# EDGAR Filing Document

**Accession Number:** 0002057124
**File Stem:** 0001999371-26-003832
**Filing Date:** 2026-2
**Character Count:** 2776530
**Document Hash:** 969d52c1944b2246f3e4ea11a3e50864
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-26-003832.hdr.sgml**: 20260220

**ACCESSION NUMBER**: 0001999371-26-003832

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

**PUBLIC DOCUMENT COUNT**: 58

**CONFORMED PERIOD OF REPORT**: 20260220

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

**FILED AS OF DATE**: 20260220

**DATE AS OF CHANGE**: 20260220

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

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

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-07763
- **FILM NUMBER:** 26661306

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

---

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

---

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

---

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

---

<u>Donna Yi (212) 849-9658 </u> <br> Name and telephone number, including area code, of the person to contact in connection with this filing

**PART I: REPRESENTATION AND WARRANTY INFORMATION**

---

| | |
|:---|:---|
| **Item 1.01** | **Initial Filing of Rule l5Ga-1 Representations and Warranties Disclosure** |

---

Not Applicable

---

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

---

Not Applicable

---

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

---

Not Applicable

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

**REPORTS**

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

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

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

Not Applicable

**SIGNATURES**

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

---

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

---

Date: February 20, 2026

**EXHIBIT INDEX**

---

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

---

## Exhibit 99.1

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

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

**EXECUTIVE SUMMARY**

**DESCRIPTION OF SERVICES**

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

AMC Diligence, LLC ("AMC") performed certain due diligence services described below on conforming and non-conforming residential mortgages acquired from various parties. The review was conducted on behalf of Lone Star Residential Acquisitions, LLC ("Client") during multiple transactions from between May 2025 to February 2026 via files imaged and provided by the Client's designee for review. The loans in the Review carried origination dates between May 2025 to February 2026. The Review included loans reviewed under the Credit and Compliance Scope (185 mortgage loans), and the Business Purpose Scope (177 loans). The mortgage loans (Credit and Compliance Scope) and the loans (Business Purpose Scope and Business Purpose Limited Compliance Scope) are together referred to as the Loans.

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

The initial population consisted of three hundred sixty-two (362) mortgage loans.

The final population of the Review covered three hundred sixty-two (362) mortgage loans totaling an aggregate original principal balance of approximately $187.756 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;Has FTHB | &nbsp;&nbsp;Original Term |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;Interest Only Period | &nbsp;&nbsp;PITIA Reserves Months |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;Investor: Qualifying Total Debt Ratio | &nbsp;&nbsp;Prepayment Penalty Period (months) |
| &nbsp;&nbsp;Balloon Flag | &nbsp;&nbsp;Lender | &nbsp;&nbsp;Product Description |
| &nbsp;&nbsp;Borrower First Name | &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;Borrower FTHB | &nbsp;&nbsp;Margin | &nbsp;&nbsp;Purpose |
| &nbsp;&nbsp;Borrower Full Name | &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;Refi Purpose |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;Note Date | &nbsp;&nbsp;Representative FICO |
| &nbsp;&nbsp;Borrower SSN | &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;State |
| &nbsp;&nbsp;City | &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;Street |
| &nbsp;&nbsp;Decision System | &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;Total Cash-out |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;Zip |
| &nbsp;&nbsp;Escrow Account | &nbsp;&nbsp;Original LTV |  |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;Original P&I |  |

---

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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**(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

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origination of the mortgage loan. If the mortgage loan file did not contain a fraud report and the counterparty did not produce one, AMC conditioned the mortgage loan for the missing fraud report product.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

▪ 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.

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

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

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

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

---

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

---

**DATA COLLECTION**

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

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

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

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

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

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origination decision was directly accessible to AMC or if it was not directly accessible that another valuation product that was directly accessible to AMC was ordered in accordance with the Client's specific valuation waterfall process. If more than one valuation was provided, AMC confirmed consistency among the valuation products and if there were discrepancies that could not be resolved, AMC created an exception.

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

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

With regard to TILA-RESPA Integrated Disclosure ("TRID") testing, AMC implemented the TRID scope of review referenced within the Regulatory Compliance section (III) based on (i) the RMBS 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;

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

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

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

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

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

ii) proper execution by all required parties;

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

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

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

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

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

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

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

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

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

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

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

ii) APR threshold test;

iii) prepayment penalty threshold test; and

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

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

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

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

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

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

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

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

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

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

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

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

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

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

&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> 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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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.

*<u>Qualified Mortgage</u>*

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

---

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

---

---

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

---

---

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

---

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

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

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

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

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

For each QM designated mortgage loan that satisfied the applicable requirements enumerated above, AMC then determines whether the mortgage loan is a Safe Harbor QM or Higher Priced QM by comparing the mortgage loan's

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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.

*<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**

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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.

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

**(XII) Document Review**

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ 4506T;

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Appraisal;

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Note;

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Final
 TIL;

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

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

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

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

Includes Business Purpose Scope with additional limited compliance review below.

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

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

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with the following:

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

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

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

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

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

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

**(9) Disclaimer.**

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

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

**SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW** 

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

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**OVERALL RESULTS SUMMARY** 

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;116 | &nbsp;&nbsp;32.04% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;246 | &nbsp;&nbsp;67.96% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**362** | &nbsp;&nbsp;**100.00%** |

---

**COMPLIANCE RESULTS SUMMARY**

Please note that one hundred seventy-two (172) Business Purpose with no limited compliance review were not subjected to a compliance review and did not receive a compliance grade. Of the remaining one hundred ninety (190) mortgage loans, 100.00% by number received an "A" or "B" compliance grade.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of All Loans** | &nbsp;&nbsp;**% of Mortgage Review Population** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;128 | &nbsp;&nbsp;35.36% | &nbsp;&nbsp;67.37% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;62 | &nbsp;&nbsp;17.13% | &nbsp;&nbsp;32.63% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Compliance Not Run | &nbsp;&nbsp;172 | &nbsp;&nbsp;47.51% | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**362** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**100.00%** |

---

**CREDIT RESULTS SUMMARY**

All three hundred sixty-two (362) mortgage loans reviewed by AMC have a Credit grade of "B" or higher and 41.44% of the mortgage loans by number received a Credit grade of "A".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;150 | &nbsp;&nbsp;41.44% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;212 | &nbsp;&nbsp;58.56% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;**362** | &nbsp;&nbsp;**100.00%** |

---

**PROPERTY/VALUATION RESULTS SUMMARY** 

Of the three hundred sixty-two (362) mortgage loans, 98.62%, reviewed by AMC have a Property Grade of "A".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;357 | &nbsp;&nbsp;98.62% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;5 | &nbsp;&nbsp;1.38% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**362** | &nbsp;&nbsp;**100.00%** |

---

**EXCEPTION CATEGORY SUMMARY**

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

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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;**Final Exception Rating** | &nbsp;&nbsp;**Exception Category** | &nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;ECOA | &nbsp;&nbsp;40 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;TRID Defect | &nbsp;&nbsp;18 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;ATR/QM Defect | &nbsp;&nbsp;10 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Federal HPML | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;GSE | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Missing Disclosure | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;RESPA | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Missing, Incorrect, or Incomplete Final or Initial 1003 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Misc. State Level | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Compliance Grade (B) Exceptions:*** | &nbsp;&nbsp;***84*** |
| &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**84** |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Guideline | &nbsp;&nbsp;209 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Borrower and Mortgage Eligibility | &nbsp;&nbsp;54 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Title | &nbsp;&nbsp;28 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Income / Employment | &nbsp;&nbsp;8 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Credit | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Loan Package Documentation | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Asset | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Missing Document | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Documents | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Loan Eligibility | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Property - Appraisal | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;1003 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions:*** | &nbsp;&nbsp;***322*** |
| &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**322** |
| &nbsp;&nbsp;Property |  | &nbsp;&nbsp;Property - Appraisal | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Property |  | &nbsp;&nbsp;***Total Property Grade (B) Exceptions:*** | &nbsp;&nbsp;***5*** |
| &nbsp;&nbsp;**Total Property Exceptions:** | &nbsp;&nbsp;**Total Property Exceptions:** | &nbsp;&nbsp;**Total Property Exceptions:** | &nbsp;&nbsp;**5** |
| &nbsp;&nbsp;**Grand Total:** | &nbsp;&nbsp;**Grand Total:** | &nbsp;&nbsp;**Grand Total:** | &nbsp;&nbsp;**411** |

---

**TAPE INTEGRITY REVIEW RESULTS SUMMARY**

Of the 362 mortgage loans reviewed, there were 1,963 different tape discrepancies across 32 data fields (some mortgage loans had more than one data delta). The largest variances were found PITIA Reserves Months, Escrow Account and Total Cash-out.

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Loans With Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**% Variance** | &nbsp;&nbsp;**# Of Loans** |
| &nbsp;&nbsp;# of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;20 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;362 |

---

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---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;1 | &nbsp;&nbsp;20 | &nbsp;&nbsp;5.00% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;20 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Balloon Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;341 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Borrower First Name | &nbsp;&nbsp;145 | &nbsp;&nbsp;361 | &nbsp;&nbsp;40.17% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Borrower FTHB | &nbsp;&nbsp;4 | &nbsp;&nbsp;20 | &nbsp;&nbsp;20.00% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Borrower Full Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;152 | &nbsp;&nbsp;361 | &nbsp;&nbsp;42.11% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Borrower SSN | &nbsp;&nbsp;137 | &nbsp;&nbsp;341 | &nbsp;&nbsp;40.18% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;City | &nbsp;&nbsp;12 | &nbsp;&nbsp;362 | &nbsp;&nbsp;3.31% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Decision System | &nbsp;&nbsp;9 | &nbsp;&nbsp;16 | &nbsp;&nbsp;56.25% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;9 | &nbsp;&nbsp;168 | &nbsp;&nbsp;5.36% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Escrow Account | &nbsp;&nbsp;320 | &nbsp;&nbsp;341 | &nbsp;&nbsp;93.84% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Has FTHB | &nbsp;&nbsp;11 | &nbsp;&nbsp;169 | &nbsp;&nbsp;6.51% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Interest Only Period | &nbsp;&nbsp;1 | &nbsp;&nbsp;29 | &nbsp;&nbsp;3.45% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Investor: Qualifying Total Debt Ratio | &nbsp;&nbsp;62 | &nbsp;&nbsp;185 | &nbsp;&nbsp;33.51% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Lender | &nbsp;&nbsp;67 | &nbsp;&nbsp;341 | &nbsp;&nbsp;19.65% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;20 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Margin | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;9 | &nbsp;&nbsp;21 | &nbsp;&nbsp;42.86% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;361 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;26 | &nbsp;&nbsp;361 | &nbsp;&nbsp;7.20% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;24 | &nbsp;&nbsp;361 | &nbsp;&nbsp;6.65% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;37 | &nbsp;&nbsp;361 | &nbsp;&nbsp;10.25% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;21 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Original Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;PITIA Reserves Months | &nbsp;&nbsp;337 | &nbsp;&nbsp;341 | &nbsp;&nbsp;98.83% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Prepayment Penalty Period (months) | &nbsp;&nbsp;163 | &nbsp;&nbsp;341 | &nbsp;&nbsp;47.80% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Product Description | &nbsp;&nbsp;143 | &nbsp;&nbsp;341 | &nbsp;&nbsp;41.94% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;37 | &nbsp;&nbsp;362 | &nbsp;&nbsp;10.22% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Purpose | &nbsp;&nbsp;2 | &nbsp;&nbsp;361 | &nbsp;&nbsp;0.55% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Refi Purpose | &nbsp;&nbsp;10 | &nbsp;&nbsp;174 | &nbsp;&nbsp;5.75% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Representative FICO | &nbsp;&nbsp;24 | &nbsp;&nbsp;361 | &nbsp;&nbsp;6.65% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;State | &nbsp;&nbsp;0 | &nbsp;&nbsp;362 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Street | &nbsp;&nbsp;11 | &nbsp;&nbsp;362 | &nbsp;&nbsp;3.04% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Total Cash-out | &nbsp;&nbsp;191 | &nbsp;&nbsp;198 | &nbsp;&nbsp;96.46% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;Zip | &nbsp;&nbsp;13 | &nbsp;&nbsp;362 | &nbsp;&nbsp;3.59% | &nbsp;&nbsp;362 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1963** | &nbsp;&nbsp;**8173** | &nbsp;&nbsp;**24.02%** | &nbsp;&nbsp;**362** |

---

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

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---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;361 | &nbsp;&nbsp;99.72% | &nbsp;&nbsp;$187560668.00 | &nbsp;&nbsp;99.90% |
| &nbsp;&nbsp;Adjustable | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.28% | &nbsp;&nbsp;$195000.00 | &nbsp;&nbsp;0.10% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**362** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$187755668.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;362 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$187755668.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**362** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$187755668.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Cash Out: Home Improvement/Renovation | &nbsp;&nbsp;7 | &nbsp;&nbsp;1.93% | &nbsp;&nbsp;$3735181.00 | &nbsp;&nbsp;1.99% |
| &nbsp;&nbsp;Cash Out: Other/Multi-purpose/Unknown Purpose | &nbsp;&nbsp;158 | &nbsp;&nbsp;43.65% | &nbsp;&nbsp;$80479634.00 | &nbsp;&nbsp;42.86% |
| &nbsp;&nbsp;First Time Home Purchase | &nbsp;&nbsp;35 | &nbsp;&nbsp;9.67% | &nbsp;&nbsp;$20457976.00 | &nbsp;&nbsp;10.90% |
| &nbsp;&nbsp;Other-than-first-time Home Purchase | &nbsp;&nbsp;120 | &nbsp;&nbsp;33.15% | &nbsp;&nbsp;$58337481.00 | &nbsp;&nbsp;31.07% |
| &nbsp;&nbsp;Rate/Term Refinance - Borrower Initiated | &nbsp;&nbsp;42 | &nbsp;&nbsp;11.60% | &nbsp;&nbsp;$24745396.00 | &nbsp;&nbsp;13.18% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**362** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$187755668.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;241-360 Months | &nbsp;&nbsp;354 | &nbsp;&nbsp;97.79% | &nbsp;&nbsp;$180786418.00 | &nbsp;&nbsp;96.29% |
| &nbsp;&nbsp;361+ Months | &nbsp;&nbsp;8 | &nbsp;&nbsp;2.21% | &nbsp;&nbsp;$6969250.00 | &nbsp;&nbsp;3.71% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**362** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$187755668.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Property Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Single Family Detached | &nbsp;&nbsp;216 | &nbsp;&nbsp;59.67% | &nbsp;&nbsp;$113453232.00 | &nbsp;&nbsp;60.43% |
| &nbsp;&nbsp;Condo, Low Rise | &nbsp;&nbsp;24 | &nbsp;&nbsp;6.63% | &nbsp;&nbsp;$10946071.00 | &nbsp;&nbsp;5.83% |
| &nbsp;&nbsp;Condo, High Rise | &nbsp;&nbsp;7 | &nbsp;&nbsp;1.93% | &nbsp;&nbsp;$4837850.00 | &nbsp;&nbsp;2.58% |
| &nbsp;&nbsp;PUD | &nbsp;&nbsp;62 | &nbsp;&nbsp;17.13% | &nbsp;&nbsp;$36125110.00 | &nbsp;&nbsp;19.24% |
| &nbsp;&nbsp;1 Family Attached | &nbsp;&nbsp;4 | &nbsp;&nbsp;1.10% | &nbsp;&nbsp;$2959000.00 | &nbsp;&nbsp;1.58% |
| &nbsp;&nbsp;2 Family | &nbsp;&nbsp;30 | &nbsp;&nbsp;8.29% | &nbsp;&nbsp;$9604425.00 | &nbsp;&nbsp;5.12% |
| &nbsp;&nbsp;3 Family | &nbsp;&nbsp;4 | &nbsp;&nbsp;1.10% | &nbsp;&nbsp;$3698800.00 | &nbsp;&nbsp;1.97% |
| &nbsp;&nbsp;4 Family | &nbsp;&nbsp;15 | &nbsp;&nbsp;4.14% | &nbsp;&nbsp;$6131180.00 | &nbsp;&nbsp;3.27% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**362** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$187755668.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Primary | &nbsp;&nbsp;114 | &nbsp;&nbsp;31.49% | &nbsp;&nbsp;$85325235.00 | &nbsp;&nbsp;45.44% |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;235 | &nbsp;&nbsp;64.92% | &nbsp;&nbsp;$93295956.00 | &nbsp;&nbsp;49.69% |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;13 | &nbsp;&nbsp;3.59% | &nbsp;&nbsp;$9134477.00 | &nbsp;&nbsp;4.87% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**362** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$187755668.00** | &nbsp;&nbsp;**100.00%** |

---

16 \| P a g e

## Exhibit 99.2

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.2**

![](situs-logo.jpg)

---

| |
|:---|
| **Valuation Report** |
| **Run Date - 2/18/2026 3:43:43 PM** |

---

---

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| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Mapped ID** | **Deal ID** | **Investor Loan Number** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Value for LTV** | **As-Is Value for LTV** | **LTV Value Variance Amount** | **LTV Value Variance Percent** | **Primary Valuation Value** | **Primary Valuation Report Date** | **Primary Valuation Effective Date** | **Primary Valuation Type** | **Primary Valuation Company** | **Primary Valuation Appraiser Name** | **Primary Valuation Appraiser License Num** | **Primary Valuation FSD Score** | **Secondary Valuation Value** | **Secondary Valuation Variance Amount** | **Secondary Valuation Variance Percent** | **Secondary Valuation Report Date** | **Secondary Valuation Effective Date** | **Secondary Valuation Type** | **Secondary Valuation Company** | **Secondary Valuation FSD Score** | **Secondary Valuation Desk Review Risk Score** | **AVM Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Company** | **AVM FSD Score** | **AVM Report Date** | **Desk Review Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Report Date** | **Desk Review Effective Date** | **Desktop Appraisal Value** | **Desktop Appraisal Variance Amount** | **Desktop Appraisal Variance Percent** | **Desktop Appraisal Company** | **Desktop Appraisal Report Date** | **Desktop Appraisal Effective Date** | **BPO Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Report Date** | **Field Review Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Report Date** | **Field Review Effective Date** | **2055 Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Report Date** | **2055 Effective Date** | **AVE/CMA Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Report Date** | **Hybrid Valuation Value** | **Hybrid Valuation Variance Amount** | **Hybrid Valuation Variance Percent** | **Hybrid Valuation Company** | **Hybrid Valuation Report Date** | **Updated Valuation Value** | **Updated Valuation Variance Amount** | **Updated Valuation Variance Percent** | **Updated Valuation Company** | **Updated Valuation Report Date** | **Updated Valuation Effective Date** | **Aggregate Appraised Value** | **Aggregate Variance Amount** | **Aggregate Variance Percent** | **Value Analysis Valuation Value** | **Value Analysis Report Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **LCA Risk Score** | **Collateral Underwriter Risk Score** |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 3.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119198 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119203 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.50 | 3.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.60 | 4.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119529 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119217 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119238 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 4.440% | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119239 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 1.80 |
| XXXX | XXXX | XXXX | XXXX | 4350119220 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119508 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119506 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119234 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119245 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.80 |
| XXXX | XXXX | XXXX | XXXX | 4350119229 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119254 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.50 | 999.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119249 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5.00 | 1.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119535 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119262 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119264 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119265 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -7.360% | XXXX | XXXX | Appraisal | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX | -7.360% | XXXX | Low | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 2.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119223 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119225 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 2.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119511 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119282 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 4.250% | XXXX | XXXX | Appraisal | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX | 4.250% | XXXX | Moderate | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 4.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119278 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 3.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119547 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119291 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 3.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 3.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119297 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119240 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 2.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119552 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119232 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 2.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119303 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.50 | 2.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119206 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119276 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 2.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119233 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119255 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 3.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119556 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119315 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5.00 | 1.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119241 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 3.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119317 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 2.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119284 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.80 |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119269 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119324 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.50 | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119559 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119331 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119212 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119288 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119328 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 3.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119332 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 2.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 3.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119335 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5.00 | 4.80 |
| XXXX | XXXX | XXXX | XXXX | 4350119525 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119251 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119325 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 999.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119319 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5.00 | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119327 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119320 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119527 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119314 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Desk Review | XXXX | XXXX | XXXX |  | XXXX | XXXX | 11.700% | XXXX | XXXX | Appraisal | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119353 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119359 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -0.020% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 2.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119362 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 4.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119261 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119279 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119285 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119367 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119365 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119258 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -4.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -32.930% | XXXX | XXXX | Desk Review | XXXX |  | High |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119298 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119376 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119374 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119384 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119385 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119337 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 2.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119391 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 2.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119390 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119393 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 3.80 |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119398 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.80 |
| XXXX | XXXX | XXXX | XXXX | 4350119379 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119358 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119412 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119411 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119305 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119507 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -4.760% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 2.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119304 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -5.600% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 3.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119346 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 3.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119420 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119417 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 3.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119549 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119369 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 3.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119277 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 3.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119403 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119520 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119419 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5.00 | 4.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119415 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119416 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119252 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119423 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119538 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119339 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 2.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119368 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119542 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119560 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119426 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119427 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119399 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119395 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119356 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119515 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119308 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119429 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 2.70 |
| XXXX | XXXX | XXXX | XXXX | 4350119354 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119273 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119528 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -2.910% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119364 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119392 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.70 |
| XXXX | XXXX | XXXX | XXXX | 4350119340 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 1.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119357 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119292 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119439 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119400 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5.00 | 2.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119442 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119406 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119257 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Field Review | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119301 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.80 |
| XXXX | XXXX | XXXX | XXXX | 4350119270 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119204 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.50 | 1.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119293 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 1.240% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119444 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 4.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119389 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5.00 | 2.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119519 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119407 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 2.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119307 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.50 | 4.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119443 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.70 |
| XXXX | XXXX | XXXX | XXXX | 4350119438 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119248 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.80 |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119524 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119536 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119378 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119430 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119316 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119421 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119343 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119575 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119433 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119287 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119530 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119456 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 2.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119290 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.50 | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119341 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119349 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 3.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119371 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 2.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119397 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119548 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119463 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.50 |  |
| XXXX | XXXX | XXXX | XXXX | 4350119531 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119425 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119516 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119428 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -6.250% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.50 | 2.80 |
| XXXX | XXXX | XXXX | XXXX | 4350119336 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119329 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119513 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119526 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119540 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119286 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119431 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -8.750% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 3.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119435 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119224 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX | Low | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119388 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -0.250% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 2.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119449 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119381 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119360 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 3.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119450 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119333 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119345 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119228 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.70 |
| XXXX | XXXX | XXXX | XXXX | 4350119355 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 4.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119413 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119295 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 2.80 |
| XXXX | XXXX | XXXX | XXXX | 4350119472 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119256 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 2.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119235 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119382 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 2.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119576 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119554 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119350 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119522 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119347 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -4.550% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 4.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119230 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119565 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119557 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119555 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119453 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119310 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119405 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -6.130% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 4.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119334 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119387 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119454 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119330 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 1.070% | XXXX | XXXX | Appraisal | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119447 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119246 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119299 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 3.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119471 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119483 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.610% | XXXX | XXXX | Appraisal | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119377 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119479 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119309 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119451 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119363 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119487 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119486 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119490 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119485 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119489 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119468 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119452 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119461 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119518 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Appraisal | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119418 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 |  |
| XXXX | XXXX | XXXX | XXXX | 4350119492 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.80 |
| XXXX | XXXX | XXXX | XXXX | 4350119462 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119396 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119373 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 4.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119475 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119466 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.50 | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119318 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119375 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119493 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 2.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119465 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119567 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119566 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119469 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119460 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119218 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119569 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119572 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119570 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX | 0.000% | XXXX | Moderate | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119571 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119546 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119476 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119553 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119550 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119558 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119383 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.80 |
| XXXX | XXXX | XXXX | XXXX | 4350119394 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.70 |
| XXXX | XXXX | XXXX | XXXX | 4350119474 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.50 | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -4.910% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 2.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119470 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 2.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119562 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119409 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -9.300% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 3.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119459 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -8.810% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119563 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -7.690% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119480 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | 3.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119351 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119366 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 50.960% | XXXX | XXXX | AVM | XXXX | 0.12 |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119551 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119539 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119414 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119432 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 1.70 |
| XXXX | XXXX | XXXX | XXXX | 4350119457 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119561 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119404 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -5.300% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 2.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119448 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119311 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119267 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Appraisal | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 1.630% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 3.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119501 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119200 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119533 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119574 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119481 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 2.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119458 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119484 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119534 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119545 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119499 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119437 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119523 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119541 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119543 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119477 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 2.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 2.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119213 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119219 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5.00 | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119498 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -4.260% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119497 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119505 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119244 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119250 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119348 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119227 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119216 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 999.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119231 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 999.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119478 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119503 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119504 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119532 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119573 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119196 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119441 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.70 |
| XXXX | XXXX | XXXX | XXXX | 4350119372 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -8.420% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 3.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119178 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 4.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119182 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119181 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119185 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -7.280% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 4.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119192 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.80 |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119189 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119190 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119175 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119191 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119187 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119183 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |

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## Exhibit 99.3

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.3**

![](situs-logo.jpg)

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| |
|:---|
| **Exception Grades** |
| **Run Date - 2/18/2026 3:43:43 PM** |

