Paystub - 1 months;<br> Verbal VOE with Income - 26 months;<br> W2 - 12 months | (No Data) | (No Data) |
| 141784 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 6.9990 | 1396.99 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 36 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Detached PUD | 1 | XXXXXX | Suburban | Vacant | As-Is | XXXXXX | (No Data) | XXXXXX | 49.75 | 49.75 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 113.27 | (No Data) | (No Data) | 186.09 | 247.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 84 | 5500.00 | 1 | 0 | 0 | 0 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 801 | 680 | 805 | 0 | (No Data) | (No Data) | 680 | 0 | -2367.6 | 0 | 0 | 2367.6 | 0 | 262167.83 | 262167.83 | 262167.83 | XXXXXX | 82881.95 | 35.01 | 35.01 | Fully Amortized | 6.999 | 1397.00 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt D | N/A | N/A D | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) |
| 141756 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 40 Yr Fixed Interest Only | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 6.9990 | 1477.77 | Monthly | XXXXXX | 480 | 480 | No | (No Data) | Yes | 120 | Yes | 24 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Detached PUD | 1 | XXXXXX | Suburban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 61.20 | 61.20 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 44.97 | (No Data) | (No Data) | (No Data) | 276.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 24 | 15000.00 | 2 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 738 | 748 | 732 | 0 | (No Data) | (No Data) | 738 | 0 | -2495.46 | 0 | 0 | 2495.46 | 0 | 233750.31 | 233750.31 | 233750.31 | XXXXXX | 233750.31 | 93.67 | 93.67 | Fully Amortized | 6.999 | 1477.77 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | N/A | N/A | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) |
| 141776 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.5000 | 1952.91 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Primary | Purchase | XXXXXX | XXXXXX | Present | 1073 Condo (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Low Rise Condo (1-4) | 1 | XXXXXX | Urban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 70.00 | 70.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 453.75 | (No Data) | (No Data) | 0.00 | 562.00 | Present | XXXXXX | 1 | No | Present | XXXXXX | 84 | 18000.00 | 4 | 0 | 0 | 0 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | 741 | 12112.53 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | 741 | 12112.53 | 8439.15 | 28.25 | 30.33 | 3673.38 | 3422.38 | 119516.97 | 119516.97 | 119516.97 | XXXXXX | 37342.65 | 10.91 | 10.91 | Fully Amortized | 7.500 | 1952.91 | 28.25 | 30.33 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors D | C B A | B D | C B A | B | Business Bank Statements - 12 months;<br> CPA Letter - 24 months | (No Data) | (No Data) | (No Data) |
| 138810 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.6250 | 1746.48 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 36 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Rural | Vacant | As-Is | XXXXXX | (No Data) | XXXXXX | 75.00 | 75.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 119.84 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 457 | 12500.00 | 13 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 756 | 777 | 751 | 0 | (No Data) | (No Data) | 756 | 0 | -1982.84 | 0 | 0 | 1982.84 | 0 | 795824.27 | 795824.27 | 795824.27 | XXXXXX | 699003.85 | 352.53 | 352.52 | Fully Amortized | 7.625 | 1746.49 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | N/A | N/A | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) |
| 141777 | XXXXXX | XXXXXX | XXXXXX | No | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 40 Yr Fixed Interest Only | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.3750 | 2519.79 | Monthly | XXXXXX | 480 | 480 | No | (No Data) | Yes | 120 | No | (No Data) | (No Data) | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Primary | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Rural | Owner | As-Is | XXXXXX | (No Data) | XXXXXX | 44.32 | 44.32 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 239.59 | (No Data) | (No Data) | 0.00 | 0.00 | Present | XXXXXX | 2 | No | Present | XXXXXX | 143 | 27025.00 | 10 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 628 | 640 | 584 | 26250.35 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 637 | 684 | 643 | 0 | (No Data) | (No Data) | 643 | 26250.35 | 21564.2 | 12.9 | 17.85 | 4686.15 | 3386.6 | 1174394.89 | 1059205.64 | 1059205.64 | XXXXXX | 513533.56 | 151.64 | 145.60 | Fully Amortized | 7.375 | 2660.30 | 13.44 | 18.39 | Full Doc | No | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors D B | A B | A D B | A B | A | Paystub - 1 months;<br> W2 - 24 months | (No Data) | (No Data) | (No Data) |
| 141735 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 8.9990 | 1576.92 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 24 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXXXX | XXXXXX | Present | 1073 Condo (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Low Rise Condo (1-4) | 1 | XXXXXX | Suburban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 70.00 | 70.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 151.61 | (No Data) | (No Data) | (No Data) | 287.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 680 | 680 | 680 | 0 | (No Data) | (No Data) | 680 | 0 | -2320.71 | 0 | 0 | 2320.71 | 0 | 176720.07 | 176720.07 | 176720.07 | XXXXXX | 176720.07 | 76.15 | 76.15 | Fully Amortized | 8.999 | 1576.92 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt C | N/A | N/A C | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) |
| 141741 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 8.9990 | 1576.92 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 24 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXXXX | XXXXXX | Present | 1073 Condo (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Low Rise Condo (1-4) | 1 | XXXXXX | Suburban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 68.77 | 68.77 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 151.61 | (No Data) | (No Data) | (No Data) | 287.00 | Present | XXXXXX | Not Applicable | No | Not Applicable | XXXXXX | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0 | (No Data) | (No Data) | 680 | 0 | -2315.45 | 0 | 0 | 2315.45 | 0 | 177057.78 | 177057.78 | 177057.78 | XXXXXX | 177057.78 | 76.47 | 76.47 | Fully Amortized | 8.999 | 1576.92 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | N/A | N/A | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) |
| 141781 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 8.5000 | 1088.20 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 12 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 76.50 | 76.50 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 52.92 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | 1 | No | Present | XXXXXX | 204 | 27500.00 | 5 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 722 | 709 | 684 | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | 709 | 0 | -1195.24 | 0 | 0 | 1195.24 | 0 | 132025.91 | 132025.91 | 132025.91 | XXXXXX | 132025.91 | 110.46 | 110.46 | Fully Amortized | 8.500 | 1088.21 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | Missing | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt B | A B | A B | A B | A | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) |
| 141760 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.6250 | 962.60 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 36 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Purchase | XXXXXX | XXXXXX | Present | 1073 Condo (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Low Rise Condo (1-4) | 1 | XXXXXX | Suburban | Vacant | As-Is | XXXXXX | (No Data) | XXXXXX | 80.00 | 80.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 48.83 | (No Data) | (No Data) | (No Data) | 158.33 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 284 | 35700.00 | 5 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 797 | 814 | 796 | 0 | (No Data) | (No Data) | 797 | 0 | -1384.58 | 0 | 0 | 1384.58 | 0 | 505822.50 | 505822.5 | 505822.5 | XXXXXX | 462502.41 | 334.04 | 334.04 | Fully Amortized | 7.625 | 962.60 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt C | N/A B | N/A C | N/A B | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) |
| 141749 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | Jumbo 30yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 8.3750 | 5677.74 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Primary | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Owner | As-Is | XXXXXX | (No Data) | XXXXXX | 90.00 | 90.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 131.92 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | 1 | No | Present | XXXXXX | 232 | 25000.00 | 3 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 806 | 786 | 811 | 30918.77 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | 806 | 30918.77 | 18914.53 | 22.26 | 38.83 | 12004.24 | 6883.72 | 1333004.27 | 959526.34 | 959526.34 | XXXXXX | 888482.87 | 129.07 | 129.07 | Fully Amortized | 8.375 | 5677.74 | 22.26 | 38.83 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | QM: Rebuttable Presumption (APOR) C B | C B A | A C B | C B A | A | Business Bank Statements - 12 months;<br> Lease Agreement - 12 months;<br> Paystub - 1 months;<br> W2 - 24 months;<br> Written VOE - 27 months | (No Data) | (No Data) | (No Data) |
| 141785 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.1250 | 3537.02 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Detached PUD | 1 | XXXXXX | Suburban | Vacant | As-Is | XXXXXX | (No Data) | XXXXXX | 75.00 | 75.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 279.90 | (No Data) | (No Data) | (No Data) | 475.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 144 | 37437.00 | 6 | 0 | 0 | 0 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 744 | 759 | 750 | 0 | (No Data) | (No Data) | 774 | 0 | -5255.25 | 0 | 0 | 5255.25 | 0 | 305698.56 | 300238.16 | 300238.16 | XXXXXX | 90732.8 | 17.27 | 17.27 | Fully Amortized | 7.125 | 3537.03 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | N/A | N/A | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) |
| 141787 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.3750 | 1213.52 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 36 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Rate and Term Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 70.00 | 70.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 132.50 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 123 | 17000.00 | 4 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 781 | 780 | 787 | 0 | (No Data) | (No Data) | 781 | 0 | -1438.91 | 0 | 0 | 1438.91 | 0 | 47535.31 | 47535.31 | 47535.31 | XXXXXX | 47535.31 | 33.04 | 33.04 | Fully Amortized | 7.375 | 1213.52 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | N/A | N/A | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) |
| 141770 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.5000 | 1845.93 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 36 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Retail | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Purchase | XXXXXX | XXXXXX | Present | 1025 Multi-Fam (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 2 Family | 2 | XXXXXX | Urban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 80.00 | 80.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Incomplete | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 193.15 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | 2 | No | Present | XXXXXX | 85 | 21500.00 | 3 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 814 | 794 | 792 | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | 794 | 0 | -2087.52 | 0 | 0 | 2087.52 | 0 | 321326.91 | 321326.91 | 321326.91 | XXXXXX | 249588.32 | 119.56 | 119.56 | Fully Amortized | 7.500 | 1845.93 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | Missing | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | A | A | A | A | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) |
| 141757 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 40 Yr Fixed Interest Only | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.7500 | 1311.04 | Monthly | XXXXXX | 480 | 480 | No | (No Data) | Yes | 120 | Yes | 36 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Detached PUD | 1 | XXXXXX | Suburban | Vacant | As-Is | XXXXXX | (No Data) | XXXXXX | 70.00 | 70.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 84.92 | (No Data) | (No Data) | (No Data) | 45.83 | Present | XXXXXX | Not Applicable | No | Not Applicable | XXXXXX | Not Applicable | Not Applicable | (No Data) | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 680 | 680 | 680 | 0 | (No Data) | (No Data) | 680 | 0 | -2187.21 | 0 | 0 | 2187.21 | 0 | 103053.06 | 103053.06 | 103053.06 | XXXXXX | 7057.99 | 3.23 | 3.14 | Fully Amortized | 7.750 | 1373.54 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | Present | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | N/A | N/A | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) |
| 141758 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 8.9990 | 1453.18 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 36 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Vacant | As-Is | XXXXXX | (No Data) | XXXXXX | 69.74 | 69.74 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 179.84 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 402 | 33738.00 | 33 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 649 | 622 | 649 | 0 | (No Data) | (No Data) | 649 | 0 | -1799.94 | 0 | 0 | 1799.94 | 0 | 102671.69 | 102671.69 | 102671.69 | XXXXXX | 102671.69 | 57.04 | 57.04 | Fully Amortized | 8.999 | 1453.18 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | N/A | N/A | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) |
| 141779 | XXXXXX | XXXXXX | XXXXXX | No | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.3750 | 2928.46 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Primary | Purchase | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Detached PUD | 1 | XXXXXX | Suburban | Owner | As-Is | XXXXXX | (No Data) | XXXXXX | 80.00 | 80.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 250.67 | (No Data) | (No Data) | (No Data) | 70.83 | Present | XXXXXX | 4 | No | Present | XXXXXX | 156 | 12600.00 | 9 | 0 | 0 | 0 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 800 | 796 | 811 | 7605.10 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 729 | 732 | 736 | 3399.89 | (No Data) | (No Data) | 800 | 11397 | 7266.12 | 35.11 | 36.25 | 4130.88 | 4001.88 | 173974.93 | 157312.34 | 157312.34 | XXXXXX | 46032.58 | 11.5 | 11.50 | Fully Amortized | 7.375 | 2928.47 | 35.11 | 36.25 | Full Doc | No | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | QM: Safe Harbor (APOR) | A | A | A | A | IRS Transcripts – W2(s) - 12 months;<br> Paystub - 3 months;<br> W2 - 12 months;<br> Written VOE - 96 months | IRS Transcripts – W2(s) - 12 months;<br> Paystub - 3 months;<br> W2 - 24 months;<br> Written VOE - 36 months | (No Data) | (No Data) |
| 141797 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.8750 | 3768.55 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 36 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Urban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 74.78 | 74.78 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 113.10 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | 1 | No | Present | XXXXXX | 336 | 62575.00 | 6 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 759 | 741 | 768 | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | 759 | 0 | -4467.38 | 0 | 0 | 4467.38 | 0 | 68388.80 | 68388.8 | 68388.8 | XXXXXX | 68388.8 | 15.31 | 15.31 | Fully Amortized | 7.875 | 3768.55 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | Present | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | A | A | A | A | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) |
| 141759 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 40 Yr Fixed Interest Only | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 8.6250 | 3063.12 | Monthly | XXXXXX | 480 | 480 | No | (No Data) | Yes | 120 | Yes | 12 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 37.06 | 37.06 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 92.75 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | 1 | No | Present | XXXXXX | 305 | 3600.00 | 9 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 594 | 648 | 630 | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | 630 | 0 | -3841.03 | 0 | 0 | 3841.03 | 0 | 391562.87 | 391562.87 | 391562.87 | XXXXXX | 391562.87 | 101.94 | 99.31 | Fully Amortized | 8.625 | 3164.84 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | Missing | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt D | A | A D | A | A | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) |
| 141750 | XXXXXX | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.8750 | 1787.30 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Second Home | Purchase | XXXXXX | XXXXXX | Present | 1073 Condo (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Low Rise Condo (1-4) | 1 | XXXXXX | Suburban | Owner | As-Is | XXXXXX | (No Data) | XXXXXX | 85.00 | 85.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 131.98 | (No Data) | (No Data) | (No Data) | 510.00 | Present | XXXXXX | 1 | No | Present | XXXXXX | 144 | 38473.00 | 14 | 0 | 0 | 0 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 801 | 811 | 774 | 16225.02 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | 801 | 16225.02 | 9918.12 | 12.69 | 38.87 | 6306.9 | 2059.4 | 1918365.96 | 1363881.39 | 1363881.39 | XXXXXX | 1310536.45 | 515.43 | 515.43 | Fully Amortized | 7.875 | 1787.30 | 12.69 | 38.87 | Full Doc | No | (No Data) | (No Data) | (No Data) | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Non-QM: Lender documented all ATR UW factors D | A | A D | A | A | IRS Transcripts – Tax Return(s) - 24 months;<br> Paystub - 3 months;<br> W2 - 24 months | (No Data) | (No Data) | (No Data) |
| 141740 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 7.3750 | 932.41 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 60 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 75.00 | 75.00 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 94.84 | (No Data) | (No Data) | 0.00 | 0.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 96 | 111000.00 | 3 | Not Applicable | Not Applicable | Not Applicable | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 722 | 696 | 743 | 0 | (No Data) | (No Data) | 722 | 0 | -1247.77 | 0 | 0 | 1247.77 | 0 | 7631.27 | 7631.27 | 7631.27 | XXXXXX | 7631.27 | 6.12 | 6.12 | Fully Amortized | 7.375 | 932.42 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | N/A | N/A | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) |
| 141786 | XXXXXX | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | Yes | XXXXXX | XXXXXX | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Conventional | 30 Yr Fixed | Fixed | Present | XXXXXX | XXXXXX | XXXXXX | 6.9990 | 1591.18 | Monthly | XXXXXX | 360 | 360 | No | (No Data) | No | (No Data) | Yes | 12 | 5% of amt prepd | No | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | Broker | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Investor | Cashout Refi | XXXXXX | XXXXXX | Present | 1004 SFR (Mar 05) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | SFR | 1 | XXXXXX | Suburban | Tenant | As-Is | XXXXXX | (No Data) | XXXXXX | 71.40 | 71.40 | 0 | Present | XXXXXX | XXXXXX | XXXXXX | Not Assumable | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 1 | Present | No | (No Data) | (No Data) | Commitment Title | Fee Simple | XXXXXX | 79.75 | (No Data) | (No Data) | (No Data) | 0.00 | Present | XXXXXX | Not Applicable | No | Present | XXXXXX | 252 | 63865.00 | 9 | 0 | 0 | 0 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Not Applicable | Not Applicable | Not Applicable | 0.00 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 769 | 788 | 787 | 0 | (No Data) | (No Data) | 771 | 0 | -2216.16 | 0 | 0 | 2216.16 | 0 | 223973.45 | 223973.45 | 223973.45 | XXXXXX | 223973.45 | 101.06 | 101.06 | Fully Amortized | 6.999 | 1591.18 | 0 | 0 | Alt Doc/Bank Statements | No | (No Data) | (No Data) | Present | XXXXXX | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | ATR/QM: Exempt | N/A | N/A | N/A | N/A | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) |

---

## Exhibit 99.5

**Exhibit 99.5 Schedule 7**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Client Name:** | | | |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Client Project Name:** | PRPM 2025-NQM4 | PRPM 2025-NQM4 | PRPM 2025-NQM4 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Start - End Dates:** | 1/31/2025 - 6/2/2025 | 1/31/2025 - 6/2/2025 | 1/31/2025 - 6/2/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Deal Loan Count:** | 62 | 62 | 62 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Valuations Summary** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| *Loans in Report:* | *62* |  |  |  | **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 Information** |
| **Loan Number** | **Seller Loan Number** | **Original Balance** | **Sales Price** | **Value For LTV** | **Appraised Date** | **Appraised Value** | **Appraisal Form** | **AVM Vendor Name** | **Confidence Score** | **Review Date** | **Review Value** | **Variance Amount** | **Variance %** | **Review Type** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **AVM Vendor Name** | **AVM FSD** | **Confidence Score** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance %** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Report Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Other - Valuation Type** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **CU / LCA Score** |
| 138835 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.2 |
| 134406 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.5 |
| 138820 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.5 |
| 142023 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1073 Condo (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3.1 |
| 138852 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2 |
| 142014 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.6 |
| 142025 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.1 |
| 142026 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  | XXXXXX | XXXXXX | XXXXXX | 0.89% | XXXXXX | 4.000 | 96.00 |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.5 |
| 138841 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.3 |
| 142016 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.2 |
| 142031 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1073 Condo (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3.5 |
| 142020 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  | XXXXXX | XXXXXX | XXXXXX | -0.66% | XXXXXX | 3.000 | 97.00 |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 142035 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.5 |
| 142011 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 142039 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.8 |
| 142040 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | -7.32% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $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) |
| 142044 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  | XXXXXX | XXXXXX | XXXXXX | 0.36% | XXXXXX | 7.000 | 93.00 |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.5 |
| 142046 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.5 |
| 141783 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 141768 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.5 |
| 141792 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.6 |
| 141793 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 141737 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 141752 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1025 Multi-Fam (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | (No Data) |
| 141753 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.6 |
| 141794 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4.6 |
| 141745 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.1 |
| 141771 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 141791 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1073 Condo (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.3 |
| 141754 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3.1 |
| 141765 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.9 |
| 141766 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.4 |
| 141736 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.3 |
| 141782 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% | 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% | 2.8 |
| 141755 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.9 |
| 141746 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1025 Multi-Fam (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | (No Data) |
| 141739 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 141762 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 141748 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  | XXXXXX | XXXXXX | XXXXXX | 0.00% | Full Appraisal |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 5 |
| 141795 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 141743 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 141784 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.9 |
| 141756 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 141776 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1073 Condo (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.1 |
| 138810 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.9 |
| 141777 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3.9 |
| 141735 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1073 Condo (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 141741 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1073 Condo (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.1 |
| 141781 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.3 |
| 141760 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1073 Condo (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% | 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% | (No Data) |
| 141749 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.8 |
| 141785 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.2 |
| 141787 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2 |
| 141770 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1025 Multi-Fam (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | (No Data) |
| 141757 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 141758 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 141779 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 141797 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 141759 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 141750 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1073 Condo (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.5 |
| 141740 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 141786 | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.7 |

---

## Exhibit 99.5

**Exhibit 99.5 Schedule 8**

---

| | |
|:---|:---|
| **Client Name:** |  |
| **Client Project Name:** | **PRPM 2025-NQM4** |
| **Start - End Dates:** | **1/31/2025 - 6/2/2025** |
| **Deal Loan Count:** | **62** |
| **Waived Conditions Summary** | **Waived Conditions Summary** |
| <br>©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. | <br>©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 99.6

**Exhibit 99.6**

![](ex99-6_001.jpg)

Executive Summary<br> PRPM 2025-NQM4

(1) Type of Assets.

Covius Real Estate Services, LLC ("CRES") performed the due diligence services described below on residential mortgage loans originated by one seller and acquired directly (or indirectly) by PRP-LB VI AIV, LLC (the "Client"). The loan reviews were conducted from March 2025 through April 2025 by CRES.

(2) Number of Assets.

There were 2 assets in the loan population.

(3) Review Process.

The post-closing loan reviews were graded in accordance with the following NRSRO(s) Third Party Due- Diligence Criteria, in addition to the review grading of "Meets Guidelines" or "Does Not Meet Guidelines":

---

| | |
|:---|:---|
| &nbsp;&nbsp;**NRSRO** | &nbsp;&nbsp;**Title and Date of Criteria** |
| &nbsp;&nbsp;Moody's Investors Service, Inc. | &nbsp;&nbsp;Moody's Approach to Rating US RMBS Using the MILAN Framework dated July 18, 2024 |

---

The post-closing reviews included a re-underwrite of each borrowers' credit, an analysis of the property valuation, and regulatory compliance testing. Post-closing reviews are underwritten to the applicable lender's or client's underwriting guidelines and credit matrices. The review scope and methodology of these different review areas is discussed in subsequent sections of this document.

(4) Sample size of the assets reviewed.

The due diligence review was conducted on 100% of the loan population and consisted of 2 mortgage loans with an aggregate original principal balance of approximately $1,654,000. The mortgage loans originated in March of 2025.

(5) Asset Review

In connection with the credit re-underwrite, CRES reviewed all origination documentation to determine conformity to the applicable underwriting guidelines and other regulatory requirements described below, including (if applicable) the Ability to Repay and Qualified Mortgage requirements. Review areas included, but are not limited to:

**Credit Review and Methodology**

**Credit Report**: Analyzed the Borrower's credit report/credit history, confirming that credit scores, liabilities and public records met guideline requirements. Liabilities gathered from the credit report were included in the re-calculation of the debt-to-income ratio as appropriate. In addition the following data was also captured and reviewed to confirm compliance with guideline and ASF reporting requirements: (i) credit report date, (ii) bankruptcy date, (iii) bankruptcy discharge date, (iv) bankruptcy chapter, (v) foreclosure date, (vi) short sell date, (vii) longest trade line (active), (viii) longest trade line balance (active), (ix) months reviewed, (x) number of trade lines, (xi) credit scores, (xii) revolving debts and (xiii) installments debts.

**Loan Application (1003):** Reviewed the Borrower's Loan Application including comparison of initial loan application against the final loan application, or other loan applications found in the file, to identify potential discrepancies. In addition the following data was also captured and reviewed to confirm compliance with guideline and ASF reporting requirements: (i) purpose, (ii) years in primary residence, (iii) number of mortgaged properties (as compared with the credit reports disclosed mortgages), (iv) application date, (v) borrower information (name, date of birth, social security number and number of family members), (vi) borrower's address, (vii) borrower(s)' employment information (including address, years at job, years in field), (vii) monthly income and (ix) citizenship.

**Loan Approval/Exception Form (if applicable):** Reviewed the Lender's approval and Client's exception approval documentation to confirm appropriate risk mitigating factors were present when granting exceptions.

**Sales Contract (if applicable):** Reviewed the sales contract to confirm buyer(s) and seller(s), sales price and property address matches other documents.

**Title:** Reviewed the title policy or commitment to identify possible judgments or other liens that may have existed at origination. In addition, proper vesting and parties (as disclosed on sales contract, note, and deed) were reflected accurately.

**Hazard and Flood Insurance:** Reviewed hazard and flood (if applicable) insurance to ensure policy met the minimum required amount of replacement coverage.

**Employment and Income (DTI Loans):** Reviewed borrower(s)' employment and income documentation used for qualification purposes and as applicable, Appendix Q or Ability to Repay, including recalculation of debt-to-income ratio (DTI) to confirm compliance with underwriting guidelines. Items reviewed included: (i) verbal or written verifications of employment, (ii) pay stubs, (iii) W-2's, (iv) federal tax returns, (v) bank statements, (vi) profit and loss statements, and (vii) IRS tax transcripts (when provided).

**Leases and Market Rents (DSCR Loans):** Reviewed lease agreements and third-party market rent documents to confirm compliance with Debt-Service-Coverage-Ratio requirements. Note, the documentation that can be used to establish market rents can vary from lender to lender. CRES reviews the market rent source, to ensure compliance with applicable guidelines. In some cases, lenders may not require proof of market rents, if a sourced payment history can be provided along with the lease agreement.

**Assets:** Reviewed (i) bank statements, (ii) verification-of-deposit (VOD) and (iii) stock or security account statements to ensure adequate assets were provided verifying down payment, closing costs and reserves required by the guidelines and as applicable Ability to Repay.

**Guidelines:** Confirmed compliance with applicable underwriting guidelines and determined the qualification of credit and income, assets, property type and usage, LTV/CLTV, and documentation requirements to applicable underwriting guidelines and loan program matrices. Items included, but not limited to: FICO, housing history, bankruptcy and foreclosure seasoning, occupancy, credit grade, loan amounts (minimum and maximum), maximum cash out amount, reserves, residual income, minimum trade lines, debt to income and debt service coverage ratio requirements.

Unless otherwise stated in the Lender's or Client's guidelines, Fannie Mae guidelines prevail.

**Property Valuation Review and Methodology**

CRES reviewed the Appraisal for completeness and conformance to industry standards, including requirements set forth in Title XI of FIRREA. The review included both data and description information provided by the appraiser. Review items included: (i) property address and borrower information matches the mortgage note and other critical origination documents, (ii) neighborhood characteristics and housing trends were acceptable and met applicable underwriting guidelines, (iii) site information for zoning compliance and possible adverse site notations reviewed for adverse conditions, FEMA Flood Zone designation matched the Flood Certification, (iv) property type and property description information met applicable underwriting guidelines, (v) comparable sales (sale dates, distance, gross and net adjustments, square footage, and value) met industry standards and were properly bracketed, (vi) comparable size, style, and location were similar to the subject address, (vii) condition of the property was average or better and notable repairs were addressed, (viii) appraisal was made on an "as is" basis or proper evidence of completion was obtained and clearly documented and addressed all "subject to" conditions noted, (ix) subject and comparable photos reviewed to ensure appraisal description information coincides with property pictures and that no visible adverse issues are present that the appraiser did not address, (x) appraisal was completed by a licensed appraiser and (xi) appraisal was completed within the required timing requirements, as disclosed in the applicable underwriting guidelines.

A Fannie Mae UCDP Submission Summary Report with a Collateral Underwriter Risk Score of 2.5 or less or an enhanced desk review product, (such as an ARR from ProTeck or CDA from Clear Capital), from a client approved AMC is required on all transactions. In lieu of an enhanced desk review product, a field review or second appraisal from a client approved AMC is acceptable. The source of the Appraisal Review Product may not be the same AMC used for the appraisal. If the Collateral Underwriter Risk Score is greater than 2.5 an enhanced desk review product was also required. If the Appraisal Review Product value is more than 10% below the appraised value, a second field review or appraisal was required. In certain cases, correspondents may include an enhanced desk review product from a Client approved AMC. All ARR or CDA documentation provided by a client approved AMC vendor was recorded by CRES, as an acceptable valuation support option as long as valuations were obtained in accordance with guidelines and through notable AMC vendors. Any loans that did not maintain an enhanced desk review or did not meet the Client's vendor requirements were conditioned and communicated with the Client.

If material origination valuation discrepancies could not be resolved an exception was created and the applicable NRSROs valuation grade was recorded.

**Compliance Review Methodology**

CRES reviews on one consumer loan included comprehensive audit of fees and disclosed federal, state, municipal requirements along with timing of delivery requirements for TRID related Loan Estimates (LE's) and the Initial Closing Disclosure (CD's). The reviews track delivery and receipt requirements for all LE's and CD's, tracks fee changes and changed circumstances affecting fees and provides a fee tolerance comparison across all LE's and CD's. In addition to the TRID specific items, the loans were also subject to the following Pre-TRID and Post- TRID compliance testing.

*CRES utilizes a third party compliance company's software for certain compliance tests. The following Pre-TRID, TRID, Qualified Mortgage (QM), and High Costs related test were completed within the third party compliance software:*

Qualified Mortgage (12 CFR § 1026.43)

&nbsp;&nbsp;&nbsp;&nbsp;(I) Negative Amortization Loan test.

&nbsp;&nbsp;&nbsp;&nbsp;(II) Interest Only Loan test.

&nbsp;&nbsp;&nbsp;&nbsp;(III) Balloon Payment Loan test.

&nbsp;&nbsp;&nbsp;&nbsp;(IV) Loan Term test.

&nbsp;&nbsp;&nbsp;&nbsp;(V) Points and Fees test.

&nbsp;&nbsp;&nbsp;&nbsp;(VI) The Qualified Mortgage DTI Threshold test.

Federal High-Cost Mortgage (HOEPA - Amended) (12 CFR §1026.32)

&nbsp;&nbsp;&nbsp;&nbsp;(I) APR threshold test.

&nbsp;&nbsp;&nbsp;&nbsp;(II) Points and fees threshold test.

&nbsp;&nbsp;&nbsp;&nbsp;(III) Prepayment penalty threshold test.

&nbsp;&nbsp;&nbsp;&nbsp;(IV) Is Not a High-Costs Mortgage.

Federal Higher-Priced Mortgage Loan (2013 Provisions) (12 CFR §1026.35)

&nbsp;&nbsp;&nbsp;&nbsp;(I) Higher-Priced Mortgage Loan test.

&nbsp;&nbsp;&nbsp;&nbsp;(II) Higher-priced mortgage loan required escrow account test.

Federal TILA (12 CFR §1026.15, 18, 22, 23 and 36)

&nbsp;&nbsp;&nbsp;&nbsp;(I) TILA finance charge test.

&nbsp;&nbsp;&nbsp;&nbsp;(II) TILA APR test.

&nbsp;&nbsp;&nbsp;&nbsp;(III) Dual Broker Compensation test.

&nbsp;&nbsp;&nbsp;&nbsp;(IV) Loan originator credits test.

&nbsp;&nbsp;&nbsp;&nbsp;(V) TILA Financing of Single Premium Credit Insurance test.

&nbsp;&nbsp;&nbsp;&nbsp;(VI) TILA Right of Rescission Test:

Initial Loan Estimate Timing Requirements (12 CFR §1026.19)

&nbsp;&nbsp;&nbsp;&nbsp;(I) Initial loan estimate delivery date test (from application).

&nbsp;&nbsp;&nbsp;&nbsp;(II) Initial loan estimate delivery date test (prior to consummation).

&nbsp;&nbsp;&nbsp;&nbsp;(III) Written list of service provider's disclosure date test.

Revised Loan Estimate Timing Requirements (12 CFR §1026.19)

&nbsp;&nbsp;&nbsp;&nbsp;(I) Revised loan estimate delivery date test (prior to consummation).

Revised Loan Estimate Timing & Changed Circumstances Requirements (12 CFR §1026.19)

&nbsp;&nbsp;&nbsp;&nbsp;(I) Valid or invalid changed circumstances test.

&nbsp;&nbsp;&nbsp;&nbsp;(II) Revised loan estimate delivery date and changed circumstances date test.

&nbsp;&nbsp;&nbsp;&nbsp;(III) Revised loan estimate lender credits test.

Initial Closing Disclosure Timing Requirements

&nbsp;&nbsp;&nbsp;&nbsp;(I) Initial closing disclosure delivery date test. (12 CFR §1026.19).

Initial Closing Disclosure Timing & Changed Circumstances Requirements

&nbsp;&nbsp;&nbsp;&nbsp;(I) Valid or invalid changed circumstances test.

&nbsp;&nbsp;&nbsp;&nbsp;(II) Initial closing disclosure delivery date and changed circumstances date test.

&nbsp;&nbsp;&nbsp;&nbsp;(III) Initial closing disclosure lender credits test.

Revised Closing Disclosure Timing Requirements (12 CFR §1026.19 and 22)

&nbsp;&nbsp;&nbsp;&nbsp;(I) APR Tolerance Test.

&nbsp;&nbsp;&nbsp;&nbsp;(II) Revised Closing Disclosure Waiting Period Required test.

&nbsp;&nbsp;&nbsp;&nbsp;(III) Revised closing disclosure delivery date test.

Revised Closing Disclosure Timing & Changed Circumstances Requirements

&nbsp;&nbsp;&nbsp;&nbsp;(I) Valid or invalid changed circumstances test.

&nbsp;&nbsp;&nbsp;&nbsp;(II) Revised closing disclosure delivery date and changed circumstances date test.

&nbsp;&nbsp;&nbsp;&nbsp;(III) Revised closing disclosure delivery date and date the rate was set test.

&nbsp;&nbsp;&nbsp;&nbsp;(IV) Revised closing disclosure lender credits test.

Integrated Disclosures Tolerance & Reimbursement Provisions (12 CFR §1026.19)

&nbsp;&nbsp;&nbsp;&nbsp;(I) Charges that cannot increase test.

&nbsp;&nbsp;&nbsp;&nbsp;(II) Lender credits that cannot decrease test.

&nbsp;&nbsp;&nbsp;&nbsp;(III) Charges that in total cannot increase more than 10% test.

&nbsp;&nbsp;&nbsp;&nbsp;(IV) Charges that can have an unlimited increase test.

Federal RESPA (12 CFR §§1024.8, 1024.20, 1026.33)

&nbsp;&nbsp;&nbsp;&nbsp;(I) Homeownership counseling organizations disclosure date test.

&nbsp;&nbsp;&nbsp;&nbsp;(II) Good Faith Estimate disclosure date test.

&nbsp;&nbsp;&nbsp;&nbsp;(III) RESPA "Your Credit or Charge" (802) Disallowed Credit and Charge test.

In addition to the checks disclosed above, various state, local high cost and/or anti-predatory laws and regulations tests were also completed using the third-party compliance software.

This pool contains one loan that was classified as "business purpose". In such cases compliance TILA and Regulation Z requirements were not tested, as the law's provisions do not apply to an extension of credit if primarily for business or a commercial purpose (12 C.F.R. §1026.3(a); 15 U.S.C. § 1603).

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

CRES reviews all loan transactions that are covered by the Ability to Repay rule as set forth in Regulation Z- Truth in Lending Act (TILA) to determine whether the lender considered and evaluated the eight underwriting factors. The eight factors reviewed are: (i) Current or reasonably expected income or assets (other than the value of the property that secures the loan) that the consumer will rely on to repay the loan, (ii) Current employment status (if you rely on employment income when assessing the consumer's ability to repay), (iii) Projected monthly mortgage payment for this loan (calculated using the introductory or fully- indexed rate, whichever is higher, and monthly, fully-amortizing payments that are substantially equal), (iv) Projected monthly payment on any simultaneous loans secured by the same property, (v) Monthly payments for property taxes and insurance that you require the consumer to buy, and certain other costs related to the property such as homeowners association fees or ground rent, (vi) Debts, alimony, and child- support obligations, (vii) Monthly debt-to-income ratio or residual income, calculated using the total of all of the mortgage and non-mortgage obligations listed above, as a ratio of gross monthly income, and (viii) Credit history.

*<u>Qualified Mortgage</u>*

When applicable, CRES assessed the borrower(s)' QM classification and re-assigns a due diligence reviewed QM or Non-QM type for each loan. Loans are classified into one of the following categories: (i) QM: Safe Harbor: Loans that meet the rule's definition of a QM and are eligible for safe harbor protection under the original QM definition, (ii) QM: Safe Harbor (APOR): Loans that meet the rule's definition of a QM and are eligible for safe harbor protection under the new General QM definition (iii) QM: GSE Temporary (safe harbor) – Loans that are eligible for purchase by Fannie Mae or Freddie Mac and therefore is exempt from the Appendix Q/43% DTI provision, but otherwise meets the QM safe harbor definition, (iv) QM: Rebuttable Presumption: Loans that meet the rule's definition of a QM and are eligible for rebuttable presumption protection under the original QM definition, (v) QM: Rebuttable Presumption (APOR): Loans that meet the rule's definition of a QM and are eligible for rebuttable presumption protection under the new General QM definition, (vi) QM: GSE Temporary (rebuttable presumption) - Loans that are eligible for purchase by Fannie Mae or Freddie Mac and therefore is exempt from the Appendix Q/43% DTI provision, but otherwise meets the QM rebuttable presumption definition (vii) Non-QM: Compliant with ATR: Loans that do not meet the QM definition but fully comply with the ATR rule, (viii) Non-QM: Non-Compliant with ATR: Loans that do not meet the QM definition and do not comply with the ATR rule, and (ix) Not Covered/Exempt: Loans that are not covered by the rule.

Note that CRES determines the mortgage loan's status under the ATR or QM rule requirements and assigns a proper due diligence mortgage loan designation that is solely based on the documentation available at the time of the review. Classifications of QM and Non-QM are based on multiple factors including, but not limited to, requirements as set forth in Appendix Q to Part 1026.

*The table below contains the TRID eligible breakdown for the loan population:*

 

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Count** | &nbsp;&nbsp;**Percentage of Population** |
| &nbsp;&nbsp;**Investment/Business Purpose Loans** | &nbsp;&nbsp;1 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;**Initial Application Date prior to October 3, 2015** | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**CRES Level II TRID Review** | &nbsp;&nbsp;1 | &nbsp;&nbsp;50.00% |

---

**Document Review**

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

&nbsp;&nbsp;&nbsp;&nbsp;· Appraisal.

&nbsp;&nbsp;&nbsp;&nbsp;· Asset documentation.

&nbsp;&nbsp;&nbsp;&nbsp;· Business Purpose Certification (if applicable)

&nbsp;&nbsp;&nbsp;&nbsp;· Changed circumstance documentation.

&nbsp;&nbsp;&nbsp;&nbsp;· Credit report.

&nbsp;&nbsp;&nbsp;&nbsp;· FACTA disclosures.

&nbsp;&nbsp;&nbsp;&nbsp;· Final 1003.

&nbsp;&nbsp;&nbsp;&nbsp;· Final HUD-1/Closing Disclosure(s).

&nbsp;&nbsp;&nbsp;&nbsp;· Hazard and/or flood insurance policies.

&nbsp;&nbsp;&nbsp;&nbsp;· HUD from sale of previous residence.

&nbsp;&nbsp;&nbsp;&nbsp;· Homeownership counseling organizations disclosure.

&nbsp;&nbsp;&nbsp;&nbsp;· Income and employment documentation.

&nbsp;&nbsp;&nbsp;&nbsp;· Initial and final GFE's.

&nbsp;&nbsp;&nbsp;&nbsp;· Initial application (1003).

&nbsp;&nbsp;&nbsp;&nbsp;· Initial escrow disclosure.

&nbsp;&nbsp;&nbsp;&nbsp;· Initial TIL.

&nbsp;&nbsp;&nbsp;&nbsp;· Leases

&nbsp;&nbsp;&nbsp;&nbsp;· Loan Estimate(s).

&nbsp;&nbsp;&nbsp;&nbsp;· Market Rent supporting documentation

&nbsp;&nbsp;&nbsp;&nbsp;· Mortgage Insurance.

&nbsp;&nbsp;&nbsp;&nbsp;· Mortgage/Deed of Trust.

&nbsp;&nbsp;&nbsp;&nbsp;· Note.

&nbsp;&nbsp;&nbsp;&nbsp;· Notice of Special Flood Hazards.

&nbsp;&nbsp;&nbsp;&nbsp;· Sales contract.

&nbsp;&nbsp;&nbsp;&nbsp;· Tangible Net Benefit Disclosure.

&nbsp;&nbsp;&nbsp;&nbsp;· Title/Preliminary Title.

&nbsp;&nbsp;&nbsp;&nbsp;· Written List of Service Providers.

(6) Tape Data Compare

CRES compared data fields on the data tape provided by the Client to the data points disclosed on the actual mortgage loan file documents, as captured by CRES. When data was available, the following data elements were compared:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Appraised Value** | &nbsp;&nbsp;**First Payment Date** | &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Purpose** |
| &nbsp;&nbsp;**CLTV** | &nbsp;&nbsp;**Interest Rate** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**QM Type** |
| &nbsp;&nbsp;**Doc Level** | &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**P&I Payment** | &nbsp;&nbsp;**Term** |
| &nbsp;&nbsp;**DSCR** | &nbsp;&nbsp;**LTV** | &nbsp;&nbsp;**Property City** |  |
| &nbsp;&nbsp;**DTI** | &nbsp;&nbsp;**Note Date** | &nbsp;&nbsp;**Property State** | |
| &nbsp;&nbsp;**FICO** | &nbsp;&nbsp;**Note Type** | &nbsp;&nbsp;**Property Zip** | |

---

The aggregator provided CRES with loan level data regarding the mortgage loans for the data integrity check. The aggregator received the data directly from sellers through loan registrations in its system or via data tape.

Of the two mortgage loans reviewed, one unique mortgage loans had at least one tape discrepancy across 21 data fields (some mortgage loans had more than one data discrepancy). The following table discloses the number of data discrepancies noted by field name. Note, data was not provided on certain field compare values. The fields in which tape data was not available is noted below; however, a data discrepancy was not counted if the seller failed to provide a compare value.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Compare** | **Discrepancy: No** | **Discrepancy: Yes** | **Total** |
| &nbsp;&nbsp;**Appraised Value** | 2 | 0 | 2 |
| &nbsp;&nbsp;**CLTV** | 2 | 0 | 2 |
| &nbsp;&nbsp;**Doc Level** | 2 | 0 | 2 |
| &nbsp;&nbsp;**DSCR\*** | 2 | 0 | 2 |
| &nbsp;&nbsp;**DTI** | 1 | 1 | 2 |
| &nbsp;&nbsp;**FICO** | 2 | 0 | 2 |
| &nbsp;&nbsp;**First Payment Date** | 2 | 0 | 2 |
| &nbsp;&nbsp;**Interest Rate** | 2 | 0 | 2 |
| &nbsp;&nbsp;**Lien Position** | 2 | 0 | 2 |
| &nbsp;&nbsp;**LTV** | 2 | 0 | 2 |
| &nbsp;&nbsp;**Note Date\*** | 2 | 0 | 2 |
| &nbsp;&nbsp;**Note Type** | 2 | 0 | 2 |
| &nbsp;&nbsp;**Occupancy** | 2 | 0 | 2 |
| &nbsp;&nbsp;**Original Balance** | 2 | 0 | 2 |
| &nbsp;&nbsp;**P&I Payment\*** | 2 | 0 | 2 |
| &nbsp;&nbsp;**Property City** | 2 | 0 | 2 |
| &nbsp;&nbsp;**Property State** | 2 | 0 | 2 |
| &nbsp;&nbsp;**Property Zip** | 2 | 0 | 2 |
| &nbsp;&nbsp;**Purpose** | 2 | 0 | 2 |
| &nbsp;&nbsp;**QM Type\*** | 2 | 0 | 2 |
| &nbsp;&nbsp;**Term** | 2 | 0 | 2 |
| \*DSCR, Note Date, P&I Payment, QM Type: Tape data was not provided. | \*DSCR, Note Date, P&I Payment, QM Type: Tape data was not provided. | \*DSCR, Note Date, P&I Payment, QM Type: Tape data was not provided. | \*DSCR, Note Date, P&I Payment, QM Type: Tape data was not provided. |

---

(7) Credit, Compliance and Property Valuation Results

**Credit Results Summary**

Approximately 100.00% of the mortgage loans in the securitization have a Credit grade of "A".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.00%** |

---

**Compliance Results Summary**

Approximately 100.00% of all mortgage loans by number received a Compliance grade of "A".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.00%** |

---

**Property Valuation Results Summary**

Approximately 100.00% of all mortgage loans by number received a Valuation grade of "A".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.00%** |

---

**Overall Results Summary**

Approximately 100.00% of all loans by number received an overall grade of "A".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.00%** |

---

(8) Pool Stratification Summary

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;First | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.00%** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Note Type** | &nbsp;&nbsp;**Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;**Arm** | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Fixed** | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.00%** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;**Owner Occupied** | &nbsp;&nbsp;1 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;**Non-Owner Occupied** | &nbsp;&nbsp;1 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;**Second Home** | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.00%** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Purpose** | &nbsp;&nbsp;**Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;**Purchase** | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Refi - Cash Out** | &nbsp;&nbsp;1 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;**Rate Term Refi** | &nbsp;&nbsp;1 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.00%** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Property Type** | &nbsp;&nbsp;**Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;**Single Family** | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**PUD** | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Condo** | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**2-4 Family** | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**5-10 Unit Multi-Family** | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Townhome** | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Mixed Use** | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.00%** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**DSCR Loans** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Count** | **Percentage** |
| &nbsp;&nbsp;**<0 or\*** | 0 | 0.00% |
| &nbsp;&nbsp;**0-0.199** | 0 | 0.00% |
| &nbsp;&nbsp;**0.2-0.399** | 0 | 0.00% |
| &nbsp;&nbsp;**0.4-0.599** | 0 | 0.00% |
| &nbsp;&nbsp;**0.6-0.799** | 0 | 0.00% |
| &nbsp;&nbsp;**0.8-.999** | 0 | 0.00% |
| &nbsp;&nbsp;**1-1.199** | 1 | 100.00% |
| &nbsp;&nbsp;**1.2-1.399** | 0 | 0.00% |
| &nbsp;&nbsp;**1.4-1.599** | 0 | 0.00% |
| &nbsp;&nbsp;**1.6-1.799** | 0 | 0.00% |
| &nbsp;&nbsp;**1.8-1.999** | 0 | 0.00% |
| &nbsp;&nbsp;**=>2** | 0 | 0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **1** | **100.00%** |
| **One loan is qualified under a DTI program.** | **One loan is qualified under a DTI program.** | **One loan is qualified under a DTI program.** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Debt to Income** | **Count** | **Percentage** |
| &nbsp;&nbsp;**0-10%\*** | 1 | 100.00% |
| &nbsp;&nbsp;**10%-20%** | 0 | 0.00% |
| &nbsp;&nbsp;**20%-30%** | 0 | 0.00% |
| &nbsp;&nbsp;**30%-40%** | 0 | 0.00% |
| &nbsp;&nbsp;**40%-50%** | 0 | 0.00% |
| &nbsp;&nbsp;**50%-60%** | 0 | 0.00% |
| &nbsp;&nbsp;**Total** | **1** | **100.00%** |
| **One loan qualified under a DSCR program.** | **One loan qualified under a DSCR program.** | **One loan qualified under a DSCR program.** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Loan to Value** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Count** | **Percentage** |
| &nbsp;&nbsp;**0%-9.99%** | 0 | 0.00% |
| &nbsp;&nbsp;**10%-19.99%** | 0 | 0.00% |
| &nbsp;&nbsp;**20%-29.99%** | 0 | 0.00% |
| &nbsp;&nbsp;**30%-39.99%** | 0 | 0.00% |
| &nbsp;&nbsp;**40%-49.99%** | 1 | 50.00% |
| &nbsp;&nbsp;**50%-59.99%** | 0 | 0.00% |
| &nbsp;&nbsp;**60%-69.99%** | 0 | 0.00% |
| &nbsp;&nbsp;**70%-79.99%** | 1 | 50.00% |
| &nbsp;&nbsp;**80%-89.99%** | 0 | 0.00% |
| &nbsp;&nbsp;**90%-100%** | 0 | 0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2** | **100.00%** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**State** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Count** | **Percentage** |
| &nbsp;&nbsp;**CO** | 1 | 50.00% |
| &nbsp;&nbsp;**LA** | 1 | 50.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2** | **100.00%** |

---

## Exhibit 99.6

**Exhibit 99.6 Schedule 1**

---

| | | | | |
|:---|:---|:---|:---|:---|
| ![](ex99-6sch1_001.jpg) |  |  |  |  |
| **ATR QM Data Fields** | **ATR QM Data Fields** |  |  |  |
| *Loans in Report: 2* |  |  |  |  |
| **Client Loan Number** | **Alt Loan Number** | **Loan Level ATR/QM Status** | **Application Date Prior to 1/10/2014** | **TRID Indicator** |
| XXXXXXXXX | 136120 | Non-QM: Compliant with ATR | No | Yes |
| XXXXXXXXX | 136125 | Not covered/exempt | No | No |
| **2** |  |  |  |  |

---

## Exhibit 99.6

**Exhibit 99.6 Schedule 2**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Alt Loan Number** | **Tape** | **Audited** | **Field Compare** | **Variance** | **Data Discrepancy Flag** |
| XXXXXXXX | 136120 | 15.98 | 7.39 | DTI | -8.59 | Yes |

---

## Exhibit 99.6

**Exhibit 99.6 Schedule 3**

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Rating Agency Exceptions Report: 9/2/2025** | **Rating Agency Exceptions Report: 9/2/2025** | **Rating Agency Exceptions Report: 9/2/2025** | **Rating Agency Exceptions Report: 9/2/2025** | **Rating Agency Exceptions Report: 9/2/2025** | **Rating Agency Exceptions Report: 9/2/2025** | **Rating Agency Exceptions Report: 9/2/2025** | **Rating Agency Exceptions Report: 9/2/2025** | **Rating Agency Exceptions Report: 9/2/2025** | **Rating Agency Exceptions Report: 9/2/2025** | **Rating Agency Exceptions Report: 9/2/2025** | **Rating Agency Exceptions Report: 9/2/2025** | **Rating Agency Exceptions Report: 9/2/2025** | **Rating Agency Exceptions Report: 9/2/2025** | **Rating Agency Exceptions Report: 9/2/2025** | **Rating Agency Exceptions Report: 9/2/2025** | **Rating Agency Exceptions Report: 9/2/2025** | **Rating Agency Exceptions Report: 9/2/2025** | **Rating Agency Exceptions Report: 9/2/2025** |
| **Loan Information** | **Loan Information** | **Loan Information** | **Loan Information** | **Loan Information** | **Loan Information** | **Loan Information** | **Loan Information** | **Loan Information** | **Loan Information** | **Loan Information** | **Exception Information** | **Exception Information** | **Exception Information** | **Exception Information** | **Exception Information** | **Exception Information** | **Exception Information** | **Event Level** |
| **Loan Number** | **Loan Number 2** | **Property State** | **Purpose** | **Occupancy** | **Property Type** | **DTI** | **DSCR** | **FICO** | **LTV** | **Note Original Balance** | **Exception ID** | **Exception Type** | **Exception Description** | **Exception Note** | **Exception General Comment** | **Compensating Factors** | **Exception Status** | **Grade** |
| XXXXXXXXXXX | 136120 | LA | Rate Term Refi | Owner Occupied | PUD | 7.39 |  | 620 | 75.00% | XXXXXXXXXXX | 300656 | Credit | Title Commitment | The Title Policy Amount of $XXXX is less than the Note amount of $XXXX based on the Commitment in file. | 4/2/2025: Document provided to cure. |  | Cleared Exception A | 1 |
| XXXXXXXXXXX | 136125 | CO | Refi - Cash Out | Non-Owner Occupied | PUD | 0 | 1.054 | 622 | 41.62% | XXXXXXXXXXX | 300664 | Credit | Hazard Insurance | Provide verification that the property insurance policy for subject property includes a minimum of XXXX months of rent loss coverage. | 4/2/2025: The policy provided does not indicate whether rent loss coverage is included. <br> 4/4/2025: Policy includes XXXX coverage however could you verify with the insurer that at least XXXX months rent loss coverage is included. <br> 4/9: Policy provided is for a different property. 04/17/25: Documentation provided to cure. |  | Cleared Exception A | 1 |
| **2** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.6

**Exhibit 99.6 Schedule 4**

---

| | | |
|:---|:---|:---|
| **Rating Agency Grades: 9/2/2025** | **Rating Agency Grades: 9/2/2025** | **Rating Agency Grades: 9/2/2025** |
| **Loan Information** | **Loan Information** | **Loan Information** |
| **Loan Number** | **Alternate Loan ID** | **Note Original Balance** |
| XXXXXXXXX | 136120 | XXXXXXXXX C A |
| XXXXXXXXX | 136125 | XXXXXXXXX C A |

---

## Exhibit 99.6

**Exhibit 99.6 Schedule 5**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** | **ValuationReport** |
| | | | | | | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **BPO Review Values** | **BPO Review Values** | **BPO Review Values** | **BPO Review Values** | **BPO Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score** |
| **Loan Number** | **Alt Loan Number** | **Origination Date** | **Original Loan Amount** | **LTV** | **Value Used For LTV** | **Sale Price** | **Appraised Value** | **Appraisal Date** | **Second Appraisal Value** | **Second Appraisal Type** | **Value** | **Variance Amount** | **Variance (%)** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance (%)** | **Company** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance (%)** | **Company** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance (%)** | **Company** | **Appraisal Date** | **CU Score** | **Company** | **CU Date** |
| XXXXXXXXXX | 136120 | XX/XX/XXXX | XXXXXXXXXX | 75.00% | Appraised Value |  | XXXXXXXXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXXXXXX | 0.00 | 0.00% | ClearCapital | XX/XX/XXXX |  |  |  |  |  | 4.9 | Fannie Mae | XX/XX/XXXX |
| XXXXXXXXXX | 136125 | XX/XX/XXXX | XXXXXXXXXX | 41.62% | Appraised Value |  | XXXXXXXXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | Freddie Mac | XX/XX/XXXX |

---

## Exhibit 99.7

**Exhibit 99.7**

![](ex99-7_001.jpg)

FORWARD THINKING. SEAMLESS SOLUTIONS**.**

Executive Summary

PRPM 2025-NQM4

Dated: September 3, 2025

---

| |
|:---|
| **6136 Frisco Square Blvd. \| Suite 350 \| Frisco, TX 75034** |
| **P: 888.892.1843 \| evolvemortgageservices.com** |

---

![](ex99-7_002.jpg)

Forward Thinking. Seamless Solutions.

**EXECUTIVE SUMMARY**

**Overview** 

Evolve Mortgage Services ("Evolve") performed certain due diligence services (the "Review") described below on loans backed by residential properties (the "Loans") originated by a lender and subsequently purchased by PRP-LB VI AIV, LLC, and together with its affiliates (the "Client"). The Review was conducted via files imaged and provided by the lender or its designee for review.

**Sample size of the assets reviewed.**

The final population of the Review covered 30 Loans, consisting of 30 Residential Loans, totaling an aggregate original principal balance of approximately $11,551,814.00. Evolve is not aware of the overall securitization population as other third-party review ("TPR") firms may have reviewed loans within the overall securitization loan population.

**Determination of the sample size and computation.**

The Review was conducted consistent with the criteria for Moody's Investors Service, Inc, the NRSRO identified in Item 3 of the ABS Due Diligence-15E.

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

Evolve compared data provided by the Client to the data found in the Loan file as captured during the Review. The data integrity review was completed versus data as provided at the time of initial diligence or subsequently updated. Not all data elements were provided to Evolve on every loan within the securitization population. This comparison, when data was available, included the following data fields:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;Property City |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;Note Date | &nbsp;&nbsp;Property State |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;Property Street Address |
| &nbsp;&nbsp;DSCR | &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;Property Zip |
| &nbsp;&nbsp;Index Type | &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;QM Status |
| &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;Qualifying Credit Score |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;Qualifying DTI |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;Original Term | &nbsp;&nbsp;Sales Price |
| &nbsp;&nbsp;Margin | &nbsp;&nbsp;Prepayment Penalty | &nbsp;&nbsp;Self-Employment Flag |

---

Additional information about the data integrity review is included below.

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Forward Thinking. Seamless Solutions.

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

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

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

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

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

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

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Forward Thinking. Seamless Solutions.

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

**DU/LP Review:** When provided and appropriate, Evolve verified that DU findings included an approved/eligible decision where required by the guidelines. However, all mortgage loans are manually underwritten with documentation requirements determined by the guidelines and not AUS findings.

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

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

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

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

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

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

Additionally, Evolve verified (i) listed borrowers signed documents requiring signature, (ii) borrowers signing documents were eighteen (18) years or older at the time of the mortgage loan origination, (iii) that all riders required by the terms of the mortgage and mortgage note were attached to the respective document, (iv) that social security numbers across documents were consistent, and (v) debt-to-income ratio ("DTI(s)") and/or loan-to-value ratios ("LTV(s)") were used in the assessment of conformity guidelines.

**Regulatory Compliance:** Evolve conducted a review to determine whether the loan met certain federal, state and local regulatory requirements at the time of origination when applicable. All applicable tests and disclosure reviews were graded in accordance with the Structured Finance Association ("SFA") published RMBS 3.0 TRID Compliance Review Scope. The Regulatory Compliance Review conducted is fully detailed in Appendix A.

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

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

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Forward Thinking. Seamless Solutions.

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

Other aspects of Evolve's review included (i) verifying that the address matched the mortgage note, (ii) verifying that the appraisal and the policies and procedures with regard to appraisal, including the appropriate level of review, when originating the mortgage loan, were followed, (iii) noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying the Client of same (iv) confirming the appraisal report does not include any apparent environmental problems, (v) confirming the appraisal notes the current use of the property is legal or legal non-conforming (grandfathered), (vi) reviewing pictures to ensure (a) that the property is in average or better condition and any repairs are noted where required and (b) that the subject property is the one for which the valuation was ordered and that there are no negative external factors; and (vii) confirming that the value product that was used as part of the origination decision was directly accessible to Evolve or if it was not directly accessible that another valuation product that was directly accessible to Evolve was ordered in accordance with the Client's specific valuation waterfall process. If more than one valuation was provided, Evolve confirmed consistency among the valuation products and if there were discrepancies that could not be resolved, Evolve created an exception.

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Forward Thinking. Seamless Solutions.

**SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW**

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

**Compliance Results Summary**

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Moody's** | &nbsp;&nbsp;**Moody's** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;30 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**30** | &nbsp;&nbsp;**100.00%** |

---

**Credit Results Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Moody's** | &nbsp;&nbsp;**Moody's** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;24 | &nbsp;&nbsp;80.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;6 | &nbsp;&nbsp;20.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**30** | &nbsp;&nbsp;**100.00%** |

---

**Property Valuation Results Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Moody's** | &nbsp;&nbsp;**Moody's** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;30 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**30** | &nbsp;&nbsp;**100.00%** |

---

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Forward Thinking. Seamless Solutions.

**Overall Results Summary**

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Moody's** | &nbsp;&nbsp;**Moody's** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;24 | &nbsp;&nbsp;80.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;6 | &nbsp;&nbsp;20.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**30** | &nbsp;&nbsp;**100.00%** |

---

**Data Results Summary**

---

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|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**# Loans with Discrepancy** | &nbsp;&nbsp;**Total Time Compared** | &nbsp;&nbsp;**% Variance** |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;2 | &nbsp;&nbsp;30 | &nbsp;&nbsp;6.67% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;14 | &nbsp;&nbsp;30 | &nbsp;&nbsp;46.67% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;14 | &nbsp;&nbsp;30 | &nbsp;&nbsp;46.67% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;29 | &nbsp;&nbsp;30 | &nbsp;&nbsp;96.67% |
| &nbsp;&nbsp;PITI | &nbsp;&nbsp;11 | &nbsp;&nbsp;30 | &nbsp;&nbsp;36.67% |
| &nbsp;&nbsp;Product Code | &nbsp;&nbsp;13 | &nbsp;&nbsp;30 | &nbsp;&nbsp;43.33% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;2 | &nbsp;&nbsp;30 | &nbsp;&nbsp;6.67% |
| &nbsp;&nbsp;QM Status | &nbsp;&nbsp;29 | &nbsp;&nbsp;30 | &nbsp;&nbsp;96.67% |
| &nbsp;&nbsp;Qualifying Credit Score | &nbsp;&nbsp;2 | &nbsp;&nbsp;30 | &nbsp;&nbsp;6.67% |
| &nbsp;&nbsp;Qualifying DTI | &nbsp;&nbsp;4 | &nbsp;&nbsp;30 | &nbsp;&nbsp;13.33% |

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Forward Thinking. Seamless Solutions.

**APPENDIX A**

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

 ****

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

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

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Forward Thinking. Seamless Solutions.

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

**<u>FOR APPLICATION DATES BEFORE JANUARY 10, 2014</u>**

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

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

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

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

iii) errors in the right of rescission notice;

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

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

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

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

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

ii) proper execution by all required parties;

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

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

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

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

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

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

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

ii) APR threshold test;

iii) prepayment penalty test; and

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

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

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

ii) compliance with the escrow account and appraisal requirements;

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**(V) Federal and state specific late charge and prepayment penalty provisions;**

**(VI) Document Review**

Evolve reviewed each mortgage loan file and verified if the following documents, if applicable, for the Review scope in question at the time of review, were included in the file and if the data on these documents was consistent:

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

&nbsp;&nbsp;&nbsp;&nbsp;■ Final
application (1003);

&nbsp;&nbsp;&nbsp;&nbsp;■ Note;

&nbsp;&nbsp;&nbsp;&nbsp;■ Appraisal;

&nbsp;&nbsp;&nbsp;&nbsp;■ Sales
contract;

&nbsp;&nbsp;&nbsp;&nbsp;■ Title/Preliminary
Title;

&nbsp;&nbsp;&nbsp;&nbsp;■ Initial
TIL;

&nbsp;&nbsp;&nbsp;&nbsp;■ Final
TIL;

&nbsp;&nbsp;&nbsp;&nbsp;■ Final
HUD-1;

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

&nbsp;&nbsp;&nbsp;&nbsp;■ Right
of Rescission Disclosure;

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Mortgage Insurance;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Tangible Net Benefit Disclosure;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ FACTA disclosures; and

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

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**<u>FOR APPLICATION DATES ON OR AFTER JANUARY 10, 2014</u>**

For mortgage loans with application dates on or after January 10, 2014 additional compliance testing was applicable and conducted by Evolve. Testing during this period included all items as referenced in the **FOR APPLICATION DATES BEFORE JANUARY 10, 2014** section above plus:

**(VII) Federal Truth in Lending Act ("TILA"), as implemented by Regulation Z, 12 C.F.R. Part 1026 testing included:**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) confirm
that the creditor provided the borrower a list of homeownership counseling organizations within three (3) business days of application;
and

ii) confirm that the list of homeownership counseling organizations was obtained no earlier than 30 days prior to when the list was provided to the loan applicant.

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

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

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

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

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

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

 

*<u>Qualified Mortgage</u>*

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

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

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

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

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

 

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

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

 

*Note*: for loans designated as QM – agency eligible, Evolve will not review for compliance with the requirements of Appendix Q or General Ability to Repay.

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

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

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

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

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

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

iv) with respect to a borrower that has waived the three (3) business day disclosure requirement, confirm that the borrower has signed the waiver or other acknowledgment at least three (3) business days prior to consummation; and (2) confirm that the lender has provided copies of appraisals and other written valuations at or prior to consummation.

**(XI) FIRREA Review**

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

**<u>FOR APPLICATION DATES ON OR AFTER OCTOBER 3, 2015</u>**

For mortgage loans with application dates on or after October 3, 2015 additional compliance testing was applicable and conducted by Evolve. Testing during this period included all items as referenced in the **FOR APPLICATION DATES BEFORE JANUARY 10, 2014 and FOR APPLICATION DATES ON OR AFTER JANUARY 10, 2014** sections above plus:

With regard to TILA-RESPA Integrated Disclosure ("TRID") testing, Evolve implemented the TRID scope of review referenced within the Regulatory Compliance section (III) based on (i) the RMBS 3.0 TRID Compliance Review Scope published by the Structured Finance Association (the "SFA Compliance Review Scope") and (ii) outside counsel's interpretations of the published regulations as of the date of review of each mortgage loan. Evolve worked with outside counsel and continues to obtain updated interpretations relative to the informal guidance provided by the Consumer Financial Protection Bureau ("CFPB") which has caused alterations in the review scope and severity of TRID related exceptions, including applicable cures. (This will continue as necessary as additional guidance becomes available, as well as any future rulemaking.) While Evolve continues to make a good faith effort to identify material TRID exceptions and apply the appropriate grading, the implementation of new regulations (including TRID) that impact residential mortgages carries certain interpretive risk and continues to evolve, impacting the review scope and exception severity. Evolve has worked closely with the NRSROs and Client to disclose, as mutually agreed upon by the parties, the relevant exceptions per Evolve's suggested review implementation as reviewed by outside counsel; however, no assurances can be provided and/or are given that Evolve has included within its Review all areas that may represent risk to the securitization trust, or that areas of risk identified by Evolve will result in the potential level of risk indicated by an Event Level or NRSRO grade.

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

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

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

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

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

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

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

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

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v) confirm
that any written estimate of terms or costs provided prior to receipt of a LE contained the required disclosures;

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

vii) confirm the presence and timely provision of a settlement service provider list (when consumer is given the opportunity to shop for services);

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

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

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

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

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

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

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

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

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

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

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

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

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

**(XIII) Document Review**

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

&nbsp;&nbsp;&nbsp;&nbsp;■ Loan
Estimates;

&nbsp;&nbsp;&nbsp;&nbsp;■ Closing
Disclosures; and

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

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## Exhibit 99.7

**Exhibit 99.7 Schedule 1**

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| ![](ex99-7sch1_001.jpg) | ![](ex99-7sch1_001.jpg) | ![](ex99-7sch1_001.jpg) | ![](ex99-7sch1_001.jpg) | ![](ex99-7sch1_001.jpg) | ![](ex99-7sch1_001.jpg) | ![](ex99-7sch1_001.jpg) |
| **Data Compare** | **Data Compare** | **Data Compare** | **Data Compare** | **Data Compare** | **Data Compare** | **Data Compare** |
| **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** |
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Field Label** | **Bid Tape Field Value** | **Field Value** | **Comment** |
| 1631139 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1631139 | XXXXXXXXXXX | XXXXXXXXXXX | Property Type | Single Family | Two Family | Verified |
| 1631139 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt | Verified |
| 1634504 | XXXXXXXXXXX | XXXXXXXXXXX | First Payment Date | XXXXXXXX | XXXXXXXX | Verified |
| 1634504 | XXXXXXXXXXX | XXXXXXXXXXX | Maturity Date | XXXXXXXX | XXXXXXXX | Verified |
| 1634504 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1634504 | XXXXXXXXXXX | XXXXXXXXXXX | PITI | XXXXXXXX | XXXXXXXX | Verified |
| 1634504 | XXXXXXXXXXX | XXXXXXXXXXX | Product Code | CALLY 30 YR FIXED | ACNR30YF | Verified |
| 1634504 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt |  |
| 1633564 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1633564 | XXXXXXXXXXX | XXXXXXXXXXX | PITI | XXXXXXXX | XXXXXXXX | Verified |
| 1633564 | XXXXXXXXXXX | XXXXXXXXXXX | Product Code | CALLY 30 YR FIXED | ACNR30YF | Verified |
| 1633564 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt | Verified |
| 1633326 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1633326 | XXXXXXXXXXX | XXXXXXXXXXX | Product Code | CALLY 30 YR FIXED | ACNR30YF | Verified |
| 1633326 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt | Verified |
| 1628556 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1628556 | XXXXXXXXXXX | XXXXXXXXXXX | PITI | XXXXXXXX | XXXXXXXX | Verified |
| 1628556 | XXXXXXXXXXX | XXXXXXXXXXX | Product Code | CALLY 30 YR FIXED | ACNR30YF | Verified |
| 1628556 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt |  |
| 1628299 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1628299 | XXXXXXXXXXX | XXXXXXXXXXX | Product Code | CALLY 30 YR FIXED | ACNR30YF | Verified |
| 1628299 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt | Verified |
| 1632840 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1632840 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt | Verified |
| 1633934 | XXXXXXXXXXX | XXXXXXXXXXX | First Payment Date | XXXXXXXX | XXXXXXXX | Verified |
| 1633934 | XXXXXXXXXXX | XXXXXXXXXXX | Maturity Date | XXXXXXXX | XXXXXXXX | Verified |
| 1633934 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1633934 | XXXXXXXXXXX | XXXXXXXXXXX | Product Code | CALLY 30 YR FIXED | ACNR30YF | Verified |
| 1633934 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt | Verified |
| 1632998 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1632998 | XXXXXXXXXXX | XXXXXXXXXXX | Product Code | CALLY 30 YR FIXED | ACNR30YF | Verified |
| 1632998 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt | Verified |
| 1634217 | XXXXXXXXXXX | XXXXXXXXXXX | First Payment Date | XXXXXXXX | XXXXXXXX | Verified |
| 1634217 | XXXXXXXXXXX | XXXXXXXXXXX | Maturity Date | XXXXXXXX | XXXXXXXX | Verified |
| 1634217 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1634217 | XXXXXXXXXXX | XXXXXXXXXXX | PITI | XXXXXXXX | XXXXXXXX | Verified |
| 1634217 | XXXXXXXXXXX | XXXXXXXXXXX | Product Code | CALLY 30 YR FIXED | ACNR30YF | Verified |
| 1634217 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt | Verified |
| 1633089 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1633089 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt | Verified |
| 1633126 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1633126 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt | Verified |
| 1633936 | XXXXXXXXXXX | XXXXXXXXXXX | Qualifying Credit Score | XXX | XXX | Verified |
| 1633936 | XXXXXXXXXXX | XXXXXXXXXXX | First Payment Date | XXXXXXXX | XXXXXXXX | Verified |
| 1633936 | XXXXXXXXXXX | XXXXXXXXXXX | Maturity Date | XXXXXXXX | XXXXXXXX | Verified |
| 1633936 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1633936 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt | Verified |
| 1632842 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1632842 | XXXXXXXXXXX | XXXXXXXXXXX | Product Code | CALLY 30 YR FIXED | ACNR30YF | Verified |
| 1632842 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt | Verified |
| 1633128 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1633128 | XXXXXXXXXXX | XXXXXXXXXXX | Product Code | CALLY 30 YR FIXED | ACNR30YF | Verified |
| 1633128 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt |  |
| 1633403 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1633403 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt | Verified |
| 1633943 | XXXXXXXXXXX | XXXXXXXXXXX | First Payment Date | XXXXXXXX | XXXXXXXX | Verified |
| 1633943 | XXXXXXXXXXX | XXXXXXXXXXX | Maturity Date | XXXXXXXX | XXXXXXXX | Verified |
| 1633943 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1633943 | XXXXXXXXXXX | XXXXXXXXXXX | PITI | XXXXXXXX | XXXXXXXX | Verified |
| 1633943 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt | Verified |
| 1639702 | XXXXXXXXXXX | XXXXXXXXXXX | First Payment Date | XXXXXXXX | xx | Verified |
| 1639702 | XXXXXXXXXXX | XXXXXXXXXXX | Maturity Date | XXXXXXXX | xx | Verified |
| 1639702 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1639702 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt |  |
| 1639702 | XXXXXXXXXXX | XXXXXXXXXXX | Qualifying DTI | 38.06500 | 0.38065 | Verified |
| 1634261 | XXXXXXXXXXX | XXXXXXXXXXX | First Payment Date | XXXXXXXX | XXXXXXXX | Verified |
| 1634261 | XXXXXXXXXXX | XXXXXXXXXXX | Maturity Date | XXXXXXXX | XXXXXXXX | Verified |
| 1634261 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1634261 | XXXXXXXXXXX | XXXXXXXXXXX | PITI | XXXXXXXX | XXXXXXXX | Verified |
| 1634261 | XXXXXXXXXXX | XXXXXXXXXXX | Product Code | CALLY 30 YR FIXED | ACNR30YF | Verified |
| 1634261 | XXXXXXXXXXX | XXXXXXXXXXX | Property Type | Single Family | PUD-Detached | Verified |
| 1634261 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt | Verified |
| 1633134 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1633134 | XXXXXXXXXXX | XXXXXXXXXXX | Product Code | CALLY 30 YR FIXED | ACNR30YF | Verified |
| 1633134 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt |  |
| 1634103 | XXXXXXXXXXX | XXXXXXXXXXX | First Payment Date | XXXXXXXX | XXXXXXXX | Verified |
| 1634103 | XXXXXXXXXXX | XXXXXXXXXXX | Maturity Date | XXXXXXXX | XXXXXXXX | Verified |
| 1634103 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1634103 | XXXXXXXXXXX | XXXXXXXXXXX | PITI | XXXXXXXX | XXXXXXXX | Verified |
| 1634103 | XXXXXXXXXXX | XXXXXXXXXXX | Product Code | CALLY 30 YR FIXED | ACNR30YF | Verified |
| 1634103 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt | Verified |
| 1633136 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1633136 | XXXXXXXXXXX | XXXXXXXXXXX | PITI | XXXXXXXX | XXXXXXXX | Verified |
| 1633136 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt |  |
| 1634051 | XXXXXXXXXXX | XXXXXXXXXXX | Qualifying Credit Score | XXX | XXX | Verified |
| 1634051 | XXXXXXXXXXX | XXXXXXXXXXX | First Payment Date | XXXXXXXX | XXXXXXXX | Verified |
| 1634051 | XXXXXXXXXXX | XXXXXXXXXXX | Maturity Date | XXXXXXXX | XXXXXXXX | Verified |
| 1634051 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1634051 | XXXXXXXXXXX | XXXXXXXXXXX | PITI | XXXXXXXX | XXXXXXXX | Verified |
| 1634051 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt |  |
| 1634198 | XXXXXXXXXXX | XXXXXXXXXXX | First Payment Date | XXXXXXXX | XXXXXXXX | Verified |
| 1634198 | XXXXXXXXXXX | XXXXXXXXXXX | Maturity Date | XXXXXXXX | XXXXXXXX | Verified |
| 1634198 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1634198 | XXXXXXXXXXX | XXXXXXXXXXX | PITI | XXXXXXXX | XXXXXXXX | Verified |
| 1634198 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt | Verified |
| 1633394 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1633394 | XXXXXXXXXXX | XXXXXXXXXXX | PITI | XXXXXXXX | XXXXXXXX | Verified |
| 1633394 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt | Verified |
| 1639019 | XXXXXXXXXXX | XXXXXXXXXXX | First Payment Date | XXXXXXXX | XXXXXXXX | Verified |
| 1639019 | XXXXXXXXXXX | XXXXXXXXXXX | Maturity Date | XXXXXXXX | XXXXXXXX | Verified |
| 1639019 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1639019 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt | Verified |
| 1639019 | XXXXXXXXXXX | XXXXXXXXXXX | Qualifying DTI | 49.66200 | 0.49662 | Verified |
| 1639031 | XXXXXXXXXXX | XXXXXXXXXXX | Doc Type | Alternative Doc | P&L | Verified |
| 1639031 | XXXXXXXXXXX | XXXXXXXXXXX | First Payment Date | XXXXXXXX | XXXXXXXX | Verified |
| 1639031 | XXXXXXXXXXX | XXXXXXXXXXX | Maturity Date | XXXXXXXX | XXXXXXXX | Verified |
| 1639031 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1639031 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt | Verified |
| 1639031 | XXXXXXXXXXX | XXXXXXXXXXX | Qualifying DTI | 18.33400 | 0.18334 | Verified |
| 1638830 | XXXXXXXXXXX | XXXXXXXXXXX | Doc Type | Alternative Doc | Bank Statement | Verified |
| 1638830 | XXXXXXXXXXX | XXXXXXXXXXX | First Payment Date | XXXXXXXX | XXXXXXXX | Verified |
| 1638830 | XXXXXXXXXXX | XXXXXXXXXXX | Maturity Date | XXXXXXXX | XXXXXXXX | Verified |
| 1638830 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1638830 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt | Verified |
| 1639582 | XXXXXXXXXXX | XXXXXXXXXXX | First Payment Date | XXXXXXXX | XXXXXXXX | Verified |
| 1639582 | XXXXXXXXXXX | XXXXXXXXXXX | Maturity Date | XXXXXXXX | XXXXXXXX | Verified |
| 1639582 | XXXXXXXXXXX | XXXXXXXXXXX | Note Date |  | XXXXXXXX | Verified |
| 1639582 | XXXXXXXXXXX | XXXXXXXXXXX | QM Status |  | Exempt |  |
| 1639582 | XXXXXXXXXXX | XXXXXXXXXXX | Qualifying DTI | 40.70400 | 0.40704 | Verified |