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| **XXXX Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Mapped ID** | **Deal ID** | **Investor Loan Number** | **Loan Exception ID** | **Exception ID** | **Exception Date** | **Exception Type** | **Exception Category** | **Exception Subcategory** | **15E Category** | **Exception** | **Exception Detail** | **Exception Information** | **Compensating Factors** | **Compensating Factor Information** | **Applying Party** | **Follow-up Comments** | **Cleared Date** | **Cured Date** | **Waived Date** | **Exception Level Grade** | **Note Date** | **Property State** | **Occupancy** | **Purpose** | **Exception Remediation** | **Originator QM ATR Status** | **TPR QM ATR Status** | **Is Curable** |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Please provide Business Purpose Certification and Guaranty Agreement signed by the borrowers. |  |  |  | Reviewer Comment (XXXX-23): Entered as Investment Property. Guarantor Agreement received.<br>Reviewer Comment (XXXX-21): Guarantor Agreement received. Please confirm if this is a Business Purpose loan, or if it is just an investment property. If Business Purpose, please provide Business Purpose Cert. | XXXX |  |  | 1 A | XXXX | XXXX | Second Home | Refinance - Rate/Term | A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119198 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Please provide Business Purpose Certification and Guaranty Agreement signed by the borrowers. |  |  |  | Reviewer Comment (XXXX): Both signers of the Guarantor Agreement and Note are Managers and have authority to bind on the company's behalf. | XXXX |  |  | 1 A | XXXX | XXXX | Investment | Refinance - Rate/Term | A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119198 | XXXX | XXXX | XXXX | XXXX | 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: XXXX <br> Disaster End Date: XXXX<br> Disaster Name: SEVERE STORMS, STRAIGHT-LINE WINDS, AND FLOODING<br> Disaster Declaration Date: XXXX |  |  |  |  | Reviewer Comment (XXXX): Post disaster inspection report provided. | XXXX |  |  | 1 A | XXXX | XXXX | Investment | Refinance - Rate/Term | A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119198 | XXXX | XXXX | XXXX | XXXX | Property | Valuation | General | Valuation | Valuation Product pending |  | XXXX / Post Disaster Inspection + XXXX - 2 Days |  |  |  | Reviewer Comment (XXXX): Post disaster inspection report provided.<br>Reviewer Comment (XXXX): Valuation Received - XXXX | XXXX |  |  | 1 A | XXXX | XXXX | Investment | Refinance - Rate/Term | A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.86 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Lender approved an exception for DSCR score of 0.86, minimum required is 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 13.05<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 740<br> Representative FICO: 807<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (XXXX-29): Lender exceptions with comp factors. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: XXXX XXXX | Red flag for borrower's SSN was not addressed. |  |  |  | Reviewer Comment (XXXX-05): Information on 1008. Cleared.<br>Seller Comment (XXXX-03): (Rate Lock) 1008 and valiation provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Please provide a corrected Note with XXXX signing as an individual as they were not given authority as a member or manager to sign on the business' behalf by the Operating agreement. \*\*\*Updated XXXX\*\*\* Need updated Note and Security Instrument removing XXXX as an Authorized Signer and singing as an Individual. XXXX needs to be removed as a Guarantor from the Agreement. Or, provide Operating Agreement reflecting their authority to sign, then credit documents can be waived. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 13.05<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 740<br> Representative FICO: 807<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (XXXX-17): Individual is Manager per Articles of Organization, but Operating Agreement reflect no authority. Lender exception to accept file as is with additional signor, with missing docs, in place of removing the individual that is not a borrower/Guarantor.<br>Reviewer Comment (XXXX-17): Borrower signing as spouse only, not borrower or authorized signer for the business. Lender Exception with Compensating Factors provided. Client accepted docs as signed. Downgraded and Waived.<br>Reviewer Comment (XXXX-17): Lender Exception with Compensating Factors provided. Client accepted docs as signed. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided |  | Please provide guarantor agreement for XXXX, or provide a new Note with XXXX signing as an individual as well as on behalf of the business. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 13.05<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 740<br> Representative FICO: 807<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (XXXX-17): Individual is Manager per Articles of Organization, but Operating Agreement reflect no authority. Lender exception to accept file as is with additional signor, with missing docs, in place of removing the individual that is not a borrower/Guarantor.<br>Reviewer Comment (XXXX-17): Borrower signing as spouse only, not borrower or authorized signer for the business. Lender Exception with Compensating Factors provided. Client accepted docs as signed. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | XXXX | XXXX | Credit | 1003 | Missing Document | 1003 | Missing Lender's Initial 1003/Application. |  | Please provide 1003 for XXXX since they are not an Authorized Signer of the business. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 13.05<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 740<br> Representative FICO: 807<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (XXXX-17): Individual is Manager per Articles of Organization, but Operating Agreement reflect no authority. Lender exception to accept file as is with additional signor, with missing docs, in place of removing the individual that is not a borrower/Guarantor.<br>Reviewer Comment (XXXX-17): Borrower signing as spouse only, not borrower or authorized signer for the business. Lender Exception with Compensating Factors provided. Client accepted docs as signed. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 13.05<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 740<br> Representative FICO: 807<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (XXXX-17): Individual is Manager per Articles of Organization, but Operating Agreement reflect no authority. Lender exception to accept file as is with additional signor, with missing docs, in place of removing the individual that is not a borrower/Guarantor.<br>Reviewer Comment (XXXX-17): Borrower signing as spouse only, not borrower or authorized signer for the business. Lender Exception with Compensating Factors provided. Client accepted docs as signed. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX | XXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | Disclosure: E-Sign Consent Agreement |  |  |  |  | Reviewer Comment (XXXX-05): Consent provided.<br>Seller Comment (XXXX-01): (Rate Lock) Provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (XXXX-05): Client accepts EV2 and Waives.<br>Seller Comment (XXXX-01): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee) | Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold) |  |  |  |  | Reviewer Comment (XXXX-22): Client elects to use 0.212% discount point reduction basis for subject loan, allowing for exclusion of two bona fide discount points.<br>Reviewer Comment (XXXX-06): A discount point is "bona fide" if it reduces the consumer's interest rate by an amount that reflects established industry practices, such as secondary mortgage market norms (XXXX defaults to 0.25% and the client selected default setting for this deal is also 0.25%). The rate reduction is 0.21% per discount point paid, which does not meet the industry standard of 0.25% or the client selected deal setting of 0.25%.The HOEPA high-cost remediation requirements would be (deadline XXXX). (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check for XXXX and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. Evidence of borrower's choice must be provided<br>Reviewer Comment (XXXX-05): Sent to compliance.<br>Seller Comment (XXXX-01): (Rate Lock) The condition is not valid as the loan is not high cost. Based on the loan details, we can exclude two bona-fide discount points. The remaining points and fees are well below allowable threshold. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower |  |  |  |  | Reviewer Comment (XXXX-22): Client elects to use 0.212% discount point reduction basis for subject loan, allowing for exclusion of two bona fide discount points.<br>Reviewer Comment (XXXX-06): A discount point is "bona fide" if it reduces the consumer's interest rate by an amount that reflects established industry practices, such as secondary mortgage market norms (XXXX defaults to 0.25% and the client selected default setting for this deal is also 0.25%). The rate reduction is 0.21% per discount point paid, which does not meet the industry standard of 0.25% or the client selected deal setting of 0.25%.The HOEPA high-cost remediation requirements would be (deadline XXXX). (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check for XXXX and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. Evidence of borrower's choice must be provided<br>Reviewer Comment (XXXX-05): Sent to compliance.<br>Seller Comment (XXXX-01): (Rate Lock) The condition is not valid as the loan is not high cost. Based on the loan details, we can exclude two bona-fide discount points. The remaining points and fees are well below allowable threshold. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. |  |  |  |  | Reviewer Comment (XXXX-22): Client elects to use 0.212% discount point reduction basis for subject loan, allowing for exclusion of two bona fide discount points.<br>Reviewer Comment (XXXX-06): A discount point is "bona fide" if it reduces the consumer's interest rate by an amount that reflects established industry practices, such as secondary mortgage market norms (XXXX defaults to 0.25% and the client selected default setting for this deal is also 0.25%). The rate reduction is 0.21% per discount point paid, which does not meet the industry standard of 0.25% or the client selected deal setting of 0.25%.The HOEPA high-cost remediation requirements would be (deadline XXXX). (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check for XXXX and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. Evidence of borrower's choice must be provided<br>Reviewer Comment (XXXX-05): Sent to compliance.<br>Seller Comment (XXXX-01): (Rate Lock) The condition is not valid as the loan is not high cost. Based on the loan details, we can exclude two bona-fide discount points. The remaining points and fees are well below allowable threshold. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days. |  |  |  |  | Reviewer Comment (XXXX-22): Client elects to use 0.212% discount point reduction basis for subject loan, allowing for exclusion of two bona fide discount points.<br>Reviewer Comment (XXXX-06): A discount point is "bona fide" if it reduces the consumer's interest rate by an amount that reflects established industry practices, such as secondary mortgage market norms (XXXX defaults to 0.25% and the client selected default setting for this deal is also 0.25%). The rate reduction is 0.21% per discount point paid, which does not meet the industry standard of 0.25% or the client selected deal setting of 0.25%.The HOEPA high-cost remediation requirements would be (deadline XXXX). (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check for XXXX and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. Evidence of borrower's choice must be provided<br>Reviewer Comment (XXXX-05): Sent to compliance.<br>Seller Comment (XXXX-01): (Rate Lock) The condition is not valid as the loan is not high cost. Based on the loan details, we can exclude two bona-fide discount points. The remaining points and fees are well below allowable threshold. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.59168% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of XXXX on a Federal Total Loan Amount of XXXX vs. an allowable total of XXXX (an overage of XXXX or .59168%). Non-Compliant High Cost Loan. |  |  |  |  | Reviewer Comment (XXXX-22): Client elects to use 0.212% discount point reduction basis for subject loan, allowing for exclusion of two bona fide discount points.<br>Reviewer Comment (XXXX-06): A discount point is "bona fide" if it reduces the consumer's interest rate by an amount that reflects established industry practices, such as secondary mortgage market norms (XXXX defaults to 0.25% and the client selected default setting for this deal is also 0.25%). The rate reduction is 0.21% per discount point paid, which does not meet the industry standard of 0.25% or the client selected deal setting of 0.25%.The HOEPA high-cost remediation requirements would be (deadline XXXX). (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check for XXXX and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. Evidence of borrower's choice must be provided<br>Reviewer Comment (XXXX-05): Sent to compliance.<br>Seller Comment (XXXX-01): (Rate Lock) The condition is not valid as the loan is not high cost. Based on the loan details, we can exclude two bona-fide discount points. The remaining points and fees are well below allowable threshold. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. |  |  |  |  | Reviewer Comment (XXXX-22): Client elects to use 0.212% discount point reduction basis for subject loan, allowing for exclusion of two bona fide discount points.<br>Reviewer Comment (XXXX-06): A discount point is "bona fide" if it reduces the consumer's interest rate by an amount that reflects established industry practices, such as secondary mortgage market norms (XXXX defaults to 0.25% and the client selected default setting for this deal is also 0.25%). The rate reduction is 0.21% per discount point paid, which does not meet the industry standard of 0.25% or the client selected deal setting of 0.25%.The HOEPA high-cost remediation requirements would be (deadline XXXX). (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check for XXXX and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. Evidence of borrower's choice must be provided<br>Reviewer Comment (XXXX-05): Sent to compliance.<br>Seller Comment (XXXX-01): (Rate Lock) The condition is not valid as the loan is not high cost. Based on the loan details, we can exclude two bona-fide discount points. The remaining points and fees are well below allowable threshold. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for XXXX overdrafts in a 12 month period. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided.<br>Lender Exception with Compensating Factors provided. | XXXX | Reviewer Comment (XXXX-31): Lender Exception with Compensating Factors provided. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Business does not have 2 year history of being open. |  |  |  | Reviewer Comment (XXXX-07): Evidence of business open and 4 years prior self employment provided. Cleared.<br>Seller Comment (XXXX-07): (Rate Lock) Previously provided articles of organization which shows a filed date. This is a legal document and is sufficient to clear this condition.<br>Reviewer Comment (XXXX-06): Document dated post close. Please provide pre-close documentation or Lender Exception with Alternate third party documentation relied upon in place of post close docs.<br>Seller Comment (XXXX-06): (Rate Lock) Dated doc and articles of org provided<br>Reviewer Comment (XXXX-05): Verification not dated. Please provide evidence of date document pulled.<br>Seller Comment (XXXX-01): (Rate Lock) Proof borrower has been in same line of work | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Business does not have 2 year history of being open. |  |  |  | Reviewer Comment (XXXX-07): Evidence of business open and 4 years prior self employment provided. Cleared.<br>Seller Comment (XXXX-07): (Rate Lock) Previously provided articles of organization which shows a filed date. This is a legal document and is sufficient to clear this condition.<br>Reviewer Comment (XXXX-06): Document dated post close. Please provide pre-close documentation or Lender Exception with Alternate third party documentation relied upon in place of post close docs.<br>Seller Comment (XXXX-06): (Rate Lock) Dated doc and articles of org provided<br>Reviewer Comment (XXXX-05): Verification not dated. Please provide evidence of date document pulled.<br>Seller Comment (XXXX-01): (Rate Lock) Proof borrower has been in same line of work | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (XXXX/XXXX) | Provide evidence the borrower received copies of all appraisals at least 3 days prior to closing. |  |  |  | Reviewer Comment (XXXX-05): Client accepts EV2 and Waives.<br>Seller Comment (XXXX-01): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (XXXX/XXXX) | Provide evidence the borrower received copies of all appraisals at least 3 days prior to closing. |  |  |  | Reviewer Comment (XXXX-05): Client accepts EV2 and Waives.<br>Seller Comment (XXXX-01): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Business does not have a 2 year history of being open. |  |  |  | Reviewer Comment (XXXX-07): Evidence of business open and 4 years prior self employment provided. Cleared.<br>Seller Comment (XXXX-07): (Rate Lock) Previously provided articles of organization which shows a filed date. This is a legal document and is sufficient to clear this condition.<br>Reviewer Comment (XXXX-06): Document dated post close. Please provide pre-close documentation or Lender Exception with Alternate third party documentation relied upon in place of post close docs.<br>Seller Comment (XXXX-06): (Rate Lock) Dated doc and articles of org provided<br>Reviewer Comment (XXXX-05): Verification not dated. Please provide evidence of date document pulled.<br>Seller Comment (XXXX-01): (Rate Lock) Proof borrower has been in same line of work | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Business does not have a 2 year history of being open. |  |  |  | Reviewer Comment (XXXX-07): Evidence of business open and 4 years prior self employment provided. Cleared.<br>Seller Comment (XXXX-07): (Rate Lock) Previously provided articles of organization which shows a filed date. This is a legal document and is sufficient to clear this condition.<br>Reviewer Comment (XXXX-06): Document dated post close. Please provide pre-close documentation or Lender Exception with Alternate third party documentation relied upon in place of post close docs.<br>Seller Comment (XXXX-06): (Rate Lock) Dated doc and articles of org provided<br>Reviewer Comment (XXXX-05): Verification not dated. Please provide evidence of date document pulled.<br>Seller Comment (XXXX-01): (Rate Lock) Proof borrower has been in same line of work | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The borrower's business has not been open 2 years. |  |  |  | Reviewer Comment (XXXX-07): Evidence of business open and 4 years prior self employment provided. Cleared.<br>Seller Comment (XXXX-07): (Rate Lock) Previously provided articles of organization which shows a filed date. This is a legal document and is sufficient to clear this condition.<br>Reviewer Comment (XXXX-06): Document dated post close. Please provide pre-close documentation or Lender Exception with Alternate third party documentation relied upon in place of post close docs.<br>Seller Comment (XXXX-06): (Rate Lock) Dated doc and articles of org provided<br>Reviewer Comment (XXXX-05): Verification not dated. Please provide evidence of date document pulled.<br>Seller Comment (XXXX-01): (Rate Lock) Proof borrower has been in same line of work | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119203 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided |  | Please provide Guarantor Agreement. |  |  |  | Reviewer Comment (XXXX-26): Documents showing borrower signing as individual provided in trailing docs.<br>Seller Comment (XXXX-23): Updated closing docs closing as individual (not LLC) | XXXX |  |  | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119203 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Closing / Title | Collateral | Security Instrument is not signed by borrower(s). |  | The Security Instrument is signed by an entity, not the individual borrower. |  |  |  | Reviewer Comment (XXXX-02): Updated closing documents provided.<br>Seller Comment (XXXX-30): .<br>Seller Comment (XXXX-30): Warranty Deed and Mortgaeg signed as individual | XXXX |  |  | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Creditor did not provide a copy of each valuation to applicant three business days prior to consummation. |  |  |  | Reviewer Comment (XXXX-24): Client elected to waive<br>Seller Comment (XXXX-22): (Rate Lock) EV2 accept please waive | XXXX |  |  | 1 B A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | XXXX | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee) | Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold) | Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. |  |  |  | Reviewer Comment (XXXX-22): Client elects to use 0.229% discount point reduction basis for subject loan, allowing for exclusion of one bona fide discount point.<br>Reviewer Comment (XXXX-05): Threshold of .25% not used to determine bona fide discount points. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | XXXX | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | HOEPA disclosure was not provided to the Borrower. |  |  |  | Reviewer Comment (XXXX-22): Client elects to use 0.229% discount point reduction basis for subject loan, allowing for exclusion of one bona fide discount point. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | XXXX | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | The loan financed Points and Fees. |  |  |  | Reviewer Comment (XXXX-22): Client elects to use 0.229% discount point reduction basis for subject loan, allowing for exclusion of one bona fide discount point. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | XXXX | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days. | Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days. |  |  |  | Reviewer Comment (XXXX-22): Client elects to use 0.229% discount point reduction basis for subject loan, allowing for exclusion of one bona fide discount point. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.55093% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of XXXX on a Federal Total Loan Amount of XXXX vs. an allowable total of XXXX (an overage of XXXX or .55093%). Non-Compliant High Cost Loan. | Points and Fees on subject loan of 5.55093% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of XXXX on a Federal Total Loan Amount of XXXX vs. an allowable total of XXXX (an overage of XXXX or .55093%). Non-Compliant High Cost Loan. |  |  |  | Reviewer Comment (XXXX-22): Client elects to use 0.229% discount point reduction basis for subject loan, allowing for exclusion of one bona fide discount point.<br>Reviewer Comment (XXXX-05): Threshold of .25% not used to determine bona fide discount points. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | XXXX | XXXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Borrower did not receive pre-loan counseling. |  |  |  | Reviewer Comment (XXXX-22): Client elects to use 0.229% discount point reduction basis for subject loan, allowing for exclusion of one bona fide discount point. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application | RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application. | Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three business days of application. |  |  |  | Reviewer Comment (XXXX-24): EV2, client elected to waive<br>Seller Comment (XXXX-22): (Rate Lock) EV2 accept please waive | XXXX |  |  | 1 B A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | State Compliance | State Defect | (State High Cost) XXXX High-Cost Loan (Points and Fees) | XXXX Anti-Predatory Lending Statute: Points and Fees on subject loan of 5.55093% is in excess of the allowable maximum of 5.00000% of the Total Loan Amount. Points and Fees total XXXX on a Total Loan Amount of XXXX vs. an allowable total of XXXX (an overage of XXXX or .55093%). Compliant High Cost Loan. | Points and Fees on subject loan of 5.55093% is in excess of the allowable maximum of 5.00000% of the Total Loan Amount. Points and Fees total XXXX on a Total Loan Amount of XXXX vs. an allowable total of XXXX (an overage of XXXX or .55093%). Compliant High Cost Loan. |  |  |  | Reviewer Comment (XXXX-22): Client elects to use 0.229% discount point reduction basis for subject loan, allowing for exclusion of one bona fide discount point. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No obvious cure C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | XXXX | XXXX | 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 three (3) business days prior to closing. (Final/XXXX) | Closing Disclosure not provided to Borrower(s) at least three business days prior to closing. |  |  |  | Reviewer Comment (XXXX-24): XXXX received multiple CDs and COCs. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No Defined Cure A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119217 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Divorce Decree / Child Support not provided |  | Divorce Decree / Child Support document not provided. |  |  |  | Reviewer Comment (XXXX-11): Received updated 1003 in trailing docs.<br>Reviewer Comment (XXXX-11): Please provide an updated 1003 application that does not reflect the borrower paying child support. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119217 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Bank Statements | Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. (XXXX,XXXX LLC/Bank Statements) | Unable to verify current employment status using reasonably reliable third-party records. Please provide the Verification of business existence required within 120 business days of closing |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) Please waive EV<br>Reviewer Comment (XXXX): Lender Exception to allow deposit activity on business bank statements within 120 days of closing to satisfy employment verification. Post-close documentation such as CPA Letter and Business Info pulled from state website was obtained post-close and cannot be used for ATR purposes.<br>Reviewer Comment (XXXX): CPA letter provided does not confirm business is open and active with deposits in bank statements.<br>Seller Comment (XXXX-02): (Rate Lock) Updated exception provided<br>Reviewer Comment (XXXX-30): Pre-close verification required. DCCA doc dated post close. Exception remains.<br>Reviewer Comment (XXXX-28): Pre-close verification required. DCCA doc dated post close.<br>Seller Comment (XXXX-28): (Rate Lock) pre-close letter provided<br>Reviewer Comment (XXXX-27): This was sent to compliance- Any documentation being relied on to consider and verify ATR standards must have been received by lender at or prior to consummation. Post-close documentation, such as a certificate of good standingXXXXnnot be accepted post-close as the lender was expected to verify this information at or before closing and cannot verify afterwards to comply with the ATR Rule.<br>Seller Comment (XXXX-27): (Rate Lock) exception provided<br>Reviewer Comment (XXXX-18): The borrower can own a company and it not be in operation. The CPA removed the statement that the business has existing operations. Please provide evidence of the business being active dated 120 days prior to closing.<br>Seller Comment (XXXX-17): (Rate Lock) The letter references the borrower is the 100% owner therefore it is still in existence. Additionally, the date is within 120 business days of closing<br>Reviewer Comment (XXXX-11): CPA Letter provided did not verify that the business was still in existence within 120 business days of closing.<br>Seller Comment (XXXX-11): (Rate Lock) Please clear<br>Reviewer Comment (XXXX-05): CPA Letter provided says it is a draft and it was not signed by the preparer.<br>Seller Comment (XXXX-03): (Rate Lock) CPA letter referencing borrowers business provided |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119217 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. (0) | Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-31): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Seller Comment (XXXX-30): (Rate Lock) PCCD docs provided |  | XXXX |  | 2 C B | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119217 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-31): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Seller Comment (XXXX-30): (Rate Lock) PCCD docs provided |  | XXXX |  | 2 C B | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119217 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Maximum Loan Amount discrepancy. | Note loan amount of XXXX is greater than Guideline maximum loan amount of XXXX. | Note loan amount of XXXX is greater than Guideline maximum loan amount of XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors. | XXXX | Reviewer Comment (XXXX-15): Lender Exception with Compensating Factors. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119217 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. |  |  |  | Reviewer Comment (XXXX): Loan is Non-QM.<br>Reviewer Comment (XXXX): CPA letter provided does not confirm business is open and active with deposits in bank statements.<br>Seller Comment (XXXX-02): (Rate Lock) Updated exception provided<br>Reviewer Comment (XXXX-28): Pre-close verification required. DCCA doc dated post close.<br>Seller Comment (XXXX-28): (Rate Lock) pre-close letter provided<br>Reviewer Comment (XXXX-27): This was sent to compliance- Any documentation being relied on to consider and verify ATR standards must have been received by lender at or prior to consummation. Post-close documentation, such as a certificate of good standingXXXXnnot be accepted post-close as the lender was expected to verify this information at or before closing and cannot verify afterwards to comply with the ATR Rule.<br>Seller Comment (XXXX-27): (Rate Lock) exception provided<br>Reviewer Comment (XXXX-18): The borrower can own a company and it not be in operation. The CPA removed the statement that the business has existing operations. Please provide evidence of the business being active dated 120 days prior to closing.<br>Seller Comment (XXXX-17): (Rate Lock) The letter references the borrower is the 100% owner therefore it is still in existence. Additionally, the date is within 120 business days of closing<br>Reviewer Comment (XXXX-11): CPA Letter provided did not verify that the business was still in existence within 120 business days of closing.<br>Reviewer Comment (XXXX-05): CPA Letter provided says it is a draft and it was not signed by the preparer.<br>Seller Comment (XXXX-03): (Rate Lock) CPA letter referencing borrowers business provided | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119217 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Missing Third Party Verification of self employment dated within 120 days of the Note date. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors. | XXXX | Reviewer Comment (XXXX-27): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-27): (Rate Lock) exception provided<br>Reviewer Comment (XXXX-18): The borrower can own a company and it not be in operation. The CPA removed the statement that the business has existing operations. Please provide evidence of the business being active dated 120 days prior to closing.<br>Seller Comment (XXXX-17): (Rate Lock) The letter references the borrower is the 100% owner therefore it is still in existence. Additionally, the date is within 120 business days of closing<br>Reviewer Comment (XXXX-11): CPA Letter provided did not verify that the business was still in existence within 120 business days of closing.<br>Reviewer Comment (XXXX-11): Received CPA Letter in trailing docs.<br>Reviewer Comment (XXXX-05): CPA Letter provided says it is a draft and it was not signed by the preparer.<br>Seller Comment (XXXX-03): (Rate Lock) CPA letter referencing borrowers business provided |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119217 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Unable to verify current employment status using reasonably reliable third-party records. Please provide the Verification of business existence required within 120 business days of closing |  |  |  | Reviewer Comment (XXXX): Received third party verification in trailing docs.<br>Reviewer Comment (XXXX-18): The borrower can own a company and it not be in operation. The CPA removed the statement that the business has existing operations. Please provide evidence of the business being active dated 120 days prior to closing.<br>Seller Comment (XXXX-17): (Rate Lock) The letter references the borrower is the 100% owner therefore it is still in existence. Additionally, the date is within 120 business days of closing<br>Reviewer Comment (XXXX-11): CPA Letter provided did not verify that the business was still in existence within 120 business days of closing.<br>Reviewer Comment (XXXX-11): Received CPA letter in trailing docs.<br>Reviewer Comment (XXXX-05): CPA Letter provided says it is a draft and it was not signed by the preparer.<br>Seller Comment (XXXX-03): (Rate Lock) CPA letter referencing borrowers business provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119217 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Unable to verify current employment status using reasonably reliable third-party records. Please provide the Verification of business existence required within 120 business days of closing |  |  |  | Reviewer Comment (XXXX-27): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (XXXX-27): (Rate Lock) exception provided<br>Reviewer Comment (XXXX): Document provided is dated post-close. Income verification is required to be done prior to closing.<br>Reviewer Comment (XXXX-11): CPA Letter provided did not verify that the business was still in existence within 120 business days of closing.<br>Reviewer Comment (XXXX-11): Received CPA Letter in trailing docs.<br>Reviewer Comment (XXXX-05): CPA Letter provided says it is a draft and it was not signed by the preparer.<br>Seller Comment (XXXX-03): (Rate Lock) CPA letter referencing borrowers business provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119217 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX Chun XXXX Third Party Verification | Unable to verify current employment status using reasonably reliable third-party records. Please provide the Verification of business existence required within 120 business days of closing | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors. | XXXX | Reviewer Comment (XXXX-27): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-27): (Rate Lock) exception provided<br>Reviewer Comment (XXXX-18): The borrower can own a company and it not be in operation. The CPA removed the statement that the business has existing operations. Please provide evidence of the business being active dated 120 days prior to closing.<br>Seller Comment (XXXX-17): (Rate Lock) The letter references the borrower is the 100% owner therefore it is still in existence. Additionally, the date is within 120 business days of closing<br>Reviewer Comment (XXXX-11): CPA Letter provided did not verify that the business was still in existence within 120 business days of closing.<br>Reviewer Comment (XXXX-11): Received CPA Letter in trailing docs.<br>Reviewer Comment (XXXX-05): CPA Letter provided says it is a draft and it was not signed by the preparer.<br>Seller Comment (XXXX-03): (Rate Lock) CPA letter referencing borrowers business provided |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119238 | XXXX | XXXX | XXXX | XXXX | 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: 7 | Note Date: XXXX; Lien Position: 1 | Full appraisal has an appraised value of XXXX, secondary appraisal has an appraised value of XXXX. |  |  |  | Reviewer Comment (XXXX-15): Field review provided.<br>Seller Comment (XXXX-13): (Rate Lock) Field review provided<br>Reviewer Comment (XXXX-15): Please hold this loan for XXXX meeting. This can be waived, but will cause a Securitization issue.<br>Seller Comment (XXXX-12): (Rate Lock) exception provided<br>Reviewer Comment (XXXX-21): CDA provided shows property value XXXX, appraisal value is XXXX<br>Seller Comment (XXXX-21): (Rate Lock) CDA provided<br>Reviewer Comment (XXXX-21): Please provide the copy of the updated CDA.<br>Seller Comment (XXXX-21): (Rate Lock) CDA value is updated and LTV is now 79.44% | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119238 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Incorrect Right To Cancel Form Used - H-9 Used on Non Same Lender Refinance | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinance by a creditor that is not considered the original creditor. The H-9 form was used, the H-8 form should have been used. | Provided right to cancel form was provided with H-9 but the lenders are not the same required valid H-8 form. |  |  |  | Reviewer Comment (XXXX-20): Cure documentation received.<br>Seller Comment (XXXX-15): (Rate Lock) XXXX provided<br>Reviewer Comment (XXXX-24): Specific caselaw for the circuit court in which the property resides not provided.<br>Seller Comment (XXXX-23): (Rate Lock) Please refer to 1026.23(b)(2)<br>Reviewer Comment (XXXX-22): Please provide specific caselaw for the circuit court in which the property resides for use of the H-9 over the H-8 when the creditor is not the original for further review.<br>Seller Comment (XXXX-18): (Rate Lock) Do you have a specific rule against what we originally provided - "As far as the rule is concerned, 1026.23(b)(2) allows for the use of a form "substantially similar" to those in the appendix."<br>Reviewer Comment (XXXX-16): While certain circuit courts have opined favorably in using the H-8 when they should have used the H-9, the same cannot be said for using the H-9 when the H-8 should have been used. Please provide specific caselaw for the circuit court in which the property resides for use of the H-9 over the H-8 when the creditor is not the original for further review.<br>Seller Comment (XXXX-05): (Rate Lock) As far as the rule is concerned, 1026.23(b)(2) allows for the use of a form "substantially similar" to those in the appendix.? As such, H8 and H9 are considered substantially similar and do not create any confusion on the rights to the consumer.? Providing an H8 in place of an H9, or vice versa should not create a situation where a new form is required post-closing and a new rescission period be opened<br>Reviewer Comment (XXXX-24): Incorrect model was used. The verbiage under Your Right To Cancel indicates increase amount previously provided. This is not a same lender refi.<br>Seller Comment (XXXX-23): (Rate Lock) This is invalid; these are our standard docs, and we use this XXXX on all transactions. This is compliant and valid.<br>Reviewer Comment (XXXX-21): Please provide the RTC on the right form for the transaction type.H-8 form should have been used.<br>Seller Comment (XXXX-XXXX): (Rate Lock) This is a wholesale loan, and our standard XXXX what else is needed<br>Reviewer Comment (XXXX-XXXX): RTC disclosed incorrect transaction type<br>Seller Comment (XXXX-XXXX): (Rate Lock) This is a standard XXXX we issue and the dates are correct. This document is compliant |  | XXXX |  | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119238 | XXXX | XXXX | XXXX | XXXX | Property | Appraisal | Appraisal Reconciliation | Appraisal | Secondary valuation via Desk Review or Field Review does not support the value used to qualify. |  |  |  |  |  | Reviewer Comment (XXXX-21): Received an updated appraisal in trailing docs.<br>Seller Comment (XXXX-20): (Rate Lock) Appraisal provided<br>Reviewer Comment (XXXX-15): Filed review value is XXXX. Appraisal value is XXXX.<br>Seller Comment (XXXX-13): (Rate Lock) Field review provided<br>Reviewer Comment (XXXX-15): Please hold this loan for XXXX meeting. This can be waived, but will cause a Securitization issue.<br>Seller Comment (XXXX-12): (Rate Lock) exception provided<br>Reviewer Comment (XXXX-21): CDA provided shows property value XXXX, appraisal value is XXXX<br>Seller Comment (XXXX-21): (Rate Lock) CDA provided<br>Reviewer Comment (XXXX-21): Please provide the copy of the updated CDA.<br>Seller Comment (XXXX-21): (Rate Lock) CDA value is updated and LTV is now 79.44% | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119239 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Third Party Verification | Loan file missing evidence of borrower's percentage of ownership. Or number of shares owned. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX-15): Document provided shows borrower as director but does not prove borrower has 100% ownership of the company.<br>Reviewer Comment (XXXX-03): Third party verification confirming percentage of borrower's ownership dated prior to note date is missing. Exception remains.<br>Reviewer Comment (XXXX-01): 3rd party verification provided signed XXXX, closing date was XXXX. Exception remains.<br>Seller Comment (XXXX-26): (Rate Lock) Document is dated the day of disbursement<br>Reviewer Comment (XXXX-25): Document provided is dated post-closing. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119508 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Allow s/e income on bank statement program received for less than 2 years. Business started XXXX. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 7.57<br> Guideline Requirement: 3.00 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119508 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | 3.3 months reserves allowed versus 6 months. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 7.57<br> Guideline Requirement: 3.00 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119508 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 calendar days of the Note. | Borrower: XXXX XXXX // Employment Type: Employment / Income Type: Wages / Start Date: XXXX | Missing verification of employment dated 10 calendar days prior to the note date. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 7.57<br> Guideline Requirement: 3.00 | XXXX | Reviewer Comment (XXXX-14): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-14): See attached lender exception for VVOE after 10 days<br>Seller Comment (XXXX): See attached |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119506 | XXXX | XXXX | XXXX | XXXX | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Condo is non warrantable. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 89.57<br> Guideline Requirement: 3.00<br>Borrower's Own Funds Percent: 89.10%<br> Borrower's Own Funds Amount: XXXX<br>DTI: 26.61718% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 744 | XXXX | Reviewer Comment (XXXX-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119506 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. |  |  |  | Reviewer Comment (XXXX-16): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-15): lender accepts finding, please clr |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119506 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | RESPA | Missing Final HUD-1 RESPA Investment Occupancy No Business Purpose Cert (Not subject to APL) | RESPA: Missing Final HUD-1 Title Co. Closing Statement used to source fees. Investment occupancy witrh no business purpose cert in file. Loan is not subject to APL tests in scope requiring points and fees. | Closing Statement used to source fees. Investment occupancy with no business purpose cert in file. Loan is not subject to APL tests in scope requiring points and fees. |  |  |  | Reviewer Comment (XXXX-16): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-15): lender accepts finding, please clr |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119506 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Condo conversion is less than 3 years old. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 89.57<br> Guideline Requirement: 3.00<br>Borrower's Own Funds Percent: 89.10%<br> Borrower's Own Funds Amount: XXXX<br>DTI: 26.61718% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 744 | XXXX | Reviewer Comment (XXXX-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119506 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | HOA has non-incidental business operations. HOA leases out 3 commercial units. Rental income is over 10%. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 89.57<br> Guideline Requirement: 3.00<br>Borrower's Own Funds Percent: 89.10%<br> Borrower's Own Funds Amount: XXXX<br>DTI: 26.61718% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 744 | XXXX | Reviewer Comment (XXXX-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119506 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Loan file is missing a third party verification of borrower's business to confirm the duration of the business' existence. |  |  |  | Reviewer Comment (XXXX-23): CPA letter provided reflects borrower has been self-employed for more than 2 years prior to the note date.<br>Seller Comment (XXXX-22): Our G/Ls reflect the following (see below), proof borrower has been S/E for a MIN of 2 yrs and business is currently active, we do not require actual date business started. All requirements were verified.<br>Reviewer Comment (XXXX-16): Document provided shows the CPA has prepared the borrower's tax returns since 2015 but does not disclose the actual start date of the business.<br>Seller Comment (XXXX-15): attached | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119506 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Third Party Verification | Loan file is missing a third party verification of borrower's business to confirm the duration of the business' existence. |  |  |  | Reviewer Comment (XXXX-23): CPA letter provided reflects borrower has been self-employed for more than 2 years prior to the note date.<br>Seller Comment (XXXX-22): Our G/Ls reflect the following (see below), proof borrower has been S/E for a MIN of 2 yrs and business is currently active, we do not require actual date business started. All requirements were verified.<br>Reviewer Comment (XXXX-16): Document provided shows the CPA has prepared the borrower's tax returns since 2015 but does not disclose the actual start date of the business.<br>Seller Comment (XXXX-15): attached | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119234 | XXXX | XXXX | XXXX | XXXX | Credit | 1003 | Document Error | 1003 | Borrower(s) is not a U.S. Citizen, and the guideline required documentation was not provided. | Borrower: XXXX XXXX | Provide 1003 document for guarantor XXXX XXXX as per guarantor agreement. |  |  |  | Reviewer Comment (XXXX): Individual signed as member not Guarantor.<br>Reviewer Comment (XXXX): If the individual is not a borrower or Guarantor, but signing as a Member/Manager, a Corporate Resolution is required by the Operating Agreement to make a loan.<br>Reviewer Comment (XXXX): Received operating agreement, however 1003 for guarantor XXXX XXXX is still required<br>Reviewer Comment (XXXX): 1003 is still required as borrower signed as guarantor on the Note. All documentation will need to have the individual removed if they are not a guarantor or a borrower. To the leave the Note and the Security Instrument with the additional person's name on it, updated Operating Agreement showing the person is an owner of the company is required. Additional documentation may be required based on what documentation is provided. Able to discuss all outcomes and documents required in meeting. Please reach out if needed. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119234 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide fraud report with guarantor XXXX XXXX |  |  |  | Reviewer Comment (XXXX): Individual searches on page of fraud report.<br>Reviewer Comment (XXXX): Fraud report provided does not have XXXX XXXX on it.<br>Seller Comment (XXXX): (Rate Lock) XXXX XXXX was ran on the fraud report<br>Reviewer Comment (XXXX): Fraud report is still required as borrower signed as guarantor on the Note. All documentation will need to have the individual removed if they are not a guarantor or a borrower. To the leave the Note and the Security Instrument with the additional person's name on it, updated Operating Agreement showing the person is an owner of the company is required. Additional documentation may be required based on what documentation is provided. Able to discuss all outcomes and documents required in meeting. Please reach out if needed. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119234 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | VVOE not dated within 10 business days of the note date. |  |  |  | Reviewer Comment (XXXX): Received VVOE in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119234 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Proceed without tax return to calculate rent | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 16.78<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 746 | XXXX | Reviewer Comment (XXXX-08): Client elected to waive with compensating factors. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119245 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | TIL Higher Priced Mortgage Loan Safe Harbor Test | TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. |  |  |  |  | Reviewer Comment (XXXX-28): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-24): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119245 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Incorrect Right To Cancel Form Used - H-9 Used on Non Same Lender Refinance | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinance by a creditor that is not considered the original creditor. The H-9 form was used, the H-8 form should have been used. | Notice of Right to Cancel was not executed on the proper Model Form for a refinance by a creditor that is not considered the original creditor. The H-9 form was used, the H-8 form should have been used. |  |  |  | Reviewer Comment (XXXX-26): Cure documentation received including LOE, proof of delivery, and re-opened rescission using the correct model form.<br>Reviewer Comment (XXXX-15): Received LOE to borrower and RTC H-8 form, however the new RTC is missing an expiration date. Please provide Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form. Transaction date should remain the same as loan transaction date and right to cancel expiration must be at least 3 business days after new signature date or proof of delivery date. |  | XXXX |  | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119245 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero percent fee tolerance fee exceeded by XXXX for Admin fee. COC provided did not disclose a valid reason for the fee change. |  |  |  | Reviewer Comment (XXXX-26): XXXX received LOX for rebuttal response with additional information for a valid Changed circumstance.<br>Reviewer Comment (XXXX-23): XXXX received no new documents in trailing docs that can explain when approval for change in compensation plan has received from borrower/broker. Please provide email confirmation or LOS snip or conversation log to validate the same.<br>Reviewer Comment (XXXX-21): XXXX received LOX for rebuttal response and lock desk information indicates that broker fee updated to XXXX. but it does not give sufficient information on what impacts and why the broker fee was increased. In order to determine if the changed circumstance is valid more information is necessary on reason for the fee increase and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Reviewer Comment (XXXX): XXXX reviews to SFA standards and under TRID Grid 4.0, Additional Considerations, Row 14 it states...When a lender issues a revised loan estimate reflecting an increase in fee(s) subject to tolerance, sufficient COC documentation is required to XXXXseline fee amounts. The regulation provides that "the creditor must be able to show compliance with § 1026.XXXX(e) by documenting the original estimate of the cost at issue, explaining the reason for revision and how it affected settlement costs, showing that the corrected disclosure increased the estimate only to the extent that the reason for revision actually increased the cost, and showing that the timing requirements of § 1026.XXXX(e)(4) were satisfied." To comply with the COC requirements and XXXXseline fee amounts, TPRs will look to the COC documentation in file to include the components enumerated within the regulations as set forth in the preceding paragraph. The COC documentation, at a minimum, should include: 1) The original estimate of the cost (can be documented through fee amounts disclosed on the initial LE); 2) specific reason for the revision and how it impacted the specific fee(s) that increased; 3) the revised amount (can be documented through fee amounts disclosed on the revised LE/CD but increase must correspond with actual change resulting from documented COC and only fees related to the specific COC are considered for XXXXseline); and 4) the date of the changed circumstance (i.e. the date the creditor received information sufficient to establish that one of the reasons for revision provided under § 1026.XXXX(e)(3)(iv)(A) through (F) has occurred) The COC information can be contained on multiple documents (COC doc, screenshot of notes on an LOS or 1008, rate lock agreement, communication logs, etc.) but ideally centralized in the file for an efficient review. Documentation of borrower requested changes should include the date of the borrower's change request and be documented in writing through copy of borrower emails, communication logs, screenshot of LO notes in LOS, etc. See Appendix for examples of sufficient and insufficient COC documentation.<br>Please provide a detailed reason and confirmation of when the information was received that required the increase in fees.<br>Reviewer Comment (XXXX-26): XXXX received Changed Circumstance dated XXXX, but it does not give sufficient information on why the Broker fee was increased. In order to determine if the changed circumstance is valid more information is necessary on reason for the fee increase and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119229 | XXXX | XXXX | XXXX | XXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  |  |  |  |  | Reviewer Comment (XXXX-08): Client elected to waive<br>Seller Comment (XXXX-04): (Rate Lock) Please waive<br>Reviewer Comment (XXXX-02): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02): (Rate Lock) lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119229 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX 4506-C XXXX, 4506-C XXXX | 4506-C missing from file for the 3rd borrower who is a W2 employee. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Loan to Value: 50.00000%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 770 | XXXX | Reviewer Comment (XXXX-20): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-18): (Rate Lock) Exception provided |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119229 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to the 4506-C missing from file for the 3rd borrower who is a W2 employee. |  |  |  | Reviewer Comment (XXXX-20): Lender exception provided along with post dated 4506-C<br>Seller Comment (XXXX-18): (Rate Lock) Exception provided | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119229 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | 4506-C missing from file for the 3rd borrower who is a W2 employee. |  |  |  | Reviewer Comment (XXXX-20): Lender exception provided along with post dated 4506-C<br>Seller Comment (XXXX-18): (Rate Lock) Exception provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119229 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | 4506-C missing from file for the 3rd borrower who is a W2 employee. |  |  |  | Reviewer Comment (XXXX-20): Lender exception provided along with post dated 4506-C<br>Seller Comment (XXXX-18): (Rate Lock) Exception provided<br>Reviewer Comment (XXXX-22): Documentation provided is post close. Provide preclose documentation. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119229 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | 4506-C missing from file for the 3rd borrower who is a W2 employee. |  |  |  | Reviewer Comment (XXXX-20): Lender exception provided along with post dated 4506-C<br>Seller Comment (XXXX-18): (Rate Lock) Exception provided<br>Reviewer Comment (XXXX-08): Borrower employed at XXXX, Inc.<br>Seller Comment (XXXX-05): (Rate Lock) Please advise which borrower, as the 3rd borrower is S/E. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | XXXX | XXXX | Credit | Investment Product | General | Investment Product | REO property does not have a lease in place and required by guidelines. | Address: XXXX, XXXXXXXX XXXX | Lease agreement required in the file. |  |  |  | Reviewer Comment (XXXX-27): Lease provided and cleared. | XXXX |  |  | 1 B A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower 3x30 in the most recent 12 months. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (XXXX-05): Lender Exception with Compensating Factors provided. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided |  |  |  |  |  | Reviewer Comment (XXXX-27): 1007 provided. | XXXX |  |  | 1 A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119249 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Loan file missing third party evidence of the business start date and percentage of borrower's Ownership. Provide Operating Agreement. |  |  |  | Reviewer Comment (XXXX): Operating agreement was provided.<br>Reviewer Comment (XXXX): Regraded to EV2-B with lender exception and compensating factors. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119249 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan file missing third party evidence of the business start date and percentage of borrower's Ownership. Provide Operating Agreement. |  |  |  | Reviewer Comment (XXXX): Loan is Non-QM. | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119249 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Loan file missing third party evidence of the business start date and percentage of borrower's Ownership. Provide Operating Agreement. |  |  |  | Reviewer Comment (XXXX-13): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) Accept EV2 please waive<br>Reviewer Comment (XXXX): Regraded to EV2-B with lender exception and compensating factors.<br>Reviewer Comment (XXXX): Unable to determine the date the "Entity Search" was generated. Verification of percentage of ownership provided. |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119249 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Loan file missing third party evidence of the business start date and percentage of borrower's Ownership. Provide Operating Agreement. |  |  |  | Reviewer Comment (XXXX): Loan is Non-QM.<br>Reviewer Comment (XXXX): Unable to determine the date the "Entity Search" was generated. Verification of percentage of ownership provided.<br>Reviewer Comment (XXXX-10): Third party verification provided is dated XXXX, which is after closing date. Exception remains.<br>Reviewer Comment (XXXX-05): Third party verification provided is dated XXXX, which is after closing date. Exception remains. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119264 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119265 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Appraisal is made "subject to repairs" however there is no 442 available in file. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 114.84<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX): Received lender exception.<br>Reviewer Comment (XXXX): We would be able to take the pictures and letter in place of the 442 if there was evidence the county code is met. This is a property exception and cannot be downgraded or waived.<br>Reviewer Comment (XXXX-22): 442 not provided. Please provide 442. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119265 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Loan file is missing a 442. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 114.84<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Incorrect Right To Cancel Form Used - H-9 Used on Non Same Lender Refinance | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinance by a creditor that is not considered the original creditor. The H-9 form was used, the H-8 form should have been used. | Incorrect model was used. The verbiage under 'Your Right To Cancel' indicates an increased amount previously provided. This is not a same-lender refi. |  |  |  | Reviewer Comment (XXXX-22): Cure documentation provided.<br>Seller Comment (XXXX-20): (Rate Lock) Docs provided |  | XXXX |  | 2 C B | XXXX | XXXX | 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 B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Verification appraisal was delivered to borrower 3 business days prior to closing was not provided. |  |  |  | Reviewer Comment (XXXX-22): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-20): (Rate Lock) Lender accepts Ev2 |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX | Rate Lock is not a valid COC for the addition of an Appraisal fee. |  |  |  | Reviewer Comment (XXXX-13): Sufficient Cure Provided At Closing |  | XXXX |  | 1 A | XXXX | XXXX | Primary | Refinance - Rate/Term | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119223 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  | Reviewer Comment (XXXX-08): Client elects to waive.<br>Seller Comment (XXXX-04): (Rate Lock) Please waive<br>Reviewer Comment (XXXX-02): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119223 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-21): SituXXXX Received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Seller Comment (XXXX-21): (Rate Lock) Docs provided<br>Reviewer Comment (XXXX-14): XXXX: Cure required for reduction in lender credit is XXXX. Cure requirements include LOE, corrected CD, proof of mailing and copy of refund check.<br>Seller Comment (XXXX-13): (Rate Lock) Please confirm cure amount needed for this.<br>Reviewer Comment (XXXX): XXXX received comment stating to accept COC dated XXXX as XXXX which is inaccurate. Kindly provide a valid COC for the lender credit decreased on XXXX or cure due to borrower . Cure documents consist of Post CD,LOX,Copy of refund check and proof of mailing.<br>Seller Comment (XXXX): (Rate Lock) While the COC request date reflects XXXX, the update was not actually completed until XXXX. Therefore the re-disclosure from XXXX is compliant<br>Reviewer Comment (XXXX): LE provided is dated XXXX, Requested LE is for the change of circumstance dated XXXX.<br>Reviewer Comment (XXXX): XXXX File Contains changed circumstance dated XXXX, but a corresponding LE was not provided. Please provide LE for further analysis.<br>Seller Comment (XXXX): (Rate Lock) Proof the LO requested to change from LPC to BPC and this is the reasoning for the decrease in pricing. We were made aware of this this XXXX, re-disclosed XXXX and therefore is compliant<br>Reviewer Comment (XXXX-03): XXXX received COC dated XXXX, however it doesn't give sufficient information why the lender credit decreased from XXXX to XXXX. Please provide additional sufficient information why the credit decreased or cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check.<br>Seller Comment (XXXX-02): (Rate Lock) CIC provided |  | XXXX |  | 2 C B | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119223 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower has XXXX overdrafts in the past 12 months. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 12.05%<br> Borrower's Own Funds Amount: XXXX<br>DTI: 37.62602% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (XXXX-20): Lender Exception with Compensating Factors provided. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119225 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  | ADUs require a current lease with 2 months receipt of rent. The loan file is missing the required documentation. |  |  |  | Reviewer Comment (XXXX): Not required. Lender exception in file. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119225 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.62 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Provide updated Lender Exception. DSCR is less than .974. |  |  |  | Reviewer Comment (XXXX): Updated documents for income provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119225 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | ADU requires a separate 1007 to support rental income verification. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Lender Exception with CF provided. | XXXX | Reviewer Comment (XXXX): Lender Exception with Comp Factors. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119511 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Rural property not permitted for investment transactions. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The refinance has decreased the borrower's monthly debt payments by 20% or more.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: Asset Depletion<br> Disposable Income: XXXX<br>Reserves: 327.43<br> Guideline Requirement: 6.00<br>Loan Purpose: Refinance<br> Monthly Debt Reduction: -22.52042%<br>Guidelines Representative FICO: 680<br> Representative FICO: 745 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | XXXX | XXXX | Credit | 1003 | Document Error | 1003 | Borrower(s) is not a U.S. Citizen, and the guideline required documentation was not provided. | Borrower: XXXX XXXX | Permanent Resident Alien card is missing |  |  |  | Reviewer Comment (XXXX-08): Received permanent resident card in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided |  | Permanent Resident Alien is missing |  |  |  | Reviewer Comment (XXXX-08): Received permanent resident card in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 3.30 is less than Guideline PITIA months reserves of 6.00. | Guidelines requires 6 months reserves, however only 3.25 months reserves available | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 11.72%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX-27): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated PITIA months reserves of 3.25 is less than Guideline PITIA months reserves of 6.00.<br>Reviewer Comment (XXXX): Guidelines require XXXX for closing and reserves. Loan file only contains XXXX. |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to insufficient asset for reserves required. |  |  |  | Reviewer Comment (XXXX-27): System cleared after Lender Exception with Compensating Factors provided.<br>Reviewer Comment (XXXX): Guidelines require XXXX for closing and reserves. Loan file only contains XXXX. | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Loan designation failure due to insufficient asset for reserves required. |  |  |  | Reviewer Comment (XXXX-27): System cleared after Lender Exception with Compensating Factors provided.<br>Reviewer Comment (XXXX): Guidelines require XXXX for closing and reserves. Loan file only contains XXXX. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower maintains immigration asylum status under EAD category A05. The borrower's country of birth is XXXX. \*\*\*\*\* Updated XXXX\*\*\*\* Provide evidence of borrower's legal right to live and work in the U.S. with a copy of an unexpired VISA reflecting an acceptable class per Guidelines or an I-797 form (Notice of Action) with valid extension dates and an I-94 form (Arrival/Departure Record). Borrowers unable to provide evidence of lawful residency status in the U.S. are not eligible for financing. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 11.72%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX-02): Client elected to waive with compensating factors. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Loan designation failure due to insufficient asset for reserves required. |  |  |  | Reviewer Comment (XXXX-27): System cleared after Lender Exception with Compensating Factors provided.<br>Reviewer Comment (XXXX): Guidelines require XXXX for closing and reserves. Loan file only contains XXXX.<br>Reviewer Comment (XXXX-08): Asset documents provided in trailing docs were included in the original file docs and have already been factored in. Please provide additional assets meet the reserves requirement. Required reserves months = 6months. Reserved verified = 3.25months. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Asset documents provided in trailing docs were included in the original file docs and have already been factored in. Please provide additional assets meet the reserves requirement. Required reserves months = 6months. Reserved verified = 3.25months. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least XXXX. | Borrower's Own Funds Percent: 11.72%<br> Borrower's Own Funds Amount: XXXX<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (XXXX-27): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX): Guidelines require XXXX for closing and reserves. Loan file only contains XXXX.<br>Reviewer Comment (XXXX-08): Asset documents provided in trailing docs were included in the original file docs and have already been factored in. Please provide additional assets meet the reserves requirement. Required reserves months = 6months. Reserved verified = 3.25months. |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119282 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | HOA elected not to fund reserves this year as they need no repairs and have close to XXXXMM in cash on hand. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 70.44%<br> Borrower's Own Funds Amount: XXXX<br>Combined Loan to Value: 70.00000%<br> Guideline Maximum Combined Loan to Value: 80.00000%<br>Loan to Value: 70.00000%<br> Guideline Maximum Loan to Value: 80.00000%<br>DTI: 39.77401% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 760 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXXXXXX Insurance Verification, Tax Verification | The file is missing a copy of the insurance and tax verification for REO, XXXX. |  |  |  | Reviewer Comment (XXXX-15): Tax verification was provided.<br>Seller Comment (XXXX-13): (Rate Lock) Tax cert provided for XXXX and LOE stating there is no HOI<br>Reviewer Comment (XXXX): Tax certificate provided is not for the subject property. Home insurance document was also not provided.<br>Seller Comment (XXXX): (Rate Lock) Docs provided | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) | No evidence that borrower received a copy of appraisal 3 business days to closing. |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive. |  |  | XXXX | 2 B | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Secondary/XXXX) | No evidence that borrower received a copy of appraisal 3 business days to closing. |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive. |  |  | XXXX | 2 B | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Loan amount of XXXX million exceeds allowable. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>DTI: 30.49116% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 753 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX): (Rate Lock) exception provided |  |  | XXXX | 2 C B | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Eligibility | Guideline Issue | Loan Eligibility | Delayed Financing: Subject loan did not close within the required time-frame (vs. previous transaction), per guideline requirements. |  |  |  |  |  | Reviewer Comment (XXXX-22): Cleared.<br>Seller Comment (XXXX-20): (Rate Lock) Attached settlement statement and withdrawal from borrowers trust account on 0XXXX proving its owns funds. | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD (Initial Purchase) not provided |  | Loan is delayed finance. Loan file is missing the Initial purchase HUD/CD. |  |  |  | Reviewer Comment (XXXX-22): Cleared.<br>Seller Comment (XXXX-20): (Rate Lock) Attached settlement statement and withdrawal from borrowers trust account on XXXX proving its owns funds. | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Source of Funds for the Initial Purchase not provided |  | Loan file is missing the source of funds for the Initial Purchase. |  |  |  | Reviewer Comment (XXXX-22): Cleared.<br>Seller Comment (XXXX-20): (Rate Lock) Attached settlement statement and withdrawal from borrowers trust account on 0XXXX proving its owns funds. | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Corporate resolution | Loan file is missing a corporate resolution. |  |  |  | Reviewer Comment (XXXX): Received article of organization in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) Articles provided showing borrower is sole owner | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation mismatch due to missing income documents. |  |  |  | Reviewer Comment (XXXX): Received article of organization in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) Articles provided showing borrower is sole owner | XXXX |  |  | 1 B A C | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall exception due to missing income documents. |  |  |  | Reviewer Comment (XXXX): Received article of organization in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) Articles provided showing borrower is sole owner | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Loan file missing Corporate Resolution. |  |  |  | Reviewer Comment (XXXX): Received article of organization in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) Articles provided showing borrower is sole owner | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Loan file missing Corporate Resolution. |  |  |  | Reviewer Comment (XXXX): Received article of organization in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) Articles provided showing borrower is sole owner | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119278 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Verification appraisal was delivered to borrower not provided in file. |  |  |  | Reviewer Comment (XXXX-27): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-23): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119547 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of XXXX is less than Guideline minimum loan amount of XXXX. | Note loan amount of XXXX is less than Guideline minimum loan amount of XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Guidelines Representative FICO: 660<br> Representative FICO: 758<br>The DSCR of 1.42 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | XXXX | XXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  |  |  |  |  | Reviewer Comment (XXXX-27): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-23): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. |  | Unable to verify is REO expenses for XXXX XXXX, XXXX XXXX, XXXX |  |  |  | Reviewer Comment (XXXX-02): Acceptable document provided in PDF, Priority loan, closest associated, date loaded XXXX.<br>Seller Comment (XXXX-02): (Rate Lock) <br> Regarding the HOI there is no insurance as these are all vacant land. <br>For the taxes, I've attached copies of the cancelled tax checks to the county that show they are paid from the business account - XXXX Inc. We have the business bank statements that show the payments to the county coming from the business account. The other 2 cancelled checks to the county tax collector are from a different business account that we weren't using income from - XXXX. XXXX <br>The amounts may not match exactly as multiple parcels are being paid in the same check, but it is evident<br>Reviewer Comment (XXXX-29): Loan file is missing these REO documents. Tax and Insurance verification for XXXX, Insurance verification for XXXX XXXX, Insurance verification for XXXX XXXX, Insurance verification for XXXX XXXX, Insurance verification for XXXX XXXX, Insurance verification for XXXX XXXX and Insurance verification for XXXX XXXX.<br>Seller Comment (XXXX-29): (Rate Lock) REO provided | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXXXXXX, Address: XXXX, XXXXXXXX, Address: XXXX XXXX, XXXXXXXX, Address: XXXX XXXX, XXXXXXXX, Address: XXXX XXXX, XXXXXXXX, Address: XXXX XXXX, XXXXXXXX, Address: XXXX XXXX, XXXXXXXX, Address: XXXX XXXX, XXXXXXXX Insurance Verification, Tax Verification<br> Insurance Verification<br> Insurance Verification<br> Insurance Verification<br> Insurance Verification<br> Insurance Verification<br> Insurance Verification | Unable to verify if property expenses are being paid by a third party of business. |  |  |  | Reviewer Comment (XXXX-02): Acceptable document provided in PDF, Priority loan, closest associated, date loaded XXXX.<br>Seller Comment (XXXX-02): (Rate Lock) <br> Regarding the HOI there is no insurance as these are all vacant land. <br>For the taxes, I've attached copies of the cancelled tax checks to the county that show they are paid from the business account - XXXX XXXX XXXX Inc. We have the business bank statements that show the payments to the county coming from the business account. The other 2 cancelled checks to the county tax collector are from a different business account that we weren't using income from XXXX <br>The amounts may not match exactly as multiple parcels are being paid in the same check, but it is evident<br>Reviewer Comment (XXXX-02): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Other<br> Insurance Verification, Tax Verification<br> Statement<br> Statement<br> Statement<br> Statement<br> Statement<br> Statement<br>Reviewer Comment (XXXX-29): Loan file is missing these REO documents. Tax and Insurance verification for XXXX, Insurance verification for XXXX XXXX, Insurance verification for XXXX XXXX, Insurance verification for XXXX XXXX, Insurance verification for XXXX XXXX, Insurance verification for XXXX XXXX and Insurance verification for XXXX XXXX.<br>Seller Comment (XXXX-29): (Rate Lock) VOMS provided; XXXX XXXX has no loan qualified, | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Third Party Verification | Third party verification for borrower's self-employment provided, however document doesn't disclose start date. Per CPA letter and credit application borrower has been self-employed for over 10 years however the business entity listing provided shows start date XXXX. Verification needed to confirm the actual start date. |  |  |  | Reviewer Comment (XXXX-27): CPA letter was reviewed.<br>Seller Comment (XXXX-23): (Rate Lock) The third party is sufficient, as it shows the initial filing date. This is a valid source, and the CPA letter stating they have been S/E for over 10 years supports this. Nothing further should be needed for this. | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119291 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  | Articles of Organization/Formation is missing in file. |  |  |  | Reviewer Comment (XXXX-22): Received evidence pf business' existence in trailing docs.<br>Seller Comment (XXXX-20): (Rate Lock) formation provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Waterfall due to bank statements being older than 90 days, verification of employment being older than 120 days. |  |  |  | Reviewer Comment (XXXX): Third party verification was provided. | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Bank Statements | Ability to Repay (Dodd-Frank 2014): Unable to verity Bank Statement income due to, bank statement provided was dated more than 90 days prior to closing, third party verification provided was dated more than 90 days prior to closing, other verification provided was dated more than 90 days prior to closing, other verification was not provided from a reliable third party income source. (XXXX,XXXX XXXX LLC/Bank Statements) | Bank statements are older than 90 days, verification of employment is older than 120 days from closing. |  |  |  | Reviewer Comment (XXXX): Third party verification was provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Bank Statements | Ability to Repay (Dodd-Frank 2014): Unable to verity Bank Statement income due to, bank statement provided was dated more than 90 days prior to closing, third party verification provided was dated more than 90 days prior to closing, other verification provided was dated more than 90 days prior to closing, other verification was not provided from a reliable third party income source. (XXXX,XXXX XXXX LLC/Bank Statements) | Bank statements are older than 90 days, verification of employment is older than 120 days from closing. |  |  |  | Reviewer Comment (XXXX): Third party verification was provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Bank statements are older than 90 days, verification of employment is older than 120 days from closing. |  |  |  | Reviewer Comment (XXXX): Third party verification was provided. | XXXX |  |  | 1 A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-23): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Reviewer Comment (XXXX-21): XXXX Received Invoice; however, required copy of check. Provide copy of check.<br>Reviewer Comment (XXXX-13): XXXX received Post CD and LOX. However, we would also require Copy of refund check in order to cure the exception. |  | XXXX |  | 2 C B | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The area is zoned both residential and agricultural. The appraiser confirms the best use is as a single family residence. Subject also has a shed, silos and a barn, all of which appear to not being currently used per photos and are in dated condition. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 55.28<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 782 | XXXX | Reviewer Comment (XXXX-22): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The subject is being sold with 4.5 shares of irrigation water from an irrigation company. This is ample water for the amount of land the subject has. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | Reserves: 55.28<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 782<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (XXXX-22): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119297 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided |  | 23 months of bank statements were provided for a 24-month bank statement income. Loan file is missing 1 month of bank statements. \*\*\*\*\*Updated XXXX\*\*\* Loan file missing XXXX bank statements for XXXX. |  |  |  | Reviewer Comment (XXXX-16): XXXX bank statement provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119297 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Account Statements - Business | 23 months of bank statements were provided for a 24-month bank statement income. Loan file is missing 1 month of bank statements. \*\*\*\*\*Updated XXXX\*\*\* Loan file missing XXXX bank statements for XXXX. |  |  |  | Reviewer Comment (XXXX-16): XXXX bank statement provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119297 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to loan file missing verification of one month bank statement. |  |  |  | Reviewer Comment (XXXX-16): XXXX bank statement provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119297 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | 23 months of bank statements were provided for a 24-month bank statement income. Loan file is missing 1 month of bank statements. \*\*\*\*\*Updated XXXX\*\*\* Loan file missing XXXX bank statements for XXXX. |  |  |  | Reviewer Comment (XXXX-16): XXXX bank statement provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119297 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Bank Statement Guidelines Number of Bank Statements Requirement not met | Ability to Repay (Dodd-Frank 2014): The number of bank statements provided for borrower's bank statement income was less than the number required by guidelines. (XXXX,XXXX XXXX LLC/Bank Statements) | Waterfall due to loan file missing verification of one month bank statement. \*\*\*Updated XXXX\*\*\* Loan file missing two months of bank statements for XXXX. |  |  |  | Reviewer Comment (XXXX-16): XXXX bank statement provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119297 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to loan file missing verification of one month bank statement. \*\*\*Updated XXXX\*\*\* Loan file missing two months of bank statements for XXXX. |  |  |  | Reviewer Comment (XXXX-16): XXXX bank statement provided.<br>Reviewer Comment (XXXX): XXXX provided. XXXX stmt still required. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119297 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Waterfall due to loan file missing verification of one month bank statement. \*\*\*Updated XXXX\*\*\* Loan file missing two months of bank statements for XXXX. |  |  |  | Reviewer Comment (XXXX-16): XXXX bank statement provided. | XXXX |  |  | 1 A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119297 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan designation discrepancy due to loan file missing verification of one month bank statement. \*\*\*Updated XXXX\*\*\* Loan file missing two months of bank statements for XXXX. |  |  |  | Reviewer Comment (XXXX-16): XXXX bank statement provided.<br>Reviewer Comment (XXXX): XXXX provided. XXXX stmt still required. | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM status C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119297 | XXXX | XXXX | XXXX | XXXX | Credit | Income | Document Error | Income | Bank statement page number is blank. | Borrower: XXXX XXXX // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Account Type: Business / Account XXXX / Statement End Date: XXXX | Loan file missing XXXX Bank statement. |  |  |  | Reviewer Comment (XXXX-16): XXXX bank statement provided. | XXXX |  |  | 1 A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119240 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The HOA recently completed an SB326 inspection indicating that several units have critical repair needs related to external elevated elements (EEE), receiving a rating of 4 out of 5. However, the subject unit is a lower-level unit and was not subject to inspection, as it does not include any EEE's. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 27.73<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 35.44%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 700<br> Representative FICO: 757 | XXXX | Reviewer Comment (XXXX-03): Lender exception with compensating factors. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119240 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Credit | Insufficient Verification of Rental History. |  | Source of the VOR is a party other than a professional management company, provide 12 months of borrower's canceled checks or bank statements. |  |  |  | Reviewer Comment (XXXX-13): Lender exception provided for missing housing history.<br>Seller Comment (XXXX): (Rate Lock) Exception provided<br>Reviewer Comment (XXXX-09): The VOR document provided is from a party other than a professional management company, per guidelines, 12 months of borrower's canceled checks or bank statements showing rental payments is required.<br>Seller Comment (XXXX-05): (Rate Lock) VOR provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119552 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide corrected loan amount XXXX on Entity Certificate since it shows XXXX as the loan amount. |  |  |  | Reviewer Comment (XXXX): Acceptable corrected entity certificate provided in PDF, Priority loan, date loaded XXXX.<br>Seller Comment (XXXX): (Rate Lock) Please see uploaded entity certificate. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119552 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | All comparable sales and rentals are greater than 10 miles from the subject property with the largest distance being 30.08. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Borrower has owned the subject property for at least 5 years.<br>Reserves: 47.57<br> Guideline Requirement: 9.00<br>Combined Loan to Value: 60.00000%<br> Guideline Maximum Combined Loan to Value: 75.00000%<br>Loan to Value: 60.00000%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 708<br>The DSCR of 1.26 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX): (Rate Lock) Please see the following compensating factors, per the approved exception request:<br> - >=1.25x DSCR based on in place leases<br> - Subject property is 100% occupied<br> - Comps 1 and 2 given the most weight toward the value opinion<br> - Comp 4 given no weight toward the value opinion, only included for bracketing purposes<br>Reviewer Comment (XXXX): Please provide additional compensating factors to waive and downgrade the exception.<br>Seller Comment (XXXX): (Rate Lock) Please see uploaded exception approval form. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119552 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower has tax liens with an aggregate balance greater than XXXX. Guidelines require pay off prior to or at closing. Outstanding tax liens on fraud report are XXXX and XXXX and judgements of XXXX and XXXX. |  |  |  | Reviewer Comment (XXXX): Background check provided with both liens released.<br>Seller Comment (XXXX): (Rate Lock) Both tax liens have been released, please see pages 21 and 22 of the uploaded CLEAR / fraud report. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119232 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | The verification appraisal was delivered to the borrower but was not provided in the file. |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) Lender accepts Ev2 |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119303 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Missing certificate of good standing. |  |  |  | Reviewer Comment (XXXX): Received document that shows business is in good standing in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119206 | XXXX | XXXX | XXXX | XXXX | 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: 7 | Note Date: XXXX; Lien Position: 1 | Secondary valuation does not support the value used to qualify. |  |  |  | Reviewer Comment (XXXX-05): Received updated CDA in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119206 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA - Initial Escrow Account Statement Missing | RESPA: Initial escrow account statement was not provided to the borrower. | Initial escrow account statement was not provided to the borrower. |  |  |  | Reviewer Comment (XXXX-26): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-26): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119206 | XXXX | XXXX | XXXX | XXXX | Property | Appraisal | Appraisal Reconciliation | Appraisal | Secondary valuation via Desk Review or Field Review does not support the value used to qualify. |  |  |  |  |  | Reviewer Comment (XXXX-05): Received updated CDA in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | XXXX | XXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  |  |  |  |  | Reviewer Comment (XXXX-28): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-24): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (XXXX-10): Sufficient Cure Provided At Closing |  | XXXX |  | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. | Calculated loan to value percentage of 75% exceeds guideline combined loan to value percentage of 70%. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 23.56<br> Guideline Requirement: 6.00<br>DTI: 33.56525% <br> Guideline Maximum DTI: 45.00000% | XXXX | Reviewer Comment (XXXX-12): Client elected to waive with compensating factors. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | Calculated combined loan to value percentage of 75% exceeds guideline combined loan to value percentage of 70%. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 23.56<br> Guideline Requirement: 6.00<br>DTI: 33.56525% <br> Guideline Maximum DTI: 45.00000% | XXXX | Reviewer Comment (XXXX-12): Client elected to waive with compensating factors. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119233 | XXXX | XXXX | XXXX | XXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  |  |  |  |  | Reviewer Comment (XXXX-10): Client elects to waive.<br>Seller Comment (XXXX-06): (Rate Lock) Lender accepts please waive |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119233 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | 1. Non-warrantable condo to 90% LTV. <br>2. Ongoing lawXXXX (dollar amount not able to be provided) and roofs , with some reported leaks. Project underway. to replace but not all completed yet. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's Own Funds Percent: 22.85%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 680<br> Representative FICO: 774 | XXXX | Reviewer Comment (XXXX-04): Client elected to waive with compensating factors. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119233 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Operating Agreement for income source not executed or dated and the Child Support Agreement is missing from the loan file. Unable to determine if income will continue for 3 years. Please provide signed and dated Operating Agreement and Child Support Agreement. \*\*\*\* UPDATED XXXX \*\*\* Still missing Child Support Agreement. Signed and dated Operating Agreement received. |  |  |  | Reviewer Comment (XXXX): Operating agreement was provided.<br>Seller Comment (XXXX): (Rate Lock) executed 1003 provided with child support removed<br>Reviewer Comment (XXXX-29): The document provided was not signed. Please provide an executed 1003 application showing the removed child support or an attestation from the borrower attesting to them not paying child support.<br>Seller Comment (XXXX-24): (Rate Lock) docs provided removing child support<br>Reviewer Comment (XXXX-XXXX): \*\*\*\* UPDATED XXXX \*\*\* Still missing Child Support Agreement. Signed and dated Operating Agreement received.<br>Seller Comment (XXXX-17): (Rate Lock) Signed OA provided<br>Reviewer Comment (XXXX-10): Per guidelines- Child support income requires additional documentation to determine the likelihood of continued receipt of the income for at least three years. Passport information does not suffice. <br> File is still missing an signed Operating Agreement for the S/E income.<br>Seller Comment (XXXX-10): (Rate Lock) We have proof of receipt and the child's passport showing the kids age. The agreement is not needed. Additio9nally, this is a DSCR - no income/no DTI, only using lease. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119233 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Operating Agreement for income source not executed or dated and the Child Support Agreement is missing from the loan file. Unable to determine if income will continue for 3 years. Please provide signed and dated Operating Agreement and Child Support Agreement. \*\*\*\* UPDATED XXXX \*\*\* Still missing Child Support Agreement. Signed and dated Operating Agreement received. |  |  |  | Reviewer Comment (XXXX): Updated 1003 was provided.<br>Seller Comment (XXXX): (Rate Lock) executed 1003 provided with child support removed<br>Reviewer Comment (XXXX-29): The document provided was not signed. Please provide an executed 1003 application showing the removed child support or an attestation from the borrower attesting to them not paying child support.<br>Seller Comment (XXXX-24): (Rate Lock) docs provided removing child support<br>Reviewer Comment (XXXX-XXXX): \*\*\*\* UPDATED XXXX \*\*\* Still missing Child Support Agreement. Signed and dated Operating Agreement received.<br>Seller Comment (XXXX-17): (Rate Lock) Signed OA provided<br>Reviewer Comment (XXXX-10): Per guidelines- Child support income requires additional documentation to determine the likelihood of continued receipt of the income for at least three years. Passport information does not suffice. <br> File is still missing an signed Operating Agreement for the S/E income.<br>Seller Comment (XXXX-10): (Rate Lock) We have proof of receipt and the child's passport showing the kids age. The agreement is not needed. Additio9nally, this is a DSCR - no income/no DTI, only using lease. | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119233 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Operating Agreement for income source not executed or dated and the Child Support Agreement is missing from the loan file. Unable to determine if income will continue for 3 years. Please provide signed and dated Operating Agreement and Child Support Agreement. \*\*\*\* UPDATED XXXX \*\*\* Still missing Child Support Agreement. Signed and dated Operating Agreement received. |  |  |  | Reviewer Comment (XXXX): Operating agreement was provided.<br>Seller Comment (XXXX): (Rate Lock) executed 1003 provided with child support removed<br>Reviewer Comment (XXXX-29): The document provided was not signed. Please provide an executed 1003 application showing the removed child support or an attestation from the borrower attesting to them not paying child support.<br>Seller Comment (XXXX-24): (Rate Lock) docs provided removing child support<br>Reviewer Comment (XXXX-XXXX): \*\*\*\* UPDATED XXXX \*\*\* Still missing Child Support Agreement. Signed and dated Operating Agreement received.<br>Seller Comment (XXXX-17): (Rate Lock) Signed OA provided<br>Reviewer Comment (XXXX-10): Per guidelines- Child support income requires additional documentation to determine the likelihood of continued receipt of the income for at least three years. Passport information does not suffice. <br> File is still missing an signed Operating Agreement for the S/E income.<br>Seller Comment (XXXX-10): (Rate Lock) We have proof of receipt and the child's passport showing the kids age. The agreement is not needed. Additio9nally, this is a DSCR - no income/no DTI, only using lease. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119233 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Operating Agreement for income source not executed or dated and the Child Support Agreement is missing from the loan file. Unable to determine if income will continue for 3 years. Please provide signed and dated Operating Agreement and Child Support Agreement. \*\*\*\* UPDATED XXXX \*\*\* Still missing Child Support Agreement. Signed and dated Operating Agreement received. |  |  |  | Reviewer Comment (XXXX): Supporting doc received.<br>Seller Comment (XXXX): (Rate Lock) executed 1003 provided with child support removed<br>Reviewer Comment (XXXX-29): The document provided was not signed. Please provide an executed 1003 application showing the removed child support or an attestation from the borrower attesting to them not paying child support.<br>Seller Comment (XXXX-24): (Rate Lock) docs provided removing child support<br>Reviewer Comment (XXXX-XXXX): \*\*\*\* UPDATED XXXX \*\*\* Still missing Child Support Agreement. Signed and dated Operating Agreement received. Still missing Child Support Agreement.<br>Seller Comment (XXXX-17): (Rate Lock) Signed OA provided<br>Reviewer Comment (XXXX-10): Per guidelines- Child support income requires additional documentation to determine the likelihood of continued receipt of the income for at least three years. Passport information does not suffice. <br> File is still missing an signed Operating Agreement for the S/E income.<br>Seller Comment (XXXX-10): (Rate Lock) We have proof of receipt and the child's passport showing the kids age. The agreement is not needed. Additio9nally, this is a DSCR - no income/no DTI, only using lease. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119233 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Child Support Order, Executed Operating Agreement | Operating Agreement for income source not executed or dated and the Child Support Agreement is missing from the loan file. Unable to determine if income will continue for 3 years. Please provide signed and dated Operating Agreement and Child Support Agreement. \*\*\*\* UPDATED XXXX \*\*\* Still missing Child Support Agreement. Signed and dated Operating Agreement received. |  |  |  | Reviewer Comment (XXXX): Updated 1003 excluding child support and operating agreement was provided.<br>Seller Comment (XXXX): (Rate Lock) executed 1003 provided with child support removed<br>Reviewer Comment (XXXX-29): The document provided was not signed. Please provide an executed 1003 application showing the removed child support or an attestation from the borrower attesting to them not paying child support.<br>Seller Comment (XXXX-24): (Rate Lock) docs provided removing child support<br>Reviewer Comment (XXXX-XXXX): \*\*\*\* UPDATED XXXX \*\*\* Still missing Child Support Agreement. Signed and dated Operating Agreement received. Still missing Child Support Agreement.<br>Seller Comment (XXXX-17): (Rate Lock) Signed OA provided<br>Reviewer Comment (XXXX-10): Per guidelines- Child support income requires additional documentation to determine the likelihood of continued receipt of the income for at least three years. Passport information does not suffice. <br> File is still missing an signed Operating Agreement for the S/E income.<br>Seller Comment (XXXX-10): (Rate Lock) We have proof of receipt and the child's passport showing the kids age. The agreement is not needed. Additio9nally, this is a DSCR - no income/no DTI, only using lease. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of XXXX is less than the note amount of XXXX. |  |  |  | Reviewer Comment (XXXX-24): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-22): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of XXXX exceeds tolerance of $-XXXX Insufficient or no cure was provided to the borrower. XXXX | Lender Credit of - XXXX was disclosed on Loan Estimate dated XXXX, however changed to XXXX on the Final Closing Disclosure without a valid change of circumstance. |  |  |  | Reviewer Comment (XXXX-13): XXXX received changed circumstance and additional clarification and documentation on date of valid change<br>Reviewer Comment (XXXX-26): XXXX received COC dated XXXX for lock extension which was already available in original file but, as per the LEs the LE dated XXXX is the disclosed as locked while as per rate lock document the rate was locked on XXXX and lock expiry date is XXXX but no corresponding LE provided to borrower within 3 business days from the date of change. Please provide more clarification on rate lock and extension with sufficient evidence to validate the pricing change on XXXX or cure would be required. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 46.03775% exceeds Guideline total debt ratio of 45.00000%. | 1003 does not reflect rental income for a few of the NOO properties. Without the income included, the DTI exceeds allowable for an LTV over 80%. Please provide additional income or evidence debts were paid at or prior to closing. |  |  |  | Reviewer Comment (XXXX-30): Documentation provided to show Business pays a debt. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | 1003 does not reflect rental income for a few of the NOO properties. Without the income included, the DTI exceeds allowable for an LTV over 80%. Please provide additional income or evidence debts were paid at or prior to closing. |  |  |  | Reviewer Comment (XXXX-30): Documentation provided to show Business pays a debt. | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | 1003 does not reflect rental income for a few of the NOO properties. Without the income included, the DTI exceeds allowable for an LTV over 80%. Please provide additional income or evidence debts were paid at or prior to closing. |  |  |  | Reviewer Comment (XXXX-30): Documentation provided to show Business pays a debt. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 46.03775% moderately exceeds the guideline maximum of 45.00%. (DTI Exception is eligible to be regraded with compensating factors.) | 1003 does not reflect rental income for a few of the NOO properties. Without the income included, the DTI exceeds allowable for an LTV over 80%. Please provide additional income or evidence debts were paid at or prior to closing. |  |  |  | Reviewer Comment (XXXX-30): Documentation provided to show Business pays a debt. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119556 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraisal shows unit 2 having XXXX square feet which is below the XXXX square foot minimum. | The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of 1.45 is greater than the minimum required DSCR of 1.0. | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119556 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | 12-month Mortgage History or Verification of Mortgage (VOM) document is missing. |  |  |  | Reviewer Comment (XXXX): Received VOM in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) Please see uploaded VOM. | XXXX |  |  | 1 C A D | XXXX | XXXX | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119315 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX): Proof of delivery of check provided.<br>Seller Comment (XXXX): (Rate Lock) Proof it was delivered<br>Reviewer Comment (XXXX-30): XXXX indicates that the package has not been received, we cannot process this until we have evidence of delivery.<br>Seller Comment (XXXX-30): (Rate Lock) PCCD docs provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119315 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Verification appraisal was delivered to borrower 3 business days prior to closing was not provided. |  |  |  | Reviewer Comment (XXXX-22): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-XXXX): (Rate Lock) Lender accepts ev2 |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119317 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Verification appraisal was delivered to borrower 3 business days prior to closing was not provided. |  |  |  | Reviewer Comment (XXXX-13): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119284 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Third Party Verification | Loan file missing 3rd party verification of number of shares for the business the borrower holds. |  |  |  | Reviewer Comment (XXXX): Third party verification was provided.<br>Seller Comment (XXXX): (Rate Lock) CPA letter confirming they own 100% | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119284 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Loan file missing 3rd party verification of number of shares for the business the borrower holds. |  |  |  | Reviewer Comment (XXXX): CPA letter confirming start date and ownership was provided.<br>Seller Comment (XXXX): (Rate Lock) CPA letter confirming they own 100% | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119284 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. |  |  |  |  | Reviewer Comment (XXXX): CPA letter confirming ownership and start date was provided. | XXXX |  |  | 1 B A C | XXXX | XXXX | Second Home | Purchase | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119284 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) |  |  |  |  | Reviewer Comment (XXXX): CPA letter confirming ownership and start date was provided.<br>Seller Comment (XXXX): (Rate Lock) CPA letter confirming they own 100% | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119284 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Loan file missing 3rd party verification of number of shares for the business the borrower holds. |  |  |  | Reviewer Comment (XXXX): CPA letter confirming ownership and start date was provided.<br>Seller Comment (XXXX): (Rate Lock) CPA letter confirming they own 100% | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for borrowers seeking asylum. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Guidelines Representative FICO: 660<br> Representative FICO: 795<br>Reserves: 108.70<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX): (Rate Lock) Exception approved please review |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided |  | One month bank statement to verify sufficient liquid assets are present to document the EMD amount was not provided. |  |  |  | Reviewer Comment (XXXX): EMD unsourced, not used to qualify.<br>Seller Comment (XXXX): (Rate Lock) EMD were paid over 12 months | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Operating Agreement for the borrowing entity missing from the loan file. |  |  |  | Reviewer Comment (XXXX): Operating agreement for borrowing entity provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119269 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for borrowers seeking asylum. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX. Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 89.42<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 795 | XXXX | Reviewer Comment (XXXX-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119269 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Operating Agreement for the borrowing entity missing from the loan file. |  |  |  | Reviewer Comment (XXXX): Received operating agreement in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119269 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Business Narrative | Loan file missing the Business Narrative for Guarantor 2. |  |  |  | Reviewer Comment (XXXX): Received business narrative document in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119324 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX XXXX Third Party Verification | The income earning business was issued XXXX share. The loan file is missing the number of share the borrower holds. |  |  |  | Reviewer Comment (XXXX): Third party verification was provided.<br>Seller Comment (XXXX): (Rate Lock) bylaws confirming sole shareholder provided<br>Reviewer Comment (XXXX-29): Document provided does not specify the amount of shares borrower holds.<br>Seller Comment (XXXX-24): (Rate Lock) Doc provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119324 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The income earning business was issued XXXX share. The loan file is missing the number of share the borrower holds. |  |  |  | Reviewer Comment (XXXX): Third party verification was provided.<br>Seller Comment (XXXX): (Rate Lock) bylaws confirming sole shareholder provided<br>Reviewer Comment (XXXX-29): Document provided does not specify the amount of shares borrower holds.<br>Seller Comment (XXXX-24): (Rate Lock) Doc provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119324 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The income earning business was issued XXXX share. The loan file is missing the number of share the borrower holds. |  |  |  | Reviewer Comment (XXXX): Third party verification was provided.<br>Seller Comment (XXXX): (Rate Lock) bylaws confirming sole shareholder provided<br>Reviewer Comment (XXXX-29): Document provided does not specify the amount of shares borrower holds.<br>Seller Comment (XXXX-24): (Rate Lock) Doc provided | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119324 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The income earning business was issued XXXX share. The loan file is missing the number of share the borrower holds. |  |  |  | Reviewer Comment (XXXX): Third party verification was provided.<br>Seller Comment (XXXX): (Rate Lock) bylaws confirming sole shareholder provided<br>Reviewer Comment (XXXX-29): Document provided does not specify the amount of shares borrower holds.<br>Seller Comment (XXXX-24): (Rate Lock) Doc provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119324 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | The income earning business was issued XXXX share. The loan file is missing the number of share the borrower holds. |  |  |  | Reviewer Comment (XXXX): Third party verification was provided.<br>Seller Comment (XXXX): (Rate Lock) bylaws confirming sole shareholder provided<br>Reviewer Comment (XXXX-29): Document provided does not specify the amount of shares borrower holds.<br>Seller Comment (XXXX-24): (Rate Lock) Doc provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119212 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The XXXX 1099 is issued in an EIN and not the borrowers SSN, therefore, the XXXX transcripts can not be verified. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Loan to Value: 40.41096%<br> Guideline Maximum Loan to Value: 80.00000%<br>Reserves: 78.74<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 746 | XXXX | Reviewer Comment (XXXX-28): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119288 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119288 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Provide cure with PC CD, LOE, and evidence of mailing, or valid COC. |  |  |  | Reviewer Comment (XXXX-26): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. |  | XXXX |  | 2 C B | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119328 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  |  | Reviewer Comment (XXXX-29): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-29): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119328 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Please provide the 1003, Note and Security Instrument with the borrower's signature legible. |  |  |  | Reviewer Comment (XXXX-30): Acceptable document provided in PDF, Priority loan, closest doc associated, images loaded XXXX @1:29pm.<br>Reviewer Comment (XXXX-29): Note and Security instrument provided. Pease provide the legibly signed final 1003/application.<br>Reviewer Comment (XXXX-29): Documents not provided in full.<br>Reviewer Comment (XXXX-29): Acceptable document provided in PD. Loaded 01.29.<br> Received legible Security instrument in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119332 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.95 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR is .894 and LTV is 75% | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 770 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000%. |  | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has worked in the same position for more than 3 years.<br>DTI: 23.50687% <br> Guideline Maximum DTI: 45.00000% | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 85.00000% exceeds Guideline combined loan to value percentage of 80.00000%. |  | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has worked in the same position for more than 3 years.<br>DTI: 23.50687% <br> Guideline Maximum DTI: 45.00000% | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower has 7 NSF's in the previous 12 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has worked in the same position for more than 3 years.<br>DTI: 23.50687% <br> Guideline Maximum DTI: 45.00000% | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report Date: XXXX | The appraisal was not in the name of the lender name. Provide a revised appraisal correcting the client or an appraisal transfer letter. |  |  |  | Reviewer Comment (XXXX-26): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-24): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided |  | Pages 12 and 13, plus any additional pages, of the executed Security Instrument are missing from the loan file. Please provide missing pages and any additional Notary pages to make a complete document. |  |  |  | Reviewer Comment (XXXX-26): Received complete security instrument in trailing docs. | XXXX |  |  | 1 A | XXXX | XXXX | Investment | Refinance - Rate/Term | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119335 | XXXX | XXXX | XXXX | XXXX | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Subject is a refinance and property is listed for sale. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Property listed within the last 12 months, yet appraisal reflects it was not. Please update appraisal to reflect XXXX listing. |  |  |  | Reviewer Comment (XXXX-29): Acceptable document provided in PDF, Priority loan, closest associated, date loaded XXXX.<br>Seller Comment (XXXX-29): (Rate Lock) app revision provided<br>Reviewer Comment (XXXX-27): The appraisal did not disclose that the property was listed within the last 12 months, which it was.<br>Seller Comment (XXXX-23): (Rate Lock) Listing was removed on Nov 18, XXXX and the appraisal report was dated XXXX.? | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119525 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception for subject property being an A Frame design with an ADU that is XXXX sqft larger than the main unit requiring the appraiser to utilize comp sales between XXXX and XXXX miles from the subject, comp sales ranging from XXXX, comp sale 1 with a 48.9% gross adj, comp sale 2 with a +26.3% net / 36.0% gross adj, comp sale 3 with a 16.1% net / 33.6% gross adj, comp sale 5 with a 28.2% gross adj, and comp sale 8 with a +18.1 net / 45.9% gross adj. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 24.64<br> Guideline Requirement: 9.00<br>Loan to Value: 65.00000%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 737 | XXXX | Reviewer Comment (XXXX-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119525 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception for Cash-out refinance of a short-term rental utilizing trailing-12 month actuals which are considered on a case by case basis. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 24.64<br> Guideline Requirement: 9.00<br>Loan to Value: 65.00000%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 737 | XXXX | Reviewer Comment (XXXX-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119325 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower's income has declined by over 10%. Provide sufficient documentation to indicate that the decline has stabilized, along with the underwriter's sound rationalization to use the current, lower amount of income for qualifying as required by Guidelines. |  |  |  | Reviewer Comment (XXXX-29): Received Letter of explanation from borrower.<br>Seller Comment (XXXX-29): (Rate Lock) Real estate sales, income fluctuation is nature of business but is no decline per bwr loe | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119319 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Incorrect Right To Cancel Form Used - H-9 Used on Non Same Lender Refinance | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinance by a creditor that is not considered the original creditor. The H-9 form was used, the H-8 form should have been used. | Right to Cancel was issued on incorrect form. TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form. H-8 Form must be used as lender is not the same as originating lender. |  |  |  | Reviewer Comment (XXXX-26): Cure documentation received.<br>Seller Comment (XXXX-20): (Rate Lock) XXXX docs provided<br>Reviewer Comment (XXXX-24): XXXX has been advised by outside counsel that while certain circuit courts have opined favorably in using the H-8 when they should have used the H-9, the same cannot be said for using the H-9 when the H-8 should have been used. In these cases, we have been advised to always treat as a material EV3-C exception. Please provide specific case-law for the circuit court in which the property resides for use of the H-9 over the H-8 when the creditor is not the original, we will be happy to review and consider accordingly.<br>Reviewer Comment (XXXX-24): Loan will be added to the 12/30 call agenda.<br>Seller Comment (XXXX-22): (Rate Lock) "As far as the rule is concerned, 1026.23(b)(2) allows for the use of a form "substantially similar" to those in the appendix." |  | XXXX |  | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119314 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide lease in place and 3 months proof of receipt of rent as required by Guidelines. Loan file missing lease and receipt of any funds. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 795 | XXXX | Reviewer Comment (XXXX-29): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br> Allowed use of higher rent without 3 months receipt. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | A B |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119314 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | CDA indicates a lower value than the appraised value that exceeds a 10% tolerance, one (1) of the following requirements must be met: • Satisfactory desk review or • 2nd full appraisal may be provided. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 795 | XXXX | Reviewer Comment (XXXX-18): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | A B |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | This file was missing a copy of employment verification completed within 10 days of note date. |  |  |  | Reviewer Comment (XXXX): VVOE provided. | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM status C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - W-2 | Ability to Repay (Dodd-Frank 2014): Unable to verify current Wages/W-2 employment status using reasonably reliable third-party records. (XXXX,XXXX XXXX/Wages) | This file was missing a copy of employment verification completed within 10 days of note date. |  |  |  | Reviewer Comment (XXXX): VVOE provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | This file was missing a copy of employment verification completed within 10 days of note date. |  |  |  | Reviewer Comment (XXXX): VVOE provided. | XXXX |  |  | 1 A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | The verification of employment is required and was not found in file. | Borrower: XXXX XXXX // Employment Type: Employment / Income Type: Wages / Start Date: XXXX | This file was missing a copy of employment verification completed within 10 days of note date. |  |  |  | Reviewer Comment (XXXX): VVOE provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 business days of the Note. | Borrower: XXXX XXXX // Employment Type: Employment / Income Type: Wages / Start Date: XXXX | This file was missing a copy of employment verification completed within 10 days of note date. |  |  |  | Reviewer Comment (XXXX): VVOE provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | ATR failure due to insufficient income documentation. |  |  |  | Reviewer Comment (XXXX): VVOE provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | This file was missing a copy of employment verification completed within 10 days of note date. |  |  |  | Reviewer Comment (XXXX): VVOE provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided |  | Per initial escrow disclosure, first payment letter and 1008, annual insurance premium is XXXX; however, on the policy declaration page, the premium is XXXX. |  |  |  | Reviewer Comment (XXXX-30): Received closing disclosure in trailing docs.<br>Reviewer Comment (XXXX-23): Confirming receipt of amended 1008 & 1003. However, the provided documents and insurance policy need to reflect the premium reflected on the closing documents.<br>Seller Comment (XXXX-20): (Rate Lock) Corrected 1008 & 1003 | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to insufficient income documentation. |  |  |  | Reviewer Comment (XXXX): VVOE provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119353 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (XXXX-27): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-23): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119353 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.67600% or Final Disclosure APR of 8.68000% is equal to or greater than the threshold of APOR 6.23% + 1.5%, or 7.73000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  |  | Reviewer Comment (XXXX): Evidence of borrower's receipt of appraisal provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119353 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | File does not contain verification that the borrower received a copy of the appraisal. |  |  |  | Reviewer Comment (XXXX): Evidence of borrower's receipt of appraisal provided.<br>Reviewer Comment (XXXX-27): Document provided does not show borrower indicating whether they received the appraisal 3 business days prior to closing. Borrower has to indicate one option. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119353 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. | Valuation Type: Appraisal / Valuation Report Date: XXXX | 442 is missing from file, subject property was was made subject to and 442. |  |  |  | Reviewer Comment (XXXX-27): Received 442 in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119353 | XXXX | XXXX | XXXX | XXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  | Provide a copy of the final title policy or an addendum to the report verifying title insurance of at least the loan amount. |  |  |  | Reviewer Comment (XXXX-27): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-23): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXXXXXX Lease Agreement | As per LOX from borrower, REO - XXXX - there is rental agreement documenting arrangement of son paying more than required amount of mortgage directly to the bank. File is missing the rental agreement and bank statements from son. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 24mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 77.41<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 714 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Eligibility | Guideline Issue | Loan Eligibility | Housing history reflects lates that do not meet guidelines. | Credit Report: Original // Borrower: XXXX XXXX Housing history reflects a total of 1 reported late payments. | Borrower has one late mortgage payment in last 12 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 24mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 77.41<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 714 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan designation discrepancy due to loan file missing the Lease agreement for XXXX property. |  |  |  | Reviewer Comment (XXXX-27): Client requested to not use property rental income<br>Seller Comment (XXXX-23): (Rate Lock) Updated 1008 removing the rental income provided | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - REO 25% Method | Ability to Repay (Dodd-Frank 2014): Unable to verify Real Estate Owned income (25% Method) using reasonably reliable third-party records. (XXXX/25% Vacancy Method) | Waterfall exception due to loan file missing the Lease agreement for XXXX property. |  |  |  | Reviewer Comment (XXXX-27): Client requested to not use property rental income<br>Seller Comment (XXXX-23): (Rate Lock) Updated 1008 removing the rental income provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Waterfall exception due to loan file missing the Lease agreement for XXXX property. |  |  |  | Reviewer Comment (XXXX-27): Client requested to not use property rental income | XXXX |  |  | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Credit report fee increased from XXXX to XXXX without any valid changed circumstances, no cure was provided. |  |  |  | Reviewer Comment (XXXX-15): XXXX received PCCD, LOE and payment history for principal reduction of cure.<br>Seller Comment (XXXX-13): (Rate Lock) Provided |  | XXXX |  | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | File is missing the Lease agreement for XXXX property. |  |  |  | Reviewer Comment (XXXX-27): Client requested to not use property rental income<br>Seller Comment (XXXX-23): (Rate Lock) Updated 1008 removing the rental income provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall exception due to loan file missing the Lease agreement for XXXX property. |  |  |  | Reviewer Comment (XXXX-27): Client requested to not use property rental income<br>Seller Comment (XXXX-23): (Rate Lock) Updated 1008 removing the rental income provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall exception due to loan file missing the Lease agreement for XXXX property. |  |  |  | Reviewer Comment (XXXX-27): Client requested to not use property rental income<br>Seller Comment (XXXX-23): (Rate Lock) Updated 1008 removing the rental income provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119359 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. XXXX | Lender Credits was last disclosed as $-XXXX but disclosed as $-XXXX on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. |  |  |  | Reviewer Comment (XXXX): XXXX received rate lock dated XXXX. As per changes mentioned and identified on CD dated XXXX. Rate, loan amount and escrows changed from its previous CD dated XXXX.<br>Seller Comment (XXXX): (Rate Lock) lock confirmation provided<br>Reviewer Comment (XXXX): The Lender Credit dropped by XXXX. While I am comfortable with a lender credit drop based on escrows being waived, we will need more detail. We need to understand how a loan amount reduction of XXXX and waiving escrows resulted in the drop in Lender Credit. If the reason for the reduction are published guidelines or a change in program or pricing, we would need to review that information before we can cancel or clear the exception.<br>TRID Grid 4.0, Row 14 states, A recent CFPB XXXXvisory Highlight (see Appendix section) has increased focus on the sufficiency of Change of Circumstance ("COC") documentation. When a lender issues a revised loan estimate reflecting an increase in fee(s) subject to tolerance, sufficient COC documentation is required to XXXXseline fee amounts. The regulation provides that "the creditor must be able to show compliance with § 1026.XXXX(e) by documenting the original estimate of the cost at issue, explaining the reason for revision and how it affected settlement costs, showing that the corrected disclosure increased the estimate only to the extent that the reason for revision actually increased the cost, and showing that the timing requirements of § 1026.XXXX(e)(4) were satisfied." To comply with the COC requirements and XXXXseline fee amounts, TPRs will look to the COC documentation in file to include the components enumerated within the regulations as set forth in the preceding paragraph. The COC documentation, at a minimum, should include: 1) The original estimate of the cost (can be documented through fee amounts disclosed on the initial LE); 2) specific reason for the revision and how it impacted the specific fee(s) that increased; 3) the revised amount (can be documented through fee amounts disclosed on the revised LE/CD but increase must correspond with actual change resulting from documented COC and only fees related to the specific COC are considered for XXXXseline); and 4) the date of the changed circumstance (i.e. the date the creditor received information sufficient to establish that one of the reasons for revision provided under § 1026.XXXX(e)(3)(iv)(A) through (F) has occurred) The COC information can be contained on multiple documents (COC doc, screenshot of notes on an LOS or 1008, rate lock agreement, communication logs, etc.) but ideally centralized in the file for an efficient review. Documentation of borrower requested changes should include the date of the borrower's change request and be documented in writing through copy of borrower emails, communication logs, screenshot of LO notes in LOS, etc. See Appendix for examples of sufficient and insufficient COC documentation<br>Seller Comment (XXXX): (Rate Lock) CIC provided; showing escrows waived | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119362 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing |  |  |  | Reviewer Comment (XXXX-14): XXXX received initial CD.<br>Seller Comment (XXXX-13): (Rate Lock) Signed ICD provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119362 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Qualification Method not Matching ATR | Ability to Repay (Dodd-Frank 2014): The Qualification Method used by the lender does not match the ATR payment calculation methods under 1026.43(c)(5). | Note rate used to qualify when ATR requires the Fully amortized payment at the greater of the fully indexed or the note rate, to repay the loan over the remaining term after the I/O period |  |  |  | Reviewer Comment (XXXX-13): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119261 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Mismatch of data related to Occupancy. | Borrower: XXXX XXXX Occupancy: Investment; Declarations/Will borrower occupy: Yes | The subject transaction is "Purchase of Investment " but as per declaration section "5A - Will you occupy the property as you Primary Residence?" is check as "Yes" for borrower. |  |  |  | Reviewer Comment (XXXX-22): Received updated 1003 in trailing docs.<br>Seller Comment (XXXX-20): (Rate Lock) 1003 provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119279 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for MERS Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX | Sufficient or excess cure was provided to the borrower at Closing. |  |  |  | Reviewer Comment (XXXX): Sufficient Cure Provided At Closing |  | XXXX |  | 1 A | XXXX | XXXX | Second Home | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119279 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Asset doesn't meet guideline requirement. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Loan to Value: 55.58376%<br> Guideline Maximum Loan to Value: 80.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 813 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Second Home | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119285 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | 2 of the 4 units in the subject property have less then XXXX feet of living space each. One is XXXX Sq Ft and the other is XXXX Sq ft. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 55.49<br> Guideline Requirement: 6.00<br>Debt Service Coverage Ratio: 1.58<br> Guideline Requirement: 1.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 778<br>Reserves: 55.49<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119367 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | 1 of the 4 units in the subject property has less then XXXX of living space. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has owned the subject property for at least 5 years.<br>Reserves: 108.11<br> Guideline Requirement: 12.00<br>Combined Loan to Value: 47.12222%<br> Guideline Maximum Combined Loan to Value: 75.00000%<br>Loan to Value: 47.12222%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 806<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119367 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  | Corporate Resolution missing from the loan file. |  |  |  | Reviewer Comment (XXXX): Received Operating Agreement in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) OA provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (XXXX): Sufficient Cure Provided At Closing |  | XXXX |  | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Third party verification for primary borrower's self-employment provided; however, the document doesn't disclose the start date or duration. |  |  |  | Reviewer Comment (XXXX-02): Support of CPA letter provided.<br>Reviewer Comment (XXXX-16): Received business entity search dated XXXX, however per ATR requirements, employment verification must be done prior to loan closing.<br>Seller Comment (XXXX-15): See attached business look up search conducted today<br>Reviewer Comment (XXXX-14): Document provided has no document date. Unable to determine when business verification was done.<br>Seller Comment (XXXX): See attached proof of biz age<br>Reviewer Comment (XXXX): CPA Letter provided indicates borrower has been self employed for the last 2 years but does not indicate that the business has been in existence for the past 2 years.<br>Seller Comment (XXXX): See attached CPA letter states 2 years | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Third party verification for primary borrower's self-employment provided; however, the document doesn't disclose the start date or duration. |  |  |  | Reviewer Comment (XXXX-02): Documentation to support CPA letter provided.<br>Reviewer Comment (XXXX-16): Received business entity search dated XXXX, however per ATR requirements, employment verification must be done prior to loan closing.<br>Seller Comment (XXXX-15): See trailing documents for business look up search conducted today.<br>Reviewer Comment (XXXX-14): Document provided has no document date. Unable to determine when business verification was done.<br>Seller Comment (XXXX): See attached proof of biz age<br>Reviewer Comment (XXXX): CPA Letter provided indicates borrower has been self employed for the last 2 years but does not indicate that the business has been in existence for the past 2 years.<br>Seller Comment (XXXX): See attached CPA letter stating 2 years. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Third party verification for primary borrower's self-employment provided; however, the document doesn't disclose the start date or duration. |  |  |  | Reviewer Comment (XXXX-02): Documentation to support CPA letter provided.<br>Reviewer Comment (XXXX-16): Received business entity search dated XXXX, however per ATR requirements, employment verification must be done prior to loan closing.<br>Seller Comment (XXXX-15): See trailing documents for business look up search conducted today.<br>Reviewer Comment (XXXX-14): Document provided has no document date. Unable to determine when business verification was done.<br>Seller Comment (XXXX): See attached proof of biz age<br>Reviewer Comment (XXXX): CPA Letter provided indicates borrower has been self employed for the last 2 years but does not indicate that the business has been in existence for the past 2 years.<br>Seller Comment (XXXX): See attached CPA letter stating 2 years. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Third Party Verification | Third party verification for primary borrower's self-employment provided; however, the document doesn't disclose the start date or duration. |  |  |  | Reviewer Comment (XXXX-02): Support of CPA letter provided.<br>Reviewer Comment (XXXX-16): Received business entity search dated XXXX, however per ATR requirements, employment verification must be done prior to loan closing.<br>Seller Comment (XXXX-15): See trailing documents for business look up search conducted today.<br>Reviewer Comment (XXXX-14): Document provided has no document date. Unable to determine when business verification was done.<br>Seller Comment (XXXX): See attached proof of biz age<br>Reviewer Comment (XXXX): CPA Letter provided indicates borrower has been self employed for the last 2 years but does not indicate that the business has been in existence for the past 2 years.<br>Seller Comment (XXXX): See attached CPA letter stating 2 years. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Third party verification for primary borrower's self-employment provided, however document doesn't disclose start date or duration. |  |  |  | Reviewer Comment (XXXX-02): Support of CPA letter provided.<br>Reviewer Comment (XXXX-16): Received business entity search dated XXXX, however per ATR requirements, employment verification must be done prior to loan closing.<br>Seller Comment (XXXX-15): See trailing documents for business look up search conducted today.<br>Reviewer Comment (XXXX-14): Document provided has no document date. Unable to determine when business verification was done.<br>Seller Comment (XXXX): See attached proof of biz age<br>Reviewer Comment (XXXX): CPA Letter provided indicates borrower has been self employed for the last 2 years but does not indicate that the business has been in existence for the past 2 years.<br>Seller Comment (XXXX): See attached CPA letter stating 2 years. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119365 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject is a unique property. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower has verified disposable income of at least XXXX. | DTI: 32.82126% <br> Guideline Maximum DTI: 55.00000%<br>Documentation Type: 24mo Bank Statement<br> Disposable Income: XXXX | XXXX | Reviewer Comment (XXXX-02): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-02): (Rate Lock) UPdated CFs provided<br>Reviewer Comment (XXXX-27): Calculated cash to close is XXXX. Please see pg 3 of the final CD. (Total closing costs(J)=XXXX)+ (Down payment = XXXX)+ (Other credits= XXXX) = XXXX.<br> Total assets verified = XXXX- XXXX = XXXX. <br> PITIA: XXXX gives only 7.95 months of reserves.<br>Seller Comment (XXXX-26): (Rate Lock) Total verified assets: XXXX <br> Funds to close: XXXX <br> Remaining available assets: approximately XXXX <br> Monthly PITIA: XXXX <br> Verified reserves: approximately 9.2 months<br>Based on these figures, the borrower exceeds the four 4 months of additional reserves necessary to support the approved exception.<br>Reviewer Comment (XXXX): Lender Exception indicates there are 4 months additional reserves as a Comp Factor. The loan file only reflects 2 extra months. Please provide updated Comp Factor. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119258 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Note Date: XXXX; Lien Position: 1 | Loan is to be securitized. Secondary valuation is missing |  |  |  | Reviewer Comment (XXXX): Received CDA in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) CDA provided | XXXX |  |  | 1 D A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D A C | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119258 | XXXX | XXXX | XXXX | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXX XXXX // Employment Type: Employment / Income Type: S-Corp (>= 25%) / Start Date: XXXX // Document: Third Party Verification / Document Date: / Tax Year: | Third Party verification of employment dated within 120 days of the note date not provided. Document in file not dated. Provide evidence of the date the document originated. |  |  |  | Reviewer Comment (XXXX): Received proof of employment verification date in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) VOE provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D A C | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119258 | XXXX | XXXX | XXXX | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXX XXXX // Employment Type: Employment / Income Type: Partnership (>= 25%) / Start Date: XXXX // Document: Third Party Verification / Document Date: / Tax Year: | Third Party verification of employment dated within 120 days of the note date not provided. Document in file not dated. Provide evidence of the date the document originated. |  |  |  | Reviewer Comment (XXXX): Received proof of employment verification date in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) VOE provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D A C | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119258 | XXXX | XXXX | XXXX | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXX XXXX // Employment Type: Employment / Income Type: Partnership (>= 25%) / Start Date: XXXX // Document: Third Party Verification / Document Date: / Tax Year: | Third Party verification of employment dated within 120 days of the note date not provided. Document in file not dated. Provide evidence of the date the document originated. |  |  |  | Reviewer Comment (XXXX): Received proof of employment verification date in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) VOE provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D A C | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.79 is less than Guideline PITIA months reserves of 6.00. | Calculated Available for Reserves of 5.83 is less than Guideline Available for Reserves of 6 months |  |  |  | Reviewer Comment (XXXX-26): Received sufficient assets in trailing docs.<br>Seller Comment (XXXX-26): See attached revised HOI letter showing borrower paid the HOI in the amount of XXXX.<br>Reviewer Comment (XXXX-23): Please provide bank statement and/or cancelled check to evidence payment of POC from borrower's account.<br>Seller Comment (XXXX-20): Why can't you give credit for the POC for the HOI if it isn't calculated on the available assets when the invoice has been provided?<br>Reviewer Comment (XXXX-20): Exception remains. Escrow information based on CD and initial escrow disclosure provided.<br>Seller Comment (XXXX-15): See attached proof the HOI was paid by the borrower see page 4 for receipt.<br>Reviewer Comment (XXXX-13): Cash to close = XXXX + EMD = XXXX + Closing costs paid before closing + XXXX = XXXX needed to be verified. <br> XXXX - XXXX = XXXX. XXXX/ XXXX = 5.7 months.<br>Seller Comment (XXXX): Borrower has XXXX - needs $ XXXX to close leaves XXXX / XXXX PITI = 6.6 months, Where is the difference ? | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Calculated Available for Reserves of 5.83 is less than Guideline Available for Reserves of 6 months |  |  |  | Reviewer Comment (XXXX-26): Received sufficient assets in trailing docs.<br>Seller Comment (XXXX-26): See attached revised HOI letter showing borrower paid the HOI in the amount of XXXX.<br>Reviewer Comment (XXXX-20): Exception remains. Escrow information based on CD and initial escrow disclosure provided.<br>Seller Comment (XXXX-15): See trailing docs to evidence that borrower paid the HOI POC. Page 4 shows receipt.<br>Reviewer Comment (XXXX-13): Cash to close = XXXX + EMD = XXXX + Closing costs paid before closing + XXXX = XXXX needed to be verified. <br> XXXX - XXXX = XXXX. XXXX/ XXXX = 5.7 months.<br>Seller Comment (XXXX): Borrower has XXXX - needs $ XXXX to close leaves XXXX / XXXX PITI = 6.6 months, Where is the difference ? | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Calculated Available for Reserves of 5.83 is less than Guideline Available for Reserves of 6 months |  |  |  | Reviewer Comment (XXXX-27): Received assets documentation in trailing docs.<br>Seller Comment (XXXX-26): See attached revised HOI letter showing borrower paid the HOI in the amount of XXXX.<br>Reviewer Comment (XXXX-20): Exception remains. Escrow information based on CD and initial escrow disclosure provided.<br>Seller Comment (XXXX-15): See trailing docs to evidence that borrower paid the HOI POC. Page 4 shows receipt.<br>Reviewer Comment (XXXX-13): Cash to close = XXXX + EMD = XXXX + Closing costs paid before closing + XXXX = XXXX needed to be verified. <br> XXXX - XXXX = XXXX. XXXX/ XXXX = 5.7 months.<br>Seller Comment (XXXX): Borrower has XXXX - needs $ XXXX to close leaves XXXX / XXXX PITI = 6.6 months, Where is the difference ? | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Calculated Available for Reserves of 5.83 is less than Guideline Available for Reserves of 6 months |  |  |  | Reviewer Comment (XXXX-27): Received asset documentation in trailing docs.<br>Seller Comment (XXXX-26): See attached revised HOI letter showing borrower paid the HOI in the amount of XXXX.<br>Reviewer Comment (XXXX-20): Exception remains. Escrow information based on CD and initial escrow disclosure provided.<br>Seller Comment (XXXX-15): See trailing docs to evidence that borrower paid the HOI POC. Page 4 shows receipt.<br>Reviewer Comment (XXXX-13): Cash to close = XXXX + EMD = XXXX + Closing costs paid before closing + XXXX = XXXX needed to be verified. <br> XXXX - XXXX = XXXX. XXXX/ XXXX = 5.7 months.<br>Seller Comment (XXXX): Borrower has XXXX - needs $ XXXX to close leaves XXXX / XXXX PITI = 6.6 months, Where is the difference ? | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Loan designation failure due to insufficient asset for reserves required. |  |  |  | Reviewer Comment (XXXX-26): Received sufficient assets in trailing docs.<br>Seller Comment (XXXX-26): See attached revised HOI letter showing borrower paid the HOI in the amount of XXXX.<br>Reviewer Comment (XXXX-20): Exception remains. Escrow information based on CD and initial escrow disclosure provided.<br>Seller Comment (XXXX-15): See trailing docs to evidence that borrower paid the HOI POC. Page 4 shows receipt.<br>Reviewer Comment (XXXX-13): Cash to close = XXXX + EMD = XXXX + Closing costs paid before closing + XXXX = XXXX needed to be verified. <br> XXXX - XXXX = XXXX. XXXX/ XXXX = 5.7 months.<br>Seller Comment (XXXX): Borrower has XXXX - needs $ XXXX to close leaves XXXX / XXXX PITI = 6.6 months, where is the difference? | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119298 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.88 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | First time investor requires DSCR of 1.0. 1007 used for property income. No other income source in file. |  |  |  | Reviewer Comment (XXXX): Received XXXX in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) Our guidelines only require 5<br>Reviewer Comment (XXXX): The XXXX provided showed 5 comparable properties. Guidelines require 6 comparable properties.<br>Seller Comment (XXXX): (Rate Lock) Why this would be an exception if our DSCR changed post-closing but still stayed over 1??We provided the documents we relied on prior to close that still had a DSCR over 1<br>Reviewer Comment (XXXX): Not all requirements were met. Information not provided pre-closing. A lender exception will be required to allow the use of the documentation.<br>Seller Comment (XXXX): (Rate Lock) TLS does not have access to the full report. However we have done a more thorough review of this one and screen printed XXXX from our side with comps and the map. Confirmed all within 2 miles. The furthest one up road XXXX is 1.9. Due to this re-review the numbers did go down but the DSCR is over 1 still. I am now coming up with XXXX x 80/ 12 =XXXX which is 1.073. It was higher previously.<br>Reviewer Comment (XXXX-30): XXXX provided does not show that the forecast period covers 12 months from the Note date. It does not show that the 6 comparison properties are within 2 miles of the subject property and similar in size, room count, availability, and occupancy. Please provide a full XXXX report.<br>Seller Comment (XXXX-30): (Rate Lock) XXXX docs provided<br>Reviewer Comment (XXXX-28): XXXX used for qualifying was not provided in file.<br>Seller Comment (XXXX-28): (Rate Lock) The referenced DSCR of 0.88 was calculated based on market rent from property 1007 and does not pertain to this loan. The subject property qualifies as a Short-Term Rental (STR) and was underwritten and delivered using STR income, not long-term market rent.<br>STR income documented via XXXX and deemed acceptable per guidelines.<br>STR DSCR = 1.478, which exceeds the minimum requirement of 1.0 | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119376 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exception requested for first time investor without 12-month housing payment history. Borrower has been renting current primary for 3 months. Subject was borrowers previous address but was owned by his late mother and he has since inherited. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower has owned the subject property for at least 5 years.<br>Reserves: 50.44<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX-21): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119374 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000%. | LTV of 85% exceeds max of 80% for a property in a declining market. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 20.15<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 782 | XXXX | Reviewer Comment (XXXX-14): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119374 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 85.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | LTV of 85% exceeds max of 80% for a property in a declining market. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 20.15<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 782 | XXXX | Reviewer Comment (XXXX-14): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119374 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Verification appraisal was delivered to borrower 3 business days prior to closing was not provided. |  |  |  | Reviewer Comment (XXXX-20): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-18): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119384 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXX, XXXX Statement | Please provide the Mortgage statement for the property address - XXXX, XXXX, XXXX: |  |  |  | Reviewer Comment (XXXX-14): CD, tax and insurance documents provided.<br>Seller Comment (XXXX): (Rate Lock) Docs provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119384 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Statement for XXXX not in file. |  |  |  | Reviewer Comment (XXXX-14): CD, tax and insurance documents provided.<br>Seller Comment (XXXX): (Rate Lock) Docs provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119385 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXX, XXXX Statement | Provide a mortgage statement for the property XXXX, XXXX, XXXX. |  |  |  | Reviewer Comment (XXXX-13): CD, tax cert and insurance doc was provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Home Improvement | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119385 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report Date: XXXX | Lender on Appraisal differs from the Note. Appraisal transfer letter was not provided. |  |  |  | Reviewer Comment (XXXX-13): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Home Improvement | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119337 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | Preliminary title with policy amount of XXXX did not cover minimum policy amount required of XXXX, loan amount. |  |  |  | Reviewer Comment (XXXX-27): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-24): (Rate Lock) EV2 ACCEPT PLEASE WAIVE |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119337 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXX, XXXX Lease Agreement | Please provide Lease agreement for XXXXton property. |  |  |  | Reviewer Comment (XXXX-02): Lease agreement not required, income not used to qualify.<br>Seller Comment (XXXX-02): (Rate Lock) No income being used | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119337 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) | No evidence of borrower's receipt of appraisal was provided in file. |  |  |  | Reviewer Comment (XXXX-27): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-24): (Rate Lock) EV2 ACCEPT PLEASE WAIVE |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119391 | XXXX | XXXX | XXXX | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Hazard Insurance Coverage Amount is insufficient XXXX |  |  |  | Reviewer Comment (XXXX-20): RCE was provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119391 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Creditor did not provide a copy of each valuation to applicant three business days prior to consummation. |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive. |  |  | XXXX | 2 B | XXXX | XXXX | Second Home | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119391 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Sufficient cure is required. |  |  |  | Reviewer Comment (XXXX-26): XXXX received LOX for rebuttal response with appraisal ordered document for a valid Changed circumstance. | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119391 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.75 is less than Guideline PITIA months reserves of 6.00. |  |  |  |  | Reviewer Comment (XXXX-02): Received additional assets in trailing documents.<br>Reviewer Comment (XXXX-02): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated PITIA months reserves of 4.08 is less than Guideline PITIA months reserves of 6.00.<br>Reviewer Comment (XXXX-27): Assets provided in file are insufficient to cover reserves. EMD is unsourced. Please provide evidence the EMD was sourced by either:<br> • A copy of the canceled check<br> • Bank statement<br> • Wire confirmation, or<br> • Written statement from the EMD holder verifying receipt of the funds<br> and 1 month bank statement showing the EMD amount. Additional assets are required to cover shortfall of 0.89 months reserves, after satisfying EMD requirements. | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119391 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to insufficient assets to satisfy reserve requirements. |  |  |  | Reviewer Comment (XXXX-02): Received additional assets in trailing documents.<br>Reviewer Comment (XXXX-27): Assets provided in file are insufficient to cover reserves. EMD is unsourced. Please provide evidence the EMD was sourced by either:<br> • A copy of the canceled check<br> • Bank statement<br> • Wire confirmation, or<br> • Written statement from the EMD holder verifying receipt of the funds<br> and 1 month bank statement showing the EMD amount. Additional assets are required to cover shortfall of 0.89 months reserves, after satisfying EMD requirements. | XXXX |  |  | 1 B A C | XXXX | XXXX | Second Home | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119391 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Assets are insufficient to satisfy reserve requirements |  |  |  | Reviewer Comment (XXXX-02): Received additional assets in trailing documents.<br>Reviewer Comment (XXXX-02): With the additional statement provided assets cover 5.75 months of reserves, guidelines require 6 months reserves. Please provide additional assets to cover 0.25 months reserves.<br>Reviewer Comment (XXXX-27): Assets provided in file are insufficient to cover reserves. EMD is unsourced. Please provide evidence the EMD was sourced by either:<br> • A copy of the canceled check<br> • Bank statement<br> • Wire confirmation, or<br> • Written statement from the EMD holder verifying receipt of the funds<br> and 1 month bank statement showing the EMD amount. Additional assets are required to cover shortfall of 0.89 months reserves, after satisfying EMD requirements. | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119390 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.86 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Guideline required minimum DSCR is 1.0 while calculated is 0.86. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 33.46<br>Representative FICO: 742 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX): Calculated DSCR is 0.86. Exception provided is for 0.787. Please provide an updated lender exception that reflects the DSCR of 0.86. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119393 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for 6 NSFs in the last 12 months. This exceeds the max allowable of 5. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Guidelines Representative FICO: 680<br> Representative FICO: 791 | XXXX | Reviewer Comment (XXXX-29): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-29): (Rate Lock) Exception was approved for this |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119393 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Qualification Method not Matching ATR | Ability to Repay (Dodd-Frank 2014): The Qualification Method used by the lender does not match the ATR payment calculation methods under 1026.43(c)(5). | The borrower was not qualified at the Fully amortized payment at the greater of the fully indexed or the note rate, to repay the loan over the remaining term after the I/O period as required by ATR. |  |  |  | Reviewer Comment (XXXX-29): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-29): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided |  | Bank Account Statements are missing for XXXX LLC'S XXXX, Account ending XXXX for XXXX to XXXX. |  |  |  | Reviewer Comment (XXXX-30): Received bank statements in trailing docs.<br>Reviewer Comment (XXXX-27): Bank statements provided for XXXX XXXX LLC are from XXXX to XXXX. Bank statements used for qualifying income were from XXXX to XXXX. Please provide bank statements up to XXXX. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX XXXX Account Statements - Business | Bank Account Statements are missing for XXXX LLC, Account ending XXXX for XXXX to XXXX. |  |  |  | Reviewer Comment (XXXX): Bank statements provided.<br>Reviewer Comment (XXXX): .<br>Reviewer Comment (XXXX-27): Exception set for missing bank statements. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (XXXX-13): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall exception due to due to Missing bank statements. |  |  |  | Reviewer Comment (XXXX): Gift of shares provided. Increased to 50%. DTI updated and acceptable.<br>Reviewer Comment (XXXX-02): Exception for DTI exceeding the maximum allowed still remains. Per Operating agreement in file, borrower owns 0.05% of XXXX XXXX LLC. Due Diligence qualifying income was XXXX. Lender used XXXX, resulting in DTI discrepancy.<br>Reviewer Comment (XXXX-30): Received bank statements in trailing docs. Exception for DTI exceeding the maximum allowed still remains. Per Operating agreement in file, borrower owns 0.05% of XXXX XXXX LLC. Due Diligence qualifying income was XXXX. Lender used XXXX, resulting in DTI discrepancy. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Processing Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Fee Tolerance exceeded for Processing Fee. Fee Amount of XXXX exceeds tolerance of XXXX. No sufficient cure or change of circumstance was provided. |  |  |  | Reviewer Comment (XXXX-30): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. |  | XXXX |  | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Bank Account Statements are missing for XXXX LLC's Account ending XXXX for XXXX to XXXX. |  |  |  | Reviewer Comment (XXXX-30): Received bank statements in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall exception due to due to Missing bank statements. |  |  |  | Reviewer Comment (XXXX-30): Received bank statements in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan designation mismatch due to mismatched DTI and missing bank statements. |  |  |  | Reviewer Comment (XXXX): Gift of shares provided. Increased to 50%. DTI updated and acceptable.<br>Reviewer Comment (XXXX-02): Exception for DTI exceeding the maximum allowed still remains. Per Operating agreement in file, borrower owns 0.05% of XXXX XXXX LLC. Due Diligence qualifying income was XXXX. Lender used XXXX, resulting in DTI discrepancy.<br>Reviewer Comment (XXXX-30): Received bank statements in trailing docs. Exception for DTI exceeding the maximum allowed still remains. Per Operating agreement in file, borrower owns 0.05% of XXXX XXXX LLC. Due Diligence qualifying income was XXXX. Lender used XXXX, resulting in DTI discrepancy. | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Bank Statements | Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. (XXXX,XXXX XXXX XXXX LLC/Bank Statements) | Waterfall exception due to mismatched DTI and missing bank statements. |  |  |  | Reviewer Comment (XXXX): Gift of shares provided. Increased to 50%. DTI updated and acceptable.<br>Reviewer Comment (XXXX): EXCEPTION HISTORY - Exception Detail was updated on XXXX PRIOR Exception Detail: Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. (XXXX,XXXX XXXX XXXX LLC/Bank StatementsXXXX<br>Reviewer Comment (XXXX-02): Exception for DTI exceeding the maximum allowed still remains. Per Operating agreement in file, borrower owns 0.05% of XXXX XXXX LLC. Due Diligence qualifying income was XXXX. Lender used XXXX, resulting in DTI discrepancy.<br>Reviewer Comment (XXXX-30): Received bank statements in trailing docs. Exception for DTI exceeding the maximum allowed still remains. Per Operating agreement in file, borrower owns 0.05% of XXXX XXXX LLC. Due Diligence qualifying income was XXXX. Lender used XXXX, resulting in DTI discrepancy.<br>Reviewer Comment (XXXX-27): EXCEPTION HISTORY - Exception Detail was updated on XXXX PRIOR Exception Detail: Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. (XXXX,XXXX XXXX XXXX LLC/Bank Statements) | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Bank Statements | Ability to Repay (Dodd-Frank 2014): Unable to verity Bank Statement income due to, missing Bank Statement, CPA Letter, Third Party Verification or Other documentation. (XXXX,XXXX XXXX XXXX LLC/Bank Statements) | Waterfall exception due to mismatched DTI and missing bank statements. |  |  |  | Reviewer Comment (XXXX): Gift of shares provided. Increased to 50%. DTI updated and acceptable.<br>Reviewer Comment (XXXX): EXCEPTION HISTORY - Exception Detail was updated on XXXX PRIOR Exception Detail: Ability to Repay (Dodd-Frank 2014): Unable to verity Bank Statement income due to, missing Bank Statement, CPA Letter, Third Party Verification or Other documentation. (XXXX,125849 XXXX XXXX LLC/Bank Statements)<br>Reviewer Comment (XXXX-02): Exception for DTI exceeding the maximum allowed still remains. Per Operating agreement in file, borrower owns 0.05% of XXXX XXXX LLC. Due Diligence qualifying income was XXXX. Lender used XXXX, resulting in DTI discrepancy.<br>Reviewer Comment (XXXX-30): Received bank statements in trailing docs. Exception for DTI exceeding the maximum allowed still remains. Per Operating agreement in file, borrower owns 0.05% of XXXX XXXX LLC. Due Diligence qualifying income was XXXX. Lender used XXXX, resulting in DTI discrepancy.<br>Reviewer Comment (XXXX-27): EXCEPTION HISTORY - Exception Detail was updated on XXXX PRIOR Exception Detail: Ability to Repay (Dodd-Frank 2014): Unable to verity Bank Statement income due to, missing Bank Statement, CPA Letter, Third Party Verification or Other documentation. (XXXX,XXXX XXXX XXXX LLC/Bank Statements) | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 59.68891% moderately exceeds the guideline maximum of 55.00%. (DTI Exception is eligible to be regraded with compensating factors.) | Waterfall exception due to mismatched DTI and missing bank statements. |  |  |  | Reviewer Comment (XXXX): Gift of shares provided. Increased to 50%. DTI updated and acceptable.<br>Reviewer Comment (XXXX): The document provided, transfer of securities, shows number of units borrower has in the holding company. This is dated XXXX. Operating agreement provided in file shows percentage ownership for each member of the LLC and is also dated XXXX. Borrower owns 0.05%, and this was used to calculate qualifying income.<br>Reviewer Comment (XXXX-02): Exception for DTI exceeding the maximum allowed still remains. Per Operating agreement in file, borrower owns 0.05% of XXXX XXXX LLC. Due Diligence qualifying income was XXXX. Lender used XXXX, resulting in DTI discrepancy.<br>Reviewer Comment (XXXX-30): Received bank statements in trailing docs. Exception for DTI exceeding the maximum allowed still remains. Per Operating agreement in file, borrower owns 0.05% of XXXX XXXX LLC. Due Diligence qualifying income was XXXX. Lender used XXXX, resulting in DTI discrepancy.<br>Reviewer Comment (XXXX-27): Per Operating agreement in file, borrower owns 0.05% of XXXX XXXX LLC. Due Diligence qualifying income was XXXX. Lender used XXXX, resulting in DTI discrepancy. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Waterfall exception due to mismatched DTI and missing bank statements. |  |  |  | Reviewer Comment (XXXX): Gift of shares provided. Increased to 50%. DTI updated and acceptable. | XXXX |  |  | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 59.68891% exceeds Guideline total debt ratio of 55.00000%. | Calculated investor qualifying total debt ratio of 59.68891% exceeds Guideline total debt ratio of 55.00000%. |  |  |  | Reviewer Comment (XXXX): Gift of shares provided. Increased to 50%. DTI updated and acceptable.<br>Reviewer Comment (XXXX): The document provided, transfer of securities, shows number of units borrower has in the holding company. This is dated XXXX. Operating agreement provided in file shows percentage ownership for each member of the LLC and is also dated XXXX. Borrower owns 0.05%, and this was used to calculate qualifying income.<br>Reviewer Comment (XXXX-02): Exception for DTI exceeding the maximum allowed still remains. Per Operating agreement in file, borrower owns 0.05% of XXXX XXXX LLC. Due Diligence qualifying income was XXXX. Lender used XXXX, resulting in DTI discrepancy.<br>Reviewer Comment (XXXX-30): Received bank statements in trailing docs. Exception for DTI exceeding the maximum allowed still remains. Per Operating agreement in file, borrower owns 0.05% of XXXX XXXX LLC. Due Diligence qualifying income was XXXX. Lender used XXXX, resulting in DTI discrepancy.<br>Reviewer Comment (XXXX-27): Per Operating agreement in file, borrower owns 0.05% of XXXX XXXX LLC. Due Diligence qualifying income was XXXX. Lender used XXXX, resulting in DTI discrepancy. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX XXXX Account Statements - Business | Bank statements provided for XXXX XXXX LLC are from XXXX to XXXX. Bank statements used for qualifying income were from XXXX to XXXX. Please provide bank statements up to XXXX. |  |  |  | Reviewer Comment (XXXX-30): Received bank statements in trailing docs. | XXXX |  |  | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 46.41409% exceeds Guideline total debt ratio of 43.00000%. | DTI exceeds max of 43% for a first time homebuyer living rent free. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 32.86<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 798 | XXXX | Reviewer Comment (XXXX-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 46.41409% moderately exceeds the guideline maximum of 43.00%. (DTI Exception is eligible to be regraded with compensating factors.) | DTI exceeds max of 43% for a first time homebuyer living rent free. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 32.86<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 798 | XXXX | Reviewer Comment (XXXX-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Third party verification for primary borrower's self-employment dated withing 120 days was not provided. |  |  |  | Reviewer Comment (XXXX): Received business entity listing document in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Third Party Verification | Third party verification for primary borrower's self-employment dated withing 120 days was not provided |  |  |  | Reviewer Comment (XXXX): Received business entity listing document in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 46.41409% exceeds Guideline total debt ratio of 43.00000%. | Lender exception was provided for allowing DTI higher that 43%. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 32.86<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 798 | XXXX | Reviewer Comment (XXXX-13): Third party verification for primary borrower's self-employment dated withing 120 days was not provided |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Third party verification for primary borrower's self-employment dated withing 120 days was not provided |  |  |  | Reviewer Comment (XXXX): Received business entity listing document in trailing docs. | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Bank Statements | Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. (XXXX,XXXX Budget Lock Service/Bank Statements) | Third party verification for primary borrower's self-employment dated withing 120 days was not provided |  |  |  | Reviewer Comment (XXXX): Received business entity listing document in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Third party verification for primary borrower's self-employment dated withing 120 days was not provided |  |  |  | Reviewer Comment (XXXX): Received business entity listing document in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Third party verification for primary borrower's self-employment dated withing 120 days was not provided |  |  |  | Reviewer Comment (XXXX): Received business entity listing document in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Third party verification for primary borrower's self-employment dated withing 120 days was not provided |  |  |  | Reviewer Comment (XXXX): Received business entity listing document in trailing docs. | XXXX |  |  | 1 A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to DTI moderately exceeding 43%. |  |  |  | Reviewer Comment (XXXX): System cleared after Lender Exception with Compensating Factors provided. | XXXX |  |  | 1 A | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119398 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Non-arms length mentioned by appraiser (neighbor and possible acquaintances) , appears borrower is neighbor with seller, buying investment property (no rental income used). | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | DTI: 22.01300% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 764 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119358 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XXXX XXXX | Borrower is First Time Home Buyer and ineligible per guidelines | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 57.46<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 757 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119412 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Refinance of a new construction property that will be used as an XXXX. No history of earnings of listing yet so need to qualify DSCR using an XXXX report. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 7XXXX | XXXX | Reviewer Comment (XXXX-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119411 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXX, XXXX Insurance Verification | Please provide Insurance Verification for property - XXXX, XXXX, XXXX: |  |  |  | Reviewer Comment (XXXX-22): Received HOI in trailing docs.<br>Seller Comment (XXXX-21): (Rate Lock) HOI doc provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119411 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | State Compliance | State Defect | (XXXX50(a)(6)) XXXX Cash-out Loan (Previous loan refinanced within twelve (12) month period of consummation) | XXXX Constitution Section 50(a)(6): Previous loan refinanced within twelve (12) month period of consummation | Previous loan refinanced within twelve (12) month period of consummation |  |  |  | Reviewer Comment (XXXX-22): Transaction date was updated.<br>Seller Comment (XXXX-21): (Rate Lock) Deed on file and fraud shows last non-sale transaction occurred in XXXX. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Refund or credit the borrower XXXX and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119411 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. (0) | Title-Endorsement fee exceeds tolerance. No cure or valid change or circumstance was provided to the borrower. |  |  |  | Reviewer Comment (XXXX): XXXX received final settlement statement, PCCD & LOE<br>Reviewer Comment (XXXX): XXXX Received Final Settlement statement; however, received only page 01 of 02. Provide Complete copy of true and certified final settlement statement.<br>Reviewer Comment (XXXX): XXXX received PCCD and LOE, however we also require true & certified copy of final settlement statement to verify the fees charged at closing.<br>Reviewer Comment (XXXX-02): XXXX received Post CD. However, we would also require detailed LOX for the change necessitated on Post CD along with Final SS in order to verify the service provider.<br>Seller Comment (XXXX-01): (Rate Lock) Borrower shopped for Title | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119411 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject is a unique property. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower has worked in the same position for more than 3 years.<br>Miscellaneous | Loan to Value: 65.00000%<br> Guideline Maximum Loan to Value: 80.00000%<br>Borrower has worked in the same position for more than 3 years.<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119305 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower wants escrow waiver but does not meet escrow waiver requirements as he has delinquent property taxes getting paid off at closing with cash-out proceeds. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has owned the subject property for at least 5 years.<br>Reserves: 98.42<br> Guideline Requirement: 12.00<br>Combined Loan to Value: 50.00000%<br> Guideline Maximum Combined Loan to Value: 75.00000%<br>Loan to Value: 50.00000%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 620<br> Representative FICO: 785 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119507 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): Please waive to EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119507 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Rural investment property not allowed per Guidelines. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 24mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 35.35<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 26.10%<br> Borrower's Own Funds Amount: XXXX<br>DTI: 24.85127% <br> Guideline Maximum DTI: 43.00000% | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.50 is less than Guideline PITIA months reserves of 6.00. | Calculated PITIA months reserves of 4.08 is less than Guideline PITIA months reserves of 6.00. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 26.66%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX-13): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-13): (Rate Lock) Exception approved<br>Reviewer Comment (XXXX): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated PITIA months reserves of 4.08 is less than Guideline PITIA months reserves of 6.00.<br>Reviewer Comment (XXXX): Copy of EMD check and bank statement provided, however, reserves in file are now 5.50 months and required reserves are 6 months. Please provide additional assets to cover reserves requirement. |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Reserves requirement of 6 months not met due to EMD being unsourced. |  |  |  | Reviewer Comment (XXXX-13): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (XXXX-13): (Rate Lock) Exception approved<br>Reviewer Comment (XXXX): Copy of EMD check and bank statement provided, however, reserves in file are now 5.50 months and required reserves are 6 months. Please provide additional assets to cover reserves requirement. | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Reserves requirement of 6 months not met due to EMD being unsourced. |  |  |  | Reviewer Comment (XXXX-13): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (XXXX-13): (Rate Lock) Exception approved<br>Reviewer Comment (XXXX): Copy of EMD check and bank statement provided, however, reserves in file are now 5.50 months and required reserves are 6 months. Please provide additional assets to cover reserves requirement.<br>Reviewer Comment (XXXX): Guidelines also require 1 month bank statement to verify EMD, please provide. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Reserves requirement of 6 months not met due to EMD being unsourced. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 26.66%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX-13): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-13): (Rate Lock) Exception approved<br>Reviewer Comment (XXXX): Copy of EMD check and bank statement provided, however, reserves in file are now 5.50 months and required reserves are 6 months. Please provide additional assets to cover reserves requirement.<br>Reviewer Comment (XXXX): The bank statement provided shows XXXX withdrawal. The date of the transaction also differs from the letter confirming receipt. Unable to verify that the EMD was indeed paid from the borrower's account. |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000%. | Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000% | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 26.66%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX-15): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 85.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | Calculated combined loan to value percentage of 85.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 26.66%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX-15): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Loan designation failure due to insufficient asset for reserves required. |  |  |  | Reviewer Comment (XXXX-13): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (XXXX-13): (Rate Lock) Exception approved<br>Reviewer Comment (XXXX): Copy of EMD check and bank statement provided, however, reserves in file are now 5.50 months and required reserves are 6 months. Please provide additional assets to cover reserves requirement.<br>Reviewer Comment (XXXX): Guidelines also require 1 month bank statement to verify EMD, please provide.<br>Seller Comment (XXXX): (Rate Lock) Copy of the EMD check to tie to the bank w/d<br>Reviewer Comment (XXXX): The bank statement provided shows XXXX withdrawal. The date of the transaction also differs from the letter confirming receipt. Unable to verify that the EMD was indeed paid from the borrower's account | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119304 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | HUD or Closing Disclosure was not found in file. |  |  |  | Reviewer Comment (XXXX-29): Acceptable document provided in PDF, Priority loan, closest associated, date loaded XXXX.<br>Seller Comment (XXXX-29): (Rate Lock) HUD provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119304 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.88 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 147.87<br> Guideline Requirement: 3.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 740 | XXXX | Reviewer Comment (XXXX-22): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-20): (Rate Lock) Exception was approved for this |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary/XXXX) | Creditor did not provide a copy of each valuation to applicant three business days prior to consummation. |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX | Credit Report Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  | Reviewer Comment (XXXX-27): Sufficient Cure Provided At Closing |  | XXXX |  | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for XXXX NSFs (25 days with negative balance) in the last 12 months (XXXX | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>DTI: 10.10XXXX0% <br> Guideline Maximum DTI: 35.00000% | XXXX | Reviewer Comment (XXXX-29): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for business existence less than 2 years without prior employment history in a related profession. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>DTI: 10.10XXXX0% <br> Guideline Maximum DTI: 35.00000% | XXXX | Reviewer Comment (XXXX-29): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Less than 100% ownership requires an access letter from partners allowing the use of the business funds by the borrower. This was not provided in file. |  |  |  | Reviewer Comment (XXXX): Access letter provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) | No evidence of borrower's receipt of appraisal at/prior to closing. |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Less than 100% ownership requires an access letter from partners allowing the use of the business funds by the borrower. This was not provided in file. |  |  |  | Reviewer Comment (XXXX): Access letter provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation discrepancy due to missing access letter from partner allowing the use of the business funds by the borrower. Also, Loan file missing evidence the borrower has been self-employed for at least 2 years. Loan file contains no evidence of previously being in same line of work. |  |  |  | Reviewer Comment (XXXX): Loan is Non-QM. | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to missing access letter from partner allowing the use of the business funds by the borrower. Also, Loan file missing evidence the borrower has been self-employed for at least 2 years. Loan file contains no evidence of previously being in same line of work. |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) EV2 accept please waive<br>Reviewer Comment (XXXX): Regraded to EV2-B based on comp factors listed in credit guideline exceptions. |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to missing access letter from partner allowing the use of the business funds by the borrower. |  |  |  | Reviewer Comment (XXXX): Loan is Non-QM.<br>Reviewer Comment (XXXX): Regraded to EV2-B based on comp factors listed in credit guideline exceptions. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX XXXX Third Party Verification | Loan file missing evidence the borrower has been self-employed for at least 2 years. Loan file contains no evidence of previously being in same line of work. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Rider - Other not provided |  |  |  |  |  | Reviewer Comment (XXXX-15): Rider was provided.<br>Seller Comment (XXXX-15): (Rate Lock) Riders provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower living rent free on an investment purchase. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Guidelines Representative FICO: 660<br> Representative FICO: 724 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000%. | DTI of 85% exceeds guideline max of 80% for a borrower living rent free. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Guidelines Representative FICO: 660<br> Representative FICO: 724 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 85.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | DTI of 85% exceeds guideline max of 80% for a borrower living rent free. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Guidelines Representative FICO: 660<br> Representative FICO: 724 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119346 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXXnue, XXXX, XXXX Statement | The file is missing a copy of the mortgage statement missing for REO, XXXXnue. |  |  |  | Reviewer Comment (XXXX-22): Received verification of mortgage in trailing docs.<br>Seller Comment (XXXX-20): (Rate Lock) REO provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119346 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXX, XXXX Insurance Verification, Statement, Tax Verification | The file is missing a copy of the insurance verification, statement, tax verification for REO, XXXX. |  |  |  | Reviewer Comment (XXXX): Received REO documents in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) Signed CD provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119346 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX Third Party Verification | Third party verification for primary borrower's self-employment provided, however document doesn't disclose start date or duration. |  |  |  | Reviewer Comment (XXXX-30): Received Business Listing in trailing docs.<br>Seller Comment (XXXX-24): (Rate Lock) proof showing the business opened in XXXX | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119420 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (XXXX-22): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-21): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119420 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower is requesting cash out. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Loan to Value: 40.62500%<br> Guideline Maximum Loan to Value: 80.00000%<br>DTI: 43.46320% <br> Guideline Maximum DTI: 55.00000%<br>Reserves: 239.43<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 802 | XXXX | Reviewer Comment (XXXX-22): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-21): (Rate Lock) File is a cash-put please advise what is needed to clear? |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119417 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Credit | OFAC was not checked and required per guidelines. | Credit Report: Original // Borrower: XXXX XXXX | Guarantor 2 does not have required borrower documents (1003, credit, fraud, income, SSN, all credit required documentation). Provide borrower required documents for Guarantor 2, or remove Guarantor 2 from the Guarantor Agreement so they are not personally responsible for the loan as a borrower. |  |  |  | Reviewer Comment (XXXX): XXXX signed as Member only. Corrected GA provided. Exception cleared.<br>Reviewer Comment (XXXX): XXXX signed the Note as an Individual so the 1003, credit, fraud, income(if there is any), and all other borrower related credit documents are required unless another Note was signed.<br>Seller Comment (XXXX-02): (Rate Lock) Corrected GA provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119417 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XXXX XXXX | Guarantor 2 does not have required borrower documents (1003, credit, fraud, income, SSN, all credit required documentation). Provide borrower required documents for Guarantor 2, or remove Guarantor 2 from the Guarantor Agreement so they are not personally responsible for the loan as a borrower. |  |  |  | Reviewer Comment (XXXX): XXXX signed as Member only. Corrected GA provided. Exception cleared.<br>Reviewer Comment (XXXX): XXXX signed the Note as an Individual so the 1003, credit, fraud, income(if there is any), and all other borrower related credit documents are required unless another Note was signed.<br>Seller Comment (XXXX-02): (Rate Lock) Corrected GA provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119417 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 70.00000%. | Max is 70% (less than 1 yr exp with short term rentals) | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700<br> Representative FICO: 743 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119417 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Borrower's own funds percent discrepancy. | Calculated borrower's own funds of 1.37% is less than Guideline required borrower's own funds of 5.00%. | 5% of own funds is required when LTV is over 75% | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700<br> Representative FICO: 743 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119417 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | Max is 70% (less than 1 yr exp with short term rentals) | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700<br> Representative FICO: 743 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119417 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Guarantor 2 does not have required borrower documents (1003, credit, fraud, income, SSN, all credit required documentation). Provide borrower required documents for Guarantor 2, or remove Guarantor 2 from the Guarantor Agreement so they are not personally responsible for the loan as a borrower. |  |  |  | Reviewer Comment (XXXX): XXXX signed as Member only. Corrected GA provided. Exception cleared.<br>Reviewer Comment (XXXX): XXXX signed the Note as an Individual so the 1003, credit, fraud, income(if there is any), and all other borrower related credit documents are required unless another Note was signed.<br>Seller Comment (XXXX-02): (Rate Lock) Corrected GA provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119369 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | LTV exception for 70% for STR in declining market. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 7XXXX | XXXX | Reviewer Comment (XXXX-14): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-13): (Rate Lock) exceptions were provided for this |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Home Improvement | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119369 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Escrow waiver. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 7XXXX | XXXX | Reviewer Comment (XXXX-14): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-13): (Rate Lock) exceptions were provided for this |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Home Improvement | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119369 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 70.00000% exceeds Guideline loan to value percentage of 65.00000%. | Cash out refinance qualifies for a maximum LTV/CLTV of 75%, however the subject is in a declining market and was listed in the last 6 months. 5% reduction for each. Maximum LTC/CLTV 65%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 7XXXX | XXXX | Reviewer Comment (XXXX-14): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-13): (Rate Lock) exceptions were provided for this |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Home Improvement | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119369 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 70.00000% exceeds Guideline combined loan to value percentage of 65.00000%. | Cash out refinance qualifies for a maximum LTV/CLTV of 75%, however the subject is in a declining market and was listed in the last 6 months. 5% reduction for each. Maximum LTC/CLTV 65%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 7XXXX | XXXX | Reviewer Comment (XXXX-14): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-13): (Rate Lock) exceptions were provided for this |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Home Improvement | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000%. | LTV of 85% exceeds max of 80% on a rate/term refi. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | DTI: 26.25118% <br> Guideline Maximum DTI: 45.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 722 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 85.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | LTV of 85% exceeds max of 80% on a rate/term refi. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | DTI: 26.25118% <br> Guideline Maximum DTI: 45.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 722 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. (Final/XXXX) | Final C D didn't include reason for not having escrow account. |  |  |  | Reviewer Comment (XXXX-14): XXXX received Letter of Explanation & Corrected Closing Disclosure<br>Seller Comment (XXXX-13): (Rate Lock) docs provided |  | XXXX |  | 2 C B | XXXX | XXXX | Primary | Refinance - Rate/Term | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. XXXX | Lender Credits was last disclosed as $-1,152.00 but disclosed as XXXX on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. |  |  |  | Reviewer Comment (XXXX): XXXX Received Valid COC along with rate lock.<br>Seller Comment (XXXX): (Rate Lock) CIC provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Loan Discount Points was not disclosed on LE but disclosed as XXXX on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. |  |  |  | Reviewer Comment (XXXX): XXXX Received Valid COC along with rate lock.<br>Seller Comment (XXXX): (Rate Lock) CIC provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119277 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | XXXX CD missing from the loan file. |  |  |  | Reviewer Comment (XXXX): XXXX received XXXX CD received 3 business days prior to consummation. | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119277 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Missing Disclosure | Acknowledgement of Borrower Receipt of Notice of Special Flood Hazard Disclosure Missing | FDPA Notification Rule: Creditor did not retain record of borrower's receipt of Notice of Special Flood Hazard Disclosure. |  |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119277 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Missing Disclosure | Notice of Special Flood Hazard Disclosure Not Provided Timely | FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing. | Verification disclosure was delivered to borrower 3 business days prior to closing was not provided. |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119403 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 and elects to waive exception. |  |  | XXXX | 2 B | XXXX | XXXX | Second Home | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower withdrew retirement funds and placed into Annuity/Life Ins Policy- Using towards depletion with no 6 months seasoning being in new account | Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The refinance has decreased the borrower's monthly debt payments by 20% or more.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 264.28<br> Guideline Requirement: 6.00<br>Loan to Value: 56.73759%<br> Guideline Maximum Loan to Value: 80.00000% | XXXX | Reviewer Comment (XXXX-16): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Use of asset depletion on cash out refinance when guidelines only allow it on purchases or rate/term, refinances. | Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The refinance has decreased the borrower's monthly debt payments by 20% or more.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 264.28<br> Guideline Requirement: 6.00<br>Loan to Value: 56.73759%<br> Guideline Maximum Loan to Value: 80.00000% | XXXX | Reviewer Comment (XXXX-16): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Retirement assets being used under eligible age of XXXX years old. | Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The refinance has decreased the borrower's monthly debt payments by 20% or more.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 264.28<br> Guideline Requirement: 6.00<br>Loan to Value: 56.73759%<br> Guideline Maximum Loan to Value: 80.00000% | XXXX | Reviewer Comment (XXXX-16): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119520 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject property is on XXXX acres. Max is 20 acres per guidelines. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 9.61<br> Guideline Requirement: 3.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 758 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119520 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower has owned the business used for qualifying for less than 2 years. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 9.61<br> Guideline Requirement: 3.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 758 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119415 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Short Term Rental cash-out refi without a 12-month look-back period is not allowed by guidelines. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of 1.XXXX is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119415 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 664 is less than Guideline representative FICO score of 700. | Representative FICO score of 664 is less than minimum Guideline representative FICO score of 700 for Short Term Rental refinance transaction. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of 1.XXXX is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119416 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.97 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR <1 at 0.97. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 34.92<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 59.69%<br> Borrower's Own Funds Amount: XXXX<br>Combined Loan to Value: 70.00000%<br> Guideline Maximum Combined Loan to Value: 80.00000%<br>Loan to Value: 70.00000%<br> Guideline Maximum Loan to Value: 80.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 745 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  |  | Reviewer Comment (XXXX-14): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-13): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119252 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (XXXX-27): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-24): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119252 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | CPA letter states that the borrower's taxes were reviewed. The borrower stated he prepared his own taxes for the past 2 years. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower has verified disposable income of at least XXXX. | DTI: 22.99357% <br> Guideline Maximum DTI: 45.00000%<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119252 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (XXXX-27): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-24): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119423 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Spousal Consent Form not provided |  | Missing spousal consent. |  |  |  | Reviewer Comment (XXXX-30): Received Attorney confirmation letter that spousal consent is not required in trailing docs. Acceptable document provided in PDF, Priority loan, closest doc associated, images loaded XXXX @ 2:28pm.<br>Seller Comment (XXXX-30): (Rate Lock) email from attorney confirming no spousal consent required<br>Reviewer Comment (XXXX-29): Please provide statute that indicates spousal consent is not required when a married individual makes an investment purchase. Our Guidance is that the spouse must sign the SI or consent form in the state of XXXX.<br>Seller Comment (XXXX-29): (Rate Lock) Disregard, this is a purchase and the spouse does not need to sign in XXXX on an investment. Please clear.<br>Reviewer Comment (XXXX-28): Title states he is a married man, but does not stste it is as his sole and separate property. Please provide statute that indicates spousal consent is not required when a married individual makes an investment purchase. Our Guidance is that the spouse must sign the SI or consent form in the state of XXXX.<br>Seller Comment (XXXX-27): (Rate Lock) Per XXXX state laws a spouse it not required to sign on an investment. The title only holds the borrowers name, therefore the spouse has no interest and is not required to sign any documentation as they have no rights/interest.<br>Reviewer Comment (XXXX-23): The property closed in an individual's name, not an LLC or INC. Please provide spousal consent.<br>Seller Comment (XXXX-20): (Rate Lock) Spouse is not required to sign on XXXX investment | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119423 | XXXX | XXXX | XXXX | XXXX | Credit | Business Purpose | General | Business Purpose | Missing Document: Spousal Consent not provided. | Borrower: XXXX XXXX | Missing spousal consent. |  |  |  | Reviewer Comment (XXXX-30): Received Attorney confirmation letter that spousal consent is not required in trailing docs. Acceptable document provided in PDF, Priority loan, closest doc associated, images loaded XXXX @ 2:28pm.<br>Seller Comment (XXXX-30): (Rate Lock) email from attorney confirming no spousal consent required<br>Reviewer Comment (XXXX-29): Please provide statute that indicates spousal consent is not required when a married individual makes an investment purchase. Our Guidance is that the spouse must sign the SI or consent form in the state of XXXX.<br>Seller Comment (XXXX-29): (Rate Lock) Disregard, this is a purchase and the spouse does not need to sign in XXXX on an investment. Please clear.<br>Reviewer Comment (XXXX-28): Title states he is a married man, but does not stste it is as his sole and separate property. Please provide statute that indicates spousal consent is not required when a married individual makes an investment purchase. Our Guidance is that the spouse must sign the SI or consent form in the state of XXXX.<br>Seller Comment (XXXX-27): (Rate Lock) Per XXXX state laws a spouse it not required to sign on an investment. The title only holds the borrowers name, therefore the spouse has no interest and is not required to sign any documentation as they have no rights/interest.<br>Reviewer Comment (XXXX-23): The property closed in an individual's name, not an LLC or INC. Please provide spousal consent.<br>Seller Comment (XXXX-20): (Rate Lock) Spouse is not required to sign on XXXX investment | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | The file is missing a copy of the final 1003. |  |  |  | Reviewer Comment (XXXX): Received final application in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) Please see uploaded final application. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal is missing. Sec ID: 1 | Note Date: XXXX; Lien Position: 1 | The loan file is missing a full appraisal. |  |  |  | Reviewer Comment (XXXX): Received appraisal in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) Please see uploaded appraisal. | XXXX |  |  | 1 D A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | Disaster Name: HURRICANE XXXX<br> Disaster Declaration Date: XXXX<br> Disaster End Date: XXXX | The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and the property must be re-inspected on or after XXXX declared end date. |  |  |  | Reviewer Comment (XXXX): Received appraisal in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) XXXX is not named as a disaster area in the latest FEMA declarations (FM-XXXX). This is the only active disaster on the FEMA website, please confirm if this is necessary. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | XXXX | XXXX | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided |  |  |  |  |  | Reviewer Comment (XXXX): Received appraisal in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) Please see uploaded appraisal. | XXXX |  |  | 1 D A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided |  | Tax document provided in file disclosed the Taxes as XXXX quarterly but underwriter worksheet and closing statement disclosed the tax amount as XXXX, please provide the Tax certificated used for the PITIA calculation. |  |  |  | Reviewer Comment (XXXX): Received Tax Cert in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) Property underwent recent renovations, so UW used a conservative estimate using XXXX City's tax rate and the appraised value. This resulted in XXXX in underwritten tax. See attached document showing tax rate used (PDF page 2). | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The subject property is located in XXXX,XXXX that appears to be a row home. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50. | Reserves: 78.16<br> Guideline Requirement: 9.00<br>Debt Service Coverage Ratio: 1.72<br> Guideline Requirement: 1.00 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX): (Rate Lock) Please see uploaded appraisal.<br>Reviewer Comment (XXXX): Appraisal not provided. Unable to process lender exceptions as the compensating factors are contingent on the appraisal. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraisal utilized comp sales 1, 2, 4, and 5 that have more than 100% increase in value in 12 months due to renovations. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50. | Reserves: 78.16<br> Guideline Requirement: 9.00<br>Debt Service Coverage Ratio: 1.72<br> Guideline Requirement: 1.00 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX): (Rate Lock) Please see uploaded appraisal.<br>Reviewer Comment (XXXX): Appraisal not provided. Unable to process lender exceptions as the compensating factors are contingent on the appraisal. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119339 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of Good Standing dated within 90 days of the Note date missing from the loan file. |  |  |  | Reviewer Comment (XXXX): Received Certificate of Good Standing in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) COGs provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119368 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.90 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR less than 1 at .897 | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 767 | XXXX | Reviewer Comment (XXXX-28): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119427 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXXive, XXXX, XXXX Statement |  |  |  |  | Reviewer Comment (XXXX-13): CD, insurance and tax verification was provided.<br>Seller Comment (XXXX): (Rate Lock) REO docs provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119427 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Frive, XXXX, XXXX Statement |  |  |  |  | Reviewer Comment (XXXX-13): CD, insurance doc and tax verification was provided.<br>Seller Comment (XXXX): (Rate Lock) REO docs provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119427 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX XXXX Drive, XXXX, XXXX Statement |  |  |  |  | Reviewer Comment (XXXX-13): CD, insurance and tax verification was provided.<br>Seller Comment (XXXX): (Rate Lock) REO provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119427 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report Date: XXXX | Lender on Appraisal differs from the Note. Appraisal transfer letter was not provided. |  |  |  | Reviewer Comment (XXXX-13): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119395 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Borrower's own funds percent discrepancy. | Calculated borrower's own funds of 1.32% is less than Guideline required borrower's own funds of 5.00%. |  |  |  |  | Reviewer Comment (XXXX-29): LTV 75%, guidelines do not require borrower minimum contribution.<br>Seller Comment (XXXX-29): (Rate Lock) This is only required if LTV > 75% the LTV is 75% therefore no minimum contribution required, per guidelines.<br>Reviewer Comment (XXXX-22): Funds brought to close are from a business account. Business funds are not considered borrower's own funds.<br>Seller Comment (XXXX-20): (Rate Lock) Total assets = XXXX and borrower brought own funds with no gift to close | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119395 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XXXX XXXX | Rent free FTHB not eligible. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 369.98<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 759 | XXXX | Reviewer Comment (XXXX-15): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119356 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per CPA letter borrower owns 50% of XXXXs Inc. However per 1003, 1008 and income calculation worksheet provided show ownership of 100%. Please provide corrected documentation confirming borrower's ownership of business. |  |  |  | Reviewer Comment (XXXX): Received updated income worksheet in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119356 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX XXXX Third Party Verification | Loan file is missing a third party verification for XXXXs Inc confirming the duration of the business. |  |  |  | Reviewer Comment (XXXX): Received Business Entity listing in trailing docs.<br>Reviewer Comment (XXXX-22): Document provided does not have a document date on it. Please provide verification of the date the information was provided.<br>Seller Comment (XXXX-21): (Rate Lock) Doc provided showing open since XXXX | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119356 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Loan file is missing a third party verification for XXXXs Inc confirming the duration of the business. |  |  |  | Reviewer Comment (XXXX): Received Business Entity listing in trailing docs.<br>Reviewer Comment (XXXX-22): Document provided does not have a document date on it. Please provide verification of the date the information was provided.<br>Seller Comment (XXXX-21): (Rate Lock) Doc provided showing open since XXXX | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119515 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Title with oil/gas lease. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Reserves: 231.61<br> Guideline Requirement: 12.00<br>Borrower's Own Funds Percent: 100.00%<br> Borrower's Own Funds Amount: XXXX<br>Combined Loan to Value: 65.00000%<br> Guideline Maximum Combined Loan to Value: 75.00000%<br>Loan to Value: 65.00000%<br> Guideline Maximum Loan to Value: 75.00000% | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of XXXX is over disclosed by XXXX compared to the calculated Amount Financed of XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX). (Final/XXXX) | The disclosed Amount Financed in the amount of XXXX is over disclosed by XXXX compared to the calculated Amount Financed of XXXX. |  |  |  | Reviewer Comment (XXXX): XXXX received lender confirmation that this loan's title-tax certificate fee is a one time fee and not life of loan,<br>Seller Comment (XXXX): This has been addressed before in the past. This is always a onetime fee. We never have recurring fees for Tax certs. We have confirmed this with the title companies.<br>Reviewer Comment (XXXX): While we acknowledge that a one-time up front tax determination used in the decisions to extend credit would be excluded from finance charge under 1026.4(c)(7), any portion of a charge for life of loan tax service is considered a finance charge. Without documentation evidencing which portion is for life of loan vs. one time upfront, the entire amount is included in finance charges for testing purposes pursuant to Comment XXXX (4)(c)(7)-3 which provides:<br> For example, a fee for one or more determinations during the loan term of the current tax-lien status or 68-insurance requirements is a finance charge, regardless of whether the fee is imposed at closing, or when the service is performed. If a creditor is uncertain about what portion of a fee to be paid at consummation or loan closing is related to the initial decision to grant credit, the entire fee may be treated as a finance charge.<br>Seller Comment (XXXX): What is the difference? What are the fees that were or were not included ?<br>Reviewer Comment (XXXX): EXCEPTION HISTORY - Exception Detail was updated on XXXX PRIOR Exception Detail: TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of XXXX is over disclosed by XXXX compared to the calculated Amount Financed of XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX). (Final/XXXX)<br>Reviewer Comment (XXXX): XXXX received lender's Compliance XXXX report. It appears the difference in calculations relates to the Title-Tax Certification in Section C for XXXX. The XXXX portion could be either – finance charge or non-finance charge. It would depend on what the XXXX fee purpose/service is. Is the XXXX fee for purposes of selecting an appraiser and coordinating receipt of appraisal or for reviewing, confirming data, and verifying the appraisal report? This is the information we are seeking to determine whether the XXXX fee is excludable. Provide lender attestation as to the services included in the fee. Otherwise, if a lump sum charged for several services includes charges that are not excludable, a portion of the total should be allocated to those services and included in the finance charge. If the XXXX's fee is primarily for verifying or confirming information connected to the appraisal, please provide an attestation indicating such, otherwise, if a creditor is uncertain about what portion of a fee to be paid at consummation or loan closing is related to a 4c7 excludable service, the entire fee may be treated as a finance charge.Final Rule excerpt provided addresses whether the appraisal and XXXX fee should be disclosed separately or as one charge, it does not address consideration of the XXXX fee as a finance charge or non-finance charge. Finance Charge determination is based on 1026.4 and XXXX agrees that if the XXXX fee charged is primarily for verifying or confirming information connected to the appraisal, the XXXX portion would also be excluded from finance charges per Commentary under1026.4(c)(7)-1. If the XXXX charge is primarily for verifying or confirming information connected to the appraisal, please provide LOE from XXXX provider or signed lender attestation indicating such for documentation in file to support exclusion from finance charges.<br>Seller Comment (XXXX-02): Attached is passing XXXX<br>Seller Comment (XXXX-02): See attached passing XXXX | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of XXXX is under disclosed by XXXX compared to the calculated Finance Charge of XXXX which exceeds the XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). (Final/XXXX) | The disclosed Finance Charge in the amount of XXXX is under disclosed by XXXX compared to the calculated Finance Charge of XXXX. |  |  |  | Reviewer Comment (XXXX): XXXX received lender confirmation that this loan's title-tax certificate fee is a one time fee and not life of loan,<br>Seller Comment (XXXX): This has been addressed before in the past. This is always a onetime fee. We never have recurring fees for Tax certs. We have confirmed this with the title companies.<br>Reviewer Comment (XXXX): While we acknowledge that a one-time up front tax determination used in the decisions to extend credit would be excluded from finance charge under 1026.4(c)(7), any portion of a charge for life of loan tax service is considered a finance charge. Without documentation evidencing which portion is for life of loan vs. one time upfront, the entire amount is included in finance charges for testing purposes pursuant to Comment XXXX (4)(c)(7)-3 which provides:<br> For example, a fee for one or more determinations during the loan term of the current tax-lien status or 68-insurance requirements is a finance charge, regardless of whether the fee is imposed at closing, or when the service is performed. If a creditor is uncertain about what portion of a fee to be paid at consummation or loan closing is related to the initial decision to grant credit, the entire fee may be treated as a finance charge.<br>Seller Comment (XXXX): What are the fees that were or were not included?<br>Reviewer Comment (XXXX): EXCEPTION HISTORY - Exception Detail was updated on XXXX PRIOR Exception Detail: TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of XXXX is under disclosed by XXXX compared to the calculated Finance Charge of XXXX which exceeds the XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). (Final/XXXX)<br>Reviewer Comment (XXXX): XXXX received lender's Compliance XXXX report. It appears the difference in calculations relates to the Title-Tax Certification in Section C for XXXX. The XXXX portion could be either – finance charge or non-finance charge. It would depend on what the XXXX fee purpose/service is. Is the XXXX fee for purposes of selecting an appraiser and coordinating receipt of appraisal or for reviewing, confirming data, and verifying the appraisal report? This is the information we are seeking to determine whether the XXXX fee is excludable. Provide lender attestation as to the services included in the fee. Otherwise, if a lump sum charged for several services includes charges that are not excludable, a portion of the total should be allocated to those services and included in the finance charge. If the XXXX's fee is primarily for verifying or confirming information connected to the appraisal, please provide an attestation indicating such, otherwise, if a creditor is uncertain about what portion of a fee to be paid at consummation or loan closing is related to a 4c7 excludable service, the entire fee may be treated as a finance charge.Final Rule excerpt provided addresses whether the appraisal and XXXX fee should be disclosed separately or as one charge, it does not address consideration of the XXXX fee as a finance charge or non-finance charge. Finance Charge determination is based on 1026.4 and XXXX agrees that if the XXXX fee charged is primarily for verifying or confirming information connected to the appraisal, the XXXX portion would also be excluded from finance charges per Commentary under1026.4(c)(7)-1. If the XXXX charge is primarily for verifying or confirming information connected to the appraisal, please provide LOE from XXXX provider or signed lender attestation indicating such for documentation in file to support exclusion from finance charges.<br>Seller Comment (XXXX-02): See attached Passing XXXX | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. Sufficient or excess cure was provided to the borrower at Closing. (0) |  |  |  |  | Reviewer Comment (XXXX-28): Sufficient Cure Provided At Closing |  | XXXX |  | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS/Guideline Findings: All conditions were not met |  | All borrowers must document their current housing payment history for the most recent 12 months. This was not provided in file. |  |  |  | Reviewer Comment (XXXX): Received bank statements showing borrower's housing history in trailing docs.<br>Seller Comment (XXXX-02): See attached - borrower inherited the house and has been making mortgage payments. See attached bank statements where borrower is on the account. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation discrepancy due to missing 12 months' housing history. |  |  |  | Reviewer Comment (XXXX): Received bank statements showing borrower's housing history in trailing docs.<br>Seller Comment (XXXX-02): See trailing docs for bank statements. | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to missing 12 months' housing history. |  |  |  | Reviewer Comment (XXXX): Received bank statements showing borrower's housing history in trailing docs.<br>Seller Comment (XXXX-02): See trailing docs for bank statements. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to missing 12 months' housing history. |  |  |  | Reviewer Comment (XXXX): Received bank statements showing borrower's housing history in trailing docs.<br>Seller Comment (XXXX-02): See trailing docs for bank statements. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119429 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | 2x30 housing history in the past 12 months not permitted per guidelines. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>Borrower's Experience/Track Record | Reserves: 49.36<br> Guideline Requirement: 6.00