---

## Exhibit 99.7

**Exhibit 99.7 Schedule 2**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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| ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) | ![](ex99-7sch2_001.jpg) |
| **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** | **Exception Detail** |
| **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** |
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Loan Exception ID** | **Exception ID** | **Exception Date** | **Exception Type** | **Exception Category** | **Exception Subcategory** | **Exception** | **Exception Detail** | **Exception Information** | **Exception Remediation** | **Compensating Factors** | **Follow-up Comments** | **Cleared Date** | **Cured Date** | **Waived Date** | **Exception Level Grade** | **Exception Level Rating** | **Note Date** | **Property State** | **Occupancy** | **Purpose** | **Overall Initial Loan Grade** | **Overall Final Loan Grade** | **Credit Initial Loan Grade** | **Credit Final Loan Grade** | **Compliance Initial Loan Grade** | **Compliance Final Loan Grade** | **Property Initial Loan Grade** | **Property Final Loan Grade** | **Originator QM ATR Status** | **TPR QM ATR Status** | **Is Curable** |
| 1628299 | XXXXXXXXXXX | XXXXXXXXXXX | 7122199 | 896 | XXXXXXXXXX | Compliance | Compliance |  | Compliance - TRID CD-Timing |  | Please provide evidence the XXXXXX XXX was received at or before closing | Information provided |  |  | 12/13/2024 |  |  | A | 1 | XXXXXXXXXX | CA | 1 | 1 | C | A | C | A | C | A | A | A |  | Exempt | 1 |
| 1628299 | XXXXXXXXXXX | XXXXXXXXXXX | 7121333 | 884 | XXXXXXXXXX | Compliance | Compliance |  | Compliance - Pending Internal completion of compliance fee tests. Additional conditions may apply. |  |  | Information provided |  |  | 12/13/2024 |  |  | A | 1 | XXXXXXXXXX | CA | 1 | 1 | C | A | C | A | C | A | A | A |  | Exempt | 1 |
| 1628299 | XXXXXXXXXXX | XXXXXXXXXXX | 7121334 | 895 | XXXXXXXXXX | Compliance | Compliance |  | Compliance - TRID CD- Need proof CD was received 3 days prior to consummation |  | Need the initial XXX and proof it was rec''''d at least XX days prior to closing date of XXXXXXX | information provided |  |  | 12/10/2024 |  |  | A | 1 | XXXXXXXXXX | CA | 1 | 1 | C | A | C | A | C | A | A | A |  | Exempt | 1 |
| 1628299 | XXXXXXXXXXX | XXXXXXXXXXX | 7121347 | 330 | XXXXXXXXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Missing fraud report | received XXXXXX report with alerts cleared by lender |  |  | 12/10/2024 |  |  | A | 1 | XXXXXXXXXX | CA | 1 | 1 | C | A | C | A | C | A | A | A |  | Exempt | 1 |
| 1628299 | XXXXXXXXXXX | XXXXXXXXXXX | 7121173 | 72 | XXXXXXXXXX | Compliance | Closing Package |  | Closing Package - |  | Please provide the XXXXXXXXXXXX approval for review. | information provided |  |  | 12/02/2024 |  |  | A | 1 | XXXXXXXXXX | CA | 1 | 1 | C | A | C | A | C | A | A | A |  | Exempt | 1 |
| 1628299 | XXXXXXXXXXX | XXXXXXXXXXX | 7121221 | 1055 | XXXXXXXXXX | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | The loan approval, XXXXX and rate lock are missing from the loan file. XXXXXXX review is on hold until documents are received. | Missing documents provided |  |  | 11/29/2024 |  |  | A | 1 | XXXXXXXXXX | CA | 1 | 1 | C | A | C | A | C | A | A | A |  | Exempt | 1 |
| 1628556 | XXXXXXXXXXX | XXXXXXXXXXX | 7121416 | 884 | XXXXXXXXXX | Compliance | Compliance |  | Compliance - Pending Internal completion of compliance fee tests. Additional conditions may apply. |  |  | Information provided |  |  | 12/13/2024 |  |  | A | 1 | XXXXXXXXXX | CA | 1 | 13 | C | A | A | A | C | A | A | A |  | Exempt | 1 |
| 1628556 | XXXXXXXXXXX | XXXXXXXXXXX | 7121417 | 898 | XXXXXXXXXX | Compliance | Compliance |  | Compliance - TRID- Fee Tolerance Violation |  | Loan is failing XXXX tolerance for the increase in the XXXXXXXXXX fee in XXXX XX of the final XXXXX XXXXXXXXXX amount is XXXXXXXXXXXX XXXXX a XXXXX with cure, lox to borrower, proof of refund and evidence of payment shipped, all within XXX days of consummation. | Information provided |  |  | 12/13/2024 |  |  | A | 1 | XXXXXXXXXX | CA | 1 | 13 | C | A | A | A | C | A | A | A |  | Exempt | 1 |
| 1631139 | XXXXXXXXXXX | XXXXXXXXXXX | 7126783 | 330 | XXXXXXXXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Missing complete fraud report | CoreLogic report provided. |  | Client 01/28/2025 11:55 AM; Please find the clear XXXXXX XXXXXXX uploaded for review. XXXXXX you. <br>Reviewer 01/28/2025 12:20 PM; <br>| 01/28/2025 |  |  | A | 1 | XXXXXXXXXX | NJ | 1 | 13 | C | A | C | A | A | A | A | A |  | Exempt | 1 |
| 1632840 | XXXXXXXXXXX | XXXXXXXXXXX | 7129889 | 320 | XXXXXXXXXX | Credit | UW Assets |  | UW Assets - UW - Asset Other |  | Provide evidence borrower received all funds from sale of prior residence. XXXXXXXXXX settlement statement reflected XX individuals titled on the property. XXXXXXXXX would then be divided between the XX individuals, and gift letters are required if the borrower received the funds from the other individuals. | information provided and accepted |  | Client 03/06/2025 10:24 AM; See attached mortgage evidencing the XXXXXXXXX were the XXXXXXXXXX on the loan the proceeds were received from. XXXXXXXX were only listed on XXXXXX XXXXX XXXXXXXX provided gift letter. <br>XXXX XXXXXXXXXXXXXX XXXXXXXXXX XXXXXXXXXXXXX XXXXXXX XXXXXXXXXXXXXXX<br>XXXX proceeds from XXXXX XXXXXXXXXXXXXXX<br> XXXXX funds XXXXXXXXXXXXXX<br>XXXXXXX XXXXXXXXXXXXXXX<br>Reviewer 03/06/2025 02:40 PM; <br>| 03/06/2025 |  |  | A | 1 | XXXXXXXXXX | NJ | 1 | 1 | C | A | C | A | A | A | A | A |  | Exempt | 1 |
| 1632998 | XXXXXXXXXXX | XXXXXXXXXXX | 7130071 | 187 | XXXXXXXXXX | Credit | Flood Certificate |  | Flood Certificate - is missing. |  | Please provide XXXXXX XXXXXXXXXXXX for review. | Information provided |  |  | 02/21/2025 |  |  | A | 1 | XXXXXXXXXX | CO | 1 | 1 | C | A | C | A | A | A | A | A |  | Exempt | 1 |
| 1633089 | XXXXXXXXXXX | XXXXXXXXXXX | 7130280 | 851 | XXXXXXXXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Borrower must have XX months of XXXXXX reserves of own funds, not including cash out proceeds, the loan proceeds disbursed may be used to meet the remaining reserve requirement. |  | Compensating XXXXXXXXX XXXX XXXXXXXXXXXX is less than max XXXXX XXXXXXX score XXXXXXXX is at least XXX points greater than required minimum score XXXXXXXXX |  |  |  | 02/21/2025 | B | 2 | XXXXXXXXXX | CA | 1 | 13 | C | B | C | B | A | A | A | A |  | Exempt | 1 |
| 1633126 | XXXXXXXXXXX | XXXXXXXXXXX | 7130530 | 851 | XXXXXXXXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Borrower must have XX months own funds for reserves. XXXXXXXXX has XX months reserves own funds. |  | Compensating factors: XXXX XXXX well below max XXXX of XXXXX no credit lates XXX months. |  |  |  | 02/25/2025 | B | 2 | XXXXXXXXXX | CA | 1 | 13 | C | B | C | B | A | A | A | A |  | Exempt | 1 |
| 1633128 | XXXXXXXXXXX | XXXXXXXXXXX | 7130206 | 884 | XXXXXXXXXX | Compliance | Compliance |  | Compliance - Pending Internal completion of compliance fee tests. Additional conditions may apply. |  |  | Information provided |  |  | 03/10/2025 |  |  | A | 1 | XXXXXXXXXX | CA | 1 | 13 | C | A | A | A | C | A | A | A |  | Exempt | 1 |
| 1633128 | XXXXXXXXXXX | XXXXXXXXXXX | 7130207 | 897 | XXXXXXXXXX | Compliance | Compliance |  | Compliance - TRID CD- Other |  | Provide evidence XXX dated XXXXXXXXXX was rec''''d by the borrower at or prior to consummation date of XXXXXXXXXXX | Information provided |  | Reviewer 03/05/2025 12:00 PM; rec''''vd upload - however this is not related to an XXXX increase - need evidence borrower received the XXX as or prior to closing<br>Reviewer 03/05/2025 03:33 PM; document uploaded is not evidence the borrower received the XXXXX XXXXXXX provide disclosure tracking reflecting document was received by borrower<br>| 03/10/2025 |  |  | A | 1 | XXXXXXXXXX | CA | 1 | 13 | C | A | A | A | C | A | A | A |  | Exempt | 1 |
| 1633136 | XXXXXXXXXXX | XXXXXXXXXXX | 7130522 | 851 | XXXXXXXXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Missing exception approval for accepting an appraisal that is not completed by an appraisal management company |  | Approval granted for accepting an appraisal that is not completed by an appraisal management company. XXXX appraisal was ordered as a XXX appraisal through the XXX XXXXXXX which ensures appraiser independence in a similar manner to XXXXX | Reviewer 02/25/2025 09:30 AM; Approval granted for accepting an appraisal that is not completed by an appraisal management company. XXXX appraisal was ordered as a XXX appraisal through the XXX XXXXXXX which ensures appraiser independence in a similar manner to XXXXX<br>|  |  | 02/25/2025 | B | 2 | XXXXXXXXXX | FL | 1 | 13 | C | B | C | B | A | A | A | A |  | Exempt | 1 |
| 1633136 | XXXXXXXXXXX | XXXXXXXXXXX | 7130523 | 851 | XXXXXXXXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Missing exception approval allowing only XX months reserves of the borrower''''s own funds with the remaining reserve requirement met through loan proceeds. XXXXXXXXXXXX is XX months of borrower''''s funds require in order to use cash out proceeds to satisfy the required XX months reserves) |  | Approval granted for allowing only XX months reserves of the borrower''''s own funds with the remaining reserve requirement met through loan proceeds. XXXXXXXXXXXX is XX months of borrower''''s funds require in order to use cash out proceeds to satisfy the required XX months reserves). XXXXXXXXXXXXX factors are XXXX XXXXX score is more than XXXX points over the minimum XXXX XXXX XXXXX closing reserves are XXX months XXXX XXXXX term ownership XXXX XXXXXXXXX payment history of XXXXXX |  |  |  | 02/25/2025 | B | 2 | XXXXXXXXXX | FL | 1 | 13 | C | B | C | B | A | A | A | A |  | Exempt | 1 |
| 1633326 | XXXXXXXXXXX | XXXXXXXXXXX | 7130826 | 998 | XXXXXXXXXX | Credit | UW Other |  | UW Other - UW - Title Commitment is missing or requires correction. |  | Title commitment reflects subject property titled in a XXXXX XXXXXXXXX XXXXXXXX evidence loan was approved to close at titled. | Quit XXXXXX XXXXX dated XXXXXXXXXX provided. |  |  | 03/04/2025 |  |  | A | 1 | XXXXXXXXXX | CA | 1 | 13 | D | A | D | A | A | A | A | A |  | Exempt | 1 |
| 1633394 | XXXXXXXXXXX | XXXXXXXXXXX | 7130794 | 330 | XXXXXXXXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Missing dated final loan approval | received final approval |  |  | 03/05/2025 |  |  | A | 1 | XXXXXXXXXX | CA | 1 | 1 | C | A | C | A | A | A | A | A |  | Exempt | 1 |
| 1633403 | XXXXXXXXXXX | XXXXXXXXXXX | 7130853 | 272 | XXXXXXXXXX | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal Other |  | Guidelines require properties with a XXX condition rating to have a second review in credit risk. XXXXXXXX evidence subject property received a second review in credit risk. | information provided and accepted. |  | Client 03/05/2025 11:00 AM; see attached conversation log pg XX and XX for XXXX level review on XXX condition <br>Reviewer 03/05/2025 12:01 PM; <br>| 03/05/2025 |  |  | A | 1 | XXXXXXXXXX | WI | 1 | 13 | C | A | A | A | A | A | C | A |  | Exempt | 1 |
| 1633934 | XXXXXXXXXXX | XXXXXXXXXXX | 7133092 | 330 | XXXXXXXXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Missing XXXX documentation for XXXX XXX a XXXXX XXXXXXXX XXXXXXXXXX XXXXXXXX including operating agreement and XXXXXX | Single-member XXXX XXXXXXXXXX XXXXXXXXXX provided. |  | Client 03/13/2025 07:37 AM; Provided operating agreement evidencing XXXXXXXXX is XXXXX owner. XXXX would not be required. XXXXXX vesting is going from XXX<br>Reviewer 03/13/2025 07:58 AM; <br>| 03/13/2025 |  |  | A | 1 | XXXXXXXXXX | UT | 1 | 13 | C | A | C | A | A | A | A | A |  | Exempt | 1 |
| 1633934 | XXXXXXXXXXX | XXXXXXXXXXX | 7133093 | 389 | XXXXXXXXXX | Credit | UW Credit |  | UW Credit - UW - Fraud Alert documentation |  | Missing the XXXXXX XXXXXX documentation. | CoreLogic XXXXXXX provided |  |  | 03/13/2025 |  |  | A | 1 | XXXXXXXXXX | UT | 1 | 13 | C | A | C | A | A | A | A | A |  | Exempt | 1 |
| 1633936 | XXXXXXXXXXX | XXXXXXXXXXX | 7132950 | 330 | XXXXXXXXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Fraud XXXXXXX with high and medium alerts clear missing from file. | CoreLogic XXXXXXX provided. |  | Client 03/17/2025 04:29 PM; Please find clear final XXXXXX XXXXXX uploaded. XXXXXX you. <br>Reviewer 03/17/2025 05:22 PM; <br>| 03/17/2025 |  |  | A | 1 | XXXXXXXXXX | CA | 1 | 13 | C | A | C | A | C | A | A | A |  | Exempt | 1 |
| 1633936 | XXXXXXXXXXX | XXXXXXXXXXX | 7132714 | 884 | XXXXXXXXXX | Compliance | Compliance |  | Compliance - Pending Internal completion of compliance fee tests. Additional conditions may apply. |  |  | Information provided |  |  | 03/07/2025 |  |  | A | 1 | XXXXXXXXXX | CA | 1 | 13 | C | A | C | A | C | A | A | A |  | Exempt | 1 |
| 1633936 | XXXXXXXXXXX | XXXXXXXXXXX | 7132715 | 895 | XXXXXXXXXX | Compliance | Compliance |  | Compliance - TRID CD- Need proof CD was received 3 days prior to consummation |  | For XXX issued XXXXXX | Information provided |  |  | 03/07/2025 |  |  | A | 1 | XXXXXXXXXX | CA | 1 | 13 | C | A | C | A | C | A | A | A |  | Exempt | 1 |
| 1634051 | XXXXXXXXXXX | XXXXXXXXXXX | 7133064 | 98 | XXXXXXXXXX | Compliance | Deed of Trust/Mortgage |  | Deed of Trust/Mortgage - Appropriate riders attached and signed: |  | Page XX of the XXXX XXXXXX to the XXXXX of XXXXXX was not found in the file. XXXXXXXX complete copy of XXXXXXX | Information provided |  |  | 03/11/2025 |  |  | A | 1 | XXXXXXXXXX | NC | 1 | 1 | D | A | A | A | D | A | A | A |  | Exempt | 1 |
| 1634103 | XXXXXXXXXXX | XXXXXXXXXXX | 7133480 | 851 | XXXXXXXXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Missing exception approval for less than two tradelines reporting or one tradeline reporting for XXX months, all with activity in the last XXX days. |  | Approval granted for less than two tradelines reporting or one tradeline reporting for XXX months, all with activity in the last XXX days. XXXXXXXXXXXXX factors are XXXX XXXX of XXXXXXXXX is below the XXXX maximum XXXX XXX late payments on credit report with alternate tradeline of paying taxes XXXX XXXXX term stable residency at the subject address |  |  |  | 03/12/2025 | B | 2 | XXXXXXXXXX | NJ | 1 | 13 | C | B | C | B | A | A | A | A |  | Exempt | 1 |
| 1634103 | XXXXXXXXXXX | XXXXXXXXXXX | 7133481 | 851 | XXXXXXXXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Missing exception approval for using cash out proceeds to be used to meet reserve requirements with borrower own funds being less than the required XX months of reserves. XXXXXXXXX borrower funds are the equivalent of XXXXXX months) |  | Approval granted for using cash out proceeds to be used to meet reserve requirements with borrower own funds being less than the required XX months of reserves. XXXXXXXXX borrower funds are the equivalent of XXXXXX months). XXXXXXXXXXXXX factors are XXXX XXXX of XXXXXXXXX is below the XXXX maximum XXXX XXX late payments on credit report with alternate tradeline of paying taxes XXXX XXXXX term stable residency at the subject address |  |  |  | 03/12/2025 | B | 2 | XXXXXXXXXX | NJ | 1 | 13 | C | B | C | B | A | A | A | A |  | Exempt | 1 |
| 1634217 | XXXXXXXXXXX | XXXXXXXXXXX | 7133693 | 328 | XXXXXXXXXX | Credit | UW Credit |  | UW Credit - UW - Satisfactory 12 mth Mortgage |  | Satisfactory XXXX for second lien with XXXX paid off at closing | Received XXXX XXX |  |  | 03/18/2025 |  |  | A | 1 | XXXXXXXXXX | CA | 1 | 13 | C | B | C | B | A | A | A | A |  | Exempt | 1 |
| 1634217 | XXXXXXXXXXX | XXXXXXXXXXX | 7134363 | 434 | XXXXXXXXXX | Credit | UW Assets |  | UW Assets - UW - Shorts Funds for Reserves |  | Guidelines require borrower to have XX months of own funds for reserves. XXXXXXXXX provided XXXXXX months of funds for reserves. |  | Exception approval received/ XXXXXXXXXXXXX XXXXXXXX - XXXX XXXXX XXXXXX XXXXX |  |  |  | 03/18/2025 | B | 2 | XXXXXXXXXX | CA | 1 | 13 | C | B | C | B | A | A | A | A |  | Exempt | 1 |
| 1634261 | XXXXXXXXXXX | XXXXXXXXXXX | 7133479 | 862 | XXXXXXXXXX | Compliance | Deed of Trust/Mortgage |  | Deed of Trust/Mortgage - Other: |  | Please provide an updated XXXX that has a XXXX XXXXXX along with a letter of intent to re-record. | Information provided |  | Reviewer 03/19/2025 02:01 PM; Appraisal reflects property as a XXXXXX XXXXX corrected XXXX including XXXX rider along with XXXX to re-record. <br>Reviewer 04/07/2025 03:33 PM; Received XXXX rider. XXXXXX need corrected XXXX with a XXXX to re-record<br>Reviewer 04/08/2025 11:05 AM; Page XX of the XXXX does not reflect the XXXX rider box checked. XXXX rider box must be checked along with a XXXX to re-record<br>Client 04/08/2025 01:07 PM; I attached the corrected XXXX w the proper riders. XXXXXX is re-recording this corrected XXXX w the riders<br>Reviewer 04/08/2025 01:31 PM; <br>Reviewer 04/08/2025 01:41 PM; Hello <br> XXXXX has been cleared. <br>XXXXXX<br>| 04/08/2025 |  |  | A | 1 | XXXXXXXXXX | GA | 1 | 1 | C | A | A | A | C | A | A | A |  | Exempt | 1 |
| 1634504 | XXXXXXXXXXX | XXXXXXXXXXX | 7134381 | 851 | XXXXXXXXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Missing exception approval for a borrower with a credit score under the program minimum of XXXXX |  | Approval granted for a borrower with a credit score under the program minimum of XXXXX borrower has XXXX qualifying score. XXXXXXXXXXXXX factors are XXXX XXXX of XXXX vs XXXX maximum XXXX oxXX mortgage history XXXX XX XXX years of credit history with only XX isolated XXXXX days from XXXXXX |  |  |  | 03/19/2025 | B | 2 | XXXXXXXXXX | TX | 1 | 3 | C | B | C | B | A | A | A | A |  | Exempt | 1 |
| 1638830 | XXXXXXXXXXX | XXXXXXXXXXX | 7137939 | 336 | XXXXXXXXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | Provide XXXX statement analysis. | Income calc received |  | Client 04/25/2025 09:07 AM; Please find uploaded income calc worksheet. XXXXXX you. <br>Reviewer 04/25/2025 03:35 PM; <br>| 04/25/2025 |  |  | A | 1 | XXXXXXXXXX | CA | 1 | 1 | C | A | C | A | A | A | A | A |  | Exempt | 1 |
| 1639019 | XXXXXXXXXXX | XXXXXXXXXXX | 7138293 | 851 | XXXXXXXXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Borrower''''s paystub and XXXX reflected the borrower has a security number which is ineligible for the XXXXX loan program. | Per discussion with XXX XXXXXXXXX XXXX XXXX does not belong to our XXXXXXXXXXX XXXXX used someone else XXXX to get employment and this is common with the XXXXX XXXXXXXXXXXXXXXX XXXXXXXXXXXX provided show the XXXXX number and borrower uses this to file taxes. |  | Reviewer 05/03/2025 11:43 AM; There is a XXX XXXXXXX (ending) that appears on the pay stub and XXXXX <br>Reviewer 05/05/2025 08:42 PM; Received XXXX XXXXX XXX XXXX with XXXXX ending XXXXXXX XXXXXXXX verification from XXXX of XXXXX appearing on the XXXX and paystub ending in XXXXXX<br>| 05/14/2025 |  |  | A | 1 | XXXXXXXXXX | CA | 1 | 1 | C | A | C | A | A | A | A | A |  | Exempt | 1 |
| 1639702 | XXXXXXXXXXX | XXXXXXXXXXX | 7140567 | 884 | XXXXXXXXXX | Compliance | Compliance |  | Compliance - Pending Internal completion of compliance fee tests. Additional conditions may apply. |  |  | Information provided |  |  | 05/15/2025 |  |  | A | 1 | XXXXXXXXXX | FL | 1 | 1 | C | A | A | A | C | A | A | A |  | Exempt | 1 |
| 1639702 | XXXXXXXXXXX | XXXXXXXXXXX | 7140568 | 894 | XXXXXXXXXX | Compliance | Compliance |  | Compliance - TRID LE- Other |  | Need proof the revised XXX was received by borrower at least XX days prior to consummation. XXXXXXXX XXX was sent on XXXXX sent via XXXXXXX | Information provided |  | Reviewer 05/15/2025 08:48 AM; Please provide evidence as to when the borrowers received the XXXXX XXXXX XXXXX be at least XX days prior to closing XXXXXXXXXX rule does not apply)<br>| 05/15/2025 |  |  | A | 1 | XXXXXXXXXX | FL | 1 | 1 | C | A | A | A | C | A | A | A |  | Exempt | 1 |
| 1639702 | XXXXXXXXXXX | XXXXXXXXXXX | 7140569 | 895 | XXXXXXXXXX | Compliance | Compliance |  | Compliance - TRID CD- Need proof CD was received 3 days prior to consummation |  | Need proof the initial XXX was received XX days prior to consummation. XXXXXXXX XXX provided is dated XXXXX sent via XXXXXX | Information provided |  |  | 05/15/2025 |  |  | A | 1 | XXXXXXXXXX | FL | 1 | 1 | C | A | A | A | C | A | A | A |  | Exempt | 1 |

---

## Exhibit 99.7

**Exhibit 99.7 Schedule 3**

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| ![](ex99-7sch3_001.jpg) | ![](ex99-7sch3_001.jpg) | ![](ex99-7sch3_001.jpg) | ![](ex99-7sch3_001.jpg) | ![](ex99-7sch3_001.jpg) | ![](ex99-7sch3_001.jpg) | ![](ex99-7sch3_001.jpg) | ![](ex99-7sch3_001.jpg) | ![](ex99-7sch3_001.jpg) | ![](ex99-7sch3_001.jpg) | ![](ex99-7sch3_001.jpg) | ![](ex99-7sch3_001.jpg) | ![](ex99-7sch3_001.jpg) | ![](ex99-7sch3_001.jpg) | ![](ex99-7sch3_001.jpg) | ![](ex99-7sch3_001.jpg) | ![](ex99-7sch3_001.jpg) | ![](ex99-7sch3_001.jpg) | ![](ex99-7sch3_001.jpg) | ![](ex99-7sch3_001.jpg) |
| **QM ATR Data** | **QM ATR Data** | **QM ATR Data** | **QM ATR Data** | **QM ATR Data** | **QM ATR Data** | **QM ATR Data** | **QM ATR Data** | **QM ATR Data** | **QM ATR Data** | **QM ATR Data** | **QM ATR Data** | **QM ATR Data** | **QM ATR Data** | **QM ATR Data** | **QM ATR Data** | **QM ATR Data** | **QM ATR Data** | **QM ATR Data** | **QM ATR Data** |
| **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** |
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Loan Level ATR/QM Status** | **Verified Safe Harbor** | **Application Date Prior to 1/10/2014** | **Lender Application Date** | **GSE Eligible** | **CDFI Indicator** | **ATR/QM Total Points and Fees** | **Rate Lock Date** | **APR** | **Borrower Employment Indicator** | **Co Borrower Employment Indicator** | **Borrower Foreign National Indicator** | **Borrower Residency Source** | **Co Borrower Foreign National Indicator** | **Co Borrower Residency Source** | **Residual Income to Qualify?** | **ATR/QM Residual Income** |
| 1631139 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 10/01/2024 | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1634504 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 02/06/2025 | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1633564 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 01/16/2025 | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1633326 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 01/13/2025 | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1628556 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 10/31/2024 | 0.00% | Not Required | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1628299 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 11/12/2024 | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1632840 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 01/28/2025 | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1633934 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 02/11/2025 | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1632998 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 02/04/2025 | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1634217 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 01/22/2025 | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1633089 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 01/10/2025 | 0.00% | Not Required |  | Permanent Resident Alien |  |  |  | No |  |
| 1633126 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 01/28/2025 | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1633936 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 02/18/2025 | 0.00% | Not Required | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1632842 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 01/24/2025 | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1633128 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 01/30/2025 | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1633403 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 01/22/2025 | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1633943 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 01/23/2025 | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1639702 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 03/13/2025 | 0.00% | Self-Employed |  | Non Permanent Resident Alien | ITIN IRS Letter |  |  | No |  |
| 1634261 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 02/26/2025 | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1633134 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 01/27/2025 | 0.00% | Not Required | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1634103 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 02/05/2025 | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1633136 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 02/04/2025 | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1634051 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 02/14/2025 | 0.00% | Not Required | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1634198 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 02/11/2025 | 0.00% | Not Required |  | Permanent Resident Alien |  |  |  | No |  |
| 1633394 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 02/07/2025 | 0.00% | Not Required |  | Permanent Resident Alien |  |  |  | No |  |
| 1639019 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 03/11/2025 | 0.00% | Employed |  | Non Permanent Resident Alien | ITIN IRS Letter |  |  | No |  |
| 1639031 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 04/01/2025 | 0.00% | Self-Employed |  | Non Permanent Resident Alien | Other |  |  | No |  |
| 1638830 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 03/28/2025 | 0.00% | Self-Employed |  | Non Permanent Resident Alien | ITIN IRS Letter |  |  | No |  |
| 1639582 | XXXXXXXXXXX | XXXXXXXXXXX | Exempt | N/A | No | XXXXXXXXXX | No | Yes |  | 04/02/2025 | 0.00% | Employed |  | Non Permanent Resident Alien | Other |  |  | No |  |
| 1636543 | XXXXXXXXXXXXXX | XXXXXXXXXXXXXX | Non-QM | N/A | No | XXXXXXXXXX | No | No | $0.00 | 01/29/2025 | 9.351% | Self-Employed |  | US Citizen |  |  |  | Yes | $30164.66 |

---

## Exhibit 99.7

**Exhibit 99.7 Schedule 4**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) | ![](ex99-7sch4_001.jpg) |
| **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** | **Rating Agency Grades** |
| **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** |
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **INITIAL CREDIT LOAN GRADES** | **INITIAL CREDIT LOAN GRADES** | **INITIAL CREDIT LOAN GRADES** | **INITIAL CREDIT LOAN GRADES** | **INITIAL CREDIT LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** |
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Original Loan Amount** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** |
| 1631139 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1634504 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1633564 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1633326 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1628556 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1628299 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | C | C | C | C | C | C | C | C | C | C | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1632840 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1633934 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1632998 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1634217 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1633089 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1633126 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1633936 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | C | C | C | C | C | C | C | C | C | C | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1632842 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1633128 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1633403 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1633943 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1639702 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1634261 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1633134 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1634103 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1633136 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| 1634051 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1634198 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1633394 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1639019 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1639031 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1638830 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1639582 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 1636543 | XXXXXXXXXXXXXX | XXXXXXXXXXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |

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## Exhibit 99.7

**Exhibit 99.7 Schedule 5**

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| ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) | ![](ex99-7sch5_001.jpg) |
| **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** | **Valuation Report** |
| **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** | **Run Date - 09/03/2025 11:11:46 AM** |
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **BPO Values** | **BPO Values** | **BPO Values** | **BPO Values** | **BPO Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **2055 Values** | **2055 Values** | **2055 Values** | **2055 Values** | **2055 Values** | **Updated Values** | **Updated Values** | **Updated Values** | **Updated Values** | **Updated Values** | **Updated Multi Property Values** | **Updated Multi Property Values** | **Updated Multi Property Values** |  |  |
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Appraised Value** | **Value for LTV** | **Appraisal Date** | **Appraisal Type** | **Appraisal Company** | **Appraiser Name** | **Appraiser State License Number** | **Second Appraisal Value** | **Variance Amount** | **Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Confidence Score** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Risk Score** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Aggregate Appraised Value** | **Aggregate Variance Amount** | **Aggregate Variance Percent** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** |
| 1631139 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXXXX | 1025 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXX |  | 0.00% | Clear Capital | Moderate Risk | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1634504 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXX |  | 0.00% | Clear Capital | Low | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1633564 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXXXX | 1073 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXX |  | 0.00% | Clear Capital | Low | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1633326 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXX |  | 0.00% | Clear Capital | Moderate | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1628556 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXX |  | 0.00% | Clear Capital | Moderate | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1628299 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXX |  | 0.00% | Clear Capital | Low Risk | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1632840 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | -5.19% | Clear Capital | Moderate | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1633934 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXX |  | 0.00% | Clear Capital | Low | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1632998 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXX |  | 0.00% | Clear Capital | Low Risk | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1634217 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXXX |  | XXXXXXX | XXXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXXX |  | 0.00% | Clear Capital | Moderate | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1633089 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXX |  | 0.00% | Clear Capital | Low | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1633126 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX |  | XXXXXXX | XXXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXXX |  | 0.00% | Clear Capital | Moderate | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.7 |
| 1633936 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | -3.40% | Clear Capital | Moderate | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.3 |
| 1632842 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXX |  | 0.00% | Clear Capital | Low | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1633128 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXX |  | 0.00% | Clear Capital | Low Risk | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1633403 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXX |  | 0.00% | Clear Capital | Low | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1633943 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXX |  | 0.00% | Clear Capital | Moderate | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1639702 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.4 |
| 1634261 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXX |  | 0.00% | Clear Capital | Moderate | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 1633134 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXX |  | 0.00% | Clear Capital | Low Risk | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1634103 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXXXX | 1025 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXX |  | 0.00% | Clear Capital | Low | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1633136 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX |  | XXXXXXX | XXXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXXX |  | 0.00% | Clear Capital | Moderate | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1634051 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXX |  | 0.00% | Clear Capital | Low | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1634198 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX |  | XXXXXXX | XXXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXXX |  | 0.00% | Clear Capital | Low Risk | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1633394 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXXXX | 1073 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXX |  | 0.00% | Clear Capital | Low | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1639019 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX | XXXXXX |  | 0.00% | XXXXXXXX | 1004 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 1639031 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.7 |
| 1638830 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXX |  | 0.00% | Clear Capital | Moderate | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1639582 | XXXXXXXXXXX | XXXXXXXXXXX | XXXXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 1636543 | XXXXXXXXXXXXXX | XXXXXXXXXXXXXX | XXXXXXXX | XXXXXX |  | XXXXXXX | XXXXXXX | XXXXXXXX | 1004 | XXXXXXX | XXXXXXX | XXXXXXX |  |  |  |  |  |  |  |  |  |  |  | XXXXXXX |  | 0.00% | Vision VMC LLC | A | XXXXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |

---

## Exhibit 99.8

**Exhibit 99.8**

![](ex99-8_001.jpg)

**EXECUTIVE SUMMARY**

**PRPM 2025-NQM4**

**<u>Description of the due diligence performed</u>**

**Overview of the assets that were reviewed**

Incenter Lender Services LLC, c/k/a Incenter Diligence Solutions ("Incenter Diligence"), performed an independent third-party due diligence review of 1 loan acquired by PRP-LB VI AIV, LLC (the "Client"). The review was performed from May 2025 through July 2025 using the scope of review described herein, which was agreed to at the time of review. The results of the review performed by Incenter Diligence only reflect information concerning the related loans on which such review was performed as of the date such review was performed based on the scope of review used as of the date such review was performed and not as of any subsequent date. Incenter Diligence has not subsequently performed any review with respect to the loans, and Incenter Diligence will not be required to complete or provide any additional, new, or refreshed review or results with respect to the loans.

**Sampling of assets**

Incenter Diligence follows the nationally recognized statistical rating organizations, NRSRO(s), criteria. For all originators, Incenter Diligence performed review on 100% of the loans. The loan population was 1 loan for an aggregate original principal balance of $826,725.00.

The review was conducted in accordance with the following NRSRO(s) Third Party Due Diligence Criteria:

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Identity of NRSRO** | &nbsp;&nbsp;**Title and Date of Criteria** |
| &nbsp;&nbsp;Moody's Investors Service | &nbsp;&nbsp;Rating Methodology: Residential Mortgage-Backed Securitizations, October 23, 2024 |

---

**Data integrity, review scope and methodology**

**Data Integrity –** Incenter Diligence performed a data integrity analysis by comparing the information in the loan file against the data tape supplied by the Client to ascertain accuracy and completeness. All discrepancies are reported on the Data Comparison Report

The data comparison consisted of the following data fields:

---

| |
|:---|
| &nbsp;&nbsp;**Data Compare Field Name** |
| &nbsp;&nbsp;ARM Interest Data |
| &nbsp;&nbsp;Amortization Term |
| &nbsp;&nbsp;Borrower 1 First Name |
| &nbsp;&nbsp;Borrower 1 Last Name |
| &nbsp;&nbsp;Borrower 2 First Name |
| &nbsp;&nbsp;Borrower 2 Last Name |
| &nbsp;&nbsp;Borrower 1 FTHB |
| &nbsp;&nbsp;Borrower 2 FTHB |
| &nbsp;&nbsp;Doc Type |
| &nbsp;&nbsp;First Payment Date |
| &nbsp;&nbsp;Interest Only Flag |

---

Page **1** of **17**

![](ex99-8_001.jpg)

---

| |
|:---|
| &nbsp;&nbsp;Lien Position |
| &nbsp;&nbsp;Loan Program |
| &nbsp;&nbsp;Loan Purpose |
| &nbsp;&nbsp;Loan Type |
| &nbsp;&nbsp;Maturity Date |
| &nbsp;&nbsp;Note Date |
| &nbsp;&nbsp;Number of Units |
| &nbsp;&nbsp;Occupancy |
| &nbsp;&nbsp;Original Interest Rate |
| &nbsp;&nbsp;Original Loan Amount |
| &nbsp;&nbsp;Original Loan Term |
| &nbsp;&nbsp;Original P&I |
| &nbsp;&nbsp;Originator DSCR |
| &nbsp;&nbsp;Prepayment Penalty |
| &nbsp;&nbsp;Property Address |
| &nbsp;&nbsp;Property City |
| &nbsp;&nbsp;Property State |
| &nbsp;&nbsp;Property Zip Code |
| &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;QM Designation |
| &nbsp;&nbsp;Qualifying Appraised Value |
| &nbsp;&nbsp;Qualifying CLTV |
| &nbsp;&nbsp;Qualifying FICO |
| &nbsp;&nbsp;Qualifying LTV |
| &nbsp;&nbsp;Qualifying Total DTI |
| &nbsp;&nbsp;Refinance Type |
| &nbsp;&nbsp;Sales Price |
| &nbsp;&nbsp;Subordinate Lien Amount |
| &nbsp;&nbsp;Underwriting Guideline Name |

---

**Underwriting Conformity (<u>Standard Residential Loans</u>)**

Incenter Diligence performed a complete review of all loan files, as supplied by the Client, to determine whether the loans were originated in accordance with the underwriting guidelines provided by the Client (which, for the avoidance of doubt, may be either the Client's or a third party's underwriting guidelines), eligibility requirements, Ability to Repay (ATR), Qualified Mortgage and Appendix Q requirements (where applicable), and applicable Policies & Procedures, noting any exceptions and compensating factors. The review included, where applicable, the following items:

**Conformance to Ability to Repay (ATR) standards** – Incenter Diligence reviewed each loan to validate that the underwriter correctly assessed the borrower's ability to repay based on employment and credit/repayment history, income and assets, projected monthly payment and current obligations, debt to income ratio, and other information provided to support ability to repay prior to originating the loan.

Page **2** of **17**

![](ex99-8_001.jpg)

**An evaluation of Qualified Mortgage and Appendix Q requirements, if applicable** – Based on the information provided, Incenter Diligence will review each loan to determine that it satisfies all requirements for a Qualified Mortgage, if designated as such, including an evaluation of points and fees, risk factors associated with the loan terms, re-calculation of debt to income and a review of all income and assets.

**Credit, Income, Assets and Employment**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Validate that the appropriate
employment and income documentation, such as pay stubs, tax transcripts, and bank statements, was provided and used to accurately qualify
the borrower according to guidelines. Recalculate the borrower's income and debt to determine the appropriate debt to income ratio
in accordance with the guidelines. Validate borrower's employment history and confirm that the appropriate income and assets were
used to qualify. Make a reasonable assessment of whether there are any indications that income documentation may be fraudulent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Validate that assets used to
qualify the borrower match the documentation in the file and the information used to calculate down payment, closing costs, and reserves
meet program guideline requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Review exceptions, compensating
factors and underwriter comments, if available.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Review program guidelines against
the loan approval for discrepancies such as:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Employment requirements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Income requirements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Asset requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Review the loan approval against
all supporting documentation and loan application to verify accuracy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F. Review the initial loan application
against the final loan application or other loan applications found in the file to validate the application was signed and properly completed
and to expose discrepancies.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G. Confirm that credit report(s)
and verification of mortgage or rental history, when required, have been provided for all borrowers/guarantors, are consistent with loan
approval, and meet guideline requirements. Verify whether any fraud alerts are listed on the credit reports and make a reasonable assessment
of whether the borrower's profile adheres to applicable guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;H. Review the loan file for inconsistencies
based on information derived from source documentation provided in the loan file, for the purposes of identifying misrepresentations contained
in the loan file, including with respect to occupancy and mortgage liabilities.

**Occupancy, Taxes, Title and Insurance**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Review source documents for
consistency with regard to subject property occupancy intent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Review the title report for
possible judgments and other liens that may have existed upon origination; verify chain of title, as required by guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Verify and validate the file
contains sufficient property insurance coverage as required by guidelines; confirm property insurance policy contains appropriate mortgagee
clause. For subject properties located in a Special Flood Hazard Area where flood insurance is required, verify and validate the file
contains sufficient flood insurance coverage as required by guidelines and that flood insurance policy contains appropriate mortgagee
clause.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Review property details on
appraisal including a review for ineligible properties.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Verify that Business Purpose
Affidavit and Occupancy Affidavit, if applicable, were executed by the borrowers/guarantors and confirm that document addresses are consistent
with subject property address and do not match the primary residence address.

Page **3** of **17**

![](ex99-8_001.jpg)

**Underwriting Conformity (<u>Business Purpose/DSCR</u>)**

For each loan, Incenter Diligence validated conformance to Client supplied and program requirements and noted any exceptions. Unless otherwise directed by the Client, no regulatory compliance review was performed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Validate Conformance to Product
Type and Eligibility

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Financing Terms

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Loan Product

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Seasoning

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Geographic Requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Loan Amount

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. LTV/CLTV

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Transaction Types: Verify Conformance
with Business Purpose Loan Requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Business Purpose Affidavit
– verify signed Borrower Statement of Business Purpose is present in the file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Non-Owner Occupancy –
verify Occupancy certification is present in the file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Validate that there is no information
in the loan that contradicts occupancy type

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Review Debt Service Coverage
Ratio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Review Cash Flow and Expense
Factor

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Review Hazard/Flood Insurance

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F. Review preliminary Title Report/Commitment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G. Credit Review

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Validate documentation requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Verify acceptable Residency
Status

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Review credit reports used
to qualify borrower, as well as consumer credit history/charge offs/collections, and cite any exceptions or unusual findings

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Evaluate credit scores and
tradelines against guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Evaluate other debt obligations
(alimony, child support, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. If required, verify that a
3rd party fraud report (DataVerify, etc.) is contained in the loan file and review findings to confirm all deficiencies were resolved

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Evaluate borrower's mortgage/rental
payment history using credit reports or other information supplied in the loan file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Verify that all judgements/liens/tax
liens have been satisfied

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Verify that any bankruptcy,
foreclosure or forbearance activity is in accordance with guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Perform a review of all asset
information supplied in the loan file against guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. Evaluate borrowers' asset
utilization and verify sufficient liquid assets to supplement income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. Perform a rental income analysis
using the information supplied in the loan file as per the guidelines

**Property Valuation Review (Standard Residential and Business Purpose/DSCR Loans)**

Incenter Diligence reviewed all loans to validate the original appraisal report was provided in the loan file and that it is substantially complete. The evaluation will include the following components:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Review the original appraisal
report to ensure the valuation was performed by a licensed appraiser and in accordance with guidelines,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Verify subject property type
meets applicable guidelines,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Note any exceptions to stated
value or appraisal guidelines,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Verify value used to calculate
LTV/CLTV and note any deviations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Verify that the loan and property
data within the appraisal report matches the loan documents.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F. Review the appraisal report
to ensure report value is "as is" or, if report is "subject to", that there is an associated completion report
resolving all noted issues, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G. Review additional valuation
products in the file; if there is a variance greater than 10% below the appraisal value, Client will be notified and an additional independent
valuation product will be obtained as requested.

Page **4** of **17**

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**Regulatory Compliance Review (Standard Residential Loans Only, Unless Otherwise Requested)**

Incenter Diligence's Regulatory Compliance analysis is intended to expose certain potential risk associated with the loans examined. It is strictly limited to the review scope outlined below and is based solely on the accuracy of the documentation and data supplied by the Client or other agreed upon third parties. The review findings are not guaranteed to encompass all critical elements related to the underwriting, origination or regulatory compliance status of the loans examined. Further, the findings are not to be construed as guidance on future indicators of positive or negative performance.

Incenter Diligence will perform a review of all loans supplied by the Client to verify all documentation provided is complete and complies with all applicable federal and state regulatory requirements, in addition to following the RMBS 4.0 TRID Compliance Review Scope published by the Structured Finance Industry Group (now the Structured Finance Association or "SFA") (the "SFIG Compliance Review Scope"), as amended from time to time, and the advice of outside counsel. As it relates to TILA-RESPA Integrated Disclosures ("TRID") testing, Incenter Diligence works with outside counsel on an ongoing basis to understand and interpret compliance regulations based on recent guidance by the Consumer Financial Protection Bureau (the "CFPB") that has created deviations in the TRID review scope and related exceptions/cures. The TRID-related review scope, outlined below and not performed for investment properties, will continue to be amended where appropriate as future guidance and rules are published. Incenter Diligence's conclusions are representative of best efforts to identify material risks and exceptions associated with each loan based on interpretation of the continually evolving regulations. Incenter Diligence maintains an active dialogue with outside counsel, Clients, Rating Agencies, SFA and other parties when interpreting compliance regulations and amending the review scope to accurately expose the risk associated with a loan. However, no guaranties can be made that the Review includes all areas of risk that may be present in the Transaction. In addition to the foregoing, Incenter Diligence utilizes nationally recognized integrated compliance analyzer tools.

Incenter Diligence does not employ personnel who are licensed to practice law in the various jurisdictions and the findings set forth in the reports prepared by Incenter Diligence do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Incenter Diligence. All final decisions as to whether to purchase or enter into a transaction related to any individual loan or the loans in the aggregate and any legal conclusions, including the potential liability related to the purchase or other transaction involving any such loan or loans, shall be made solely by the clients that have engaged Incenter Diligence to prepare their reports pursuant to their instructions and guidelines. Client acknowledges and agrees that the scoring models applied by Incenter Diligence are designed to identify potential risk and the Client assumes sole responsibility for determining the suitability of the information for its particular use.

Incenter Diligence reviews each loan to validate compliance with the following federal and state regulatory requirements, whenever applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.** **Truth In Lending Act - 12 CFR §1026 ("TILA")** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Federal
TILA

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Finance Charge Test (12 CFR
§1026.18(d)(1))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. It
is understated by no more than $100; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. It is greater than the amount
required to be disclosed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Rescission Finance Charge Test
(12 CFR §1026.23(h)(2)(i))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. It is understated by no more
than $35; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. It is greater than the amount
required to be disclosed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Rescission Total of Payments
Test ((12 CFR §1026.23(h)(2)(ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Is understated by no more than
$35; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Is greater than the amount
required to be disclosed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Foreclosure Rescission Finance
Charge and Total of Payments Tests (12 CFR §1026.23(h))

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. APR Test 12 CFR (§1026.22(a)(2),
(4))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The disclosed annual percentage
rate (APR) is considered accurate because it is not more than 1/8 of 1 percentage (for regular transactions) or 1/4 of 1 percentage (for
irregular transactions) point above or below the APR as determined in accordance with the actuarial method; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The disclosed APR results from
the disclosed finance charge, and the disclosed finance charge is considered accurate under §1026.18(d)(1) (the finance charge test),
or for purposes of rescission the disclosed finance charge is considered accurate under §1026.23(g) or (h) (the rescission finance
charge test or the foreclosure rescission finance charge test), whichever applies

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Right of Rescission Test (12
CFR §1026.23(a)(3), §1026.15(a)(3))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The funding date is not before
the third business day following consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The consumer may exercise the
right to rescind until midnight of the third business day following consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Validate Right of Rescission
Notice was provided, and the correct form was used

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Dual Broker Compensation Test
(12 CFR §1026.36(d)(2))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If any loan originator receives
compensation directly from a consumer in a consumer credit transaction secured by a dwelling, no loan originator shall receive compensation,
directly or indirectly, from any other person other than the consumer in connection with the transaction for loan origination activities

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Loan Originator Credits Test
(12 C.F.R. §1026.36(d)(1))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Test that the initial disclosure
(GFE/TIL/LE) does not contain any broker fees paid by the broker

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Financing of Single Premium
Credit Insurance Test (12 CFR §1026.36 (i))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A creditor may not finance,
directly or indirectly, any premiums or fees for credit insurance in connection with a consumer credit transaction secured by a dwelling
(including a home equity line of credit secured by the consumer's principal dwelling)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. TIL Disclosure (Pre-TRID)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. TIL Disclosure Date Test (12
CFR §1026.17(b),1026.19(a))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The loan is a mortgage transaction
subject to the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) that is secured by the consumer's dwelling; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The initial TIL disclosure
date is not 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 receives the consumer's written application; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. The initial TIL disclosure
date is not later than the seventh business day (counting all calendar days except Sunday and specified legal public holidays) before
consummation of the transaction, or the application date of the loan is before July 30, 2009; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. The loan is a "residential
mortgage transaction" subject to the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. The initial TIL disclosure
date is before consummation or three business days after the creditor receives the consumer's written application, whichever is earlier;
and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Test the final TIL disclosure
and any re-disclosed TIL(s); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. The final TIL disclosure is
properly executed; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. The final TIL disclosure and
any re-disclosed TIL(s) is properly completed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. TILA RESPA Integrated Disclosures
(TRID)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Initial Loan Estimate Delivery
Date Test (from application) (12 CFR §1026.19(e)(1)(iii)(A))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The 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

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Initial Loan Estimate Delivery
Date Test (prior to consummation) (12 CFR §1026.19(e)(1)(iii)(B))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The creditor shall deliver
or place in the mail the disclosures required under §1026.19(e)(1)(e)(1)(i) (provision of loan estimate form) not later than the
seventh business day before consummation of the transaction

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Loan Estimate (12 CFR §1026.19
and 37)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Verify applicable sections
of the disclosure determined to carry assignee liability were accurately completed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Verify final Loan Estimate
was provided to borrower prior to the Closing Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Written List of Service Providers
(SSPL) Disclosure Date Test (12 CFR §1026.19(e)(1)(vi))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If the consumer is permitted
to shop for a settlement service, the creditor shall provide the consumer with a written list identifying available providers of that
settlement service and stating that the consumer may choose a different provider for that service. The creditor must identify at least
one available provider for each settlement service for which the consumer is permitted to shop. The creditor shall provide this written
list of settlement service providers separately from the disclosures required by §1026.19(e)(1)(e)(1)(i) but in accordance with the
timing requirements in §1026.19(e)(1)(e)(1)(iii)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Revised Loan Estimate Delivery
Date Test (prior to consummation) (12 CFR §1026.19(e)(4)(ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The 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 under §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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Valid Change of Circumstances
Test

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The changed circumstance(s)
form was provided and the reason for re-disclosure is:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Changed circumstance affecting
settlement charges; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Changed circumstance affecting
eligibility; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Revisions requested by the
consumer; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Expiration of initial loan
estimate; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Delayed settlement date on
a construction loan for new construction transactions only; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. The date the rate was set was
not provided and interest rate dependent charges change once the interest rate is locked; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. The reason for re-disclosure
is "Decrease in charges affecting settlement or eligibility, a consumer-requested revision, or other non-tolerance-related re-disclosure;"
or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. The initial loan estimate was
not delivered timely

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Initial Closing Disclosure
Delivery Date Test (12 CFR §1026.19(f)(1)(ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The creditor shall ensure that
the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Closing Disclosure Test (12
CFR §1026.19 and 38)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Verify applicable sections
of the disclosure determined to carry assignee liability were accurately completed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Revised Closing Disclosure
Delivery Date Test (waiting period vs. no waiting period required) (12
CFR §1026.19(f)(2)(i) & (ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If the disclosures provided
under §1026.19(f)(1)(i) become inaccurate before consummation, the creditor shall provide corrected disclosures reflecting any changed
terms to the consumer so that the consumer receives the corrected disclosures at or before consummation

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. If the consumer determines
that the extension of credit is needed to meet a bona fide personal financial emergency, the consumer may modify or waive the three-business-day
waiting period for the revised closing disclosure after receiving the disclosures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. TRID Tolerance Testing - Charges
That Cannot Increase Test (12 CFR §1026.19(e)(3)(i))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. 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)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. TRID Tolerance Testing - Charges
That in Total Cannot Increase More Than 10% Test (12 CFR §1026.19(e)(3)(ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The 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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;l. TRID Tolerance Testing - Lender
Credits That Cannot Decrease Test (12 CFR §1026.19(e)(3)(i))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. 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)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;m. TRID Reimbursement Amount Test
(12 CFR §1026.19(f)(2)(v))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Refunds related to the good
faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies
with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;n. TRID Reimbursement Date Test
(12 CFR §1026.19(f)(2)(v))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Refunds related to the good
faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies
with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o. Disclosure of Escrow Account
(§1026.38(l)(7))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If the loan indicates an escrow
account will be established

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Verify all amounts disclosed
in the Projected Payments Table are accurate (§1026.38(c); §1026.37(c))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verify all amounts disclosed
in the Estimated Taxes, Insurance and Assessments (ETIA) are accurate (§1026.37(c)(4),(5))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Verify all amounts disclosed
in Section G – Initial Escrow Payment and Closing are accurate (§1026.37(g)(3))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Verify all amounts disclosed
in the Escrow Account Section are accurate (§1026.38(l)(7))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. If the loan indicates an escrow
account will not be established

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Verify all amounts disclosed
in the Projected Payments Table are accurate (§1026.38(c); (§1026.37(c))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verify all amounts disclosed
in the Estimated Taxes, Insurance and Assessments (ETIA) are accurate (§1026.37(c)(4), (5))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Verify all amounts disclosed
in the Escrow Account Section are accurate (§1026.38(l)(7))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;p. Disclosure of Seller Paid Closing
Costs (§1026.38(t)(5)(v)(B))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. In transactions involving a
seller, validate whether the lender disclosed all costs being paid by the seller on the borrowers Closing Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. If seller paid fees are present
on the borrower's Closing Disclosure, review the seller's Closing Disclosure or alternative documentation for accuracy of
disclosure

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;q. Post-consummation Event and
Revised Closing Disclosure Delivery Date Test

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The post-consummation revised
closing disclosure delivery date is not more than 60 calendar days after the consummation date, or closing / settlement date if no consummation
date was provided; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The provided reimbursement
date is not more than 60 calendar days after the consummation date, or closing / settlement date if no consummation date was provided

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;r. Non-numeric Clerical Error
and Post-consummation Revised Closing Disclosure Delivery Date Test (12 CFR §1026.19(f)(2)(iv))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A creditor does not violate
§1026.19(f)(1)(i) if the disclosures provided under §1026.19(f)(1)(i) contain non-numeric clerical errors, provided the creditor
delivers or places in the mail corrected disclosures no later than 60 days after consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;s. Loan Calculation Test on the
Closing Disclosure (12 CFR §1026.38))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Finance Charge

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Amount Financed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Total of Payments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Total Interest Percentage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Qualified Mortgage / Ability
To Repay – Dodd Frank

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Classification of QM designated
loan

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Validate whether the mortgage
loan is a Safe Harbor QM or Higher Priced QM by comparing the mortgage loan's actual annual percentage rate, as recalculated, to
the applicable average prime offer rate plus a certain applicable percentage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Determination of conformity
thresholds (Safe Harbor or Rebuttable Presumption)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Negative Amortization Loan
(12 CFR 1026.43(e)(2)(i)(A))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A qualified mortgage is a covered
transaction that provides for regular periodic payments that are substantially equal, except for the effect that any interest rate change
after consummation has on the payment in the case of an adjustable-rate or step-rate mortgage, that does not result in an increase of
the principal balance

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Interest Only Loan (12 CFR
1026.43(e)(2)(i)(B))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A qualified mortgage is a covered
transaction that provides for regular periodic payments that are substantially equal, except for the effect that any interest rate change
after consummation has on the payment in the case of an adjustable-rate or step-rate mortgage, that does not allow the consumer to defer
repayment of principal

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Balloon Payment Loan (12 CFR
1026.43(e)(2)(i)(C))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A qualified mortgage is a covered
transaction that provides for regular periodic payments that are substantially equal, except for the effect that any interest rate change
after consummation has on the payment in the case of an adjustable-rate or step-rate mortgage, that does not result in a balloon payment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Loan Term (12 CFR 1026.43(e)(2)(iii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A qualified mortgage is a covered
transaction for which the loan term does not exceed 30 years

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Points and Fees (12 CFR §1026.43(e)(3))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Points and fees do not exceed
the qualified mortgage points and fees threshold

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. DTI (12 CFR §1026.43(e)(2)(vi))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The ratio of the consumer's
total monthly debt to total monthly income at the time of consummation does not exceed 43 percent, calculated in accordance with Appendix
Q

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. For Fannie Mae and Freddie Mac, however, the revised QM rules become mandatory
on July 1, 2021, meaning that the QM Patch effectively terminates on July 1, 2021—and that all loans sold to Fannie and Freddie
must comply with the revised QM rules, effective July 1, 2021.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. (iv) For creditors not selling loans to Fannie Mae and/or Freddie Mac, loans
underwritten from March 1, 2021 until October 1, 2022 will continue to apply the legacy QM rules; however, commencing July 1, 2021, legacy
QM loans must be underwritten to Appendix Q and NOT to the QM Patch.

Stated another way, since the FHFA terminated the QM Patch, loans underwritten to the QM Patch after July 1 are no longer eligible for sale to the GSEs, and in effect, the QM Patch disappeared after that date, notwithstanding the CFPB's intent for it to continue until October 1, 2022. Hence, for non-agency loans, underwritten between July 1, 2021 and October 1, 2022, legacy QM loans must be underwritten in accordance with Appendix Q.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Client is required to advise
regarding which application of QM/DTI or QM/APR rule for loans with application dates between 03/01/2021 and 10/01/2022 for the proper
evaluation of QM.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Loans underwritten after 10/1/2022
will be reviewed following the revised QM (QM 2.0) rules,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. APR (12 CFR §1026.43(e)(2)(vi))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The loan APR is not to exceed
the APOR plus percentage threshold, calculated according to 12 CFR §1026.43(e)(2)(vi). With a QM/APR optional test period for loans
with application dates between 03/01/2021 and 10/01/2022 and mandatory compliance and testing for loans after 10/01/2022.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. The APR on the loan does not exceed the threshold for the loan amount:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. For a first-lien loan with a loan amount greater than or equal to $110,260
(indexed for inflation), 2.25 or more percentage points;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. For a first-lien loan with a loan amount greater than or equal to $66,156
(indexed for inflation), but less than $110,260 (indexed for inflation), 3.5 or more percentage points;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. For a first lien loan with a loan amount less than $66,156 (indexed for
inflation), 6.5 or more percentage points;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. For a subordinate-lien loan with a loan amount great than or equal to $66,156
(indexed for inflation), 3.5 or more percentage points; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. For a subordinate-lien loan with a loan amount less than $66,156 (indexed
for inflation), 6.5 or more percentage points.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Revised QM (QM 2.0)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. QM/DTI test will cease as of
application dates on or after 10/01/2022

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. In addition to the Generally
Applicable Factors above, all Revised QM loans must meet the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Monthly Payment. The amount of the monthly payment on the loan is calculated
using the maximum rate that may apply during the first five years and considers the monthly payment for simultaneous loans and mortgage
obligations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Consider and Verify. The creditor considers and verifies the consumer's
current or expected income and assets and debt and his DTI or residual income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. As part of the "consider" requirement, Incenter Diligence will
review the (i) creditor's policies and procedures provided by Client, as well as any exceptions thereto, for how the creditor takes
into account the underwriting factors enumerated above, and (ii) the documentation retained by creditor, such as an underwriting worksheet
or a final automated underwriting system certification, showing how the creditor took these factors into account in its ability-to-repay
determination.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Consider and Verify Safe Harbor (VSH). Creditor is deemed to have complied
with this "verify" requirement if it complies with the verification standards in one or more of these following agency manuals:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Chapters B3-3 through B3-6 of the Fannie Mae Single Family Selling Guide,
published June 3, 2020 including all subsequent updates; Sections 5102 through 5500 of the Freddie Mac Single-Family Seller/Servicer Guide,
published June 10, 2020 including all subsequent updates;

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Chapter 4 of the U.S. Department of Veterans Affairs' Lenders Handbook,
revised February 22, 2019 including all subsequent updates;

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;l. For purposes of compliance with VSH, a creditor must comply with only those
provisions in the manuals that require creditors to verify income, assets, debt obligations, alimony and child support using specified
documents or to classify and count particular inflows, property, and obligations as income, assets, debt obligations, alimony, and child
support.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;m. Revised versions of manuals. A creditor also complies with the verification
safe harbor where it complies with revised versions of the manuals listed above provided that the two versions are "substantially
similar".

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;n. The QM 2.0 Rule permits the creditor to "mix and match" verification
standards from different agency manuals. Incenter Diligence will test the creditor's "verification" of third- party
records in instances when the creditor either uses (i) its own procedures or alternatively, (ii) the verification standards of one or
more of the agency handbooks listed above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o. Note: the Client must provide written policies and procedures and related
documentation such as underwriter worksheets in order for Incenter Diligence to review loans under the QM 2.0 Rules, and in particular,
with regard to the "consider" and "verify" requirements. Further, if the Client intends to use the VSH, its written
policies and procedures must specify the precise agency handbook(s) that it is relying on with specific references to the particular provisions
addressing income, assets, debt obligations, alimony and child support using specified documents or to classify and count particular inflows,
property, and obligations as income, assets, debt obligations, alimony, and child support—as well as the specific date(s) of the
agency handbook(s) issuance, publication or revision. In addition, Incenter Diligence is not responsible for determining whether revised
versions of the manuals listed above are "substantially similar" for purposes of the VSH; such a determination of the sole
responsibility of the Client.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;p. Note: due to the inherent subjectivity of the foregoing "consider"
and "verify" requirements, Incenter Diligence will review the Client's: (i) policies and procedures and worksheets and
(ii) methods and criteria for verification of income and assets (regardless of whether the "safe harbor" is utilized) for
content only, and will not opine whether such policies and procedures, worksheets and verification methods and criteria themselves comply
with applicable law, and cannot guarantee that a court, governmental regulator, rating agency or another third party diligence provider
would reach the same conclusions using such work product.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Prepayment Penalty (12 CFR
1026.43(g))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. A covered transaction must
not include a prepayment penalty unless:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The prepayment penalty is otherwise
permitted by law; and the transaction:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Has an annual percentage rate
that cannot increase after consummation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Is a qualified mortgage under
paragraph (e)(2), (e)(4), or (f) of this section; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Is not a Higher Priced Mortgage
Loan, as defined in § 1026.35(a)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Home Ownership and Equity Protection
Act – HOEPA (Sections 32)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Federal HOEPA coverage (12
CFR §1026.32(a)(1)(i), (ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Tests that the loan is/is not
secured by the consumer's principal dwelling; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Tests that the loan is/ is
not an open-end credit plan; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. That the application date of
the loan occurs before/after the effective date of October 1, 1995; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. That the date the creditor
received application occurs on or after January 10, 2014, the effective date of the High-Cost Mortgage amendments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. High-Cost Mortgage APR threshold
test (12 CFR §1026.32(a)(1)(i)(A), (C))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The loan is secured by a first-lien
transaction, and the annual percentage rate (APR) does not exceed the Average Prime Offer Rate by more than 6.5%; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The loan is a subordinate-lien
transaction, and the annual percentage rate (APR), does not exceed the Average Prime Offer Rate by more than 8.5%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. High-Cost Mortgage Points and
Fees Threshold Test (12 CFR §1026.32(a)(1)(ii)(A), (B))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The total points and fees do
not exceed allowable limits per the given loan amount

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. High-Cost Mortgage Prepayment
Penalty Threshold Test (12 CFR §1026.32(a)(1)(iii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The loan contract or open-end
credit agreement does not allow the creditor to charge:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. A prepayment penalty more than
36 months after consummation or account opening; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Prepayment penalties that can
exceed, in total, more than 2 percent of the amount prepaid

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. High-Cost Mortgage (12 CFR
§1026.32(a)(1))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. High-Cost Mortgage Repayment
Ability Test (12
CFR §1026.34(a)(4), 1026.43)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Other high-costs tests pursuant
to (12 CFR §1026.32(a)(1))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Timing of disclosures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Balloon payment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Negative amortization

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Prepayment penalty

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Pre-loan counseling

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Late charges

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. Grace period

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Financing of points and fees

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Higher Priced Mortgage Loan
– HMPL (12 CFR §1026.35)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Higher Priced Mortgage Loan
tests (12 CFR §1026.35(a))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Higher Priced Mortgage Loan
required escrow account test (12 CFR §1026.35(b))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Higher Priced Mortgage Loan
required appraisal test (12 CFR §1026.35(c))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Prohibited Acts – Brokers
Comp

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Broker Compensation Test (12
CFR §1026.36(d)(2)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If any loan originator receives
compensation directly from a consumer in a consumer credit transaction secured by a dwelling:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. No loan originator shall receive
compensation, directly or indirectly, from any person other than the consumer in connection with the transaction; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. No person who knows or has
reason to know of the consumer-paid compensation to the loan originator (other than the consumer) shall pay any compensation to a loan
originator, directly or indirectly, in connection with the transaction

Page **12** of **17**

![](ex99-8_001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Nationwide Mortgage Licensing
System (NMLS) Tests (12 CFR §1026.36)

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. verify the data against the
NMLSR database, as available

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.** **Real Estate Settlement Procedures Act – 12 CFR §1024 ("RESPA")** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Federal RESPA

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Homeownership Counseling Organizations
Disclosure Date Test (12 CFR §1024.20(a))

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Good Faith Estimate Disclosure
Test (12 CFR §1024.7)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Not later than 3 business days
after a loan originator (broker or lender) receives an application for a federally related mortgage loan, or information sufficient to
complete an application, the loan originator must provide the applicant with a GFE

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Good Faith Estimate Disallowed
Credit and Charge test (GFE Block 2)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Looks for any amounts entered
for both a loan discount fee and a yield spread premium or a lender credit

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Only one charge or one credit
affecting the interest rate is allowed under the new RESPA regulations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C.** **Equal Credit Opportunity Act – 12 CFR §1002 ("ECOA")** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. ECOA Valuation Rule (12 CFR
§1002.14(a)(1))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review all applicable loans
for the Disclosure of Right to Receive a Copy of Appraisals. Validate if the customer(s) waived their right to receive copies of their
appraisals three business days prior to consummation/account opening

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Review all applicable loans
for proof that lender delivered copies of appraisals and other written valuations three business days before consummation (closed-end),
or account opening (open-end)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. If the customer(s) waived their
right to receive copies of their appraisals three business days prior to consummation/account opening, review the Post-Closing submission
for an Acknowledgment of Receipt of Appraisal Report, or other proof that the lender provided the copies either at, or prior to, consummation
or account opening

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**D.** **State Specific tests (varies by state and applicability, but at a minimum includes);** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Consumer / Home Loan tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. High-cost tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Higher Priced Mortgage Loan
tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. APR threshold tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Points and fees threshold tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Covered loan tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Negative Amortization tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Prepayment tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. Texas Home Equity Loans

Page **13** of **17**

![](ex99-8_001.jpg)

**Document Review**

Incenter Diligence reviewed all mortgage loan files supplied and verified that the following documents, if applicable, were included in the file and that the data on the documents was consistent:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Initial Application (1003)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Final Application (1003)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Loan Approval (1008)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· HUD1 from Sale of Previous
Residence

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Loan Estimates and Closing
Disclosures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Sales Contract

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Note

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Guaranty Agreement

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Occupancy Affidavit

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Lease Agreements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Business Purpose Affidavit

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Junior Lien Information

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Subordination Agreement

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Income Documentation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Employment Documentation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Asset Documentation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Credit Reports

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 4506T/Tax Documentation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Change of Circumstance Documentation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Disclosures: Right of Rescission,
Net Tangible Benefit and FACTA

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Appraisal Valuation Reports

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Title/Preliminary Title

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Flood and Hazard Insurance
Policies

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Flood Certificates

**Other review and methodology**

Not applicable.

Page **14** of **17**

![](ex99-8_001.jpg)

**<u>Summary of findings and conclusions of review</u>**

Below provides the summary of the review findings:

**Final Overall Grade Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100.00%** |

---

**Credit Grade Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100.00%** |

---

**Compliance Grade Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100.00%** |

---

**Property Grade Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**100.00%** |

---

Page **15** of **17**

![](ex99-8_001.jpg)

**Exception Summary**

Below provides a summary of the individual exceptions based on the general categories of Credit, Compliance,

and Property.

\* Loan was not delivered to the reviewer or the file is not sufficiently complete to perform the basic review.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Credit Exception Categories** | &nbsp;&nbsp;**Exception Count** | &nbsp;&nbsp; **Credit** <br> **Grade A** | &nbsp;&nbsp; **Credit** <br> **Grade B** | &nbsp;&nbsp; **Credit** <br> **Grade C** | &nbsp;&nbsp; **Credit** <br> **Grade D \*** |
| &nbsp;&nbsp;Assets | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Borrower | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Closing | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Data | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Debt | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Eligibility | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Income/Employment | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Insurance | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Missing Doc | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;QM-ATR | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Title | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Compliance Exception <br> Categories** | &nbsp;&nbsp;**Exception Count** | &nbsp;&nbsp;**Compliance <br> Grade A** | &nbsp;&nbsp;**Compliance <br> Grade B** | &nbsp;&nbsp;**Compliance <br> Grade C** | &nbsp;&nbsp;**Compliance <br> Grade D \*** |
| &nbsp;&nbsp;Ability to Repay | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Closing | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Data | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Disclosure | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Documentation | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Fees | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Missing Doc | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Points & Fees | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;QM-ATR | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Right to Rescind | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;State Reg | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;TRID | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Property Exception <br> Categories** | &nbsp;&nbsp;**Exception Count** | &nbsp;&nbsp; **Property<br> Grade A** | &nbsp;&nbsp;**Property <br> Grade B** | &nbsp;&nbsp; **Property<br> Grade C** | &nbsp;&nbsp; **Property<br> Grade D \*** |
| &nbsp;&nbsp;Appraisal | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Data | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Missing Doc | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Property Issue | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** |

---

Page **16** of **17**

![](ex99-8_001.jpg)

**Data Integrity Summary**

The table below provides a summary of the data compare results:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Data Compare Field Name** | &nbsp;&nbsp;**# of Discrepancies** | &nbsp;&nbsp;**% of Accuracy** |
| &nbsp;&nbsp;ARM Interest Data | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 FTHB | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 FTHB | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Number of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Original Loan Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Originator DSCR | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Prepayment Penalty | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property City | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property State | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;QM Designation | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying Appraised Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying Total DTI | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Refinance Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Subordinate Lien Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Underwriting Guideline Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**94.59%** |

---

Page **17** of **17**

## Exhibit 99.8

**Exhibit 99.8 Schedule 1**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| TPR Firm: | ![](ex99-8sch1_001.jpg) | ![](ex99-8sch1_001.jpg) | Report Date: | 8/18/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Client Name: | PRP-LB VI AIV, LLC | PRP-LB VI AIV, LLC | Report: | Exception Report |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Deal Name: | PRPM 2025-NQM4 | PRPM 2025-NQM4 | Loans in report: | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Overall Initial Loan Grade** | **Overall Final Loan Grade** | **Credit Initial Loan Grade** | **Credit Current/Final Loan Grade** | **Compliance Initial Loan Grade** | **Compliance Current/Final Loan Grade** | **Property Initial Loan Grade** | **Property Current/Final Loan Grade** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Initial Finding Grade** | **Current/Final Finding Grade** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** |
| XXX | 1996170 |  |  | D | B | D | B | A | A | A | A | Closed | FCRE1193 | 2025-05-29 12:37 | 2025-07-18 16:53 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-07/18/2025 <br> Ready for Review-Document Uploaded. - Seller-07/18/2025 <br> Counter-Pushed back to Client to upload additional documentation. - Due Diligence Vendor-07/07/2025 <br> Ready for Review-Document Uploaded. We show this mortgage is being counted in the DTI already - Buyer-06/30/2025 <br> Counter-Exception approval received for Master policy. However, Audited DTI of XXX% still exceeds Guideline DTI of 43%. Lenders DTI is XXX%, however does not include the mortgage payment of $XXX for XXX. Mortgage payment of $XXX plus $XXX HOA Dues equals total negative rental amount of -$XXX. resulting in a DTI of XXX%. - Due Diligence Vendor-06/18/2025 <br> Ready for Review-Document Uploaded. Please find exception uploaded, thank you. - Buyer-06/17/2025 <br> Counter-Documentation received, however insufficient to clear condition. Missing Master policy for property located at XXX to support Walls In coverage. - Due Diligence Vendor-06/04/2025 <br> Ready for Review-Document Uploaded. Added HOA dues. DTI now XXX% See updated URLA, 1008, Mtg stmt was already added in the DTI. - Seller-06/04/2025 <br> Open-Audited DTI of XXX% exceeds Guideline DTI of 43% Lenders DTI is XXX% however the DTI is XXX% which exceeds the guideline max DTI of 43%. Lender did not hit the borrower with the mortgage payment + HOA dues ($XXX + $XXX) for XXX which is a total amount of -$XXX. - Due Diligence Vendor-05/29/2025 | Ready for Review-Document Uploaded. - Seller-07/18/2025 <br> Ready for Review-Document Uploaded. Added HOA dues. DTI now XXX% See updated URLA, 1008, Mtg stmt was already added in the DTI. - Seller-06/04/2025 | Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-07/18/2025<br>| Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 620.<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 3 months | 1) XXX months of reserves are greater than 3 month minimum<br> 2) 0x30x12 mortgage history | Updated URLA.pdf<br> Updated 1008.pdf<br> Mortgage Statement - XXX - See pg 2 for the HOA.pdf<br> Exception approval.jpg<br> Liability is counted.pdf<br> Exception approval.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Purchase | NA | Originator Post-Close | Yes |
| XXX | 1996170 |  |  | D | B | D | B | A | A | A | A | Closed | FCRE7497 | 2025-05-29 12:45 | 2025-06-04 16:09 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received HOA Statement for XXX. - Due Diligence Vendor-06/04/2025 <br> Ready for Review-Document Uploaded. See page 2 of the mortgage statement for the HOA data - Buyer-06/04/2025 <br> Open-Missing HOA bill for XXX. Subject to recalculation of DTI upon receipt. - Due Diligence Vendor-05/29/2025 |  | Resolved-Received HOA Statement for XXXX. - Due Diligence Vendor-06/04/2025 | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 620.<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 3 months |  | Mortgage Statement - XXX - See pg 2 for the HOA.pdf<br> Updated URLA.pdf<br> Updated 1008.pdf<br> Liabilities.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Purchase | NA | N/A | N/A |

---

## Exhibit 99.8

**Exhibit 99.8 Schedule 2**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| TPR Firm: | ![](ex99-8sch2_001.jpg) | ![](ex99-8sch2_001.jpg) | Report Date: | 8/18/2025 |  |  |  |  |
| Client Name: | PRP-LB VI AIV, LLC | PRP-LB VI AIV, LLC | Report: | Final Tape Compare |  |  |  |  |
| Deal Name: | PRPM 2025-NQM4 | PRPM 2025-NQM4 | Loans in report: | 1 |  |  |  |  |
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **System Source** | **Reviewer Data** | **Tape Data** |
| XXX | 1996170 |  |  | XXX | Occupancy | the1003Page | Primary Residence | PrimaryResidence |
| XXX | 1996170 |  |  | XXX | QM Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX |

---

## Exhibit 99.8

**Exhibit 99.8 Schedule 3**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| TPR Firm: | ![](ex99-8sch3_001.jpg) | ![](ex99-8sch3_001.jpg) | Report Date: | 8/18/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Client Name: | PRP-LB VI AIV, LLC | PRP-LB VI AIV, LLC | Report: | QM ATR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Deal Name: | PRPM 2025-NQM4 | PRPM 2025-NQM4 | Loans in report: | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Lender Application Date** | **Originator QM Status** | **Final QM Status** | **Originator QM Status Difference than Final QM Status?** | **Reason Why NonQM Final Status** | **APR Pricing Threshold Exceeded?** | **QM DTI Threshold Exceeded?** | **Higher Priced Mortgage Loan (HPML)?** | **Negatively Amortizing Loan?** | **Principal Deferment?** | **Interest Only Flag?** | **Prepayment Penalty?** | **Balloon Flag?** | **Adjustable Rate Balloon?** | **Loan Term Less Than 5 Years?** | **QM Points and Fees Threshold Exceeded?** | **QM Total Points and Fees** | **APR** | **ATR: Qualifying Payment Properly Considered?** | **ATR: Current Employment/Self-Employment Verified?** | **ATR: Balloon Qualifying Payment Properly Considered?** | **ATR: Reasonable Income or Assets Considered?** | **ATR: Subject PITIA Adequately Documented?** | **ATR: All Liabilities Including Alimony and Child Support in DTI?** | **ATR: Simultaneous Loan Calculated Properly** | **ATR: Credit History was Considered Properly?** | **ATR: Did Lender Document All ATR Factors?** | **ATR: Was an ATR/QM Residual Income Analysis Provided?** | **Residual Income** | **Residual Income Meets Guidelines?** | **Borrower 1 Employment Indicator** | **Borrower 2 Employment Indicator** | **Borrower 1 Foreign National Indicator** | **Borrower 2 Foreign National Indicator** | **Business Purpose Loan?** | **Business Purpose Verified?** |
| XXX | 1996170 |  |  | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Yes | Yes | Yes | No | No | No | No | No | No | No | Yes |  |  | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | No |  | No |  |

---

## Exhibit 99.8

**Exhibit 99.8 Schedule 4**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| TPR Firm: | ![](ex99-8sch4_001.jpg) | ![](ex99-8sch4_001.jpg) | Report Date: | 8/18/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Client Name: | PRP-LB VI AIV, LLC | PRP-LB VI AIV, LLC | Report: | Rating Agency Grades |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Deal Name: | PRPM 2025-NQM4 | PRPM 2025-NQM4 | Loans in report: | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  |  | **INITIAL CREDIT GRADES** | **INITIAL CREDIT GRADES** | **INITIAL CREDIT GRADES** | **INITIAL CREDIT GRADES** | **INITIAL CREDIT GRADES** | **INITIAL COMPLIANCE GRADES** | **INITIAL COMPLIANCE GRADES** | **INITIAL COMPLIANCE GRADES** | **INITIAL COMPLIANCE GRADES** | **INITIAL COMPLIANCE GRADES** | **INITIAL PROPERTY GRADES** | **INITIAL PROPERTY GRADES** | **INITIAL PROPERTY GRADES** | **INITIAL PROPERTY GRADES** | **INITIAL PROPERTY GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **FINAL CREDIT GRADES** | **FINAL CREDIT GRADES** | **FINAL CREDIT GRADES** | **FINAL CREDIT GRADES** | **FINAL CREDIT GRADES** | **FINAL COMPLIANCE GRADES** | **FINAL COMPLIANCE GRADES** | **FINAL COMPLIANCE GRADES** | **FINAL COMPLIANCE GRADES** | **FINAL COMPLIANCE GRADES** | **FINAL PROPERTY GRADES** | **FINAL PROPERTY GRADES** | **FINAL PROPERTY GRADES** | **FINAL PROPERTY GRADES** | **FINAL PROPERTY GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** |
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moodys** | **S&P** |
| XXX | 1996170 |  |  | XXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |

---

## Exhibit 99.8

**Exhibit 99.8 Schedule 5**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| TPR Firm: | ![](ex99-8sch5_001.jpg) | ![](ex99-8sch5_001.jpg) | Report Date: | 8/18/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Client Name: | PRP-LB VI AIV, LLC | PRP-LB VI AIV, LLC | Report: | Valuation Summary |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Deal Name: | PRPM 2025-NQM4 | PRPM 2025-NQM4 | Loans in report: | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Eligible for Rep-Warr Relief per Loan Collateral Advisor** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** | **Primary Appraiser License** | **Primary Appraiser Name** | **Appraiser Company Name** | **Completion Report (1004D) Date** |
| XXX | 1996170 |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | 0 | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible |  |  | XXX | XXX | XXX |  |

---

## Exhibit 99.9

**Exhibit 99.9**

**Executive Summary**

PRPM 2025-NQM4

**Overview**

Maxwell Diligence Solutions, LLC ("MaxDiligence") performed certain due diligence services (the "Review") described below on residential mortgage loans acquired by PRP-LB VI AIV, LLC. The Review was conducted from May 2025 to June 2025 on mortgage loans originated between February 2025 and May 2025.

The Review consisted of 100% of the population of 42 loans with an original loan balance of $23,368,879.00.

**Scope of Review**

**Credit Review**

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

The credit review will include the following (collectively, the "Credit Review"):

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Review AUS Decision and Approval Conditions</u> 

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Validation of income calculations

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Validation of DTI calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Validation of LTV calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Validation of payment shock calculations if applicable

![](ex99-9_001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. DSCR Loans

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Review of Hazard coverage and verification that sufficient coverage was
in place on subject and all premiums were included in DSCR

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Mortgage Insurance Certificate was in file, if applicable, and coverage
was sufficient, and premium was included in DSCR

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Review of Rental income and /or market rents and validation of DSCR calculation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Review Occupancy/Red Flags</u> 

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Occupancy is supported

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Red Flags adequately addressed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Reverification of Borrower Original and Audit Credit Report</u> 

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Validate credit inquiries within 90 days have been properly addressed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Acceptable credit history and credit score requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Reviews Fraud Report to compare vs loan documentation:</u> 

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Reveals any potential bankruptcy filings

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Review of Borrower Employment, Income, and Asset Information</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Compare for conflicting information

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Complete forms and documentation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Evaluate history and stability of employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Review employment and income by analyzing income documents and comparing
against re-verification documents

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. W-2s and Paystubs, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Transcripts (as applicable) support income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Tax Returns and Profit and Loss Statements, as applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Bank Statements or other Alternate Income documents as required by the guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Consistent/Continuing Employment, if applicable

![](ex99-9_001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Assets

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Sufficient funds were sourced and seasoned

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Gift funds verified and met guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>Review Sales Contract</u> 

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>Mortgage Insurance (if applicable)</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Certificate in file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Sufficient Coverage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Premium indicated and included in DTI

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Review Title Commitment/Policy</u> 

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. <u>Review Closing Documents</u> 

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Closing Disclosure

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

![](ex99-9_001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. <u>Qualified Mortgage / Ability-to-Repay Review</u> 

Loans with application dates after January 10, 2014 are subject to the Qualified Mortgage ("QM") rule and the Ability to Repay ("ATR") rule under Regulation Z – the Truth in Lending Act. For these Loans, MaxDiligence will (a) Confirm that the originator/aggregator provided a QM designation, and (b) review the Loan for the eight (8) Key Underwriting Factors below that are required pursuant to the ATR rule.

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

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

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

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

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

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

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

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

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

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

![](ex99-9_001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. For each QM designated mortgage loan that does not satisfy the applicable
requirements enumerated above, MaxDiligence then determines whether the mortgage loan complies with the ATR rule consideration and verification
requirements, as defined within the applicable underwriting guidelines, and provides a due diligence designation of Non-QM indicating
compliant, ATR risk indicating it may not be compliant, or ATR Fail, indicating it is non-compliant.

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

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

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

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

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

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

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

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

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

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

![](ex99-9_001.jpg)

**Property Review**

MaxDiligence performed a "Property Review," which included the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Property Review</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review will include a review of the valuation materials utilized during
the origination of the loan and in confirming the value of the underlying property. MaxDiligence's review will include verifying
the appraisal report:

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Determine whether the appraised value is supported at or within 10% variance
based on a third-party valuation product. If a third-party valuation product is in file but notes a variance above 10% or an inconclusive
value, MaxDiligence will recommend a BPO or field review be ordered.

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

![](ex99-9_001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Other aspects of MaxDiligence's review include (i) verifying that
the address matched the mortgage note, ((ii) if requested, noting whether the property zip code was declared a FEMA disaster area after
the valuation date and notifying the Client of same, (iii) confirming the appraisal report does not include any apparent environmental
problems, (iv) confirming the appraisal notes the current use of the property is legal or legal non-conforming (grandfathered), (v) reviewing
pictures to ensure (a) that the property is in average or better condition and any repairs are noted where required and (b) that the subject
property is the one for which the valuation was ordered and that there are no negative external factors; and (vi) confirming that the
value product that was used as part of the origination decision conforms with rating agency requirements.

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

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

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

**Compliance Review**

MaxDiligence performed a "Compliance Review" below, which is applicable to Loans originated on or after October 3, 2015, which are subject to the TILA/RESPA Integrated Disclosure Rule ("<u>TRID</u>"). Compliance review excludes business purpose loans.

With regard to TRID testing, MaxDiligence implemented the TRID scope of review referenced within the Regulatory Compliance section (III) based on (i) the SFA RMBS TRID Grid 4.0 Compliance Review Scope published by the Structured Finance Association (the "SFA Compliance Review Scope") and (ii) outside counsel's interpretations of the published regulations as of the date of review of each mortgage loan. MaxDiligence worked with outside counsel and continues to obtain updated interpretations relative to the informal guidance provided by the Consumer Financial Protection Bureau ("CFPB") which has caused alterations in the review scope and severity of TRID related exceptions, including applicable cures. (This will continue as necessary as additional guidance becomes available, as well as any future rulemaking.) While MaxDiligence continues to make a good faith effort to identify material TRID exceptions and apply the appropriate grading, the implementation of new regulations (including TRID) that impact residential mortgages carries certain interpretive risk and continues to evolve, impacting the review scope and exception severity.

![](ex99-9_001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Loan Estimates ("LEs")</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review the Initial LE and confirm (i) the correct form was used; (ii) all sections of the Initial LE are
completed; and (iii) the Initial LE accurately reflects the information provided to MaxDiligence

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. If there is a Revised LE, confirm (i) that there is a "valid reason" for the Revised LE; and
(ii) that the Revised LE was issued within three (3) days of the change.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Determine which LE in the file is the "final binding" LE for the purpose of Tolerance Testing.
A Revised LE that is issued after the CD, or that does not state a valid reason will not be used for the purposes of Tolerance Testing.
All revised LEs issued to the consumer will be reviewed for accuracy of terms.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Confirm initial LE was delivered within three (3) Business Days from the application date, and at least
seven (7) Business Days prior to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Confirm revised LE was delivered within three (3) Business Days from date of the "valid reason"
giving rise to the Revised LE, and at least four (4) Business Days prior to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Confirm that certain sections of each LE determined to carry assignee liability were accurately completed
and that information was reflected in the appropriate locations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Closing Disclosures ("CDs")</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review the CD review and confirm (i) the correct form was used; (ii) all sections of the CD are completed;
and (iii) the CD accurately reflects the information provided to MaxDiligence.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. If a subsequent CD is issued, confirm (i) that there was a valid reason for the change; (ii) that the
CD was issued within three (3) days of the change; and (iii) whether the reason for the change requires a new 3-day waiting period prior
to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Confirm Initial CD, and any subsequent CD with material changes (i.e. changes that require a new waiting
period), was received at least three (3) Business Days prior to the consummation date. With respect to applicable exception remediation
measures for numerical exceptions, confirm that a letter of explanation, as well as a refund as applicable, was delivered or placed in
the mail no later than 60 days after discovery of the exception establishing the need for a revised CD or with respect to exception remediation
measures for non-numerical exceptions, that a corrected CD was delivered or placed in the mail no later than 60 days after consummation.

![](ex99-9_001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Federal Truth in Lending Act</u> ("TILA"), as implemented by Regulation Z, 12 C.F.R. Part
1026, as set forth below:

Rescission

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Tolerance Testing</u>. Compare the fees disclosed in the final binding LE to those in the final CD,
and confirm that final CD fees are within the permitted tolerances. Confirm the total of payments are considered accurate as defined by
Regulation Z. Confirm Finance Charge tolerances are correct.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Subsequent Changes</u>. Review the file to determine (i) whether there is evidence that certain changes
or errors (per the regulation) were discovered subsequent to closing, (ii) and whether the Loan originator followed the prescribed cure.
Test for evidence such as a copy of the refund check, or a corrected, post-consummation CD (" <u>PCCD</u> "), and iii) with
respect to applicable exception remediation measures for numerical exceptions, confirm that a letter of explanation, as well as a refund
as applicable, was delivered or placed in the mail no later than 60 days after discovery of the exception establishing the need for a
revised CD or with respect to exception remediation measures for non-numerical exceptions, that a corrected CD was delivered or placed
in the mail no later than 60 days after consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Loan Toolkit (§1026.19)</u>:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Confirm Your Home Loan Toolkit was delivered or placed in the mail not later than three (3) Business Days
after receipt of application.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>TILA</u> 

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

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

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

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

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

![](ex99-9_001.jpg)

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. With respect to brokered mortgage loans, the Prohibitions and Restrictions related to Loan Originator
Compensation and Steering (§1026.36):

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Review relevant document to determine if there was dual compensation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Review the presence of the mortgage loan option disclosure and to determine if the Steering Safe Harbor
provisions were satisfied.