# of Properties Completed: 53<br>Borrower's Experience/Track Record. The borrower has 13 Years of Experience. | XXXX | Reviewer Comment (XXXX-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119354 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided |  | Flood Certificate is missing |  |  |  | Reviewer Comment (XXXX): Flood cert provided.<br>Seller Comment (XXXX): (Rate Lock) cert provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119354 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per CPA letter borrower owns 50% of XXXXs Inc. However per 1003, 1008 and income calculation worksheet provided show ownership of 100%. Please provide corrected documentation confirming borrower's ownership of business. |  |  |  | Reviewer Comment (XXXX-22): Received income calculation showing borrower owns 50% of the business.<br>Seller Comment (XXXX-20): (Rate Lock) Docs provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119354 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Third party verification for primary borrower's self-employment provided, however document doesn't disclose start date or duration. |  |  |  | Reviewer Comment (XXXX): Third party verification with start date provided.<br>Seller Comment (XXXX): (Rate Lock) Proof business opened in 2010 | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119273 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.83 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 20.04<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 27.31%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 781 | XXXX | Reviewer Comment (XXXX-21): Guidelines Representative FICO: 660<br> Representative FICO: 781 |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119528 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraisal utilizes comp with excessive adjustments. The appraisal also utilized comp sale 2 and 3 which are condos versus subject property being a single family home. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's Experience/Track Record | Guidelines Representative FICO: 660<br> Representative FICO: 727<br>Borrower has experience of 2 years with this property. | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX): (Rate Lock) Please see uploaded exception approval form. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119528 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 1.13 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.25. |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's Experience/Track Record | Guidelines Representative FICO: 660<br> Representative FICO: 727<br>Borrower has experience of 2 years with this property. | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX): (Rate Lock) Please see uploaded exception approval form. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119364 | XXXX | XXXX | XXXX | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXX XXXX // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Document: CPA Letter / Document Date: / Tax Year: | CPA letter not dated. |  |  |  | Reviewer Comment (XXXX): Received proof of CPA letter date in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119364 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Waterfall exception due to missing date on CPA letter as well as excessive DTI. |  |  |  | Reviewer Comment (XXXX-16): Received documents showing borrower does not make the mortgage payments for the investment properties.<br>Seller Comment (XXXX-13): (Rate Lock) Mortgage Statement provided shows the regular payment of XXXX this matches the payment history provided<br>Reviewer Comment (XXXX-13): Mortgage statement for XXXX shows payment of XXXX. Could not verify payments of XXXX using documents provided.<br>Seller Comment (XXXX-13): (Rate Lock) Please include XXXX XXXX rental income - attached and see payments for XXXX paid by LLC - attached<br>Reviewer Comment (XXXX): Mortgage statement provided for XXXX is listed under the Co-borrower's name, thus added to the DTI.<br>Seller Comment (XXXX): (Rate Lock) MTG is not in bwrs name<br>Reviewer Comment (XXXX): Other Investment properties have been excluded form borrower's DTI, Please provide evidence of payments being made by other party for XXXX. Most recent 12-month payment history showing timely payment is required.<br>Reviewer Comment (XXXX): Mortgage payments for XXXX were not documented in file. Processor certification provided was not dated and proof that payments are made by other party is required.<br>Reviewer Comment (XXXX): Please provide the property addresses of the mortgages being paid by the trust.<br>Seller Comment (XXXX): (Rate Lock) MTGS paid by trust | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119364 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall exception due to missing date on CPA letter as well as excessive DTI. |  |  |  | Reviewer Comment (XXXX): Mortgage payments for XXXX XXXX Dr were not documented in file. Processor certification provided was not dated and proof that payments are made by other party is required.<br>Reviewer Comment (XXXX): System cleared after Lender Exception with Compensating Factors provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119364 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 48.49014% significantly exceeds the guideline maximum of 43.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) | Waterfall exception due to DTI exceeding Guidelines, as REO payments were not used. |  |  |  | Reviewer Comment (XXXX-16): Received documents showing borrower does not make the mortgage payments for the investment properties.<br>Seller Comment (XXXX-13): (Rate Lock) Mortgage Statement provided shows the regular payment of XXXX this matches the payment history provided<br>Reviewer Comment (XXXX-13): Mortgage statement for XXXX shows payment of XXXX. Could not verify payments of XXXX using documents provided.<br>Seller Comment (XXXX-13): (Rate Lock) Please include rental income for this property<br>Reviewer Comment (XXXX): Mortgage statement provided for XXXX is listed under the Co-borrower's name, thus added to the DTI.<br>Seller Comment (XXXX): (Rate Lock) MTG is not in borrowers name<br>Reviewer Comment (XXXX): Other Investment properties have been excluded form borrower's DTI, Please provide evidence of payments being made by other party for XXXX XXXX. Most recent 12-month payment history showing timely payment is required.<br>Reviewer Comment (XXXX): EXCEPTION HISTORY - Exception Detail was updated on XXXX PRIOR Exception Detail: Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 57.60993% significantly exceeds the guideline maximum of 43.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.)<br>Reviewer Comment (XXXX): Mortgage payments for XXXX Dr were not documented in file. Processor certification provided was not dated and proof that payments are made by other party is required.<br>Reviewer Comment (XXXX): Please provide the property addresses of the mortgages being paid by the trust.<br>Seller Comment (XXXX): (Rate Lock) MTGS are paid by trust | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119364 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 57.60993% exceeds Guideline total debt ratio of 43.00000%. | Waterfall exception due to DTI exceeding Guidelines, as REO payments were not used. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 39.47<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 41.03%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX-17): Updated REO docs provided. Exception cleared.<br>Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX): (Rate Lock) MTGS are paid by the trust | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119364 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | CPA letter not dated. |  |  |  | Reviewer Comment (XXXX): System cleared after Lender Exception with Compensating Factors provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119364 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | CPA letter not dated. |  |  |  | Reviewer Comment (XXXX): Received proof of CPA letter date in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119364 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower self employed less than 2 years. |  |  |  | Reviewer Comment (XXXX): Received proof of CPA letter date in trailing docs.<br>Reviewer Comment (XXXX-14): Need dated CPA letter to support self employment prior to downgrade and waive. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119392 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000%. | LTV of 85% exceeds the guideline max of 80% for FICO less than 700. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (XXXX-22): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Second Home | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119392 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 85.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | LTV of 85% exceeds the guideline max of 80% for FICO less than 700. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (XXXX-22): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Second Home | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119340 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Preliminary in file. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Preliminary in file |  |  |  | Reviewer Comment (XXXX-27): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-27): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119340 | XXXX | XXXX | XXXX | XXXX | 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 XXXX, prior to three (3) business days from transaction date of XXXX. | Loan was disbursed prior to midnight of third business day after consummation, eligible loan disbursement date XXXX |  |  |  | Reviewer Comment (XXXX-30): Cleared in error.<br>Reviewer Comment (XXXX-30): Received a signed copy of the updated final Closing Statement in trailing docs. Acceptable document provided in PDF, Priority loan, closest doc associated, images loaded XXXX.<br>Reviewer Comment (XXXX-29): Borrower's FInal Closing Statement, prepared XXXX reflects a Disbursement of XXXX, however it is not a signed or True and Certified copy. Please provide a signed or authorized copy.<br>Seller Comment (XXXX-28): (Rate Lock) Final SS provided showing disbursement XXXX | XXXX |  |  | 1 C A | XXXX | XXXX | 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 B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119340 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. (Final/XXXX) | Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. |  |  |  | Reviewer Comment (XXXX-29): Acceptable document provided in PDF, Priority loan, closest doc associated, images loaded XXXX @8:32am. Letter dated XXXX, CD dated XXXX has "you declined" checked which satisfies requirement |  | XXXX |  | 2 C B | XXXX | XXXX | Primary | Refinance - Rate/Term | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119340 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Qualification Method not Matching ATR | Ability to Repay (Dodd-Frank 2014): The Qualification Method used by the lender does not match the ATR payment calculation methods under 1026.43(c)(5). | Lender used the Note Rate to qualify the borrower instead of the Fully amortized payment at the greater of the fully indexed or the note rate, to repay the loan over the remaining term after the I/O period. |  |  |  | Reviewer Comment (XXXX-27): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-27): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119357 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  | Reviewer Comment (XXXX-22): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-20): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Second Home | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119357 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-21): XXXX received Letter of Explanation, Payment History and Corrected CD.<br>Seller Comment (XXXX-20): (Rate Lock) Docs provided |  | XXXX |  | 2 C B | XXXX | XXXX | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119357 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Condo exception needed for Single Entity Ownership at 52%. Developer retained units and is renting them. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 87.66<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 83.69%<br> Borrower's Own Funds Amount: XXXX<br>DTI: 23.48204% <br> Guideline Maximum DTI: 45.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 796 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Second Home | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119292 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Qualifying loan based on market rent. Subject is rented as a short term rental, but not through a typical short term rental provider. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700<br> Representative FICO: 782 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119439 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note Addendum - Prepayment not provided |  | Note Addendum Prepayment Penalty is Missing in loan file. |  |  |  | Reviewer Comment (XXXX): Received the Note addendum in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119439 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of XXXX is less than Guideline minimum loan amount of XXXX. | Loan amount of XXXX is less than the guideline minimum of XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 32.16<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 780 | XXXX | Reviewer Comment (XXXX-28): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119442 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Fraud Report missing in file. |  |  |  | Reviewer Comment (XXXX-22): Received fraud report in tailing docs.<br>Seller Comment (XXXX-21): (Rate Lock) Doc provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119442 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XXXX XXXX | Fraud Report missing in file. |  |  |  | Reviewer Comment (XXXX-22): Received fraud report in tailing docs.<br>Seller Comment (XXXX-21): (Rate Lock) Doc provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119442 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.93 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 31.07<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 47.51%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 751 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Missing 442. |  |  |  | Reviewer Comment (XXXX): Received proof of repair in trailing docs.<br>Reviewer Comment (XXXX): Unable to clear, trail documentation provided only shows 1 picture and LOE from borrower. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.21 is less than Guideline PITIA months reserves of 6.00. |  | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years. | XXXX | Reviewer Comment (XXXX-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (XXXX): Sufficient Cure Provided At Closing |  | XXXX |  | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Both business and personal bank statements were used. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has worked in the same position for more than 3 years.<br>Loan to Value: 70.00000%<br> Guideline Maximum Loan to Value: 80.00000% | XXXX | Reviewer Comment (XXXX-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | XXXX | XXXX | 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 XXXX, prior to three (3) business days from transaction date of XXXX. | Notary date on security instrument is XXXX |  |  |  | Reviewer Comment (XXXX): Consummation occurred on XXXX which is used as the Transaction Date for Rescission testing purposes.<br>Seller Comment (XXXX): (Rate Lock) Adding copy of MTG signed at closing, the MTG needed corrections that is why the updated one has a notary date after closing. Also attached updated XXXX | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | XXXX | XXXX | 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). | Notary date on security instrument is XXXX |  |  |  | Reviewer Comment (XXXX): Consummation occurred on XXXX which is used as the Transaction Date for Rescission testing purposes.<br>Seller Comment (XXXX): (Rate Lock) Adding copy of MTG signed at closing, the MTG needed corrections that is why the updated one has a notary date after closing. Also attached updated XXXX | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119301 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 3.98 is less than Guideline PITIA months reserves of 6.00. |  | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Documentation Type: 1yr 1099<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 15.08%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX-13): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-13): (Rate Lock) approved exception provided<br>Reviewer Comment (XXXX): The only account verified for borrower has a balance of XXXX, this is excluding the gift funds and EMD. If cash to close is XXXX per CD, the balance is still not enough for reserves. Please provide additional assets.<br>Seller Comment (XXXX): (Rate Lock) Reserves should be determined based on the borrower's remaining assets after closing. According to the loan file, the remaining balance is XXXX after accounting for cash to close. This amount represents approximately 6.97 months of reserves, based on the subject PITIA of XXXX.<br>Gift funds have already been included in the cash to close and should not be deducted again from the borrower's remaining assets. Additionally, since the earnest money deposit is part of the cash to close, it was unintentionally double counted in the current calculation.<br>Reviewer Comment (XXXX): Total assets verified= XXXX - (Cash to close=XXXX)+ (Gift funds= XXXX) + (EMD= XXXX)= XXXX) = XXXX.<br> PITIA= XXXX. XXXX/XXXX= 3.97 months.<br>Seller Comment (XXXX-02): (Rate Lock) please provide calculation |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119301 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Calculated Available for Reserves of3.98 is less than Guideline Available for Reserves of 6 months | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Documentation Type: 1yr 1099<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 15.08%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX-13): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-13): (Rate Lock) approved exception provided<br>Reviewer Comment (XXXX): We have to verify the source of ALL funds brought to close. EMD and Gift funds included.<br>Seller Comment (XXXX): (Rate Lock) Reserves should be determined based on the borrower's remaining assets after closing. According to the loan file, the remaining balance is XXXX after accounting for cash to close. This amount represents approximately 6.97 months of reserves, based on the subject PITIA of XXXX.<br>Gift funds have already been included in the cash to close and should not be deducted again from the borrower's remaining assets. Additionally, since the earnest money deposit is part of the cash to close, it was unintentionally double counted in the current calculation. |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119301 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to assets not sufficient for Reserves |  |  |  | Reviewer Comment (XXXX-13): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (XXXX-13): (Rate Lock) approved exception provided | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119301 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Calculated Available for Reserves of3.98 is less than Guideline Available for Reserves of 6 months |  |  |  | Reviewer Comment (XXXX-13): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (XXXX-13): (Rate Lock) approved exception provided<br>Reviewer Comment (XXXX): The only account verified for borrower has a balance of XXXX, this is excluding the gift funds and EMD. If cash to close is XXXX per CD, the balance is still not enough for reserves. Please provide additional assets.<br>Seller Comment (XXXX): (Rate Lock) Reserves should be determined based on the borrower's remaining assets after closing. According to the loan file, the remaining balance is XXXX after accounting for cash to close. This amount represents approximately 6.97 months of reserves, based on the subject PITIA of XXXX.<br>Gift funds have already been included in the cash to close and should not be deducted again from the borrower's remaining assets. Additionally, since the earnest money deposit is part of the cash to close, it was unintentionally double counted in the current calculation. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119301 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Calculated Available for Reserves of3.98 is less than Guideline Available for Reserves of 6 months |  |  |  | Reviewer Comment (XXXX-13): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (XXXX-13): (Rate Lock) approved exception provided<br>Reviewer Comment (XXXX): The only account verified for borrower has a balance of XXXX, this is excluding the gift funds and EMD. If cash to close is XXXX per CD, the balance is still not enough for reserves. Please provide additional assets.<br>Seller Comment (XXXX): (Rate Lock) Reserves should be determined based on the borrower's remaining assets after closing. According to the loan file, the remaining balance is XXXX after accounting for cash to close. This amount represents approximately 6.97 months of reserves, based on the subject PITIA of XXXX.<br>Gift funds have already been included in the cash to close and should not be deducted again from the borrower's remaining assets. Additionally, since the earnest money deposit is part of the cash to close, it was unintentionally double counted in the current calculation. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119270 | XXXX | XXXX | XXXX | XXXX | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | Subject address is XXXX Lender to provide corrected Flood Certificate reflecting subject address. |  |  |  | Reviewer Comment (XXXX): Received corrected flood insurance in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) Doc provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119270 | XXXX | XXXX | XXXX | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | Subject address is XXXX and hazard insurance reflect XXXX. Lender to provide corrected hazard insurance reflecting subject address. |  |  |  | Reviewer Comment (XXXX): Received corrected insurance in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) hoi provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119270 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower mistakenly marked intent to occupy vs not occupying the subject on the URLA for this DSCR loan. LOE provided. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 801 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119270 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | FIrst Time Homebuyer ineligible. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 801 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119204 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Originator Compensation. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Loan Originator compensation was not disclosed on the Loan Estimate. No valid Change of circumstance or cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-22): XXXX received valid COC document<br>Seller Comment (XXXX-21): (Rate Lock) CIC provided, compensation was flipped to resolve High Cost fail | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119204 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower has XXXX overdrafts on business bank statements for XXXX account | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has real estate investment experience as seasoned investor with more than 2 prior XXXX displaying at least 0x30x12 pay history<br>Borrower has worked in the same position for more than 3 years.<br>Guidelines Representative FICO: 680<br> Representative FICO: 741<br>DTI: 24.61131% <br> Guideline Maximum DTI: 45.00000% | XXXX | Reviewer Comment (XXXX-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119293 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.86 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR is less than 1 | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Loan to Value: 54.65839%<br> Guideline Maximum Loan to Value: 75.00000% | XXXX | Reviewer Comment (XXXX-15): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Document Preparation Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Title - Document Preparation Fee was last disclosed as XXXX on LE but disclosed as XXXX on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  | Reviewer Comment (XXXX): Upon further review consumer within 10% tolerance requirements.<br>Seller Comment (XXXX): XXXX Finance SSPL - Settlement Service Providers List only lists First XXXX Title as out preferred title company. Borrower on this refi selected True Value Title, underwritten by XXXX Title. Since borrower selected a different title company there are not any fee tolerances for title fees for this loan. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Third party verification for borrower's self-employment provided, however document doesn't disclose start date or duration. |  |  |  | Reviewer Comment (XXXX-02): Received email confirmation in trailing docs.<br>Seller Comment (XXXX-29): Apologies, I have printed the CPA email landscape so you can see the entire snip, sorry it was cut off. This confirms start date. thanks<br>Reviewer Comment (XXXX-29): CPA letter provided does not show start date. CPA states LLC has been in existence for more than 5 years. Third party verification fromXXXX state website referred to in the email was not provided. Start date of employment is missing, please provide.<br>Seller Comment (XXXX-27): CPA emails and confirms exact start date - LLC creation as of XXXX. Original CPA letter is correct, in business for 5 years.<br>Reviewer Comment (XXXX): Unable to confirm start date. CPA letter says business has been in existence for 5 years however per 1003 self-employment start date is XXXX<br>Seller Comment (XXXX): CPA/EA letter confirming business is currently active and has been in business for 5 years., dated XXXX XXXX, XXXX. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Third party verification for borrower's self-employment provided, however document doesn't disclose start date or duration. |  |  |  | Reviewer Comment (XXXX-02): Received email confirmation in trailing docs.<br>Seller Comment (XXXX-29): Apologies, I have printed the CPA email landscape so you can see the entire snip, sorry it was cut off. This confirms start date. thanks<br>Reviewer Comment (XXXX-29): CPA letter provided does not show start date of XXXX. Third party verification fromXXXX state website referred to in the email was not provided. Start date of employment is missing, please provide.<br>Seller Comment (XXXX-27): CPA emails and confirms exact start date - LLC creation as of XXXX. Original CPA letter is correct, in business for 5 years.<br>Reviewer Comment (XXXX): Unable to confirm start date. CPA letter says business has been in existence for 5 years however per 1003 self-employment start date is XXXX<br>Seller Comment (XXXX): CPA/EA letter confirming business is currently active and has been in business for 5 years., dated XXXX XXXX, XXXX. | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Third party verification for borrower's self-employment provided, however document doesn't disclose start date or duration. |  |  |  | Reviewer Comment (XXXX-02): Received email confirmation in trailing docs.<br>Seller Comment (XXXX-29): Apologies, I have printed the CPA email landscape so you can see the entire snip, sorry it was cut off. This confirms start date. thanks<br>Reviewer Comment (XXXX-29): CPA letter provided does not show start date of XXXX. Third party verification fromXXXX state website referred to in the email was not provided. Start date of employment is missing, please provide.<br>Seller Comment (XXXX-27): CPA emails and confirms exact start date - LLC creation as of XXXX. Original CPA letter is correct, in business for 5 years.<br>Reviewer Comment (XXXX): Unable to confirm start date. CPA letter says business has been in existence for 5 years however per 1003 self-employment start date is XXXX<br>Seller Comment (XXXX): CPA/EA letter confirming business is currently active and has been in business for 5 years., dated XXXX XXXX, XXXX. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Third party verification for borrower's self-employment provided, however document doesn't disclose start date or duration. |  |  |  | Reviewer Comment (XXXX-02): Received email confirmation in trailing docs.<br>Seller Comment (XXXX-29): Apologies, I have printed the CPA email landscape so you can see the entire snip, sorry it was cut off. This confirms start date. thanks<br>Reviewer Comment (XXXX-29): CPA letter provided does not show start date of XXXX. Third party verification fromXXXX state website referred to in the email was not provided. Start date of employment is missing, please provide.<br>Seller Comment (XXXX-27): CPA emails and confirms exact start date - LLC creation as of XXXX. Original CPA letter is correct, in business for 5 years.<br>Reviewer Comment (XXXX): Unable to confirm start date. CPA letter says business has been in existence for 5 years however per 1003 self-employment start date is XXXX<br>Seller Comment (XXXX): CPA/EA letter confirming business is currently active and has been in business for 5 years., dated XXXX XXXX, XXXX. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Nine months reserves required, however loan file only has 8.25. | Borrower has verified disposable income of at least XXXX. | Lender Exception with Comp Factors | XXXX | Reviewer Comment (XXXX-31): Lender Exception with Comp Factors |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 8.25 is less than Guideline PITIA months reserves of 9.00. | Nine months reserves required, however loan file only has 8.25. | Borrower has verified disposable income of at least XXXX. | Lender Exception with Comp Factors | XXXX | Reviewer Comment (XXXX-31): Lender Exception with Comp Factors |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (XXXX): Sufficient Cure Provided At Closing |  | XXXX |  | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | XXXX | XXXX | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Subject property is a condo. Missing lender attestation confirming condo warrantability. |  |  |  | Reviewer Comment (XXXX): Client provided LOE confirming subj prop is a site condo.<br>Seller Comment (XXXX): See attached - Property is a site condo. No Warranty required. | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-XXXX exceeds tolerance of $-XXXX Insufficient or no cure was provided to the borrower. XXXX | Lender Credits was last disclosed as $-XXXX on LE but disclosed as $-XXXX on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. |  |  |  | Reviewer Comment (XXXX-13): XXXX received COC dated XXXX<br>Seller Comment (XXXX): See attached LE<br>Reviewer Comment (XXXX): XXXX received changed circumstance dated XXXX, but a corresponding LE/CD was not provided. Please provide LE/CD for further analysis.<br>Seller Comment (XXXX): See attached VCOC. LTV increased as appraisal came in lower than estimated value. | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. (0) | 10% tolerance was exceeded by XXXX due to increase of recording fee. No valid COC provided, nor evidence of cure in file. |  |  |  | Reviewer Comment (XXXX): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.<br>Seller Comment (XXXX): Cured at the closing see final CD | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | 1099 in the name of the borrower's business instead of individual. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Loan to Value: 48.25200%<br> Guideline Maximum Loan to Value: 70.00000%<br>Guidelines Representative FICO: 680<br> Representative FICO: 774 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. Sufficient or excess cure was provided to the borrower at Closing. (0) |  |  |  |  | Reviewer Comment (XXXX-13): Sufficient Cure Provided At Closing |  | XXXX |  | 1 A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119444 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) | Creditor did not provide a copy of valuation to applicant withing three (3) business days prior to consummation. |  |  |  | Reviewer Comment (XXXX-28): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-27): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119444 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for a new R&T refinance when previous refinance was not seasoned for 12 months. Subject was refinanced in XXXX, a cash out refinance transaction that combined a 1st and a non-purchase money second lien. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 10.03<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 740 | XXXX | Reviewer Comment (XXXX-29): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-29): (Rate Lock) Please advise what is needed |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119444 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to use short term rent schedule in lieu of 1007 on full doc loan. Income being used is significantly lower and was calculated from tax returns. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 10.03<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 740 | XXXX | Reviewer Comment (XXXX-29): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-29): (Rate Lock) Please advise what is needed |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119389 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXX, XXXX Statement | Mortgage statement of REO property - XXXX is missing |  |  |  | Reviewer Comment (XXXX-13): CD, insurance verification and tax verification. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119389 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report Date: XXXX | Lender on Appraisal differs from the Note. Appraisal transfer letter was not provided. |  |  |  | Reviewer Comment (XXXX-13): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (XXXX): Sufficient Cure Provided At Closing |  | XXXX |  | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (XXXX): Sufficient Cure Provided At Closing |  | XXXX |  | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject is on XXXX acres and max allowable is 10. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Reserves: 80.45<br> Guideline Requirement: 6.00<br>Loan to Value: 31.25000%<br> Guideline Maximum Loan to Value: 80.00000% | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | 1099 under business which borrower owns 100%. Unable to obtain transcripts. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Reserves: 80.45<br> Guideline Requirement: 6.00<br>Loan to Value: 31.25000%<br> Guideline Maximum Loan to Value: 80.00000% | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119519 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Rural property. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 720<br> Representative FICO: 772 | XXXX | Reviewer Comment (XXXX-14): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-13): See attached lender exception for rural property |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119407 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.91 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR score .908% minimum 1% required | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 720<br> Representative FICO: 778 | XXXX | Reviewer Comment (XXXX-15): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119307 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | No payment XXXX, XXXX, or XXXX, Lender confirmed that the borrower is not in default. but they allowed borrower to include I/O payments in final Payoff . | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 743 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119438 | XXXX | XXXX | XXXX | XXXX | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | Flood Certificate Subject Address does not match Note address. |  |  |  | Reviewer Comment (XXXX-29): Received corrected Flood insurance policy in trailing docs. PDF uploaded on 01.29.<br>Seller Comment (XXXX-29): (Rate Lock) Corrected flood cert provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119438 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.99 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.99 does not meet minimum Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. Lender used property taxes of XXXX, Due Diligence property taxes XXXX. Tax certificate seem to show discounted property taxes if paid by a certain date. |  |  |  | Reviewer Comment (XXXX-30): Taxes were escrowed so lower tax amount was used.<br>Seller Comment (XXXX-29): (Rate Lock) The loan is escrowed so we can use the lower amount | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119248 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | State Compliance | State Defect | (XXXX50(a)(6)) XXXX Cash-out Loan (Itemization of Points and Fees Not Provided) | XXXX Constitution Section 50(a)(6): Final Itemized disclosure of fees, points, costs and charges not provided to borrower at least one (1) business day prior to closing. | Evidence of earlier borrower receipt was not found in file. |  |  |  | Reviewer Comment (XXXX-27): Final itemized disclosure was provided to borrower at lease 1 business day prior to closing. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Refund or credit the borrower XXXX and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119248 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The subject property contains multiple ADU's. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX | XXXX | Reviewer Comment (XXXX-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119248 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The ADU living area exceeds the size of the main dwelling. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX | XXXX | Reviewer Comment (XXXX-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraisal utilizes comp rental 1 and 2 which are XXXX miles from the subject property, respectively. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Reserves: 111.74<br> Guideline Requirement: 9.00<br>Combined Loan to Value: 62.50000%<br> Guideline Maximum Combined Loan to Value: 75.00000%<br>Debt Service Coverage Ratio: 1.50<br> Guideline Requirement: 1.00<br>Loan to Value: 62.50000%<br> Guideline Maximum Loan to Value: 75.00000% | XXXX | Reviewer Comment (XXXX-15): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119524 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Appraisal shows the subject property has agricultural zoning and the comparable rental 3 is XXXX miles from the subject property . | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 114.49<br> Guideline Requirement: 6.00<br>Combined Loan to Value: 65.00000%<br> Guideline Maximum Combined Loan to Value: 75.00000%<br>Loan to Value: 65.00000%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 812 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119524 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | 12-month Mortgage History or Verification of Mortgage document is missing from loan file. |  |  |  | Reviewer Comment (XXXX): Property owned free and clear. No Mortgage History to provide.<br>Seller Comment (XXXX): (Rate Lock) N/A - This property was owned free and clear, please see uploaded title commitment. | XXXX |  |  | 1 C A D | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119536 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The insurance on this property is written at functional replacement cost with exclusion for roof over XXXX years old.. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 620<br> Representative FICO: 760 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX): (Rate Lock) Please see uploaded exception approval form. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119378 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Home Improvement | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119316 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The ADU appears to be divided into two separate units, each with its own kitchen, living room, and bathroom. As per guidelines, multiple ADUs are ineligible. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Loan to Value: 25.84229%<br> Guideline Maximum Loan to Value: 80.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 789 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119343 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of is less than Guideline PITIA months reserves of 6.00. |  |  |  |  | Reviewer Comment (XXXX-13): Loan is a cash-out. Cash-Out funds used for reserves.<br>Seller Comment (XXXX): (Rate Lock) This is a cash out loan and funds are being used for reserves. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119575 | XXXX | XXXX | XXXX | XXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy effective date is after the funds disbursed. | Hazard Insurance Policy Effective Date XXXX; Disbursement Date: XXXX; Note Date: XXXX; Transaction Date: XXXX | Hazard Insurance Policy Effective Date is after the later of the disbursement Hazard Insurance Policy Effective Date XXXX; Disbursement Date: XXXX; Note Date: XXXX; |  |  |  | Reviewer Comment (XXXX): Disbursement date was updated.<br>Seller Comment (XXXX): Please see attached post consummation CD. Loan Disbursed on XXXX.. HOI should be acceptable. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119575 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | TIL Higher Priced Mortgage Loan Safe Harbor Test | TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. | Safe Harbor requirements not satisfied. |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): All conditions have been submitted. Please clear/waive condition.<br>Reviewer Comment (XXXX): This exception does not involve appraisal delivery. The loan is high priced. This is a EV2 informational exception which can be accepted as EV2B.<br>Seller Comment (XXXX-31): The attached proof of delivery is in the file.<br>Seller Comment (XXXX-31): The attached proof of appraisal delivery is in the credit package. | XXXX |  |  | 1 B A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119575 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Wire /Funding/ Disbursement Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Title - Wire /Funding/ Disbursement Fee was last disclosed as XXXX on LE but disclosed as XXXX on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  | Reviewer Comment (XXXX): XXXX received SSPL and the fee is within tolerance limit.<br>Seller Comment (XXXX): Borrower shopped for escrow and title services as per Settlement service provider list. The aforementioned fee belongs to section C in which it can change per TRID. Please see attached SSPL and waive this condition. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119575 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.80 is less than Guideline PITIA months reserves of 6.00. | Calculated Available for Reserves of 5.92 is less than Guideline Available for Reserves of 6 months. |  |  |  | Reviewer Comment (XXXX): Received post-close CD in trailing docs showing reduced cash to close.<br>Seller Comment (XXXX): Please see attached.<br>Reviewer Comment (XXXX): 1008 shows 6.2 months in reserves, however, asset documentation provided only verifies a calculated reserves of 5.92 months. Please provide additional asset documents.<br>Seller Comment (XXXX): Borrower has 6.24 months in reserves - please see attached 1008.<br>Reviewer Comment (XXXX): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated PITIA months reserves of 5.92 is less than Guideline PITIA months reserves of 6.00. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119575 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to Borrower's assets were insufficient to satisfy reserve requirement. Third party verification for primary borrower's self-employment provided, however document doesn't disclose start date or duration. |  |  |  | Reviewer Comment (XXXX): Received post-close CD in trailing docs showing reduced cash to close.<br>Seller Comment (XXXX): Asset condition submitted.<br>Reviewer Comment (XXXX): 1008 shows 6.2 months in reserves, however, asset documentation provided only verifies a calculated reserves of 5.92 months. Please provide additional asset documents.<br>Seller Comment (XXXX): Borrower has 6.2 months in reserves. Please review revised 1008 | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119575 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Borrower's assets were insufficient to satisfy reserve requirement. |  |  |  | Reviewer Comment (XXXX): Received post-close CD in trailing docs showing reduced cash to close.<br>Seller Comment (XXXX): See attached.<br>Reviewer Comment (XXXX): 1008 shows 6.2 months in reserves, however, asset documentation provided only verifies a calculated reserves of 5.92 months. Please provide additional asset documents.<br>Seller Comment (XXXX): See attached revised 1008. Borrower has 6.24 months in reserves. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119575 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Loan designation failure due to insufficient asset for reserves required. Third party verification for primary borrower's self-employment provided, however document doesn't disclose start date or duration. |  |  |  | Reviewer Comment (XXXX): Received post-close CD in trailing docs showing reduced cash to close.<br>Seller Comment (XXXX): Asset condition submitted,<br>Reviewer Comment (XXXX): 1008 shows 6.2 months in reserves, however, asset documentation provided only verifies a calculated reserves of 5.92 months. Please provide additional asset documents.<br>Seller Comment (XXXX): Borrower has 6.24 mos in reserves. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119575 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Third party verification for primary borrower's self-employment provided, however document doesn't disclose start date or duration. |  |  |  | Reviewer Comment (XXXX): Received CPA letter in trailing docs.<br>Seller Comment (XXXX): Pls see attached CPA letter.<br>Reviewer Comment (XXXX): VVOE in trailing docs is the same as the prior form without a change of date and the Updated Date of XXXX did not change. Per Guidelines, to show source income has been in existence for a minimum of two (2) years, please provide a CPA Letter, or a Business License, or a Bank statement from 24 or more months prior to note date reflecting activity, or Other reasonable evidence of business activity. Web search does not reflect business start date and CPA letter says borrower has been in the same line of business, not that the business has been open for 5 years.<br>Seller Comment (XXXX-31): Please see attached | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119433 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) | Evidence of borrower's receipt of the appraisal at least 3 business days prior to closing was not provided. Disclosure in file had both lines marked. Only one line should be selected. |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119433 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.00115% or Final Disclosure APR of 8.02900% is equal to or greater than the threshold of APOR 6.27% + 1.5%, or 7.77000%. Non-Compliant Higher Priced Mortgage Loan. | Evidence of borrower's receipt of the appraisal at least 3 business days prior to closing was not provided. Disclosure in file had both lines marked. Only one line should be selected. |  |  |  | Reviewer Comment (XXXX): Received proof of appraisal delivery in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119433 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Evidence of borrower's receipt of the appraisal at least 3 business days prior to closing was not provided. Disclosure in file had both lines marked. Only one line should be selected. |  |  |  | Reviewer Comment (XXXX): Received proof of appraisal delivery in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119287 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XXXX XXXX XXXX |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Reserves: 46.11<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 71.07%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119456 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.90 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR score less than 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 701 | XXXX | Reviewer Comment (XXXX-14): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119456 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower requested to use POA for closing. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 701 | XXXX | Reviewer Comment (XXXX-14): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119290 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (XXXX | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-8 form was used, the H-9 form should have been used. |  |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | 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 B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119290 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 3.57 is less than Guideline PITIA months reserves of 6.00. |  | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Combined Loan to Value: 59.21474%<br> Guideline Maximum Combined Loan to Value: 80.00000%<br>Loan to Value: 57.08148%<br> Guideline Maximum Loan to Value: 80.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 779<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119290 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Assets in file are insufficient to satisfy reserve requirements. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Combined Loan to Value: 59.21474%<br> Guideline Maximum Combined Loan to Value: 80.00000%<br>Loan to Value: 57.08148%<br> Guideline Maximum Loan to Value: 80.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 779<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119290 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX XXXX Third Party Verification | Loan file is missing a Third party verification showing the business is active and confirming the duration of the business existence. |  |  |  | Reviewer Comment (XXXX-15): Third party verification was provided.<br>Seller Comment (XXXX-15): (Rate Lock) VOE provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119290 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to loan file missing a Third party verification showing the business is active and confirming the duration of the business existence. |  |  |  | Reviewer Comment (XXXX-15): Lender exception was provided.<br>Seller Comment (XXXX-15): (Rate Lock) VOE provided | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119290 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall exception due to loan file missing a Third party verification showing the business is active and confirming the duration of the business existence. |  |  |  | Reviewer Comment (XXXX-15): Third party verification was provided.<br>Seller Comment (XXXX-15): (Rate Lock) VOE provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119341 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | Title Policy Coverage is less than Original Loan Amount. |  |  |  | Reviewer Comment (XXXX): Final title missing from the loan file. Preliminary title reflects lower loan amount. Client accepts EV2 Grade and elects to Waive. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119341 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. | Declining market. 5% LTV reduction. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Guidelines Representative FICO: 660<br> Representative FICO: 761 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119341 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | Declining market. 5% LTV reduction. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Guidelines Representative FICO: 660<br> Representative FICO: 761 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119371 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-22): XXXX Received Valid COC dated XXXX along with rate lock.<br>Seller Comment (XXXX-21): (Rate Lock) Docs provided for CIC | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119371 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-22): XXXX Received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Seller Comment (XXXX-21): (Rate Lock) cure docs provided |  | XXXX |  | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119397 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XXXX XXXX | First time home buyer is ineligible as per guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 759 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119463 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (XXXX-23): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-23): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119531 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Title commitment Schedule B-II #14 though 16 shows exceptions for oil, gas and mineral rights, reservations and item 16 does not include rights of entry having been extinguished as seen on items 14 and 15. Title has confirmed that a XXXX Form 9 will not be available for these items. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Combined Loan to Value: 56.47059%<br> Guideline Maximum Combined Loan to Value: 75.00000% | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119516 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 650 is less than Guideline representative FICO score of 660. | FICO of 650 is less than the guideline minimum of 660. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Reserves: 28.58<br> Guideline Requirement: 9.00<br>DTI: 16.93017% <br> Guideline Maximum DTI: 50.00000% | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119428 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  | Reviewer Comment (XXXX-20): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-18): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119428 | XXXX | XXXX | XXXX | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | HOI coverage is insufficient by XXXX. Provide updated policy reflecting minimum coverage of XXXX or provide copy of insurer's replacement cost estimate supporting current coverage amount. |  |  |  | Reviewer Comment (XXXX-22): Received replacement cost estimate in trailing docs.<br>Seller Comment (XXXX-21): (Rate Lock) RCE provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119428 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.79 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. |  | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 720<br> Representative FICO: 791 | XXXX | Reviewer Comment (XXXX-15): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119336 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for one of the units which is under XXXX sq ft (at XXXX) 3rXXXXd floor unit. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower's Own Funds Percent: 23.03%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX-30): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119336 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for less than 2 years self-employment history - started XXXX. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower's Own Funds Percent: 23.03%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX-30): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119336 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 47.63702% exceeds Guideline total debt ratio of 45.00000%. | DTI of 47.63% exceeds maximum of 45% (LTV > 80%). | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower's Own Funds Percent: 23.03%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119329 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | The Title Policy Amount of XXXX is less than the note amount of XXXX |  |  |  | Reviewer Comment (XXXX-14): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-13): (Rate Lock) lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119329 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower has XXXX NSF/OD within the previous 12 months. Max is 5. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 8.46%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119329 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 47.93569% exceeds Guideline total debt ratio of 45.00000%. | DTI exceeds due to business ownership discrepancy. Per CPA letter, borrower's ownership is 80%; however, the income worksheet indicates 100% ownership. |  |  |  | Reviewer Comment (XXXX): Income worksheet updated showing 80% ownership and using 30% expense factor for service industry.<br>Seller Comment (XXXX): (Rate Lock) The income actually went up and the DTI lowered as a result. I've attached the business narrative and revised income calculations | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119329 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | DTI exceeds due to business ownership discrepancy. Per CPA letter, borrower's ownership is 80%; however, the income worksheet indicates 100% ownership. |  |  |  | Reviewer Comment (XXXX): Income worksheet updated showing 80% ownership and using 30% expense factor for service industry.<br>Seller Comment (XXXX): (Rate Lock) The income actually went up and the DTI lowered as a result. I've attached the business narrative and revised income calculations | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119329 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | DTI exceeds due to business ownership discrepancy. Per CPA letter, borrower's ownership is 80%; however, the income worksheet indicates 100% ownership. |  |  |  | Reviewer Comment (XXXX): Income worksheet updated showing 80% ownership and using 30% expense factor for service industry.<br>Seller Comment (XXXX): (Rate Lock) The income actually went up and the DTI lowered as a result. I've attached the business narrative and revised income calculations | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119329 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 47.93569% moderately exceeds the guideline maximum of 45.00%. (DTI Exception is eligible to be regraded with compensating factors.) | DTI exceeds due to business ownership discrepancy. Per CPA letter, borrower's ownership is 80%; however, the income worksheet indicates 100% ownership. |  |  |  | Reviewer Comment (XXXX): Income worksheet updated showing 80% ownership and using 30% expense factor for service industry.<br>Seller Comment (XXXX): (Rate Lock) The income actually went up and the DTI lowered as a result. I've attached the business narrative and revised income calculations | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119513 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Ineligible property type. | PUD | Rural Property as DSCR/Investment vs only primary allowed. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 37.52<br> Guideline Requirement: 3.00<br>Borrower's Own Funds Percent: 53.03%<br> Borrower's Own Funds Amount: XXXX<br>Borrower's Own Funds Percent: 53.03%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX-29): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119513 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.75 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 0.80. |  |  |  |  | Reviewer Comment (XXXX): Received correspondence from client on minimum DSCR.<br>Reviewer Comment (XXXX): Per guideline min DSCR is .80. Exception remains.<br>Seller Comment (XXXX): The guidelines for OpenRoad state 75% not 80% - please clr<br>Reviewer Comment (XXXX): Per guidelines- Low ratio program requires a minimum of 80% DSCR. This loan only has 75% DSCR.<br>Seller Comment (XXXX): PER XXXX - This fits XXXX Low Ratio guidelines which has a min score requirement of 0.75 which this one has - PLS CLR | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119540 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note Addendum - Prepayment not provided |  | Prepayment addendum was not found in file. |  |  |  | Reviewer Comment (XXXX): Received prepayment doc in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) Prepayment is specified within the note, see attached (PDF page 4). | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119540 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Gross adjustments exceed 25% due to lack of sales In-place lease through XXXX | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 26.24<br> Guideline Requirement: 9.00 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119431 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.86 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Borrower is first time investor with DSCR below 1. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 740 | XXXX | Reviewer Comment (XXXX-15): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119435 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.81 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | As per the guideline Minimum 1% DSCR is required in the file |  |  |  | Reviewer Comment (XXXX-27): Lease agreement provided to evidence increase in rent.<br>Reviewer Comment (XXXX-22): Rental agreements in file show a total income of XXXX not XXXX.<br>Seller Comment (XXXX-21): (Rate Lock) Should be 0.91 (PITI on CD = XXXX) / XXXX0 = 0.9136 <br>Please confirm so we can correct exception<br>Reviewer Comment (XXXX-13): Calculated DSCR is 0.81. Lender exception in file is for DSCR of 0.96. Please provide a corrected Lender exception or the income worksheet. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119224 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject is a 4 unit property and 3 units are vacant. Received 1 lease. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Reserves: 110.05<br> Guideline Requirement: 6.00<br>Combined Loan to Value: 65.00000%<br> Guideline Maximum Combined Loan to Value: 75.00000%<br>Loan to Value: 65.00000%<br> Guideline Maximum Loan to Value: 75.00000% | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119224 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Note Date: XXXX; Lien Position: 1 | Secondary valuation is missing. |  |  |  | Reviewer Comment (XXXX): CDA provided. | XXXX |  |  | 1 D A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119388 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Additional 3-Day Waiting Period Timing Test – Regular Transaction | TILA-RESPA Integrated Disclosure – Most recent Closing Disclosure received at least 3 days prior to closing dated XXXX disclosed an inaccurate APR of 6.60000% compared to the actual APR at consummation of 6.95484% and a revised CD disclosing an accurate APR was not received by borrower at least three (3) business days prior to consummation. | Clarity calculated APR exceeds threshold of APR 6.60%. |  |  |  | Reviewer Comment (XXXX-14): XXXX received XXXX CD<br>Seller Comment (XXXX-13): (Rate Lock) CIC and proof it was viewed XXXX 3 days prior to closing provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | TRID timing exception, no remediation available. C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119388 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrowers sold business on lease to own contract. Using lease income to qualify. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 1yr Full Doc<br> Disposable Income: XXXX<br>Reserves: 42.39<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 53.59%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 784 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119388 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | XXXX CD reflect increase in discount points. Missing valid changed circumstance. No cure at closing. |  |  |  | Reviewer Comment (XXXX-21): XXXX Received rate lock showing pricing change.<br>Seller Comment (XXXX-20): (Rate Lock) provided shows change in pricing<br>Reviewer Comment (XXXX-16): XXXX received Changed Circumstance dated XXXX states property type changed; however. In order to determine if the changed circumstance is valid more information is necessary on reason 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> "<br>Seller Comment (XXXX-15): (Rate Lock) CIC provided | XXXX |  |  | 1 A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119449 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower is a first-time homebuyer living rent free. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 753 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119381 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XXXX | FTHB ineligible per guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 221.08<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 728 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119360 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | XXXX NSF on the XXXX business bank statements. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 22.42<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 797 | XXXX | Reviewer Comment (XXXX-15): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119360 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX XXXX CPA Letter | The spelling of borrower's first name doesn't match loan documents, identification and more. |  |  |  | Reviewer Comment (XXXX-13): Received corrected CPA Letter in trailing docs.<br>Reviewer Comment (XXXX): CPA letter provided was not signed. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119360 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The spelling of borrower's first name doesn't match loan documents, identification and more. |  |  |  | Reviewer Comment (XXXX-13): Received corrected CPA Letter in trailing docs.<br>Reviewer Comment (XXXX): CPA letter provided was not signed. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119360 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | The spelling of borrower's first name doesn't match loan documents, identification and more. |  |  |  | Reviewer Comment (XXXX-13): Received corrected CPA Letter in trailing docs.<br>Reviewer Comment (XXXX): CPA letter provided was not signed. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119450 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XXXX XXXX |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 216.41<br> Guideline Requirement: 9.00 | XXXX | Reviewer Comment (XXXX-14): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119450 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower is a first time homebuyer living rent free. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 216.41<br> Guideline Requirement: 9.00 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119333 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX 4506-C (XXXX), 4506-C (XXXX) | 4506-C (XXXX), 4506-C (XXXX) are missing | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Guidelines Representative FICO: 680<br> Representative FICO: 722<br>DTI: 27.96616% <br> Guideline Maximum DTI: 45.00000% | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. Acceptable document provided in PDF, Priority loan, closest associated, date loaded XXXX.<br>Reviewer Comment (XXXX): 4506-C for year XXXX provided is dated post-close and not acceptable. File is still missing 4506-C for years XXXX and XXXX. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119333 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Both borrowers are C09P and H31 non permanent resident aliens. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's Own Funds Percent: 22.32%<br> Borrower's Own Funds Amount: XXXX<br>DTI: 27.96616% <br> Guideline Maximum DTI: 45.00000%<br>Guidelines Representative FICO: 680<br> Representative FICO: 722 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119333 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | 4506-C XXXX, 4506-C XXXX are missing | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Guidelines Representative FICO: 680<br> Representative FICO: 722<br>DTI: 27.96616% <br> Guideline Maximum DTI: 45.00000% | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. Acceptable document provided in PDF, Priority loan, closest associated, date loaded XXXX.<br>Reviewer Comment (XXXX): 4506-C for year XXXX provided is dated post-close and not acceptable. File is still missing 4506-C for years XXXX and XXXX. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119345 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | The Guarantor's Percent of Business Ownership does not meet guideline requirements. | Borrower: XXXX XXXX % of Business Ownership: 24.99% | Closing in an LLC where the borrower is not a min of 50% owner. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 742 | XXXX | Reviewer Comment (XXXX-15): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119228 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Revised Loan Estimate Issue and Received Date > Closing Disclosure Issue and Received Date | TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (The Revised Loan Estimate was received on or after the Closing Disclosure.) (Interim/XXXX) | Revised Loan Estimate dated XXXX was provided after the date the Closing Disclosure was provided. |  |  |  | Reviewer Comment (XXXX): XXXX received LOE to remove CD dated XXXX not provided to borrower.<br>Seller Comment (XXXX): (Rate Lock) LOE provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119228 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Revised Loan Estimate Issue and Received Date > Closing Disclosure Issue and Received Date | TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (The Revised Loan Estimate was received on or after the Closing Disclosure.) (Interim/XXXX) | Revised Loan Estimate dated XXXX was provided after the date the Closing Disclosure was provided. |  |  |  | Reviewer Comment (XXXX): XXXX received LOE to remove CD dated XXXX not provided to borrower.<br>Seller Comment (XXXX): (Rate Lock) LOE provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119228 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Loan has XXXX Overdrafts in 12 month when max is 5 | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 15.95<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 27.08%<br> Borrower's Own Funds Amount: XXXX<br>DTI: 32.23381% <br> Guideline Maximum DTI: 45.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 745 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119228 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Additional 3-Day Waiting Period Timing Test – Regular Transaction | TILA-RESPA Integrated Disclosure – Most recent Closing Disclosure received at least 3 days prior to closing dated XXXX disclosed an inaccurate APR of 7.24200% compared to the actual APR at consummation of 8.31582% and a revised CD disclosing an accurate APR was not received by borrower at least three (3) business days prior to consummation. | Most recent Closing Disclosure received at least 3 days prior to closing dated XXXX disclosed an inaccurate APR of 7.24200% compared to the actual APR at consummation of 8.31582% and a revised CD disclosing an accurate APR was not received by borrower at least three (3) business days prior to consummation. |  |  |  | Reviewer Comment (XXXX-15): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-15): (Rate Lock) please waive EV2<br>Reviewer Comment (XXXX-14): Borrower Waiver of 3 day timing in file and exception has been regraded to EV2-B per SFA TRID Grid.<br>Seller Comment (XXXX-13): (Rate Lock) hardship letter provided to avoid re-opening recission |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | TRID timing exception, no remediation available. C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119355 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower has XXXX NSF and 6 OD in business account. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Reserves: 16.43<br> Guideline Requirement: 6.00<br>DTI: 14.55325% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (XXXX-16): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower has a main full time W2 job with consistent income in addition to the 1099 XXXX and XXXX. LOE provided for declining income. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Prior Housing Expense: XXXX<br> Proposed Housing Expense: XXXX<br>Reserves: 30.81<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 43.66%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 781 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan designation discrepancy due to loan file missing a third party verification for borrower's bank statement employment. |  |  |  | Reviewer Comment (XXXX-16): 2 years 1099 provided with YTD bank statements at XXXX a month. There were 1.6 months of income in XXXX, totaling over 24 months of income/employment.<br>Seller Comment (XXXX-13): (Rate Lock) Docs provided indicate the borrower has been driving for XXXX and XXXX since XXXX.<br>Reviewer Comment (XXXX): The CPA letter provided does not specify that business is still active and the start date of business is missing. Verification that business has been in existence for at least 2 years is required.<br>Seller Comment (XXXX): (Rate Lock) Proof of doc provided<br>Reviewer Comment (XXXX-28): Borrower income was very low in XXXX, it does not seem they were employed for the full year. Not able to use 1099 to verify at least 2 years employment.<br>Seller Comment (XXXX-27): (Rate Lock) XXXX 1099 shows he has over 2 years.? This should suffice to cover the history.<br>Reviewer Comment (XXXX-15): CPA letter received, however the document doesn't confirm start date.<br>Seller Comment (XXXX-13): (Rate Lock) CPA letter provided | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Bank Statements | Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. (XXXX,XXXX XXXX/Bank Statements) | Loan designation discrepancy due to loan file missing a third party verification for borrower's bank statement employment. |  |  |  | Reviewer Comment (XXXX-16): 2 years 1099 provided with YTD bank statements at XXXX a month. There were 1.6 months of income in XXXX, totaling over 24 months of income/employment.<br>Seller Comment (XXXX-13): (Rate Lock) Docs provided indicate the borrower has been driving for XXXX and XXXX since XXXX.<br>Reviewer Comment (XXXX): The CPA letter provided does not specify that business is still active and the start date of business is missing. Verification that business has been in existence for at least 2 years is required.<br>Seller Comment (XXXX): (Rate Lock) Proof of doc provided<br>Reviewer Comment (XXXX-28): Borrower income was very low in XXXX, it does not seem they were employed for the full year. Not able to use 1099 to verify at least 2 years employment.<br>Seller Comment (XXXX-27): (Rate Lock) XXXX 1099 shows he has over 2 years.? This should suffice to cover the history.<br>Reviewer Comment (XXXX-15): CPA letter received, however the document doesn't confirm start date.<br>Seller Comment (XXXX-13): (Rate Lock) CPA letter provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Waterfall exception due to loan file missing a third party verification for borrower's bank statement employment. |  |  |  | Reviewer Comment (XXXX-16): 2 years 1099 provided with YTD bank statements at XXXX a month. There were 1.6 months of income in XXXX, totaling over 24 months of income/employment. | XXXX |  |  | 1 A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Submitting an exception for decline in supplemental 1099 XXXX income from XXXX of greater than 10%. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Prior Housing Expense: XXXX<br> Proposed Housing Expense: XXXX<br>Reserves: 30.81<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 43.66%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 781 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | XXXX Requesting an exception to use a CPA letter in lieu of 1099 transcripts for XXXX explain the reason there are no 1099 transcripts. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Prior Housing Expense: XXXX<br> Proposed Housing Expense: XXXX<br>Reserves: 30.81<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 43.66%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 781 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Loan file is missing a third party verification for borrower's bank statement employment. |  |  |  | Reviewer Comment (XXXX-16): 2 years 1099 provided with YTD bank statements at XXXX a month. There were 1.6 months of income in XXXX, totaling over 24 months of income/employment.<br>Reviewer Comment (XXXX): The CPA letter provided does not specify that business is still active and the start date of business is missing. Verification that business has been in existence for at least 2 years is required.<br>Seller Comment (XXXX): (Rate Lock) Proof of doc provided<br>Reviewer Comment (XXXX-28): XXXX 1099 is for XXXX, not XXXX. Only XXXX XXXX 1099 was provided. The CPA letter also does not specify that the business has been in existence for at least 2 years.<br>Seller Comment (XXXX-27): (Rate Lock) XXXX 1099 shows he has over 2 years.? This should suffice to cover the history.<br>Reviewer Comment (XXXX-15): CPA letter received, however the document doesn't confirm start date.<br>Seller Comment (XXXX-13): (Rate Lock) CPA letter provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall exception due to loan file missing a third party verification for borrower's bank statement employment. |  |  |  | Reviewer Comment (XXXX-16): 2 years 1099 provided with YTD bank statements at XXXX a month. There were 1.6 months of income in XXXX, totaling over 24 months of income/employment.<br>Seller Comment (XXXX-13): (Rate Lock) Docs provided indicate the borrower has been driving for XXXX and XXXX since XXXX.<br>Reviewer Comment (XXXX): The CPA letter provided does not specify that business is still active and the start date of business is missing. Verification that business has been in existence for at least 2 years is required.<br>Seller Comment (XXXX): (Rate Lock) Proof of doc provided<br>Reviewer Comment (XXXX-28): XXXX 1099 is for XXXX, not XXXX. Only XXXX XXXX 1099 was provided. The CPA letter also does not specify that the business has been in existence for at least 2 years.<br>Seller Comment (XXXX-27): (Rate Lock) XXXX 1099 shows he has over 2 years.? This should suffice to cover the history.<br>Reviewer Comment (XXXX-15): CPA letter received, however the document doesn't confirm start date.<br>Seller Comment (XXXX-13): (Rate Lock) CPA letter provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Third Party Verification | Loan file is missing a third party verification of self employment for borrower's bank statement income. |  |  |  | Reviewer Comment (XXXX-16): 2 years 1099 provided with YTD bank statements at XXXX a month. There were 1.6 months of income in XXXX, totaling over 24 months of income/employment.<br>Seller Comment (XXXX-13): (Rate Lock) Docs provided indicate the borrower has been driving for XXXX and XXXX since XXXX.<br>Reviewer Comment (XXXX): The CPA letter provided does not specify that business is still active and the start date of business is missing. Verification that business has been in existence for at least 2 years is required.<br>Seller Comment (XXXX): (Rate Lock) Proof of doc provided<br>Reviewer Comment (XXXX-28): XXXX 1099 is for XXXX, not XXXX. Only XXXX XXXX 1099 was provided. The CPA letter also does not specify that the business has been in existence for at least 2 years.<br>Seller Comment (XXXX-27): (Rate Lock) XXXX 1099 shows he has over 2 years.? This should suffice to cover the history.<br>Reviewer Comment (XXXX-15): CPA letter received, however the document doesn't confirm start date.<br>Seller Comment (XXXX-13): (Rate Lock) CPA letter provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Loan file missing CPA letter required by Lender Exception. |  |  |  | Reviewer Comment (XXXX-16): 2 years 1099 provided with YTD bank statements at XXXX a month. There were 1.6 months of income in XXXX, totaling over 24 months of income/employment.<br>Seller Comment (XXXX-13): (Rate Lock) Docs provided indicate the borrower has been driving for XXXX and XXXX since XXXX.<br>Reviewer Comment (XXXX): The CPA letter provided does not specify that business is still active and the start date of business is missing. Verification that business has been in existence for at least 2 years is required.<br>Seller Comment (XXXX): (Rate Lock) Proof of doc provided<br>Reviewer Comment (XXXX-28): XXXX 1099 is for XXXX, not XXXX. Only XXXX XXXX 1099 was provided. The CPA letter also does not specify that the business has been in existence for at least 2 years.<br>Seller Comment (XXXX-27): (Rate Lock) XXXX 1099 shows he has over 2 years.? This should suffice to cover the history.<br>Reviewer Comment (XXXX-15): CPA letter received, however the document doesn't confirm start date.<br>Seller Comment (XXXX-13): (Rate Lock) CPA letter provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Loan file missing CPA letter required by Lender Exception and third party verification of employment for bank statement income. |  |  |  | Reviewer Comment (XXXX-16): 2 years 1099 provided with YTD bank statements at XXXX a month. There were 1.6 months of income in XXXX, totaling over 24 months of income/employment.<br>Seller Comment (XXXX-13): (Rate Lock) Docs provided indicate the borrower has been driving for XXXX and XXXX since XXXX.<br>Reviewer Comment (XXXX): The CPA letter provided does not specify that business is still active and the start date of business is missing. Verification that business has been in existence for at least 2 years is required.<br>Seller Comment (XXXX): (Rate Lock) Proof of doc provided<br>Reviewer Comment (XXXX-28): XXXX 1099 is for XXXX, not XXXX. Only XXXX XXXX 1099 was provided. The CPA letter also does not specify that the business has been in existence for at least 2 years.<br>Seller Comment (XXXX-27): (Rate Lock) XXXX 1099 shows he has over 2 years.? This should suffice to cover the history.<br>Reviewer Comment (XXXX-15): CPA letter received, however the document doesn't confirm start date.<br>Seller Comment (XXXX-13): (Rate Lock) CPA letter provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119413 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The subject has 2 ADU's and 1 is not permitted. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has worked in the same position for more than 3 years.<br>Guidelines Representative FICO: 660<br> Representative FICO: 761 | XXXX | Reviewer Comment (XXXX-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119295 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Verification disclosure was delivered to borrower 3 business days prior to closing was not provided. |  |  |  | Reviewer Comment (XXXX-26): XXXX received initial CD dated XXXX and CD dated XXXX.<br>Reviewer Comment (XXXX-22): XXXX received certificate of completion. However, only the CD dated XXXX is located in file. Please provide the CD issued to borrower prior to consummation for review or documentation the final CD was provide to borrower 3 business days prior to review.<br>Seller Comment (XXXX-21): (Rate Lock) Proof ICD as viewed XXXX 3 business days prior | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119295 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Business bank statements show the husband's name, and he is not on the loan. The husband was removed from the account per the bank letter provided. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>DTI: 24.20952% <br> Guideline Maximum DTI: 45.00000% | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119295 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 90.00000% exceeds Guideline loan to value percentage of 85.00000%. | LTV exceeds 85%. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>DTI: 24.20952% <br> Guideline Maximum DTI: 45.00000% | XXXX | Reviewer Comment (XXXX-28): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119295 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 90.00000% exceeds Guideline combined loan to value percentage of 85.00000%. | CLTV exceeds 85%. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>DTI: 24.20952% <br> Guideline Maximum DTI: 45.00000% | XXXX | Reviewer Comment (XXXX-28): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119472 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX XXXXXXXX XXXX Tax Verification | The file is missing a copy of the Tax certificate for property #XXXX. |  |  |  | Reviewer Comment (XXXX): Tax verification provided.<br>Seller Comment (XXXX): (Rate Lock) doc provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119472 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX XXXX Account Statements - Business, Third Party Verification | Loan file is missing bank statement dated XXXX for account ending in XXXX and Third party verification for borrower's business. |  |  |  | Reviewer Comment (XXXX-16): Bank statement provided.<br>Seller Comment (XXXX-16): (Rate Lock) Pre-close doc showing start date<br>Reviewer Comment (XXXX-13): The third-party verification does not show start date of business. Please provide third-party verification showing start date of business to satisfy guidelines requirements of 2 years.<br>Reviewer Comment (XXXX): Bank statement provided, third party verification missing.<br>Seller Comment (XXXX): (Rate Lock) XXXX provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119472 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided |  | The file is missing a copy of the Flood Certificate. |  |  |  | Reviewer Comment (XXXX): Flood certificate provided.<br>Seller Comment (XXXX): (Rate Lock) cert provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119472 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided |  | The file is missing the XXXX statement for account XXXX. |  |  |  | Reviewer Comment (XXXX): Bank statement provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119472 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower has 9 NSF's and 52 OD's in the previous 12 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 24mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 41.53<br> Guideline Requirement: 6.00<br>DTI: 9.31307% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119472 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Loan file is missing bank statement dated XXXX for account ending in XXXX and Third party verification for borrower's business. |  |  |  | Reviewer Comment (XXXX-16): Bank statement and Third-party Verification provided.<br>Seller Comment (XXXX-16): (Rate Lock) Pre-close doc showing start date<br>Reviewer Comment (XXXX): Bank statement provided, third party verification missing.<br>Seller Comment (XXXX): (Rate Lock) XXXX provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119235 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Unit two is XXXX sq ft, which is less than the minimum of XXXX sq ft. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 739 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119382 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower is a first time homebuyer and is living rent free. Unable to waive and down grade exception Lender exception doesn't include a compensating factor. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 723 | XXXX | Reviewer Comment (XXXX-27): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-25): (Rate Lock) updated CFs provided<br>Reviewer Comment (XXXX-22): Lender Exception provided has no compensating factors listed. Please provide comp factors.<br>Seller Comment (XXXX-20): (Rate Lock) exception provided |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119576 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.82685% or Final Disclosure APR of 8.89900% is equal to or greater than the threshold of APOR 6.25% + 2.5%, or 8.75000%. Non-Compliant Higher Priced Mortgage Loan. | Verification that the appraisal was delivered to the borrower 3 business days prior to closing was not provided. |  |  |  | Reviewer Comment (XXXX-23): XXXX considered a business day. Exceptions updated/Cleared.<br>Reviewer Comment (XXXX-23): Appraisal report date was XXXX and borrower confirmed receipt on XXXX, closing was XXXX. Waiver also provided in file. Appraisal was not received at least 3 business days prior to closing. For HPML loans appraisal has to be received at least 3 business days prior to closing.<br>Seller Comment (XXXX-21): The attached form signed by the borrower confirms and states the appraisal report was hand-delivered to them.<br>Reviewer Comment (XXXX-20): Verification appraisal was delivered to borrower 3 business days prior to closing was not provided.<br>Seller Comment (XXXX-16): Please see attached | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119576 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Verification that the appraisal was delivered to the borrower 3 business days prior to closing was not provided. |  |  |  | Reviewer Comment (XXXX-23): XXXX considered a business day. Exceptions updated/Cleared.<br>Reviewer Comment (XXXX-23): Appraisal report date was XXXX and borrower confirmed receipt on XXXX, closing was XXXX. Waiver also provided in file. Appraisal was not received at least 3 business days prior to closing. For HPML loans appraisal has to be received at least 3 business days prior to closing.<br>Seller Comment (XXXX-21): The attached form signed by the borrower confirms and states the appraisal report was hand-delivered to them.<br>Reviewer Comment (XXXX-20): Verification appraisal was delivered to borrower 3 business days prior to closing was not provided.<br>Seller Comment (XXXX-16): Pls. see attached proof of delivery. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119350 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Administration Fee. Fee Amount of XXXX exceeds tolerance of XXXX without a valid change of circumstance. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX): Received COC in trailing docs.<br>Reviewer Comment (XXXX): For fee tolerance refund please provide the following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119350 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) | No evidence of borrower's receipt of appraisal was provided in file. |  |  |  | Reviewer Comment (XXXX-30): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-29): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119347 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Corporate Resolution is missing from the loan file. |  |  |  | Reviewer Comment (XXXX-14): Operating agreement was provided.<br>Seller Comment (XXXX-13): (Rate Lock) OA proivded | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119230 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 76.67715% exceeds Guideline loan to value percentage of 75.00000%. | Calculated loan to value percentage of 76.67715% exceeds Guideline loan to value percentage of 75.00000 | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119230 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 76.67715% exceeds Guideline combined loan to value percentage of 75.00000%. | Calculated combined loan to value percentage of 76.67715% exceeds Guideline combined loan to value percentage of 75.00000%. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119565 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraisal utilized comp sales ranging from XXXX miles to XXXX miles from the subject property, comp rentals ranging from XXXX miles to XXXX miles from the subject property and all are SFRs rather than 2-4 unit properties like the subject, and property is noted as a barndaminium style. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 101.72<br> Guideline Requirement: 9.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 733 | XXXX | Reviewer Comment (XXXX-28): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119557 | XXXX | XXXX | XXXX | XXXX | Credit | Title | Document Error | Title | Title Evidence of Title Search was used on a first lien. |  | Final Title policy is missing in loan file |  |  |  | Reviewer Comment (XXXX-28): Title provided. Cleared.<br>Reviewer Comment (XXXX-23): Document provided is a Tile search report, Preliminary/Commitment tile is missing. Exception remains.<br>Seller Comment (XXXX-20): (Rate Lock) Please see uploaded title commitment. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119555 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided |  | EIN not provided in the file |  |  |  | Reviewer Comment (XXXX): EIN was provided.<br>Seller Comment (XXXX): (Rate Lock) Please see uploaded EIN. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower has unverifiable rent history. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has owned the subject property for at least 5 years.<br>Reserves: 105.37<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 795 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.98 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR of .98 is less than the guideline minimum of 1.00. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has owned the subject property for at least 5 years.<br>Reserves: 105.37<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 795 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119453 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.83 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR<1. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 18.93<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 32.22%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 799 | XXXX | Reviewer Comment (XXXX-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119310 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX 4506-C XXXX, 4506-C XXXX | The file is missing Signed and dated XXXX and XXXX 4506-C for borrower. |  |  |  | Reviewer Comment (XXXX-27): Form 8821 provided.<br>Seller Comment (XXXX-27): (Rate Lock) 4506C provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119310 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | 1099 is under the borrower's business name and EIN. 1099 transcripts are not coming back under borrower's name. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 42.63<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 735 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119310 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The file is missing Signed and dated XXXX and XXXX 4506-C for borrower. |  |  |  | Reviewer Comment (XXXX-27): Form 8821 provided.<br>Seller Comment (XXXX-27): (Rate Lock) 4506C provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119405 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided |  | Employer Identification Number (EIN) was not provided. |  |  |  | Reviewer Comment (XXXX): EIN provided.<br>Reviewer Comment (XXXX): Employer Identification Number (EIN) was not provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119405 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 77.91411% exceeds Guideline loan to value percentage of 75.00000%. | Guidelines max LTV threshold is 75%XXXXlculated LTV is 77.91%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of 1.22 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX): Additional compensating factor provided is borrower experience. Documents in file show borrower has one other rental property. File lacks compensating factors to downgrade and waive.<br>Seller Comment (XXXX): (Rate Lock) Additional CF added<br>Reviewer Comment (XXXX): Two compensating factors provided in the file. Please provide additional compensating factors. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119405 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 77.91411% exceeds Guideline combined loan to value percentage of 75.00000%. | Guidelines max LTV threshold is 75%XXXXlculated LTV is 77.91%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of 1.22 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX): Additional compensating factor provided is borrower experience. Documents in file show borrower has one other rental property. File lacks compensating factors to downgrade and waive.<br>Seller Comment (XXXX): (Rate Lock) Additional CF added<br>Reviewer Comment (XXXX): Two compensating factors provided in the file. Please provide additional compensating factors. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119405 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | ACV (actual cash value) on roofs per master insurance policy is not permitted per guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of 1.22 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119405 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per guidelines properties leased to family members are not eligible for the DSCR program, as such arrangements are not considered business purpose. Subject property is rented to family. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of 1.22 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX): Additional compensating factor provided is borrower experience. Documents in file show borrower has one other rental property. File lacks compensating factors to downgrade and waive.<br>Seller Comment (XXXX): (Rate Lock) Additional CF added<br>Reviewer Comment (XXXX): Two compensating factors provided in the file. Please provide additional compensating factors. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119334 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.81 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated DSCR is 0.81 % while Guideline required 1% | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 762 | XXXX | Reviewer Comment (XXXX-15): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119387 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | No evidence that borrower received a copy of appraisal 3 business days to closing. |  |  |  | Reviewer Comment (XXXX-22): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-20): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119387 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Of Payments | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XXXX). The disclosed Total of Payments in the amount of XXXX is under disclosed by XXXX compared to the calculated total of payments of XXXX which exceeds the XXXX threshold. (Final/XXXX) | Final Closing Disclosure provided on XXXX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XXXX). |  |  |  | Reviewer Comment (XXXX): XXXX received Letter of Explanation, Proof of Delivery, Refund check & Corrected CD<br>Reviewer Comment (XXXX-21): Final CD issued XXXX reflects page 2 Section D fees totaling XXXX (which is amount included in the Total of Payments calculation) and the XXXX PCCD reflects page 2 Section D fees of XXXX9.61 which increased this XXXX which the Final CD was underdisclosed by XXXX at closing and cure would be due to borrower for that underdisclosure over tolerance threshold. Cure would be Corrected CD, LOE to borrower, copy of cure refund of XXXX and proof of mailing.<br>Seller Comment (XXXX-20): (Rate Lock) Please advise which fees are calculated in this |  | XXXX |  | 2 C B | XXXX | XXXX | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119387 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Project has XXXX units and only XXXX units are sold; less than 90% units are sold. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | DTI: 28.14317% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 730 | XXXX | Reviewer Comment (XXXX-29): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-28): (Rate Lock) Updated CFs provided<br>Reviewer Comment (XXXX-15): Compensating factor provided is not applicable to this loan. Borrower has only worked in this job for 2.44 years. Please provide alternative comp factors. |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119454 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Property is a Unique Property (Log /A - Frame/Religious) that does not meet guideline requirement. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 746 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119330 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Sale falls within property flip guidelines but has no documentation of upgrades. Sale was not an arms-length transaction between a corporation and its' shareholder. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 21.16<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 747 | XXXX | Reviewer Comment (XXXX-14): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119447 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. | Max LTV is 70% for rural properties. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Representative FICO: 777 | XXXX | Reviewer Comment (XXXX-22): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119447 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | Max LTV is 70% for rural properties. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Representative FICO: 777 | XXXX | Reviewer Comment (XXXX-22): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119447 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.98 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | First time Investors require a DSCR over 1.0. Origination used incorrect taxes. Homestead exemption cannot be applied to investment property's taxes. |  |  |  | Reviewer Comment (XXXX-26): Cleared, tax certificate provided verifies tax amount.<br>Seller Comment (XXXX-23): (Rate Lock) It is not a homestead exemption. It is if paid by XXXX 30 which we consistently use in XXXX | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119246 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  |  | Reviewer Comment (XXXX-27): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-23): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119299 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000%. |  | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's Own Funds Percent: 28.55%<br> Borrower's Own Funds Amount: XXXX<br>Debt Service Coverage Ratio: 2.00<br> Guideline Requirement: 1.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 743 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119299 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 85.00000% exceeds Guideline combined loan to value percentage of 80.00000%. |  | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower's Own Funds Percent: 28.55%<br> Borrower's Own Funds Amount: XXXX<br>Debt Service Coverage Ratio: 2.00<br> Guideline Requirement: 1.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 743 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Total cash-out discrepancy. | HUD-1 total cash-out of XXXX is greater than Guideline total cash-out of XXXX. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 680<br> Representative FICO: 733 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 90.00000% exceeds Guideline loan to value percentage of 80.00000%. | LTV of 90% exceeds guideline max of 80% for a non arms length transaction. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | DTI: 12.38989% <br> Guideline Maximum DTI: 45.00000% | XXXX | Reviewer Comment (XXXX-15): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 90.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | LTV of 90% exceeds guideline max of 80% for a non arms length transaction. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | DTI: 12.38989% <br> Guideline Maximum DTI: 45.00000% | XXXX | Reviewer Comment (XXXX-15): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119471 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for less than 2 years of self-employment. Borrower has less than 2 years self-employment and lacks 4 years in the same line of work. Business has been in existence for less than 2 years. Borrower is a XXXX and was in XXXX as evidenced by school transcripts, prior to starting employment. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Disposable Income: XXXX | XXXX | Reviewer Comment (XXXX-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119483 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Provide evidence of COC. Loan file documentation does not show a change in LTV or DTI. |  |  |  | Reviewer Comment (XXXX-16): XXXX received a valid COC. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119479 | XXXX | XXXX | XXXX | XXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  | The preliminary title report in file did not disclose the amount of title insurance coverage. |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) EV2 Accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Home Improvement | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119309 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. | Max LTV is 70% when DSR is below 1. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: XXXX.24<br>Representative FICO: 763 | XXXX | Reviewer Comment (XXXX-22): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119309 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | Max LTV is 70% when DSR is below 1. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: XXXX.24<br>Representative FICO: 763 | XXXX | Reviewer Comment (XXXX-22): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119309 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Mortgage history of 1x30 exceeds Guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: XXXX.24<br>Representative FICO: 763 | XXXX | Reviewer Comment (XXXX-22): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119451 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject is part of a small XXXX unit project that does not have a budget or reserve account. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 112.53<br> Guideline Requirement: 6.00<br>DTI: 18.46978% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (XXXX-30): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119451 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The loan file is missing verification of the business entity within 120 calendar days prior to the Note date. |  |  |  | Reviewer Comment (XXXX): Received business internet listing in trailing docs.<br>Reviewer Comment (XXXX): Guidelines require third party verification of business from CPA, regulatory agency, or the applicable licensing bureau, or Phone listing and address for the borrower's business using a third-party source (i.e., Better Business Bureau, Secretary of State, etc.). This was not provided in file. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119363 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Third party verification with start date for primary borrower's self-employment was not provided. |  |  |  | Reviewer Comment (XXXX-27): Received Operating Agreement document that shows business start date in trailing docs.<br>Seller Comment (XXXX-23): (Rate Lock) executed OA provided showing business has been active since XXXX | XXXX |  |  | 1 B A C | XXXX | XXXX | Second Home | Purchase | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119363 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Third party verification with start date for primary borrower's self-employment was not provided. |  |  |  | Reviewer Comment (XXXX-27): Received Operating Agreement document that shows business start date in trailing docs.<br>Seller Comment (XXXX-23): (Rate Lock) executed OA provided showing business has been active since XXXX | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119363 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Third party verification with start date for primary borrower's self-employment was not provided. |  |  |  | Reviewer Comment (XXXX-27): Received Operating Agreement document that shows business start date in trailing docs.<br>Seller Comment (XXXX-23): (Rate Lock) executed OA provided showing business has been active since XXXX | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119363 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Third party verification with start date for primary borrower's self-employment was not provided. |  |  |  | Reviewer Comment (XXXX-27): Received Operating Agreement document that shows business start date in trailing docs.<br>Seller Comment (XXXX-23): (Rate Lock) executed OA provided showing business has been active since XXXX | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119363 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX XXXX Third Party Verification | Third party verification with start date for primary borrower's self-employment was not provided. |  |  |  | Reviewer Comment (XXXX-27): Received Operating Agreement document that shows business start date in trailing docs.<br>Seller Comment (XXXX-23): (Rate Lock) executed OA provided showing business has been active since XXXX | XXXX |  |  | 1 C A | XXXX | XXXX | Second Home | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119487 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Statement, Statement<br> Statement<br> Statement<br> Statement<br> Statement | The mortgage statements for the XXXX XXXX properties are missing from the file. |  |  |  | Reviewer Comment (XXXX-02): CD provided.<br>Reviewer Comment (XXXX-29): CD for XXXX XXXX Drive was not provided. Please provide the CD or Mortgage statement to verify the mortgage payment of the property.<br>Seller Comment (XXXX-29): (Rate Lock) All REO docs provided; no mortgage statements, only signed CDs with HOI/taxes and all items are sufficient to clear.<br>Reviewer Comment (XXXX-28): Received verification of mortgage payments for all XXXX Drive properties except XXXX Drive. Please provide.<br>Reviewer Comment (XXXX-27): Mortgage statements required for XXXX Drive properties were not provided. Received tax certificates, please provide mortgage statements to verify payments.<br>Seller Comment (XXXX-27): (Rate Lock) REO docs for XXXX properties provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119487 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The mortgage statements for the XXXX XXXX properties are missing from the file. |  |  |  | Reviewer Comment (XXXX-02): CD provided.<br>Reviewer Comment (XXXX-29): CD for XXXX Drive was not provide. Please provide the CD or Mortgage statement to verify the mortgage payment of the property.<br>Seller Comment (XXXX-29): (Rate Lock) All REO docs provided; no mortgage statements, only signed CDs with HOI/taxes and all items are sufficient to clear.<br>Reviewer Comment (XXXX-27): Mortgage statements required for XXXX Drive properties were not provided. Received tax certificates, please provide mortgage statements to verify payments.<br>Seller Comment (XXXX-27): (Rate Lock) REO docs for XXXX properties provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119486 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Statement<br> Statement<br> Statement<br> Statement | Mortgage statements missing for the XXXX drive properties. |  |  |  | Reviewer Comment (XXXX-02): CD provided.<br>Reviewer Comment (XXXX-29): Received CDs for XXXX Drive Properties. Missing CD/ Mortgage statement for XXXX Drive.<br>Seller Comment (XXXX-29): (Rate Lock) All properties listed in this condition were provided for.<br>Reviewer Comment (XXXX-27): Mortgage statements required for XXXX Drive properties were not provided. Received tax certificates, please provide mortgage statements to verify payments.<br>Seller Comment (XXXX-27): (Rate Lock) REO docs provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119486 | XXXX | XXXX | XXXX | XXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date XXXX, Disbursement Date: XXXX | Hazard Insurance Policy Effective Date of XXXX is after the note date of XXXX. Hazard Insurance policy with an effective date prior to the note date is required. |  |  |  | Reviewer Comment (XXXX-27): Policy effective date is on the disbursement date.<br>Seller Comment (XXXX-27): (Rate Lock) File funded XXXX so this is OK | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119486 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Mortgage statements missing for all the XXXX drive properties. |  |  |  | Reviewer Comment (XXXX-02): CD provided.<br>Reviewer Comment (XXXX-29): Received CDs for XXXX Drive Properties. Missing CD/ Mortgage statement for XXXX Drive.<br>Seller Comment (XXXX-29): (Rate Lock) All properties listed in this condition were provided for.<br>Reviewer Comment (XXXX-27): Mortgage statements required for XXXX Drive properties were not provided. Received tax certificates, please provide mortgage statements to verify payments.<br>Seller Comment (XXXX-27): (Rate Lock) REO docs provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119490 | XXXX | XXXX | XXXX | XXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date XXXX, Disbursement Date: XXXX | Hazard Insurance Policy Effective Date of XXXX is after Note date of XXXX. |  |  |  | Reviewer Comment (XXXX): Hazard Insurance Policy Effective Date of XXXX is same as disbursement date.<br>Seller Comment (XXXX): File funded XXXX so this is ok | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119490 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  | Reviewer Comment (XXXX-29): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-29): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119485 | XXXX | XXXX | XXXX | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  |  |  |  |  | Reviewer Comment (XXXX): Received a RCE in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119485 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Maximum one vacant unit is allowed on a 2 unit property. Lease agreements were not provided. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 104.32<br> Guideline Requirement: 12.00 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | XXXX | XXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date XXXX, Disbursement Date: XXXX | Hazard Insurance Policy Effective Date of XXXX is after the Note date of XXXX. Please provide Hazard insurance policy with an effective date no later than Note date. |  |  |  | Reviewer Comment (XXXX): Hazard insurance effective date XXXX, disbursement date XXXX.<br>Seller Comment (XXXX): File funded XXXX so this is ok | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Statement<br> Statement<br> Statement<br> Statement | Missing mortgage statements to verify PITIA for the XXXX XXXX Dr properties. |  |  |  | Reviewer Comment (XXXX): CDs provided.<br>Seller Comment (XXXX): Attached | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Missing mortgage statements to verify PITIA for the XXXX XXXX Dr properties. |  |  |  | Reviewer Comment (XXXX): CDs provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119489 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX<br> Statement<br> Statement<br> Statement | Missing mortgage statements to verify PITIA for XXXX XXXX properties. If taxes and insurance are not escrowed, verification of taxes and insurance is required. HOA is required if property is part of one. |  |  |  | Reviewer Comment (XXXX-30): Acceptable document provided in PDF, Priority loan, closest doc associated, images loaded XXXX @10 :51am.<br>Reviewer Comment (XXXX-29): Received CDs, Tax Cert and Hazard Insurance docs. Mortgage statement or CD is still missing for XXXX Drive.<br>Seller Comment (XXXX-29): (Rate Lock) All REO docs provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119489 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Missing mortgage statements to verify PITIA for XXXX XXXX properties. If taxes and insurance are not escrowed, verification of taxes and insurance is required. HOA is required if property is part of one. |  |  |  | Reviewer Comment (XXXX-30): Acceptable document provided in PDF, Priority loan, closest doc associated, images loaded XXXX @10:51am.<br>Reviewer Comment (XXXX-29): Received CDs, Tax Cert and Hazard Insurance docs. Mortgage statement or CD is still missing for XXXX Drive.<br>Seller Comment (XXXX-29): (Rate Lock) All REO docs provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119468 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  | Reviewer Comment (XXXX-27): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-23): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119468 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report Date: XXXX | The appraisal was not in the name of the lender name. Provide a revised appraisal correcting the client or an appraisal transfer letter. |  |  |  | Reviewer Comment (XXXX-27): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-23): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119468 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Appraisal Transfer letter missing. |  |  |  | Reviewer Comment (XXXX-30): All required documents provided. XML not required.<br>Reviewer Comment (XXXX-27): Per guideline requirements for transfer of appraisals, invoice and XML version of the appraisal were not provided.<br>Seller Comment (XXXX-24): (Rate Lock) Transfer letter is not required | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119461 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject property is less than XXXX sq ft. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (XXXX-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119518 | XXXX | XXXX | XXXX | XXXX | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Lender approved exception for Non-warrantable Condo. The association has outstanding repairs. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 31.24%<br> Borrower's Own Funds Amount: XXXX<br>DTI: 38.15411% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 750 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119518 | XXXX | XXXX | XXXX | XXXX | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 |  | Missing Initial 1003 signed by either Loan officer or borrower. |  |  |  | Reviewer Comment (XXXX-16): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-15): Please waive |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119518 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Revised Loan Estimate Issue and Received Date > Closing Disclosure Issue and Received Date | TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (The Revised Loan Estimate was received on or after the Closing Disclosure.) (Interim/XXXX) | Closing Disclosure issued on XXXX was provided before Revised loan estimate issue date of XXXX. |  |  |  | Reviewer Comment (XXXX-16): XXXX received attestation to remove CD dated XXXX not disclosed to consumer.<br>Seller Comment (XXXX-15): Please see attached lender attestation | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119518 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. Sufficient or excess cure was provided to the borrower at Closing. (0) |  |  |  |  | Reviewer Comment (XXXX): Sufficient Cure Provided At Closing |  | XXXX |  | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119418 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Use of new lease at XXXX0 per month security deposit and evidence of 1st months rent received, minimum 3 months receipt of rental income not available lease dated XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 36.63<br> Guideline Requirement: 6.00<br>Debt Service Coverage Ratio: 1.72<br> Guideline Requirement: 1.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 742 | XXXX | Reviewer Comment (XXXX-23): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-23): (Rate Lock) Exception provided |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119418 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Missing fully executed final HUD. |  |  |  | Reviewer Comment (XXXX-27): Received final closing settlement in trailing docs.<br>Seller Comment (XXXX-27): (Rate Lock) Final executed SS provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119492 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | No evidence of borrower's receipt of appraisal. |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119462 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.96 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 720<br> Representative FICO: 803 | XXXX | Reviewer Comment (XXXX-16): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119396 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | Title Policy Coverage is less than Original Loan Amount. |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119396 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Delayed financing. Borrower only owns 50% of the LLC that acquired the subject. Per guidelines borrower required to own 100% of the LLC. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 91.97<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 769 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119396 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Funds that were used to purchase the subject came from the non-borrowing LLC partner, and not from our borrower. LLC owned 50/50 between our borrower and the person who contributed the funds. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 91.97<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 769 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119475 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Mismatch of data related to Occupancy. | Borrower: XXXX, Borrower: XXXX LLC Occupancy: Investment; Declarations/Will borrower occupy: Yes<br> Occupancy: Investment; Declarations/Will borrower occupy: Yes | Initial and final 1003 shows borrower intends to occupy the subject property as their primary residence. |  |  |  | Reviewer Comment (XXXX): Received updated 1003 in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119475 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Missing Required Data (other than HUD-1 or Note) | Disparity in Occupancy - Not Tested As Primary | The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their primary residence. (Compliance testing performed based on the Occupancy Type of Investment). Determination has not been made as to whether the loan would be High Cost and/or HPML if ran as a Primary Residence. | Initial and final 1003 shows borrower intends to occupy the subject property as their primary residence. |  |  |  | Reviewer Comment (XXXX): Received processor certification n trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119466 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Full appraised value used on this delayed financing (recent rehab) transaction. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Loan to Value: 64.58233%<br> Guideline Maximum Loan to Value: 75.00000% | XXXX | Reviewer Comment (XXXX-14): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119318 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. |  |  |  | Reviewer Comment (XXXX-22): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-20): (Rate Lock) Lender accepts Ev2 and wishes to waive |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119318 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject is a 2 unit with an ADU. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Loan to Value: 58.99873%<br> Guideline Maximum Loan to Value: 80.00000%<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Guidelines Representative FICO: 660<br> Representative FICO: 741 | XXXX | Reviewer Comment (XXXX-15): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119318 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  | Reviewer Comment (XXXX-22): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-20): (Rate Lock) Lender accepts Ev2 and wishes to waive |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119318 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Unknown if there are ADU permits. | The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | Combined Loan to Value: 58.99873%<br> Guideline Maximum Combined Loan to Value: 80.00000%<br>Loan to Value: 58.99873%<br> Guideline Maximum Loan to Value: 80.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 741<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (XXXX-15): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119493 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. | LTV of 75% exceeds max of 70% for a rural property. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 10.66<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 783 | XXXX | Reviewer Comment (XXXX-28): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119493 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | LTV of 75% exceeds max of 70% for a rural property. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 10.66<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 783 | XXXX | Reviewer Comment (XXXX-28): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119567 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraisal utilized comp sales ranging from XXXX miles to XXXX miles from the subject property, comp rentals ranging from XXXX miles from the subject, and all are SFRs rather than 2–4-unit properties like the subject and the property is noted as a barn dominium style. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XXXX | Reviewer Comment (XXXX-22): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119566 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraisal utilized comparable sales ranging from XXXX miles from the subject property, comparable rentals ranging from XXXX miles from the subject property, and all are SFRs rather than 2-4 unit properties like the subject, and the property is noted as a barndominium style. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's Experience/Track Record | Reserves: 107.10<br> Guideline Requirement: 9.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 733<br>Borrower's Experience/Track Record. The borrower has 5 Years of Experience. Currently holds 14 Properties. | XXXX | Reviewer Comment (XXXX-27): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-23): (Rate Lock) Please see uploaded exception approval form. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119469 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Evidence that borrower's businesses were verified to be active at least 120 days prior to Note date was not provided. |  |  |  | Reviewer Comment (XXXX-13): Received VVOE in trailing docs.<br>Reviewer Comment (XXXX): Document provided for XXXX. Please provide third party verification within 120 calendar days prior to note date for XXXX. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119469 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX Third Party Verification | CPA letter provided does not state that business is active. Business entity document provided is not dated. Unable to verify if business was active within 120 days of the Note date. |  |  |  | Reviewer Comment (XXXX-13): Received VVOE in trailing docs. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119469 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to missing income documentation. |  |  |  | Reviewer Comment (XXXX-13): Received VVOE in trailing docs. | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119469 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall exception due to missing income documentation. |  |  |  | Reviewer Comment (XXXX-13): Received VVOE in trailing docs.<br>Reviewer Comment (XXXX): Document provided is not dated. Unable to determine if business existence was verified at least 120 days prior to the Note date.<br>Reviewer Comment (XXXX): Document provided for XXXX. Please provide third party verification within 120 calendar days prior to note date for XXXX. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119469 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall exception due to missing income documentation. |  |  |  | Reviewer Comment (XXXX-13): Received VVOE in trailing docs.<br>Reviewer Comment (XXXX): Document provided is not dated. Unable to determine if business existence was verified at least 120 days prior to the Note date.<br>Reviewer Comment (XXXX): Document provided for XXXX. Please provide third party verification within 120 calendar days prior to note date for XXXX. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119460 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.87 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.87 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 4XXXX.36<br> Guideline Requirement: 9.00<br>Borrower's Own Funds Percent: 100.00%<br> Borrower's Own Funds Amount: XXXX<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>Guidelines Representative FICO: 660<br> Representative FICO: 806 | XXXX | Reviewer Comment (XXXX-21): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119218 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Refinance purpose discrepancy. | Loan refinance purpose of Rate/Term does not match Guideline loan refinance purpose of Cash-out - Other. | The loan was locked and the Approval reflected the subject is a Cash Out refinance, however the transaction was part of a marital separation agreement and the funds to the spouse is not considered cash back. Loan is a Rate and Term. |  |  |  | Reviewer Comment (XXXX-22): Received rate lock showing loan is a R/T refinance.<br>Seller Comment (XXXX-21): (Rate Lock) RateLock provided showing loan as R/T | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraisal utilizes Sale Comps 1-4 with sale dates ranging from XXXX to XXXX. Additionally, sale comps 2-4 have excessive adjustments: net adjustments are -18.5%, -41.4% and -45% from #2-4, respectively; gross adjustments are 18.5%, 46% and 50%, respectively. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower's Experience/Track Record | Guidelines Representative FICO: 660<br> Representative FICO: 738<br>The DSCR of 1.38 is greater than the minimum required DSCR of 1.00.<br>Reserves: 66.56<br> Guideline Requirement: 9.00<br>Borrower has 10 properties in their portfolio | XXXX | Reviewer Comment (XXXX-30): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-29): (Rate Lock) Please see uploaded exception approval form. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119569 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraisal utilizes Sale Comps 1-4 with sale dates ranging from 11/XXXX to 10/XXXX. Additionally, sale comps 2-4 have excessive adjustments: net adjustments are -18.5%, -41.4% and -45% from #2-4, respectively; gross adjustments are 18.5%, 46% and 50%, respectively. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 54.30<br> Guideline Requirement: 9.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 738 | XXXX | Reviewer Comment (XXXX-02): Guidelines Representative FICO: 660<br> Representative FICO: 738<br>Seller Comment (XXXX-02): (Rate Lock) Please see uploaded exception approval form. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119572 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraisal utilizes Sale Comps 1-4 with sale dates ranging from 11/XXXX to 10/XXXX. Additionally, sale comps 2-4 have excessive adjustments: net adjustments are -18.5%, -41.4% and -45% from #2-4, respectively; gross adjustments are 18.5%, 46% and 50%, respectively. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 42.26<br> Guideline Requirement: 9.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 738 | XXXX | Reviewer Comment (XXXX-02): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-02): (Rate Lock) Please see uploaded exception approval form. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119570 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraisal utilizes Sale Comps 1-4 with sale dates ranging from XXXX. Additionally, sale comps 2-4 have excessive adjustments: net adjustments are -18.5%, -41.4% and -45% from #2-4, respectively; gross adjustments are 18.5%, 46% and 50%, respectively. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has owned the subject property for at least 5 years.<br>Reserves: 30.11<br> Guideline Requirement: 9.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 738 | XXXX | Reviewer Comment (XXXX-02): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-02): (Rate Lock) Please see uploaded exception approval form. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119571 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraisal utilizes Sale Comps 1-4 with sale dates ranging from XXXX. Additionally, sale comps 2-4 have excessive adjustments: net adjustments are -25.9%, -46% and -50% from #2-4, respectively; gross adjustments are 25.9%, 50.6% and 55%, respectively. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has owned the subject property for at least 5 years.<br>Reserves: 20.82<br> Guideline Requirement: 9.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 738 | XXXX | Reviewer Comment (XXXX-02): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-02): (Rate Lock) Please see uploaded exception approval form. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119476 | XXXX | XXXX | XXXX | XXXX | Credit | Business Purpose | General | Business Purpose | Missing Document: Spousal Consent not provided. | Borrower: XXXX | Spousal Consent form is missing in file. |  |  |  | Reviewer Comment (XXXX): Security instrument signed by non-borrowing spouse.<br>Seller Comment (XXXX): (Rate Lock) Spouse signed docs | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119476 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided |  | Security instrument for Subject Lien is not signed and dated. |  |  |  | Reviewer Comment (XXXX): Signed and dated SI provided. | XXXX |  |  | 1 D A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119476 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.77 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated Debt Service Coverage Ratio of 0.77 does not meet Guideline Debt Service Coverage Ratio 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 115.96<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 100.00%<br> Borrower's Own Funds Amount: XXXX<br>Combined Loan to Value: 70.00000%<br> Guideline Maximum Combined Loan to Value: 80.00000%<br>Loan to Value: 70.00000%<br> Guideline Maximum Loan to Value: 80.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 728 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119553 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided |  | Unable to verify annual tax XXXX.00 for subject property. |  |  |  | Reviewer Comment (XXXX-27): Received Tax document showing tax rates in trailing docs.<br>Seller Comment (XXXX-23): (Rate Lock) The tax certificate provides the applicable millage rates. The underwritten tax figure reflects the purchase price applied to those rates.<br> XXXX ?-- (0.008985 + 0.00448989 + 0.008617) = XXXX<br>Reviewer Comment (XXXX-23): Tax amounts on tax certificate provided do not add up to XXXX. Exception remains.<br>Seller Comment (XXXX-20): (Rate Lock) Since this is a purchase, UW used a conservative estimate using all tax rates the property is subject to and the purchase price. This resulted in XXXX in underwritten tax. See attached document showing tax rates used. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119550 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Please provide the updated credit report for review. |  |  |  | Reviewer Comment (XXXX-27): Received updated credit report in trailing docs. Credit report updated.<br>Seller Comment (XXXX-23): (Rate Lock) Please see uploaded credit report. | XXXX |  |  | 1 A | XXXX | XXXX | Investment | Purchase | A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119558 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The seller on this transaction is the broker, creating a concern for non- arm's length. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's Experience/Track Record | Reserves: 16.01<br>Borrower's Experience/Track Record. The borrower has: 5 Years of Experience. Currently holds 13 Properties. | XXXX | Reviewer Comment (XXXX-22): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119383 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Insurance Verification | Missing Insurance Verification and Statement XXXX, insurance and tax verification and statement XXXX, and insurance verification for XXXX. |  |  |  | Reviewer Comment (XXXX): Received insurance verification in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) CD for XXXX and XXXX HOI provided<br>Reviewer Comment (XXXX): CD for XXXX was not provided. File is still missing Insurance verification for XXXX, XXXX.<br>Reviewer Comment (XXXX): Missing insurance verification for XXXX.<br>Seller Comment (XXXX): (Rate Lock) Provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119383 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, Address: XXXX, XXXX Insurance Verification<br> Insurance Verification, Statement, Tax Verification | Missing Insurance Verification and Statement XXXX, insurance and tax verification and statement for XXXX, and insurance verification for XXXX. |  |  |  | Reviewer Comment (XXXX): Received insurance verification in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) CD for XXXX HOI provided<br>Reviewer Comment (XXXX): CD for XXXX XXXX was not provided. File is still missing Insurance verification for XXXX, XXXX.<br>Seller Comment (XXXX): (Rate Lock) Signed CDs provided for XXXX; escrows were not waived and HOI included in monthly payment.<br>Reviewer Comment (XXXX): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Insurance Verification, Statement<br> Insurance Verification, Statement, Tax Verification<br>Reviewer Comment (XXXX): Missing Insurance Verification for XXXX, insurance and tax verification and statement for XXXX, and insurance verification for XXXX.<br>Seller Comment (XXXX): (Rate Lock) XXXX REO docs provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119383 | XXXX | XXXX | XXXX | XXXX | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Lender approved exception to allow non-warrantable condo without fidelity bond coverage on master policy. |  |  |  | Reviewer Comment (XXXX): Fidelity bond coverage provided.<br>Seller Comment (XXXX): (Rate Lock) doc provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119383 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | No evidence that the borrower received a copy of the appraisal 3 business days prior to closing. |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02): (Rate Lock) lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119383 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Missing Insurance Verification and Statement for XXXX, insurance and tax verification and statement for XXXX, and insurance verification for XXXX. |  |  |  | Reviewer Comment (XXXX): Received insurance verification in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) CD for XXXX HOI provided<br>Reviewer Comment (XXXX): CD for XXXX XXXX was not provided. File is still missing Insurance verification for XXXX, XXXX.<br>Seller Comment (XXXX): (Rate Lock) Signed CDs provided for XXXX; escrows were not waived and HOI included in monthly payment.<br>Reviewer Comment (XXXX): Missing Insurance Verification for XXXX, insurance and tax verification and statement for XXXX, and insurance verification for XXXX.<br>Seller Comment (XXXX): (Rate LockXXXX XXXX REO docs provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119394 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for a Non-Warrantable Condo without Fidelity Bond Coverage on master policy. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years. | DTI: 27.45465% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 752<br>Reserves: 94.93<br> Guideline Requirement: 6.00<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years. | XXXX | Reviewer Comment (XXXX-29): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-29): (Rate Lock) Please clear - exception was approved |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119394 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) | No evidence of borrower's receipt of appraisal at/or prior to closing was provided in file. |  |  |  | Reviewer Comment (XXXX-29): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-29): (Rate Lock) EV2 ACCEPT PLEASE WAIVE |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119474 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX Account Statements - Business | File is missing statements for the months of XXXX and XXXX for business account ending XXXX. |  |  |  | Reviewer Comment (XXXX): Business bank statements provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119474 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided |  | File is missing statements for the months of XXXX and XXXX for business account ending XXXX. |  |  |  | Reviewer Comment (XXXX): Business bank statements provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119474 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Appraisal receipt was not provided to the borrower for the valuation dated XXXX. |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119474 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation discrepancy due to missing bank statements for the months of XXXX and XXXX for business account XXXX. |  |  |  | Reviewer Comment (XXXX): Business bank statements provided. | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119474 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to missing bank statements for the months of XXXX and XXXX for business account XXXX. |  |  |  | Reviewer Comment (XXXX): Business bank statements provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119474 | XXXX | XXXX | XXXX | XXXX | 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 XXXX, prior to three (3) business days from transaction date of XXXX. | Loan disbursed on XXXX, prior to three (3) business days from transaction date of XXXX. |  |  |  | Reviewer Comment (XXXX): Post Closing Disclosure provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119474 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to missing bank statements for the months of XXXX and XXXX for business account XXXX. |  |  |  | Reviewer Comment (XXXX): Business bank statements provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119474 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | File is missing statements for the months of XXXX and XXXX for business account XXXX. |  |  |  | Reviewer Comment (XXXX): Business bank statements provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | XXXX | XXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) Lender accepts Ev2 |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower has 2x30x12 and max allowable is 1x30x12. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 13.XXXX<br> Guideline Requirement: 6.00<br>Combined Loan to Value: 63.73962%<br> Guideline Maximum Combined Loan to Value: 80.00000%<br>Loan to Value: 63.73962%<br> Guideline Maximum Loan to Value: 80.00000%<br>DTI: 20.12743% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 799 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) Lender accepts Ev2 |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Secondary/XXXX) |  |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) Lender accepts Ev2 |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Client:XXXX/XXXX) |  |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) Lender accepts Ev2 |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119470 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XXXX XXXX, Borrower: XXXX | Borrowers are First Time Home Buyers; guidelines do not allow. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Loan to Value: 60.36036%<br> Guideline Maximum Loan to Value: 80.00000%<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX): (Rate Lock) Exception with additional CFs provided<br>Reviewer Comment (XXXX-28): Please provide additional Comp Factors. There are 3 significant exceptions being made and LTV is the only CF provided. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119470 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for borrowers living rent free, live with parents in XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 11.33<br> Guideline Requirement: 9.00<br>Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Loan to Value: 60.36036%<br> Guideline Maximum Loan to Value: 80.00000%<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX): (Rate Lock) there are 3 CFs for 2 exceptions, please clear<br>Reviewer Comment (XXXX): One exception waived and downgraded on the file. Only 2 compensating factors provided, please provide additional compensating factors.<br>Seller Comment (XXXX): (Rate Lock) Exception with additional CFs provided<br>Reviewer Comment (XXXX-28): Please provide additional Comp Factors. There are 3 significant exceptions being made and LTV is the only CF provided. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119409 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.75 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR score of .75 is below 1.0 required. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower's Own Funds Percent: 43.29%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 680<br> Representative FICO: 723<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | XXXX | Reviewer Comment (XXXX-02): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119459 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower is C14 EAD status which is ineligible. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower's Own Funds Percent: 24.44%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 764 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119459 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | LTV of 80% exceeds guideline max of 75%; 80% max for living rent free & rural property, and 5% reduction for a property in a declining market. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower's Own Funds Percent: 24.44%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 764 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119459 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. | CLTV of 80% exceeds guideline max of 75%; 80% max for living rent free & rural property, and 5% reduction for a property in a declining market. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower's Own Funds Percent: 24.44%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 764 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119351 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Mortgage Broker Fee was last disclosed as XXXX on Loan Estimate but disclosed as XXXX on Final Closing Disclosure. File does not contain a valid Changed Circumstance for this fee, no evidence of cure in file. |  |  |  | Reviewer Comment (XXXX): XXXX received LOE and COC dated XXXX | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119351 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower has 11 NSF's and 23 OD's in the previous 12 months. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 12.79<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 21.16%<br> Borrower's Own Funds Amount: XXXX<br>DTI: 15.85056% <br> Guideline Maximum DTI: 45.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 763 | XXXX | Reviewer Comment (XXXX-30): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119366 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 70.00000%. | For rural property purchase, the max LTV is 70%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Reserves: 11.35<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 21.62%<br> Borrower's Own Funds Amount: XXXX<br>The DSCR of 1.30 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-30): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-29): (Rate Lock) Exception was approved for this |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119366 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | For rural property purchase, the max LTV is 70%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Reserves: 11.35<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 21.62%<br> Borrower's Own Funds Amount: XXXX<br>The DSCR of 1.30 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-30): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-29): (Rate Lock) Exception was approved for this |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119551 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The insurance covers the roof at actual cash value rather than full replacement cost and we are unable to obtain full replacement cost insurance for the roof given it is XXXX years old. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Guidelines Representative FICO: 660<br> Representative FICO: 767<br>The DSCR of 1.30 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-29): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-28): (Rate Lock) Please see uploaded exception approval form. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119539 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The insurance covers the roof at actual cash value rather than full replacement cost and we are unable to obtain full replacement cost insurance for the roof given it is XXXX years old. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Guidelines Representative FICO: 660<br> Representative FICO: 767<br>The DSCR of 1.35 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-29): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-28): (Rate Lock) Please see uploaded exception approval form. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119457 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119457 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower did not own at least 1 commercial or residential investment property for at least 12 months. (Owned subject but was primary turned investment a few months ago.) Tenant was temporary and now currently vacant. | Borrower has owned the subject property for at least 5 years.<br>Miscellaneous | Borrower has owned the subject property for at least 5 years.<br>Total mortgage history (including prior 2 mortgages) for subject is 0 x 30 for 64 months. | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119457 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | The final HUD provided is not fully executed by the borrower. |  |  |  | Reviewer Comment (XXXX): Fully executed final HUD provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119448 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119311 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation discrepancy due to DTI of 48.45% exceeding maximum allowed of 45% for LTV >80%. |  |  |  | Reviewer Comment (XXXX): System cleared after Lender Exception with Compensating Factors provided. | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119311 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 48.45985% moderately exceeds the guideline maximum of 45.00%. (DTI Exception is eligible to be regraded with compensating factors.) | Waterfall due to DTI of 48.45% exceeding maximum allowed of 45% for LTV >80%. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119311 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 48.45985% exceeds Guideline total debt ratio of 45.00000%. | DTI of 48.45% exceeds maximum allowed of 45% for LTV >80%. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119311 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | 1099 transcripts for XXXX not provided. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119311 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 90.00000% exceeds Guideline loan to value percentage of 80.00000%. | Maximum LTV is 80% with 660 FICO | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119311 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 90.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | Maximum LTV is 80% with 660 FICO | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119311 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to DTI of 48.45% exceeding maximum allowed of 45% for LTV >80%. |  |  |  | Reviewer Comment (XXXX): System cleared after Lender Exception with Compensating Factors provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119267 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. (Final/XXXX) | Final closing disclosure did not disclose a reason for not having escrow account. |  |  |  | Reviewer Comment (XXXX): XXXX received Letter of Explanation & Corrected Closing Disclosure.<br>Reviewer Comment (XXXX-30): XXXX received PCCD and LOE but PCCD provided is still missing box for "You Declined It" to check. Please provide the corrected PCCD.<br>Seller Comment (XXXX-29): (Rate Lock) PCCD provided |  | XXXX |  | 2 C B | XXXX | XXXX | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Revised Loan Estimate Issue and Received Date > Closing Disclosure Issue and Received Date | TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (The Revised Loan Estimate was received on or after the Closing Disclosure.) (Interim/XXXX) | Loan Estimate provided after Closing Disclosure. |  |  |  | Reviewer Comment (XXXX): XXXX received attestation suffice | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Revised Loan Estimate Issue and Received Date > Closing Disclosure Issue and Received Date | TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (The Revised Loan Estimate was received on or after the Closing Disclosure.) (Interim/XXXX) | Loan Estimate provided after Closing Disclosure. |  |  |  | Reviewer Comment (XXXX): XXXX received attestation suffice | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Revised Loan Estimate Issue and Received Date > Closing Disclosure Issue and Received Date | TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (The Revised Loan Estimate was received on or after the Closing Disclosure.) (Interim/XXXX) | Loan Estimate provided after Closing Disclosure. |  |  |  | Reviewer Comment (XXXX): XXXX received attestation suffice | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Revised Loan Estimate Issue and Received Date > Closing Disclosure Issue and Received Date | TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (The Revised Loan Estimate was received on or after the Closing Disclosure.) (Interim/XXXX) | Loan Estimate provided after Closing Disclosure. |  |  |  | Reviewer Comment (XXXX): XXXX received attestation suffice | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Revised Loan Estimate Issue and Received Date > Closing Disclosure Issue and Received Date | TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (The Revised Loan Estimate was received on or after the Closing Disclosure.) (Interim/XXXX) | Loan Estimate provided after Closing Disclosure. |  |  |  | Reviewer Comment (XXXX): XXXX received attestation suffice | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Revised Loan Estimate Issue and Received Date > Closing Disclosure Issue and Received Date | TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (The Revised Loan Estimate was received on or after the Closing Disclosure.) (Interim/XXXX) | Loan Estimate provided after Closing Disclosure. |  |  |  | Reviewer Comment (XXXX): XXXX received attestation suffice | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Revised Loan Estimate Issue Date > Closing Disclosure Issue Date | TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (Initial/XXXX) | Loan Estimate provided after Closing Disclosure. |  |  |  | Reviewer Comment (XXXX): XXXX received attestation suffice | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined cure C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Income calculation used 100% ownership for the 12-month average and deducted ex-spouse monthly pay of XXXX when borrower acquired 100% ownership as of XXXX. Prior to this, the borrower had 51% and his now ex-wife had 40% ownership and transferred her shares to him in XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX): (Rate Lock) Exception approved for this, please review |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX without a valid change of circumstance. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX): XXXX received valid COC document<br>Seller Comment (XXXX): (Rate Lock) Credit report had expired so new credit was needed | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119501 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Valid COC for the fee increase was not provided or a sufficient cure provided. |  |  |  | Reviewer Comment (XXXX-13): XXXX received rebuttal comment and rate lock for pricing change and as per exception letter dated XXXX<br>Seller Comment (XXXX): (Rate Lock) Lock confirmation confirms "XXXX XXXX XXXX 03:59 PM >> E35 Approved Additional -.375 UW Exception - Final Price 98.583"<br>Reviewer Comment (XXXX): Change of circumstance provided is not a valid reason for the fee increase.<br>Seller Comment (XXXX): (Rate Lock) CIC docs provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119501 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower has XXXX overdrafts in the previous 12 months. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | DTI: XXXX.55752% <br> Guideline Maximum DTI: 45.00000%<br>Reserves: 10.27<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119501 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 90.00000% exceeds Guideline loan to value percentage of 85.00000%. | LTV of 90% exceeds guideline max of 85% for a property in a declining market. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119501 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 90.00000% exceeds Guideline combined loan to value percentage of 85.00000%. | LTV of 90% exceeds guideline max of 85% for a property in a declining market. | Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least XXXX. | Borrower has worked in the same position for more than 3 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | State Compliance | Misc. State Level | XXXX Consumer Sales Practices Act (No Documentation of Tangible Net Benefit Analysis) | XXXX Consumer Sales Practices Act: Mortgage loan file does not contain documentation of the analysis of the borrower's reasonable tangible net benefit. | Mortgage loan file does not contain documentation of the analysis of the borrower's reasonable tangible net benefit. |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119200 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to use current completed appraisal dated XXXX and the 1004D dated XXXX. | Borrower has owned the subject property for at least 5 years.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Loan to Value: 52.63158%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 707 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX): (Rate Lock) Exception was approved please clear |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119533 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraisal utilizes Comp Sale 3 with a 35.2% gross adj and Comp Sale 4 with a -23.5% net / 35.6% gross adjustments. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects. | Reserves: 30.44<br> Guideline Requirement: 9.00<br>Borrower has completed 17 projects. | XXXX | Reviewer Comment (XXXX-28): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119574 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of XXXX is less than Guideline minimum loan amount of XXXX. | Loan amount is below guidelines minimum loan amount of XXXX. Per lender exception, this is an assignment from a wholesaler to our borrower under a single-close transaction; therefore, the original purchase price between the wholesaler and the original seller was used. This results in a loan amount being below the XXXX minimum. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Guidelines Representative FICO: 660<br> Representative FICO: 769<br>The DSCR of 1.49 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119458 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of XXXX is less than Guideline minimum loan amount of XXXX. | Loan amount of XXXX is less than guideline minimum of XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 320.82<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 808 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119484 | XXXX | XXXX | XXXX | XXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  |  |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) Lender accepts ev2 |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119484 | XXXX | XXXX | XXXX | XXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  | The Preliminary title policy amount not provided |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) Lender accepts ev2 |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119484 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | All funds for closing are coming from a relative. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 7.79%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 700<br> Representative FICO: 771 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119534 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Missing fully executed final HUD. HUD provided was not signed by both guarantors. |  |  |  | Reviewer Comment (XXXX): Received signed closing statement in trailing docs.<br>Seller Comment (XXXX-02): (Rate Lock) Please see uploaded HUD.<br>Reviewer Comment (XXXX-02): Closing statement in file was not signed by either guarantor. Please provide a signed HUD/Closing statement.<br>Seller Comment (XXXX-29): (Rate Lock) Please see uplaoded entity certificate - members are allowed to sign loan documents individually., so the HUD does not need to be signed by both guarantors. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119545 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 1.23 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.25. | This is a refinance of a log cabin property being used as a short-term rental utilizing 1007 Market Rent for UW income resulting in a DSCR less than 1.25x. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects. | Reserves: 40.33<br> Guideline Requirement: 9.00<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects. | XXXX | Reviewer Comment (XXXX-29): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119545 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  | The borrowing entity has 2 members. The Operating Agreement requires both Members to bind. Loan file missing non-Guarantor's consent/Corporate Resolution. |  |  |  | Reviewer Comment (XXXX-02): Amended operating agreement provided showing guarantor as 100% owner of borrowing entity.<br>Seller Comment (XXXX-29): (Rate Lock) Please see uploaded amendment to the operating agreement. The second member of the entity was removed, the guarantor is the sole owner of the entity. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119499 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 90.00000% exceeds Guideline loan to value percentage of 80.00000%. | Lender approved exception for LTV of 90% which exceeds guideline max of 80% for a borrower living rent free. Borrower does not have housing expense and lives rent free. Coborrower (non-occupying coborrower) is providing all income and has a housing payment. Transaction is a primary home for borrower with coborrower non-occupying. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Reserves: 17.46<br> Guideline Requirement: 6.00<br>DTI: 27.76799% <br> Guideline Maximum DTI: 43.00000% | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119499 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 90.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | Lender approved exception for LTV of 90% which exceeds guideline max of 80% for a borrower living rent free. Borrower does not have housing expense and lives rent free. Coborrower (non-occupying coborrower) is providing all income and has a housing payment. Transaction is a primary home for borrower with coborrower non-occupying. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Reserves: 17.46<br> Guideline Requirement: 6.00<br>DTI: 27.76799% <br> Guideline Maximum DTI: 43.00000% | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119437 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lack of 12 months rental payments that can validate. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 31.09933% <br> Guideline Maximum DTI: 43.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 761 | XXXX | Reviewer Comment (XXXX-02): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119437 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 90.00000% exceeds Guideline loan to value percentage of 80.00000%. | LTV of 90% exceeds guideline max of 80% for a borrower that does not have a verifiable 12 month housing history. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 31.09933% <br> Guideline Maximum DTI: 43.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 761 | XXXX | Reviewer Comment (XXXX-02): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119437 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 90.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | LTV of 90% exceeds guideline max of 80% for a borrower that does not have a verifiable 12 month housing history. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 31.09933% <br> Guideline Maximum DTI: 43.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 761 | XXXX | Reviewer Comment (XXXX-02): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119541 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Property purchased in XXXX; currently 100% occupied with long term tenants. Finished area is not occupied. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 703 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119477 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Four-unit condo all owned by one borrower. Single entity ownership >50%. TLS will not finance more than 25% of the units in any one project. All being refinanced simultaneously #XXXX | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 48.69<br> Guideline Requirement: 6.00<br>Loan to Value: 50.00000%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 775 | XXXX | Reviewer Comment (XXXX-13): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-13): (Rate Lock) It appears that is requirements for non-warrantable, this is not. It would only be required if 5-20 units or 21+<br>No single entity owns: o 2 units (5-20 units) o 20% units (21+ units) |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) EV2 accept please waive |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | 1099 transcripts not in file as they were unable to be pulled from the IRS website. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 1yr Full Doc<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 23.59%<br> Borrower's Own Funds Amount: XXXX<br>DTI: 15.66053% <br> Guideline Maximum DTI: 43.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 797 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000%. | LTV of 85% exceeds guideline max of 80% for a borrower living rent free. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 1yr Full Doc<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 23.59%<br> Borrower's Own Funds Amount: XXXX<br>DTI: 15.66053% <br> Guideline Maximum DTI: 43.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 797 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 85.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | LTV of 85% exceeds guideline max of 80% for a borrower living rent free. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 1yr Full Doc<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 23.59%<br> Borrower's Own Funds Amount: XXXX<br>DTI: 15.66053% <br> Guideline Maximum DTI: 43.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 797 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower is living rent free and subject property is an investment property. Guidelines allow for only primary and second home purchases for borrower who live rent free. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 1yr Full Doc<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 23.59%<br> Borrower's Own Funds Amount: XXXX<br>DTI: 15.66053% <br> Guideline Maximum DTI: 43.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 797 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119213 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | Title insurance policy is XXXX and loan amount is XXXX. |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) LEnder accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119219 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender requested exception for tax exemption 421a 25-year exemption that runs with the property and will continue. |  |  |  | Reviewer Comment (XXXX): Exception not needed.<br>Seller Comment (XXXX): (Rate Lock) please clear no exception is needed for this | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119498 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject is a multi-dwelling units condo and is appraised on a 1025. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 783 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | Provide a copy of the final title policy or an addendum to the report verifying title insurance of at least the loan amount. |  |  |  | Reviewer Comment (XXXX): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. |  |  |  | Reviewer Comment (XXXX): Received initial CD in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) Signed ICD provided | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Use of County child support screens with credit report in lieu of the child support order for validation of the liability. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 28.59<br> Guideline Requirement: 6.00<br>DTI: 40.11769% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (XXXX-02): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Unit 2 is XXXX sq ft and the minimum is 500 sq ft. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 28.59<br> Guideline Requirement: 6.00<br>DTI: 40.11769% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (XXXX-02): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119497 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Multi-dwelling Units condo project appraised on 1025. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 18.31<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 783 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119497 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.97 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.97 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 18.31<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 783 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119505 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The property includes an unpermitted garage conversion that is included in the GLA. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 26.13<br> Guideline Requirement: 9.00

# of Properties Completed: 22<br>Debt Service Coverage Ratio: 3.38<br> Guideline Requirement: 1.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 790 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119505 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject transaction is a refinance of a short-term rental utilizing TTM operating history. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 26.13<br> Guideline Requirement: 9.00