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. <u>Mandatory Arbitration Clauses (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Determine if the terms of the mortgage loan require arbitration or any other non-judicial procedure to
resolve any controversy or settle any claims arising out of the transaction.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. <u>Prohibition on Financing Credit Insurance (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Determine if the creditor financed, directly or indirectly, any premiums or fees for credit insurance
in jurisdictions where it is prohibited.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. <u>Nationwide Mortgage Licensing System (NMLS) & Registry ID on Loan Documents (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Review for presence of mortgage loan originator organization and individual mortgage loan originator name
and NMLSR ID, as applicable, on the credit application, note or mortgage loan contract, security instrument, Loan Estimate and Closing
Disclosure; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Verify the data against the NMLSR database, as available.

![](ex99-9_001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. <u>RESPA</u>:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>Additional RESPA/Regulation X Disclosures and Requirements (§1024.6, 15, 17, 20, and 33):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm the presence of the Servicing Disclosure Statement form in the mortgage loan file;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Verify the Servicing Disclosure Statement was provided to the borrower(s) within three (3) Business Days
of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Confirm the presence of the Your Home Loan Toolkit/Special Information Booklet in the mortgage loan file
or that the mortgage loan file contains documentary evidence that the disclosure was provided to the borrower;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Confirm the Your Home Loan Toolkit /Special Information Booklet was provided within three (3) Business
Days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Confirm the presence of the CHARM booklet when applicable;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Confirm that the CHARM booklet was issued within three (3) Business Days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. Confirm the presence of the Affiliated Business Arrangement Disclosure in the mortgage loan file in the
event the lender has affiliated business arrangements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Confirm the Affiliated Business Arrangement Disclosure was provided no later than three (3) Business Days
of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ix. Confirm the Affiliated Business Arrangement Disclosure is executed;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Confirm the presence of the Initial Escrow Disclosure Statement in the mortgage loan file and proper timing;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;xi. Confirm that the creditor provided the borrower a list of homeownership counselling organizations within
three (3) Business Days of application; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;xii. Confirm that the list of homeownership counselling organizations was obtained no earlier than 30 days
prior to when the list was provided to the mortgage loan applicant.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>ECOA</u>: The Equal Credit Opportunity Act, as implemented by Regulation B, 12 C.F.R. Part 1002, as
set forth below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>Providing Appraisals and Other Valuations (12 C.F.R. 1002.14):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Timing and content of the right to receive copy of appraisal disclosure;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Charging of a fee for a copy of the appraisal or other written valuation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Timing of creditor providing a copy of each appraisal or other written valuation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. iv) With respect to a borrower that has waived the three (3) Business Day disclosure requirement, confirm that (a) the borrower has signed
the waiver or other acknowledgment at least three (3) Business Days prior to consummation; and (b) that the lender has provided copies
of appraisals and other written valuations at or prior to consummation.

![](ex99-9_001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Other Provisions</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Texas:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas Constitution
and associated regulations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Fed/State/Local Predatory Lending:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The disclosure requirements and prohibitions of state, county and municipal laws and ordinances with respect
to "high-cost" mortgage loans, "covered" mortgage loans, "higher-priced" mortgage loans, "home"
mortgage loans or any other similarly designated mortgage loan as defined under such authorities, or subject to any other laws that were
enacted to combat predatory lending, as may have been amended from time to time;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Prepay Penalties and Late Fees:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Federal and state specific late charge and prepayment penalty provisions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. <u>Exclusions</u>. MaxDiligence will not test:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Loan types that are excluded from compliance with TRID.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Technical formatting of disclosures.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Other Post-consummation disclosures, including Escrow Closing Notice; and Mortgage servicing transfer
and partial payment notices.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. For Loans made by an FDIC-supervised institution or servicer, extended or renewed on or after January
1, 2016, whether prohibited fees were collected prior to the initial LE being issued

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Whether any fee is a "bona fide" fee for third-party services

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Whether the loans comply with all federal, state or local laws, constitutional provisions, regulations
or ordinances that are not expressly enumerated above.

**Summary of Results**

**OVERALL RESULTS SUMMARY** 

After giving consideration to the grading criteria of the relevant NRSROs, 100% of the loans received a grade "B" or higher with 83.33% of the pool receiving an Overall "A" grade.

**Final Loan Grades**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall Loan Results:** | &nbsp;&nbsp;**Overall Loan Results:** | &nbsp;&nbsp;**Overall Loan Results:** |
| &nbsp;&nbsp;**Event Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**Percent of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;35 | &nbsp;&nbsp;83.33% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;7 | &nbsp;&nbsp;16.67% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**42** | &nbsp;&nbsp;**100.00%** |

---

![](ex99-9_001.jpg)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Credit Grade Summary** | &nbsp;&nbsp;**Credit Grade Summary** | &nbsp;&nbsp;**Credit Grade Summary** |
| &nbsp;&nbsp;**Event Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp; **Percent of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;36 | &nbsp;&nbsp;85.71% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;6 | &nbsp;&nbsp;14.29% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**42** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Property Grade Summary** | &nbsp;&nbsp;**Property Grade Summary** | &nbsp;&nbsp;**Property Grade Summary** |
| &nbsp;&nbsp;**Event Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp; **Percent of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;42 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**42** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Compliance Grade Summary** | &nbsp;&nbsp;**Compliance Grade Summary** | &nbsp;&nbsp;**Compliance Grade Summary** |
| &nbsp;&nbsp;**Event Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp; **Percent of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;41 | &nbsp;&nbsp;97.62% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;2.38% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**42** | &nbsp;&nbsp;**100.00%** |

---

**Exception Category Summary**

The table below summarizes the individual exceptions which carried an associated "A", "B", "C", or "D" level exception grade. One loan may have carried more than one exception. In such cases, the exception with the lowest grade would drive the loan grade for that particular area of the review. The overall loan grade is the lowest grade for any one particular review scope (ex. a loan with a Credit Grade of "A", a Compliance Grade of "B", and a Property Grade of "A" would receive an overall Loan Grade of "B").

![](ex99-9_001.jpg)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;Exception <br> Type | &nbsp;&nbsp;Exception Category | &nbsp;&nbsp;Total |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Approval - Lender Income Calculation Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Borrower 1 Credit Report is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Cash reserves less than required by guidelines | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Citizenship Documentation Not Provided | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Corporation/LLC: Certificate of Good Standing Doc is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Corporation/LLC: EIN Doc is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Corporation/LLC: Operating Agreement Doc is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;FEMA Declared Disaster Area Post Closing Review | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Hazard Insurance Policy is Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Liabilities - Excluded Debts | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Liabilities - REO | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Missing Fraud Product | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Missing VOM or VOR | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;No Credit Findings | &nbsp;&nbsp;23 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Program Parameters - Guidelines Conformity | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Purchase Contract - Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Title Document Missing | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;***Total Credit Grade (A) Exceptions*** | &nbsp;&nbsp;***44*** |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Audited LTV Exceeds Guideline LTV | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Audited Reserves are less than Guideline Required Reserves (Number of Months) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;Program Parameters - Guidelines Conformity | &nbsp;&nbsp;4 |
|  | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions*** | &nbsp;&nbsp;***7*** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;Missing Doc - 3rd Party Valuation Product/Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;Value - Value is supported within -10% of original appraisal amount | &nbsp;&nbsp;40 |
|  | &nbsp;&nbsp;***Total Property Grade (A) Exceptions*** | &nbsp;&nbsp;***42*** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Federal - Closing Disclosure and Consummation Date | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Missing evidence of rate lock | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;No Compliance Findings | &nbsp;&nbsp;21 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;No Compliance Tests Performed | &nbsp;&nbsp;19 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;TRID: Missing Initial Closing Disclosure | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;***Total Compliance Grade (A) Exceptions*** | &nbsp;&nbsp;***43*** |
| &nbsp;&nbsp;Compliance &nbsp;&nbsp;B | &nbsp;&nbsp;Insufficient Tolerance Cure | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;***Total Compliance Grade (B) Exceptions*** | &nbsp;&nbsp;***1*** |

---

**Tape Integrity Review Results**

As part of the Credit, Property and Compliance Reviews, MaxDiligence captured data from the source documents and compared it to a data tape provided by Client. MaxDiligence provided Client a Data Discrepancy Report which shows the differences between the tape data and the data captured by MaxDiligence during the diligence process.

Of the 42 mortgage loans reviewed, 12 unique mortgage loans (by loan count) had a total of 12 different tape discrepancies across 2 data fields. A blank or zero value on the data tape when an actual value was captured by MaxDiligence was not treated as a data variance.

![](ex99-9_001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Loans With Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**% Variance** |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;1 | &nbsp;&nbsp;42 | &nbsp;&nbsp;2.38% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;11 | &nbsp;&nbsp;26 | &nbsp;&nbsp;42.31% |

---

**Event Grade Definitions**

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Final Loan Grade** | &nbsp;&nbsp;**Final Loan Grade** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;Loan meets Credit, Compliance, and Property Guidelines |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan substantially meets published Client/Seller guidelines and/or eligibility in the validation of income, assets, or credit, is in material compliance with all applicable laws and regulations, and the value and valuation methodology is supported and substantially meets published guidelines. |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The loan does not meet the published guidelines and/or violates one material law or regulation, and/or the value and valuation methodology is not supported or did not meet published guidelines. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;Loan is missing documentation to perform a sufficient review. |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Credit Event Grades** | &nbsp;&nbsp;**Credit Event Grades** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The loan meets the published guidelines without any exceptions. The employment, income, assets and occupancy are supported and justifiable. The borrower's willingness and ability to repay the loan is documented and reasonable. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan substantially meets the published guidelines but reasonable compensating factors were considered and documented for exceeding published guidelines. The employment, income, assets and occupancy are supported and justifiable. The borrower's willingness and ability to repay the loan is documented and reasonable. |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The loan does not substantially meet the published guidelines. There are not sufficient compensating factors that justify exceeding the published guidelines. The employment, income, assets or occupancy are not supported and justifiable. The borrower's willingness and ability to repay the loan were not documented or are unreasonable. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;There was not sufficient documentation to perform a review or the credit file was not furnished. |

---

![](ex99-9_001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Compliance Event Grades** | &nbsp;&nbsp;**Compliance Event Grades** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The loan is in compliance with all applicable laws and regulations. The legal documents accurately reflect the agreed upon loan terms and are executed by all applicable parties. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan is in material compliance with all applicable laws and regulations. The legal documents accurately reflect the agreed upon loan terms and are executed by all applicable parties. Client review required. |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The loan violates one material law or regulation. The material disclosures are absent or the legal documents do not accurately reflect the agreed upon loan terms or all required applicants did not execute the documents. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;There was not sufficient documentation to perform a review or the required legal documents were not furnished. |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Property Event Grades** | &nbsp;&nbsp;**Property Event Grades** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The value is supported within 10% of the original appraisal by the AVM or there are other supporting documents in the originators loan file package (CDA, Field Review or Second Appraisal). The appraisal was performed on an "as-is" basis and the property is complete and habitable at origination. The appraiser was appropriately licensed and used GSE approved forms. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The value is not supported within 10% of the original appraisal by the AVM and there are no other valuation support documents in the loan file provided by the Seller. The valuation methodology substantially meets the published guidelines but reasonable compensating factors were considered and documented for exceeding guidelines. The appraisal was performed on an "as-is" basis and the property is complete and habitable. The appraiser was appropriately licensed and used GSE approved forms. |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The value is not supported within 10% of the original appraisal. The valuation methodology did not meet the published guidelines and there were not sufficient compensating factors for exceeding published guidelines. The property is in below "average" condition or the property is not complete or requires significant repairs. The appraisal was not performed on an "as is" basis. The appraiser was not appropriately licensed or did not use GSE approved forms. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;The file was missing the appraisal or there was not sufficient valuation documentation to perform a review. |

---

## Exhibit 99.9

**Exhibit 99.9 Schedule 1**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 142159 |  |  | Qualifying FICO | XXXXXX | XXXXXX | XXXXXX |
| 142156 |  |  | Qualifying Total Debt Income Ratio | XXXXXX | XXXXXX | XXXXXX |
| 142171 |  |  | Qualifying Total Debt Income Ratio | XXXXXX | XXXXXX | XXXXXX |
| 142169 |  |  | Qualifying Total Debt Income Ratio | XXXXXX | XXXXXX | XXXXXX |
| 141950 |  |  | Qualifying Total Debt Income Ratio | XXXXXX | XXXXXX | XXXXXX |
| 141944 |  |  | Qualifying Total Debt Income Ratio | XXXXXX | XXXXXX | XXXXXX |
| 142165 |  |  | Qualifying Total Debt Income Ratio | XXXXXX | XXXXXX | XXXXXX |
| 142174 |  |  | Qualifying Total Debt Income Ratio | XXXXXX | XXXXXX | XXXXXX |
| 142163 |  |  | Qualifying Total Debt Income Ratio | XXXXXX | XXXXXX | XXXXXX |
| 141938 |  |  | Qualifying Total Debt Income Ratio | XXXXXX | XXXXXX | XXXXXX |
| 141940 |  |  | Qualifying Total Debt Income Ratio | XXXXXX | XXXXXX | XXXXXX |
| 141941 |  |  | Qualifying Total Debt Income Ratio | XXXXXX | XXXXXX | XXXXXX |

---

## Exhibit 99.9

**Exhibit 99.9 Schedule 2**

![Picture](ex99-9sch2_001.jpg)

PRP1

Client PRPM 2025-NQM4

Transaction PRPM 2025-NQM4

Date 08/27/2025

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Initial Loan Rating** | **Final Loan Rating** | **Initial Credit Rating** | **Final Credit Rating** | **Initial Compliance Rating** | **Final Compliance Rating** | **Initial Valuation Rating** | **Final Valuation Rating** |
| 141939 |  |  | XXXXXX | XXXXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 142158 |  |  | XXXXXX | XXXXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 142172 |  |  | XXXXXX | XXXXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| 141932 |  |  | XXXXXX | XXXXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 142160 |  |  | XXXXXX | XXXXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 142162 |  |  | XXXXXX | XXXXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 141933 |  |  | XXXXXX | XXXXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 141934 |  |  | XXXXXX | XXXXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 141953 |  |  | XXXXXX | XXXXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 141931 |  |  | XXXXXX | XXXXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 141945 |  |  | XXXXXX | XXXXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| 142159 |  |  | XXXXXX | XXXXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 142173 |  |  | XXXXXX | XXXXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 142164 |  |  | XXXXXX | XXXXXX | 4 | 1 | 3 | 1 | 4 | 1 | 1 | 1 D A C |
| 142168 |  |  | XXXXXX | XXXXXX | 4 | 1 | 4 | 1 | 1 | 1 | 3 | 1 D A C |
| 141954 |  |  | XXXXXX | XXXXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 141947 |  |  | XXXXXX | XXXXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 141955 |  |  | XXXXXX | XXXXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| 142170 |  |  | XXXXXX | XXXXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 141948 |  |  | XXXXXX | XXXXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 141949 |  |  | XXXXXX | XXXXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 142156 |  |  | XXXXXX | XXXXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 142171 |  |  | XXXXXX | XXXXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 142157 |  |  | XXXXXX | XXXXXX | 3 | 1 | 3 | 1 | 1 | 1 | 3 | 1 C A |
| 142169 |  |  | XXXXXX | XXXXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 141950 |  |  | XXXXXX | XXXXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 141944 |  |  | XXXXXX | XXXXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 141951 |  |  | XXXXXX | XXXXXX | 3 | 2 | 3 | 1 | 3 | 2 | 1 | 1 C B A |
| 141935 |  |  | XXXXXX | XXXXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 142165 |  |  | XXXXXX | XXXXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 142174 |  |  | XXXXXX | XXXXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 142163 |  |  | XXXXXX | XXXXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 141936 |  |  | XXXXXX | XXXXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| 142167 |  |  | XXXXXX | XXXXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| 141937 |  |  | XXXXXX | XXXXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 142166 |  |  | XXXXXX | XXXXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 141938 |  |  | XXXXXX | XXXXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 141946 |  |  | XXXXXX | XXXXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| 141940 |  |  | XXXXXX | XXXXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 141941 |  |  | XXXXXX | XXXXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 141942 |  |  | XXXXXX | XXXXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 142155 |  |  | XXXXXX | XXXXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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## Exhibit 99.9

**Exhibit 99.9 Schedule 3**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Last Name** | **Property State** | **Occupancy** | **Purpose** | **Originator QM Status** | **TPR QM Status** | **Exception ID** | **Exception Number** | **Exception Date** | **Exception Type** | **Exception Subcategory** | **Exception** | **Exception Remedy** | **Rebuttal** | **TPR Response** | **Compensating Factors** | **Status Update Date** | **Finding Status** | **Initial Exception Grade** | **Final Exception Grade** | **Initial Loan Grade** | **Final Loan Grade** |
| 141939 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4268040 | 1 of 3 | 2025-05-29 13:20 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-29 13:20 | Cleared | 1 | 1 | 1 | 1 |
| 141939 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4268042 | 2 of 3 | 2025-05-29 13:20 | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | 2025-05-29 13:20 | Cleared | 1 | 1 | 1 | 1 |
| 141939 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4268052 | 3 of 3 | 2025-05-29 13:20 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | 2025-05-29 13:20 | Cleared | 1 | 1 | 1 | 1 |
| 142158 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4256968 | 1 of 3 | 2025-05-28 15:21 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | 2025-05-28 15:22 | Cleared | 1 | 1 | 1 | 1 |
| 142158 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4259165 | 2 of 3 | 2025-05-28 17:45 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | 2025-05-28 17:45 | Cleared | 1 | 1 | 1 | 1 |
| 142158 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4259175 | 3 of 3 | 2025-05-28 17:45 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-28 17:45 | Cleared | 1 | 1 | 1 | 1 |
| 142172 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4295028 | 1 of 3 | 2025-06-02 06:18 | Credit | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Audited reserves months are less than the guideline required reserve months. The guidelines require 4 months of reserves. A formal exception is in the file to allow 2 months.<br>|  |  |  | The exception was approved due to depth of prior housing history of 5 years. | 2025-06-03 17:13 | Waived | 2 | 2 | 2 | 2 |
| 142172 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4316106 | 2 of 3 | 2025-06-03 17:18 | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | 2025-06-03 17:18 | Cleared | 1 | 1 | 2 | 2 |
| 142172 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4328983 | 3 of 3 | 2025-06-04 12:40 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-06-04 12:40 | Cleared | 1 | 1 | 2 | 2 |
| 141932 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4275737 | 1 of 3 | 2025-05-29 21:18 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-29 21:18 | Cleared | 1 | 1 | 1 | 1 |
| 141932 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4275769 | 2 of 3 | 2025-05-29 21:19 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | 2025-05-29 21:19 | Cleared | 1 | 1 | 1 | 1 |
| 141932 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4275772 | 3 of 3 | 2025-05-29 21:19 | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | 2025-05-29 21:19 | Cleared | 1 | 1 | 1 | 1 |
| 142160 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4263961 | 1 of 3 | 2025-05-28 23:44 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-28 23:44 | Cleared | 1 | 1 | 1 | 1 |
| 142160 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4263965 | 2 of 3 | 2025-05-28 23:44 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | 2025-05-28 23:44 | Cleared | 1 | 1 | 1 | 1 |
| 142160 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4291914 | 3 of 3 | 2025-05-31 21:44 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | 2025-05-31 21:44 | Cleared | 1 | 1 | 1 | 1 |
| 142162 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4257963 | 1 of 3 | 2025-05-28 16:24 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | 2025-05-28 16:24 | Cleared | 1 | 1 | 1 | 1 |
| 142162 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4270657 | 2 of 3 | 2025-05-29 15:35 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-29 15:35 | Cleared | 1 | 1 | 1 | 1 |
| 142162 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4270667 | 3 of 3 | 2025-05-29 15:36 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | 2025-05-29 15:36 | Cleared | 1 | 1 | 1 | 1 |
| 141933 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4267591 | 1 of 3 | 2025-05-29 12:42 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | 2025-05-29 12:42 | Cleared | 1 | 1 | 1 | 1 |
| 141933 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4267594 | 2 of 3 | 2025-05-29 12:42 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-29 12:42 | Cleared | 1 | 1 | 1 | 1 |
| 141933 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4291929 | 3 of 3 | 2025-05-31 22:13 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | 2025-05-31 22:13 | Cleared | 1 | 1 | 1 | 1 |
| 141934 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4300194 | 1 of 3 | 2025-06-02 16:15 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | 2025-06-02 16:15 | Cleared | 1 | 1 | 1 | 1 |
| 141934 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4300203 | 2 of 3 | 2025-06-02 16:16 | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | 2025-06-02 16:16 | Cleared | 1 | 1 | 1 | 1 |
| 141934 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4300209 | 3 of 3 | 2025-06-02 16:16 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-06-02 16:16 | Cleared | 1 | 1 | 1 | 1 |
| 141953 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4271983 | 1 of 3 | 2025-05-29 17:01 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-29 17:01 | Cleared | 1 | 1 | 1 | 1 |
| 141953 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4291960 | 2 of 3 | 2025-05-31 22:32 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | 2025-05-31 22:32 | Cleared | 1 | 1 | 1 | 1 |
| 141953 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4319399 | 3 of 3 | 2025-06-03 19:55 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | 2025-06-03 19:55 | Cleared | 1 | 1 | 1 | 1 |
| 141931 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4271380 | 1 of 3 | 2025-05-29 16:17 | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | 2025-05-29 16:17 | Cleared | 1 | 1 | 1 | 1 |
| 141931 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4271384 | 2 of 3 | 2025-05-29 16:17 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-29 16:17 | Cleared | 1 | 1 | 1 | 1 |
| 141931 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4271385 | 3 of 3 | 2025-05-29 16:17 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | 2025-05-29 16:17 | Cleared | 1 | 1 | 1 | 1 |
| 141945 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4263736 | 1 of 3 | 2025-05-28 23:00 | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Per guidelines, properties listed for sale must document that the listing has been cancelled. A formal exception is in the loan file for a recently listed property. <br>|  |  |  | The exception was approved due to the depth of the prior housing history of 9 years, and loan to value is 5% below maximum. | 2025-06-03 17:54 | Waived | 2 | 2 | 2 | 2 |
| 141945 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4263739 | 2 of 3 | 2025-05-28 23:01 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-28 23:01 | Cleared | 1 | 1 | 2 | 2 |
| 141945 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4263742 | 3 of 3 | 2025-05-28 23:01 | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | 2025-05-28 23:02 | Cleared | 1 | 1 | 2 | 2 |
| 142159 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4258724 | 1 of 3 | 2025-05-28 17:19 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | 2025-05-28 17:19 | Cleared | 1 | 1 | 1 | 1 |
| 142159 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4299155 | 2 of 3 | 2025-06-02 15:21 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-06-02 15:21 | Cleared | 1 | 1 | 1 | 1 |
| 142159 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4299156 | 3 of 3 | 2025-06-02 15:22 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | 2025-06-02 15:22 | Cleared | 1 | 1 | 1 | 1 |
| 142173 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4269256 | 1 of 3 | 2025-05-29 14:32 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-29 14:32 | Cleared | 1 | 1 | 1 | 1 |
| 142173 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4291982 | 2 of 3 | 2025-05-31 23:02 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | 2025-05-31 23:02 | Cleared | 1 | 1 | 1 | 1 |
| 142173 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4331324 | 3 of 3 | 2025-06-04 15:15 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | 2025-06-04 15:15 | Cleared | 1 | 1 | 1 | 1 |
| 142164 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4260554 | 1 of 5 | 2025-05-28 18:53 | Compliance | Missing evidence of rate lock | Missing evidence of Rate Lock. <br>|  | Document Uploaded. - 06/04/2025<br>| Evidence of Rate Lock Provided - 06/09/2025<br>Document Uploaded. - 06/04/2025<br>|  | 2025-06-09 15:36 | Resolved | 3 | 1 | 4 | 1 |
| 142164 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4260561 | 2 of 5 | 2025-05-28 18:54 | Compliance | TRID: Missing Initial Closing Disclosure | The loan file does not contain the initial Closing Disclosure. <br>|  | Document Uploaded. - 06/04/2025<br>| Document Uploaded. - 06/04/2025<br>|  | 2025-06-09 15:46 | Resolved | 4 | 1 | 4 | 1 |
| 142164 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4269959 | 3 of 5 | 2025-05-29 15:08 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-29 15:08 | Cleared | 1 | 1 | 4 | 1 |
| 142164 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4270027 | 4 of 5 | 2025-05-29 15:11 | Credit | FEMA Declared Disaster Area Post Closing Review | The subject property was located in a XXXXXX declared disaster area. Post closing property inspection report required. XXXXXX Severe Storms and Flooding; Incident Period: XXXXXX - XXXXXX, Major Disaster Declaration declared on XXXXXX <br>|  | Appraisal completed on XXXXXX after disaster with no damage reported - 06/04/2025 | Documentation provided is sufficient. - 06/05/2025<br> Appraisal completed on XXXXXX after disaster with no damage reported - 06/04/2025 |  | 2025-06-05 13:32 | Resolved | 3 | 1 | 4 | 1 |
| 142164 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Second Home | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4292018 | 5 of 5 | 2025-05-31 23:52 | Compliance | Federal - Closing Disclosure and Consummation Date | The Initial Closing Disclosure Received Date of (XXXXXX) is not three business days before the consummation date of (XXXXXX). Three business days before the consummation date is (XXXXXX). Under Regulation Z, a consumer must receive the Initial Closing Disclosure reflecting the actual terms of the transaction no later than three business days before consummation. (12 CFR 1026.19(f)(1)(ii)(A)); 1026.19(f)(1)(iii))  |  | Document Uploaded. - 06/04/2025<br>| ICD reviewed and tested - 06/09/2025<br>Document Uploaded. - 06/04/2025<br>|  | 2025-06-09 15:47 | Resolved | 3 | 1 | 4 | 1 |
| 142168 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4267208 | 1 of 4 | 2025-05-29 12:02 | Credit | Borrower 1 Credit Report is Missing | Borrower 1 credit report is missing. Borrower 1 Credit Report is Missing. Upon receipt the credit and liabilities will be reviewed, and additional findings could be required. <br>|  | Document Uploaded. - 06/03/2025<br>| Documentation provided is sufficient. - 06/05/2025<br>Borrower 1 Credit Report is not missing. - 06/05/2025<br>Document Uploaded. - 06/03/2025<br>|  | 2025-06-05 12:45 | Resolved | 4 | 1 | 4 | 1 |
| 142168 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4267671 | 2 of 4 | 2025-05-29 12:49 | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | 2025-05-29 12:49 | Cleared | 1 | 1 | 4 | 1 |
| 142168 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4267695 | 3 of 4 | 2025-05-29 12:51 | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. <br>|  | Document Uploaded. - 06/03/2025<br>| Documentation provided is sufficient. - 06/05/2025<br>Document Uploaded. - 06/03/2025<br>|  | 2025-06-05 12:47 | Resolved | 3 | 1 | 4 | 1 |
| 142168 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4267712 | 4 of 4 | 2025-05-29 12:53 | Credit | Cash reserves less than required by guidelines | The file contains asset statements totaling $XXXXXX. The final CD closing costs were $XXXXXX and the 8 months of reserves required is $XXXXXX. This results in a shortage of $XXXXXX in reserves. Please provide documentation per guidelines to support sufficient funds for reserves.  |  | Document Uploaded. - 06/13/2025 <br>Document Uploaded. Previously cleared in original diligence review. Please advise. - 06/03/2025<br>| Documentation provided is sufficient. - 06/17/2025<br>Document Uploaded. - 06/13/2025<br>As this is a separate file and review, please provide those documents for this specific file. - 06/05/2025<br>Document Uploaded. Previously cleared in original diligence review. Please advise. - 06/03/2025<br>|  | 2025-06-17 13:05 | Resolved | 3 | 1 | 4 | 1 |
| 141954 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4271454 | 1 of 3 | 2025-05-29 16:22 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-29 16:22 | Cleared | 1 | 1 | 3 | 1 |
| 141954 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4271478 | 2 of 3 | 2025-05-29 16:23 | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | 2025-05-29 16:23 | Cleared | 1 | 1 | 3 | 1 |
| 141954 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4283928 | 3 of 3 | 2025-05-30 15:23 | Credit | Missing Fraud Product |  |  | Document Uploaded. - 06/03/2025<br>| Documentation provided is sufficient. - 06/05/2025<br>Document Uploaded. - 06/03/2025<br>|  | 2025-06-05 13:10 | Resolved | 3 | 1 | 3 | 1 |
| 141947 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4268622 | 1 of 8 | 2025-05-29 13:57 | Credit | Citizenship Documentation Not Provided | Borrower 1 Citizenship Documentation is missing from the file. Please provide the Permanent Resident Alien card. <br>|  | Document Uploaded. - 06/03/2025<br>| Documentation provided is sufficient. - 06/05/2025<br>Document Uploaded. - 06/03/2025<br>|  | 2025-06-05 14:14 | Resolved | 3 | 1 | 3 | 1 |
| 141947 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4270928 | 2 of 8 | 2025-05-29 15:51 | Credit | Purchase Contract - Missing | The loan file did not contain the Purchase Contract as required. <br>|  | Document Uploaded. - 06/03/2025<br>| Documentation provided is sufficient. - 06/05/2025<br>Document Uploaded. - 06/03/2025<br>|  | 2025-06-05 14:18 | Resolved | 3 | 1 | 3 | 1 |
| 141947 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4270956 | 3 of 8 | 2025-05-29 15:53 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-29 15:53 | Cleared | 1 | 1 | 3 | 1 |
| 141947 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4284897 | 4 of 8 | 2025-05-30 16:31 | Credit | Hazard Insurance Policy is Missing | Missing hazard insurance policy. <br>|  | Document Uploaded. - 06/03/2025<br>| Documentation provided is sufficient. - 06/05/2025<br>Document Uploaded. - 06/03/2025<br>|  | 2025-06-05 14:24 | Resolved | 3 | 1 | 3 | 1 |
| 141947 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4284999 | 5 of 8 | 2025-05-30 16:37 | Credit | Corporation/LLC: EIN Doc is Missing | The loan file does not contain the Coporation/LLC: EIN documentation. <br>|  | Document Uploaded. - 06/03/2025<br>| Documentation provided is sufficient. - 06/05/2025<br>Document Uploaded. - 06/03/2025<br>|  | 2025-06-05 14:25 | Resolved | 3 | 1 | 3 | 1 |
| 141947 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4299467 | 6 of 8 | 2025-06-02 15:36 | Credit | Corporation/LLC: Certificate of Good Standing Doc is Missing | The loan file does not contain the Corporation/LLC: Certificate of Good Standing. <br>|  | Document Uploaded. - 06/03/2025<br>| Documentation provided is sufficient. - 06/05/2025<br>Document Uploaded. - 06/03/2025<br>|  | 2025-06-05 14:25 | Resolved | 3 | 1 | 3 | 1 |
| 141947 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4299484 | 7 of 8 | 2025-06-02 15:37 | Credit | Corporation/LLC: Operating Agreement Doc is Missing | The loan file does not contain the Corporation/LLC: Operating Agreement. <br>|  | Document Uploaded. - 06/03/2025<br>| Documentation provided is sufficient. - 06/05/2025<br>Document Uploaded. - 06/03/2025<br>|  | 2025-06-05 14:25 | Resolved | 3 | 1 | 3 | 1 |
| 141947 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4299502 | 8 of 8 | 2025-06-02 15:37 | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | 2025-06-02 15:37 | Cleared | 1 | 1 | 3 | 1 |
| 141955 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4289234 | 1 of 4 | 2025-05-30 20:48 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-30 20:48 | Cleared | 1 | 1 | 2 | 2 |
| 141955 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4289241 | 2 of 4 | 2025-05-30 20:48 | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | 2025-05-30 20:48 | Cleared | 1 | 1 | 2 | 2 |
| 141955 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4330234 | 3 of 4 | 2025-06-04 14:12 | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. The guidelines require a 5% reduction in maximum LTV for Novice investor. A formal exception is in the file. <br>|  |  |  | The exception was approved due to no derogatory credit in the past 5 years with a minimum of 10 tradelines, and the reserves are exceeded by 6 months. | 2025-06-04 14:12 | Waived | 2 | 2 | 2 | 2 |
| 141955 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4330348 | 4 of 4 | 2025-06-04 14:18 | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Borrower is currently XXXXXX of the business and receiving cash back. A formal exception is in the file. <br>|  |  |  | The exception was approved due to no derogatory credit in the past 5 years with a minimum of 10 tradelines, and reserves exceeded by 6 months. | 2025-06-04 14:18 | Waived | 2 | 2 | 2 | 2 |
| 142170 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4269606 | 1 of 3 | 2025-05-29 14:48 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-29 14:48 | Cleared | 1 | 1 | 1 | 1 |
| 142170 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4269611 | 2 of 3 | 2025-05-29 14:48 | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | 2025-05-29 14:48 | Cleared | 1 | 1 | 1 | 1 |
| 142170 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4269614 | 3 of 3 | 2025-05-29 14:48 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | 2025-05-29 14:48 | Cleared | 1 | 1 | 1 | 1 |
| 141948 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4268209 | 1 of 3 | 2025-05-29 13:31 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-29 13:31 | Cleared | 1 | 1 | 1 | 1 |
| 141948 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4268211 | 2 of 3 | 2025-05-29 13:31 | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | 2025-05-29 13:31 | Cleared | 1 | 1 | 1 | 1 |
| 141948 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4268367 | 3 of 3 | 2025-05-29 13:39 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | 2025-05-29 13:39 | Cleared | 1 | 1 | 1 | 1 |
| 141949 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4272135 | 1 of 3 | 2025-05-29 17:09 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-29 17:09 | Cleared | 1 | 1 | 3 | 1 |
| 141949 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4272137 | 2 of 3 | 2025-05-29 17:09 | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | 2025-05-29 17:09 | Cleared | 1 | 1 | 3 | 1 |
| 141949 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4316799 | 3 of 3 | 2025-06-03 17:57 | Credit | Title Document Missing | Title document is missing. <br>|  | Document Uploaded. - 06/04/2025<br>| Documentation provided is sufficient.<br> - 06/05/2025<br>Document Uploaded. - 06/04/2025<br>|  | 2025-06-05 13:12 | Resolved | 3 | 1 | 3 | 1 |
| 142156 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4261714 | 1 of 3 | 2025-05-28 19:55 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | 2025-05-28 19:55 | Cleared | 1 | 1 | 1 | 1 |
| 142156 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4285536 | 2 of 3 | 2025-05-30 17:06 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | 2025-05-30 17:06 | Cleared | 1 | 1 | 1 | 1 |
| 142156 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4285541 | 3 of 3 | 2025-05-30 17:07 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-30 17:07 | Cleared | 1 | 1 | 1 | 1 |
| 142171 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4261923 | 1 of 3 | 2025-05-28 20:08 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | 2025-05-28 20:08 | Cleared | 1 | 1 | 3 | 1 |
| 142171 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4276301 | 2 of 3 | 2025-05-29 21:51 | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. Validation if the property located at XXXXXX is located in an area that has an HOA with a fee was not found in the loan documents. <br>|  | Document Uploaded. - 06/04/2025<br>| Documentation provided is sufficient. - 06/05/2025<br>Document Uploaded. - 06/04/2025<br>|  | 2025-06-05 13:22 | Resolved | 3 | 1 | 3 | 1 |
| 142171 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4276304 | 3 of 3 | 2025-05-29 21:51 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-29 21:51 | Cleared | 1 | 1 | 3 | 1 |
| 142157 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4261980 | 1 of 3 | 2025-05-28 20:12 | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | 2025-05-28 20:12 | Cleared | 1 | 1 | 3 | 1 |
| 142157 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4261985 | 2 of 3 | 2025-05-28 20:12 | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. <br>|  | Document Uploaded. - 06/04/2025<br>| Documentation provided is sufficient. - 06/05/2025<br>Document Uploaded. - 06/04/2025<br>|  | 2025-06-05 13:05 | Resolved | 3 | 1 | 3 | 1 |
| 142157 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 4332073 | 3 of 3 | 2025-06-04 15:47 | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. The execution of the Note and closing documents is unique. It appears the only "borrower", with an application and credit package is XXXXXX, who XXXXXX of the business entity that the property was vested in. However, the Note and all closing documents are signed by the XXXXXX of the business entity only. The "borrower" did not sign the Note or other closing documents. The Personal Guaranty was signed for XXXXXX by the XXXXXX with a Power Of Attorney. Please document and confirm that the execution of the documents meets investor guidelines or provide an exception for this unique situation. <br>|  | Document Uploaded. - 06/04/2025<br>| The issue was the XXXXXX had an error and named a 3rd party as the XXXXXX, this was an error by the person who set up the entity, it was probably used for a different entity and the name of that XXXXXX was not modified in XXXXXX. The LLC Resolution was provided to rectify that error. - 06/06/2025<br> Documentation provided does not sufficiently tie into the formation/rules of the LLC and how the documents were signed. - 06/05/2025<br> Document Uploaded. - 06/04/2025 |  | 2025-06-06 19:18 | Resolved | 3 | 1 | 3 | 1 |
| 142169 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4262312 | 1 of 4 | 2025-05-28 20:37 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | 2025-05-28 20:37 | Cleared | 1 | 1 | 3 | 1 |
| 142169 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4279727 | 2 of 4 | 2025-05-30 09:52 | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Unable to locate the mortgage payment history for the mortgage being paid off, beginning with interest payment in XXXXXX of $XXXXXX. <br>|  | Document Uploaded. - 06/05/2025<br>| Documentation provided is sufficient. - 06/06/2025<br>Document Uploaded. - 06/05/2025<br>|  | 2025-06-06 12:46 | Resolved | 3 | 1 | 3 | 1 |
| 142169 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4280176 | 3 of 4 | 2025-05-30 10:30 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-30 10:30 | Cleared | 1 | 1 | 3 | 1 |
| 142169 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4318251 | 4 of 4 | 2025-06-03 19:04 | Credit | Liabilities - Excluded Debts | There was no explanation or support for the omission of one or more debts from the initial application. It appears all of the debts showing on the credit report were excluded to qualify. However, the file contains only 3 months of business statements to support the XXXXXX is paid by a business, when 6 are required. There is no other documentation to support exclusion of the other revolving debts on the credit report, resulting in an audit DTI of 44%. Please provide additional 3 months to support the business pays the XXXXXX and documentation to exclude all other revolving debts. <br>|  | Document Uploaded. - 06/06/2025<br>| Documentation provided is sufficient. - 06/09/2025<br>Document Uploaded. - 06/06/2025<br>|  | 2025-06-09 13:46 | Resolved | 3 | 1 | 3 | 1 |
| 141950 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4261413 | 1 of 3 | 2025-05-28 19:33 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | 2025-05-28 19:33 | Cleared | 1 | 1 | 3 | 1 |
| 141950 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4318591 | 2 of 3 | 2025-06-03 19:18 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-06-03 19:18 | Cleared | 1 | 1 | 3 | 1 |
| 141950 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4331074 | 3 of 3 | 2025-06-04 15:00 | Credit | Liabilities - Excluded Debts | There was no explanation or support for the omission of one or more debts from the initial application. Based on the file DTI on the 1008 and tape data, it appears on the 1003 that some debts were excluded, resulting in a much lower DTI (38.28%) than audit calculation (42.79%). The file does not contain documentation of any debts being paid off. Please document the payoff of any excluded debts, with sufficient funds remaining to close. <br>|  | Document Uploaded. - 06/11/2025 <br> Only debt I see is XXXXXX - omitted due to less than 10 remaining payments. Please advise - 06/05/2025 | Documentation provided is sufficient. - 06/12/2025<br> Document Uploaded. - 06/11/2025<br> Per the final 1003 the XXXXXX account XXXXXX is marked as to be paid off at or before closing. It appears it has been excluded from the DTI reflected on the tape data. Audit DTI is 42.79%. Please clarify if this or other debts were paid prior to closing. - 06/06/2025<br> Only debt I see is XXXXXX - omitted due to less than 10 remaining payments. Please advise - 06/05/2025 |  | 2025-06-12 12:19 | Resolved | 3 | 1 | 3 | 1 |
| 141944 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4281484 | 1 of 3 | 2025-05-30 13:10 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-30 13:10 | Cleared | 1 | 1 | 1 | 1 |
| 141944 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4294172 | 2 of 3 | 2025-06-01 19:44 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | 2025-06-01 19:44 | Cleared | 1 | 1 | 1 | 1 |
| 141944 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4319137 | 3 of 3 | 2025-06-03 19:39 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | 2025-06-03 19:39 | Cleared | 1 | 1 | 1 | 1 |
| 141951 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4291731 | 1 of 3 | 2025-05-31 19:42 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-31 19:42 | Cleared | 1 | 1 | 3 | 2 |
| 141951 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4291732 | 2 of 3 | 2025-05-31 19:44 | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. The file did not contain evidence of the HOA ($XXXXXX) for the primary residence. <br>|  | Document Uploaded. - 06/04/2025<br>| Documentation provided is sufficient. - 06/05/2025<br>Document Uploaded. - 06/04/2025<br>|  | 2025-06-05 12:40 | Resolved | 3 | 1 | 3 | 2 |
| 141951 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4312339 | 3 of 3 | 2025-06-03 14:56 | Compliance | Insufficient Tolerance Cure | A Lender Credit for Excess Charges of ($0.00), Principal Reduction for Excess Charges of ($0.00), and general or specific lender credit increases of ($0.13) were applied to the total fee variance of ($75.00) between the baseline disclosure and the actual fee amounts. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. Personal debut was paid with the proceeds of this refinance, therefore this loan is subject to TRID rules. The appraisal fee increased from $625 to $700. "Rush Fee" is not a valid reason for the increased fee. A cure in the amount of $74.87 is required. <br>|  | Document Uploaded. - 06/10/2025<br>| Received curative package. No further findings - 06/10/2025<br>Resolved - 06/10/2025<br>Document Uploaded. - 06/10/2025<br>|  | 2025-06-10 15:46 | Cured | 3 | 2 | 3 | 2 |
| 141935 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4262621 | 1 of 3 | 2025-05-28 20:57 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | 2025-05-28 20:57 | Cleared | 1 | 1 | 3 | 1 |
| 141935 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4288137 | 2 of 3 | 2025-05-30 19:33 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-30 19:33 | Cleared | 1 | 1 | 3 | 1 |
| 141935 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4289170 | 3 of 3 | 2025-05-30 20:38 | Credit | Hazard Insurance Policy is Missing | Missing hazard insurance policy. <br>|  | Document Uploaded. - 06/05/2025<br>| Documentation provided is sufficient. - 06/06/2025<br>Document Uploaded. - 06/05/2025<br>|  | 2025-06-06 12:42 | Resolved | 3 | 1 | 3 | 1 |
| 142165 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4277386 | 1 of 3 | 2025-05-30 02:21 | Credit | Citizenship Documentation Not Provided | Borrower 1 Citizenship Documentation is missing from the file. Non-Permanent Resident Alien, missing Visa <br>|  | Document Uploaded. - 06/05/2025<br>| Documentation provided is sufficient. - 06/06/2025<br>Document Uploaded. - 06/05/2025<br>|  | 2025-06-06 12:45 | Resolved | 3 | 1 | 3 | 1 |
| 142165 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4277387 | 2 of 3 | 2025-05-30 02:22 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-30 02:22 | Cleared | 1 | 1 | 3 | 1 |
| 142165 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4301658 | 3 of 3 | 2025-06-02 17:37 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | 2025-06-02 17:37 | Cleared | 1 | 1 | 3 | 1 |
| 142174 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4263241 | 1 of 3 | 2025-05-28 21:51 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | 2025-05-28 21:51 | Cleared | 1 | 1 | 3 | 1 |
| 142174 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4277576 | 2 of 3 | 2025-05-30 04:33 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-30 04:33 | Cleared | 1 | 1 | 3 | 1 |
| 142174 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4277577 | 3 of 3 | 2025-05-30 04:34 | Credit | Approval - Lender Income Calculation Missing | The loan file did not contain the lender income calculation worksheet as required. Missing the Bank Statement Income Work Sheet to support the income used to qualify. <br>|  | Document Uploaded. - 06/04/2025<br>| Documentation provided is sufficient. - 06/05/2025<br>Document Uploaded. - 06/04/2025<br>|  | 2025-06-05 13:30 | Resolved | 3 | 1 | 3 | 1 |
| 142163 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4264965 | 1 of 3 | 2025-05-29 02:20 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | 2025-05-29 02:20 | Cleared | 1 | 1 | 1 | 1 |
| 142163 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4293867 | 2 of 3 | 2025-06-01 15:30 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-06-01 15:30 | Cleared | 1 | 1 | 1 | 1 |
| 142163 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4293868 | 3 of 3 | 2025-06-01 15:31 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | 2025-06-01 15:31 | Cleared | 1 | 1 | 1 | 1 |
| 141936 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4263686 | 1 of 3 | 2025-05-28 22:50 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | 2025-05-28 22:50 | Cleared | 1 | 1 | 2 | 2 |
| 141936 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4288675 | 2 of 3 | 2025-05-30 19:56 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-30 19:56 | Cleared | 1 | 1 | 2 | 2 |
| 141936 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4288718 | 3 of 3 | 2025-05-30 19:59 | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Maximum number of properties is 6, per guidelines. A formal exception is in file. <br>|  |  |  | The exception was approved based on required reserves exceeded by 12 months, and depth of prior housing history of 9 years. | 2025-06-03 18:00 | Waived | 2 | 2 | 2 | 2 |
| 142167 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4332338 | 1 of 4 | 2025-06-04 16:02 | Credit | Approval - Lender Income Calculation Missing | The loan file did not contain the lender income calculation worksheet as required. Please provide the bank statement worksheet used to calculate the income. The file does not distinguish what accounts and months were used to calculate income. <br>|  | Document Uploaded. - 06/05/2025<br>| Documentation provided is sufficient. - 06/09/2025<br>Document Uploaded. - 06/05/2025<br>|  | 2025-06-09 13:36 | Resolved | 3 | 1 | 3 | 2 |
| 142167 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4333608 | 2 of 4 | 2025-06-04 17:23 | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Income Other: Using 1007 rent survey amounts for the rent amount. A formal exception is in the file. <br>|  |  |  | The exception was approved due to depth of prior housing history 5 years, no derogatory payments in the past 5 years with minimum 10 trades. | 2025-06-04 18:46 | Waived | 2 | 2 | 3 | 2 |
| 142167 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4333659 | 3 of 4 | 2025-06-04 17:26 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-06-04 17:26 | Cleared | 1 | 1 | 3 | 2 |
| 142167 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4333663 | 4 of 4 | 2025-06-04 17:27 | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | 2025-06-04 18:46 | Cleared | 1 | 1 | 3 | 2 |
| 141937 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4316974 | 1 of 3 | 2025-06-03 18:06 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | 2025-06-03 18:06 | Cleared | 1 | 1 | 1 | 1 |
| 141937 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4316977 | 2 of 3 | 2025-06-03 18:06 | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | 2025-06-03 18:06 | Cleared | 1 | 1 | 1 | 1 |
| 141937 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4316989 | 3 of 3 | 2025-06-03 18:06 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-06-03 18:06 | Cleared | 1 | 1 | 1 | 1 |
| 142166 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4258722 | 1 of 3 | 2025-05-28 17:19 | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | 2025-05-28 17:19 | Cleared | 1 | 1 | 1 | 1 |
| 142166 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4258725 | 2 of 3 | 2025-05-28 17:19 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | 2025-05-28 17:19 | Cleared | 1 | 1 | 1 | 1 |
| 142166 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4258730 | 3 of 3 | 2025-05-28 17:20 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-28 17:20 | Cleared | 1 | 1 | 1 | 1 |
| 141938 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4289420 | 1 of 3 | 2025-05-30 21:01 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | 2025-05-30 21:01 | Cleared | 1 | 1 | 1 | 1 |
| 141938 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4289427 | 2 of 3 | 2025-05-30 21:01 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-30 21:01 | Cleared | 1 | 1 | 1 | 1 |
| 141938 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4303815 | 3 of 3 | 2025-06-02 19:35 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | 2025-06-02 19:35 | Cleared | 1 | 1 | 1 | 1 |
| 141946 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4263887 | 1 of 3 | 2025-05-28 23:28 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | 2025-05-28 23:28 | Cleared | 1 | 1 | 2 | 2 |
| 141946 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4290561 | 2 of 3 | 2025-05-30 23:59 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-30 23:59 | Cleared | 1 | 1 | 2 | 2 |
| 141946 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4329476 | 3 of 3 | 2025-06-04 13:25 | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. The maximum LTV for a 658 credit score is 75%. A formal exception is in the file. <br>|  |  |  | The exception was approved due to time on the current job for 9 years, and depth of prior housing history of 3 years. | 2025-06-04 13:25 | Waived | 2 | 2 | 2 | 2 |
| 141940 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4289697 | 1 of 3 | 2025-05-30 21:27 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-30 21:27 | Cleared | 1 | 1 | 1 | 1 |
| 141940 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4289699 | 2 of 3 | 2025-05-30 21:28 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | 2025-05-30 21:28 | Cleared | 1 | 1 | 1 | 1 |
| 141940 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4305153 | 3 of 3 | 2025-06-02 20:48 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | 2025-06-02 20:48 | Cleared | 1 | 1 | 1 | 1 |
| 141941 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4264326 | 1 of 3 | 2025-05-29 01:27 | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | 2025-05-29 01:27 | Cleared | 1 | 1 | 1 | 1 |
| 141941 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4301686 | 2 of 3 | 2025-06-02 17:39 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-06-02 17:39 | Cleared | 1 | 1 | 1 | 1 |
| 141941 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 4318967 | 3 of 3 | 2025-06-03 19:32 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | 2025-06-03 19:32 | Cleared | 1 | 1 | 1 | 1 |
| 141942 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4260665 | 1 of 3 | 2025-05-28 18:58 | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | 2025-05-28 18:58 | Cleared | 1 | 1 | 1 | 1 |
| 141942 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4260679 | 2 of 3 | 2025-05-28 18:59 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | 2025-05-28 18:59 | Cleared | 1 | 1 | 1 | 1 |
| 141942 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4260684 | 3 of 3 | 2025-05-28 18:59 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-05-28 18:59 | Cleared | 1 | 1 | 1 | 1 |
| 142155 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4326963 | 1 of 3 | 2025-06-04 04:03 | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | 2025-06-04 04:03 | Cleared | 1 | 1 | 1 | 1 |
| 142155 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4326964 | 2 of 3 | 2025-06-04 04:03 | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | 2025-06-04 04:03 | Cleared | 1 | 1 | 1 | 1 |
| 142155 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 4334013 | 3 of 3 | 2025-06-04 17:44 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | 2025-06-04 17:44 | Cleared | 1 | 1 | 1 | 1 |

---

## Exhibit 99.9

**Exhibit 99.9 Schedule 4**

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| 141939 |  |  | XXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 70.0 | 70.0 | XXXXXX | .00 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 142158 |  |  | XXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 | XXXXXX | .00 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 142172 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 74.8 | 74.8 | XXXXXX | XXXXXX | .0360 | 1004 URAR |  |  |  |  | XXXXXX | XXXXXX | .0360 | XXXXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 141932 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1073 Individual Condo Report | XXXXXX | 80.0 | 80.0 | XXXXXX | .00 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 142160 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 | XXXXXX | .00 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 142162 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 85.0 | 85.0 | XXXXXX | .00 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 141933 |  |  | XXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 64.08 | 64.08 | XXXXXX | .00 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 141934 |  |  | XXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | 1025 Small Residential Income Report | XXXXXX | 65.0 | 65.0 | XXXXXX | .00 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | .00 | .0000 | XXXXXX | Moderate Risk | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 141953 |  |  | XXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 | XXXXXX | .00 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 141931 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 70.0 | 70.0 | XXXXXX | .00 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | .00 | .0000 | XXXXXX | Moderate | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 141945 |  |  | XXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 65.0 | 65.0 | XXXXXX | .00 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 142159 |  |  | XXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 70.0 | 70.0 | XXXXXX | .00 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 142173 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 90.0 | 90.0 | XXXXXX | .00 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 142164 |  |  | XXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 74.6 | 74.6 | XXXXXX | .00 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 142168 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1025 Small Residential Income Report | XXXXXX | 50.0 | 50.0 | XXXXXX | .00 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | .00 | .0000 | XXXXXX | Low | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 141954 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1073 Individual Condo Report | XXXXXX | 75.0 | 75.0 | XXXXXX | XXXXXX | -.0566 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX | -.0566 | XXXXXX | Moderate Risk | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 141947 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1025 Small Residential Income Report | XXXXXX | 80.0 | 80.0 | XXXXXX | .00 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | .00 | .0000 | XXXXXX | Low Risk | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 141955 |  |  | XXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 | XXXXXX | .00 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | .00 | .0000 | XXXXXX | Low | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 142170 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1073 Individual Condo Report | XXXXXX | 80.0 | 80.0 | XXXXXX | .00 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | .00 | .0000 | XXXXXX | Moderate | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 141948 |  |  | XXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 70.0 | 70.0 | XXXXXX | .00 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 141949 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1025 Small Residential Income Report | XXXXXX | 75.0 | 75.0 | XXXXXX | .00 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | .00 | .0000 | XXXXXX | Low | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 142156 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 | XXXXXX | .00 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 142171 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 | XXXXXX | .00 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | .00 | .0000 | XXXXXX | Low Risk | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 142157 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 70.0 | 70.0 | XXXXXX | XXXXXX | -.0292 | 1004 URAR |  |  |  |  | XXXXXX | XXXXXX | -.0292 | XXXXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX |
| 142169 |  |  | XXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 76.19 | 76.19 | XXXXXX | .00 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | .00 | .0000 | XXXXXX | LOW RISK | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 141950 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 85.0 | 85.0 | XXXXXX | .00 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 141944 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 90.0 | 90.0 | XXXXXX | .00 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | .00 | .0000 | XXXXXX | low | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 141951 |  |  | XXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | 1073 Individual Condo Report | XXXXXX | 75.0 | 75.0 | XXXXXX | .00 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 141935 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 90.0 | 90.0 | XXXXXX | .00 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 142165 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 90.0 | 90.0 | XXXXXX | .00 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | .00 | .0000 | XXXXXX | LOW RISK | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 142174 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 | XXXXXX | .00 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 142163 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 | XXXXXX | .00 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | .00 | .0000 | XXXXXX | LOW RISK | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 141936 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 | XXXXXX | .00 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 142167 |  |  | XXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | 1025 Small Residential Income Report | XXXXXX | 73.66 | 73.66 | XXXXXX | .00 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | .00 | .0000 | XXXXXX | Low Risk | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 141937 |  |  | XXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 64.87 | 68.75 | XXXXXX | .00 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 142166 |  |  | XXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 68.04 | 68.04 | XXXXXX | .00 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 141938 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 90.0 | 90.0 | XXXXXX | .00 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | .00 | .0000 | XXXXXX | Low Risk | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 141946 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 | XXXXXX | .00 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 141940 |  |  | XXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | 1025 Small Residential Income Report | XXXXXX | 75.0 | 75.0 | XXXXXX | .00 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | .00 | .0000 | XXXXXX | LOW RISK | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 141941 |  |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 80.0 | 80.0 | XXXXXX | .00 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 141942 |  |  | XXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | 1004 URAR | XXXXXX | 75.0 | 75.0 | XXXXXX | .00 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | XXXXXX |
| 142155 |  |  | XXXXXX | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | 1025 Small Residential Income Report | XXXXXX | 80.0 | 80.0 | XXXXXX | .00 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX | .00 | .0000 | XXXXXX | Low Risk | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

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## Exhibit 99.10

**Exhibit 99.10**

![](ex99-10_001.jpg)

**PRPM2025-NQM4**

**Due Diligence Review**

**Narrative Summary**

**September 4, 2025**

**Prepared by**

**Mission Global, LLC**

For

**PRPM2025-NQM4 LLC**

This report summarizes the results of a due diligence review performed on o ne (1) loan. Mission Global, LLC ("MISSION"), was engaged on behalf of A&D Mortgage LLC ("A&D") and DLJ Mortgage Capital, Inc. ("DLJ") to complete an independent due diligence compliance review of a select number of loans. The pool reviewed consisted of one (1) Non-Qualified Mortgage (NQM) business purpose investment mortgage loan. The loan was subsequently sold to PRP Advisors LLC and PRP-LB VI AIV, LLC or one of its affiliates (collectively "Client"). A&D and DLJ provided Mission Global, LLC ("Mission") with a data tape, from which 100% of the loan sample was selected. Mission is not aware of the full population so cannot comment on the overall sample size. The loan data was entered into and analyzed using the ***Mission Global Grade<sup>®</sup>*** Underwriting and Diligence grading solution. Mission performed a detailed credit re-underwrite and regulatory compliance review of 100% loans.

Mission Global is a technology-forward service provider built on a culture of deep client service. Mission is a rating agency approved Third Party Review firm delivering underwriting and compliance audits for residential and business purpose loans. Since 1994, Mission Global and its predecessor company, Global Financial Review have provided comprehensive loan due diligence, re-underwriting, and asset management services to clients in the financial services industry. In 2015, Global Financial Review merged with the leading Secondary market consulting firm Mission Capital Advisors, LLC to form Mission Global, LLC. In 2020, Mission Capital Advisors, LLC and Mission Global, LLC were acquired by the leading real estate sales, financing and advisory service firm and now a wholly-owned subsidiary of Marcus & Millichap (NYSE:MMI).

Mission performed a full credit re-underwrite, regulatory compliance, valuation and data integrity review to meet the criteria as published by the Nationally Recognized Statistical Rating Organizations. This deal is to be rated in accordance with the published guidelines of ***Moody's Corporation ("Moodys").*** Mission completed the review October 31, 2024.

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The loan is a Non-QM loan business purpose or investment loan. It is all secured by single family residence as collateral. The loan is in first lien position.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. File RE-Underwrite Credit Review

A full re-underwriting credit review was conducted to verify that the requisite underwriting guidelines as specified by Client were met. Confirmation of the loan terms was conducted through recalculation and review of documentation contained in the loan files and documents provided to Mission.

The Credit Qualification review will consist of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2 Guidelines and Overlays

Mission the mortgage loan to ensure it met the requisite guideline requirements as specified by the Client guidelines. Inlieu of specific requirements, Mission a l so considered Regulation Z requirements including Appendix Q or Consider and Verify rules where applicable.

In addition to the guidelines there was one unique overlays for each type of loan program reviewed:

&nbsp;&nbsp;&nbsp;&nbsp;⮚ A&D DSCR Rate - Investment Only

This guideline overlays provided additional specific qualification requirements and program specific metric such as min and max loan amounts, cash out refinance limits, ranges of values for acceptance, geographic eligibility, escrow requirements, note, rate and term specific details, qualifying property types, residency requirements, limits on seller and third-party contributions, valuation and title requirements The guidelines and overlays also specified borrower requirements such as credit tradeline and credit event requirements, income and asset qualifications, and citizenship requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2 Employment and Income

The loan is a DSCR loans. In the case of investment purpose loans, rental property income and debt service coverage ratio was both estimated or stated, and/or verified through leases and rent rolls. Mission verified the file documentation for minimum required level of employment and income verifications in accordance with Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3 Income

This is a DSCR loans so i Borrower income was not used in the loan qualification.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.4 Assets

Mission confirmed the presence of adequate asset documentation to comply with the Client provided underwriting guideline requirements for closing funds, reserves and borrower liquidity. Mission verified the file documentation for minimum required level of asset verification in accordance with Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.5 Debt-to-Income Ratio

DTI is not a factor used in this loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.6 Debt Service Coverage Ratio

The loan was qualified under the DSCR Rate program, Mission recalculated and verified the Debt Service Coverage Ratio used by the loan underwriter at origination to determine compliance with Client provided underwriting guidelines and requirements. Rental income used in the calculation for each loan was either verified from an in-place lease and verification of payment or based upon projected market rents taken from the 1007 in the subject property appraisal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.7 Property Valuation

Mission analyzed all appraisals and alternative value tools used to qualify the loan for integrity of comparable sales, completeness of data, eligibility of the appraiser and reasonableness of estimated value. Mission verified the valuation waterfall in each case to determine if based upon UCDP CU credit scores whether a Desk review or a second appraisal was required and to verify all valuation documentation met the requirements of Client provided underwriting guidelines. Where loans are seasoned beyond 24 months since origination an updated valuation is used to determine value is supported. All Appraisals were FIRREA compliant.

In all cases where the collateral is residential based, the primary values were supported by secondary valuation tools including either an AVM, BPO, 2<sup>nd</sup> Appraisal, Appraisal Desk Review or a secondary Drive-By appraisal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.8 Loan-to-Value Ratio

Mission recalculated and verified the loan-to-value ratio and combined loan-to-value ratio were accurate at origination and met Client provided underwriting guideline and regulatory requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.9 Credit History

Mission reviewed the initial credit reports used at origination and captured updated gap report values to verify that the borrower(s) demonstrate adequate credit depth to comply with the Client provided underwriting guideline requirements.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.10 Credit Scores

Mission captured FICO scores from credit reports used at origination and any updated gap report values to validate that borrower(s) met minimum credit score requirements of the Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.11 Compensating Factors

Mission reviewed all provided guideline exceptions and verified exceptions to the Client provided underwriting guidelines were documented and that compensating factors were reasonable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Document Review

Mission's review each loan file confirmed the presence of material documentation as applicable to the specifics of the loan transaction.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1 Title Commitment and Policy

Mission verified the presence of at a minimum the initial title commitment or final title policy. Mission confirmed the vested parties and the description of the property, liens and tax assessments. Given the recent origination of many of the loans contained only an initial title commitment. Comments on loans where the final title policy was still pending were noted in the resolution of each loan in the grading findings.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.2 Mortgage Note & Security Instrument

Verify the presence of the mortgage note or security instrument. Confirm that the document has been executed by all borrowers and that all riders, addendums and endorsement were present and duly executed. Mission confirmed that Mortgage note was either fixed or adjustable according to requirements of the Client provided underwriting guidelines and captured relevant Note data specific to each loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.3 Mortgage & Deed of Trust

Mission verified the presence of a copy Mortgage or Deed of Trust and confirmed that the documents were executed by all required parties and that all riders, addendums and exhibits as required exist in the loan file. Mission also verified that the Mortgage was recorded or sent for recording. Given the recent origination of many of the loans contained only an executed Mortgage not a recorded document. Comments on loans where recorded Mortgage was still pending were noted in the resolution of each loan in the grading findings.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.4 Income Documentation

Income documentation is not reviewed in this loan.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.5 Asset Documentation

Mission verified the presence of asset documentation required by the Client provided underwriting guidelines in the loan file.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.6 Proof of Insurance

Mission verified the presence of insurance policies and certificates for mortgage, hazard and flood insurance on each loan depending upon the specifics of the loan. Mission confirmed that adequate coverage is present to meet the requirements of the Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Regulatory Compliance

This is an investment or business purposes loan and therefore Compliance is not a factor in this loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.1 Regulatory Compliance Disclaimer

Please be advised that Mission did not make a determination as to whether loans complied with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated herein. There can be no assurance that the review uncovered all issues relating to the origination of the mortgage loans, their compliance with applicable law and regulation and the original appraisals relating of the mortgaged properties or uncovered all relevant factors that could affect the future performance of the mortgage loans. Furthermore, the findings reached by Mission are dependent upon its receiving complete and accurate data regarding the mortgage loans from loans originators and other third parties upon which Mission is relying in reaching such findings.

Please be further advised that Mission does not employ personnel who are licensed to practice law in various jurisdictions, and the findings set forth in the reports prepared by Mission do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Mission. All final decisions as to whether to purchase or enter into a transaction related to any individual mortgage loan or the mortgage loans in the aggregate, any investment strategy and any legal conclusions, including potential liability related to the purchase or other transaction involving any such loans, shall be made solely by the Client, or other agreed upon party, that has engaged Mission to prepare its reports pursuant to its instructions and guidelines. Client, or other agreed upon party, acknowledges and agrees that the scoring models applied by Mission are designed to identify potential risk and the Client, or other agreed upon party, assumes sole responsibility for determining the suitability of the information for its particular use.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2 Misrepresentation and Third-Party Report Review

Mission verified that fraud reports were present on all loans and independent third-party property valuations reports are in the file.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.1 Misrepresentation Review

Mission validated the presence of a Fraud Guard report on each loan to identify potential misrepresentations of income, employment, identity, occupancy, transaction and appraisal misrepresentation or other areas of potential misrepresentation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.2 Alerts

Mission validated credit report alerts for accuracy and potential issues.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.3 Social Security Numbers

Mission verified SSN(s) across all file documents.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.4 Document Integrity

Mission validated to the extent possible for apparent alterations to loan documents.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.5 Data Consistency

Mission validated the documents contained in the loan file for consistency of data.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.6 Third Party Fraud Tools

To the extent a third-party Fraud Guard was present in the loan file, Mission reviewed high level or critical warnings were reviewed and addressed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Data Integrity Review

Mission was provided with a Client bid tape to conduct a Data Integrity Review. The Client provided a data tape with the following data fields and Mission compared the field to the applicable source document and reported all variances.

The following fields were provided and compared:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Borrower First Name

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Borrower Last Name

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Co-Borrower First Name

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Co-Borrower Last Name

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ # of Units Financed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Contract Sales Price

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Qualifying Debt-to-Income Ratio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Debt Service Coverage Ratio
(Business Purpose Investment loans)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Borrower Qualifying FICO

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Borrower Total Income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Occupancy

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ First Payment Date

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Primary Appraised Value for
LTV

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Note Date

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Original Note Interest Rate

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Original Loan Amount

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Qualifying CLTV

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Original P&I

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Loan Program

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Property Type

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Refinance Purpose

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Subject Property Street

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Subject Property City

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Subject Property State

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Subject Property Zip

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Loan and Exception Level Grading
Methodology

Pursuant to the applicable NRSRO criteria, Mission graded each loan exception with an event level 1 for exceptions findings that are informational in nature, event level 2 for exceptions findings that are considered non-material, event level 3 for exceptions findings that are considered material. In accordance applicable NRSRO criteria exceptions and overall initial loan grades and final loan Grades were assigned with an A, B, C or D. The methodology for the application of RMBS grading is defined by each NRSRO in their current industry publications as updated from time to time.

Pursuant to the applicable NRSRO criteria, Mission graded certain compliance exceptions as nonmaterial based on seasoning of the mortgage loan. Where applicable, mortgage loans that are seasoned beyond the applicable period under TILA in which affirmative claims could be brought by a consumer. The period is not limited for claims, other than recission, which are raised as a defense to foreclosure. Information contained in any Mission reports related to the applicable statute of limitations for certain claims may not be accurate or reflect the most recent controlling case law. Further, a particular court in a particular jurisdiction may extend, not enforce or otherwise allow claims beyond the statute of limitations identified in the report based on certain factors, including the facts and circumstances of an individual loan.

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**NRSRO GRADING METHODOLOGY**

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| | | |
|:---|:---|:---|
| **Ratings Grade \*** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans (by count) in<br> MISSION Population** |
| A | &nbsp;&nbsp; 0 | &nbsp;&nbsp; 0% |
| B | &nbsp;&nbsp; 1 | &nbsp;&nbsp;100.0% |
| C | &nbsp;&nbsp; 0 | &nbsp;&nbsp; 0% |
| D | &nbsp;&nbsp; 0 | &nbsp;&nbsp; 0% |

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO GRADE SUMMARY** | | |
| &nbsp;&nbsp;**NRSRO GRADE** | <br>&nbsp;&nbsp;**# of Loans** | <br>&nbsp;&nbsp;**% of Loans (by count) in<br> MISSION Population** |
| &nbsp;&nbsp;**CREDIT** |  |  |
| &nbsp;&nbsp;**A** | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.0% |
| &nbsp;&nbsp;**B** | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;**C** | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;**D** | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;**COMPLIANCE** |  |  |
| &nbsp;&nbsp;**A** | &nbsp;&nbsp;1 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;**B** | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;**C** | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;**D** | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;**PROPERTY/VALUE** |  |  |
| &nbsp;&nbsp;**A** | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;**B** | &nbsp;&nbsp;1 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;**C** | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;**D** | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |

---

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**DATA INTEGRITY REVIEW**

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|:---|
| &nbsp;&nbsp;**Data Compare Summary** |
| &nbsp;&nbsp;**3265_PRPM 2025-NQM4_FINAL** |
| &nbsp;&nbsp;**Run Date - 8/19/2025 14:30:00 PM** |

---

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| | | | | |
|:---|:---|:---|:---|:---|
|  **Field Label** | <br> **Loans With<br> Discrepancy** | **Total <br> Times<br> Compared** | <br> **% <br> Variance** | **Comments** |
| AllBorrowerTotalIncome | 0 | 1 | 0.00% |  |
| AmortizationTerm | 0 | 1 | 0.00% |  |
| ApplicationDate | 0 | 1 | 0.00% |  |
| B1BirthDate | 0 | 1 | 0.00% |  |
| B1Citizen | 0 | 1 | 0.00% |  |
| B1FirstName | 0 | 1 | 0.00% |  |
| B1LastName | 0 | 1 | 0.00% |  |
| B1MaritalStatus | 0 | 1 | 0.00% |  |
| B1OriginationFICO | 0 | 1 | 0.00% |  |
| B1SSN | 0 | 1 | 0.00% |  |
| CashtoClose | 0 | 1 | 0.00% |  |
| ClosingSettlementDate | 1 | 1 | 100.00% | Mission verified settlement date from data provided in closing documents. |
| DSCR | 0 | 1 | 0.00% |  |
| FirstPaymentDate | 0 | 1 | 0.00% |  |
| InitialMonthlyPIOrIOPayment | 0 | 1 | 0.00% |  |
| InterestRate | 0 | 1 | 0.00% |  |
| LenderName | 0 | 1 | 0.00% |  |
| LoanAmount | 0 | 1 | 0.00% |  |
| LoanProgram | 0 | 1 | 0.00% |  |
| LoanPurpose | 0 | 1 | 0.00% |  |
| MINNo | 0 | 1 | 0.00% |  |
| MonthlyPropertyTaxAmount | 0 | 1 | 0.00% |  |
| MortgageOriginationChannel | 0 | 1 | 0.00% |  |
| NoteDate | 0 | 1 | 0.00% |  |
| NoteType | 0 | 1 | 0.00% |  |
| NumberofUnits | 0 | 1 | 0.00% |  |
| Occupancy | 0 | 1 | 0.00% |  |

---

---

| | |
|:---|:---|
| Confidential and Privileged. Use is restricted without the written consent of the Author. | Page \| **9** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;PrepaymentPenaltyFlag | 0 | 1 | 0.00% |
| &nbsp;&nbsp;PrimaryAppraisedPropertyValue | 0 | 1 | 0.00% |
| &nbsp;&nbsp;PrimaryMortgageorRentTimes30 | 0 | 1 | 0.00% |
| &nbsp;&nbsp;PrimaryMortgageorRentTimes60 | 0 | 1 | 0.00% |
| &nbsp;&nbsp;PrimaryMortgageorRentTimes90 | 0 | 1 | 0.00% |
| &nbsp;&nbsp;PropertyAddress | 0 | 1 | 0.00% |
| &nbsp;&nbsp;PropertyCity | 0 | 1 | 0.00% |
| &nbsp;&nbsp;PropertyCounty | 0 | 1 | 0.00% |
| &nbsp;&nbsp;PropertyRights | 0 | 1 | 0.00% |
| &nbsp;&nbsp;PropertyState | 0 | 1 | 0.00% |
| &nbsp;&nbsp;PropertyZipCode | 0 | 1 | 0.00% |
| &nbsp;&nbsp;QualifyingCLTV | 0 | 1 | 0.00% |
| &nbsp;&nbsp;QualifyingFICO | 0 | 1 | 0.00% |
| &nbsp;&nbsp;ReviewedAppraisedPropertyValue | 0 | 1 | 0.00% |
| &nbsp;&nbsp;SalesPrice | 0 | 1 | 0.00% |
| &nbsp;&nbsp;Term | 0 | 1 | 0.00% |
| &nbsp;&nbsp;TotalDebtIncomeRatio | 0 | 1 | 0.00% |
| &nbsp;&nbsp;TotalMonthlyPropertyInsuranceAmount | 0 | 1 | 0.00% |
| &nbsp;&nbsp;UnderwritingGuidelineLenderName | 0 | 1 | 0.00% |
| &nbsp;&nbsp;UnderwritingGuidelineName | 0 | 1 | 0.00% |
| &nbsp;&nbsp;UnderwritingGuidelineVersionDate | 0 | 1 | 0.00% |
| &nbsp;&nbsp;VerifiedDocType | 0 | 1 | 0.00% |

---

---

| | |
|:---|:---|
| Confidential and Privileged. Use is restricted without the written consent of the Author. | Page \| **10** |

---

## Exhibit 99.10

**Exhibit 99.10 Schedule 1**

---

| |
|:---|
| ![](ex99-10sch1_001.jpg) |
| **Data Compare Detail Report** |
| **3265_PRPM 2025-NQM3_FINAL** |
| **Run Date - 6/15/2025 14:30:00 PM** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** |
| 1082772 |  |  | xx | Closing/Settlement Date | hudClosingDetailPage | xx | xx |

---

## Exhibit 99.10

**Exhibit 99.10 Schedule 2**

---

| |
|:---|
| ![](ex99-10sch2_001.jpg) |
| **Rating Agency Grades Detail Report** |
| **3265_PRPM 2025-NQM4_FINAL** |
| **Run Date - 8/19/2025 14:30:00 PM** |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** | **Unique Finding ID** |
| 1082772 |  | B A | Closed | FVAL9739 | xx | xx | Waived | 2 - Non-Material B | Property | Appraisal | Property/Appraisal General | Waived-property is assisted living, normal SFR, great property, However exception document in page 243 of Credit Package.pdf<br> - Due Diligence Vendor-10/21/2024 |  | Waived-property is assisted living, normal SFR, great property, However exception document in page 243 of Credit Package.pdf<br> - Due Diligence Vendor-10/21/2024<br>|  | No credit events past 40 months-No Credit Events such as Bankruptcy, Foreclosure, Short-Sale, Deed-in-Lieu and Loan Modification in File <br> No mortgage late payments in the last 24 months-No Consumer late payments in CBR Page #148 of Credit Package.pdf<br> LTV 10% below maximum - Calculated LTV 58.14% and Maximum LTV 80% with difference 21.86 |  | ATR/QM: Exempt | ATR/QM: Exempt | xx FL | Investment | Refinance | Cash Out - Other | Originator Pre-Close | Yes | 2643623 |

---

## Exhibit 99.10

**Exhibit 99.10 Schedule 3**

---

| |
|:---|
| ![](ex99-10sch3_001.jpg) |
| **Rating Agency Grades Summary Report** |
| **3265_PRPM 2025-NQM4_FINAL** |
| **Run Date - 8/19/2025 14:30:00 PM** |

---

---

| | | | |
|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **Loan ID** | **Investor ID** | **Seller Loan ID** | **Original Loan Amount** |
| 1082772 |  |  | xx A B |

---

## Exhibit 99.10

**Exhibit 99.10 Schedule 4**

---

| |
|:---|
| ![](ex99-10sch4_001.jpg) |
| **VALUATION REPORT** |
| **3265_PRPM 2025-NQM4_FINAL** |
| **Run Date - 8/19/2025 14:30:00 PM** |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **SECOND APPRAISAL VALUE** |  |  |  |  | **AVM VALUES** | **AVM VALUES** | **AVM VALUES** | **AVM VALUES** | **AVM VALUES** | **AVM VALUES** | **AVM VALUES** | **AVM VALUES** | **DESK REVIEW VALUES** | **DESK REVIEW VALUES** | **DESK REVIEW VALUES** | **DESK REVIEW VALUES** | **DESK REVIEW VALUES** | **DESK REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **SECOND FIELD REVIEW VALUES** | **SECOND FIELD REVIEW VALUES** | **SECOND FIELD REVIEW VALUES** | **SECOND FIELD REVIEW VALUES** | **SECOND FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **COLLATERAL UNDERWRITER SCORES** | **COLLATERAL UNDERWRITER SCORES** | **COLLATERAL UNDERWRITER SCORES** |
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Completion Report (1004D) Date** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Value for LTV** | **LTV** | **CLTV** | **Primary Appraisal Date** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Vendor** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** |
| 1082772 |  |  | xx | xx |  |  | 0 | xx | xx | 58.14 | 58.14 | xx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.6 |

---

## Exhibit 99.10

**Exhibit 99.10 Schedule 5**

---

| |
|:---|
| ![](ex99-10sch5_001.jpg) |
| **Data Compare Summary** |
| **3265_PRPM 2025-NQM4_FINAL** |
| **Run Date - 8/19/2025 14:30:00 PM** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Field Label** | **Loans With Discrepancy** | **Total Times Compared** | **% Variance** | **Comments** |
| AllBorrowerTotalIncome | 0 | 1 | 0.00% |  |
| AmortizationTerm | 0 | 1 | 0.00% |  |
| ApplicationDate | 0 | 1 | 0.00% |  |
| B1BirthDate | 0 | 1 | 0.00% |  |
| B1Citizen | 0 | 2 | 0.00% |  |
| B1FirstName | 0 | 2 | 0.00% |  |
| B1LastName | 0 | 2 | 0.00% |  |
| B1MaritalStatus | 0 | 1 | 0.00% |  |
| B1OriginationFICO | 0 | 1 | 0.00% |  |
| B1SSN | 0 | 1 | 0.00% |  |
| CashtoClose | 0 | 1 | 0.00% |  |
| ClosingSettlementDate | 1 | 1 | 100.00% | Mission verified settlement date from data provided in closing documents. |
| DSCR | 0 | 2 | 0.00% |  |
| FirstPaymentDate | 0 | 2 | 0.00% |  |
| InitialMonthlyPIOrIOPayment | 0 | 2 | 0.00% |  |
| InterestRate | 0 | 2 | 0.00% |  |
| LenderName | 0 | 1 | 0.00% |  |
| LoanAmount | 0 | 2 | 0.00% |  |
| LoanProgram | 0 | 1 | 0.00% |  |
| LoanPurpose | 0 | 2 | 0.00% |  |
| MINNo | 0 | 1 | 0.00% |  |
| MonthlyPropertyTaxAmount | 0 | 1 | 0.00% |  |
| MortgageOriginationChannel | 0 | 1 | 0.00% |  |
| NoteDate | 0 | 2 | 0.00% |  |
| NoteType | 0 | 1 | 0.00% |  |
| NumberofUnits | 0 | 2 | 0.00% |  |
| Occupancy | 0 | 2 | 0.00% |  |
| PrepaymentPenaltyFlag | 0 | 1 | 0.00% |  |
| PrimaryAppraisedPropertyValue | 0 | 2 | 0.00% |  |
| PrimaryMortgageorRentTimes30 | 0 | 1 | 0.00% |  |
| PrimaryMortgageorRentTimes60 | 0 | 1 | 0.00% |  |
| PrimaryMortgageorRentTimes90 | 0 | 1 | 0.00% |  |
| PropertyAddress | 0 | 2 | 0.00% |  |
| PropertyCity | 0 | 2 | 0.00% |  |
| PropertyCounty | 0 | 2 | 0.00% |  |
| PropertyRights | 0 | 1 | 0.00% |  |
| PropertyState | 0 | 2 | 0.00% |  |
| PropertyZipCode | 0 | 2 | 0.00% |  |
| QualifyingCLTV | 0 | 1 | 0.00% |  |
| QualifyingFICO | 0 | 1 | 0.00% |  |
| ReviewedAppraisedPropertyValue | 0 | 1 | 0.00% |  |
| SalesPrice | 0 | 1 | 0.00% |  |
| Term | 0 | 1 | 0.00% |  |
| TotalDebtIncomeRatio | 0 | 1 | 0.00% |  |
| TotalMonthlyPropertyInsuranceAmount | 0 | 1 | 0.00% |  |
| UnderwritingGuidelineLenderName | 0 | 1 | 0.00% |  |
| UnderwritingGuidelineName | 0 | 1 | 0.00% |  |
| UnderwritingGuidelineVersionDate | 0 | 1 | 0.00% |  |
| VerifiedDocType | 0 | 1 | 0.00% |  |

---

## Exhibit 99.11

**Exhibit 99.11**

**Annex #1 to Form ABS Due Diligence 15E**

Item 4. Description of the due diligence services performed

Provide a description of the scope and manner of the due diligence services performed in connection with the review of assets that is sufficiently detailed to provide an understanding of the steps taken in performing the review. Include in the description:

(1) The type of assets that were reviewed;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; a. The assets reviewed in this population were one-to-four family residential mortgage loans.

(2) The sample size of the assets reviewed;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; a. The sample consisted of 22 mortgage loans

(3) How the sample size was determined and, if applicable, computed;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; a. OneDiligence, LLC performed the due diligence scope on the full loan population

(4) Whether the accuracy of information or data about the assets provided, directly or indirectly, by the securitizer or originator of the assets was reviewed and, if so, how the review was conducted;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. The accuracy of the information provided by the securitizer was verified through examination of the land records.

(5) Whether the conformity of the origination of the assets to stated underwriting or credit extension guidelines, standards, criteria or other requirements was reviewed and, if so, how the review was conducted;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; a. Item 5 is not applicable within scope of review

(6) Whether the value of collateral securing such assets was reviewed and, if so, how the review was conducted;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; a. Item 6 is not applicable within scope of review

(7) Whether the compliance of the originator of the assets with federal, state, and local laws and regulations was reviewed and, if so, how the review was conducted;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; a. Item 7 is not applicable within scope of review

(8) Any other type of review that was part of the due diligence services conducted by the person executing this Form.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; a. Please refer to Item 5 of Form ABS Due Diligence 15E.

OneDiligence, LLC - 9550 Regency Square Blvd Suite 906, Jacksonville, FL 32225

![](ex99-11_001.jpg)

**Annex #2 to Form ABS Due Diligence 15E**

Item 5. Summary of findings and conclusions of review

OneDiligence, LLC was engaged by PRP-LB VI AIV, LLC (The Requestor) as diligence provider to order and review title reports for a population of 22 one-to-four family residential mortgage loans (the "Subject Loans"). As of review date, OneDiligence, LLC has received and reviewed a total of 22 Current Owner searches with up to date title and tax information on each loan. Title Policy was reviewed for any and all loans that had exceptions prior to Subject loan origination as shown in the table attached to this form.