# of Properties Completed: 22<br>Debt Service Coverage Ratio: 3.38<br> Guideline Requirement: 1.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 790 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119250 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Executed Closing statement of HUD is missing in the file. |  |  |  | Reviewer Comment (XXXX): Received Closing statement in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) Doc provided | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119250 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Spousal Consent Form not provided |  |  |  |  |  | Reviewer Comment (XXXX): Received final title showing vesting in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) Title provided<br>Reviewer Comment (XXXX): Please provide final title showing the vesting of the property.<br>Seller Comment (XXXX): (Rate Lock) Property is separate property of the spouse, no signatures are required | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119250 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | XXXX match is not a direct hit. Provide follow up information. |  |  |  | Reviewer Comment (XXXX): Received proof of cleared red flags on fraud report.<br>Seller Comment (XXXX): (Rate Lock) The seller on title is XXXX XXXX XXXXson.? Watchlist hit has XXXX XXXX XXXXson.? Those are different names and enough to determine they are different people<br>Reviewer Comment (XXXX): Please provide evidence of the diligence or a lender exception to clear this.<br>Seller Comment (XXXX): (Rate Lock) Nothing further should be needed, as we did diligence to confirm the fraud alerts were not valid. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119216 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Missing Certificate of Good Standing for borrowing entity. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 91.62<br> Guideline Requirement: 6.00<br>Combined Loan to Value: 42.73504%<br> Guideline Maximum Combined Loan to Value: 75.00000%<br>Debt Service Coverage Ratio: 1.65<br> Guideline Requirement: 1.00<br>Loan to Value: 42.73504%<br> Guideline Maximum Loan to Value: 75.00000% | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX): (Rate Lock) Exception provided please clear.<br>Reviewer Comment (XXXX): Certificate of Good Standing provided is dated post close, XXXX.<br>Seller Comment (XXXX): (Rate Lock) exception and dated cogs provided<br>Reviewer Comment (XXXX): Document provided is not dated. Please provide proof of the date the business entity information was verified.<br>Seller Comment (XXXX): (Rate Lock) COGs provided |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119231 | XXXX | XXXX | XXXX | XXXX | 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: 7 | Note Date: XXXX; Lien Position: 1 | Secondary valuation provided shows value as indeterminate. |  |  |  | Reviewer Comment (XXXX-13): Received secondary valuation in trailing docs.<br>Seller Comment (XXXX-13): (Rate Lock) Desk review provided<br>Reviewer Comment (XXXX): Secondary valuation provided shows value as indeterminate. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119231 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject is a rural property. |  |  |  | Reviewer Comment (XXXX): Rural properties allowed.<br>Seller Comment (XXXX): (Rate Lock) We allow rural, please advise what is needed | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119231 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide evidence the business has been operational for 2 years and the borrower has been self employed for 2 years. |  |  |  | Reviewer Comment (XXXX-13): Received VVOE for borrower's past employment in trailing docs.<br>Seller Comment (XXXX-13): (Rate Lock) Dates would have remained the same, and the current VOE was done prior to close. This condition does not appear to be an ATR and a prior VOE should be acceptable as it is confirming a guideline requirement of 4+ years in industry.<br>Reviewer Comment (XXXX-13): Verification of past employment is dated pre-close. Per ATR requirements, employment verification should be done prior to closing.<br>Seller Comment (XXXX-13): (Rate Lock) VOE provided confirming borrower has been in same line of work for 4+ years | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119231 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | Unable to determine if the borrower signed a valuation receipt acknowledgment due to missing information. (Type:Additional/XXXX) |  |  |  |  | Reviewer Comment (XXXX-13): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-13): (Rate Lock) Lender accepts EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119478 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. |  |  |  | Reviewer Comment (XXXX): Received proof of appraisal delivery in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) proof appraisal was delivered at least 3 business days prior | XXXX |  |  | 1 B A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119478 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.33647% or Final Disclosure APR of 9.34200% is equal to or greater than the threshold of APOR 6.06% + 1.5%, or 7.56000%. Non-Compliant Higher Priced Mortgage Loan. | Compliant Higher Priced Loan |  |  |  | Reviewer Comment (XXXX): Received proof of appraisal delivery in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) proof appraisal was delivered at least 3 business days prior | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119478 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Compliant Higher Priced Loan |  |  |  | Reviewer Comment (XXXX): Received proof of appraisal delivery in trailing docs.<br>Seller Comment (XXXX): (Rate Lock) proof appraisal was delivered at least 3 business days prior | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119478 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.74 is less than Guideline PITIA months reserves of 6.00. | Calculated PITIA months reserves of 5.74 is less than Guideline PITIA months reserves of 6.00. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 11.41%<br> Borrower's Own Funds Amount: XXXX<br>DTI: 23.18491% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (XXXX-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119478 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan discrepancy due to insufficient reserves. |  |  |  | Reviewer Comment (XXXX-13): System cleared after Lender Exception with Compensating Factors provided. | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119478 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall exception due to insufficient reserves. |  |  |  | Reviewer Comment (XXXX-13): System cleared after Lender Exception with Compensating Factors provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119478 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 90.00000% exceeds Guideline loan to value percentage of 80.00000%. | Max LTV allowed for non-arms transaction is 80%; however, the loan closed at 90% LTV | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 11.41%<br> Borrower's Own Funds Amount: XXXX<br>DTI: 23.18491% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119478 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 90.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | Max LTV allowed for non-arms transaction is 80%; however, the loan closed at 90% LTV | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 11.41%<br> Borrower's Own Funds Amount: XXXX<br>DTI: 23.18491% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119503 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Guidelines Representative FICO: 660<br> Representative FICO: 756<br>The DSCR of 1.39 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119503 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Guidelines Representative FICO: 660<br> Representative FICO: 756<br>The DSCR of 1.39 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119504 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.77 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.77 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) of 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 740<br> Representative FICO: 792 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119504 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 64.03509% exceeds Guideline loan to value percentage of 60.00000%. | LTV above max for declining market of 60%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 740<br> Representative FICO: 792 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119504 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 64.03509% exceeds Guideline combined loan to value percentage of 60.00000%. | CLTV above max for declining market of 60%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 740<br> Representative FICO: 792 | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119196 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Interim Closing Disclosure Timing Regular APR Change | TILA-RESPA Integrated Disclosure – Corrected Closing Disclosure issued on XXXX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation. | Two closing disclosures were provided on XXXX without any loan calculations and APR in page 5 which triggered the 3-day waiting period for change in APR by more than 0.125%. |  |  |  | Reviewer Comment (XXXX-13): XXXX received LOA to remove document(s) XXXX estimated to be provided on XXXX with 0% APR on page 5, from testing as not provided to the borrower.<br>Buyer Comment (XXXX): CDs were used for title balancing purposes. CDs not included in tracking, they should have not made it to SXXXX.<br>Reviewer Comment (XXXX): Documents in file such as documents XXXX show blank APR on page 5. If this was a clerical error, please provide LOE for review.<br>Seller Comment (XXXX): Please find the atatched disclosure tracking details. A COC/CD was issued as the ICD on XXXX. A COC/CD was also issued with the closing documents. Loan passed XXXX compliance with valid changes.<br>Buyer Comment (XXXX): Please find the atatched disclosure tracking details. A COC/CD was issued as the ICD on XXXX. A COC/CD was also issued with the closing documents. Loan passed XXXX compliance with valid changes. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No Defined Cure A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119441 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.79 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR is less than the guideline minimum of 1.00. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by XX points. | Loan to Value: 44.28571%<br> Guideline Maximum Loan to Value: 60.00000%<br>The representative FICO score exceeds the guideline minimum by 23 points. | XXXX | Reviewer Comment (XXXX): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119372 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX XXXX Drive, XXXX XXXX,XXXX Statement | File is missing documentation to evidence the PITI for the XXXX Dr property. |  |  |  | Reviewer Comment (XXXX-13): New loan CD provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119372 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | File is missing documentation to evidence the PITI for the XXXX Dr property. |  |  |  | Reviewer Comment (XXXX-13): New loan CD provided. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Lender Exception(s) not provided |  | LENDER EXCEPTION is provided due to Borrower having 1 tradeline with XXXX months. Guidelines require 2 tradelines with 24 months with activity in the most recent 12 months. Another account XXXX has XXXX mon history but closed XXXX months ago, short by 1 month. Another open account for XXXX XXXX months (XXXX months short) closed just XXXX months ago was a auto loan replaced with a new auto loan with XXXX - XXXX months history - combined net XXXX months. XXXX account with XXXX months and XXXX with XXXX months. XXXX Account open for XXXX months closed XXXX years ago. Review for acceptability and downgrade consideration. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. |  | XXXX | Reviewer Comment (XXXX-24): Investor exception provided.<br>Buyer Comment (XXXX-22): Investor Exception |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Exempt from ATR | No |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. (0) | 10% tolerance was exceeded by XXXX due to increase of XXXX: Recording fee No valid COC provided, XXXX evidence of cure in file. COC in file does not reflect a date of change so it was not used. |  |  |  | Reviewer Comment (XXXX-05): XXXX received Letter of explanation and Corrected Closing disclosure.<br>Buyer Comment (XXXX-04): PCCD and LOE<br>Reviewer Comment (XXXX-28): XXXX Title - E Recording fee were disclosed in Section B which are tested at 10% tolerance. Provider listed on SSPL is First XXXX Title. Fees on CD were paid to Fidelity National Title. Appears borrower shopped for title fees. Corrected CD moving the title fees to Section C and LOE to borrower required to cure.<br>Buyer Comment (XXXX-27): COCs and initial CD uploaded. Comment from Lender: here is the pre cd, the 2nd pre cd with the COC and then the 3rd pre cd with the COC for that one. And we closed using the fees from the 3rd pre cd<br>Reviewer Comment (XXXX-22): The XXXX CD does appear to show the Title - Recording service fee disclosed in the wrong section. Redisclosing it in section C would correct the issue using the Final CD for Fees testing. The vendor is not on the SSPL and the payee is the shopped vendor with all other vendor fees posted in section C which will address the 10% exception. The LDP exception requires a cure with PCCD, LOE, copy of refund check and proof of mailing.<br>Buyer Comment (XXXX-22): Please re-evaluate. The Title- E Recording fee is a shoppable title service disclosed in section B. If that fee was moved to section C on a corrected PCCD with LOE will that be adequate to cure? | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Exempt from ATR | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Missing COC. |  |  |  | Reviewer Comment (XXXX-28): XXXX Received Valid COC dated XXXX along with CD.<br>Buyer Comment (XXXX-27): COCs and initial CD uploaded. Comment from Lender: here is the pre cd, the 2nd pre cd with the COC and then the 3rd pre cd with the COC for that one. And we closed using the fees from the 3rd pre cd | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Exempt from ATR | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Document Error: Bank statement financial institution not provided. |  | Business Bank statement and Articles of organization reflects name as "XXXX LLC" however in all documents business name is "XXXX LLC", provide LOX confirming same entity. |  |  |  | Reviewer Comment (XXXX): Received LOE from borrower regarding business name discrepancy. Exception cleared.<br>Buyer Comment (XXXX): LOE<br>Reviewer Comment (XXXX-22): A CPA lox or borrower LOX for type should suffice.<br>Buyer Comment (XXXX-22): Per Lender: This is a typo and they cannot provide any additional information<br>Reviewer Comment (XXXX-05): As per CPA letter D0326 and Business Invoice D0324 confirms that business name is XXXX LLC however in Bank statement and Articles of Organization reflects business name XXXX LLC. Required updated CPA letter to confirm the business name and why there is difference name as "XXXX" in Bank statement and Articles of Organization. Exception remains<br>Buyer Comment (XXXX-03): CPA Letter | XXXX |  |  | 1 B A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Exempt from ATR | No |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.61 is less than Guideline PITIA months reserves of 6.00. | Calculated PITIA months reserves of 5.63 is less than Guideline PITIA months reserves of 6.00, required sufficient assets to meet the requirement. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. |  | XXXX | Reviewer Comment (XXXX): Investor exception provided.<br>Buyer Comment (XXXX): Investor Approved Exception<br>Reviewer Comment (XXXX-05): Provided business bank statement is in negative. Received payment receipt for HOI payment for XXXX and statement from XXXX bank for Appraisal fee XXXX for the POCB. However provide supporting asset statement to confirm the Appraisal fees paid by the borrower from borrower's account. Exception Remains.<br>Buyer Comment (XXXX-03): Assets<br>Reviewer Comment (XXXX-07): Noted. Received payment receipt for HOI payment for XXXX and statement from XXXX bank for Appraisal fee XXXX for the POCB. However provide supporting asset statement to confirm the Appraisal fees paid by the borrower from borrower's account. Exception Remains.<br>Buyer Comment (XXXX-05): Receipts<br>Reviewer Comment (XXXX-28): All the Assets available for closing and reserves tested. Appraisal fee POCB XXXX and HOI POCB XXXX7 are paid out side of closing require supporting asset statement that POCB amount paid from borrower funds to use that funds for reserves. exception remains.<br>Buyer Comment (XXXX-27): LOE |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Exempt from ATR | No |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | CDFI loan subject to additional review. |  |  |  | Buyer Comment (XXXX-22): Acknowledged non material |  |  | XXXX | 2 A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Exempt from ATR | No |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX): Investor exception provided.<br>Buyer Comment (XXXX): Exception uploaded<br>Reviewer Comment (XXXX-05): Provided business bank statement is in negative. Received payment receipt for HOI payment for XXXX and statement from XXXX bank for Appraisal fee XXXX for the POCB. However provide supporting asset statement to confirm the Appraisal fees paid by the borrower from borrower's account. Exception Remains.<br>Buyer Comment (XXXX-03): Documents uploaded to asset exceptions<br>Reviewer Comment (XXXX-07): Noted. Received payment receipt for HOI payment for XXXX and statement from XXXX bank for Appraisal fee XXXX for the POCB. However provide supporting asset statement to confirm the Appraisal fees paid by the borrower from borrower's account. Exception Remains.<br>Buyer Comment (XXXX-05): Please see Guideline Requirement: PITIA reserves months discrepancy exception for receipts | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Exempt from ATR | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to insufficient asset documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX): Investor exception provided.<br>Buyer Comment (XXXX): Exception uploaded<br>Reviewer Comment (XXXX-05): Provided business bank statement is in negative. Received payment receipt for HOI payment for XXXX and statement from XXXX bank for Appraisal fee XXXX for the POCB. However provide supporting asset statement to confirm the Appraisal fees paid by the borrower from borrower's account. Exception Remains.<br>Buyer Comment (XXXX-03): Documents uploaded to asset exceptions<br>Reviewer Comment (XXXX-07): Noted. Received payment receipt for HOI payment for XXXX and statement from XXXX bank for Appraisal fee XXXX for the POCB. However provide supporting asset statement to confirm the Appraisal fees paid by the borrower from borrower's account. Exception Remains.<br>Buyer Comment (XXXX-05): Please see Guideline Requirement: PITIA reserves months discrepancy exception for receipts | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Exempt from ATR | No |
| XXXX | XXXX | XXXX | XXXX | 4350119178 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Party Verification | One of the following document is required in file for both business income streams. <br>o Evidence of current work (executed contracts or signed invoices)<br> o Evidence of current business receipts<br> o Business website demonstrating activity supporting current business operations.<br>Compliance related |  |  |  | Reviewer Comment (XXXX-13): Received recent bank statement ending XXXX as Evidence of current business receipts (deposit in bank statement). Exception cleared.<br>Buyer Comment (XXXX-13): Bank statement confirming business activity<br>Reviewer Comment (XXXX): Noted. Provide Verification that the business (XXXX) with one of the following:<br> Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts<br> • Business website demonstrating activity supporting current business operations.<br> Exception remains.<br>Buyer Comment (XXXX): Seller question- What else can we provide? Can we provide a lender cert verifying business operations? We can call and confirm business is open and running?<br>Reviewer Comment (XXXX-11): Invoices for XXXX LLC provided. Need also for other business. XXXX.<br>Buyer Comment (XXXX-11): Bank statement showing deposits<br>Buyer Comment (XXXX-11): Paid invoices | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119178 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Lender Exception(s) not provided |  | Lender exception is provided for having XXXX NSF's in 12 months. Review for acceptance and downgrade consideration. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years. | 12 vs 6 | XXXX | Reviewer Comment (XXXX-11): Investor accepts and agrees to waive with compensating factors.<br>Buyer Comment (XXXX-07): Approved exception |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119178 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-13): Received recent bank statement ending XXXX as Evidence of current business receipts (deposit in bank statement). Exception cleared.<br>Buyer Comment (XXXX-13): See uploaded bank statement | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119178 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-13): Received recent bank statement ending XXXX as Evidence of current business receipts (deposit in bank statement). Exception cleared.<br>Buyer Comment (XXXX-13): See uploaded statement | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119178 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. (0) | Missing a valid Change of Circumstance for the increase in Recording Fees. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-30): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Buyer Comment (XXXX-30): pc cure with label<br>Reviewer Comment (XXXX-18): XXXX received corrected PCCD, LOE and copy of refund check but missing proof of mailing. Proof of mailing required to cure.<br>Buyer Comment (XXXX-17): LOE, PCCD and refund check |  | XXXX |  | 2 C B | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report Date: XXXX, Valuation Type: Desk Review / Valuation Report Date: XXXX | As per note document the subject property address is "XXXX Lane XXXX", however as per "CDA" and appraisal 1004 address is reflecting as "XXXX. Per D0338, the report will not be changed. Legal Description reflects XXXX. Please review for acceptability and downgrade consideration. |  |  |  | Reviewer Comment (XXXX): Received letter from title and escrow confirming the property address. Exception cleared.<br>Buyer Comment (XXXX): Letter from attorney stating address is the same<br>Reviewer Comment (XXXX-08): Received same CDA that was earlier provided. Provide appraisal report and CDA reflecting Unit # 80 in the subject property address. Exception remains.<br>Buyer Comment (XXXX-04): CDA has matching legal description including XXXX | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Form 1007 or 1025, with Market Rents | Form 1007 or 1025, with Market Rents or a Lease Agreement is missing for investment XXXX reflecting XXXX / month for rental income. |  |  |  | Reviewer Comment (XXXX-25): Updated 1003 received with no market rent used for DTI. exception cleared.<br>Buyer Comment (XXXX-24): Corrected 1003 and 1008 with correct rent amount | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Verification appraisal was delivered to borrower within 3 days of closing was not provided. Waiver not provided. |  |  |  | Reviewer Comment (XXXX-24): Received Original appraisal delivery evidence, file already have original appraisal. Exception Cleared<br>Buyer Comment (XXXX-23): XXXX delivery attached | XXXX |  |  | 1 B A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - REO 25% Method | Ability to Repay (Dodd-Frank 2014): Unable to verify Real Estate Owned income (25% Method) using reasonably reliable third-party records. (XXXX/25% Vacancy Method) | Form 1007 or 1025, with Market Rents or Lease Agreement for XXXX/month is missing for property XXXX. |  |  |  | Reviewer Comment (XXXX-24): All Open ATR Exception has been cleared. Exception Cleared | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.91493% or Final Disclosure APR of 7.91600% is equal to or greater than the threshold of APOR 6.24% + 1.5%, or 7.74000%. Non-Compliant Higher Priced Mortgage Loan. | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.91493% or Final Disclosure APR of 7.91600% is equal to or greater than the threshold of APOR 6.24% + 1.5%, or 7.74000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (XXXX-24): Received Original appraisal delivery evidence, file already have original appraisal. Exception Cleared<br>Buyer Comment (XXXX-23): Please see uploaded appraisal delivery | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | 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. |  |  |  |  | Buyer Comment (XXXX-24): Acknowledged non material EV2<br>Buyer Comment (XXXX-23): Please see uploaded appraisal delivery |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Verification appraisal was delivered to borrower was not provided. |  |  |  | Reviewer Comment (XXXX-24): Received Original appraisal delivery evidence, file already have original appraisal. Exception Cleared<br>Buyer Comment (XXXX-23): Please see uploaded appraisal delivery | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-24): All Open ATR Exception has been cleared. Exception Cleared | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | ATR failure due to insufficient income documentation (Market Rents or Lease Agreement for REO income). This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-24): All Open ATR Exception has been cleared. Exception Cleared | XXXX |  |  | 1 A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119182 | XXXX | XXXX | XXXX | XXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | Disclosure: E-Sign Consent Agreement |  |  |  |  | Reviewer Comment (XXXX-22): Noted. e-signed consent agreement. exception cleared.<br>Buyer Comment (XXXX-22): consent | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119182 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  |  | Reviewer Comment (XXXX-31): Received corrected 1008. Exception cleared<br>Buyer Comment (XXXX-30): 1008<br>Reviewer Comment (XXXX-30): Received updated 1008 however All other monthly Payments used in Qualification XXXX7.70 which is more than Final 1003. initial it was XXXX2 however updated 1008 noted XXXX which leads DTI variance more than 3%. Exception Remains<br>Buyer Comment (XXXX-29): Updated 1008<br>Reviewer Comment (XXXX-26): Lender using XXXX. P&I whereas Qualifying P&I would be XXXX (Post IO Period) which leads variance in DTI more than 3%. updated 1008 require. Exception Remains<br>Buyer Comment (XXXX-24): see 1008 | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119182 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Loan Underwriting and Transmittal Summary (1008) / XXXX not provided |  | As per 1008 there is additional income XXXXtioned however we don't have any proof for that income hence there is a variance in HTI 28.59225% & DTI 40.33525% vs lender HTI 18.960% & DTI 27.791%. Require corrected 1008 removing additional income information and reflecting corrected HTI & DTI ratios. |  |  |  | Reviewer Comment (XXXX-31): Received corrected 1008. Exception cleared<br>Buyer Comment (XXXX-30): see updated 1008<br>Reviewer Comment (XXXX-30): Received updated 1008 however All other monthly Payments used in Qualification XXXX which is more than Final 1003. initial it was XXXX2 however updated 1008 noted XXXX. which leads DTI variance more than 3%. Exception Remains<br>Buyer Comment (XXXX-29): see updated 1008<br>Reviewer Comment (XXXX-26): Lender using XXXX. P&I whereas Qualifying P&I would be XXXX (Post IO Period) which leads variance in DTI more than 3%. updated 1008 require. Exception Remains<br>Buyer Comment (XXXX-24): per lender: We are not getting to the total payment amount. The credit report shows XXXX was paid on the CD) this leaves total debt of XXXX2 PITI XXXX = XXXX which matches our 1008 attached<br>Buyer Comment (XXXX-24): 1008 | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119182 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. (Final/XXXX) | Page 4 of Closing Disclosure does not reflect is escrows were declined or not offered by Lender. |  |  |  | Reviewer Comment (XXXX-22): XXXX received Letter of Explanation & Corrected Closing Disclosure.<br>Buyer Comment (XXXX-22): PCCD and LOE |  | XXXX |  | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119181 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.16633% or Final Disclosure APR of 8.20000% is equal to or greater than the threshold of APOR 6.26% + 1.5%, or 7.76000%. Non-Compliant Higher Priced Mortgage Loan. | Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (XXXX-13): Noted corrected sale date as XXXX on revised appraisal report that not falls within 90 days of previous sale date and 2nd appraisal report not required. exception cleared<br>Buyer Comment (XXXX-13): Please see uploaded appraisal and comment on flipped appraisal exception<br>Reviewer Comment (XXXX-26): Response: The issue is that the appraisal indicates the contract date was XXXX, which is less than 90 days after the previous sale date of XXXX, so the 10% threshold was used for testing instead of 20%. If the contract date on the appraisal was incorrect, please request a corrected appraisal.<br>If the contract date was in fact XXXX, then the HPML exception for missing second appraisal is valid and unfortunately cannot be remediated post closing<br>Buyer Comment (XXXX-24): See uploaded lender rebuttal<br>Reviewer Comment (XXXX-23): Response: The issue is that the appraisal indicates the contract date was XXXX, which is less than 90 days after the previous sale date of XXXX, so the 10% threshold was used for testing instead of 20%. If the contract date on the appraisal was incorrect, please request a corrected appraisal.<br>If the contract date was in fact XXXX, then the HPML exception for missing second appraisal is valid and unfortunately cannot be remediated post closing<br>Buyer Comment (XXXX-23): Please advise when IC has reviewed.<br>Reviewer Comment (XXXX-22): Under internal compliance review.<br>Buyer Comment (XXXX-22): Please re-review seller has stated the new purchase price was below the 20% threshold. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119181 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Flipped Property - Did Not Obtain 2 Appraisals) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Flipped Property - Creditor did not obtain two (2) written appraisals. | Last sale of the property was within 150 days, and two full appraisals are not available in file. |  |  |  | Reviewer Comment (XXXX-13): Noted corrected sale date as XXXX on revised appraisal report that not falls within 90 days of previous sale date and 2nd appraisal report not required. exception cleared<br>Buyer Comment (XXXX): Please see the attached revised appraisal with contract date of XXXX under the threshold requiring a second appraisal.<br>Reviewer Comment (XXXX-26): Response: The issue is that the appraisal indicates the contract date was XXXX, which is less than 90 days after the previous sale date of XXXX, so the 10% threshold was used for testing instead of 20%. If the contract date on the appraisal was incorrect, please request a corrected appraisal.<br>If the contract date was in fact XXXX, then the HPML exception for missing second appraisal is valid and unfortunately cannot be remediated post closing<br>Buyer Comment (XXXX-23): See Lender rebuttal re: 20% increase attached<br>Reviewer Comment (XXXX-23): Response: The issue is that the appraisal indicates the contract date was XXXX, which is less than 90 days after the previous sale date of XXXX, so the 10% threshold was used for testing instead of 20%. If the contract date on the appraisal was incorrect, please request a corrected appraisal.<br>If the contract date was in fact XXXX, then the HPML exception for missing second appraisal is valid and unfortunately cannot be remediated post closing<br>Buyer Comment (XXXX-22): Please re-review seller has stated the new purchase price was below the 20% threshold. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119181 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Issue: Subject loan is a non-arms length transaction outside of credit guidelines |  | Seller is an employee of XXXX the lender. Borrower is purchasing property back from seller from a property transfer on XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | 36 vs 6 | XXXX | Reviewer Comment (XXXX-04): Investor accepts and agrees to waive with compensating factors.<br>Buyer Comment (XXXX-02): Investor approval |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX or income worksheet | Require updated 1084/UW worksheet with calculation as per 12 months bank statement income as the current UW worksheet reflects bank statement income calculation as per 13 months for both XXXX Account #XXXX and XXXX #XXXX. |  |  |  | Reviewer Comment (XXXX-26): Received Income Worksheet for both business account. Exception Cleared<br>Buyer Comment (XXXX-26): Updated worksheet<br>Buyer Comment (XXXX-26): Updated Worksheet for both accounts<br>Reviewer Comment (XXXX-23): Require correct underwriting income worksheet using 12 months bank statement income instead of 13 months. exception remains.<br>Buyer Comment (XXXX-23): Final Eligibility Cert | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. |  | Title documents not provided. |  |  |  | Reviewer Comment (XXXX-23): Received Final (Short From) Policy. Exception Cleared<br>Buyer Comment (XXXX-22): Final Title Insurance Policy | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Loan Underwriting and Transmittal Summary (1008) / XXXX not provided |  | Require updated 1008 document matching the current income of XXXX and DTI of 41.89564% as the current 1008 document reflects 13 months bank statement income as per lender as XXXX with DTI as 38.404%. Require Final 1003 document as well matching 12 months bank statement income of XXXX as the current final 1003 reflects income as XXXX. |  |  |  | Reviewer Comment (XXXX-29): Updated 1008 and Final 1003 is provided with correct income and DTI ratio. Exception cleared<br>Buyer Comment (XXXX-29): Turner updated 1003<br>Buyer Comment (XXXX-29): Updated 1008, 1003<br>Reviewer Comment (XXXX-26): Noted UW income worksheet with revised income calculation. also require 1008 and 1003 to match the income calculated per lender/underwriter. exception remains.<br>Buyer Comment (XXXX-24): Eligibility cert | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | ECOA Appraisal Disclosure - ECOA Status | ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. | File is missing Right to Receive Copy of Appraisal |  |  |  | Reviewer Comment (XXXX-23): XXXX received initial LE<br>Buyer Comment (XXXX-22): Appraisal disclosure | XXXX |  |  | 1 B A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Good XXXX redisclosure C B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. |  |  |  |  | Reviewer Comment (XXXX-23): Homeownership Counselling Disclosure received. Exception Cleared<br>Buyer Comment (XXXX-22): Homeownership Counseling Organizations Disclosure | XXXX |  |  | 1 B A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TILA-RESPA Integrated Disclosure: application date on or after XXXX, no Loan Estimates in the Loan File | TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to XXXX may be required. | File is missing all Loan Estimate(s). |  |  |  | Reviewer Comment (XXXX-23): XXXX received initial LE<br>Buyer Comment (XXXX-22): LE | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-26): All Open Income/Asset ATR exception has been cleared<br>Buyer Comment (XXXX-26): see uploaded income worksheets and 1008 | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to Insufficient income documentation the updated 1084/UW worksheet document required per Investor Guidelines was not provided causing the loan to waterfall through the ATR Testing. |  |  |  | Reviewer Comment (XXXX-26): All Open Income/Asset ATR exception has been cleared<br>Buyer Comment (XXXX-26): see uploaded income worksheets and 1008 | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Credit | Credit Report Error: Missing source document for credit/housing history. |  | Guidelines requires a 12-month housing history on the subject property, primary residence and all additional financed properties. The housing history requirements for additional financed properties (properties other than the subject property and primary residence) are limited to properties with mortgages reflected on the credit report. All payment histories must reflect 0X30X12 measured from the credit report date. On the credit report date XXXX, the existing mortgage(s) must be current, which means that no more than 45 days may have elapsed since the last paid installment date. Missing VOM for XXXX for XXXX XXXX XXXX #XXXX. DLA XXXX |  |  |  | Reviewer Comment (XXXX-31): Bank statement is provided for XXXX month with updated housing history. Exception Cleared<br>Buyer Comment (XXXX-31): XXXX stmt<br>Reviewer Comment (XXXX-26): Provide complete Bank statement as no XXXX bank statement available to verify the payment. Exception Remains<br>Buyer Comment (XXXX-26): Proof of XXXX payment | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | A valid COC or cure is required. Cure documents consist of PCCD, LOE, proof of mailing and copy of refund check. Also, we are testing XXXX as initial application date.based on intitl 1003 and other documents in the file. |  |  |  | Reviewer Comment (XXXX): PCCD and delivery provided.<br>Buyer Comment (XXXX): Updated PCCD and tracking<br>Reviewer Comment (XXXX): XXXX received Post CD,LOX,Copy of refund check and proof of mailing. XXXX tracking indicates label has been created, but package has not been shipped and also Post CD is not reflecting lender credit of XXXX under section J. Proof of mailing and updated Post CD required to cure.<br>Buyer Comment (XXXX): LOE, PCCD, refund check and delivery<br>Reviewer Comment (XXXX): XXXX received rebuttal comment as per which the lender credit provided at the time of lock is to offset increased Admin fee and tax service fee. However, the total of increased fee is XXXX while the credit was provided is XXXX0. Also, if the credit was provided to offset the fees it should have been updated as cure under section J of the CD. Please provide more information or any confirmation (LOS snip/email/conversation log) to verify the same or cure would be required.<br>Buyer Comment (XXXX): Per Lender: "The reason the additional fees were added is due to the rate lock, which was properly disclosed on the Change of Circumstance (COC). At the time of the rate lock, we were aware of these fees. We disclosed a lender credit on the locked Loan Estimate because, at that time, we did not want to pass those fees on to the borrower. For that reason, the credit was applied and remained as a lender credit on the Closing Disclosure."<br>Reviewer Comment (XXXX): XXXX received initial LE dated XXXX but the fee was added on revised LE dated XXXX. The available COC dated XXXX in file does not provide sufficient information as to what credit terms has been changed that resulted in adding the Tax Service fee and Admin fee. Please provide more information regarding the changes occurred along with the evidence to validate the change or cure would be required.<br>Buyer Comment (XXXX): Please see the "Initial LE" provided by Lender uploaded<br>Reviewer Comment (XXXX-24): Under the official interpretation of the above regulation the following is quoted as an example that would re-affirm the requirement to issue the LE within 3 days of receiving the 6 pieces of borrower information. The file says the initial application date has to be tested as XXXX. All 6 pieces of application data are present.<br>Reviewer Comment (XXXX-24): XXXX received Changed Circumstance dated XXXX, but it does not give sufficient information on why the admin fee was added. In order to determine if the changed circumstance is valid more information is necessary on reason fee added and when lender became aware of the change. A valid COC or cure is required. Cure documents consist of PCCD, LOE, proof of mailing and copy of refund check.<br>Buyer Comment (XXXX-23): Initial Application date rebuttal<br>Buyer Comment (XXXX-23): Value documentation |  | XXXX |  | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan). Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | A valid COC or cure is required. Cure documents consist of PCCD, LOE, proof of mailing and copy of refund check. Also, we are testing XXXX as initial application date.based on intitl 1003 and other documents in the file. |  |  |  | Reviewer Comment (XXXX): PCCD and delivery provided.<br>Buyer Comment (XXXX): Updated PCCD and cure package shipping to borrower. Please see uploaded Tracking update and PCCD.<br>Reviewer Comment (XXXX): XXXX received Post CD,LOX,Copy of refund check and proof of mailing. XXXX tracking indicates label has been created, but package has not been shipped and also Post CD is not reflecting lender credit of XXXX under section J. Proof of mailing and updated Post CD required to cure.<br>Buyer Comment (XXXX): Please see uploaded LOE, PCCD, refund check and delivery<br>Reviewer Comment (XXXX): XXXX received rebuttal comment as per which the lender credit provided at the time of lock is to offset increased Admin fee and tax service fee. However, the total of increased fee is XXXX while the credit was provided is XXXX0. Also, if the credit was provided to offset the fees it should have been updated as cure under section J of the CD. Please provide more information or any confirmation (LOS snip/email/conversation log) to verify the same or cure would be required.<br>Buyer Comment (XXXX): Per Lender: "The reason the additional fees were added is due to the rate lock, which was properly disclosed on the Change of Circumstance (COC). At the time of the rate lock, we were aware of these fees. We disclosed a lender credit on the locked Loan Estimate because, at that time, we did not want to pass those fees on to the borrower. For that reason, the credit was applied and remained as a lender credit on the Closing Disclosure."<br>Reviewer Comment (XXXX): XXXX received initial LE dated XXXX but the fee was added on revised LE dated XXXX. The available COC dated XXXX in file does not provide sufficient information as to what credit terms has been changed that resulted in adding the Tax Service fee and Admin fee. Please provide more information regarding the changes occurred along with the evidence to validate the change or cure would be required.<br>Buyer Comment (XXXX): Initial LE<br>Reviewer Comment (XXXX-24): Under the official interpretation of the above regulation the following is quoted as an example that would re-affirm the requirement to issue the LE within 3 days of receiving the 6 pieces of borrower information. The file says the initial application date has to be tested as XXXX. All 6 pieces of application data are present.<br>Reviewer Comment (XXXX-24): XXXX received Changed Circumstance dated XXXX, but it does not give sufficient information on why the tax service fee was added. In order to determine if the changed circumstance is valid more information is necessary on reason fee added and when lender became aware of the change. A valid COC or cure is required. Cure documents consist of PCCD, LOE, proof of mailing and copy of refund check.<br>Buyer Comment (XXXX-23): LE - please review the attached revised LE and uploaded COC for both the Tax Service and Admin fee Tolerance exceptions. Please also note that there remains an initial application date discrepancy on this loan between the review and what the lender states - lender rebuttal has been uploaded to the Admin fee tolerance exception regarding the application date used. XXXX exception for initial LE timing remains open at this time - please advise upon completion of Internal Compliance review.<br>Buyer Comment (XXXX-23): COC |  | XXXX |  | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | Disclosure: E-Sign Consent Agreement |  |  |  |  | Reviewer Comment (XXXX-13): E-Sign Consent Agreement for borrower and co-borrower. Exception cleared<br>Buyer Comment (XXXX): Econsent (co-Borrower) - see also borrower's consent uploaded<br>Buyer Comment (XXXX): Esign consent | XXXX |  |  | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119185 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - PUD not provided |  | Require complete PUD-Rider, not found at time of review, 1st page is missing. |  |  |  | Reviewer Comment (XXXX-26): Received PUD Rider with complete Pages. Exception Cleared<br>Buyer Comment (XXXX-24): Mortgage with PUD rider | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119185 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | More than XXXX NSFs/Overdraft Transfers occurred in the most recent 12-month period. |  | There are more than XXXX NSF instances, a total of XXXX instances in 12 months, however per guidelines a maximum of three NSF instances are allowed within 12 months of statements. LOX is provided for NSF reason. Unsigned lender exception is provided for NSF. Investor to confirm acceptability. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XXXX | Reviewer Comment (XXXX-26): Investor exception provided.<br>Buyer Comment (XXXX-23): Exception approval |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Telephone Listing / Internet Search / Directory Assistance not provided |  | For XXXX - "XXXX Inc." one of the following: o Evidence of current work (executed contracts or signed invoices) o Evidence of current business receipts o Business website demonstrating activity supporting current business operations for verification for business. <br>For XXXX - "XXXX Inc." one of the following: o Evidence of current work (executed contracts or signed invoices) o Evidence of current business receipts o Business website demonstrating activity supporting current business operations for verification for business.<br>Compliance related |  |  |  | Reviewer Comment (XXXX): Received Business income deposit for Business XXXX Inc within 10 days. Exception Cleared<br>Reviewer Comment (XXXX): Received same Bank deposit which shows Remote Online Deposit, Unable to Verify it was Business income deposit or other deposit, provide Invoice or deposit receipt for that Remote deposit to be considered as business income receipt. Exception Remains<br>Buyer Comment (XXXX): rebuttal XXXX<br>Reviewer Comment (XXXX-31): Received Evidence of current business receipt on bank statement on XXXX for Business XXXX Inc However For XXXX - "XXXX Inc." one of the following: o Evidence of current work (executed contracts or signed invoices) o Evidence of current business receipts o Business website demonstrating activity supporting current business operations for verification for business. Exception remains.<br>Buyer Comment (XXXX-31): See upload XXXX<br>Buyer Comment (XXXX-31): XXXX & XXXX | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Telephone Listing / Internet Search / Directory Assistance not provided |  | Exception already raised for below, duplicate exception, compliance related. <br> For XXXX - "XXXX Inc." one of the following: o Evidence of current work (executed contracts or signed invoices) o Evidence of current business receipts o Business website demonstrating activity supporting current business operations for verification for business. <br>For XXXX - "XXXX Inc." one of the following: o Evidence of current work (executed contracts or signed invoices) o Evidence of current business receipts o Business website demonstrating activity supporting current business operations for verification for business.<br>Credit related |  |  |  | Reviewer Comment (XXXX): Received Business income deposit for Business XXXX Inc within 10 days. Exception Cleared<br>Reviewer Comment (XXXX): Received same Bank deposit which shows Remote Online Deposit, Unable to Verify it was Business income deposit or other deposit, provide Invoice or deposit receipt for that Remote deposit to be considered as business income receipt. Exception Remains<br>Buyer Comment (XXXX): See XXXX upload<br>Reviewer Comment (XXXX-31): Received Evidence of current business receipt on bank statement on XXXX for Business XXXX Inc However For XXXX - "XXXX Inc." one of the following: o Evidence of current work (executed contracts or signed invoices) o Evidence of current business receipts o Business website demonstrating activity supporting current business operations for verification for business. Exception remains.<br>Buyer Comment (XXXX-31): XXXX & XXXX | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of XXXX is less than Cash From Borrower XXXX. | All Individual Retirement Accounts (IRA) have been excluded from the closing as proof of liquidation is missing in file. |  |  |  | Reviewer Comment (XXXX-29): Asset documents verified | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - P&L Statement Only Guidelines Number of Months P&L Requirement not met | Ability to Repay (Dodd-Frank 2014): The number of months covered by the provided P&L Statement(s) was fewer than the number of months required by the guidelines. (XXXX,XXXX XXXX Inc./P&L Statement Only) | As per guideline P&L Statement is 24months. |  |  |  | Reviewer Comment (XXXX): File contains 1 yr P&L from XXXX to XXXX and a YTD 10-mth P&L from XXXX to XXXX dated within 90 days of closing as required. The YTD for both borrowers is reflecting slightly higher income in XXXX for both borrowers, therefore, used 12-mth XXXX year end P&L as more conservative approach. DTI within 1% of lender approved. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - P&L Statement Only Guidelines Number of Months P&L Requirement not met | Ability to Repay (Dodd-Frank 2014): The number of months covered by the provided P&L Statement(s) was fewer than the number of months required by the guidelines. (XXXXs,XXXX XXXX Inc./P&L Statement Only) | Guidelines allow 12 months. |  |  |  |  | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX): File contains 1 yr P&L from XXXX to XXXX and a YTD 10-mth P&L from XXXX to XXXX dated within 90 days of closing as required. The YTD for both borrowers is reflecting slightly higher income in XXXX for both borrowers, therefore, used 12-mth XXXX year end P&L as more conservative approach. DTI within 1% of lender approved.<br>Buyer Comment (XXXX): See XXXX upload<br>Buyer Comment (XXXX): See XXXX upload<br>Reviewer Comment (XXXX): This exception will be cleared once all ATR specific exceptions have been cured/cleared.<br>Buyer Comment (XXXX): See XXXX upload<br>Reviewer Comment (XXXX-31): Received Evidence of current business receipt on bank statement on XXXX for Business XXXX Inc XXXX XXXX - "XXXX Inc." one of the following: o Evidence of current work (executed contracts or signed invoices) o Evidence of current business receipts o Business website demonstrating activity supporting current business operations for verification for business. Exception remains.<br>Buyer Comment (XXXX-31): See upload XXXX | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM status C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Assets | Ability to Repay (Dodd-Frank 2014): Unable to verify assets using reasonably reliable third-party records. (Earnest Money Deposit/Earnest Money Deposit) | ATR failure due to This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-29): received the asset documents | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX): File contains 1 yr P&L from XXXX to XXXX and a YTD 10-mth P&L from XXXX to XXXX dated within 90 days of closing as required. The YTD for both borrowers is reflecting slightly higher income in XXXX for both borrowers, therefore, used 12-mth XXXX year end P&L as more conservative approach. DTI within 1% of lender approved.<br>Buyer Comment (XXXX): See XXXX upload<br>Reviewer Comment (XXXX): This exception will be cleared once all ATR specific exceptions have been cured/cleared.<br>Buyer Comment (XXXX): See XXXX upload<br>Reviewer Comment (XXXX-31): Received Evidence of current business receipt on bank statement on XXXX for Business XXXX Inc However For XXXX - "XXXX Inc." one of the following: o Evidence of current work (executed contracts or signed invoices) o Evidence of current business receipts o Business website demonstrating activity supporting current business operations for verification for business. Exception remains.<br>Buyer Comment (XXXX-31): See upload XXXX | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX): File contains 1 yr P&L from XXXX to XXXX and a YTD 10-mth P&L from XXXX to XXXX dated within 90 days of closing as required. The YTD for both borrowers is reflecting slightly higher income in XXXX for both borrowers, therefore, used 12-mth XXXX year end P&L as more conservative approach. DTI within 1% of lender approved. | XXXX |  |  | 1 A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien | TRID Final Closing Disclosure XXXX on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Final/XXXX) | The Seller did not pay any closing costs. |  |  |  | Reviewer Comment (XXXX): XXXX received Seller CD with seller paid closing costs.<br>Buyer Comment (XXXX): Seller CD | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided |  | Settlement statement for bridge loan provided is an estimate and not fully executed, provide fully executed settlement statement for bridge loan using XXXX, XXXXXXXX XXXX. |  |  |  | Reviewer Comment (XXXX): Received Signed Closing statement for Bridge loan property "XXXX, XXXXXXXX XXXX." Exception Cleared<br>Buyer Comment (XXXX): FINAL STAMPED SS FROM BRIDGE LOAN<br>Reviewer Comment (XXXX-31): Received Closing statement however require parties signature or True &certified signed stamp is missing. Exception Remains<br>Buyer Comment (XXXX-31): FINAL SS FROM BRIDGE LOAN | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: CPA Letter not provided |  | CPA to provide commentary to relationship with B1 and B2 and verify they are not related to the borrower or associated with the borrower's business. |  |  |  | Reviewer Comment (XXXX): Received CPA Confirm No relationship with Borrower 1 and 2. Exception Cleared<br>Buyer Comment (XXXX): letter | XXXX |  |  | 1 A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX | Require Mortgage Statement confirming that taxes and insurance are escrowed. |  |  |  | Reviewer Comment (XXXX-27): Received REO document. Exception Cleared<br>Buyer Comment (XXXX-26): 1008 AND 1003<br>Buyer Comment (XXXX-26): taxes<br>Buyer Comment (XXXX-26): First payment letter | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX | XXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | Disclosure: E-Sign Consent Agreement | Require E-sign Consent Agreement as it is missing. |  |  |  | Reviewer Comment (XXXX-23): Received E-signed Consent Agreement. Exception Cleared<br>Buyer Comment (XXXX-22): Econsent | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Third Party Verification | Missing: Require Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following: <br>• Evidence of current work (executed contracts or signed invoices) <br> • Evidence of current business receipts <br> • Business website demonstrating activity supporting current business operations.<br>Compliance related |  |  |  | Reviewer Comment (XXXX-27): Received Business website demonstrating activity supporting current business operations. Exception Cleared<br>Buyer Comment (XXXX-26): Website | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided |  | Require Tax Certificate for Subject property with Tax amount reflecting as XXXX per month as the current Tax certificate document and title report Reflect tax amount as XXXX annually which is XXXX per month. |  |  |  | Reviewer Comment (XXXX-28): Updated 1003 and 1008 is provided with correct tax amount as XXXX which matches with Title report. Exception Cleared<br>Buyer Comment (XXXX-27): UW LOX | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Third Party Verification not provided |  | Missing: Require Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following: <br>• Evidence of current work (executed contracts or signed invoices) <br> • Evidence of current business receipts <br> • Business website demonstrating activity supporting current business operations.<br>Credit related |  |  |  | Reviewer Comment (XXXX-27): Received Business website demonstrating activity supporting current business operations. Exception Cleared<br>Buyer Comment (XXXX-26): website | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided |  | Require CPA Impact letter confirming that the use of business funds from XXXX business bank account ending with #XXXX will not negatively impact the business. |  |  |  | Reviewer Comment (XXXX-28): Lender has removed the Business funds #XXXX for this transaction, also updated 1003 and 1008 is provided. Exception Cleared<br>Buyer Comment (XXXX-27): UW LOX | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Verification appraisal was delivered to borrower within 3 days of closing was not provided. Waiver not provided. |  |  |  | Reviewer Comment (XXXX-26): Appraisal Delivery Received. Exception Cleared<br>Buyer Comment (XXXX-23): Appraisal delivery | XXXX |  |  | 1 B A | XXXX | XXXX | Investment | Purchase | C B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary/XXXX) | Verification appraisal was delivered to borrower within 3 days of closing was not provided. Waiver not provided for Secondary appraisal. |  |  |  | Reviewer Comment (XXXX-26): Appraisal Delivery Received. Exception Cleared<br>Buyer Comment (XXXX-23): Please see uploaded appraisal delivery/ROV | XXXX |  |  | 1 B A | XXXX | XXXX | Investment | Purchase | C B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | A non-arm's length purchase transaction is allowed on a primary residence only. | Occupancy: Investment | LENDER EXCEPTION provided. Although any relationship between the Sellers and Buyer is very limited and centers around this transaction, it is viewed as a non-arms length transaction. (No Realtors and not listed in the MLS) Requesting an exception to allow this on an investment purchase. Slated to Non QM 13. Compensating Factors: The borrower has an extensive successful background in owning and managing his investment portfolio, He has had a combination of commercial and residential mortgages over the years, paid as agreed. The borrower will have XXXX months of reserves after closing, and he has stated his relationship with the seller is a business one, and came to pass thru a mutual friend and is limited to this transaction. Client to review and confirm acceptability. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XXXX | Reviewer Comment (XXXX-30): Investor exception provided.<br>Buyer Comment (XXXX-29): Exception |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX Telephone Listing / Internet Search / Directory Assistance | XXXX purchase is required with one of the following:<br>• Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts<br> • Business website demonstrating activity supporting current business operations.<br>Also, required two years previous experience in the same line of work, current business does not meet 2 years employment history requirement.<br>Compliance related |  |  |  | Reviewer Comment (XXXX-26): Accepting email invoice dated XXXX<br>Reviewer Comment (XXXX): Firstly, evidence of current business receipt provided from Email of one of the business client, as per guide to evidence current business receipt XXXX and XXXX from XXXX.com must have deposit verified from bank account within 10 days of note date. and secondly, for exception approval for less than 2 year has been provided. exception remains.<br>Buyer Comment (XXXX): current payment from confirmation to prove business is active and open<br>Reviewer Comment (XXXX): An exception for borrower SE less than two years has been provided. Verification of current employment is required: Provide one of the following: • Evidence of current work (executed contracts or signed invoices) • Evidence of current business receipts • Business website demonstrating activity supporting current business operations.<br>Reviewer Comment (XXXX-31): Received Exception requirement of employment history for two years. Previous experience in the same line of work, current business does not meet 2 years employment history requirement. However any one of the following verification is still needed.<br> • Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts<br> • Business website demonstrating activity supporting current business operations. Exception remains.<br>Buyer Comment (XXXX-31): Exception<br>Buyer Comment (XXXX-31): proof of business open and active | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Loan does not meet guideline requirements regarding non-arm's length transactions. |  | As per guide, for Non-Arm's Length Transactions - Borrower purchasing from his or her current landlord (cancelled checks or bank statements required to verify satisfactory pay history between borrower and landlord). |  |  |  | Reviewer Comment (XXXX-23): Clearing this , although between family there was no adverse circumstances. the lack of rent was from buyer and covered and downgraded under different exception.<br>Buyer Comment (XXXX-23): LS accepts payment history.<br>Reviewer Comment (XXXX-13): Noted, lease payment on XXXX (XXXX XXXX); XXXX (XXXX & XXXX); XXXX (XXXX, XXXX & XXXX) verified through bank statement. still require XXXX payment to be verified through bank statement or cancelled check as required per guide. exception remains.<br>Buyer Comment (XXXX): email on lease & UW Cert. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provided VOR is completed by private party not from professional management company, therefore required VOR completed by a professional management company or 12 months bank statements/canceled checks and a lease agreement. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | 12 vs 6<br>771 vs 680 | XXXX | Reviewer Comment (XXXX-22): Investor accepts and agrees to waive with compensating factors.<br>Buyer Comment (XXXX-20): investor exception approval<br>Reviewer Comment (XXXX-13): Require complete 12 month rental history per guide. 12 months bank statements/canceled checks and a lease agreement to<br> document the term and payment are required. <br> Noted, lease payment on XXXX (XXXX XXXX); XXXX (XXXX & XXXX); XXXX (XXXX, XXXX & XXXX) verified through bank statement. still require XXXX payment to be verified through bank statement or cancelled check as required per guide. exception remains.<br>Buyer Comment (XXXX): email on lease & UW Cert. |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-26): Accepting email invoice dated XXXX<br>Reviewer Comment (XXXX): Firstly, evidence of current business receipt provided from Email of one of the business client, as per guide to evidence current business receipt XXXX and XXXX from XXXX.com must have deposit verified from bank account within 10 days of note date. and secondly, for exception approval for less than 2 year has been provided. exception remains.<br>Buyer Comment (XXXX): See upload XXXX<br>Reviewer Comment (XXXX-31): Received Exception requirement of employment history for two years. Previous experience in the same line of work, current business does not meet 2 years employment history requirement. However any one of the following verification is still needed.<br> • Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts<br> • Business website demonstrating activity supporting current business operations. Exception remains.<br>Buyer Comment (XXXX-31): See uploads XXXX | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to insufficient income and asset documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-26): Accepting email invoice dated XXXX<br>Reviewer Comment (XXXX): Firstly, evidence of current business receipt provided from Email of one of the business client, as per guide to evidence current business receipt XXXX and XXXX from XXXX.com must have deposit verified from bank account within 10 days of note date. and secondly, for exception approval for less than 2 year has been provided. exception remains.<br>Buyer Comment (XXXX): See upload XXXX<br>Reviewer Comment (XXXX-31): Received Exception requirement of employment history for two years. Previous experience in the same line of work, current business does not meet 2 years employment history requirement. However any one of the following verification is still needed.<br> • Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts<br> • Business website demonstrating activity supporting current business operations. Exception remains.<br>Buyer Comment (XXXX-31): See uploads XXXX | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Collateral Desktop Analysis Fee was disclosed as XXXX on Initial LE and XXXX on Final CD. Evidence of cure not provided in file. Provide a post-close CD disclosing the tolerance cure to include XXXX a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. |  |  |  | Reviewer Comment (XXXX-31): XXXX received valid COC document<br>Buyer Comment (XXXX-30): initial CD & CIC for appraisal fee added | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Third Party Verification not provided |  | Not in business for 2 years. |  |  |  | Reviewer Comment (XXXX-23): 6 months added reserves meets guides | XXXX |  |  | 1 A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119192 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX Third Party Verification | Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following: <br> • Evidence of current work (executed contracts or signed invoices) <br> • Evidence of current business receipts <br> • Business website demonstrating activity supporting current business operations. |  |  |  | Reviewer Comment (XXXX-28): Received Business website demonstrating activity supporting current business operations.. Exception Cleared<br>Buyer Comment (XXXX-27): Copy of website with date and time<br>Reviewer Comment (XXXX-23): Noted XXXX Search page but not the complete business website, provide the complete business website with date. exception remains.<br>Buyer Comment (XXXX-23): date provided<br>Reviewer Comment (XXXX-21): Received XXXX Search verification without a Document date/Search date. Additionally XXXX search noted borrower Business have Separate Website therefore Require Business website demonstrating activity supporting current business operations if using internet Search as verification along with document date. Exception Remains<br>Buyer Comment (XXXX-21): see website<br>Reviewer Comment (XXXX-20): Received XXXX Search verification, however it does not have Document date/Search date. Additionally XXXX search noted borrower Business have Separate Website therefore Require Business website demonstrating activity supporting current business operations if using internet Search as verification along with document date. Exception Remains<br>Buyer Comment (XXXX-16): XXXX search | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119192 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Note Date: XXXX; Lien Position: 1 | The file is missing a copy of the secondary valuation required for securitization purposes. CU Score is 2.8. |  |  |  | Reviewer Comment (XXXX): Noted CDA report. exception cleared.<br>Buyer Comment (XXXX): CDA starts on page 6 | XXXX |  |  | 1 D A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119192 | XXXX | XXXX | XXXX | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | HOI coverage is insufficient by XXXX Provide updated policy reflecting minimum coverage of XXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount. Replacement Cost Estimator provided reflects Estimated Reconstruction Cost of XXXX. |  |  |  | Reviewer Comment (XXXX-21): Received Final 1003 and 1008 with updated HOI monthly premium amount. Exception cleared.<br>Buyer Comment (XXXX-21): 1003/1008<br>Reviewer Comment (XXXX-15): Noted. Provide updated 1003/1008 with Correction HOI amount. Exception remains<br>Buyer Comment (XXXX-13): updated docs<br>Reviewer Comment (XXXX): Received HOI policy with annual premium as XXXX6 Compared to lender calculation of XXXX thus resulting in increase in HOI monthly. Either provide RCE supporting current coverage amount Or if Annual premium XXXX6 to be considered then Updated Final 1003, 1008, PCCD, IEAD statement and First payment letter with Insurance amount updated. Exception remains.<br>Buyer Comment (XXXX): updated hazard | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119192 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Third Party Verification not provided |  | Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following: <br> • Evidence of current work (executed contracts or signed invoices) <br> • Evidence of current business receipts <br> • Business website demonstrating activity supporting current business operations. |  |  |  | Reviewer Comment (XXXX-28): Received Business website demonstrating activity supporting current business operations.. Exception Cleared<br>Reviewer Comment (XXXX-23): Noted XXXX Search page but not the complete business website, provide the complete business website with date. exception remains.<br>Buyer Comment (XXXX-23): date provided<br>Reviewer Comment (XXXX-21): Received XXXX Search verification without a Document date/Search date. Additionally XXXX search noted borrower Business have Separate Website therefore Require Business website demonstrating activity supporting current business operations if using internet Search as verification along with document date. Exception Remains<br>Buyer Comment (XXXX-21): see website<br>Reviewer Comment (XXXX-20): Received XXXX Search verification, however it does not have Document date/Search date. Additionally XXXX search noted borrower Business have Separate Website therefore Require Business website demonstrating activity supporting current business operations if using internet Search as verification along with document date. Exception Remains<br>Buyer Comment (XXXX-16): see XXXX search | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119192 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | GSE | XXXX 2014 - 3% Points and Fees | XXXX 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.60378% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total XXXX on a Federal Total Loan Amount of XXXX vs. an investor allowable total of XXXX (an overage of XXXX or .60378%). | XXXX 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.60378% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total XXXX on a Federal Total Loan Amount of XXXX vs. an investor allowable total of XXXX (an overage of XXXX or .60378%). |  |  |  | Buyer Comment (XXXX-29): Acknowledged non-material EV2 |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. D B C A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119192 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. |  |  |  |  | Reviewer Comment (XXXX): Disclosure summary noted Homeowner Counseling Disclosure provided to borrower. Exception cleared.<br>Buyer Comment (XXXX): Disclosure summary and Tracking Details for delivery of HCL | XXXX |  |  | 1 B A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119192 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-28): All Open Income/Asset ATR Exception has been cleared. Exception Cleared<br>Reviewer Comment (XXXX-23): Noted XXXX Search page but not the complete business website, provide the complete business website with date. exception remains.<br>Buyer Comment (XXXX-23): date showing<br>Reviewer Comment (XXXX-21): Received XXXX Search verification without a Document date/Search date. Additionally XXXX search noted borrower Business have Separate Website therefore Require Business website demonstrating activity supporting current business operations if using internet Search as verification along with document date. Exception Remains<br>Buyer Comment (XXXX-21): see website<br>Reviewer Comment (XXXX-20): Received XXXX Search verification, however it does not have Document date/Search date. Additionally XXXX search noted borrower Business have Separate Website therefore Require Business website demonstrating activity supporting current business operations if using internet Search as verification along with document date. Exception Remains<br>Buyer Comment (XXXX-16): see XXXX search | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation B C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119192 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-28): All Open Income/Asset ATR Exception has been cleared. Exception Cleared<br>Reviewer Comment (XXXX-23): Noted XXXX Search page but not the complete business website, provide the complete business website with date. exception remains.<br>Buyer Comment (XXXX-23): date showing<br>Reviewer Comment (XXXX-21): Received XXXX Search verification without a Document date/Search date. Additionally XXXX search noted borrower Business have Separate Website therefore Require Business website demonstrating activity supporting current business operations if using internet Search as verification along with document date. Exception Remains<br>Buyer Comment (XXXX-21): website<br>Reviewer Comment (XXXX-20): Received XXXX Search verification, however it does not have Document date/Search date. Additionally XXXX search noted borrower Business have Separate Website therefore Require Business website demonstrating activity supporting current business operations if using internet Search as verification along with document date. Exception Remains<br>Buyer Comment (XXXX-16): see XXXX search | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | GSE | XXXX 2014 - 3% Points and Fees | XXXX 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.51527% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total XXXX on a Federal Total Loan Amount of XXXX vs. an investor allowable total of XXXX (an overage of XXXX or .51527%). |  |  |  |  | Buyer Comment (XXXX-29): Acknowledged non-material EV2 |  |  | XXXX | 2 B | XXXX | XXXX | 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 |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX): Loan is NonQM<br>Buyer Comment (XXXX): See uploaded DTI exception | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | The earliest Closing Disclosure provided was issued on the closing date XXXX. |  |  |  | Reviewer Comment (XXXX): XXXX received XXXX CD received 3 business days prior to consummation.<br>Buyer Comment (XXXX): Initial CD | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. (0) | Missing a valid Change of Circumstance for the increase in Title - Settlement / Closing / Escrow Fee ; Title - Closing Protection letter Fee, Recording Fees total , Title - Lenders Coverage Premium. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.<br>Buyer Comment (XXXX): COC | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Missing a valid Change of Circumstance for the increase in Loan Discount Points. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX): XXXX received a valid COC.<br>Buyer Comment (XXXX): Please confirm a refund of XXXX will cure this<br>Reviewer Comment (XXXX): XXXX received rebuttal comment the COC dated XXXX was already in file and is considered for review but the points are again increased on CD dated XXXX and the COC in file does not have sufficient information to validate the change. In order to determine if the changed circumstance is valid more information is necessary on reason fee increase and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Buyer Comment (XXXX): Points increased to XXXX0 on XXXX LE - COC attached for Loan Amount Increase<br>Buyer Comment (XXXX): COC and LE<br>Reviewer Comment (XXXX): XXXX Received COC dated XXXX states loan product change; however, there is not change on loan product compared to last CD dated XXXX. In order to determine if the changed circumstance is valid more information is necessary on reason fee increase and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Buyer Comment (XXXX): COC | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Missing a valid Change of Circumstance for the increase in Transfer Tax. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX): XXXX Received Valid COC dated XXXX along with CD.<br>Buyer Comment (XXXX): Please see uploaded COCs | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 56.46394% exceeds Guideline total debt ratio of 50.00000%. | A lender exception request has been provided for the DTI exceeding 50%. Compensating Factors: Debt and overall monthly payments are decreasing by XXXX1.00 borrower has had ZERO late payment and been in business over 7 years. Provide the approval. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | XXXX | Reviewer Comment (XXXX-23): Investor accepts and agrees to waive with compensating factors.<br>Buyer Comment (XXXX-23): updated investor exception approval to 52.072%<br>Reviewer Comment (XXXX-23): Re-opened DTi exception was based on 51.6% DTi was actually 52.07235. XXXX accounts deemed duplicate. Two XXXX noted, large one paid at closing but the smaller one XXXX mpnothly was not and added back in ratios.<br>Reviewer Comment (XXXX): Investor exception provided.<br>Buyer Comment (XXXX): Investor approval for exception |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | A lender exception request has been provided for the DTI exceeding 50%. Compensating Factors: Debt and overall monthly payments are decreasing by XXXX1.00 borrower has had ZERO late payment and been in business over 7 years. Provide the approval. |  |  |  | Reviewer Comment (XXXX): Cleared. Exception provided.<br>Buyer Comment (XXXX): See uploaded DTI exception | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 56.46394% significantly exceeds the guideline maximum of 50.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) | A lender exception request has been provided for the DTI exceeding 50%. Compensating Factors: Debt and overall monthly payments are decreasing by XXXX1.00 borrower has had ZERO late payment and been in business over 7 years. Provide the approval. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | XXXX | Reviewer Comment (XXXX): Investor exception provided.<br>Buyer Comment (XXXX): See uploaded DTI exception |  |  | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. Sufficient or excess cure was provided to the borrower at Closing. (0) |  |  |  |  | Reviewer Comment (XXXX): Sufficient Cure Provided At Closing |  | XXXX |  | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 52.07235% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) |  | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | XXXX | Reviewer Comment (XXXX-23): Investor accepts and agrees to waive with compensating factors. |  |  | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119189 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Missing required Transcript (1040) or W-2 Transcript. | Borrower: XXXX XXXX | P&L used to qualify, not required |  |  |  | Reviewer Comment (XXXX): XXXX Qualified with P&L income Transcript not require. Exception Cleared<br>Buyer Comment (XXXX): Please cancel | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119189 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Missing required Transcript (1040) or W-2 Transcript. | Borrower: XXXX XXXX | Missing XXXX an XXXX W2 transcripts documented in file. |  |  |  | Reviewer Comment (XXXX-23): Received XXXX and XXXX W-2 For XXXX. Exception Cleared<br>Buyer Comment (XXXX-23): Transcripts | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119189 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Missing required Transcript (1040) or W-2 Transcript. | Borrower: XXXX XXXX | Missing transcripts for XXXX and XXXX SSI and Pension income documentation provided. |  |  |  | Reviewer Comment (XXXX-23): Received XXXX and XXXX 1040 Transcript. exception cleared<br>Buyer Comment (XXXX-23): Transcripts | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119189 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX P&L Statement, Telephone Listing / Internet Search / Directory Assistance | Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following: <br>• Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts<br> • Business website demonstrating activity supporting current business operations.<br>Documentation provided is > 10 days. <br>Compliance related. |  |  |  | Reviewer Comment (XXXX-23): Received Signed P&L upto XXXX. Exception Cleared<br>Reviewer Comment (XXXX-20): Received Invoice as verification of business, however still missing Received Signed P&L within 90 days of closing however it must be signed by borrower as well. per Guideline it must be signed by third party and borrower. Exception Remains<br>Buyer Comment (XXXX-16): Invoice | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119189 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The loan was approved with an Originator Loan Designation of (Non-QM) but the required (Require Third Parity Verification) required per Investor Guidelines was not provided causing the loan to waterfall through the Non-QM Testing. |  |  |  | Reviewer Comment (XXXX-23): All Open ATR Exception has been cleared. Exception Cleared | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119189 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-23): All Open ATR Exception has been cleared. Exception Cleared | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119189 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Telephone Listing / Internet Search / Directory Assistance not provided |  | -Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following:<br>• Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts<br> • Business website demonstrating activity supporting current business operations.<br>Documentation provided is > 10 days. <br>Credit related. |  |  |  | Reviewer Comment (XXXX-20): Received Business invoice As Verification. Exception Cleared<br>Buyer Comment (XXXX-16): Invoice uploaded | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119189 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: P&L Statement not provided |  | 12 month P&L dated within 90 days of closing was not provided. P&L was dated XXXX which is 121 days prior to closing, |  |  |  | Reviewer Comment (XXXX-23): Received Signed P&L upto XXXX. Exception Cleared<br>Buyer Comment (XXXX-23): P&L<br>Reviewer Comment (XXXX-20): Received Signed P&L within 90 days of closing however it must be signed by borrower as well. per Guideline it must be signed by third party and borrower. Exception Remains<br>Buyer Comment (XXXX-16): P&L and ICW | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119190 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD (Asset) not provided |  | Require fully executed final HUD/CD/Closing Statement confirming the sale of property XXXX XXXX. Closing Statement dated XXXX Doc Id XXXX is not signed and is an Estimated Seller's Statement. |  |  |  | Reviewer Comment (XXXX-20): Received True and certified Closing statement for Sold property XXXX. Exception Cleared<br>Buyer Comment (XXXX-16): final settlement statement | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119190 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-23): Transaction history of Business receipts received for XXXX by XXXX Inc. Exception cleared.<br>Buyer Comment (XXXX-23): please review<br>Reviewer Comment (XXXX-20): Received Invoices for XXXX XXXX within 10 business days from closing date, however Transaction history copy for XXXX Business provided is not Legible unable to confirm provided document meet Verification Requirement per guideline. Exception Remains<br>Buyer Comment (XXXX-20): please review | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119190 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to Insufficient income documentation the required Verification of Business document required per Investor Guidelines was not provided causing the loan to waterfall through the ATR Testing. |  |  |  | Reviewer Comment (XXXX-23): Transaction history of Business receipts received for XXXX by XXXX Inc. Exception cleared.<br>Buyer Comment (XXXX-23): please review<br>Reviewer Comment (XXXX-20): Received Invoices for XXXX XXXX within 10 business days from closing date, however Transaction history copy for XXXX Business provided is not Legible unable to confirm provided document meet Verification Requirement per guideline. Exception Remains<br>Buyer Comment (XXXX-20): please review | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119190 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Telephone Listing / Internet Search / Directory Assistance not provided |  | As per guidelines require Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following: <br> • Evidence of current work (executed contracts or signed invoices) <br> • Evidence of current business receipts <br> • Business website demonstrating activity supporting current business operations.<br>Current Business Invoice/receipts and Websites Doc Id D670 and Doc Id D418 for business XXXX by XXXX Inc and Doc Id D680 and Doc Id D422 for business XXXX XXXX Inc are not within 10 business days from note date.<br>Credit related |  |  |  | Reviewer Comment (XXXX-23): Transaction history of Business receipts received for XXXX by XXXX Inc. Exception cleared.<br>Buyer Comment (XXXX-23): radiant sky invoices<br>Reviewer Comment (XXXX-20): Received Invoices for XXXX XXXX within 10 business days from closing date, however Transaction history copy for XXXX Business provided is not Legible unable to confirm provided document meet Verification Requirement per guideline. Exception Remains<br>Buyer Comment (XXXX-20): Invoices | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119190 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX, Borrower: XXXX XXXX Telephone Listing / Internet Search / Directory Assistance<br> Telephone Listing / Internet Search / Directory Assistance | As per guidelines require Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following: <br> • Evidence of current work (executed contracts or signed invoices) <br> • Evidence of current business receipts <br> • Business website demonstrating activity supporting current business operations.<br>Current Business Invoice/receipts and Websites Doc Id D670 and Doc Id D418 for business XXXX by XXXX Inc and Doc Id D680 and Doc Id D422 for business XXXX XXXX Inc are not within 10 business days from note date.<br>Compliance related |  |  |  | Reviewer Comment (XXXX-23): Transaction history of Business receipts received for XXXX by XXXX Inc. Exception cleared.<br>Buyer Comment (XXXX-23): XXXX invoices<br>Reviewer Comment (XXXX-20): Received Invoices for XXXX XXXX within 10 business days from closing date, however Transaction history copy for XXXX Business provided is not Legible unable to confirm provided document meet Verification Requirement per guideline. Exception Remains<br>Buyer Comment (XXXX-20): invoices | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX Telephone Listing / Internet Search / Directory Assistance | As per guidelines require Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with <br> one of the following: <br>• Evidence of current work (executed contracts or signed invoices) <br> • Evidence of current business receipts <br> • Business website demonstrating activity supporting current business operations.<br>Compliance related |  |  |  | Reviewer Comment (XXXX-14): Received update Business bank statement which shows Recent Business income deposit considered for Business verification as Business receipt. Exception Cleared<br>Buyer Comment (XXXX-13): see uploaded business statement | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Telephone Listing / Internet Search / Directory Assistance not provided |  | As per guidelines require Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with <br> one of the following: <br>• Evidence of current work (executed contracts or signed invoices) <br> • Evidence of current business receipts <br> • Business website demonstrating activity supporting current business operations.<br>Credit related |  |  |  | Reviewer Comment (XXXX-14): Received update Business bank statement which shows Recent Business income deposit considered for Business verification as Business receipt. Exception Cleared<br>Buyer Comment (XXXX-13): Business activity confirming business | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | XXXX | XXXX | 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). | Right to Cancel expiration date is shown as XXXX, expected RTC expiration date as XXXX. |  |  |  | Reviewer Comment (XXXX-15): XXXX with Correction Expiration date to XXXX. Exception Cleared<br>Buyer Comment (XXXX-13): XXXX | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-14): All Open Income/ATR Exception has been cleared. Exception Cleared<br>Buyer Comment (XXXX-13): see uploaded bank statement showing activity | XXXX |  |  | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to Insufficient income documentation the required Verification of Business document required per Investor Guidelines was not provided causing the loan to waterfall through the ATR Testing. |  |  |  | Reviewer Comment (XXXX-14): All Open Income/ATR Exception has been cleared. Exception Cleared<br>Buyer Comment (XXXX-13): See uploaded bank statement confirming activity | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Street address is blank. |  | Require updated final title policy with subject property city corrected to show "XXXX" as the city name. |  |  |  | Reviewer Comment (XXXX-16): Received updated title policy with Correction property address. Exception Cleared<br>Buyer Comment (XXXX-15): Updated title with corrected city. | XXXX |  |  | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | One or more valuations indicate that the subject property is a rural property. |  | Lender Exception provided: Rural properties the maximum acreage allowed is XXXX acres however property acreage is XXXX Compensating Factors: Low DTI, High Credit Scores, Good credit history on primary residence. Review for acceptability and downgrade consideration. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | 377 vs 6 | XXXX | Reviewer Comment (XXXX): Investor accepts and agrees to waive with compensating factors. |  |  | XXXX | 1 A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Telephone Listing / Internet Search / Directory Assistance not provided |  | Guidelines require Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following:<br>• Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts<br> • Business website demonstrating activity supporting current business operations.<br>Credit related. |  |  |  | Reviewer Comment (XXXX-16): Received Bank statement confirming Evidence of current business receipts on XXXX within 10 business days of Note date. Meets guide requirement. Exception cleared.<br>Buyer Comment (XXXX-15): proof of recent deposit<br>Reviewer Comment (XXXX): Received Borrower XXXX Individual License and Business website is for Borrower XXXX Business XXXX Corp. however per Guideline require Business verification for XXXX XXXX, A Professional Corporation using once of following method Evidence of current work (executed contracts or signed invoices) • Evidence of current business receipts • Business website demonstrating activity supporting current business operations. Exception Remains<br>Buyer Comment (XXXX): Evidence of active website attached and active license for coborr. | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX Telephone Listing / Internet Search / Directory Assistance | Guidelines require Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following:<br>• Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts<br> • Business website demonstrating activity supporting current business operations.<br>Compliance related. |  |  |  | Reviewer Comment (XXXX-20): Received Bank statement confirming Evidence of current business receipts on XXXX within 10 business days of Note date. Meets guide requirement. Exception cleared.<br>Buyer Comment (XXXX-16): see bank statement<br>Reviewer Comment (XXXX): Received Borrower XXXX Individual License and Business website is for Borrower XXXX Business XXXX Corp. however per Guideline require Business verification for XXXX XXXX, A Professional Corporation using once of following method Evidence of current work (executed contracts or signed invoices) • Evidence of current business receipts • Business website demonstrating activity supporting current business operations. Exception Remains<br>Buyer Comment (XXXX): see website and license | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Property is rural with agricultural zoning and does not meet all the Guidelines of being less that 10 acres. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | 377 vs 6 | XXXX | Reviewer Comment (XXXX-18): Lender Exception with Compensating Factors provided. Downgraded and Waived. |  |  | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119175 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XXXX | Fraud report for the borrower "XXXXXXXX" is missing in file. |  |  |  | Reviewer Comment (XXXX-05): Received Fraud Report for Borrower and Business entity added as Co-Borrower. Exception Cleared<br>Buyer Comment (XXXX-03): Fraud Report | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119175 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XXXX XXXX XXXX, LLC, a XXXX Limited Liability Company | Fraud report for the entity "XXXX XXXX XXXX, LLC" is missing in file. |  |  |  | Reviewer Comment (XXXX-05): Received Fraud Report for Borrower and Business entity added as Co-Borrower. Exception Cleared<br>Buyer Comment (XXXX-03): See No evidence of fraud report in file exception for fraud report | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119175 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Credit | OFAC was not checked and required per guidelines. | Credit Report: Original // Borrower: XXXXXXXX | OFAC report for borrower is missing in file. |  |  |  | Reviewer Comment (XXXX-05): Received Fraud Report with OFAC clearance. Exception Cleared | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119175 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  | Lease agreement for the property unit "XXXX St" is expired on XXXX. Revised and valid lease agreement for unit "XXXX St" is required. |  |  |  | Reviewer Comment (XXXX): Lease provided.<br>Buyer Comment (XXXX): Lease<br>Reviewer Comment (XXXX-16): Received same Lease agreement which does not shows Expiration date only Effective date, there is no month to month Verbiage included. Provide Active lease agreement for Unit XXXX. exception remains<br>Buyer Comment (XXXX-12): Lease<br>Reviewer Comment (XXXX-11): Noted the same lease agreement already provided in file from XXXX to XXXX have been expired. require lease extension. exception remains.<br>Buyer Comment (XXXX-09): Lease agreemeent | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119175 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | DSCR Calculation Worksheet is missing in file. |  |  |  | Reviewer Comment (XXXX-05): Received DSCR Calculation worksheet. Exception Cleared<br>Buyer Comment (XXXX-03): 1008 | XXXX |  |  | 1 C A D | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119175 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Lender Exception(s) not provided |  | Lender exception provided but not signed. Please review for acceptance. Exception: Refinance of two properties is paying off a private blanket mortgage and providing cash out to borrower, the borrower provided 12 months of proof of payments from XXXX/XXXX for the private mortgage. The borrower was able t provide cancelled checks for all months except XXXX's payment as that payment was made by withdrawing the exact amount of the payment and purchasing a money order with those funds and the borrower does not have a copy of the money order. You can see the exact withdrawal ion the XXXX bank statement which he has provided. Compensating Factors: HIGH DSCR ration, 38 month reserves experienced investor. Review for acceptance and downgrade consideration. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | XXXX | Reviewer Comment (XXXX-20): Investor exception provided.<br>Buyer Comment (XXXX-18): Investor Approved Exception |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119191 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XXXX LLC, a XXXX Limited Liability Company | Business entity fraud report is missing in file for XXXX LLC, a XXXX Limited Liability Company. |  |  |  | Reviewer Comment (XXXX): Business entity Fraud report receive. Business name added as Co-Borrower. Exception Cleared<br>Buyer Comment (XXXX): A combined report is acceptable as long as all required information is contained. Where are you seeing a separate report required?<br>Reviewer Comment (XXXX): Require separate fraud report for XXXX LLC. exception remains.<br>Buyer Comment (XXXX): Combined fraud report with entity searched using EIN | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119191 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of Good Standing is missing in file for XXXX LLC, a XXXX Limited Liability Company. |  |  |  | Reviewer Comment (XXXX): Received Certificate of Good standing. Exception Cleared<br>Buyer Comment (XXXX): Certificate of good standing | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119191 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Provided operating agreement is not signed, required signed operating agreement for XXXX LLC, a XXXX Limited Liability Company. |  |  |  | Reviewer Comment (XXXX): Received Signed Operating agreement. exception Cleared<br>Buyer Comment (XXXX): Executed operating agreement | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119187 | XXXX | XXXX | XXXX | XXXX | Credit | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Fewer than two sold comparables were used in the property valuation. |  | Lender Exception is raised as the appraiser could find only 1 comparable in the area with an ADU. Requesting exception to allow for 1 instead of 2 required comparables. Using DSCR 13. Compensating Factor: Rental income not used for DSCR calculation. Borrower has excessive reserves, only 3 months required and DSCR ratio is lower due to rental income for ADU not included. Borrower has excellent credit. He owns his primary down the street from the subject property and another rental property. He has owned his primary since XXXX, no mortgage lates. Rental property is owned Free & Clear. review for acceptance and downgrade consideration. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XXXX | Reviewer Comment (XXXX): Investor exception provided.<br>Buyer Comment (XXXX): Investor approval |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119187 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Borrower and lender signed Final 1003 is missing in file. |  |  |  | Reviewer Comment (XXXX-13): Received Final 1003. Exception Cleared<br>Buyer Comment (XXXX): Final 1003 | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119183 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Ineligible property type. | Single Family Detached | Loan re-reviewed to XXXX from XXXX. Zoning reflects Transitional Business District. Appraisal shows street view with commercial buildings around property. Commercial/Commercially Zoned Properties are ineligible. Clent to provide or confirm investor accepts for downgrade consideration. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | 30 vs 3 | XXXX | Reviewer Comment (XXXX): Investor accepts and agrees to waive with compensating factors.<br>Buyer Comment (XXXX): XXXX accepts. |  |  | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XXXX XXXX, LLC, a XXXX Limited Liability Company | Fraud Report is missing for XXXX XXXX, LLC, a XXXX Limited Liability Company. |  |  |  | Reviewer Comment (XXXX-23): Fraud Report is provided for XXXX XXXX, LLC, a XXXX Limited Liability Company. Exception Cleared<br>Buyer Comment (XXXX-23): Combined fraud report with entity as borrower 2 using EIN number | XXXX |  |  | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |

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## Exhibit 99.4

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.4**

![](situs-logo.jpg)

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| |
|:---|
| **Rating Agency Grades** |
| **Run Date - 2/18/2026 3:43:42 PM** |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **INITIAL CREDIT LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL OVERALL LOAN GRADES** |
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Mapped ID** | **Deal ID** | **Investor Loan Number** | **Deal Number** | **Original Loan Amount** | **Morningstar** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **Morningstar** | **Morningstar** | **Morningstar** |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119198 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119203 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119529 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119217 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119238 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | C | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119239 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119220 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119508 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119506 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119234 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119245 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119229 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119254 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119249 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119535 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119262 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119264 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119265 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | C | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119223 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119225 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119511 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119282 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119278 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119547 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119291 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119297 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119240 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119552 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119232 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119303 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119206 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | C | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119276 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119233 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119255 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119556 | XXXX | XXXX | XXXX C D |  |  |  |  |  |  | A | C D | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119315 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119241 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119317 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119284 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119269 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119324 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119559 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119331 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119212 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119288 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119328 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119332 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | B | B | B |  | A | A | A | A | A | B | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119335 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119525 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119251 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119325 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119319 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119327 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119320 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119527 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119314 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119353 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | C | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119359 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119362 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119261 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119279 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119285 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119367 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119365 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119258 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | D | D | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119298 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119376 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119374 | XXXX | XXXX | XXXX B |  | B | B | B | B | B | A | B | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119384 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119385 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | B | C | A |  | A | A | A | A | A | B | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119337 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119391 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119390 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119393 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119398 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119379 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119358 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119412 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119411 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119305 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119507 | XXXX | XXXX | XXXX B |  | B | B | B | B | B | A | B | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119304 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119346 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119420 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119417 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119549 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119369 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119277 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119403 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119520 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119419 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119415 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119416 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119252 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119423 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119538 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | XXXX D |  |  |  |  |  |  | D | D | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119339 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119368 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119542 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119560 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119426 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119427 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | B | C | A |  | A | A | A | A | A | B | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119399 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119395 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119356 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119515 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119308 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119429 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119354 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119273 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119528 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119364 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119392 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119340 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119357 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119292 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119439 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119400 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119442 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119406 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | C | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119257 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119301 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119270 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119204 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119293 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119444 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119389 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | B | C | A |  | A | A | A | A | A | B | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119519 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119407 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119307 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119443 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119438 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119248 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119524 | XXXX | XXXX | XXXX C D |  |  |  |  |  |  | A | C D | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119536 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119378 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119430 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119316 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119421 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119343 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119575 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119433 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119287 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119530 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119456 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119290 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119341 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119349 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119371 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119397 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119548 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119463 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119531 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119425 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119516 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119428 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119336 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119329 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119513 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119526 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119540 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119286 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119431 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119435 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119224 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | D | D | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119388 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119449 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119381 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119360 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119450 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119333 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119345 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119228 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119355 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119413 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119295 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119472 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119256 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119235 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119382 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119576 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119554 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119350 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119522 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119347 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119230 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119565 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119557 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119555 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119453 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119310 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119405 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119334 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119387 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119454 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119330 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119447 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119246 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119299 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119471 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119483 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119377 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119479 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119309 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119451 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119363 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119487 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119486 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119490 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119485 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119489 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119468 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | B | C | B |  | A | A | A | A | A | B | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119452 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119461 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119518 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119418 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119492 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119462 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119396 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119373 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119475 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119466 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119318 | XXXX | XXXX | XXXX B |  | B | B | B | B | B | A | B | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119375 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119493 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119465 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119567 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119566 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119469 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119460 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119218 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119569 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119572 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119570 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119571 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119546 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119476 | XXXX | XXXX | XXXX D |  |  |  |  |  |  | A | D | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119553 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119550 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119558 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119383 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119394 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119474 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | XXXX B |  | B | B | B | B | B | A | B | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119470 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119562 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119409 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119459 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119563 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119480 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119351 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119366 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119551 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119539 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119414 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119432 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119457 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119561 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119404 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119448 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119311 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119267 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119501 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119200 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119533 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119574 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119481 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119458 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119484 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119534 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119545 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119499 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119437 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119523 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119541 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119543 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119477 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | XXXX B |  | B | B | B | B | B | A | B | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119213 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119219 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119498 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119497 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119505 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  |  |  |  |  |  | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119244 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119250 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119348 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119227 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119216 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119231 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | C | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119478 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119503 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119504 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119532 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119573 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  |  |  |  |  |  | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119196 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119441 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119372 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119178 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119182 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119181 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119185 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119192 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | D | D | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119189 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119190 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119175 | XXXX | XXXX | XXXX C D |  | A | A | A | A | A | A | C D | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119191 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119187 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119183 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |

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## Exhibit 99.5

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.5**

![](situs-logo.jpg)

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| |
|:---|
| **Data Compare (Non-Ignored)** |
| **Run Date - 2/18/2026 3:48:09 PM** |

---

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Mapped ID** | **Deal ID** | **Servicer Loan ID** | **Investor Loan Number** | **Field Label** | **Bid Tape Field Value** | **Field Value** | **Compare Status** | **Comment** |
| XXXX | XXXX | XXXX | XXXX | 4350119182 | XXXX | XXXX | Amortization Term | 240 | 360 | Verified | Field Value reflects Amortization Term per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119198 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119529 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119234 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119535 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119265 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119291 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119552 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119303 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119255 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119556 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119317 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119269 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350119559 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119331 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119332 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119335 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119325 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119527 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119314 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119285 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119367 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119298 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119384 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119385 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119358 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119412 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119304 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119417 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119549 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119415 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119538 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119339 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119368 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119542 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119560 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119426 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119427 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119399 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119395 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119356 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119515 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Security Instrument |
| XXXX | XXXX | XXXX | XXXX | 4350119354 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119528 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119292 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119389 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119519 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119524 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119536 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119378 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119316 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119343 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119287 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119397 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119548 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119531 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119336 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119526 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119540 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119431 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119224 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119449 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119381 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119450 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119345 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119472 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119554 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119347 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119565 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119557 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119555 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119405 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119334 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119299 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119377 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119309 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119487 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119486 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119490 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119489 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119452 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119396 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119373 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119475 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119567 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119566 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119569 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119572 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119570 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119571 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119546 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119553 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119550 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119558 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119383 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119394 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119470 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119562 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119409 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119563 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119480 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119366 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119551 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119539 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119457 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119561 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119404 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119448 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119533 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119574 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119481 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119458 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119534 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119545 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119523 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119543 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119477 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119213 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119219 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119498 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119497 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119505 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119244 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | The Bid tape Field value not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350119348 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119216 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119503 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119532 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119573 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119372 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119181 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119175 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119191 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119175 | XXXX | XXXX | Borrower FTHB | 0 |  | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119191 | XXXX | XXXX | Borrower FTHB | 0 |  | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | Borrower FTHB | 0 |  | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119196 | XXXX | XXXX | Borrower Full Name | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119198 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119529 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119234 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119535 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119265 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119291 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119552 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119303 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119255 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119556 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119269 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119324 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119559 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119331 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119288 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119332 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119335 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119325 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119327 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119527 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119314 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119285 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119367 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119298 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119384 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119385 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119358 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Security Instrument |
| XXXX | XXXX | XXXX | XXXX | 4350119412 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119304 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119417 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119549 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119277 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119415 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119252 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119538 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119339 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119368 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119542 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119560 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119426 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119427 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119399 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119395 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119356 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119515 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119354 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119528 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119292 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119389 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119519 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119524 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119536 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119378 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119343 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119287 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119397 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119548 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119531 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119336 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119526 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119540 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119224 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119388 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119449 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119381 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119450 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119345 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119413 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119472 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119256 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119576 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119554 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119347 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119565 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119557 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119555 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119310 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119405 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119334 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119299 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119377 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119309 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119487 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119486 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119490 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119489 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119452 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119418 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119396 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119373 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119475 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119567 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119569 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119572 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119570 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119571 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119546 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119553 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119550 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119558 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119383 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119394 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119470 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119562 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119409 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119563 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119480 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119366 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119551 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119539 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119457 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119561 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119404 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119448 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119533 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119574 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119481 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119458 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119534 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119545 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119523 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119543 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119477 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119213 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119219 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119498 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119497 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119505 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119244 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119348 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119216 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119503 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119532 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119573 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119372 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119175 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119191 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119198 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119529 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119234 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119535 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119265 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119291 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119552 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119303 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119255 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119556 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119269 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119559 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119331 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119332 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119335 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119325 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119527 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119314 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119285 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119367 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119298 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119384 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119385 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119358 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119412 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119304 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119417 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119549 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119415 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119538 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119339 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119368 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119542 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119560 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119426 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119427 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119399 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119395 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119356 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119515 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119354 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119528 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119292 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119389 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119519 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119524 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119536 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119378 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119343 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119287 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119397 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119548 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119531 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119336 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119526 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119540 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119224 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119449 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119381 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119450 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119345 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119472 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119554 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119347 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119565 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119557 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119555 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119405 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119334 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119299 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119377 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119309 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119487 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119486 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119490 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119489 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119452 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119396 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119373 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119475 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119567 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119566 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119569 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119572 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119570 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119571 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119546 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119553 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119550 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119558 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119383 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119394 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119470 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119562 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119409 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119563 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119480 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119366 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119551 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119539 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119457 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119561 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119448 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119533 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119574 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119481 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119458 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119534 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119545 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119523 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119543 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119477 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119213 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119219 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119498 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119497 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119505 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119244 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119348 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119216 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119503 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119532 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119573 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119372 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119223 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119241 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119337 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119403 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119426 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119270 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119286 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119381 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119533 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119372 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | Decision System | DU |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119181 | XXXX | XXXX | Decision System |  |  | Verified | Bid Tape Field Value is blank. |
| XXXX | XXXX | XXXX | XXXX | 4350119185 | XXXX | XXXX | Decision System |  |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | Decision System |  |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | Decision System |  |  | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350119189 | XXXX | XXXX | Decision System |  |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119190 | XXXX | XXXX | Decision System |  |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | Decision System |  |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | Decision System |  |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119234 | XXXX | XXXX | Doc Type | Full | 2yr Full Doc | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | Doc Type | 1yr P&L w/o Bank Statements | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350119317 | XXXX | XXXX | Doc Type | Full | 1yr Full Doc | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | XXXX | 4350119212 | XXXX | XXXX | Doc Type | 1yr 1099 | 2yr 1099 | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | Doc Type | 1yr P&L w/o Bank Statements | 12mo Bank Statement | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | Doc Type | 24mo Bank Statement | 12mo Bank Statement | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | Doc Type | 1yr 1099 | 2yr 1099 | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | Doc Type | 1yr P&L w/o Bank Statements | 2yr P&L w/o Bank Statements | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | Doc Type | 1yr 1099 | 1yr Full Doc | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119198 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119203 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119529 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119217 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119238 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119239 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119220 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119508 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119506 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119234 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119245 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119254 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119249 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119535 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119262 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119264 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119265 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119223 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119225 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119511 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119282 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119278 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119547 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119291 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119297 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119240 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119552 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119232 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119303 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119276 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119233 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119255 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119556 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119315 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119241 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119317 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119284 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119269 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119324 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119559 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119331 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119212 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119288 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119332 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119335 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119525 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119251 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119325 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119319 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119327 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119320 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119527 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119314 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119353 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119359 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119362 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119279 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119285 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119367 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119365 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119258 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119298 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119376 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119374 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119384 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119385 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119337 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119391 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119390 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119393 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119398 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119379 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119358 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119412 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119411 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119507 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119304 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119346 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119420 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119417 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119549 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119277 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119403 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119520 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119419 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119415 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119416 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119252 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119423 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119538 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119339 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119368 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119542 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119560 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119426 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119427 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119399 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119395 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119356 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119515 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119308 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119429 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119354 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119273 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119528 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119364 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119392 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119340 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119357 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119292 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119439 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119400 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119442 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119406 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119257 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119301 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119270 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119204 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119444 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119389 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119519 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119407 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119307 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119443 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119438 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119248 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119524 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119536 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119378 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119430 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119316 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119421 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119343 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119575 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119433 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119287 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119530 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119456 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119290 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119341 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119349 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119371 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119397 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119548 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119463 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119531 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119425 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119516 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119428 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119336 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119329 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119513 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119526 | XXXX | XXXX | Escrow Account | 0 | 1 |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119540 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119286 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119431 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119435 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119224 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119388 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119449 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119381 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119360 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119450 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119333 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119345 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119228 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119355 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119413 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119295 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119472 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119256 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119235 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119382 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119554 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119350 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119230 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119565 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119557 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119555 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119453 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119310 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119405 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119334 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119387 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119454 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119330 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119246 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119299 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119471 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119483 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119377 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119479 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119309 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119451 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119363 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119487 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119486 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119490 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119485 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119489 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119468 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119461 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119518 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119418 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119492 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119462 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119396 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119373 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119475 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119466 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119318 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119375 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119493 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119465 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119567 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119566 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119469 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119460 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119218 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119569 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119572 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119570 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119571 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119546 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119476 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119553 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119550 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119558 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119383 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119394 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119474 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119470 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119562 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119409 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119563 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119480 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119351 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119366 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119551 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119539 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119432 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119457 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119561 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119404 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119448 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119311 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119267 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119501 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119200 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119533 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119574 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119481 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119458 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119484 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119534 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119545 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119499 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119437 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119523 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119541 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119543 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119477 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119213 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119219 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119498 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119497 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119505 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119244 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119250 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119348 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119227 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119216 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119231 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119478 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119503 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119504 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119532 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119573 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119196 | XXXX | XXXX | First Payment Date | XXXX | XXXX | Verified | Field Value reflects First Payment Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119217 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119327 | XXXX | XXXX | Has FTHB | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119379 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119575 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119387 | XXXX | XXXX | Has FTHB | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119501 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119484 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119364 | XXXX | XXXX | Interest Only Period | 120 |  | Verified | Field Value reflects 'Interest Only Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119198 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 30 | 19.56201 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119506 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 29.262 | 26.61718 | Verified | Lender used higher debt than verified through audit |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 50.259 | 46.66339 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 39.93 | 36.38648 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119206 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 0.0001 | 26.79984 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119317 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 41.351 | 46.79544 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 43.813 | 48.08226 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119269 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 41.149 | 46.02984 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119319 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 48.543 | 42.70871 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119327 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 9.141 | 6.83825 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119353 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 25.662 | 23.07405 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 15.866 | 49.55154 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119279 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 40 |  | Verified | Field Value DTI is higher than Tape value but within 3% and < 45% DTI |
| XXXX | XXXX | XXXX | XXXX | 4350119374 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 31.223 | 26.02078 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119384 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 22.245 | 18.75777 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119385 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 22.245 | 18.81544 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119337 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 14.867 |  | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 47.789 | 49.79276 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119507 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 0.0001 | 24.85127 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 39.755 | 28.06253 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 14.542 | 26.25118 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119403 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 34.034 | 37.0326 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119520 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 0.0001 | 41.14281 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119419 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 8.608 | 44.63219 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119252 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 43.498 | 22.99357 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119356 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 6.214 | 8.67551 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 38.865 | 41.15997 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119354 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 6.182 | 18.01048 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119392 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 37.484 | 42.696 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119406 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 35.031 | 26.95828 | Verified | Field Value DTI is higher than Tape value due to Lender used lower PITIA than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 41.614 | 43.89882 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 35 | 39.06573 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119575 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 35 | 37.79717 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119433 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 4.13 | 8.64242 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119371 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 45.37 | 48.05033 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119425 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 30.919 | 17.81333 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119336 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 45 | 47.63702 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119329 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 43.982 | 34.23979 | Verified | Field Value DTI is higher than Tape value due to Lender used lower PITIA than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119576 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 35 | 31.85592 | Verified | All Income and Liabilities are updated per document |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 17.248 | 12.38989 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119451 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 21.522 | 18.46978 | Verified | Field Value DTI is higher than Tape value but not < 43% as required by QM/TQM |
| XXXX | XXXX | XXXX | XXXX | 4350119492 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 47.126 | 20.88865 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119318 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 46.998 | 34.53867 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119218 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 35 | 31.61883 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119383 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 0.0001 | 27.67935 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 30.135 | 20.12743 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119459 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 40.79 | 38.60545 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119311 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 44.1 | 48.45985 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119501 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 17.545 | 19.55752 | Verified | Match with DTI & 1008 |
| XXXX | XXXX | XXXX | XXXX | 4350119481 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 0.0001 | 29.49442 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119484 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 42.076 | 44.9209 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 25.618 | 15.66053 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119231 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 35.987 | 38.97929 | Verified | DTI Issue due to the Deposit $XXXX for the XXXX month not found in the provided Business Bank Statement. |
| XXXX | XXXX | XXXX | XXXX | 4350119478 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 18.574 | 23.18491 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 29 | 39.07022 | Verified | Field Value DTI matches 1008 DTI. |
| XXXX | XXXX | XXXX | XXXX | 4350119182 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 36.3474 | 40.33525 | Verified | 1008 DTI is lower due to using more income. (Other income of $XXXX) |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 35 | 38.03894 | Verified | Approved at 37.55% vs review DTI 38.03, within 1% tolerance |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 22.6706 | 40.13734 | Verified | Field Value DTI is within tolerance of 1008 DTI of 40.159%. |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 34.2563 | 26.37482 | Verified | Field Value DTI matches 1008 DTI |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 50 | 52.07235 | Verified | Lender Exception provided for DTI > 50% |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 24.614 | 46.62805 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119183 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 999.99 |  | Verified | DSCR loan |
| XXXX | XXXX | XXXX | XXXX | 4350119238 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Bid Tape Field Value blank. |
| XXXX | XXXX | XXXX | XXXX | 4350119508 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119234 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119254 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350119535 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119232 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119255 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119556 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119317 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119331 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119525 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119251 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119527 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119314 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119353 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119258 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119374 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119384 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119391 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119423 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119395 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119528 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119400 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119301 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119293 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119407 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119536 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119378 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119575 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119456 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119371 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119548 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119531 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119516 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119428 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119540 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119431 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119449 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119360 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119345 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119576 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119522 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119387 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119454 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119466 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119318 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119553 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119550 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119437 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119478 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119511 | XXXX | XXXX | Margin | 4 |  | Verified | Field Value reflects 'Margin' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119515 | XXXX | XXXX | Margin | 4 | 5.25 | Verified | Field Value reflects 'Margin' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119196 | XXXX | XXXX | Maturity Date | XXXX | XXXX | Verified | Field Value reflects Maturity Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119181 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Bid Tape Field Value is blank. |
| XXXX | XXXX | XXXX | XXXX | 4350119185 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119189 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119190 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119175 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119191 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | Original CLTV | 78.69 | 76.92661 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | Original CLTV | 55 | 52.17391 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119238 | XXXX | XXXX | Original CLTV | 65 | 79.44444 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | Original CLTV | 50 | 75 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119278 | XXXX | XXXX | Original CLTV | 72.653 | 78.24176 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119552 | XXXX | XXXX | Original CLTV | 51.8 | 60 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119206 | XXXX | XXXX | Original CLTV | 56.794 | 71.80617 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | Original CLTV | 70 | 75 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119332 | XXXX | XXXX | Original CLTV | 73.617 | 75 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119527 | XXXX | XXXX | Original CLTV | 65 | 61.09023 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | Original CLTV | 64.865 | 68.61111 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | Original CLTV | 75 | 73.11475 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119507 | XXXX | XXXX | Original CLTV | 80 | 75 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | Original CLTV | 75 | 65 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119542 | XXXX | XXXX | Original CLTV | 74.8139 | 70 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119560 | XXXX | XXXX | Original CLTV | 65 | 59 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119426 | XXXX | XXXX | Original CLTV | 80 | 76.92308 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | Original CLTV | 42.105 | 36.03604 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119439 | XXXX | XXXX | Original CLTV | 60.606 | 54.54545 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | Original CLTV | 64.286 | 70 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | Original CLTV | 38.971 | 48.252 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | Original CLTV | 75 | 62.5 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119316 | XXXX | XXXX | Original CLTV | 28.571 | 25.84229 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119290 | XXXX | XXXX | Original CLTV | 56.03 | 59.21474 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119546 | XXXX | XXXX | Original CLTV | 65 | 60 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119504 | XXXX | XXXX | Original CLTV | 59.649 | 64.03509 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | Original Interest Rate | 6.75 | 6.99 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119238 | XXXX | XXXX | Original Interest Rate | 7.5 | 6.875 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119508 | XXXX | XXXX | Original Interest Rate | 8.749 | 8.124 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | Original Interest Rate | 6.5 | 7.125 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | Original Interest Rate | 8.375 | 7.5 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119549 | XXXX | XXXX | Original Interest Rate | 7 | 6.875 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119520 | XXXX | XXXX | Original Interest Rate | 7.624 | 7.625 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | Original Interest Rate | 8.875 | 7.625 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119542 | XXXX | XXXX | Original Interest Rate | 7.125 | 6.875 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119248 | XXXX | XXXX | Original Interest Rate | 7.125 | 7.25 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | Original Interest Rate | 7.625 | 7.5 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119371 | XXXX | XXXX | Original Interest Rate | 7.125 | 7.49 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119360 | XXXX | XXXX | Original Interest Rate | 6.875 | 7.375 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119333 | XXXX | XXXX | Original Interest Rate | 7.625 | 8.25 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119345 | XXXX | XXXX | Original Interest Rate | 6.625 | 6.875 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119576 | XXXX | XXXX | Original Interest Rate | 8.5 | 8.49 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119565 | XXXX | XXXX | Original Interest Rate | 7.125 | 7.25 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119567 | XXXX | XXXX | Original Interest Rate | 7.125 | 7.25 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119566 | XXXX | XXXX | Original Interest Rate | 7.125 | 7.25 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119459 | XXXX | XXXX | Original Interest Rate | 7.25 | 7.125 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119351 | XXXX | XXXX | Original Interest Rate | 7.5 | 7.99 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119478 | XXXX | XXXX | Original Interest Rate | 8.125 | 9.125 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119503 | XXXX | XXXX | Original Interest Rate | 6.875 | 7.375 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | Original Interest Rate | 6.625 | 6.875 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119529 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119220 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119225 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119547 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119552 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119232 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119233 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119556 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119559 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119332 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119527 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119337 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119507 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119520 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119542 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119560 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119439 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119307 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119430 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119316 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119290 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119531 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119546 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119574 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119504 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119196 | XXXX | XXXX | Original P&I | XXXX | XXXX | Verified | Field Value reflects Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.67 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119198 | XXXX | XXXX | PITIA Reserves Months | 12 | 21.19 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | PITIA Reserves Months | 18 | 13.05 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | PITIA Reserves Months | 6 | 94.59 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119203 | XXXX | XXXX | PITIA Reserves Months | 12 | 149.1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | PITIA Reserves Months | 6 | 15.77 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119529 | XXXX | XXXX | PITIA Reserves Months | 9 | 74.07 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119217 | XXXX | XXXX | PITIA Reserves Months | 6 | 18.97 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119238 | XXXX | XXXX | PITIA Reserves Months | 6 | 40.91 | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119239 | XXXX | XXXX | PITIA Reserves Months | 12 | 16.76 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119220 | XXXX | XXXX | PITIA Reserves Months | 24 | 22.32 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119508 | XXXX | XXXX | PITIA Reserves Months | 6 | 7.57 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119506 | XXXX | XXXX | PITIA Reserves Months | 6 | 89.57 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119234 | XXXX | XXXX | PITIA Reserves Months | 6 | 16.78 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119245 | XXXX | XXXX | PITIA Reserves Months | 6 | 58.88 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | PITIA Reserves Months | 9 | 105.76 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119254 | XXXX | XXXX | PITIA Reserves Months | 12 | 20.2 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119249 | XXXX | XXXX | PITIA Reserves Months | 24 | 6.14 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119535 | XXXX | XXXX | PITIA Reserves Months | 9 | 79.92 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119262 | XXXX | XXXX | PITIA Reserves Months | 12 | 15.11 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119264 | XXXX | XXXX | PITIA Reserves Months | 6 | 14.75 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119265 | XXXX | XXXX | PITIA Reserves Months | 36 | 56.04 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.14 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119223 | XXXX | XXXX | PITIA Reserves Months | 6 | 7.28 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119225 | XXXX | XXXX | PITIA Reserves Months | 9 | 12 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119511 | XXXX | XXXX | PITIA Reserves Months | 6 | 327.43 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | PITIA Reserves Months | 12 | 3.3 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119282 | XXXX | XXXX | PITIA Reserves Months | 6 | 46.86 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | PITIA Reserves Months | 6 | 127.77 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119278 | XXXX | XXXX | PITIA Reserves Months | 6 | 18.11 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119547 | XXXX | XXXX | PITIA Reserves Months | 9 | 64.17 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | PITIA Reserves Months | 12 | 114.1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119291 | XXXX | XXXX | PITIA Reserves Months | 6 | 7.43 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | PITIA Reserves Months | 37 | 55.28 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119297 | XXXX | XXXX | PITIA Reserves Months | 6 | 12.83 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119240 | XXXX | XXXX | PITIA Reserves Months | 30 | 27.73 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119552 | XXXX | XXXX | PITIA Reserves Months | 9 | 47.57 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119232 | XXXX | XXXX | PITIA Reserves Months | 12 | 6.13 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119303 | XXXX | XXXX | PITIA Reserves Months | 6 | 14.56 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119206 | XXXX | XXXX | PITIA Reserves Months | 12 | 6.86 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119276 | XXXX | XXXX | PITIA Reserves Months | 10 | 28.45 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | PITIA Reserves Months | 6 | 23.56 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119233 | XXXX | XXXX | PITIA Reserves Months | 3 | 13.06 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119255 | XXXX | XXXX | PITIA Reserves Months | 12 | 91.97 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.05 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119556 | XXXX | XXXX | PITIA Reserves Months | 9 | 12.8 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119315 | XXXX | XXXX | PITIA Reserves Months | 12 | 53.43 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119241 | XXXX | XXXX | PITIA Reserves Months | 24 | 49.15 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119317 | XXXX | XXXX | PITIA Reserves Months | 12 | 23.51 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119284 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.2 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | PITIA Reserves Months | 95 | 108.7 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119269 | XXXX | XXXX | PITIA Reserves Months | 6 | 89.42 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119324 | XXXX | XXXX | PITIA Reserves Months | 12 | 22.68 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119559 | XXXX | XXXX | PITIA Reserves Months | 9 | 227.92 | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | XXXX | 4350119331 | XXXX | XXXX | PITIA Reserves Months | 6 | 660.25 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119212 | XXXX | XXXX | PITIA Reserves Months | 10 | 78.74 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119288 | XXXX | XXXX | PITIA Reserves Months | 12 | 41.08 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119328 | XXXX | XXXX | PITIA Reserves Months | 12 | 35.66 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119332 | XXXX | XXXX | PITIA Reserves Months | 12 | 61.42 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | PITIA Reserves Months | 12 | 6.04 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119335 | XXXX | XXXX | PITIA Reserves Months | 6 | 355.24 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119525 | XXXX | XXXX | PITIA Reserves Months | 9 | 24.64 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119251 | XXXX | XXXX | PITIA Reserves Months | 6 | 37.84 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119325 | XXXX | XXXX | PITIA Reserves Months | 24 | 24.16 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119319 | XXXX | XXXX | PITIA Reserves Months | 12 | 53.05 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119327 | XXXX | XXXX | PITIA Reserves Months | 6 | 32.7 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119320 | XXXX | XXXX | PITIA Reserves Months | 9 | 46.28 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119527 | XXXX | XXXX | PITIA Reserves Months | 9 | 27.17 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119314 | XXXX | XXXX | PITIA Reserves Months | 12 | 325.41 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | PITIA Reserves Months | 12 | 6.26 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119353 | XXXX | XXXX | PITIA Reserves Months | 12 | 18.02 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | PITIA Reserves Months | 12 | 77.41 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119359 | XXXX | XXXX | PITIA Reserves Months | 12 | 18.7 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119362 | XXXX | XXXX | PITIA Reserves Months | 6 | 22.55 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119279 | XXXX | XXXX | PITIA Reserves Months | 269 | 272.07 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119285 | XXXX | XXXX | PITIA Reserves Months | 4 | 55.49 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119367 | XXXX | XXXX | PITIA Reserves Months | 12 | 108.11 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | PITIA Reserves Months | 6 | 22.66 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119365 | XXXX | XXXX | PITIA Reserves Months | 12 | 7.95 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119258 | XXXX | XXXX | PITIA Reserves Months | 12 | 8.79 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.32 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119298 | XXXX | XXXX | PITIA Reserves Months | 12 | 36.78 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119376 | XXXX | XXXX | PITIA Reserves Months | 6 | 50.44 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119374 | XXXX | XXXX | PITIA Reserves Months | 32 | 20.15 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119384 | XXXX | XXXX | PITIA Reserves Months | 12 | 16.05 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119385 | XXXX | XXXX | PITIA Reserves Months | 12 | 12.44 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119337 | XXXX | XXXX | PITIA Reserves Months | 25 | 550.35 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119391 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.78 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119390 | XXXX | XXXX | PITIA Reserves Months | 12 | 33.46 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119393 | XXXX | XXXX | PITIA Reserves Months | 4 | 8.78 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | PITIA Reserves Months | 12 | 19.83 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | PITIA Reserves Months | 12 | 32.86 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119398 | XXXX | XXXX | PITIA Reserves Months | 6 | 98.38 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119379 | XXXX | XXXX | PITIA Reserves Months | 6 | 7.19 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119358 | XXXX | XXXX | PITIA Reserves Months | 54 | 57.46 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | PITIA Reserves Months | 9 | 17.18 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119412 | XXXX | XXXX | PITIA Reserves Months | 120 | 128.83 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119411 | XXXX | XXXX | PITIA Reserves Months | 24 | 101.1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119305 | XXXX | XXXX | PITIA Reserves Months | 12 | 98.42 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119507 | XXXX | XXXX | PITIA Reserves Months | 6 | 35.35 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | PITIA Reserves Months | 6 | 5.5 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119304 | XXXX | XXXX | PITIA Reserves Months | 6 | 147.87 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | PITIA Reserves Months | 13 | 19.39 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.3 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119346 | XXXX | XXXX | PITIA Reserves Months | 12 | 15.12 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119420 | XXXX | XXXX | PITIA Reserves Months | 6 | 239.43 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119417 | XXXX | XXXX | PITIA Reserves Months | 31 | 36.39 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119549 | XXXX | XXXX | PITIA Reserves Months | 9 | 23.41 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119369 | XXXX | XXXX | PITIA Reserves Months | 12 | 21.03 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | PITIA Reserves Months | 12 | 7.81 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119277 | XXXX | XXXX | PITIA Reserves Months | 6 | 129.39 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119403 | XXXX | XXXX | PITIA Reserves Months | 12 | 53.8 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | PITIA Reserves Months | 6 | 264.28 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119520 | XXXX | XXXX | PITIA Reserves Months | 6 | 9.61 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119419 | XXXX | XXXX | PITIA Reserves Months | 12 | 118.87 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119415 | XXXX | XXXX | PITIA Reserves Months | 12 | 78.38 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119416 | XXXX | XXXX | PITIA Reserves Months | 6 | 34.92 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | PITIA Reserves Months | 12 | 41.91 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119252 | XXXX | XXXX | PITIA Reserves Months | 6 | 9.41 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119423 | XXXX | XXXX | PITIA Reserves Months | 12 | 56.84 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119538 | XXXX | XXXX | PITIA Reserves Months | 9 | 17.31 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | PITIA Reserves Months | 9 | 78.16 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119339 | XXXX | XXXX | PITIA Reserves Months | 12 | 96.86 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119368 | XXXX | XXXX | PITIA Reserves Months | 12 | 10.84 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119542 | XXXX | XXXX | PITIA Reserves Months | 9 | 209.19 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119560 | XXXX | XXXX | PITIA Reserves Months | 9 | 30.52 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119426 | XXXX | XXXX | PITIA Reserves Months | 24 | 93.21 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119427 | XXXX | XXXX | PITIA Reserves Months | 24 | 7.87 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119399 | XXXX | XXXX | PITIA Reserves Months | 12 | 78.4 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119395 | XXXX | XXXX | PITIA Reserves Months | 265 | 369.98 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119356 | XXXX | XXXX | PITIA Reserves Months | 12 | 87.14 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119515 | XXXX | XXXX | PITIA Reserves Months | 6 | 231.61 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | PITIA Reserves Months | 6 | 29.11 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119308 | XXXX | XXXX | PITIA Reserves Months | 24 | 16.36 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119429 | XXXX | XXXX | PITIA Reserves Months | 12 | 49.36 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119354 | XXXX | XXXX | PITIA Reserves Months | 12 | 88.66 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119273 | XXXX | XXXX | PITIA Reserves Months | 6 | 20.04 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119528 | XXXX | XXXX | PITIA Reserves Months | 9 | 34.21 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119364 | XXXX | XXXX | PITIA Reserves Months | 6 | 39.47 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119392 | XXXX | XXXX | PITIA Reserves Months | 12 | 9.85 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119340 | XXXX | XXXX | PITIA Reserves Months | 7 | 12.21 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119357 | XXXX | XXXX | PITIA Reserves Months | 6 | 87.66 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119292 | XXXX | XXXX | PITIA Reserves Months | 6 | 116.46 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119439 | XXXX | XXXX | PITIA Reserves Months | 31 | 32.16 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119400 | XXXX | XXXX | PITIA Reserves Months | 6 | 136.43 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119442 | XXXX | XXXX | PITIA Reserves Months | 9 | 31.07 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119406 | XXXX | XXXX | PITIA Reserves Months | 12 | 171.69 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | PITIA Reserves Months | 6 | 5.21 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | PITIA Reserves Months | 4 | 96.48 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119257 | XXXX | XXXX | PITIA Reserves Months | 12 | 12.04 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119301 | XXXX | XXXX | PITIA Reserves Months | 9 | 3.98 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119270 | XXXX | XXXX | PITIA Reserves Months | 12 | 8.2 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119204 | XXXX | XXXX | PITIA Reserves Months | 6 | 9.64 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119293 | XXXX | XXXX | PITIA Reserves Months | 12 | 61.44 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.25 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | PITIA Reserves Months | 6 | 76.41 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119444 | XXXX | XXXX | PITIA Reserves Months | 10 | 10.03 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119389 | XXXX | XXXX | PITIA Reserves Months | 12 | 14.34 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | PITIA Reserves Months | 6 | 77.35 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119519 | XXXX | XXXX | PITIA Reserves Months | 6 | 241.31 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119407 | XXXX | XXXX | PITIA Reserves Months | 6 | 28.81 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119307 | XXXX | XXXX | PITIA Reserves Months | 12 | 40.88 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119443 | XXXX | XXXX | PITIA Reserves Months | 12 | 38.48 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119438 | XXXX | XXXX | PITIA Reserves Months | 6 | 92.2 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119248 | XXXX | XXXX | PITIA Reserves Months | 9 | 99.98 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | PITIA Reserves Months | 9 | 111.74 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119524 | XXXX | XXXX | PITIA Reserves Months | 9 | 114.49 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119536 | XXXX | XXXX | PITIA Reserves Months | 9 | 51.31 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119378 | XXXX | XXXX | PITIA Reserves Months | 12 | 51.79 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119430 | XXXX | XXXX | PITIA Reserves Months | 6 | 38.28 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119316 | XXXX | XXXX | PITIA Reserves Months | 6 | 331.25 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119421 | XXXX | XXXX | PITIA Reserves Months | 50 | 94.45 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119343 | XXXX | XXXX | PITIA Reserves Months | 9 | 59.59 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119575 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.18 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119433 | XXXX | XXXX | PITIA Reserves Months | 24 | 69.81 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119287 | XXXX | XXXX | PITIA Reserves Months | 6 | 46.11 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119530 | XXXX | XXXX | PITIA Reserves Months | 9 | 127.43 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119456 | XXXX | XXXX | PITIA Reserves Months | 12 | 225.71 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119290 | XXXX | XXXX | PITIA Reserves Months | 3 | 3.57 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119341 | XXXX | XXXX | PITIA Reserves Months | 12 | 13.45 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119349 | XXXX | XXXX | PITIA Reserves Months | 6 | 97.69 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119371 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.64 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119397 | XXXX | XXXX | PITIA Reserves Months | 200 | 234.95 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119548 | XXXX | XXXX | PITIA Reserves Months | 9 | 16.3 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119463 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.82 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119531 | XXXX | XXXX | PITIA Reserves Months | 9 | 21.49 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119425 | XXXX | XXXX | PITIA Reserves Months | 6 | 34.46 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119516 | XXXX | XXXX | PITIA Reserves Months | 11 | 28.58 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119428 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.86 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119329 | XXXX | XXXX | PITIA Reserves Months | 7 | 8.42 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119513 | XXXX | XXXX | PITIA Reserves Months | 6 | 37.52 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119526 | XXXX | XXXX | PITIA Reserves Months | 9 | 81 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119540 | XXXX | XXXX | PITIA Reserves Months | 9 | 26.24 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119286 | XXXX | XXXX | PITIA Reserves Months | 6 | 36.22 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119431 | XXXX | XXXX | PITIA Reserves Months | 12 | 17.64 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119435 | XXXX | XXXX | PITIA Reserves Months | 6 | 91.4 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119224 | XXXX | XXXX | PITIA Reserves Months | 10 | 119.62 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119388 | XXXX | XXXX | PITIA Reserves Months | 50 | 42.39 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119449 | XXXX | XXXX | PITIA Reserves Months | 217 | 209.87 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119381 | XXXX | XXXX | PITIA Reserves Months | 6 | 221.08 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119360 | XXXX | XXXX | PITIA Reserves Months | 22 | 22.42 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119450 | XXXX | XXXX | PITIA Reserves Months | 12 | 216.41 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119333 | XXXX | XXXX | PITIA Reserves Months | 13 | 8.14 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119345 | XXXX | XXXX | PITIA Reserves Months | 12 | 17.24 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119228 | XXXX | XXXX | PITIA Reserves Months | 6 | 15.95 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119355 | XXXX | XXXX | PITIA Reserves Months | 18 | 16.43 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | PITIA Reserves Months | 32 | 30.81 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119413 | XXXX | XXXX | PITIA Reserves Months | 6 | 118.11 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119295 | XXXX | XXXX | PITIA Reserves Months | 6 | 9.5 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119472 | XXXX | XXXX | PITIA Reserves Months | 12 | 41.53 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119256 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.28 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119235 | XXXX | XXXX | PITIA Reserves Months | 6 | 40.65 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119382 | XXXX | XXXX | PITIA Reserves Months | 6 | 22.46 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119576 | XXXX | XXXX | PITIA Reserves Months | 18 | 12.65 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119554 | XXXX | XXXX | PITIA Reserves Months | 9 | 88.1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119350 | XXXX | XXXX | PITIA Reserves Months | 6 | 10.88 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119522 | XXXX | XXXX | PITIA Reserves Months | 6 | 19.16 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119347 | XXXX | XXXX | PITIA Reserves Months | 6 | 91.42 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119230 | XXXX | XXXX | PITIA Reserves Months | 6 | 12.41 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119565 | XXXX | XXXX | PITIA Reserves Months | 9 | 101.72 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119557 | XXXX | XXXX | PITIA Reserves Months | 9 | 100.23 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119555 | XXXX | XXXX | PITIA Reserves Months | 9 | 17.35 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | PITIA Reserves Months | 6 | 105.37 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119453 | XXXX | XXXX | PITIA Reserves Months | 6 | 18.93 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119310 | XXXX | XXXX | PITIA Reserves Months | 6 | 42.63 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119405 | XXXX | XXXX | PITIA Reserves Months | 72 | 68.6 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119334 | XXXX | XXXX | PITIA Reserves Months | 6 | 13.6 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119387 | XXXX | XXXX | PITIA Reserves Months | 6 | 19.77 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119454 | XXXX | XXXX | PITIA Reserves Months | 12 | 261.2 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119330 | XXXX | XXXX | PITIA Reserves Months | 12 | 21.16 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119447 | XXXX | XXXX | PITIA Reserves Months | 6 | 61 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119246 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.37 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119299 | XXXX | XXXX | PITIA Reserves Months | 9 | 6.89 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | PITIA Reserves Months | 3 | 106.77 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.76 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119471 | XXXX | XXXX | PITIA Reserves Months | 10 | 7.99 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119483 | XXXX | XXXX | PITIA Reserves Months | 6 | 28.3 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119377 | XXXX | XXXX | PITIA Reserves Months | 12 | 46.41 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119479 | XXXX | XXXX | PITIA Reserves Months | 6 | 29.67 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119309 | XXXX | XXXX | PITIA Reserves Months | 6 | 19.24 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119451 | XXXX | XXXX | PITIA Reserves Months | 118 | 112.53 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119363 | XXXX | XXXX | PITIA Reserves Months | 24 | 28.49 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119487 | XXXX | XXXX | PITIA Reserves Months | 12 | 10.59 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119486 | XXXX | XXXX | PITIA Reserves Months | 12 | 10.72 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119490 | XXXX | XXXX | PITIA Reserves Months | 12 | 10.59 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119485 | XXXX | XXXX | PITIA Reserves Months | 24 | 104.32 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | PITIA Reserves Months | 12 | 10.6 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119489 | XXXX | XXXX | PITIA Reserves Months | 12 | 10.67 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119468 | XXXX | XXXX | PITIA Reserves Months | 12 | 64.13 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119452 | XXXX | XXXX | PITIA Reserves Months | 9 | 23.9 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119461 | XXXX | XXXX | PITIA Reserves Months | 12 | 28.72 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119518 | XXXX | XXXX | PITIA Reserves Months | 9 | 9.02 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119418 | XXXX | XXXX | PITIA Reserves Months | 12 | 36.63 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119492 | XXXX | XXXX | PITIA Reserves Months | 6 | 76.54 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119462 | XXXX | XXXX | PITIA Reserves Months | 12 | 10.89 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119396 | XXXX | XXXX | PITIA Reserves Months | 10 | 91.97 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119373 | XXXX | XXXX | PITIA Reserves Months | 6 | 52.51 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119475 | XXXX | XXXX | PITIA Reserves Months | 6 | 7.02 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119466 | XXXX | XXXX | PITIA Reserves Months | 12 | 90.81 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119318 | XXXX | XXXX | PITIA Reserves Months | 12 | 20.25 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119375 | XXXX | XXXX | PITIA Reserves Months | 12 | 31.1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119493 | XXXX | XXXX | PITIA Reserves Months | 12 | 10.66 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119465 | XXXX | XXXX | PITIA Reserves Months | 6 | 47.76 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119567 | XXXX | XXXX | PITIA Reserves Months | 9 | 102.91 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119566 | XXXX | XXXX | PITIA Reserves Months | 9 | 107.1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119469 | XXXX | XXXX | PITIA Reserves Months | 6 | 27.4 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119460 | XXXX | XXXX | PITIA Reserves Months | 9 | 419.36 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119218 | XXXX | XXXX | PITIA Reserves Months | 6 | 23.6 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | PITIA Reserves Months | 9 | 66.56 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119569 | XXXX | XXXX | PITIA Reserves Months | 9 | 54.3 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119572 | XXXX | XXXX | PITIA Reserves Months | 9 | 42.26 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119570 | XXXX | XXXX | PITIA Reserves Months | 9 | 30.11 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119571 | XXXX | XXXX | PITIA Reserves Months | 9 | 20.82 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119546 | XXXX | XXXX | PITIA Reserves Months | 9 | 125.78 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119476 | XXXX | XXXX | PITIA Reserves Months | 12 | 115.96 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119553 | XXXX | XXXX | PITIA Reserves Months | 9 | 26.39 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119550 | XXXX | XXXX | PITIA Reserves Months | 9 | 24.87 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119558 | XXXX | XXXX | PITIA Reserves Months | 9 | 16.01 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119383 | XXXX | XXXX | PITIA Reserves Months | 6 | 98.41 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119394 | XXXX | XXXX | PITIA Reserves Months | 6 | 94.93 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119474 | XXXX | XXXX | PITIA Reserves Months | 6 | 71.54 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | PITIA Reserves Months | 6 | 13.19 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119470 | XXXX | XXXX | PITIA Reserves Months | 12 | 11.33 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119562 | XXXX | XXXX | PITIA Reserves Months | 9 | 100.81 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119409 | XXXX | XXXX | PITIA Reserves Months | 12 | 12.92 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119459 | XXXX | XXXX | PITIA Reserves Months | 9 | 6.51 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119563 | XXXX | XXXX | PITIA Reserves Months | 9 | 28.78 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119480 | XXXX | XXXX | PITIA Reserves Months | 6 | 100.87 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119351 | XXXX | XXXX | PITIA Reserves Months | 6 | 12.79 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119366 | XXXX | XXXX | PITIA Reserves Months | 9 | 11.35 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119551 | XXXX | XXXX | PITIA Reserves Months | 9 | 18.66 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119539 | XXXX | XXXX | PITIA Reserves Months | 9 | 48.32 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119414 | XXXX | XXXX | PITIA Reserves Months | 6 | 16.18 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119432 | XXXX | XXXX | PITIA Reserves Months | 12 | 46.88 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119457 | XXXX | XXXX | PITIA Reserves Months | 12 | 25.74 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119561 | XXXX | XXXX | PITIA Reserves Months | 9 | 83.99 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119404 | XXXX | XXXX | PITIA Reserves Months | 12 | 106.64 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119448 | XXXX | XXXX | PITIA Reserves Months | 12 | 44.74 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119311 | XXXX | XXXX | PITIA Reserves Months | 25 | 9.44 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119267 | XXXX | XXXX | PITIA Reserves Months | 9 | 12.06 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | PITIA Reserves Months | 6 | 17.66 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119501 | XXXX | XXXX | PITIA Reserves Months | 9 | 10.27 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | PITIA Reserves Months | 9 | 24.25 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119200 | XXXX | XXXX | PITIA Reserves Months | 24 | 87.12 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119533 | XXXX | XXXX | PITIA Reserves Months | 9 | 30.44 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119574 | XXXX | XXXX | PITIA Reserves Months | 9 | 55.76 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119481 | XXXX | XXXX | PITIA Reserves Months | 12 | 61.16 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119458 | XXXX | XXXX | PITIA Reserves Months | 219 | 320.82 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119484 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.82 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119534 | XXXX | XXXX | PITIA Reserves Months | 9 | 21.99 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119499 | XXXX | XXXX | PITIA Reserves Months | 36 | 17.46 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119437 | XXXX | XXXX | PITIA Reserves Months | 8 | 6.9 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119523 | XXXX | XXXX | PITIA Reserves Months | 9 | 11.66 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119541 | XXXX | XXXX | PITIA Reserves Months | 9 | 13.83 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119543 | XXXX | XXXX | PITIA Reserves Months | 9 | 99.75 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119477 | XXXX | XXXX | PITIA Reserves Months | 6 | 48.69 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | PITIA Reserves Months | 15 | 7.32 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119213 | XXXX | XXXX | PITIA Reserves Months | 6 | 23.21 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119219 | XXXX | XXXX | PITIA Reserves Months | 6 | 20.68 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119498 | XXXX | XXXX | PITIA Reserves Months | 6 | 104.42 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | PITIA Reserves Months | 6 | 28.59 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119497 | XXXX | XXXX | PITIA Reserves Months | 16 | 18.31 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119505 | XXXX | XXXX | PITIA Reserves Months | 9 | 26.13 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119244 | XXXX | XXXX | PITIA Reserves Months | 24 | 22.26 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119250 | XXXX | XXXX | PITIA Reserves Months | 12 | 27.94 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119348 | XXXX | XXXX | PITIA Reserves Months | 12 | 13.29 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119227 | XXXX | XXXX | PITIA Reserves Months | 12 | 45.89 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119216 | XXXX | XXXX | PITIA Reserves Months | 6 | 91.62 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119231 | XXXX | XXXX | PITIA Reserves Months | 6 | 9.04 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119478 | XXXX | XXXX | PITIA Reserves Months | 6 | 5.74 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119503 | XXXX | XXXX | PITIA Reserves Months | 6 | 14.26 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119504 | XXXX | XXXX | PITIA Reserves Months | 6 | 136.12 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119532 | XXXX | XXXX | PITIA Reserves Months | 9 | 17.31 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119573 | XXXX | XXXX | PITIA Reserves Months | 9 | 50.03 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119441 | XXXX | XXXX | PITIA Reserves Months | 6 | 71.4 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119372 | XXXX | XXXX | PITIA Reserves Months | 6 | 127.24 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119183 | XXXX | XXXX | PITIA Reserves Months | 12 | 30.97 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119198 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119203 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119217 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119238 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119239 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119508 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119245 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119249 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119262 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119264 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119223 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note rider |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119278 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119297 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119240 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119232 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119206 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119233 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119255 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119315 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119317 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119284 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119269 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119324 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119212 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119288 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119335 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119251 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119325 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119319 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119327 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119353 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119359 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119362 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119279 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119367 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119376 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119374 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119391 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119393 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119398 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119379 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119358 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119411 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | Prepayment Penalty Period (months) | 12 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119420 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119277 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119403 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119520 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119419 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | XXXX | 4350119252 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119364 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119392 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119340 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119357 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note rider |
| XXXX | XXXX | XXXX | XXXX | 4350119406 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119301 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119204 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note rider |
| XXXX | XXXX | XXXX | XXXX | 4350119444 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119307 | XXXX | XXXX | Prepayment Penalty Period (months) | 12 | 36 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119443 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119248 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119430 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | No Prepayment details available in this file. |
| XXXX | XXXX | XXXX | XXXX | 4350119575 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119433 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119456 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119290 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119341 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119349 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value Kept as Blank |
| XXXX | XXXX | XXXX | XXXX | 4350119371 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119463 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119425 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119516 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119336 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119329 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119431 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119388 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119381 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119333 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119228 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119355 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119413 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119295 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119576 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119350 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119522 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119453 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119334 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119387 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119454 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119330 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119246 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119471 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119483 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119479 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119363 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119485 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119468 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119452 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119461 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119518 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119492 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119462 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119318 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119469 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119218 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119474 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119470 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | XXXX | 4350119409 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119459 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119351 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119551 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119539 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119311 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119267 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119501 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119484 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119499 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119437 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119213 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119244 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119216 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119231 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119504 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119441 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119203 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119238 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119220 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119508 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119506 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119234 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119245 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119535 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119262 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119264 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119223 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119225 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119511 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119232 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119255 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119556 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119317 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | XXXX | 4350119284 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119332 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119335 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119525 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119327 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119320 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119527 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119314 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119353 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119359 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119362 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119285 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119365 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119374 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119384 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119385 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119391 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119393 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119398 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119411 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119305 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119507 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119549 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119369 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119403 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119416 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119252 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119423 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119427 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119515 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119528 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119340 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119400 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119406 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119257 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119301 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119204 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119293 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119444 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119389 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119307 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119536 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119378 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119316 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119343 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119575 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119287 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119530 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119456 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119290 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119548 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119516 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119428 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119329 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119513 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119526 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119540 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119431 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119435 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119449 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119360 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119333 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119228 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119413 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119256 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119382 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119576 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119522 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119347 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119555 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119310 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119334 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119387 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119454 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119246 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119299 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119309 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119363 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119485 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119452 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119466 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119318 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119546 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119553 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119550 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119558 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119383 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119394 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119409 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119563 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119404 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119200 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119574 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119437 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119505 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119478 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119504 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119183 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119220 | XXXX | XXXX | Property Type | 2 Family | 3 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119249 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119225 | XXXX | XXXX | Property Type | Single Family Detached | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | Property Type | Condotel | Condo (High Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119269 | XXXX | XXXX | Property Type | Condotel | Condo (High Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119251 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119314 | XXXX | XXXX | Property Type | Condo | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119279 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119384 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119358 | XXXX | XXXX | Property Type | Single Family Detached | 2 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119542 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119515 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119429 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119442 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | Property Type | PUD | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119430 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119433 | XXXX | XXXX | Property Type | PUD | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119290 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119548 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119449 | XXXX | XXXX | Property Type | PUD | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119333 | XXXX | XXXX | Property Type | Single Family Detached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119345 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | Property Type | Single Family Detached | 2 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119487 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119489 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119351 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119432 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119372 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119198 | XXXX | XXXX | Purpose | Purchase | Refinance | Verified | Field Value reflects the Purpose per the Final HUD-1/Final CD |
| XXXX | XXXX | XXXX | XXXX | 4350119520 | XXXX | XXXX | Purpose | Purchase | Refinance | Verified | Field Value reflects the Purpose per the Final HUD-1/Final CD |
| XXXX | XXXX | XXXX | XXXX | 4350119225 | XXXX | XXXX | Refi Purpose | Cash-out | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > XXXX or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | XXXX | 4350119314 | XXXX | XXXX | Refi Purpose | Cash-out | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > XXXX or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | Refi Purpose | Cash-out | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > XXXX or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | XXXX | 4350119218 | XXXX | XXXX | Refi Purpose | Cash-out | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > XXXX or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | Refi Purpose | Cash-out | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > XXXX or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | XXXX | 4350119569 | XXXX | XXXX | Refi Purpose | Cash-out | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > XXXX or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | XXXX | 4350119572 | XXXX | XXXX | Refi Purpose | Cash-out | Rate/Term | Verified | Field Value reflects borrower not receiving cash out and/or paying off debts > XXXX or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | XXXX | 4350119570 | XXXX | XXXX | Refi Purpose | Cash-out | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > XXXX or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | XXXX | 4350119571 | XXXX | XXXX | Refi Purpose | Cash-out | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > XXXX or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | XXXX | 4350119505 | XXXX | XXXX | Refi Purpose | Cash-out | Rate/Term | Verified | Field Value reflects borrower not receiving cash out and/or paying off debts > XXXX or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | XXXX | 4350119508 | XXXX | XXXX | Representative FICO | 660 | 683 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119506 | XXXX | XXXX | Representative FICO | 720 | 744 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | Representative FICO | 757 | 755 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119282 | XXXX | XXXX | Representative FICO | 772 | 760 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119303 | XXXX | XXXX | Representative FICO | 694 | 700 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119556 | XXXX | XXXX | Representative FICO | 670 | 660 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119279 | XXXX | XXXX | Representative FICO | 803 | 813 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | Representative FICO | 793 | 791 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119298 | XXXX | XXXX | Representative FICO | 740 | 720 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119358 | XXXX | XXXX | Representative FICO | 759 | 757 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119507 | XXXX | XXXX | Representative FICO | 724 | 691 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | Representative FICO | 666 | 684 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119549 | XXXX | XXXX | Representative FICO | 704 | 726 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119515 | XXXX | XXXX | Representative FICO | 0 |  | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119406 | XXXX | XXXX | Representative FICO | 793 | 784 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119449 | XXXX | XXXX | Representative FICO | 759 | 753 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119295 | XXXX | XXXX | Representative FICO | 700 | 691 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119230 | XXXX | XXXX | Representative FICO | 728 | 726 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119246 | XXXX | XXXX | Representative FICO | 689 | 680 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119475 | XXXX | XXXX | Representative FICO | 806 | 779 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119498 | XXXX | XXXX | Representative FICO | 791 | 783 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | Representative FICO | 681 | 691 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | Representative FICO | 807 | 812 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119175 | XXXX | XXXX | Representative FICO | 711 | 715 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119317 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119337 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119426 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119439 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119438 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119381 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119333 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119518 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119493 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119465 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119198 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119203 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119529 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119238 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119239 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119220 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119234 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119245 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119254 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119249 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119535 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119262 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119265 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119225 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119511 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119278 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119547 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119291 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119552 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119232 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119206 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119255 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119556 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119315 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119241 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119317 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119324 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119559 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119212 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119328 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119332 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119335 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Rate and Term Refinance Transaction |
| XXXX | XXXX | XXXX | XXXX | 4350119525 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119325 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119319 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119320 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119527 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119314 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119353 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119359 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119362 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119285 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119367 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119258 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119376 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119384 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119385 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119337 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119390 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119393 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119412 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119411 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119305 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119346 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119420 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119549 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119369 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119277 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119520 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119419 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119415 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119339 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119542 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119560 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119427 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119399 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119356 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119429 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119354 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119528 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119340 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119292 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119400 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119257 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119293 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119444 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119389 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119307 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119438 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119248 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119524 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119536 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119378 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119430 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119343 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119433 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119530 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119290 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119349 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119371 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119548 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119531 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119425 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119516 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119526 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119540 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119435 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119224 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119413 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119472 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119256 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119235 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119554 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119522 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119230 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119565 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119557 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119405 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119334 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119246 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119377 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119479 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119309 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119487 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119486 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119490 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119485 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119489 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119468 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119418 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119492 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119396 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119466 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119567 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119566 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119469 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119218 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119569 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119572 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119570 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119571 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119546 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119383 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119394 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119474 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119562 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119563 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119480 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119551 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119539 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119432 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119457 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119404 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119448 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119200 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119533 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119481 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119545 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119523 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119541 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119543 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119477 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119213 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119219 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119498 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119497 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119505 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119216 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119503 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119504 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119441 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119372 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119508 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119511 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119515 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119270 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119516 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119513 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119522 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |

---

## Exhibit 99.6

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.6**

**EXECUTIVE SUMMARY**

**COLT 2026-2**

**By Clarifii LLC on February 19, 2026**

COLT 2026-2 Due Diligence Narrative Report – PagE \| 1

**CLARIFII CONTACT INFORMATION** 

---

| | |
|:---|:---|
| **Christine Aug** | &nbsp;&nbsp; **Jason Luttenberger** |
| Vice President of Due Diligence | &nbsp;&nbsp; President and Chief Operating Officer |
| Phone: 813.735.4487 | &nbsp;&nbsp; Phone: 917.742.7797 |
| 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 14 loans (the "Loans") and these loans were subsequently acquired by Lone Star Residential Acquisitions, LLC (the "Client") for the COLT 2026-2 transaction. The loans referenced in this narrative report were reviewed 11/2025 through 02/2026 by Clarifii. This narrative report provides information about the scope of work performed by Clarifii, and the results of Clarifii's review.

**ORIGINATORS**

Origination channels for the loans in this review:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Origination Channel** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Retail | &nbsp;&nbsp;5 | &nbsp;&nbsp;35.71% | &nbsp;&nbsp;$3256000.00 |
| &nbsp;&nbsp;Correspondent Flow with Delegated UW | &nbsp;&nbsp;2 | &nbsp;&nbsp;14.29% | &nbsp;&nbsp;$1200000.00 |
| &nbsp;&nbsp;Wholesale | &nbsp;&nbsp;7 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;$5608768.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**14** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$10064768.00** |

---

The Review consisted of a population of 14 loans, with an aggregate principal balance of $10,064,768.00.

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

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

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

**LOAN SAMPLING**

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

---

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

---

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

**DATA INTEGRITY**

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

---

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

---

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

---

| |
|:---|
| &nbsp;&nbsp;FHA Streamline/VA IRRL Indicator |
| &nbsp;&nbsp;First Payment Date |
| &nbsp;&nbsp;Interest Only Flag |
| &nbsp;&nbsp;Interest Only Term |
| &nbsp;&nbsp;Interest Rate |
| &nbsp;&nbsp;Investor Loan ID |
| &nbsp;&nbsp;Lien Position |
| &nbsp;&nbsp;Loan Amount |
| &nbsp;&nbsp;Loan ID |
| &nbsp;&nbsp;Loan Origination Company |
| &nbsp;&nbsp;Loan Origination Company NMLS |
| &nbsp;&nbsp;Loan Program |
| &nbsp;&nbsp;Loan Purpose |
| &nbsp;&nbsp;Loan Type |
| &nbsp;&nbsp;Maturity Date |
| &nbsp;&nbsp;Negative Amortization Flag |
| &nbsp;&nbsp;Note Date |
| &nbsp;&nbsp;Note Type |
| &nbsp;&nbsp;Number of Borrowers |
| &nbsp;&nbsp;Number of Mortgaged Properties |
| &nbsp;&nbsp;Number of Units |
| &nbsp;&nbsp;Occupancy |
| &nbsp;&nbsp;Prepayment Penalty Flag |
| &nbsp;&nbsp;Prepayment Penalty Total Term |
| &nbsp;&nbsp;Primary Appraised Property Value |
| &nbsp;&nbsp;Property Address |
| &nbsp;&nbsp;Property City |
| &nbsp;&nbsp;Property County |
| &nbsp;&nbsp;Property Rights |
| &nbsp;&nbsp;Property State |
| &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;Property Value |
| &nbsp;&nbsp;Property Zip Code |
| &nbsp;&nbsp;Qualifying CLTV |
| &nbsp;&nbsp;Qualifying FICO |
| &nbsp;&nbsp;Qualifying LTV |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio |
| &nbsp;&nbsp;Refinance Type |
| &nbsp;&nbsp;Sales Price |
| &nbsp;&nbsp;Subject Property Gross Rental income |
| &nbsp;&nbsp;Term |
| &nbsp;&nbsp;ULI |
| &nbsp;&nbsp;Verified Doc Type |

---

COLT 2026-2 Due Diligence Narrative Report – PagE \| 4

**CREDIT UNDERWRITING**

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

● **Loan Attributes** 

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

– Assets and Reserves

– Gross Income

– Lien Position

– Loan Purpose

– Housing History

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

– Monthly Debt

– Occupancy

– Property Type

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

– Debt to Income Ratio (DTI)

– Residual Income

– Debt Service Coverage Ratio (DSCR)

● **Credit Application** 

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

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

– Borrower(s) employment history

– Citizenship and eligibility

– First time home buyer status

– The application was signed by all borrowers

– The application was substantially complete

● **Credit History** 

Clarifii verified the following items:

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

– Bankruptcy and foreclosure seasoning

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

– Installment and revolving payment history

– Mortgage/Rental payment history

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

– Number of tradelines

COLT 2026-2 Due Diligence Narrative Report – PagE \| 5

– Credit Score(s) and Qualifying Score Methodology

● **Employment and Income** 

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

– Tax returns

– Financial statements

Paystubs

– IRS Form W-2s

– IRS Form 1099

– IRS documents

– Bank statements

– Lease agreements

– Award letters

– Other documentation in loan file

● **Fraud Review** 

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

– Borrower identity

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

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

– Occupancy

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

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

– Employment

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

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

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

OFAC

● **Asset Review** 

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

– Verification of deposits (VOD)

– Depository account statements

– Stock or security account statements

– Gift funds

– Settlements statements

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

– Other documentation in loan file

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

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

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

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

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

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

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

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

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

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

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

– Calculated DSCR, as required by guidelines

– Confirmed documentation requirements have been met

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

**DOCUMENT REVIEW**

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

● **Initial and Final 1003 Application** 

● **Note** 

● **Mortgage/Deed of Trust** 

● **Appraisal** 

● **Sales Contract** 

● **Title Commitment/Policy** 

● **Junior Lien/Subordination Agreement** 

● **Mortgage Insurance** 

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

● **Flood Certification** 

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

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

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

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**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)

● **Compliance Documentation Requirements** 

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

– Initial and final application (1003)

– Note, including all addendums

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

– Mortgage / Deed of Trust, including all riders

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

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

– Notice of Right to Cancel (when applicable)

– Rate Lock Date

– HOEPA Disclosures (when applicable)

– Initial Escrow Account Disclosure

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

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

COLT 2026-2 Due Diligence Narrative Report – PagE \| 8

● **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.

&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.

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

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

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

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

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

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

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

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

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

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

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

– 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).

COLT 2026-2 Due Diligence Narrative Report – PagE \| 10

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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.

COLT 2026-2 Due Diligence Narrative Report – PagE \| 11

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

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

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

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

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

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

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

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

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

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

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

● **Business Purpose Loan Compliance Review** 

– Non-Owner Occupied Declaration Disclosure

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

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

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

– Review Note accuracy and properly executed

– Review Mortgage and applicable riders for accuracy and properly executed

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

– 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.

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

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

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

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

**INDEPENDENT THIRD-PARTY VALUES**

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

**Valuation Reconciliation Process:**

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

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

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

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

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

**VALUATION RESULTS SUMMARY**

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

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Valuation Product** | &nbsp;&nbsp;**# of Files – No Hit** | &nbsp;&nbsp;**# of Files > -10% Variance to OA or Confidence < 80%** | &nbsp;&nbsp;**Number of Files within -10% of OA or Acceptable UCDP Risk Score** |
| &nbsp;&nbsp;AVM | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;BPO | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;LCA or CU Score <=2.5 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Desk Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;13 |
| &nbsp;&nbsp;Field Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Second Full Appraisal | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |

---

COLT 2026-2 Due Diligence Narrative Report – PagE \| 14

**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 |

---

COLT 2026-2 Due Diligence Narrative Report – PagE \| 15

---

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

---

**Compliance Event Grade** 

---

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

---

**CLARIFII DUE DILIGENCE RESULTS**

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

**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;6 | &nbsp;&nbsp;42.86% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;8 | &nbsp;&nbsp;57.14% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**14** | &nbsp;&nbsp;**100.00%** |

---

COLT 2026-2 Due Diligence Narrative Report – PagE \| 16

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;**11** | &nbsp;&nbsp;**78.57%** |
| &nbsp;&nbsp;**B** | &nbsp;&nbsp;**3** | &nbsp;&nbsp;**21.43%** |
| &nbsp;&nbsp;**C** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0.00%** |
| &nbsp;&nbsp;**D** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0.00%** |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**14** | &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;14 | &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;**14** | &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;9 | &nbsp;&nbsp;64.29% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;5 | &nbsp;&nbsp;35.71% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**14** | &nbsp;&nbsp;**100.00%** |

---

**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;14 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$10064768.00 |

---

COLT 2026-2 Due Diligence Narrative Report – PagE \| 17

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**14** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$10064768.00** |

---

**Occupancy**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Primary Residence | &nbsp;&nbsp;6 | &nbsp;&nbsp;42.86% | &nbsp;&nbsp;$4899000.00 |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;1 | &nbsp;&nbsp;7.14% | &nbsp;&nbsp;$297000.00 |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;7 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;$4868768.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**14** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$10064768.00** |

---

**Loan Purpose**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Refinance | &nbsp;&nbsp;10 | &nbsp;&nbsp;71.43% | &nbsp;&nbsp;$7906000.00 |
| &nbsp;&nbsp;Purchase | &nbsp;&nbsp;4 | &nbsp;&nbsp;28.57% | &nbsp;&nbsp;$2158768.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**14** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$10064768.00** |

---

**Lien Position**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$10064768.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**14** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$10064768.00** |

---

**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;14.29% | &nbsp;&nbsp;$1361000.00 |
| &nbsp;&nbsp;360 | &nbsp;&nbsp;12 | &nbsp;&nbsp;85.71% | &nbsp;&nbsp;$8703768.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**14** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$10064768.00** |

---

**DATA COMPARE RESULTS**

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

**Summary of Data Compare Results**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Data Comparison Fields** | &nbsp;&nbsp;**Loans With Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**Accuracy %** |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Amount of Other Lien | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Application Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;3 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;Balloon Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |

---

COLT 2026-2 Due Diligence Narrative Report – PagE \| 18

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Borrower 1 Any Outstanding Judgments? | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Any part of down payment borrowed? | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Bankruptcy in past 7 years? | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Birthdate | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Citizen | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Country Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Do you intend to occupy property as primary residence? | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Employer 1 Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Employer 1 Years in Line of Work | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity - Not Hispanic or Latino | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity Visual Observation or Surname | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Foreclosure in past 7 years? | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Has there been ownership in a property in last 3 yrs | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Borrower 1 How was title held? | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Marital Status | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Name of Employer1 | &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;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Race - White | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Rent or Own | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Self-Employment Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Sex - Female | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Sex - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Sex - Male | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 SSN | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Telephone Interview | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Years in Current Home | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Calculated DSCR | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Cash Disbursement Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;7 | &nbsp;&nbsp;71.43% |
| &nbsp;&nbsp;Closing/Settlement Date | &nbsp;&nbsp;8 | &nbsp;&nbsp;10 | &nbsp;&nbsp;20.00% |
| &nbsp;&nbsp;FHA Streamline/VA IRRL Indicator | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Only Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Rate | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Investor Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;13 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |

---

COLT 2026-2 Due Diligence Narrative Report – PagE \| 19

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Loan Origination Company | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Origination Company NMLS | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Negative Amortization Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Note Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Number of Borrowers | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Number of Mortgaged Properties | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Number of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Prepayment Penalty Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Prepayment Penalty Total Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Primary Appraised Property Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;11 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property City | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property County | &nbsp;&nbsp;0 | &nbsp;&nbsp;13 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Rights | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property State | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;12 | &nbsp;&nbsp;91.67% |
| &nbsp;&nbsp;Property Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;11 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;11 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;2 | &nbsp;&nbsp;11 | &nbsp;&nbsp;81.82% |
| &nbsp;&nbsp;Refinance Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Subject Property Gross Rental income | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;11 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;ULI | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Verified Doc Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &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

COLT 2026-2 Due Diligence Narrative Report – PagE \| 20

&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.*© 2026 Clarifii LLC. All rights reserved.

COLT 2026-2 Due Diligence Narrative Report – PagE \| 21

## Exhibit 99.7

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.7**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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| **Loan ID** | **Mapped ID** | **Deal 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** |
| XXXX | XXXX | 4350119590 | XXXX | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Reserve requirements are waived for Rate-And-Term Refinance transactions when:<br> • The transaction results in a reduction to the monthly principal and interest payment of 10% or greater AND housing history is 1x30x12 or better. Waiver not eligible for DTI greater than 50%. For an Interest Only loan, the reduction is based on the amortizing payment used for loan qualification. Prior P & I $XXXX new P & I $XXXX- Due Diligence Vendor-01/23/XXXX <br> Open-Audited Reserves of 0.28 month(s) are less than Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-01/23/XXXX <br> Counter-Received Asset Calculator. File submitted at XXXX that require 9 months reserves. - Due Diligence Vendor-12/02/2025 <br> Ready for Review-Document Uploaded. Please see the note in red, then review the main guidelines page XXXX 9.3 RESERVES for clarification on this. Thank you - Seller-11/28/2025 <br> Open-Audited Reserves of 0.28 month(s) are less than Guideline Required Reserves of 9 month(s) Audit included the one asset account presented in file. - Due Diligence Vendor-11/19/2025 | Ready for Review-Document Uploaded. Please see the note in red, then review the main guidelines page XXXX 9.3 RESERVES for clarification on this. Thank you - Seller-11/28/2025 | Resolved-Reserve requirements are waived for Rate-And-Term Refinance transactions when:<br> • The transaction results in a reduction to the monthly principal and interest payment of 10% or greater AND housing history is 1x30x12 or better. Waiver not eligible for DTI greater than 50%. For an Interest Only loan, the reduction is based on the amortizing payment used for loan qualification. Prior P & I $XXXX new P & I $XXXX - Due Diligence Vendor-01/23/2026 | Residual Income =/> 1.5 times $XXXXmonthly residual income - Residual of $XXXX+ exceeds $XXXX<br> Qualifying DTI below maximum allowed - Required is 55 Borrower has 40.67 |  | email regarding reserves.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | XXXX |
| XXXX | XXXX | 4350119590 | XXXX | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-A copy of the Scrivener Affidavit for the correcting spelling of the business was provided. - Due Diligence Vendor-01/12/XXXX <br> Ready for Review-Document Uploaded. - Seller-01/09/XXXX <br> Open-Property Title Issue Corporation name on note and mortgage does not match corporation on title (PDF XXXX). Corporation on note and mortgage have spaces in the corporation name and title presents name with no spacing. a=Additional findings may apply. - Due Diligence Vendor-11/19/2025 | Ready for Review-Document Uploaded. - Seller-01/09/2026<br>| Resolved-A copy of the Scrivener Affidavit for the correcting spelling of the business was provided. - Due Diligence Vendor-01/12/2026<br>| Residual Income =/> 1.5 times $XXXXmonthly residual income - Residual of $XXXX+ exceeds $XXXX<br> Qualifying DTI below maximum allowed - Required is 55 Borrower has 40.67 |  | RECORDED XXXX AFFIDAVIT Loan No.XXXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | XXXX |
| XXXX | XXXX | 4350119590 | XXXX | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Received Statement and recalculated the DTI. - Due Diligence Vendor-01/08/XXXX <br> Ready for Review-Document Uploaded. The XXXX account was already added to the DTI - Please see the XXXX account. XXXX = XXXX. I added again and highlighted the area - Seller-01/06/XXXX <br> Counter-Please provide the XXXX for the XXXX Card. DTI to be recalculated once received. - Due Diligence Vendor-12/22/2025 <br> Ready for Review-Document Uploaded. - Seller-12/19/2025 <br> Counter-New debt statement for the inquiry on 11/13 provided. Please provide on LOE for the remaining inquiries. - Due Diligence Vendor-12/09/2025 <br> Ready for Review-Document Uploaded. - Seller-12/05/2025 <br> Open-LOX for credit inquiries is missing. Missing LOX for the XXXX, XXXX, XXXX, and XXXX inquiries on XXXX credit report (PDF XXXX). - Due Diligence Vendor-11/19/2025 | Ready for Review-Document Uploaded. The XXXX account was already added to the DTI - Please see the XXXX account. XXXX = XXXX. I added again and highlighted the area - Seller-01/06/2026 <br> Ready for Review-Document Uploaded. - Seller-12/19/2025 <br> Ready for Review-Document Uploaded. - Seller-12/05/2025 | Resolved-Received Statement and recalculated the DTI. - Due Diligence Vendor-01/08/2026<br>| Residual Income =/> 1.5 times $XXXXmonthly residual income - Residual of $XXXX+ exceeds $XXXX<br> Qualifying DTI below maximum allowed - Required is 55 Borrower has 40.67 |  | Revised 1008 and 1003 - XXXX.pdf<br> Revised 1008 and 1003 - XXXX.pdf<br> XXXX_Statement_XXXX.pdf<br> New Credit Inquriy revised - signed (1).pdf<br> XXXX acct added to debt.pdf<br> XXXX (002).pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | XXXX |
| XXXX | XXXX | 4350119590 | XXXX | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received documentation to support the borrower does not have ownership. - Due Diligence Vendor-12/09/2025 <br> Ready for Review-Document Uploaded. - Seller-12/05/2025 <br> Open-Fraud Report Shows Uncleared Alerts Fraud report (PDF XXXX) reports that borrower owns property identified on 1003 as primary residence where he resides rent free (PDF XXXX). Either provide evidence that borrower does not have ownership interest or provided evidence of PITIA to be included and DTI recalculated. Additionally, if owned by borrower, provide 12-month mortgage history (of applicable) meeting guideline requirements. Additional findings may apply. - Due Diligence Vendor-11/19/2025 | Ready for Review-Document Uploaded. - Seller-12/05/2025<br>| Resolved-Received documentation to support the borrower does not have ownership. - Due Diligence Vendor-12/09/2025<br>| Residual Income =/> 1.5 times $XXXXmonthly residual income - Residual of $XXXX+ exceeds $XXXX<br> Qualifying DTI below maximum allowed - Required is 55 Borrower has 40.67 |  | what does rem mean on a property tax statement - Google Search.pdf<br> Property detailed report - XXXX.pdf<br> Property detailed report - XXXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | XXXX |
| XXXX | XXXX | 4350119590 | XXXX | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Received written consent to refinance real estate and existing Note confirming the property is owned by the corporation. - Due Diligence Vendor-12/08/2025 <br> Ready for Review-Document Uploaded. - Seller-11/28/2025 <br> Ready for Review-Document Uploaded. - Seller-11/28/2025 <br> Open-Per guidelines, to vest ownership in an Entity, business purpose and activities are limited to ownership and management of real estate. XXXX (PDF XXXX) provided in file notes corporation is XXXX.<br> - Due Diligence Vendor-11/19/2025 | Ready for Review-Document Uploaded. - Seller-11/28/2025 <br>Ready for Review-Document Uploaded. - Seller-11/28/2025<br>| Resolved-Received written consent to refinance real estate and existing Note confirming the property is owned by the corporation. - Due Diligence Vendor-12/08/2025<br>| Residual Income =/> 1.5 times $XXXXmonthly residual income - Residual of $XXXX+ exceeds $XXXX<br> Qualifying DTI below maximum allowed - Required is 55 Borrower has 40.67 |  | authorization to purchase real estate under the business..pdf<br> mortgage currently in XXXX name.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | XXXX |
| XXXX | XXXX | 4350119578 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Required Spousal Consent to Pledge form is missing | Resolved-After further review, this is not required per the lender's guides. - Due Diligence Vendor-01/06/XXXX <br>Open-The required spousal consent to pledge form is missing. - Due Diligence Vendor-12/16/2025 |  | Resolved-After further review, this is not required per the lender's guides. - Due Diligence Vendor-01/06/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - 736 FICO; 680 required<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 38.78<br>Months Reserves exceed minimum required - 4 months reserves required, 17 months provided. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Second Home | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | XXXX |
| XXXX | XXXX | 4350119578 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received Gap report. - Due Diligence Vendor-12/22/2025 <br>Ready for Review-Document Uploaded. Soft pull attached - Seller-12/19/2025 <br>Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-12/16/2025 | Ready for Review-Document Uploaded. Soft pull attached - Seller-12/19/2025<br>| Resolved-Received Gap report. - Due Diligence Vendor-12/22/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - 736 FICO; 680 required<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 38.78<br>Months Reserves exceed minimum required - 4 months reserves required, 17 months provided. |  | Credit_Report_XXXXXs.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Second Home | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | XXXX |
| XXXX | XXXX | 4350119578 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-12/15/2025 |  | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-12/15/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - 736 FICO; 680 required<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 38.78<br>Months Reserves exceed minimum required - 4 months reserves required, 17 months provided. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Second Home | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | XXXX |
| XXXX | XXXX | 4350119579 | XXXX | XXXX A |  | XXXX | XXXX | XXXX |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other |  |  | XXXX |
| XXXX | XXXX | 4350119580 | XXXX | XXXX D A C | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Appraisal is Missing | Resolved-Received 1073 with signature date XXXX reflecting subject to - Due Diligence Vendor-01/12/XXXX <br> Ready for Review-Document Uploaded. Please refer to the last page of the uploaded report. - Seller-01/08/XXXX <br> Counter-Received appraisal reflecting value of $XXXX. Provide desk review supporting final appraisal of $XXXX value. - Due Diligence Vendor-01/02/XXXX <br> Ready for Review-Document Uploaded. - Seller-12/30/2025 <br> Open-Appraisal is Missing Missing Appraisal completed XXXX, value $XXXX. Review valuation products (CDA, CU, and LCA) and Appraisal 1004D XXXX in file based on value of $XXXX. However, Appraisal in file, completed by the same Appraiser on XXXX reflects value of $XXXX. - Due Diligence Vendor-12/30/2025 | Ready for Review-Document Uploaded. Please refer to the last page of the uploaded report. - Seller-01/08/2026 <br>Ready for Review-Document Uploaded. - Seller-12/30/2025<br>| Resolved-Received 1073 with signature date XXXX reflecting subject to - Due Diligence Vendor-01/12/2026 | Qualifying FICO score is at least 20 points above minimum for program - Required is 660. Borrower has 766. Required is 660 Borrower has 766<br>LTV is less than guideline maximum - Required is 75. Borrower has 65. Required is 75 Borrower has 65 |  | appraisal report.pdf<br> appraisal.pdf<br> XXXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | XXXX | 4350119580 | XXXX | XXXX D A C | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Property | Appraisal | Subject property appraisal is not on an as-is basis (Primary Value) | Resolved-Received 1004d final inspection. - Due Diligence Vendor-01/14/XXXX <br>Ready for Review-Document Uploaded. - Seller-01/13/XXXX <br>Open-Primary Value Subject Property Appraisal is not on an As-Is Basis and Completion Report (1004D) is not Present - Due Diligence Vendor-01/12/XXXX | Ready for Review-Document Uploaded. - Seller-01/13/2026<br>| Resolved-Received 1004d final inspection. - Due Diligence Vendor-01/14/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660. Borrower has 766. Required is 660 Borrower has 766<br>LTV is less than guideline maximum - Required is 75. Borrower has 65. Required is 75 Borrower has 65 |  | 1004D.PDF | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | XXXX | 4350119580 | XXXX | XXXX D A C | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Condo does not meet requirements | Resolved-Updated condo questionnaire provided confirming the subject phase is substantially complete. - Due Diligence Vendor-01/28/XXXX <br>Ready for Review-Document Uploaded. Please review the updated Condo Questionnaire confirmed by HOA. - Seller-01/28/XXXX <br>Counter-Received questionnaire with "substantially completed?" added. Finding remains. - Due Diligence Vendor-01/12/XXXX <br>Ready for Review-Document Uploaded. Please review the Condo cert and highlighted section. It is already included in the package. - Seller-01/08/XXXX <br>Open-Subject condo unit new build, overall condo project is incomplete, XXXX. Non-warrantable condo - Due Diligence Vendor-01/05/XXXX | Ready for Review-Document Uploaded. Please review the updated Condo Questionnaire confirmed by HOA. - Seller-01/28/2026 <br>Ready for Review-Document Uploaded. Please review the Condo cert and highlighted section. It is already included in the package. - Seller-01/08/2026<br>| Resolved-Updated condo questionnaire provided confirming the subject phase is substantially complete. - Due Diligence Vendor-01/28/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660. Borrower has 766. Required is 660 Borrower has 766<br>LTV is less than guideline maximum - Required is 75. Borrower has 65. Required is 75 Borrower has 65 |  | Condo Cert.pdf<br>Updated Condo Questionnaire.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | XXXX | 4350119577 | XXXX | XXXX C B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-PCCD showing disbursement is XXXX. - Due Diligence Vendor-01/07/XXXX <br> Ready for Review-Document Uploaded. PCCD attached showing disbursement is XXXX please clear condition - Seller-01/03/XXXX <br> Open-Hazard Insurance Effective Date of XXXX is after the Note Date of XXXX - Due Diligence Vendor-12/24/2025 | Ready for Review-Document Uploaded. PCCD attached showing disbursement is XXXX please clear condition - Seller-01/03/2026 | Resolved-PCCD showing disbursement is XXXX. - Due Diligence Vendor-01/07/2026 | Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 683 Required is 660 Borrower has 683<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 36.12 Required is 49.99 Borrower has 36.12 |  | Post_CD_XXXX_XXXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | XXXX |
| XXXX | XXXX | 4350119577 | XXXX | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-12/22/2025 |  | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-12/22/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 683 Required is 660 Borrower has 683<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 36.12 Required is 49.99 Borrower has 36.12 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | Originator Post-Close | No | XXXX |
| XXXX | XXXX | 4350119581 | XXXX | XXXX D A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Upon further review, the loan file contained all required primary housing documentation. - Due Diligence Vendor-01/08/XXXX <br> Ready for Review-Please remove condition. or could you please clarify why a rent-free letter is required for the borrower? She owned and lived at XXXX for two years and two months. - Seller-01/07/XXXX <br> Open-Housing History Does Not Meet Guideline Requirements Rent Free/ Expenses Free letter required - for primary resident - Due Diligence Vendor-12/31/2025 | Ready for Review-Please remove condition. or could you please clarify why a rent-free letter is required for the borrower? She owned and lived at XXXX for two years and two months. - Seller-01/07/2026 | Resolved-Upon further review, the loan file contained all required primary housing documentation. - Due Diligence Vendor-01/08/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 776 Required is 660 Borrower has 776<br>LTV is less than guideline maximum - Required is 75 Borrower has 60 Required is 75 Borrower has 60 |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | XXXX | 4350119581 | XXXX | XXXX D A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Received complete fraud report and supporting documentation. - Due Diligence Vendor-01/08/XXXX <br>Ready for Review-Document Uploaded. plesae see attached - Seller-01/07/XXXX <br>Counter-Received Fraud Alert Summary. Missing UW Cert w/ manager approval for Fraud Score >800. - Due Diligence Vendor-01/06/XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-01/05/XXXX <br>Open-Third Party Fraud Report Partially Provided Fraud Score 851 missing UW Cert w/ manager approval - Due Diligence Vendor-12/31/2025 | Ready for Review-Document Uploaded. plesae see attached - Seller-01/07/2026 <br>Ready for Review-Document Uploaded. Please see attached - Seller-01/05/2026<br>| Resolved-Received complete fraud report and supporting documentation. - Due Diligence Vendor-01/08/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 776 Required is 660 Borrower has 776<br>LTV is less than guideline maximum - Required is 75 Borrower has 60 Required is 75 Borrower has 60 |  | XXXX-alert summary.PDF<br> UW CERT.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | XXXX | 4350119583 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Right of Rescission is Missing | Resolved-Received signed Right of Rescission. Finding Resolved. - Due Diligence Vendor-02/03/XXXX <br> Ready for Review-please see attached and clear - Seller-01/30/XXXX <br> Ready for Review-Document Uploaded. - Seller-01/30/XXXX <br> Counter------Received PCCD XXXX. Provide missing executed Right of Rescission. - Due Diligence Vendor-01/15/XXXX <br> Ready for Review-Document Uploaded. PCCD attached - Seller-01/14/XXXX <br> Open-Right of Rescission is Missing Provide the executed Right of Recission. - Due Diligence Vendor-01/06/XXXX | Ready for Review-please see attached and clear - Seller-01/30/2026 <br>Ready for Review-Document Uploaded. - Seller-01/30/2026 <br>Ready for Review-Document Uploaded. PCCD attached - Seller-01/14/2026<br>| Resolved-Received signed Right of Rescission. Finding Resolved. - Due Diligence Vendor-02/03/2026<br>| Months Reserves exceed minimum required - 29.13mos reserves. Per guides, 4 reserves required<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 17.32 |  | Post_CD_XXXX_XXXX.pdf<br> notice right to cancel.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | 4350119583 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That In Total Cannot Increase More Than 10% Test | Resolved-------Received COC for increase in fees. Finding Resolved. - Due Diligence Vendor-01/26/XXXX <br> Ready for Review-we disclosed it separately on Locked and and combined on ICD, combined amount in ICD is even lower so I dont see any issues still please clear last condition - Seller-01/22/XXXX <br> Ready for Review------Received COC XXXX, missing purpose for COC. Finding remains. - Due Diligence Vendor-01/15/XXXX <br> Ready for Review-Document Uploaded. COC re attaching - Seller-01/14/XXXX <br> Ready for Review-can you elaborate which fees are you pertaining ? - Seller-01/14/XXXX <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% ($XXXX) exceed the comparable charges ($XXXX) 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). ----- Ten (10%) tolerance fees (Recording Fee) increased by $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 $XXXX post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - 3 Year(s); Expiration Date: XXXX. - Due Diligence Vendor-01/06/XXXX | Ready for Review-we disclosed it separately on Locked and and combined on ICD, combined amount in ICD is even lower so I dont see any issues still please clear last condition - Seller-01/22/2026 <br>Ready for Review-Document Uploaded. COC re attaching - Seller-01/14/2026 <br>Ready for Review-can you elaborate which fees are you pertaining ? - Seller-01/14/2026<br>| Resolved-------Received COC for increase in fees. Finding Resolved. - Due Diligence Vendor-01/26/2026<br>| Months Reserves exceed minimum required - 29.13mos reserves. Per guides, 4 reserves required<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 17.32 |  | XXXX-COC Form.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | 4350119583 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-01/14/XXXX <br>Ready for Review-Document Uploaded. Soft pull attached - Seller-01/12/XXXX <br>Open-Borrower 1 Gap Credit Report is Missing Missing Gap Credit Report - Due Diligence Vendor-01/06/XXXX | Ready for Review-Document Uploaded. Soft pull attached - Seller-01/12/2026<br>| Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-01/14/2026<br>| Months Reserves exceed minimum required - 29.13mos reserves. Per guides, 4 reserves required<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 17.32 |  | Credit_Report_XXXXp.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | 4350119583 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings. - Due Diligence Vendor-01/06/XXXX |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings. - Due Diligence Vendor-01/06/2026<br>| Months Reserves exceed minimum required - 29.13mos reserves. Per guides, 4 reserves required<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 17.32 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | XXXX |
| XXXX | XXXX | 4350119582 | XXXX | XXXX D A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received Gap Report. - Due Diligence Vendor-01/14/XXXX <br>Ready for Review-Document Uploaded. Soft pull attached - Seller-01/12/XXXX <br>Open-Borrower 1 Gap Credit Report is Missing Missing Gap Credit Report - Due Diligence Vendor-01/07/XXXX | Ready for Review-Document Uploaded. Soft pull attached - Seller-01/12/2026<br>| Resolved-Received Gap Report. - Due Diligence Vendor-01/14/2026<br>| LTV is less than guideline maximum - Required is 75 Borrower has 56.45<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 43.84 |  | Credit_Report_XXXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | 4350119585 | XXXX | XXXX B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br>- Due Diligence Vendor-12/24/2025 |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br>- Due Diligence Vendor-12/24/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 720<br>LTV is less than guideline maximum - Required is 80 Borrower has 59.52 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | XXXX |
| XXXX | XXXX | 4350119584 | XXXX | XXXX C B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-01/08/XXXX <br>Ready for Review-Document Uploaded. - Seller-01/06/XXXX <br>Counter-Received Legal Description. Please provide chain to confirm legal recorded with Deed of Trust. - Due Diligence Vendor-01/05/XXXX <br>Ready for Review-Document Uploaded. - Seller-01/04/XXXX <br>Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Legal Description; Exhibit A - Due Diligence Vendor-12/24/2025 | Ready for Review-Document Uploaded. - Seller-01/06/2026 <br>Ready for Review-Document Uploaded. - Seller-01/04/2026<br>| Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-01/08/2026<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 40.12<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 755<br>LTV is less than guideline maximum - Required is 70 Borrower has 64.36 |  | Exhibit A (Legal Description) (1).pdf<br> DOT_Recorded.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | 4350119584 | XXXX | XXXX C B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Right to Rescind | TILA Right of Rescission Test | Resolved-----Received PCCD dated XXXX. Finding Resolved. - Due Diligence Vendor-01/05/XXXX <br> Ready for Review-Document Uploaded. - Seller-01/02/XXXX <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. - Due Diligence Vendor-12/24/2025 | Ready for Review-Document Uploaded. - Seller-01/02/2026<br>| Resolved-----Received PCCD dated XXXX. Finding Resolved. - Due Diligence Vendor-01/05/2026 | Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 40.12<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 755<br>LTV is less than guideline maximum - Required is 70 Borrower has 64.36 |  | XXXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | 4350119584 | XXXX | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings. - Due Diligence Vendor-12/24/2025 |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings. - Due Diligence Vendor-12/24/2025<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 40.12<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 755<br>LTV is less than guideline maximum - Required is 70 Borrower has 64.36 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | XXXX |
| XXXX | XXXX | 4350119588 | XXXX | XXXX C B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | The Final SELLER CD/HUD is missing | Resolved-Received Seller HUD-1 - Due Diligence Vendor-01/14/XXXX <br>Ready for Review-Document Uploaded. seller fees are also showing on this settlement statement which was delivered with the closing package - Seller-01/12/XXXX <br>Open-The Final SELLER CD/HUD is missing. - Due Diligence Vendor-01/12/XXXX | Ready for Review-Document Uploaded. seller fees are also showing on this settlement statement which was delivered with the closing package - Seller-01/12/2026<br>| Resolved-Received Seller HUD-1 - Due Diligence Vendor-01/14/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Rule False Guides require 700 credit score, borrower has 722<br>Months Reserves exceed minimum required - Guides require 6 months, borrower has 37 months |  | XXXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | N/A | N/A | XXXX |
| XXXX | XXXX | 4350119588 | XXXX | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Originator exception granted to allow . Non-material waiver applied with comp factors. Deemed non-material due to borrower having funds in alternate savings account to draw upon. - Due Diligence Vendor-01/12/XXXX <br>Open-Multiple times checking account goes negative on business bank statement cash flow. XXXX. - Due Diligence Vendor-01/12/XXXX |  | Waived-Originator exception granted to allow . Non-material waiver applied with comp factors. Deemed non-material due to borrower having funds in alternate savings account to draw upon. - Due Diligence Vendor-01/12/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Rule False Guides require 700 credit score, borrower has 722<br>Months Reserves exceed minimum required - Guides require 6 months, borrower has 37 months | Reserves 12+ months over required<br> Long term employment 5+ years<br> Long term homeownership 5+ years |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Purchase | NA | Originator Post-Close | Yes | XXXX |
| XXXX | XXXX | 4350119586 | XXXX | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 2 Does Not Meet Guideline Requirements | Resolved-Received Wire receipt and CD confirming $XXXX gift. - Due Diligence Vendor-01/22/XXXX <br> Ready for Review-Document Uploaded. - Seller-01/20/XXXX <br> Open-Asset Record 2 Does Not Meet G/L Requirements Missing proof of Gift funds ($XXXX) wired to closing. Final CD XXXX does not reflect receipt of Donor funds. - Due Diligence Vendor-01/16/XXXX | Ready for Review-Document Uploaded. - Seller-01/20/2026<br>| Resolved-Received Wire receipt and CD confirming $XXXX gift. - Due Diligence Vendor-01/22/2026 | Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 26.15<br>Long term residence - Long Term Residence = 5+ years<br>Credit history exceeds minimum required - Credit History = 159 Months Minimum Credit History = 24 Months |  | Post_CD_XXXX.pdf<br> Pages from XXXX_Closing Fundsdd.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | 4350119586 | XXXX | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 3 Does Not Meet Guideline Requirements | Resolved-Received Receipt and CD confirming receipt of XXXX gift. - Due Diligence Vendor-01/22/XXXX <br> Ready for Review-Document Uploaded. - Seller-01/20/XXXX <br> Open-Asset Record 3 Does Not Meet G/L Requirements Missing proof of Gift funds ($10K) wired to closing. Final CD XXXX does not reflect receipt of Donor funds. - Due Diligence Vendor-01/16/XXXX | Ready for Review-Document Uploaded. - Seller-01/20/2026<br>| Resolved-Received Receipt and CD confirming receipt of XXXX gift. - Due Diligence Vendor-01/22/2026 | Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 26.15<br>Long term residence - Long Term Residence = 5+ years<br>Credit history exceeds minimum required - Credit History = 159 Months Minimum Credit History = 24 Months |  | XXXX_Closing Funds.pdf<br> Post_CD_XXXX_XXXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | 4350119586 | XXXX | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Per title and the fraud report, he loan is only vested int he borrower's name since XXXX - Due Diligence Vendor-01/21/XXXX <br> Open-Property Title Issue Missing Grant Deed for vesting change at closing to Borr married as sole an separate property. Original vesting Borr and spouse as joint tenants. - Due Diligence Vendor-01/16/XXXX |  | Resolved-Per title and the fraud report, he loan is only vested int he borrower's name since XXXX - Due Diligence Vendor-01/21/2026 | Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 26.15<br>Long term residence - Long Term Residence = 5+ years<br>Credit history exceeds minimum required - Credit History = 159 Months Minimum Credit History = 24 Months |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | 4350119587 | XXXX | XXXX D B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material D B | Credit | Missing Doc | Condo Master Insurance Policy is Partial | Waived-Originator exception granted to allow insufficient wind insurance. non-material waiver. XXXX XXXX per occurrence acceptable i XXXX. - Due Diligence Vendor-02/02/XXXX <br> Open-Condo Master Insurance Policy Partially Provided Condotel short required coverage:<br> Replacement cost $XXXX per master policy<br> Flood project coverage at $XXXX/XXXX units = $XXXX per unit short of the $XXXX requirement<br> Windstorm coverage at $XXXX short of the above replacement coverage<br> - Due Diligence Vendor-02/02/XXXX |  | Waived-Originator exception granted to allow insufficient wind insurance. non-material waiver. XXXX per occurrence acceptable i XXXX. - Due Diligence Vendor-02/02/2026 | LTV is less than guideline maximum - Required is 75 Borrower has 30.77<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 772 | LTV 10% or more less than max allowed<br> FICO 20 points over minimum required |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | XXXX |
| XXXX | XXXX | 4350119589 | XXXX | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Originator exception granted to allow primary home vested in a corporation . Non-material waiver applied with comp factors. Deemed non-material due to borrower signed a guaranty to the note and has been in the subject home 10 years<br> - Due Diligence Vendor-02/06/XXXX <br>Open-Borrower and her husband prefer to keep the home in the corp on advice from accountant and attorney. - Due Diligence Vendor-02/06/XXXX |  | Waived-Originator exception granted to allow primary home vested in a corporation . Non-material waiver applied with comp factors. Deemed non-material due to borrower signed a guaranty to the note and has been in the subject home 10 years<br> - Due Diligence Vendor-02/06/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 709<br>LTV is less than guideline maximum - Required is 75 Borrower has 70<br>Months Reserves exceed minimum required - 6 required and borrower has 68 months<br>Verified employment history exceeds guidelines - 10+ years owning same business. | 12+ months reserves over requirement<br> > 5 years employment<br> Minimal consumer debt |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | Yes | XXXX |

---

## Exhibit 99.8

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.8**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Mapped ID** | **Seller Loan ID** | **Deal ID** | **Investor Loan ID** | **Original Loan Amount** |
| XXXX | XXXX | XXXX | 4350119590 | XXXX | XXXX C A |
| XXXX | XXXX | XXXX | 4350119578 | XXXX | XXXX D B A |
| XXXX | XXXX | XXXX | 4350119579 | XXXX | XXXX A |
| XXXX | XXXX | XXXX | 4350119580 | XXXX | XXXX C A D |
| XXXX | XXXX | XXXX | 4350119577 | XXXX | XXXX C B A |
| XXXX | XXXX | XXXX | 4350119581 | XXXX | XXXX D A |
| XXXX | XXXX | XXXX | 4350119583 | XXXX | XXXX D A B |
| XXXX | XXXX | XXXX | 4350119582 | XXXX | XXXX D A |
| XXXX | XXXX | XXXX | 4350119585 | XXXX | XXXX A B |
| XXXX | XXXX | XXXX | 4350119584 | XXXX | XXXX C A B |
| XXXX | XXXX | XXXX | 4350119588 | XXXX | XXXX C A B |
| XXXX | XXXX | XXXX | 4350119586 | XXXX | XXXX C A |
| XXXX | XXXX | XXXX | 4350119587 | XXXX | XXXX D A B |
| XXXX | XXXX | XXXX | 4350119589 | XXXX | XXXX C A B |

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## Exhibit 99.9

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.9**

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| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Mapped ID** | **Seller Loan ID** | **Deal ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | XXXX | XXXX | 4350119590 | XXXX | XXXX | Calculated DSCR | diligenceFinalLookPage | 0 | 0.635090799 | Audit value per loan submitted with P&L income. |
| XXXX | XXXX | XXXX | 4350119578 | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | per final cd |
| XXXX | XXXX | XXXX | 4350119578 | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 38.78 | 36.59 | Audit's income slightly lower than lender's. Took 12 mos avg of 2024 rather than 2024 & 2025 YTD avg. Also, lender did not include new HELOC pymnt |
| XXXX | XXXX | XXXX | 4350119579 | XXXX | XXXX | Closing/Settlement Date | closingDetailsNonCompliancePage | XXXX | XXXX | per final CD |
| XXXX | XXXX | XXXX | 4350119580 | XXXX | XXXX | Closing/Settlement Date | closingDetailsNonCompliancePage | XXXX | XXXX | Per CD |
| XXXX | XXXX | XXXX | 4350119577 | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | per final CD |
| XXXX | XXXX | XXXX | 4350119581 | XXXX | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 44.02 | 22.01 | Audit matches the Lender's 1008 |
| XXXX | XXXX | XXXX | 4350119583 | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per executed Final CD in file |
| XXXX | XXXX | XXXX | 4350119582 | XXXX | XXXX | Cash Disbursement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | XXXX | 4350119582 | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | XXXX | 4350119585 | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | XXXX | 4350119584 | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | XXXX | 4350119588 | XXXX | XXXX | Application Date | complianceDetailPage | XXXX | XXXX | Per application |
| XXXX | XXXX | XXXX | 4350119586 | XXXX | XXXX | Cash Disbursement Date | closingDetailsNonCompliancePage | XXXX | XXXX | Per settlement statement |
| XXXX | XXXX | XXXX | 4350119587 | XXXX | XXXX | Property Type | propertyValuationPage | Condotel | Condominium | Per questionnaire |
| XXXX | XXXX | XXXX | 4350119589 | XXXX | XXXX | Borrower 1 Has there been ownership in a property in last 3 yrs | the1003Page | Yes | No | Per final 1003 |

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## Exhibit 99.10

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.10**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Mapped ID** | **Seller Loan ID** | **Deal 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 | XXXX | XXXX | 4350119590 | XXXX | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXXX |
| XXXX | XXXX | XXXX | 4350119578 | XXXX | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 79.2 | 79.2 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | XXXX | 4350119579 | XXXX | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 52.78 | 52.78 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | XXXX | 4350119580 | XXXX | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 65 | 65 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | XXXX | 4350119577 | XXXX | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | XXXX | 4350119581 | XXXX | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 60 | 60 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | XXXX | 4350119583 | XXXX | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | XXXX | 4350119582 | XXXX | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 56.45 | 56.45 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.5 | XXXX |
| XXXX | XXXX | XXXX | 4350119585 | XXXX | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 59.52 | 59.52 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | XXXX | 4350119584 | XXXX | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 64.36 | 64.36 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | XXXX | 4350119588 | XXXX | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXXX |
| XXXX | XXXX | XXXX | 4350119586 | XXXX | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.8 | XXXX |
| XXXX | XXXX | XXXX | 4350119587 | XXXX | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 30.77 | 30.77 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | XXXX | 4350119589 | XXXX | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.7 | XXXX |

---

## Exhibit 99.11

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.11**

![](ex9911001.jpg)

![](ex9911002.jpg)

**February 19, 2026**<br> **Due Diligence Narrative Report**<br>

![](ex9911003.jpg)

**Table of Contents**

---

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

---

COLT 2026-2 Due Diligence Narrative Report Page \| 1 February 19, 2026

![](ex9911003.jpg)

**Clayton Contact Information** 

**Client Service Management:** 

---

| | | |
|:---|:---|:---|
| ![](ex9911004.jpg) | **Michael Santarsiere** | Client Service Director |
|  |  | Phone: (813) 371-0280/E-mail: <u>msantarsiere@clayton.com</u> |
| ![](ex9911004.jpg) | **Joe Ozment** | Vice President – Client Services & Securitization |
|  |  | Phone: (813) 261-0733/E-mail: <u>jozment@clayton.com</u> |

---

**Overview** 

On behalf of Capital Alliance, Clayton Services LLC ("Clayton") conducted an independent third-party pre-securitization due diligence review of 1 residential loan.

Lone Star Residential Acquisitions, LLC subsequently purchased this loan via reliance letter and selected it for the COLT 2026-2 transaction. The loan referenced in this narrative report was reviewed on a flow loan basis within January of 2026. This narrative report provides information about the scope of work performed by Clayton, and the results of Clayton's review.

**Originators** 

Origination channels for the loans in this review:

---

| | | |
|:---|:---|:---|
| **Origination Channel** | **Loan Count** | **Percentage** |
| Broker | 1 | 100.00% |
| **Total** | **1** | **100.00%** |

---

COLT 2026-2 Due Diligence Narrative Report Page \| 2 February 19, 2026

![](ex9911003.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp; Review scope  | &nbsp;&nbsp; # of Files Reviewed  |
| <br> Credit Review  | 1 |
| Property Valuation Review | 1 |
| Regulatory Compliance Review | 1 |
| Data Integrity Check | 1 |

---

**Clayton's Third Party Review ("TPR") Scope of Work**

The scope of work for this transaction consisted of a credit review, property valuation review, regulatory compliance review and data integrity check.

Loan Grading

Each loan received an "initial" and a "final" grade. The "initial" grade was assigned during the initial loan review. The "final" grade takes into account additional information and supporting documentation that may have been provided by the originators to clear outstanding conditions. Clayton'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, DBRS/Morningstar.

![](ex9911005.jpg)

TPR Component Review Scope

COLT 2026-2 Due Diligence Narrative Report Page \| 3 February 19, 2026

![](ex9911003.jpg)

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 the loan documentation provided to Clayton.

Credit Review

Clayton's Credit scope of review conducted on 1 loan on this transaction included the following elements (for more detail, please refer to <u>Appendix A</u>):

&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;

Property Valuation Review

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Original
 Appraisal Assessment (1 loan)

– 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, 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 (1 loan)

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\*

● CU Score

● Desk Review

For further detail, please refer to the COLT 2026-2 valuation summary report.

Regulatory Compliance Review

Clayton's regulatory compliance scope of review conducted on this transaction included the elements summarized below.

COLT 2026-2 Due Diligence Narrative Report Page \| 4 February 19, 2026

![](ex9911003.jpg)

(For more detail, please refer to <u>Appendix C</u>.)

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;▪ Tested
 for state-specific consumer protection laws including 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;

– Prepayment Penalty restrictions; and

QM/ATR Review: On applicable loans;, test compliance with applicable Qualified Mortgage (QM) and Ability to Repay (ATR) requirements defined under the Dodd-Frank Wall Street Reform and Consumer Protection Act as promulgated by the Consumer Financial Protection Bureau any loan subject to that regulation, as further described on <u>Appendix C</u> attached hereto.

TILA/RESPA Integrated Disclosure Scope ('Covered Loans' with an Application Date => 10/3/2015); SFA RMBS 3.0 TRID Compliance Review Scope as further described on <u>Appendix C</u> attached hereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Real
 Estate Settlement Procedures Act (RESPA) laws and regulations testing included the following,
 for loans other than 'Covered Loans' and loans with an Application Date prior
 to 10/3/2015:

– 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") firm's role as TPR conducting an independent third-party pre-securitization due diligence review ("Initial TRID Scope"). The Initial TRID Scope was created with guidance from outside counsel.

On, June 15th, 2016 SFA 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 SFA 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 SFA 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.

COLT 2026-2 Due Diligence Narrative Report Page \| 5 February 19, 2026

![](ex9911003.jpg)

Following the June 15<sup>th</sup> formal publication of the RMBS 3.0 TRID Compliance Review Scope©, Clayton reviewed prior testing results dating back to the TRID Effective Date, and applied the enhanced RMBS 3.0 TRID Compliance Review Scope to such loans upon the affirmative election by Lone Star Residential Acquisitions, LLC.

Clayton applied the enhanced RMBS 3.0 TRID Compliance Review Scope where applicable in this transaction.

**<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).

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.

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:

● Cook County High Cost Ordinance

● 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

● Virginia Lender and Broker Act after 6/1/2008

● Minnesota §58 on or after 8/1/2008

Prepayment Penalties and Late Charges in certain states

Taxpayer First Act: Consent to share IRS-provided tax information sent by the IRS on or after 12/28/2019.

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

● Sufficiency of coverage

● Escrow of insurance payments

COLT 2026-2 Due Diligence Narrative Report Page \| 6 February 19, 2026

![](ex9911003.jpg)

Data Integrity

Clayton utilized its proprietary eCLAS tool to determine tape-to-file accuracy of 1 reviewed loan, by completing the following steps:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Tape
 data received from seller/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;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Each
 discrepancy is reported in a Loan Level Tape Compare Upload.

Data Capture

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

**Data Compare Results** 

Clayton provided Lone Star Residential Acquisitions, LLC with a copy of the Loan Level Tape Compare Upload that shows the differences between the data received from the sellers versus the data captured by Clayton during the loan review in relation to the 1 loan reviewed.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Field Name** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% Accuracy** |
| &nbsp;&nbsp;Combined LTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Documentation Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Original Appraised Value | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% |

---

COLT 2026-2 Due Diligence Narrative Report Page \| 7 February 19, 2026

![](ex9911003.jpg)

**Clayton Due Diligence Results** 

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

**<u>Initial and Final Overall Loan Grade Results</u>**

---

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

---

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.

**<u>Initial and Final Credit Component Grade Results</u>**

---

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

---

**<u>Initial and Final Property Valuation Grade Results</u>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **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** | 1 |  |  |  | **1** |
| **Final** | **B** |  |  |  |  | **0** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **1** | **0** | **0** | **0** | **1** |

---

COLT 2026-2 Due Diligence Narrative Report Page \| 8 February 19, 2026

![](ex9911003.jpg)

**<u>Initial and Final Regulatory Compliance Grade Results</u>**

---

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

---

**Clayton Third Party Reports Delivered**

Clayton furnished the following reports on this transaction:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Narrative
 Report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. ASF
 Upload Report

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Conditions
 Report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Valuation
 Summary

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Loan
 Level Tape Compare

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Waived
 Conditions Summary

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Attestation
 Forms

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. 15E
 Form

COLT 2026-2 Due Diligence Narrative Report Page \| 9 February 19, 2026

![](ex9911003.jpg)

**Appendix A: Credit Review Scope**

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

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

○ DTI

○ LTV/TLTV/HLTV

○ Credit score

○ Income and employment

○ Assets and reserves

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

○ Borrower eligibility, including:

– Citizenship status

– Non- occupant co-borrower

○ Transaction eligibility, including:

Maximum loan amount

– Loan purpose

– Occupancy

○ 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:

○ 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

○ 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

○ 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

&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

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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;▪ 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

○ 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

○ 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

○ 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 issues 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

○ 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

– Loan purpose confirmed

○ 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

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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;▪ 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 "it's successors and assigns"

Confirmed that the payment amount on any required insurance was included in the debt ratio calculation

○ 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:

○ Borrower identity

– Social Security inconsistencies

– Borrower name variations

○ Occupancy

– Borrower address history

– Subject property ownership history

○ Employment

○ Licensing – reviewed NMLS data for:

– Mortgage lender/originator

– Loan officer

○ OFAC

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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:

○ 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 2860 – 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

○ 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:

○ Title XI of FIRREA:

– 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

○ USPAP

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– Confirmed that the appraiser's certification is present and executed within the original appraisal.

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

○ 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.

○ 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

○ 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:

○ 3 to 4 unit owner occupied properties

○ 2 to 4 unit second homes

○ Unwarrantable or limited review condominiums

○ Manufactured or mobile homes

○ Condotel units

○ Unique properties

○ Working farms, ranches or orchards

○ Mixed-use properties

○ Properties subject to existing oil or gas leases

○ Properties located in Hawaii Lava Zones 1 and 2

○ 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.

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○ 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

○ 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.

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

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

○ 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.

○ Clayton does not check to see if the appraiser is on the Freddie Mac exclusionary list.

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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:

○ 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

○ Initial Good Faith Estimate, (GFE): timing and content of the initial disclosure

○ 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

○ 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

○ 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.

○ 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

○ 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:

○ 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.

○ 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)

○ 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

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

○ High Cost mortgage thresholds for points and fees (Section 32)

○ High Cost Prohibited Acts and Practices upon request (Section 33)

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

○ 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)

○ 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)

○ TILA/RESPA Integrated Disclosures ("TRID")

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&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:

● Pre-application forms cannot look similar to the LE

● 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:

● The LE was delivered or placed in the mail within 3 business days of the broker or lender receiving an application.

● 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.

● 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:

● Zero and ten percent tolerance fees are only reset with a valid and timely change of circumstance.

● 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:

● The number of columns and timing of changes to payments as well as the mortgage insurance drop-off match Clayton's calculated payment schedule.

● Interest-only periods and final balloon payments are accurately completed.

● The total of the principal and interest payment, mortgage insurance and escrow amounts add up correctly.

● 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

● Amount Financed

● Finance Charge

● Total of Payments

● Total interest percentage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Technical
 Requirements

● Compliance with the TRID rounding rules.

● Compliance with specified formatting requirements.

● Compliance with date entry requirements (such as when a field, if not applicable, must be present and left blank).

● Alphabetization of fees.

● Title fees preceded by "Title –."

● 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

● Once a fee is disclosed it must remain substantially the same name across disclosures.

● 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.

● 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.

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● 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

● 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.

● For areas where multiple options are provided, such as Assumption, Negative Amortization and Liability after Foreclosure, only one option is indicated.

● 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

● 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

● 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.

● Whether the product or a product feature changed which requires a new waiting period and whether that waiting period was provided.

● 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

● Corrected CD's provided with a post-close refund.

● Post-close CD's to correct numerical errors based on events (such as recording) occurring within 30 days of consummation.

● 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

● Provision and timing of Your Home Loan Toolkit (first lien, purchase-money loans)

● Written List of Providers, when there are items in in the Services You Can Shop For category (can impact fee tolerances)

● 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:

● 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.

● Whether the Liability after Foreclosure selection is correct for the property state.

● Accuracy of the Aggregate Adjustment amount.

● Presence and accuracy of the Seller's Transaction columns of the Summaries of Transactions section.

● 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.

**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** 

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

---

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**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 |  |

---

**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:

● Minnesota (Mortgage Originator and Service Licensing Act)

● Puerto Rico (Office Regulation 5722)

● Texas (Texas Finance Code)

● 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

COLT 2026-2 Due Diligence Narrative Report Page \| 19 February 19, 2026

![](ex9911003.jpg)

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 mortgage loan, nor impose a ceiling on the overall fees or APR, but nonetheless contain requirements and restrictions on mortgage loans that may impact the assignee or the lien. Clayton tests for compliance with such laws, including late charge and prepayment penalty provisions, in the following states and municipalities:

---

| | |
|:---|:---|
| &nbsp;&nbsp;**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) |
| &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>**

COLT 2026-2 Due Diligence Narrative Report Page \| 20 February 19, 2026

![](ex9911003.jpg)

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.© 2026 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

COLT 2026-2 Due Diligence Narrative Report Page \| 21 February 19, 2026

## Exhibit 99.12

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.12**

---

| | |
|:---|:---|
| **Client Name:** | **Lone Star** |
| **Client Project Name:** | **COLT 2026-2** |
| **Start - End Dates:** | **12/2025 - 1/2026** |
| **Deal Loan Count:** | **1** |
| **Conditions Report 2.0** | **Conditions Report 2.0** |
| ***Loans in Report:*** | *1* |
| ***Loans with Conditions:*** | *0* |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Loan Number** | **Deal ID** | **Lender Application Date** | **Broker Application Date** | **Did Lender Acknowledge Exception at Origination** |
| XXXX | 4350119592 | XXXX | XXXX A | No |

---

## Exhibit 99.13

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.13**

---

| | |
|:---|:---|
| **Client Name:** | **Lone Star** |
| **Client Project Name:** | **COLT 2026-2** |
| **Start - End Dates:** | **12/2025 - 1/2026** |
| **Deal Loan Count:** | **1** |
| **Conditions Report 2.0** | **Conditions Report 2.0** |
| ***Loans in Report:*** | *1* |
| ***Loans with Conditions:*** | *0* |

---

---

| | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Deal ID** | **Original Principal Balance** | **State** | **Initial Lender ATR/QM Status** | **Loan Level ATR/QM Status** | **Condition Category** | **ConditionSub Category** | **Condition Status** | **Initial Securitization Condition Grade** | **Final Securitization Condition Grade** | **Initial S&P Condition Grade** | **Final S&P Condition Grade** | **Condition Code** | **Condition Description** | **Condition Material Indicator** | **Initial Comments** | **Client/Seller Response Comments** | **Conclusion Comments** | **TRID Error Type** | **Cure Method** | **Compensating Factors** | **Loan Status** |
| XXXX | 4350119592 | XXXX | XXXX | (No Data) | ATR/QM: Exempt |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: The borrower has 26 months reserves after closing.<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: The LTV is 66.35 and below the guide max of 75% | Complete |

---

## Exhibit 99.14

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.14**

---

| | |
|:---|:---|
| **Client Name:** | Lone Star |
| **Client Project Name:** | COLT 2026-2 |
| **Start - End Dates:** | 12/2025 - 1/2026 |
| **Deal Loan Count:** | 1 |
| **Valuations Summary** |  |
| *Loans In Report:* | *1* |
| *Loans In Report:* |  |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| |  | | |  |  | **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** | **1004 SFR** | **1004 SFR** | **1004 SFR** | **2055 Ext Only** | **2055 Ext Only** | **2055 Ext Only** | **2055 Ext Only** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **Other** | **Other** | **Other** | **Other** | **Other** | **AUS Information** |
| |  |  |  |  |  | **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** | **1004 SFR** | **1004 SFR** | **1004 SFR** | **2055 Ext Only** | **2055 Ext Only** | **2055 Ext Only** | **2055 Ext Only** | **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** | **Deal ID** | **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** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Other - Valuation Type** | **Report Date - Other** | **Value - Other** | **Variance Amount - Other** | **Variance (%) - Other** | **CU / LCA Score** |
| XXXX | 4350119592 | XXXX | XXXX | $0.00 | XXXX | XXXX | XXXX | 1004 SFR (XXXX) |  |  |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% |  |  |  | XXXX | XXXX | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $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 |

---

*The findings in this report are preliminary and subject to revision by Clayton. This report is confidential and for Client's internal use only. This report is not for purposes of 17g5 filings and is not redacted. For Securitization reporting please submit a request to CL_SecondaryMarketAcquisitions@clayton.com*

## Exhibit 99.15

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.15**

---

| | |
|:---|:---|
| **Client Name:** | Lone Star |
| **Client Project Name:** | COLT 2026-2 |
| **Start - End Dates:** | 12/2025 - 1/2026 |
| **Deal Loan Count:** | 1 |
| **Loan Level Tape Compare Upload** | **Loan Level Tape Compare Upload** |
| *Loans in Report* | *1* |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Deal ID** | **Borrower Last Name** | **Field Name** | **Tape Data** | **Reviewer Data** | **Loan Status** | **Sample Group** |
| XXXX | 4350119592 | XXXX | Combined LTV | 66.3 | 61.92 | Complete | COLT 2026-2 |
| XXXX | 4350119592 | XXXX | Documentation Type | No Doc | DSCR | Complete | COLT 2026-2 |
| XXXX | 4350119592 | XXXX | Original Appraised Value | XXXX | XXXX | Complete | COLT 2026-2 |
| XXXX | 4350119592 | XXXX | Original LTV | 66.3 | 61.92 | Complete | COLT 2026-2 |
| XXXX | 4350119592 | XXXX | Property Type | SFR | Detached PUD | Complete | COLT 2026-2 |

---

©2026 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 99.16

**Exhibit 99.16**

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

**Overview**

Consolidated Analytics, Inc ("Consolidated Analytics"), a third party due diligence provider, performed the review described below on newly originated residential mortgage loans acquired by Lone Star Residential Acquisitions, LLC through a bulk purchase. The review included a total of 17 newly originated residential mortgage loans, in connection with the securitization identified as COLT 2026-2 (the "Securitization"). The Review was conducted from November 2025 through February 2026 on mortgage loans originated between September 2025 and January 2026.

**Scope of Review**

**Credit Review**

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

The Credit Review attempted to confirm the following:

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

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

● Validate borrower(s) monthly gross income

● Validate funds required to close, required reserves

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

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

● Review file documentation for required level of employment

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

● Confirm program, qualifying rate, terms

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

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

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

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

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

● Validate monthly recurring liabilities

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

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

● Documentation meets Appendix Q requirements for QM Loans

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

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

● Determine representative credit score from credit report

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

○ The monthly DTI or residual income.

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

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

The specific guidelines that the CFPB is designating for the safe harbor are: The GQM Rule provides that if the creditor verifies the consumer's income or assets, debt obligations, alimony, child support, and monthly DTI or residual income by meeting the standards of certain specified

third-party underwriting manuals, then a creditor is presumed to have complied with the verification requirement. These specified manuals are:

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

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

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

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

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

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

**Compliance Review**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**Valuation Review**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

For loans reviewed in a post-close valuation review scenario (17 loans in total):

Zero (0) loans had a Secondary Appraisal, zero (2) loans had an AVM, and twelve (12) loans had Desktop Reviews. Consolidated Analytics has independent access to the Desktop Reviews ordered by the Aggregator.

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

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

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

**TAPE INTEGRITY REVIEW RESULTS SUMMARY**

Of the seventeen (17) mortgage loans reviewed, eight (8) unique mortgage loans (47.06% by loan count) had a total of twenty-seven (27) discrepancies across sixteen (16) 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;Qualifying Total Reserves Number of Months | &nbsp;&nbsp;4 | &nbsp;&nbsp;14.81% |
| &nbsp;&nbsp;Borrower Appraisal Receipt Date | &nbsp;&nbsp;4 | &nbsp;&nbsp;14.81% |
| &nbsp;&nbsp;Total Qualified Assets Available | &nbsp;&nbsp;3 | &nbsp;&nbsp;11.11% |
| &nbsp;&nbsp;Originator Doc Type | &nbsp;&nbsp;2 | &nbsp;&nbsp;7.41% |
| &nbsp;&nbsp;Cash Disbursement Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;7.41% |
| &nbsp;&nbsp;City | &nbsp;&nbsp;2 | &nbsp;&nbsp;7.41% |
| &nbsp;&nbsp;Cash out Include Debt Paid at Close | &nbsp;&nbsp;1 | &nbsp;&nbsp;3.70% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;1 | &nbsp;&nbsp;3.70% |
| &nbsp;&nbsp;Property Value | &nbsp;&nbsp;1 | &nbsp;&nbsp;3.70% |
| &nbsp;&nbsp;Calculated DSCR | &nbsp;&nbsp;1 | &nbsp;&nbsp;3.70% |
| &nbsp;&nbsp;Qualifying Total Monthly Liabilities | &nbsp;&nbsp;1 | &nbsp;&nbsp;3.70% |
| &nbsp;&nbsp;Origination Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;3.70% |
| &nbsp;&nbsp;State | &nbsp;&nbsp;1 | &nbsp;&nbsp;3.70% |
| &nbsp;&nbsp;Borrower 1 Total Years Employment/Self-Employment Verified | &nbsp;&nbsp;1 | &nbsp;&nbsp;3.70% |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;Borrower 1 Qualifying Income | &nbsp;&nbsp;1 | &nbsp;&nbsp;3.70% |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;1 | &nbsp;&nbsp;3.70% |
| &nbsp;&nbsp;**Grand Total** | &nbsp;&nbsp;**27** | &nbsp;&nbsp;**100.00%** |

---

**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 | 13 | $8426040.00 | 76.47% |
| Event Grade B | 4 | $1753000.00 | 23.53% |
| Event Grade C | 0 | $0.00 | 0% |
| Event Grade D | 0 | $0.00 | 0% |
| **Total Sample** | 17 | $10179040.00 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Credit Results:** | **Credit Results:** | **Credit Results:** |
| Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 15 | 88.24% |
| Event Grade B | 2 | 11.76% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| **Total Sample** | 17 | 100.00% |
| **Compliance Results: (As applicable, 6 loans within population** | **Compliance Results: (As applicable, 6 loans within population** | **Compliance Results: (As applicable, 6 loans within population** |

---

---

| | | |
|:---|:---|:---|
| **did not receive a Compliance Review)** | **did not receive a Compliance Review)** | **did not receive a Compliance Review)** |
| Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 10 | 90.91% |
| Event Grade B | 1 | 9.09% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| **Total Sample** | 11 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Valuation Results:** | **Valuation Results:** | **Valuation Results:** |
| Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 16 | 94.12% |
| Event Grade B | 1 | 5.88% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| **Total Sample** | 17 | 100.00% |

---

 **Exception Category Summary**

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

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Exception Type | &nbsp;&nbsp;Exception Level Grade | &nbsp;&nbsp;Exception Category | &nbsp;&nbsp;Total |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;No Credit Findings | &nbsp;&nbsp;10 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Guarantor Identification Missing or Defective | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;LOAN AGREEMENT MISSING OR DEFECTIVE | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Asset 1 Missing | &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;Entity Documentation - Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Income and Employment Do Not Meet Guidelines | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Trust Agreement | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Asset 2 Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;NO FINDINGS | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Guideline Seasoning not Met | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Hazard Insurance Policy is Partial | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;***Total Credit Grade (A) Exceptions:*** | &nbsp;&nbsp;***25*** |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Mortgage Payment History Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Entity Documentation - Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions:*** | &nbsp;&nbsp;***2*** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;No Compliance Findings | &nbsp;&nbsp;8 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Higher-Priced Mortgage Loan Test | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Charges That In Total Cannot Increase More Than 10% Test | &nbsp;&nbsp;1 |
| &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;1 |
| &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;1 |

---

---

| | | | |
|:---|:---|:---|:---|
| | | &nbsp;&nbsp;***Total Compliance Grade (A) Exceptions:*** | &nbsp;&nbsp;***14*** |
|  | &nbsp;&nbsp;B | &nbsp;&nbsp;Charges That Cannot Increase Test | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions:*** | &nbsp;&nbsp;***1*** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;No Property Findings | &nbsp;&nbsp;11 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;FLOOD CERT OR EVIDENCE NOT IN A FLOOD ZONE MISSING | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;***Total Property Grade (A) Exceptions:*** | &nbsp;&nbsp;***12*** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;B | &nbsp;&nbsp;Ineligible Property | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions:*** | &nbsp;&nbsp;***1*** |

---

**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 99.17

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.17**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** | **Initial Compliance Loan Grades DBRS** | **Initial Compliance Loan Grades Fitch** | **Initial Compliance Loan Grades Kroll** | **Initial Compliance Loan Grades Moody's** | **Initial Compliance Loan Grades S&P** | **Final Compliance Loan Grades DBRS** | **Final Compliance Loan Grades Fitch** | **Final Compliance Loan Grades Kroll** | **Final Compliance Loan Grades Moody's** | **Final Compliance Loan Grades S&P** |
| XXXX | 4350119601 |  |  | XXXX D | C | C | C | C | C A D | B | B | B | B | B A |
| XXXX | 4350119602 |  |  | XXXX A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119608 |  |  | XXXX A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119603 |  |  | XXXX A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119599 |  |  | XXXX A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119594 |  |  | XXXX A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119604 |  |  | XXXX A | C | C | C | C | C A | A | A | A | A | A |
| XXXX | 4350119609 |  |  | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119596 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D B | N/A | N/A | N/A | N/A | N/A B |
| XXXX | 4350119600 |  |  | XXXX D | A | A | A | A | A D | A | A | A | A | A |
| XXXX | 4350119607 |  |  | XXXX A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119605 |  |  | XXXX A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119606 |  |  | XXXX A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119597 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119598 |  |  | XXXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119593 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D B | N/A | N/A | N/A | N/A | N/A B |
| XXXX | 4350119595 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A B D | N/A | N/A | N/A | N/A | N/A B |

---

## Exhibit 99.18

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.18**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Second Desk Review Variance Amount** | **Second Desk Review Variance Percent** | **Second Desk Review Appraisal Date** | **Second Desk Review Appraised Value** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXXX | 4350119601 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  | XXXX | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |
| XXXX | 4350119602 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | 57.86 | 57.86 | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  | 1.6 |  |
| XXXX | 4350119608 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | -0.0748 | AVM |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -0.0748 | 97 | 0.04 | XXXX | i-Val | XXXX | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  | 1.3 |  |
| XXXX | 4350119603 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | 40 | 40 | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  | 1 |  |
| XXXX | 4350119599 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  | XXXX | XXXX | XXXX | 0 | XXXX | Medium | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  | 1 |  |
| XXXX | 4350119594 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  | XXXX | XXXX | XXXX | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |
| XXXX | 4350119604 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | 79.69 | 79.69 | XXXX | XXXX | 0.0757 | Desk Review |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  | XXXX | XXXX | XXXX | 0.0757 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  | 2.5 |  |
| XXXX | 4350119609 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1025 | XXXX | 0.7 | 0.7 | XXXX | XXXX | -0.007631429 | AVM |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -0.007631429 | 0.94 | 0.06 | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  | Not Eligible |  |  |
| XXXX | 4350119596 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1025 | XXXX | 0.75 | 0.75 | XXXX | XXXX | 0 | CDA |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  | XXXX | XXXX | XXXX | 0 | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  | Not Eligible |  |  |
| XXXX | 4350119600 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | 80 | 80 | XXXX | XXXX | 0 | Enhanced Desk Review |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  | XXXX | XXXX | XXXX | 0 | XXXX | Adequate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  | Not Eligible | 1 |  |
| XXXX | 4350119607 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | 63.64 | 63.64 | XXXX | XXXX | 0 | Enhanced Desk Review |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  | XXXX | XXXX | XXXX | 0 | XXXX | Adequate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  | Eligible | 1 |  |
| XXXX | 4350119605 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | 77 | 77 | XXXX | XXXX | 0 | Enhanced Desk Review |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  | XXXX | XXXX | XXXX | 0 | XXXX | Adequate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  | Not Eligible | 1 |  |
| XXXX | 4350119606 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1025 | XXXX | 75 | 75 | XXXX | XXXX | 0 | Enhanced Desk Review |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  | XXXX | XXXX | XXXX | 0 | XXXX | Adequate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  | Not Eligible |  |  |
| XXXX | 4350119597 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | 69.42 | 69.42 | XXXX | XXXX | 0 | Desk Review |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  | XXXX | XXXX | XXXX | 0 | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |
| XXXX | 4350119598 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | 69.95 | 69.95 | XXXX | XXXX | -0.039408867 | Desk Review |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  | XXXX | XXXX | XXXX | -0.039408867 | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |
| XXXX | 4350119593 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | 70 | 70 | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  | Eligible | 1 |  |
| XXXX | 4350119595 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | 75 | 75 | XXXX | XXXX | 0 | CDA |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  |  |  | XXXX |  | XXXX | XXXX | XXXX | 0 | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  | Not Eligible |  |  |

---

## Exhibit 99.19

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.19**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Deal ID** | **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)** |
| XXXX | 4350119601 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | FCRE3843 | Credit | Guideline Seasoning not Met | The required number of months reserves are to be seasoned does not meet Guideline requirement. The file is missing evidence of the assets stated in the application. |  |  | The required number of months reserves are to be seasoned does meet Guideline requirement. | XXXX | Qualifying DTI below max allowed. - Calculated DTI of 26.5% is less than Guideline DTI of 50%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 716 is greater than Guideline minimum FICO of 700<br> Borrower has stable job time - Borrower has XXXX years on job. A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| XXXX | 4350119601 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | FCRE1467 | Credit | Asset 1 Missing | Asset 1 Missing. The file is missing evidence of the assets stated in the application. | Document Uploaded. | XXXX | Asset 1 Provided; Asset statement for acct # XXXX with a balance of XXXX was received. | XXXX | Qualifying DTI below max allowed. - Calculated DTI of 26.5% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 716 is greater than Guideline minimum FICO of 700<br>Borrower has stable job time - Borrower has XXXX years on job. A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| XXXX | 4350119601 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | FCRE1468 | Credit | Asset 2 Missing | Asset 2 Missing The file is missing evidence of the assets stated in the application. |  |  | Asset 2 Provided Or Not Applicable | XXXX | Qualifying DTI below max allowed. - Calculated DTI of 26.5% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 716 is greater than Guideline minimum FICO of 700<br>Borrower has stable job time - Borrower has XXXX years on job. A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| XXXX | 4350119601 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | 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. HPML |  |  | ; Appraisal delivery provided; HPML compliant; exception resolved | XXXX | Qualifying DTI below max allowed. - Calculated DTI of 26.5% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 716 is greater than Guideline minimum FICO of 700<br>Borrower has stable job time - Borrower has XXXX years on job. A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| XXXX | 4350119601 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Cured | finding-3634 | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is 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). TILA 130b Cure Required. Refund in the amount of XXXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of XXXX is due to addition of Appraisal Fee after initial LE. | Document Uploaded. ; Document Uploaded. | XXXX | Cure package provided, exception downgraded to a 2/B; Cure package provided, exception downgraded to a 2/B; The COC provided did not contain a valid reason for the appraisal fee to be added | XXXX | Qualifying DTI below max allowed. - Calculated DTI of 26.5% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 716 is greater than Guideline minimum FICO of 700<br>Borrower has stable job time - Borrower has XXXX years on job. A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| XXXX | 4350119601 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | FCOM3531 | Compliance | Higher-Priced Mortgage Loan Evidence of Appraisal Delivery to the Borrower Not Provided (12 CFR 1026.35(c)(6)) | Evidence of Appraisal Delivery to the Borrower Not Provided. Missing Document - Evidence of receipt of appraisal by borrower. |  |  | Evidence of Appraisal Delivery to the Borrower Provided. | XXXX | Qualifying DTI below max allowed. - Calculated DTI of 26.5% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 716 is greater than Guideline minimum FICO of 700<br>Borrower has stable job time - Borrower has XXXX years on job. A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| XXXX | 4350119601 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Missing Document- Evidence appraisal received by borrower 3 days prior to closing. | Document Uploaded. | XXXX | Evidence of appraisal delivery provided. | XXXX | Qualifying DTI below max allowed. - Calculated DTI of 26.5% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 716 is greater than Guideline minimum FICO of 700<br>Borrower has stable job time - Borrower has XXXX years on job. A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| XXXX | 4350119601 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | HPML compliant; Cleared | XXXX | Qualifying DTI below max allowed. - Calculated DTI of 26.5% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 716 is greater than Guideline minimum FICO of 700<br>Borrower has stable job time - Borrower has XXXX years on job. A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| XXXX | 4350119602 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | HPML compliant; Cleared | XXXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 784 is greater than Guideline minimum FICO of 660<br>Borrower has stable job time - Borrower has XXXX years on job.<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 57.86% is less than Guideline LTV of 70%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 57.86% is less than Guideline CLTV of 70% A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119602 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | HPML compliant; Cleared | XXXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 784 is greater than Guideline minimum FICO of 660<br>Borrower has stable job time - Borrower has XXXX years on job.<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 57.86% is less than Guideline LTV of 70%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 57.86% is less than Guideline CLTV of 70% A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119602 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | HPML compliant; Cleared | XXXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 784 is greater than Guideline minimum FICO of 660<br>Borrower has stable job time - Borrower has XXXX years on job.<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 57.86% is less than Guideline LTV of 70%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 57.86% is less than Guideline CLTV of 70% A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119608 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | 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. (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. |  |  | HPML compliant | XXXX | Borrower has stable job time - Borrower has XXXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119608 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | HPML compliant; Cleared | XXXX | Borrower has stable job time - Borrower has XXXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119608 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | HPML compliant; Cleared | XXXX | Borrower has stable job time - Borrower has XXXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119603 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | HPML compliant; Cleared | XXXX | Qualifying DTI below max allowed. - Calculated DTI of 23.45% is less than Guideline DTI of 43%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 40% is less than Guideline CLTV of 75%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 729 is greater than Guideline minimum FICO of 700<br>Borrower has stable job time - Borrower has XXXX years on job.<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 40% is less than Guideline LTV of 75% A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119603 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | HPML compliant; Cleared | XXXX | Qualifying DTI below max allowed. - Calculated DTI of 23.45% is less than Guideline DTI of 43%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 40% is less than Guideline CLTV of 75%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 729 is greater than Guideline minimum FICO of 700<br>Borrower has stable job time - Borrower has XXXX years on job.<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 40% is less than Guideline LTV of 75% A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119603 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | HPML compliant; Cleared | XXXX | Qualifying DTI below max allowed. - Calculated DTI of 23.45% is less than Guideline DTI of 43%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 40% is less than Guideline CLTV of 75%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 729 is greater than Guideline minimum FICO of 700<br>Borrower has stable job time - Borrower has XXXX years on job.<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 40% is less than Guideline LTV of 75% A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119599 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | HPML compliant; Cleared | XXXX | Borrower has stable job time - Borrower has XXXX years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 24.81% is less than Guideline DTI of 50% A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119599 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | HPML compliant; Cleared | XXXX | Borrower has stable job time - Borrower has XXXX years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 24.81% is less than Guideline DTI of 50% A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119599 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | HPML compliant; Cleared | XXXX | Borrower has stable job time - Borrower has XXXX years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 24.81% is less than Guideline DTI of 50% A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119594 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | Loan Review Complete | XXXX | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational | XXXX | Borrower has stable job time - Borrower has XXXX years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 811 is greater than Guideline minimum FICO of 760 A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119594 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | Loan Review Complete | XXXX | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational | XXXX | Borrower has stable job time - Borrower has XXXX years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 811 is greater than Guideline minimum FICO of 760 A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119594 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | Loan Review Complete | XXXX | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational | XXXX | Borrower has stable job time - Borrower has XXXX years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 811 is greater than Guideline minimum FICO of 760 A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119604 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | finding-3635 | Compliance | Charges That In Total Cannot Increase More Than 10% Test | This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% (XXXX) exceed the comparable charges (XXXX) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). TILA 130b Cure Required. Refund in the amount of XXXX, cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The 10% tolerance violation in the amount of XXXX is due to increase from XXXX6 to XXXX5 for the Recording Fee. | Document Uploaded. | XXXX | Valid COC provided; exception resolved; Valid COC provided; exception resolved | XXXX | Borrower has stable job time - Borrower has XXXX years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 730 is greater than Guideline minimum FICO of 700 A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| XXXX | 4350119604 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | 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. HPML - Taxes & insurance were escrowed, copy of appraisal was provided to borrower. |  |  | HPML compliant | XXXX | Borrower has stable job time - Borrower has XXXX years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 730 is greater than Guideline minimum FICO of 700 A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| XXXX | 4350119604 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | HPML compliant; Cleared | XXXX | Borrower has stable job time - Borrower has XXXX years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 730 is greater than Guideline minimum FICO of 700 A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| XXXX | 4350119604 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | HPML compliant; Cleared | XXXX | Borrower has stable job time - Borrower has XXXX years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 730 is greater than Guideline minimum FICO of 700 A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| XXXX | 4350119609 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | 92400197077-01 | 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 |
| XXXX | 4350119596 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Acknowledged | 11164482806 | Credit | Entity Documentation - Missing or Defective | Ineligible Nested Entity. Borrowing Entity XXXX. | XXXX: Exception Waiver in file | XXXX | XXXX: Exception Waiver in file | XXXX | 781 FICO, Experienced Investor, 42 tradelines, 29 mortgages 14 open paid 0x30, no lates on credit D B A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | 4350119596 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | 11164495547 | Credit | Guarantor Identification Missing or Defective | Missing photo identification for borrower: XXXX XXXX | XXXX: ID Uploaded | XXXX | XXXX: Received ID | XXXX | D B A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | 4350119600 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: CDFI Lender Exempt | Loan Review Complete | XXXX | Resolved | FCRE1437 | Credit | Income and Employment Do Not Meet Guidelines | Income and Employment Do Not Meet Guidelines P&L is missing the company name: XXXX XXXX. | Document Uploaded. | XXXX | Documentation is sufficient. Updated P & L provided. Exception resolved.; Income and Employment Meet Guidelines | XXXX | Borrower has stable job time - Borrower has XXXX years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 9.84% is less than Guideline DTI of 55% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| XXXX | 4350119600 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: CDFI Lender Exempt | Loan Review Complete | XXXX | Resolved | FCRE9814 | Credit | Missing Trust Agreement | Missing Trust Agreement Missing Trust Cert, signed and notarized. Required per lender final approval. | Document Uploaded. | XXXX | Documentation is sufficient. Trust cert provided. Exception resolved.; Trust Agreement Meets Guideline Requirements | XXXX | Borrower has stable job time - Borrower has XXXX years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 9.84% is less than Guideline DTI of 55% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| XXXX | 4350119600 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: CDFI Lender Exempt | Loan Review Complete | XXXX | Resolved | FCRE1158 | Credit | Hazard Insurance Policy is Partial | Hazard Insurance Policy Partially Provided Hazard policy is a XXXX Plan that covers Fire. Per lender guidelines coverage must include, at a minimum, wind, civil commotion (including riots), hail, and damage caused by aircraft, vehicle, or explosion. | Document Uploaded. This plan shows that Extended coverage is bound in the coverage on page 3. Page 2 shows it covers windstorm or hail, explosion, riot, aircraft, vehicles. | XXXX | Documentation is sufficient. Policy provided, coverage is acceptable. Exception resolved.; Hazard Insurance Policy is fully present | XXXX | Borrower has stable job time - Borrower has XXXX years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 9.84% is less than Guideline DTI of 55% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| XXXX | 4350119600 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: CDFI Lender Exempt | Loan Review Complete | XXXX | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has XXXX years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 9.84% is less than Guideline DTI of 55% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| XXXX | 4350119600 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: CDFI Lender Exempt | Loan Review Complete | XXXX | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | Borrower has stable job time - Borrower has XXXX years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 9.84% is less than Guideline DTI of 55% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| XXXX | 4350119607 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: CDFI Lender Exempt | Loan Review Complete | XXXX | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 63.64% is less than Guideline CLTV of 75%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 63.64% is less than Guideline LTV of 75% A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119607 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: CDFI Lender Exempt | Loan Review Complete | XXXX | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 63.64% is less than Guideline CLTV of 75%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 63.64% is less than Guideline LTV of 75% A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119607 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: CDFI Lender Exempt | Loan Review Complete | XXXX | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 63.64% is less than Guideline CLTV of 75%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 63.64% is less than Guideline LTV of 75% A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119605 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: CDFI Lender Exempt | Loan Review Complete | XXXX | 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 16.31% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 718 is greater than Guideline minimum FICO of 700<br>Borrower has stable job time - Borrower has XXXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119605 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: CDFI Lender Exempt | Loan Review Complete | XXXX | 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 16.31% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 718 is greater than Guideline minimum FICO of 700<br>Borrower has stable job time - Borrower has XXXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119605 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: CDFI Lender Exempt | Loan Review Complete | XXXX | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of 16.31% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 718 is greater than Guideline minimum FICO of 700<br>Borrower has stable job time - Borrower has XXXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119606 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: CDFI Lender Exempt | Loan Review Complete | XXXX | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  |  | XXXX | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119606 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: CDFI Lender Exempt | Loan Review Complete | XXXX | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  | XXXX | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119606 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: CDFI Lender Exempt | Loan Review Complete | XXXX | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  | XXXX | A | A | A | A | A | A | A | A | A | A | A | A | A |
| XXXX | 4350119597 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | Loan Review Complete | XXXX | Resolved | 600993T30-1 | CREDIT | LOAN APPLICATION MISSING OR DEFECTIVE | MISSING LOAN APPLICATION OR TERM SHEET |  |  | XXXX/XXXX: RECEIVED | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119597 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | Loan Review Complete | XXXX | Resolved | 600993T30-2 | PROPERTY | FLOOD CERT OR EVIDENCE NOT IN A FLOOD ZONE MISSING | MISSING FLOOD CERTIFICATE WITH LIFE OF LOAN DETERMINATION |  |  | XXXX/XXXX: RECEIVED | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119597 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | Loan Review Complete | XXXX | Resolved | 600993T30-3 | CREDIT | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | PROVIDED PRELIMINARY HUD OMITS PAYOFF | XXXX/XXXX: PROVIDED HUD REFLECTS CASH OUT OF 10%. LOAN PURPOSE REFLECTS R/T. PLEASE PROVIDE NEW TAPE WITH LOAN PURPOSE OF REFI CASH OUT OR NEW HUD | XXXX | XXXX: RECEIVED UPDATED PRELIM HUD | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119597 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | Loan Review Complete | XXXX | Resolved | 600993T30-4 | CREDIT | LOAN AGREEMENT MISSING OR DEFECTIVE | MISSING LENDER-SIGNED LOAN AGREEMENT. PROVIDED LOAN AGREEMENT IS NOT SIGNED BY LENDER |  |  | XXXX: RECEIVED | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119598 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | Loan Review Complete | XXXX | Resolved | 600988T30-1 | CREDIT | NO FINDINGS | THE LOAN MEETS ALL APPLICABLE GUIDELINES |  |  |  |  | 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 |
| XXXX | 4350119598 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | Loan Review Complete | XXXX | Resolved | 600988T30-2 | CREDIT | LOAN AGREEMENT MISSING OR DEFECTIVE | MISSING LENDER-SIGNED LOAN AGREEMENT. PROVIDED LOAN AGREEMENT IS NOT SIGNED BY LENDER |  |  | XXXX: RECEIVED | XXXX | 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 |
| XXXX | 4350119593 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | 10927284479 | Credit | Guarantor Identification Missing or Defective | Missing photo identification for borrower XXXX XXXX | XXXX: ID Uploaded | XXXX | XXXX: Received ID | XXXX | D B A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | 4350119593 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Acknowledged | 10927279994 | Credit | Mortgage Payment History Missing or Defective | Borrower is a First Time Investor living rent free and has no housing history. | XXXX: Exception Waiver in file | XXXX | XXXX: Exception Waiver in file | XXXX | 758 credit score, 30+ months reserves with proceeds, Subject property history reflects 0x30x12. D B A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | 4350119595 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | 11064591645 | Credit | Guarantor Identification Missing or Defective | Missing photo identification for borrower: XXXX | XXXX: ID uploaded | XXXX | XXXX: ID received | XXXX | D B A | N/A | N/A D B | N/A D B | N/A D B | N/A D B | N/A D B | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | 4350119595 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | 11064591613 | Credit | Entity Documentation - Missing or Defective | Missing Trust Agreement or Trust Certification for the XXXX XXXX Revocable Trust. There is a Trust Certification in the file but it doesn't indicate which Trust Agreement it's certifying and since there are assets from two Trusts being utilized we need clarification. | XXXX: Uploaded Trust Certification for the XXXX XXXX Revocable Trust | XXXX | XXXX: Received Trust Certification for the XXXX XXXX Revocable Trust | XXXX | D B A | N/A | N/A D B | N/A D B | N/A D B | N/A D B | N/A D B | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| XXXX | 4350119595 |  | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Acknowledged | 11064565859 | Property | Ineligible Property | Ineligible property due to it being a log home and in a rural area. | XXXX: Exception Waiver in file | XXXX | XXXX: Exception Waiver in file | XXXX | FICO higher than 740 and at least 20 points higher than guideline minimum, Monthly reserves is verified and at least 4 months more than guideline minimum, Housing payment history is 0x30x24 or better D B A | N/A | N/A D B | N/A D B | N/A D B | N/A D B | N/A D B | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |

---

## Exhibit 99.20

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.20**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | 4350119600 |  | Borrower 1 Qualifying Income | XXXX | XXXX | Per credit docs |
| XXXX | 4350119605 |  | Borrower 1 Total Years Employment/Self-Employment Verified | 24+ Months | 12-23 Months | Borrower has been self employed for over 24 months |
| XXXX | 4350119600 |  | Borrower Appraisal Receipt Date | XXXX | XXXX | Per appraisal receipt |
| XXXX | 4350119607 |  | Borrower Appraisal Receipt Date | XXXX | XXXX | Per Appraisal Receipt document |
| XXXX | 4350119605 |  | Borrower Appraisal Receipt Date | XXXX | XXXX | Per appraisal receipt page 450 |
| XXXX | 4350119606 |  | Borrower Appraisal Receipt Date | XXXX | XXXX | Appraisal receipt date updated |
| XXXX | 4350119607 |  | Calculated DSCR | 1.013 | 1.0667 | Per Form 1007 and subject housing expense, including higher monthly HOA dues of, $XXXX, vs. Lender calculated dues of, $XXXX. |
| XXXX | 4350119600 |  | Cash Disbursement Date | XXXX | XXXX | Per CD |
| XXXX | 4350119607 |  | Cash Disbursement Date | XXXX | XXXX | Per Final CD |
| XXXX | 4350119600 |  | Cash out Include Debt Paid at Close | XXXX | XXXX | Per CD |
| XXXX | 4350119593 |  | City | XXXX | XXXX | Appraisal reflects subject property in city of XXXX |
| XXXX | 4350119595 |  | City | XXXX | XXXX | Appraisal reflects subject property in city of XXXX |
| XXXX | 4350119606 |  | Loan Program | XXXX | XXXX | DSCR loan, drop down box updated |
| XXXX | 4350119593 |  | Origination Date | XXXX | XXXX | Tape reflects disbursement date instead of closing date |
| XXXX | 4350119607 |  | Originator Doc Type | Debt Service Coverage Ratio | Other | Per Loan Approval |
| XXXX | 4350119606 |  | Originator Doc Type | Debt Service Coverage Ratio | Other | DSCR loan, drop down box updated |
| XXXX | 4350119608 |  | Property Value | XXXX | XXXX | Confirmed with Appraisal Report. |
| XXXX | 4350119603 |  | Qualifying FICO | 729 | 726 | Verified to loan approval / credit report |
| XXXX | 4350119606 |  | Qualifying Total Monthly Liabilities | XXXX | XXXX | Updated liabilities, does not include subj loss, income screen not updated for DSCR loan |
| XXXX | 4350119600 |  | Qualifying Total Reserves Number of Months | 124.79 | 124 | Per CD |
| XXXX | 4350119607 |  | Qualifying Total Reserves Number of Months | 22.72 | 24 | Per asset documentation and subject housing expense |
| XXXX | 4350119605 |  | Qualifying Total Reserves Number of Months | 3.44 | 3 | 3 months reserves are required per Investor Guidelines |
| XXXX | 4350119606 |  | Qualifying Total Reserves Number of Months | 12.5 | 15 | Updated assets |
| XXXX | 4350119595 |  | State | XXXX | XXXX | Appraisal reflects subject property in the state of XXXX |
| XXXX | 4350119607 |  | Total Qualified Assets Available | XXXX | XXXX | Per asset documentation |
| XXXX | 4350119605 |  | Total Qualified Assets Available | XXXX | XXXX | Per asset statement in file |
| XXXX | 4350119606 |  | Total Qualified Assets Available | XXXX | XXXX | Updated assets |

---

## Exhibit 99.21

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.21**

![](ex9921001.jpg)

FORWARD THINKING. SEAMLESS SOLUTIONS**.**

Executive Summary

COLT 2026-2

Dated: February 19, 2026

**290 S Preston Road \| Suite 370 \| Prosper, TX 75078**<br> **P: 888.892.1843** **\| evolvemortgageservices.com** <br>

![](ex9921002.jpg)

Forward Thinking. Seamless Solutions

**EXECUTIVE SUMMARY**

**Overview** 

Evolve Mortgage Services ("Evolve") performed certain due diligence services (the "Review") described below on loans backed by residential properties (the "Loans") originated by a lender and subsequently purchased by Lone Star Residential Acquisitions, LLC (the "Client"). The Review was conducted via files imaged and provided by the lender or its designee for review. The Review results were conveyed to the Client by a Reliance Letter.