With respect to these 22 loans:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. As set forth in the title reports, the subject mortgage is recorded in the appropriate recording jurisdiction for all mortgages examined.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. As set forth in the title reports, the subject mortgage is in 1st lien position, with the exception of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. 2 mortgage loans for which potentially superior post origination liens/judgments were found of record.
ProTitleUSA has confirmed that the state statutes referenced by Client are current statutes. ProTitleUSA has applied the effective dates
and statutes of limitations referenced by Client without making a legal determination as to the rights of priorities of a potential lender,
investor, or purchaser of interests in real estate and for those mortgage loans, the total amount of such potentially superior post origination
recorded liens/judgments is $438.37.

Scope for due diligence work:

This limited-scope was for around reviewing the most recent title reports provided by ProTitleUSA, Inc. Based on the title report, we captured the current lien position, potential assignment chain concerns, concerns with recordation and legal ownership; and any current and delinquent taxes.

Based on the searches for these loans, if any issue was identified the client was made aware and has made arrangements to assure the curative action has been taken. Based on the review, it was determined that there were <u>no</u> non-curable significant issues on the mortgaged properties.

Thank you, OneDiligence, LLC

About OneDiligence, LLC,

Legal entity name: OneDiligence, LLC

One Diligence, LLC, a subsidiary of ProTitleUSA, is a rated TPR firm using the latest Machine Learning and Data Extraction technologies which enables experienced underwriters to review loans much faster. With ProTitleUSA's automation and expertise of tax and title reviews, DocSolutionUSA's expertise of recorded documents, notes and title policy reviews, as well as the credit and compliance expertise of One Diligence's underwriting staff, One Diligence, LLC holds a very high standard on reliable, timely, versatile and competent reviews of real estate loans.

OneDiligence LLC - 9550 Regency Square Blvd Suite 906, Jacksonville, FL 32225

---

| | |
|:---|:---|
| ![](ex99-11_002.jpg) | **Exhibit A** |

---

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan # | State | MTG Lien<br> Position | MTG<br> Released? | Count of<br> Pre-<br> Origination<br> MTG Liens | Count of<br> Pre-<br> Origination<br> Non-MTG<br> Liens | TPOL<br> Reviewed? | TPOL<br> Exception to<br> Pre-<br> Origination<br> MTG/Non-<br> MTG Liens? | Post-<br> Origination<br> Non-MTG<br> Liens<br> (Yes/No) | Superlien<br> State?<br> (Yes/No) | HOA<br> Lien? | Muni<br> Lien? | Delinquent<br> Tax Amount |
| 1 | FL | 1 | No | 0 | 0 | N/A | N/A | No | Yes | No | No | $- |
| 2 | TX | 1 | No | 0 | 0 | Yes | No | No | Yes | No | No | $- |
| 3 | CA | 3 | No | 2 | 0 | Yes | Yes | No | No | No | No | $- |
| 4 | NC | 1 | No | 0 | 0 | N/A | N/A | No | No | No | No | $- |
| 5 | MI | 1 | No | 0 | 0 | N/A | N/A | No | No | No | No | $- |
| 6 | FL | 1 | No | 0 | 0 | N/A | N/A | No | Yes | No | No | $- |
| 7 | MD | 1 | No | 0 | 0 | N/A | N/A | Yes | Yes | No | Yes-1 | $- |
| 8 | IL | 1 | No | 0 | 0 | Yes | No | No | Yes | No | No | $- |
| 9 | FL | 1 | No | 0 | 0 | N/A | N/A | No | Yes | No | No | $- |
| 10 | IL | 1 | No | 0 | 0 | Yes | No | No | Yes | No | No | $- |
| 11 | NJ | 1 | No | 0 | 0 | N/A | N/A | Yes | Yes | No | Yes-1 | $- |
| 12 | NJ | 1 | No | 0 | 0 | N/A | N/A | No | Yes | No | No | $- |
| 13 | CA | 1 | No | 0 | 0 | N/A | N/A | No | No | No | No | $- |
| 14 | UT | 1 | No | 0 | 0 | Yes | Yes | No | No | No | No | $- |
| 15 | CA | 1 | No | 0 | 0 | N/A | N/A | No | No | No | No | $- |
| 16 | MI | 2 | No | 1 | 0 | Yes | Yes | Yes | No | No | No | $- |
| 17 | CA | 1 | No | 0 | 0 | N/A | N/A | No | No | No | No | $- |
| 18 | WI | 1 | No | 0 | 0 | N/A | N/A | No | No | No | No | $- |
| 19 | VA | 1 | No | 0 | 0 | N/A | N/A | No | No | No | No | $- |
| 20 | CO | 1 | No | 0 | 0 | N/A | N/A | No | Yes | No | No | $- |
| 21 | CO | 1 | No | 0 | 0 | N/A | N/A | No | Yes | No | No | $- |
| 22 | VA | 1 | No | 0 | 0 | N/A | N/A | No | No | No | No | $- |

---

## Exhibit 99.11

**Exhibit 99.11 Schedule 1**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| ![https:\|\|onediligence.com\|img\|logo.png](ex99-11sch1_001.jpg) | ![https:\|\|onediligence.com\|img\|logo.png](ex99-11sch1_001.jpg) | ![https:\|\|onediligence.com\|img\|logo.png](ex99-11sch1_001.jpg) |  |  |  |  |  |  |
| **Client Ln#** | **Order#** | **Deal ID** | **Review Date** | **Parcel** | **Tax Cert Delinquency?** | **Tax Lien Amount** | **Delinquent Tax Amount** | **Amount Good Through Date** |
| 1 | REDACTED | REDACTED | REDACTED | REDACTED | N | $- | $- | N/A |
| 2 | REDACTED | REDACTED | REDACTED | REDACTED | N | $- | $- | N/A |
| 3 | REDACTED | REDACTED | REDACTED | REDACTED | N | $- | $- | N/A |
| 4 | REDACTED | REDACTED | REDACTED | REDACTED | N | $- | $- | N/A |
| 5 | REDACTED | REDACTED | REDACTED | REDACTED | N | $- | $- | N/A |
| 6 | REDACTED | REDACTED | REDACTED | REDACTED | N | $- | $- | N/A |
| 7 | REDACTED | REDACTED | REDACTED | REDACTED | N | $- | $- | N/A |
| 8 | REDACTED | REDACTED | REDACTED | REDACTED | N | $- | $- | N/A |
| 9 | REDACTED | REDACTED | REDACTED | REDACTED | N | $- | $- | N/A |
| 10 | REDACTED | REDACTED | REDACTED | REDACTED | N | $- | $- | N/A |
| 11 | REDACTED | REDACTED | REDACTED | REDACTED | N | $- | $- | N/A |
| 12 | REDACTED | REDACTED | REDACTED | REDACTED | N | $- | $- | N/A |
| 13 | REDACTED | REDACTED | REDACTED | REDACTED | N | $- | $- | N/A |
| 14 | REDACTED | REDACTED | REDACTED | REDACTED | N | $- | $- | N/A |
| 15 | REDACTED | REDACTED | REDACTED | REDACTED | N | $- | $- | N/A |
| 16 | REDACTED | REDACTED | REDACTED | REDACTED | N | $- | $- | N/A |
| 17 | REDACTED | REDACTED | REDACTED | REDACTED | N | $- | $- | N/A |
| 18 | REDACTED | REDACTED | REDACTED | REDACTED | N | $- | $- | N/A |
| 19 | REDACTED | REDACTED | REDACTED | REDACTED | N | $- | $- | N/A |
| 20 | REDACTED | REDACTED | REDACTED | REDACTED | N | $- | $- | N/A |
| 21 | REDACTED | REDACTED | REDACTED | REDACTED | N | $- | $- | N/A |
| 22 | REDACTED | REDACTED | REDACTED | REDACTED | N | $- | $- | N/A |

---

## Exhibit 99.11

**Exhibit 99.11 Schedule 2**

---

| | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| ![https:\|\|onediligence.com\|img\|logo.png](ex99-11sch2_001.jpg) | ![https:\|\|onediligence.com\|img\|logo.png](ex99-11sch2_001.jpg) | ![https:\|\|onediligence.com\|img\|logo.png](ex99-11sch2_001.jpg) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **Client Loan#** | **Order#** | **Deal ID** | **Review Date** | **Note Date** | **Original Loan Amount** | **State** | **Expected MTG Lien Position** | **Pre-Origination Findings** | **MTG Lien Position** | **MTG Released?** | **Count of Pre-Origination MTG Liens** | **Total Dollar Amount of Pre-Origination MTG Lien(s)** | **Count of Pre-Origination Non-MTG Liens** | **Total Dollar Amount of Pre-Origination Non-MTG Lien(s)** | **TPOL Review Needed?** | **TPOL Reviewed?** | **TPOL Exception to Pre-Origination MTG/Non-MTG Liens?** | **Specific TPOL Exceptions** | **Post-Origination Non-MTG Liens (Yes/No)** | **Superlien State? (Yes/No)** | **HOA Lien?** | **HOA Amount** | **Muni Lien?** | **Muni Amount** |
| 1 | REDACTED | REDACTED | REDACTED | REDACTED | REDACTED | FL | 1 |  | 1 | No | 0 | $- | 0 | $- | No | N/A | N/A | N/A | No | Yes | No | $- | No | $- |
| 2 | REDACTED | REDACTED | REDACTED | REDACTED | REDACTED | TX | 1 |  | 1 | No | 0 | $- | 0 | $- | Yes | Yes | No | N/A | No | Yes | No | $- | No | $- |
| 3 | REDACTED | REDACTED | REDACTED | REDACTED | REDACTED | CA | 1 | xx | 3 | No | 2 | xx | 0 | $- | Yes | Yes | Yes | N/A | No | No | No | $- | No | $- |
| 4 | REDACTED | REDACTED | REDACTED | REDACTED | REDACTED | NC | 1 |  | 1 | No | 0 | $- | 0 | $- | No | N/A | N/A | N/A | No | No | No | $- | No | $- |
| 5 | REDACTED | REDACTED | REDACTED | REDACTED | REDACTED | MI | 1 |  | 1 | No | 0 | $- | 0 | $- | No | N/A | N/A | N/A | No | No | No | $- | No | $- |
| 6 | REDACTED | REDACTED | REDACTED | REDACTED | REDACTED | FL | 1 |  | 1 | No | 0 | $- | 0 | $- | No | N/A | N/A | N/A | No | Yes | No | $- | No | $- |
| 7 | REDACTED | REDACTED | REDACTED | REDACTED | REDACTED | MD | 1 |  | 1 | No | 0 | $- | 0 | $- | No | N/A | N/A | N/A | Yes | Yes | No | $- | Yes-1 | xx |
| 8 | REDACTED | REDACTED | REDACTED | REDACTED | REDACTED | IL | 1 |  | 1 | No | 0 | $- | 0 | $- | Yes | Yes | No | N/A | No | Yes | No | $- | No | $- |
| 9 | REDACTED | REDACTED | REDACTED | REDACTED | REDACTED | FL | 1 |  | 1 | No | 0 | $- | 0 | $- | No | N/A | N/A | N/A | No | Yes | No | $- | No | $- |
| 10 | REDACTED | REDACTED | REDACTED | REDACTED | REDACTED | IL | 1 |  | 1 | No | 0 | $- | 0 | $- | Yes | Yes | No | N/A | No | Yes | No | $- | No | $- |
| 11 | REDACTED | REDACTED | REDACTED | REDACTED | REDACTED | NJ | 1 |  | 1 | No | 0 | $- | 0 | $- | No | N/A | N/A | N/A | Yes | Yes | No | $- | Yes-1 | xx |
| 12 | REDACTED | REDACTED | REDACTED | REDACTED | REDACTED | NJ | 1 |  | 1 | No | 0 | $- | 0 | $- | No | N/A | N/A | N/A | No | Yes | No | $- | No | $- |
| 13 | REDACTED | REDACTED | REDACTED | REDACTED | REDACTED | CA | 1 |  | 1 | No | 0 | $- | 0 | $- | No | N/A | N/A | N/A | No | No | No | $- | No | $- |
| 14 | REDACTED | REDACTED | REDACTED | REDACTED | REDACTED | UT | 1 |  | 1 | No | 0 | $- | 0 | $- | Yes | Yes | Yes | N/A | No | No | No | $- | No | $- |
| 15 | REDACTED | REDACTED | REDACTED | REDACTED | REDACTED | CA | 1 |  | 1 | No | 0 | $- | 0 | $- | No | N/A | N/A | N/A | No | No | No | $- | No | $- |
| 16 | REDACTED | REDACTED | REDACTED | REDACTED | REDACTED | MI | 1 | xx | 2 | No | 1 | xx | 0 | $- | Yes | Yes | Yes | N/A | Yes | No | No | $- | No | xx |
| 17 | REDACTED | REDACTED | REDACTED | REDACTED | REDACTED | CA | 1 |  | 1 | No | 0 | $- | 0 | $- | No | N/A | N/A | N/A | No | No | No | $- | No | $- |
| 18 | REDACTED | REDACTED | REDACTED | REDACTED | REDACTED | WI | 1 |  | 1 | No | 0 | $- | 0 | $- | No | N/A | N/A | N/A | No | No | No | $- | No | $- |
| 19 | REDACTED | REDACTED | REDACTED | REDACTED | REDACTED | VA | 1 |  | 1 | No | 0 | $- | 0 | $- | No | N/A | N/A | N/A | No | No | No | $- | No | $- |
| 20 | REDACTED | REDACTED | REDACTED | REDACTED | REDACTED | CO | 1 |  | 1 | No | 0 | $- | 0 | $- | No | N/A | N/A | N/A | No | Yes | No | $- | No | $- |
| 21 | REDACTED | REDACTED | REDACTED | REDACTED | REDACTED | CO | 1 |  | 1 | No | 0 | $- | 0 | $- | No | N/A | N/A | N/A | No | Yes | No | $- | No | $- |
| 22 | REDACTED | REDACTED | REDACTED | REDACTED | REDACTED | VA | 1 |  | 1 | No | 0 | $- | 0 | $- | No | N/A | N/A | N/A | No | No | No | $- | No | $- |

---

## Exhibit 99.12

**Exhibit 99.12**

![](ex99-12_001.jpg)

**Selene Diligence LLC ("Selene") Due <br> Diligence Review Narrative ("Report")**

Selene's Report, which is to be made available to the recipients by the Client, includes the loan level results of Selene's independent, third-party due diligence review conducted on behalf of the Client. The scope of review for these loans is as follows:

**DESCRIPTION OF SERVICES:**

&nbsp;&nbsp;&nbsp;&nbsp;**(1) Type of assets that were reviewed.**

Selene Diligence LLC performed certain due diligence services described below on residential mortgage loans originated by numerous entities and obtained by PRP-LB VI AIV, LLC ("Client"). The review was conducted between August 2023 and July 2025 via files imaged and provided for review (the "Review").

&nbsp;&nbsp;&nbsp;&nbsp;**(2) Sample size of the assets reviewed.**

This Review consisted of 100% of the loan population.

**FINAL SECURITIZATION POPULATION**

Selene was instructed to perform a review on a population totaling 73 Non-QM loans and 26 ATR-QM exempt loans for A total of 99 loans the "Final Securitization Population".

*<u>Credit Reviews (99):</u>*

During the Review, Selene performed a credit review on 99 mortgage loans in the Final Securitization Population.

*<u>Compliance Review (99)</u>*

During the Review, Selene performed a compliance review, when applicable on 99 mortgage loans in the Final Securitization Population.

*<u>Valuation Reviews (99):</u>*

During the Review, Selene performed a property valuation review on 99 mortgage loans in the Final Securitization Population.

*<u>Data Integrity Review (99):</u>*

During the Review, Selene performed a Data Integrity Review on 99 mortgage loans in the Final Securitization Population.

**<u>FINAL SECURITIZATION POPULATION</u>**

After Selene's initial review was completed, the Client provided Selene with a confirmed list of 99 mortgage loans that formed the Final Securitization Population. The table below summarizes the reviews conducted by Selene.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Review** | &nbsp;&nbsp;**Reviewed Total** | &nbsp;&nbsp;**% of Final Securitization Population** |
| &nbsp;&nbsp;Credit Population | &nbsp;&nbsp;99 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Compliance Population | &nbsp;&nbsp;99 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Valuation Population | &nbsp;&nbsp;99 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Data Integrity Population | &nbsp;&nbsp;99 | &nbsp;&nbsp;100% |

---

&nbsp;&nbsp;&nbsp;&nbsp;**(3) Determination of the sample size and computation.**

The Review was conducted with sample size criteria that has been communicated by the Client to Selene to be consistent with the criteria for the nationally recognized statistical ratings organizations identified in Item 3 of the ABS Due Diligence-15E.s, Moody's Investors Service, Inc. ("Moodys") (the "NRSRO(s)").

&nbsp;&nbsp;&nbsp;&nbsp;**(4) Quality or integrity of information or data about the assets: review and methodology.**

Where available, Selene compared the data fields on the bid tape provided by the Client to the data found in the actual loan file as captured by Selene. This information may not have been available for all mortgage loans.

&nbsp;&nbsp;&nbsp;&nbsp;**(5) Origination of the assets and conformity to stated underwriting or credit extension guidelines, standards, criteria or other requirements: review and methodology.**

Selene assessed the underwriting guidelines and compared the documentation in the loan file against the stated guidelines for adherence.

**<u>GUIDELINES</u>**

ACC Underwriting Guidelines, EasyRent DSCR Guidelines, Loanstream One Guidelines, Deephaven Underwriting Guidelines, West One Capital Non-QM Guidelines, Choice Non-QM Underwriting Guidelines (the "Guidelines")

**<u>LOAN GRADING</u>**

The Guidelines referenced above served as the benchmark for grading loans with respect to credit, compliance, underwriting, property valuation and data integrity. Each loan received an "initial" and a "final" grade. The "initial" grade was assigned during the initial loan review. The "final" grade considers additional information and supporting documentation that may have been provided by the originators to clear outstanding conditions. Selene's loan grading is solely based on Selene's independent assessment of all Guideline exceptions and compensating factors for each of the component reviews. Selene is providing a comprehensive loan-level analysis that includes initial grades, final grades and detailed commentary on the rationale for any changes in grades and sets forth compensating factors and waivers.

Page 2 of **16**

**<u>SCOPE OF REVIEW</u>**

Selene examined the selected loan files with respect to the presence or absence of relevant documents, enforceability of mortgage loan documents, and accuracy and completeness of data fields. Selene relied on the accuracy of information contained in loan documentation provided to Selene (for more detail, please refer to Appendix A,B, and C, attached hereto).

&nbsp;&nbsp;**CREDIT REVIEW**

Selene's credit scope of review conducted on this transaction included the following elements:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Assessed whether the characteristics of the
mortgage loans and the borrowers conformed to the Guidelines cited above;

• Re-calculated
LTV, CLTV, income, liabilities and compared these against the Guidelines;

• Analyzed asset statements to determine whether
funds to close and reserves were within the Guidelines;

• Confirmed
that credit scores (FICO) and credit histories were within the Guidelines.

&nbsp;&nbsp;**COMPLIANCE REVIEW**

Selene's compliance scope determined whether the mortgage loans comply with the Federal Truth in Lending Act, the Federal Real Estate Settlement Procedures Act, Sections 1098 and 1100A of Dodd Frank, Sections 1411 and 1412 of the Wall Street Reform and Consumer Protection Act, and the Equal Credit Opportunity Act.

&nbsp;&nbsp;**PROPERTY VALUATION REVIEW**

Selene's Property Valuation scope of review conducted on this transaction included the following elements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Original Appraisal Assessment** 

Selene reviewed the original appraisal provided to determine whether the original appraisal was complete, thorough and the original appraised value was reasonably supported.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Value Supported Analysis** 

Selene applied a cascade methodology to determine if the original appraised value was reasonably supported when compared to an independent third-party valuation product provided by the Client.

Page 3 of **16**

&nbsp;&nbsp;**DATA INTEGRITY REVIEW**

Selene uploads tape data into its due diligence application and compares it to the actual documents provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Tape
data received from lender/client is stored in a secured FTP folder;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Tape
data is uploaded into the application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Loan
Reviewer collects validated loan data;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Each
received data point is compared to its counterpart collected data point; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Discrepancies
found during comparison are stored and reported.

Selene provided the Client with a copy of the initial loan level tape discrepancy report which shows the differences between the data received by the Client versus the data captured by Selene during the loan review.

**<u>SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW</u>**

The NRSRO criteria referenced for this report and utilized for grading descriptions is based upon the requirements of the NRSROs.

With respect to the Final Securitization Population, Selene conducted (i) a Credit Review on 99 mortgage loans, (ii) a Compliance Review on 99 mortgage loans (iii) a Valuation Review on 99 mortgage loans, and (iv) a Data Integrity Review on 99 mortgage loans; the results of these reviews are discussed below. All grades shown below are based upon the NRSRO grading methodologies utilized by the NRSROs.

**REVIEW RESULTS SUMMARY**

After review of the 99 mortgage loans; 86 mortgage loans had a rating grade of A, 13 mortgage loan had a rating grade of B, 0 mortgage loans had a rating grade of C, and 0 mortgage loans had a rating grade of D.

***Grades per loan (99 overall loans)***:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** |
| &nbsp;&nbsp;**NRSRO<br> Grade** | &nbsp;&nbsp;**Moody's** | &nbsp;&nbsp;**%** | &nbsp;&nbsp;**NRSRO<br> Grade** | &nbsp;&nbsp;**Moody's** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;20 | &nbsp;&nbsp;20.20% | &nbsp;&nbsp;A | &nbsp;&nbsp;86 | &nbsp;&nbsp;86.87% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;1.01% | &nbsp;&nbsp;B | &nbsp;&nbsp;13 | &nbsp;&nbsp;13.13% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;14 | &nbsp;&nbsp;14.14% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;64 | &nbsp;&nbsp;64.65% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

Page 4 of **16**

***Final Grades per loan broken out by compliance, credit and property:***

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | &nbsp;&nbsp;**FINAL RA GRADES - COMPLIANCE** | &nbsp;&nbsp;**FINAL RA GRADES - COMPLIANCE** | | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** |
| <br>&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Moody's** | &nbsp;&nbsp;**%** | <br>&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Moody's** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;96 | &nbsp;&nbsp;96.97% | &nbsp;&nbsp;A | &nbsp;&nbsp;89 | &nbsp;&nbsp;89.90% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;3 | &nbsp;&nbsp;3.03% | &nbsp;&nbsp;B | &nbsp;&nbsp;10 | &nbsp;&nbsp;10.10% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**FINAL RA GRADES - PROPERTY** | &nbsp;&nbsp;**FINAL RA GRADES - PROPERTY** |
| &nbsp;&nbsp;**NRSRO<br> Grade** | &nbsp;&nbsp;**Moody's** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;99 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

**<u>REVIEW RESULTS SUMMARY (EXCEPTION LISTING)</u>**

Review of the Final Grading Summary (redacted) provides the exceptions in detail and the migration from the initial rating agency grade to the final rating agency grade, based on mitigation/resolution from the client.

*Disclaimer:* Please be advised that Selene did not make a determination as to whether the mortgage loans complied with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated below. There can be no assurance that the Review uncovered all relevant factors relating to the origination of the mortgage loans, their compliance with all applicable laws and regulations and the original appraisals relating to the mortgaged properties or uncovered all relevant factors that could affect the future performance of the mortgage loans. Furthermore, the findings reached by Selene are dependent upon its receiving complete and accurate data regarding the mortgage loans from mortgage loan originators and other third parties upon which Selene is relying in reaching such findings.

Page 5 of **16**

Please be further advised that Selene does not employ personnel who are licensed to practice law in the various jurisdictions, and the findings set forth in the reports prepared by Selene do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Selene. Information contained in any Selene report related to the applicable statute of limitations for certain claims may not be accurate or reflect the most recent controlling case law. Further, a particular court in a particular jurisdiction may extend, not enforce or otherwise allow claims beyond the statute of limitations identified in the report based on certain factors, including the facts and circumstances of an individual mortgage loan. Risk levels associated with a loan may have changed an exception level, given rating agency published guidance, written guidance, or other guidance from the rating agency team on the transaction. All final decisions as to whether to purchase or enter into a transaction related to any individual mortgage loan or the mortgage loans in the aggregate, any investment strategy and any legal conclusions, including the potential liability related to the purchase or other transaction involving any such mortgage loan or mortgage loans, shall be made solely by the Client, or other agreed upon party, that has engaged Selene to prepare its reports pursuant to its instructions and Guidelines. The Client, or other agreed upon party, acknowledges and agrees that the scoring models applied by Selene are designed to identify potential risk and the Client, or other agreed upon party, assumes sole responsibility for determining the suitability of the information for its particular use. Selene does not make any representation or warranty as to the value of any mortgage loan or mortgage loans collateral that has been reviewed by Selene.

**<u>THIRD PARTY REVIEW REPORTING DELIVERED</u>**

Selene furnished the following reports on this transaction:

1. Selene Due Diligence Narrative Report

2. ASF Report

3. Grading Summary

4. Exception Detail

5. Tape Discrepancies

6. Valuations Report

7. Supplemental Data

8. Third Party (TPR) Attestation Form

9. Attestation Form 15E

Page 6 of **16**

**APPENDIX A – CREDIT REVIEW SCOPE**

Selene reviewed the origination documentation contained in the mortgage loan file to determine conformity to the stated underwriting or credit extension guidelines, standards, criteria or other requirements that are provided to Selene and/or as directed by Client. When applicable, a review of the mortgage loan file to the Automated Underwriting System output within the file was also performed.

**Credit Application**

For the Credit Application, Selene verified whether:

&nbsp;&nbsp;&nbsp;&nbsp;1. The application is signed by all listed borrowers;

&nbsp;&nbsp;&nbsp;&nbsp;2. The application is substantially filled out; and

&nbsp;&nbsp;&nbsp;&nbsp;3. All known borrower-owned properties are disclosed on the Real Estate Owned section.

**Credit Report**

Selene verified:

&nbsp;&nbsp;&nbsp;&nbsp;1. A credit report and/or other credit history documentation is present for each borrower;

&nbsp;&nbsp;&nbsp;&nbsp;2. Capture the monthly consumer debt payments for use in the debt to income and/or residual income calculation,
as applicable;

&nbsp;&nbsp;&nbsp;&nbsp;3. Note the Real Estate Owned and fraud alerts; and

&nbsp;&nbsp;&nbsp;&nbsp;4. Gather data required for ASF Report submission which may include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) Most recent FICO Score (scores from Equifax, Experian, and Transunion if available)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) Most recent FICO date

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) Longest Trade Line

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) Maximum Trade Line

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e) Number of trade lines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f) Credit Usage Ratio

**Employment and Income**

Selene determined whether all applicable supporting documentation as required by the guidelines is in the file and note indications of potentially fraudulent documents. The documentation was also be used to verify whether the income used to qualify the loan was calculated in accordance with applicable guidelines. Documentation verifying employment and income may include:

&nbsp;&nbsp;&nbsp;&nbsp;1. Verbal or Written VOE's

&nbsp;&nbsp;&nbsp;&nbsp;2. Pay stubs

&nbsp;&nbsp;&nbsp;&nbsp;3. W-2 forms

&nbsp;&nbsp;&nbsp;&nbsp;4. Tax returns

&nbsp;&nbsp;&nbsp;&nbsp;5. Financial statements

&nbsp;&nbsp;&nbsp;&nbsp;6. Award letters

&nbsp;&nbsp;&nbsp;&nbsp;7. Bank statements

Page 7 of **16**

**Asset Review**

Selene assessed whether the asset documentation required by the guidelines is present in the file. In addition, a review of the reserve calculation was performed. Documentation verifying assets for down payment, closing costs, prepaid items and reserves may include:

&nbsp;&nbsp;&nbsp;&nbsp;1. VOD's

&nbsp;&nbsp;&nbsp;&nbsp;2. Depository account statements

&nbsp;&nbsp;&nbsp;&nbsp;3. Stock or security account statements

&nbsp;&nbsp;&nbsp;&nbsp;4. Gift funds

&nbsp;&nbsp;&nbsp;&nbsp;5. Settlement statement or other evidence of conveyance and transfer of funds if a sale of assets was involved

**Hazard/Flood insurance** 

A review of the insurance present on the loan was also be performed:

&nbsp;&nbsp;&nbsp;&nbsp;1. Verify that the hazard insurance meets the minimum required amount of coverage in the guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;2. For condominium properties, confirm that the blanket policy meets the minimum amount of coverage;

&nbsp;&nbsp;&nbsp;&nbsp;3. Confirm that the flood cert is for the correct borrower, property, lender and loan number and is a "Life
of Loan" certification;

&nbsp;&nbsp;&nbsp;&nbsp;4. For properties is in a flood zone per the flood cert, confirm that flood insurance in the file meets the
minimum required amount of coverage and meets guideline requirements;

&nbsp;&nbsp;&nbsp;&nbsp;5. Confirm that the mortgagee clause lists the lender's name and "its successors and assigns";
and

&nbsp;&nbsp;&nbsp;&nbsp;6. Confirm that the premium amount on both the hazard and flood insurance match what was used in the DTI
calculations.

**Title**

Verified whether the appropriate vestee is on the title document: if a purchase, the seller; if a refinance, the borrower and review the Title Commitment for the disclosure issues.

**Fraud**

To the extent potentially fraudulent activity is identified as part of the document review, such information was reported to Client. In addition, when required, Selene looked for an independent, third party fraud report in each file and will review the results of the fraud report in conjunction with source documents found in the file to assess the likelihood of any misrepresentations associated with the origination of the loan. If the loan does not contain a fraud report and the counterparty cannot produce one, Selene conditioned the loan for the missing product.

On this Fraud report Selene:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Reviewed
for any name variations for the borrowers and confirm that the variations have been addressed in the loan file;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Reviewed
for any social security number variations for the borrowers and confirm that the variations have been addressed in the loan file;

Page 8 of **16**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Reviewed
for any potential occupancy issues based on the borrowers' address history and confirm that any issues have been addressed in the
loan file;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Reviewed
for any employment issues and confirm that any issues have been addressed in the loan file;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Reviewed
for any additional consumers associated with the borrowers' profiles and confirm the materiality and material issues have been
addressed in the loan file; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Addressed
all red flag issues.

**Additional Review**

Selene's review procedures also included:

&nbsp;&nbsp;&nbsp;&nbsp;1. A review of the completeness and accuracy of the information obtained in the mortgage origination process;

&nbsp;&nbsp;&nbsp;&nbsp;2. A review of closing documents to ensure that the mortgage file information is complete, accurate, and
consistent with other documents in the mortgage file;

&nbsp;&nbsp;&nbsp;&nbsp;3. Selene will review the mortgage file documents to determine that the mortgage was properly underwritten;

&nbsp;&nbsp;&nbsp;&nbsp;4. Verification that the DTI, LTV, asset reserves, property type, transaction type (maximum loan amount,
loan purpose, occupancy, etc.), and FICO scores meet or exceed the guideline requirements;

&nbsp;&nbsp;&nbsp;&nbsp;5. Verification that all borrowers are eligible based on the guidelines and information in the loan file;
and

&nbsp;&nbsp;&nbsp;&nbsp;6. Verify there is appropriate documentation present to confirm that applicable documents have been recorded
or have been sent for recording.

Page 9 of **16**

**APPENDIX B – COMPLIANCE REVIEW SCOPE**

Selene reviewed the Non-QM loans to determine, as applicable, to the extent possible and/or applicable and subject to the caveats below, whether the loan complies with:

**1.** **Federal Truth in Lending Act ("TILA"), as implemented by Regulation Z, 12 C.F.R. Part 1026, as set forth below:** 

&nbsp;&nbsp;&nbsp;&nbsp;a) <u>Rescission (§1026.23):</u> 

i) failure to provide the right of rescission notice;

ii) failure to provide the right of rescission notice in a timely manner and to the correct consumer(s);

iii) errors in the right of rescission notice;

iv) failure to provide the correct form of right of rescission notice;

v) failure to provide the three (3) business day rescission period;

vi) any material disclosure violation on a rescindable mortgage loan that gives rise to the right of rescission under TILA, which means the required disclosures of the annual percentage rate, the finance charge, the amount financed, the total of payments, the payment schedule, the HOEPA disclosures, or those related to prepayment penalties on covered transactions; and

vii) with respect to applicable exception remediation measures, confirm that a letter of explanation, a refund if applicable, new corrected material disclosures and a new notice of right to cancel was provided.

&nbsp;&nbsp;&nbsp;&nbsp;b) <u>TIL Disclosure (§§1026.17, 18 and 19) *as applicable for loans with application dates prior to October 3, 2015:*</u> 

i) review and comparison of the initial and final TIL disclosures, and any re-disclosed TIL(s);

ii) proper execution by all required parties;

iii) principal and interest calculations, and proper completion of the interest rate and payment summary; and

iv) timing of initial and re-disclosed TIL(s).

&nbsp;&nbsp;&nbsp;&nbsp;c) <u>Tolerances (§§1026.18, 22 and 23):</u> 

i) inaccurate Annual Percentage Rate (APR) outside of applicable tolerance by comparing disclosed APR to re-calculated APR; and

ii) inaccurate Finance Charge outside of applicable tolerance by comparing disclosed Finance Charge to re-calculated Finance Charge.

&nbsp;&nbsp;&nbsp;&nbsp;d) <u>High-cost Mortgage (§§1026.31, 32 and 33):</u> 

i) points and fees threshold test;

ii) APR threshold test;

iii) prepayment penalty test; and

iv) compliance with the disclosure requirements, limitation on terms and prohibited acts or practices in connection with a high-cost mortgage.

&nbsp;&nbsp;&nbsp;&nbsp;e) <u>Higher-priced Mortgage Loan (§1026.35):</u> 

i) APR threshold test; and <br> ii) compliance with the escrow account and appraisal requirements.

&nbsp;&nbsp;&nbsp;&nbsp;f) <u>With respect to brokered mortgage loans, the Prohibitions and Restrictions related to Loan Originator Compensation and Steering (§1026.36):</u> 

i) review relevant documentation to determine if compensation to a Loan Originator was based on a term of the transaction;

ii) review relevant document to determine if there was dual compensation; and

iii) review the presence of the mortgage loan option disclosure and to determine if the Steering Safe Harbor provisions were satisfied.

Page 10 of **16**

&nbsp;&nbsp;&nbsp;&nbsp;g) <u>Homeownership counseling (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) determine if the creditor obtained proof of homeownership counseling in connection with a mortgage loan to a first-time homebuyer that contains a negative amortization feature.

&nbsp;&nbsp;&nbsp;&nbsp;h) <u>Prohibition on Financing Credit Insurance (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) determine if the creditor financed, directly or indirectly, any premiums or fees for credit insurance.

&nbsp;&nbsp;&nbsp;&nbsp;i) <u>Nationwide Mortgage Licensing System (NMLS) & Registry ID on Loan Documents (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j) review for presence of mortgage loan originator
organization and individual mortgage loan originator name and NMLSR ID, as applicable, on the credit application, note or mortgage loan
contract, security instrument, Loan Estimate and Closing Disclosure; and (ii) verify the data against the NMLSR database, as available.

**2.** **Sections 1098 and 1100A of Dodd-Frank amending TILA and RESPA, as implemented by Regulation Z, 12 C.F.R. Part 1026, as set forth below (applicable only for mortgage loans with application dates on or after October 3, 2015):** 

a) <u>Loan Estimate (LE) (§§1026.19 and 37):</u> 

i) confirm the presence of LE for applications on or after October 3, 2015;

ii) confirm the initial LE date indicates it was delivered or placed in the mail within three (3) business days of application;

iii) confirm that certain sections of each LE determined to carry assignee liability were completed and that information was reflected in the appropriate locations, which was based solely on the information disclosed on the LE;

iv) confirm the initial LE was delivered or placed in the mail not later than seven (7) business days prior to consummation of the transaction, or such period was waived due to a bona fide financial emergency;

v) confirm that each revised LE is accompanied by valid written documentation explaining the reason for re-disclosure to allow for fee increases based on a valid change of circumstance and was timely provided within 3 business days of issuance;

vi) confirm borrower received LE not later than four (4) business days prior to consummation; and

vii) confirm LE was not provided to the borrower on or after the date of the CD.

&nbsp;&nbsp;&nbsp;&nbsp;b) <u>Closing Disclosure (CD) (§§1026.19 and 38):</u> 

i) confirm the presence of CD for applications on or after October 3, 2015;

ii) confirm the borrower received CD at least three (3) business days prior to consummation, or that such period was waived due to a bona fide financial emergency;

iii) confirm that certain sections of each CD determined to carry assignee liability were accurately completed and that information was reflected in the appropriate locations, which, in certain instances, was based solely on the information disclosed on the CD;

iv) confirm that a revised CD was received in a timely manner if the initial or any revised CD became inaccurate;

v) identify tolerance violations based on the charges disclosed on the initial and interim LE's, initial CD, and reflected on the final CD; and

vi) with respect to tolerance violations based on the disclosed charges on the LE and CD and other applicable exceptions, confirm that the creditor cured or remediated the violations in accordance with the Structured Finance Association TRID 3.0, as may be updated from time to time.

Page 11 of **16**

**3.** **Sections 1411 and 1412 of the Dodd-Frank Wall Street Reform and Consumer Protection Act amending TILA, as implemented by Regulation Z, 12 C.F.R. 1026.43, as set forth below:** 

&nbsp;&nbsp;&nbsp;&nbsp;a) the general Ability to Repay ("ATR") underwriting standards (12 C.F.R. 1026.43(c));

&nbsp;&nbsp;&nbsp;&nbsp;b) refinancing of non-standard mortgages (12 C.F.R. 1026.43(d)); and

&nbsp;&nbsp;&nbsp;&nbsp;c) Balloon-payment qualified mortgages made by certain creditors (12 C.F.R. 1026.43(f)).

**<u>General Ability to Repay</u>**

Selene reviews the mortgage loan to determine whether, based on available information in the mortgage loan file, the creditor considered, as applicable, the following eight underwriting factors, and verified such information using reasonably reliable third-party records, at or before consummation: (i) the consumer's current or reasonably expected income or assets, (ii) if the creditor relied on income from the consumer's employment in determining repayment ability (the consumer's current employment status); (iii) the consumer's monthly payment; (iv) the consumer's monthly payment on any simultaneous loan that the creditor knows or has reason to know will be made; (v) the consumer's monthly payment for mortgage-related obligations; (vi) the consumer's current debt obligations, alimony, and child support; (vii) the consumer's monthly debt-to-income ratio or residual income; and (viii) the consumer's credit history. This portion of the Review also focuses on full recalculation of income and debts, as well as the documentation provided to support each item used in originator's determination of the ability to repay.

Selene reviews mortgage loans to determine their conformity with the ATR/QM factors above, and is not rendering an independent assessment or opinion, warranting or representing that a mortgage loan will be deemed to conform to Safe Harbor, Rebuttable Presumption, ATR or other status based on any additional or revised factors that may be considered by legislative, regulatory, administrative or judicial authorities ("Authorities"). Selene does not represent or warrant that the factors for which it is reviewing the mortgage loans constitute all of the factors and/or criteria that Authorities may consider in determining the status of a mortgage loan. Selene's review is based on information contained in the mortgage loan file at the time it is provided to Selene to review, and only reflects information as of that point in time.

**4.** **The disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas Constitution.** 

**5.** **Federal and state specific high-cost provisions, as further enumerated in Schedule 1, attached hereto.** 

Page 12 of **16**

**SCHEDULE I**

**<u>Selene tests perform compliance checks by state license types for interest rate, late fees, grace periods, high cost, higher priced, anti-predatory lending and prepayment term requirements. Restrictive Fees test assess qualifiable mortgage loan fee restrictions under state/municipalities laws and regulations.</u>**

**(Below are state regulations which test specifically for high cost, higher priced, and anti-predatory lending.)**

&nbsp;&nbsp;&nbsp;&nbsp;1. AL Consumer Credit License- Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;2. AK Small Loan Act-Mortgage Broker/Lender License-Mortgage Lending Regulation License<br>
Registered Depository Institution Registration

&nbsp;&nbsp;&nbsp;&nbsp;3. AR Home Loan Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;4. AZ Mortgage Banker & Broker License-Consumer Lender License

&nbsp;&nbsp;&nbsp;&nbsp;5. CA AB 489/344 (Division 1.6 of the Financial Code)

&nbsp;&nbsp;&nbsp;&nbsp;6. CO Consumer Equity Protection Article

&nbsp;&nbsp;&nbsp;&nbsp;7. CO Consumer Credit Code

&nbsp;&nbsp;&nbsp;&nbsp;8. DE Licensed Lender License Broker License Lender License

&nbsp;&nbsp;&nbsp;&nbsp;9. Washington, DC Home Loan Protection Act of 2002

&nbsp;&nbsp;&nbsp;&nbsp;10. Washington, DC Mortgage Disclosure Act of 2007

&nbsp;&nbsp;&nbsp;&nbsp;11. FL Fair Lending Act

&nbsp;&nbsp;&nbsp;&nbsp;12. GA Fair Lending Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;13. HW Financial Services Loan Company License -Mortgage Broker and Solicitor License- Foreign Lender License - Mortgage Loan Originator
Company License

&nbsp;&nbsp;&nbsp;&nbsp;14. ID Residential Mortgage Practices Act - (Home Loan Practices article)

&nbsp;&nbsp;&nbsp;&nbsp;15. IN Home Loan Practices Article

&nbsp;&nbsp;&nbsp;&nbsp;16. IA Mortgage Banker License Regulated Loan License - Industrial Loan License - Mortgage Banker Registrant- Mortgage Broker License-
Master Loan Company Registration<br>
Nonprofit Mortgage Banker Registrant

&nbsp;&nbsp;&nbsp;&nbsp;17. KS Consumer Credit Code - Kansas Supervised Lenders License- - Consumer credit code 16-207

&nbsp;&nbsp;&nbsp;&nbsp;18. LA Residential Mortgage Lending License - Consumer Loan License- Licensed Lender License

&nbsp;&nbsp;&nbsp;&nbsp;19. MA Mortgage Lender and Broker Regulations

&nbsp;&nbsp;&nbsp;&nbsp;20. MD Commercial Law amended by Maryland Senate Bill 270

&nbsp;&nbsp;&nbsp;&nbsp;21. Maryland Regulations under the Maryland Mortgage Lender Law HB 649 - 363amendments, and COMAR

&nbsp;&nbsp;&nbsp;&nbsp;22. MI Consumer Mortgage Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;23. MN Mortgage Originator and Servicer Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;24. MS Residential Mortgage Company License - Mortgage Lender License - Mortgage Broker Licen

&nbsp;&nbsp;&nbsp;&nbsp;25. MO Mortgage Company License

&nbsp;&nbsp;&nbsp;&nbsp;26. MT - Consumer Loan License - Residential Mortgage Lender License-Mortgage Broker License<br>
Mortgage Lender License

&nbsp;&nbsp;&nbsp;&nbsp;27. NC Rate Spread Home Loan Provisions (original 2008 provisions and 2009, 2013 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;28. ND Money Broker License

&nbsp;&nbsp;&nbsp;&nbsp;29. NE Mortgage Bankers Registration and Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;30. NH First Mortgage Banker License – Second Mortgage Home Loan – Mortgage Banker License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;31. NJ Home Ownership Security Act 2002 (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;32. NM Home Loan Protection Act (pre- and post-amendments)

Page 13 of **16**

&nbsp;&nbsp;&nbsp;&nbsp;33. OH Consumer Sales Practices Act

&nbsp;&nbsp;&nbsp;&nbsp;34. Cleveland Heights, OH Ordinance Prohibiting Predatory Loans

&nbsp;&nbsp;&nbsp;&nbsp;35. Summit County, OH Consumer Affairs Board Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;36. Summit County, OH Consumer Protection Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;37. OK Home Ownership and Equity Protection Act (original provisions & 2009 higher-priced amendments)

&nbsp;&nbsp;&nbsp;&nbsp;38. OR Consumer Finance License – Consumer Finance Registration – Mortgage Lender License

&nbsp;&nbsp;&nbsp;&nbsp;39. PA Consumer Equity Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;40. RI Home Loan Protection Act and Regulation 3

&nbsp;&nbsp;&nbsp;&nbsp;41. SD Mortgage Lender License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;42. TN Home Loan Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;43. UT Residential Mortgage Practices and Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;44. VA Mortgage Lender and Broker Act

&nbsp;&nbsp;&nbsp;&nbsp;45. WA House Bill 2770, Mortgage Lending and Homeownership, Chapter 108, Laws of 2008 – Consumer Loan Company License – Mortgage
Broker License

&nbsp;&nbsp;&nbsp;&nbsp;46. WV Residential Mortgage Lender, Broker and Servicer Act

&nbsp;&nbsp;&nbsp;&nbsp;47. WY Consumer Credit Code – Registered Consumer Loan Lender – Mortgage Lender Broker License

<u>The following state **specific** regulations which address high cost, higher priced and anti-predatory lending.</u>

&nbsp;&nbsp;&nbsp;&nbsp;48. CA AB 260 (Division 1.9 of the Financial Code) higher-priced mortgage loan provisions - Anti-Predatory Lending Statute - Amendment

&nbsp;&nbsp;&nbsp;&nbsp;49. CT Abusive Home Lending Practices Act

&nbsp;&nbsp;&nbsp;&nbsp;50. CT Nonprime Home Loans Statute

&nbsp;&nbsp;&nbsp;&nbsp;51. IL Office of Banks and Real Estate High Risk Home Loan Regulations

&nbsp;&nbsp;&nbsp;&nbsp;52. IL High Risk Home Loan ActL Predatory Lending Database Program

&nbsp;&nbsp;&nbsp;&nbsp;53. Chicago, IL Predatory Lending Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;54. Cook County, IL Predatory Lending Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;55. KY Predatory Lending and High Cost Home Loan Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;56. ME Title 9-A Residential Mortgage Loan, High-Rate, High-Fee Provisions, High Cost, Subprime, Rate Spread Home Loan, and Higher-Priced
Mortgage Loan Provisions (original 2003 provisions and 2008, 2009, 2011 & 2013 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;57. MA High Cost Home Loan Regulations (pre- and post-amendments) - MA Predatory Home Loan Practices Act - MA 209 CMR 32.35 Higher-Priced
Mortgage Loan Provisions - MA "Borrower's Interest" Standard

&nbsp;&nbsp;&nbsp;&nbsp;58. Maryland Regulations for Higher Priced Mortgage Loans, as promulgated under the Maryland Mortgage Lender Law

&nbsp;&nbsp;&nbsp;&nbsp;59. NC Restrictions and Limitations of Home Loans and High-Cost Home Loans

&nbsp;&nbsp;&nbsp;&nbsp;60. NV Unfair Lending Practices Act – Anti Predatory Lending Law

&nbsp;&nbsp;&nbsp;&nbsp;61. NY GRBB Part 41 (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;62. NY Banking Law 6-L

&nbsp;&nbsp;&nbsp;&nbsp;63. NY Banking Law 6-M

&nbsp;&nbsp;&nbsp;&nbsp;64. OH Anti - Predatory Lending Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;65. Cleveland Heights, OH Ordinance Prohibiting Predatory Loans

&nbsp;&nbsp;&nbsp;&nbsp;66. RI Providence Ordinance Regarding Predatory Lending (post-amendment)

&nbsp;&nbsp;&nbsp;&nbsp;67. SC High-Cost and Consumer Home Loan Act (original provisions & 2010 ARM amendments)

&nbsp;&nbsp;&nbsp;&nbsp;68. TX Home Loan and High Cost Home Loan Act

Page 14 of **16**

&nbsp;&nbsp;&nbsp;&nbsp;69. UT High Cost Home Loan Act

&nbsp;&nbsp;&nbsp;&nbsp;70. VT High Rate Loans

&nbsp;&nbsp;&nbsp;&nbsp;71. VI VA SB 797 Hight Risk Mortgage – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;72. WI Responsible High Cost Mortgage Lending Act

Page 15 of **16**

**APPENDIX C – VALUATION REVIEW SCOPE**

Selene reviewed the valuation materials utilized during the origination of the loan which confirmed the value of the underlying property. Selene verified the appraisal report was (i) on the appropriate GSE form, (ii) materially complete, (iii) in conformity with the guideline requirements for the property type in question, (iv) completed by an appraiser that was actively licensed to perform the valuation, (v) completed such that the named client on the appraisal report is the lender or a related entity that is permitted to engage the lender per Title XI of FIRREA, (vi) made and signed prior to the final approval of the mortgage loan application, (vii) completed and dated within the guidelines restrictions, (vii) made on an "as is" basis or provides satisfactory evidence of completion of all material conditions including all inspections, licenses, and certificates (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities; and (viii) noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying the Client of same.

If more than one valuation is provided for review, Selene confirmed consistency among the valuation products and if there are discrepancies that cannot be resolved, Selene created an exception and worked with the Client on the next steps, which may include ordering of additional valuation products such as collateral desktop analyses, broker's price opinions, and full appraisals. If the property valuation products included in Selene's review results in a variance of more than 10% then the Client shall be notified of such variance and a second independent valuation product shall be ordered. On all loans, Selene makes a determination as to whether appraised value is supported based on documentation available at the time of review and adds exceptions or comments as appropriate.

Selene confirmed consistency among the valuation products and where applicable, if there was a discrepancy in value between two appraisals in the form of a variance greater than 10%, Selene would review the file for a desktop analysts/evaluation of the appraisals and determine which appraised value was used for qualification purposes. If there were discrepancies that could not be resolved, Selene created an exception and worked with the client on the next steps for resolution.

Disclaimer

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o 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;o Selene makes no representation or warranty as to the value of any mortgaged property, notwithstanding
that Selene may have reviewed valuation information for reasonableness.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Selene is not an 'AMC' (appraisal management company)
and therefore Selene does not opine on the actual value of the underlying property.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Selene is not a 'creditor' within the meaning of ECOA or other lending laws and regulations,
and therefore Selene will not have any communication with or responsibility to any individual consumer concerning property valuation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Selene does not confirm whether the appraiser is on the Freddie Mac exclusionary list.

Page 16 of **16**

## Exhibit 99.12

**Exhibit 99.12 Schedule 1**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX |  |  | December 2024 ACC Selene Flow | Application Date | complianceDetailPage | XXXX | XXXX | ApplicationDate XXXX confirmed from Initial 1003. |
| XXXX |  |  | December 2024 ACC Selene Flow | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 49.81 | 49.82 | Variance is 0.01 |
| XXXX |  |  | DH Correspondent January 2025 | Calculated DSCR | diligenceFinalLookPage | 1.258 | 1.573 | Rents of $6390 \* 80% = $5112/ PITIA of $4,063.14= 1.258 DSCR |
| XXXX |  |  | DH Correspondent February 2025 | Calculated DSCR | diligenceFinalLookPage | 1.287 | 1.708 | Verified subject loan was qualified with the DSCR Program<br> The calculation validating the correct DSCR is as follows: Rents of $10021\*80% = $8016.8 / PITIA of $6,229.64 =1.287 DSCR<br> Rent taken from Page # 34-35 ,69. |
| XXXX |  |  | Loanstream NQM February 2025 | Occupancy | the1003Page | Primary Residence | OwnerOccupied | Occupancy is primary residence as per final 1003, but tape data showing owneroccupied. |
| XXXX |  |  | Loanstream NQM February 2025 | Borrower 1 Self-Employment Flag | employmentIncomePage | No | coming soon | Borrower 1 Self-Employment Flag is yes, Borrower having 100% ownership. |
| XXXX |  |  | Loanstream NQM February 2025 | Interest Rate | notePage | 8.499 | 0.0000 | Interest Rate entered as per Note document, but tape data showing zero. |
| XXXX |  |  | Loanstream NQM February 2025 | Monthly Property Tax Amount | titlePage | XXXX | XXXX | Monthly Property Tax Amount entered as per tax document, but tape data showing zero. |
| XXXX |  |  | Loanstream NQM February 2025 | Total Monthly Property Insurance Amount | propertyInsurancePage | 135.95 | 0.00 | Total Monthly Property Insurance Amount entered as per hazard document, but tape data showing zero. |
| XXXX |  |  | DH Correspondent February 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Application Date is updated from credit report as no Initial 1003. |
| XXXX |  |  | DH Correspondent February 2025 | Property Type | propertyValuationPage | Single Family Attached | Single Family Detached | as per appraisal report Property Type is Single Family Attached. |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | Property Type | propertyValuationPage | Single Family Attached | Single Family Detached | Property Type verified from appraisal |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | Interest Rate | notePage | 9.375 | 0.0000 | Verified interest is correct per Note document |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | Monthly Property Tax Amount | titlePage | XXXX | XXXX | Monthly tax amount updated as per Tax information sheet, tape data is showing $0.00 |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | Total Monthly Property Insurance Amount | propertyInsurancePage | 188.48 | 0.00 | Monthly HOI Premium updated as per HOI policy, tape data is showing $0.00 |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | Property Type | propertyValuationPage | Single Family Attached | Single Family Detached | Property type is attached as per Appraisal document |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | Interest Rate | notePage | 9 | 0.0000 | Final note rate updated as per final note document |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | Monthly Property Tax Amount | titlePage | 180.7 | 0.00 | Monthly tax amount updated as per Tax information sheet, tape data is showing $0.00 |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | Total Monthly Property Insurance Amount | propertyInsurancePage | 216.27 | 0.00 | Monthly HOI Premium updated as per HOI policy, tape data is showing $0.00 |
| XXXX |  |  | DHWOC Purchase Pool | MIN No | deedOfTrustPage | XXXX | XXXX | Min No updated as per DOT |
| XXXX |  |  | Loanstream NQM March 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Application stamped as received date XXXX updated as per initial 1003 |
| XXXX |  |  | Loanstream NQM March 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Application stamped as received date XXXX updated as per initial 1003 |
| XXXX |  |  | Loanstream NQM March 2025 | CLTV | propertyValuationPage | 80.47 | 85.00 | True data shows CLTV based on appraised value, calculated CLTV is 85% based on sales price. |
| XXXX |  |  | Loanstream NQM March 2025 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 25.62 | 26.93 | DTI is matching with the 1008, true data is correct |
| XXXX |  |  | Loanstream NQM March 2025 | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 19.89 | 21.20 | HTI is matching with the 1008, true data is correct |
| XXXX |  |  | Loanstream NQM March 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Application Date updated as per the initial 1003 |
| XXXX |  |  | Loanstream NQM March 2025 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 22.16 | 32.26 | DTI is mismatching due all other monthly payments are as per the 1008 document is $10,975.70 where as it is in credit report $3,712 hence there is a DTI mismatch. |
| XXXX |  |  | Loanstream NQM March 2025 | Occupancy | the1003Page | Primary Residence | OwnerOccupied | Occupancy is primary residence as per final 1003, but tape data showing owner occupied. |
| XXXX |  |  | Loanstream NQM March 2025 | Interest Rate | notePage | 7.25 | 0.0000 | Interest Rate 7.25% entered as per Note document, but tape data showing zero. |
| XXXX |  |  | Loanstream NQM March 2025 | Monthly Property Tax Amount | titlePage | 1066.88 | 0.00 | Monthly Property Tax Amount entered as per tax document, but tape data showing zero. |
| XXXX |  |  | Loanstream NQM March 2025 | Total Monthly Property Insurance Amount | propertyInsurancePage | 312.68 | 0.00 | Total Monthly Property Insurance Amount entered as per hazard document, but tape data showing zero. |
| XXXX |  |  | Loanstream NQM March 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Application date entered as per initial 1003, as per guidelines considered date received application date, but tape data showing XXXX |
| XXXX |  |  | Loanstream NQM March 2025 | Application Date | complianceDetailPage | XXXX | XXXX | As per initial 1003, LO signed on XXXX whereas borrower signed on XXXX which is most initial date. Hence Application Date will be 'XXXX' and Application Date Source will be 'Date Creditor Received Application'.  |
| XXXX |  |  | Loanstream NQM March 2025 | Mortgage Insurance Flag | mortgageInsurancePage | No | 0 | Mortgage Insurance Flag should be No, but tape data is showing as 0. <br> . |
| XXXX |  |  | Loanstream NQM March 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Borrower application stamped as received date XXXX as initial application date.  |
| XXXX |  |  | Loanstream NQM March 2025 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 39.27 | 40.45 | Corrected 1008 received in findings with DTI of 39.27. |
| XXXX |  |  | Loanstream NQM March 2025 | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 19.91 | 21.09 | Corrected 1008 received in findings with DTI of 19.91. |
| XXXX |  |  | Loanstream NQM March 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Application date entered as per initial 1003, as per guidelines considered date received application date, but tape data showing XXXX. |
| XXXX |  |  | Loanstream NQM March 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Application Date considered from Initial 1003 on page 621. |
| XXXX |  |  | Loanstream NQM March 2025 | Mortgage Insurance Flag | mortgageInsurancePage | No | 0 | No Mortgage Insurance per loan program & documentation. |
| XXXX |  |  | Loanstream NQM March 2025 | Borrower 1 Self-Employment Flag | employmentIncomePage | Yes | coming soon | Employment/Self-employment flag considered per loan documentation. |
| XXXX |  |  | Loanstream NQM March 2025 | Interest Rate | notePage | 8.999 | 0.0000 | Interest rate considered per Note document on page 739. |
| XXXX |  |  | Loanstream NQM March 2025 | Note Date | notePage | XXXX | XXXX | Note date considered per Note document on page 739. |
| XXXX |  |  | Loanstream NQM March 2025 | Monthly Property Tax Amount | titlePage | 1716.45 | 0.00 | Property tax considered from tax cert on page 820. |
| XXXX |  |  | Loanstream NQM March 2025 | Mortgage Insurance Flag | mortgageInsurancePage | No | 0 | No Mortgage Insurance per loan documentation. |
| XXXX |  |  | Loanstream NQM March 2025 | Total Monthly Property Insurance Amount | propertyInsurancePage | 322.5 | 0.00 | Monthly Property Insurance considered from HOI Policy on page 566, 578. |
| XXXX |  |  | Loanstream NQM March 2025 | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 24.72 | 24.94 | Qualifying Housing ratio variance less than 1% tolerance due to HOI Premium discrepancy between 1008/Final CD & actual HOI Policy. |
| XXXX |  |  | Loanstream NQM March 2025 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 33.09 | 33.31 | DTI ratio variance less than 1% tolerance due to HOI Premium discrepancy between 1008/Final CD & actual HOI Policy. |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Application Date updated as per the Credit Report |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | Loan Purpose | the1003Page | Refinance | NoCash-Out Refinance | Loan Purpose is Refinance verified from the Loan Approval |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | Interest Rate | notePage | 9 | 0.0000 | Interest Rate updated as per the Note |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | Note Date | notePage | XXXX | XXXX | Note Date of XXXX updated as per the Note |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | Mortgage Insurance Flag | mortgageInsurancePage | No | 0 | Mortgage Insurance Flag is verified to be "No" |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | Monthly Property Tax Amount | titlePage | 71.56 | 0.00 | Monthly Property Tax Amount of XXXX updated as per the Tax Cert, True data is correct |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | Total Monthly Property Insurance Amount | propertyInsurancePage | 513.34 | 0.00 | Total Monthly Property Insurance Amount of $513.34 updated as per the Ho3 Policy, True data is correct |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Application date considered per loan application on page 153. |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | Occupancy | the1003Page | Investment | NonOwnerOccupied | Occupancy type considered per loan documentation. |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | Property Type | propertyValuationPage | Two to Four Unit | 2-4 Units | Property type considered per appraisal report. |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | Interest Rate | notePage | 8 | 0.0000 | Interest rate considered per Note document on page 332. |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | Note Date | notePage | XXXX | XXXX | Note date considered per Note document on page 332. |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | Mortgage Insurance Flag | mortgageInsurancePage | No | 0 | No Mortgage Insurance per loan documentation. |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | CLTV | propertyValuationPage | 75.08 | 80.00 | CLTV Calculating based on appraisal value. |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | Monthly Property Tax Amount | titlePage | XXXX | XXXX | Property tax considered per tax cert on page 444-445. |
| XXXX |  |  | Easy Street - LS Corr DSCR March 2025 | Total Monthly Property Insurance Amount | propertyInsurancePage | 270 | 0.00 | Property Insurance considered from HOI Policy on page 188. |
| XXXX |  |  | Loanstream NQM March 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Borrower application stamped as received date XXXX is initial application date. |
| XXXX |  |  | Loanstream NQM March 2025 | Borrower 1 Last Name | notePage | XXXX | XXXX | Borrower's full last name confirmed from the ID documents (Driver's License & Passport). |
| XXXX |  |  | Loanstream NQM March 2025 | Borrower 1 Self-Employment Flag | employmentIncomePage | Yes | coming soon | Sefl employment selection considered per loan program & documentation. |
| XXXX |  |  | Loanstream NQM March 2025 | Interest Rate | notePage | 7.499 | 0.0000 | Interest rate considered from Note document on page 436. |
| XXXX |  |  | Loanstream NQM March 2025 | Monthly Property Tax Amount | titlePage | XXXX | XXXX | Property tax considered from tax cert on page 244. |
| XXXX |  |  | Loanstream NQM March 2025 | Total Monthly Property Insurance Amount | propertyInsurancePage | 54.5 | 0.00 | Property Insurance considered from HO Policy on page 299. |
| XXXX |  |  | Loanstream NQM March 2025 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 49.04 | 49.39 | DTI variance 0.35% less than 1% due to 1008 P&I not matching with Note. |
| XXXX |  |  | Loanstream NQM March 2025 | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 11.29 | 11.65 | Housing variance 0.35% less than 1% due to 1008 P&I not matching with Note. |
| XXXX |  |  | Loanstream NQM March 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Application Date updated as per initial 1003 . |
| XXXX |  |  | Loanstream NQM March 2025 | Total Monthly Property Insurance Amount | propertyInsurancePage | 246.79 | 246.78 | Difference of $0.01 due to Rounding . |
| XXXX |  |  | Loanstream NQM March 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Initial 1003 stamped as received date 02/28/2024 is Date creditor Received Application.  |
| XXXX |  |  | Loanstream NQM March 2025 | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 44.91 | 45.31 | Variance of $19.56 in P&I resulted in HTI variance of 0.40%, Originator P&I is $1,664.02 but Note P&I is $1,644.46 |
| XXXX |  |  | Loanstream NQM March 2025 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 46.74 | 47.14 | Variance of $19.56 in P&I resulted in DTI variance of 0.40%, Originator P&I is $1,664.02 but Note P&I is $1,644.46 |
| XXXX |  |  | Loanstream NQM March 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Application Date updated as per the initial 1003 |
| XXXX |  |  | Loanstream NQM March 2025 | Note Date | notePage | XXXX | XXXX | Tape Date is the date of the document. The True/Audited Data is the date it was actually executed. |
| XXXX |  |  | Loanstream NQM March 2025 | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 31.07 | 31.08 | Housing Ratio calculated at 31.0745%. Difference is due to rounding. |
| XXXX |  |  | Loanstream NQM March 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Application date considered per final 1003 on page 510. |
| XXXX |  |  | Loanstream NQM March 2025 | Borrower 1 Self-Employment Flag | employmentIncomePage | Yes | coming soon | Self employment flag considered per loan documentation. |
| XXXX |  |  | DHM0525-1 | Application Date | complianceDetailPage | XXXX | XXXX | Application Date verified from initial 1003. |
| XXXX |  |  | Loanstream NQM March 2025 | Property City | notePage | XXXX | XXXX | Property city considered as per Note document, but tape data showing New Port Richey. |
| XXXX |  |  | Loanstream NQM March 2025 | Occupancy | the1003Page | Primary Residence | OwnerOccupied | Occupancy is primary residence as per final 1003, but tape data showing owneroccupied. |
| XXXX |  |  | Loanstream NQM March 2025 | Interest Rate | notePage | 8.375 | 0.0000 | Interest Rate entered as per Note document, but tape data showing zero. |
| XXXX |  |  | Loanstream NQM March 2025 | Monthly Property Tax Amount | titlePage | XXXX | XXXX | Monthly Property Tax Amount entered as per tax document, but tape data showing zero. |
| XXXX |  |  | Loanstream NQM March 2025 | Total Monthly Property Insurance Amount | propertyInsurancePage | 118.97 | 0.00 | Total Monthly Property Insurance Amount entered as per hazard document, but tape data showing zero. |
| XXXX |  |  | Loanstream NQM March 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Application Date updated as per the initial 1003 |
| XXXX |  |  | Loanstream NQM March 2025 | Borrower 1 Self-Employment Flag | employmentIncomePage | Yes | coming soon | Borrower 1 Self-Employment Flag is yes hence updated the same |
| XXXX |  |  | Easy Street - LS Corr DSCR April 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Initial 1003 stamped as received date XXXX is Date creditor Received Application.  |
| XXXX |  |  | Easy Street - LS Corr DSCR April 2025 | Note Date | notePage | XXXX | XXXX | Note Date is XXXX per Note document. |
| XXXX |  |  | Easy Street - LS Corr DSCR April 2025 | Interest Rate | notePage | 7.75 | 0.0000 | Interest Rate is 7.75% per Note document. |
| XXXX |  |  | Easy Street - LS Corr DSCR April 2025 | Monthly Property Tax Amount | titlePage | 18.25 | 0.00 | Property Tax Amount per property cert page #377 is $XXXX annually. So Monthly Property Tax Amount will be $XXXX |
| XXXX |  |  | Easy Street - LS Corr DSCR April 2025 | Total Monthly Property Insurance Amount | propertyInsurancePage | 90.42 | 0.00 | Property Insurance Amount per property Insurance document page #117 is $1,085. So Total Monthly Property Insurance Amount will be $1,085/12 = $90.42 |
| XXXX |  |  | DH Correspondent April 2025 | Borrower 1 Total Income | the1003Page | 4166.67 | 3780.56 | As per Final 1003 - Income is $4166.67 B1 |
| XXXX |  |  | DH Correspondent April 2025 | Borrower 1 Total Income | the1003Page | 30587 | 30586.80 | True data verified per review |
| XXXX |  |  | DH Correspondent April 2025 | Property Type | propertyValuationPage | Two to Four Unit | PUD | Updated as per appraisal report |
| XXXX |  |  | DH Wholesale April 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Updated as per Initial originator signature date. |
| XXXX |  |  | Loanstream NQM April 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Application date entered as per initial 1003, as per guidelines considered date received application date, but tape data showing 03/18/2025. |
| XXXX |  |  | Loanstream NQM April 2025 | Occupancy | the1003Page | Primary Residence | OwnerOccupied | Occupancy is primary residence as per final 1003, but tape data showing owneroccupied. |
| XXXX |  |  | Loanstream NQM April 2025 | Interest Rate | notePage | 8.499 | 0.0000 | Interest Rate entered as per Note document, but tape data showing zero. |
| XXXX |  |  | Loanstream NQM April 2025 | Monthly Property Tax Amount | titlePage | XXXX | XXXX | Monthly Property Tax Amount entered as per tax document, but tape data showing zero. |
| XXXX |  |  | Loanstream NQM April 2025 | Total Monthly Property Insurance Amount | propertyInsurancePage | 100.83 | 0.00 | Total Monthly Property Insurance Amount entered as per hazard document, but tape data showing zero. |
| XXXX |  |  | Loanstream NQM April 2025 | Borrower 1 Self-Employment Flag | employmentIncomePage | Yes | coming soon | Borrower 1 is Self-Employed hence updated as Yes |
| XXXX |  |  | Loanstream NQM April 2025 | Interest Rate | notePage | 7.125 | 0.0000 | Interest Rate verified and updated per Note |
| XXXX |  |  | Loanstream NQM April 2025 | Monthly Property Tax Amount | titlePage | XXXX | XXXX | Monthly Property Tax Amount updated per tax sheet |
| XXXX |  |  | Loanstream NQM April 2025 | Total Monthly Property Insurance Amount | propertyInsurancePage | 118.5 | 0.00 | Total Monthly Property Insurance Amount verified per hazard document |
| XXXX |  |  | Loanstream NQM April 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Application stamped as received date XXXX entered as per initial 1003, as per guidelines considered date received application date, but tape data showing XXXX |
| XXXX |  |  | Loanstream NQM April 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Initial 1003 stamped as received date XXXX is Date creditor Received Application.  |
| XXXX |  |  | Loanstream NQM April 2025 | Borrower 1 Executed 4506T Verified | employmentIncomePage | 3 YRS | NA | Borrower 1 Executed 4506T is required as a documentation for using wage Income by borrower. |
| XXXX |  |  | Loanstream NQM April 2025 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 36.28 | 36.44 | Originator DTI is 36.44% and Calculated DTI is 36.28%, The DTI variance 0.16% is due to difference of $12 in All Other Monthly Payments.(considered per avilable credit report) |
| XXXX |  |  | Loanstream NQM April 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Initial 1003 stamped as received date 03/06/2025 is Date creditor Received Application.  |
| XXXX |  |  | Loanstream NQM April 2025 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 33.07 | 33.74 | Originator DTI is 33.74%, Calculated DTI is 33.07%. The DTI variance of 0.67% is due to difference of $ in All Other Monthly Payments (considered per credit report) |
| XXXX |  |  | Loanstream NQM April 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Updated borrower received application date as initial application date source. |
| XXXX |  |  | Loanstream NQM April 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Application Date updated as per initial 1003 |
| XXXX |  |  | Loanstream NQM April 2025 | Borrower 1 Self-Employment Flag | employmentIncomePage | Yes | coming soon | Borrower 1 Self-Employment flag updated as per final 1003 borrower owns more than 25% ownership. |
| XXXX |  |  | DH Vontive April 2025 | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | PropertyType Two to Four Unit confirmed Appraisal report. |
| XXXX |  |  | DH Correspondent April 2025 | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 8.55 | 8.53 | Qualifying Housing Debt Income Ratio is with in the guideline. |
| XXXX |  |  | DH Correspondent April 2025 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 8.55 | 8.53 | Qualifying Total Debt Income Ratio is with in the Guideline. |
| XXXX |  |  | Loanstream NQM April 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Application Date updated as per initial  |
| XXXX |  |  | Loanstream NQM April 2025 | Mortgage Insurance Flag | mortgageInsurancePage | No | 0 | Mortgage Insurance Flag should be No, but tape data is showing as 0.  |
| XXXX |  |  | Loanstream NQM April 2025 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 41.57 | 41.34 | DTI difference is due to tradelines. U/W considered all other monthly payments as $1456 whereas manually verified liabilities of borrowers is $1,488.02 as per CBRs in file and liabilities provided on pg-692-783 |
| XXXX |  |  | Loanstream NQM April 2025 | Mortgage Insurance Flag | mortgageInsurancePage | No | 0 | Mortgage Insurance Flag is verified to be "No" |
| XXXX |  |  | Loanstream NQM April 2025 | Borrower 1 Self-Employment Flag | employmentIncomePage | Yes | coming soon | Borrower 1 Self-Employment Flag set to Yes as B1 income qualifying with self-employed. |
| XXXX |  |  | Loanstream NQM April 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Initial 1003 stamped as received date XXXX is Date creditor Received Application. <br>|
| XXXX |  |  | Loanstream NQM April 2025 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 14.33 | 14.64 | Variance in All other monthly payments of $248 resulted in DTI variance of 0.31%, All other monthly payments considered per credit report. |
| XXXX |  |  | Loanstream NQM April 2025 | Borrower 1 Last Name | notePage | XXXX | XXXX | Borrower 1 Last Name updated as per the Note document. |
| XXXX |  |  | Loanstream NQM April 2025 | Borrower 1 Self-Employment Flag | employmentIncomePage | Yes | coming soon | Borrower 1 Self-Employment Flag is yes |
| XXXX |  |  | Loanstream NQM April 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Application Date updated as per the initial 1003 |
| XXXX |  |  | Loanstream NQM April 2025 | Borrower 1 First Name | notePage | XXXX | XXXX | Borrower 1 First Name is updated as per the Note document. |
| XXXX |  |  | Loanstream NQM April 2025 | Interest Rate | notePage | 6.999 | 0.0000 | Interest Rate updated as per the Note document. |
| XXXX |  |  | Loanstream NQM April 2025 | Monthly Property Tax Amount | titlePage | XXXX | XXXX | Monthly Property Tax Amount updated as per the Tax cert. |
| XXXX |  |  | Loanstream NQM April 2025 | Total Monthly Property Insurance Amount | propertyInsurancePage | 124.33 | 0.00 | Total Monthly Property Insurance Amount updated as per the HOI document. |
| XXXX |  |  | April 2025 ACC Selene Flow | Monthly Property Tax Amount | titlePage | XXXX | XXXX | Property taxes are updated as per tax cert page 248. |
| XXXX |  |  | DH Correspondent April 2025 | Property Zip Code | notePage | XXXX | XXXX | Property Zip Code is XXXX. Considered per Note document. |
| XXXX |  |  | DH Correspondent April 2025 | Property Type | propertyValuationPage | Two to Four Unit | Attached | Property Type is Two to Four Unit per Appraisal pg#20 |
| XXXX |  |  | Loanstream NQM April 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Initial 1003 stamped as received date XXXX is Date creditor Received Application.  |
| XXXX |  |  | Loanstream NQM April 2025 | Borrower 1 Self-Employment Flag | employmentIncomePage | No | coming soon | Borrower 1 Self-Employment is No as borrower is wage earner. |
| XXXX |  |  | Loanstream NQM April 2025 | Total Monthly Property Insurance Amount | propertyInsurancePage | 262.52 | 99.75 | Total Monthly Property Insurance Amount includes (Hazard Insurance + Flood Insurance + supplemental insurance. Tape data does not include flood or supplemental insurance. |
| XXXX |  |  | April 2025 ACC Selene Flow | Application Date | complianceDetailPage | XXXX | XXXX | Application Date updated as per Initial 1003Document. |
| XXXX |  |  | April 2025 ACC Selene Flow | Application Date | complianceDetailPage | XXXX | XXXX | Application Date considered from Initial originator signature date. |
| XXXX |  |  | DH Correspondent April 2025 | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Confirmed on the appraisal and lease agreements. |
| XXXX |  |  | DH Correspondent April 2025 | Calculated DSCR | diligenceFinalLookPage | 1.518 | 1.55 | The Lender's DSCR is 1.518 as reflected on the DH Purchase Eligibility Notice on p 215 & 218. This matches our DSCR calculation of 1.518. The difference in the Tape Data is due to a variance in the tax amount as reflected on the First Payment Letter. Our DSCR calculation: Rent of $4200 / PITIA of $2766.65 = 1.518 DSCR. The Appraisal 1025 Opinion of Market on pages 5, 12-13 reflect $4200. The three Lease Agreements are as follows: Apt 1 = $1400 on pages 202-204; Apt 2 = $1,000 on pages 205-207; and Apt 3 = $1,800 on pages 208-210 for a total of $4,200. Both are within GL's. |
| XXXX |  |  | Loanstream NQM April 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Application date considered from Initial 1003 on page 493. |
| XXXX |  |  | Loanstream NQM April 2025 | Monthly Property Tax Amount | titlePage | XXXX | XXXX | Monthly Property tax amount considered from tax cert on page 458-467. |
| XXXX |  |  | Loanstream NQM April 2025 | Mortgage Insurance Flag | mortgageInsurancePage | No | 0 | No mortgage selection required per loan program & documentation. |
| XXXX |  |  | Loanstream NQM April 2025 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 44.28 | 41.79 | DTI Variance greater than 1% tolerance due to all other monthly payment & P&I discrepancy between 1008 & actual documents. Actual calculation validating as follows, total monthly payments (PITIA-$7,547.43+2858) = $10,405.43/28,612.26=36.36% DTI. |
| XXXX |  |  | Loanstream NQM April 2025 | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 26.38 | 26.36 | Housing ration variance 0.02% less than 1% tolerance due to P&I discrepancy between 1008 & actual/Note document. |
| XXXX |  |  | DH Correspondent April 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Application date updated as per LO signed on initial 1003. |
| XXXX |  |  | DH Correspondent April 2025 | Property Type | propertyValuationPage | Two to Four Unit | PUD |  |
| XXXX |  |  | DH Correspondent April 2025 | Calculated DSCR | diligenceFinalLookPage | 1.242 | 1.282 | Monthly taxes updated as per latest tax cert, due to tax amount DSCR discrepancy occurred. DSCR variance is 0.04 only. |
| XXXX |  |  | DH Correspondent April 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Verified from Initial 1003 |
| XXXX |  |  | Easy Street - LS Corr DSCR April 2025 | Interest Rate | notePage | 8.75 | 0.0000 | Interest Rate updated as per the Note document. |
| XXXX |  |  | Easy Street - LS Corr DSCR April 2025 | Monthly Property Tax Amount | titlePage | XXXX | XXXX | Monthly Property Tax Amount updated as per the tax cert. |
| XXXX |  |  | Easy Street - LS Corr DSCR April 2025 | Total Monthly Property Insurance Amount | propertyInsurancePage | 437.56 | 0.00 | Total Monthly Property Insurance Amount updated as per the HOI document. |
| XXXX |  |  | DH Correspondent April 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Application date confirmed per initial 1003. |
| XXXX |  |  | April 2025 ACC Selene Flow | Application Date | complianceDetailPage | XXXX | XXXX | Application date updated asper Initial 1003 document |
| XXXX |  |  | April 2025 ACC Selene Flow | Application Date | complianceDetailPage | XXXX | XXXX | Updated as per initial 1003 |
| XXXX |  |  | DH Correspondent April 2025 | Loan Program | the1003Page | Correspondent - DSCR | DSCR 30 Yr Fixed | Loan Program Confirmed |
| XXXX |  |  | DH Correspondent April 2025 | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Property Type is 2-4 Unit |
| XXXX |  |  | DH Correspondent April 2025 | Loan Program | the1003Page | Correspondent - DSCR | DSCR 30 Yr Fixed | Loan Program Confirmed & Updated from drop down |
| XXXX |  |  | DH Correspondent April 2025 | Property Type | propertyValuationPage | Single Family Attached | Single Family Detached | Property Type "Single Family Attached" updated as per Appraisal Document. |
| XXXX |  |  | May 2025 ACC Selene Flow | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 24.05 | 33.02 | All credit liabilities are updated as per latest credit reports and DTI comes as 24.05%. |
| XXXX |  |  | DH Correspondent May 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Borrower signed on XXXX in initial 1003. |
| XXXX |  |  | DH Wholesale May 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Application Date confirmed in Initial 1003. |
| XXXX |  |  | DH Wholesale May 2025 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 47.02 | 43.57 | DTI variance due to difference in All Other Monthly Payments. |
| XXXX |  |  | DH Correspondent May 2025 | Property Value | propertyValuationPage | XXXX | XXXX | True Data value of XXXX confirmed from the Appraisal 1004. |
| XXXX |  |  | Easy Street - LS Corr DSCR May 2025 | Borrower 1 Birthdate | the1003Page | XXXX | XXXX | XXXX is the primary borrower as per Final note, hence updated DOB as per the borrower. |
| XXXX |  |  | Easy Street - LS Corr DSCR May 2025 | Borrower 1 First Name | notePage | XXXX | XXXX | XXXX is the primary borrower as per Final note. |
| XXXX |  |  | Easy Street - LS Corr DSCR May 2025 | Borrower 1 SSN | the1003Page | XXXX | XXXX | XXXX is the primary borrower as per note, hence updated the SSN as per the borrower's name. |
| XXXX |  |  | Easy Street - LS Corr DSCR May 2025 | Property Type | propertyValuationPage | Single Family Attached | Single Family Detached | Property type is attached which is verified and updated as per Appraisal report |
| XXXX |  |  | Easy Street - LS Corr DSCR May 2025 | Interest Rate | notePage | 8.75 | 0.0000 | Note rate updated as per Final note document |
| XXXX |  |  | Easy Street - LS Corr DSCR May 2025 | Monthly Property Tax Amount | titlePage | XXXX | XXXX | Monthly tax amount updated as per Tax information sheet, tape data is showing $0.00 |
| XXXX |  |  | Easy Street - LS Corr DSCR May 2025 | Total Monthly Property Insurance Amount | propertyInsurancePage | 93.33 | 0.00 | Monthly HOI Premium updated as per HOI policy, tape data is showing $0.00 |
| XXXX |  |  | DH Correspondent May 2025 | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | verified property is 2-4 unit |
| XXXX |  |  | May 2025 ACC Selene Flow | Application Date | complianceDetailPage | XXXX | XXXX | Application Date considered from initial 1003 document. |
| XXXX |  |  | May 2025 ACC Selene Flow | Property Type | propertyValuationPage | Townhouse | PUD | An Attached PUD is a Townhouse |
| XXXX |  |  | Loanstream NQM May 2025 | Application Date | complianceDetailPage | XXXX | XXXX | Updated borrower received application date as initial application date source. |
| XXXX |  |  | Loanstream NQM May 2025 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 14.39 | 14.44 | All the monthly payments updated as per credit report, due to the changes in monthly payments resulting to show difference on all other monthly payments makes to show calculated DTI as 14.39%, whereas U/W calculated DTI is 14.44%. |
| XXXX |  |  | DH Correspondent May 2025 | Application Date | complianceDetailPage | 03-26-2025 | 03/24/2025 | final 1003 is missing in file and signature date is XXXX of borrower and originator same in initial 1003. |
| XXXX |  |  | DH Correspondent May 2025 | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 34.15 | 49.20 | DTI is meeting the guidelines within tolerance. |
| XXXX |  |  | DH Correspondent May 2025 | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 23.48 | 28.76 | 498 amount is given in 1008 but there is no document is given for verification. |