**Sample size and criteria.**

The final population of the Review covered 1 Residential Loan totaling an original principal balance of approximately $1,499,999.00. 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 Fitch Ratings, Inc. ("Fitch"), the NRSRO identified in Item 3 of the ABS Due Diligence-15E.

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

Evolve compared data fields on the bid tape provided by the Client and uploaded to the underwriting system to the data found in the Loan file as captured during the Review. The data integrity review was completed versus tapes as provided at the time of initial diligence or subsequently updated. Discrepancies outside of reasonable tolerances were reported. Not all data elements were provided to Evolve on every loan within the securitization population. This comparison, when data was available, included the following data fields:

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| &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 |

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**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

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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 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.

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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.

**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

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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.

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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**SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW**

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

**Compliance Results Summary** 

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| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**Fitch** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;1 | &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;**1** | &nbsp;&nbsp;**100.00%** |

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**Credit Results Summary**

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| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**Fitch** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &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;**1** | &nbsp;&nbsp;**100.00%** |

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**Property Valuation Results Summary**

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| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**Fitch** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;1 | &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;**1** | &nbsp;&nbsp;**100.00%** |

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**Overall Results Summary**

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| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**Fitch** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &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;**1** | &nbsp;&nbsp;**100.00%** |

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**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;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;PITI | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Zip | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |

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**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.

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:

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**<u>FOR APPLICATION DATES BEFORE JANUARY 10, 2014</u>**

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

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

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

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

iii) errors in the right of rescission notice;

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

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

ii) proper execution by all required parties;

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

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

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

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

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

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

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

ii) APR threshold test;

iii) prepayment penalty test; and

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

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

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

ii) compliance with the escrow account and appraisal requirements;

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) <u>Good Faith Estimate (GFE) (§1024.7) *as applicable for loans with application dates*</u> 

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*<u>prior to October 3, 2015:</u>*

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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;

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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

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

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

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

**(V) Federal and state specific late charge and prepayment penalty provisions;**

**(VI) Document Review**

Evolve reviewed each mortgage loan file and verified if the following documents, if applicable, for the Review scope in question at the time of review, were included in the file and if the data on these documents was consistent:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Final application (1003);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Note;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Appraisal;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Sales contract;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Title/Preliminary Title;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Initial TIL;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Final TIL;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Final HUD-1;

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Right of Rescission Disclosure;

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Mortgage Insurance;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Tangible Net Benefit Disclosure;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ FACTA disclosures; and

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

**<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:

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**(VII) Federal Truth in Lending Act ("TILA"), as implemented by Regulation Z, 12 C.F.R. Part 1026 testing included:**

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

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

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

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

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

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

&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 loan to a first-time homebuyer that contains a
negative amortization feature;

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

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

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

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

**(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;&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;i) confirm that the creditor provided the borrower a list of homeownership counseling organizations within three (3) business days of application; and

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ii) confirm that the list of homeownership counseling organizations was obtained no earlier than 30 days prior to when the list was provided to the loan applicant.

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

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

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

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

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

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

*<u>Qualified Mortgage</u>*

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

If a loan was designated as QM and identified as eligible for guarantee, purchase, or insurance by an applicable agency as permitted under the QM final rule, Evolve reviews the loan to determine whether, based on available information in the loan file the loan satisfied (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

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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.

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

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

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

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

iv) with respect to a borrower that has waived the three (3) business day disclosure requirement, confirm that the borrower has signed the waiver or other acknowledgment at least three (3) business days prior to consummation; and (2) confirm that the lender has provided copies of appraisals and other written valuations at or prior to consummation.

**(XI) FIRREA Review**

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

**<u>FOR APPLICATION DATES ON OR AFTER OCTOBER 3, 2015</u>**

For mortgage loans with application dates on or after October 3, 2015 additional compliance testing was applicable and conducted by Evolve. Testing during this period included all items as referenced in the **FOR APPLICATION DATES BEFORE JANUARY 10, 2014 and FOR APPLICATION DATES ON OR AFTER JANUARY 10, 2014** sections above plus:

With regard to TILA-RESPA Integrated Disclosure ("TRID") testing, Evolve implemented the TRID scope of review referenced within the Regulatory Compliance section (III) based on (i) the RMBS 3.0 TRID Compliance Review Scope published by the Structured Finance Association (the "SFA Compliance Review Scope") and (ii) outside counsel's interpretations of the published regulations as of the date of review of each mortgage loan. Evolve worked with outside counsel and continues to obtain updated interpretations relative to the informal guidance provided by the Consumer Financial Protection Bureau ("CFPB") which has caused alterations in the review scope and severity of TRID related exceptions, including applicable cures. (This will continue as necessary as additional guidance becomes available, as well as any future rulemaking.) While Evolve continues to make a good faith effort to identify material TRID exceptions and apply the appropriate grading, the implementation of new regulations (including TRID) that impact residential mortgages carries certain interpretive risk and continues to evolve, impacting the review scope and exception severity. Evolve has worked closely with the NRSRO and Client to disclose, as mutually agreed upon by the parties, the relevant exceptions per Evolve's suggested review implementation as reviewed by outside 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;&nbsp;&nbsp;&nbsp;&nbsp;a) <u>Loan Estimate (LE) (§§1026.19 and 37):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v) confirm that any written estimate of terms or costs provided prior to receipt of a LE contained the required disclosures;

vi) confirm that each revised LE is accompanied by valid written documentation explaining the reason for re-disclosure to allow for fee increases based on a valid

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change of circumstance and was timely provided within 3 business days of issuance;

vii) confirm the presence and timely provision of a settlement service provider list (when consumer is given the opportunity to shop for services);

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

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

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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

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provided to the borrower; and

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

**(XIII) Document Review**

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Loan Estimates;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Closing Disclosures; and

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

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## Exhibit 99.22

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.22**

![](evolve-logo.jpg)

---

| |
|:---|
| **Rating Agency Grades** |
| **Run Date - 02/10/2026 10:19:51 AM** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Deal ID** | **Original Loan Amount** |
| XXXX | XXXX | XXXX | 4350119610 | XXXX C A B |

---

## Exhibit 99.23

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.23**

![](evolve-logo.jpg)

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| |
|:---|
| **Exception Detail** |
| **Run Date - 02/10/2026 10:19:51 AM** |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Deal ID** | **Loan Exception ID** | **Exception ID** | **Exception Date** | **Exception Type** | **Exception Category** | **Exception Subcategory** | **Exception** | **Exception Detail** | **Exception Information** | **Exception Remediation** | **Compensating Factors** | **Follow-up Comments** | **Cleared Date** | **Cured Date** | **Waived Date** | **Exception Level Rating** | **Note Date** | **Property State** | **Occupancy** | **Purpose** | **Originator QM ATR Status** | **TPR QM ATR Status** | **Is Curable** |
| XXXX | XXXX | XXXX | 4350119610 | XXXX | XXXX | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Maximum cash-out proceeds $XXXX. |  | Client waived with compensating factors: DTI 4.149 where a max DTI of 50% allowed. 57.692% LTV where a maximum LTV of 75% allowed. $XXXX Reserves required where $$XXXX reserves available. |  |  |  | XXXX B | 2 | XXXX | XXXX | 1 | 13 C B A |  | Non-QM | 1 |
| XXXX | XXXX | XXXX | 4350119610 | XXXX | XXXX | XXXX | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | Business ownership 2 or more years required. Current business owned 1 yr 10 months. |  | Client waived with compensating factors: DTI 4.149 where a max DTI of 50% allowed. 57.692% LTV where a maximum LTV of 75% allowed. $XXXX Reserves required where $$XXXX reserves available. |  |  |  | XXXX B | 2 | XXXX | XXXX | 1 | 13 C B A |  | Non-QM | 1 |
| XXXX | XXXX | XXXX | 4350119610 | XXXX | XXXX | XXXX | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Payment Shock above 3.0x is permitted with senior management approval, not to exceed 5.0x. Primary owner free and clear. |  | Client waived with compensating factors: DTI 4.149 where a max DTI of 50% allowed. 57.692% LTV where a maximum LTV of 75% allowed. $XXXX Reserves required where $$XXXX reserves available. |  |  |  | XXXX B | 2 | XXXX | XXXX | 1 | 13 C B A |  | Non-QM | 1 |

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## Exhibit 99.24

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.24**

![](evolve-logo.jpg)

---

| |
|:---|
| **Valuation Report** |
| **Run Date - 02/10/2026 10:19:51 AM** |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **BPO Values** | **BPO Values** | **BPO Values** | **BPO Values** | **BPO Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **2055 Values** | **2055 Values** | **2055 Values** | **2055 Values** | **2055 Values** | **Updated Values** | **Updated Values** | **Updated Values** | **Updated Values** | **Updated Values** | **Updated Multi Property Values** | **Updated Multi Property Values** | **Updated Multi Property Values** | | |
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Deal ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Appraised Value** | **Value for LTV** | **Appraisal Date** | **Appraisal Type** | **Appraisal Company** | **Appraiser Name** | **Appraiser State License Number** | **Second Appraisal Value** | **Variance Amount** | **Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Confidence Score** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **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** |
| XXXX | XXXX | XXXX | 4350119610 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | $0.00 | 0.00% | XXXX | Reasonable | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |

---

## Exhibit 99.25

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.25**

![](evolve-logo.jpg)

---

| |
|:---|
| **Data Compare** |
| **Run Date - 02/10/2026 10:19:51 AM** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Deal ID** | **Field Label** | **Bid Tape Field Value** | **Field Value** | **Comment** |
| XXXX | XXXX | XXXX | 4350119610 | Doc Type | Alternative | Bank Statement | 12-month Bank Statement |
| XXXX | XXXX | XXXX | 4350119610 | PITI | XXXX | XXXX | $XXXX full PITI |
| XXXX | XXXX | XXXX | 4350119610 | Property Zip | XXXX | XXXX | Verified |

---

## Exhibit 99.26

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.26**

**EXECUTIVE SUMMARY**

COLT 2026-2

**Overview** 

Maxwell Diligence Solutions, LLC ("MaxDiligence"), a third-party diligence provider, performed certain due diligence services (the "Review") described below on residential mortgage loans acquired by Lone Star Residential Acquisitions, LLC (the "Client"). The Review was conducted from October 2025 to February 2026 on mortgage loans (the "Loans") originated from August 2025 to February 2026.

The review consisted of 100% of the population of 118 loans with an original loan balance of $54,173,720.00.

**Scope of Review**

**Credit Review**

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

The credit review included the following (collectively, the "Credit Review"):

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Form is complete, signed, dated, on or before loan consummation date, and NMLS is complete

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Review AUS Decision and Approval Conditions</u> 

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Validation of income calculations

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Validation of debt-to-income ratio ("DTI") calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Validation of debt service coverage ratio ("DSCR") calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Validation of LTV calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Validation of payment shock calculations if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. DSCR Loans

![](ex9926001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Review of hazard coverage and verification that sufficient coverage was in place on subject and all premiums were included
in DSCR calculation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Mortgage insurance certificate was in file, if applicable, and coverage was sufficient, and premium was included in DSCR

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Review of rental income and/or market rents and validation of DSCR calculation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Review Occupancy/Red Flags</u> 

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Occupancy is supported

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Occupancy red flags adequately addressed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Reverification of Borrower Original and Audit Credit Report</u> 

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. "Doing business as" or "also known as" names investigated and cleared

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Validate credit inquiries within 90 days have been properly addressed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Acceptable credit history and credit score requirements in conformance with applicable guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Reviews Fraud Report to compare vs loan documentation:</u> 

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Reveals any potential bankruptcy filings

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Review of Borrower Employment, Income, and Asset Information</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Compare for conflicting information

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Complete forms and documentation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Evaluate history and stability of employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Review employment and income by analyzing income documents and comparing against re-verification documents

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. W-2s and Paystubs, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Transcripts (as applicable) support income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Tax Returns and Profit and Loss Statements, as applicable

&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

![](ex9926001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Rental Income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Compare for conflicting information

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Review rental income or DSCR by analyzing income documents and comparing against re-verification documents

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Leases, proof of rent received, 3rd party market rent validation, as applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Proof of Short Term rents received, as per guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Assets

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Sufficient funds were sourced and seasoned

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Gift funds verified and met guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>Review Sales Contract</u> 

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>Mortgage Insurance (if applicable)</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Certificate in file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Sufficient Coverage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Premium indicated and included in DTI

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Review Title Commitment/Policy</u> 

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

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

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

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

&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

![](ex9926001.jpg)

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Closing Disclosure or Settlement Statements

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. <u>Qualified Mortgage / Ability-to-Repay Review</u> 

Loans with application dates after January 10, 2014 and prior to October 1, 2022 are subject to the Qualified Mortgage ("QM") rule and the Ability to Repay ("ATR") rule under Regulation Z of the Truth in Lending Act, as amended. Effective October 1, 2022, loans with application dates on or after such date must comply with the General QM Final Rule, as well as the ATR rule. For these Loans, MaxDiligence will (a) confirm that the creditor provided a QM designation and (b) review the Loan for the eight (8) underwriting factors set forth Section 12(E)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. MaxDiligence reviewed each mortgage loan to determine each mortgage loan's status under the
QM and ATR rule requirements and assign a QM and ATR designation as determined by MaxDiligence. MaxDiligence will note as a material
exception if its QM and ATR designations do not confirm to the originator's original QM and ATR designations. Additionally,
MaxDiligence will note if an originator's mortgage loan designation was not provided. MaxDiligence shall use the following
designations:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. MaxDiligence utilizes the following QM designations for applicable loans:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) QM Safe-Harbor (also known as General QM)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) QM Rebuttal Presumption (including Higher-priced loans)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) Temporary QM (for all applications prior to October 1, 2022)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) Non-QM

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. MaxDiligence utilizes the following ATR designations for applicable loans:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) ATR Compliant

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) ATR Fail

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) ATR Exempt

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. In order to determine the QM designation, as applicable, MaxDiligence will review each Loan for
the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Use of any risky mortgage loan features and terms (e.g. an interest only feature or negative amortization);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Do the "points and fees" exceed the applicable QM threshold;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Was monthly payment calculated appropriately;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Did the creditor considered and verify income or assets at or before consummation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Did the creditor appropriately considered debt obligations, alimony and child support;

![](ex9926001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. For mortgage loan applications prior to October 1, 2022, if the DTI ratio exceeded 43% (calculated
in accordance with Appendix Q to Regulation Z).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. For mortgage loan applications on and after October 1, 2022, for which the annual percentage rate
does not exceed the average prime offer rate for a comparable transaction as of the date the interest rate is set by the amounts
specified based on loan amount (adjusted annually on January 1 by the annual percentage change in the Consumer Price Index for
All Urban Consumers (CPI-U) that was reported on the preceding June 1) and the lien position of the proposed credit:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) For a first-lien covered transaction with a loan amount greater than or equal to $110,260 (indexed
for inflation), 2.25 or more percentage points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) For a first-lien covered transaction with a loan amount greater than or equal to $66,156 (indexed
for inflation) but less than $110,260 (indexed for inflation), 3.5 or more percentage points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) For a first-lien covered transaction with a loan amount less than $66,156 (indexed for inflation),
6.5 or more percentage points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) For a first-lien covered transaction secured by a manufactured home with a loan amount less than
$110,260 (indexed for inflation), 6.5 or more percentage points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e) For a subordinate-lien covered transaction with a loan amount greater than or equal to $66,156
(indexed for inflation), 3.5 or more percentage points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f) For a subordinate-lien covered transaction with a loan amount less than $66,156 (indexed for inflation),
6.5 or more percentage points.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Upon completion of Section 12(B) above, if a Loan is determined to be a QM loan, MaxDiligence will
determine if the Loan is a Higher-Priced Mortgage Loan ("HPML") as defined by 12 CFR 1026.35:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If the Loan is HPML, then the Loan shall be designated as QM Rebuttal Presumption (Higher Priced);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. If the Loan is not an HPML, then the Loan shall be designated as QM Safe Harbor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Upon completion of Section 12(B) above, for each Loan that is designated as Non-QM, MaxDiligence
then will determine whether the mortgage loan complies with the ATR rule, in accordance with the Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. MaxDiligence will evaluate the Loan for ATR compliance based on the following eight factors and
will verify such information using reasonably reliable third-party records, at or before consummation:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Income / Assets: Recalculate borrower(s)'s monthly gross income, and validate funds required
to close and required reserves, to confirm that the borrower has current or reasonably expected income or assets (other than

![](ex9926001.jpg)

the value of the property that secures the Loan) that the borrower will rely on to repay the Loan. Review Loan documentation for required level of income and asset verifications.

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Simultaneous Loans: Ensure that all concurrent Loans were included in the DTI calculation, to properly
assess the ability to repay.

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Upon completion of Section 12(E) above, MaxDiligence will assign an ATR designation.

**Property Review**

MaxDiligence performed a "Property Review," which included the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Property Review</u> 

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

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

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

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

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

&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

![](ex9926001.jpg)

XI of FIRREA, or if the appraisal was performed for another lender, the file contains a transfer letter from the original lender

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Determine whether the appraised value is supported at or within 10% variance based on a third-party valuation product. If a
third-party valuation product is in file but notes a variance above 10% or an inconclusive value, MaxDiligence recommended a BPO
or field review be ordered.

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Other aspects of MaxDiligence's review included (i) verifying that the address matched the mortgage note, ((ii) if requested,
noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying the Client of same,
(iii) confirming the appraisal report does not include any apparent environmental problems, (iv) confirming the appraisal notes
the current use of the property is legal or legal non-conforming (grandfathered), (v) reviewing pictures to ensure (a) that the
property is in average or better condition and any repairs are noted where required and (b) that the subject property is the one
for which the valuation was ordered and that there are no negative external factors; and (vi) confirming that the value product
that was used as part of the origination decision conforms with rating agency requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. If more than one valuation was provided, MaxDiligence will confirm consistency among the valuation products and if there are
discrepancies that could not be 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

![](ex9926001.jpg)

property valuation products included in MaxDiligence's review result in a variance of more than 10% then the client will be notified of such variance.

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

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

**Compliance Review**

"Compliance Review" means that MaxDiligence reviewed each Loan to determine, as applicable and subject to the limitations below, whether the Loan complied with the applicable Federal, State, and local regulatory requirements, each as amended. A Compliance Review shall not apply to business purpose loans.

The below Compliance Review is applicable to Loans with an application date on or after October 3, 2015, which are subject to the TILA/RESPA Integrated Disclosure Rule ("<u>TRID</u>"). With regard to TRID testing, MaxDiligence implemented the TRID scope of review as detailed in (i) Section III -Regulatory Compliance of the SFA RMBS TRID Grid 4.0 Compliance Review Scope published by the Structured Finance Association (formerly SFIG) (the "SFA RMBS Compliance Review Scope") and (ii) outside counsel's interpretations of the published regulations as of the date of review of each mortgage loan. On an ongoing basis, MaxDiligence reviews updated interpretations of TRID through informal guidance provided by the Consumer Financial Protection Bureau ("CFPB"), such CFPB guidance may cause changes in the review scope and severity of TRID related exceptions, including applicable cures. While MaxDiligence continues to make a good faith effort to identify material TRID exceptions and apply the appropriate grading, the implementation of new regulations (including TRID) that impact residential mortgages carries certain interpretive risk and continues to evolve, impacting the review scope and exception severity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Loan Estimates ("LEs")</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review the Initial LE and confirm (i) the correct form was used; (ii) all sections of the Initial
LE are completed; and (iii) the Initial LE accurately reflects the information provided to MaxDiligence

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. If there is a Revised LE, confirm (i) that there is a "valid reason" for the Revised
LE; and (ii) that the Revised LE was issued within three (3) days of the change.

&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.

![](ex9926001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Confirm initial LE was delivered within three (3) Business Days from the application date, and
at least seven (7) Business Days prior to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Confirm revised LE was delivered within three (3) Business Days from date of the "valid reason"
giving rise to the Revised LE, and at least four (4) Business Days prior to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Confirm that certain sections of each LE determined to carry assignee liability were accurately
completed and that information was reflected in the appropriate locations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Closing Disclosures ("CDs")</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review the CD review and confirm (i) the correct form was used; (ii) all sections of the CD are
completed; and (iii) the CD accurately reflects the information provided to MaxDiligence.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. If a subsequent CD is issued, confirm (i) that there was a valid reason for the change; (ii) that
the CD was issued within three (3) days of the change; and (iii) whether the reason for the change requires a new 3-day waiting
period prior to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Confirm Initial CD, and any subsequent CD with material changes (i.e. changes that require a new
waiting period), was received at least three (3) Business Days prior to the consummation date. With respect to applicable exception
remediation measures for numerical exceptions, confirm that a letter of explanation, as well as a refund as applicable, was delivered
or placed in the mail no later than 60 days after discovery of the exception establishing the need for a revised CD or with respect
to exception remediation measures for non-numerical exceptions, that a corrected CD was delivered or placed in the mail no later
than 60 days after consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Federal Truth in Lending Act</u> ("TILA"), as implemented by Regulation Z, 12 C.F.R.
Part 1026, as set forth below:

Rescission

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

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

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

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

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

&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;

![](ex9926001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Tolerance Testing</u>. Compare the fees disclosed in the final binding LE to those in the final
CD, and confirm that final CD fees are within the permitted tolerances. Confirm the total of payments are considered accurate as
defined by Regulation Z. Confirm Finance Charge tolerances are correct.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Subsequent Changes</u>. Review the file to determine (i) whether there is evidence that certain
changes or errors (per the regulation) were discovered subsequent to closing, (ii) and whether the Loan originator followed the
prescribed cure. Test for evidence such as a copy of the refund check, or a corrected, post-consummation CD (" <u>PCCD</u> "),
and iii) with respect to applicable exception remediation measures for numerical exceptions, confirm that a letter of explanation,
as well as a refund as applicable, was delivered or placed in the mail no later than 60 days after discovery of the exception establishing
the need for a revised CD or with respect to exception remediation measures for non-numerical exceptions, that a corrected CD was
delivered or placed in the mail no later than 60 days after consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Loan Toolkit (§1026.19)</u>:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Confirm Your Home Loan Toolkit was delivered or placed in the mail not later than three (3) Business
Days after receipt of application.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>TILA</u> 

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. With respect to brokered mortgage loans, the Prohibitions and Restrictions related to Loan Originator
Compensation and Steering (§1026.36):

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Review relevant document to determine if there was dual compensation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Review the presence of the mortgage loan option disclosure and to determine if the Steering Safe
Harbor provisions were satisfied.

● Note: Where available, MaxDiligence reviewed the relevant documents in the mortgage loan file and, as necessary, attempted

![](ex9926001.jpg)

to obtain the mortgage loan originator compensation agreement and/or governing policies and procedures of the mortgage loan originator. In the absence of the mortgage loan originator compensation agreement and/or governing policies and procedures, MaxDiligence's review was limited to formal general statements of entity compliance provided by the mortgage loan originator, if any. These statements, for example, were in the form of a letter signed by the seller correspondent/mortgage loan originator or representations in the mortgage loan purchase agreement between the Client and seller correspondent;

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Determine if the creditor financed, directly or indirectly, any premiums or fees for credit insurance
in jurisdictions where it is prohibited.

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Verify the data against the NMLSR database, as available.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. <u>RESPA</u>:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm the presence of the Servicing Disclosure Statement form in the mortgage loan file;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Verify the Servicing Disclosure Statement was provided to the borrower(s) within three (3) Business
Days of application;

&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;

![](ex9926001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Confirm that the CHARM booklet was issued within three (3) Business Days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. Confirm the presence of the Affiliated Business Arrangement Disclosure in the mortgage loan file
in the event the lender has affiliated business arrangements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Confirm the Affiliated Business Arrangement Disclosure was provided no later than three (3) Business
Days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ix. Confirm the Affiliated Business Arrangement Disclosure is executed;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Confirm the presence of the Initial Escrow Disclosure Statement in the mortgage loan file and proper
timing;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;xi. Confirm that the creditor provided the borrower a list of homeownership counselling organizations
within three (3) Business Days of application; and

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>ECOA</u>: The Equal Credit Opportunity Act, as implemented by Regulation B, 12 C.F.R. Part 1002,
as set forth below:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Timing and content of the right to receive copy of appraisal disclosure;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Charging of a fee for a copy of the appraisal or other written valuation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Timing of creditor providing a copy of each appraisal or other written valuation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. iv) With respect to a borrower that has waived the three (3) Business Day disclosure requirement,
confirm that (a) the borrower has signed the waiver or other acknowledgment at least three (3) Business Days prior to consummation;
and (b) that the lender has provided copies of appraisals and other written valuations at or prior to consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Other Provisions</u> 

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

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

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

&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;

![](ex9926001.jpg)

&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 66.95% of the pool receiving an overall "A" grade.

**Final Loan Grades**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Rating Agency Final Overall Grade Summary** | &nbsp;&nbsp;**Rating Agency Final Overall Grade Summary** | &nbsp;&nbsp;**Rating Agency Final Overall Grade Summary** |
| &nbsp;&nbsp;**Overall** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;79 | &nbsp;&nbsp;66.95% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;39 | &nbsp;&nbsp;33.05% |
| &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;**118** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Final Credit Grade Summary** | &nbsp;&nbsp;**Final Credit Grade Summary** | &nbsp;&nbsp;**Final Credit Grade Summary** |
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;82 | &nbsp;&nbsp;69.49% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;36 | &nbsp;&nbsp;30.51% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

![](ex9926001.jpg)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**118** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Final Property Grade Summary** | &nbsp;&nbsp;**Final Property Grade Summary** | &nbsp;&nbsp;**Final Property Grade Summary** |
| &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;114 | &nbsp;&nbsp;96.61% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;4 | &nbsp;&nbsp;3.39% |
| &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;**118** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Final Compliance Grade Summary** | &nbsp;&nbsp;**Final Compliance Grade Summary** | &nbsp;&nbsp;**Final Compliance Grade Summary** |
| &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;118 | &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;**118** | &nbsp;&nbsp;**100.00%** |

---

**Exception Category Summary**

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

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Exception <br> Type** | &nbsp;&nbsp;**Exception <br> Level <br> Grade** | &nbsp;&nbsp;**Exception Category** | &nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;All Interested Parties Not Checked with Exclusionary Lists | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Approval - Lender Income Calculation Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Approval/Underwriting Summary Deficient | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Approval/Underwriting Summary Not Provided | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Asset 1 Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Asset 1 Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Asset 2 Expired | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Asset 4 Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Asset 4 Less Than 2 Months Verified | &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;Assets - Authorization Access for Joint Account | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Assets - Earnest Money Deposit | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Assets - Insufficient Cash to Close or Reserves | &nbsp;&nbsp;1 |

---

![](ex9926001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;Assets - Miscellaneous | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Audited DTI Exceeds Guideline DTI | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Audited LTV Exceeds Guideline LTV | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Borrower 1 3rd Party VOE Prior to Close Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Borrower 1 Gap Credit Report is Missing | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Borrower 1 Lease Agreements Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Borrower 2 3rd Party VOE Prior to Close Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Borrower 2 Paystubs Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Calculated DSCR does not meet the Minimum DSCR allowed | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Citizenship Documentation Not Provided | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Corporation/LLC: EIN Doc is Incomplete | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Corporation/LLC: Operating Agreement Doc is Incomplete | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Eligibility - Borrower Identity | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Employment - Potential Issues | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Evidence of Property Tax Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Final Settlement Statement Missing. | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Flood Certificate Missing | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Fraud Report - Fraud Alerts | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Fraud Report Shows Uncleared Alerts | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Gift Letter - Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Gift Letter - No Evidence for Transfer of Funds | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Hazard Insurance Coverage Amount is less than Required Coverage Amount | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Hazard Insurance Policy is Missing | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Hazard Insurance Policy is Partial | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;HO6 Master Insurance Policy is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Housing History Does Not Meet Guideline Requirements | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Income - Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Income - LOE Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Income - Rental Property | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Liabilities - Payoff Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Liabilities - REO | &nbsp;&nbsp;7 |
| &nbsp;&nbsp;Master Policy Expiration Date is Prior To the Transaction Date | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Missing Business Purpose Affidavit | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Missing Property Tax Cert | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Missing VOM or VOR | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;No Credit Findings | &nbsp;&nbsp;43 |
| &nbsp;&nbsp;OFAC Check Not Completed and/or Cleared | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Potential Occupancy/Current Address Issues identified in the file | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Program Parameters - Guidelines Conformity | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Program Parameters - Product Type | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property Title Issue | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Third Party Fraud Report not Provided | &nbsp;&nbsp;3 |

---

![](ex9926001.jpg)

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Title - Ownership Issue | &nbsp;&nbsp;2 |
|  |  | &nbsp;&nbsp;Title - Unpaid Liens | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Title Document Missing | &nbsp;&nbsp;3 |
|  |  | &nbsp;&nbsp;***Total Credit Grade (A) Exceptions*** | &nbsp;&nbsp;***153*** |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Asset do not meet guidelines | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited CLTV Exceeds Guideline CLTV | &nbsp;&nbsp;7 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited FICO is less than Guideline FICO | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited HCLTV Exceeds Guideline HCLTV | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited Loan Amount is less than Guideline Minimum Loan Amount | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited LTV Exceeds Guideline LTV | &nbsp;&nbsp;13 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Builder is in control of HOA | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Calculated DSCR does not meet the Minimum DSCR allowed | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Credit Documentation - Letter of Explanation | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Eligibility - Investor Experience | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Employment - Insufficient Years Self-Employed | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Housing History Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage is less than all Subject Lien(s) and Replacement Cost Value Provided | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Other Credit Finding | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Program Parameters - Borrower/Business Entity Ineligibility | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Program Parameters - Guidelines Conformity | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Program Parameters - LTV | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Program Parameters - Seller Contributions | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Title - Ownership Issue | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions*** | &nbsp;&nbsp;***53*** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Appraisal is Expired | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Appraisal is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Loan Purpose is Purchase but Purchase Contract Doc is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Doc - 3rd Party Valuation Product/Missing | &nbsp;&nbsp;7 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Property is Lease Hold | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Value - Value is supported within -10% of original appraisal amount | &nbsp;&nbsp;106 |
|  |  | &nbsp;&nbsp;***Total Property Grade (A) Exceptions*** | &nbsp;&nbsp;***117*** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;B | &nbsp;&nbsp;Property Issue - Property Size | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;B | &nbsp;&nbsp;Value - AVM/BPO/Desk Review did not support Value within -10% | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;***Total Property Grade (B) Exceptions*** | &nbsp;&nbsp;***4*** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;1-4 Family Rider is Missing | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Charges That Cannot Increase Test (50001251) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Closing Detail Statement Indicator is Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Federal - Closing Disclosure and Consummation Date | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Insufficient Change of Circumstance (50001252) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Intent to Proceed is Missing or Incomplete | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Loan Originator NMLS is Not Valid | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Loan Originator NMLS Status is Unknown | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Attorney Preference Letter | &nbsp;&nbsp;1 |

---

![](ex9926001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;Missing Doc - Affiliated Business Disclosure/Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Missing Doc - Homeownership Counseling Disclosure/Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Missing evidence Mortgage/Deed of Trust will be recorded | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Missing evidence of rate lock | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Missing Prepayment Rider | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;No Compliance Findings | &nbsp;&nbsp;24 |
| &nbsp;&nbsp;No Compliance Tests Performed | &nbsp;&nbsp;75 |
| &nbsp;&nbsp;PUD Rider is Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;The Deed of Trust is Incomplete | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;The Deed of Trust is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;The Final 1003 is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;The Initial 1003 is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;TRID: Missing Final Closing Disclosure | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;TRID: Missing Initial Closing Disclosure | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;TRID: Missing Loan Estimate | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;***Total Compliance Grade (A) Exceptions*** | &nbsp;&nbsp;***129*** |

---

**Tape Integrity Review Results Summary**

As part of the Credit, Property and Compliance Reviews, MaxDiligence captured data from the source documents and compared it to a data tape provided by Client. MaxDiligence provided Client a Data Discrepancy Report which shows the differences between the tape data and the data captured by MaxDiligence during the diligence process.

Of the 118 mortgage loans reviewed, 75 unique mortgage loans (by loan count) had a total of 144 different tape discrepancies across 35 data fields (some mortgage loans may have had more than one). A blank or zero value on the data tape when an actual value was captured by MaxDiligence was not treated as a data variance.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Loans With <br> Discrepancy** | &nbsp;&nbsp;**Total Times <br> Compared** | &nbsp;&nbsp;**% Variance** |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;1 | &nbsp;&nbsp;118 | &nbsp;&nbsp;0.85% |
| &nbsp;&nbsp;Application Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;118 | &nbsp;&nbsp;0.85% |
| &nbsp;&nbsp;B1 Verified Citizenship Designation | &nbsp;&nbsp;1 | &nbsp;&nbsp;118 | &nbsp;&nbsp;0.85% |
| &nbsp;&nbsp;Borrower 1 Citizen | &nbsp;&nbsp;5 | &nbsp;&nbsp;118 | &nbsp;&nbsp;4.24% |
| &nbsp;&nbsp;Borrower 1 Entity Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;118 | &nbsp;&nbsp;0.85% |
| &nbsp;&nbsp;Borrower 1 First Name | &nbsp;&nbsp;2 | &nbsp;&nbsp;118 | &nbsp;&nbsp;1.69% |
| &nbsp;&nbsp;Borrower 1 FTHB | &nbsp;&nbsp;1 | &nbsp;&nbsp;118 | &nbsp;&nbsp;0.85% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;11 | &nbsp;&nbsp;118 | &nbsp;&nbsp;9.32% |
| &nbsp;&nbsp;Borrower 1 Qualifying Income | &nbsp;&nbsp;9 | &nbsp;&nbsp;118 | &nbsp;&nbsp;7.63% |
| &nbsp;&nbsp;Borrower 1 Self-Employment Flag | &nbsp;&nbsp;1 | &nbsp;&nbsp;118 | &nbsp;&nbsp;0.85% |

---

![](ex9926001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Borrower 2 First Name | &nbsp;&nbsp;2 | &nbsp;&nbsp;118 | &nbsp;&nbsp;1.69% |
| &nbsp;&nbsp;Borrower 2 Last Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;118 | &nbsp;&nbsp;0.85% |
| &nbsp;&nbsp;Borrower 3 First Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;118 | &nbsp;&nbsp;0.85% |
| &nbsp;&nbsp;Calculated DSCR | &nbsp;&nbsp;9 | &nbsp;&nbsp;118 | &nbsp;&nbsp;7.63% |
| &nbsp;&nbsp;Cash out Include Debt Paid at Close | &nbsp;&nbsp;2 | &nbsp;&nbsp;118 | &nbsp;&nbsp;1.69% |
| &nbsp;&nbsp;Final Reviewed QM Status | &nbsp;&nbsp;5 | &nbsp;&nbsp;118 | &nbsp;&nbsp;4.24% |
| &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;1 | &nbsp;&nbsp;118 | &nbsp;&nbsp;0.85% |
| &nbsp;&nbsp;Interest Rate | &nbsp;&nbsp;8 | &nbsp;&nbsp;118 | &nbsp;&nbsp;6.78% |
| &nbsp;&nbsp;Is the Condo Project warrantable | &nbsp;&nbsp;1 | &nbsp;&nbsp;118 | &nbsp;&nbsp;0.85% |
| &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;1 | &nbsp;&nbsp;118 | &nbsp;&nbsp;0.85% |
| &nbsp;&nbsp;Loan Type | &nbsp;&nbsp;11 | &nbsp;&nbsp;118 | &nbsp;&nbsp;9.32% |
| &nbsp;&nbsp;Number of Units | &nbsp;&nbsp;1 | &nbsp;&nbsp;118 | &nbsp;&nbsp;0.85% |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;1 | &nbsp;&nbsp;118 | &nbsp;&nbsp;0.85% |
| &nbsp;&nbsp;Originator DSCR | &nbsp;&nbsp;3 | &nbsp;&nbsp;118 | &nbsp;&nbsp;2.54% |
| &nbsp;&nbsp;Primary Appraised Property Value | &nbsp;&nbsp;1 | &nbsp;&nbsp;118 | &nbsp;&nbsp;0.85% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;9 | &nbsp;&nbsp;118 | &nbsp;&nbsp;7.63% |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;3 | &nbsp;&nbsp;118 | &nbsp;&nbsp;2.54% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;5 | &nbsp;&nbsp;118 | &nbsp;&nbsp;4.24% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;9 | &nbsp;&nbsp;118 | &nbsp;&nbsp;7.63% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;5 | &nbsp;&nbsp;118 | &nbsp;&nbsp;4.24% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;4 | &nbsp;&nbsp;118 | &nbsp;&nbsp;3.39% |
| &nbsp;&nbsp;Qualifying Total Reserves Number of Months | &nbsp;&nbsp;16 | &nbsp;&nbsp;118 | &nbsp;&nbsp;13.56% |
| &nbsp;&nbsp;Reviewed Total Debt Income Ratio | &nbsp;&nbsp;2 | &nbsp;&nbsp;118 | &nbsp;&nbsp;1.69% |
| &nbsp;&nbsp;Underwriting Guideline Version Date | &nbsp;&nbsp;4 | &nbsp;&nbsp;118 | &nbsp;&nbsp;3.39% |
| &nbsp;&nbsp;Verified Doc Type | &nbsp;&nbsp;6 | &nbsp;&nbsp;118 | &nbsp;&nbsp;5.08% |

---

**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. |

---

---

| | |
|:---|:---|
| &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. |

---

![](ex9926001.jpg)

---

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

---

## Exhibit 99.27

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.27**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Mapped ID** | **Deal ID** | **Customer Loan ID** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Last Name** | **Property State** | **Occupancy** | **Purpose** | **Originator QM Status** | **TPR QM Status** | **Exception ID** | **Exception Number** | **Exception Date** | **Exception Type** | **Exception Subcategory** | **Exception** | **Exception Remedy** | **Rebuttal** | **TPR Response** | **Compensating Factors** | **Status Update Date** | **Finding Status** | **Initial Exception Grade** | **Final Exception Grade** | **Initial Loan Grade** | **Final Loan Grade** |
| XXXX | XXXX | 4350119611 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | 1-4 Family Rider is Missing | The file is missing the 1-4 Family Rider. <br>|  | Document Uploaded. Please see the attached assignment of leases. - XXXX | Assignment of Leases and Rents was provided. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119611 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119611 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Program Parameters - Product Type | The subject loan does not meet program parameters for product type. Loan term on the signed final Note is 348 total loan term. Product should be 30 Year Amortization Term (360). <br>|  | Document Uploaded. Updated Note attached - - XXXX | Corrected Note provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119612 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119612 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119612 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  | The loan meets all applicable credit guidelines. - XXXX |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119613 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 10 | XXXX | Credit | Property Title Issue | Provide final title policy to show the subject is in first lien position, due to the following: Title Commitment reflects property title was not in Borrower's name (XXXX, XXXX - XXXX, PROTECTED SERIES) at time of closing. Mechanic's Lien $XXXX dated XXXX not satisfied. Pending lawsuit with borrower as defendant has not been released. Property title issue. <br>|  | Document Uploaded. Stamped closing instructions / Signed updated/marked up commitment from title attached. - XXXX | Property Title Issue Resolved - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119613 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 10 | XXXX | Credit | Builder is in control of HOA | Is the developer/builder in control of the Homeowners' Association (HOA)? Yes; Per condo questionnaire 2. Has the developer transferred control of the HOA to the unit owners? Yes, date transferred: no date. Questionnaire completed XXXX which is after appraisal, but have no information on who is in control. Builder is in control of HOA. <br>|  | Document Uploaded. Please see the attached condo regime documents and comment from borrowers attorney "Initially, these units were held in XXXX owned by XXXX. Then XXXX transferred the units to various entities XXXX owns and controls. Our condo docs define declarant as the owner of the property at the time the con regime is impose and that person or entities successor is an assigned. It is my understanding that XXXX, or these various entities XXXX owns and controls, still own all of the units, so the Declarant Control Period is still in effect." - 01/27/2026 | Received documentation and explanation that builder is still in control of HOA. Provide XXXX exception approval or other XXXX management acknowledgment of loan approval of a condominium unit located in a non-warrantable condominium project with compensating factors. Guidelines state non-warrantable condominium projects are allowable at XXXX Discretion. Approved exception is in file that references loan approved whether project is warrantable or non-warrantable. - XXXX | Repeat currently performing customer, XXXX+ years property management experience, 0x30x24 housing history, PITIA reserves above min by XXXX months | XXXX | Waived | 3 | 2 | 4 | 2 |
| XXXX | XXXX | 4350119613 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 10 | XXXX | Credit | Flood Certificate Missing | Missing flood certificate. <br>|  | Flood cert updated - XXXX<br> Document Uploaded. Please see the attached. - XXXX | Flood Certificate is fully present - XXXX<br> Flood cert updated - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119613 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 10 | XXXX | Credit | OFAC Check Not Completed and/or Cleared | OFAC check not completed and/or cleared. Per guidelines OFAC check dated no more than 120 days from the Note date is to be completed. <br>|  | OFAC cleared - XXXX<br> Document Uploaded. Please see the attached fresh OFACs. - XXXX | OFAC Check Completed and Cleared - XXXX<br> OFAC cleared - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119613 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 10 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119613 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 10 | XXXX | Credit | Hazard Insurance Policy is Missing | Missing hazard insurance policy. Project master insurance policy. <br>|  | Master HOI updated - XXXX<br> Document Uploaded. Please see the attached. - XXXX | Hazard Insurance Policy was provided. - XXXX<br> Master HOI updated - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119613 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 7 of 10 | XXXX | Credit | Title - Ownership Issue | Title documents provided in the loan file reflected potential ownership issues. Provide Operating Agreement for XXXX, to confirm subject transaction Guarantor was authorized to execute the General Warranty Deed vesting XXXX to subject property. General Warranty Deed vesting XXXX was executed XXXX by XXXX, signed by subject transaction Guarantor. However, no documentation in file to support Guarantor authorized to execute the General Warranty Deed and to support guideline seasoning requirements for subject refinance cash-out transaction. <br>|  | Business ownership updated - XXXX<br> Document Uploaded. XXXX XXXX LLC OA attached, showing PG as sole member. - XXXX | Business ownership updated - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119613 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 8 of 10 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119613 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 9 of 10 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Provide approved underwriting exception with compensating factors for non-warrantable condominium, due to the following: The subject property is non-warrantable, as the Developer is in control of HOA and Developer owns 100% of the project units per condo questionnaire and 1004 appraisal report. The subject does not meet Split-lot Condo Unit requirements in order to be considered warrantable as the project exceeds XXXX total units.  |  | Document Uploaded. Please see the attached. - XXXX | Received exception for split lot condo, non warrantable - XXXX | Repeat currently performing customer, XXXX+ years property management experience, 0x30x24 housing history, PITIA reserves above min by XXXX months | XXXX | Waived | 3 | 2 | 4 | 2 |
| XXXX | XXXX | 4350119613 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 10 of 10 | XXXX | Credit | Master Policy Expiration Date is Prior To the Transaction Date | Master Policy expiration date is prior to the transaction date. <br>|  |  | Master Policy Expiration Date of XXXX is Equal to or After the Transaction Date of XXXX Or Master Policy Expiration Date Is Not Provided - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119614 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 6 | XXXX | Credit | Property Title Issue | Property title issue. Per the title commitment, title to the subject property is currently vested in XXXX, a XXXX limited liability company, rather than XXXX, as reflected in the loan file. Additionally, the title commitment discloses existing liens including a $XXXX lien in favor of XXXX, a second $XXXX lien in favor of XXXX, and a Mechanic's Lien in the amount of $XXXX held by XXXX dba XXXX. Please provide documentation evidencing proper vesting of title into XXXX and written confirmation addressing the status, payoff, subordination, or removal of all noted liens prior to or at closing, as applicable, to ensure compliance with underwriting and title requirements. <br>|  | Document Uploaded. Lawyer countersigned closing instructions attached to go along with the previously uploaded stamped closing instructions from title. Have also uploaded email correspondence from title confirming that all liens were removed with closing and subject DOT is in first position. Final Title Policy will take ~90 days post close. - XXXX<br> Document Uploaded. Warranty Deed, XXXX OA, Stamped Closing Instructions, signed/marked up commitment from Title attached. - XXXX | Documentation is sufficient. - XXXX<br> The general warranty deed transferring ownership from XXXX to XXXX has been received, along with the operating agreement showing that the borrower is the sole owner of XXXX. However, the attorney's letter provided has not been executed by the attorney or title company, nor has the final title policy been provided. Please provide the updated letter along with the final title policy. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119614 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 6 | XXXX | Compliance | 1-4 Family Rider is Missing | The file is missing the 1-4 Family Rider. <br>|  | Document Uploaded. - XXXX | Received the Assignment of Leases. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119614 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 6 | XXXX | Credit | Flood Certificate Missing | Missing flood certificate. Please provide a copy of the flood cert <br>|  | Document Uploaded. Flood cert attached. - XXXX | Flood Cert provided. - XXXX<br> Flood Certificate is fully present - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119614 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 6 | XXXX | Credit | HO6 Master Insurance Policy is Missing | Missing Condo / PUD project master insurance policy. Please provide the master policy Missing HO-6 master insurance policy. <br>|  | Document Uploaded. Please see the attached master insurance - XXXX | Master Policy provided. Condition resolved. - XXXX<br> HO-6 Master Insurance Policy is fully present - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119614 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 6 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119614 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 6 | XXXX | Credit | Credit Documentation - Letter of Explanation | The loan file did not contain a letter of explanation as required. The lease agreement for the subject property reflects the landlord as XXXX which is not our borrower. Please provide the letter of explanation as well as documentation to support the relationship between the landlord and the borrower. <br>|  | Document Uploaded. Please see the attached LOE, OA and Internal exception to management agreement. - XXXX | Exception in file: Landlord as called out on the lease is a property management company owned partially by the subject guarantor. Borrower owns 5% of XXXX. A Property management firm who is listed on the lease for the subject transaction. <br> - XXXX | Borrower is a repeat RTL and DSCR client and subject guarantor executed the lease as landlord. There is no formal property management agreement between the guarantor and the property management firm as the guarantor is a partial owner in the property management company. Based on lender history with the guarantor, guarantors' strong liquidity and performance on existing and past loans with guarantor we are comfortable with the absence of the property management agreement. | XXXX | Waived | 3 | 2 | 4 | 2 |
| XXXX | XXXX | 4350119615 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Asset Qualification Does Not Meet Guideline Requirements | Asset Qualification does not meet guideline requirements. Business assets used for reserves is missing a copy of the full Operating Agreement that details ownership of the entity and access to funds in the entity's bank account. <br>|  | Document Uploaded. Please see the attached OA and LOE confirming PG access by other entity members. - XXXX | Received all pages of XXXX Operating Agreement showing Guarantor is part-owner of LLC. Also, received 100% access letter from remaining non-borrower Guarantors associated with business account that is being used for funds to close and reserves. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119615 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119615 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119616 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. For subject property. Per guidelines there must be no 30-day mortgage lates in the past 24 months. <br>|  | Document Uploaded. Please see the attached VOM - XXXX | Subject VOM was provided, stating payments are deferred until maturity. Condition resolved. - XXXX<br> Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119616 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119616 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119617 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119617 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119617 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119618 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. The subject mortgage with XXXX originated on XXXX. Documentation of the payment history is missing from the loan file. <br>|  | Document Uploaded. VOM attached. - XXXX | VOM provided. Condition resolved. - XXXX<br> Housing history meets guideline requirements. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119618 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119618 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119618 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Corporation/LLC: Operating Agreement Doc is Incomplete | The Corporation/LLC: Operating Agreement in file is incomplete. The initial contribution for Exhibit 1 of the operating agreement is blank. Exibit 2 is blank. The Company Resolution to Open a Bank Account is also blank. <br>|  | Document Uploaded. We do not require a capital contribution be made or bank account opened. Please see attached with fully executed amendment. - XXXX | Complete Operating Agreement was provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119619 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | 1-4 Family Rider is Missing | The file is missing the 1-4 Family Rider. <br>|  | Document Uploaded. Business Purpose loan - Please see the attached assignment of leases. - XXXX | DOT provided is a COLLATERAL ASSIGNMENT OF LEASES AND RENTS. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119619 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119619 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119620 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | The Final 1003 is Missing | The final 1003 is missing. Loan file is missing borrower applicant details. <br>|  | Document Uploaded. Loan Application attached. - XXXX | Final 1003 provided. Condition resolved - XXXX<br> The final 1003 has been provided. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119620 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | Approval/Underwriting Summary Not Provided | The loan did not contain the Approval/Underwriting Summary. <br>|  | Hello - Our files do not contain a 1008. All files are business purpose DSCR loans. - XXXX | Per Guidelines, a 1008 is not required. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119620 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119621 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119621 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119621 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119622 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Delayed Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Approval/Underwriting Summary Not Provided | The loan did not contain the Approval/Underwriting Summary. Loan Agreement used in lieu of pg. XXXX. The loan did not contain the Approval/Underwriting Summary. <br>|  | Hello - Our files do not include a 1008. All files are DSCR business purpose loans. - XXXX | Per guidelines, a 1008 is not required. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119622 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Delayed Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119622 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Delayed Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119623 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 7 | XXXX | Credit | Liabilities - Payoff Missing | The required debt payoffs were missing from the loan file. Per the loan application, a loan payoff in the amount of $XXXX with Associated Bank is associated with the subject property; however, the HUD does not reflect any mortgage payoff on the subject. An explanation of this discrepancy is required, or alternatively, an updated lien search confirming the property is free and clear. Additionally, the title commitment does not include a chain of title, and the Warranty Deed in the file reflects a purchase date of XXXX. Please also provide the verification of mortgage and payoff statement for the Associated Bank loan referenced on the loan application.<br>|  | Document Uploaded. Please see the attached LOE from borrower explaining initial application listing $XXXX payoff was a mistake. - XXXX | LOE from Borrower provided explaining the pay-off was a mistake. DSCR loan. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119623 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 7 | XXXX | Credit | Potential Occupancy/Current Address Issues identified in the file | Per the XXXX, the borrower has occupied Unit #XXXX from XXXX to present. This occupancy is also supported by the property tax bill, the credit report dated XXXX reflecting the address from XXXX through XXXX, and personal bank statements through XXXX, with XXXX statements reflecting the business address. The report indicates the business address corresponds to the borrower's prior residence at XXXX, with occupancy from XXXX through XXXX, and a subsequent address listed at XXXX ending in XXXX. The documented timeline supports the subject property as the borrower's current address. Additionally, the primary residence address listed on the loan application is noted as being owned by a relative.  |  | Document Uploaded. Please see the attached LOE and drivers license with issue date of XXXX. Subject guarantor is a XXXX XXXX as is explained in the LOE and evidenced by clear payroll deposits within borrowers bank accounts provided. - XXXX | Newly issued DL and LOE provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119623 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 7 | XXXX | Credit | Income - Rental Property | Rental income is not properly documented and/or supported. Written documentation is missing to support cash rent payments for Unit #XXXX in the amount of $XXXX per month from the second tenant, XXXX, for XXXX, and XXXX. Additionally, rent payments for Unit #XXXX in the amount of $XXXX per month for XXXX, and XXXX were made via XXXX to XXXX with the account titled to XXXX; however, no identifying information is provided to substantiate the rental payment source. An additional rent payment of $XXXX dated XXXX is also reflected but is not addressed in the affidavit, indicating the payment may relate to a different unit or party. While the DSCR qualifies using 90% of market rents as unleased, applying the required 5% LTV reduction lowers the LTV to 70%, whereas the loan was approved and closed at 75% LTV. The peer-to-peer (P2P) rent payments are not validated with the documentation currently provided. Per guidelines, acceptable documentation includes bank statements evidencing monthly rental deposits tied to a lease, statements from reputable P2P platforms (such as XXXX, XXXX, or XXXX), deposit slips, or property management statements. Please provide documentation to show the rental income or an exception to allow 70% LTV. <br>|  | Document Uploaded. Please see the attached lease affidavits and proof of lease documents. Included is a borrower provided LOE for unit #XXXX with written confirmation on XXXX rental payments for XXXX, XXXX and XXXX. Lease affidavit for #XXXX also included for information deposits to the account held by XXXX. OA for Revive and thrive provided showing XXXX as sole member. - XXXX | Leases, Lease Affidavits, LOE from Borrower, and account statements were provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119623 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 7 | XXXX | Credit | Property Title Issue | Property title issue. Per the title committment dated XXXX the title commitment shows currently vested in XXXX. Item 5 is requiring the Quit Claim Deed from XXXX to XXXX. This documentation is missing from the loan file. <br>|  | Document Uploaded. QCD attached. - XXXX | Deed provided. Condition resolved. - XXXX<br> Property Title Issue Resolved - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119623 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 7 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119623 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 7 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119623 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 7 of 7 | XXXX | Credit | Citizenship Documentation Not Provided | Borrower 1 Citizenship Documentation is missing from the file. The borrower's ID is missing from the loan file. <br>|  | Document Uploaded. Borrower ID added. - XXXX | Borrower 1 Citizenship Documentation Provided or Not Required - XXXX<br> DL Provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119624 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. Unable to locate a letter of explanation for a HELOC late payment with XXXX CU xxXXXX on XXXX. Please provide the letter of explanation. <br>|  | Document Uploaded. Please see the attached LOE - XXXX | LOE for late payment was provided. - XXXX<br> Housing history meets guideline requirements. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119624 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Property | Value - AVM/BPO/Desk Review did not support Value within -10% | The 3rd party review product did not support the value within a -10% variance. It appears an initial appraisal report was completed by XXXX on XXXX with a value of $XXXX; unable to locate this report. The corresponding CDA review in the file has a value of $XXXX with variance of -12%. The appraisal report in the file is completed by XXXX on XXXX with a value of $XXXX. Please provide the the initial appraisal report dated XXXX reflecting a value of $XXXX. <br>|  | Document Uploaded. Transfer letter for appraisal dated XXXX added. Property value based on the lesser of the 2 full appraisals. Appraisal dated XXXX is the original appraisal that CDA was completed based on, appraisal dated XXXX is the second appraisal. - XXXX<br> Document Uploaded. Appraisal attached - XXXX | New Origination Appraisal provided. Additional Conditions added as it shows the subject property is Vacant. - XXXX<br> Condition upheld. 2nd Appraisal provided is dated prior to original Appraisal, Not in Lenders name, and shows the subject is Vacant. - XXXX |  | XXXX | Acknowledged | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119624 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119624 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. New Origination Appraisal provided which shows subject property is is Vacant, and Market Rent is $XXXX. DSCR is not affected, however per guidelines, there is a 5% LTV reduction so max is 70%. Provide exception.  |  | Document Uploaded. We have provided 2 appraisals. 1 dated XXXX, and the 2nd appraisal dated XXXX (ordered due to the CDA dated XXXX showing a variance over -10%) Our guidelines call out requiring a 2nd appraisal when the CDA variance exceeds 10% with property value being based on the lesser of the 2 full appraisals. Our guidelines do not call out the occupancy based on the appraisal, this would be considered leased per our guidelines. Both appraisals attached. - XXXX<br> Document Uploaded. Lease started XXXX (lease attached) Initial appraisal dated XXXX shows property as vacant with appraisal dated XXXX showing property as tenant occupied. Proof of rent and security deposit uploaded. Property should be considered leased. - XXXX | appraisal dated XXXX shows tenant occupied; lease started XXXX; original appraisal dated XXXX was not in the file; we only had the CDA which did not support appraisal value, we received the appraisal dated XXXX which was the appraisal completed for the CDA. We now have 2 appraisals both supporting the value. - XXXX<br> Condition upheld. The Appraisal provided dated XXXX is the Origination Appraisal. Guidelines State: 5% reduction to Max LTV for Refinances where property is vacant at the time of origination. I understand lease is dated XXXX. Either provide an exception for the 5% LTV, or another full appraisal to support value as CDA as a 12% variance. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119624 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Credit | Title - Ownership Issue | Title documents provided in the loan file reflected potential ownership issues. Provide Settlement Statement, Note, DOT to show when XXXX, acquired the subject property.  |  | The below comment does not relate to the original condition. Please advise. - XXXX<br> Document Uploaded. Please see the attached HUD from purchase on XXXX - Signed by XXXX and sole member of XXXX. Same structure as subject loan. - XXXX | Property acquired XXXX per HUD and title commitment in file. - XXXX<br> Condition upheld. Provide the Note, DOT, Final Settlement Statement to show when XXXX acquired the subject property. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119625 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119625 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119625 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines.  |  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119626 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Credit | All Interested Parties Not Checked with Exclusionary Lists | All interested parties not checked with exclusionary lists.  |  |  | All Interested Parties Checked against Exclusionary Lists - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119626 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Credit | OFAC Check Not Completed and/or Cleared | OFAC check not completed and/or cleared. <br>|  | Document Uploaded. Please see the attached OFAC clear checks - XXXX | OFAC received, no issues. Condition resolved. - XXXX<br> OFAC received, no issues. Condition resolved. - XXXX<br> OFAC check not completed and/or cleared. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119626 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Credit | Third Party Fraud Report not Provided | Missing third party fraud report. <br>|  | Document Uploaded. Background/Fraud report attached. - XXXX | Third party fraud report is provided - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119626 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119626 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119627 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119627 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119627 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119628 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Title Document Missing | Title document is missing. Please provide title commitment for subject property <br>|  | Document Uploaded. Title commitment attached. - XXXX | Title provided. Condition resolved. - XXXX<br> Title document is fully present - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119628 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Credit | Hazard Insurance Policy is Missing | Missing hazard insurance policy. Provide hazard policy for subject property <br>|  | Document Uploaded. Please see the attached insurance. - XXXX | HOI Policy provided. Condition resolved. - XXXX<br> Hazard Insurance Policy was provided. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119628 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119628 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119706 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119706 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd party VOE prior to close missing. For self-employed borrowers, the existence of the business must be independently verified through a disinterested third party within 10 business days of closing. The loan file should reflect the documentation secured from these sources. Sources may include: CPA, regulatory agency, PTIN as outlined above or applicable licensing bureau; Secretary of State listing reflecting current year registration; or Verification of a phone and address listing using the internet. This documentation is missing from the loan file. <br>|  | Document Uploaded. - XXXX | VVOE provided. Condition resolved. - XXXX<br> Borrower 1 3rd Party VOE prior to close was provided. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119706 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119707 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119707 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Credit | Audited FICO is less than Guideline FICO | Audited FICO is less than guideline FICO. 1008 notes an exception was granted for FICO less than requirement of 680 with LTV of 80%. Loan file is missing a copy of the approved exception. <br>|  | Document Uploaded. - XXXX<br> Document Uploaded. - XXXX | Received Approved Exception allowing FICO of XXXX which is below the guideline minimum of 680 for 80% LTV. - XXXX<br> Document received is an XXXX page, not an exception. - XXXX | Compensating factors are provided as verified reserves >4 month higher than required, DTI is under 35% and no lates on housing payments in last 24 months. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119707 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119708 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119708 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119708 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119709 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 4 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119709 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 4 | XXXX | Credit | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). The XXXX report shows the Undisclosed Debt Monitor was last updated XXXX which was over 10 days prior to the subject close date. <br>|  | Document Uploaded. - XXXX | GAP CR provided. Condition resolved. - XXXX<br> Borrower 1 Gap Credit Report is not expired. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119709 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 4 | XXXX | Property | Property Issue - Property Size | The subject appraisal verified that the property/house size does not meet guidelines. Provide manual exception request form for property over 20 acres. Subject is located on XXXX acres. Per guidelines the maximum allowed size is 20 acre. File contains an email from lender allowing subject size; however, is missing XXXX manual exception request form per email correspondence. <br>|  | Document Uploaded. - XXXX | Exception approval provided. Condition waived. - XXXX | Compensating factors used were 50% LTV, XXXX credit score, 30.1% debt ratio, XXXX months reserves, and $XXXX residual income. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119709 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 4 | XXXX | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. File does not contain proof of total expenses for XXXX. <br>|  | Document Uploaded. The property is a vacant land - XXXX | Tax bill provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119670 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Compliance | TRID: Missing Final Closing Disclosure | The loan file does not contain the Final Closing Disclosure. <br>|  | Document Uploaded. FSS attached, business purpose loan. - XXXX | Received Final Settlement Statement. - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119670 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing Missing Gap Credit report. <br>|  | Document Uploaded. - XXXX | GAP Report provided. Condition resolved. - XXXX<br> Borrower 1 Gap Credit Report is not missing. - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119670 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Property | Property is Lease Hold | Property rights are leasehold. Missing leasehold documentation validating annual lease amount of $XXXX (as stated by appraiser). <br>|  | Document Uploaded. - XXXX | Lease hold docs provided. Condition resolved. - XXXX<br> Property rights are leasehold. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119670 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Credit | Missing Property Tax Cert | Missing property tax cert. Missing tax cert supporting monthly tax amount used to qualify of $XXXX. <br>|  | Document Uploaded. UW used incorrect amount. Attached is the updated XXXX, XXXX, new 1st payment letter and impound disclosures along w/Tax Cert. Used tax rate on tax cert to estimate taxes of XXXX (XXXX PP x XXXX = XXXX / XXXX). Please clear condition. - XXXX | property tax cert provided - XXXX<br> Tax cert provided. Condition resolved - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119670 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Property | Appraisal - Other | There are additional appraisal findings. Appraisal Update reflects subject as Fee Simple, but other information in file indicates Leasehold. Missing explanation as to why original appraiser did not complete the Appraisal Update. <br>|  | Waiting for appraisal update correction to show Leasehold vs Fee Simple will submit asap but FNMA does not require LOE as to why original appraiser did not complete the appraisal update as long as appraisal followed USPAP standards which they have done. Please clear this part of condition. - XXXX | Duplicate condition. Resolved in another condition. - XXXX |  | XXXX | Void | 3 |  | 4 | 1 |
| XXXX | XXXX | 4350119632 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119632 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119632 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119633 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Business Purpose - Loan Guaranty/Missing | The Personal Loan Guaranty is missing. <br>|  | The Note itself is the guaranty. The borrower is an individual and not an entity. - XXXX | Borrower signed as an Individual. - XXXX<br> The Personal Loan Guaranty is not missing. - XXXX |  | XXXX | Void | 4 |  | 4 | 1 |
| XXXX | XXXX | 4350119633 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119633 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. - XXXX |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119635 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119635 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119635 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119636 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Program Parameters - Borrower/Business Entity Ineligibility | Program Parameters - Borrower Ineligibility. The borrower is a first time homebuyer and requires an exception. A formal exception is in the file. <br>|  |  |  | The exception was approved due to XXXX months of reserves greater than program requirements, and a high credit score. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119636 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. The AVM in the file did not support the appraisal within -10%. Please provide valid review valuation to support appraisal value. <br>|  | Document Uploaded. - XXXX | CDA supporting value provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119636 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119671 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119671 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119671 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119672 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119672 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119672 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Credit | Final Settlement Statement Missing. | The final Settlement Statement document is missing. The subject transaction, as all of the settlement statements provided are "estimated". <br>|  | Document Uploaded. - XXXX | Final Settlement Statement provided. Condition resolved. - XXXX<br> Final HUD-1 Document is not missing or estimated only. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119672 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Assets - Miscellaneous | The loan file does not contain all required asset documentation. Missing final settlement statement for XXXX Way refinance, in order to support sufficient verified assets to support funds to close and reserve requirements. The one provided is an "estimate". <br>|  | Document Uploaded. - XXXX | Final settlement statement for XXXX Way provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119673 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119673 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119673 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. Missing the Taxes and or Insurance for XXXX<br>|  | Document Uploaded. - XXXX | Taxes and Insurance provided. Condition resolved - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119673 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Corporation/LLC: EIN Doc is Incomplete | The Corporation/LLC: EIN documentation in file is incomplete. No W-9 with EIN. Can not determine fully if SSN being used as documents to guidelines not in file. Per guidelines-Tax Identification Number (Employer Identification Number – EIN). In any case where a sole proprietor is using SSN in lieu of EIN, provide UW cert or supporting documentation to confirm <br>|  | Document Uploaded. - XXXX | Corporation/LLC: EIN documentation provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119674 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. Investment Loan <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119674 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. It appears borrower has 2 new loans with originator. One on XXXX Payment amount used was $XXXX. Anohter loan on XXXX with a payment of $XXXX. Neither is documented. Loan payment used for property located at XXXX was $XXXX. However, statement in file reports payment as $XXXX. It is unclear how this payment was determined. <br>|  | Document Uploaded. - XXXX | Documents provided, mortgage statement for XXXX in file. REO updated. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119674 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Credit | Audited Loan Amount is less than Guideline Minimum Loan Amount | Audited loan amount is less than the guideline Minimum loan amount. Per guidelines the minimum loan amount is $XXXX. Subject loan amount is $XXXX. A formal exception was done to allow. <br>|  |  |  | Excellent credit, Reserves exceed, Fico 721, and established business for 25 years. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119674 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119674 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Credit | Corporation/LLC: EIN Doc is Incomplete | The Corporation/LLC: EIN documentation in file is incomplete. No W-9 with EIN. Can not determine fully if SSN being used as documents to guidelines not in file. Per guidelines-Tax Identification Number (Employer Identification Number – EIN). In any case where a sole proprietor is using SSN in lieu of EIN, provide UW cert or supporting documentation to confirm <br>|  | Document Uploaded. - XXXX | Corporation/LLC: EIN documentation provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119639 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Eligibility - Investor Experience | The borrower(s) investor experience does not meet guideline requirements. Per guidelines first time home buyer are allowed on an exception basis. <br>|  |  | Exception provided for: First Time Home Buyer, and First Time Investor. - XXXX | High FICO over program requires | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119639 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119639 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119639 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Gift Letter - Missing | A required gift letter was missing from the file and/or the donor funds were not verified. Per final 1003, borrower indicated $XXXX gift from relative. There is no gift letter in the file or cd that shows it was paid at closing. <br>|  | Document Uploaded. Gift was not used for this file. Please see updated 1003 with gift removed. - XXXX | Gift was not used. Borrower used verified funds. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119640 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Compliance | Closing Detail Statement Indicator is Missing | Closing Detail Statement Indicator is Missing. Missing the CD for the borrower. <br>|  | as this is a business purpose loan, we used our own alta statement instead of a CD. - XXXX | Settlement Statement in file. Condition resolved - XXXX<br> Closing Detail Statement Indicator is not Missing. - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119640 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Credit | Fraud Report Shows Uncleared Alerts | Fraud Report shows uncleared alerts. The SS number alert did not show to be cleared. <br>|  | Document Uploaded. - XXXX | Cleared fraud report provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119640 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Property | Appraisal is Missing | The file is missing the appraisal. <br>|  | Document Uploaded. - XXXX | Appraisal provided. Condition resolved. - XXXX<br> Appraisal is Present or is Waived - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119640 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing <br>|  | File is a DSCR loan. No credit refreshes update needed on this. - XXXX<br> Document Uploaded. - XXXX | DSCR Loan. Not required. - XXXX<br> Borrower 1 Gap Credit Report is not missing. - XXXX<br> Condition upheld. Credit report provided at review is dated XXXX, Note date is XXXX. The Gap Report provided is datedXXXX. Provide GAP/UDM Report. - XXXX |  | XXXX | Void | 4 |  | 4 | 1 |
| XXXX | XXXX | 4350119640 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. <br>|  | Document Uploaded. - XXXX | 3rd party valuation provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119641 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119641 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119641 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119642 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Title - Unpaid Liens | Title documents provided in the loan file reflected unpaid liens. Per Title report appears to be a Lien on property in the amount of $XXXX. <br>|  | Document Uploaded. Attached from title. - XXXX | Lien release email from XXXX provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119642 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Approved exception to allow LTV of 70% in file with waiver of Lease Agreement and Delayed Financing. <br>|  | Compensating factor listed as High FICO. - XXXX<br>|  | FICO 43 points above minimum; reserves XXXX+ months above minimum | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119642 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119642 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119643 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 6 | XXXX | Credit | Hazard Insurance Coverage Amount is less than Required Coverage Amount | Coverage Amount - Hazard insurance amount is less than required coverage amount. <br>|  | Document Uploaded. See attached. It matches $XXXX. - XXXX | HOI Coverage Amount meets RCE. HOI Policy also has 100% replacement cost coverage. - XXXX<br> Coverage Amount - Hazard Insurance of $XXXX is equal to or greater than Required Coverage Amount of $XXXX - XXXX |  | XXXX | Void | 3 |  | 4 | 2 |
| XXXX | XXXX | 4350119643 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 6 | XXXX | Credit | Calculated DSCR does not meet the Minimum DSCR allowed | The Calculated DSCR of '0.964' is less than the minimum required DSCR of'1'. No exception in file <br>|  | No exception needed. Max LTV is 70% when DSCR is less than 1. - XXXX | Max LTV is 70% when DSCR is less than 1. Condition resolved. - XXXX<br> The Calculated DSCR is equal to or greater than the minimum required DSCR, or Not Applicable - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119643 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 6 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119643 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 6 | XXXX | Credit | Missing letter of explanation | There needs to be an exception for the borrower being a First Time Homebuyer. <br>|  |  | Voided as this is a duplicate finding. - XXXX |  | XXXX | Void | 1 |  | 4 | 2 |
| XXXX | XXXX | 4350119643 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 6 | XXXX | Credit | Other Credit Finding | There needs to be an exception for the borrower being a First Time Homebuyer. <br>|  | Document Uploaded. - XXXX | Exception Provided for FTHB. - XXXX | High FICO over program requires | XXXX | Waived | 4 | 2 | 4 | 2 |
| XXXX | XXXX | 4350119643 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 6 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119644 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119644 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119644 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Credit | Eligibility - Investor Experience | The borrower(s) investor experience does not meet guideline requirements. Per guidelines first time home buyer are allowed on an exception basis. <br>|  |  |  | The compensating factor is the borrower's fico is over program requirements. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119644 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119645 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 6 | XXXX | Credit | Audited CLTV Exceeds Guideline CLTV | Audited CLTV exceeds guideline CLTV. Audited CLTV of 75% exception approved. Compensating factors High FCIO over program requirements <br>|  |  |  | Compensating factors High FCIO over program requirements | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119645 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 6 | XXXX | Credit | Audited HCLTV Exceeds Guideline HCLTV | Audited HLTV exceeds guideline HCLTV. Audited HLTV of 75% exception approved. Compensating factors High FCIO over program requirements <br>|  |  |  | Compensating factors High FCIO over program requirements | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119645 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 6 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Audited LTV of 75% exception approved. Compensating factors High FCIO over program requirements <br>|  |  |  | Compensating factors High FCIO over program requirements | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119645 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 6 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119645 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 6 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119645 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 6 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119646 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119646 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119646 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119647 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119647 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119647 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119649 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119649 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119649 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119650 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119650 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119650 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Per guidelines- If the property is vacant, the borrower must provide a Letter of Explanation (LOE) outlining the reason for vacancy and obtain an internal exception. LOE in file but could not locate exception. <br>|  | Document Uploaded. - XXXX | Per guidelines-Per guidelines- If the property is vacant, the borrower must provide a Letter of Explanation (LOE) outlining the reason for vacancy and obtain an internal exception. LOE in file. A formal exception in file to meet requirements - XXXX | Compensating factors-Borrower has high FICO score over program requirements | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119651 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119651 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119651 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. <br>|  | Document Uploaded. - XXXX | CU, LCA, and AVM all supporting value were provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119652 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Credit | Audited CLTV Exceeds Guideline CLTV | Audited CLTV exceeds guideline CLTV. Per guidelines-First Time Home Buyer Max LTV 70%/Min FICO 700. Loan approved with LTV 75%/FICO XXXX. A formal exception is in file. <br>|  |  |  | Compensating factors-Borrower FICO high/over guideline requirements. Qualified with a High DSCR | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119652 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Credit | Audited HCLTV Exceeds Guideline HCLTV | Audited HLTV exceeds guideline HCLTV. Per guidelines-First Time Home Buyer Max LTV 70%/Min FICO 700. Loan approved with LTV 75%/FICO XXXX. A formal exception is in file. <br>|  |  |  | Compensating factors-Borrower FICO high/over guideline requirements. Qualified with a High DSCR | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119652 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Per guidelines-First Time Home Buyer Max LTV 70%/Min FICO 700. Loan approved with LTV 75%/FICO XXXX. A formal exception is in file. <br>|  |  |  | Compensating factors-Borrower FICO high/over guideline requirements. Qualified with a High DSCR | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119652 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119652 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119653 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119653 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119653 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119686 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119686 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119686 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119675 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 1 of 3 | XXXX | Credit | Assets - Earnest Money Deposit | The earnest money deposit was not properly documented and/or sourced. File does not contain proof of EMD in the amount of $XXXX being paid form the borrower's funds. Guidelines state that the lender must require that the borrower state the source of the down payment and provide verification. <br>|  | Document Uploaded. - XXXX | Docs provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119675 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119675 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119655 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Assets - Authorization Access for Joint Account | The file does not contain authorization access for funds from joint account holder. The borrower used a business account for asset verification for cash to close and reserves. The borrower is 50% owner of the company, unable to locate an access letter in the file granting the borrower 100% access to the funds. XXXX acct #XXXX <br>|  | Document Uploaded. attached. - XXXX | Access letter provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119655 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119655 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119657 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119657 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119657 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Eligibility - Investor Experience | The borrower(s) investor experience does not meet guideline requirements. First Time Home Buyer and First Time Investor - A formal exception is in file. <br>|  | Compensating factor used was XXXX credit score. - XXXX<br>| &nbsp;&nbsp;&nbsp;&nbsp;- XXXX | FICO XXXX points above minimum | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119658 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Eligibility - Investor Experience | The borrower(s) investor experience does not meet guideline requirements. First Time Home Buyer and First Time Investor - A formal exception is in file. <br>|  | Noted additional compensating factor was 50.0% LTV/CLTV which is 20% lower than guideline maximum. - XXXX<br>|  | Compensating factors used was XXXX credit score. | XXXX | Waived | 2 | 2 | 4 | 2 |
| XXXX | XXXX | 4350119658 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119658 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119658 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Flood Certificate Missing | Missing flood certificate. <br>|  | Document Uploaded. - XXXX | Flood Cert provided. Condition resolved. - XXXX<br> Flood Certificate is fully present - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119659 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Hazard Insurance Policy is Missing | Missing hazard insurance policy. <br>|  | Document Uploaded. - XXXX | Hazard Insurance Policy was provided. - XXXX<br> HOI provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119659 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119659 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119660 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Maximum LTV is 70%. A formal exception is in the file to allow 75% LTV.<br>|  |  |  | The exception was approved due to high credit score over guidelines requirements. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119660 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119660 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119661 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119661 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119661 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119662 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 6 | XXXX | Credit | Income - Guideline Requirements | The income documents provided in the loan file did not meet guidelines. The originator used a 30% expense factor. Per the guidelines, a 30% expense factor can be utilized for service business with 1-5 employees, unable to determine how many employees the business has as no Business Narrative was provided per guidelines. <br>|  | Document Uploaded. attached. - XXXX | Business Narrative provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119662 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 6 | XXXX | Credit | Employment - Potential Issues | The loan file verified potential employment issues which were not adequately addressed. Unable to locate the required Business Narrative in the loan file. <br>|  | Document Uploaded. - XXXX | Business Narrative provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119662 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 6 | XXXX | Credit | Audited DTI Exceeds Guideline DTI | Audited DTI exceeds guideline DTI. Audited DTI of 55.51% exceeds the guideline maximum of 55%. DTI variance due to the originator 1008 shows a subject P&I payment of $XXXX/mo. when the actual P&I payment was $XXXX/mo. per Note. <br>|  | Yes, P&I is $XXXX. We have monthly mortgage of $XXXX with liabilities of $XXXX, $XXXX, $XXXX, and $XXXX. And income of $XXXX. This brings us to XXXX. Could you break down your calculation? - XXXX | Toyota Account was included by accident. Condition voided. - XXXX |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119662 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 6 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119662 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 6 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119662 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 6 of 6 | XXXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. Missing Letter of Explanation or rent-free letter from property owner to verify 12 month housing history, per guideline requirements. The loan application showed borrower rented departing primary residence for XXXX years for $XXXX monthly. <br>|  | There is no rent free letter as they were renting for their current residence. - XXXX<br> Document Uploaded. VOR not required per our guidelines. - XXXX | Doc provided. Condition resolved. - XXXX<br> Condition upheld. B1 is not under contract for rent or mortgage. Per guidelines housing history provided a rent free LOE is needed. Provide rent free LOE stating rent free for past 12 months. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119663 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119663 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119663 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Credit | Audited CLTV Exceeds Guideline CLTV | Audited CLTV exceeds guideline CLTV. An exception is documented in the file. <br>|  |  |  | FICO XXXX+ points over minimum, experienced investor | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119663 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. An exception is documented in the file. <br>|  |  |  | FICO XXXX+ points over minimum, experienced investor | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119664 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119664 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119664 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119666 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 6 | XXXX | Credit | Audited CLTV Exceeds Guideline CLTV | Audited CLTV exceeds guideline CLTV. Exception is in the file page XXXX; however, the exception is not clear. Please provide an exception form filled out showing LTV of 85% <br>|  | Document Uploaded. Form states using 85% LTV. - XXXX | Exception provided for: using 85% LTV (Max 70% LTV) - XXXX | High FICO over program requires<br> DTI more than 10% below program | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119666 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 6 | XXXX | Credit | Audited HCLTV Exceeds Guideline HCLTV | Audited HLTV exceeds guideline HCLTV. Exception is in the file page XXXX; however, the exception is not clear. Please provide an exception form filled out showing LTV of 85% <br>|  |  | Exception provided for: using 85% LTV (Max 70% LTV) - XXXX | High FICO over program requires<br> DTI more than 10% below program | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119666 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 6 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Exception is in the file page XXXX; however, the exception is not clear. Please provide an exception form filled out showing LTV of 85% <br>|  |  | Exception provided for: using 85% LTV (Max 70% LTV) - XXXX | High FICO over program requires<br> DTI more than 10% below program | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119666 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 6 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119666 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 6 | XXXX | Compliance | Intent to Proceed is Missing or Incomplete |  |  | This is a nontrid business purpose loan. - XXXX | Concur. Not required for business purpose loans - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119666 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 6 | XXXX | Compliance | Missing Doc - Homeownership Counseling Disclosure/Missing | Homeownership Counseling Disclosure is missing. <br>|  | This is a nontrid business purpose loan. - XXXX | Concur. Not required for business purpose loans - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119667 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Credit | Hazard Insurance Coverage Amount is less than Required Coverage Amount | Coverage Amount - Hazard insurance amount is less than required coverage amount. Hazard Insurance Coverage Amount of $XXXX is less than Total Amount of Subject Lien(s) of $XXXX <br>|  | Document Uploaded. XXXX does not allow release of amount on XXXX; however, it states it will insure 100% of replacement cost. - XXXX | HOI Policy has 100% replacement cost coverage. Condition resolved. - XXXX<br> Coverage Amount - Hazard Insurance of $XXXX is equal to or greater than Required Coverage Amount of $XXXX - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119667 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Audited LTV, CLTV, HCLTC exceeds guidelines of 85%. <br>|  | What value was used to calculate LTV? Both purchase price and appraised value has $XXXX. - XXXX | Exception in file for 85% LTV with XXXX FICO. - XXXX | High FICO over program requires<br> DTI more than 10% below program | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119667 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Credit | Fraud Report - Fraud Alerts | The credit report in the loan file verified a fraud alert that was not sufficiently addressed. Need documentation showing fraud alert was addressed from credit report <br>|  | Document Uploaded. - XXXX | LOE from Borrower on Credit Alert provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119667 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119667 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119668 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. The maximum CLTV is 65%. A formal exception is in the file to allow over 68%. <br>|  |  |  | The exception was approved due to XXXX months of reserves greater than the program requirement and a high credit score over requirement. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119668 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119668 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119689 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119689 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119689 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119690 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Final Settlement Statement Missing. | The final Settlement Statement document is missing. Final HUD-1 Document is Missing. <br>|  | Document Uploaded. - XXXX | Settlement Statement provided. Condition resolved. - XXXX<br> Final HUD-1 Document is not missing or estimated only. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119690 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119690 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119669 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. No payment history, Property report verifying Free and Clear status or Rent Free letter for borrowers current primary residence located in loan documents. <br>|  | Document Uploaded. Attached is our latest guideline from XXXX. This was provided to XXXX. Please reference to this guideline. - XXXX<br> Document Uploaded. for housing history, vor/vom document generally not required per our guidelines. - XXXX | Guideliines do not specifically require VOM/VOR, nothing noted on approval requiring a VOM/VOR - XXXX<br> Document Uploaded. Condition upheld. Per the uploaded (Guidelines) Housing history is required. Provided document states mortgage on primary has a period ending in XXXX. Provide a 12 month housing history for the primary residence. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119669 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Property | Property Issue - Property Size | The subject appraisal verified that the property/house size does not meet guidelines. Unit 1 of the 3 unit subject is XXXX Sq Ft, which falls short of the minimum requirement of XXXX SQ FT per unit. Approved exception is in file. <br>|  |  |  | Compensating factors include borrower having >3month excess reserves and a FICO that is higher than required. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119669 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. Loan file is missing a required 3rd party valuation product. <br>|  | Document Uploaded. attached. - XXXX | CDA supporting value was provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119669 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119704 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119704 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119704 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119705 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119705 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Max LTV for a loan using bank statemets to document income with a FICO of XXXX is 85%. Matrix states 90% possible with verifiable housing history. Exit property has no housing history and it is unclear what is needed to allow 90%. <br>|  | Document Uploaded. current residence is XXXX. Please see attached. There is no mortgage on the residence so a VOM was not required. - XXXX | Exception provided to allow 90% LTV with loan amount $XXXX and FICO XXXX on Bank Statement program purchase - XXXX | High Discretionary Income; Number of years in home, number of years on XXXX | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119705 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119676 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 5 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119676 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 5 | XXXX | Credit | Approval/Underwriting Summary Not Provided | The loan did not contain the Approval/Underwriting Summary. Unable to locate the Final 1008 in the loan file. <br>|  | Document Uploaded. - XXXX | 1008 was provided. Condition resolved. - XXXX<br> Approval/Underwriting Summary is fully present - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119676 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119676 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 5 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. The audited DTI of 53.96% exceeds the guideline maximum of 50%. Guidelines also state/allow for up to 55% DTI for LTV <=80% with internal exception code XXXX, unable to locate exception file. <br>|  |  | The GL's allow up to 55% with internal exception. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119676 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 5 | XXXX | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing Gap report missing for both B1 & B2 <br>|  | Document Uploaded. - XXXX | UDM Report provided. No events. Condition resolved. - XXXX<br> Borrower 1 Gap Credit Report is not missing. - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119677 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119677 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119677 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing Per guidelines, a gap credit or Undisclosed Debt Monitoring report is required no more than 10 days prior to loan closing or any time after closing. Any new debt must be included in determining the DTI ratio and any new inquiries must be addressed. This documentation is missing from the loan file. <br>|  | Document Uploaded. - XXXX | GAP/UDM provided. - XXXX<br> Borrower 1 Gap Credit Report is not missing. - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119716 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119716 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119716 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119717 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Compliance | Missing evidence Mortgage/Deed of Trust will be recorded | Missing evidence of Mortgage recording. Missing closing statement <br>|  | Document Uploaded. Recorded DOT attached. - XXXX<br> Document Uploaded. Signed closing statement attached - XXXX | Complete recorded DOT was provided. Condition resolved. - XXXX<br> Evidence of Mortgage Recording is present or Mortgage has been sent for Recording - XXXX<br> Please provide recorded DOT - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119717 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Compliance | Closing Detail Statement Indicator is Missing | Closing Detail Statement Indicator is Missing. Please provide final XXXX Settlement Statement for the subject transaction, subject to review. <br>|  | Received final, signed settlment statement - XXXX<br> Document Uploaded. Please see the attached - XXXX | Received final, signed settlment statement - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119717 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Credit | Eligibility - Borrower Identity | The loan file reflected potential identity issues. Provide copy of Permanent Resident Card. Loan application states borrower is a Permanent Resident Alien. <br>|  | Document Uploaded. Please see the attached LOE and updated application. - XXXX | Signed LOE from Borrower and correct Loan Application was provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119717 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Missing bank statement or receipt to confirm $XXXX security deposit was made for new subject lease in order to support occupancy. <br>|  | Document Uploaded. Please see the attached LOE that covers the previously provided proof of deposit, and reason for deposit being larger than the security deposit. - XXXX | Received borrower explanation with XXXX - XXXX XXXX transaction history reflecting $XXXX ATM deposit made XXXX. Same account information shows on UMB bank statement in file. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119717 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119718 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 6 | XXXX | Compliance | 1-4 Family Rider is Missing | The file is missing the 1-4 Family Rider. <br>|  | Document Uploaded. Document Uploaded. Business Purpose loan - Please see the attached assignment of leases. - XXXX | Assignment of Leases and Rents provided. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119718 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 6 | XXXX | Compliance | PUD Rider is Missing | PUD Rider is missing. <br>|  | Document Uploaded. PUD Rider attached. - XXXX | PUD rider received. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119718 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 6 | XXXX | Credit | Asset 2 Expired | Asset expired. Provide most recent bank statement for XXXX acct #XXXX <br>|  | Document Uploaded. Please disregard XXXX acct. Attached updated XXXX statement was used for liquidity. - XXXX | Updated Asset Statement provided. Condition resolved. - XXXX<br> Asset 2 Not Expired Or Not Applicable - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119718 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 6 | XXXX | Credit | Eligibility - Borrower Identity | The loan file reflected potential identity issues. Please provide copy of borrowers identification <br>|  | Document Uploaded. Borrower ID attached. - XXXX | DL provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119718 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 6 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119718 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 6 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119720 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Approval/Underwriting Summary Not Provided | The loan did not contain the Approval/Underwriting Summary. <br>|  | Document Uploaded. - XXXX | Approval/Underwriting Summary provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119720 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119720 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119721 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Credit | Borrower 1 Credit Report is Missing | Borrower 1 credit report is missing. Provide credit report <br>|  | This is a DSCR Foreign National loan - Foreign Nationals do not have credit therefore, there is no credit report. We use a defaulted XXXX score for these borrowers. - XXXX | FN Loan, not required. - XXXX |  | XXXX | Void | 4 |  | 4 | 2 |
| XXXX | XXXX | 4350119721 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Credit | Eligibility - Borrower Identity | The loan file reflected potential identity issues. Provide work VISA for borrower <br>|  | This is a Foreign National loan the borrower. There is no work VISA for this type of borrower. - XXXX | FN Loan, Not required. - XXXX |  | XXXX | Void | 3 |  | 4 | 2 |
| XXXX | XXXX | 4350119721 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119721 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Credit | Calculated DSCR does not meet the Minimum DSCR allowed | DSCR is less than minimum allowed <br>|  | Document Uploaded. - XXXX | Exception provided. Exception for a FN with a DSCR under 1 - XXXX | Exception approved with XXXX to price<br> Max LTV is 70<br> DSCR to not fall under XXXX | XXXX | Waived | 3 | 2 | 4 | 2 |
| XXXX | XXXX | 4350119721 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119722 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Property Title Issue | Property title issue. Missing clear title report or Final CD evidencing that Tax Liens were paid. <br>|  | Document Uploaded. Please see the letter from the title company on who is paying the taxes and then review the CD's signed at closing that are highlighted on the pages reflecting the taxes have been paid. - XXXX | Evidence Taxes were paid was provided. Condition resolved. - XXXX<br> Property Title Issue Resolved - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119722 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. A formal exception is located in the loan file for subject property being a row-house. <br>|  |  |  | Reserves exceed minimum requirements. DSCR exceeds minimum requirements. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119722 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119722 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119723 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Property | Missing Homeowner's Association Questionnaire |  |  | Document Uploaded. - XXXX | Condo Questionnaire located in file. - XXXX |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119723 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119723 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119723 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  | The loan meets all applicable credit guidelines. - XXXX |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119724 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119724 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 4 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119724 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 4 | XXXX | Compliance | Loan Originator NMLS is Not Valid | XXXX NMLS is listed incorrectly on the loan documents. It should be XXXX.  |  | Document Uploaded. - XXXX | Received all required re-disclosed disclosures with correct NMLS # - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119724 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 4 | XXXX | Compliance | Missing evidence of rate lock | Missing evidence of Rate Lock. <br>|  | Document Uploaded. - XXXX | Evidence of Rate Lock Provided - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119725 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119725 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119725 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119726 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119726 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd party VOE prior to close missing. The verification of employment in the loan file is dated XXXX, while the Note date is XXXX. Per requirements, the verification of employment must be dated within 10 days of the Note date. <br>|  | Document Uploaded. - XXXX | VVOE provided. Condition resolved. - XXXX<br> Borrower 1 3rd Party VOE prior to close was provided. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119726 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119727 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119727 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119727 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119728 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119728 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119728 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119680 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119680 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Credit | Income - LOE Missing | The loan file did not contain a letter of explanation as required. 12-month bank statement program, the borrower had XXXX overdrafts occurrences in the 12-month period, the guidelines are silent on this, and no letter of explanation regarding the overdrafts was provided. <br>|  | Document Uploaded. - XXXX | Received LOE for explanation of NSF charges. No additional issues. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119680 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119634 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119634 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Credit | Income - Rental Property | Rental income is not properly documented and/or supported. § Rental income = lower of Lease agreement or market rent survey from appraisal report on the rent schedule. Per market rent $XXXX. Nothing in file to confirm/validate usage of $XXXX per approval or $XXXX listed on final 1003 to calculate DSCR XXXX <br>|  | Document Uploaded. Rental income is $XXXX. Corrected 1003 attached. - XXXX | Updated 1003 received, lender agrees with use of $XXXX rent. No change to Audit DSCR. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119634 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Credit | Program Parameters - Seller Contributions | The subject loan does not meet program parameters for seller contributions. The total seller contributions exceeds the max allowed seller contributions per guidelines. Per guidelines-Interested Party Contribution, Maximum 3% for investment property. Loan approved exceeding the 3% IPC. Seller is a family member giving our borrower Gift of equity of $XXXX towards the deal, broker also adding a 3% seller concession on top of the gift equity, total seller credit is $XXXX. A formal exception is in file. <br>|  |  | Exception in file for: Seller is a family member giving our borrower Gift of equity of $XXXX towards the deal, broker also adding a 3% seller<br> concession on top of the gift equity, total seller credit is $XXXX. FTHB.<br> - XXXX | Compensating factors-Borrower FICO higher than program requirements. Calculated DSCR high. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119634 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Per guidelines- First Time Home Buyers ("FTHB") are allowed on an exception basis. Loan approved with borrower having no property ownership within the last 3 years. A formal exception is in file. <br>|  |  | Exception in file for: Seller is a family member giving our borrower Gift of equity of $XXXX towards the deal, broker also adding a 3% seller<br> concession on top of the gift equity, total seller credit is $XXXX. FTHB.<br> - XXXX | Compensating factors-Borrower FICO higher than program requirements. Calculated DSCR high. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119629 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 5 | XXXX | Credit | Borrower 2 3rd Party VOE Prior to Close Missing | Borrower 2 3rd party VOE prior to close missing. - Missing Business Narrative per NON QM GUIDES XXXX GUIDE XXXX<br> and <br> - Missing verification business existence and that the business if fully operation/active within to calendar days of closing. <br>|  | Document Uploaded. - XXXX | 3rd party VVOE and evidence of Business existence were provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119629 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 5 | XXXX | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. XXXX heloc #XXXX - missing evidence of which property this heloc is tied to. <br>|  | Document Uploaded. tied to XXXX<br> XXXX<br> brwr not on title just on heloc - Attaching property report from county - brwr not listed as owner of property. this property is brwr partner - XXXX<br> Document Uploaded. BRWR ISNT SHOWING ON THE STATEMENT - ACCT NUMBER ON HELOC STATEMENT AND PRINICPAL BALANCE TIES OUT - XXXX | Explanation of HELOC was provided. Condition resolved.<br> - XXXX<br> Condition upheld. WHAT PROPERTY IS THIS HELOC TIED TO? - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119629 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 5 | XXXX | Compliance | TRID: Missing Initial Closing Disclosure | The loan file does not contain the initial Closing Disclosure.  |  | Document Uploaded. - XXXX | Received initial CD - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119629 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119629 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 5 | XXXX | Compliance | Federal - Closing Disclosure and Consummation Date | The Initial Closing Disclosure Received Date of (XXXX) 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. (XXXX(f)(1)(ii)(A)); XXXX(f)(1)(iii)) The Initial Closing Disclosure is missing. <br>|  | Signed ICD uploaded in the previous condition - XXXX | Received intial CD - XXXX<br> Resolved - XXXX |  | XXXX | Resolved | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119715 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119715 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Credit | Income - LOE Missing | The loan file did not contain a letter of explanation as required. Missing CPA/EA or PTIN tax preparer must also attest to having prepared the borrower's most recent tax returns. <br>|  | Document Uploaded. Please see attached documents and refer to the business narrative #16. - XXXX | Narrative is acceptable. Question #XXXX was referencing a personal relationship with the borrower or business. - XXXX<br> Condition upheld: Provided Business Narrative contradicts itself. CPA states on #XXXX no relationship with Borrower or Company, however on #XXXX states he completed the tax returns for the past XXXX years. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119715 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119681 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119681 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119681 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119688 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119688 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119688 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119697 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 5 | XXXX | Credit | Asset 4 Less Than 2 Months Verified | Asset has less than 2 months verified in file. only one month required per guidelines <br>|  | Document Uploaded. - XXXX | Guidelines require one month statement. one month provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119697 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 5 | XXXX | Credit | Borrower 2 Paystubs Missing | Borrower 2 paystubs missing.. Missing full paystubs with 30 day YTD earnings, paystubs provided are cut off and missing borrowers name and company <br>|  | Document Uploaded. Hello, the hours vary for XXXX. The underwriter used the ytd earnings noted on the verification of employment. Thus i am attaching the income analysis, verification of employment that details XXXX works biweekly, hourly rate, earnings for XXXX. Also have XXXX XXXX w2. Please review and accept. If not, please escalate. Thank you. - XXXX<br> Document Uploaded. Hello the borrower has 2 self-employed businesses. For the 2nd i am attaching the 12 month bank statement program income worksheet. Thus, paystubs are not applicable. Please clear. thank you. - XXXX | WVOE was used. - XXXX<br> Condition upheld. Hello, Borrower 2 (XXXX XXXX XXXX) is a wage earner. Provide the paystubs. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119697 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 5 | XXXX | Compliance | Missing Attorney Preference Letter | Right To Choose Attorney or Attorney Preference not in file. Attorney/Insurance Agent Preference form is not located in the loan file. <br>|  | Document Uploaded. - XXXX | Right To Choose Attorney or Attorney Preference Resolved or Not Applicable - XXXX<br> Received Attorney/Insurance preference form - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119697 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119697 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 5 | XXXX | Credit | Employment - Insufficient Years Self-Employed | The loan file verified self-employment of less than 2 years at origination which does not meet guidelines. Borrower's 2nd Business in existence less than 2 years. <br>|  |  | Exception provided for: Employment history does not meet guidelines. Allow 2nd business in existence less than 2 years<br> - XXXX | FICO higher than XXXX and XXXX points higher than guideline minimum<br> Monthly reserves is verified and XXXX months more than guideline requirement | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119693 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 6 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119693 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 6 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119693 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 6 | XXXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. All three borrowers are living rent free and have no 12 month housing history on primary. Guidelines require an exception to be donein this situation. Exception is present in file. <br>|  |  |  | DSCR5% 1.66%; Credit Score XXXX points misimun required XXXX (XXXX); Reserves exceeded requirement by XXXX months on more-XXXX+ (2): | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119693 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 6 | XXXX | Credit | Cash reserves less than required by guidelines | Total Cash reserves of '$XXXX' are less than $0. Assets listed on XXXX final 1003, belong to XXXX and XXXX. There is no documentation in the file that states any of the borrowers have ownership of these accounts. without the accounts, borrowers do not have enough funds to close. Originator to provide bank statements that show ownership of the XXXX accounts ending in XXXX,XXXX,XXXX, and XXXX. <br>|  | Document Uploaded. Hello please find the bank statement in the name of XXXX (coborrower). Sufficient assets for reserves and assets. Please clear. Thank you. - XXXX | Duplicate Cascading Condition. - XXXX |  | XXXX | Void | 3 |  | 3 | 2 |
| XXXX | XXXX | 4350119693 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 6 | XXXX | Credit | Assets - Insufficient Cash to Close or Reserves | Liquid Funds Post-Close of '$XXXX', are less than $0. Borrower(s) total verified assets are insufficient for cash to close or reserves. <br>|  | Document Uploaded. Hello please find the bank statement in the name of XXXX (coborrower). Sufficient assets for reserves and assets. Please clear. Thank you. - XXXX | Additional assets from B2 were provided. Condition resolved. - XXXX<br> Liquid Funds Post-Close are greater than or equal to $0. - XXXX<br> Liquid Funds Post-Close are greater than or equal to $0. Borrower(s) total verified assets are insufficient for cash to close or reserves. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119693 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 6 | XXXX | Credit | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Audited reserves months are less than the guideline required reserve months. Assets listed on XXXX final 1003, belong to XXXX and XXXX. There is no documentation in the file that states any of the borrowers have ownership of these accounts. without the accounts, borrowers do not have enough funds to close. Originator to provide bank statements that show ownership of the XXXX accounts ending in XXXX,XXXX,XXXX, and XXXX. <br>|  | Document Uploaded. Hello please find the bank statement in the name of XXXX (coborrower). Sufficient assets for reserves and assets. Please clear. Thank you. - XXXX | Duplicate Cascading Condition. - XXXX |  | XXXX | Void | 3 |  | 3 | 2 |
| XXXX | XXXX | 4350119678 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119678 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Credit | Missing Business Purpose Affidavit | File is missing statement of business purpose. <br>|  | Document Uploaded. - XXXX | Signed Business Purpose Affidavit was provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119678 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Credit | Program Parameters - Borrower/Business Entity Ineligibility | Program Parameters - Borrower/Business Entity Ineligibility. Per the guidelines, the borrower must be at least 51% owner of the business entity. Please document the borrower's ownership of the company. Also, provide the business EIN information. <br>|  | Document Uploaded. - XXXX | Exception provided: Vesting in an LLC and borrower is only 33.3% owner of the LLC. - XXXX | Borrower is an experienced investor, has excellent credit with no derogs and has owned his current priamry<br> for XXXX+ years. Low LTV. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119678 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119630 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 6 | XXXX | Compliance | The Deed of Trust is Missing | The Deed of Trust is missing. Loan file is missing Deed of Trust/Mortgage and all riders. <br>|  | Document Uploaded. - XXXX | DOT and attached Riders were provided. Condition resolved. - XXXX<br> The Deed of Trust has been provided. - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119630 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 6 | XXXX | Compliance | 1-4 Family Rider is Missing | The file is missing the 1-4 Family Rider. <br>|  | Document Uploaded. - XXXX | The 1-4 Family Rider is Present - XXXX<br> 1-4 Family Rider has been provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119630 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 6 | XXXX | Compliance | Missing Prepayment Rider | CD shows PPP. There is no PPP Rider in file. Lock indicates no PPP. First payment letter says there is a PPP. NMeed PPP Rider or clarification. <br>|  | Document Uploaded. - XXXX | Prepayment Rider was provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119630 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 6 | XXXX | Credit | Asset 4 Does Not Meet Guideline Requirements | Asset does not meet G/L Requirements. Borrower received a $XXXX gift of equity. File notes that there is an exception to allow. Loan file is missing a copy of the exception and approval allowing the $XXXX gift of equity. <br>|  | Document Uploaded. - XXXX | Asset 4 Meets Guideline Requirements Or Not Applicable - XXXX<br> Set in error. Additional condition added for exception provided. - XXXX<br> Asset 4 Meets Guideline Requirements Or Not Applicable - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119630 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 6 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119630 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 6 | XXXX | Credit | Asset do not meet guidelines |  |  |  | Exception in file for: BRWR IS BUYING HOME FROM XXXX - BRWR WANTS XXXX TO CONTRIBUTE ALL GIFT FUNDS.<br> BRWR IS BUYING HOME FROM XXXX AT XXXX. HOME WILL APPRAISE FOR XXXX.<br> BRWR IS WANTING 100% GIFT FUNDS AT LTV 70-80%.<br>Borrower received a $XXXX Gift of Equity from Seller. Transaction is a non-arms length transaction that does not meet guideline requirements - XXXX | BRWR IS HOME BUILDER WITH OTHER PROPERTIES<br> DSCR> 1.00<br> RESERVES OF XXXX<br> CREDIT SCORE XXXX<br> Monthly reserves is verified AND at least XXXX months more than guideline minimum<br> FICO higher than XXXX, AND at least XXXX points higher than guideline minimum | XXXX | Waived | 2 | 2 | 4 | 2 |
| XXXX | XXXX | 4350119694 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119694 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119694 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119685 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119685 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119685 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119696 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119696 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Exception approved allowing LTV of 90% which exceeds guideline of 85% for Warrantable condo. <br>|  |  |  | Compensating factors listed as FICO of XXXX exceeds requirement by >XXXX, DTI under 35% and residual income greater than $XXXX monthly. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119696 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119702 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119702 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119702 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119714 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 13 | XXXX | Compliance | The Initial 1003 is Missing | The Initial 1003 is missing. <br>|  | Document Uploaded. - XXXX | Initial 1003 provided. Condition resolved. - XXXX<br> The Initial 1003 is present. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119714 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 13 | XXXX | Credit | Title Document Missing | Title document is missing. <br>|  | Document Uploaded. - XXXX | Title provided. Condition resolved. - XXXX<br> Title document is fully present - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119714 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 13 | XXXX | Credit | Missing Property Tax Cert | Missing property tax cert. <br>|  | Document Uploaded. - XXXX | Tax Cert provided. Condition resolved. - XXXX<br> property tax cert provided - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119714 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 13 | XXXX | Credit | Evidence of Property Tax Missing | Missing evidence of property tax. Please provide the tax certification to evidence the property taxes for XXXX and XXXX. <br>|  | Document Uploaded. - XXXX | Tax Cert provided. Condition resolved. - XXXX<br> Evidence of property tax is present - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119714 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 13 | XXXX | Credit | Hazard Insurance Policy is Missing | Missing hazard insurance policy. Please provide the hazard policy for XXXX. <br>|  | Document Uploaded. - XXXX | Renewal Policy and RCE were provided. Condition resolved. - XXXX<br> HOI Policy provided. However policy expires XXXX. Provide renewal policy. - XXXX<br> Hazard Insurance Policy was provided. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119714 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 6 of 13 | XXXX | Credit | Approval/Underwriting Summary Not Provided | The loan did not contain the Approval/Underwriting Summary. Please provide the approval/1008 outlining approval terms and program used. Additional conditions may apply.<br>|  | Document Uploaded. - XXXX | 1008 provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119714 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 7 of 13 | XXXX | Credit | Third Party Fraud Report not Provided | Missing third party fraud report. <br>|  | Document Uploaded. - XXXX | Fraud Report provided. Condition resolved. - XXXX<br> Third party fraud report is provided - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119714 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 8 of 13 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119714 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 9 of 13 | XXXX | Compliance | Missing Doc - Affiliated Business Disclosure/Missing | Required Affiliated Business Disclosure missing <br>|  | Document Uploaded. - XXXX | Required Affiliated Business Disclosure Resolved - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119714 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 10 of 13 | XXXX | Compliance | Missing Doc - Homeownership Counseling Disclosure/Missing | Homeownership Counseling Disclosure is missing. <br>|  | Document Uploaded. - XXXX | Homeownership Counseling Disclosure was provided. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119714 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 11 of 13 | XXXX | Compliance | TRID: Missing Loan Estimate | Initial Loan Estimate and any subsequent Loan Estimate issued to Borrower are missing. <br>|  | Document Uploaded. - XXXX | Received intial LE - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119714 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 12 of 13 | XXXX | Compliance | Intent to Proceed is Missing or Incomplete | Could not locate the intent to proceed in the file. <br>|  | Document Uploaded. - XXXX | Intent to Proceed provided. - XXXX<br> intent to proceed received. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119714 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 13 of 13 | XXXX | Credit | Hazard Insurance Coverage Amount is less than Required Coverage Amount | Coverage Amount - Hazard insurance amount is less than required coverage amount. <br>|  | Document Uploaded. - XXXX | Renewal Policy and RCE were provided. Condition resolved. - XXXX<br> Coverage Amount - Hazard Insurance of $XXXX is equal to or greater than Required Coverage Amount of $XXXX - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119684 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 6 | XXXX | Credit | Audited FICO is less than Guideline FICO | Audited FICO is less than guideline FICO. The borrowers credit score of XXXX does not meet the minimum requirement of 720. <br>|  | Document Uploaded. - XXXX<br> Document Uploaded. - XXXX | LTV exceeds guidelines. Borrower score is XXXX, but the guideline minimum for 90LTV is XXXX. An Approved Exception was provided in the loan file. - XXXX<br> Exception received for: Requesting exception for 90 LTV at XXXX FICO (guideline XXXX)<br> - XXXX<br> Document Uploaded. - XXXX<br> Condition upheld. Fraud Report provided. Fraud Report was in original loan file. Condition is for Borrower's FICO (Credit) score. - XXXX | XXXX DTI, 10 years in business, $XXXX residual income with 50% expense factor, 0x30x12 VOR | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119684 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 6 | XXXX | Credit | All Interested Parties Not Checked with Exclusionary Lists | All interested parties not checked with exclusionary lists. Unable to locate a complete OFAC/Exclusionary report, only the borrower and property seller were checked. <br>|  | Document Uploaded. - XXXX | All Interested Parties Checked against Exclusionary Lists - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119684 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 6 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119684 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 6 | XXXX | Compliance | Charges That Cannot Increase Test (50001251) | The following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the Cannot Increase Category: CDA Review. 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. (XXXX; XXXX). The CDA fee was added on the Final Closing disclosure without a valid changed circumstance in the file. <br>|  | Document Uploaded. - XXXX | Received CIC for the additonal Fee - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119684 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 6 | XXXX | Compliance | Insufficient Change of Circumstance (50001252) | The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: CDA Review. 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. (XXXX; XXXX; XXXX).  |  | Document Uploaded. - XXXX | Received CIC for the additional Fee - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119684 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 6 of 6 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. 1008 states expense ratio 85% yet income worksheet states 50%, need client to address this as when I used 85% the income decreased and taking the dti outside of tolerance. <br>|  | Document Uploaded. - XXXX | LTV exceeds guidelines. Borrower score is 703, but the guideline minimum for 90LTV is XXXX. An Approved Exception was provided in the loan file. - XXXX<br> Requesting exception for 90 LTV at XXXX FICO (guideline XXXX)<br> - XXXX | XXXX DTI, 10 years in business, $XXXX residual income with 50% expense factor, 0x30x12 VOR | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119638 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 9 | XXXX | Credit | Borrower 1 Lease Agreements Missing | Borrower 1 Lease Agreements missing from the file. Missing evidence of rent for primary residence $XXXX XXXX<br>|  | Borrower owns the primary. no lease/rent. - XXXX | Borrower 1 Lease Agreements Provided - XXXX<br> XXXX is Borrower's Primary, not a rental. - XXXX<br> Borrower 1 Lease Agreements Provided - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119638 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 9 | XXXX | Credit | Approval/Underwriting Summary Deficient | Approval/Underwriting Summary is deficient. The 1008 and the Underwriting Conditional Approval do not align with each other or with the rest of the documents in the file: Total Borrower Income, front end DTI, Qualifying Rate, Borrower's Primary Residence etc <br>|  | Document Uploaded. Attached updated final approval. The 1008 prints on the primary so it will not match. - XXXX | Approval/Underwriting Summary is fully present - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119638 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 9 | XXXX | Credit | Audited CLTV Exceeds Guideline CLTV | Audited CLTV exceeds guideline CLTV. Per guidelines-WVOE and PnL Statement Max LTV 75%/Min fico 700. Loan approved with 80% LTV. A formal exception is in file. Page XXXX <br>|  |  |  | Compensating factors-Borrower fico high/over program required minimum. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119638 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 9 | XXXX | Credit | Audited HCLTV Exceeds Guideline HCLTV | Audited HLTV exceeds guideline HCLTV. Per guidelines-WVOE and PnL Statement Max LTV 75%/Min fico 700. Loan approved with 80% LTV. A formal exception is in file. Page XXXX <br>|  |  |  | Compensating factors-Borrower fico high/over program required minimum. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119638 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 9 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Per guidelines-WVOE and PnL Statement Max LTV 75%/Min fico 700. Loan approved with 80% LTV. A formal exception is in file. Page XXXX<br>|  |  |  | Compensating factors-Borrower fico high/over program required minimum. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119638 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 9 | XXXX | Credit | Approval - Lender Income Calculation Missing | The loan file did not contain the lender income calculation worksheet as required.  |  | Document Uploaded. attached. - XXXX | Lender worksheet received for both borrowers. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119638 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 7 of 9 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119638 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 8 of 9 | XXXX | Credit | Gift Letter - No Evidence for Transfer of Funds | No evidence of the transfer of gift funds from the donor to the borrower was located in the file. The final 1003 for B1 reflects a gift of $XXXX. No gift letter or transfer of funds found in the file. <br>|  | Gift was removed. Borrower has sufficient funds to close/reserves. Condition resolved. - XXXX<br> Document Uploaded. No gift on file. See attached. Removed gift. - XXXX | Gift was removed. Borrower has sufficient funds to close/reserves. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119638 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 9 of 9 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119691 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119691 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119691 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119701 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Hazard Insurance Policy is Partial | Hazard insurance policy partially provided. The hazard policy expires the day after closing. Provide the updated policy for XXXX-XXXX. <br>|  | Document Uploaded. Hello this is a refinance. Have the hazard insurance policy from XXXX to XXXX. Also have the policy from XXXX to XXXX which is consecutive. Please find attached. Please clear. Thank you. - XXXX | Final CD in file shows a paying for renewal HOI Policy. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119701 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119701 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119701 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Loan amount minimal $100000 - loan amount per change of circumstance $XXXX<br>|  |  |  | DSCR 1.41% > = 1.25%<br> Credit Score XXXX+ points - minimum required XXXX (XXXX) <br> Current primary homeownership 3 years > 2 years<br> Experienced investor owns and manages 2 or more properties > 12 months<br> Reserves exceeded requirement by 2 months or more XXXX months (XXXXmo) using cash out | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119637 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 6 | XXXX | Credit | Audited CLTV Exceeds Guideline CLTV | Audited CLTV exceeds guideline CLTV. The audited CLTV of 80% exceeds the guideline maximum of 75%. There is an exception approval in the file. <br>|  |  |  | High DSCR | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119637 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 6 | XXXX | Credit | Audited HCLTV Exceeds Guideline HCLTV | Audited HLTV exceeds guideline HCLTV. The audited HCLTV of 80% exceeds the guideline maximum of 75%. There is an exception approval in the file. <br>|  |  |  | High DSCR | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119637 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 6 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. The audited LTV of 80% exceeds the guideline maximum of 75%. There is an exception approval in the file. <br>|  |  |  | High DSCR | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119637 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 6 | XXXX | Credit | Calculated DSCR does not meet the Minimum DSCR allowed | The Calculated DSCR of 'XXXX' is less than the minimum required DSCR of'1'. The audited DSCR of XXXX is less than the guideline requirement of 1.0. The originator used the higher of the current lease amount Vs the lower market rent amount. Per the guidelines, "the higher 12-month lease agreement amount may be used with evidence of the XXXX months most recent, <br> consecutive history of timely receipt." The renters are both month to month and no evidence of XXXX months receipt was located in the loan file. <br>|  | Document Uploaded. attached exception. - XXXX <br> No lease on this as this is a purchase loan. Rent amount used is from appraisal. - XXXX | Exception in file to use actual rents in place - XXXX<br> The Calculated DSCR is equal to or greater than the minimum required DSCR, or Not Applicable - XXXX<br> Condition upheld. The month to month current rent of $XXXX was used to calculate the DSCR. The Market Rent per Appraisal id $XXXX. Using the lesser amount per guidelines, the DSCR of 0.956% does not meet the guideline minimum of 1.00 at 80% LTV. Provide exception. - XXXX | High DSCR | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119637 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 6 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119637 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 6 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119695 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119695 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119695 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119711 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing <br>|  | Document Uploaded. Credit refresh is attached. - XXXX | GAP Report provided. Condition resolved. - XXXX<br> Borrower 1 Gap Credit Report is not missing. - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119711 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119711 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119648 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119648 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Credit | Audited CLTV Exceeds Guideline CLTV | Audited CLTV exceeds guideline CLTV. Per guidelines-Min FICO 680/Max LTV 70%. Loan approved/qualified with 75% LTV. A formal exception is in file. <br>|  |  |  | Compensating factors-Borrowers FICO over program requirements. Borrower has good/multiple years of prior rental property ownership. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119648 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Credit | Audited HCLTV Exceeds Guideline HCLTV | Audited HLTV exceeds guideline HCLTV. Per guidelines-Min FICO 680/Max LTV 70%. Loan approved/qualified with 75% LTV. A formal exception is in file. <br>|  |  |  | Compensating factors-Borrowers FICO over program requirements. Borrower has good/multiple years of prior rental property ownership. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119648 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Per guidelines-Min FICO 680/Max LTV 70%. Loan approved/qualified with 75% LTV. A formal exception is in file. <br>|  |  |  | Compensating factors-Borrowers FICO over program requirements. Borrower has good/multiple years of prior rental property ownership. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119648 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119665 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Unable to locate a VOM for the subject property from XXXX, the mortgage is not reporting on the credit report <br>|  | Document Uploaded. No mortgage statements as no payments are due until maturity. Attached agreement again. - XXXX | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119665 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Credit | Title - Ownership Issue | Title documents provided in the loan file reflected potential ownership issues. Per the title report, the property is currently vested in a different LLC than the borrowers current LLC. There is an exception approval in the loan file. <br>|  |  |  | 3 months reserves greater than program requirement | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119665 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119665 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119687 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 4 | XXXX | Credit | Approval/Underwriting Summary Deficient | Approval/Underwriting Summary is deficient. Lender to provide complete loan approval. <br>|  | 1008 was in file. Manual Underwrite. - XXXX<br> Document Uploaded. This is a manual underwrite. hence AUS not available. - XXXX | 1008 was in file. Manual Underwrite. - XXXX<br> Approval/Underwriting Summary is fully present - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119687 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119687 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 4 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119687 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 4 | XXXX | Credit | Asset 1 Does Not Meet Guideline Requirements | Asset does not meet G/L Requirements. Assets must be seasoned for at least 60 days (about 2 months) before they can be used to meet reserve requirements or down payment. This includes funds transferred between accounts. Unable to determine seasoning requirement due to one month provided for XXXX. <br>|  | Document Uploaded. - XXXX | Removed the XXXX asset as Borrower has sufficient funds in other accounts. - XXXX<br> Asset Record 1 Meets G/L Requirements - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119698 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Credit | Eligibility - Borrower Identity | The loan file reflected potential identity issues. Missing Photo ID or Customer Identification Verification – USA Patriot Act filled out form. <br>|  | Document Uploaded. Please find the XXXX XXXX Disclosure Forms. Please clear. Thank you. - XXXX | XXXX Patriot Act Information Sheet was provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119698 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119698 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119654 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119654 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119654 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119656 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119656 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119656 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119700 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119700 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119700 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119692 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 1 of 3 | XXXX | Compliance | PUD Rider is Missing | PUD Rider is missing. Appears a PUD Rider should have been executed based on review of the appraisal reflecting an HOA Fee of $XXXX/mo. despite the executed Deed of Trust not reflecting any executed riders. <br>|  | Document Uploaded. - XXXX | Subject is not a PUD. Title and Appraisal confirm. Condition resolved. - XXXX<br> The PUD Rider is Present or is not applicable (Property Type is Single Family Detached) - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119692 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119692 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 3 of 3 | XXXX | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. The Fannie Mae SSR/Collateral Underwriter report score exceeded 2.50 and does not support the subject value used in qualifying. Provide a XXXX Collateral Desktop Analysis (CDA) report support the subject value. <br>|  | Document Uploaded. - XXXX | CDA supporting value was provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119679 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119679 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. Per lender guidelines, a XXXX Desktop Analysis is required when the CU score is ≥ 2.5. The CU Risk Score is XXXX. <br>|  | Document Uploaded. CDA - XXXX<br> Document Uploaded. - XXXX | CDA supporting value was provided. Condition resolved. - XXXX<br> Condition upheld. CDA provided is not for the subject property. The Address and Legal Description on the CDA do not match Title or the DOT. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119679 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119679 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Property | Property Issue - Property Size | The subject appraisal verified that the property/house size does not meet guidelines. Per Guidelines: Subject unit must have at least 500 square feet of living space. The subject property is XXXX square feet per Appraisal.  |  |  | Exception is file for: Collateral: Property has square footage that does not meet guideline requirements. Condition waived. - XXXX | FICO higher than XXXX, AND at least XXXX points higher than guideline minimum<br> Monthly reserves is verified AND at least 4 months more than guideline minimum<br> Housing payment history is Ox30x24 or better | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119679 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Credit | Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage is less than all Subject Lien(s) and Replacement Cost Value Provided | Replacement cost for all three buildings is $XXXX. Master Policy Coverage is $1,000,000.  |  |  | Exception provided for: Master HOI is < RCE.<br> Replacement cost of all 3 buildings is $XXXX all other perils insured at XXXX% replacement cost; Project is insured for XXXX% replacement cost, based on a RCE cost estimator that includes full interior coverage, architect fees and overhead & profit. If the interior is subtracted from the replacement cost estimator, the subject unit could be insured to full replacement cost with a combination of the master policy and HO-6; Condo has elected not to carry ordinance and law coverage. The project is legally zoned under current. <br> - XXXX | FICO higher than XXXX, AND at least XXXX points higher than guideline minimum<br> Monthly reserves is verified AND at least XXXX months more than guideline minimum<br> Housing payment history is Ox30x24 or better | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119712 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Missing Application |  |  | This is a DSCR loan, no need for loan application, and the final 1003 was already provided with the package. - XXXX | Loan Application was located in loan file. Condition voided. - XXXX |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119712 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119712 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119683 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 14 | XXXX | Credit | Income - Rental Property | Rental income is not properly documented and/or supported. Originator used a loss of $XXXX. Rental income used was $XXXX and PITIA is $XXXX. With 25% vacancy factor as required by guidelines loss is -$XXXX. Actaul rent is $XXXX but this was not used. For property located at XXXX rent used was $XXXX and expenses are $XXXX. Loss used was -$XXXX but again with a 25% vacancy factor loss should be -$XXXX. It is not clear how origiantor determined rental income losses. <br>|  |  | Vacancy factor per guidelines is only 15%. Condition was set in error. - XXXX |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119683 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 14 | XXXX | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. File did not contain proof of taxes for XXXX, #XXXX. <br>|  | Document Uploaded. - XXXX | Tax Cert for XXXX, #XXXX was provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119683 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 14 | XXXX | Credit | Audited DTI Exceeds Guideline DTI | Audited DTI exceeds guideline DTI. Audit DTI is 51.32% and matches lender 1008. Under All Western guides max DTI is 50%. The 1008 also reflected a DTI of 51.319% and there is no exception in file. Please provide a loan exception. <br>|  |  | Audited DTI of 51.32% is less than or equal to Guideline DTI of 55% - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119683 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 14 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119683 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 14 | XXXX | Compliance | XXXX Fee Not Allowed- Collateral Desk Review Fee (Fee ID: 998) | Section 3:1-16.2 of the XXXX Mortgage Loans, Fees, Obligations Provisions (XXXX) does not allow Collateral Desk Review Fee (Fee ID: XXXX) to be charged to the Borrower in XXXX.  |  | These fees are allowed - Our system is not mapped correctly in admin setting for fees in XXXX state currently hence mavent is throwing fail. - XXXX | in error - XXXX |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119683 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 6 of 14 | XXXX | Compliance | XXXX Fee Not Allowed- Document Preparation Fee (Fee ID: 104) | Section 3:1-16.2 of the XXXX Mortgage Loans, Fees, Obligations Provisions (XXXX) does not allow Document Preparation Fee (Fee ID: XXXX) to be charged to the Borrower in XXXX.  |  |  |  |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119683 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 7 of 14 | XXXX | Compliance | XXXX Fee Not Allowed- Title Miscellaneous Fee (Fee ID: 998) | Section 3:1-16.2 of the XXXX Mortgage Loans, Fees, Obligations Provisions (XXXX) does not allow Title Miscellaneous Fee (Fee ID: XXXX) to be charged to the Borrower in XXXX.  |  |  |  |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119683 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 8 of 14 | XXXX | Compliance | XXXX Fee Not Allowed- Hybrid E-Sign Fee (Fee ID: 998) | Section 3:1-16.2 of the XXXX Mortgage Loans, Fees, Obligations Provisions (XXXX) does not allow Hybrid E-Sign Fee (Fee ID: XXXX) to be charged to the Borrower in XXXX.  |  |  |  |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119683 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 9 of 14 | XXXX | Compliance | XXXX Fee Not Allowed- Tidelands Search (Fee ID: 998) | Section 3:1-16.2 of the XXXX Mortgage Loans, Fees, Obligations Provisions (XXXX) does not allow XXXX Search (Fee ID: XXXX) to be charged to the Borrower in XXXX.  |  |  |  |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119683 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 10 of 14 | XXXX | Compliance | XXXX Fee Not Allowed- Other Title Fees (Fee ID: 998) | Section 3:1-16.2 of the XXXX Mortgage Loans, Fees, Obligations Provisions (XXXX) does not allow Other Title Fees (Fee ID: XXXX) to be charged to the Borrower in XXXX.  |  |  |  |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119683 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 11 of 14 | XXXX | Compliance | XXXX Fee Not Allowed- E-recording fee (Fee ID: 998) | Section 3:1-16.2 of the XXXX Mortgage Loans, Fees, Obligations Provisions (XXXX) does not allow E-Recording Fee (Fee ID: XXXX) to be charged to the Borrower in XXXX.  |  |  |  |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119683 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 12 of 14 | XXXX | Compliance | XXXX Fee Not Allowed- Closing Fee (Fee ID: 998) | Section 3:1-16.2 of the XXXX Mortgage Loans, Fees, Obligations Provisions (XXXX) does not allow Closing Fee (Fee ID: XXXX) to be charged to the Borrower in XXXX.  |  |  |  |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119683 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 13 of 14 | XXXX | Compliance | XXXX Fee Not Allowed- Copy/Fax Fee (Fee ID: 998) | Section 3:1-16.2 of the XXXX Mortgage Loans, Fees, Obligations Provisions (XXXX) does not allow Copy/Fax Fee (Fee ID: XXXX) to be charged to the Borrower in XXXX.  |  |  |  |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119683 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 14 of 14 | XXXX | Credit | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). <br>|  | Document Uploaded. - XXXX <br> Invalid: Loan Funded on XXXX. Closing was on XXXX' LQI is dated XXXX - XXXX | UDM Report provided. Condition resolved. - XXXX<br> Borrower 1 Gap Credit Report is not expired. - XXXX<br> Condition upheld. Credit Report dated XXXX. Note dated XXXX XXXX days. UDM Report is required. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119631 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Compliance | Loan Originator NMLS Status is Unknown | Loan Originator NMLS status is unknown. <br>|  | Document Uploaded. attached correction. - XXXX <br> this is a business purpose loan. - XXXX | Received all required documents/disclosures re-disclosed with an active LO. Finding resolved - XXXX<br> Loan Originator NMLS Status is Known - XXXX<br> The XXXX Financing Law (Fin. Code, § XXXX et seq.) requires the licensing and regulation of finance lenders and brokers making and brokering consumer and commercial loans. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119631 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119631 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119631 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Program Parameters - LTV | The subject loan does not meet program parameters for LTV. The subject LTV does not meet guidelines. Guideline states LTV for loans with DSCR less than 1 for a cash out refinance is 70%. <br>|  |  |  | The compensating factor is the borrower's fico is over program requirements. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119682 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | 1 of 4 | XXXX | Compliance | The Deed of Trust is Incomplete | The Deed of Trust is incomplete. There is a Renewal and Extension Rider on the subject. This is not selected as part of the Mortgage though worded as an attachment to the Deed of Trust. Page XXXX of the loan file. <br>|  | Document Uploaded. - XXXX | Complete DOT was provided with certified eRecorded page for the DOT. Condition resolved. - XXXX<br> The Deed of Trust is present and complete - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119682 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | 2 of 4 | XXXX | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. The mortgage payment on the REO:XXXX is escrowed for taxes and insurance with a monthly payment of $XXXX per the mortgage statement. Per the lender's final 1003 the monthly payment for the XXXX Mortgage is $XXXX with additional fees of $XXXX for a total of $XXXX/mo. Per the borrower's LOE there is no HOA. Lender to provide the additional components supporting the $XXXX/mo. payment, along with a VOM from the lender as the statement shows $XXXX/mo. with the credit report showing a monthly payment of $XXXX/mo. <br>|  | Document Uploaded. - XXXX | REO Documentation provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119682 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | 3 of 4 | XXXX | Credit | Property Title Issue | Property title issue. The title commitment is missing the 2nd title holder as proposed insured: XXXX. <br>|  | Document Uploaded. - XXXX | Corrected Title provided. Condition resolved. - XXXX<br> Property Title Issue Resolved - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119682 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | 4 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119710 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 1 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119710 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 2 of 5 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119710 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 3 of 5 | XXXX | Credit | Borrower 1 Gap Credit Report is Missing | The gap credit report is missing from the loan file. Borrower 1 Gap Credit Report is Missing <br>|  | Document Uploaded. - XXXX | GAP Report provided. Condition resolved. - XXXX<br> Borrower 1 Gap Credit Report is not missing. - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119710 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 4 of 5 | XXXX | Credit | Approval - Lender Income Calculation Missing | The loan file did not contain the lender income calculation worksheet as required. Rental income of $XXXX was used for the property located at XXXX. This property was recently refinanced and showing the XXXX as the borrower instead of the trustee, and the closing disclosure reflects a total payment of $XXXX. Please provide documentation to show how rental income has been calculated. If the property is leased, please provide the lease agreement. <br>|  | Document Uploaded. Regarding the XXXX property, rental income of $XXXX was not used – a rental loss of $XXXX appeared on the REO and that has been corrected to accurately reflect the $XXXX PITI liability for the recent refinance transaction per the attached 1003 REO page. The 1008 has also been updated accordingly (attached) with the necessary, corresponding rental calculation explanation "Lender is including full PITI payment for XXXX for a total net rental loss of $XXXX."<br>- XXXX | Explanation, updated 1003, and updated 1008 were provided. -$XXXX was used for the property in question. Loan has been updated to reflect the changes. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119710 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 5 of 5 | XXXX | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. Please provide the hazard insurance statement for XXXX. <br>|  | Document Uploaded. Please see the attached HOI page; updated 1008 and 1003. - XXXX<br> Document Uploaded. Please see the attached. - XXXX | Receievd evidence of HOI - XXXX<br> Condition upheld. Document provided. Does not show cost of HOI Policy for XXXX Please provide HOI Policy to determine cost of HOI for Primary. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119719 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Hazard Insurance Coverage Amount is less than Required Coverage Amount | Provide updated coverage that supports a loan amount of $XXXX or a replacement cost estimate. Coverage Amount - Hazard insurance amount is less than required coverage amount. <br>|  | Document Uploaded. Please see the attached from the agent on this policy, confirming 100% replacement cost in checklist and email. - XXXX<br> Document Uploaded. Please see the attached confirming 100% replacement cost and outline on XXXX statute XXXX - XXXX | Received RCE - XXXX<br> Condition upheld. A generic Letter was provided stating there is no RCE and the the policy has 100% replacement cost. Provide a corrected HOI Policy stating that, or a Letter specific to the HOI Policy stating there is 100% replacement letter. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119719 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119719 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119719 | XXXX |  | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Missing Business Purpose Affidavit | File is missing statement of business purpose. Please provide the business purpose affidavit. <br>|  | Document Uploaded. Please see the attached. - XXXX | Document was located in the file. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119713 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 10 | XXXX | Credit | Title Document Missing | Title document is missing. The Preliminary Title Report and Final Report missing.<br>|  | Document Uploaded. - XXXX | Complete Title was provided. Condition resolved. - XXXX<br> Title document is fully present - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119713 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 10 | XXXX | Credit | Missing Property Tax Cert | Missing property tax cert. <br>|  | Document Uploaded. - XXXX | Tax Cert provided. Condition resolved. - XXXX<br> property tax cert provided - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119713 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 10 | XXXX | Credit | Evidence of Property Tax Missing | Missing evidence of property tax. <br>|  | Document Uploaded. - XXXX | Tax Cert provided. Condition resolved. - XXXX<br> Evidence of property tax is present - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119713 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 10 | XXXX | Property | Loan Purpose is Purchase but Purchase Contract Doc is Missing | Loan purpose is purchase and valuation type of purchase contract has not been selected. <br>|  | Document Uploaded. - XXXX | Purchase Contract was provided. Condition resolved. - XXXX<br> Purchase Contract Doc is not Missing, or is Not Applicable. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119713 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 10 | XXXX | Credit | Asset 1 Missing | Asset documentation is missing from the file. The XXXX asset statement ending in XXXX with a balance of $XXXX is missing from the loan file. <br>|  | Document Uploaded. - XXXX | Asset Statement provided. Condition resolved. - XXXX<br> Asset 1 Provided - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119713 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 10 | XXXX | Credit | Approval/Underwriting Summary Not Provided | The loan did not contain the Approval/Underwriting Summary. Missing Underwriting Summary (1008/ Loan Approval to determine which program was used in the approval. <br>|  | Document Uploaded. - XXXX | 1008 was provided. Condition resolved. - XXXX<br> Approval/Underwriting Summary is fully present - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119713 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 7 of 10 | XXXX | Credit | Third Party Fraud Report not Provided | Missing third party fraud report. <br>|  | Document Uploaded. - XXXX | Fraud Report provided. Condition resolved. - XXXX<br> Third party fraud report is provided - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119713 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 8 of 10 | XXXX | Property | Appraisal is Expired | Primary value appraisal is expired. The appraisal effective date is XXXX and the Note date is XXXX which is 120 days old. <br>|  | The appraisal expired on XXXX and the loan closed on XXXX. - XXXX | Appraisal is XXXX days out from Note, is subject to and completion cert was provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119713 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 9 of 10 | XXXX | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. <br>|  | if you look on question #XXXX, it agrees with the value of the appraisal report. - XXXX<br> Document Uploaded. - XXXX | Field Review supporting value was provided. Condition resolved. - XXXX<br> Condition upheld. Field Review is incomplete. Grid is blank and no value is given. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119713 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 10 of 10 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119699 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119699 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119699 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |