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## Exhibit 99.12

**Exhibit 99.12 Schedule 2**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **INITIAL CREDIT LOAN GRADES** | **INITIAL CREDIT LOAN GRADES** | **INITIAL CREDIT LOAN GRADES** | **INITIAL CREDIT LOAN GRADES** | **INITIAL CREDIT LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** | **FINAL OVERALL LOAN GRADES** |
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** | **DBRS/Morningstar** | **Fitch** | **Kroll** | **S&P** | **Moodys** | **DBRS/Morningstar** | **Fitch** | **Kroll** | **S&P** | **Moodys** | **DBRS/Morningstar** | **Fitch** | **Kroll** | **S&P** | **Moodys** | **DBRS/Morningstar** | **Fitch** | **Kroll** | **S&P** | **Moodys** | **DBRS/Morningstar** | **Fitch** | **Kroll** | **S&P** | **Moodys** | **DBRS/Morningstar** | **Fitch** | **Kroll** | **S&P** | **Moodys** | **DBRS/Morningstar** | **Fitch** | **Kroll** | **S&P** | **Moodys** | **DBRS/Morningstar** | **Fitch** | **Kroll** | **S&P** | **Moodys** |
| XXXX |  |  | XXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | D | D | D | D | D | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | B | B | B | B | B | A | A | A | A | A | B | B | B | B | B |
| XXXX |  |  | XXXX | D | D | D | D | D | C | C | C | C | C | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| XXXX |  |  | XXXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | C | C | C | C | C | A | A | A | A | A | D | D | D | D | D | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| XXXX |  |  | XXXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | C | C | C | C | C | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | C | C | C | C | C | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | C | C | C | C | C | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | A | A | A | A | A | C | C | C | C | C | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | C | C | C | C | C | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | C | C | C | C | C | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | C | C | C | C | C | A | A | A | A | A | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | C | C | C | C | C | C | C | C | C | C | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| XXXX |  |  | XXXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | B | B | B | B | B | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | C | C | C | C | C | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| XXXX |  |  | XXXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | C | C | C | C | C | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | C | C | C | C | C | A | A | A | A | A | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | C | C | C | C | C | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| XXXX |  |  | XXXX | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | B | B | B | B | B | A | A | A | A | A | B | B | B | B | B |
| XXXX |  |  | XXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | C | C | C | C | C | C | C | C | C | C | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| XXXX |  |  | XXXX | C | C | C | C | C | A | A | A | A | A | C | C | C | C | C | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| XXXX |  |  | XXXX | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| XXXX |  |  | XXXX | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | B | B | B | B | B | A | A | A | A | A | B | B | B | B | B |
| XXXX |  |  | XXXX | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | C | C | C | C | C | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX |  |  | XXXX | D | D | D | D | D | D | D | D | D | D | A | A | A | A | A | D | D | D | D | D | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| XXXX |  |  | XXXX | D | D | D | D | D | A | A | A | A | A | A | A | A | A | A | D | D | D | D | D | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B |
| XXXX |  |  | XXXX | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |

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## Exhibit 99.12

**Exhibit 99.12 Schedule 3**

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller** | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Created Date** | **Last Modified Date** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Reviewer Comments** | **Seller Comments** | **Finding Resolution** | **Finding Document** | **Reviewer Comp Factors** | **Originator Comp Factors** | **State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Unique Finding ID** | **Acknowledged / Waived By** | **Waiver in File?** |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Audited Reserves of 5.49 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-12/11/2023 <br> Resolved-Audited Reserves of 5.49 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-10/27/2023 <br> Resolved-Audited Reserves of 5.49 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-10/04/2023 <br> Resolved-Updated 1003 with updated assets & Bank statement to verify the same is uploaded in missing asset finding. Audited Reserves of 5.49 month(s) are greater than or equal to Guideline Required Reserves of 3 month, verified & entered in system - Resolved. - Due Diligence Vendor-10/04/2023 <br> Resolved-Updated 1003 with updated assets & Bank statement to verify the same is uploaded. Audited Reserves of 5.49 month(s) are greater than or equal to Guideline Required Reserves of 3 month, verified & entered in system - Resolved. - Due Diligence Vendor-10/04/2023 <br> Resolved-Audited Reserves of 5.49 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-10/04/2023 <br> Ready for Review-uploaded - Seller-10/03/2023 <br> Open-Audited Reserves of 2.05 month(s) are less than Guideline Required Reserves of 3 month(s) Provide additional Assets to qualify Reserve requirement. - Due Diligence Vendor-09/29/2023 <br> Open-Audited Reserves are less than Guideline Required Reserves - Due Diligence Vendor-09/19/2023 | Ready for Review-uploaded - Seller-10/03/2023<br>| Resolved-Audited Reserves of 5.49 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-12/11/2023 <br>Resolved-Audited Reserves of 5.49 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-10/27/2023 <br>Resolved-Audited Reserves of 5.49 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-10/04/2023 <br>Resolved-Updated 1003 with updated assets & Bank statement to verify the same is uploaded in missing asset finding. Audited Reserves of 5.49 month(s) are greater than or equal to Guideline Required Reserves of 3 month, verified & entered in system - Resolved. - Due Diligence Vendor-10/04/2023 <br>Resolved-Updated 1003 with updated assets & Bank statement to verify the same is uploaded. Audited Reserves of 5.49 month(s) are greater than or equal to Guideline Required Reserves of 3 month, verified & entered in system - Resolved. - Due Diligence Vendor-10/04/2023 <br>Resolved-Audited Reserves of 5.49 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-10/04/2023<br>|  |  |  | MD | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited FICO is less than Guideline FICO | Resolved-Audited FICO of 689 is greater than or equal to Guideline FICO of 680 - Due Diligence Vendor-09/29/2023 <br>Resolved-Confirmed credit report in loan package provided by the client in file uploads on 9/26/23 on page 148. Credit liabilities page updated, resolved. - Due Diligence Vendor-09/29/2023 <br>Ready for Review-I REUPLOADE THE WHOLE PACKAGE. THE PACKAGE DIDNT DOWNLOAD CORRECTLY. - Seller-09/26/2023 <br>Open-Audited FICO is less than Guideline FICO Unable to Verify FICO Score, Credit Report is Missing in File - Due Diligence Vendor-09/19/2023 | Ready for Review-I REUPLOADE THE WHOLE PACKAGE. THE PACKAGE DIDNT DOWNLOAD CORRECTLY. - Seller-09/26/2023<br>| Resolved-Audited FICO of 689 is greater than or equal to Guideline FICO of 680 - Due Diligence Vendor-09/29/2023 <br>Resolved-Confirmed credit report in loan package provided by the client in file uploads on 9/26/23 on page 148. Credit liabilities page updated, resolved. - Due Diligence Vendor-09/29/2023<br>|  |  |  | MD | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Credit Report is Missing | Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-12/11/2023 <br>Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-09/29/2023 <br>Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-09/29/2023 <br>Open-Borrower 1 Credit Report is Missing. Borrower 1 Credit Report is Missing in File - Due Diligence Vendor-09/19/2023 |  | Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-12/11/2023 <br>Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-09/29/2023 <br>Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-09/29/2023<br>|  |  |  | MD | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information B A | Credit | Credit | Guarantor Recourse Document is not executed | Resolved-Signed doc uploaded. - Due Diligence Vendor-12/08/2023 <br> Ready for Review-Document Uploaded. - Seller-12/07/2023 <br> Counter-Clarification received that the borrower's name is XXXX. However, the personal guaranty document on page 64 of the loan package is missing the borrower's signature and date. - Due Diligence Vendor-10/30/2023 <br> Ready for Review-Is this the same condition? - Seller-10/27/2023 <br> Open-The Guarantor Recourse Document is not executed by borrower. Please provide signed and dated by borrower Guarantor document. - Due Diligence Vendor-10/27/2023 | Ready for Review-Document Uploaded. - Seller-12/07/2023 <br>Ready for Review-Is this the same condition? - Seller-10/27/2023<br>| Resolved-Signed doc uploaded. - Due Diligence Vendor-12/08/2023<br>| signed PG.pdf |  |  | MD | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing letter of explanation | Resolved-Clarification received. The borrower and the borrower's parent have similar names. Resolved. - Due Diligence Vendor-10/30/2023 <br> Ready for Review-XXXX is our borrower <br>XXXX is her mother.<br> - Seller-10/27/2023 <br> Counter-The rent free letter is signed and dated by the borrower. Please provide updated rent free letter written, signed and dated by the person that the borrower lives with rent free. - Due Diligence Vendor-10/27/2023 <br> Resolved-Letter of explanation to verify borrower staying in 'No Primary Expenses' (Rent Free) uploaded, verified & entered in system - Resolved. - Due Diligence Vendor-10/27/2023 <br> Ready for Review-Document Uploaded. - Seller-10/26/2023 <br> Open-Provide letter of explanation to verify borrower staying in 'No Primary Expenses' as mentioned in 1003. - Due Diligence Vendor-09/29/2023 | Ready for Review-XXXX is our borrower <br>XXXX is her mother.<br> - Seller-10/27/2023 <br> Ready for Review-Document Uploaded. - Seller-10/26/2023 | Resolved-Clarification received. The borrower and the borrower's parent have similar names. Resolved. - Due Diligence Vendor-10/30/2023 <br>Resolved-Letter of explanation to verify borrower staying in 'No Primary Expenses' (Rent Free) uploaded, verified & entered in system - Resolved. - Due Diligence Vendor-10/27/2023<br>| XXXX |  |  | MD | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Property | Appraisal | Property/Appraisal General | Resolved-Corrected 1008 received and updated to 1008 page, resolved. - Due Diligence Vendor-10/05/2023 <br>Ready for Review-Document Uploaded. - Seller-10/03/2023 <br>Ready for Review-Document Uploaded. - Seller-10/03/2023 <br>Open-Asper Deed & 1008 property type is CONDO, but provided appraisal is 1004 & No HOA Fee is used for DSCR Calculation. Please Clarify & provide the updated documents. - Due Diligence Vendor-09/29/2023 | Ready for Review-Document Uploaded. - Seller-10/03/2023 <br>Ready for Review-Document Uploaded. - Seller-10/03/2023<br>| Resolved-Corrected 1008 received and updated to 1008 page, resolved. - Due Diligence Vendor-10/05/2023<br>| XXXX |  |  | MD | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-09/29/2023 <br>Open-The 1008 document is missing from the loan file. The 1008 document is missing in File - Due Diligence Vendor-09/19/2023 |  | Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-09/29/2023<br>|  |  |  | MD | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | HO6 Master Insurance Policy is Missing | Resolved-Per Appraisal Report property is confirmed to be SFR-Attached, therefore HO6 and Master condo insurance is not required, verified - Resolved. - Due Diligence Vendor-10/04/2023 <br> Resolved-HO-6 Master Insurance Policy is fully present - Due Diligence Vendor-10/04/2023 <br> Ready for Review- Per Appraisal Report signed off by XXXX the appraisal is SFR, therefore HO6 and Master condo insurance is not required. - Seller-10/03/2023 <br> Open-Missing HO-6 Master Insurance Policy HO-6 Master Insurance Policy is missing, Property Type is Condominium - Due Diligence Vendor-09/19/2023 | Ready for Review- Per Appraisal Report signed off by XXXX the appraisal is SFR, therefore HO6 and Master condo insurance is not required. - Seller-10/03/2023 | Resolved-Per Appraisal Report property is confirmed to be SFR-Attached, therefore HO6 and Master condo insurance is not required, verified - Resolved. - Due Diligence Vendor-10/04/2023 <br>Resolved-HO-6 Master Insurance Policy is fully present - Due Diligence Vendor-10/04/2023<br>|  |  |  | MD | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Flood Certificate Missing | Resolved-Flood Certificate is fully present - Due Diligence Vendor-10/04/2023 <br>Resolved-Flood Certificate is fully present - Due Diligence Vendor-09/29/2023 <br>Open-Missing Flood Certificate Flood Certificate is missing in File - Due Diligence Vendor-09/19/2023 |  | Resolved-Flood Certificate is fully present - Due Diligence Vendor-10/04/2023 <br>Resolved-Flood Certificate is fully present - Due Diligence Vendor-09/29/2023<br>|  |  |  | MD | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Doc Issue | Missing asset documentation (ATR) | Resolved-Updated 1003 with updated assets & Bank statement to verify the same is uploaded, verified & entered in system - Resolved. - Due Diligence Vendor-10/04/2023 <br>Ready for Review-Document Uploaded. VOD dated 7/25/23 $18,613.58. The total assets required for closing $9398.03 + 3 mos reserves $4874.04 = $11,637.39. .VERIFIED VOD dated 7/25/23 $18,613.58 - Seller-10/03/2023 <br>Open-Provide asset documentation to verify assets from Wells Fargo #5821 asper 1003 & provide additional assets to qualify reserve requirement. - Due Diligence Vendor-09/29/2023 <br>Open-Please provide bank statements to verify the assets, Missing in File - Due Diligence Vendor-09/19/2023 | Ready for Review-Document Uploaded. VOD dated 7/25/23 $18,613.58. The total assets required for closing $9398.03 + 3 mos reserves $4874.04 = $11,637.39. .VERIFIED VOD dated 7/25/23 $18,613.58 - Seller-10/03/2023<br>| Resolved-Updated 1003 with updated assets & Bank statement to verify the same is uploaded, verified & entered in system - Resolved. - Due Diligence Vendor-10/04/2023<br>| Final 1003.pdf<br>VOD.pdf |  |  | MD | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-The Initial 1003 is Present - Due Diligence Vendor-10/04/2023 <br>Resolved-The Initial 1003 is Present Initial 1003 provided in File uploads - Due Diligence Vendor-09/29/2023 <br>Open-The Initial 1003 is Missing Initial 1003 is Missing in File - Due Diligence Vendor-09/19/2023 |  | Resolved-The Initial 1003 is Present - Due Diligence Vendor-10/04/2023 <br>Resolved-The Initial 1003 is Present Initial 1003 provided in File uploads - Due Diligence Vendor-09/29/2023<br>|  |  |  | MD | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Borrower 1 Citizenship Documentation Provided or Not Required Borrower 1 Photo Identification uploaded in File uploads - Due Diligence Vendor-09/29/2023 <br>Open-Borrower 1 Citizenship Documentation Is Missing Citizenship Documentation Is Missing in File - Due Diligence Vendor-09/19/2023 |  | Resolved-Borrower 1 Citizenship Documentation Provided or Not Required Borrower 1 Photo Identification uploaded in File uploads - Due Diligence Vendor-09/29/2023<br>|  |  |  | MD | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Missing Primary Appraisal | Resolved-Validation Resolved - Due Diligence Vendor-09/29/2023 <br>Open-Missing Primary Appraisal - Due Diligence Vendor-09/19/2023 |  | Resolved-Validation Resolved - Due Diligence Vendor-09/29/2023<br>|  |  |  | MD | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing Required for Securitizations | Resolved-Condition Resolved or Not Applicable. - Due Diligence Vendor-09/29/2023 <br>Open-No Secondary Value or Additional Review Products have been selected, which are required for securitization. Request to provide Secondary Valuation CDA or desk review, which are required for securitization. - Due Diligence Vendor-09/19/2023 |  | Resolved-Condition Resolved or Not Applicable. - Due Diligence Vendor-09/29/2023<br>|  |  |  | MD | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-Title Document is fully Present - Due Diligence Vendor-09/29/2023 <br>Open-Title Document is missing in File - Due Diligence Vendor-09/19/2023 |  | Resolved-Title Document is fully Present - Due Diligence Vendor-09/29/2023<br>|  |  |  | MD | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-09/29/2023 <br>Open-Missing Third Party Fraud Report Third Party Fraud Report is missing in File - Due Diligence Vendor-09/19/2023 |  | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-09/29/2023<br>|  |  |  | MD | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | DSCR unknown | Resolved-Lender Loan Approval uploaded in Pg: 22 of File uploads to verify Originator DSCR - Resolved. - Due Diligence Vendor-09/29/2023 <br>Open-DSCR is unknown due to Missing of Lender Approval Form and DSCR Worksheet - Due Diligence Vendor-09/19/2023 |  | Resolved-Lender Loan Approval uploaded in Pg: 22 of File uploads to verify Originator DSCR - Resolved. - Due Diligence Vendor-09/29/2023<br>|  |  |  | MD | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lease Agreement | Resolved-Lease agreement uploaded in Pg: 36 of File uploads - Resolved. - Due Diligence Vendor-09/29/2023 <br>Open-Lease Agreement is Missing in File - Due Diligence Vendor-09/19/2023 |  | Resolved-Lease agreement uploaded in Pg: 36 of File uploads - Resolved. - Due Diligence Vendor-09/29/2023<br>|  |  |  | MD | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Lender Approval Form is Missing | Resolved-Uploaded in Pg: 22 of file uploads - Resolved. - Due Diligence Vendor-09/29/2023 <br>Open-Lender Approval Form is missing in File - Due Diligence Vendor-09/19/2023 |  | Resolved-Uploaded in Pg: 22 of file uploads - Resolved. - Due Diligence Vendor-09/29/2023<br>|  |  |  | MD | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherRisk:APR | Connecticut - Nonprime Home Loan (First Lien) (8/15) | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s _303___ and the Final Closing disclosure on Pg#'s _150___ reflects escrows. Rate lock date was entered correctly – see Pg#'s _337____ An interior and exterior appraisal was completed for this property – see pg _72___ , the appraisal disclosure was provided to the borrower(s)- see Pg#'s_375__ , and copy of the appraisal was given to the borrower – see Pg#'s __138___ for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-01/16/2025 <br>Open-This is a Connecticut Nonprime Home Loan. The loan's (9.564%) APR equals or exceeds the Connecticut Nonprime Home Loan threshold of (8.26%). The difference is (1.304). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.76%). (Conn. Gen. Stat. 36a-760(a)(7)) open - Due Diligence Vendor-01/16/2025 |  | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s _303___ and the Final Closing disclosure on Pg#'s _150___ reflects escrows. Rate lock date was entered correctly – see Pg#'s _337____ An interior and exterior appraisal was completed for this property – see pg _72___ , the appraisal disclosure was provided to the borrower(s)- see Pg#'s_375__ , and copy of the appraisal was given to the borrower – see Pg#'s __138___ for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-01/16/2025<br>|  |  |  | CT | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s _303___ and the Final Closing disclosure on Pg#'s _150___ reflects escrows. Rate lock date was entered correctly – see Pg#'s _337____ An interior and exterior appraisal was completed for this property – see pg _72___ , the appraisal disclosure was provided to the borrower(s)- see Pg#'s_375__ , and copy of the appraisal was given to the borrower – see Pg#'s __138___ for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-01/16/2025 <br>Open-The loan's (9.564%) APR equals or exceeds the Federal HPML threshold of (8.26%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.76%).(12 CFR 1026.35(a)(1)(i)) open - Due Diligence Vendor-01/16/2025 |  | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s _303___ and the Final Closing disclosure on Pg#'s _150___ reflects escrows. Rate lock date was entered correctly – see Pg#'s _337____ An interior and exterior appraisal was completed for this property – see pg _72___ , the appraisal disclosure was provided to the borrower(s)- see Pg#'s_375__ , and copy of the appraisal was given to the borrower – see Pg#'s __138___ for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-01/16/2025<br>|  |  |  | CT | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-the initial CD was provided - Due Diligence Vendor-01/16/2025 <br>Ready for Review-Document Uploaded. - Seller-01/14/2025 <br>Open-TRID: Missing Closing Disclosure TRID: Initial Closing Disclosure is missing from file. - Due Diligence Vendor-01/06/2025 | Ready for Review-Document Uploaded. - Seller-01/14/2025<br>| Resolved-the initial CD was provided - Due Diligence Vendor-01/16/2025<br>| XXXX |  |  | CT | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance (50001252) | Resolved- - Due Diligence Vendor-01/16/2025 <br>Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Credit Report Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). - Due Diligence Vendor-01/16/2025 |  | Resolved- - Due Diligence Vendor-01/16/2025<br>|  |  |  | CT | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information B A | Compliance | Compliance | Deficient E-Sign Form. | Resolved-Document sufficient - Due Diligence Vendor-01/14/2025 <br>Ready for Review-Document Uploaded. - Seller-01/14/2025 <br>Open-Provide the E-signature document - Due Diligence Vendor-01/09/2025 | Ready for Review-Document Uploaded. - Seller-01/14/2025<br>| Resolved-Document sufficient - Due Diligence Vendor-01/14/2025<br>| XXXX |  |  | CT | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-LOX provided stating borrower residing in the property since 2008 and their property was purchased with one single payment. Resolved - Due Diligence Vendor-03/28/2025 <br>Ready for Review-Document Uploaded. Please consider the attached document. - Buyer-03/27/2025 <br>Open-Housing History Does Not Meet Guideline Requirements Borrower has been living in primary residence for 17 years per 1003, However no supporting docs in file. Provide 12 months housing history. - Due Diligence Vendor-02/03/2025 |  | Resolved-LOX provided stating borrower residing in the property since 2008 and their property was purchased with one single payment. Resolved - Due Diligence Vendor-03/28/2025<br>| PR Payment History Nader (2).pdf |  |  | FL | Investment | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Credit Report is Missing | Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-03/28/2025 <br>Resolved-3 Reference letters provided as borrower is foreign national. - Due Diligence Vendor-02/06/2025 <br>Ready for Review-Document Uploaded. 3 Reference letters provided - Buyer-02/06/2025 <br>Ready for Review-Document Uploaded. Uploaded - Buyer-02/06/2025 <br>Open-Borrower 1 Credit Report is Missing. Provie alternative credit or an international credit report as borrower is foreign national. - Due Diligence Vendor-02/03/2025 |  | Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-03/28/2025 <br>Resolved-3 Reference letters provided as borrower is foreign national. - Due Diligence Vendor-02/06/2025<br>| XXXX |  |  | FL | Investment | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Guarantor Recourse Doc is missing. | Resolved-Requested Guaranty Agreement provided hence resolved.<br> - Due Diligence Vendor-03/14/2025 <br>Ready for Review-Document Uploaded. Please see attached.<br> - Buyer-03/13/2025 <br>Open-Provide Guaranty Agreement. - Due Diligence Vendor-02/03/2025 |  | Resolved-Requested Guaranty Agreement provided hence resolved.<br> - Due Diligence Vendor-03/14/2025<br>| XXXX |  |  | FL | Investment | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Business Purpose Affidavit is Missing | Resolved-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Present', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. - Due Diligence Vendor-02/07/2025 <br>Resolved-Lender provided business purpose disclosure. Finding resolved. - Due Diligence Vendor-02/07/2025 <br>Ready for Review-Document Uploaded. Business purpose on page 2 - Seller-02/05/2025 <br>Open-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Missing', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. Business Purpose disclosure missing from file.<br> - Due Diligence Vendor-02/03/2025 | Ready for Review-Document Uploaded. Business purpose on page 2 - Seller-02/05/2025<br>| Resolved-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Present', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. - Due Diligence Vendor-02/07/2025 <br>Resolved-Lender provided business purpose disclosure. Finding resolved. - Due Diligence Vendor-02/07/2025<br>| XXXX |  |  | FL | Investment | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Tradeline minimum has not met guidelines | Resolved-3 Reference letters provided as borrower is foreign national.<br> - Due Diligence Vendor-02/06/2025 <br>Ready for Review-Document Uploaded. 3 reference letters provided - Seller-02/06/2025 <br>Ready for Review-Document Uploaded. Reference letter provided - Buyer-02/06/2025 <br>Open-Borrower does not have credit report or has insufficient tradelines. Per GL's Provide Letters of reference from verifiable financial institutions in the U.S. or a foreign country may be used to establish sufficient tradelines. - Due Diligence Vendor-02/03/2025 | Ready for Review-Document Uploaded. 3 reference letters provided - Seller-02/06/2025<br>| Resolved-3 Reference letters provided as borrower is foreign national.<br> - Due Diligence Vendor-02/06/2025<br>| XXXX |  |  | FL | Investment | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Letters from the foreign bank and credit card in file meet the requirement for Foreign Nationals, Resolved. - Due Diligence Vendor-08/12/2025 <br>Rejected-3 credit references provided; however, condition remains for missing 12-month housing history required for borrower's primary residence per guidelines (14.3.4.4) for Foreign Nationals. - Due Diligence Vendor-03/07/2025 <br>Ready for Review-Document Uploaded. please see attached. - Buyer-03/05/2025 <br>Open-Housing History Does Not Meet Guideline Requirements 12-month housing history required for borrower's primary residence per guidelines for Foreign Nationals. Missing documentation in file to verify borrower owns primary. - Due Diligence Vendor-02/10/2025 |  | Resolved-Letters from the foreign bank and credit card in file meet the requirement for Foreign Nationals, Resolved. - Due Diligence Vendor-08/12/2025<br>| MergedDocument.pdf |  |  | FL | Investment | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Guarantor Recourse Doc is missing. | Resolved-Guaranty Agreement provided. Resolved - Due Diligence Vendor-03/17/2025 <br>Resolved-Guaranty Agreement provided. Resolved - Due Diligence Vendor-03/17/2025 <br>Ready for Review-Document Uploaded. Please see attached. - Buyer-03/14/2025 <br>Open-Guaranty Agreement Document is missing from file. - Due Diligence Vendor-02/06/2025 |  | Resolved-Guaranty Agreement provided. Resolved - Due Diligence Vendor-03/17/2025 <br>Resolved-Guaranty Agreement provided. Resolved - Due Diligence Vendor-03/17/2025<br>| GUARANTY.pdf |  |  | FL | Investment | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | DSCR unknown | Resolved-Tax cert provided. Condition satisfied. - Due Diligence Vendor-03/13/2025 <br>Ready for Review-Document Uploaded. Please see attached tax cert. - Buyer-03/11/2025 <br>Open-Per 1007 market rent of $10021 with 20% expense factor equates to $8016.80 for short term rental divided by PITIA equals $5084.64 for 1.58 DSCR. Missing tax cert in file. Tape data reflects DSCR 1.708. - Due Diligence Vendor-02/10/2025 |  | Resolved-Tax cert provided. Condition satisfied. - Due Diligence Vendor-03/13/2025<br>| MergedDocument.pdf |  |  | FL | Investment | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Tradeline minimum has not met guidelines | Resolved-Evidence of 3 open accounts provided along with translated letters from the banking institutions. - Due Diligence Vendor-03/07/2025 <br>Ready for Review-Document Uploaded. Please see attached. - Seller-03/05/2025 <br>Open-Per guidelines, Foreign National borrower requires 3 open accounts to be verified. 2 references letters provided in file. - Due Diligence Vendor-02/10/2025 | Ready for Review-Document Uploaded. Please see attached. - Seller-03/05/2025<br>| Resolved-Evidence of 3 open accounts provided along with translated letters from the banking institutions. - Due Diligence Vendor-03/07/2025<br>| MergedDocument.pdf<br>MergedDocument.pdf |  |  | FL | Investment | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Citizenship Identification Documentation Missing | Resolved-Copy of unexpired Visa provided. - Due Diligence Vendor-03/07/2025 <br>Ready for Review-Document Uploaded. please see attached.<br> - Seller-03/05/2025 <br>Open-Borrower 1 Non-US Citizen Identification Document Missing. Please provide acceptable documentation. Per guidelines, copy of borrower's passport and unexpired visa must be obtained. Missing visa in file. - Due Diligence Vendor-02/10/2025 | Ready for Review-Document Uploaded. please see attached.<br> - Seller-03/05/2025<br>| Resolved-Copy of unexpired Visa provided. - Due Diligence Vendor-03/07/2025 | MergedDocument.pdf |  |  | FL | Investment | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Tax cert provided. Resolved - Due Diligence Vendor-03/06/2025 <br> Ready for Review-Document Uploaded. Please see attached. - Seller-03/05/2025 <br> Open-Missing Evidence of Property Tax Evidence of Property Tax with amount $XXXX is missing from file. - Due Diligence Vendor-02/06/2025 | Ready for Review-Document Uploaded. Please see attached. - Seller-03/05/2025<br>| Resolved-Tax cert provided. Resolved - Due Diligence Vendor-03/06/2025<br>| MergedDocument.pdf |  |  | FL | Investment | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Acknowledged | 2 - Non-Material D B | Compliance | Missing Doc | The Final 1003 is Incomplete | Acknowledged-BPL EV2 - Due Diligence Vendor-02/13/2025 <br>Unable to Resolve-Unable to Resolve-DH Agrees to waive; please downgrade to a Non-Material Grade 2<br>- Seller-02/12/2025 <br>Open-Note is signed by member of business entity. Loan application required for business per guidelines. - Due Diligence Vendor-02/10/2025 | Unable to Resolve-Unable to Resolve-DH Agrees to waive; please downgrade to a Non-Material Grade 2<br>- Seller-02/12/2025<br>| Acknowledged-BPL EV2 - Due Diligence Vendor-02/13/2025 |  |  |  | FL | Investment | Purchase | NA | XXXX | Originator Post-Close | No |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Tolerance:FinanceCharge | Federal - Finance Charge Disclosure Tolerance (Closed End) | Resolved-Resolved - Due Diligence Vendor-02/24/2025 <br>Ready for Review-Document Uploaded. I've attached a copy of our finance charge test. For our test, the Realtor Admin Fee of $395.00 was not included as part of the finance charge, and we are passing. Your test shows it as a general Administration Fee. Please confirm if your test is accurate to show it as a finance charge. If so, we will work with our compliance department for clarification. - Seller-02/21/2025 <br>Counter-The disclosed finance charge ($512,771.82) is ($191.00) below the actual finance charge($512,962.82). The Truth in Lending Act considers the disclosed finance charge inaccurate if it is more than $100 below the actual finance charge. (12 CFR 1026.18(d)(1); OSC 17(c)(2)(ii)-1). - Due Diligence Vendor-02/20/2025 <br>Ready for Review-Document Uploaded. - Seller-02/18/2025 <br>Ready for Review-Document Uploaded. The Reinspection fee was paid by the borrower with proof, the Lender's system displays it a specific way. Please see attached invoice. - Seller-02/18/2025 <br>Open-The disclosed finance charge ($512,771.82) is ($191.00) below the actual finance charge($512,962.82). The Truth in Lending Act considers the disclosed finance charge inaccurate if it is more than $100 below the actual finance charge. (12 CFR 1026.18(d)(1); OSC 17(c)(2)(ii)-1) We have Reinspection -$125 amount negative value in Final CD, hence there is difference. - Due Diligence Vendor-02/11/2025 | Ready for Review-Document Uploaded. I've attached a copy of our finance charge test. For our test, the Realtor Admin Fee of $395.00 was not included as part of the finance charge, and we are passing. Your test shows it as a general Administration Fee. Please confirm if your test is accurate to show it as a finance charge. If so, we will work with our compliance department for clarification. - Seller-02/21/2025 <br>Ready for Review-Document Uploaded. - Seller-02/18/2025 <br>Ready for Review-Document Uploaded. The Reinspection fee was paid by the borrower with proof, the Lender's system displays it a specific way. Please see attached invoice. - Seller-02/18/2025<br>| Resolved-Resolved - Due Diligence Vendor-02/24/2025<br>| XXXX |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Tolerance Cure (50001028) | Resolved- - Due Diligence Vendor-02/20/2025 <br>Ready for Review-Document Uploaded. - Seller-02/18/2025 <br>Ready for Review-Document Uploaded. The Reinspection fee was paid by the borrower with proof, the Lender's system displays it a specific way. Please see attached invoice. - Seller-02/18/2025 <br>Open-A Lender Credit for Excess Charges of ($0.00), Principal Reduction for Excess Charges of ($0.00), and general or specific lender credit increases of ($125.00) were applied to the total fee variance of ($250.00) between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. We have Reinspection -$125 amount negative value in Final CD, hence there is difference. Can't have negative values, - Due Diligence Vendor-02/11/2025 | Ready for Review-Document Uploaded. - Seller-02/18/2025 <br>Ready for Review-Document Uploaded. The Reinspection fee was paid by the borrower with proof, the Lender's system displays it a specific way. Please see attached invoice. - Seller-02/18/2025<br>| Resolved- - Due Diligence Vendor-02/20/2025<br>| XXXX |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Income/Employment | Borrower 1 Paystubs Less Than 1 Month Provided | Resolved-Per GL's - No paystubs required since the income has been qualified with WVOE. Resolved - Due Diligence Vendor-02/19/2025 <br>Ready for Review-Per our UW: No updated paystubs are needed for this file they are good for 60 days since it's a TRID loan unless the servicer is wanting some within 30 days. I've updated the income expiration dates for you and printed an updated approval in the file. They just need to provide a verbal VOE within 10 days. - Seller-02/18/2025 <br>Open-Borrower 1 Paystubs Less Than 1 Month Provided Provide the latest Paystubs as it is less than one month. - Due Diligence Vendor-02/11/2025 | Ready for Review-Per our UW: No updated paystubs are needed for this file they are good for 60 days since it's a TRID loan unless the servicer is wanting some within 30 days. I've updated the income expiration dates for you and printed an updated approval in the file. They just need to provide a verbal VOE within 10 days. - Seller-02/18/2025<br>| Resolved-Per GL's - No paystubs required since the income has been qualified with WVOE. Resolved - Due Diligence Vendor-02/19/2025<br>|  |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Provided. Resolved - Due Diligence Vendor-02/19/2025 <br>Ready for Review-Document Uploaded. - Seller-02/18/2025 <br>Open-Borrower 1 3rd Party VOE Prior to Close Missing Provide the 3rd Party VOE Prior to Close document as it is missing. - Due Diligence Vendor-02/11/2025 | Ready for Review-Document Uploaded. - Seller-02/18/2025<br>| Resolved-Borrower 1 3rd Party VOE Prior to Close Provided. Resolved - Due Diligence Vendor-02/19/2025<br>| XXXX |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Maryland - Higher Priced Mortgage Loan (First Lien 06/2013)(Conforming) | Resolved-Under the Regulations adopted by the Maryland Commissioner of Financial Regulation, as applicable to Mortgage Lenders, this is a Higher-Priced Mortgage. The loan's APR of (8.921%) equals or exceeds the Maryland Higher-Priced Mortgage threshold of (8.48%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.98%). (COMAR 09.03.06.02(B)(13); 12 CFR 1026.35(a)(1)(i)) . - Due Diligence Vendor-02/24/2025 <br>Resolved-Under the Regulations adopted by the Maryland Commissioner of Financial Regulation, as applicable to Mortgage Lenders, this is a Higher-Priced Mortgage. The loan's APR of (8.929%) equals or exceeds the Maryland Higher-Priced Mortgage threshold of (8.48%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.98%). (COMAR 09.03.06.02(B)(13); 12 CFR 1026.35(a)(1)(i)) Under the Regulations adopted by the Maryland Commissioner of Financial Regulation, as applicable to Mortgage Lenders, this is a Higher-Priced Mortgage. The loan's APR of (9.454%) equals or exceeds the Maryland Higher-Priced Mortgage threshold of (8.48%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.98%). (COMAR 09.03.06.02(B)(13); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 281, 253 and the Final Closing disclosure on Pg#'s 119, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 307, 108. An interior and exterior appraisal was completed for this property – see pg# 69, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 67, and confirmation the appraisal was delivered to the borrower – see Pg#'s 66. The loan meets HPML guidelines, resolved.<br> - Due Diligence Vendor-02/20/2025 <br>Resolved-Under the Regulations adopted by the Maryland Commissioner of Financial Regulation, as applicable to Mortgage Lenders, this is a Higher-Priced Mortgage. The loan's APR of (9.454%) equals or exceeds the Maryland Higher-Priced Mortgage threshold of (8.48%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.98%). (COMAR 09.03.06.02(B)(13); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 281, 253 and the Final Closing disclosure on Pg#'s 119, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 307, 108. An interior and exterior appraisal was completed for this property – see pg# 69, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 67, and confirmation the appraisal was delivered to the borrower – see Pg#'s 66. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-02/11/2025 |  | Resolved-Under the Regulations adopted by the Maryland Commissioner of Financial Regulation, as applicable to Mortgage Lenders, this is a Higher-Priced Mortgage. The loan's APR of (8.921%) equals or exceeds the Maryland Higher-Priced Mortgage threshold of (8.48%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.98%). (COMAR 09.03.06.02(B)(13); 12 CFR 1026.35(a)(1)(i)) . - Due Diligence Vendor-02/24/2025 <br>Resolved-Under the Regulations adopted by the Maryland Commissioner of Financial Regulation, as applicable to Mortgage Lenders, this is a Higher-Priced Mortgage. The loan's APR of (8.929%) equals or exceeds the Maryland Higher-Priced Mortgage threshold of (8.48%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.98%). (COMAR 09.03.06.02(B)(13); 12 CFR 1026.35(a)(1)(i)) Under the Regulations adopted by the Maryland Commissioner of Financial Regulation, as applicable to Mortgage Lenders, this is a Higher-Priced Mortgage. The loan's APR of (9.454%) equals or exceeds the Maryland Higher-Priced Mortgage threshold of (8.48%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.98%). (COMAR 09.03.06.02(B)(13); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 281, 253 and the Final Closing disclosure on Pg#'s 119, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 307, 108. An interior and exterior appraisal was completed for this property – see pg# 69, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 67, and confirmation the appraisal was delivered to the borrower – see Pg#'s 66. The loan meets HPML guidelines, resolved.<br> - Due Diligence Vendor-02/20/2025 <br>Resolved-Under the Regulations adopted by the Maryland Commissioner of Financial Regulation, as applicable to Mortgage Lenders, this is a Higher-Priced Mortgage. The loan's APR of (9.454%) equals or exceeds the Maryland Higher-Priced Mortgage threshold of (8.48%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.98%). (COMAR 09.03.06.02(B)(13); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 281, 253 and the Final Closing disclosure on Pg#'s 119, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 307, 108. An interior and exterior appraisal was completed for this property – see pg# 69, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 67, and confirmation the appraisal was delivered to the borrower – see Pg#'s 66. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-02/11/2025<br>|  |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (8.921%) APR equals or exceeds the Federal HPML threshold of (8.48%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.98%).(12 CFR 1026.35(a)(1)(i)) . - Due Diligence Vendor-02/24/2025 <br> Resolved-The loan's (8.929%) APR equals or exceeds the Federal HPML threshold of (8.48%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.98%).(12 CFR 1026.35(a)(1)(i)) The loan's (9.454%) APR equals or exceeds the Federal HPML threshold of (8.48%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.98%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 281, 253 and the Final Closing disclosure on Pg#'s 119, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 307, 108. An interior and exterior appraisal was completed for this property – see pg# 69, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 67, and confirmation the appraisal was delivered to the borrower – see Pg#'s 66. The loan meets HPML guidelines, resolved.<br> - Due Diligence Vendor-02/20/2025 <br> Resolved-The loan's (9.454%) APR equals or exceeds the Federal HPML threshold of (8.48%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.98%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 281, 253 and the Final Closing disclosure on Pg#'s 119, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 307, 108. An interior and exterior appraisal was completed for this property – see pg# 69, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 67, and confirmation the appraisal was delivered to the borrower – see Pg#'s 66. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-02/11/2025 |  | Resolved-The loan's (8.921%) APR equals or exceeds the Federal HPML threshold of (8.48%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.98%).(12 CFR 1026.35(a)(1)(i)) . - Due Diligence Vendor-02/24/2025 <br>Resolved-The loan's (8.929%) APR equals or exceeds the Federal HPML threshold of (8.48%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.98%).(12 CFR 1026.35(a)(1)(i)) The loan's (9.454%) APR equals or exceeds the Federal HPML threshold of (8.48%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.98%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 281, 253 and the Final Closing disclosure on Pg#'s 119, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 307, 108. An interior and exterior appraisal was completed for this property – see pg# 69, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 67, and confirmation the appraisal was delivered to the borrower – see Pg#'s 66. The loan meets HPML guidelines, resolved.<br> - Due Diligence Vendor-02/20/2025 <br>Resolved-The loan's (9.454%) APR equals or exceeds the Federal HPML threshold of (8.48%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.98%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 281, 253 and the Final Closing disclosure on Pg#'s 119, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 307, 108. An interior and exterior appraisal was completed for this property – see pg# 69, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 67, and confirmation the appraisal was delivered to the borrower – see Pg#'s 66. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-02/11/2025<br>|  |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Acknowledged | 2 - Non-Material D B | Credit | Missing Doc | Business Purpose Affidavit is Missing | Acknowledged-BPL Initial BPA only, EV2 - Due Diligence Vendor-03/05/2025 <br>Unable to Resolve-Unable to Resolve-DH Agrees to waive; please downgrade to a Non-Material Grade 2. - Buyer-03/04/2025 <br>Open-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Missing', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. We have Final Business Purpose Affidavit Disclosure on page #466. Provide missing initial Business Purpose Affidavit Disclosure. - Due Diligence Vendor-02/15/2025 |  | Acknowledged-BPL Initial BPA only, EV2 - Due Diligence Vendor-03/05/2025<br>|  |  |  | FL | Investment | Purchase | NA | XXXX | Originator Post-Close | No |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document is Partially Present | Resolved-Evidence of qualifying Land Lease terms provided. - Due Diligence Vendor-02/25/2025 <br>Ready for Review-Document Uploaded. - Buyer-02/21/2025 <br>Ready for Review-Document Uploaded. - Buyer-02/21/2025 <br>Open-Provide missing terms of Leasehold. Subject property rights is a Leasehold. - Due Diligence Vendor-02/20/2025 |  | Resolved-Evidence of qualifying Land Lease terms provided. - Due Diligence Vendor-02/25/2025<br>| Land Lease - email from title re lease payments.pdf<br>Title - Land Lease Agreement.pdf |  |  | FL | Investment | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Credit | Tradeline minimum has not met guidelines | Waived-Waiver and comp factors accepted - Due Diligence Vendor-02/24/2025 <br>Unable to Resolve-Unable to Resolve-DH approves exception - Buyer-02/21/2025 <br>Open-We have an exception in file on page #578 for "Requesting exception to minimum of two tradelines reporting open in the<br> last 24 months with activity in the last 12 months. Borrowers have one tradeline open for 24 months and reporting active in the last 12 months, then they also have one open for 18 months and reporting active in the last 12 months.", Recommends waiving as we have sufficient comp factors. - Due Diligence Vendor-02/17/2025 |  | Waived-Waiver and comp factors accepted - Due Diligence Vendor-02/24/2025<br>|  |  | 1. DSCR is 1.236. Minimum required per guidelines is 1.<br> 2. LTV is 65.52%. Maximum allowed per guidelines is 75%.<br> 3. Borrower(s) have 19.06 months Reserves. Minimum required per guidelines is 3 months. | FL | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Hazard Insurance Policy is Missing | Resolved-Hazard Insurance Policy uploaded, Verified & entered in system - Resolved - Due Diligence Vendor-03/10/2025 <br>Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-03/10/2025 <br>Ready for Review-Document Uploaded. - Seller-03/07/2025 <br>Open-Missing Hazard Insurance Policy Provide a copy of the insurance for policy #xx - Due Diligence Vendor-03/05/2025 | Ready for Review-Document Uploaded. - Seller-03/07/2025<br>| Resolved-Hazard Insurance Policy uploaded, Verified & entered in system - Resolved - Due Diligence Vendor-03/10/2025 <br>Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-03/10/2025<br>| XXXX |  |  | NJ | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information B A | Credit | Doc Issue | Notice of Special Flood Hazards Disclosure is Missing | Resolved-Loan agreement language addresses - resolving on a BPL loan - Due Diligence Vendor-03/18/2025 <br>Counter-Notice of Special Flood Hazards Disclosure is Missing from file and property is in a flood zone.<br> - Due Diligence Vendor-03/12/2025 <br>Ready for Review-Document Uploaded. Regarding the Notice of Special Flood Hazard Disclosure form, our loan document provider GoDocs does not create a separate form for this. The information regarding flood insurance requirements is listed in Section D2 of the loan agreement. - Seller-03/11/2025 <br>Open-Notice of Special Flood Hazards Disclosure is Missing from file and property is in a flood zone. <br> - Due Diligence Vendor-03/07/2025 | Ready for Review-Document Uploaded. Regarding the Notice of Special Flood Hazard Disclosure form, our loan document provider GoDocs does not create a separate form for this. The information regarding flood insurance requirements is listed in Section D2 of the loan agreement. - Seller-03/11/2025<br>| Resolved-Loan agreement language addresses - resolving on a BPL loan - Due Diligence Vendor-03/18/2025<br>| XXXX |  |  | NJ | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| West One Capital Group | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-03/12/2025 <br>Ready for Review-Document Uploaded. - Seller-03/12/2025 <br>Counter-Requesting an updated 1008. The HOA on the appraisal is $465, the HOA on the 1008 is $220 causing a difference in HTI / DTI. - Due Diligence Vendor-03/12/2025 <br>Ready for Review-Document Uploaded. - Seller-03/12/2025 <br>Ready for Review-Document Uploaded. - Seller-03/11/2025 <br>Counter-On the attached 1008 First Mortgage P&I is showing $27,437.94. As used Qualifying Interest Rate Method is Greater of Start rate or Fully Indexed Rate at Fully Amortized Payment for Interest Only rate note, monthly P&I for 1-10 years is $26,250 and for 11-40 years is $29,002.78, due to which audited HTI is 32.89% and DTI as 35.00%. - Due Diligence Vendor-03/11/2025 <br>Ready for Review-Document Uploaded. - Seller-03/10/2025 <br>Open-The 1008 document is missing from the loan file. On Final 1008 First Mortgage P&I is showing $27,437.94. As used Qualifying Interest Rate Method is Greater of Start rate or Fully Indexed Rate at Fully Amortized Payment for Interest Only rate note, monthly P&I for 1-10 years is $26,250 and for 11-40 years is $29,002.78 and Monthly HOA dues on Primary appraisal document is showing $465, whereas 1008 is showing $220, due to which calculated HTI is showing 32.89% and DTI as 35.00% whereas U/W calculated HTI is 31.25% and DTI is 33.369%. - Due Diligence Vendor-03/07/2025 | Ready for Review-Document Uploaded. - Seller-03/12/2025 <br>Ready for Review-Document Uploaded. - Seller-03/12/2025 <br>Ready for Review-Document Uploaded. - Seller-03/11/2025 <br>Ready for Review-Document Uploaded. - Seller-03/10/2025<br>| Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-03/12/2025<br>| 1008.pdf<br>revised 1008.pdf<br>revised 1008.pdf<br>1008.pdf |  |  | NV | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| West One Capital Group | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance (50001252) | Resolved-COC provided and updated to file, resolved. - Due Diligence Vendor-03/11/2025 <br>Ready for Review-Document Uploaded. - Seller-03/10/2025 <br>Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Processing Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). Processing fee of $795 in initial LE has been increased to $1795 in Initial CD without a valid change of circumstances. - Due Diligence Vendor-03/07/2025 | Ready for Review-Document Uploaded. - Seller-03/10/2025<br>| Resolved-COC provided and updated to file, resolved. - Due Diligence Vendor-03/11/2025<br>| coc.pdf |  |  | NV | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| West One Capital Group | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset General | Resolved-Multiple bank statements verify EMD Transactions, resolved. - Due Diligence Vendor-03/11/2025 <br> Ready for Review-Document Uploaded. PAGE 293 shows deposit of XXXX not XXXX<br> Please see page 293 and the closing CD. - Seller-03/10/2025 <br> Open-Final CD showing total amount of deposit is $XXXX, whereas we can verify Total amount of deposit as $XXXX, pg#289-291 and on Final sales price letter pg#325, also on pg#97, 101, 107, 104 of bank statements. - Due Diligence Vendor-03/07/2025 | Ready for Review-Document Uploaded. PAGE 293 shows deposit of 1,000,000.00 not 2,000,000.00<br> Please see page 293 and the closing CD. - Seller-03/10/2025<br>| Resolved-Multiple bank statements verify EMD Transactions, resolved. - Due Diligence Vendor-03/11/2025<br>| EMD PHOTO.pdf<br>CURRENT PAGE OF CD SHOWING DEPOST OF 1,000,000.00.pdf |  |  | NV | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| West One Capital Group | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited Loan Amount is greater than Guideline Maximum Loan Amount | Open-Audited Loan Amount of $XXXX is greater than the Guideline Maximum Loan Amount of $XXXX, exception is available on the file for the same on pg#535 - Due Diligence Vendor-03/07/2025 |  |  |  |  | 1. Qualifying LTV is 62.79%. Maximum allowed per guidelines is 80%.<br> 2. Qualifying DTI is 33.369%. Maximum allowed per guidelines is 50%.<br>| NV | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 3rd Party VOE Prior to Close Missing | Resolved-Borrower 2 3rd Party VOE Prior to Close Provided. Resolved - Due Diligence Vendor-03/28/2025 <br>Ready for Review-Document Uploaded. Uploaded for review - Buyer-03/27/2025 <br>Open-Borrower 2 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-03/14/2025 |  | Resolved-Borrower 2 3rd Party VOE Prior to Close Provided. Resolved - Due Diligence Vendor-03/28/2025<br>| xx_Roof VOE.pdf |  | 688 FICO. 660 Min. | OH | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Requested 12 Months Bank Statements showing proof of Rent payments provided in Findings hence resolved. - Due Diligence Vendor-03/25/2025 <br>Resolved-Validation Resolved' - Due Diligence Vendor-03/25/2025 <br>Ready for Review-Document Uploaded. Rent payments made directly to mortgage company - Seller-03/24/2025 <br>Open-VOR/VOM Doc Status should not be 'Missing'. Borrower is stating rent per final 1003, VOR is missing in File to verify housing history. - Due Diligence Vendor-03/19/2025 | Ready for Review-Document Uploaded. Rent payments made directly to mortgage company - Seller-03/24/2025<br>| Resolved-Requested 12 Months Bank Statements showing proof of Rent payments provided in Findings hence resolved. - Due Diligence Vendor-03/25/2025 <br>Resolved-Validation Resolved' - Due Diligence Vendor-03/25/2025<br>| xx_Roof rent pmts directly to mtg company.pdf |  | 688 FICO. 660 Min. | OH | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Requested 12 Months Bank Statements showing proof of Rent payments provided in Findings hence resolved. - Due Diligence Vendor-03/25/2025 <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-03/25/2025 <br>Ready for Review-Document Uploaded. Rent payments made directly to mortgage company - Buyer-03/24/2025 <br>Open-Housing History Does Not Meet Guideline Requirements Borrower is stating rent per final 1003, VOR is missing in File to verify housing history. - Due Diligence Vendor-03/18/2025 |  | Resolved-Requested 12 Months Bank Statements showing proof of Rent payments provided in Findings hence resolved. - Due Diligence Vendor-03/25/2025 <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-03/25/2025<br>| xx_Roof rent pmts directly to mtg company.pdf |  | 688 FICO. 660 Min. | OH | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (9.339%) APR equals or exceeds the Federal HPML threshold of (8.57%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (7.07%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#871 and the Final Closing disclosure on Pg#603. Rate lock date was entered correctly see Pg#'s 920 An interior and exterior appraisal was completed for this property – see pg 27-29 the appraisal disclosure was provided to the borrower(s)- see Pg#' 136, 1039-1040 Ch and copy of the appraisal was given to the borrower see Pg 136, 1039-1040, 903for the copy of the disclosure. The loan meets HPML guidelines" - Due Diligence Vendor-03/18/2025 |  | Resolved-The loan's (9.339%) APR equals or exceeds the Federal HPML threshold of (8.57%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (7.07%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#871 and the Final Closing disclosure on Pg#603. Rate lock date was entered correctly see Pg#'s 920 An interior and exterior appraisal was completed for this property – see pg 27-29 the appraisal disclosure was provided to the borrower(s)- see Pg#' 136, 1039-1040 Ch and copy of the appraisal was given to the borrower see Pg 136, 1039-1040, 903for the copy of the disclosure. The loan meets HPML guidelines" - Due Diligence Vendor-03/18/2025<br>|  |  |  | OH | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Tolerance:FinanceCharge | Federal - Finance Charge Disclosure Tolerance (Closed End) | Resolved-Fee was updated on all disclosures. - Due Diligence Vendor-04/09/2025 <br> Ready for Review-Document Uploaded. The reinspection fee for the appraisal was disclosed on the initial LE. - Seller-04/07/2025 <br> Open-The disclosed finance charge ($XXXX) is ($XXXX) below the actual finance charge($XXXX). The Truth in Lending Act considers the disclosed finance charge inaccurate if it is more than $XXXX below the actual finance charge. (12 CFR 1026.18(d)(1); OSC 17(c)(2)(ii)-1) - Due Diligence Vendor-04/02/2025 | Ready for Review-Document Uploaded. The reinspection fee for the appraisal was disclosed on the initial LE. - Seller-04/07/2025<br>| Resolved-Fee was updated on all disclosures. - Due Diligence Vendor-04/09/2025<br>| XXXX |  |  | NV | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance (50001252) | Resolved- - Due Diligence Vendor-04/09/2025 <br>Ready for Review-Document Uploaded. The reinspection fee was disclosed on the initial LE. Attached. - Seller-04/07/2025 <br>Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Reinspection Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). - Due Diligence Vendor-04/02/2025 | Ready for Review-Document Uploaded. The reinspection fee was disclosed on the initial LE. Attached. - Seller-04/07/2025<br>| Resolved- - Due Diligence Vendor-04/09/2025<br>| XXXX |  |  | NV | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Disclosure | Missing PCCD. | Resolved-PCCD uploaded and resolved. - Due Diligence Vendor-04/02/2025 <br> Ready for Review-Document Uploaded. The Borrowers are getting back what was overpaid of their own money. They wired $15,200 too much, therefore are getting that exact amount back at closing. I updated the PCCD. Please review. - Seller-03/31/2025 <br> Counter-The attached CD shows the borrower is getting cash back of $15,443.25 and also deposited $15,200. Requesting updated PCCD. - Due Diligence Vendor-03/31/2025 <br> Ready for Review-Document Uploaded. The borrower had the 100K gift which is listed. They also had a $3102.30 , and $15,200 . . The wire receipt to title I am attaching for the $15,200 & $3102.30 - Seller-03/27/2025 <br> Counter-The attached CD has additional deposits or gifts. Requesting to provide updated PCCD. - Due Diligence Vendor-03/26/2025 <br> Ready for Review-Document Uploaded. See attached. - Seller-03/24/2025 <br> Open- As per 1003 and wire transfers, the Gift Funds for $100,000 are not listed on the Final Closing Disclosure. Requesting updated PCCD with gift amount. - Due Diligence Vendor-03/19/2025 | Ready for Review-Document Uploaded. The Borrowers are getting back what was overpaid of their own money. They wired $15,200 too much, therefore are getting that exact amount back at closing. I updated the PCCD. Please review. - Seller-03/31/2025 <br>Ready for Review-Document Uploaded. The borrower had the 100K gift which is listed. They also had a $3102.30 , and $15,200 . . The wire receipt to title I am attaching for the $15,200 & $3102.30 - Seller-03/27/2025 <br>Ready for Review-Document Uploaded. See attached. - Seller-03/24/2025<br>| Resolved-PCCD uploaded and resolved. - Due Diligence Vendor-04/02/2025<br>| XXXX |  |  | NV | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 3 Does Not Meet Guideline Requirements | Resolved-Asset Record 3 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-03/31/2025 <br> Ready for Review-Document Uploaded. see attached - Seller-03/27/2025 <br> Open-Asset Record 3 Does Not Meet G/L Requirements Required Down Payment $XXXX. Gift Letter $XXXX. Wire from Donor to Escrow for $XXXX3/14/2025. Requesting Gift Letter of $XXXX. - Due Diligence Vendor-03/24/2025 | Ready for Review-Document Uploaded. see attached - Seller-03/27/2025<br>| Resolved-Asset Record 3 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-03/31/2025<br>| XXXX |  |  | NV | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Missing | Resolved-The Final 1003 is Present - Due Diligence Vendor-03/26/2025 <br>Ready for Review-Document Uploaded. attached - Seller-03/24/2025 <br>Open-The Final 1003 is Missing Permanent Resident Alien Form I-551 in documentation. Requesting Final 1003 as Permanent Resident Alien. - Due Diligence Vendor-03/24/2025 | Ready for Review-Document Uploaded. attached - Seller-03/24/2025<br>| Resolved-The Final 1003 is Present - Due Diligence Vendor-03/26/2025<br>| XXXX |  |  | NV | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (10.774%) APR equals or exceeds the Federal HPML threshold of (8.37%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.87%).(12 CFR 1026.35(a)(1)(i)) The loan's (10.779%) APR equals or exceeds the Federal HPML threshold of (8.37%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.87%).(12 CFR 1026.35(a)(1)(i)) The loan's (10.774%) APR equals or exceeds the Federal HPML threshold of (8.37%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.87%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#420 and the Final Closing disclosure on Pg#250, Finding reflects escrows. Rate lock date was entered correctly – see Pg#248. An interior and exterior appraisal was completed for this property – see pg 23, the appraisal disclosure was provided to the borrower(s)- see Pg#1087, and confirmation the appraisal was delivered to the borrower – see Pg#299. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/09/2025 <br>Resolved-The loan's (10.779%) APR equals or exceeds the Federal HPML threshold of (8.37%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.87%).(12 CFR 1026.35(a)(1)(i)) The loan's (10.774%) APR equals or exceeds the Federal HPML threshold of (8.37%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.87%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#420 and the Final Closing disclosure on Pg#250, Finding reflects escrows. Rate lock date was entered correctly – see Pg#248. An interior and exterior appraisal was completed for this property – see pg 23, the appraisal disclosure was provided to the borrower(s)- see Pg#1087, and confirmation the appraisal was delivered to the borrower – see Pg#299. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/09/2025 <br>Resolved-The loan's (10.779%) APR equals or exceeds the Federal HPML threshold of (8.37%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.87%).(12 CFR 1026.35(a)(1)(i)) The loan's (10.774%) APR equals or exceeds the Federal HPML threshold of (8.37%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.87%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#420 and the Final Closing disclosure on Pg#250, Finding reflects escrows. Rate lock date was entered correctly – see Pg#248. An interior and exterior appraisal was completed for this property – see pg 23, the appraisal disclosure was provided to the borrower(s)- see Pg#1087, and confirmation the appraisal was delivered to the borrower – see Pg#299. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/02/2025 <br>Resolved-The loan's (10.774%) APR equals or exceeds the Federal HPML threshold of (8.37%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.87%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#420 and the Final Closing disclosure on Pg#250, Finding reflects escrows. Rate lock date was entered correctly – see Pg#248. An interior and exterior appraisal was completed for this property – see pg 23, the appraisal disclosure was provided to the borrower(s)- see Pg#1087, and confirmation the appraisal was delivered to the borrower – see Pg#299. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-03/19/2025 |  | Resolved-The loan's (10.774%) APR equals or exceeds the Federal HPML threshold of (8.37%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.87%).(12 CFR 1026.35(a)(1)(i)) The loan's (10.779%) APR equals or exceeds the Federal HPML threshold of (8.37%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.87%).(12 CFR 1026.35(a)(1)(i)) The loan's (10.774%) APR equals or exceeds the Federal HPML threshold of (8.37%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.87%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#420 and the Final Closing disclosure on Pg#250, Finding reflects escrows. Rate lock date was entered correctly – see Pg#248. An interior and exterior appraisal was completed for this property – see pg 23, the appraisal disclosure was provided to the borrower(s)- see Pg#1087, and confirmation the appraisal was delivered to the borrower – see Pg#299. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/09/2025 <br>Resolved-The loan's (10.779%) APR equals or exceeds the Federal HPML threshold of (8.37%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.87%).(12 CFR 1026.35(a)(1)(i)) The loan's (10.774%) APR equals or exceeds the Federal HPML threshold of (8.37%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.87%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#420 and the Final Closing disclosure on Pg#250, Finding reflects escrows. Rate lock date was entered correctly – see Pg#248. An interior and exterior appraisal was completed for this property – see pg 23, the appraisal disclosure was provided to the borrower(s)- see Pg#1087, and confirmation the appraisal was delivered to the borrower – see Pg#299. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/09/2025 <br>Resolved-The loan's (10.779%) APR equals or exceeds the Federal HPML threshold of (8.37%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.87%).(12 CFR 1026.35(a)(1)(i)) The loan's (10.774%) APR equals or exceeds the Federal HPML threshold of (8.37%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.87%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#420 and the Final Closing disclosure on Pg#250, Finding reflects escrows. Rate lock date was entered correctly – see Pg#248. An interior and exterior appraisal was completed for this property – see pg 23, the appraisal disclosure was provided to the borrower(s)- see Pg#1087, and confirmation the appraisal was delivered to the borrower – see Pg#299. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/02/2025 <br>Resolved-The loan's (10.774%) APR equals or exceeds the Federal HPML threshold of (8.37%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.87%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#420 and the Final Closing disclosure on Pg#250, Finding reflects escrows. Rate lock date was entered correctly – see Pg#248. An interior and exterior appraisal was completed for this property – see pg 23, the appraisal disclosure was provided to the borrower(s)- see Pg#1087, and confirmation the appraisal was delivered to the borrower – see Pg#299. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-03/19/2025<br>|  |  |  | NV | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Disclosure | Missing PCCD. | Resolved-PCCD uploaded. Resolved. - Due Diligence Vendor-03/27/2025 <br> Ready for Review-Document Uploaded. please see pccd attached with Gift listed. - Seller-03/27/2025 <br> Open-As per gift letters and wire transfers, the Gift Funds for $XXXX are not listed on the Final Closing Disclosure. Requesting updated PCCD with gift amount.<br> - Due Diligence Vendor-03/19/2025 | Ready for Review-Document Uploaded. please see pccd attached with Gift listed. - Seller-03/27/2025<br>| Resolved-PCCD uploaded. Resolved. - Due Diligence Vendor-03/27/2025<br>| XXXX |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Updated Lender Income Calculation Worksheet uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-03/27/2025 <br> Resolved-Validation Resolved' - Due Diligence Vendor-03/27/2025 <br> Ready for Review-Document Uploaded. - Seller-03/26/2025 <br> Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. 1008 & 1003 shows income of $13,314 whereas per worksheet pg#409 it shows $13,309.3 provide updated worksheet with correct income. - Due Diligence Vendor-03/19/2025 | Ready for Review-Document Uploaded. - Seller-03/26/2025<br>| Resolved-Updated Lender Income Calculation Worksheet uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-03/27/2025 <br>Resolved-Validation Resolved' - Due Diligence Vendor-03/27/2025<br>| XXXX |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-Updated 1008 Document uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-03/27/2025 <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-03/27/2025 <br>Ready for Review-Document Uploaded. - Seller-03/26/2025 <br>Open-The 1008 document is missing from the loan file. 1008 shows P&I amount of $2435.79 whereas all other final documents (loan program, note, final cd first payment letter) shows $2.261.79 provide updated 1008 with correct P&I amount .<br> - Due Diligence Vendor-03/19/2025 | Ready for Review-Document Uploaded. - Seller-03/26/2025<br>| Resolved-Updated 1008 Document uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-03/27/2025 <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-03/27/2025<br>| XXXX |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | DTI discrepancy or failure. | Resolved-Resolved. DTI discrepancy has been reviewed. Updated docs have been entered into LM - Due Diligence Vendor-04/09/2025 <br>Ready for Review-Document Uploaded. - Seller-04/07/2025 <br>Counter-the Other Monthly payments provided for borrower 1 and borrower 2 do not conform to the provided credit report or the URLA for the borrower's in file. Can you please provide a liability worksheet or conform the values. - Due Diligence Vendor-04/07/2025 <br>Ready for Review-Document Uploaded. - Seller-04/04/2025 <br>Counter-The previously attached 1008 reflects the document in file. Please confirm the 1008's Other Monthly Liabilities as they are listed as iao $10,975.70 while the 1003 values do not conform. - Due Diligence Vendor-03/28/2025 <br>Ready for Review-Document Uploaded. - Seller-03/27/2025 <br>Open-There is a discrepancy in the DTI due to the Other Monthly Payment values. Per the 1008, the borrower has $10,975.70 while the credit report lists $3,712 which aligns with the 1003 in file. Confim DTI with updated 1008 if required or a liability breakdown to confirm the $10,975.70 - Due Diligence Vendor-03/19/2025 | Ready for Review-Document Uploaded. - Seller-04/07/2025 <br>Ready for Review-Document Uploaded. - Seller-04/04/2025 <br>Ready for Review-Document Uploaded. - Seller-03/27/2025<br>| Resolved-Resolved. DTI discrepancy has been reviewed. Updated docs have been entered into LM - Due Diligence Vendor-04/09/2025<br>| XXXX |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Tolerance Cure (50001028) | Resolved-Within CFPB tolerance. - Due Diligence Vendor-04/09/2025 <br>Ready for Review-Document Uploaded. - Seller-04/07/2025 <br>Open-A Lender Credit for Excess Charges of ($0.00), Principal Reduction for Excess Charges of ($0.00), and general or specific lender credit increases of ($185.45) were applied to the total fee variance of ($185.50) between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. Please note a COC was not provided for the Lender Credit increase<br> Also, the COC dated 3/05 states the re-disclosed date as 2/19. Please update to reflect the LE date 3/5. - Due Diligence Vendor-03/22/2025 | Ready for Review-Document Uploaded. - Seller-04/07/2025<br>| Resolved-Within CFPB tolerance. - Due Diligence Vendor-04/09/2025<br>| XXXX |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Missing | Resolved-1003 page has been updated to reflect the provided docs - Due Diligence Vendor-03/28/2025 <br>Ready for Review-Document Uploaded. - Seller-03/27/2025 <br>Open-The Final 1003 is Missing Loan is a Purchase file as per the 1008 document on page#745 verified assets are shows$379,455.38 where as in final 1003 no assets are reflecting, Provide updated final 1003 with assets. - Due Diligence Vendor-03/19/2025 | Ready for Review-Document Uploaded. - Seller-03/27/2025<br>| Resolved-1003 page has been updated to reflect the provided docs - Due Diligence Vendor-03/28/2025<br>| XXXX |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (9.429%) APR equals or exceeds the Federal HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) "This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met.<br> TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 529 and the Final Closing disclosure on Pg#'s 362, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 298 . An interior and exterior appraisal was completed for this property – see pg 30 , the appraisal acknowledgment was provided to the borrower(s)- see Pg#'s 622, and confirmation the appraisal was delivered to the borrower – see Pg#'s 463-464, and HPML Page # 532 .The loan meets HPML guidelines, resolved. "<br> - Due Diligence Vendor-03/19/2025 |  | Resolved-The loan's (9.429%) APR equals or exceeds the Federal HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) "This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met.<br> TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 529 and the Final Closing disclosure on Pg#'s 362, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 298 . An interior and exterior appraisal was completed for this property – see pg 30 , the appraisal acknowledgment was provided to the borrower(s)- see Pg#'s 622, and confirmation the appraisal was delivered to the borrower – see Pg#'s 463-464, and HPML Page # 532 .The loan meets HPML guidelines, resolved. "<br> - Due Diligence Vendor-03/19/2025<br>|  |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Letter of Explanation (Assets) | Resolved-LOX has been received. Assets page has been updated - Due Diligence Vendor-03/27/2025 <br>Ready for Review-Document Uploaded. See client's response in emaill - Seller-03/25/2025 <br>Counter-Need letter of explanation for large deposit of $100,000 on 2/28/2025. - Due Diligence Vendor-03/25/2025 <br>Open-Need letter of explanation for large deposit of $100,000 on 2/28/2025. - Due Diligence Vendor-03/25/2025 <br>Ready for Review-Can you let us know what is required regarding assets? - Seller-03/24/2025 | Ready for Review-Document Uploaded. See client's response in emaill - Seller-03/25/2025 <br>Ready for Review-Can you let us know what is required regarding assets? - Seller-03/24/2025<br>| Resolved-LOX has been received. Assets page has been updated - Due Diligence Vendor-03/27/2025<br>| LOE re 100k Deposit.pdf |  |  | TX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-03/25/2025 <br>Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-03/25/2025 <br>Ready for Review-Document Uploaded. - Seller-03/24/2025 <br>Open-Missing Third Party Fraud Report Provide Third Party Fraud Report, as it is missing in file. - Due Diligence Vendor-03/19/2025 | Ready for Review-Document Uploaded. - Seller-03/24/2025<br>| Resolved-Third Party Fraud Report uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-03/25/2025 <br>Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-03/25/2025<br>| ExclusionInformation-xx.pdf |  |  | TX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Maryland - Higher Priced Mortgage Loan (First Lien 06/2013)(Conforming) | Resolved-Under the Regulations adopted by the Maryland Commissioner of Financial Regulation, as applicable to Mortgage Lenders, this is a Higher-Priced Mortgage. The loan's APR of (8.857%) equals or exceeds the Maryland Higher-Priced Mortgage threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.73%). (COMAR 09.03.06.02(B)(13); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 332, 304 and the Final Closing disclosure on Pg#'s 138 , Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 137, 367. An interior and exterior appraisal was completed for this property – see pg# 30, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 408, and confirmation the appraisal was delivered to the borrower – see Pg#'s 28, 200. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-03/20/2025 |  | Resolved-Under the Regulations adopted by the Maryland Commissioner of Financial Regulation, as applicable to Mortgage Lenders, this is a Higher-Priced Mortgage. The loan's APR of (8.857%) equals or exceeds the Maryland Higher-Priced Mortgage threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.73%). (COMAR 09.03.06.02(B)(13); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 332, 304 and the Final Closing disclosure on Pg#'s 138 , Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 137, 367. An interior and exterior appraisal was completed for this property – see pg# 30, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 408, and confirmation the appraisal was delivered to the borrower – see Pg#'s 28, 200. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-03/20/2025<br>|  |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (8.857%) APR equals or exceeds the Federal HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 332, 304 and the Final Closing disclosure on Pg#'s 138 , Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 137, 367. An interior and exterior appraisal was completed for this property – see pg# 30, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 408, and confirmation the appraisal was delivered to the borrower – see Pg#'s 28, 200. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-03/20/2025 |  | Resolved-The loan's (8.857%) APR equals or exceeds the Federal HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 332, 304 and the Final Closing disclosure on Pg#'s 138 , Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 137, 367. An interior and exterior appraisal was completed for this property – see pg# 30, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 408, and confirmation the appraisal was delivered to the borrower – see Pg#'s 28, 200. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-03/20/2025<br>|  |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Doc Issue | Missing asset documentation (ATR) | Resolved-Updated 1003 provided showing there are no other assets. - Due Diligence Vendor-03/28/2025 <br>Ready for Review-Document Uploaded. - Seller-03/27/2025 <br>Open-1003 reflects other assets of total amount $67,400 which has no proofs to verify in file. - Due Diligence Vendor-03/21/2025 | Ready for Review-Document Uploaded. - Seller-03/27/2025<br>| Resolved-Updated 1003 provided showing there are no other assets. - Due Diligence Vendor-03/28/2025<br>| corrected 1003.pdf |  |  | CO | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-1008 P&I $2,377.39, property tax $XXXX, DTI 19.91/39.27. - Due Diligence Vendor-04/03/2025 <br> Ready for Review-Document Uploaded. 1008 attached - Seller-04/02/2025 <br> Counter-1008 P&I $2,539.77, whereas Final Note/Final CD P&I $2,377.39. - Due Diligence Vendor-04/01/2025 <br> Ready for Review-Document Uploaded. regarding the xx Mtg. An updated credit report was pulled shortly before closing that included the newly opened HELOC. <br> The account is included in liabilities, and reported as NR/SMS/CAL #XXXX on credit report , based off the most up to date information on the credit report vs. initial docs when the HELOC was opened. <br> Payment of $325/mo was included. CBR attached-see NR/SMS/CAL<br> - Seller-03/28/2025 <br> Open-The 1008 document is missing from the loan file. 1008 P&I $2,539.77, whereas Final Note/Final CD $2,377.39.<br> 1008/Final 1003 not included New loan 11/26/2024 secured by xx Mortgage Statement xx Mortgage Servicing xx6558 Principal Balance $50,000, Unpaid Balance $30,241.08, Monthly payment $241.08, Next due 3/1/2025. <br> 1008/Final 1003 property tax $XXXX. Final CD property tax $XXXX. <br> - Due Diligence Vendor-03/24/2025 | Ready for Review-Document Uploaded. 1008 attached - Seller-04/02/2025 <br> Ready for Review-Document Uploaded. regarding the XXXX. An updated credit report was pulled shortly before closing that included the newly opened HELOC. <br> The account is included in liabilities, and reported as XXXX on credit report , based off the most up to date information on the credit report vs. initial docs when the HELOC was opened. <br> Payment of $325/mo was included. CBR attached-see NR/SMS/CAL<br> - Seller-03/28/2025 | Resolved-1008 P&I $2,377.39, property tax $XXXX, DTI 19.91/39.27. - Due Diligence Vendor-04/03/2025 | XXXX |  |  | TN | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-CD Property Tax $XXXXmonth and City Property Tax $XXXX month. - Due Diligence Vendor-04/03/2025 <br> Ready for Review-Document Uploaded. see attached revised docs, and letter to bwr. - Seller-04/02/2025 <br> Counter-Evidence of Property Tax is present. Tax Certification and 1008 total property tax $XXXX. Requesting Final CD show Property Tax $XXXX month and City Property Tax $XXXX month. - Due Diligence Vendor-04/01/2025 <br> Ready for Review-regarding taxes with the city - 573.96 vs 574.00 I'm not sure how to correct that its pennies ? <br> Additionally , the XXXX is the total ($XXXX) for the combined county and City. UW had lumped and funding split for final docs<br> We escrowed too much for county. The borrowers will get an escrow overage check back. <br> - Seller-03/28/2025 <br> Open-Missing Evidence of Property Tax The annual taxes on doc pg#270 County = XXXXand City $XXXX, whereas Final CD pg#204 and on IEAD pg#496, county taxes are showing $XXXX ($XXXX annually) and City $XXXX ($XXXX annually). - Due Diligence Vendor-03/24/2025 | Ready for Review-Document Uploaded. see attached revised docs, and letter to bwr. - Seller-04/02/2025 <br> Ready for Review-regarding taxes with the city - XXXX vs XXXX I'm not sure how to correct that its pennies ? <br> Additionally , the XXXX is the total ($XXXX) for the combined county and City. UW had lumped and funding split for final docs<br> We escrowed too much for county. The borrowers will get an escrow overage check back. <br> - Seller-03/28/2025 | Resolved-CD Property Tax $XXXX month and City Property Tax $XXXX month. - Due Diligence Vendor-04/03/2025 | XXXX |  |  | TN | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-Seller contribution towards Buyers Closings Costs $11,896.84/3.58% of Sales Price, Maximum Allowable 4%. - Due Diligence Vendor-04/01/2025 <br> Ready for Review-Document Uploaded. Page 10 of the contract under "special stipulations" says the seller will give 10k towards closing costs AND seller will give an additional 10K as a credit. It was reduced to meet the required investment. please see screen shot. - Seller-03/28/2025 <br> Open-Loan Purpose is Purchase but Purchase Contract Doc is Missing Final CD Seller Credit $11,896.84 vs Purchase Contract $10,000. Requesting Addendum P&S Seller Contribution towards Closing Costs/Prepaids $11,896.84. - Due Diligence Vendor-03/26/2025 | Ready for Review-Document Uploaded. Page 10 of the contract under "special stipulations" says the seller will give 10k towards closing costs AND seller will give an additional 10K as a credit. It was reduced to meet the required investment. please see screen shot. - Seller-03/28/2025<br>| Resolved-Seller contribution towards Buyers Closings Costs $XXXX of Sales Price, Maximum Allowable 4%. - Due Diligence Vendor-04/01/2025 | purch pg 10.pdf |  |  | TN | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/14/2025 <br> Open-. - Due Diligence Vendor-04/04/2025 <br> Resolved-The loan's (9.229%) APR equals or exceeds the Federal HPML threshold of (8.57%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (7.07%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 496-500 and the Final Closing disclosure on Pg#'s 204, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 201. An interior and exterior appraisal was completed for this property – see pg 35, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 729, and confirmation the appraisal was delivered to the borrower – see Pg#'s 31-34. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/03/2025 <br> Resolved-The loan's (9.229%) APR equals or exceeds the Federal HPML threshold of (8.57%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (7.07%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 496-500 and the Final Closing disclosure on Pg#'s 204, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 201. An interior and exterior appraisal was completed for this property – see pg 35, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 729, and confirmation the appraisal was delivered to the borrower – see Pg#'s 31-34. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-03/24/2025 |  | Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/14/2025 <br>Resolved-The loan's (9.229%) APR equals or exceeds the Federal HPML threshold of (8.57%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (7.07%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 496-500 and the Final Closing disclosure on Pg#'s 204, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 201. An interior and exterior appraisal was completed for this property – see pg 35, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 729, and confirmation the appraisal was delivered to the borrower – see Pg#'s 31-34. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/03/2025 <br>Resolved-The loan's (9.229%) APR equals or exceeds the Federal HPML threshold of (8.57%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (7.07%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 496-500 and the Final Closing disclosure on Pg#'s 204, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 201. An interior and exterior appraisal was completed for this property – see pg 35, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 729, and confirmation the appraisal was delivered to the borrower – see Pg#'s 31-34. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-03/24/2025<br>|  |  |  | TN | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Property | Appraisal | Property/Appraisal General | Resolved-Client provided FNMA GL reflecting at least 50% of the total units in the project or subject legal phase must have been conveyed or under contract for sale to principal residence or second home purchasers. The Condo Questionnaire reflects # of Owner Occupies Units as 4 which is 50%. Updated to Warrantable and Resolved. - Due Diligence Vendor-04/03/2025 <br>Ready for Review-Document Uploaded. See Condo guideline counter - Buyer-04/03/2025 <br>Open-Conflicting info between the appraisal and condo questionnaire - need correct info to determine the condo warrantability. The Condo Questionnaire reports 4 units sold but the Appraisal reflects 4 units Under Contract (that is not the same as being sold - sold is actually closed and funded). - Due Diligence Vendor-03/27/2025 |  | Resolved-Client provided FNMA GL reflecting at least 50% of the total units in the project or subject legal phase must have been conveyed or under contract for sale to principal residence or second home purchasers. The Condo Questionnaire reflects # of Owner Occupies Units as 4 which is 50%. Updated to Warrantable and Resolved. - Due Diligence Vendor-04/03/2025<br>| XXXX |  |  | IL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-04/03/2025 <br> Ready for Review-Document Uploaded. Updated title uploaded for review. - Buyer-04/02/2025 <br> Open-Title Coverage Amount of $XXXX is Less than Loan Amount The Title Coverage Amount of $XXXX is Less than Loan Amount of $XXXX. - Due Diligence Vendor-03/25/2025 |  | Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-04/03/2025 | XXXX |  |  | IL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap Credit Report provided. - Due Diligence Vendor-04/03/2025 <br>Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-04/03/2025 <br>Ready for Review-Document Uploaded. UDM uploaded for review. - Buyer-04/02/2025 <br>Open-Borrower 1 Gap Credit Report is Missing B1 Gap Credit Report is missing. - Due Diligence Vendor-03/27/2025 |  | Resolved-Borrower 1 Gap Credit Report provided. - Due Diligence Vendor-04/03/2025 <br>Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-04/03/2025<br>| XXXX |  |  | IL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | California - Higher Priced Mortgage Loan (First Lien 06/2013)(Conforming) | Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (8.563%) equals or exceeds the California HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.73%).(Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 505, 460 and the Final Closing disclosure on Pg#'s 305, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 522, 515. An interior and exterior appraisal was completed for this property – see pg# 18, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 577, and confirmation the appraisal was delivered to the borrower – see Pg#'s 16, 297, 369. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-03/25/2025 |  | Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (8.563%) equals or exceeds the California HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.73%).(Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 505, 460 and the Final Closing disclosure on Pg#'s 305, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 522, 515. An interior and exterior appraisal was completed for this property – see pg# 18, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 577, and confirmation the appraisal was delivered to the borrower – see Pg#'s 16, 297, 369. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-03/25/2025<br>|  |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (8.563%) APR equals or exceeds the Federal HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 505, 460 and the Final Closing disclosure on Pg#'s 305, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 522, 515. An interior and exterior appraisal was completed for this property – see pg# 18, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 577, and confirmation the appraisal was delivered to the borrower – see Pg#'s 16, 297, 369. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-03/25/2025 |  | Resolved-The loan's (8.563%) APR equals or exceeds the Federal HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 505, 460 and the Final Closing disclosure on Pg#'s 305, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 522, 515. An interior and exterior appraisal was completed for this property – see pg# 18, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 577, and confirmation the appraisal was delivered to the borrower – see Pg#'s 16, 297, 369. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-03/25/2025<br>|  |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 2 Does Not Meet Guideline Requirements | Resolved-Asset Record 2 Meets G/L Requirements. Bank Statement Provided. - Due Diligence Vendor-04/01/2025 <br>Resolved-Asset Record 2 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-04/01/2025 <br>Ready for Review-Document Uploaded. please see first two pages. - Seller-03/31/2025 <br>Open-Asset Record 2 Does Not Meet G/L Requirements Provide Acct #xx Statement for the balance $5,391.31 - Due Diligence Vendor-03/26/2025 | Ready for Review-Document Uploaded. please see first two pages. - Seller-03/31/2025<br>| Resolved-Asset Record 2 Meets G/L Requirements. Bank Statement Provided. - Due Diligence Vendor-04/01/2025 <br>Resolved-Asset Record 2 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-04/01/2025<br>| XXXX |  |  | TX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 3 Does Not Meet Guideline Requirements | Resolved-Asset Record 3 Meets G/L Requirements. Bank Statement Provided.<br> - Due Diligence Vendor-04/01/2025 <br>Resolved-Asset Record 3 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-04/01/2025 <br>Ready for Review-Document Uploaded. - Seller-03/31/2025 <br>Ready for Review-Please see attached. TY - Seller-03/31/2025 <br>Open-Asset Record 3 Does Not Meet G/L Requirements Provide Acct #xx Statement for the balance $2,939.50 - Due Diligence Vendor-03/26/2025 | Ready for Review-Document Uploaded. - Seller-03/31/2025 <br>Ready for Review-Please see attached. TY - Seller-03/31/2025<br>| Resolved-Asset Record 3 Meets G/L Requirements. Bank Statement Provided.<br> - Due Diligence Vendor-04/01/2025 <br>Resolved-Asset Record 3 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-04/01/2025<br>| XXXX |  |  | TX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 6 Does Not Meet Guideline Requirements | Resolved-Updated Gift letter uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/03/2025 <br>Resolved-Asset 6 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-04/03/2025 <br>Ready for Review-Document Uploaded. Gift was for $48,500...amount changed. attaching letter/proof of deposit/funds. - Seller-04/02/2025 <br>Open-Asset 6 Does Not Meet Guideline Requirements Provide proof of Gift deposit for $42,500. Gift Letter on page 459. - Due Diligence Vendor-03/26/2025 | Ready for Review-Document Uploaded. Gift was for $48,500...amount changed. attaching letter/proof of deposit/funds. - Seller-04/02/2025<br>| Resolved-Updated Gift letter uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/03/2025 <br>Resolved-Asset 6 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-04/03/2025<br>| XXXX |  |  | TX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (8.272%) APR equals or exceeds the Federal HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg 489 and the Final Closing disclosure on Pg 280, Finding reflects escrows. Rate lock date was entered correctly – see Pg 492. An interior and exterior appraisal was completed for this property – see pg 24, the appraisal disclosure was provided to the borrower(s)- see Pg 531, and confirmation the appraisal was delivered to the borrower – see Pg 21. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-03/26/2025 |  | Resolved-The loan's (8.272%) APR equals or exceeds the Federal HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg 489 and the Final Closing disclosure on Pg 280, Finding reflects escrows. Rate lock date was entered correctly – see Pg 492. An interior and exterior appraisal was completed for this property – see pg 24, the appraisal disclosure was provided to the borrower(s)- see Pg 531, and confirmation the appraisal was delivered to the borrower – see Pg 21. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-03/26/2025<br>|  |  |  | TX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Audited Reserves of 15.88 month(s) are greater than or equal to Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-04/03/2025 <br>Resolved-Requested Proof of deposits provided for proceeds from sale, hence reserves are within the G/L hence resolved. - Due Diligence Vendor-04/02/2025 <br>Resolved-Audited Reserves of 6.6 month(s) are greater than or equal to Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-04/02/2025 <br>Ready for Review-Document Uploaded. - Seller-04/01/2025 <br>Open-Provide additional assets to qualify required reserves. Total Reserves Number of Months '4.53, required reserves 6 months. - Due Diligence Vendor-03/31/2025 <br>Open- - Due Diligence Vendor-03/31/2025 | Ready for Review-Document Uploaded. - Seller-04/01/2025<br>| Resolved-Audited Reserves of 15.88 month(s) are greater than or equal to Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-04/03/2025 <br>Resolved-Requested Proof of deposits provided for proceeds from sale, hence reserves are within the G/L hence resolved. - Due Diligence Vendor-04/02/2025 <br>Resolved-Audited Reserves of 6.6 month(s) are greater than or equal to Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-04/02/2025<br>| GT Proceeds from Sale of REO.pdf |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-04/03/2025 <br>Ready for Review-Document Uploaded. - Seller-04/01/2025 <br>Open-Hazard Insurance Policy Partially Provided Provide HOI Policy with correct premium. HOI Premium not matching with 1008/Final CD. Actual HOI Policy on page 566, 578 Premium $320.42 & Final CD $424.75. - Due Diligence Vendor-03/31/2025 | Ready for Review-Document Uploaded. - Seller-04/01/2025<br>| Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-04/03/2025<br>| GT PCCD.pdf |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Disclosure | Missing PCCD. | Resolved-PCCD uploaded. - Due Diligence Vendor-04/03/2025 <br>Ready for Review-Document Uploaded. - Seller-04/01/2025 <br>Open-The Final CD has a negative amount of $897 for the Owners Title Policy. Requesting PCCD. - Due Diligence Vendor-03/31/2025 | Ready for Review-Document Uploaded. - Seller-04/01/2025<br>| Resolved-PCCD uploaded. - Due Diligence Vendor-04/03/2025<br>| GT PCCD.pdf |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 6 Does Not Meet Guideline Requirements | Resolved-Requested Proof of deposits provided for proceeds from sale, hence resolved. - Due Diligence Vendor-04/02/2025 <br>Resolved-Asset 6 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-04/02/2025 <br>Ready for Review-Document Uploaded. - Seller-04/01/2025 <br>Open-Asset 6 Does Not Meet Guideline Requirements Provide proof of deposit for $149,290.50 Net sale proceed for real estate property . - Due Diligence Vendor-03/30/2025 | Ready for Review-Document Uploaded. - Seller-04/01/2025<br>| Resolved-Requested Proof of deposits provided for proceeds from sale, hence resolved. - Due Diligence Vendor-04/02/2025 <br>Resolved-Asset 6 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-04/02/2025<br>| GT Proceeds from Sale of REO.pdf |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 5 Does Not Meet Guideline Requirements | Resolved-Asset 5 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-04/03/2025 <br> Ready for Review-Document Uploaded. - Seller-04/01/2025 <br> Open-Asset 5 Does Not Meet Guideline Requirements Provide proof of deposit for $XXXXEarnest Money Deposit. - Due Diligence Vendor-03/31/2025 | Ready for Review-Document Uploaded. - Seller-04/01/2025<br>| Resolved-Asset 5 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-04/03/2025<br>| GT EMD Receipt.pdf |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Fees: Limited | Resolved- - Due Diligence Vendor-04/03/2025 <br> Open-The total amount of the 10% category fees ($XXXX) has increased by more than 10% over the current baseline value of ($XXXX0). The total amount of fees in the 10% category cannot exceed ($XXXX). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Recording Fees – Mortgage/Deed of Trust). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). - Due Diligence Vendor-04/03/2025 <br> Ready for Review-Document Uploaded. PCCD attached, final recorded fee $XXXX. - Seller-04/01/2025 <br> Open-The total amount of the 10% category fees ($XXXX) has increased by more than 10% over the current baseline value of ($XXXX). The total amount of fees in the 10% category cannot exceed ($XXXX). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Recording Fees – Mortgage/Deed of Trust). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). Provide COC for Increase in Recording Fee from LE $XXXX to revised CD $XXXX. - Due Diligence Vendor-03/31/2025 | Ready for Review-Document Uploaded. PCCD attached, final recorded fee $212. - Seller-04/01/2025<br>| Resolved- - Due Diligence Vendor-04/03/2025<br>| GT PCCD.pdf |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income/Employment General | Resolved-Requested updated Lender Approval form provided with updated income Doc type as Alt Doc hence resolved. - Due Diligence Vendor-04/02/2025 <br>Ready for Review-Document Uploaded. - Seller-04/01/2025 <br>Open-Provide Full Doc Supporting documents per lender approval form. Lender approval form doc type showing "Full Doc" and the documentation available in file have 12 months bank statement available on page 77-19 & Lender Income worksheet on page 590. - Due Diligence Vendor-03/31/2025 | Ready for Review-Document Uploaded. - Seller-04/01/2025<br>| Resolved-Requested updated Lender Approval form provided with updated income Doc type as Alt Doc hence resolved. - Due Diligence Vendor-04/02/2025<br>| GT xx Screen.pdf |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided.Sam.gov already in file, see page 695 of File Uploads.<br> - Due Diligence Vendor-04/01/2025 <br>Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-04/01/2025 <br>Ready for Review-Sam.gov already in file, see page 695. - Seller-03/31/2025 <br>Open-Missing Third Party Fraud Report Provide Third Party Fraud Report. - Due Diligence Vendor-03/30/2025 | Ready for Review-Sam.gov already in file, see page 695. - Seller-03/31/2025<br>| Resolved-Third Party Fraud Report is provided.Sam.gov already in file, see page 695 of File Uploads.<br> - Due Diligence Vendor-04/01/2025 <br>Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-04/01/2025<br>|  |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | California - Higher Priced Mortgage Loan (First Lien 06/2013)(Non-Conforming) | Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (9.282%) equals or exceeds the California HPML threshold of (9.23%). The System determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.73%). The System applied this threshold because this ($XXXX) loan exceeds ($XXXX), which is the Freddie Mac conforming loan limit as of the date the loan's interest rate was set before consummation. (Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(ii)) This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (9.267%) equals or exceeds the California HPML threshold of (9.23%). The System determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.73%). The System applied this threshold because this ($XXXX) loan exceeds ($806,500.00), which is the Freddie Mac conforming loan limit as of the date the loan's interest rate was set before consummation. (Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(ii)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg 580 and the Final Closing disclosure on Pg 238, Finding reflects escrows. Rate lock date was entered correctly – see Pg 215. An interior and exterior appraisal was completed for this property – see pg 41, 71, the appraisal disclosure was provided to the borrower(s)- see Pg 38-40, 192, and confirmation the appraisal was delivered to the borrower – see Pg 38-40, 192. The loan meets HPML guidelines, resolved.<br> - Due Diligence Vendor-04/03/2025 <br> Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (9.282%) equals or exceeds the California HPML threshold of (9.23%). The System determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.73%). The System applied this threshold because this ($XXXX) loan exceeds ($XXXX), which is the Freddie Mac conforming loan limit as of the date the loan's interest rate was set before consummation. (Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(ii)) This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (9.267%) equals or exceeds the California HPML threshold of (9.23%). The System determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.73%). The System applied this threshold because this ($XXXX) loan exceeds ($XXXX), which is the Freddie Mac conforming loan limit as of the date the loan's interest rate was set before consummation. (Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(ii)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg 580 and the Final Closing disclosure on Pg 238, Finding reflects escrows. Rate lock date was entered correctly – see Pg 215. An interior and exterior appraisal was completed for this property – see pg 41, 71, the appraisal disclosure was provided to the borrower(s)- see Pg 38-40, 192, and confirmation the appraisal was delivered to the borrower – see Pg 38-40, 192. The loan meets HPML guidelines, resolved.<br> - Due Diligence Vendor-04/03/2025 <br> Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (9.267%) equals or exceeds the California HPML threshold of (9.23%). The System determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.73%). The System applied this threshold because this ($XXXX) loan exceeds ($XXXX), which is the Freddie Mac conforming loan limit as of the date the loan's interest rate was set before consummation. (Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(ii)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg 580 and the Final Closing disclosure on Pg 238, Finding reflects escrows. Rate lock date was entered correctly – see Pg 215. An interior and exterior appraisal was completed for this property – see pg 41, 71, the appraisal disclosure was provided to the borrower(s)- see Pg 38-40, 192, and confirmation the appraisal was delivered to the borrower – see Pg 38-40, 192. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-03/31/2025 |  | Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (9.282%) equals or exceeds the California HPML threshold of (9.23%). The System determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.73%). The System applied this threshold because this ($XXXX) loan exceeds ($XXXX, which is the Freddie Mac conforming loan limit as of the date the loan's interest rate was set before consummation. (Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(ii)) This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (9.267%) equals or exceeds the California HPML threshold of (9.23%). The System determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.73%). The System applied this threshold because this ($XXXX) loan exceeds ($XXXX, which is the Freddie Mac conforming loan limit as of the date the loan's interest rate was set before consummation. (Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(ii)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg 580 and the Final Closing disclosure on Pg 238, Finding reflects escrows. Rate lock date was entered correctly – see Pg 215. An interior and exterior appraisal was completed for this property – see pg 41, 71, the appraisal disclosure was provided to the borrower(s)- see Pg 38-40, 192, and confirmation the appraisal was delivered to the borrower – see Pg 38-40, 192. The loan meets HPML guidelines, resolved.<br> - Due Diligence Vendor-04/03/2025 <br> Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (9.282%) equals or exceeds the California HPML threshold of (9.23%). The System determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.73%). The System applied this threshold because this ($XXXX) loan exceeds (XXXX), which is the Freddie Mac conforming loan limit as of the date the loan's interest rate was set before consummation. (Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(ii)) This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (9.267%) equals or exceeds the California HPML threshold of (9.23%). The System determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.73%). The System applied this threshold because this ($XXXX) loan exceeds ($XXXX), which is the Freddie Mac conforming loan limit as of the date the loan's interest rate was set before consummation. (Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(ii)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg 580 and the Final Closing disclosure on Pg 238, Finding reflects escrows. Rate lock date was entered correctly – see Pg 215. An interior and exterior appraisal was completed for this property – see pg 41, 71, the appraisal disclosure was provided to the borrower(s)- see Pg 38-40, 192, and confirmation the appraisal was delivered to the borrower – see Pg 38-40, 192. The loan meets HPML guidelines, resolved.<br> - Due Diligence Vendor-04/03/2025 <br> Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (9.267%) equals or exceeds the California HPML threshold of (9.23%). The System determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.73%). The System applied this threshold because this ($XXXX) loan exceeds ($XXXX), which is the Freddie Mac conforming loan limit as of the date the loan's interest rate was set before consummation. (Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(ii)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg 580 and the Final Closing disclosure on Pg 238, Finding reflects escrows. Rate lock date was entered correctly – see Pg 215. An interior and exterior appraisal was completed for this property – see pg 41, 71, the appraisal disclosure was provided to the borrower(s)- see Pg 38-40, 192, and confirmation the appraisal was delivered to the borrower – see Pg 38-40, 192. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-03/31/2025 |  |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Non-Conforming) | Resolved-The loan's (9.282%) APR equals or exceeds the Federal HPML threshold of (9.23%). The system determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.73%). The System applied this threshold because this ($XXXX) loan exceeds ($XXXX), which is the Freddie Mac conforming loan limit as of the date the loan's interest rate was set before consummation. (12 CFR 1026.35(a)(1)(ii)) The loan's (9.267%) APR equals or exceeds the Federal HPML threshold of (9.23%). The system determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.73%). The System applied this threshold because this ($XXXX) loan exceeds ($XXXX), which is the Freddie Mac conforming loan limit as of the date the loan's interest rate was set before consummation. (12 CFR 1026.35(a)(1)(ii)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg 580 and the Final Closing disclosure on Pg 238, Finding reflects escrows. Rate lock date was entered correctly – see Pg 215. An interior and exterior appraisal was completed for this property – see pg 41, 71, the appraisal disclosure was provided to the borrower(s)- see Pg 38-40, 192, and confirmation the appraisal was delivered to the borrower – see Pg 38-40, 192. The loan meets HPML guidelines, resolved.<br> - Due Diligence Vendor-04/03/2025 <br> Resolved-The loan's (9.282%) APR equals or exceeds the Federal HPML threshold of (9.23%). The system determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.73%). The System applied this threshold because this ($XXXX) loan exceeds ($XXXX, which is the Freddie Mac conforming loan limit as of the date the loan's interest rate was set before consummation. (12 CFR 1026.35(a)(1)(ii)) The loan's (9.267%) APR equals or exceeds the Federal HPML threshold of (9.23%). The system determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.73%). The System applied this threshold because this ($XXXX) loan exceeds ($XXXX), which is the Freddie Mac conforming loan limit as of the date the loan's interest rate was set before consummation. (12 CFR 1026.35(a)(1)(ii)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg 580 and the Final Closing disclosure on Pg 238, Finding reflects escrows. Rate lock date was entered correctly – see Pg 215. An interior and exterior appraisal was completed for this property – see pg 41, 71, the appraisal disclosure was provided to the borrower(s)- see Pg 38-40, 192, and confirmation the appraisal was delivered to the borrower – see Pg 38-40, 192. The loan meets HPML guidelines, resolved.<br> - Due Diligence Vendor-04/03/2025 <br> Resolved-The loan's (9.267%) APR equals or exceeds the Federal HPML threshold of (9.23%). The system determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.73%). The System applied this threshold because this ($XXXX) loan exceeds ($XXXX), which is the Freddie Mac conforming loan limit as of the date the loan's interest rate was set before consummation. (12 CFR 1026.35(a)(1)(ii)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg 580 and the Final Closing disclosure on Pg 238, Finding reflects escrows. Rate lock date was entered correctly – see Pg 215. An interior and exterior appraisal was completed for this property – see pg 41, 71, the appraisal disclosure was provided to the borrower(s)- see Pg 38-40, 192, and confirmation the appraisal was delivered to the borrower – see Pg 38-40, 192. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-03/31/2025 |  | Resolved-The loan's (9.282%) APR equals or exceeds the Federal HPML threshold of (9.23%). The system determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.73%). The System applied this threshold because this ($XXXX) loan exceeds ($XXXX), which is the Freddie Mac conforming loan limit as of the date the loan's interest rate was set before consummation. (12 CFR 1026.35(a)(1)(ii)) The loan's (9.267%) APR equals or exceeds the Federal HPML threshold of (9.23%). The system determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.73%). The System applied this threshold because this ($XXXX) loan exceeds ($XXXX), which is the Freddie Mac conforming loan limit as of the date the loan's interest rate was set before consummation. (12 CFR 1026.35(a)(1)(ii)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg 580 and the Final Closing disclosure on Pg 238, Finding reflects escrows. Rate lock date was entered correctly – see Pg 215. An interior and exterior appraisal was completed for this property – see pg 41, 71, the appraisal disclosure was provided to the borrower(s)- see Pg 38-40, 192, and confirmation the appraisal was delivered to the borrower – see Pg 38-40, 192. The loan meets HPML guidelines, resolved.<br> - Due Diligence Vendor-04/03/2025 <br> Resolved-The loan's (9.282%) APR equals or exceeds the Federal HPML threshold of (9.23%). The system determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.73%). The System applied this threshold because this ($XXXX) loan exceeds ($XXXX), which is the Freddie Mac conforming loan limit as of the date the loan's interest rate was set before consummation. (12 CFR 1026.35(a)(1)(ii)) The loan's (9.267%) APR equals or exceeds the Federal HPML threshold of (9.23%). The system determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.73%). The System applied this threshold because this ($XXXX) loan exceeds ($XXXX), which is the Freddie Mac conforming loan limit as of the date the loan's interest rate was set before consummation. (12 CFR 1026.35(a)(1)(ii)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg 580 and the Final Closing disclosure on Pg 238, Finding reflects escrows. Rate lock date was entered correctly – see Pg 215. An interior and exterior appraisal was completed for this property – see pg 41, 71, the appraisal disclosure was provided to the borrower(s)- see Pg 38-40, 192, and confirmation the appraisal was delivered to the borrower – see Pg 38-40, 192. The loan meets HPML guidelines, resolved.<br> - Due Diligence Vendor-04/03/2025 <br> Resolved-The loan's (9.267%) APR equals or exceeds the Federal HPML threshold of (9.23%). The system determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.73%). The System applied this threshold because this ($XXXX) loan exceeds ($XXXX), which is the Freddie Mac conforming loan limit as of the date the loan's interest rate was set before consummation. (12 CFR 1026.35(a)(1)(ii)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg 580 and the Final Closing disclosure on Pg 238, Finding reflects escrows. Rate lock date was entered correctly – see Pg 215. An interior and exterior appraisal was completed for this property – see pg 41, 71, the appraisal disclosure was provided to the borrower(s)- see Pg 38-40, 192, and confirmation the appraisal was delivered to the borrower – see Pg 38-40, 192. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-03/31/2025 |  |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-04/15/2025 <br>Ready for Review-Document Uploaded. See ledger showing all payments - Buyer-04/14/2025 <br>Counter-Only seen 10 payments to the apartment complex. Ranging in payment amounts of 1,548.97 to 1,672.11. - Due Diligence Vendor-04/08/2025 <br>Ready for Review-You can clearly see a consistent debit of $1674.34 every month going to "Greenridge Place" in these accounts-please clear - Seller-04/07/2025 <br>Counter-Not seeing monthly amount of 1,700 being drafted from account. - Due Diligence Vendor-04/04/2025 <br>Ready for Review-Document Uploaded. - Buyer-04/03/2025 <br>Open-Housing History Does Not Meet Guideline Requirements Need Payment history for borrower prior residence - Due Diligence Vendor-03/31/2025 | Ready for Review-You can clearly see a consistent debit of $1674.34 every month going to "XXXX" in these accounts-please clear - Seller-04/07/2025 | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-04/15/2025<br>| XXXX |  |  | TX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-04/04/2025 <br>Ready for Review-Document Uploaded. - Seller-04/03/2025 <br>Open-Borrower 1 3rd Party VOE Prior to Close Missing Provide Borrower 1 3rd Party VOE Prior to Close which is missing from loan file. - Due Diligence Vendor-03/29/2025 | Ready for Review-Document Uploaded. - Seller-04/03/2025<br>| Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-04/04/2025<br>| XXXX |  |  | TX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-04/04/2025 <br>Ready for Review-Document Uploaded. CU score IS 2.5 so we should be good here - Buyer-04/03/2025 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 CU Score is greater than 2.5, provide additional valuation product for securitization per guideline requirements. - Due Diligence Vendor-03/29/2025 |  | Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-04/04/2025<br>| XXXX |  |  | TX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (8.655%) APR equals or exceeds the Federal HPML threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.65%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s321 and the Final Closing disclosure on Pg#'s321, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s527. An interior and exterior appraisal was completed for this property – see pg#25, the appraisal disclosure was provided to the borrower(s)- see Pg#'s631, 163 and confirmation the appraisal was delivered to the borrower – see Pg#'s631. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-03/31/2025 |  | Resolved-The loan's (8.655%) APR equals or exceeds the Federal HPML threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.65%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s321 and the Final Closing disclosure on Pg#'s321, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s527. An interior and exterior appraisal was completed for this property – see pg#25, the appraisal disclosure was provided to the borrower(s)- see Pg#'s631, 163 and confirmation the appraisal was delivered to the borrower – see Pg#'s631. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-03/31/2025<br>|  |  |  | TX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/11/2025 <br>Resolved-The loan's (8.295%) APR equals or exceeds the Federal HPML threshold of (8.23%). <br> The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." <br> The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) <br> This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. <br> TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. <br> Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 238 and the Final Closing disclosure on Pg#'s 40, Finding reflects escrows. <br> Rate lock date was entered correctly – see Pg#'s 250. the appraisal disclosure was provided to the borrower(s)- see Pg#'s 777, copy of appraisal delivered to borrower in findings. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/11/2025 <br>Ready for Review-Document Uploaded. - Seller-04/02/2025 <br>Open-The loan's (8.295%) APR equals or exceeds the Federal HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) An interior and exterior appraisal was completed for this property and confirmation the appraisal was delivered to the borrower documents are missing to resolve the HPML findings.<br> This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 238 and the Final Closing disclosure on Pg#'s 40, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 250. the appraisal disclosure was provided to the borrower(s)- see Pg#'s 777. - Due Diligence Vendor-03/31/2025 | Ready for Review-Document Uploaded. - Seller-04/02/2025<br>| Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/11/2025 <br>Resolved-The loan's (8.295%) APR equals or exceeds the Federal HPML threshold of (8.23%). <br> The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." <br> The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) <br> This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. <br> TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. <br> Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 238 and the Final Closing disclosure on Pg#'s 40, Finding reflects escrows. <br> Rate lock date was entered correctly – see Pg#'s 250. the appraisal disclosure was provided to the borrower(s)- see Pg#'s 777, copy of appraisal delivered to borrower in findings. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/11/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/03/2025 <br>Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-04/03/2025 <br>Ready for Review-Document Uploaded. - Seller-04/02/2025 <br>Open-Borrower 1 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-03/31/2025 | Ready for Review-Document Uploaded. - Seller-04/02/2025<br>| Resolved-Borrower 1 3rd Party VOE uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/03/2025 <br>Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-04/03/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Lender Income Calculation Worksheet and 1008 monthly income $9,222.08. - Due Diligence Vendor-04/04/2025 <br>Resolved-Lender Income Calculation Worksheet uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/03/2025 <br>Resolved-Validation Resolved' - Due Diligence Vendor-04/03/2025 <br>Ready for Review-Document Uploaded. - Seller-04/02/2025 <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Income doc type as per conditional Approval is Alternative, however no proof income calculated worksheet present in the file. - Due Diligence Vendor-03/31/2025 | Ready for Review-Document Uploaded. - Seller-04/02/2025<br>| Resolved-Lender Income Calculation Worksheet and 1008 monthly income $9,222.08. - Due Diligence Vendor-04/04/2025 <br>Resolved-Lender Income Calculation Worksheet uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/03/2025 <br>Resolved-Validation Resolved' - Due Diligence Vendor-04/03/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-04/11/2025 <br>Resolved-Planet Home Lending XX3170 payoff 3/12/2025 uploaded, next due 4/1/2025. Final CD Disbursement 3/26/2025. Resolved. - Due Diligence Vendor-04/10/2025 <br>Ready for Review-Document Uploaded. Please see attached . ..These figures are good through March 31, 2025 - Seller-04/08/2025 <br>Open-Housing History Does Not Meet Guideline Requirements Credit report 1/22/2025 xx xx3170 next due 2/1/2025 however UTD exact due date. Final CD Disbursement 3/16/2025. Requesting verification 2/2025 payment made on time A+ Grade Matrix 2/14/2025. - Due Diligence Vendor-04/01/2025 | Ready for Review-Document Uploaded. Please see attached . ..These figures are good through March 31, 2025 - Seller-04/08/2025<br>| Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-04/11/2025 <br> Resolved-XXXX payoff 3/12/2025 uploaded, next due 4/1/2025. Final CD Disbursement 3/26/2025. Resolved. - Due Diligence Vendor-04/10/2025 | XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-04/11/2025 <br>Resolved-CoreLogic LoanSafe Report 1/29/2025 and 3/20/2025: findings documentation ITIN, DL, Passport, Income documentation, Tax Preparer Letter & Search, NMLS, SAM.gov to resolve. - Due Diligence Vendor-04/04/2025 <br>Ready for Review-Document Uploaded. - Seller-04/02/2025 <br>Open-Missing Third Party Fraud Report CoreLogic LoanSafe Reports 1/29/2025 and 3/20/2025 missing documentation to clear High Alerts: ITIN, Income, Tax Preparer Letter and License. - Due Diligence Vendor-04/01/2025 | Ready for Review-Document Uploaded. - Seller-04/02/2025<br>| Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-04/11/2025 <br>Resolved-CoreLogic LoanSafe Report 1/29/2025 and 3/20/2025: findings documentation ITIN, DL, Passport, Income documentation, Tax Preparer Letter & Search, NMLS, SAM.gov to resolve. - Due Diligence Vendor-04/04/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Photo Identification Type Missing | Resolved-Validation Resolved or Not Applicable - Due Diligence Vendor-04/11/2025 <br>Resolved-Verified DL and Passport to clear Fraud Report - Due Diligence Vendor-04/04/2025 <br>Resolved-Borrower 1 Photo Identification uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/03/2025 <br>Ready for Review-Document Uploaded. - Seller-04/02/2025 <br>Open-Borrower 1 Photo Identification Missing. Please provide valid photo identification per guideline requirements. Borrower 1 Photo Identification is Missing. Please provide valid photo identification per guideline requirements. - Due Diligence Vendor-03/31/2025 | Ready for Review-Document Uploaded. - Seller-04/02/2025<br>| Resolved-Validation Resolved or Not Applicable - Due Diligence Vendor-04/11/2025 <br>Resolved-Verified DL and Passport to clear Fraud Report - Due Diligence Vendor-04/04/2025 <br>Resolved-Borrower 1 Photo Identification uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/03/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Borrower 1 ITIN Information | Resolved-Validation Resolved or Not Applicable - Due Diligence Vendor-04/04/2025 <br>Resolved-Verified ITIN to clear Fraud Report. - Due Diligence Vendor-04/04/2025 <br>Resolved-Borrower 1 ITIN Information uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/03/2025 <br>Ready for Review-Document Uploaded. - Seller-04/02/2025 <br>Open-Borrower 1 ITIN information Missing. Please provide acceptable documentation. - Due Diligence Vendor-03/31/2025 | Ready for Review-Document Uploaded. - Seller-04/02/2025<br>| Resolved-Validation Resolved or Not Applicable - Due Diligence Vendor-04/04/2025 <br>Resolved-Verified ITIN to clear Fraud Report. - Due Diligence Vendor-04/04/2025 <br>Resolved-Borrower 1 ITIN Information uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/03/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | DTI discrepancy or failure. | Resolved-Uploaded 1008 DTI 42.344%, Resolved. - Due Diligence Vendor-04/10/2025 <br>Ready for Review-Document Uploaded. - Seller-04/08/2025 <br>Counter-Final 1003 Liabilities xx Lease Payment $125, Initial 1003 missing from Liabilities. Requesting documentation xx Lease, verify final DTI 42.344%. - Due Diligence Vendor-04/04/2025 <br>Ready for Review-Document Uploaded. HOI is 100.75/mo. updating new 1008 attached and proof of HOI to match CD, also previously uploaded in another condition. - Seller-04/02/2025 <br>Open-Annual HOI premium as per HOI policy on pg#218 is $1007, which is $83.92 as monthly, whereas Final CD pg#40 and Lender loan information on pg#957 is showing monthly HOI premium as $100.75 and as per Final 1003 there is a liability with xx, but no proof of documents have appeared in the file to verify, the other liabilities are considered from recent credit report pg#65 which makes to show calculated DTI as 38.69%, whereas conditional approval is showing 42.34% - Due Diligence Vendor-03/31/2025 | Ready for Review-Document Uploaded. - Seller-04/08/2025 <br>Ready for Review-Document Uploaded. HOI is 100.75/mo. updating new 1008 attached and proof of HOI to match CD, also previously uploaded in another condition. - Seller-04/02/2025<br>| Resolved-Uploaded 1008 DTI 42.344%, Resolved. - Due Diligence Vendor-04/10/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Unable to verify all credit obligations (ATR) | Resolved-Uploaded xx Lease, resolved. - Due Diligence Vendor-04/10/2025 <br>Ready for Review-Document Uploaded. documentation for solar attached with payment. - Seller-04/08/2025 <br>Open-Final 1003 Liabilities xx Lease Payment $125, Initial 1003 missing from Liabilities. Requesting documentation xx Lease. - Due Diligence Vendor-04/01/2025 | Ready for Review-Document Uploaded. documentation for solar attached with payment. - Seller-04/08/2025<br>| Resolved-Uploaded **XXXX**, resolved. - Due Diligence Vendor-04/10/2025 | XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Lender Approval Form is Missing | Resolved-Lender Approval Form and Tape Data Guidelines Version 2/4/2025 - Due Diligence Vendor-04/04/2025 <br>Resolved-Lender Approval Form uploaded, Verified & entered in system - Resolved - Due Diligence Vendor-04/03/2025 <br>Ready for Review-Document Uploaded. - Seller-04/02/2025 <br>Open-Lender program information is missing. However, conditional loan approval is in the file on pg#249 - Due Diligence Vendor-03/31/2025 | Ready for Review-Document Uploaded. - Seller-04/02/2025<br>| Resolved-Lender Approval Form and Tape Data Guidelines Version 2/4/2025 - Due Diligence Vendor-04/04/2025 <br>Resolved-Lender Approval Form uploaded, Verified & entered in system - Resolved - Due Diligence Vendor-04/03/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-1008 uploaded - Due Diligence Vendor-04/04/2025 <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-04/03/2025 <br>Ready for Review-Document Uploaded. - Seller-04/02/2025 <br>Open-The 1008 document is missing from the loan file. - Due Diligence Vendor-03/31/2025 | Ready for Review-Document Uploaded. - Seller-04/02/2025<br>| Resolved-1008 uploaded - Due Diligence Vendor-04/04/2025 <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-04/03/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income documentation does not meet guidelines | Resolved-Lender Income Calculation Worksheet and 1008 monthly income $9,222.08. - Due Diligence Vendor-04/04/2025 <br>Resolved-Income documentation uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/03/2025 <br>Ready for Review-Document Uploaded. attaching bank statements, CPA letter, u/w analysis and income review, VOE is via cpa letter in file. also including buisness narrative. - Seller-04/02/2025 <br>Open-On pg#249 of conditional loan approval, income Doc type is showing Alternative, however there is no Employment or income related documents to verify borrower income in the file. - Due Diligence Vendor-03/31/2025 | Ready for Review-Document Uploaded. attaching bank statements, CPA letter, u/w analysis and income review, VOE is via cpa letter in file. also including buisness narrative. - Seller-04/02/2025<br>| Resolved-Lender Income Calculation Worksheet and 1008 monthly income $9,222.08. - Due Diligence Vendor-04/04/2025 <br>Resolved-Income documentation uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/03/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Flood Certificate Missing | Resolved-Flood Certificate is fully present - Due Diligence Vendor-04/04/2025 <br>Resolved-Flood Certificate uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/03/2025 <br>Ready for Review-Document Uploaded. - Seller-04/02/2025 <br>Open-Missing Flood Certificate - Due Diligence Vendor-03/31/2025 | Ready for Review-Document Uploaded. - Seller-04/02/2025<br>| Resolved-Flood Certificate is fully present - Due Diligence Vendor-04/04/2025 <br>Resolved-Flood Certificate uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/03/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Hazard Insurance Policy is Missing | Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-04/04/2025 <br>Ready for Review-Document Uploaded. new premium is $1209.00. Current premium was $1007. New dec page attached showing higher amount to match CD, and receipt. - Seller-04/02/2025 <br>Open-Missing Hazard Insurance Policy Final CD 3/21/2025 Homeowners Insurance monthly escrowed $100.75, $1,209 annual premium. Documentation Homeowners Insurance Policy 4/6/2024-4/6/2025 annual premium $1,007. Requesting Homeowners Insurance Policy annual premium $1,209 or CD Homeowners Insurance monthly Escrow $83.92 for provided documentation Homeowners Insurance Annual Premium $1,007. - Due Diligence Vendor-04/01/2025 | Ready for Review-Document Uploaded. new premium is $1209.00. Current premium was $1007. New dec page attached showing higher amount to match CD, and receipt. - Seller-04/02/2025<br>| Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-04/04/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-Preliminary Title report Item no 10 UCC Financing Statement XXXX Inc, will be removed and not reflect on final title policy. - Due Diligence Vendor-04/04/2025 <br> Resolved-Title Document uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/03/2025 <br> Resolved-Title Document is fully Present - Due Diligence Vendor-04/03/2025 <br> Ready for Review-Document Uploaded. - Seller-04/02/2025 <br> Open-Title Document is missing - Due Diligence Vendor-03/31/2025 | Ready for Review-Document Uploaded. - Seller-04/02/2025<br>| Resolved-Preliminary Title report Item no 10 UCC Financing Statement Tesla Inc, will be removed and not reflect on final title policy. - Due Diligence Vendor-04/04/2025 <br>Resolved-Title Document uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/03/2025 <br>Resolved-Title Document is fully Present - Due Diligence Vendor-04/03/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-2/5/2025 CU 1.1 confirms appraised value $XXXX - Due Diligence Vendor-04/04/2025 <br> Resolved-Secondary Valuation uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/03/2025 <br> Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-04/03/2025 <br> Ready for Review-Document Uploaded. CU 1.1, 2nd apprsl not needed. See attached. - Seller-04/02/2025 <br> Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Second Appraisal/ Valuation is Missing - Due Diligence Vendor-03/31/2025 | Ready for Review-Document Uploaded. CU 1.1, 2nd apprsl not needed. See attached. - Seller-04/02/2025<br>| Resolved-2/5/2025 CU 1.1 confirms appraised value $XXXX - Due Diligence Vendor-04/04/2025 <br> Resolved-Secondary Valuation uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/03/2025 <br> Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-04/03/2025 | XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Appraisal is Missing | Resolved-LTV 78.81, resolved - Due Diligence Vendor-04/04/2025 <br>Resolved-Appraisal uploaded, Verified & entered in system - Resolved - Due Diligence Vendor-04/03/2025 <br>Resolved-Appraisal is Present or is Waived - Due Diligence Vendor-04/03/2025 <br>Ready for Review-Document Uploaded. - Seller-04/02/2025 <br>Open-Appraisal is Missing Primary appraisal or valuation is missing - Due Diligence Vendor-03/31/2025 | Ready for Review-Document Uploaded. - Seller-04/02/2025<br>| Resolved-LTV 78.81, resolved - Due Diligence Vendor-04/04/2025 <br>Resolved-Appraisal uploaded, Verified & entered in system - Resolved - Due Diligence Vendor-04/03/2025 <br>Resolved-Appraisal is Present or is Waived - Due Diligence Vendor-04/03/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information B A | Credit | Doc Issue | Borrower Certification of Appraisal Delivery is Missing | Resolved-Certification Borrower Receipt of Appraisal for Federal HPML - Due Diligence Vendor-04/04/2025 <br>Resolved-Borrower Certification of Appraisal Delivery uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/03/2025 <br>Ready for Review-Document Uploaded. - Seller-04/02/2025 <br>Open-Borrower Certification of Appraisal Delivery or Acknowledgement is Missing - Due Diligence Vendor-03/31/2025 | Ready for Review-Document Uploaded. - Seller-04/02/2025<br>| Resolved-Certification Borrower Receipt of Appraisal for Federal HPML - Due Diligence Vendor-04/04/2025 <br>Resolved-Borrower Certification of Appraisal Delivery uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/03/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | California - Higher Priced Mortgage Loan (First Lien 06/2013)(Conforming) | Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/11/2025 <br>Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (8.295%) equals or exceeds the California HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.73%).(Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(i)) An interior and exterior appraisal was completed for this property and confirmation the appraisal was delivered to the borrower documents are missing to resolve the HPML findings. Resolved the state-based finding, as HPML finding kept open for the same.<br> This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 238 and the Final Closing disclosure on Pg#'s 40, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 250. the appraisal disclosure was provided to the borrower(s)- see Pg#'s 777. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/11/2025 |  | Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/11/2025 <br>Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (8.295%) equals or exceeds the California HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.73%).(Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(i)) An interior and exterior appraisal was completed for this property and confirmation the appraisal was delivered to the borrower documents are missing to resolve the HPML findings. Resolved the state-based finding, as HPML finding kept open for the same.<br> This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 238 and the Final Closing disclosure on Pg#'s 40, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 250. the appraisal disclosure was provided to the borrower(s)- see Pg#'s 777. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/11/2025<br>|  |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Tolerance:FinanceCharge | Federal - Finance Charge Disclosure Tolerance (Closed End) | Resolved-PCCD received with a $110 tolerance cure, as well as evidence it was provided to the borrower. - Due Diligence Vendor-04/09/2025 <br> Ready for Review-Document Uploaded. - Seller-04/08/2025 <br> Open-• The disclosed finance charge on the Final CD ($463,775.09) is ($110.00) below the actual finance charge conducted by the audit ($463,885.09). The file is missing an itemized list of the items counted as Prepaid Finance Charges by the Lender. The Audit considered Discount Points ($8,940.00) + Admin Fee ($1,599.00) + Flood Certification ($16.95) + MERS Registration ($24.95) + Title Archive/Warehousing Fee ($60.00) + Closing Protection Letter ($50.00) + Title Overnight Courier Fee ($50.00) + Title Settlement/Closing Fee ($795.00) + Prepaid Interest ($310.40) = $11,846.30 in prepaid finance charges. - Due Diligence Vendor-04/04/2025 <br> Open-The disclosed finance charge ($XXXX) is ($XXXX) below the actual finance charge($XXXX). The Truth in Lending Act considers the disclosed finance charge inaccurate if it is more than $100 below the actual finance charge. (12 CFR 1026.18(d)(1); OSC 17(c)(2)(ii)-1) ... - Due Diligence Vendor-04/04/2025 | Ready for Review-Document Uploaded. - Seller-04/08/2025<br>| Resolved-PCCD received with a $110 tolerance cure, as well as evidence it was provided to the borrower. - Due Diligence Vendor-04/09/2025<br>| PCCD 2025 xx.pdf |  |  | VA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-TRID: Initial Closing Disclosure Provided. - Due Diligence Vendor-04/04/2025 <br>Ready for Review-Document Uploaded. - Seller-04/03/2025 <br>Open-TRID: Missing Closing Disclosure • Provide Initial Closing Disclosure. Initial Closing Disclosure missing. Only documents provided were the Initial LE (2/20/2025), a Revised LE (2/20/2025), and the Final CD (3/27/2025). - Due Diligence Vendor-04/03/2025 | Ready for Review-Document Uploaded. - Seller-04/03/2025<br>| Resolved-TRID: Initial Closing Disclosure Provided. - Due Diligence Vendor-04/04/2025<br>| XXXX |  |  | VA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-Updated 1008 Document uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/04/2025 <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-04/04/2025 <br>Ready for Review-Document Uploaded. - Seller-04/03/2025 <br>Open-The 1008 document is missing from the loan file. • The provided 1008 as a P&I of $2,160.71, which is not matching with the Note P&I of $2,083.46. The Note Rate is 7.499%; however, the 1008 lists a Qualifying Rate of 7.875%, which is what caused the incorrect P&I. - Due Diligence Vendor-04/02/2025 | Ready for Review-Document Uploaded. - Seller-04/03/2025<br>| Resolved-Updated 1008 Document uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/04/2025 <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-04/04/2025<br>| XXXX |  |  | VA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (9.195%) APR equals or exceeds the Federal HPML threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.65%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#478 and the Final Closing disclosure on Pg#221, Finding reflects escrows. Rate lock date was entered correctly – see Pg#499,217. An interior and exterior appraisal was completed for this property – see pg#22, the appraisal disclosure was provided to the borrower(s)- see Pg#550, and confirmation the appraisal was delivered to the borrower – see Pg#17-18, The loan meets HPML guidelines, resolved - Due Diligence Vendor-04/01/2025 |  | Resolved-The loan's (9.195%) APR equals or exceeds the Federal HPML threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.65%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#478 and the Final Closing disclosure on Pg#221, Finding reflects escrows. Rate lock date was entered correctly – see Pg#499,217. An interior and exterior appraisal was completed for this property – see pg#22, the appraisal disclosure was provided to the borrower(s)- see Pg#550, and confirmation the appraisal was delivered to the borrower – see Pg#17-18, The loan meets HPML guidelines, resolved - Due Diligence Vendor-04/01/2025<br>|  |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Maryland - Higher Priced Mortgage Loan (First Lien 06/2013)(Conforming) | Resolved-Under the Regulations adopted by the Maryland Commissioner of Financial Regulation, as applicable to Mortgage Lenders, this is a Higher-Priced Mortgage. The loan's APR of (9.195%) equals or exceeds the Maryland Higher-Priced Mortgage threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.65%). (COMAR 09.03.06.02(B)(13); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#478 and the Final Closing disclosure on Pg#221, Finding reflects escrows. Rate lock date was entered correctly – see Pg#499,217. An interior and exterior appraisal was completed for this property – see pg#22, the appraisal disclosure was provided to the borrower(s)- see Pg#550, and confirmation the appraisal was delivered to the borrower – see Pg#17-18, The loan meets HPML guidelines, resolved - Due Diligence Vendor-04/01/2025 |  | Resolved-Under the Regulations adopted by the Maryland Commissioner of Financial Regulation, as applicable to Mortgage Lenders, this is a Higher-Priced Mortgage. The loan's APR of (9.195%) equals or exceeds the Maryland Higher-Priced Mortgage threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.65%). (COMAR 09.03.06.02(B)(13); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#478 and the Final Closing disclosure on Pg#221, Finding reflects escrows. Rate lock date was entered correctly – see Pg#499,217. An interior and exterior appraisal was completed for this property – see pg#22, the appraisal disclosure was provided to the borrower(s)- see Pg#550, and confirmation the appraisal was delivered to the borrower – see Pg#17-18, The loan meets HPML guidelines, resolved - Due Diligence Vendor-04/01/2025<br>|  |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-Updated 1008 Document uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/10/2025 <br>Ready for Review-Document Uploaded. - Seller-04/09/2025 <br>Open-The 1008 document is missing from the loan file. • The 1008 document provided reflects a Note Rate of 7.875% (with a $1,644.46 P&I on the Note @ 7.875%), but Rate Used for Qualifying on the 1008 shows 7.999% ($1,664.02 P&I on the 1008). Provide updated 1008 with correct Qualifying Rate & P&I. - Due Diligence Vendor-04/02/2025 | Ready for Review-Document Uploaded. - Seller-04/09/2025<br>| Resolved-Updated 1008 Document uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/10/2025<br>| XXXX |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (8.276%) APR equals or exceeds the Federal HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.66%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'251 and the Final Closing disclosure on Pg#'s126-131, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s138-143, 125. An interior and exterior appraisal was completed for this property – see pg#31, the appraisal disclosure was provided to the borrower(s)- see Pg#'s333, and confirmation the appraisal was delivered to the borrower – see Pg#'s172. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-04/02/2025 |  | Resolved-The loan's (8.276%) APR equals or exceeds the Federal HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.66%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'251 and the Final Closing disclosure on Pg#'s126-131, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s138-143, 125. An interior and exterior appraisal was completed for this property – see pg#31, the appraisal disclosure was provided to the borrower(s)- see Pg#'s333, and confirmation the appraisal was delivered to the borrower – see Pg#'s172. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-04/02/2025<br>|  |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-04/07/2025 <br>Resolved-Lender acknowledges. No TRID issues. Issue resolved. - Due Diligence Vendor-04/07/2025 <br>Ready for Review-We acknowledge and are aware the loan documents were signed prior to the Note date. This does not cause any TRID violation, or salability of the loan. No new documents are required to be signed - Seller-04/04/2025 <br>Open-TRID: Missing Final Closing Disclosure • The Note is dated 3/26/2025, as is the Final CD. However, the Closing Date (signing/notary date) is actually before that on 3/25/2025. There is a TRID date mismatch. - Due Diligence Vendor-04/02/2025 | Ready for Review-We acknowledge and are aware the loan documents were signed prior to the Note date. This does not cause any TRID violation, or salability of the loan. No new documents are required to be signed - Seller-04/04/2025<br>| Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-04/07/2025 <br>Resolved-Lender acknowledges. No TRID issues. Issue resolved. - Due Diligence Vendor-04/07/2025<br>|  |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Note is Incomplete | Resolved-The Note is Present - Due Diligence Vendor-04/07/2025 <br>Resolved-Lender acknowledges. No TRID issues. Issue resolved. - Due Diligence Vendor-04/07/2025 <br>Ready for Review-We acknowledge and are aware the loan documents were signed prior to the Note date. This does not cause any TRID violation, or salability of the loan. No new documents are required to be signed - Seller-04/04/2025 <br>Open-The Note is Incomplete • The Note is dated 3/26/2025, as is the Final CD. However, the Closing Date (signing/notary date) is actually before that on 3/25/2025. There is a TRID date mismatch. - Due Diligence Vendor-04/02/2025 | Ready for Review-We acknowledge and are aware the loan documents were signed prior to the Note date. This does not cause any TRID violation, or salability of the loan. No new documents are required to be signed - Seller-04/04/2025<br>| Resolved-The Note is Present - Due Diligence Vendor-04/07/2025 <br>Resolved-Lender acknowledges. No TRID issues. Issue resolved. - Due Diligence Vendor-04/07/2025<br>|  |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-. - Due Diligence Vendor-04/07/2025 <br>Resolved-The loan's (8.167%) APR equals or exceeds the Federal HPML threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.65%).(12 CFR 1026.35(a)(1)(i)) "This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met.<br> TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 489and the Final Closing disclosure on Pg#'s 268, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 264. An interior and exterior appraisal was completed for this property – see pg 72, the appraisal acknowledgment was provided to the borrower(s)- see Pg#'s 601, and confirmation the appraisal was delivered to the borrower – see Pg#'s 63-68, and the loan meets HPML guidelines, resolved. "<br> - Due Diligence Vendor-04/01/2025 |  | Resolved-. - Due Diligence Vendor-04/07/2025 <br>Resolved-The loan's (8.167%) APR equals or exceeds the Federal HPML threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.65%).(12 CFR 1026.35(a)(1)(i)) "This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met.<br> TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 489and the Final Closing disclosure on Pg#'s 268, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 264. An interior and exterior appraisal was completed for this property – see pg 72, the appraisal acknowledgment was provided to the borrower(s)- see Pg#'s 601, and confirmation the appraisal was delivered to the borrower – see Pg#'s 63-68, and the loan meets HPML guidelines, resolved. "<br> - Due Diligence Vendor-04/01/2025<br>|  |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (8.682%) APR equals or exceeds the Federal HPML threshold of (8.12%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.62%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg 342 and the Final Closing disclosure on Pg 162, Finding reflects escrows. Rate lock date was entered correctly – see Pg 157. An interior and exterior appraisal was completed for this property – see pg 26, the appraisal disclosure was provided to the borrower(s)- see Pg 420, 372, and confirmation the appraisal was delivered to the borrower – see Pg 372, 420. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-04/01/2025 |  | Resolved-The loan's (8.682%) APR equals or exceeds the Federal HPML threshold of (8.12%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.62%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg 342 and the Final Closing disclosure on Pg 162, Finding reflects escrows. Rate lock date was entered correctly – see Pg 157. An interior and exterior appraisal was completed for this property – see pg 26, the appraisal disclosure was provided to the borrower(s)- see Pg 420, 372, and confirmation the appraisal was delivered to the borrower – see Pg 372, 420. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-04/01/2025<br>|  |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-the initial CD was provided - Due Diligence Vendor-04/15/2025 <br>Ready for Review-Document Uploaded. - Seller-04/11/2025 <br>Open-TRID: Missing Closing Disclosure TRID: Initial Closing Disclosure is missing from file, required to run the Mavent. - Due Diligence Vendor-04/10/2025 | Ready for Review-Document Uploaded. - Seller-04/11/2025<br>| Resolved-the initial CD was provided - Due Diligence Vendor-04/15/2025<br>| XXXX |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | Maryland - Higher Priced Mortgage Loan (First Lien 06/2013)(Conforming) | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s _372___ and the Final Closing disclosure on Pg#'s _222___ reflects escrows. Rate lock date was entered correctly – see Pg#'s _394____ An interior and exterior appraisal was completed for this property – see pg _18___ , the appraisal disclosure was provided to the borrower(s)- see Pg#'s_472__ , and copy of the appraisal was given to the borrower – see Pg#'s __214___ for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-04/15/2025 <br>Open-Under the Regulations adopted by the Maryland Commissioner of Financial Regulation, as applicable to Mortgage Lenders, this is a Higher-Priced Mortgage. The loan's APR of (8.706%) equals or exceeds the Maryland Higher-Priced Mortgage threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.73%). (COMAR 09.03.06.02(B)(13); 12 CFR 1026.35(a)(1)(i)) open - Due Diligence Vendor-04/15/2025 |  | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s _372___ and the Final Closing disclosure on Pg#'s _222___ reflects escrows. Rate lock date was entered correctly – see Pg#'s _394____ An interior and exterior appraisal was completed for this property – see pg _18___ , the appraisal disclosure was provided to the borrower(s)- see Pg#'s_472__ , and copy of the appraisal was given to the borrower – see Pg#'s __214___ for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-04/15/2025<br>|  |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s _372___ and the Final Closing disclosure on Pg#'s _222___ reflects escrows. Rate lock date was entered correctly – see Pg#'s _394____ An interior and exterior appraisal was completed for this property – see pg _18___ , the appraisal disclosure was provided to the borrower(s)- see Pg#'s_472__ , and copy of the appraisal was given to the borrower – see Pg#'s __214___ for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-04/15/2025 <br>Open-The loan's (8.706%) APR equals or exceeds the Federal HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) open - Due Diligence Vendor-04/15/2025 |  | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s _372___ and the Final Closing disclosure on Pg#'s _222___ reflects escrows. Rate lock date was entered correctly – see Pg#'s _394____ An interior and exterior appraisal was completed for this property – see pg _18___ , the appraisal disclosure was provided to the borrower(s)- see Pg#'s_472__ , and copy of the appraisal was given to the borrower – see Pg#'s __214___ for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-04/15/2025<br>|  |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Fees: Limited | Resolved- - Due Diligence Vendor-04/15/2025 <br> Open-The total amount of the 10% category fees on the last Closing Disclosure ($XXXX) has increased by more than 10% over the current baseline value of ($XXXX). The total amount of fees in the 10% category cannot exceed ($XXXX). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Filing Fees). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). - Due Diligence Vendor-04/15/2025 |  | Resolved- - Due Diligence Vendor-04/15/2025<br>|  |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Fees: Limited | Resolved- - Due Diligence Vendor-04/15/2025 <br> Open-The total amount of the 10% category fees ($XXXX) has increased by more than 10% over the current baseline value of ($XXXX). The total amount of fees in the 10% category cannot exceed ($XXXX). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Filing Fees). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). - Due Diligence Vendor-04/15/2025 |  | Resolved- - Due Diligence Vendor-04/15/2025<br>|  |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset General | Resolved-Received the asset worksheet - Due Diligence Vendor-04/15/2025 <br>Ready for Review-Document Uploaded. - Seller-04/11/2025 <br>Open-provide the asset worksheet - Due Diligence Vendor-04/10/2025 | Ready for Review-Document Uploaded. - Seller-04/11/2025<br>| Resolved-Received the asset worksheet - Due Diligence Vendor-04/15/2025<br>| XXXX |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-Purchase Contract Document provided.<br> - Due Diligence Vendor-04/14/2025 <br>Resolved-Purchase Contract Doc is not Missing, or is Not Applicable. - Due Diligence Vendor-04/14/2025 <br>Ready for Review-Document Uploaded. - Seller-04/11/2025 <br>Open-Loan Purpose is Purchase but Purchase Contract Doc is Missing Purchase Contract Doc is Missing in file. - Due Diligence Vendor-04/08/2025 | Ready for Review-Document Uploaded. - Seller-04/11/2025<br>| Resolved-Purchase Contract Document provided.<br> - Due Diligence Vendor-04/14/2025 <br>Resolved-Purchase Contract Doc is not Missing, or is Not Applicable. - Due Diligence Vendor-04/14/2025<br>| XXXX |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information B A | Compliance | Missing Doc | Missing Right to Receive Appraisal | Resolved-The Appraisal disclosure is provided. - Due Diligence Vendor-04/24/2025 <br>Ready for Review-Document Uploaded. - Seller-04/22/2025 <br>Counter-The attached is an email to borrower confirming receipt of appraisal. The Notice of Right to Receive Appraisal disclosure is missing. - Due Diligence Vendor-04/22/2025 <br>Ready for Review-Document Uploaded. - Seller-04/18/2025 <br>Open-Missing Notice of Right to Receive Appraisal disclosure. <br> - Due Diligence Vendor-04/18/2025 | Ready for Review-Document Uploaded. - Seller-04/22/2025 <br>Ready for Review-Document Uploaded. - Seller-04/18/2025<br>| Resolved-The Appraisal disclosure is provided. - Due Diligence Vendor-04/24/2025<br>| APPRAISAL EMAIL TO BORROWER.pdf<br>Appraisal Acknowledgement.pdf |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-Condition added for Appraisal Disclosure. The loan's (8.768%) APR equals or exceeds the Federal HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) Opened finding for Missing Appraisal Disclosure. This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s __300__ and the Final Closing disclosure on Pg#'s _Findings___ reflects escrows. Rate lock date was entered correctly – see Pg#'s ___304__ An interior and exterior appraisal was completed for this property – see pg _32___ , the appraisal disclosure was provided to the borrower(s)- see Pg#'s Findings___ , and copy of the appraisal was given to the borrower – see Pg#'s _128____. The loan meets HPML guidelines. - Due Diligence Vendor-04/24/2025 <br> Rescinded-Condition added for Appraisal Disclosure. The loan's (8.768%) APR equals or exceeds the Federal HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) Opened finding for Missing Appraisal Disclosure. This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s __300__ and the Final Closing disclosure on Pg#'s _Findings___ reflects escrows. Rate lock date was entered correctly – see Pg#'s ___304__ An interior and exterior appraisal was completed for this property – see pg _32___ , the appraisal disclosure was provided to the borrower(s)- see Pg#'s Missing___ , and copy of the appraisal was given to the borrower – see Pg#'s _128____. The loan meets HPML guidelines. - Due Diligence Vendor-04/18/2025 <br> Rescinded-The loan's (8.768%) APR equals or exceeds the Federal HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) Opened finding for Missing Appraisal Disclosure. This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s __300__ and the Final Closing disclosure on Pg#'s _Findings___ reflects escrows. Rate lock date was entered correctly – see Pg#'s ___304__ An interior and exterior appraisal was completed for this property – see pg _32___ , the appraisal disclosure was provided to the borrower(s)- see Pg#'s Missing___ , and copy of the appraisal was given to the borrower – see Pg#'s _128____. The loan meets HPML guidelines. - Due Diligence Vendor-04/18/2025 |  | Resolved-Condition added for Appraisal Disclosure. The loan's (8.768%) APR equals or exceeds the Federal HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) Opened finding for Missing Appraisal Disclosure. This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s __300__ and the Final Closing disclosure on Pg#'s _Findings___ reflects escrows. Rate lock date was entered correctly – see Pg#'s ___304__ An interior and exterior appraisal was completed for this property – see pg _32___ , the appraisal disclosure was provided to the borrower(s)- see Pg#'s Findings___ , and copy of the appraisal was given to the borrower – see Pg#'s _128____. The loan meets HPML guidelines. - Due Diligence Vendor-04/24/2025 <br>Rescinded-Condition added for Appraisal Disclosure. The loan's (8.768%) APR equals or exceeds the Federal HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) Opened finding for Missing Appraisal Disclosure. This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s __300__ and the Final Closing disclosure on Pg#'s _Findings___ reflects escrows. Rate lock date was entered correctly – see Pg#'s ___304__ An interior and exterior appraisal was completed for this property – see pg _32___ , the appraisal disclosure was provided to the borrower(s)- see Pg#'s Missing___ , and copy of the appraisal was given to the borrower – see Pg#'s _128____. The loan meets HPML guidelines. - Due Diligence Vendor-04/18/2025 <br>Rescinded-The loan's (8.768%) APR equals or exceeds the Federal HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) Opened finding for Missing Appraisal Disclosure. This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s __300__ and the Final Closing disclosure on Pg#'s _Findings___ reflects escrows. Rate lock date was entered correctly – see Pg#'s ___304__ An interior and exterior appraisal was completed for this property – see pg _32___ , the appraisal disclosure was provided to the borrower(s)- see Pg#'s Missing___ , and copy of the appraisal was given to the borrower – see Pg#'s _128____. The loan meets HPML guidelines. - Due Diligence Vendor-04/18/2025<br>|  |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Tolerance:Disclosure | Federal - Homeownership Counseling Disclosure Delivery | Resolved-Homeownership Counseling Disclosure with date of 03/04/25 added to file, Mavent resolved. - Due Diligence Vendor-04/22/2025 <br> Ready for Review-Document Uploaded. - Seller-04/18/2025 <br> Open-The Homeownership Counseling Disclosure Sent Date (2025-03-14) is more than 3 business days from the Application Date (XXXX). Three business days from the Application Date is (XXXX). Under 12 CFR 1024.20, not later than three business days after receipt of an application, or information sufficient to complete an application, the lender must provide the applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. (12 CFR 1024.20) - Due Diligence Vendor-04/18/2025 | Ready for Review-Document Uploaded. - Seller-04/18/2025<br>| Resolved-Homeownership Counseling Disclosure with date of 03/04/25 added to file, Mavent resolved. - Due Diligence Vendor-04/22/2025<br>| Homeowernship Counseling Disclosure.pdf |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-04/18/2025 <br>Ready for Review-Document Uploaded. - Seller-04/16/2025 <br>Counter-The attached Final CD Section H has fees marked as "Other". The fees cannot be captured without names. - Due Diligence Vendor-04/15/2025 <br>Open-TRID: Missing Final Closing Disclosure - Due Diligence Vendor-04/15/2025 <br>Ready for Review-Document Uploaded. - Seller-04/11/2025 <br>Open-TRID: Missing Final Closing Disclosure Provide updated Final Closing Disclosure document, as 2nd and 4th pages are missing in file. - Due Diligence Vendor-04/03/2025 | Ready for Review-Document Uploaded. - Seller-04/16/2025 <br>Ready for Review-Document Uploaded. - Seller-04/11/2025<br>| Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-04/18/2025<br>| XXXX |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Tolerance:FinanceCharge | Federal - Finance Charge Disclosure Tolerance (Closed End) | Resolved-Final CD uploaded and report cleared. - Due Diligence Vendor-04/18/2025 <br> Open-The disclosed finance charge ($XXXX) is ($XXXX) below the actual finance charge($XXXX). The Truth in Lending Act considers the disclosed finance charge inaccurate if it is more than $100 below the actual finance charge. (12 CFR 1026.18(d)(1); OSC 17(c)(2)(ii)-1) - Due Diligence Vendor-04/18/2025 |  | Resolved-Final CD uploaded and report cleared. - Due Diligence Vendor-04/18/2025<br>|  |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-The Initial 1003 is Present - Due Diligence Vendor-04/11/2025 <br>Ready for Review-Document Uploaded. - Seller-04/09/2025 <br>Open-The Initial 1003 is Missing Provide updated initial 1003 document, as loan originator signature date is missing in file. - Due Diligence Vendor-04/02/2025 | Ready for Review-Document Uploaded. - Seller-04/09/2025<br>| Resolved-The Initial 1003 is Present - Due Diligence Vendor-04/11/2025<br>| Initial 1003.pdf |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/07/2025 <br>Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-04/07/2025 <br>Ready for Review-Document Uploaded. - Seller-04/04/2025 <br>Open-Missing Third Party Fraud Report Provide Third Party Fraud Report, as it is missing in file. - Due Diligence Vendor-04/03/2025 | Ready for Review-Document Uploaded. - Seller-04/04/2025<br>| Resolved-Third Party Fraud Report uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/07/2025 <br>Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-04/07/2025<br>| XXXX |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Business Purpose Affidavit is Missing | Resolved-The Business Purpose Affidavit is present or Not Applicable (1008 Page Loan Type is Conventional.) - Due Diligence Vendor-04/09/2025 <br>Ready for Review-File is a TRID, not a business purpose file-- therefore disclosure is not needed. Thank you - Seller-04/08/2025 <br>Open-The 1008 Page Loan Type is 'Conventional' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Missing', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. Business Purpose Affidavit is Missing - Due Diligence Vendor-04/02/2025 | Ready for Review-File is a TRID, not a business purpose file-- therefore disclosure is not needed. Thank you - Seller-04/08/2025<br>| Resolved-The Business Purpose Affidavit is present or Not Applicable (1008 Page Loan Type is Conventional.) - Due Diligence Vendor-04/09/2025<br>|  |  |  | NV | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-PCCD with disbursement date of XXXX uploaded. - Due Diligence Vendor-04/09/2025 <br> Ready for Review-Document Uploaded. - Seller-04/08/2025 <br> Open-TRID: Missing Final Closing Disclosure Disbursement Date is Prior to Closing Date , Provide the updated final CD with Disbursement Date is on or after the note date. - Due Diligence Vendor-04/02/2025 | Ready for Review-Document Uploaded. - Seller-04/08/2025<br>| Resolved-PCCD with disbursement date of 3/27/2025 uploaded. - Due Diligence Vendor-04/09/2025<br>| XXXX |  |  | NV | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document is Incomplete | Resolved-Final Title Policy uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/09/2025 <br>Resolved-Title Document is Provided And Complete - Due Diligence Vendor-04/09/2025 <br>Ready for Review-Document Uploaded. - Seller-04/08/2025 <br>Open-Title Document is Incomplete Provide the updated title document with Commitment date on it. - Due Diligence Vendor-04/02/2025 | Ready for Review-Document Uploaded. - Seller-04/08/2025<br>| Resolved-Final Title Policy uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/09/2025 <br>Resolved-Title Document is Provided And Complete - Due Diligence Vendor-04/09/2025<br>| xx ftp.pdf |  |  | NV | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-05/16/2025 <br>Ready for Review-Document Uploaded. - Seller-05/15/2025 <br>Counter-Thank you for the upload. Please provide existence of business within 10 days of closing. - Due Diligence Vendor-04/09/2025 <br>Ready for Review-Document Uploaded. - Seller-04/08/2025 <br>Open-Borrower 1 3rd Party VOE Prior to Close Missing VOE is > 10 days from closing. Please update. - Due Diligence Vendor-04/07/2025 | Ready for Review-Document Uploaded. - Seller-05/15/2025 <br>Ready for Review-Document Uploaded. - Seller-04/08/2025<br>| Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-05/16/2025<br>| XXXX |  |  | MD | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Fees: Limited | Resolved-Document received, data updated - Due Diligence Vendor-04/16/2025 <br> Ready for Review-Document Uploaded. - Seller-04/15/2025 <br> Open-The total amount of the 10% category fees ($XXXX) has increased by more than 10% over the current baseline value of ($XXXX). The total amount of fees in the 10% category cannot exceed ($XXXX). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Recording Fees – Mortgage/Deed of Trust, Courier Fee, Document Preparation Fee, Recording Service Fee). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). he total amount of the 10% category fees ($1,278.00) has increased by more than 10% - Due Diligence Vendor-04/09/2025 | Ready for Review-Document Uploaded. - Seller-04/15/2025<br>| Resolved-Document received, data updated - Due Diligence Vendor-04/16/2025<br>| XXXX |  |  | MD | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Fees: Limited | Resolved-Document received, data updated - Due Diligence Vendor-04/16/2025 <br> Ready for Review-Document Uploaded. - Seller-04/15/2025 <br> Open-The total amount of the 10% category fees on the last Closing Disclosure ($XXXX) has increased by more than 10% over the current baseline value of ($XXXX). The total amount of fees in the 10% category cannot exceed ($XXXX). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Recording Fees – Mortgage/Deed of Trust, Courier Fee, Document Preparation Fee, Recording Service Fee). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). The total amount of the 10% category fees on the last Closing Disclosure ($XXXX) has increased by more than 10% over the current baseline value of ($1,050.00). - Due Diligence Vendor-04/09/2025 | Ready for Review-Document Uploaded. - Seller-04/15/2025<br>| Resolved-Document received, data updated - Due Diligence Vendor-04/16/2025<br>| XXXX |  |  | MD | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance (50001252) | Resolved-Document received, data updated - Due Diligence Vendor-04/16/2025 <br> Ready for Review-Document Uploaded. LE COCs to cure - Seller-04/15/2025 <br> Open-Doc Tax has increased from $XXXX to $XXXX. Please provide COC - Due Diligence Vendor-04/09/2025 <br> Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Doc Tax Stamps/Transfer Taxes – City/County, Appraisal Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline - Due Diligence Vendor-04/09/2025 | Ready for Review-Document Uploaded. LE COCs to cure - Seller-04/15/2025<br>| Resolved-Document received, data updated - Due Diligence Vendor-04/16/2025<br>| XXXX |  |  | MD | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Document received, data updated - Due Diligence Vendor-04/09/2025 <br>Ready for Review-Document Uploaded. - Seller-04/08/2025 <br>Open-TRID: Missing Closing Disclosure TRID: Missing Initial Closing Disclosure.<br> - Due Diligence Vendor-04/02/2025 | Ready for Review-Document Uploaded. - Seller-04/08/2025<br>| Resolved-Document received, data updated - Due Diligence Vendor-04/09/2025<br>| CD COC.pdf |  |  | MD | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-04/09/2025 <br> Ready for Review-Document Uploaded. - Seller-04/08/2025 <br> Open-Title Coverage Amount of $XXXX is Less than Loan Amount - Due Diligence Vendor-04/02/2025 | Ready for Review-Document Uploaded. - Seller-04/08/2025<br>| Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-04/09/2025 | T PRELIM.pdf |  |  | MD | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | Mavent | HigherPriced: APR | Resolved-You submitted no impound amounts for property taxes on this HPML loan. Regulation Z prohibits a lender from making a first lien higher priced mortgage loan unless an escrow account is established before consummation for payment of property taxes and premiums for mortgage-related insurance. A creditor or servicer may not cancel the escrow account until the earlier of: (1) termination of the underlying debt obligation or (2) FIVE years after consummation if the unpaid principal balance is less than 80% of the original value of the property and the consumer is not delinquent or in default on the underlying debt obligation. (12 CFR 1026.35(b)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 395 and the Final Closing disclosure on Pg#'s 119 reflects escrows. Rate lock date was entered correctly – see Pg#'s 460 An interior and exterior appraisal was completed for this property – see pg 31 , the appraisal disclosure was provided to the borrower(s)- see Pg#'s 133 , and copy of the appraisal was given to the borrower – see Pg#'s 142 for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-04/09/2025 <br>Resolved-You submitted no impound amounts for property taxes on this HPML loan. Regulation Z prohibits a lender from making a first lien higher priced mortgage loan unless an escrow account is established before consummation for payment of property taxes and premiums for mortgage-related insurance. A creditor or servicer may not cancel the escrow account until the earlier of: (1) termination of the underlying debt obligation or (2) FIVE years after consummation if the unpaid principal balance is less than 80% of the original value of the property and the consumer is not delinquent or in default on the underlying debt obligation. (12 CFR 1026.35(b)) - Due Diligence Vendor-04/09/2025 |  | Resolved-You submitted no impound amounts for property taxes on this HPML loan. Regulation Z prohibits a lender from making a first lien higher priced mortgage loan unless an escrow account is established before consummation for payment of property taxes and premiums for mortgage-related insurance. A creditor or servicer may not cancel the escrow account until the earlier of: (1) termination of the underlying debt obligation or (2) FIVE years after consummation if the unpaid principal balance is less than 80% of the original value of the property and the consumer is not delinquent or in default on the underlying debt obligation. (12 CFR 1026.35(b)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 395 and the Final Closing disclosure on Pg#'s 119 reflects escrows. Rate lock date was entered correctly – see Pg#'s 460 An interior and exterior appraisal was completed for this property – see pg 31 , the appraisal disclosure was provided to the borrower(s)- see Pg#'s 133 , and copy of the appraisal was given to the borrower – see Pg#'s 142 for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-04/09/2025 <br>Resolved-You submitted no impound amounts for property taxes on this HPML loan. Regulation Z prohibits a lender from making a first lien higher priced mortgage loan unless an escrow account is established before consummation for payment of property taxes and premiums for mortgage-related insurance. A creditor or servicer may not cancel the escrow account until the earlier of: (1) termination of the underlying debt obligation or (2) FIVE years after consummation if the unpaid principal balance is less than 80% of the original value of the property and the consumer is not delinquent or in default on the underlying debt obligation. (12 CFR 1026.35(b)) - Due Diligence Vendor-04/09/2025<br>|  |  |  | MD | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-You submitted no impound amounts for property taxes on this HPML loan. Regulation Z prohibits a lender from making a first lien higher priced mortgage loan unless an escrow account is established before consummation for payment of property taxes and premiums for mortgage-related insurance. A creditor or servicer may not cancel the escrow account until the earlier of: (1) termination of the underlying debt obligation or (2) FIVE years after consummation if the unpaid principal balance is less than 80% of the original value of the property and the consumer is not delinquent or in default on the underlying debt obligation. (12 CFR 1026.35(b)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 395 and the Final Closing disclosure on Pg#'s 119 reflects escrows. Rate lock date was entered correctly – see Pg#'s 460 An interior and exterior appraisal was completed for this property – see pg 31 , the appraisal disclosure was provided to the borrower(s)- see Pg#'s 133 , and copy of the appraisal was given to the borrower – see Pg#'s 142 for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-04/09/2025 <br>Resolved-The loan's (9.631%) APR equals or exceeds the Federal HPML threshold of (8.43%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.93%).(12 CFR 1026.35(a)(1)(i)) - Due Diligence Vendor-04/09/2025 |  | Resolved-You submitted no impound amounts for property taxes on this HPML loan. Regulation Z prohibits a lender from making a first lien higher priced mortgage loan unless an escrow account is established before consummation for payment of property taxes and premiums for mortgage-related insurance. A creditor or servicer may not cancel the escrow account until the earlier of: (1) termination of the underlying debt obligation or (2) FIVE years after consummation if the unpaid principal balance is less than 80% of the original value of the property and the consumer is not delinquent or in default on the underlying debt obligation. (12 CFR 1026.35(b)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 395 and the Final Closing disclosure on Pg#'s 119 reflects escrows. Rate lock date was entered correctly – see Pg#'s 460 An interior and exterior appraisal was completed for this property – see pg 31 , the appraisal disclosure was provided to the borrower(s)- see Pg#'s 133 , and copy of the appraisal was given to the borrower – see Pg#'s 142 for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-04/09/2025 <br>Resolved-The loan's (9.631%) APR equals or exceeds the Federal HPML threshold of (8.43%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.93%).(12 CFR 1026.35(a)(1)(i)) - Due Diligence Vendor-04/09/2025<br>|  |  |  | MD | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Maryland - Higher Priced Mortgage Loan (First Lien 06/2013)(Conforming) | Resolved-You submitted no impound amounts for property taxes on this HPML loan. Regulation Z prohibits a lender from making a first lien higher priced mortgage loan unless an escrow account is established before consummation for payment of property taxes and premiums for mortgage-related insurance. A creditor or servicer may not cancel the escrow account until the earlier of: (1) termination of the underlying debt obligation or (2) FIVE years after consummation if the unpaid principal balance is less than 80% of the original value of the property and the consumer is not delinquent or in default on the underlying debt obligation. (12 CFR 1026.35(b)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 395 and the Final Closing disclosure on Pg#'s 119 reflects escrows. Rate lock date was entered correctly – see Pg#'s 460 An interior and exterior appraisal was completed for this property – see pg 31 , the appraisal disclosure was provided to the borrower(s)- see Pg#'s 133 , and copy of the appraisal was given to the borrower – see Pg#'s 142 for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-04/09/2025 <br>Resolved-Under the Regulations adopted by the Maryland Commissioner of Financial Regulation, as applicable to Mortgage Lenders, this is a Higher-Priced Mortgage. The loan's APR of (9.631%) equals or exceeds the Maryland Higher-Priced Mortgage threshold of (8.43%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.93%). (COMAR 09.03.06.02(B)(13); 12 CFR 1026.35(a)(1)(i)) - Due Diligence Vendor-04/09/2025 |  | Resolved-You submitted no impound amounts for property taxes on this HPML loan. Regulation Z prohibits a lender from making a first lien higher priced mortgage loan unless an escrow account is established before consummation for payment of property taxes and premiums for mortgage-related insurance. A creditor or servicer may not cancel the escrow account until the earlier of: (1) termination of the underlying debt obligation or (2) FIVE years after consummation if the unpaid principal balance is less than 80% of the original value of the property and the consumer is not delinquent or in default on the underlying debt obligation. (12 CFR 1026.35(b)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 395 and the Final Closing disclosure on Pg#'s 119 reflects escrows. Rate lock date was entered correctly – see Pg#'s 460 An interior and exterior appraisal was completed for this property – see pg 31 , the appraisal disclosure was provided to the borrower(s)- see Pg#'s 133 , and copy of the appraisal was given to the borrower – see Pg#'s 142 for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-04/09/2025 <br>Resolved-Under the Regulations adopted by the Maryland Commissioner of Financial Regulation, as applicable to Mortgage Lenders, this is a Higher-Priced Mortgage. The loan's APR of (9.631%) equals or exceeds the Maryland Higher-Priced Mortgage threshold of (8.43%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.93%). (COMAR 09.03.06.02(B)(13); 12 CFR 1026.35(a)(1)(i)) - Due Diligence Vendor-04/09/2025<br>|  |  |  | MD | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Requested 3rd Party VOE that is within the 10 Business days from closing provided hence resolved. - Due Diligence Vendor-04/16/2025 <br>Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-04/16/2025 <br>Ready for Review-Document Uploaded. VOE attached. - Buyer-04/15/2025 <br>Open-Borrower 1 3rd Party VOE Prior to Close Missing 3rd Party VOE is missing in the file provide 3rd Party VOE - Due Diligence Vendor-04/03/2025 |  | Resolved-Requested 3rd Party VOE that is within the 10 Business days from closing provided hence resolved. - Due Diligence Vendor-04/16/2025 <br>Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-04/16/2025<br>| VOE.pdf |  |  | KS | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap Credit Report Provided. - Due Diligence Vendor-04/09/2025 <br>Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-04/09/2025 <br>Ready for Review-Document Uploaded. Undisclosed debt monitoring ends 4/18/2025 - Buyer-04/08/2025 <br>Open-Borrower 1 Gap Credit Report is Missing Gap Credit Report is Missing in the file . Provide Gap Credit Report - Due Diligence Vendor-04/03/2025 |  | Resolved-Borrower 1 Gap Credit Report Provided. - Due Diligence Vendor-04/09/2025 <br>Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-04/09/2025<br>| xx_xx UDM.pdf |  |  | KS | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (9.788%) APR equals or exceeds the Federal HPML threshold of (8.12%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.62%).(12 CFR 1026.35(a)(1)(i)) TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg# 1165 and the Final Closing disclosure on Pg#670 reflects escrows. Rate lock date was entered correctly see Pg# 1247 An interior and exterior appraisal was completed for this property – see Page# 62 the appraisal disclosure was provided to the borrower(s)- see Pg# 61, and copy of the appraisal was given to the borrower see Pg# 1374 for delivery confirmation of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-04/03/2025 |  | Resolved-The loan's (9.788%) APR equals or exceeds the Federal HPML threshold of (8.12%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.62%).(12 CFR 1026.35(a)(1)(i)) TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg# 1165 and the Final Closing disclosure on Pg#670 reflects escrows. Rate lock date was entered correctly see Pg# 1247 An interior and exterior appraisal was completed for this property – see Page# 62 the appraisal disclosure was provided to the borrower(s)- see Pg# 61, and copy of the appraisal was given to the borrower see Pg# 1374 for delivery confirmation of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-04/03/2025<br>|  |  |  | KS | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-04/14/2025 <br>Ready for Review-Document Uploaded. - Seller-04/11/2025 <br>Counter-This SSR report is for the wrong Borrower and address. - Due Diligence Vendor-04/11/2025 <br>Ready for Review-Document Uploaded. - Seller-04/10/2025 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide the Fannie mae document, as provided Fannie mae address, borrower, amount not matching with our document, as per Guidelines we need Desk review or Fannie mae document for Second valuation. - Due Diligence Vendor-04/09/2025 | Ready for Review-Document Uploaded. - Seller-04/11/2025 <br>Ready for Review-Document Uploaded. - Seller-04/10/2025<br>| Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-04/14/2025<br>| XXXX |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 7 Does Not Meet Guideline Requirements | Resolved-Asset 7 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-04/11/2025 <br>Ready for Review-Document Uploaded. - Seller-04/10/2025 <br>Open-Asset 7 Does Not Meet Guideline Requirements Need Wire proof for EMD, as Deposit showing $27,450 amount reflecting in Final 1003, Final CD. - Due Diligence Vendor-04/09/2025 | Ready for Review-Document Uploaded. - Seller-04/10/2025<br>| Resolved-Asset 7 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-04/11/2025<br>| XXXX |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information B A | Credit | Doc Issue | Bankruptcy Statement is Missing | Resolved-Discharge Record uploaded. Resolved. - Due Diligence Vendor-04/11/2025 <br>Ready for Review-Document Uploaded. - Seller-04/10/2025 <br>Open-Provide Bankruptcy Discharged letter, as it is missing in file - Due Diligence Vendor-04/09/2025 | Ready for Review-Document Uploaded. - Seller-04/10/2025<br>| Resolved-Discharge Record uploaded. Resolved. - Due Diligence Vendor-04/11/2025<br>| XXXX |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | California - Higher Priced Mortgage Loan (First Lien 06/2013)(Conforming) | Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (9.347%) equals or exceeds the California HPML threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.65%).(Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 356, 312 and the Final Closing disclosure on Pg#'s 196, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 386, 380. An interior and exterior appraisal was completed for this property – see pg# 18, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 459, and confirmation the appraisal was delivered to the borrower – see Pg#'s 185, 245. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/09/2025 |  | Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (9.347%) equals or exceeds the California HPML threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.65%).(Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 356, 312 and the Final Closing disclosure on Pg#'s 196, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 386, 380. An interior and exterior appraisal was completed for this property – see pg# 18, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 459, and confirmation the appraisal was delivered to the borrower – see Pg#'s 185, 245. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/09/2025<br>|  |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (9.347%) APR equals or exceeds the Federal HPML threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.65%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 356, 312 and the Final Closing disclosure on Pg#'s 196, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 386, 380. An interior and exterior appraisal was completed for this property – see pg# 18, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 459, and confirmation the appraisal was delivered to the borrower – see Pg#'s 185, 245. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/09/2025 |  | Resolved-The loan's (9.347%) APR equals or exceeds the Federal HPML threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.65%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 356, 312 and the Final Closing disclosure on Pg#'s 196, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 386, 380. An interior and exterior appraisal was completed for this property – see pg# 18, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 459, and confirmation the appraisal was delivered to the borrower – see Pg#'s 185, 245. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/09/2025<br>|  |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Citizenship Identification Documentation Missing | Resolved-Resolved per client upload - Perm Resident card never expires Per HLS/ INS - Due Diligence Vendor-04/25/2025 <br> Resolved-Validation Resolved or Not Applicable - Due Diligence Vendor-04/25/2025 <br> Ready for Review-This version of the permanent resident alien cards is valid indefinitely and should be sufficient. Request sent to XXXX to review. - Seller-04/24/2025 <br> Counter-The attached Perm Resident Alien card is from 1988 and does not have a country name or Expiration Date. Requesting updated citizenship documents. - Due Diligence Vendor-04/24/2025 <br> Ready for Review-Document Uploaded. Client's Response: XXXX is a permanent resident. His green card is an older version which doesn't shows the country of origin. I search online I was able to obtain images of the different type of green card previously issued. - Seller-04/22/2025 <br> Counter-The attached card does not have a country of Origin name on it. The Final 1003 says Perm Resident Alien, the Initial 1003 shows US Citizen, and the letter attached states the borrower is not ITIN. Requesting clarification on borrowers Citizenship status. - Due Diligence Vendor-04/18/2025 <br> Ready for Review-Document Uploaded. - Seller-04/16/2025 <br> Open-Borrower 1 Non-US Citizen Identification Document Missing. Please provide acceptable documentation. Provide Non-us citizen identification, as it is missing in file. - Due Diligence Vendor-04/07/2025 | Ready for Review-This version of the permanent resident alien cards is valid indefinitely and should be sufficient. Request sent toXXXX to review. - Seller-04/24/2025 <br> Ready for Review-Document Uploaded. Client's Response: XXXXis a permanent resident. His green card is an older version which doesn't shows the country of origin. I search online I was able to obtain images of the different type of green card previously issued. - Seller-04/22/2025 <br> Ready for Review-Document Uploaded. - Seller-04/16/2025 | Resolved-Resolved per client upload - Perm Resident card never expires Per HLS/ INS - Due Diligence Vendor-04/25/2025 <br>Resolved-Validation Resolved or Not Applicable - Due Diligence Vendor-04/25/2025<br>| XXXX |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 4 Does Not Meet Guideline Requirements | Resolved-Cashier's check for Gift letter uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/11/2025 <br>Resolved-Asset 4 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-04/11/2025 <br>Ready for Review-Document Uploaded. The gift was provided in the form of a cashier's check. There was no wire. The cashiers check is all we would need to show for the donor transfer to the title co. - Seller-04/10/2025 <br>Open-Asset 4 Does Not Meet Guideline Requirements Provide the Wire proof document for Gift letter as Final CD reflecting Gift amount $28000. - Due Diligence Vendor-04/09/2025 | Ready for Review-Document Uploaded. The gift was provided in the form of a cashier's check. There was no wire. The cashiers check is all we would need to show for the donor transfer to the title co. - Seller-04/10/2025<br>| Resolved-Cashier's check for Gift letter uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/11/2025 <br>Resolved-Asset 4 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-04/11/2025<br>| XXXX |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-Updated 1008 Document uploaded, Verified & entered in system - Resolved - Due Diligence Vendor-04/11/2025 <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-04/11/2025 <br>Ready for Review-see attached - Seller-04/10/2025 <br>Open-The 1008 document is missing from the loan file. Provide updated 1008 document for borrower, as income is different from Final 1003, Loan approval DTI matching with Final 1003 income. - Due Diligence Vendor-04/07/2025 | Ready for Review-see attached - Seller-04/10/2025<br>| Resolved-Updated 1008 Document uploaded, Verified & entered in system - Resolved - Due Diligence Vendor-04/11/2025 <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-04/11/2025<br>| XXXX |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Maryland - Higher Priced Mortgage Loan (First Lien 06/2013)(Conforming) | Resolved-Under the Regulations adopted by the Maryland Commissioner of Financial Regulation, as applicable to Mortgage Lenders, this is a Higher-Priced Mortgage. The loan's APR of (8.883%) equals or exceeds the Maryland Higher-Priced Mortgage threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.73%). (COMAR 09.03.06.02(B)(13); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 566, 503 and the Final Closing disclosure on Pg#'s 398, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 593. An interior and exterior appraisal was completed for this property – see pg#64, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 598 / 636, and confirmation the appraisal was delivered to the borrower – see Pg#'s 62. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/07/2025 |  | Resolved-Under the Regulations adopted by the Maryland Commissioner of Financial Regulation, as applicable to Mortgage Lenders, this is a Higher-Priced Mortgage. The loan's APR of (8.883%) equals or exceeds the Maryland Higher-Priced Mortgage threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.73%). (COMAR 09.03.06.02(B)(13); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 566, 503 and the Final Closing disclosure on Pg#'s 398, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 593. An interior and exterior appraisal was completed for this property – see pg#64, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 598 / 636, and confirmation the appraisal was delivered to the borrower – see Pg#'s 62. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/07/2025<br>|  |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (8.883%) APR equals or exceeds the Federal HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 566, 503 and the Final Closing disclosure on Pg#'s 398, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 593. An interior and exterior appraisal was completed for this property – see pg#64, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 598 / 636, and confirmation the appraisal was delivered to the borrower – see Pg#'s 62. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/07/2025 |  | Resolved-The loan's (8.883%) APR equals or exceeds the Federal HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 566, 503 and the Final Closing disclosure on Pg#'s 398, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 593. An interior and exterior appraisal was completed for this property – see pg#64, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 598 / 636, and confirmation the appraisal was delivered to the borrower – see Pg#'s 62. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/07/2025<br>|  |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-The Initial 1003 is Present - Due Diligence Vendor-04/14/2025 <br>Ready for Review-Document Uploaded. - Seller-04/11/2025 <br>Counter-This 1003 is for a different borrower. - Due Diligence Vendor-04/11/2025 <br>Ready for Review-Document Uploaded. - Seller-04/10/2025 <br>Open-The Initial 1003 is Missing Loan Originator Signature is missing in the file - Due Diligence Vendor-04/08/2025 | Ready for Review-Document Uploaded. - Seller-04/11/2025 <br>Ready for Review-Document Uploaded. - Seller-04/10/2025<br>| Resolved-The Initial 1003 is Present - Due Diligence Vendor-04/14/2025<br>| XXXX |  |  | CT | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Lender Approval Form is Missing | Resolved-Lender Approval Form uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/11/2025 <br>Ready for Review-Document Uploaded. - Seller-04/10/2025 <br>Open-Lender Approval Form is Missing in the file . - Due Diligence Vendor-04/08/2025 | Ready for Review-Document Uploaded. - Seller-04/10/2025<br>| Resolved-Lender Approval Form uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/11/2025<br>| xx.pdf |  |  | CT | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-Updated 1008 Document uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/11/2025 <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-04/11/2025 <br>Ready for Review-Document Uploaded. - Seller-04/10/2025 <br>Open-The 1008 document is missing from the loan file. 1008 Document is Missing - Due Diligence Vendor-04/08/2025 | Ready for Review-Document Uploaded. - Seller-04/10/2025<br>| Resolved-Updated 1008 Document uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/11/2025 <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-04/11/2025<br>| 1008.pdf |  |  | CT | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Coverage Amount is less than Required Coverage Amount | Resolved-State Farm letter confirms our policy includes Option ID, which insures coverage to at least equal to 100% estimated replacement cost. - Due Diligence Vendor-04/16/2025 <br> Ready for Review-Document Uploaded. State Farm letter confirms our policy includes Option ID, which insures coverage to at least equal to 100% estimated replacement cost.<br>- Seller-04/15/2025 <br> Counter-Hazard Insurance Coverage Amount of $XXXX is less than Required Coverage Amount of $XXXX and Guaranteed Replacement Coverage indicator is 'No'. CV3 4/11/2025. Getting the RCE. - Due Diligence Vendor-04/15/2025 <br> Ready for Review-Please disregard the comment below. Getting the RCE - Seller-04/11/2025 <br> Ready for Review-As long as the insurance covers 80% we should be good. RCE not required. - Seller-04/11/2025 <br> Open-Hazard Insurance Coverage Amount of $XXXX is less than Required Coverage Amount of $XXXX and Guaranteed Replacement Coverage indicator is 'No' - Due Diligence Vendor-04/09/2025 | Ready for Review-Document Uploaded. State Farm letter confirms our policy includes Option ID, which insures coverage to at least equal to 100% estimated replacement cost.<br>- Seller-04/15/2025 <br>Ready for Review-Please disregard the comment below. Getting the RCE - Seller-04/11/2025 <br>Ready for Review-As long as the insurance covers 80% we should be good. RCE not required. - Seller-04/11/2025<br>| Resolved-State Farm letter confirms our policy includes Option ID, which insures coverage to at least equal to 100% estimated replacement cost. - Due Diligence Vendor-04/16/2025<br>| XXXX |  |  | MD | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Borrower | Borrower 1 Ethnicity Selection is Not Provided | Resolved-Provided 1003 shows Borrower 1 Ethnicity Selection check marked. - Due Diligence Vendor-04/14/2025 <br>Resolved-Borrower 1 Ethnicity Selection is Provided - Due Diligence Vendor-04/14/2025 <br>Ready for Review-Document Uploaded. - Seller-04/11/2025 <br>Open-Borrower 1 Ethnicity Selection is Not Provided Provide Ethnicity Selection for both the borrowers, as it is missing in Final and Initial 1003. - Due Diligence Vendor-04/09/2025 | Ready for Review-Document Uploaded. - Seller-04/11/2025<br>| Resolved-Provided 1003 shows Borrower 1 Ethnicity Selection check marked. - Due Diligence Vendor-04/14/2025 <br>Resolved-Borrower 1 Ethnicity Selection is Provided - Due Diligence Vendor-04/14/2025<br>| XXXX |  |  | CO | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (9.098%) APR equals or exceeds the Federal HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 317 and the Final Closing disclosure on Pg#'s 155, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 326. An interior and exterior appraisal was completed for this property – see pg# 30, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 410, and confirmation the appraisal was delivered to the borrower – see Pg#'s 28. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/09/2025 |  | Resolved-The loan's (9.098%) APR equals or exceeds the Federal HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 317 and the Final Closing disclosure on Pg#'s 155, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 326. An interior and exterior appraisal was completed for this property – see pg# 30, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 410, and confirmation the appraisal was delivered to the borrower – see Pg#'s 28. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/09/2025<br>|  |  |  | CO | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-Updated 1008 Document uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/15/2025 <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-04/15/2025 <br>Ready for Review-Document Uploaded. 1008 attached. - Buyer-04/14/2025 <br>Open-The 1008 document is missing from the loan file. The P&I was incorrectly reflected as $4,849.99 on the 1008 provided on p 1303. The Note reflects a P&I of $5219.45. This causes a discrepancy in the HTI & DTI. - Due Diligence Vendor-04/08/2025 |  | Resolved-Updated 1008 Document uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/15/2025 <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-04/15/2025<br>| 1008 - Transmittal Summary.pdf |  |  | TX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (10.796%) APR equals or exceeds the Federal HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.66%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)). Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on page 826 and the Final Closing disclosure on page 484 reflects escrows. Rate lock date was entered correctly – see page 908. An interior and exterior appraisal was completed for this property – see page 45-79, the appraisal disclosure was provided to the borrower(s)- see page 82 and copy of the appraisal was given to the borrower – see page 447. The loan meets HPML guidelines. Resolved. - Due Diligence Vendor-04/14/2025 |  | Resolved-The loan's (10.796%) APR equals or exceeds the Federal HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.66%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)). Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on page 826 and the Final Closing disclosure on page 484 reflects escrows. Rate lock date was entered correctly – see page 908. An interior and exterior appraisal was completed for this property – see page 45-79, the appraisal disclosure was provided to the borrower(s)- see page 82 and copy of the appraisal was given to the borrower – see page 447. The loan meets HPML guidelines. Resolved. - Due Diligence Vendor-04/14/2025<br>|  |  |  | TX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing income documentation | Resolved-updated income documentation provided along with explanation from client. Resolved - Due Diligence Vendor-04/17/2025 <br>Ready for Review-Document Uploaded. - Seller-04/16/2025 <br>Open-Provide Income documentation supporting the Final 1003 income $5,162.74. Qualifying the borrower with 12 months business bank statements (WF# 7401), Income as per Final 1003 for self employed is $5,162.74 but there is variance in Income as calculated below:<br> Income as per worksheet is Net Deposits = ($53,988 - 30% Expenses) \* 100% ownership = $37,791.6/ 12 = $3,149.30<br> Income calculated using CPA expense factor(10%) is Net Deposits = ($53,988 - 10% Expenses) \* 100% ownership = $48,589.2/ 12 = $4,049.1 - Due Diligence Vendor-04/12/2025 | Ready for Review-Document Uploaded. - Seller-04/16/2025<br>| Resolved-updated income documentation provided along with explanation from client. Resolved - Due Diligence Vendor-04/17/2025<br>| XXXX |  |  | NV | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Executed 4506-T Missing | Resolved-Borrower 1 Executed 4506-T uploaded, Verified & entered in system - Resolved - Due Diligence Vendor-04/15/2025 <br>Resolved-Borrower 1 Executed 4506-T Provided - Due Diligence Vendor-04/15/2025 <br>Ready for Review-Document Uploaded. - Seller-04/14/2025 <br>Open-Borrower 1 Executed 4506-T Missing Provide Borrower 1 Executed 4506-T which are missing from loan file which is required document for using Wage Income of borrower. - Due Diligence Vendor-04/11/2025 | Ready for Review-Document Uploaded. - Seller-04/14/2025<br>| Resolved-Borrower 1 Executed 4506-T uploaded, Verified & entered in system - Resolved - Due Diligence Vendor-04/15/2025 <br>Resolved-Borrower 1 Executed 4506-T Provided - Due Diligence Vendor-04/15/2025<br>| xx xx.pdf<br>xx TRANSCRIPTS.pdf |  |  | NV | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Lender Credits That Cannot Decrease Test (50001262) | Resolved-COC received, resolved - Due Diligence Vendor-04/22/2025 <br>Ready for Review-Document Uploaded. - Seller-04/18/2025 <br>Open-The baseline amount of non-specific (lump sum) lender credits and specific lender credits disclosed is ($7,650.00). The Last CD shows a total lender credit amount of ($7,245.00). The following fees "lender credits" have decreased below their baseline amounts (General Lender Credit). Non-specific lender credits are generalized payments that do not pay for a particular fee. Specific lender credits are specific payments to pay for a specific fee. The total amount of non-specific and specific lender credits cannot decrease unless a new disclosure is provided and there is a valid changed circumstance associated with the re-disclosure, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3)(i) and comments 19(e)(3)(i)-5 and -6; 12 CFR 1026.19(f)(2)(v); 12 CFR 1026.37(g)(6); 12 CFR 1026.38(h)). Lender credits decreased from Initial CD($7650) to Revised CD($7245) but COC for the same is not available. Provide COC for Revised CD on lender credit decrease. - Due Diligence Vendor-04/14/2025 | Ready for Review-Document Uploaded. - Seller-04/18/2025<br>| Resolved-COC received, resolved - Due Diligence Vendor-04/22/2025<br>| XXXX |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/22/2025 <br>Open-. - Due Diligence Vendor-04/22/2025 <br>Resolved-The loan's (9.48%) APR equals or exceeds the Federal HPML threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.65%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s481 and the Final Closing disclosure on Pg#'s225-230, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s223. An interior and exterior appraisal was completed for this property – see pg#23, the appraisal disclosure was provided to the borrower(s)- see Pg#'s568, and confirmation the appraisal was delivered to the borrower – see Pg#'s19-21. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-04/10/2025 |  | Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/22/2025 <br>Resolved-The loan's (9.48%) APR equals or exceeds the Federal HPML threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.65%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s481 and the Final Closing disclosure on Pg#'s225-230, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s223. An interior and exterior appraisal was completed for this property – see pg#23, the appraisal disclosure was provided to the borrower(s)- see Pg#'s568, and confirmation the appraisal was delivered to the borrower – see Pg#'s19-21. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-04/10/2025<br>|  |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | California - Higher Priced Mortgage Loan (First Lien 06/2013)(Conforming) | Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/22/2025 <br>Open-. - Due Diligence Vendor-04/22/2025 <br>Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (9.48%) equals or exceeds the California HPML threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.65%).(Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s481 and the Final Closing disclosure on Pg#'s225-230, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s223. An interior and exterior appraisal was completed for this property – see pg#23, the appraisal disclosure was provided to the borrower(s)- see Pg#'s568, and confirmation the appraisal was delivered to the borrower – see Pg#'s19-21. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-04/10/2025 |  | Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/22/2025 <br>Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (9.48%) equals or exceeds the California HPML threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.65%).(Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s481 and the Final Closing disclosure on Pg#'s225-230, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s223. An interior and exterior appraisal was completed for this property – see pg#23, the appraisal disclosure was provided to the borrower(s)- see Pg#'s568, and confirmation the appraisal was delivered to the borrower – see Pg#'s19-21. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-04/10/2025<br>|  |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-04/28/2025 <br>Ready for Review-Document Uploaded. We provided this in the other condition-please clear this - Seller-04/25/2025 <br>Counter-Missing initial CD. - Due Diligence Vendor-04/25/2025 <br>Ready for Review-Document Uploaded. - Buyer-04/24/2025 <br>Open-TRID: Missing Final Closing Disclosure Missing initial and Final Closing Disclosure - Due Diligence Vendor-04/14/2025 | Ready for Review-Document Uploaded. We provided this in the other condition-please clear this - Seller-04/25/2025<br>| Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-04/28/2025<br>| X FINAL CD.pdf<br>X CD.pdf |  |  | OH | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Hazard Insurance Effective Date of 04-10-2025 is prior to or equal to the Note Date of XXXXprovided. - Due Diligence Vendor-04/25/2025 <br> Resolved-Hazard Insurance Effective Date of 04-10-2025 is prior to or equal to the Note Date of XXXX Or Hazard Insurance Effective Date Is Not Provided - Due Diligence Vendor-04/25/2025 <br> Ready for Review-Document Uploaded. - Buyer-04/24/2025 <br> Open-Hazard Insurance Effective Date of 04-14-2025 is after the Note Date of XXXX Final CD is not on file. Unable to determine if disbursement date of loan is after hazard insurance effective date. - Due Diligence Vendor-04/14/2025 |  | Resolved-Hazard Insurance Effective Date of XXXX is prior to or equal to the Note Date of XXXXprovided. - Due Diligence Vendor-04/25/2025 <br> Resolved-Hazard Insurance Effective Date ofXXXXis prior to or equal to the Note Date of XXXX Or Hazard Insurance Effective Date Is Not Provided - Due Diligence Vendor-04/25/2025 | X CD.pdf<br>P EOI Updated.pdf |  |  | OH | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-04/25/2025 <br>Ready for Review-Document Uploaded. - Buyer-04/24/2025 <br>Open-Borrower 1 3rd Party VOE Prior to Close Missing Missing 3rd Party VOE Prior to Close for B1 - Due Diligence Vendor-04/14/2025 |  | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-04/25/2025<br>| I VVOE.pdf |  |  | OH | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (8.34%) APR equals or exceeds the Federal HPML threshold of (8.12%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.62%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 399 and the Final Closing disclosure on Pg#'s \* see Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 480. An interior and exterior appraisal was completed for this property – see pg 19, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 539, and copy of the appraisal was given to the borrower – see Pg#'s 340 for delivery confirmation of the appraisal. The loan meets HPML guidelines, resolved. <br>- Due Diligence Vendor-04/28/2025 |  | Resolved-The loan's (8.34%) APR equals or exceeds the Federal HPML threshold of (8.12%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.62%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 399 and the Final Closing disclosure on Pg#'s \* see Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 480. An interior and exterior appraisal was completed for this property – see pg 19, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 539, and copy of the appraisal was given to the borrower – see Pg#'s 340 for delivery confirmation of the appraisal. The loan meets HPML guidelines, resolved. <br>- Due Diligence Vendor-04/28/2025<br>|  |  |  | OH | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | Mavent | HigherPriced: APR | Resolved-You submitted no impound amounts for property taxes on this HPML loan. Regulation Z prohibits a lender from making a first lien higher priced mortgage loan unless an escrow account is established before consummation for payment of property taxes and premiums for mortgage-related insurance. A creditor or servicer may not cancel the escrow account until the earlier of: (1) termination of the underlying debt obligation or (2) FIVE years after consummation if the unpaid principal balance is less than 80% of the original value of the property and the consumer is not delinquent or in default on the underlying debt obligation. (12 CFR 1026.35(b)) - Due Diligence Vendor-04/28/2025 |  | Resolved-You submitted no impound amounts for property taxes on this HPML loan. Regulation Z prohibits a lender from making a first lien higher priced mortgage loan unless an escrow account is established before consummation for payment of property taxes and premiums for mortgage-related insurance. A creditor or servicer may not cancel the escrow account until the earlier of: (1) termination of the underlying debt obligation or (2) FIVE years after consummation if the unpaid principal balance is less than 80% of the original value of the property and the consumer is not delinquent or in default on the underlying debt obligation. (12 CFR 1026.35(b)) - Due Diligence Vendor-04/28/2025<br>|  |  |  | OH | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Rescission:Disbursement | Federal - Right of Rescission (Loan Disbursement Violation) (TILA) | Resolved-Finding cleared with Mavent run - Due Diligence Vendor-04/23/2025 <br>Ready for Review-Document Uploaded. - Seller-04/21/2025 <br>Open-The loan disbursement date (2025-04-07) is earlier than, or the same day as, the calculated "Right to Cancel Expire Date" (2025-04-07). Under Regulation Z, funds may not be disbursed to the borrower until after the expiration of the rescission period. (Reg Z, 12 CFR 1026.23(c) and Official Staff Commentary) The right to cancel date 04/07/2025 is same day as loan disbursement date 04/07/2025. - Due Diligence Vendor-04/15/2025 | Ready for Review-Document Uploaded. - Seller-04/21/2025<br>| Resolved-Finding cleared with Mavent run - Due Diligence Vendor-04/23/2025<br>| xx xx PCCD.pdf |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Ready for Review-Document Uploaded. - Seller-04/21/2025 <br>Open-The Required reserves on guideline matrix are 6 months for >80% LTV, whereas audited reserves are 3.25 months, which is not sufficient, hence required additional assets to cover required reserves.<br> - Due Diligence Vendor-04/15/2025 | Ready for Review-Document Uploaded. - Seller-04/21/2025<br>|  | XXXX |  | Comp Factor #1: Residual income > $8500. Exceeds the requirement for residual income by > $,5000<br> Comp Factor #2: Reducing monthly PI. Payment shock is listed as 0% indicating a lower payment. DTi lowered with transaction | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Post-Close | Yes |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information B A | Compliance | Missing Doc | Missing Loan program disclosure | Resolved-Finding resolved with provided exception. No need for updated Approval as exception details Reserves required - Due Diligence Vendor-04/23/2025 <br>Ready for Review-Document Uploaded. - Seller-04/21/2025 <br>Open-Required reserves on Loan program information pg#367 is 3 months, whereas the Required reserves on guideline matrix are 6 months for >80% LTV, which is resulting No in guideline review tab, hence considered 6 months reserves and asked for additional asset documentation. - Due Diligence Vendor-04/15/2025 | Ready for Review-Document Uploaded. - Seller-04/21/2025<br>| Resolved-Finding resolved with provided exception. No need for updated Approval as exception details Reserves required - Due Diligence Vendor-04/23/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | California - Higher Priced Mortgage Loan (First Lien 06/2013)(Conforming) | Resolved-Reopened with Mavent run. Resolved - Due Diligence Vendor-04/23/2025 <br>Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (9.195%) equals or exceeds the California HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.66%).(Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 346 and the Final Closing disclosure on Pg#'s 229, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 227. An interior and exterior appraisal was completed for this property – see pg#18, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 454, and confirmation the appraisal was delivered to the borrower – see Pg#'s 251-254, 317, 318. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/15/2025 |  | Resolved-Reopened with Mavent run. Resolved - Due Diligence Vendor-04/23/2025 <br>Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (9.195%) equals or exceeds the California HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.66%).(Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 346 and the Final Closing disclosure on Pg#'s 229, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 227. An interior and exterior appraisal was completed for this property – see pg#18, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 454, and confirmation the appraisal was delivered to the borrower – see Pg#'s 251-254, 317, 318. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/15/2025<br>|  |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-Reopened with Mavent run. Resolved - Due Diligence Vendor-04/23/2025 <br>Resolved-The loan's (9.195%) APR equals or exceeds the Federal HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.66%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 346 and the Final Closing disclosure on Pg#'s 229, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 227. An interior and exterior appraisal was completed for this property – see pg#18, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 454, and confirmation the appraisal was delivered to the borrower – see Pg#'s 251-254, 317, 318. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/15/2025 |  | Resolved-Reopened with Mavent run. Resolved - Due Diligence Vendor-04/23/2025 <br>Resolved-The loan's (9.195%) APR equals or exceeds the Federal HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.66%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 346 and the Final Closing disclosure on Pg#'s 229, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 227. An interior and exterior appraisal was completed for this property – see pg#18, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 454, and confirmation the appraisal was delivered to the borrower – see Pg#'s 251-254, 317, 318. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/15/2025<br>|  |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/18/2025 <br>Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-04/18/2025 <br>Ready for Review-Document Uploaded. Hi, please see attached. - Seller-04/17/2025 <br>Open-Missing Third Party Fraud Report Fraud Report (Sam.gov & HUD LDP) is missing from the file. - Due Diligence Vendor-04/15/2025 | Ready for Review-Document Uploaded. Hi, please see attached. - Seller-04/17/2025<br>| Resolved-Third Party Fraud Report uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/18/2025 <br>Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-04/18/2025<br>| XXXX |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap Credit Report uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/21/2025 <br>Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-04/21/2025 <br>Ready for Review-Document Uploaded. attached - Buyer-04/18/2025 <br>Open-Borrower 1 Gap Credit Report is Missing Gap Credit Report is Missing in file. - Due Diligence Vendor-04/15/2025 |  | Resolved-Borrower 1 Gap Credit Report uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/21/2025 <br>Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-04/21/2025<br>| Credit - Soft Pull.pdf |  |  | FL | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-04/30/2025 <br>Resolved-Documents received, Binder in place at closing. - Due Diligence Vendor-04/30/2025 <br>Ready for Review-Document Uploaded. attached - Buyer-04/29/2025 <br>Counter-Thank you for the upload. Hazard insurance was not in effect at closing. - Due Diligence Vendor-04/23/2025 <br>Ready for Review-Document Uploaded. see attached. - Buyer-04/22/2025 <br>Open-Hazard Insurance Policy Partially Provided Binder is present but does not reflect policy number - Due Diligence Vendor-04/21/2025 |  | Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-04/30/2025 <br>Resolved-Documents received, Binder in place at closing. - Due Diligence Vendor-04/30/2025<br>| xx- Declaration pg.pdf<br>xx-Updated Binder.pdf |  |  | TX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information B A | Compliance | Missing Doc | Missing Initial Escrow Disclosure | Resolved-IEADS document received, data updated. - Due Diligence Vendor-04/23/2025 <br>Ready for Review-Document Uploaded. attached - Buyer-04/22/2025 <br>Open-Missing Initial Escrow Account Disclosure In File <br> Provide Updated Document - Due Diligence Vendor-04/16/2025 |  | Resolved-IEADS document received, data updated. - Due Diligence Vendor-04/23/2025<br>| XXXX |  |  | TX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Audited LTV of 85% is less than or equal to Guideline LTV of 85% - Due Diligence Vendor-05/06/2025 <br>Resolved-Audited LTV of 85% is less than or equal to Guideline LTV of 85%. Loan program changed to A+. - Due Diligence Vendor-05/06/2025 <br>Ready for Review-Document Uploaded. - Seller-05/05/2025 <br>Counter-Do not see screenshot. Please upload the updated approval. - Due Diligence Vendor-05/01/2025 <br>Ready for Review-loan program changed to A+ grade to support LTV and ITIN. See screen shot. - Seller-04/30/2025 <br>Open-Audited LTV of 85% exceeds Guideline LTV of 80% as per loan program page 440 credit grade and program is xx standard select, and Fico score is 680 as per G/L matrix dated 02/14/2025 Max LTV for Select NQM fico 680 is 80% whereas as per 1008 page 680 LTV is 85% <br> Loan program checked ITIN but as per Select NQM program G/L matrix dated 02/14/2025 reflect ITIN not allowed. - Due Diligence Vendor-04/18/2025 | Ready for Review-Document Uploaded. - Seller-05/05/2025 <br>Ready for Review-loan program changed to A+ grade to support LTV and ITIN. See screen shot. - Seller-04/30/2025<br>| Resolved-Audited LTV of 85% is less than or equal to Guideline LTV of 85% - Due Diligence Vendor-05/06/2025 <br>Resolved-Audited LTV of 85% is less than or equal to Guideline LTV of 85%. Loan program changed to A+. - Due Diligence Vendor-05/06/2025<br>| XXXX |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | California - Higher Priced Mortgage Loan (First Lien 06/2013)(Conforming) | Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (9.261%) equals or exceeds the California HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.66%).(Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #366,440 and the Final Closing disclosure on Pg #181, Finding reflects escrows. Rate lock date was entered correctly – see Pg #377. An interior and exterior appraisal was completed for this property – see Pg #32,71, the appraisal disclosure was provided to the borrower Pg #463 and confirmation the appraisal was delivered to the borrower – see Pg #65-68.<br> The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/18/2025 |  | Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (9.261%) equals or exceeds the California HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.66%).(Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #366,440 and the Final Closing disclosure on Pg #181, Finding reflects escrows. Rate lock date was entered correctly – see Pg #377. An interior and exterior appraisal was completed for this property – see Pg #32,71, the appraisal disclosure was provided to the borrower Pg #463 and confirmation the appraisal was delivered to the borrower – see Pg #65-68.<br> The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/18/2025<br>|  |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (9.261%) APR equals or exceeds the Federal HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.66%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #366,440 and the Final Closing disclosure on Pg #181, Finding reflects escrows. Rate lock date was entered correctly – see Pg #377. An interior and exterior appraisal was completed for this property – see Pg #32,71, the appraisal disclosure was provided to the borrower Pg #463 and confirmation the appraisal was delivered to the borrower – see Pg #65-68.<br> The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/18/2025 |  | Resolved-The loan's (9.261%) APR equals or exceeds the Federal HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.66%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #366,440 and the Final Closing disclosure on Pg #181, Finding reflects escrows. Rate lock date was entered correctly – see Pg #377. An interior and exterior appraisal was completed for this property – see Pg #32,71, the appraisal disclosure was provided to the borrower Pg #463 and confirmation the appraisal was delivered to the borrower – see Pg #65-68.<br> The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/18/2025<br>|  |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Loan Eligibility | Resolved-Findings PCCD 5/7/2025 Borrower own funds 5%/$37,500. Findings Bill of Sale ring, appraisal ring, borrower receipt of proceeds from sale $7,500. - Due Diligence Vendor-05/07/2025 <br> Ready for Review-Please provide your 5% calculation.<br> 5% of $750,000 = $37,500. The EMD of $30,000 and the Ring is sold is $7,500 ($30,000 + $7,500 = $37,500). This is 5%. - Seller-05/05/2025 <br> Counter-Borrower/Co-Borrower 1003 does not show prior property ownership reported, Letter from Owner prior residences Borrowers resided rent free. Loan not meeting Eligibility. Borrower 5% down payment own resources not met. - Due Diligence Vendor-05/02/2025 <br> Ready for Review-Hi, 5% minimum contribution was met with $30K EMD + $7500 wired to title for sold property =$37500. Sales Price $750,000 \*5% = $37500 - Seller-04/30/2025 <br> Open-Loan not meeting Eligibility. Sales Price $750,000 Loan Amount $675,000, Maximum Allowable LTV 90%. Gift Funds from Co-Borrower relatives $112,900, 100% down payment Gift Funds without 10% LTV reduction. Borrower 5% down payment own resources not met. - Due Diligence Vendor-04/23/2025 | Ready for Review-Please provide your 5% calculation.<br> XXXX. The EMD of $XXXXand the Ring is sold is XXXX). This is 5%. - Seller-05/05/2025 <br> Ready for Review-Hi, 5% minimum contribution was met with $XXXX EMD + $XXXX wired to title for sold property =$XXXX. Sales Price $XXXX- Seller-04/30/2025 | Resolved-Findings PCCD 5/7/2025 Borrower own funds XXXX. Findings Bill of Sale ring, appraisal ring, borrower receipt of proceeds from sale $7,500. - Due Diligence Vendor-05/07/2025 |  |  |  | NJ | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Missing | Resolved-Bill of Sale for ring, appraisal of ring, borrower receipt of proceeds. Resolved. - Due Diligence Vendor-05/07/2025 <br>Ready for Review-Document Uploaded. - Seller-05/05/2025 <br>Counter-Pages 2-4 illegible. - Due Diligence Vendor-05/02/2025 <br>Ready for Review-Document Uploaded. Hi, the borrower sold a ring. Appraisal for ring, bill of sale & wire transfer receipt are on pages 136 - 139 of our package. As noted in bill of sale borrower requested funds wired to escrow vs to their bank account. Funds were used for closing costs. - Seller-04/30/2025 <br>Open-The Final 1003 is Missing Co-Borrower 1003 Assets Section shows "proceeds from sale of non real estate asset $7,500". Requesting clarification if funds used towards required to close or reserves, missing documentation. - Due Diligence Vendor-04/23/2025 | Ready for Review-Document Uploaded. - Seller-05/05/2025 <br>Ready for Review-Document Uploaded. Hi, the borrower sold a ring. Appraisal for ring, bill of sale & wire transfer receipt are on pages 136 - 139 of our package. As noted in bill of sale borrower requested funds wired to escrow vs to their bank account. Funds were used for closing costs. - Seller-04/30/2025<br>| Resolved-Bill of Sale for ring, appraisal of ring, borrower receipt of proceeds. Resolved. - Due Diligence Vendor-05/07/2025<br>| XXXX |  |  | NJ | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 Citizenship Identification Documentation Missing | Resolved-Co-Borrower Final 1003 Permanent Resident alien however Work Authorization only, Temporary I-551 for 1 year till court date to obtain Permanent Resident Alien/Green Card. Standard Drivers License and Un-expired Passport. Resolved as Non Permanent Resident Alien. - Due Diligence Vendor-05/07/2025 <br> Ready for Review-Document Uploaded. - Seller-05/05/2025 <br> Counter-Please upload Legible documentation. - Due Diligence Vendor-05/02/2025 <br> Ready for Review-Document Uploaded. Hi, the borrower provided a stamped passport with confirmation of expiration date xx from Dept of homeland security. This is acceptable in lieu of I-551 or permanent resident card while those are in process. The borrowers foreign passport with stamp, which is called an 1-551 stamp & shown as such on the passport, along with a document printed from USCIS is uploaded to support this is sufficient documentation. <br>- Seller-04/30/2025 <br> Counter-Requesting upload legible copy I-551 or I-151 Green Card/Permanent Resident Card for XXXX. - Due Diligence Vendor-04/29/2025 <br> Ready for Review-Document Uploaded. Hi, B2 IDs are on pages 16 - 23. The I-551 Permanent Resident Stamp is there. - Seller-04/25/2025 <br> Open-Borrower 2 Non-US Citizen Identification Document Missing. Please provide acceptable documentation. B2 is Permanent resident alien, in file provided with DL and passport of B2 but missing Permanent Resident card. - Due Diligence Vendor-04/18/2025 | Ready for Review-Document Uploaded. - Seller-05/05/2025 <br>Ready for Review-Document Uploaded. Hi, the borrower provided a stamped passport with confirmation of expiration date xx from Dept of homeland security. This is acceptable in lieu of I-551 or permanent resident card while those are in process. The borrowers foreign passport with stamp, which is called an 1-551 stamp & shown as such on the passport, along with a document printed from USCIS is uploaded to support this is sufficient documentation. <br>- Seller-04/30/2025 <br>Ready for Review-Document Uploaded. Hi, B2 IDs are on pages 16 - 23. The I-551 Permanent Resident Stamp is there. - Seller-04/25/2025<br>| Resolved-Co-Borrower Final 1003 Permanent Resident alien however Work Authorization only, Temporary I-551 for 1 year till court date to obtain Permanent Resident Alien/Green Card. Standard Drivers License and Un-expired Passport. Resolved as Non Permanent Resident Alien. - Due Diligence Vendor-05/07/2025<br>| XXXX |  |  | NJ | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Unable to verify all credit obligations (ATR) | Resolved-Uploaded statements attached, page numbers provided are Chase statement pages. - Due Diligence Vendor-05/02/2025 <br> Ready for Review-Document Uploaded. Hi, the XXXX $562.72 is on page 195 and the XXXX $79.44 is on page 201 of our package. - Seller-04/30/2025 <br> Open-Final CD payoffs for XXXX $562.72 and XXXX $79.44 less than provided account statements and credit report balances. Requesting account statements reflecting payoff balances or 1008 reflecting monthly payments in DTI. - Due Diligence Vendor-04/23/2025 | Ready for Review-Document Uploaded. Hi, the XXXX $562.72 is on page 195 and the XXXX $79.44 is on page 201 of our package. - Seller-04/30/2025 | Resolved-Uploaded statements attached, page numbers provided are Chase statement pages. - Due Diligence Vendor-05/02/2025<br>| XXXX |  |  | NJ | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Fees:Limited | New Jersey - Recording Service Fee (MLFOP)(First Lien) | Resolved-Line 11 Title Search Fee's, resolved. - Due Diligence Vendor-04/29/2025 <br> Ready for Review-Please advise where you are seeing the $140 Recording Service Fee. The only Recording Service Fee is $15. Also that is a Title Charge. Please advise where you are getting that Title Can't Charge such fee. - Seller-04/25/2025 <br> Open-You charged a ($140.00) Recording Service Fee. The New Jersey Residential Mortgage Loans, Fees, Obligations Provisions limit the amount of the additional service fee for recording a cancellation of a mortgage to $25. (N.J.A.C. 3:1-16.2(a)(9)) Recording Service Fee entered as per trid documents. XXXX run is not allowing Recording Service Fee stating NJ state Regulation does not allow. - Due Diligence Vendor-04/18/2025 | Ready for Review-Please advise where you are seeing the $140 Recording Service Fee. The only Recording Service Fee is $15. Also that is a Title Charge. Please advise where you are getting that Title Can't Charge such fee. - Seller-04/25/2025<br>| Resolved-Line 11 Title Search Fee's, resolved. - Due Diligence Vendor-04/29/2025<br>|  |  |  | NJ | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing Change of Circumstance | Resolved-COC 3/18/2025, resolved. - Due Diligence Vendor-04/29/2025 <br>Ready for Review-Document Uploaded. It's on page 302 - 303 of our package. - Seller-04/25/2025 <br>Open-LE 3/18/2025 Rate Lock, Points not previously disclosed. Missing Change of Circumstance disclosure. - Due Diligence Vendor-04/23/2025 | Ready for Review-Document Uploaded. It's on page 302 - 303 of our package. - Seller-04/25/2025<br>| Resolved-COC 3/18/2025, resolved. - Due Diligence Vendor-04/29/2025<br>| XXXX |  |  | NJ | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Mavent | License: Loan Originator | Resolved-Loan Originator NMLS 2064288 XXXXworks for XXXX shown on Initial and Final 1003,XXXX shown on Note and Deed of Trust. All NMLS approved with no past/present issue, resolved. - Due Diligence Vendor-04/29/2025 <br> Ready for Review-Document Uploaded. - Seller-04/25/2025 <br> Open-A relationship between XXXX and the companyXXXX as of 2025-04-15. However, other relationship(s) were found in theXXXXs for this individual and may be found in the XXXX Info section.XXXXand the companyXXXX verified through XXXX with active status in NJ state. XXXX not renewed through 2025 as per NMLS verification company renewed through 2024. - Due Diligence Vendor-04/18/2025 | Ready for Review-Document Uploaded. - Seller-04/25/2025<br>| Resolved-Loan Originator XXXX shown on Initial and Final 1003, XXXX shown on Note and Deed of Trust. All NMLS approved with no past/present issue, resolved. - Due Diligence Vendor-04/29/2025 | XXXX |  |  | NJ | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (8.909%) APR equals or exceeds the Federal HPML threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.65%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met.<br> TRID Header Disclosure Page was entered correctly <br> All disclosures, COC's, Fees, and dates are entered correctly. <br> Rate lock date was entered correctly. <br> Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s521, 584<br> Final Closing disclosure on Pg#'291<br> Rate lock doc on pg-284.<br> An interior and exterior appraisal was completed for this property on pg-35. <br> A copy of the appraisal was given to the borrower on pgs-640.<br> confirmation the appraisal was delivered to the borrower – see Pg#'s 33, 34.<br> The loan meets HPML Guidelines, resolved.<br> - Due Diligence Vendor-04/18/2025 |  | Resolved-The loan's (8.909%) APR equals or exceeds the Federal HPML threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.65%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met.<br> TRID Header Disclosure Page was entered correctly <br> All disclosures, COC's, Fees, and dates are entered correctly. <br> Rate lock date was entered correctly. <br> Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s521, 584<br> Final Closing disclosure on Pg#'291<br> Rate lock doc on pg-284.<br> An interior and exterior appraisal was completed for this property on pg-35. <br> A copy of the appraisal was given to the borrower on pgs-640.<br> confirmation the appraisal was delivered to the borrower – see Pg#'s 33, 34.<br> The loan meets HPML Guidelines, resolved.<br> - Due Diligence Vendor-04/18/2025 |  |  |  | NJ | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Missing | Resolved-The Final 1003 is Present - Due Diligence Vendor-04/28/2025 <br>Resolved-Clarification from client recived. Resolved - Due Diligence Vendor-04/28/2025 <br>Ready for Review-The 1003 should not be Updated if the gift was sent to escrow way before closing and funds was added same was Like EMD <br> Reflected as credit on 1003.<br> - Seller-04/24/2025 <br>Open-The Final 1003 is Missing In the provided final 1003, the gifts or grants you have been given or will receive for this loan reflect a cash gift, but the cash or market value remains blank. Provide an updated final 1003.<br> - Due Diligence Vendor-04/22/2025 | Ready for Review-The 1003 should not be Updated if the gift was sent to escrow way before closing and funds was added same was Like EMD <br> Reflected as credit on 1003.<br> - Seller-04/24/2025<br>| Resolved-The Final 1003 is Present - Due Diligence Vendor-04/28/2025 <br>Resolved-Clarification from client recived. Resolved - Due Diligence Vendor-04/28/2025<br>|  |  |  | NV | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 W2/1099 Missing | Resolved-Borrower is ITIN, Income is qualified with WVOE, Verified - Resolved - Due Diligence Vendor-04/25/2025 <br>Resolved-Borrower 1 W2/1099 Provided - Due Diligence Vendor-04/25/2025 <br>Ready for Review-ITIN borrower. Guide 4.4.4 ITIN REQUIREMENT<br> • Paystubs or W-2s should not be submitted unless they show the ITIN; a written VOE may be used instead <br> - Seller-04/24/2025 <br>Ready for Review-tax return and transcripts in file. - Seller-04/24/2025 <br>Open-Borrower 1 W2/1099 Missing As per G/L, Provide W-2 forms covering the most recent two-year period - Due Diligence Vendor-04/21/2025 | Ready for Review-ITIN borrower. Guide 4.4.4 ITIN REQUIREMENT<br> • Paystubs or W-2s should not be submitted unless they show the ITIN; a written VOE may be used instead <br> - Seller-04/24/2025 <br>Ready for Review-tax return and transcripts in file. - Seller-04/24/2025<br>| Resolved-Borrower is ITIN, Income is qualified with WVOE, Verified - Resolved - Due Diligence Vendor-04/25/2025 <br>Resolved-Borrower 1 W2/1099 Provided - Due Diligence Vendor-04/25/2025<br>|  |  |  | NV | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Paystubs Missing | Resolved-Borrower is ITIN, Income is qualified with WVOE, Verified - Resolved - Due Diligence Vendor-04/25/2025 <br>Resolved-Borrower 1 Paystubs Provided - Due Diligence Vendor-04/25/2025 <br>Ready for Review-ITIN borrower. Guide 4.4.4 ITIN REQUIREMENT<br> • Paystubs or W-2s should not be submitted unless they show the ITIN; a written VOE may be used instead <br> - Seller-04/24/2025 <br>Ready for Review-No pay stubs needed, tax returns and transcripts in file. - Seller-04/24/2025 <br>Open-Borrower 1 Paystubs Missing As per G/L, Provide borrower's recent paystub reflecting 30 days of pay and YTD earnings - Due Diligence Vendor-04/21/2025 | Ready for Review-ITIN borrower. Guide 4.4.4 ITIN REQUIREMENT<br> • Paystubs or W-2s should not be submitted unless they show the ITIN; a written VOE may be used instead <br> - Seller-04/24/2025 <br>Ready for Review-No pay stubs needed, tax returns and transcripts in file. - Seller-04/24/2025<br>| Resolved-Borrower is ITIN, Income is qualified with WVOE, Verified - Resolved - Due Diligence Vendor-04/25/2025 <br>Resolved-Borrower 1 Paystubs Provided - Due Diligence Vendor-04/25/2025<br>|  |  |  | NV | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (8.46%) APR equals or exceeds the Federal HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.66%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#272 and the Final Closing disclosure on Pg#95, Finding reflects escrows. Rate lock date was entered correctly – see Pg#281. An interior and exterior appraisal was completed for this property – see pg #33, the appraisal disclosure is provided on Page #313, and confirmation the appraisal was delivered to the borrower – see Pg#28-29. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/21/2025 |  | Resolved-The loan's (8.46%) APR equals or exceeds the Federal HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.66%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#272 and the Final Closing disclosure on Pg#95, Finding reflects escrows. Rate lock date was entered correctly – see Pg#281. An interior and exterior appraisal was completed for this property – see pg #33, the appraisal disclosure is provided on Page #313, and confirmation the appraisal was delivered to the borrower – see Pg#28-29. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-04/21/2025<br>|  |  |  | NV | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Business Bank Statements Missing | Resolved-Borrower 1 Business Bank Statements Provided - Due Diligence Vendor-05/06/2025 <br>Ready for Review-Document Uploaded. Updated income calc uploaded with correct bank statement acct#'s for income used. - Seller-05/05/2025 <br>Open-Borrower 1 Business Bank Statements Missing Income calculation worksheet pg#519 shows income considered using xx but related bank statements not provided. Provide 12 months bank statements for xx. (The deposits and balance reflecting in Income calculation worksheet under xx are related to xx account, need correction in lender worksheet) - Due Diligence Vendor-04/25/2025 | Ready for Review-Document Uploaded. Updated income calc uploaded with correct bank statement acct#'s for income used. - Seller-05/05/2025<br>| Resolved-Borrower 1 Business Bank Statements Provided - Due Diligence Vendor-05/06/2025<br>| income calc xx.pdf |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-05/07/2025 <br>Open-. - Due Diligence Vendor-05/07/2025 <br>Resolved-The loan's (9.383%) APR equals or exceeds the Federal HPML threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.7%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s478 and the Final Closing disclosure on Pg#'s295-300, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s291, 489-491. An interior and exterior appraisal was completed for this property – see pg#26, the appraisal disclosure was provided to the borrower(s)- see Pg#'s538, and confirmation the appraisal was delivered to the borrower – see Pg#'s369. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-04/23/2025 |  | Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-05/07/2025 <br>Resolved-The loan's (9.383%) APR equals or exceeds the Federal HPML threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.7%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s478 and the Final Closing disclosure on Pg#'s295-300, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s291, 489-491. An interior and exterior appraisal was completed for this property – see pg#26, the appraisal disclosure was provided to the borrower(s)- see Pg#'s538, and confirmation the appraisal was delivered to the borrower – see Pg#'s369. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-04/23/2025<br>|  |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Maryland - Higher Priced Mortgage Loan (First Lien 06/2013)(Conforming) | Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-05/07/2025 <br>Open-. - Due Diligence Vendor-05/07/2025 <br>Resolved-Under the Regulations adopted by the Maryland Commissioner of Financial Regulation, as applicable to Mortgage Lenders, this is a Higher-Priced Mortgage. The loan's APR of (9.383%) equals or exceeds the Maryland Higher-Priced Mortgage threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.7%). (COMAR 09.03.06.02(B)(13); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s478 and the Final Closing disclosure on Pg#'s295-300, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s291, 489-491. An interior and exterior appraisal was completed for this property – see pg#26, the appraisal disclosure was provided to the borrower(s)- see Pg#'s538, and confirmation the appraisal was delivered to the borrower – see Pg#'s369. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-04/23/2025 |  | Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-05/07/2025 <br>Resolved-Under the Regulations adopted by the Maryland Commissioner of Financial Regulation, as applicable to Mortgage Lenders, this is a Higher-Priced Mortgage. The loan's APR of (9.383%) equals or exceeds the Maryland Higher-Priced Mortgage threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.7%). (COMAR 09.03.06.02(B)(13); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s478 and the Final Closing disclosure on Pg#'s295-300, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s291, 489-491. An interior and exterior appraisal was completed for this property – see pg#26, the appraisal disclosure was provided to the borrower(s)- see Pg#'s538, and confirmation the appraisal was delivered to the borrower – see Pg#'s369. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-04/23/2025<br>|  |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-received the Initial CD - Due Diligence Vendor-05/05/2025 <br>Ready for Review-Document Uploaded. - Seller-05/05/2025 <br>Open-TRID: Missing Closing Disclosure Missing Initial Closing Disclosure which is required to run mavent, Provide the same. - Due Diligence Vendor-04/29/2025 | Ready for Review-Document Uploaded. - Seller-05/05/2025<br>| Resolved-received the Initial CD - Due Diligence Vendor-05/05/2025<br>| XXXX |  |  | DE | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Deed of Trust is Missing | Resolved-Lender provided Mortgage with signature from XXXX Member as indicated on the 1st page of Mortgage and Title in file. Condition resolved. - Due Diligence Vendor-05/09/2025 <br> Ready for Review-Document Uploaded. - Buyer-05/08/2025 <br> Open-The Deed of Trust is Missing Provide Deed of Trust by all title holders, XXXX) including all Riders. Mortgage in file missing signature from XXXX Member as indicated on the 1st page of Mortgage and Title in file. - Due Diligence Vendor-04/23/2025 |  | Resolved-Lender provided Mortgage with signature from RSKTKR, LLC Member as indicated on the 1st page of Mortgage and Title in file. Condition resolved. - Due Diligence Vendor-05/09/2025<br>| xx_mortgage.pdf |  |  | SC | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance (50001252) | Resolved-COC received, resolved. - Due Diligence Vendor-05/07/2025 <br>Ready for Review-Document Uploaded. - Seller-05/05/2025 <br>Counter-Need COC to include Supplemental taxes of $195.18 on revised CD which were $0 on initial CD. - Due Diligence Vendor-05/01/2025 <br>Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Doc Tax Stamps/Transfer Taxes – City/County. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). - Due Diligence Vendor-05/01/2025 <br>Ready for Review-Document Uploaded. - Seller-04/30/2025 <br>Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Doc Tax Stamps/Transfer Taxes – City/County, Points - Loan Discount Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). Points - Loan Discount Fee increase from Initial CD ($0) to Revised CD($4,588.45) but COC not available. Provide COC for Revised on Points - Loan Discount Fee increase. - Due Diligence Vendor-04/25/2025 | Ready for Review-Document Uploaded. - Seller-05/05/2025 <br>Ready for Review-Document Uploaded. - Seller-04/30/2025<br>| Resolved-COC received, resolved. - Due Diligence Vendor-05/07/2025<br>| xx CORRECT 4.11 COC.pdf |  |  | CA | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Lender Credits That Cannot Decrease Test (50001262) | Resolved-COC received, resolved. - Due Diligence Vendor-05/01/2025 <br> Ready for Review-Document Uploaded. - Seller-04/30/2025 <br> Open-The baseline amount of non-specific (lump sum) lender credits and specific lender credits disclosed is ($XXXX). The Last CD shows a total lender credit amount of ($XXXX). The following fees "lender credits" have decreased below their baseline amounts (General Lender Credit). Non-specific lender credits are generalized payments that do not pay for a particular fee. Specific lender credits are specific payments to pay for a specific fee. The total amount of non-specific and specific lender credits cannot decrease unless a new disclosure is provided and there is a valid changed circumstance associated with the re-disclosure, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3)(i) and comments 19(e)(3)(i)-5 and -6; 12 CFR 1026.19(f)(2)(v); 12 CFR 1026.37(g)(6); 12 CFR 1026.38(h)). Lender credit decrease from Initial CD ($625) to Revised CD($0) but COC not available. Provide COC for Revised on Lender credit decrease. - Due Diligence Vendor-04/25/2025 | Ready for Review-Document Uploaded. - Seller-04/30/2025<br>| Resolved-COC received, resolved. - Due Diligence Vendor-05/01/2025<br>| xx CD 4.11 COC.pdf |  |  | CA | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-05/07/2025 <br>Open-. - Due Diligence Vendor-05/07/2025 <br>Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-05/06/2025 <br>Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-05/01/2025 <br>Open-. - Due Diligence Vendor-05/01/2025 <br>Resolved-The loan's (8.231%) APR equals or exceeds the Federal HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s276 and the Final Closing disclosure on Pg#'s81-86, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s283-285, 80. An interior and exterior appraisal was completed for this property – see pg#21, the appraisal disclosure was provided to the borrower(s)- see Pg#'s324, and confirmation the appraisal was delivered to the borrower – see Pg#'s110. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-04/25/2025 |  | Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-05/07/2025 <br>Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-05/06/2025 <br>Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-05/01/2025 <br>Resolved-The loan's (8.231%) APR equals or exceeds the Federal HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.73%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s276 and the Final Closing disclosure on Pg#'s81-86, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s283-285, 80. An interior and exterior appraisal was completed for this property – see pg#21, the appraisal disclosure was provided to the borrower(s)- see Pg#'s324, and confirmation the appraisal was delivered to the borrower – see Pg#'s110. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-04/25/2025<br>|  |  |  | CA | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | California - Higher Priced Mortgage Loan (First Lien 06/2013)(Conforming) | Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-05/07/2025 <br>Open-. - Due Diligence Vendor-05/07/2025 <br>Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-05/06/2025 <br>Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-05/01/2025 <br>Open-. - Due Diligence Vendor-05/01/2025 <br>Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (8.231%) equals or exceeds the California HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.73%).(Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s276 and the Final Closing disclosure on Pg#'s81-86, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s283-285, 80. An interior and exterior appraisal was completed for this property – see pg#21, the appraisal disclosure was provided to the borrower(s)- see Pg#'s324, and confirmation the appraisal was delivered to the borrower – see Pg#'s110. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-04/25/2025 |  | Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-05/07/2025 <br>Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-05/06/2025 <br>Resolved-The loan meets HPML guidelines, resolved. - Due Diligence Vendor-05/01/2025 <br>Resolved-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (8.231%) equals or exceeds the California HPML threshold of (8.23%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.73%).(Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s276 and the Final Closing disclosure on Pg#'s81-86, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s283-285, 80. An interior and exterior appraisal was completed for this property – see pg#21, the appraisal disclosure was provided to the borrower(s)- see Pg#'s324, and confirmation the appraisal was delivered to the borrower – see Pg#'s110. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-04/25/2025<br>|  |  |  | CA | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Non-Conforming) | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg. 514 and the Final Closing disclosure on Pg. 160 reflects escrows. Rate lock date was entered correctly – see Pg. 573. An interior and exterior appraisal was completed for this property – see Pg. Findings, the appraisal disclosure was provided to the borrower(s) and copy of the appraisal was given to the borrower – see Pg. Findings for the copy of the disclosure. The loan meets HPML guidelines. Finding resolved." - Due Diligence Vendor-05/05/2025 <br>Ready for Review-Document Uploaded. attached - Seller-05/02/2025 <br>Counter-Appraisal report provided is not for this loan file. Different property address on Appraisal. - Due Diligence Vendor-05/02/2025 <br>Ready for Review-Document Uploaded. appraisal attached appraisal attached - Buyer-05/01/2025 <br>Open-The loan's (9.387%) APR equals or exceeds the Federal HPML threshold of (9.16%). The system determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.66%). The System applied this threshold because this ($1,340,851.00) loan exceeds ($806,500.00), which is the Freddie Mac conforming loan limit as of the date the loan's interest rate was set before consummation. (12 CFR 1026.35(a)(1)(ii)) Appraisal report 1004 is missing in File - Due Diligence Vendor-04/25/2025 | Ready for Review-Document Uploaded. attached - Seller-05/02/2025<br>| Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg. 514 and the Final Closing disclosure on Pg. 160 reflects escrows. Rate lock date was entered correctly – see Pg. 573. An interior and exterior appraisal was completed for this property – see Pg. Findings, the appraisal disclosure was provided to the borrower(s) and copy of the appraisal was given to the borrower – see Pg. Findings for the copy of the disclosure. The loan meets HPML guidelines. Finding resolved." - Due Diligence Vendor-05/05/2025<br>| XXXX |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | California - Higher Priced Mortgage Loan (First Lien 06/2013)(Non-Conforming) | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg. 514 and the Final Closing disclosure on Pg. 160 reflects escrows. Rate lock date was entered correctly – see Pg. 573. An interior and exterior appraisal was completed for this property – see Pg. Findings, the appraisal disclosure was provided to the borrower(s) and copy of the appraisal was given to the borrower – see Pg. Findings for the copy of the disclosure. The loan meets HPML guidelines. Finding resolved." - Due Diligence Vendor-05/05/2025 <br> Ready for Review-Document Uploaded. attached - Seller-05/02/2025 <br> Counter-Appraisal report provided is not for this loan file. Different property address on Appraisal. - Due Diligence Vendor-05/02/2025 <br> Ready for Review-appraisal attached - Seller-05/01/2025 <br> Open-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (9.387%) equals or exceeds the California HPML threshold of (9.16%). The System determines the threshold by adding 2.5 points to the comparable average prime offer rate index of (6.66%). The System applied this threshold because this ($XXXX) loan exceeds ($XXXX), which is the Freddie Mac conforming loan limit as of the date the loan's interest rate was set before consummation. (Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(ii)) Appraisal report 1004 is missing in File - Due Diligence Vendor-04/25/2025 | Ready for Review-Document Uploaded. attached - Seller-05/02/2025 <br>Ready for Review-appraisal attached - Seller-05/01/2025<br>| Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg. 514 and the Final Closing disclosure on Pg. 160 reflects escrows. Rate lock date was entered correctly – see Pg. 573. An interior and exterior appraisal was completed for this property – see Pg. Findings, the appraisal disclosure was provided to the borrower(s) and copy of the appraisal was given to the borrower – see Pg. Findings for the copy of the disclosure. The loan meets HPML guidelines. Finding resolved." - Due Diligence Vendor-05/05/2025<br>| XXXX |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Appraisal is Missing | Resolved-Appraisal is Present or is Waived - Due Diligence Vendor-05/05/2025 <br>Ready for Review-Document Uploaded. attached - Buyer-05/02/2025 <br>Counter-Appraisal report provided is not for this loan file. Different property address on Appraisal.<br> - Due Diligence Vendor-05/02/2025 <br>Open-Appraisal is Missing - Due Diligence Vendor-05/02/2025 <br>Ready for Review-Document Uploaded. - Seller-05/01/2025 <br>Open-Appraisal is Missing Appraisal report 1004 is missing in file. - Due Diligence Vendor-04/25/2025 | Ready for Review-Document Uploaded. - Seller-05/01/2025<br>| Resolved-Appraisal is Present or is Waived - Due Diligence Vendor-05/05/2025<br>| XXXX |  |  | CA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 2 Does Not Meet Guideline Requirements | Resolved-Asset Record 2 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-05/05/2025 <br>Resolved-Wire transfer for Gift Funds iao $90,000 received - Due Diligence Vendor-05/05/2025 <br>Ready for Review-Document Uploaded. - Seller-05/02/2025 <br>Open-Asset Record 2 Does Not Meet G/L Requirements Per Matrix, When the funds are not transferred prior to closing, it must be documented that the donor gave the closing agent the gift funds in the form of a certified check, a cashier's check, money order, or wire transfer. Provide supporting documentation for Gift Funds iao $90,000<br> - Due Diligence Vendor-05/02/2025 | Ready for Review-Document Uploaded. - Seller-05/02/2025<br>| Resolved-Asset Record 2 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-05/05/2025 <br>Resolved-Wire transfer for Gift Funds iao $90,000 received - Due Diligence Vendor-05/05/2025<br>| Gift Wire.pdf |  |  | CA | Investment | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-EMD is $1,000 per HUD , evidence of EMD on page 140 and receipt of EMD by Title Company on page 163 - Due Diligence Vendor-05/05/2025 <br>Resolved-Purchase Contract Doc is not Missing, or is Not Applicable. - Due Diligence Vendor-05/05/2025 <br>Ready for Review-Document Uploaded. - Seller-05/02/2025 <br>Open-Purchase Contract Doc is not Missing, or is Not Applicable. Provide updated Purchase contract listing the purchase price and earnest money deposit amount. Clarify the EMD amount. Contract in file is written as $10,000 versus $1,000. - Due Diligence Vendor-05/02/2025 | Ready for Review-Document Uploaded. - Seller-05/02/2025<br>| Resolved-EMD is $1,000 per HUD , evidence of EMD on page 140 and receipt of EMD by Title Company on page 163 - Due Diligence Vendor-05/05/2025 <br>Resolved-Purchase Contract Doc is not Missing, or is Not Applicable. - Due Diligence Vendor-05/05/2025<br>| Contract.pdf |  |  | CA | Investment | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Confirmation of Rate Lock received - Due Diligence Vendor-05/05/2025 <br>Ready for Review-Document Uploaded. - Seller-05/02/2025 <br>Open-Evidence of Rate Lock Missing Provide Confirmation of Rate Lock - Due Diligence Vendor-05/02/2025 | Ready for Review-Document Uploaded. - Seller-05/02/2025<br>| Resolved-Confirmation of Rate Lock received - Due Diligence Vendor-05/05/2025<br>| Lock.pdf |  |  | CA | Investment | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Value of Primary Residence less than Subject Property Value | Resolved-LOE for Primary received - Due Diligence Vendor-05/05/2025 <br> Ready for Review-Document Uploaded. - Seller-05/02/2025 <br> Open-Value of Primary Residence $XXXXnd is less than Subject Property Value $XXXX- Due Diligence Vendor-05/02/2025 | Ready for Review-Document Uploaded. - Seller-05/02/2025<br>| Resolved-LOE for Primary received - Due Diligence Vendor-05/05/2025<br>| LOE Primary.pdf |  |  | CA | Investment | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Hazard Insurance document with Policy Number provided. - Due Diligence Vendor-05/05/2025 <br>Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-05/05/2025 <br>Ready for Review-Document Uploaded. - Seller-05/02/2025 <br>Open-Hazard Insurance Policy Partially Provided Provide Policy or Binder Number for the HOI Policy - Due Diligence Vendor-04/29/2025 | Ready for Review-Document Uploaded. - Seller-05/02/2025<br>| Resolved-Hazard Insurance document with Policy Number provided. - Due Diligence Vendor-05/05/2025 <br>Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-05/05/2025<br>| HOI Stead.pdf |  |  | MN | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Revised LE, Initial CD, COC and Disclosure Tracking Summary received - Due Diligence Vendor-05/02/2025 <br>Ready for Review-Document Uploaded. - Seller-05/01/2025 <br>Open-TRID: Missing Closing Disclosure Provide Initial CD, related COC and Disclosure Tracking Summary - Due Diligence Vendor-05/01/2025 | Ready for Review-Document Uploaded. - Seller-05/01/2025<br>| Resolved-Revised LE, Initial CD, COC and Disclosure Tracking Summary received - Due Diligence Vendor-05/02/2025<br>| X CC.pdf<br>X Tracking.pdf<br>X CD.pdf |  |  | MN | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Federal - Closing Disclosure and Consummation Date | Resolved-Updated Initial CD receipt date to 4/18/2025 - Due Diligence Vendor-05/02/2025 <br> Resolved-The Initial Closing Disclosure Received Date of (2025-04-22) is not three business days before the consummation date of (XXXX). Three business days before the consummation date is (XXXX). Under Regulation Z, a consumer must receive the Initial Closing Disclosure reflecting the actual terms of the transaction no later than three business days before consummation. (12 CFR 1026.19(f)(1)(ii)(A)); 1026.19(f)(1)(iii)) Resolved - Due Diligence Vendor-05/02/2025 |  | Resolved-Updated Initial CD receipt date to 4/18/2025 - Due Diligence Vendor-05/02/2025 <br>Resolved-The Initial Closing Disclosure Received Date of (2025-04-22) is not three business days before the consummation date of (2025-04-22). Three business days before the consummation date is (20250418). Under Regulation Z, a consumer must receive the Initial Closing Disclosure reflecting the actual terms of the transaction no later than three business days before consummation. (12 CFR 1026.19(f)(1)(ii)(A)); 1026.19(f)(1)(iii)) Resolved - Due Diligence Vendor-05/02/2025<br>|  |  |  | MN | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Executed 4506-T Missing | Resolved-Borrower 1 Executed 4506-C received - Due Diligence Vendor-05/02/2025 <br>Resolved-Borrower 1 Executed 4506-T Provided - Due Diligence Vendor-05/02/2025 <br>Ready for Review-Document Uploaded. - Seller-05/01/2025 <br>Open-Borrower 1 Executed 4506-T Missing Provide the 4506-C that was executed at closing - Due Diligence Vendor-05/01/2025 | Ready for Review-Document Uploaded. - Seller-05/01/2025<br>| Resolved-Borrower 1 Executed 4506-C received - Due Diligence Vendor-05/02/2025 <br>Resolved-Borrower 1 Executed 4506-T Provided - Due Diligence Vendor-05/02/2025<br>| 4506.pdf |  |  | MN | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 Executed 4506-T Missing | Resolved-Borrower 2 Executed 4506-C received - Due Diligence Vendor-05/02/2025 <br>Resolved-Borrower 2 Executed 4506-T Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-05/02/2025 <br>Ready for Review-Document Uploaded. - Seller-05/01/2025 <br>Open-Borrower 2 Executed 4506-T Missing Provide the 4506-C that was executed at closing - Due Diligence Vendor-05/01/2025 | Ready for Review-Document Uploaded. - Seller-05/01/2025<br>| Resolved-Borrower 2 Executed 4506-C received - Due Diligence Vendor-05/02/2025 <br>Resolved-Borrower 2 Executed 4506-T Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-05/02/2025<br>| 4506.pdf |  |  | MN | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Revised LE's, Initial CD, COC's and Disclosure Tracking Summary - Due Diligence Vendor-05/08/2025 <br>Ready for Review-Document Uploaded. - Seller-05/07/2025 <br>Open-TRID: Missing Closing Disclosure Provide Initial CD, related COC and Disclosure Tracking Summary - Due Diligence Vendor-05/02/2025 | Ready for Review-Document Uploaded. - Seller-05/07/2025<br>| Resolved-Revised LE's, Initial CD, COC's and Disclosure Tracking Summary - Due Diligence Vendor-05/08/2025<br>| XXXX |  |  | MD | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)). Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on page 199 and the Final Closing disclosure on page 85 reflects escrows. Rate lock date was entered correctly in Findings. An interior and exterior appraisal was completed for this property – see page 18, the appraisal disclosure was provided to the borrower(s)- see page 261 and copy of the appraisal was given to the borrower – see page 115. The loan meets HPML guidelines. - Due Diligence Vendor-05/08/2025 <br>Open-The loan's (8.836%) APR equals or exceeds the Federal HPML threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.7%).(12 CFR 1026.35(a)(1)(i)) . - Due Diligence Vendor-05/08/2025 |  | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)). Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on page 199 and the Final Closing disclosure on page 85 reflects escrows. Rate lock date was entered correctly in Findings. An interior and exterior appraisal was completed for this property – see page 18, the appraisal disclosure was provided to the borrower(s)- see page 261 and copy of the appraisal was given to the borrower – see page 115. The loan meets HPML guidelines. - Due Diligence Vendor-05/08/2025<br>|  |  |  | MD | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | Maryland - Higher Priced Mortgage Loan (First Lien 06/2013)(Conforming) | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)). Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on page 199 and the Final Closing disclosure on page 85 reflects escrows. Rate lock date was entered correctly in Findings. An interior and exterior appraisal was completed for this property – see page 18, the appraisal disclosure was provided to the borrower(s)- see page 261 and copy of the appraisal was given to the borrower – see page 115. The loan meets HPML guidelines. - Due Diligence Vendor-05/08/2025 <br>Open-Under the Regulations adopted by the Maryland Commissioner of Financial Regulation, as applicable to Mortgage Lenders, this is a Higher-Priced Mortgage. The loan's APR of (8.836%) equals or exceeds the Maryland Higher-Priced Mortgage threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.7%). (COMAR 09.03.06.02(B)(13); 12 CFR 1026.35(a)(1)(i)) . - Due Diligence Vendor-05/08/2025 |  | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)). Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on page 199 and the Final Closing disclosure on page 85 reflects escrows. Rate lock date was entered correctly in Findings. An interior and exterior appraisal was completed for this property – see page 18, the appraisal disclosure was provided to the borrower(s)- see page 261 and copy of the appraisal was given to the borrower – see page 115. The loan meets HPML guidelines. - Due Diligence Vendor-05/08/2025<br>|  |  |  | MD | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Confirmation of Rate Lock received - Due Diligence Vendor-05/08/2025 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-05/08/2025 <br>Ready for Review-Document Uploaded. - Seller-05/07/2025 <br>Open-Evidence of Rate Lock Missing Provide Confirmation of Rate Lock - Due Diligence Vendor-05/02/2025 | Ready for Review-Document Uploaded. - Seller-05/07/2025<br>| Resolved-Confirmation of Rate Lock received - Due Diligence Vendor-05/08/2025 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-05/08/2025<br>| X Lock.pdf |  |  | MD | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Credit | Payment Letter is missing | Resolved-Corrected FPL received in Findings: FIRST PAYMENT_REVISED.PDF. Resolved. - Due Diligence Vendor-05/05/2025 <br> Ready for Review-Document Uploaded. Please see attached. - Buyer-05/05/2025 <br> Open-The First Payment Letter provided on p 277 reflects a monthly tax amount of $XXXX however the Tax Bill on p 464 reflects two tax amounts of $XXXX for a total of $XXXX annually and $XXXX/month. Total Monthly Payment reflected on the First Payment Letter is $2,709.35 but the Total Monthly Payment should be $XXXX based off the info verified from the tax bill. - Due Diligence Vendor-04/29/2025 |  | Resolved-Corrected FPL received in Findings: FIRST PAYMENT_REVISED.PDF. Resolved. - Due Diligence Vendor-05/05/2025<br>| First Payment_Revised.pdf |  |  | NJ | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Final HUD-1 or Final Settlement Statement Document is Missing | Resolved-Final Settlement Statement reflecting the Settlement Date and Disbursement Date was provided in Findings: SIGNED AND DATED HUD WITH PAYOFF.PDF. Resolved. - Due Diligence Vendor-05/02/2025 <br>Ready for Review-Document Uploaded. Please see attached. - Buyer-05/01/2025 <br>Open-The Settlement Statement (HUD-I) on p 165 does not reflect the Settlement Date or Disbursement Date. - Due Diligence Vendor-04/29/2025 |  | Resolved-Final Settlement Statement reflecting the Settlement Date and Disbursement Date was provided in Findings: SIGNED AND DATED HUD WITH PAYOFF.PDF. Resolved. - Due Diligence Vendor-05/02/2025<br>| Signed and dated HUD with payoff.pdf |  |  | NJ | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Acknowledged | 2 - Non-Material D B | Credit | Missing Doc | Business Purpose Affidavit is Missing | Acknowledged-DH Acknowledges - Due Diligence Vendor-05/01/2025 <br>Ready for Review-Seller cannot produce, DH acknowledged. Please downgrade to Non-Material Grade 2<br> - Buyer-04/30/2025 <br>Open-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Missing', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. The Initial Business Purpose Affidavit is missing. - Due Diligence Vendor-04/28/2025 |  | Acknowledged-DH Acknowledges - Due Diligence Vendor-05/01/2025<br>|  |  |  | NJ | Investment | Refinance | Cash Out - Other | XXXX | Investor Post-Close | No |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI Requirements | Resolved-Audited DTI of 44.28% is less than or equal to Guideline DTI of 45% - Due Diligence Vendor-06/17/2025 <br> Resolved-DTI 26.378 / 44.283. Documentation uploaded and indexed/bookmarked Business AccountXXXX payments XXXX payments and XXXX 9 of 12 payments. Exception Approved 6/13/2025 exclude XXXX from DTI documentation only 9 of 12 payments. <br> Comp Factor 1 - Residual Income $15,941.83 vs Minimum residual income $1,500 <br> Comp Factor 2 – 12 months Reserves vs Minimum 8 months reserves <br> Comp Factor 3 - FICO 718 vs Minimum FICO 700 - Due Diligence Vendor-06/17/2025 <br> Ready for Review-Document Uploaded. We are now omitting the XXXX and XXXX. Both installment loans are being paid by the business. We have proof of 12 months payments paid by the business for the XXXX and we have 9 months for XXXX. <br> A loan exception has been approved to omit the XXXX opened less than 12 months. DTI is under 45%. <br> Updated 1008/1003, income calc, exception approval, March 2024 XXXX statement to evidence the 4/2024 XXXX auto payment and been attached and uploaded <br>XXXXReady for Review-Document Uploaded. - Seller-06/16/2025 <br> Counter-Audited DTI of 50.26% exceeds Guideline DTI of 45% DTI outside Maximum 45% for 90% LTV, Guidelines 2/14/2025. <br> 1008 Subject PITI $7,547.43 + Property converted from primary residence as investment, mortgage statement PITI $3,976.08 + Other monthly liabilities $2,858 (XXXX Bank $1,122 + XXXX $1,297 + XXXX $414 + XXXX $25) = Total monthly payments $14,381.51 divided by Qualifying Monthly Income $28,612.26 = DTI 50.26% - Due Diligence Vendor-05/19/2025 <br> Ready for Review-The XXXX payment will remain included in the DTI. I removed the exclusion and added Medallion to get the DTI below 45%. new income and 1008 - Seller-05/15/2025 <br> Ready for Review-Document Uploaded. 1008 and income calc updated - Seller-05/15/2025 <br> Open-Audited DTI of 50.26% exceeds Guideline DTI of 45% DTI outside Maximum 45% for 90% LTV, Guidelines 2/14/2025. 1008 P&I ($5,860.45) not matching with Note P&I ($5,865.17), property tax $1,114.17 not matching Tax Cert $1,114.09. Property converted from primary residence as investment, mortgage statement PITI $3,976.08 not included negative cash flow. Subject PITI $7,547.43 + Negative Rent $3,976.08 + other monthly liabilities $2,858 = $14,381.51 Monthly Income Final 1003 and 1008 $28,612.26 $14,381.51/$28,612.26 = DTI 50.26% - Due Diligence Vendor-04/30/2025 | Ready for Review-Document Uploaded. We are now omitting the XXXXand XXXX. Both installment loans are being paid by the business. We have proof of 12 months payments paid by the business for the XXXXand we have 9 months for XXXX. <br> A loan exception has been approved to omit the xx opened less than 12 months. DTI is under 45%. <br> Updated 1008/1003, income calc, exception approval, March 2024 XXXX statement to evidence the 4/2024 XXXX and been attached and uploaded <br>XXXX<br> XXXX Ready for Review-Document Uploaded. - Seller-06/16/2025 <br> Ready for Review-The XXXX payment will remain included in the DTI. I removed the exclusion and added XXXX to get the DTI below 45%. new income and 1008 - Seller-05/15/2025 <br> Ready for Review-Document Uploaded. 1008 and income calc updated - Seller-05/15/2025 | Resolved-Audited DTI of 44.28% is less than or equal to Guideline DTI of 45% - Due Diligence Vendor-06/17/2025 <br> Resolved-DTI 26.378 / 44.283. Documentation uploaded and indexed/bookmarked Business Account XXXX payments XXXX12 payments and XXXX9 of 12 payments. Exception Approved 6/13/2025 exclude XXXX from DTI documentation only 9 of 12 payments. <br> Comp Factor 1 - Residual Income $15,941.83 vs Minimum residual income $1,500 <br> Comp Factor 2 – 12 months Reserves vs Minimum 8 months reserves <br> Comp Factor 3 - FICO 718 vs Minimum FICO 700 - Due Diligence Vendor-06/17/2025 | XXXX |  | Exception Approved 6/13/2025 exclude xx xxxx from DTI documentation only 9 of 12 payments. <br> Comp Factor 1 - Residual Income $15,941.83 vs Minimum residual income $1,500 <br> Comp Factor 2 – 12 months Reserves vs Minimum 8 months reserves <br> Comp Factor 3 - FICO 718 vs Minimum FICO 700 | IL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-06/17/2025 <br> Resolved-1008 DTI 26.378/44.283. Documentation uploaded and indexed/bookmarked Business Account XXXX paymentsXXXX 12 payments and XXXX 9 of 12 payments. Exception Approved 6/13/2025 exclude XXXX from DTI documentation only 9 of 12 payments. <br> Comp Factor 1 - Residual Income $15,941.83 vs Minimum residual income $1,500 <br> Comp Factor 2 – 12 months Reserves vs Minimum 8 months reserves <br> Comp Factor 3 - FICO 718 vs Minimum FICO 700 - Due Diligence Vendor-06/17/2025 <br> Ready for Review-Document Uploaded. We are now omitting the XXXXand XXXX. Both installment loans are being paid by the business. We have proof of 12 months payments paid by the business for the XXXX and we have 9 months for XXXX. <br> A loan exception has been approved to omit the xx opened less than 12 months. DTI is under 45%. <br> Updated 1008/1003, income calc, exception approval, March 2024 XXXX statement to evidence the XXXX auto payment and been attached and uploaded <br>XXXXReady for Review-Document Uploaded. - Seller-06/16/2025 <br> Counter-Pending Exception. DTI outside Maximum 45% for 90% LTV, Matrix/Guidelines 2/14/2025. - Due Diligence Vendor-05/27/2025 <br> Ready for Review-Document Uploaded. The Chrysler payment will remain included in the DTI. Underwriter removed the exclusion and added XXXX to get the DTI below 45%. please see 1008. We have an exception on the other debts without 12 months to be able to exclude. I will upload as soon as I have it. - Seller-05/22/2025 <br> Counter-XXXX XXXX AXXXXXX opened 12/26/2024. XXXXBusiness Statements show 9 months for XXXX payments 3/6/2025, 2/3/2025, 12/27/2024, 11/27/2024, 11/1/2024, 8/2/2024, 7/8/2024, 5/29/2024, 5/1/2024. Guidelines 2/14/2025 Page 49 In order to exclude non mortgage debts from the borrowers DTI ratio, the lender must obtain the most recent 12 months canceled checks or bank statements from the other party making the payments that document a 12 month payment history with no delinquent payments. - Due Diligence Vendor-05/12/2025 <br> Ready for Review-Document Uploaded. XXXX cap and XXXX bank paid by business and were excluded. Statements attached. - Seller-05/08/2025 <br> Open-The 1008 document is missing from the loan file. DTI outside Maximum 45% for 90% LTV, Guidelines 2/14/2025. 1008 P&I ($5,860.45) not matching with Note P&I ($5,865.17), property tax $1,114.17 not matching Tax Cert $1,114.09. Property converted from primary residence as investment, mortgage statement PITI $3,976.08 not included negative cash flow. Subject PITI $7,547.43 + Negative Rent $3,976.08 + other monthly liabilities $2,858 = $14,381.51 Monthly Income Final 1003 and 1008 $28,612.26 $14,381.51/$28,612.26 = DTI 50.26% - Due Diligence Vendor-04/29/2025 | Ready for Review-Document Uploaded. We are now omitting the XXXXand XXXX Both installment loans are being paid by the business. We have proof of 12 months payments paid by the business for the XXXXand we have 9 months for XXXX. <br> A loan exception has been approved to omit the XXXXopened less than 12 months. DTI is under 45%. <br> Updated 1008/1003, income calc, exception approval, March 2024 XXXX statement to evidence the 4/2024 XXXX auto payment and been attached and uploaded <br>XXXX Ready for Review-Document Uploaded. - Seller-06/16/2025 <br> Ready for Review-Document Uploaded. The Chrysler payment will remain included in the DTI. Underwriter removed the exclusion and added Medallion to get the DTI below 45%. please see 1008. We have an exception on the other debts without 12 months to be able to exclude. I will upload as soon as I have it. - Seller-05/22/2025 <br> Ready for Review-Document Uploaded. Chrysler cap and PNC bank paid by business and were excluded. Statements attached. - Seller-05/08/2025 | Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-06/17/2025 <br> Resolved-1008 DTI 26.378/44.283. Documentation uploaded and indexed/bookmarked Business Account XXXX payments XXXX 12 payments and XXXX 9 of 12 payments. Exception Approved 6/13/2025 exclude XXXX from DTI documentation only 9 of 12 payments. <br> Comp Factor 1 - Residual Income $15,941.83 vs Minimum residual income $1,500 <br> Comp Factor 2 – 12 months Reserves vs Minimum 8 months reserves <br> Comp Factor 3 - FICO 718 vs Minimum FICO 700 - Due Diligence Vendor-06/17/2025 | XXXX |  | Exception Approved 6/13/2025 exclude xx xxxx from DTI documentation only 9 of 12 payments. <br> Comp Factor 1 - Residual Income $15,941.83 vs Minimum residual income $1,500 <br> Comp Factor 2 – 12 months Reserves vs Minimum 8 months reserves <br> Comp Factor 3 - FICO 718 vs Minimum FICO 700 | IL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Updated Lender Income Calculation Worksheet uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-05/16/2025 <br>Resolved-Validation Resolved' - Due Diligence Vendor-05/16/2025 <br>Ready for Review-Document Uploaded. please see updated income calc - Seller-05/15/2025 <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Provide Correct Lender Income Worksheet for 1008 qualifying monthly income $28,612.26. Lender Income worksheet bank statement balances are not matching with available bank statements in file. Income worksheet reflecting 2023/2022 Bank statements calculation not available in file. - Due Diligence Vendor-04/29/2025 | Ready for Review-Document Uploaded. please see updated income calc - Seller-05/15/2025<br>| Resolved-Updated Lender Income Calculation Worksheet uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-05/16/2025 <br>Resolved-Validation Resolved' - Due Diligence Vendor-05/16/2025<br>| XXXX |  |  | IL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Updated Title Commitment uploaded, Title Coverage Amount of $XXXX is equal to Total Amount of Subject Lien(s), Verified & entered in system - Resolved<br> - Due Diligence Vendor-05/02/2025 <br> Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-05/02/2025 <br> Ready for Review-Document Uploaded. updated title. - Seller-05/01/2025 <br> Open-Title Coverage Amount of $XXXX is Less than Loan Amount Provide Final Title Commitment. Title Coverage Amount of $XXXX is Less than Loan Amount. - Due Diligence Vendor-04/28/2025 | Ready for Review-Document Uploaded. updated title. - Seller-05/01/2025<br>| Resolved-Updated Title Commitment uploaded, Title Coverage Amount of $XXXX is equal to Total Amount of Subject Lien(s), Verified & entered in system - Resolved<br> - Due Diligence Vendor-05/02/2025 <br> Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-05/02/2025 | XXXX |  |  | IL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (9.254%) APR equals or exceeds the Federal HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.66%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg 334 and the Final Closing disclosure on Pg 173, Finding reflects escrows. Rate lock date was entered correctly – see Pg 168. An interior and exterior appraisal was completed for this property – see pg 26, the appraisal disclosure was provided to the borrower(s)- see Pg 24-25, 411, 412, and confirmation the appraisal was delivered to the borrower – see Pg 24-25, 411, 412. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-04/28/2025 |  | Resolved-The loan's (9.254%) APR equals or exceeds the Federal HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.66%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg 334 and the Final Closing disclosure on Pg 173, Finding reflects escrows. Rate lock date was entered correctly – see Pg 168. An interior and exterior appraisal was completed for this property – see pg 26, the appraisal disclosure was provided to the borrower(s)- see Pg 24-25, 411, 412, and confirmation the appraisal was delivered to the borrower – see Pg 24-25, 411, 412. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-04/28/2025<br>|  |  | This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg 334 and the Final Closing disclosure on Pg 173, Finding reflects escrows. Rate lock date was entered correctly – see Pg 168. An interior and exterior appraisal was completed for this property – see pg 26, the appraisal disclosure was provided to the borrower(s)- see Pg 24-25, 411, 412, and confirmation the appraisal was delivered to the borrower – see Pg 24-25, 411, 412. The loan meets HPML guidelines, resolved. | IL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Business Purpose Affidavit is Missing | Resolved-Business Purpose Affidavit is Missing , Provided the Same , Changes Made in system Finding Resolved - Due Diligence Vendor-05/21/2025 <br>Resolved-The Business Purpose Affidavit is present or Not Applicable (1008 Page Loan Type is DSCR.) - Due Diligence Vendor-05/21/2025 <br>Ready for Review-Document Uploaded. Both attached - Buyer-05/21/2025 <br>Open-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Missing', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. Initial and final Business Purpose Affidavit Disclosures are missing in file, as loan type DSCR we need Initial and final Business Purpose Affidavit Disclosures - Due Diligence Vendor-04/28/2025 |  | Resolved-Business Purpose Affidavit is Missing , Provided the Same , Changes Made in system Finding Resolved - Due Diligence Vendor-05/21/2025 <br>Resolved-The Business Purpose Affidavit is present or Not Applicable (1008 Page Loan Type is DSCR.) - Due Diligence Vendor-05/21/2025<br>| XXXX |  |  | TX | Investment | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Disclosure | Data Discrepancy: Prepayment Penalty on Closing Disclosure Incorrect | Resolved-In Findings - Due Diligence Vendor-05/08/2025 <br>Ready for Review-Document Uploaded. - Buyer-05/07/2025 <br>Open-Prepayment Penalty on Closing Disclosure does not match the prepayment penalty calculation on the Note. Prepayment Penalty on Closing Disclosure is $11,925 does not match the prepayment penalty calculation on the Note $19,875. - Due Diligence Vendor-04/28/2025 |  | Resolved-In Findings - Due Diligence Vendor-05/08/2025<br>| XXXX |  |  | TX | Investment | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (9.704%) APR equals or exceeds the Federal HPML threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.65%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#311-312 and the Final Closing disclosure on Pg#169-174, Finding reflects escrows. Rate lock date was entered correctly – see Pg#347. An interior and exterior appraisal was completed for this property – see pg#93 , the appraisal disclosure was provided to the borrower(s)- see Pg#473, and confirmation the appraisal was delivered to the borrower – see Pg#209. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-04/28/2025 |  | Resolved-The loan's (9.704%) APR equals or exceeds the Federal HPML threshold of (8.15%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.65%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#311-312 and the Final Closing disclosure on Pg#169-174, Finding reflects escrows. Rate lock date was entered correctly – see Pg#347. An interior and exterior appraisal was completed for this property – see pg#93 , the appraisal disclosure was provided to the borrower(s)- see Pg#473, and confirmation the appraisal was delivered to the borrower – see Pg#209. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-04/28/2025<br>|  |  |  | TN | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset General | Resolved-Evidence of gift provided. Resolved. - Due Diligence Vendor-05/21/2025 <br>Ready for Review-Document Uploaded. Gift Letter Docs uploaded for review. - Buyer-05/20/2025 <br>Open-Miss8ing Gift letter and evidence of wire to title company. - Due Diligence Vendor-04/30/2025 |  | Resolved-Evidence of gift provided. Resolved. - Due Diligence Vendor-05/21/2025<br>| XXXX |  |  | IL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Secondary Value missing, provided CDA, Changes Made in system , Finding Resolved - Due Diligence Vendor-05/21/2025 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-05/21/2025 <br>Ready for Review-Document Uploaded. CDA uploaded for review. - Buyer-05/20/2025 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Missing desk review. CU score is 2.6. - Due Diligence Vendor-04/30/2025 |  | Resolved-Secondary Value missing, provided CDA, Changes Made in system , Finding Resolved - Due Diligence Vendor-05/21/2025 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-05/21/2025<br>| XXXX |  |  | IL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Audited LTV of 85% is less than or equal to Guideline LTV of 90% - Due Diligence Vendor-05/21/2025 <br>Resolved-Gift amount reflecting in Final Cd, Gift letter missing in file, Provided Gift Letter with Wire, Changes Made In system, Finding Resolved - Due Diligence Vendor-05/21/2025 <br>Rescinded-Audited LTV Exceeds Guideline LTV Audited LTV is within the Guideline LTV. Rescinded. - Due Diligence Vendor-04/30/2025 |  | Resolved-Audited LTV of 85% is less than or equal to Guideline LTV of 90% - Due Diligence Vendor-05/21/2025 <br>Resolved-Gift amount reflecting in Final Cd, Gift letter missing in file, Provided Gift Letter with Wire, Changes Made In system, Finding Resolved - Due Diligence Vendor-05/21/2025 <br>Rescinded-Audited LTV Exceeds Guideline LTV Audited LTV is within the Guideline LTV. Rescinded. - Due Diligence Vendor-04/30/2025<br>|  |  |  | IL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Homeownership Counseling Disclosure Is Missing | Resolved-Homeownership Counseling Disclosure Is Present or Not Applicable - Due Diligence Vendor-05/15/2025 <br>Ready for Review-Document Uploaded. Uploaded for review - Seller-05/14/2025 <br>Open-Missing HCO list - Due Diligence Vendor-05/12/2025 | Ready for Review-Document Uploaded. Uploaded for review - Seller-05/14/2025<br>| Resolved-Homeownership Counseling Disclosure Is Present or Not Applicable - Due Diligence Vendor-05/15/2025<br>| xx_xx homeownership counseling disclosure.pdf |  |  | GA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Disclosure | Missing Intent to Proceed | Resolved-ITP provided, resolved. - Due Diligence Vendor-05/12/2025 <br>Ready for Review-Document Uploaded. Uploaded for review - Buyer-05/08/2025 <br>Open-Missing Signed Intent to Proceed Disclosure. Required on Primary Residence and Second Homes. Missing intend to proceed.<br> - Due Diligence Vendor-04/30/2025 |  | Resolved-ITP provided, resolved. - Due Diligence Vendor-05/12/2025<br>| xx_xx intent to proceed.pdf |  |  | GA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved- Delivery confirmation of appraisal confirmed. Resolved. - Due Diligence Vendor-05/12/2025 <br>Ready for Review-Document Uploaded. Uploaded for review - Seller-05/08/2025 <br>Open-The loan's (8.949%) APR equals or exceeds the Federal HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.66%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#720 and the Final Closing disclosure on Pg#484, Finding reflects escrows. Rate lock date was entered correctly – see Pg#761. An interior and exterior appraisal was completed for this property – see Pg#38, the appraisal disclosure was provided to the borrower(s)- see Pg#'760, 37, and confirmation the appraisal was delivered to the borrower – see Pg#37. \*\*Missing delivery confirmation of appraisal.\*\* - Due Diligence Vendor-04/30/2025 | Ready for Review-Document Uploaded. Uploaded for review - Seller-05/08/2025<br>| Resolved- Delivery confirmation of appraisal confirmed. Resolved. - Due Diligence Vendor-05/12/2025<br>| xx_xx 3DAY AIR.pdf |  |  | GA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Waived-Exception Approved - Due Diligence Vendor-05/07/2025 <br>Unable to Resolve-Unable to Resolve-DH approves exception - Buyer-05/06/2025 <br>Open-Income and Employment Do Not Meet Guidelines Exception on page 984, 811-812, 836-837 for current business in existence for <2 years is approved. Borrower has 4 years in the field, but LLC formed in 1/24. <br> - Due Diligence Vendor-05/01/2025 |  | Waived-Exception Approved - Due Diligence Vendor-05/07/2025<br>|  |  | DTI - File has 21.57%. Maximum allowed per guidelines is 50%.<br> Residual Income - file has is $9765.59. Minimum Residual Income required per guidelines is $2500. <br> FICO Score - File has722, Minimum per guidelines is 680.<br>| GA | Primary Residence | Purchase | NA | XXXX | Investor Post-Close | No |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Revised LE, Initial CD and Disclosure Tracking Summary received - Due Diligence Vendor-05/09/2025 <br>Ready for Review-Document Uploaded. - Seller-05/08/2025 <br>Open-TRID: Missing Closing Disclosure Initial CD Missing in file, Unable to RUN Mavent - Due Diligence Vendor-05/04/2025 | Ready for Review-Document Uploaded. - Seller-05/08/2025<br>| Resolved-Revised LE, Initial CD and Disclosure Tracking Summary received - Due Diligence Vendor-05/09/2025<br>| XXXX |  |  | GA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (9.439%) APR equals or exceeds the Federal HPML threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.7%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)). Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on page 218 and the Final Closing disclosure on page 118 reflects escrows. Rate lock date was entered correctly – see page 240. An interior and exterior appraisal was completed for this property – see page 24, the appraisal disclosure was provided to the borrower(s)- see page 277 and copy of the appraisal was given to the borrower – see page 23. The loan meets HPML guidelines. - Due Diligence Vendor-05/09/2025 |  | Resolved-The loan's (9.439%) APR equals or exceeds the Federal HPML threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.7%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)). Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on page 218 and the Final Closing disclosure on page 118 reflects escrows. Rate lock date was entered correctly – see page 240. An interior and exterior appraisal was completed for this property – see page 24, the appraisal disclosure was provided to the borrower(s)- see page 277 and copy of the appraisal was given to the borrower – see page 23. The loan meets HPML guidelines. - Due Diligence Vendor-05/09/2025<br>|  |  |  | GA | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s _424___ and the Final Closing disclosure on Pg#'s _109___ reflects escrows. Rate lock date was entered correctly – see Pg#'s __443___ An interior and exterior appraisal was completed for this property – see pg __18__ , the appraisal disclosure was provided to the borrower(s)- see Pg#'s_497__ , and copy of the appraisal was given to the borrower – see Pg#'s __500___ for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-05/12/2025 <br>Open-The loan's (8.356%) APR equals or exceeds the Federal HPML threshold of (8.31%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.81%).(12 CFR 1026.35(a)(1)(i)) open - Due Diligence Vendor-05/12/2025 |  | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s _424___ and the Final Closing disclosure on Pg#'s _109___ reflects escrows. Rate lock date was entered correctly – see Pg#'s __443___ An interior and exterior appraisal was completed for this property – see pg __18__ , the appraisal disclosure was provided to the borrower(s)- see Pg#'s_497__ , and copy of the appraisal was given to the borrower – see Pg#'s __500___ for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-05/12/2025<br>|  |  |  | VA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-the initial CD was provided - Due Diligence Vendor-05/12/2025 <br>Ready for Review-Document Uploaded. Attached. - Seller-05/09/2025 <br>Open-TRID: Missing Closing Disclosure initial CD is missing in the file . Provide initial CD - Due Diligence Vendor-05/07/2025 | Ready for Review-Document Uploaded. Attached. - Seller-05/09/2025<br>| Resolved-the initial CD was provided - Due Diligence Vendor-05/12/2025<br>| Initial CD.pdf |  |  | VA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Exception Approved - Due Diligence Vendor-05/12/2025 <br>Ready for Review-Document Uploaded. Attached. - Seller-05/09/2025 <br>Open-Audited Reserves of 2.56 month(s) are less than Guideline Required Reserves of 3 month(s) Assets are not sufficient for no cash out . <br> The exception for short of reserves is on page 456. - Due Diligence Vendor-05/07/2025 | Ready for Review-Document Uploaded. Attached. - Seller-05/09/2025<br>| Resolved-Exception Approved - Due Diligence Vendor-05/12/2025<br>| Exception Form.pdf |  | 1- 42.61% DTI - 50% DTI is Maximum<br> 2- 805 FICO score - 700 FICO score required | VA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Requested Gap Credit Report Provided that is within the 10 Business days from closing hence resolved. - Due Diligence Vendor-05/12/2025 <br>Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-05/12/2025 <br>Ready for Review-Document Uploaded. Attached. - Seller-05/09/2025 <br>Open-Borrower 1 Gap Credit Report is Missing in the file . - Due Diligence Vendor-05/07/2025 | Ready for Review-Document Uploaded. Attached. - Seller-05/09/2025<br>| Resolved-Requested Gap Credit Report Provided that is within the 10 Business days from closing hence resolved. - Due Diligence Vendor-05/12/2025 <br>Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-05/12/2025<br>| GAP Credit.pdf |  |  | VA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | A | Data Edit | Data Edit | One or more borrowers Non-US Document Expiration Date is Expired | Resolved-In findings - Due Diligence Vendor-05/09/2025 <br> Ready for Review-Document Uploaded. Uploaded green card showing expiration date in Feb 2025 and I-797 Notice showing card has been extended for 48 months to Feb 2027 - Buyer-05/08/2025 <br> Open-One or more borrowers Non-US Document expired before the Note Date One or more borrowers Non-US Document expired before the Note Date - Due Diligence Vendor-04/30/2025 |  | Resolved-In findings - Due Diligence Vendor-05/09/2025<br>| XXXX |  |  | FL | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Business Purpose Affidavit is Missing | Resolved-Final Business Purpose Affidavit provided. Resolved - Due Diligence Vendor-05/09/2025 <br>Open-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Present', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. - Due Diligence Vendor-05/09/2025 <br>Ready for Review-Document Uploaded. Business Purpose Disclosure uploaded for review. - Buyer-05/08/2025 <br>Open-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator on the 1008 is 'Missing', and on the Business Purpose V2 Page is 'Missing'. Business Purpose Affidavit is required for a DSCR loan. Final Business Purpose Affidavit Disclosure - Due Diligence Vendor-04/30/2025 |  | Resolved-Final Business Purpose Affidavit provided. Resolved - Due Diligence Vendor-05/09/2025<br>| XXXX |  |  | FL | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Final HUD-1 or Final Settlement Statement Document is Missing | Resolved-Final HUD-1 Document is Present or Not Applicable - Due Diligence Vendor-05/07/2025 <br>Ready for Review-Document Uploaded. Please clarify what Total is not matching. Totals appear to match in the body of the HUD and the Total listed on the last page is the total of the payoffs which also appears to match. - Buyer-05/06/2025 <br>Open-Final HUD-1 Document is Missing. Total amount is not matching in the provided HUD-1 - Due Diligence Vendor-04/30/2025 |  | Resolved-Final HUD-1 Document is Present or Not Applicable - Due Diligence Vendor-05/07/2025<br>| XXXX |  |  | FL | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Requested Income calculation sheet provided with correct expense factor hence resolved. - Due Diligence Vendor-05/12/2025 <br>Resolved-Validation Resolved' - Due Diligence Vendor-05/12/2025 <br>Ready for Review-Document Uploaded. attached. - Buyer-05/09/2025 <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Requesting clarification. Worksheet provided on page #551 reflects expense factor as 50%, However, per CPA page #337 expense factor is 35% which results in an income discrepancy. Please provide corrected income worksheet if expense factor is 35%. - Due Diligence Vendor-05/02/2025 |  | Resolved-Requested Income calculation sheet provided with correct expense factor hence resolved. - Due Diligence Vendor-05/12/2025 <br>Resolved-Validation Resolved' - Due Diligence Vendor-05/12/2025<br>| Updated Income Calc.pdf |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Requested Gap Credit Report Provided that is within the 10 Business days from closing hence resolved.<br> - Due Diligence Vendor-05/12/2025 <br>Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-05/12/2025 <br>Ready for Review-Document Uploaded. attached - Buyer-05/09/2025 <br>Open-Borrower 1 Gap Credit Report is Missing Missing Gap report. - Due Diligence Vendor-05/02/2025 |  | Resolved-Requested Gap Credit Report Provided that is within the 10 Business days from closing hence resolved.<br> - Due Diligence Vendor-05/12/2025 <br>Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-05/12/2025<br>| Credit Look back.pdf |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (9.085%) APR equals or exceeds the Federal HPML threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.7%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 554 and the Final Closing disclosure on Pg#'s 267, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 603. An interior and exterior appraisal was completed for this property – see pg 22, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 21, and confirmation the appraisal was delivered to the borrower – see Pg#'s 20. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-05/01/2025 |  | Resolved-The loan's (9.085%) APR equals or exceeds the Federal HPML threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.7%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 554 and the Final Closing disclosure on Pg#'s 267, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 603. An interior and exterior appraisal was completed for this property – see pg 22, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 21, and confirmation the appraisal was delivered to the borrower – see Pg#'s 20. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-05/01/2025<br>|  |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Other Rider is Missing | Resolved-Lender provided revised Mtg removing the Business Loan Rider. Condition resolved. - Due Diligence Vendor-05/07/2025 <br>Ready for Review-Document Uploaded. rider was removed, see attached recorded mortgage - Buyer-05/06/2025 <br>Open-DOT Document Checked Other "Business Loan Rider" However "Business Loan Rider" is Missing in File. - Due Diligence Vendor-05/02/2025 |  | Resolved-Lender provided revised Mtg removing the Business Loan Rider. Condition resolved. - Due Diligence Vendor-05/07/2025<br>| Mortgage - Signed Mortgage - business rider removed.pdf |  |  | PA | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Acknowledged | 2 - Non-Material D B | Compliance | Missing Doc | The Final 1003 is Incomplete | Acknowledged-DH Acknowledges - Due Diligence Vendor-05/05/2025 <br>Unable to Resolve-Unable to Resolve-DH Agrees to waive; please downgrade to a Non-Material Grade 2.<br> - Buyer-05/05/2025 <br>Open-The Final 1003 is Incomplete The Note is Singed by a member of business entity. as per guidelines, business entity loans require additional LLC 1003 which is missing in file please advise. - Due Diligence Vendor-05/02/2025 |  | Acknowledged-DH Acknowledges - Due Diligence Vendor-05/05/2025<br>|  |  |  | PA | Investment | Refinance | Cash Out - Other | XXXX | Investor Post-Close | No |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Property | Appraisal | Property/Appraisal General | Resolved-Updated appraisal showing Non-Arm's length transaction. - Due Diligence Vendor-05/14/2025 <br>Ready for Review-Document Uploaded. Updated appraisal uploaded for review (showing Non-Arm's length transaction) - Buyer-05/13/2025 <br>Open-There is a Gift of Equity per the Gift letter and Contract Addendum however the Appraisal reflects Arm's length sale. - Due Diligence Vendor-05/02/2025 |  | Resolved-Updated appraisal showing Non-Arm's length transaction. - Due Diligence Vendor-05/14/2025<br>| XXXX |  |  | AZ | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Mavent | License: Loan Originator | Resolved-NMLS.consumer access updated and now reflects a relationship between XXXX) and the company XXXX. Resolved. - Due Diligence Vendor-05/12/2025 <br> Ready for Review-Document Uploaded. NMLS license showing relationship with XXXX uploaded for review. - Buyer-05/10/2025 <br> Open-A relationship between XXXX and the companyXXXXdoes not exist in the NMLS Consumer Access as of 2025-04-30. However, other relationship(s) were found in the NMLS Consumer Access for this individual and may be found in the NMLS Info section. A relationship between XXXX and the company XXXX does not exist in the NMLS Consumer Access as of 2025-04-30. However, other relationship(s) were found in the NMLS Consumer Access for this individual and may be found in the NMLS Info section. - Due Diligence Vendor-05/02/2025 |  | Resolved-NMLS.consumer access updated and now reflects a relationship between XXXX and the company (Company XXXX). Findings:XXXX. Resolved. - Due Diligence Vendor-05/12/2025 | XXXX |  |  | AZ | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (8.611%) APR equals or exceeds the Federal HPML threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.7%).(12 CFR 1026.35(a)(1)(i)) Requirements of HPML have been met. Resolved. - Due Diligence Vendor-05/02/2025 |  | Resolved-The loan's (8.611%) APR equals or exceeds the Federal HPML threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.7%).(12 CFR 1026.35(a)(1)(i)) Requirements of HPML have been met. Resolved. - Due Diligence Vendor-05/02/2025<br>|  |  |  | AZ | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Revised LE 4/16/2025, Initial CD 4/22/2025, COC 4/16/2025 and Disclosure Tracking Summary received - Due Diligence Vendor-05/22/2025 <br>Ready for Review-Document Uploaded. - Seller-05/21/2025 <br>Open-TRID: Missing Closing Disclosure Provide Initial CD, related COC and Disclosure Tracking Summary - Due Diligence Vendor-05/20/2025 | Ready for Review-Document Uploaded. - Seller-05/21/2025<br>| Resolved-Revised LE 4/16/2025, Initial CD 4/22/2025, COC 4/16/2025 and Disclosure Tracking Summary received - Due Diligence Vendor-05/22/2025<br>| XXXX |  |  | AZ | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Confirmation of Rate Lock received - Due Diligence Vendor-05/22/2025 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-05/22/2025 <br>Ready for Review-Document Uploaded. - Seller-05/21/2025 <br>Open-Evidence of Rate Lock Missing Provide Confirmation of Rate Lock - Due Diligence Vendor-05/21/2025 | Ready for Review-Document Uploaded. - Seller-05/21/2025<br>| Resolved-Confirmation of Rate Lock received - Due Diligence Vendor-05/22/2025 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-05/22/2025<br>| XXXX |  |  | AZ | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (8.816%) APR equals or exceeds the Federal HPML threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.7%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)). Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on page 350 and the Final Closing disclosure on page 225 reflects escrows. Rate lock date was entered correctly – see Findings. An interior and exterior appraisal was completed for this property – see page 28, the appraisal disclosure was provided to the borrower(s)- see page 437 and copy of the appraisal was given to the borrower – see page 261. The loan meets HPML guidelines. - Due Diligence Vendor-05/22/2025 |  | Resolved-The loan's (8.816%) APR equals or exceeds the Federal HPML threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.7%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)). Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on page 350 and the Final Closing disclosure on page 225 reflects escrows. Rate lock date was entered correctly – see Findings. An interior and exterior appraisal was completed for this property – see page 28, the appraisal disclosure was provided to the borrower(s)- see page 437 and copy of the appraisal was given to the borrower – see page 261. The loan meets HPML guidelines. - Due Diligence Vendor-05/22/2025<br>|  |  |  | AZ | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved- - Due Diligence Vendor-05/19/2025 <br>Ready for Review-Document Uploaded. Attached. - Seller-05/16/2025 <br>Open-TRID: Missing Closing Disclosure Initial closing disclosure is missing in file, to run the compliance we need initial CD. - Due Diligence Vendor-05/10/2025 | Ready for Review-Document Uploaded. Attached. - Seller-05/16/2025<br>|  | CD.pdf |  | received the initial CD | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance (50001252) | Resolved-Resolved - Due Diligence Vendor-05/19/2025 <br>Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Verification Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). - Due Diligence Vendor-05/19/2025 <br>Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Points - Loan Discount Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). - Due Diligence Vendor-05/19/2025 |  | Resolved-Resolved - Due Diligence Vendor-05/19/2025<br>|  |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Predatory:Restrictions | Federal - Section 32 Disclosure Required (High Cost) | Resolved-Fees were correctly identified - Due Diligence Vendor-05/19/2025 <br>Open-This is a Federal High Cost Loan. Since the loan file does not contain a Section 32 Sign Date, the System assumes the creditor did not furnish the Federal High Cost Section 32 disclosures at least 3 business days prior to consummation, in violation of Reg Z. (12 CFR 1026.31(c) and 1026.32(c)) open - Due Diligence Vendor-05/19/2025 |  | Resolved-Fees were correctly identified - Due Diligence Vendor-05/19/2025<br>|  |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Mavent | Tolerance: Disclosure | Resolved- - Due Diligence Vendor-05/19/2025 <br>Open-There are ($895.00) of fees paid to the lender disclosed under Loan Estimate Section B "Services You Cannot Shop For" or Closing Disclosure Section B "Services Borrower Did Not Shop For". Under Regulation Z, charges included under Section B on the Loan Estimate and Closing Disclosure are charges the consumer will pay for settlement services for which the consumer cannot shop and did not shop that are provided by persons other than the creditor or mortgage broker. (12 CFR 1026.37(f)(2); 12 CFR 1026.38(f)(2)) - Due Diligence Vendor-05/19/2025 |  | Resolved- - Due Diligence Vendor-05/19/2025<br>|  |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Predatory:LateFees | Federal - Maximum Late Fee (01/14) | Resolved-Fees were correctly identified - Due Diligence Vendor-05/19/2025 <br>Open-You submitted a late fee amount of ($72.31) and a (5.0%) Late Fee Percent. In connection with a Federal High-Cost Mortgage any late payment charge must be specifically permitted by the terms of the loan contract or open-end credit agreement and may not exceed 4% of the amount of the payment past due. No such charge may be imposed more than once for a single late payment. (12 CFR 1026.34(a)(8)(i)) open - Due Diligence Vendor-05/19/2025 |  | Resolved-Fees were correctly identified - Due Diligence Vendor-05/19/2025<br>|  |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Mavent | HighCost: APR/FEES | Resolved-Fees were correctly identified - Due Diligence Vendor-05/19/2025 <br> Open-The loan fees ($**XXXX**) exceed the (FED2014) (Note Amount >=$XXXX) fee limit, which is 5% of the Total Loan Amount (XXXX, the difference is ($XXXX). (12 CFR 1026.32). - Due Diligence Vendor-05/19/2025 |  | Resolved-Fees were correctly identified - Due Diligence Vendor-05/19/2025<br>|  |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-1008 document Provided. - Due Diligence Vendor-05/19/2025 <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-05/19/2025 <br>Ready for Review-Document Uploaded. Attached. - Seller-05/16/2025 <br>Open-The 1008 document is missing from the loan file. 1008 document is missing in file. - Due Diligence Vendor-05/10/2025 | Ready for Review-Document Uploaded. Attached. - Seller-05/16/2025<br>| Resolved-1008 document Provided. - Due Diligence Vendor-05/19/2025 <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-05/19/2025<br>| 1008.pdf |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Ineligible Housing History per program guidelines | Waived-Exception Approved - Due Diligence Vendor-05/20/2025 <br>Ready for Review-Document Uploaded. - Seller-05/19/2025 <br>Open-Housing History Does Not Meet Guideline Requirements We only have 6 Months of Housing History but as per Guidelines we need min of 12 Months Housing History, Provide additional 6 Months Housing payment proofs. - Due Diligence Vendor-05/13/2025 | Ready for Review-Document Uploaded. - Seller-05/19/2025<br>| Waived-Exception Approved - Due Diligence Vendor-05/20/2025<br>| Workman Exception.pdf |  | 1- 10.76 months reserves - 2 months reserves required<br> 2- the down payment was borrowers own funds with no gifts given<br> 3- 1.032 DSCR Score - 1.00 DSCR is the minimum | FL | Investment | Purchase | NA | XXXX | Originator Post-Close | Yes |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 4 Does Not Meet Guideline Requirements | Resolved-Asset 4 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-05/16/2025 <br>Resolved-Asset 4 Meets Guideline Requirements Or Not Applicable - Evidence of wire provided, resolved. - Due Diligence Vendor-05/16/2025 <br>Ready for Review-Document Uploaded. - Buyer-05/15/2025 <br>Open-Asset 4 Does Not Meet Guideline Requirements Missing evidence of gift funds wired to the title company - Due Diligence Vendor-05/13/2025 |  | Resolved-Asset 4 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-05/16/2025 <br>Resolved-Asset 4 Meets Guideline Requirements Or Not Applicable - Evidence of wire provided, resolved. - Due Diligence Vendor-05/16/2025<br>| XXXX |  |  | TX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Property | Property | Flip or Rapid Resale of Property | Resolved-Second appraisal provided and updated to property page. Resolved. - Due Diligence Vendor-05/15/2025 <br>Ready for Review-Document Uploaded. Two appraisals were provided. Property is a flip. - Buyer-05/14/2025 <br>Open-Prior sale info is not available. Per appraisal property was transferred twice in the past year and remodeled and sold. However the sales price is not available. Unable to determine if property is a flip - Due Diligence Vendor-05/13/2025 |  | Resolved-Second appraisal provided and updated to property page. Resolved. - Due Diligence Vendor-05/15/2025<br>| XXXX |  |  | TX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (9.495%) APR equals or exceeds the Federal HPML threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.7%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 531 and the Final Closing disclosure on Pg#'s 230, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 579. An interior and exterior appraisal was completed for this property – see pg 139, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 221, 830 and confirmation the appraisal was delivered to the borrower – see Pg#'s 312. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-05/07/2025 |  | Resolved-The loan's (9.495%) APR equals or exceeds the Federal HPML threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.7%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 531 and the Final Closing disclosure on Pg#'s 230, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 579. An interior and exterior appraisal was completed for this property – see pg 139, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 221, 830 and confirmation the appraisal was delivered to the borrower – see Pg#'s 312. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-05/07/2025<br>|  |  |  | TX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Audited Reserves of 74.15 month(s) are greater than or equal to Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-05/24/2025 <br>Resolved-Lender provided quarterly statement confirming assets meet reserve requirement. Finding resolved. - Due Diligence Vendor-05/24/2025 <br>Ready for Review-Document Uploaded. - Buyer-05/23/2025 <br>Open-Audited Reserves of 0.72 month(s) are less than Guideline Required Reserves of 6 month(s) Provide additional asset documentation for reserves. - Due Diligence Vendor-05/12/2025 |  | Resolved-Audited Reserves of 74.15 month(s) are greater than or equal to Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-05/24/2025 <br>Resolved-Lender provided quarterly statement confirming assets meet reserve requirement. Finding resolved. - Due Diligence Vendor-05/24/2025<br>| XXXX |  |  | TX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset General | Resolved-Lender provided quarterly statement confirming assets meet reserve requirement. Finding resolved. - Due Diligence Vendor-05/24/2025 <br> Ready for Review-Document Uploaded. - Seller-05/23/2025 <br> Open-Asset in Final 1003 shows Stock LPL FIN with balance $XXXX but no evidence of assets in file. Provide related assets. - Due Diligence Vendor-05/12/2025 | Ready for Review-Document Uploaded. - Seller-05/23/2025<br>| Resolved-Lender provided quarterly statement confirming assets meet reserve requirement. Finding resolved. - Due Diligence Vendor-05/24/2025<br>| XXXX |  |  | TX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Credit | Tradeline minimum has not met guidelines | Waived-Lender provided approved exception in file, p. 2543, for co-bwr only having 2 recently active tradelines > 12 mo reviewed. Co-bwr also has 2 other current active tradelines with 6 and 10 mo reviewed and older positive references going back to 2006. Bwr 1 meets tradeline requirements. Bwr's have equal income from 50/50 ownership in same business. Finding waived. - Due Diligence Vendor-05/13/2025 |  | Waived-Lender provided approved exception in file, p. 2543, for co-bwr only having 2 recently active tradelines > 12 mo reviewed. Co-bwr also has 2 other current active tradelines with 6 and 10 mo reviewed and older positive references going back to 2006. Bwr 1 meets tradeline requirements. Bwr's have equal income from 50/50 ownership in same business. Finding waived. - Due Diligence Vendor-05/13/2025<br>|  |  | Audited LTV 80%, Guideline LTV 90%<br> Qualifying FICO 774, Guideline FICO 740<br> Audited DTI 47.02%, Guideline DTI 50% | TX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Income/Employment | Income/Employment General | Waived-Lender provided approved exception in file, p. 2543, for bwrs S/E 12 mo vs 24. Business is wealth management as independent financial consultant with XXXX. XXXX deposits are commission paid from XXXX. Bwr 1 has prior experience in field with XXXX Exception approval subject to VOE documenting prior employment per XXXX in same field. Deposits to bank statements are stable and consistent. Finding waived. - Due Diligence Vendor-05/13/2025 |  | Waived-Lender provided approved exception in file, p. 2543, for bwrs S/E 12 mo vs 24. Business is wealth management as independent financial consultant with LPL. Bwr's deposits are commission paid from XXXX Bwr 1 has prior experience in field with XXXX Exception approval subject to VOE documenting prior employment per XXXX in same field. Deposits to bank statements are stable and consistent. Finding waived. - Due Diligence Vendor-05/13/2025 |  |  | Audited LTV 80%, Guideline LTV 90%<br> Qualifying FICO 774, Guideline FICO 740<br> Audited DTI 47.02%, Guideline DTI 50% | TX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (8.269%) APR equals or exceeds the Federal HPML threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.7%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s1155 and the Final Closing disclosure on Pg#'s635-640, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s1302. An interior and exterior appraisal was completed for this property – see pg145, the appraisal disclosure was provided to the borrower(s)- see Pg#'s237-244, and confirmation the appraisal was delivered to the borrower – see Pg#'s237-244. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-05/12/2025 |  | Resolved-The loan's (8.269%) APR equals or exceeds the Federal HPML threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.7%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s1155 and the Final Closing disclosure on Pg#'s635-640, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s1302. An interior and exterior appraisal was completed for this property – see pg145, the appraisal disclosure was provided to the borrower(s)- see Pg#'s237-244, and confirmation the appraisal was delivered to the borrower – see Pg#'s237-244. The loan meets HPML guidelines, resolved. <br> - Due Diligence Vendor-05/12/2025<br>|  |  |  | TX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Federal - Loan Estimate Disclosure Date on or after Closing Disclosure Date | Resolved-Corrections were made base off the documents provided in Findings and Mavent re-run which resolved this issue. - Due Diligence Vendor-05/23/2025 <br>Ready for Review-Document Uploaded. - Buyer-05/21/2025 <br>Ready for Review-Document Uploaded. Seller says the 4/16 LE was issued in error and not sent to the borrower. - Seller-05/20/2025 <br>Counter-There is a revised LE dated 4/16/2025 on p 467 which is the same date as the Initial CD provided on p 245. Under Regulation Z, a creditor shall not provide a revised version of the Loan Estimate on or after the date on which a creditor provides the Closing Disclosure. (12 CFR 1026.19(e)(4)(ii)). - Due Diligence Vendor-05/19/2025 <br>Ready for Review-Document Uploaded. LE from 3-7 uploaded for review. - Seller-05/14/2025 <br>Open-The Last Loan Estimate was provided on (2025-04-16) which is on or after (2025-04-16), the date on which the Initial Closing Disclosure was provided. Under Regulation Z, a creditor shall not provide a revised version of the Loan Estimate on or after the date on which a creditor provides the Closing Disclosure. (12 CFR 1026.19(e)(4)(ii)). - Due Diligence Vendor-05/08/2025 | Ready for Review-Document Uploaded. Seller says the 4/16 LE was issued in error and not sent to the borrower. - Seller-05/20/2025 <br>Ready for Review-Document Uploaded. LE from 3-7 uploaded for review. - Seller-05/14/2025<br>| Resolved-Corrections were made base off the documents provided in Findings and Mavent re-run which resolved this issue. - Due Diligence Vendor-05/23/2025<br>| XXXX Loan Estimate 3-7.pdf<br> XXXXLE error confirmation.pdf<br> XXXXerror.pdf |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Homeownership Counseling Disclosure Is Missing | Resolved-Homeownership Counseling Disclosure provided in XXXX. Resolved. - Due Diligence Vendor-05/19/2025 <br> Resolved-Homeownership Counseling Disclosure Is Present or Not Applicable - Due Diligence Vendor-05/19/2025 <br> Ready for Review-Document Uploaded. Document Uploaded. HO Counseling Disclosure uploaded for review. - Buyer-05/19/2025 <br> Open-The Homeownership Counseling Disclosure Is Missing. - Due Diligence Vendor-05/13/2025 |  | Resolved-Homeownership Counseling Disclosure provided in XXXX Resolved. - Due Diligence Vendor-05/19/2025 <br> Resolved-Homeownership Counseling Disclosure Is Present or Not Applicable - Due Diligence Vendor-05/19/2025 | XXXX |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information B A | Credit | Doc Issue | Affiliated Business Arrangement Disclosure Statement is Missing | Resolved-Direct Mortgage Investors Inc has no affiliated business relationships - Findings: XXXX and XXXX. - Due Diligence Vendor-05/19/2025 <br> Ready for Review-Document Uploaded. I obtained a more official letter from the seller regarding this and uploaded it as well. - Seller-05/19/2025 <br> Ready for Review-Document Uploaded. - Seller-05/19/2025 <br> Ready for Review-Seller does not have Affiliated Businesses so does not utilize this disclosure. - Seller-05/19/2025 <br> Ready for Review-Sorry uploaded to the wrong condition. - Seller-05/19/2025 <br> Ready for Review-Document Uploaded. HO Counseling Disclosure uploaded for review. - Seller-05/19/2025 <br> Open-Affiliated Business Arrangement Disclosure Statement is Missing.<br> - Due Diligence Vendor-05/09/2025 | Ready for Review-Document Uploaded. I obtained a more official letter from the seller regarding this and uploaded it as well. - Seller-05/19/2025 <br>Ready for Review-Document Uploaded. - Seller-05/19/2025 <br>Ready for Review-Seller does not have Affiliated Businesses so does not utilize this disclosure. - Seller-05/19/2025 <br>Ready for Review-Sorry uploaded to the wrong condition. - Seller-05/19/2025 <br>Ready for Review-Document Uploaded. HO Counseling Disclosure uploaded for review. - Seller-05/19/2025<br>| Resolved-Direct Mortgage Investors Inc has no affiliated business relationships - Findings: **XXXX**. - Due Diligence Vendor-05/19/2025 | XXXX |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-05/19/2025 <br>Ready for Review-Document Uploaded. Gap report uploaded for review. - Seller-05/19/2025 <br>Open-Borrower 1 Gap Credit Report is Missing B1 Gap CR is missing. - Due Diligence Vendor-05/08/2025 | Ready for Review-Document Uploaded. Gap report uploaded for review. - Seller-05/19/2025<br>| Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-05/19/2025<br>| XXXX |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | Maryland - Higher Priced Mortgage Loan (First Lien 06/2013)(Conforming) | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 395 and the Final Closing disclosure on Pg#'s 229, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 473. An interior and exterior appraisal was completed for this property – see pg 107, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 472, and confirmation the appraisal was delivered to the borrower provided in Findings. This loan meets HPML requirements. Resolved. - Due Diligence Vendor-05/16/2025 <br> Ready for Review-Document Uploaded. Appraisal Delivery form uploaded for review - Buyer-05/14/2025 <br> Open-Under the Regulations adopted by the Maryland Commissioner of Financial Regulation, as applicable to Mortgage Lenders, this is a Higher-Priced Mortgage. The loan's APR of (8.401%) equals or exceeds the Maryland Higher-Priced Mortgage threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.7%). (COMAR 09.03.06.02(B)(13); 12 CFR 1026.35(a)(1)(i)) Provide proof that the appraisal was delivered to the borrower. <br> This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 395 and the Final Closing disclosure on Pg#'s 229, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 473. An interior and exterior appraisal was completed for this property – see pg 107, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 472, and confirmation the appraisal was delivered to the borrower – missing. Provide proof that the appraisal was delivered to the borrower. <br> - Due Diligence Vendor-05/08/2025 |  | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 395 and the Final Closing disclosure on Pg#'s 229, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 473. An interior and exterior appraisal was completed for this property – see pg 107, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 472, and confirmation the appraisal was delivered to the borrower provided in Findings. This loan meets HPML requirements. Resolved. - Due Diligence Vendor-05/16/2025<br>| XXXX |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 395 and the Final Closing disclosure on Pg#'s 229, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 473. An interior and exterior appraisal was completed for this property – see pg 107, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 472, and confirmation the appraisal was delivered to the borrower provided in Findings. This loan meets HPML requirements. Resolved. - Due Diligence Vendor-05/16/2025 <br>Ready for Review-Document Uploaded. Appraisal Delivery Form uploaded for review. - Seller-05/14/2025 <br>Open-The loan's (8.401%) APR equals or exceeds the Federal HPML threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.7%).(12 CFR 1026.35(a)(1)(i)) Provide proof that the appraisal was delivered to the borrower. <br> This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 395 and the Final Closing disclosure on Pg#'s 229, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 473. An interior and exterior appraisal was completed for this property – see pg 107, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 472, and confirmation the appraisal was delivered to the borrower – missing. Provide proof that the appraisal was delivered to the borrower. <br> - Due Diligence Vendor-05/08/2025 | Ready for Review-Document Uploaded. Appraisal Delivery Form uploaded for review. - Seller-05/14/2025<br>| Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 395 and the Final Closing disclosure on Pg#'s 229, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 473. An interior and exterior appraisal was completed for this property – see pg 107, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 472, and confirmation the appraisal was delivered to the borrower provided in Findings. This loan meets HPML requirements. Resolved. - Due Diligence Vendor-05/16/2025<br>| XXXX |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Borrower 1 ITIN Information | Resolved-Letter showing ITIN active provided in Findings: XXXX. Resolved. - Due Diligence Vendor-05/15/2025 <br> Ready for Review-Document Uploaded. Letter showing ITIN active uploaded for review. - Seller-05/14/2025 <br> Open-UW noted on p 431, Borrower - ITIN - ITIN expired as of 12/31/2017. Provide unexpired ITIN card (or IRS assignment letter). - Due Diligence Vendor-05/13/2025 | Ready for Review-Document Uploaded. Letter showing ITIN active uploaded for review. - Seller-05/14/2025<br>| Resolved-Letter showing ITIN active provided in Findings:XXXX Resolved. - Due Diligence Vendor-05/15/2025 | XXXX |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset General | Resolved-$5k initial EM, $11,100 additional deposit from borrower on 3/19/25, XXXX balances of $10,000.06 & $1628.65 = $27,728.71 meets DP requirements. Resolved. - Due Diligence Vendor-05/15/2025 <br> Ready for Review-Document Uploaded. Please include $5,000 EMD from borrower - Seller-05/14/2025 <br> Open-Minimum Borrower Contribution: borrowers must document a minimum of 5% (of the sales price) of their own funds on purchase transactions. Borrower funds of $11,628.25 verified is less than the 5% minimum contribution. - Due Diligence Vendor-05/13/2025 | Ready for Review-Document Uploaded. Please include $5,000 EMD from borrower - Seller-05/14/2025<br>| Resolved-$5k initial EM, $11,100 additional deposit from borrower on 3/19/25, XXXX balances of $10,000.06 & $1628.65 = $27,728.71 meets DP requirements. Resolved. - Due Diligence Vendor-05/15/2025 | XXXX |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 6 Does Not Meet Guideline Requirements | Resolved-Closing Funds letter & Wire proof for $XXXXprovided. Asset 6 Meets Guideline Requirements. - Due Diligence Vendor-05/15/2025 <br> Resolved-Asset 6 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-05/15/2025 <br> Ready for Review-Document Uploaded. $XXXXis not a gift. It is an early deposit from the borrower. Closing Funds letter uploaded for review. - Seller-05/14/2025 <br> Open-Asset 6 Does Not Meet Guideline Requirements The Gift Letter reflecting $XXXXis missing. - Due Diligence Vendor-05/09/2025 | Ready for Review-Document Uploaded. $11,100 is not a gift. It is an early deposit from the borrower. Closing Funds letter uploaded for review. - Seller-05/14/2025<br>| Resolved-Closing Funds letter & Wire proof for $11,100 provided. Asset 6 Meets Guideline Requirements. - Due Diligence Vendor-05/15/2025 <br>Resolved-Asset 6 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-05/15/2025<br>| XXXX |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | California - Higher Priced Mortgage Loan (First Lien 06/2013)(Conforming) | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s _202___ and the Final Closing disclosure on Pg#'s __87__ reflects escrows. Rate lock date was entered correctly – see Pg#'s _220____ An interior and exterior appraisal was completed for this property – see pg _22___ , the appraisal disclosure was provided to the borrower(s)- see Pg#'s_203__ , and copy of the appraisal was given to the borrower – see Pg#'s __235___ for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-05/22/2025 <br>Open-This is a California Higher-Priced Mortgage Loan (HPML). The loan's APR of (8.418%) equals or exceeds the California HPML threshold of (8.12%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.62%).(Cal. Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(i)) open - Due Diligence Vendor-05/22/2025 |  | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s _202___ and the Final Closing disclosure on Pg#'s __87__ reflects escrows. Rate lock date was entered correctly – see Pg#'s _220____ An interior and exterior appraisal was completed for this property – see pg _22___ , the appraisal disclosure was provided to the borrower(s)- see Pg#'s_203__ , and copy of the appraisal was given to the borrower – see Pg#'s __235___ for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-05/22/2025<br>|  |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s _202___ and the Final Closing disclosure on Pg#'s __87__ reflects escrows. Rate lock date was entered correctly – see Pg#'s _220____ An interior and exterior appraisal was completed for this property – see pg _22___ , the appraisal disclosure was provided to the borrower(s)- see Pg#'s_203__ , and copy of the appraisal was given to the borrower – see Pg#'s __235___ for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-05/22/2025 <br>Open-The loan's (8.418%) APR equals or exceeds the Federal HPML threshold of (8.12%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.62%).(12 CFR 1026.35(a)(1)(i)) open - Due Diligence Vendor-05/22/2025 |  | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s _202___ and the Final Closing disclosure on Pg#'s __87__ reflects escrows. Rate lock date was entered correctly – see Pg#'s _220____ An interior and exterior appraisal was completed for this property – see pg _22___ , the appraisal disclosure was provided to the borrower(s)- see Pg#'s_203__ , and copy of the appraisal was given to the borrower – see Pg#'s __235___ for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-05/22/2025<br>|  |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Received the initial CD's - Due Diligence Vendor-05/22/2025 <br>Ready for Review-Document Uploaded. - Seller-05/21/2025 <br>Open-TRID: Missing Closing Disclosure Initial closing disclosure is missing in file, to run the compliance we need initial CD. - Due Diligence Vendor-05/19/2025 | Ready for Review-Document Uploaded. - Seller-05/21/2025<br>| Resolved-Received the initial CD's - Due Diligence Vendor-05/22/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)). Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on page 149 and the Final Closing disclosure on page 67 reflects escrows. Rate lock date was entered correctly – see Findings. An interior and exterior appraisal was completed for this property – see page 13, the appraisal disclosure was provided to the borrower(s)- see is in Initial Disc page 65 and copy of the appraisal was given to the borrower – see page 183-184. The loan meets HPML guidelines. - Due Diligence Vendor-05/22/2025 <br> Ready for Review-Document Uploaded. - Seller-05/22/2025 <br> Counter-Evidence of Appraisal Delivery received. Provide the Notice of the Right to Receive a Copy of the Appraisal Disclosure (usually provided in Initial Disclosures) - Due Diligence Vendor-05/22/2025 <br> Ready for Review-Document Uploaded. - Seller-05/21/2025 <br> Open-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)). Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on page 149 and the Final Closing disclosure on page 67 reflects escrows. Rate lock date was entered correctly – see Findings. An interior and exterior appraisal was completed for this property – see page 13, the appraisal disclosure was provided to the borrower(s)- see is Missing and copy of the appraisal was given to the borrower – see page 183-184. The loan does not meet HPML guidelines. Provide the Notice of the Right to Receive a Copy of the Appraisal Disclosure - Due Diligence Vendor-05/21/2025 <br> Open-The loan's (8.811%) APR equals or exceeds the Federal HPML threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.7%).(12 CFR 1026.35(a)(1)(i)) . - Due Diligence Vendor-05/21/2025 | Ready for Review-Document Uploaded. - Seller-05/22/2025 <br>Ready for Review-Document Uploaded. - Seller-05/21/2025<br>| Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)). Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on page 149 and the Final Closing disclosure on page 67 reflects escrows. Rate lock date was entered correctly – see Findings. An interior and exterior appraisal was completed for this property – see page 13, the appraisal disclosure was provided to the borrower(s)- see is in Initial Disc page 65 and copy of the appraisal was given to the borrower – see page 183-184. The loan meets HPML guidelines. - Due Diligence Vendor-05/22/2025<br>| XXXX |  |  | CO | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Tolerance Cure (50001028) | Resolved-Revised LE's dated 4/16/2025, COC's dated 4/15/2025 and 4/162025 received - Due Diligence Vendor-05/22/2025 <br> Ready for Review-Document Uploaded. - Seller-05/21/2025 <br> Open-Loan Amount increased from the Initial LE dated 4/8/2025 iao $XXXXo the Initial CD dated XXXX iao $7XXXXwith Broker Fee's that increased from $XXXX8 (a variance of $XXXX). Provide a COC that reflects the Loan Amount and Broker Fee increases. - Due Diligence Vendor-05/21/2025 <br> Open-A Lender Credit for Excess Charges of ($XXXX), Principal Reduction for Excess Charges of ($XXXX), and general or specific lender credit increases of ($50.40) were applied to the total fee variance of (XXXX) between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. - Due Diligence Vendor-05/21/2025 | Ready for Review-Document Uploaded. - Seller-05/21/2025<br>| Resolved-Revised LE's dated 4/16/2025, COC's dated 4/15/2025 and 4/162025 received - Due Diligence Vendor-05/22/2025<br>| XXXX |  |  | CO | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Loan Estimate | Resolved-Initial LE dated 4/8/2025 received - Due Diligence Vendor-05/21/2025 <br>Ready for Review-Document Uploaded. Attached. - Seller-05/20/2025 <br>Open-Provide Initial Loan Estimate - Due Diligence Vendor-05/14/2025 | Ready for Review-Document Uploaded. Attached. - Seller-05/20/2025<br>| Resolved-Initial LE dated 4/8/2025 received - Due Diligence Vendor-05/21/2025<br>| Initial LE.pdf |  |  | CO | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Initial CD 4/29/2025, Revised CD 4/30/2025, COC dated 4/30/2025 and Disclosure Tracking Summaries received - Due Diligence Vendor-05/21/2025 <br>Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-05/21/2025 <br>Ready for Review-Document Uploaded. Attached. - Seller-05/20/2025 <br>Open-TRID: Missing Closing Disclosure Provide Missing Initial CD, related COC and Disclosure Tracking Summary - Due Diligence Vendor-05/19/2025 | Ready for Review-Document Uploaded. Attached. - Seller-05/20/2025<br>| Resolved-Initial CD 4/29/2025, Revised CD 4/30/2025, COC dated 4/30/2025 and Disclosure Tracking Summaries received - Due Diligence Vendor-05/21/2025 <br>Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-05/21/2025<br>| 4.30 CD.pdf<br>Disclosure Tracking.pdf<br>4.29 CD.pdf |  |  | CO | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-Initial 1003 received - Due Diligence Vendor-05/21/2025 <br>Resolved-The Initial 1003 is Present - Due Diligence Vendor-05/21/2025 <br>Ready for Review-Document Uploaded. Attached. - Seller-05/20/2025 <br>Open-The Initial 1003 is Missing Provide Initial 1003 - Due Diligence Vendor-05/14/2025 | Ready for Review-Document Uploaded. Attached. - Seller-05/20/2025<br>| Resolved-Initial 1003 received - Due Diligence Vendor-05/21/2025 <br>Resolved-The Initial 1003 is Present - Due Diligence Vendor-05/21/2025<br>| Initial 1003.pdf |  |  | CO | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-Purchase Sales Contract received - Due Diligence Vendor-05/21/2025 <br>Resolved-Purchase Contract Doc is not Missing, or is Not Applicable. - Due Diligence Vendor-05/21/2025 <br>Ready for Review-Document Uploaded. Attached. - Seller-05/20/2025 <br>Open-Loan Purpose is Purchase but Purchase Contract Doc is Missing Provide Purchase Sales Contract - Due Diligence Vendor-05/14/2025 | Ready for Review-Document Uploaded. Attached. - Seller-05/20/2025<br>| Resolved-Purchase Sales Contract received - Due Diligence Vendor-05/21/2025 <br>Resolved-Purchase Contract Doc is not Missing, or is Not Applicable. - Due Diligence Vendor-05/21/2025<br>| Purchase Contract.pdf |  |  | CO | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Confirmation of Rate Lock received - Due Diligence Vendor-05/21/2025 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-05/21/2025 <br>Ready for Review-Document Uploaded. Attached. - Seller-05/20/2025 <br>Open-Evidence of Rate Lock Missing Provide Confirmation of Rate Lock - Due Diligence Vendor-05/14/2025 | Ready for Review-Document Uploaded. Attached. - Seller-05/20/2025<br>| Resolved-Confirmation of Rate Lock received - Due Diligence Vendor-05/21/2025 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-05/21/2025<br>| Lock.pdf |  |  | CO | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-ABAD received - Due Diligence Vendor-05/21/2025 <br>Ready for Review-Document Uploaded. Attached. - Seller-05/20/2025 <br>Open-Provide Affiliated Business Affidavit Disclosure - Due Diligence Vendor-05/14/2025 | Ready for Review-Document Uploaded. Attached. - Seller-05/20/2025<br>| Resolved-ABAD received - Due Diligence Vendor-05/21/2025<br>| Affiliated Business Disclosure.pdf |  |  | CO | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Disclosure | Missing Intent to Proceed | Resolved-Intent to Proceed received - Due Diligence Vendor-05/21/2025 <br>Ready for Review-Document Uploaded. Attached. - Seller-05/20/2025 <br>Open-Missing Signed Intent to Proceed Disclosure. Required on Primary Residence and Second Homes. Provide executed Intent to Proceed - Due Diligence Vendor-05/14/2025 | Ready for Review-Document Uploaded. Attached. - Seller-05/20/2025<br>| Resolved-Intent to Proceed received - Due Diligence Vendor-05/21/2025<br>| ITP.pdf |  |  | CO | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing Service Provider List | Resolved-Written Servicer's Provider List received - Due Diligence Vendor-05/21/2025 <br>Ready for Review-Document Uploaded. Attached. - Seller-05/20/2025 <br>Open-Provide Written Servicer's Provider List - Due Diligence Vendor-05/14/2025 | Ready for Review-Document Uploaded. Attached. - Seller-05/20/2025<br>| Resolved-Written Servicer's Provider List received - Due Diligence Vendor-05/21/2025<br>| SSPL.pdf |  |  | CO | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Income/Employment | Income/Employment General | Waived-Exception Approved<br> Exception Document page 202<br> Exception Reason: Other- Borrower's original LLC was formed on 11/25/17. Current LLC was formed on 2/27/25 (less than 1 year). Name of the business was changed from XXXX - Due Diligence Vendor-05/14/2025 |  | Waived-Exception Approved<br> Exception Document page 202<br> Exception Reason: Other- Borrower's original LLC was formed on 11/25/17. Current LLC was formed on 2/27/25 (less than 1 year). Name of the business was changed from **XXXX** - Due Diligence Vendor-05/14/2025 |  |  | Credit Score - Loan File 760. Minimum required per guidelines is 700.<br> Housing History - Loan File 0X30, 48 months. Housing History required per guidelines is 0X30, 6 months.<br> Residual Income - Loan File $8982.89. Minimum Residual Income required per guidelines is $1500. | CO | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Acknowledged | 2 - Non-Material D B | Compliance | Missing Doc | The Final 1003 is Incomplete | Acknowledged-DH Acknowledges - Due Diligence Vendor-05/19/2025 <br>Unable to Resolve-Unable to Resolve-DH Agrees to waive; please downgrade to a Non-Material Grade 2.<br> - Buyer-05/19/2025 <br>Open-The Final 1003 is Incomplete Provide 1003 with LLC name - Due Diligence Vendor-05/19/2025 |  | Acknowledged-DH Acknowledges - Due Diligence Vendor-05/19/2025<br>|  |  |  | MA | Investment | Purchase | NA | XXXX | Investor Post-Close | No |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)). Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on page 221 and the Final Closing disclosure on page 76 reflects escrows. Rate lock date was entered correctly – see page 241. An interior and exterior appraisal was completed for this property – see page 22, the appraisal disclosure was provided to the borrower(s)- see page 283 and copy of the appraisal was given to the borrower – see page 21. The loan meets HPML guidelines. - Due Diligence Vendor-05/29/2025 <br>Open-The loan's (8.417%) APR equals or exceeds the Federal HPML threshold of (8.12%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.62%).(12 CFR 1026.35(a)(1)(i)) . - Due Diligence Vendor-05/29/2025 |  | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1)). Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on page 221 and the Final Closing disclosure on page 76 reflects escrows. Rate lock date was entered correctly – see page 241. An interior and exterior appraisal was completed for this property – see page 22, the appraisal disclosure was provided to the borrower(s)- see page 283 and copy of the appraisal was given to the borrower – see page 21. The loan meets HPML guidelines. - Due Diligence Vendor-05/29/2025<br>|  |  |  | GA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Initial CD, Revised CD's, COC's received - Due Diligence Vendor-05/29/2025 <br>Ready for Review-Document Uploaded. - Seller-05/28/2025 <br>Open-TRID: Missing Closing Disclosure Provide Initial CD, related COC and Disclosure Tracking Summary - Due Diligence Vendor-05/27/2025 | Ready for Review-Document Uploaded. - Seller-05/28/2025<br>| Resolved-Initial CD, Revised CD's, COC's received - Due Diligence Vendor-05/29/2025<br>| XXXX |  |  | GA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Confirmation of Rate Lock received - Due Diligence Vendor-05/29/2025 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-05/29/2025 <br>Ready for Review-Document Uploaded. - Seller-05/28/2025 <br>Open-Evidence of Rate Lock Missing Provide Confirmation of Rate Lock - Due Diligence Vendor-05/28/2025 | Ready for Review-Document Uploaded. - Seller-05/28/2025<br>| Resolved-Confirmation of Rate Lock received - Due Diligence Vendor-05/29/2025 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-05/29/2025<br>| XXXX |  |  | TX | Investment | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Provided Hazard Insurance Effective Date of 05-16-2025 is prior to or equal to the Note Date of 05-16-2025.Finding Resolved. - Due Diligence Vendor-05/29/2025 <br>Resolved-Hazard Insurance Effective Date of 05-16-2025 is prior to or equal to the Note Date of 05-16-2025 Or Hazard Insurance Effective Date Is Not Provided - Due Diligence Vendor-05/29/2025 <br>Ready for Review-Document Uploaded. - Seller-05/28/2025 <br>Open-Hazard Insurance Effective Date of 05-19-2025 is after the Note Date of 05-16-2025 Provide HOI Policy with effective date of 5/16/2025 - Due Diligence Vendor-05/27/2025 | Ready for Review-Document Uploaded. - Seller-05/28/2025<br>| Resolved-Provided Hazard Insurance Effective Date of 05-16-2025 is prior to or equal to the Note Date of 05-16-2025.Finding Resolved. - Due Diligence Vendor-05/29/2025 <br>Resolved-Hazard Insurance Effective Date of 05-16-2025 is prior to or equal to the Note Date of 05-16-2025 Or Hazard Insurance Effective Date Is Not Provided - Due Diligence Vendor-05/29/2025<br>| XXXX |  |  | TX | Investment | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Maryland - Higher Priced Mortgage Loan (First Lien 06/2013)(Conforming) | Resolved-Under the Regulations adopted by the Maryland Commissioner of Financial Regulation, as applicable to Mortgage Lenders, this is a Higher-Priced Mortgage. The loan's APR of (9.37%) equals or exceeds the Maryland Higher-Priced Mortgage threshold of (8.12%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.62%). (COMAR 09.03.06.02(B)(13); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg # 419 and the Final Closing disclosure on Pg#'s 268, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s461, An interior and exterior appraisal was completed for this property – see pg# 23, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 502, and confirmation the appraisal was delivered to the borrower – see Pg#'s 311. The loan meets HPML guidelines. - Due Diligence Vendor-05/21/2025 |  | Resolved-Under the Regulations adopted by the Maryland Commissioner of Financial Regulation, as applicable to Mortgage Lenders, this is a Higher-Priced Mortgage. The loan's APR of (9.37%) equals or exceeds the Maryland Higher-Priced Mortgage threshold of (8.12%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.62%). (COMAR 09.03.06.02(B)(13); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg # 419 and the Final Closing disclosure on Pg#'s 268, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s461, An interior and exterior appraisal was completed for this property – see pg# 23, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 502, and confirmation the appraisal was delivered to the borrower – see Pg#'s 311. The loan meets HPML guidelines. - Due Diligence Vendor-05/21/2025<br>|  |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (9.37%) APR equals or exceeds the Federal HPML threshold of (8.12%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.62%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg # 419 and the Final Closing disclosure on Pg#'s 268, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s461, An interior and exterior appraisal was completed for this property – see pg# 23, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 502, and confirmation the appraisal was delivered to the borrower – see Pg#'s 311. The loan meets HPML guidelines. - Due Diligence Vendor-05/21/2025 |  | Resolved-The loan's (9.37%) APR equals or exceeds the Federal HPML threshold of (8.12%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.62%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg # 419 and the Final Closing disclosure on Pg#'s 268, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s461, An interior and exterior appraisal was completed for this property – see pg# 23, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 502, and confirmation the appraisal was delivered to the borrower – see Pg#'s 311. The loan meets HPML guidelines. - Due Diligence Vendor-05/21/2025<br>|  |  |  | MD | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Mavent | Rescission: Disbursement | Resolved-Condition resolved per directive - Due Diligence Vendor-07/09/2025 <br> Ready for Review-We did re-open rescission and re-signed the package out of an abundance of caution for the AL-specific requirements—not due to a Regulation Z violation or triggering event that would reset the rescission period.<br> Given that there was no post-consummation change affecting material disclosures as defined by Reg Z, the disbursement date of 5/16/25 is appropriate, and the loan remains compliant.<br> - Seller-07/03/2025 <br> Open-The loan disbursement date (2025-05-16) is earlier than, or the same day as, the calculated "Right to Cancel Expire Date" (2025-06-23). Under Regulation Z, funds may not be disbursed to the borrower until after the expiration of the rescission period. The Last Closing Disclosure (2025-06-09) was sent after Consummation, so the system assumes the CD with the "material disclosures" was provided before or on the (2025-05-12) Consummation Date. A "consumer" may exercise the right to rescind until midnight of the 3rd business day following consummation, receipt of the Notice of Right to Cancel, or delivery of all material disclosures, whichever occurs last. "Material disclosures" means the disclosure of the APR, the finance charge, the amount financed, the total of payments, the payment schedule, and the disclosures and limitations in sections 1026.32(c) and (d) and 1026.43(g) (if applicable). (12 CFR 1026.23)<br> The loan disbursement date (2025-05-16) is earlier than, or the same day as, the calculated "Right to Cancel Expire Date" (2025-06-23). Under Regulation Z, funds may not be disbursed to the borrower until after the expiration of the rescission period. The Last Closing Disclosure (2025-06-09) was sent after Consummation, so the system assumes the CD with the "material disclosures" was provided before or on the (2025-05-12) Consummation Date. A "consumer" may exercise the right to rescind until midnight of the 3rd business day following consummation, receipt of the Notice of Right to Cancel, or delivery of all material disclosures, whichever occurs last. "Material disclosures" means the disclosure of the APR, the finance charge, the amount financed, the total of payments, the payment schedule, and the disclosures and limitations in sections 1026.32(c) and (d) and 1026.43(g) (if applicable). (12 CFR 1026.23) - Due Diligence Vendor-06/30/2025 <br> Open- - Due Diligence Vendor-06/30/2025 | Ready for Review-We did re-open rescission and re-signed the package out of an abundance of caution for the AL-specific requirements—not due to a Regulation Z violation or triggering event that would reset the rescission period.<br> Given that there was no post-consummation change affecting material disclosures as defined by Reg Z, the disbursement date of 5/16/25 is appropriate, and the loan remains compliant.<br> - Seller-07/03/2025<br>| Resolved-Condition resolved per directive - Due Diligence Vendor-07/09/2025<br>|  |  |  | AL | Primary Residence | Refinance | Cash Out - Debt Consolidation | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Mavent | Late: Amount | Resolved-The Late Amount was resolved with resigned Note. - Due Diligence Vendor-06/30/2025 <br> Resolved- - Due Diligence Vendor-06/30/2025 <br> Ready for Review-Document Uploaded. Please see updated docs on this one attached that has updated verbiage for late fee on note/cd - Seller-06/26/2025 <br> Open-The late fee ($XXXX) exceeds the Alabama Mini-Code limit of the greater of $18 or 5% ($XXXX) of the overdue payment, but not to exceed $100. (Ala. Code 5-19-4(a) & 8-8-5. Cantrell v. Walker Builders, Inc., 678 So. 2d 169. Ex parte Watley, 708 So. 2d 890) The Late fee Charge Percent as been updated as per Final note document pg#527 - Due Diligence Vendor-05/20/2025 | Ready for Review-Document Uploaded. Please see updated docs on this one attached that has updated verbiage for late fee on note/cd - Seller-06/26/2025<br>| Resolved-The Late Amount was resolved with resigned Note. - Due Diligence Vendor-06/30/2025<br>| XXXX |  |  | AL | Primary Residence | Refinance | Cash Out - Debt Consolidation | XXXX | N/A | N/A |
| LoanStream Mortgage | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (10.584%) APR equals or exceeds the Federal HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.66%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 448 and the Final Closing disclosure on Pg#'s 288, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 284. An interior and exterior appraisal was completed for this property – see pg 18, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 532, and confirmation the appraisal was delivered to the borrower – see Pg#'s 17. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-06/30/2025 <br> Open- - Due Diligence Vendor-06/30/2025 <br> Resolved-The loan's (10.584%) APR equals or exceeds the Federal HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.66%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 448 and the Final Closing disclosure on Pg#'s 288, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 284. An interior and exterior appraisal was completed for this property – see pg 18, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 532, and confirmation the appraisal was delivered to the borrower – see Pg#'s 17. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-05/20/2025 |  | Resolved-The loan's (10.584%) APR equals or exceeds the Federal HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.66%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 448 and the Final Closing disclosure on Pg#'s 288, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 284. An interior and exterior appraisal was completed for this property – see pg 18, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 532, and confirmation the appraisal was delivered to the borrower – see Pg#'s 17. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-06/30/2025 <br>Resolved-The loan's (10.584%) APR equals or exceeds the Federal HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.66%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 448 and the Final Closing disclosure on Pg#'s 288, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 284. An interior and exterior appraisal was completed for this property – see pg 18, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 532, and confirmation the appraisal was delivered to the borrower – see Pg#'s 17. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-05/20/2025<br>|  |  |  | AL | Primary Residence | Refinance | Cash Out - Debt Consolidation | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Initial CD provided. Resolved. - Due Diligence Vendor-06/18/2025 <br>Ready for Review-Document Uploaded. Initial CD and Eacceptance was also in file. This is sufficient to clear. - Seller-06/17/2025 <br>Counter-Loan closed on 5/15/25. Final CD is issued on 5/14/25. Missing initial CD. - Due Diligence Vendor-06/12/2025 <br>Resolved-Requested Final CD document provided hence resolved. - Due Diligence Vendor-06/11/2025 <br>Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-06/11/2025 <br>Ready for Review-Document Uploaded. Final CD is attached and signed - Seller-06/11/2025 <br>Open-TRID: Missing Final Closing Disclosure TRID: Final Closing Disclosure is missing from file. - Due Diligence Vendor-05/27/2025 | Ready for Review-Document Uploaded. Initial CD and Eacceptance was also in file. This is sufficient to clear. - Seller-06/17/2025 <br>Ready for Review-Document Uploaded. Final CD is attached and signed - Seller-06/11/2025<br>| Resolved-Initial CD provided. Resolved. - Due Diligence Vendor-06/18/2025 <br>Resolved-Requested Final CD document provided hence resolved. - Due Diligence Vendor-06/11/2025 <br>Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-06/11/2025<br>| Final CD signed .pdf<br>Initial CD.pdf<br>Disclosure tracking.pdf |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (8.39%) APR equals or exceeds the Federal HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.66%).(12 CFR 1026.35(a)(1)(i)) x - Due Diligence Vendor-06/18/2025 <br>Resolved-x - Due Diligence Vendor-06/18/2025 <br>Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 254 and the Final Closing disclosure on Pg#'s 92 reflects escrows. Rate lock date was entered correctly – see Pg# 314. An interior and exterior appraisal was completed for this property – see pg 4, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 33, and copy of the appraisal was given to the borrower – see Pg#'s 33 for delivery confirmation of the appraisal. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-06/18/2025 <br>Open-The loan's (8.44%) APR equals or exceeds the Federal HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.66%).(12 CFR 1026.35(a)(1)(i)) x - Due Diligence Vendor-06/18/2025 |  | Resolved-The loan's (8.39%) APR equals or exceeds the Federal HPML threshold of (8.16%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.66%).(12 CFR 1026.35(a)(1)(i)) x - Due Diligence Vendor-06/18/2025 <br>Resolved-x - Due Diligence Vendor-06/18/2025 <br>Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 254 and the Final Closing disclosure on Pg#'s 92 reflects escrows. Rate lock date was entered correctly – see Pg# 314. An interior and exterior appraisal was completed for this property – see pg 4, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 33, and copy of the appraisal was given to the borrower – see Pg#'s 33 for delivery confirmation of the appraisal. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-06/18/2025<br>|  |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Consumer Caution and Home Owner Counseling Notice is Missing | Resolved-Consumer Caution and Home Owner Counseling Notice is Present or Not Applicable - Due Diligence Vendor-06/18/2025 <br>Ready for Review-Document Uploaded. Attached and was also in file-please stop adding conditions to this file. - Seller-06/17/2025 <br>Open-Missing HCO list and Home loan toolkit. - Due Diligence Vendor-06/12/2025 | Ready for Review-Document Uploaded. Attached and was also in file-please stop adding conditions to this file. - Seller-06/17/2025<br>| Resolved-Consumer Caution and Home Owner Counseling Notice is Present or Not Applicable - Due Diligence Vendor-06/18/2025<br>| toolkit.pdf<br>Disclosure tracking.pdf |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Acknowledged | 2 - Non-Material B | Credit | Doc Issue | Settlement Service Provider List is Missing | Acknowledged-XXXX Acknowledges - Due Diligence Vendor-06/12/2025 <br> Ready for Review-Accepting this as a grade 2-Also please stop adding conditions at the last hour, thank you - Seller-06/11/2025 <br> Open-Settlement Service Provider List is Missing Title Fees listed in Section B, We do not have Settlement Service Provider List in the file, provide the same. - Due Diligence Vendor-06/11/2025 | Ready for Review-Accepting this as a grade 2-Also please stop adding conditions at the last hour, thank you - Seller-06/11/2025<br>| Acknowledged-Deephaven Acknowledges - Due Diligence Vendor-06/12/2025<br>| affilidated.pdf |  |  | FL | Primary Residence | Purchase | NA | XXXX | Investor Post-Close | No |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Disclosure | Missing Intent to Proceed | Resolved-ITP provided, resolved. - Due Diligence Vendor-06/12/2025 <br>Ready for Review-Document Uploaded. - Buyer-06/11/2025 <br>Open-Missing Signed Intent to Proceed Disclosure. Required on Primary Residence and Second Homes. Missing Intent to Proceed - Due Diligence Vendor-05/27/2025 |  | Resolved-ITP provided, resolved. - Due Diligence Vendor-06/12/2025<br>| Intent to proceed .pdf |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Missing | Resolved-Final 1003 Missing in file, Provided the same, Changes made in system, Finding Resolved - Due Diligence Vendor-06/12/2025 <br>Resolved-The Final 1003 is Present - Due Diligence Vendor-06/12/2025 <br>Ready for Review-Document Uploaded. - Buyer-06/11/2025 <br>Open-The Final 1003 is Missing Missing Final 1003 - Due Diligence Vendor-05/23/2025 |  | Resolved-Final 1003 Missing in file, Provided the same, Changes made in system, Finding Resolved - Due Diligence Vendor-06/12/2025 <br>Resolved-The Final 1003 is Present - Due Diligence Vendor-06/12/2025<br>| XXXX |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Confirmed docs in file are dated more than 10 days from close. Resolved. - Due Diligence Vendor-06/02/2025 <br>Ready for Review-Document Uploaded. This was in the original package - Seller-06/02/2025 <br>Open-Borrower 1 3rd Party VOE Prior to Close Missing Missing 3rd party VOE - Due Diligence Vendor-05/23/2025 | Ready for Review-Document Uploaded. This was in the original package - Seller-06/02/2025<br>| Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Confirmed docs in file are dated more than 10 days from close. Resolved. - Due Diligence Vendor-06/02/2025<br>| XXXX |  |  | FL | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Credit | Escrow information insufficient or has discrepancy | Waived-Unable to Resolve-Exception Approved. - Due Diligence Vendor-07/01/2025 <br> Acknowledged-Unable to Resolve-DH Acknowledges & Borrower signed payment shock letter stating they are aware they may be short as a result of closing with lower monthly tax escrow. - Due Diligence Vendor-06/05/2025 <br> Unable to Resolve-Unable to Resolve- Client County tax rate table to calculate property taxes (1% x XXXX purchase price) they used the monthly escrow rate of $XXXX to qualify the loan but closed with the lower amount. Borrower signed payment shock letter stating they are aware they may be short as a result of closing with lower monthly tax escrow. - Seller-06/05/2025 <br> Ready for Review-Document Uploaded. Client County tax rate table to calculate property taxes (1% x XXXX purchase price) they used the monthly escrow rate of $XXXXo qualify the loan but closed with the lower amount. Borrower signed payment shock letter stating they are aware they may be short as a result of closing with lower monthly tax escrow. - Buyer-06/05/2025 <br> Counter-Lender provided payment shock letter indicating borrower aware that taxes will increase due to new construction. Condition unresolved as lender did not use correct estimate of 1.5% of sales price for tax amount for new construction homes as indicated per guidelines. - Due Diligence Vendor-05/30/2025 <br> Ready for Review-Document Uploaded. see attached - Seller-05/29/2025 <br> Open-As per 1008 and processor cert page 1110 monthly tax amount is $XXXX (Per appraisal-new construction home, per GL need to use 1.5% on sales price as tax amount for new construction homes) but CD, 1003, Fitst payment letter, IEAD considered Annual as $600 - Due Diligence Vendor-05/27/2025 | Unable to Resolve-Unable to Resolve- Client County tax rate table to calculate property taxes (1% x 430K purchase price) they used the monthly escrow rate of $358.33 to qualify the loan but closed with the lower amount. Borrower signed payment shock letter stating they are aware they may be short as a result of closing with lower monthly tax escrow. - Seller-06/05/2025 <br>Ready for Review-Document Uploaded. see attached - Seller-05/29/2025<br>| Waived-Unable to Resolve-Exception Approved. - Due Diligence Vendor-07/01/2025 <br>Acknowledged-Unable to Resolve-DH Acknowledges & Borrower signed payment shock letter stating they are aware they may be short as a result of closing with lower monthly tax escrow. - Due Diligence Vendor-06/05/2025<br>| seller rebuttal.pdf<br> xx_XXXX.pdf |  | >$10K residual income, min is $1,500<br> 39% DTI, Max is 50% | IN | Primary Residence | Purchase | NA | XXXX | Investor Post-Close | No |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Lender provided Post close updated credit report dated 6/3/25. Condition resolved.<br> - Due Diligence Vendor-06/05/2025 <br>Ready for Review-Document Uploaded. Uploaded for review - Buyer-06/04/2025 <br>Counter-Lender provided Gap report dated 4/17/25. However, report not dated within 10 days of closing date of 5/8/25. Condition unresolved. - Due Diligence Vendor-05/30/2025 <br>Ready for Review-Document Uploaded. gap credit attached. - Seller-05/29/2025 <br>Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-05/27/2025 | Ready for Review-Document Uploaded. gap credit attached. - Seller-05/29/2025<br>| Resolved-Lender provided Post close updated credit report dated 6/3/25. Condition resolved.<br> - Due Diligence Vendor-06/05/2025<br>| Gap Credit Report-XXXX.pdf<br> XXXX_XXXX-Credit Refresh.pdf |  |  | IN | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 2 Does Not Meet Guideline Requirements | Resolved-Wire transfer from proceeds from sale provided. Resolved - Due Diligence Vendor-05/30/2025 <br>Resolved-Asset Record 2 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-05/30/2025 <br>Ready for Review-Document Uploaded. see attached. - Buyer-05/29/2025 <br>Open-Asset Record 2 Does Not Meet G/L Requirements Provide evidence of Wire transfer from proceeds from sale in the approx. amount of $110000 - Due Diligence Vendor-05/27/2025 |  | Resolved-Wire transfer from proceeds from sale provided. Resolved - Due Diligence Vendor-05/30/2025 <br>Resolved-Asset Record 2 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-05/30/2025<br>| Proof of Proceeds-XXXX.pdf<br> XXXX-Wire.pdf |  |  | IN | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Acknowledged | 2 - Non-Material D B | Credit | Missing Doc | Hazard Insurance Policy is Missing | Acknowledged-Lender acknowledges as immaterial. Borrower has an individual policy that provides full coverage of the property. - Due Diligence Vendor-05/29/2025 <br>Unable to Resolve-Unable to Resolve-DH approves exception. Borrower has an individual policy that provides full coverage of the property. - Buyer-05/29/2025 <br>Open-The subject property is a PUD. Provide HOA/PUD master insurance policy as required per 12.2.1. - Due Diligence Vendor-05/29/2025 |  | Acknowledged-Lender acknowledges as immaterial. Borrower has an individual policy that provides full coverage of the property. - Due Diligence Vendor-05/29/2025<br>|  |  |  | IN | Primary Residence | Purchase | NA | XXXX | Originator Post-Close | No |
| Deephaven | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-The loan's (10.516%) APR equals or exceeds the Federal HPML threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.7%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#840 and the Final Closing disclosure on Pg#461 reflects escrows. Rate lock date was entered correctly – see Pg#884 An interior and exterior appraisal was completed for this property – see Page#19-48 , the appraisal disclosure was provided to the borrower(s)- see Pg#17, and copy of the appraisal was given to the borrower – see Pg#1069 for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-05/26/2025 |  | Resolved-The loan's (10.516%) APR equals or exceeds the Federal HPML threshold of (8.2%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.7%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#840 and the Final Closing disclosure on Pg#461 reflects escrows. Rate lock date was entered correctly – see Pg#884 An interior and exterior appraisal was completed for this property – see Page#19-48 , the appraisal disclosure was provided to the borrower(s)- see Pg#17, and copy of the appraisal was given to the borrower – see Pg#1069 for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-05/26/2025<br>|  |  |  | IN | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Federal - Closing Disclosure and Consummation Date | Resolved-Received Initial CD 5/12/2025 and Revised LE 5/1/2025 - Due Diligence Vendor-06/03/2025 <br>Ready for Review-Document Uploaded. - Seller-06/02/2025 <br>Open-The Initial Closing Disclosure was provided on (2025-05-20) via (Other). Under Regulation Z, a consumer must receive the Initial Closing Disclosure reflecting the actual terms of the transaction not later than three business days prior to the consummation date of (2025-05-22). Since the Initial Closing Disclosure was not provided in person, a consumer is considered to have received it on (2025-05-23), which is three business days after it was delivered or placed in the mail. Since the Initial Closing Disclosure was not provided to the consumer in person, it should have been provided to the consumer no later than (20250515), for consummation to occur on (2025-05-22). (12 CFR 1026.19(f)(1)(ii)(A)); 1026.19(f)(1)(iii)) The provided Initial Closing Disclosure dated 05/20/2025 is within the 3 Business days from Final Closing Disclosure date issued 05/21/2025. Provide correct Initial CD dated 3 business days prior to Final CD. Also, Initial CD is not signed, provide signed copy of initial CD and /or Disclosure Tracking Summary. - Due Diligence Vendor-05/30/2025 | Ready for Review-Document Uploaded. - Seller-06/02/2025<br>| Resolved-Received Initial CD 5/12/2025 and Revised LE 5/1/2025 - Due Diligence Vendor-06/03/2025<br>| XXXX |  |  | SC | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| ACC Mortgage, Inc | XXXX |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 174 and the Final Closing disclosure on Pg#'s 86 reflects escrows. Rate lock date was entered correctly – see Pg#'s 193. An interior and exterior appraisal was completed for this property – see pg 16, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 254, and confirmation the appraisal was delivered to the borrower – see Pg#'s 230. The loan meets HPML guidelines. - Due Diligence Vendor-06/03/2025 <br>Resolved-The loan's (9.829%) APR equals or exceeds the Federal HPML threshold of (8.38%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.88%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 174 and the Final Closing disclosure on Pg#'s 86 reflects escrows. Rate lock date was entered correctly – see Pg#'s 193. An interior and exterior appraisal was completed for this property – see pg 16, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 254, and confirmation the appraisal was delivered to the borrower – see Pg#'s 230. The loan meets HPML guidelines. - Due Diligence Vendor-05/30/2025 |  | Resolved-This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 174 and the Final Closing disclosure on Pg#'s 86 reflects escrows. Rate lock date was entered correctly – see Pg#'s 193. An interior and exterior appraisal was completed for this property – see pg 16, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 254, and confirmation the appraisal was delivered to the borrower – see Pg#'s 230. The loan meets HPML guidelines. - Due Diligence Vendor-06/03/2025 <br>Resolved-The loan's (9.829%) APR equals or exceeds the Federal HPML threshold of (8.38%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.88%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 174 and the Final Closing disclosure on Pg#'s 86 reflects escrows. Rate lock date was entered correctly – see Pg#'s 193. An interior and exterior appraisal was completed for this property – see pg 16, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 254, and confirmation the appraisal was delivered to the borrower – see Pg#'s 230. The loan meets HPML guidelines. - Due Diligence Vendor-05/30/2025<br>|  |  |  | SC | Primary Residence | Purchase | NA | XXXX | N/A | N/A |