---

## Exhibit 99.28

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.28**

![](maxwell-logo.jpg)

Client COLT 2026-2 <br> Transaction COLT 2026-2 <br> Date XXXX

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| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Mapped ID** | **Deal ID** | **Customer Loan ID** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Initial Loan Rating** | **Final Loan Rating** | **Initial Credit Rating** | **Final Credit Rating** | **Initial Compliance Rating** | **Final Compliance Rating** | **Initial Valuation Rating** | **Final Valuation Rating** |
| XXXX | XXXX | 4350119611 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119612 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119613 |  |  | XXXX | XXXX | 4 | 2 | 4 | 2 | 1 | 1 | 3 | 1 D B A C |
| XXXX | XXXX | 4350119614 |  |  | XXXX | XXXX | 4 | 2 | 4 | 2 | 3 | 1 | 1 | 1 D B C A |
| XXXX | XXXX | 4350119615 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119616 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119617 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119618 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119619 |  |  | XXXX | XXXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119620 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119621 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119622 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119623 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119624 |  |  | XXXX | XXXX | 3 | 2 | 3 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | XXXX | 4350119625 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119626 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119627 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119628 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119706 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119707 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119708 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119709 |  |  | XXXX | XXXX | 3 | 2 | 3 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | XXXX | 4350119670 |  |  | XXXX | XXXX | 4 | 1 | 4 | 1 | 4 | 1 | 3 | 1 D A C |
| XXXX | XXXX | 4350119632 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119633 |  |  | XXXX | XXXX | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119635 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119636 |  |  | XXXX | XXXX | 3 | 2 | 2 | 2 | 1 | 1 | 3 | 1 C B A |
| XXXX | XXXX | 4350119671 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119672 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 D A |
| XXXX | XXXX | 4350119673 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119674 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119639 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119640 |  |  | XXXX | XXXX | 4 | 1 | 4 | 1 | 4 | 1 | 4 | 1 D A C |
| XXXX | XXXX | 4350119641 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119642 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119643 |  |  | XXXX | XXXX | 4 | 2 | 4 | 2 | 1 | 1 | 1 | 1 D B A |
| XXXX | XXXX | 4350119644 |  |  | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119645 |  |  | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119646 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119647 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119649 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119650 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119651 |  |  | XXXX | XXXX | 3 | 1 | 1 | 1 | 1 | 1 | 3 | 1 C A |
| XXXX | XXXX | 4350119652 |  |  | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119653 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119686 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119675 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119655 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119657 |  |  | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119658 |  |  | XXXX | XXXX | 4 | 2 | 4 | 2 | 1 | 1 | 1 | 1 D B A |
| XXXX | XXXX | 4350119659 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119660 |  |  | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119661 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119662 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119663 |  |  | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119664 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119666 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 3 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119667 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119668 |  |  | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119689 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119690 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 D A |
| XXXX | XXXX | 4350119669 |  |  | XXXX | XXXX | 3 | 2 | 3 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | XXXX | 4350119703 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 3 | 1 A |
| XXXX | XXXX | 4350119704 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119705 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119676 |  |  | XXXX | XXXX | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| XXXX | XXXX | 4350119677 |  |  | XXXX | XXXX | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| XXXX | XXXX | 4350119716 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119717 |  |  | XXXX | XXXX | 4 | 1 | 3 | 1 | 4 | 1 | 1 | 1 D A C |
| XXXX | XXXX | 4350119718 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119720 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119721 |  |  | XXXX | XXXX | 4 | 2 | 4 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119722 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119723 |  |  | XXXX | XXXX | 3 | 1 | 1 | 1 | 1 | 1 | 3 | 1 A |
| XXXX | XXXX | 4350119724 |  |  | XXXX | XXXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119725 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119726 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119727 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119728 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119680 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119634 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 2 | 1 C B A |
| XXXX | XXXX | 4350119629 |  |  | XXXX | XXXX | 4 | 1 | 3 | 1 | 4 | 1 | 1 | 1 D A C |
| XXXX | XXXX | 4350119715 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119681 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119688 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119697 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 3 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119693 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119678 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119630 |  |  | XXXX | XXXX | 4 | 2 | 3 | 2 | 4 | 1 | 1 | 1 D B A |
| XXXX | XXXX | 4350119694 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119685 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119696 |  |  | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119702 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119714 |  |  | XXXX | XXXX | 4 | 1 | 3 | 1 | 4 | 1 | 1 | 1 D A C |
| XXXX | XXXX | 4350119684 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 3 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119638 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119691 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119701 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119637 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119695 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119711 |  |  | XXXX | XXXX | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| XXXX | XXXX | 4350119648 |  |  | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119665 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119687 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119698 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119654 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119656 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119700 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119692 |  |  | XXXX | XXXX | 3 | 1 | 1 | 1 | 3 | 1 | 3 | 1 C A |
| XXXX | XXXX | 4350119679 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 3 | 2 C B A |
| XXXX | XXXX | 4350119712 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119683 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119631 |  |  | XXXX | XXXX | 3 | 2 | 2 | 2 | 3 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119682 |  |  | XXXX | XXXX | 4 | 1 | 3 | 1 | 4 | 1 | 1 | 1 D A C |
| XXXX | XXXX | 4350119710 |  |  | XXXX | XXXX | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| XXXX | XXXX | 4350119719 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119713 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 3 | 1 C A |
| XXXX | XXXX | 4350119699 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

---

## Exhibit 99.29

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.29**

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| **Loan ID** | **Mapped ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXXX | XXXX | 4350119611 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 72.92 | 72.92 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119612 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119613 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119614 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119615 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119616 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 69.62 | 69.62 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119617 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 63.13 | 63.13 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119618 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119619 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119620 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119621 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 63.42 | 63.42 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119622 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 69.89 | 69.89 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119623 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119624 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | 1004 URAR |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119625 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119626 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119627 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 74.79 | 74.79 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119628 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119706 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119707 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119708 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119709 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 50 | 50 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119670 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119632 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119633 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119635 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119636 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 60 | 60 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119671 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 63.98 | 63.98 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119672 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119673 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119674 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119639 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119640 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119641 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119642 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119643 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | AVM |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | Other | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119644 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 50 | 50 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119645 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119646 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119647 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | 0 | XXXX |
| XXXX | XXXX | 4350119649 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 38.71 | 38.71 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119650 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119651 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 60.45 | 60.45 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXXX Eligible | 2.3 | XXXX |
| XXXX | XXXX | 4350119652 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119653 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119686 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.1 | XXXX |
| XXXX | XXXX | 4350119675 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXXX |
| XXXX | XXXX | 4350119655 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119657 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119658 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 50 | 50 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119659 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 52.81 | 52.81 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXXX |
| XXXX | XXXX | 4350119660 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119661 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119662 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXXX Eligible | 1.1 | XXXX |
| XXXX | XXXX | 4350119663 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.7 | XXXX |
| XXXX | XXXX | 4350119664 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119666 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 85 | 85 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119667 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 85 | 85 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXXX |
| XXXX | XXXX | 4350119668 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 68.17 | 68.17 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119689 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119690 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119669 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119703 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 42.19 | 42.19 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119704 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119705 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119676 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 79.99 | 79.99 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119677 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | AVM |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.9 | XXXX |
| XXXX | XXXX | 4350119716 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119717 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 74.32 | 74.32 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119718 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119720 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXXX |
| XXXX | XXXX | 4350119721 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119722 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119723 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119724 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 65.06 | 65.06 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119725 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119726 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119727 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119728 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119680 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119634 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 54.17 | 54.17 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.3 | XXXX |
| XXXX | XXXX | 4350119629 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | 1004 URAR |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119715 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 17.86 | 17.86 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119681 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119688 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 38.98 | 38.98 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119697 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 55.86 | 55.86 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119693 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119678 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119630 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119694 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXXX |
| XXXX | XXXX | 4350119685 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119696 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119702 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119714 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119684 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119638 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119691 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 85 | 85 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | XXXX |
| XXXX | XXXX | 4350119701 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXXX |
| XXXX | XXXX | 4350119637 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | XXXX |
| XXXX | XXXX | 4350119695 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 55.29 | 55.29 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119711 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119648 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119665 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 999 | XXXX |
| XXXX | XXXX | 4350119687 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119698 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 61.9 | 61.9 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119654 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 60 | 60 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119656 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119700 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXXX |
| XXXX | XXXX | 4350119692 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 29.54 | 29.54 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119679 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119712 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119683 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 57.69 | 57.69 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119631 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119682 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.2 | XXXX |
| XXXX | XXXX | 4350119710 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 47.06 | 47.06 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119719 | XXXX | XXXX | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 72.53 | 72.53 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119713 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | 2000 One Unit Appraisal Field Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 159000 | 0 | 0 | JSM Appraisal Services | 11-13-2025 |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119699 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.30

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.30**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Mapped ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | XXXX | 4350119611 |  | XXXX | Borrower 1 Last Name | XXXX | XXXX | Verified |
| XXXX | XXXX | 4350119613 |  | XXXX | Borrower 1 Last Name | XXXX | XXXX | The audit finds the borrower's name as XXXX - XXXX, PROTECTED SERIES, XXXX. |
| XXXX | XXXX | 4350119614 |  | XXXX | Borrower 1 Last Name | XXXX | XXXX | The audit finds the borrower to be XXXX - XXXX , Protected Series, XXXX. |
| XXXX | XXXX | 4350119615 |  | XXXX | Borrower 1 Last Name | XXXX | XXXX | Per Note, Security Agreement, and transfer deed vesting subject property in the name of XXXX |
| XXXX | XXXX | 4350119619 |  | XXXX | Qualifying CLTV | XXXX | XXXX | Verified with appraisal/sales contract |
| XXXX | XXXX | 4350119619 |  | XXXX | Qualifying LTV | XXXX | XXXX | Verified with appraisal/sales contract |
| XXXX | XXXX | 4350119619 |  | XXXX | Qualifying FICO | XXXX | XXXX | Verified with credit report |
| XXXX | XXXX | 4350119620 |  | XXXX | Borrower 1 Last Name | XXXX | XXXX | The audit finds the note and mortgage reflect borrower as XXXX. and XXXX is Director, President, Treasure, Secretary, Shareholder and Authorized Signatory. |
| XXXX | XXXX | 4350119620 |  | XXXX | Calculated DSCR | XXXX | XXXX | Based on PITI of $XXXX and rental income of $XXXX. |
| XXXX | XXXX | 4350119621 |  | XXXX | Borrower 1 Last Name | XXXX | XXXX | Borrowers last name is correct |
| XXXX | XXXX | 4350119622 |  | XXXX | Borrower 1 Last Name | XXXX | XXXX | Note and mortgage reflect borrower as XXXX with managing members of XXXX and XXXX. |
| XXXX | XXXX | 4350119622 |  | XXXX | Qualifying FICO | XXXX | XXXX | The audit finds B1's middle credit score to be XXXX and B2's middle credit score to be XXXX. |
| XXXX | XXXX | 4350119622 |  | XXXX | Calculated DSCR | XXXX | XXXX | Based on PITI of $XXXX and rental income of $XXXX. |
| XXXX | XXXX | 4350119623 |  | XXXX | Borrower 1 Last Name | XXXX | XXXX | Vesting is XXXX. Subject is the last name of the individual guarantor. |
| XXXX | XXXX | 4350119626 |  | XXXX | Property Zip Code | XXXX | XXXX | Per Note, supported by title commitment and 1004 appraisal report |
| XXXX | XXXX | 4350119627 |  | XXXX | Qualifying FICO | XXXX | XXXX | Verified with credit report |
| XXXX | XXXX | 4350119628 |  | XXXX | Borrower 1 Last Name | XXXX | XXXX | B1's last name is XXXX. The LLC is XXXX |
| XXXX | XXXX | 4350119628 |  | XXXX | Property Zip Code | XXXX | XXXX | Note reflects zip code of XXXX. |
| XXXX | XXXX | 4350119706 |  |  | Underwriting Guideline Version Date | XXXX | XXXX | verified with guidelines in file |
| XXXX | XXXX | 4350119707 |  |  | Borrower 1 Entity Type | XXXX | XXXX | Verified via source documents |
| XXXX | XXXX | 4350119707 |  |  | Underwriting Guideline Version Date | XXXX | XXXX | Used the guidelines indicated on the 1008 |
| XXXX | XXXX | 4350119708 |  |  | Borrower 1 FTHB | XXXX | XXXX | Per the source documents |
| XXXX | XXXX | 4350119708 |  |  | Underwriting Guideline Version Date | XXXX | XXXX | Per the source documents |
| XXXX | XXXX | 4350119709 |  |  | Underwriting Guideline Version Date | XXXX | XXXX | Per final Loan Estimate, lock date was XXXX, and the most recent guideline revision issued prior to the lock date available was XXXX |
| XXXX | XXXX | 4350119670 |  |  | Final Reviewed QM Status | XXXX | XXXX | Investment purchase is exempt from TRID testing. |
| XXXX | XXXX | 4350119670 |  |  | Reviewed Total Debt Income Ratio | XXXX | XXXX | Per source documents |
| XXXX | XXXX | 4350119636 |  |  | Property Type | XXXX | XXXX | Verified with appraisal |
| XXXX | XXXX | 4350119671 |  | XXXX | Application Date | XXXX | XXXX | Per initial loan application, Section 9 |
| XXXX | XXXX | 4350119672 |  |  | Final Reviewed QM Status | XXXX | XXXX | Verified via source documents |
| XXXX | XXXX | 4350119672 |  |  | Reviewed Total Debt Income Ratio | XXXX | XXXX | Variance due to income: Guidelines require the most recent 12 or 24 month income for the P&L program, when year to date XXXX income provided reflected 10 months of income. Used 12 months of year to date XXXX income to calculate |
| XXXX | XXXX | 4350119674 |  |  | Verified Doc Type | XXXX | XXXX | P&L. |
| XXXX | XXXX | 4350119639 |  |  | Borrower 1 Qualifying Income | XXXX | XXXX | DSCR no income |
| XXXX | XXXX | 4350119640 |  |  | Borrower 1 Qualifying Income | XXXX | XXXX | DSCR LOAN NO INCOME |
| XXXX | XXXX | 4350119641 |  |  | Borrower 1 Qualifying Income | XXXX | XXXX | No income DSCR loan |
| XXXX | XXXX | 4350119641 |  |  | Calculated DSCR | XXXX | XXXX | 1007 RENT XXXX/XXXX =1.419 |
| XXXX | XXXX | 4350119644 |  |  | Borrower 1 Qualifying Income | XXXX | XXXX | DSCR |
| XXXX | XXXX | 4350119646 |  |  | Borrower 1 Qualifying Income | XXXX | XXXX | DSCR no income verified |
| XXXX | XXXX | 4350119646 |  |  | Calculated DSCR | XXXX | XXXX | Verified and matches final lender approval |
| XXXX | XXXX | 4350119647 |  |  | Property Type | XXXX | XXXX | Property type is correct per appraisal |
| XXXX | XXXX | 4350119647 |  |  | Borrower 1 Citizen | XXXX | XXXX | Citizenship is correct per documentation |
| XXXX | XXXX | 4350119647 |  |  | Borrower 1 Qualifying Income | XXXX | XXXX | No income is being used for transaction |
| XXXX | XXXX | 4350119649 |  |  | Property Type | XXXX | XXXX | PUD |
| XXXX | XXXX | 4350119649 |  |  | Borrower 1 Citizen | XXXX | XXXX | US CITIZEN |
| XXXX | XXXX | 4350119649 |  |  | Borrower 1 Qualifying Income | XXXX | XXXX | NO INCOME DSCR |
| XXXX | XXXX | 4350119675 |  |  | Final Reviewed QM Status | XXXX | XXXX | Verified via source documents |
| XXXX | XXXX | 4350119655 |  |  | Borrower 1 Citizen | XXXX | XXXX | formatting |
| XXXX | XXXX | 4350119658 |  |  | Is the Condo Project warrantable | XXXX | XXXX | Per Loan approval and condominium questionnaire - 57.5% of units owned by developer . |
| XXXX | XXXX | 4350119660 |  |  | Property Type | XXXX | XXXX | Appraisal states property is "attached". |
| XXXX | XXXX | 4350119660 |  |  | Calculated DSCR | XXXX | XXXX | Unable to go back to Tab |
| XXXX | XXXX | 4350119662 |  |  | Borrower 1 Self-Employment Flag | XXXX | XXXX | Per loan application |
| XXXX | XXXX | 4350119663 |  |  | Borrower 1 Citizen | XXXX | XXXX | Citizenship is correct and verified using ID docs |
| XXXX | XXXX | 4350119663 |  |  | Borrower 1 Qualifying Income | XXXX | XXXX | No income is being used |
| XXXX | XXXX | 4350119663 |  |  | Calculated DSCR | XXXX | XXXX | DSCR calc matches lenders loan approval |
| XXXX | XXXX | 4350119664 |  |  | Borrower 1 Qualifying Income | XXXX | XXXX | DSCR. |
| XXXX | XXXX | 4350119668 |  |  | Borrower 1 Citizen | XXXX | XXXX | Verified with 1003 |
| XXXX | XXXX | 4350119689 |  |  | Verified Doc Type | XXXX | XXXX | Audit DSCR |
| XXXX | XXXX | 4350119689 |  |  | Final Reviewed QM Status | XXXX | XXXX | DSCR |
| XXXX | XXXX | 4350119690 |  |  | Final Reviewed QM Status | XXXX | XXXX | Per source documents |
| XXXX | XXXX | 4350119669 |  |  | Property Type | XXXX | XXXX | Property type verified by appraisal |
| XXXX | XXXX | 4350119703 |  |  | Verified Doc Type | XXXX | XXXX | Per loan application, $XXXX income source is asset depletion. |
| XXXX | XXXX | 4350119703 |  |  | Qualifying Total Debt Income Ratio | XXXX | XXXX | Per documentation in file. Variance due to monthly PITIA calculations on all rental properties. |
| XXXX | XXXX | 4350119704 |  |  | Primary Appraised Property Value | XXXX | XXXX | Verified with appraisal |
| XXXX | XXXX | 4350119704 |  |  | Qualifying Total Debt Income Ratio | XXXX | XXXX | Verified with approval |
| XXXX | XXXX | 4350119705 |  |  | Property Type | XXXX | XXXX | verified, per the appraisal provided |
| XXXX | XXXX | 4350119705 |  |  | Qualifying Total Debt Income Ratio | XXXX | XXXX | Verified, rounding |
| XXXX | XXXX | 4350119716 |  | XXXX | Qualifying FICO | XXXX | XXXX | Per XXXX credit reports provided, lower of mid-credit scores utilized. |
| XXXX | XXXX | 4350119716 |  | XXXX | Calculated DSCR | XXXX | XXXX | Originator worksheet not provided, but meets minimum guideline requirement |
| XXXX | XXXX | 4350119718 |  | XXXX | Property Type | XXXX | XXXX | per appraisal and HOA fee |
| XXXX | XXXX | 4350119721 |  |  | Property Type | XXXX | XXXX | Per appraisal not a SFR property |
| XXXX | XXXX | 4350119721 |  |  | Calculated DSCR | XXXX | XXXX | Verified with market rent and PITI |
| XXXX | XXXX | 4350119722 |  |  | Verified Doc Type | XXXX | XXXX | Verified |
| XXXX | XXXX | 4350119723 |  |  | Calculated DSCR | XXXX | XXXX | Verified via source documents |
| XXXX | XXXX | 4350119724 |  |  | Qualifying LTV | XXXX | XXXX | Verified via source documents |
| XXXX | XXXX | 4350119724 |  |  | Qualifying CLTV | XXXX | XXXX | Verified via source documents |
| XXXX | XXXX | 4350119724 |  |  | Verified Doc Type | XXXX | XXXX | Verified via source documents |
| XXXX | XXXX | 4350119724 |  |  | Qualifying Total Debt Income Ratio | XXXX | XXXX | Verified via source documents |
| XXXX | XXXX | 4350119726 |  |  | Property Type | XXXX | XXXX | Verified via source documents |
| XXXX | XXXX | 4350119727 |  |  | Verified Doc Type | XXXX | XXXX | Per approval, loan was approved using 12 monts business bank statements |
| XXXX | XXXX | 4350119727 |  |  | B1 Verified Citizenship Designation | XXXX | XXXX | Per approval, borrower is a foreign national. |
| XXXX | XXXX | 4350119634 | XXXX |  | Qualifying FICO | XXXX | XXXX | cbr scores XXXX/XXXX/XXXX |
| XXXX | XXXX | 4350119629 | XXXX |  | Loan Type | XXXX | XXXX | Verified via source documents |
| XXXX | XXXX | 4350119629 | XXXX |  | Qualifying Total Reserves Number of Months | XXXX | XXXX | Verified via source documents |
| XXXX | XXXX | 4350119693 | XXXX |  | Qualifying Total Reserves Number of Months | XXXX | XXXX | Assets listed on Lauren's final 1003, belong to XXXX and XXXX. There is no documentation in the file that states any of the borrowers have ownership of these accounts. without the accounts, borrowers do not have enough funds to close. Originator to provide bank statements that show ownership of the XXXX accounts ending in XXXX,XXXX,XXXX, and XXXX. |
| XXXX | XXXX | 4350119678 | XXXX |  | Qualifying CLTV | XXXX | XXXX | Based on the loan amount and prior listing price. |
| XXXX | XXXX | 4350119678 | XXXX |  | Qualifying LTV | XXXX | XXXX | Based on the loan amount and prior listing price. |
| XXXX | XXXX | 4350119678 | XXXX |  | Loan Type | XXXX | XXXX | DSCR |
| XXXX | XXXX | 4350119678 | XXXX |  | Loan Amount | XXXX | XXXX | Verified with Note |
| XXXX | XXXX | 4350119678 | XXXX |  | Qualifying Total Reserves Number of Months | XXXX | XXXX | Based on file documentation and cash out |
| XXXX | XXXX | 4350119678 | XXXX |  | Cash out Include Debt Paid at Close | XXXX | XXXX | Verified with final CD |
| XXXX | XXXX | 4350119630 | XXXX |  | Number of Units | XXXX | XXXX | Subject is a 3 unit property. |
| XXXX | XXXX | 4350119630 | XXXX |  | Loan Type | XXXX | XXXX | Loan is a DSCR loan |
| XXXX | XXXX | 4350119630 | XXXX |  | Interest Rate | XXXX | XXXX | Per note the rate is 7.125%. |
| XXXX | XXXX | 4350119630 | XXXX |  | Amortization Term | XXXX | XXXX | Loan maturity date is XXXX. |
| XXXX | XXXX | 4350119630 | XXXX |  | Interest Only Flag | XXXX | XXXX | Loan has a 10 year Interest Only period. |
| XXXX | XXXX | 4350119694 | XXXX |  | Loan Type | XXXX | XXXX | Per 1008 |
| XXXX | XXXX | 4350119685 | XXXX |  | Borrower 3 First Name | XXXX | XXXX | B3 First name is SVETLIN. |
| XXXX | XXXX | 4350119685 | XXXX |  | Occupancy | XXXX | XXXX | Borrowers 1 and 2 will occupy the property as a primary residence. |
| XXXX | XXXX | 4350119685 | XXXX |  | Borrower 2 First Name | XXXX | XXXX | B2 First name is XXXX. |
| XXXX | XXXX | 4350119685 | XXXX |  | Borrower 1 First Name | XXXX | XXXX | B1 First name is XXXX. |
| XXXX | XXXX | 4350119685 | XXXX |  | Interest Rate | XXXX | XXXX | Audit finds, based on Note, that the interest rate is 6.75%. |
| XXXX | XXXX | 4350119685 | XXXX |  | Qualifying Total Reserves Number of Months | XXXX | XXXX | The audit confirms XXXX months reserves. |
| XXXX | XXXX | 4350119696 | XXXX |  | Interest Rate | XXXX | XXXX | Per Note |
| XXXX | XXXX | 4350119702 | XXXX |  | Loan Type | XXXX | XXXX | The audit confirms that the loan was originated using the DSCR Investor Solutions 1–30 Year Fixed program. |
| XXXX | XXXX | 4350119702 | XXXX |  | Property Zip Code | XXXX | XXXX | The audit confirms, based on the Note, that the property zip code is XXXX. |
| XXXX | XXXX | 4350119702 | XXXX |  | Qualifying FICO | XXXX | XXXX | The audit confirms the middle score from the credit report is XXXX. |
| XXXX | XXXX | 4350119702 | XXXX |  | Qualifying Total Reserves Number of Months | XXXX | XXXX | The audit confirms XXXX months reserves. |
| XXXX | XXXX | 4350119714 | XXXX |  | Qualifying Total Reserves Number of Months | XXXX | XXXX | verified with asset statements in file |
| XXXX | XXXX | 4350119691 | XXXX |  | Qualifying FICO | XXXX | XXXX | CBR PROVIDED SHOW MID SCORE OF XXXX |
| XXXX | XXXX | 4350119701 | XXXX |  | Borrower 1 Last Name | XXXX | XXXX | XXXX is the 1st guarantor's last name; XXXX is the title vesting. |
| XXXX | XXXX | 4350119701 | XXXX |  | Loan Type | XXXX | XXXX | Subject is DSCR |
| XXXX | XXXX | 4350119701 | XXXX |  | Borrower 1 First Name | XXXX | XXXX | Guarantor 1 is XXXX - tape is the Biz Entity |
| XXXX | XXXX | 4350119701 | XXXX |  | Borrower 2 Last Name | XXXX | XXXX | XXXX is B2/2nd guarantor's last name; XXXX is B1's last name. |
| XXXX | XXXX | 4350119701 | XXXX |  | Interest Rate | XXXX | XXXX | I/R per the note is 7.250% |
| XXXX | XXXX | 4350119701 | XXXX |  | Borrower 2 First Name | XXXX | XXXX | XXXX is the2nd guarantor's last name; XXXX is the 1st guarantor's lfirst name |
| XXXX | XXXX | 4350119701 | XXXX |  | Qualifying Total Reserves Number of Months | XXXX | XXXX | Per final CD. |
| XXXX | XXXX | 4350119637 | XXXX |  | Loan Type | XXXX | XXXX | Verified via source documents |
| XXXX | XXXX | 4350119637 | XXXX |  | Qualifying Total Reserves Number of Months | XXXX | XXXX | Verified via source documents |
| XXXX | XXXX | 4350119695 | XXXX |  | Loan Type | XXXX | XXXX | Verified |
| XXXX | XXXX | 4350119695 | XXXX |  | Interest Rate | XXXX | XXXX | Verified |
| XXXX | XXXX | 4350119695 | XXXX |  | Qualifying Total Reserves Number of Months | XXXX | XXXX | Verified |
| XXXX | XXXX | 4350119695 | XXXX |  | Originator DSCR | XXXX | XXXX | Verified via source documents |
| XXXX | XXXX | 4350119665 | XXXX |  | Loan Type | XXXX | XXXX | Verified via source documents |
| XXXX | XXXX | 4350119665 | XXXX |  | Qualifying Total Reserves Number of Months | XXXX | XXXX | Verified via source documents |
| XXXX | XXXX | 4350119665 | XXXX |  | Originator DSCR | XXXX | XXXX | Verified via source documents |
| XXXX | XXXX | 4350119698 | XXXX |  | Borrower 1 Last Name | XXXX | XXXX | Per source documents |
| XXXX | XXXX | 4350119698 | XXXX |  | Qualifying CLTV | XXXX | XXXX | Per source documents |
| XXXX | XXXX | 4350119698 | XXXX |  | Qualifying LTV | XXXX | XXXX | Per source documents |
| XXXX | XXXX | 4350119698 | XXXX |  | Qualifying Total Reserves Number of Months | XXXX | XXXX | Per source documents |
| XXXX | XXXX | 4350119700 | XXXX |  | Interest Rate | XXXX | XXXX | Per Note |
| XXXX | XXXX | 4350119700 | XXXX |  | Qualifying Total Reserves Number of Months | XXXX | XXXX | Per 1008, within tolerance |
| XXXX | XXXX | 4350119692 | XXXX |  | Qualifying Total Reserves Number of Months | XXXX | XXXX | Sufficient assets verified to support funds to close and reserve requirements |
| XXXX | XXXX | 4350119679 | XXXX |  | Qualifying Total Reserves Number of Months | XXXX | XXXX | Assets verified in file. |
| XXXX | XXXX | 4350119712 | XXXX |  | Loan Type | XXXX | XXXX | Per Loan Approval |
| XXXX | XXXX | 4350119712 | XXXX |  | Interest Rate | XXXX | XXXX | Per Note rate is 8.625 |
| XXXX | XXXX | 4350119683 | XXXX |  | Interest Rate | XXXX | XXXX | Actual rate reported on NOte. |
| XXXX | XXXX | 4350119631 | XXXX |  | Qualifying LTV | XXXX | XXXX | LTV is 75% |
| XXXX | XXXX | 4350119631 | XXXX |  | Qualifying CLTV | XXXX | XXXX | CLTV is 75% |
| XXXX | XXXX | 4350119631 | XXXX |  | Cash out Include Debt Paid at Close | XXXX | XXXX | Closing Disclosure is not required. Added relevant figures from the settlement statement |
| XXXX | XXXX | 4350119631 | XXXX |  | Qualifying Total Reserves Number of Months | XXXX | XXXX | Required reserves per policy is 3. Used cash out funds of $XXXX to cover reserves. $XXXX/$XXXX=5.14 |
| XXXX | XXXX | 4350119719 |  | XXXX | Qualifying FICO | XXXX | XXXX | Verified per CBR |
| XXXX | XXXX | 4350119713 | XXXX |  | Qualifying FICO | XXXX | XXXX | verified with credit report |
| XXXX | XXXX | 4350119713 | XXXX |  | Qualifying Total Reserves Number of Months | XXXX | XXXX | asset statement not provided. finding added |
| XXXX | XXXX | 4350119699 | XXXX |  | Loan Type | XXXX | XXXX | DSCR |
| XXXX | XXXX | 4350119699 | XXXX |  | Originator DSCR | XXXX | XXXX | RENT $XXXX/PITIA $XXXX=1.314 DSCR |

---

## Exhibit 99.31

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.31**

![](ex9931001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;COLT 2026-2<br>Lone Star Residential Acquisitions, LLC.<br>Opus Capital Markets Consultants, LLC<br>

5718 Westheimer Road, Suite 1000 \| Houston, TX 77057 \| <u>www.opuscmc.com</u> \| 224.632.1300

**Executive Narrative**

**February 19, 2026**

**Performed by** 

**Opus Capital Markets Consultants, LLC**

The report summarizes the results of a due diligence review performed on a pool of 28 loans, of which were purchased by Lone Star Residential Acquisitions, LLC. ("Customer") from an originator (the "Originator") who is a client of Opus Capital Markets Consultants, LLC ("Consultant") under a reliance letter, and for which the Originator provided Consultant with a data tape, from which, in each case, 100% of the loan population was chosen and loaded into the LauraMac underwriting software. Consultant performed a detailed compliance and credit review of all loans.

As detailed herein, the pool contains seven (7) Non-QM loans and twenty-one (21) ATR/QM Exempt loans, of which nineteen (19) are DSCR loans and two (2) are Business Purpose loans. All loans were re-underwritten in accordance with the lender guidelines in terms of Exhibit A.

<u>EXHIBIT A</u>

**Credit Review**

**Credit Qualification**

A re-underwriting review will be conducted in order to verify that the requisite underwriting guidelines as specified by Client are met. Confirmation of the loan terms will be performed through recalculation and review of documentation contained in the loan file provided to the Consultant. The Credit Qualification review will consist of the following:

&nbsp;&nbsp;&nbsp;&nbsp;a) **Guidelines:** Determine whether each mortgage loan meets the requisite guideline requirements as
 specified by the Client. In lieu of specific requirements, Consultant should consider
 Regulation Z including Appendix Q if applicable. If the loan pre-dates the requirements
 of Regulation Z and Appendix Q, Consultant will consider Fannie Mae's Single-Family
 guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;b) **Employment:** Review the file documentation for minimum required level of employment, income and
 asset verifications pursuant to Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;c) **Income:** Recalculate borrower(s) monthly gross income and verify calculations of income as
 used by the original loan underwriter at origination to determine compliance with the
 Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;d) **Assets:** Confirm the presence of adequate asset documentation to comply with the Client provided
 underwriting guideline requirements for closing funds, reserves and borrower liquidity.

&nbsp;&nbsp;&nbsp;&nbsp;e) **Debt Ratio:** Recalculate the debt-to-income ratio and verify the ratio accuracy used by
 the loan underwriter at origination to determine compliance with Client provided underwriting
 guidelines and regulatory requirements.

&nbsp;&nbsp;&nbsp;&nbsp;f) **Property Valuation:** Analyze all appraisals and alternative value tools used to qualify the
 loan for integrity of comparable sales, completeness of data, eligibility of the appraiser
 and reasonableness of estimated value. Review the appraisal to determine the appraisal(s)
 meet the requirements of Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;g) **Loan-to-Value Ratio:** Recalculate and verify the loan-to-value ratio and combined loan-to-value ratio were accurate at

origination and meet Client provided underwriting guideline and regulatory requirements.

&nbsp;&nbsp;&nbsp;&nbsp;h) **Credit History:** Review the credit report to verify that the borrower(s) demonstrate adequate
 credit depth to comply with the Client provided underwriting guideline requirements.

&nbsp;&nbsp;&nbsp;&nbsp;i) **Credit Scores**: Verify that borrower(s) meet minimum credit score requirements of the Client
 provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;j) **Compensating Factors:** Verify exceptions to the Client provided underwriting guidelines are documented
 and reasonable.

**Document Review**

**Document Review** 

A review of each loan file will be performed to confirm the presence of material documentation as applicable to the specifics of the loan transaction. The Document Review will consist of the following:<br>

**a) Collateral Docs**

● Title Commitment / Policy: Verify the presence of the title commitment or final title policy. Confirm vested parties and the description of the property, liens and tax assessments.

● Mortgage Note / Security Instrument: Verify the presence of the mortgage note or security instrument. Confirm that the document has been executed by all borrowers and that all riders, addendums and endorsement are present and duly executed.

● Mortgage / Deed of Trust: Verify the presence of a copy Mortgage or Deed of Trust. Confirm that the documents have been executed by all required parties and that all riders, addendums and exhibits are present and duly executed. If the loan closed within 12 months of the review, Consultant will confirm the presence of a letter from the title company specifying the date the Mortgage / Deed Trust was sent for recording. If the closing did not occur within 12 months of the review and a copy of the recorded Mortgage /Deed of Trust is not contained in the loan file, the Client will submit a report from an independent document custodian verifying the presence of a recoded mortgage or a stamped / signed copy of the document stating the date the document was sent for recording.

● Conveyance Deed: Verify as applicable that a proper conveyance deed is present in the loan file. Confirm the proper transfer of ownership interest of the subject parties is detailed on the deed.

**b) Closing Docs**

● Final Hud-1 Settlement Statement: If required, verify the presence of a final HUD-1. Verify the completeness of required data and signatures or certification depending upon state compliance requirements.

● Final Truth-in-Lending Disclosure: If required, verify the presence of a final Truth-in-Lending Disclosure. Verify the completeness of required data and that all required signatures are present.

● Notice of Right to Cancel: If required based on the specifics of the loan transaction, confirm the presence and required execution of the Notice of Right to Cancel.

● Loan Estimate: If required verify the presence of the current Loan Estimate (LE) at the time of origination

● Closing Disclosure: If required verify the presence of the current Closing Disclosure (CD) at the time of origination.<br>

**c) Credit Docs**

● Loan Application: Verify the presence and completeness of both the initial and final loan applications.

● Underwriting Worksheet: Verify the presence of the relative underwriting worksheet i.e. form 1008, FHA MCAW and VA's Loan Analysis.

● Credit Report: Verify the presence of a credit report for each borrower. Confirm that the credit report was pulled within the timing requirements allowable per the Client provided underwriting guidelines.

● Housing Payment History: In the absence of housing payment histories on the borrower(s) credit report(s), verify that that the file contains a verification of rent or a verification of mortgage form.

● Letters of Explanation: When Letters of Explanation are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Gift Letters: When Gift Letters are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Income Documentation: Verify the presence of income and employment related documentation required by the Client provided underwriting guidelines for all borrowing parties contributing income to the debt ratio calculation.

● Asset Documentation: Verify the presence of asset documentation required by the Client provided underwriting guidelines in the loan file.

● Property Valuation Tools: Verify that each loan file contains adequate appraisal and other third party valuation tools to satisfy the minimum required documentation under the relative Client provided underwriting guidelines.

● Proof of Insurance: Verify the presence of insurance certificates for mortgage, hazard and flood insurance on an as needed basis depending upon the specifics of the loan. Confirm that adequate coverage is present to meet the requirements of the Client provided underwriting guidelines.

**Regulatory Compliance**

For each Mortgage Loan, Consultant shall determine, to the extent possible and subject to caveats below, whether such Mortgage Loan at the time of origination complied with:

1. The
 "material"<sup>1</sup> disclosure requirements of the federal Truth-in-Lending
 Act ("TILA"), as amended by the Home Ownership and Equity Protection Act
 ("HOEPA") and Dodd-Frank, 15 U.S.C. § 1601 *et seq.* and implemented
 by Regulation Z, 12 C.F.R. Part 1026, including the material provisions relating to Higher-Priced
 Mortgage Loans in Regulation Z, 12 C.F.R. §§ 1026.35, and the early TIL disclosure
 provisions of the Mortgage Disclosure Improvement Act ("MDIA"), as implemented
 by Regulation Z, 12 C.F.R. §§ 1026.17 et seq; and as amended by the TILA-RESPA
 Integrated Disclosure ("TRID") Rule, TRID will be reviewed in accordance
 with the SFA TRID Grid 4.0, as amended from time to time, as set forth below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. For
 Right of Rescission

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A
 review of the Notice of Right to Cancel, including a verification of the transaction
 date and expiration date, ensuring proper execution of the Notice of Right to Cancel
 by all required parties, verifying the disbursement date and determining if a full three
 (3) day rescission period was adequately provided to the borrower(s).

<sup>1</sup> These "material" disclosures include the required disclosures of the APR, the finance charge, the amount financed, the total number of payments, the payment schedule, *and* if the loan is subject to the Homeownership and Equity Protection Act ("HOEPA"), the disclosure requirements and prohibitions of that statute which are set forth in 12 C.F.R. §§ 1026.32(c) and (d).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. This
 review is also to be performed on transactions that are exempt from the rescission requirement
 but on which a Notice of Right to Cancel was provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. A
 condition must be placed if the transaction is a refinance by the original creditor and
 the borrower was provided the Form H-8 rescission notice. Consultant will note in the
 condition whether there was a new advance that is subject to rescission per TILA/Regulation
 Z.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. For
 TILs (Application Dates prior to 10/3/2015)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm the initial TIL disclosure and final TIL disclosures were provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Review and compare the initial and final TIL, and any re-disclosed TIL(s), with a report outlining any TILA violations, including a recalculation of disclosed finance charge, proper execution by all required parties, principal and interest calculations, proper completion of the interest rate and payment summary, recalculation of disclosed APR, and a review to determine disclosure differences were within the allowed tolerances and disclosures were provided within the required timeframes;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. For
 TRID Disclosures (Application Dates on or after 10/3/2015)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm the initial Loan Estimate (LE) was delivered within three (3) business days of application and seven (7) business days prior to consummation in accordance with Client's Underwriting Guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Review the required sections of each LE to ensure they were populated in accordance with the TRID Rules. (If the file reflects more than one LE was provided, each revised LE must have corresponding Change of Circumstance documentation. The 0% and 10% fee tolerance evaluations will be based on the fee amounts disclosed on the initial LE and any valid changes documented and disclosed after the initial LE;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Confirm the Closing Disclosure (CD) confirm the borrower received the initial CD at least three (3) business days prior to consummation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; iv. Review the required sections of each CD to ensure they were populated in accordance with the TRID Rules. (Any fee tolerance issues to be cured at closing or within 60 days of loan consummation.)

2. Section
 4 of the Real Estate Settlement Procedures Act ("RESPA"), 12 U.S.C. §2603
 and 2604, as implemented by Regulation X, 12 C.F.R. Part 1024, and as amended by the
 TRID Rule; TRID will be reviewed in accordance with the SFA TRID Grid 4.0, as amended
 from time to time.

3. The
 disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas
 Constitution;

4. Confirmation
 that one of the following are in the loan file, per the Fair Credit Reporting Act: Consumer
 Credit Score Disclosure, Your Credit Score and the Price You Pay for Credit, or Notice
 to Home Loan Applicant;

5. Sections
 1411 and 1412 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank")
 amending TILA, as implemented by Regulation Z, 12 C.F.R. 1026.43: the general Ability
 to Repay underwriting standards (12 C.F.R. 1026.43(c)); refinancing of non-standard mortgages
 (12 C.F.R. 1026.43(d)); Qualified Mortgages (12 C.F.R. 1026.43(e) (including qualified
 mortgages as defined by the Department of Housing and Urban Development (24 C.F.R. 201
 and 203 et seq.) and the Department of Veterans Affairs (38 C.F.R. Part 36 et seq.; and
 Balloon-payment qualified mortgages made by certain creditors (12 C.F.R. 1026.43(f))
 In accordance with "Ability to Repay and Qualified Mortgage Review" description
 below;

6. The
 Loan Originator Compensation and Prohibitions on Steering provisions of TILA, as implemented
 by Regulation Z, 12 C.F.R 1026.36;

7. The
 requirements for Higher-Price Mortgage Loans, as implemented by Regulation Z, 12 C.F.R.
 1026.35;<br>

8. The
 appraisal and valuation requirements of TILA and the Equal Credit Opportunity Act, as
 implemented by Regulation Z, 12 C.F.R. 1026.35 and Regulation B, 12 C.F.R. 1002.14, respectively;

9. The
 counseling requirements of TILA, as implemented by Regulation Z, 12 C.F.R. 1026.36(k)
 and RESPA, as implemented by Regulation X, 12 C.F.R. 1024.20;

10. The
 escrow requirements of TILA and RESPA, as implemented by Regulation Z, 12 C.F.R 1026.35,
 and Regulation X, 12 C.F.R 1024.17, respectively;

11. The
 disclosure requirements and prohibitions of any applicable state, county and municipal
 laws and ordinances, as amended, that have been enacted to regulate so-called "predatory
 lending":

12. Consultant
 shall confirm that any mortgage property located in an area identified on a flood hazard
 map or flood insurance rate map issued by the Federal Emergency Management Agency as
 having special flood hazards is subject to a qualified flood insurance policy that appears
 to be is in effect.

13. For
 any loans designated as TILA exemption, Consultant shall review the loan file for evidence
 that the primary purpose of the loan was for commercial or business purposes, including,
 but not limited to a business purpose certification.

14. Documentation.
 Review of the following documents for regulatory compliance:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Final
 HUD-1 Settlement Statement ("HUD-1"), if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If
 the loan is in an escrow state, the HUD-1 will be considered final as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. HUD-1
 is marked Final;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If
 HUD-1 is not marked Final, it must be stamped certified by the closing agent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. There
 should be no markings indicating that the HUD-1 is estimated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. HUD-1
 is signed by all parties (including closing agent) or stamped certified by the closing
 agent; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. If
 HUD-1 is stamped, the HUD-1 / stamp should be signed or initialed by the closing agent;
 if the stamp does not contain the signature or initials, it must identify the name of
 the closing agent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Final
 Truth in Lending Disclosure ("TIL"), if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Loan
 Estimate, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 Loan Estimate in will be considered delivered based on the date issued, subject to the
 three-day mailing rule unless the file contains documentation indicating earlier receipt.
 The loan file may contain one or more Loan Estimates with the latest one provided up
 until three business days prior to the issuance of an initial Closing Disclosure.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Closing
 Disclosure, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 Closing Disclosure in the loan file will be considered delivered based on the date issued,
 subject to the three-day mailing rule unless the file contains documentation indicating
 earlier receipt. The loan file may contain one or more Closing Disclosures with the latest
 one provided up until the consummation date being considered the Final with any delivered
 post consummation considered as a corrected Closing Disclosure.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Notice
 of Right to Cancel (if applicable)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Initial
 TIL, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Good
 Faith Estimate ("GFE"), if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Note

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Mortgage/Deed
 of Trust

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. FACTA
 disclosures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. Third
 Party Fees

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Third
 party fees on the HUD-1 or Closing Disclosure if applicable referred to as HUD-1/Closing
 Disclosure, must be shown as paid to the third-party provider. A condition must be set
 if a third-party fee is paid to the lender, investor, etc. or the payee is blank.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. CONSULTANT
 will condition for evidence in the file indicating that a charge on the HUD-1/Closing
 Disclosure exceeds the actual cost to the borrower (i.e. cost printed / stamped on the
 face of the document showing an amount less than the charge on the HUD-1/Closing Disclosure).
 Variations of less than $1 are deemed to be within reasonable limits and are not to be
 reported.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Any
 refunds that are provided to the borrower must be accompanied by a revised HUD-1/Closing
 Disclosure to show the final, accurate charges to the borrower.

Each loan reviewed will be assigned a Compliance condition grade in accordance with the Rating Agency Criteria as more fully described in Section 2(f).

Consultant will not make a determination as to whether the loans comply with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated above. Furthermore, the findings reached by Consultant are dependent upon its receipt of complete and accurate data regarding the loans from loan originators and other third parties upon which Consultant is relying in reaching such findings.

**<u>Ability to Repay and Qualified Mortgage Review</u>**

1.  **<u>For Agency Eligible Loans Only</u>** : Consultant reviews applicable loans for compliance
 with the Qualified Mortgage (QM) rule requirements set forth in Regulation Z (12 C.F.R.
 1026.43 et seq.) based upon the loan's designation (Safe Harbor QM,

Rebuttable Presumption QM, Exempt). Consultant determines the loan's status under the QM rule requirements and assigns a due diligence loan designation. Consultant notes as a material exception if the due diligence findings do not confirm the same loan designation. Additionally, Consultant notes if a loan designation was not provided. Consultant will verify if each loan meets the requirements for a QM under § 1026.43(e)(2)—whether the loan is a safe harbor QM under § 1026.43(e)(1)(i) or a rebuttable presumption QM under § 1026.43(e)(1)(ii). Consultant will verify the presence of documentation for lender determination of QM and indicating factors in its ability-to-repay determination, including how the originator applied its policies and procedures in verification. For loans applications taken on or after June 1, 2021, Consultant will verify whether the loan meets the requirements of the revised general QM definition effective March 1, 2021.

2. For
 loans for which applications were received prior to July 1, 2021, if a loan was designated
 as QM and identified as eligible for guarantee, purchase, or insurance by an applicable
 agency as permitted under the QM final rule, Consultant reviews the loan to determine
 whether, based on available information in the loan file the loan satisfied (i), (ii)
 and (iii) in the paragraph (3)(a)(i) below and reviews the Automated Underwriting System
 output within the file to confirm agency eligibility.

3.  **<u>For Non-Agency Eligible Loans</u>** : Consultant reviews applicable loans for compliance
 with the Ability to Repay (ATR) but not Qualified Mortgage (QM) rule requirements set
 forth in Regulation Z (12 C.F.R. 1026.43 et seq.).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>Qualified Mortgage</u>:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. For
 QM (Safe Harbor or HPCT) designated loans, Consultant reviews the loan to determine whether,
 based on available information in the loan file: (i) the loan contains risky loan features
 and terms (e.g. an interest only feature or negative amortization), (ii) the "points
 and fees" exceed the applicable QM threshold, (iii) the monthly payment was calculated
 appropriately. Consultant reviews to the applicable consider and verify requirements
 under the QM rule depending on whether the QM was originated under the original general
 QM definition or the revised general QM definition effective March 1, 2021.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. For
 each QM designated loan that satisfied the applicable requirements enumerated above,
 Consultant then determines whether the loan is a Safe Harbor QM or Higher Priced QM by
 comparing the loan's actual annual percentage rate, as recalculated, to the applicable
 average prime offer rate plus a certain percentage. For QM designated loans originated
 under the revised general QM definition effective March 1, 2021, Consultant also determines
 whether the loan exceeds the pricing thresholds for QM loans.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. <u>Ability to Repay</u>:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 ability to repay portion of the review for non-agency eligible loans only will focus
 on the eight factors detailed in the ATR Rule as detailed below for non-agency eligible
 loans. The Consultant will review the loan file to determine if the creditor verified
 and considered each of the eight factors utilizing reasonably reliable third-party documentation
 at or before consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Current
 or reasonably expected income or assets that the consumer will rely on to repay the loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Current
 employment status

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Monthly
 mortgage payment for subject loan using the introductory or fully indexed rate, whichever
 is higher, and monthly, fully amortizing payments that are substantially equal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Monthly
 payment on any simultaneous loans secured by the subject property.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Monthly
 payments for property taxes and hazard/flood insurance and certain other costs related
 to the property such as homeowner's association fees or ground rent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Debts,
 alimony, and child support obligations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Monthly
 debt-to-income ratio or residual income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Credit
 history

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. For
 loans designated as agency eligible, Consultant will not review for compliance with the
 requirements of Appendix Q or General Ability to Repay.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Consultant
 reviews loans to determine their conformity with the ATR/QM factors above and is not
 rendering an independent assessment or analysis. Consultant's review is based on
 information contained in the loan file at the time it is provided to Consultant, and
 only reflects information as of that point in time and does not mean any regulator, judicial
 or agency will agree with the Consultant's conclusion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**a)** **Regulatory Compliance Disclaimer** 

Please be advised that Consultant will not make a determination as to whether loans complied with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated herein. There can be no assurance that the review uncovered all issues relating to the origination of the mortgage loans, their compliance with applicable law and regulation and the original appraisals relating of the mortgaged properties or uncovered all relevant factors that could affect the future performance of the mortgage loans. Furthermore, the findings reached by Consultant are dependent upon its receiving complete

and accurate data regarding the mortgage loans from loans originators and other third parties upon which Consultant is relying in reaching such findings.<br>

Please be further advised that Consultant does not employ personnel who are licensed to practice law in various jurisdictions, and the findings set forth in the reports prepared by Consultant do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Consultant. All final decisions as to whether to purchase or enter into a transaction related to any individual mortgage loan or the mortgage loans in the aggregate, any investment strategy and any legal conclusions, including potential liability related to the purchase or other transaction involving any such loans, shall be made solely by the Client, or other agreed upon party, that has engaged Consultant to prepare its reports pursuant to its instructions and guidelines. Client, or other agreed upon party, acknowledges and agrees that the scoring models applied by Consultant are designed to identify potential risk and the Client, or other agreed upon party, assumes sole responsibility for determining the suitability of the information for its particular use.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**b)** **Seasoning And Certain Compliance Exceptions** <br>

Pursuant to the applicable NRSRO criteria, Consultant graded certain compliance exceptions as non-material based on seasoning of the mortgage loan. Certain mortgage loans were seasoned beyond the applicable period under TILA in which affirmative claims could be brought by a consumer. The time period is not limited for claims, other than recession, which are raised as a defense to foreclosure. Information contained in any Consultant reports related to the applicable statute of limitations for certain claims may not be accurate or reflect the most recent controlling case law. Further, a particular court in a particular jurisdiction may extend, not enforce or otherwise allow claims beyond the statute of limitations identified in the report based on certain factors, including the facts and circumstances of an individual loan.

**Additional Disclosures and Requirements:**

Consultant will confirm compliance with current documentation and timing requirements in effect at origination of the Mortgage Loan including:

● Servicing Transfer Disclosure (for applications prior to 10/03/2015):

○ Confirm the presence of the Servicing Transfer Disclosure form in file

○ Verify the Servicing Transfer Disclosure was provided to the borrower(s) within three general business days of "Application"

● Special Information Booklet (for applications prior to 10/03/2015)/ Home Loan Tool Kit (for applications on or after 10/03/2015):

○ Confirm the presence of the Home Loan Tool Kit is in file for covered loans.

○ Confirm the Home Loan Tool Kit is provided within three general business days of application

● Affiliated Business Disclosure

○ Confirm the presence of the Affiliated Business Disclosure in file in the event the lender has affiliated business arrangements

○ Confirm the Affiliated Business Disclosure provided within three general business days of "Application" (Consultant reviews for this disclosure to be provided within three general business days, as the lender will typically know at the time of application if borrower(s) will be referred to affiliates for provision of third party services)

○ Confirm the Affiliated Business Disclosure is executed.

● Initial Escrow Disclosure Statement

○ Confirm the presence of the Initial Escrow Disclosure Statement in file

○ Confirm the Initial Escrow Disclosure Statement was provided at closing or within 45 days after settlement

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

● Confirm the lender has provided the borrower a disclosure of the right to receive a copy of appraisals within three (3) business days of application. This disclosure requirement may be met by disclosure on the Loan Estimate pursuant to 12 CFR § 1026.27(m)(1).

● Confirm that the lender has provided (delivered) copies of appraisals and all other written valuations (as disclosed to the borrower on the HUD-1 and/or contained in the Mortgage Loan File) to the borrower at least three (3) business days prior to consummation Opus uses the following test: Was appraisal/valuation documentation processed at least 6 days prior to account opening/ consummation date (3 day rule plus 3 days mailing time)?

● For a borrower that has waived the 3-business day disclosure requirement, confirm that the borrower has either (1) signed the waiver at least three (3) business days prior to consummation or (2) has signed an acknowledgment that the waiver occurred at least three (3) business days prior to consummation. Additionally, confirm that the lender has provided copies of appraisals and other written valuations at or prior to consummation.

**Fair Credit Report Act (Regulation V)**

● Confirm that the lender has provided the borrower the risk-based pricing notice (as required by 12 CFR § 1022.73) or credit score disclosure (as required by 12 CFR § 1022.74(d)), as applicable; (a) If the lender has provided the risk-based pricing notice, confirm the disclosure was provided before consummation, but not earlier than the approval decision was communicated to the consumer; and (b) If the lender has provided the credit score disclosure, confirm the disclosure was provided before consummation.

● Confirm that the lender has provided a copy of the disclosure of credit score and the Notice to Home Loan Applicant (as required by 15 U.S.C. § 1681g) before consummation.

**High-Cost, State & Local Anti-Predatory Regulations**

In addition to federal thresholds, Consultant will review the anti-predatory lending statutes in the following states and local municipalities, as applicable, as well as any additional applicable regulations implemented during the Term of this SOW.<br>

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

● California Anti-Predatory Lending Statute, Cal. Fin. Code § 4970 et seq.

● California Higher-Priced Mortgage Loan Statute, Cal. Fin. Code §4995 et seq.

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

● Connecticut Abusive Home Loan Lending Practices Act, Conn. Stat. Ann. §36a- 746 et seq., as amended from time to time.

● Connecticut Nonprime Home Loans Statute, Conn. Gen. Stat. §§ 36a-760 et seq. (as originally enacted and as amended by Senate Bill 949).

● District of Columbia Home Loan Protection Act, D.C. Official Code § 26-1151.01 et seq., as implemented by 20 D.C. Municipal Reg § 2000.1 et seq.

● Florida Fair Lending Act, Fla. Stat. Ann. § 494.0078 et seq. (for loans closed before July 1, 2014).

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

● Idaho Residential Mortgage Practices Act, Idaho Code § 26-3101 et seq.

● Illinois High Risk Home Loan Regulations, 38 Ill. Admin. Code §345.10 et seq.

● Illinois High Risk Home Loan Act, Public Act. 93-0561 (2003) codified at 815, ILCS §§ 137/5 et seq., and as amended by SB 1692 (2012), effective January 10, 2014.

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

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

● Cook County, Illinois, Anti-Predatory Lending Ordinance, Cook County Code of Ordinances § 34-341.

● Cook County, Illinois, Anti-Predatory Lending Pilot Program, Illinois House Bill 4050 (2005).

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

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

● Kansas Consumer Credit Code

● Kentucky Anti-Predatory Lending Statute, Ky. Rev. Stat. § 360.100 et seq.

● Maine, An Act to Enhance Consumer Protections in Relation to Certain Mortgages (for loans closed prior to September 27, 2011), Me. Rev. Stat. Ann. Tit. 9-A, §§ 8-103(1); 8-206(8);8-206A, as amended by Legislative Documents 1869 (2007), 2125 (2008) and 1439 (2009).

● Maine Consumer Credit Code - Truth-in-Lending, (for loans closed on or after September 27, 2011), Me. Rev. Stat. Ann. tit. 9-A, §§ 8-501 et seq., as amended from time to time.

● Maryland Commercial Law, Md. Code Ann., Com. Law §§ 12-124.1; 12-127; 12- 409.1; 12-1029.

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

● Massachusetts High-Cost Mortgage Regulations, 209 CMR Parts 32 and 40, as amended from time to time.

● Massachusetts Predatory Home Loan Practices Act, M.G.L. Chapter 183C, §§ 1 et seq.

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

● Massachusetts Mortgage Lender and Broker Regulations, 940 CMR §800 (15-17).

● Massachusetts Regulations for Higher Priced Mortgage Loans, 209 CMR §§ 32.00 et.seq., as amended from time to time.

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

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

● Minnesota Mortgage Originator and Service Licensing Act, § 58.137 et seq. (S.F. 2988 (2002)), as amended by House File 1004 (2007) and Senate File 988 (2007).

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

● Nevada Anti-Predatory Lending Law, Assembly Bill No. 284 (2003) and Amended by Assembly Bill No. 440 (2007), codified as NRS § 598D.010 et seq.

● New Jersey Home Ownership Security Act of 2002, NJ Stat. Ann. § C:46:10B-22 et seq., as amended from time to time.

● New Mexico Home Loan Protection Act, Senate Bill 449 (Regular Session 2003), codified at NM Rev. Stat. § 58-21A-1 et seq. and as amended from time to time.

● New York High-Cost Home Loan Regulations, 3 NYCCR Part 41 (2001).

● New York High-Cost Home Loan Act, N.Y. Bank. L. Ch. 626., as codified in NY Bank. Law § 6-l, and as implemented by 3 NYCCR Part 41 as amended from time to time.

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

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

● Ohio Anti-Predatory Lending Statute, HB 386 as amended by Senate Bill 185 (2006), and as codified in various sections of the Ohio Code.

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

● City of Cleveland Heights, Ohio, Anti-Predatory Lending Ordinance, Ordinance No. 72-2003 (PSH), Mun. Code §§ 757.01 et seq.

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

● Oklahoma Anti-Predatory Lending Law, House Bill No. 1574 (2003), as codified in various sections of Title 14A of the Oklahoma Consumer Credit Code.

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

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

● Rhode Island Home Loan Protection Act, R.I. Gen. L. 34-25.1-2 et seq, as implemented by Emergency Banking Regulation 3 (2006) and Final Banking Regulation 3 (2007) and amended by Senate Bill 371 (2007).

● City of Providence, Rhode Island, Anti-Predatory Lending Ordinance, Chapter 2006-33, Ordinance No. 245.

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

● Tennessee Home Loan Protection Act, Tenn. H.R. 3597 (2006), as codified at Tenn. Code Ann. §§ 45-20-101 et seq.

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

● Section 50(a)(6), Article XVI of the Texas Constitution

● Section 50(f)(2), Article XVI of the Texas Constitution

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

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

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

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

● Virginia Mortgage Lender and Broker Act (for loans originated on or after July 1, 2003 to September 30, 2010, as amended), Va. Code Ann. §§ 6.1-411, 6.1-422.1, 6.1-425.1 and 6.1-425.2.

● Virginia Mortgage Lender and Broker Act (for loans originated on or after October 1, 2010), Va. Code Ann. §§ 6.2-1600 et seq., as amended from time to time.

● Virginia Senate Bill 797 (2008), effective July 1, 2008 (uncodified).

● Washington House Bill 2770, Mortgage Lending Ownership

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

● Wisconsin Responsible High-Cost Mortgage Lending Act, Wis. Stat. § 428.202, as implemented by Wis. Admin. Code DFI-Bkg 46.01 et seq.

● Wyoming Credit Code

**Flood Insurance Testing**

**National Flood Insurance Program (NFIP)**

Each mortgage loan will be reviewed to ensure adherence to flood insurance coverage requirements as outlined under the NFIP, including identification of flood zones and subsequent policy documentation for evidence of adequate coverage amounts.

**Homeowner's Flood Affordability Act (HFIAA)**

Each mortgage loan made by an FDIC-supervised institution or servicer acting on its behalf shall require the escrow of all premiums and fess for flood insurance for any designated loan secured by residential improved real estate or a mobile home, made, increased, extended or renewed on or after January 1, 2016.

Frequency – Payable with same frequency as payments designated for the loans

Exceptions

● Loan is an extension of credit primarily for business, commercial or agricultural purposes

● Loan is in a subordinate position to a senior lien secured by the same residential improved real estate or mobile for which the borrower has obtained flood insurance

● Flood Insurance coverage for the residential real estate is provided by a policy that

&nbsp;&nbsp;&nbsp;&nbsp;a. Meets
 requirements

&nbsp;&nbsp;&nbsp;&nbsp;b. Provided
 by a condominium association, cooperative or other applicable group and

&nbsp;&nbsp;&nbsp;&nbsp;c. The
 premium for which is paid by the condominium associate, cooperative, homeowners association,
 or other group as a common expense.

**Misrepresentation and Third-Party Review**

Validate that fraud reports and independent third-party property valuations reports are in the file. The review will consist of the following:<br>

1) Misrepresentation Review and Valuation Review

Review on each loan to identify potential misrepresentations of income, employment, identity, occupancy, transaction and appraisal misrepresentation or other areas of potential misrepresentation. The Misrepresentation may include the following:<br>

● Signatures: Validate signature consistency across documents. To the extent imaged or hard copy files are provided, Consultant will utilize reasonable efforts to validate the consistency of signatures across documents.

● Alerts: Assess credit report alerts for accuracy and potential issues.

● Social Security Numbers: Compare SSN(s) across all file documents.

● Document Integrity: Review for apparent alterations to loan documents. To the extent imaged or hard copy files are provided, Consultant will utilize reasonable review of alterations to the loan documents.

● Data Consistency: Review the documents contained in the loan file for consistency of data.

● Third Party Fraud Tools: To the extent a third party fraud tool is contained in the loan file, the Consultant will ensure high level or critical warnings are reviewed and addressed.<br>

**Independent Third-Party Values**

Review each loan to determine whether a third party valuation product was required and if required, that the third party product value was compared to the original appraised value to identify a value variance and apply the appropriate rating agency grade after reviewing the required valuation products. i) Consultant will perform the following steps.

● Property is complete

● Value is based on as-is condition or provides satisfactory completion of all material conditions including inspections, licenses, and certifications (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities.

● Property is described in average or better condition

● No apparent appraiser independence violation statements

● Appraisal addresses any adverse comments

● Appraisal is completed on appropriate GSE Forms

● Appraisal contains required attachments.

● Appraiser was appropriately licensed at the time the appraisal was signed

If the valuation vendor des not supply the updated valuation product directly to the Consultant, the Client will authorize the valuation vendor to issue an attestation with sufficient information for the Consultant to determine the correct valuation product was utilized to verify the accuracy of the origination appraisal.

Value Review Disclaimer

● The individuals performing the above procedures are not person providing valuations for the purpose of the Uniform Standards of Professional Appraisal Practice ("USPAP") or necessarily licensed as appraiser under Federal or State law, and the services being performed do not constitute appraisal reviews for the purposes of USPAP or Federal or State law.

● Opus makes no representation or warranty as to the value of the mortgaged property, notwithstanding that Opus may have reviewed the valuation information for reasonableness.

● Opus is not an Appraisal Management Company ("AMC") and therefore does not opine on the actual value of the underlying property.

● Opus is not a creditor within the meaning of the Equal Credit Opportunity Act ("ECOA") or other lending laws and regulations, and therefore Opus will not have and communications with or responsibility to any individual concerning property valuations.

**Properties in FEMA declared disaster zones.**

If a FEMA declared disaster occurs after the inspection date on the appraisal, Consultant will review the file to determine if an exterior inspection to ensure:

● No apparent damage to the property

● Property appears to be occupied

**Data Compare**

Client will provide a data tape with the following data fields and Consultant will compare the field to the applicable source document and report any variance<br>

● Appraised Value

● CLTV

● DTI

● FICO

● Interest Only

● Interest Rate

● Loan Term

● Loan Purpose

● LTV

● Occupancy

● Original Balance

● Property Address

● Property City

● Property State

● Property Type

● Sales Price

● Second Mortgage Lien Amount

● Self Employed

● Units

● Zip Code

● Loan Type

● QM Status

**Rating Agency Grading Criteria**

**Fitch Ratings Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Fitch in their current industry publications as updated from time to time.<br>

**Moody's Investor Services Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Moody's in their current industry publications as updated from time to time.<br>

**Kroll Bond Rating Agency LLC Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Kroll in their current industry publications as updated from time to time.<br>

**S&P Global Ratings Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Standard & Poor's in their current industry publications and updated from time to time.<br>

**DBRS Morningstar Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by DBRS in their current industry publications and updated from time to time.

**Opus Grading Criteria**

1) Opus Grading Criteria

Grading shall be provided for each exception, each exception category and holistically for each loan. The following grading is not intended for securitization reviews and Opus will not issue a Rating Agency Narrative, Reliance or Form ABS Due Diligence 15E if Client elects to utilize the following grading criteria. The methodology for the application of grading is defined by Opus and updated from time to time shall be determined as follows:<br>

**Opus Credit Grades**

● Level 1 Credit Grade Definition: Loan was originated in accordance with the mortgage loan originator underwriting guidelines without exception.