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## Exhibit 99.12

**Exhibit 99.12 Schedule 4**

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| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | XXXX | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 59.54 | 59.54 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | Stewart | Excellent | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 67.09 | 67.09 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 69.99 | 69.99 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.5 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 69.99 | 69.99 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapita1 | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.7 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 65.52 | 65.52 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 70.0 | 70.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 70.0 | 70.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 62.8 | 62.8 | XXXX | XXXX | XXXX | 1004 URAR |  |  |  |  | XXXX | XXXX | .0602 | XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXXX | Eligible | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.2 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85.0 | 85.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 90.0 | 90.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85.0 | 85.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | CLEARCAPITAL | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.3 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 90.0 | 90.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | STEWART | REASONABLE | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  | XXXX |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 35.0 | 35.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 90.0 | 90.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | Stewart | REASONABLE | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.3 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 59.1 | 59.1 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.7 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 90.0 | 90.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 90.0 | 90.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.1 | XXXX |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 72.9 | 72.9 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.5 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 78.81 | 78.81 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 69.98 | 69.98 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 84.9 | 84.9 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | Stewart | REASONABLE | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.3 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 84.0 | 84.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85.0 | 85.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 90.0 | 90.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | Stewart | Excellent | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.4 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 90.0 | 90.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.4 | XXXX |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 61.2 | 61.2 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.8 | XXXX |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 70.0 | 70.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 40.76 | 40.76 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.5 | XXXX | Not Eligible |  |  |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 70.0 | 70.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXXX | Eligible |  |  |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 90.0 | 90.0 | XXXX | XXXX | XXXX |  | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85.0 | 85.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.8 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85.0 | 85.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75.0 | 75.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 67.79 | 67.79 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.3 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85.0 | 85.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0639 | ClearCapital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 69.89 | 69.89 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | Stewart | Excellent | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.8 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 90.0 | 90.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 84.99 | 84.99 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | Consolidatedanalytics | No Score Noted | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 3.9 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 65.0 | 65.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -.0968 | ClearCapital | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 54.3 | 54.3 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1.9 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85.0 | 85.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.2 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85.0 | 85.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | .0000 | XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.6 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 90.0 | 90.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | Stewart | Reasonable | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85.0 | 85.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85.0 | 85.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 70.0 | 70.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 | XXXX |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 75.0 | 75.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 74.87 | 74.87 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 89.99 | 89.99 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.8 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 64.03 | 64.03 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXXX |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 73.33 | 73.33 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 50.0 | 50.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 90.0 | 90.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 75.0 | 75.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 77.9 | 77.9 | XXXX | XXXX | XXXX | AVM |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0088 | 75.0 | 0.25 | Other | iAVM | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.5 | XXXX |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 69.71 | 69.71 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | Clear Capital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85.0 | 85.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85.0 | 85.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 64.15 | 64.15 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 75.0 | 75.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | Not Eligible |  |  |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXXX |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75.0 | 75.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | 1 | XXXX | Eligible | 2.1 | XXXX |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 51.19 | 51.19 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75.0 | 75.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | .0500 | XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXXX | Eligible | 2 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | AVM |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -.0642 | 96.0 | 0.04 | Clear Capital | ClearAVM | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | .1268 | XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | XXXX | Not Eligible | 2.1 | XXXX |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75.0 | 75.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  | XXXX |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 65.09 | 65.09 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.8 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 66.14 | 66.14 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75.0 | 75.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | Consolidatedanalytics | No Score Noted | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.7 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 85.0 | 85.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 75.0 | 75.0 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | ClearCapital | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXXX |
| XXXX |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |

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