● Level 2 Credit Grade Definition: Loan was originated in substantial compliance with the originator's underwriting guidelines and there are sufficient compensating factors for any exceptions.

● Level 3 Credit Grade Definition: Loan was not originated in substantial compliance with the originator's underwriting

guidelines and there are insufficient compensating factors for the exceptions or is missing material documentation.

**Opus Property Grades**

● Level 1 Property Grade Definition: Property value appears to be within 10% of original appraised amount and there are no material deficiencies in the appraisal process.

● Level 2 Property Grade Definition: Property value appears to be within 10% of original appraised amount, but minor issues in the appraisal process were identified.

● Level 3 Property Grade Definition: Property value does not appear to fall within 10% of the original appraised value and/or material deficiencies exist with respect to the appraisal process or the file is missing material documentation.<br>

**Opus Compliance Grades**

● Level 1 Compliance Grade Definition: Loan complies with all applicable laws and regulations reviewed under the applicable scope of work.

● Level 2 Compliance Grade Definition: There are minor issues regarding legal and/or regulatory compliance but such issues do not represent risks to the enforceability of the borrower's obligation under the loan documents and will not result in assignee liability to the investor.

● Level 3 Compliance Grade Definition: Loan is not in compliance with laws and regulations reviewed under the applicable scope of work or the loan is missing material documentation.

**REDACTED INFORMATION**

● Borrower Name

● Co-Borrower Name

● SSNs

● Property Address, City, County, MSA, Zip

● Mailing Address

● Account Number, including Originator and Servicer Loan Number

● Origination Date

● Names of Borrowers or any other Individuals

● Company and Entity Names

● Financial Institution Names

● Job Position Titles

● Any Address

● Any Location Information (other than state), including City, County, MSA and Zip

● Account Numbers of any type

● Insurance Claim Numbers

● Insurance Policy Numbers

● Foreclosure Action dates and Case Numbers

● Bankruptcy Action dates and Case Numbers

● Any reference that would allow the identification of the location of a property (e.g. neighborhood, body of water, schools, major highways)

**DSCR Loan Review**

A re-underwriting review will be conducted in order to verify that the requisite underwriting guidelines as specified by Client (the "<u>Underwriting Guidelines</u>") are met. Confirmation of the loan terms will be performed through recalculation and review of documentation contained in the loan file provided to the Consultant. The Credit Qualification review guidelines will consist of the following:

**Borrower Underwriting:**

● **Borrower Liquidity:** Review and confirm borrower's liquidity position adheres to Underwriting Guidelines.

● **Credit / Background Check:** Review and confirm each guarantor and/or owner of the borrowing entity requirements meet Underwriting Guidelines, including OFAC.

● **Property management questionnaire:** Review the questionnaire to confirm management experience meets Underwriting Guidelines.

● **Borrowing Entity:** Confirm the entity is in good standing and duly formed (if applicable documents are in the file). Verify the individual signing on behalf of the organization has the authority to bind the entity (if applicable documents are in the file).

● **Loan-to-Value (LTV)/Loan-to-Cost (LTC) Limits:** Confirm the LTV/LTC meets Underwriting Guidelines per Underwriting Guidelines.

● **Permitted Loan Terms:** Confirm the loan terms are eligible per the Underwriting Guidelines.

● **Property Requirements and Market Requirements:** Confirm the loan Property and Market Requirements are eligible per the Underwriting Guidelines.

● **DSCR—ensure components of Debt Service Coverage Ratio are identified correctly:** Recalculation of DSCR

**Title Insurance Requirements are met per Guidelines only as follows**

Confirm Loss payee language must be present and required insurance policies and coverage amounts meet the Underwriting Guidelines.

● **Condominium Eligibility:** Confirm Condo Master Policy is present and meets the Underwriting Guidelines

● **Property Insurance:** Confirm each mortgaged property has a policy in place and proper coverage amount in adherence to the Underwriting Guidelines.

● **Preliminary/Commitment Title:** Review and confirm first lien holder position, validate no loan file discrepancies, delinquent taxes, and/or additional liens at time of consummation.

**Credit Document Check**

● Loan Application: Verify the presence and completeness of both the initial and final loan applications.

● Credit Report: Verify the presence of a credit report for each borrower. Confirm that the credit report was pulled within the timing requirements allowable per the Client provided underwriting guidelines.

● Housing Payment History: In the absence of housing payment histories on the borrower(s) credit report(s), verify that that the file contains a verification of rent or a verification of mortgage form.

● Letters of Explanation: When Letters of Explanation are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Gift Letters: When Gift Letters are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Asset Documentation: Verify the presence of asset documentation required by the Client provided underwriting guidelines in the loan file.

● Property Valuation Tools: Verify that each loan file contains adequate appraisal and other third party valuation tools to satisfy the minimum required documentation under the relative Client provided underwriting guidelines.

● Proof of Insurance: Verify the presence of insurance certificates for mortgage, hazard and flood insurance on an as needed basis depending upon the specifics of the loan. Confirm that adequate coverage is present to meet the requirements of the Client provided underwriting guidelines.

**Compliance**

● No compliance testing for the DSCR review.

**<u>Pool Details</u>**

![](ex9931002.jpg)

**<u>Tape Discrepancies</u>**

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Data Element** | &nbsp;&nbsp;**Count** | &nbsp;&nbsp;**Accuracy** |
| &nbsp;&nbsp;Property Value | &nbsp;&nbsp;2 | &nbsp;&nbsp;92.86% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;96.43% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;7 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;96.43% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;3 | &nbsp;&nbsp;89.29% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;2 | &nbsp;&nbsp;92.86% |
| &nbsp;&nbsp;**Total Loans** | &nbsp;&nbsp;**28** |  |

---

**Multiple Loans to One Borrower:** TPR firm reviewed common identifiers for all loans in the population and confirmed there were two (2) obligors with multiple loans in the pool.

**Property Inspection Waivers:** No loans had a Property Inspection Waiver.

**<u>Loan Grading Definitions</u>**

**<u>Credit</u>**

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;S&P | &nbsp;&nbsp;Moody's | &nbsp;&nbsp;Fitch | &nbsp;&nbsp;Kroll | &nbsp;&nbsp;DBRS | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp; A | &nbsp;&nbsp; A | &nbsp;&nbsp;Loan conforms to all applicable guidelines, no conditions noted |
| &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp; B | &nbsp;&nbsp; B | &nbsp;&nbsp;Loan does not meet every applicable credit guideline. However, most of the loan characteristics are within the guidelines and there are documented and significant compensating factors |
| &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp; C | &nbsp;&nbsp; C | &nbsp;&nbsp;The loan does not meet every applicable credit guideline, and most of the loan characteristics are outside of guidelines; or there are weak or no compensating factors |
| &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp; D | &nbsp;&nbsp; D | &nbsp;&nbsp;The loan file is missing critical documentation required to perform the review |

---

**<u>Compliance</u>**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;S&P | &nbsp;&nbsp;Moody's | &nbsp;&nbsp;Kroll | &nbsp;&nbsp;DBRS | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;The loan was originated in compliance with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;The loan was originated in compliance with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations; however, minor evidentiary issue(s) exist |

---

C <u>C</u> <u>C</u> <u>C</u> <u>The includes material violation(s) with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations</u> <br> <u>D</u> <u>D</u> <u>D</u> <u>D</u> <u>The loan file is missing critical documentation required to perform the review</u>

---

| | |
|:---|:---|
| &nbsp;&nbsp;Fitch | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The loan was originated in compliance with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan is in compliance with all applicable laws and regulations and a benefit to the borrower is present and documented |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The includes material violation(s) with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;D | &nbsp;&nbsp;The loan file is missing critical documentation required to perform the review |

---

**<u>Property Valuation</u>**

---

| | |
|:---|:---|
| &nbsp;&nbsp;Moody's | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A &nbsp;&nbsp; A | &nbsp;&nbsp;Value is within a 10% variance of third party product. Appraisal meets lender guidelines. Subject property is 100% complete. Property condition is average or better. Standard GSE form was utilized. Appraiser is licensed. Appraisal is complete. |
| &nbsp;&nbsp;B &nbsp;&nbsp; B | &nbsp;&nbsp;Meets all terms for an A, but property requires cosmetic or minor repairs that do not affect value or habitability |
| &nbsp;&nbsp;C &nbsp;&nbsp; C | &nbsp;&nbsp;Any of the following items: Origination value and third party valuation product value has a variance of 10% or greater, cannot validate value, property is incomplete, property condition is less than average, GSE form was not utilized, and/or the appraisal and/or does not meet guidelines |
| &nbsp;&nbsp;D &nbsp;&nbsp; D | &nbsp;&nbsp;The loan file was missing the appraisal and/or other valuations products needed to complete the review |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;S&P | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;First Level Review Value is within a 10% variance to the original appraisal. Appraisal meets lender guidelines. Subject property is 100% complete. Property condition is average or better. Standard GSE form was utilized. Appraiser is licensed. Appraisal is complete. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;First Level Review Value is greater than a 10% variance to the original appraisal but the second level review value is within 10% variance of the original appraised value. In addition, property requires cosmetic or minor repairs that do not affect value or habitability |
| &nbsp;&nbsp;C | &nbsp;&nbsp;Any of the following items: Second Level Review Value is greater than a 10% variance to the original appraisal, cannot validate value, property is incomplete, property condition is less than average, GSE form was not utilized, and/or the appraisal and/or does not meet guidelines |
| &nbsp;&nbsp;D | &nbsp;&nbsp;The loan file was missing the appraisal and/or other valuations products needed to complete the review |

---

**<u>Loan Review Findings</u>**

The following summarizes Consultant's final loan securitization and event grades assigned to the final reviewed loan pool and reported in the Agency Grading Report dated February 19, 2026.

---

| | | |
|:---|:---|:---|
| **Overall Grade Summary** | | |
| &nbsp;&nbsp;**Fitch NRSRO Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;19 | &nbsp;&nbsp;67.86% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;9 | &nbsp;&nbsp;32.14% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| **Compliance Grade Summary** |  |  |
| &nbsp;&nbsp;**Fitch NRSRO Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;27 | &nbsp;&nbsp;96.43% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;3.57% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

---

| | | |
|:---|:---|:---|
| **Credit Grade Summary** | | |
| &nbsp;&nbsp;**Fitch NRSRO Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;19 | &nbsp;&nbsp;67.86% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;9 | &nbsp;&nbsp;32.14% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| **Property Grade Summary** |  |  |
| &nbsp;&nbsp;**Fitch NRSRO Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;28 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

**<u>Loans Reviewed (28)</u>**

---

| | |
|:---|:---|
| &nbsp;&nbsp;200222922 | &nbsp;&nbsp;200236015 |
| &nbsp;&nbsp;200222921 | &nbsp;&nbsp;200236066 |
| &nbsp;&nbsp;200222518 | &nbsp;&nbsp;200236163 |
| &nbsp;&nbsp;200222120 | &nbsp;&nbsp;200236168 |
| &nbsp;&nbsp;200222862 | &nbsp;&nbsp;200236240 |
| &nbsp;&nbsp;200222732 | &nbsp;&nbsp;200236287 |
| &nbsp;&nbsp;200222658 | &nbsp;&nbsp;200236320 |
| &nbsp;&nbsp;200222992 | &nbsp;&nbsp;200236306 |
| &nbsp;&nbsp;200236001 | &nbsp;&nbsp;200236303 |
| &nbsp;&nbsp;200222646 | &nbsp;&nbsp;200236111 |
| &nbsp;&nbsp;200222529 | &nbsp;&nbsp;200236305 |
| &nbsp;&nbsp;200222890 | &nbsp;&nbsp;200236304 |
| &nbsp;&nbsp;200236069 | &nbsp;&nbsp;200236081 |
| &nbsp;&nbsp;200236187 | &nbsp;&nbsp;200236053 |

---

If you have any questions, please contact Uriah Clavier at Uriah.Clavier@opuscmc.com

## Exhibit 99.32

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.32**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| XXXX | 4350119748 |  |  | XXXX D C A B |
| XXXX | 4350119730 |  |  | XXXX C A B |
| XXXX | 4350119741 |  |  | XXXX A |
| XXXX | 4350119737 |  |  | XXXX A |
| XXXX | 4350119732 |  |  | XXXX A |
| XXXX | 4350119731 |  |  | XXXX D C A |
| XXXX | 4350119740 |  |  | XXXX A |
| XXXX | 4350119738 |  |  | XXXX A |
| XXXX | 4350119742 |  |  | XXXX B A |
| XXXX | 4350119729 |  |  | XXXX C A B |
| XXXX | 4350119744 |  |  | XXXX C A |
| XXXX | 4350119736 |  |  | XXXX A |
| XXXX | 4350119733 |  |  | XXXX D A |
| XXXX | 4350119750 |  |  | XXXX C A B |
| XXXX | 4350119752 |  |  | XXXX A B |
| XXXX | 4350119735 |  |  | XXXX A |
| XXXX | 4350119743 |  |  | XXXX C A B |
| XXXX | 4350119746 |  |  | XXXX D A B |
| XXXX | 4350119749 |  |  | XXXX D A B |
| XXXX | 4350119747 |  |  | XXXX D A B |
| XXXX | 4350119756 |  |  | XXXX A |
| XXXX | 4350119753 |  |  | XXXX A |
| XXXX | 4350119745 |  |  | XXXX D C A |
| XXXX | 4350119754 |  |  | XXXX A |
| XXXX | 4350119755 |  |  | XXXX C A |
| XXXX | 4350119757 |  |  | XXXX A |
| XXXX | 4350119734 |  |  | XXXX A |
| XXXX | 4350119751 |  |  | XXXX A |

---

## Exhibit 99.33

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.33**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraisal Company** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXXX | 4350119748 |  |  | XXXX | XXXX |  | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | XXXX |
| XXXX | 4350119730 |  |  | XXXX | XXXX |  | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | 0 | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350119741 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350119737 |  |  | XXXX | XXXX |  | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 61.08 | 61.08 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350119732 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350119731 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350119740 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXXX |
| XXXX | 4350119738 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 44.91 | 44.91 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350119742 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.7 | XXXX |
| XXXX | 4350119729 |  |  | XXXX | XXXX |  | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 57.67 | 57.67 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.8 | XXXX |
| XXXX | 4350119744 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350119736 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 60 | 60 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXXX |
| XXXX | 4350119733 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 48.11 | 48.11 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350119750 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350119752 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 71.43 | 71.43 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXXX |
| XXXX | 4350119735 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 61.75 | 61.75 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350119743 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 58.8 | 58.8 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXXX |
| XXXX | 4350119746 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 60 | 60 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350119749 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 60 | 60 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXXX |
| XXXX | 4350119747 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350119756 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.1 | XXXX |
| XXXX | 4350119753 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350119745 |  |  | XXXX | XXXX |  | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350119754 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 69.91 | 69.91 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | 0 | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350119755 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350119757 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 67.78 | 67.78 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXXX |
| XXXX | 4350119734 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350119751 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXXX |

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## Exhibit 99.34

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.34**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | 4350119748 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 39.5 | 15.76 | Audit liabilities were based on documents in the loan file. |
| XXXX | 4350119730 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 8.3 | 8.56 | Audit reflects difference in subject property taxes per documents in the loan file.  |
| XXXX | 4350119741 |  |  | XXXX | Property Value | propertyValuationPage | XXXX | XXXX | Audit Value Pulled From Appraisal. |
| XXXX | 4350119737 |  |  | XXXX | Qualifying FICO | creditLiabilitiesPage | 736 | 755 | Audit value based on lender qualifying requirements. |
| XXXX | 4350119737 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 32.11 | 32.09 | Audit liabilities were based on documents in the loan file. |
| XXXX | 4350119731 |  |  | XXXX | Qualifying FICO | creditLiabilitiesPage | 691 | 673 | Audit value based on lender qualifying requirements. |
| XXXX | 4350119731 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 14.51 | 14.58 | DTI difference is less than 1% and within lender tolerance.  |
| XXXX | 4350119729 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 35.57 | 35.6 | Audit DTI difference is due to liabilities based on documents in loan file.  |
| XXXX | 4350119750 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 44.92 | 45.14 | Audit liabilities were based on the most recent credit report in the loan file. |
| XXXX | 4350119747 |  |  | XXXX | Property Value | propertyValuationPage | XXXX | XXXX | Audit Value Pulled From Appraisal.  |
| XXXX | 4350119747 |  |  | XXXX | Qualifying LTV | propertyValuationPage | 80 | 60 | Audit Value of Subject Lien / Qualifying Value |
| XXXX | 4350119747 |  |  | XXXX | Qualifying CLTV | propertyValuationPage | 80 | 60 | Audit Value of Subject Lien / Qualifying Value |
| XXXX | 4350119747 |  |  | XXXX | Property Type | propertyValuationPage | Single Family Attached | Single Family Detached | Audit value pulled from appraisal |
| XXXX | 4350119754 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Audit Value Pulled From Appraisal. |
| XXXX | 4350119751 |  |  | XXXX | Property Type | propertyValuationPage | PUD | Single Family Detached | Audit Value Pulled From Appraisal. |
| XXXX | 4350119751 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 29.75 | 29.76 | DTI difference is less than 1% and within lender tolerance.  |

---

## Exhibit 99.35

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.35**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller** | **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Created Date** | **Last Modified Date** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Reviewer Comments** | **Seller Comments** | **Finding Resolution** | **Finding Document** | **Reviewer Comp Factors** | **Originator Comp Factors** | **State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Unique Finding ID** | **Acknowledged / Waived By** | **Waiver in File?** |
| XXXX | XXXX | 4350119748 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements | Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/13/2026 <br>Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements . - Due Diligence Vendor-01/13/2026 <br>Ready for Review-Document Uploaded. - Buyer-01/13/2026 <br>Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Missing documentation of hazard insurance for REO 3b - Due Diligence Vendor-01/13/2026 <br>Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements The file is missing verification of Hazard insurance for REO 3b on the final application. - Due Diligence Vendor-01/13/2026 <br>Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Additional REO 3b reported on final loan application Insurance document has not been provided in loan file. - Due Diligence Vendor-01/09/2026 |  | Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/13/2026<br>| XXXX for XXXX.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119748 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-Document Uploaded. - Due Diligence Vendor-01/14/2026 <br> Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-01/13/2026 <br> Open-Property type is ineligible due to The lender guideline XXXX reflects only one accessory unit allowed on property, multiple accessory units are not permitted. The subject property has more than 1 accessory unit.. - Due Diligence Vendor-01/13/2026 <br> Ready for Review-Document Uploaded. - Seller-01/13/2026 <br> Open-Document Uploaded. - Due Diligence Vendor-01/13/2026 <br> Open-Property type is ineligible due to The lender guideline XXXX reflects only one accessory unit allowed on property, multiple accessory units are not permitted. The subject property has more than 1 accessory unit.. - Due Diligence Vendor-01/12/2026 | Ready for Review-Document Uploaded. - Seller-01/13/2026<br>| Waived-Document Uploaded. - Due Diligence Vendor-01/14/2026 <br>Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-01/13/2026<br>| Exception.pdf<br> XXXX.pdf |  | DTI 40% < 50% Max<br> Res 24 months > 9 Month Min<br> FICO 729 > 680 Min | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119748 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Approval/Underwriting Summary Not Provided | Resolved-The lender provided the required documentation. Condition cleared. - Due Diligence Vendor-01/13/2026 <br>Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-01/13/2026 <br>Open-Missing Approval/Underwriting Summary - Due Diligence Vendor-01/13/2026 <br>Ready for Review-Document Uploaded. - Seller-01/13/2026 <br>Open-Missing Approval/Underwriting Summary - Due Diligence Vendor-01/09/2026 | Ready for Review-Document Uploaded. - Seller-01/13/2026<br>| Resolved-The lender provided the required documentation. Condition cleared. - Due Diligence Vendor-01/13/2026 <br>Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-01/13/2026<br>| 1008.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119748 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Disclosure | Appraisal Delivery Does Not Conform To E-Sign Act | Resolved-The appraisal was delivered electronically. E-Consent documentation is missing for borrower(s) or E-Consent not provided prior to appraisal delivery. - Due Diligence Vendor-01/13/2026 <br>Open-The appraisal was delivered electronically. E-Consent documentation is missing for borrower(s) or E-Consent not provided prior to appraisal delivery. - Due Diligence Vendor-01/13/2026 <br>Resolved-The appraisal was delivered electronically. E-Consent documentation is missing for borrower(s) or E-Consent not provided prior to appraisal delivery. The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/13/2026 <br>Ready for Review-Document Uploaded. - Buyer-01/13/2026 <br>Open-The appraisal was delivered electronically. E-Consent documentation is missing for borrower(s) or E-Consent not provided prior to appraisal delivery. - Due Diligence Vendor-01/09/2026 |  | Resolved-The appraisal was delivered electronically. E-Consent documentation is missing for borrower(s) or E-Consent not provided prior to appraisal delivery. - Due Diligence Vendor-01/13/2026 <br>Resolved-The appraisal was delivered electronically. E-Consent documentation is missing for borrower(s) or E-Consent not provided prior to appraisal delivery. The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/13/2026<br>| Econsent XXXX XXXX.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119748 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Evidence of Insurance for REO | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/13/2026 <br>Ready for Review-Document Uploaded. - Seller-01/13/2026 <br>Open-Missing Evidence of Insurance for REO 3b on final application - Due Diligence Vendor-01/13/2026 | Ready for Review-Document Uploaded. - Seller-01/13/2026<br>| Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/13/2026<br>| XXXX for XXXX.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119748 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | The Final 1003 is Incomplete | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/13/2026 <br>Ready for Review-Document Uploaded. - Seller-01/13/2026 <br>Open-The final 1003 reflects subject property in section 3a as an Investment property but in section 4a reflects as primary residence. Please provide corrected 1003. - Due Diligence Vendor-01/12/2026 | Ready for Review-Document Uploaded. - Seller-01/13/2026<br>| Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/13/2026<br>| XXXX 1008 and 1003 Final.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119748 |  |  | Closed | XXXX | XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-01/09/2026 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-01/09/2026<br>|  |  | S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Investor Post-Close | No |
| XXXX | XXXX | 4350119730 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-01/13/2026 <br> Ready for Review-Document Uploaded. - Buyer-01/13/2026 <br> Open-Property type is ineligible due to Lender guideline XXXX requires only one Accessory unit on a property; multiple accessory units are not permitted. Subject property has more than 1 accessory unit.. - Due Diligence Vendor-01/12/2026 |  | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-01/13/2026<br>| Exception.pdf |  | LTV 74%, 6%<80% max<br> FICO 730, 30>700 min<br> DTI 10%, 40%<50% max<br> Reserves 18 mos, 9>9 required | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119731 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Disclosure | E-Consent documentation is missing for borrower(s) | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/14/2026 <br>Resolved-E-Consent documentation for borrower(s) provided. - Due Diligence Vendor-01/14/2026 <br>Ready for Review-Document Uploaded. - Seller-01/13/2026 <br>Open-E-Consent documentation is missing for borrower(s). - Due Diligence Vendor-01/12/2026 | Ready for Review-Document Uploaded. - Seller-01/13/2026<br>| Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/14/2026 <br>Resolved-E-Consent documentation for borrower(s) provided. - Due Diligence Vendor-01/14/2026<br>| delivery of appraisal for XXXX.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119731 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/14/2026 <br>Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-01/14/2026 <br>Ready for Review-Document Uploaded. - Buyer-01/13/2026 <br>Open-OFAC Check Not Completed and/or Cleared - Due Diligence Vendor-01/09/2026 |  | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/14/2026 <br>Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-01/14/2026<br>| XXXX.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119731 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/14/2026 <br>Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-01/14/2026 <br>Ready for Review-Document Uploaded. - Buyer-01/13/2026 <br>Open-Missing Third Party Fraud Report - Due Diligence Vendor-01/09/2026 |  | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/14/2026 <br>Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-01/14/2026<br>| XXXX.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119731 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Disclosure | ECOA: Appraisal Not Provided to Applicant | Resolved-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/14/2026 <br>Ready for Review-Please waive - Buyer-01/14/2026 <br>Open-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. Appraisal present; no evidence appraisal was provided to applicant. - Due Diligence Vendor-01/09/2026 |  | Resolved-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/14/2026<br>|  |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119742 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-02/12/2026 <br>Ready for Review-Document Uploaded. - Due Diligence Vendor-02/12/2026 <br>Open-As per GL, maximum acreage is 20-acres. Subject has XXXX. Subject acreage limit is not allowed by GL. - Due Diligence Vendor-02/12/2026 |  | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-02/12/2026<br>| XXXX.pdf |  | FICO 773>660 Min<br> DTI 3.192%<55% Max<br> Reserves 23.56 months>6-month Min<br> Residual income $XXXX>$1,500 Min | XXXX | Primary Residence | Purchase | NA | XXXX | Investor Post-Close | No |
| XXXX | XXXX | 4350119742 |  |  | Closed | XXXX | XXXX | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | ECOA: Most Recent Primary Appraisal Not Provided to Applicant | Acknowledged-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. . - Due Diligence Vendor-01/16/2026 <br> Ready for Review-Document Uploaded. Initial CD - The appraisal was included with the release see attached for the docs to ensure its the correct, I see it shows completed XXXX, also attached disclosure tracking details - Buyer-01/15/2026 <br> Open-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. ECOA: Most Recent Primary Appraisal Date of XXXX is after the Primary Appraisal Delivery Date of XXXX. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-01/14/2026 |  | Acknowledged-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. . - Due Diligence Vendor-01/16/2026<br>| CD initial disclosure package.pdf<br>Disclosure Tracking Details.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | Investor Post-Close | No |
| XXXX | XXXX | 4350119742 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-01/16/2026 <br> Ready for Review-Document Uploaded. - Buyer-01/15/2026 <br> Open-Housing History Does Not Meet Guideline Requirements The lender guideline XXXX requires a VOR completed non-institutional party, prior 12 months canceled checks or bank statements are required. The file is missing prior 12 months canceled checks or bank statements are required. - Due Diligence Vendor-01/14/2026 |  | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-01/16/2026<br>| VOR Only.pdf |  | FICO 773 > 660 Min<br> DTI 3.192% < 55% Max<br> Reserves 28.7 Months > 6 Month Min<br> Residual Income $XXXX > $1,500 Min | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119742 |  |  | Closed | XXXX | XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-01/14/2026 <br>Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-01/14/2026 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-01/14/2026<br>|  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | Investor Post-Close | No |
| XXXX | XXXX | 4350119729 |  |  | Closed | XXXX | XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-01/19/2026 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-01/19/2026<br>|  |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | Investor Post-Close | No |
| XXXX | XXXX | 4350119729 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Assets | Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-01/19/2026 <br> Ready for Review-Document Uploaded. - Buyer-01/16/2026 <br> Open-Total Qualified Assets for Reserves Post-Close of $XXXX is less than Total Required Reserve Amount of $XXXX - Due Diligence Vendor-01/15/2026 |  | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-01/19/2026<br>| Exception.pdf |  | LTV 58% > 85% Max<br> FICO 796 > 660 Min<br> DTI 36% < 50 Max | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119729 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-01/19/2026 <br>Ready for Review-Document Uploaded. - Seller-01/16/2026 <br>Open-Audited Reserves of 2.8 month(s) are less than Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-01/15/2026 | Ready for Review-Document Uploaded. - Seller-01/16/2026<br>| Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-01/19/2026<br>| Exception.pdf |  | LTV 58% > 85% Max<br> FICO 796 > 660 Min<br> DTI 36% < 50 Max | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119729 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Disclosure | E-Consent documentation is missing for borrower(s) | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/19/2026 <br>Resolved-E-Consent documentation for borrower(s) provided. - Due Diligence Vendor-01/19/2026 <br>Ready for Review-Document Uploaded. NBS is attached, no consent for borrower, disclosures were snail mailed. see attachments - Buyer-01/16/2026 <br>Open-E-Consent documentation is missing for borrower(s). Provided E-consent document not signed by borrower - Due Diligence Vendor-01/15/2026 |  | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/19/2026 <br>Resolved-E-Consent documentation for borrower(s) provided. - Due Diligence Vendor-01/19/2026<br>| Doc1.pdf<br> XXXX NBS.pdf |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119744 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Resolved-Notes confirm liens in borrower's spouse's name only which meets guides. Finding resolved. - Due Diligence Vendor-01/19/2026 <br>Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not partially present. - Due Diligence Vendor-01/19/2026 <br>Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Missing 12-month mortgage payment histories for 1st and 2nd liens on primary residence. - Due Diligence Vendor-01/19/2026 |  | Resolved-Notes confirm liens in borrower's spouse's name only which meets guides. Finding resolved. - Due Diligence Vendor-01/19/2026 <br>Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not partially present. - Due Diligence Vendor-01/19/2026<br>| Notes for all 3 liens.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119733 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Full Fraud Report received, finding resolved. - Due Diligence Vendor-01/21/2026 <br>Resolved-Third Party Fraud Report is fully present - Due Diligence Vendor-01/21/2026 <br>Ready for Review-Document Uploaded. - Buyer-01/21/2026 <br>Open-Third Party Fraud Report Partially Provided Third Party Fraud Report missing all parties to the transaction as required by guides. - Due Diligence Vendor-01/20/2026 |  | Resolved-Full Fraud Report received, finding resolved. - Due Diligence Vendor-01/21/2026 <br>Resolved-Third Party Fraud Report is fully present - Due Diligence Vendor-01/21/2026<br>| XXXX- Notary clearance.pdf<br> XXXX - Final Fraud.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119750 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Credit History taken into consideration does not meet requirements | Resolved-Lender provided post closing exception for missing verification of VOR Payments - Due Diligence Vendor-02/04/2026 <br> Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-02/04/2026 <br> Ready for Review-Document Uploaded. - Buyer-02/04/2026 <br> Open-ATR Risk - Credit History taken into consideration does not meet requirements The lender guideline XXXX requires a VOR completed non-institutional party to verify prior 12 months canceled checks or bank statements verification. The lender only provided 8 months verification; the file is missing prior 12 months canceled checks or bank statements. - Due Diligence Vendor-02/03/2026 |  | Resolved-Lender provided post closing exception for missing verification of VOR Payments - Due Diligence Vendor-02/04/2026 <br>Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-02/04/2026<br>| Exception.pdf |  | LTV 80%, 5%<85% max<br> DTI 45.138%, 4.862% < 50% max<br> Res Inc: $XXXX XXXX>1.5K min (XXXX XXXX limit for household of 5) | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119750 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/04/2026 <br> Ready for Review-Document Uploaded. - Buyer-02/04/2026 <br> Open-Housing History Does Not Meet Guideline Requirements The lender guideline XXXX requires a VOR completed non-institutional party to verify prior 12 months canceled checks or bank statements verification. The lender only provided 8 months verification; the file is missing prior 12 months canceled checks or bank statements. - Due Diligence Vendor-02/03/2026 |  | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/04/2026<br>| Exception.pdf |  | LTV 80%, 5%<85% max<br> DTI 45.138%, 4.862%<50% max<br> Residual income $XXXX, XXXX>1.5K min (XXXX limit for household of 5 in South) | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119752 |  |  | Closed | XXXX | XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-02/02/2026 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-02/02/2026<br>|  |  |  | XXXX | Investment | Purchase | NA | XXXX | Investor Post-Close | No |
| XXXX | XXXX | 4350119743 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/05/2026 <br> Ready for Review-Document Uploaded. - Buyer-02/05/2026 <br> Open-Housing History Does Not Meet Guideline Requirements While the borrower's credit history for the subject property was satisfactory through XXXX, a subsequent Notice of Maturity and Default filed in XXX reveals a delinquency. A payoff statement dated XXXX, shows the loan was due for XXXX; this exceeds the 1x30 delinquency limit permitted by lender guidelines. - Due Diligence Vendor-02/05/2026 |  | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/05/2026<br>| Exception XXXX.pdf |  | Reserves 42, 36>6 month min<br> LTV 60%, 10%<70% max (unleased per LOE)<br> Credit depth 0x30x99 | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119746 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/05/2026 <br> Ready for Review-Document Uploaded. - Buyer-02/05/2026 <br> Open-Housing History Does Not Meet Guideline Requirements Per Lender Guide section XXXX, a 12-month housing history is required for the borrower's primary residence. While a "rent-free" letter was provided for the period starting XXXX, the accompanying Verification of Rent (VOR) covers XXXX through XXXX. Because the VOR involves a private party, the guidelines require cancelled checks to validate the payments; however, these checks were not provided. - Due Diligence Vendor-02/04/2026 |  | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/05/2026<br>| XXXX.pdf |  | 1.24 DSCR, .24>1.00 min<br> 60% LTV, 15%<75% max<br> 706 FICO, 46>660 min" | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350119746 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Invoice - Missing or Incomplete | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-02/05/2026 <br> Ready for Review-Document Uploaded. - Due Diligence Vendor-02/05/2026 <br> Open-Invoice - Missing or Incomplete. Per lender guidelines, a copy of the $XXXX appraisal invoice submitted to the original lender is required for transferred transactions. Audit was unable to locate this document in the file. - Due Diligence Vendor-02/04/2026 |  | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-02/05/2026<br>| Appraisal Invoice.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119749 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/05/2026 <br> Ready for Review-Document Uploaded. - Buyer-02/05/2026 <br> Open-Housing History Does Not Meet Guideline Requirements Per Lender Guide section XXXX, a 12-month housing history is required for the borrower's primary residence. While a "rent-free" letter was provided for the period starting XXXX, the accompanying Verification of Rent (VOR) covers XXXX through XXXX. Because the VOR involves a private party, the guidelines require cancelled checks to validate the payments; however, these checks were not provided. - Due Diligence Vendor-02/03/2026 |  | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/05/2026<br>| XXXX.pdf |  | 1.35 DSCR, .35>1.00 min<br> 60% LTV, 10%<70% max<br> Exp Inv > 3 yrs owning 11 inv properties | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350119749 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Invoice - Missing or Incomplete | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-02/05/2026 <br> Ready for Review-Document Uploaded. - Due Diligence Vendor-02/05/2026 <br> Open-Invoice - Missing or Incomplete. Per lender guidelines, a copy of the $XXXX appraisal invoice submitted to the original lender is required for transferred transactions. Audit was unable to locate this document in the file. - Due Diligence Vendor-02/04/2026 |  | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-02/05/2026<br>| Appraisal Invoice.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119747 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/09/2026 <br> Ready for Review-Document Uploaded. - Buyer-02/09/2026 <br> Open-Audited CLTV of 80% exceeds Guideline CLTV of 75%. (based on appraisal in file - value reflected as XXXX) - Due Diligence Vendor-02/03/2026 |  | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/09/2026<br>| Exception.pdf |  | 1.32 DSCR, .32>1.00 Min<br> Exp Inv - >3 yrs owning 11 inv properties | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350119747 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Audited HCLTV Exceeds Guideline HCLTV | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/09/2026 <br> Ready for Review-Document Uploaded. - Buyer-02/09/2026 <br> Open-Audited HLTV of 80% exceeds Guideline HCLTV of 75%. (based on appraisal in file - value reflected as XXXX) - Due Diligence Vendor-02/03/2026 |  | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/09/2026<br>| Exception.pdf |  | 1.32 DSCR, .32>1.00 Min<br> Exp Inv - >3 yrs owning 11 inv properties | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350119747 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/09/2026 <br> Ready for Review-Document Uploaded. - Seller-02/09/2026 <br> Open-Audited LTV of 80% exceeds Guideline LTV of 75%. (based on appraisal in file - value reflected as XXXX) - Due Diligence Vendor-02/03/2026 | Ready for Review-Document Uploaded. - Seller-02/09/2026<br>| Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/09/2026<br>| Exception.pdf |  | 1.32 DSCR, .32>1.00Min<br> Exp Inv - >3 yrs owning 11 inv properties | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350119747 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/05/2026 <br> Ready for Review-Document Uploaded. - Seller-02/05/2026 <br> Open-Housing History Does Not Meet Guideline Requirements : Per Lender Guide section XXXX, a 12-month housing history is required for the borrower's primary residence. While a "rent-free" letter was provided for the period starting XXX, the accompanying Verification of Rent (VOR) covers XXXX through XXXX. Because the VOR involves a private party, the guidelines require cancelled checks to validate the payments; however, these checks were not provided. - Due Diligence Vendor-02/04/2026 | Ready for Review-Document Uploaded. - Seller-02/05/2026<br>| Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/05/2026<br>| XXXX.pdf |  | 1.32 DSCR, .32>1.00 min<br> 60% LTV, 10%<70% max<br> Exp Inv - >3 yrs owning 11 inv properties | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119747 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Invoice - Missing or Incomplete | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-02/05/2026 <br> Ready for Review-Document Uploaded. - Due Diligence Vendor-02/05/2026 <br> Open-Invoice - Missing or Incomplete. Per lender guidelines, a copy of the $XXXX appraisal invoice submitted to the original lender is required for transferred transactions. Audit was unable to locate this document in the file. - Due Diligence Vendor-02/04/2026 |  | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-02/05/2026<br>| Appraisal Invoice.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119745 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Credit History taken into consideration does not meet requirements | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-02/09/2026 <br>Counter-Audit reviewed the documentation, however since the new monthly payment is being used in qualifying, documentation of the new P&I, taxes, and insurance is required to be reviewed. - Due Diligence Vendor-02/06/2026 <br>Ready for Review-Document Uploaded. - Buyer-02/05/2026 <br>Ready for Review-This loan did not close yet - Buyer-02/05/2026 <br>Open-ATR Risk - Credit History taken into consideration does not meet requirements - Due Diligence Vendor-02/04/2026 |  | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-02/09/2026<br>| Monthly Statement.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119745 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Documentation 1 | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-02/09/2026 <br>Counter-Audit reviewed the documentation, however since the new monthly payment is being used in qualifying, documentation of the new P&I, taxes, and insurance is required to be reviewed. - Due Diligence Vendor-02/06/2026 <br>Ready for Review-Attached is the monthly payment on their current mortgage on this property which is escrowed - Buyer-02/05/2026 <br>Ready for Review-Document Uploaded. Attached is the monthly payment on their current mortgage on this property which is escrowed - Buyer-02/05/2026 <br>Ready for Review-This loan did not close yet - Buyer-02/05/2026 <br>Open-The file is missing Note, final CD/settlement statement and first payment letter/Coupon for recent refinance with lender of the borrower's investment property, REO 3a on the final application to verify PITI and payoff of prior lien. Additional Conditions may apply. - Due Diligence Vendor-02/04/2026 |  | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-02/09/2026<br>| Monthly Statement.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119755 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Assets | Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount | Resolved-Borrower refinanced XXXX and netted over XXXX, per lender guidelines XXXX, net proceeds from a cash out transaction may be used to meet reserves requirements, condition resolved. - Due Diligence Vendor-02/09/2026 <br> Resolved-Total Qualified Assets for Reserves Post-Close of $XXXX is equal to or greater than Total Required Reserve Amount of $XXXX - Due Diligence Vendor-02/09/2026 <br> Ready for Review-Document Uploaded. - Due Diligence Vendor-02/09/2026 <br> Ready for Review-Escalated - Buyer-02/06/2026 <br> Open-Total Qualified Assets for Reserves Post-Close of $XXXX is less than Total Required Reserve Amount of $XXXX - Due Diligence Vendor-02/05/2026 |  | Resolved-Borrower refinanced XXXX and netted over XXXX, per lender guidelines XXXX, net proceeds from a cash out transaction may be used to meet reserves requirements, condition resolved. - Due Diligence Vendor-02/09/2026 <br> Resolved-Total Qualified Assets for Reserves Post-Close of XXXX is equal to or greater than Total Required Reserve Amount of XXXX - Due Diligence Vendor-02/09/2026 | HUD from XXXX.pdf |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119755 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Borrower refinanced XXXX and netted over XXXX, per lender guidelines XXXX, net proceeds from a cash out transaction may be used to meet reserves requirements, condition resolved. - Due Diligence Vendor-02/09/2026 <br> Resolved-Audited Reserves of 45.45 month(s) are greater than or equal to Guideline Required Reserves of 2 month(s) - Due Diligence Vendor-02/09/2026 <br> Ready for Review-Document Uploaded. - Due Diligence Vendor-02/09/2026 <br> Ready for Review-Escalated - Buyer-02/06/2026 <br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 2 month(s) Audited Reserves of month(s) are less than Guideline Required Reserves of 2 month(s) - Due Diligence Vendor-02/05/2026 |  | Resolved-Borrower refinanced XXXX and netted over XXXX, per lender guidelines XXXX, net proceeds from a cash out transaction may be used to meet reserves requirements, condition resolved. - Due Diligence Vendor-02/09/2026 <br> Resolved-Total Qualified Assets for Reserves Post-Close of XXXX is equal to or greater than Total Required Reserve Amount of XXXX - Due Diligence Vendor-02/09/2026 | HUD from XXXX.pdf |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |

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## Exhibit 99.36

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.36**

![](ex9936001.jpg)

**Selene Diligence LLC ("Selene") Due<br> Diligence Review Narrative ("Report")**

Selene's Report, which is to be made available to the recipients by the Client, includes the loan level results of Selene's independent, third-party due diligence review conducted on behalf of the Client. The scope of review for these loans is as follows:

**DESCRIPTION OF SERVICES:**

&nbsp;&nbsp;&nbsp;&nbsp;**(1) Type of assets that were reviewed.**

Selene performed certain due diligence services described below on residential mortgage loans originated by numerous entities and obtained by Lone Star Residential Acquisitions, LLC ("Client"). The review was conducted between September 2025 and February 2026 via files imaged and provided for review (the "Review").

&nbsp;&nbsp;&nbsp;&nbsp;**(2) Sample size of the assets reviewed.**

This Review consisted of 100% of the loan population.

**FINAL SECURITIZATION POPULATION**

Selene was instructed to perform a review on a population totaling 51 Non-QM loans and 66 ATR/QM exempt loans for a total of 117 loans the "Final Securitization Population".

*<u>Credit Reviews (117):</u>*

During the Review, Selene performed a credit review on 117 mortgage loans in the Final Securitization Population.

*<u>Compliance Review (117)</u>*

During the Review, Selene performed a compliance review, when applicable on 117 mortgage loans in the Final Securitization Population.

*<u>Valuation Reviews (117):</u>*

During the Review, Selene performed a property valuation review on 117 mortgage loans in the Final Securitization Population.

*<u>Data Integrity Review (117):</u>*

During the Review, Selene performed a Data Integrity Review on 117 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 117 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;117 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Compliance Population | &nbsp;&nbsp;117 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Valuation Population | &nbsp;&nbsp;117 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Data Integrity Population | &nbsp;&nbsp;117 | &nbsp;&nbsp;100% |

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

The Review was conducted with sample size criteria that has been communicated by the Client to Selene to be consistent with the criteria for the nationally recognized statistical ratings organizations identified in Item 3 of the ABS Due Diligence-15E.s, Fitch Ratings, Inc. ("Fitch") (the "NRSRO").

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

Where available, Selene compared the data fields on the bid tape provided by the Client to the data found in the actual loan file as captured by Selene. This information may not have been available for all mortgage loans.

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

Selene assessed the underwriting guidelines and compared the documentation in the loan file against the stated guidelines for adherence.

**<u>GUIDELINES</u>**

Northpointe Underwriting Guidelines, Kind Lending Non-Agency Program Guidelines, Capital Alliance Loan Eligibility Guidelines, 5<sup>th</sup> Street Capital Underwriting Guidelines (collectively the "Guidelines")

Page **2** of **16**

COLT 2026-2 Executive Summary (Selene Diligence LLC)

**<u>LOAN GRADING</u>**

The Guidelines referenced above served as the benchmark for grading loans with respect to credit, compliance, underwriting, property valuation and data integrity. Each loan received an "initial" and a "final" grade. The "initial" grade was assigned during the initial loan review. The "final" grade considers additional information and supporting documentation that may have been provided by the originators to clear outstanding conditions. Selene's loan grading is solely based on Selene's independent assessment of all Guideline exceptions and compensating factors for each of the component reviews. Selene is providing a comprehensive loan-level analysis that includes initial grades, final grades and detailed commentary on the rationale for any changes in grades and sets forth compensating factors and waivers.

**<u>SCOPE OF REVIEW</u>**

Selene examined the selected loan files with respect to the presence or absence of relevant documents, enforceability of mortgage loan documents, and accuracy and completeness of data fields. Selene relied on the accuracy of information contained in loan documentation provided to Selene (for more detail, please refer to Appendix A, B, and C, attached hereto).

 **CREDIT REVIEW**

Selene's credit scope of review conducted on this transaction included the following elements:

● Assessed whether the characteristics of the mortgage loans and the borrowers conformed to the Guidelines cited above;

● Re-calculated LTV, CLTV, income, liabilities and compared these against the Guidelines;

● Analyzed asset statements to determine whether funds to close and reserves were within the Guidelines;

● Confirmed that credit scores (FICO) and credit histories were within the Guidelines.

 **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.

 **PROPERTY VALUATION REVIEW**

Selene's Property Valuation scope of review conducted on this transaction included the following elements.

● **Original Appraisal Assessment** 

Selene reviewed the original appraisal provided to determine whether the original appraisal was complete, thorough and the original appraised value was reasonably supported.

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● **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.

 **DATA INTEGRITY REVIEW**

Selene uploads tape data into its due diligence application and compares it to the actual documents provided.

● Tape data received from lender/client is stored in a secured FTP folder;

● Tape data is uploaded into the application;

● Loan Reviewer collects validated loan data;

● Each received data point is compared to its counterpart collected data point; and

● Discrepancies found during comparison are stored and reported.

Selene provided the Client with a copy of the initial loan level tape discrepancy report which shows the differences between the data received by the Client versus the data captured by Selene during the loan review.

**<u>SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW</u>**

The NRSRO criteria referenced for this report and utilized for grading descriptions is based upon the requirements of the NRSROs.

With respect to the Final Securitization Population, Selene conducted (i) a Credit Review on 117 mortgage loans, (ii) a Compliance Review on 117 mortgage loans (iii) a Valuation Review on 117 mortgage loans, and (iv) a Data Integrity Review on 117 mortgage loans; the results of these reviews are discussed below. All grades shown below are based upon the NRSRO grading methodologies utilized by the NRSROs.

**<u>REVIEW RESULTS SUMMARY</u>**

After review of the 117 mortgage loans; 64 mortgage loans had a rating grade of A, 53 mortgage loans had a rating grade of B, 0 mortgage loans had a rating grade of C, and 0 mortgage loans had a rating grade of D.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | &nbsp;&nbsp;***Grades per loan (117 overall loans):*** | &nbsp;&nbsp;***Grades per loan (117 overall loans):*** | &nbsp;&nbsp;***Grades per loan (117 overall loans):*** | &nbsp;&nbsp;***Grades per loan (117 overall loans):*** |  |
| | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** |
| <br>&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**%** | &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;12 | &nbsp;&nbsp;10.26% | &nbsp;&nbsp;A | &nbsp;&nbsp;64 | &nbsp;&nbsp;54.70% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;13 | &nbsp;&nbsp;11.11% | &nbsp;&nbsp;B | &nbsp;&nbsp;53 | &nbsp;&nbsp;45.30% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;12 | &nbsp;&nbsp;10.26% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;80 | &nbsp;&nbsp;68.38% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

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---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| |  | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***  | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***  | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***  | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:***  |
| | &nbsp;&nbsp;**FINAL RA GRADES - COMPLIANCE** | &nbsp;&nbsp;**FINAL RA GRADES - COMPLIANCE** | | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** |
| <br>&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**%** | <br>&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;115 | &nbsp;&nbsp;98.29% | &nbsp;&nbsp;A | &nbsp;&nbsp;68 | &nbsp;&nbsp;58.12% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;2 | &nbsp;&nbsp;1.71% | &nbsp;&nbsp;B | &nbsp;&nbsp;49 | &nbsp;&nbsp;41.88% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
|  | &nbsp;&nbsp;**FINAL RA GRADES - PROPERTY** | &nbsp;&nbsp;**FINAL RA GRADES - PROPERTY** |  |  |  |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**%** |  |  |  |
| &nbsp;&nbsp;A | &nbsp;&nbsp;112 | &nbsp;&nbsp;95.73% |  |  |  |
| &nbsp;&nbsp;B | &nbsp;&nbsp;5 | &nbsp;&nbsp;4.27% |  |  |  |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |

---

**<u>REVIEW RESULTS SUMMARY (EXCEPTION LISTING)</u>**

Review of the Final Grading Summary (redacted) provides the exceptions in detail and the migration from the initial rating agency grade to the final rating agency grade, based on mitigation/resolution from the client.

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

Please be further advised that Selene does not employ personnel who are licensed to practice law in the various jurisdictions, and the findings set forth in the reports prepared by Selene do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Selene. Information contained in any Selene report related to the applicable statute of limitations for certain

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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

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**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

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**Asset Review**

Selene assessed whether the asset documentation required by the guidelines is present in the file. In addition, a review of the reserve calculation was performed. Documentation verifying assets for down payment, closing costs, prepaid items and reserves may include:

&nbsp;&nbsp;&nbsp;&nbsp;1. VOD's

&nbsp;&nbsp;&nbsp;&nbsp;2. Depository
 account statements

&nbsp;&nbsp;&nbsp;&nbsp;3. Stock
 or security account statements

&nbsp;&nbsp;&nbsp;&nbsp;4. Gift
 funds

&nbsp;&nbsp;&nbsp;&nbsp;5. Settlement
 statement or other evidence of conveyance and transfer of funds if a sale of assets was
 involved

**Hazard/Flood insurance** 

A review of the insurance present on the loan was also be performed:

&nbsp;&nbsp;&nbsp;&nbsp;1. Verify
 that the hazard insurance meets the minimum required amount of coverage in the guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;2. For
 condominium properties, confirm that the blanket policy meets the minimum amount of coverage;

&nbsp;&nbsp;&nbsp;&nbsp;3. Confirm
 that the flood cert is for the correct borrower, property, lender and loan number and
 is a "Life of Loan" certification;

&nbsp;&nbsp;&nbsp;&nbsp;4. For
 properties is in a flood zone per the flood cert, confirm that flood insurance in the
 file meets the minimum required amount of coverage and meets guideline requirements;

&nbsp;&nbsp;&nbsp;&nbsp;5. Confirm
 that the mortgagee clause lists the lender's name and "its successors and
 assigns"; and

&nbsp;&nbsp;&nbsp;&nbsp;6. Confirm
 that the premium amount on both the hazard and flood insurance match what was used in
 the DTI calculations.

**Title**

Verified whether the appropriate vestee is on the title document: if a purchase, the seller; if a refinance, the borrower and review the Title Commitment for the disclosure issues.

**Fraud**

To the extent potentially fraudulent activity is identified as part of the document review, such information was reported to Client. In addition, when required, Selene looked for an independent, third party fraud report in each file and will review the results of the fraud report in conjunction with source documents found in the file to assess the likelihood of any misrepresentations associated with the origination of the loan. If the loan does not contain a fraud report and the counterparty cannot produce one, Selene conditioned the loan for the missing product.

On this Fraud report Selene:

&nbsp;&nbsp;&nbsp;&nbsp;1. Reviewed
 for any name variations for the borrowers and confirm that the variations have been addressed
 in the loan file;

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&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;

&nbsp;&nbsp;&nbsp;&nbsp;3. Reviewed
 for any potential occupancy issues based on the borrowers' address history and
 confirm that any issues have been addressed in the loan file;

&nbsp;&nbsp;&nbsp;&nbsp;4. Reviewed
 for any employment issues and confirm that any issues have been addressed in the loan
 file;

&nbsp;&nbsp;&nbsp;&nbsp;5. Reviewed
 for any additional consumers associated with the borrowers' profiles and confirm
 the materiality and material issues have been addressed in the loan file; and

&nbsp;&nbsp;&nbsp;&nbsp;6. Addressed
 all red flag issues.

**Additional Review**

Selene's review procedures also included:

&nbsp;&nbsp;&nbsp;&nbsp;1. A
 review of the completeness and accuracy of the information obtained in the mortgage origination
 process;

&nbsp;&nbsp;&nbsp;&nbsp;2. A
 review of closing documents to ensure that the mortgage file information is complete,
 accurate, and consistent with other documents in the mortgage file;

&nbsp;&nbsp;&nbsp;&nbsp;3. Selene
 will review the mortgage file documents to determine that the mortgage was properly underwritten;

&nbsp;&nbsp;&nbsp;&nbsp;4. Verification
 that the DTI, LTV, asset reserves, property type, transaction type (maximum loan amount,
 loan purpose, occupancy, etc.), and FICO scores meet or exceed the guideline requirements;

&nbsp;&nbsp;&nbsp;&nbsp;5. Verification
 that all borrowers are eligible based on the guidelines and information in the loan file;
 and

&nbsp;&nbsp;&nbsp;&nbsp;6. Verify
 there is appropriate documentation present to confirm that applicable documents have
 been recorded or have been sent for recording.

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**APPENDIX B – COMPLIANCE REVIEW SCOPE**

Selene reviewed the Non-QM loans to determine, as applicable, to the extent possible and/or applicable and subject to the caveats below, whether the loan complies with:

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

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

i) failure to provide the right of rescission notice;

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

iii) errors in the right of rescission notice;

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

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

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

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

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

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

ii) proper execution by all required parties;

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

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

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

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

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

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

i) points and fees threshold test;

ii) APR threshold test;

iii) prepayment penalty test; and

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

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

i) APR threshold test; and <br> ii) compliance with the escrow account and appraisal requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f) <u>With respect to brokered mortgage loans, the Prohibitions and Restrictions related to Loan</u> 

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<u>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.

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j) review
 for presence of mortgage loan originator organization and individual mortgage loan originator name and NMLSR ID, as applicable,
 on the credit application, note or mortgage loan contract, security instrument, Loan Estimate and Closing Disclosure;
 and (ii) verify the data against the NMLSR database, as available.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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vi) with respect to tolerance violations based on the disclosed charges on the LE and CD and other applicable exceptions, confirm that the creditor cured or remediated the violations in accordance with the Structured Finance Association TRID 4.0, as may be updated from time to time.

**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.** 

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**SCHEDULE I**

&nbsp;&nbsp;&nbsp;&nbsp;1. AL
 Consumer Credit License- Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;2. AK
 Small Loan Act-Mortgage Broker/Lender License-Mortgage Lending Regulation License<br>
 Registered Depository Institution Registration

&nbsp;&nbsp;&nbsp;&nbsp;3. AR
 Home Loan Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;4. AZ
 Mortgage Banker & Broker License-Consumer Lender License

&nbsp;&nbsp;&nbsp;&nbsp;5. CA
 AB 489/344 (Division 1.6 of the Financial Code)

&nbsp;&nbsp;&nbsp;&nbsp;6. CO
 Consumer Equity Protection Article

&nbsp;&nbsp;&nbsp;&nbsp;7. CO
 Consumer Credit Code

&nbsp;&nbsp;&nbsp;&nbsp;8. DE
 Licensed Lender License Broker License Lender License

&nbsp;&nbsp;&nbsp;&nbsp;9. Washington,
 DC Home Loan Protection Act of 2002

&nbsp;&nbsp;&nbsp;&nbsp;10. Washington,
 DC Mortgage Disclosure Act of 2007

&nbsp;&nbsp;&nbsp;&nbsp;11. FL
 Fair Lending Act

&nbsp;&nbsp;&nbsp;&nbsp;12. GA
 Fair Lending Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;13. HW
 Financial Services Loan Company License -Mortgage Broker and Solicitor License- Foreign
 Lender License - Mortgage Loan Originator Company License

&nbsp;&nbsp;&nbsp;&nbsp;14. ID
 Residential Mortgage Practices Act - (Home Loan Practices article)

&nbsp;&nbsp;&nbsp;&nbsp;15. IN
 Home Loan Practices Article

&nbsp;&nbsp;&nbsp;&nbsp;16. IA
 Mortgage Banker License Regulated Loan License - Industrial Loan License - Mortgage Banker
 Registrant- Mortgage Broker License- Master Loan Company Registration<br>
 Nonprofit Mortgage Banker Registrant

&nbsp;&nbsp;&nbsp;&nbsp;17. KS
 Consumer Credit Code - Kansas Supervised Lenders License- - Consumer credit code 16-207

&nbsp;&nbsp;&nbsp;&nbsp;18. LA
 Residential Mortgage Lending License - Consumer Loan License- Licensed Lender License

&nbsp;&nbsp;&nbsp;&nbsp;19. MA
 Mortgage Lender and Broker Regulations

&nbsp;&nbsp;&nbsp;&nbsp;20. MD
 Commercial Law amended by Maryland Senate Bill 270

&nbsp;&nbsp;&nbsp;&nbsp;21. Maryland
 Regulations under the Maryland Mortgage Lender Law HB 649 - 363amendments, and COMAR

&nbsp;&nbsp;&nbsp;&nbsp;22. MI
 Consumer Mortgage Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;23. MN
 Mortgage Originator and Servicer Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;24. MS
 Residential Mortgage Company License - Mortgage Lender License - Mortgage Broker Licen

&nbsp;&nbsp;&nbsp;&nbsp;25. MO
 Mortgage Company License

&nbsp;&nbsp;&nbsp;&nbsp;26. MT
 - Consumer Loan License - Residential Mortgage Lender License-Mortgage Broker License<br>
 Mortgage Lender License

&nbsp;&nbsp;&nbsp;&nbsp;27. NC
 Rate Spread Home Loan Provisions (original 2008 provisions and 2009, 2013 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;28. ND
 Money Broker License

&nbsp;&nbsp;&nbsp;&nbsp;29. NE
 Mortgage Bankers Registration and Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;30. NH
 First Mortgage Banker License – Second Mortgage Home Loan – Mortgage Banker
 License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;31. NJ
 Home Ownership Security Act 2002 (pre- and post-amendments)

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&nbsp;&nbsp;&nbsp;&nbsp;32. NM
 Home Loan Protection Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;33. OH
 Consumer Sales Practices Act

&nbsp;&nbsp;&nbsp;&nbsp;34. Cleveland
 Heights, OH Ordinance Prohibiting Predatory Loans

&nbsp;&nbsp;&nbsp;&nbsp;35. Summit
 County, OH Consumer Affairs Board Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;36. Summit
 County, OH Consumer Protection Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;37. OK
 Home Ownership and Equity Protection Act (original provisions & 2009 higher-priced
 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;38. OR
 Consumer Finance License – Consumer Finance Registration – Mortgage Lender
 License

&nbsp;&nbsp;&nbsp;&nbsp;39. PA
 Consumer Equity Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;40. RI
 Home Loan Protection Act and Regulation 3

&nbsp;&nbsp;&nbsp;&nbsp;41. SD
 Mortgage Lender License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;42. TN
 Home Loan Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;43. UT
 Residential Mortgage Practices and Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;44. VA
 Mortgage Lender and Broker Act

&nbsp;&nbsp;&nbsp;&nbsp;45. WA
 House Bill 2770, Mortgage Lending and Homeownership, Chapter 108, Laws of 2008 –
 Consumer Loan Company License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;46. WV
 Residential Mortgage Lender, Broker and Servicer Act

&nbsp;&nbsp;&nbsp;&nbsp;47. WY
 Consumer Credit Code – Registered Consumer Loan Lender – Mortgage Lender
 Broker License

<u>The following state **specific** regulations which address high cost, higher priced and anti-predatory lending.</u>

&nbsp;&nbsp;&nbsp;&nbsp;1. CA
 AB 260 (Division 1.9 of the Financial Code) higher-priced mortgage loan provisions -
 Anti-Predatory Lending Statute - Amendment

&nbsp;&nbsp;&nbsp;&nbsp;2. CT
 Abusive Home Lending Practices Act

&nbsp;&nbsp;&nbsp;&nbsp;3. CT
 Nonprime Home Loans Statute

&nbsp;&nbsp;&nbsp;&nbsp;4. IL
 Office of Banks and Real Estate High Risk Home Loan Regulations

&nbsp;&nbsp;&nbsp;&nbsp;5. IL
 High Risk Home Loan ActL Predatory Lending Database Program

&nbsp;&nbsp;&nbsp;&nbsp;6. Chicago,
 IL Predatory Lending Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;7. Cook
 County, IL Predatory Lending Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;8. KY
 Predatory Lending and High Cost Home Loan Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;9. ME
 Title 9-A Residential Mortgage Loan, High-Rate, High-Fee Provisions, High Cost, Subprime,
 Rate Spread Home Loan, and Higher-Priced Mortgage Loan Provisions (original 2003 provisions
 and 2008, 2009, 2011 & 2013 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;10. MA
 High Cost Home Loan Regulations (pre- and post-amendments) - MA Predatory Home Loan Practices
 Act - MA 209 CMR 32.35 Higher-Priced Mortgage Loan Provisions - MA "Borrower's
 Interest" Standard

&nbsp;&nbsp;&nbsp;&nbsp;11. Maryland
 Regulations for Higher Priced Mortgage Loans, as promulgated under the Maryland Mortgage
 Lender Law

&nbsp;&nbsp;&nbsp;&nbsp;12. NC
 Restrictions and Limitations of Home Loans and High-Cost Home Loans

&nbsp;&nbsp;&nbsp;&nbsp;13. NV
 Unfair Lending Practices Act – Anti Predatory Lending Law

&nbsp;&nbsp;&nbsp;&nbsp;14. NY
 GRBB Part 41 (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;15. NY
 Banking Law 6-L

&nbsp;&nbsp;&nbsp;&nbsp;16. NY
 Banking Law 6-M

&nbsp;&nbsp;&nbsp;&nbsp;17. OH
 Anti - Predatory Lending Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;18. Cleveland
 Heights, OH Ordinance Prohibiting Predatory Loans

&nbsp;&nbsp;&nbsp;&nbsp;19. RI
 Providence Ordinance Regarding Predatory Lending (post-amendment)

&nbsp;&nbsp;&nbsp;&nbsp;20. SC
 High-Cost and Consumer Home Loan Act (original provisions & 2010 ARM amendments)

&nbsp;&nbsp;&nbsp;&nbsp;21. TX
 Home Loan and High Cost Home Loan Act

Page **14** of **16**

COLT 2026-2 Executive Summary (Selene Diligence LLC)

&nbsp;&nbsp;&nbsp;&nbsp;22. UT
 High Cost Home Loan Act

&nbsp;&nbsp;&nbsp;&nbsp;23. VT
 High Rate Loans

&nbsp;&nbsp;&nbsp;&nbsp;24. VI
 VA SB 797 Hight Risk Mortgage – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;25. WI
 Responsible High Cost Mortgage Lending Act

**APPENDIX C – VALUATION REVIEW SCOPE**

Selene reviewed the valuation materials utilized during the origination of the loan which confirmed the value of the underlying property. Selene verified the appraisal report was (i) on the appropriate GSE form, (ii) materially complete, (iii) in conformity with the guideline requirements for the property type in question, (iv) completed by an appraiser that was actively licensed to perform the valuation, (v) completed such that the named client on the appraisal report is the lender or a related entity that is permitted to engage the lender per Title XI of FIRREA, (vi) made and signed prior to the final approval of the mortgage loan application, (vii) completed and dated within the guidelines restrictions, (vii) made on an "as is" basis or provides satisfactory evidence of completion of all material conditions including all inspections, licenses, and certificates (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities; and (viii) noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying the Client of same.

If more than one valuation is provided for review, Selene confirmed consistency among the valuation products and if there are discrepancies that cannot be resolved, Selene created an exception and worked with the Client on the next steps, which may include ordering of additional valuation products such as collateral desktop analyses, broker's price opinions, and full appraisals. If the property valuation products included in Selene's review results in a variance of more than 10% then the Client shall be notified of such variance and a second independent valuation product shall be ordered. On all loans, Selene makes a determination as to whether appraised value is supported based on documentation available at the time of review and adds exceptions or comments as appropriate.

Selene confirmed consistency among the valuation products and where applicable, if there was a discrepancy in value between two appraisals in the form of a variance greater than 10%, Selene would review the file for a desktop analysts/evaluation of the appraisals and determine which appraised value was used for qualification purposes. If there were discrepancies that could not be resolved, Selene created an exception and worked with the client on the next steps for resolution.

Disclaimer

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

○ Selene makes no representation or warranty as to the value of any mortgaged property, notwithstanding that Selene may have reviewed valuation information for reasonableness.

○ Selene is not an 'AMC' (appraisal management company) and therefore Selene does not opine on the actual value of the underlying property.

Page **15** of **16**

COLT 2026-2 Executive Summary (Selene Diligence LLC)

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

● Selene does not confirm whether the appraiser is on the Freddie Mac exclusionary list.

Page **16** of **16**

COLT 2026-2 Executive Summary (Selene Diligence LLC)

## Exhibit 99.37

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.37**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| XXXX | 4350119852 | XXXX |  | XXXX B D A |
| XXXX | 4350119847 | XXXX |  | XXXX D A B |
| XXXX | 4350119792 | XXXX |  | XXXX A |
| XXXX | 4350119775 | XXXX |  | XXXX D A B |
| XXXX | 4350119866 | XXXX |  | XXXX C A |
| XXXX | 4350119867 | XXXX |  | XXXX D A |
| XXXX | 4350119768 | XXXX |  | XXXX D A B |
| XXXX | 4350119820 | XXXX |  | XXXX B A |
| XXXX | 4350119767 | XXXX |  | XXXX D A |
| XXXX | 4350119785 | XXXX |  | XXXX C A B |
| XXXX | 4350119808 | XXXX |  | XXXX C A |
| XXXX | 4350119814 | XXXX |  | XXXX D A |
| XXXX | 4350119848 | XXXX |  | XXXX D A |
| XXXX | 4350119819 | XXXX |  | XXXX D A B |
| XXXX | 4350119784 | XXXX |  | XXXX D A B |
| XXXX | 4350119823 | XXXX |  | XXXX D A B |
| XXXX | 4350119828 | XXXX |  | XXXX D A B |
| XXXX | 4350119829 | XXXX |  | XXXX D A B |
| XXXX | 4350119791 | XXXX |  | XXXX C A |
| XXXX | 4350119793 | XXXX |  | XXXX D A B |
| XXXX | 4350119780 | XXXX |  | XXXX D B A |
| XXXX | 4350119765 | XXXX |  | XXXX D A B |
| XXXX | 4350119825 | XXXX |  | XXXX B A |
| XXXX | 4350119807 | XXXX |  | XXXX B A |
| XXXX | 4350119776 | XXXX |  | XXXX D A B |
| XXXX | 4350119863 | XXXX |  | XXXX D A |
| XXXX | 4350119864 | XXXX |  | XXXX B A |
| XXXX | 4350119782 | XXXX |  | XXXX D A B |
| XXXX | 4350119811 | XXXX |  | XXXX B A |
| XXXX | 4350119817 | XXXX |  | XXXX D A B |
| XXXX | 4350119781 | XXXX |  | XXXX B A |
| XXXX | 4350119837 | XXXX |  | XXXX D A |
| XXXX | 4350119869 | XXXX |  | XXXX C D A |
| XXXX | 4350119824 | XXXX |  | XXXX A |
| XXXX | 4350119778 | XXXX |  | XXXX D A B |
| XXXX | 4350119827 | XXXX |  | XXXX D A B |
| XXXX | 4350119802 | XXXX |  | XXXX C A B |
| XXXX | 4350119830 | XXXX |  | XXXX D A |
| XXXX | 4350119762 | XXXX |  | XXXX B C A |
| XXXX | 4350119763 | XXXX |  | XXXX D A |
| XXXX | 4350119857 | XXXX |  | XXXX C D A |
| XXXX | 4350119858 | XXXX |  | XXXX A D |
| XXXX | 4350119795 | XXXX |  | XXXX A C |
| XXXX | 4350119833 | XXXX |  | XXXX D A B |
| XXXX | 4350119840 | XXXX |  | XXXX D A |
| XXXX | 4350119787 | XXXX |  | XXXX D A |
| XXXX | 4350119799 | XXXX |  | XXXX A D |
| XXXX | 4350119758 | XXXX |  | XXXX A |
| XXXX | 4350119871 | XXXX |  | XXXX C A D |
| XXXX | 4350119813 | XXXX |  | XXXX D A |
| XXXX | 4350119861 | XXXX |  | XXXX D A |
| XXXX | 4350119769 | XXXX |  | XXXX C A D B |
| XXXX | 4350119870 | XXXX |  | XXXX C A |
| XXXX | 4350119786 | XXXX |  | XXXX D A |
| XXXX | 4350119872 | XXXX |  | XXXX D C A |
| XXXX | 4350119821 | XXXX |  | XXXX B A |
| XXXX | 4350119796 | XXXX |  | XXXX A D |
| XXXX | 4350119835 | XXXX |  | XXXX C A D B |
| XXXX | 4350119838 | XXXX |  | XXXX B A |
| XXXX | 4350119789 | XXXX |  | XXXX A |
| XXXX | 4350119862 | XXXX |  | XXXX A D |
| XXXX | 4350119822 | XXXX |  | XXXX A |
| XXXX | 4350119850 | XXXX |  | XXXX A D |
| XXXX | 4350119868 | XXXX |  | XXXX D C A |
| XXXX | 4350119809 | XXXX |  | XXXX B A D |
| XXXX | 4350119804 | XXXX |  | XXXX D A |
| XXXX | 4350119812 | XXXX |  | XXXX B A |
| XXXX | 4350119805 | XXXX |  | XXXX D A B |
| XXXX | 4350119853 | XXXX |  | XXXX A D |
| XXXX | 4350119803 | XXXX |  | XXXX D A |
| XXXX | 4350119854 | XXXX |  | XXXX A D |
| XXXX | 4350119770 | XXXX |  | XXXX D A B |
| XXXX | 4350119859 | XXXX |  | XXXX D A |
| XXXX | 4350119855 | XXXX |  | XXXX D A |
| XXXX | 4350119797 | XXXX |  | XXXX D A |
| XXXX | 4350119798 | XXXX |  | XXXX D A |
| XXXX | 4350119790 | XXXX |  | XXXX A D |
| XXXX | 4350119844 | XXXX |  | XXXX B A D |
| XXXX | 4350119801 | XXXX |  | XXXX A D |
| XXXX | 4350119815 | XXXX |  | XXXX D A |
| XXXX | 4350119774 | XXXX |  | XXXX B A |
| XXXX | 4350119849 | XXXX |  | XXXX C A D |
| XXXX | 4350119816 | XXXX |  | XXXX D A B |
| XXXX | 4350119834 | XXXX |  | XXXX D A |
| XXXX | 4350119839 | XXXX |  | XXXX D A B |
| XXXX | 4350119841 | XXXX |  | XXXX A |
| XXXX | 4350119845 | XXXX |  | XXXX C D A |
| XXXX | 4350119851 | XXXX |  | XXXX A |
| XXXX | 4350119779 | XXXX |  | XXXX D A B |
| XXXX | 4350119788 | XXXX |  | XXXX D A |
| XXXX | 4350119831 | XXXX |  | XXXX D A |
| XXXX | 4350119842 | XXXX |  | XXXX B A |
| XXXX | 4350119846 | XXXX |  | XXXX A C |
| XXXX | 4350119810 | XXXX |  | XXXX D A B |
| XXXX | 4350119860 | XXXX |  | XXXX D C A |
| XXXX | 4350119836 | XXXX |  | XXXX A |
| XXXX | 4350119771 | XXXX |  | XXXX A |
| XXXX | 4350119777 | XXXX |  | XXXX B A |
| XXXX | 4350119766 | XXXX |  | XXXX D A B |
| XXXX | 4350119832 | XXXX |  | XXXX D A |
| XXXX | 4350119783 | XXXX |  | XXXX A |
| XXXX | 4350119818 | XXXX |  | XXXX B D A |
| XXXX | 4350119826 | XXXX |  | XXXX A |
| XXXX | 4350119843 | XXXX |  | XXXX D A B |
| XXXX | 4350119772 | XXXX |  | XXXX B D A |
| XXXX | 4350119865 | XXXX |  | XXXX B A |
| XXXX | 4350119764 | XXXX |  | XXXX D A B |
| XXXX | 4350119794 | XXXX |  | XXXX D A B |
| XXXX | 4350119773 | XXXX |  | XXXX A |
| XXXX | 4350119873 | XXXX |  | XXXX C A |
| XXXX | 4350119856 | XXXX |  | XXXX B D A |
| XXXX | 4350119800 | XXXX |  | XXXX D A |
| XXXX | 4350119759 | XXXX |  | XXXX B C A |
| XXXX | 4350119806 | XXXX |  | XXXX A D |
| XXXX | 4350119874 | XXXX |  | XXXX C A |
| XXXX | 4350119760 | XXXX |  | XXXX D B A |
| XXXX | 4350119761 | XXXX |  | XXXX D A |

---

## Exhibit 99.38

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.38**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller** | **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Created Date** | **Last Modified Date** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Reviewer Comments** | **Seller Comments** | **Finding Resolution** | **Finding Document** | **Reviewer Comp Factors** | **Originator Comp Factors** | **State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Unique Finding ID** | **Acknowledged / Waived By** | **Waiver in File?** |
| XXXX | XXXX | 4350119852 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Resolved, received rate lock. - Due Diligence Vendor-09/17/2025 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-09/17/2025 <br>Ready for Review-The signature section of the rate lock is specific to the adjustable-rate mortgage. This is NOT an adjustable-rate mortgage. Please clear this defect. - Seller-09/16/2025 <br>Counter-Counter, received a lock in agreement however its missing borrowers signature. - Due Diligence Vendor-09/16/2025 <br>Ready for Review-Document Uploaded. Please see attached - Seller-09/15/2025 <br>Open-Evidence of Rate Lock Missing - Due Diligence Vendor-09/12/2025 | Ready for Review-The signature section of the rate lock is specific to the adjustable-rate mortgage. This is NOT an adjustable-rate mortgage. Please clear this defect. - Seller-09/16/2025 <br>Ready for Review-Document Uploaded. Please see attached - Seller-09/15/2025<br>| Resolved-Resolved, received rate lock. - Due Diligence Vendor-09/17/2025 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-09/17/2025<br>| Lock-In Agreement.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119852 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited FICO is less than Guideline requirements | Waived-Audited FICO of 696 is less than Guideline FICO of 700 Exception on page#XXXX Mid score of 696 and needs 700 for a n 80% Ltv. Exception approved.<br> - Due Diligence Vendor-09/11/2025 |  | Waived-Audited FICO of 696 is less than Guideline FICO of 700 Exception on page#708 Mid score of 696 and needs 700 for a n 80% Ltv. Exception approved.<br> - Due Diligence Vendor-09/11/2025<br>|  |  | Compensating factors:<br> DTI is 20.78%. Maximum allowed per guidelines is 50%.<br> Residual Income is $XXXX. Minimum Residual Income required per guidelines is $XXXX. <br> Borrower has worked in same industry for 30 years, Borrower has worked in same industry more than 5 years. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119852 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV Exceeds Guideline LTV Exception on page#708<br> As per the XXXX dated XXXX, a minimum FICO score of 700 is required for an 80% LTV. However, the borrower's qualifying FICO score is 696. - Due Diligence Vendor-09/11/2025 |  | Waived-Audited LTV Exceeds Guideline LTV Exception on page#708<br> As per the XXXX dated XXXX, a minimum FICO score of 700 is required for an 80% LTV. However, the borrower's qualifying FICO score is 696. - Due Diligence Vendor-09/11/2025 |  |  | Compensating factors:<br> DTI is 20.78%. Maximum allowed per guidelines is 50%.<br> Residual Income is $XXXX. Minimum Residual Income required per guidelines is $XXXX. <br> Borrower has worked in same industry for 30 years, Borrower has worked in same industry more than 5 years. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119847 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received VOE. Resolved - Due Diligence Vendor-10/01/2025 <br>Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-10/01/2025 <br>Ready for Review-Document Uploaded. Please see the attached - Seller-10/01/2025 <br>Open-Borrower 1 3rd Party VOE Prior to Close Missing Missing 3rd Party VOE completed prior to close. XXXX provided does not list the day the VOE was completed. - Due Diligence Vendor-09/30/2025 | Ready for Review-Document Uploaded. Please see the attached - Seller-10/01/2025<br>| Resolved-Received VOE. Resolved - Due Diligence Vendor-10/01/2025 <br>Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-10/01/2025<br>| Income - XXXX.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119847 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Business Narrative received. Resolved - Due Diligence Vendor-10/01/2025 <br>Ready for Review-Document Uploaded. Please see attached - Seller-10/01/2025 <br>Open-Missing Business Narrative. - Due Diligence Vendor-09/30/2025 | Ready for Review-Document Uploaded. Please see attached - Seller-10/01/2025<br>| Resolved-Business Narrative received. Resolved - Due Diligence Vendor-10/01/2025<br>| Business Narrative.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119847 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Property | Appraisal | Property/Appraisal General | Waived-Exception in file on page#XXXX:<br> Condo exception - Project has outstanding Critical Repairs related to fascia wood rot, unsealed penetrations to the exterior, cracks and sealant for steps and walking area, stucco cracks, damaged EIFS throughout the exterior of the building, damaged asphalt shingles, flashing, and balconies. The balconies that required immediate repairs are completed, based on this information we have concluded that the subject unit is not affected by these critical repairs any longer since they have been completed. They are in the process of getting bids and are estimating the cost to total $XXXX to XXXX. They will be doing a special assessment to cover the remaining costs that cannot be covered by their reserves where they currently hold a balance of $XXXX. This Project demonstrates financial stability by allocating 10% in reserves annually. - Due Diligence Vendor-09/29/2025 |  | Waived-Exception in file on page#526:<br> Condo exception - Project has outstanding Critical Repairs related to fascia wood rot, unsealed penetrations to the exterior, cracks and sealant for steps and walking area, stucco cracks, damaged EIFS throughout the exterior of the building, damaged asphalt shingles, flashing, and balconies. The balconies that required immediate repairs are completed, based on this information we have concluded that the subject unit is not affected by these critical repairs any longer since they have been completed. They are in the process of getting bids and are estimating the cost to total $XXXX to $XXXX. They will be doing a special assessment to cover the remaining costs that cannot be covered by their reserves where they currently hold a balance of $XXXX. This Project demonstrates financial stability by allocating 10% in reserves annually. - Due Diligence Vendor-09/29/2025 |  |  | Borrower has worked in same job more than 3 years<br> Credit Score is 725. Minimum required per guidelines is 700.<br> DTI is 20.49%. Maximum allowed per guidelines is 50%. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119775 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Received CDA. Resolved - Due Diligence Vendor-11/13/2025 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-11/13/2025 <br>Ready for Review-Document Uploaded. - Seller-11/13/2025 <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 Secondary Valuation. CU score is greater than 2.5. - Due Diligence Vendor-11/07/2025 | Ready for Review-Document Uploaded. - Seller-11/13/2025<br>| Resolved-Received CDA. Resolved - Due Diligence Vendor-11/13/2025 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-11/13/2025<br>| XXXX_RDA.pdf |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119775 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received Business Narrative. - Due Diligence Vendor-11/13/2025 <br>Ready for Review-Document Uploaded. - Seller-11/12/2025 <br>Open-Provide Business Narrative. - Due Diligence Vendor-11/07/2025 | Ready for Review-Document Uploaded. - Seller-11/12/2025<br>| Resolved-Received Business Narrative. - Due Diligence Vendor-11/13/2025<br>| Business Narrative.pdf |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119775 | 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-11/13/2025 <br> Ready for Review-Document Uploaded. - Seller-11/12/2025 <br> Open-Title Coverage Amount of $XXXX is Less than Loan Amount Provide Title policy covering the loan amount of $XXXX. Title provided had insufficient coverage. - Due Diligence Vendor-11/07/2025 | Ready for Review-Document Uploaded. - Seller-11/12/2025<br>| Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-11/13/2025 | Title - Policy - Short Form Policy.pdf |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119775 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Bank Statement Summary / Lender Worksheet Missing | Resolved-Asset Depletion income worksheet provided. - Due Diligence Vendor-11/13/2025 <br> Ready for Review-Document Uploaded. - Seller-11/12/2025 <br> Open-Provide Asset Depletion income worksheet in the amount of $XXXX. - Due Diligence Vendor-11/07/2025 | Ready for Review-Document Uploaded. - Seller-11/12/2025<br>| Resolved-Asset Depletion income worksheet provided. - Due Diligence Vendor-11/13/2025<br>| Asset Depletion Calculator.pdf |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119775 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Credit | Deficient Income Documentation | Waived-Exception provided on page #377, requested for Use of supplemental Asset Depletion income even though this income is under 25% of total qualifying income - this use allows for final DTI below 50% - Due Diligence Vendor-11/07/2025 |  | Waived-Exception provided on page #377, requested for Use of supplemental Asset Depletion income even though this income is under 25% of total qualifying income - this use allows for final DTI below 50% - Due Diligence Vendor-11/07/2025<br>|  |  | Borrower has worked in same industry more than 5 years.<br> Borrower(s) have 14.87 months Reserves. Minimum required per guidelines is 6 months.<br> Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months. | XXXX | Second Home | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119866 | 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 5.99 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-12/16/2025 <br> Resolved-entered the closing proceeds to resolve shortage - resolved - Due Diligence Vendor-12/15/2025 <br> Ready for Review-Document Uploaded. XXXX - attached current bank stmts for acct XXXX show $XXXX balance to be used as reserves as they are liquid and not a part of any funds that were used to close. Being this account is listed on your assets, it should and is sufficient to cover the 3 months reserves. please review to clear or provide more clarification - Seller-12/11/2025 <br> Counter- - Due Diligence Vendor-12/10/2025 <br> Ready for Review-Document Uploaded. - Seller-12/05/2025 <br> Counter-received updated 1003/1008 - this does not satisfy the asset shortage of - $XXXX. need additional assets - Due Diligence Vendor-12/03/2025 <br> Ready for Review-Document Uploaded. Updated 1003/1008 - Seller-12/01/2025 <br> Counter-received authorization and joint asset stmt - Assets in amount of $XXXX are from the XXXX bank stmt.<br> $XXXX is gift of equity and not used for reserves file still short reserves - $XXXX - Due Diligence Vendor-11/21/2025 <br> Ready for Review-Document Uploaded. Assets - Statement - Seller-11/20/2025 <br> Counter-assets in amount of $XXXX are from the XXXX bank stmt<br> most recent bank statement in file is XXXX with bal of XXXX<br> other assets in file are from joint account with bwr and spouse for XXXX but authorization from non bwr not in file.<br>XXXX is gift of equity and not used for reserves<br>file still short reserves - $XXXX<br>$XXXX<br> $XXXX<br> =$XXXX<br>assets in file<br> $XXXX<br>available assets after reserves<br> -$XXXX<br> - Due Diligence Vendor-11/14/2025 <br> Ready for Review-Document Uploaded. We should have plenty of assets. Screenshot provided. - Seller-11/13/2025 <br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 3 month(s) XXXX requires 3 months of reserves for loans with an LTV of 80% or less. loan file does not reflect sufficient assets to meet the minimum reserve requirement. - Due Diligence Vendor-11/11/2025 | countering for client to update - 12/10/2025 <br>Ready for Review-Document Uploaded. XXXX - attached current bank stmts for XXXX show $XXXXk balance to be used as reserves as they are liquid and not a part of any funds that were used to close. Being this account is listed on your assets, it should and is sufficient to cover the 3 months reserves. please review to clear or provide more clarification - Seller-12/11/2025 <br> Ready for Review-Document Uploaded. - Seller-12/05/2025 <br> Ready for Review-Document Uploaded. Updated 1003/1008 - Seller-12/01/2025 <br> Ready for Review-Document Uploaded. Assets - Statement - Seller-11/20/2025 <br> Ready for Review-Document Uploaded. We should have plenty of assets. Screenshot provided. - Seller-11/13/2025 | Resolved-Audited Reserves of 5.99 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-12/16/2025 <br>Resolved-entered the closing proceeds to resolve shortage - resolved - Due Diligence Vendor-12/15/2025<br>| XXXX Seller Cert.pdf<br> Assets.pdf<br> 1003.1008.pdf<br> 1003.pdf<br> XXXX Seller Cert.pdf<br> XXXX recent funds to support XXXX for reserves.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119866 | 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-11/20/2025 <br>Ready for Review-Document Uploaded. Access letter - Seller-11/20/2025 <br>Open-authorization to access funds not in file - Due Diligence Vendor-11/14/2025 <br>Open-Asset Record 2 Does Not Meet G/L Requirements - Due Diligence Vendor-11/14/2025 | Ready for Review-Document Uploaded. Access letter - Seller-11/20/2025<br>| Resolved-Asset Record 2 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-11/20/2025<br>| Access Letter.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119866 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Property | Appraisal | Property/Appraisal General | Resolved-Updated appraisal doc provided. Resolved<br> - Due Diligence Vendor-11/20/2025 <br>Ready for Review-Document Uploaded. Updated appraisal - Seller-11/19/2025 <br>Open-The presence of a gift of equity indicates that the sale is a non-arm's length transaction. However, the appraiser noted on page 42 of the appraisal that the subject property is an arm's length transaction. - Due Diligence Vendor-11/11/2025 | Ready for Review-Document Uploaded. Updated appraisal - Seller-11/19/2025<br>| Resolved-Updated appraisal doc provided. Resolved<br> - Due Diligence Vendor-11/20/2025<br>| Appraisal.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119867 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document is Partially Present | Resolved-Provided LOX shows effective date will be through XXXX. Updated & resolved. - Due Diligence Vendor-12/23/2025 <br> Ready for Review-Document Uploaded. The Final Title Policy is not ready yet. Title has confirmed the effective date will be through 11/10/25. See their email. - Seller-12/22/2025 <br> Open-Provide updated title document as the one on file is missing effective date or commitment date. - Due Diligence Vendor-11/14/2025 | Ready for Review-Document Uploaded. The Final Title Policy is not ready yet. Title has confirmed the effective date will be through XXXX. See their email. - Seller-12/22/2025 | Resolved-Provided LOX shows effective date will be through XXXX. Updated & resolved. - Due Diligence Vendor-12/23/2025 | XXXX Email.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119867 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-There are uncleared alerts in fraud Report, provided Updated fraud report, changes made in system, Finding Resolved - Due Diligence Vendor-11/19/2025 <br> Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-11/19/2025 <br> Ready for Review-Document Uploaded. Cleared alerts - Seller-11/18/2025 <br> Open-Fraud Report Shows Uncleared Alerts Per the XXXXpage # 27 a clear fraud report is required. The Fraud report in file (page #185) is showing high 1 uncleared alert. The required cleared Fraud report is missing. <br> - Due Diligence Vendor-11/13/2025 | Ready for Review-Document Uploaded. Cleared alerts - Seller-11/18/2025<br>| Resolved-There are uncleared alerts in fraud Report, provided Updated fraud report, changes made in system, Finding Resolved - Due Diligence Vendor-11/19/2025 <br>Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-11/19/2025<br>| Cleared Alerts.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119768 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Bank Statement Summary / Lender Worksheet Missing | Resolved-Asset Depletion calculator provided. - Due Diligence Vendor-11/26/2025 <br> Ready for Review-Document Uploaded. See the attached - Seller-11/25/2025 <br> Open-Provide Asset Depletion calculator to support income used in the amount of $XXXX. - Due Diligence Vendor-11/24/2025 | Ready for Review-Document Uploaded. See the attached - Seller-11/25/2025<br>| Resolved-Asset Depletion calculator provided. - Due Diligence Vendor-11/26/2025<br>| Asset Depletion Calculator.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119768 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Waived-Audited DTI Exceeds Guideline DTI As per XXXX Max DTI is 50%, however Audited DTI of 50.17%, Exception provided on page #409 for DTI to exceed guideline and go up to 51.3%, also using some supplemental Asset Depletion so far but only an 8% portion of total income. - Due Diligence Vendor-11/24/2025 |  | Waived-Audited DTI Exceeds Guideline DTI As per XXXX Max DTI is 50%, however Audited DTI of 50.17%, Exception provided on page #409 for DTI to exceed guideline and go up to 51.3%, also using some supplemental Asset Depletion so far but only an 8% portion of total income. - Due Diligence Vendor-11/24/2025 |  |  | Borrower has worked in same job more than 5 years<br> Borrower has worked in same industry more than 5 years<br> Borrower(s) have 24.26 months Reserves. Minimum required per guidelines is 6 months. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119768 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI Requirements | Waived-Audited DTI of 50.17% exceeds Guideline DTI of 50% As per XXXX Max DTI is 50%, however Audited DTI of 50.17%, Exception provided on page #409 for DTI to exceed guideline and go up to 51.3%, also using some supplemental Asset Depletion so far but only an 8% portion of total income. - Due Diligence Vendor-11/23/2025 |  | Waived-Audited DTI of 50.17% exceeds Guideline DTI of 50% As per rime Non-Agency GL Max DTI is 50%, however Audited DTI of 50.17%, Exception provided on page #409 for DTI to exceed guideline and go up to 51.3%, also using some supplemental Asset Depletion so far but only an 8% portion of total income. - Due Diligence Vendor-11/23/2025<br>|  |  | Borrower has worked in same job more than 5 years<br> Borrower has worked in same industry more than 5 years<br> Borrower(s) have 24.26 months Reserves. Minimum required per guidelines is 6 months. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119820 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV Requirements | Open-Audited CLTV of 75% exceeds Guideline CLTV of 70% We have Exception in file on page #293 for "Exception request to go to 75% LTV cash-out with score under 700", Recommends waiving as we have sufficient comp factors. - Due Diligence Vendor-11/25/2025 |  |  |  |  | DSCR is 1.252. Minimum required per guidelines is 0.75.<br> Borrower(s) have 63.02 months Reserves. Minimum required per guidelines is 6 months.<br> Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119767 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Received Asset Depletion calculator. Resolved - Due Diligence Vendor-11/26/2025 <br>Resolved-Validation Resolved' - Due Diligence Vendor-11/26/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-11/26/2025 <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Provide Asset Depletion Calculator to verify B1 income. - Due Diligence Vendor-11/25/2025 | Ready for Review-Document Uploaded. See attached - Seller-11/26/2025<br>| Resolved-Received Asset Depletion calculator. Resolved - Due Diligence Vendor-11/26/2025 <br>Resolved-Validation Resolved' - Due Diligence Vendor-11/26/2025<br>| BW-Asset Depletion Calculator FINAL.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119767 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance (XXXX) | Resolved-Received Change of Circumstance. Resolved - Due Diligence Vendor-11/26/2025 <br> Resolved-Resolved - Due Diligence Vendor-11/26/2025 <br> Ready for Review-Document Uploaded. see attached - Seller-11/26/2025 <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: Underwriting Fee, 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. (XXXX); XXXX. Provide COC or lender credits to cure tolerance. Appraisal fee increased $XXXX from initial and UW Fee increased $XXXX:<br>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: Underwriting Fee, 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. XXXX - Due Diligence Vendor-11/25/2025 <br> Open- - Due Diligence Vendor-11/25/2025 | Ready for Review-Document Uploaded. see attached - Seller-11/26/2025<br>| Resolved-Received Change of Circumstance. Resolved - Due Diligence Vendor-11/26/2025 <br>Resolved-Resolved - Due Diligence Vendor-11/26/2025<br>| Changed Circumstances.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119767 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Received evidence of rate lock. Resolved - Due Diligence Vendor-11/26/2025 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-11/26/2025 <br>Ready for Review-Document Uploaded. see attached - Seller-11/26/2025 <br>Open-Evidence of Rate Lock Missing Provide Evidence of Rate Lock. - Due Diligence Vendor-11/25/2025 | Ready for Review-Document Uploaded. see attached - Seller-11/26/2025<br>| Resolved-Received evidence of rate lock. Resolved - Due Diligence Vendor-11/26/2025 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-11/26/2025<br>| Lock-In Agreement.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119785 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Condo project is ineligible | Waived-Approved exception received; Condition waived - Due Diligence Vendor-12/01/2025 <br> Waived- - Due Diligence Vendor-12/01/2025 <br> Ready for Review-Document Uploaded. See attached - Seller-11/28/2025 <br> Open-Provide Condo exception - 1) Master policy has an excessive 7.5% wind/hail deductible. 2) Project has outstanding critical repairs that are to be completed in the next 90 days. The repairs are for XXXX bracing. The project demonstrates financial stability by allocating 10% in replacement reserve funding and hold a current reserve account balance of $XXXX. - Due Diligence Vendor-11/26/2025 | Ready for Review-Document Uploaded. See attached - Seller-11/28/2025<br>| Waived-Approved exception received; Condition waived - Due Diligence Vendor-12/01/2025<br>| Loan Approval.pdf |  | Credit Score is 756. Minimum required per guidelines is 740.<br> Borrower(s) have 87.30 months Reserves. Minimum required per guidelines is 6 months.<br> Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119808 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-Prior home gifted to relative and email sufficient to document rent free status - Due Diligence Vendor-12/19/2025 <br> Ready for Review-Document Uploaded. Please see the attached email lox from the borrower regarding the property. - Seller-12/19/2025 <br> Open-Housing History Does Not Meet Guideline Requirements The borrower has been living in the current residence for the past 3 months and previously resided at XXXX for over 3 years. Provide A Verification of Mortgage (VOM) or a rent-free Letter of Explanation (LOX) is required to document 12 months of housing history. - Due Diligence Vendor-11/27/2025 | Ready for Review-Document Uploaded. Please see the attached email lox from the borrower regarding the property. - Seller-12/19/2025<br>| Resolved-Prior home gifted to relative and email sufficient to document rent free status - Due Diligence Vendor-12/19/2025<br>| XXXX Email.pdf |  |  | XXXX | Primary Residence | Delayed Purchase | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119808 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Property | Property | Property is listed for sale | Resolved-Received. Settlement court docs for funds used to acquire and CD showing no mortgage. - Due Diligence Vendor-12/09/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/08/2025 <br>Counter-For Delayed Financing transactions provide the following: <br> 1) The original purchase transaction must be documented by the HUD-1/CD which confirms that no mortgage financing was used to obtain the subject property.<br> 2) Document the Source of Funds that was used to purchase the subject property - Due Diligence Vendor-12/04/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/03/2025 <br>Open-Provide HUD-1/CD from Acquisition of the subject property and evidence source of funds used to acquire. - Due Diligence Vendor-11/27/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/08/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/03/2025<br>| Resolved-Received. Settlement court docs for funds used to acquire and CD showing no mortgage. - Due Diligence Vendor-12/09/2025<br>| Closing Disclosure (CD) - Final.pdf<br>Closing Disclosure (CD) - Final.pdf<br>Final CD for Purchase.pdf<br>Final CD for Purchase.pdf<br>Funds to Purch - Lawsuit settlement.pdf<br>Funds to Purch - Lawsuit settlement.pdf |  |  | XXXX | Primary Residence | Delayed Purchase | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119808 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan meets HPML guidelines. - Due Diligence Vendor-12/02/2025 <br> Rescinded-The loan's (XXXX) APR equals or exceeds the Federal HPML threshold of (7.67%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is XXXX).(XXXX This loan failed the higher-priced mortgage loan test. XXXXX)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 XXXX 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 #407 and the Final Closing disclosure on Pg #134 reflects escrows. Rate lock date was entered correctly – see Pg #132 An interior and exterior appraisal was completed for this property – see Pg #42-56, the appraisal disclosure was provided to the borrower(s)- see Pg #416 and copy of the appraisal was given to the borrower(pg.70) – see Pg #28 for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-11/27/2025 <br> Open- - Due Diligence Vendor-12/01/2025 <br> Open- - Due Diligence Vendor-12/01/2025 <br> Open- - Due Diligence Vendor-11/27/2025 <br> Open- - Due Diligence Vendor-11/27/2025 |  | Resolved-The loan meets HPML guidelines. - Due Diligence Vendor-12/02/2025 <br> Rescinded-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX%).(XXXX) This loan failed the higher-priced mortgage loan test. (XXXX)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 XXXX, 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 #407 and the Final Closing disclosure on Pg #134 reflects escrows. Rate lock date was entered correctly – see Pg #132 An interior and exterior appraisal was completed for this property – see Pg #42-56, the appraisal disclosure was provided to the borrower(s)- see Pg #416 and copy of the appraisal was given to the borrower(pg.70) – see Pg #28 for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-11/27/2025 |  |  |  | XXXX | Primary Residence | Delayed Purchase | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119814 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Resolved, received initial CD. - Due Diligence Vendor-12/10/2025 <br> Ready for Review-Document Uploaded. see attached - Seller-12/09/2025 <br> Open-TRID: Missing Closing Disclosure Missing initial closing disclosure dated XXXX. CD's in file dated XXXX and XXXX. - Due Diligence Vendor-12/09/2025 | Ready for Review-Document Uploaded. see attached - Seller-12/09/2025<br>| Resolved-Resolved, received initial CD. - Due Diligence Vendor-12/10/2025<br>| ICD XXXX.pdf<br> ICD XXXX.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119814 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Resolved, received both self employment business narratives. - Due Diligence Vendor-12/09/2025 <br> Ready for Review-Document Uploaded. Sorry, please see attached - Seller-12/08/2025 <br> Counter-Counter, missing business narrative for XXXX Received business narrative for XXXX. - Due Diligence Vendor-12/05/2025 <br> Ready for Review-Document Uploaded. See attached - Seller-12/04/2025 <br> Open-Business Narrative missing in file. - Due Diligence Vendor-11/28/2025 | Ready for Review-Document Uploaded. Sorry, please see attached - Seller-12/08/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/04/2025<br>| Resolved-Resolved, received both self employment business narratives. - Due Diligence Vendor-12/09/2025<br>| XXXX Living Business Narrative.pdf<br> XXXX Living Business Narrative.pdf<br> XXXX Business Narrative Updated.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119814 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Resolved, received rate lock. - Due Diligence Vendor-12/05/2025 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-12/05/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/04/2025 <br>Open-Evidence of Rate Lock Missing in file. - Due Diligence Vendor-11/28/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/04/2025<br>| Resolved-Resolved, received rate lock. - Due Diligence Vendor-12/05/2025 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-12/05/2025<br>| Lock history May.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119848 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 Photo Identification Type Missing | Resolved-Eligible Borrower 2 Photo Identification (Driver's license) provided. - Due Diligence Vendor-12/05/2025 <br>Resolved-Validation Resolved or Not Applicable - Due Diligence Vendor-12/05/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/04/2025 <br>Open-Borrower 2 Photo Identification Missing. Please provide valid photo identification per guideline requirements. Borrower 2 Photo Identification (Driver's license) on page#363 is cut off at the top. Unable to verify whether provided ID is Real ID or Not for federal use. - Due Diligence Vendor-12/02/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/04/2025<br>| Resolved-Eligible Borrower 2 Photo Identification (Driver's license) provided. - Due Diligence Vendor-12/05/2025 <br>Resolved-Validation Resolved or Not Applicable - Due Diligence Vendor-12/05/2025<br>| Identification - Drivers License_3.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119848 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-Resolved. Page 4 of F1003 provided reflecting Primary Residence does not have a mortgage. - Due Diligence Vendor-12/08/2025 <br>Ready for Review-Document Uploaded. Please clear - Seller-12/08/2025 <br>Counter-Final 1003 is incomplete. Page 4 of 11 is missing from file. - Due Diligence Vendor-12/05/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/04/2025 <br>Open-Housing History Does Not Meet Guideline Requirements Borrower currently living for own in current address for 1 year. Reo page missing from final 1003. Need VOM or property report to verify 12 Months Housing History or free and clear<br> - Due Diligence Vendor-12/02/2025 | Ready for Review-Document Uploaded. Please clear - Seller-12/08/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/04/2025<br>| Resolved-Resolved. Page 4 of F1003 provided reflecting Primary Residence does not have a mortgage. - Due Diligence Vendor-12/08/2025<br>| REO Misc.pdf<br> 1003 - Uniform Residential Loan Application - XXXX.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119848 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-Requested missing page 4 of 11 provided of final 1003 document, updated & condition resolved. - Due Diligence Vendor-12/05/2025 <br>Resolved-The Final 1003 is Present - Due Diligence Vendor-12/05/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/04/2025 <br>Open-The Final 1003 is Incomplete Final 1003 page 4 of 11 is missing from file. Need Complete Final 1003 document. - Due Diligence Vendor-12/02/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/04/2025<br>| Resolved-Requested missing page 4 of 11 provided of final 1003 document, updated & condition resolved. - Due Diligence Vendor-12/05/2025 <br>Resolved-The Final 1003 is Present - Due Diligence Vendor-12/05/2025<br>| 1003 - Uniform Residential Loan Application - XXXX.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119819 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Resolved. Narrative information provided. - Due Diligence Vendor-12/05/2025 <br>Ready for Review-Document Uploaded. See attached, sorry about that - Seller-12/04/2025 <br>Counter-Please attach Business Narrative. Document did not upload. Countered - Due Diligence Vendor-12/03/2025 <br>Ready for Review-See attached - Seller-12/02/2025 <br>Open-Provide Business Narrative. - Due Diligence Vendor-12/01/2025 | Ready for Review-Document Uploaded. See attached, sorry about that - Seller-12/04/2025 <br>Ready for Review-See attached - Seller-12/02/2025<br>| Resolved-Resolved. Narrative information provided. - Due Diligence Vendor-12/05/2025<br>| Business Narrative.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119819 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-12/03/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/02/2025 <br>Open-Evidence of Rate Lock Missing Provide Evidence of Rate Lock. - Due Diligence Vendor-12/01/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/02/2025<br>| Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-12/03/2025<br>| Lock-In Agreement.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119819 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 80% exceeds Guideline LTV of 75% Exception in file on page#386:<br> Higher LTV allowing 80% cash-out XXXX for investment property refi - Due Diligence Vendor-12/01/2025 |  | Waived-Audited LTV of 80% exceeds Guideline LTV of 75% Exception in file on page#386:<br> Higher LTV allowing 80% cash-out XXXX for investment property refi - Due Diligence Vendor-12/01/2025 |  |  | Borrower(s) have 110.35 months Reserves. Minimum required per guidelines is 9 months.<br> DTI is 10.13%. Maximum allowed per guidelines is 50%.<br> Borrower has worked in same job more than 3 years. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119784 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Third Party Market Rent Source (IE. 1007, 1025, etc.) | Resolved-Validation Resolved - Due Diligence Vendor-02/12/2026 <br>Resolved-Third party market rent estimate is missing, a document establishing third party market rent source is missing from file, such as a 1007, 1025, etc. Short term rent document received. - Due Diligence Vendor-12/03/2025 <br>Resolved-Received Short Term rent form. Resolved - Due Diligence Vendor-12/03/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/03/2025 <br>Open-Third party market rent estimate is missing, a document establishing third party market rent source is missing from file, such as a 1007, 1025, etc. Provide short term rental document used for rental income. - Due Diligence Vendor-11/27/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/03/2025<br>| Resolved-Validation Resolved - Due Diligence Vendor-02/12/2026 <br>Resolved-Third party market rent estimate is missing, a document establishing third party market rent source is missing from file, such as a 1007, 1025, etc. Short term rent document received. - Due Diligence Vendor-12/03/2025 <br>Resolved-Received Short Term rent form. Resolved - Due Diligence Vendor-12/03/2025<br>| Appraisal - Short Term Rental Form (STR).pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119784 | 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-12/03/2025 <br> Resolved-Received additional bank statement. Resolved - Due Diligence Vendor-12/03/2025 <br> Open-Asset Record 3 Does Not Meet G/L Requirements - Due Diligence Vendor-12/03/2025 <br> Ready for Review-Document Uploaded. See attached - Seller-12/03/2025 <br> Open-Asset Record 3 Does Not Meet G/L Requirements Provide additional bank statement for XXXX account #XXXX to complete 2 months of bank statements. - Due Diligence Vendor-11/27/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/03/2025<br>| Resolved-Asset Record 3 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-12/03/2025 <br>Resolved-Received additional bank statement. Resolved - Due Diligence Vendor-12/03/2025<br>| XXXX.pdf<br> XXXX.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119784 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Asset do not meet guidelines | Waived-Exception in file on page#400:<br> Borrower has less than 6 months reserves after gift for down-payment - Due Diligence Vendor-11/27/2025 |  | Waived-Exception in file on page#400:<br> Borrower has less than 6 months reserves after gift for down-payment - Due Diligence Vendor-11/27/2025<br>|  |  | Credit Score is 742. Minimum required per guidelines is 720.<br> Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months.<br> Borrower has worked in same job more than 3 years | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119823 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Requested Business Narrative provided for borrower's self employment, updated & condition resolved. - Due Diligence Vendor-12/05/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/04/2025 <br>Open-Provide Business Narrative - Due Diligence Vendor-12/01/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/04/2025<br>| Resolved-Requested Business Narrative provided for borrower's self employment, updated & condition resolved. - Due Diligence Vendor-12/05/2025<br>| Business Narrative - Self Made Drones.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119823 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Property | Property | Property is listed for sale | Waived-Exception provided on page #439. Requested for Exception to 6 month seasoning requirement for cash-out refinance - property recently purchased in cash but also renovated, so loan is true cash-out and not a delayed refi with reimbursement covering the<br> purchase as well as later investment. - Due Diligence Vendor-12/01/2025 |  | Waived-Exception provided on page #439. Requested for Exception to 6 month seasoning requirement for cash-out refinance - property recently purchased in cash but also renovated, so loan is true cash-out and not a delayed refi with reimbursement covering the<br> purchase as well as later investment. - Due Diligence Vendor-12/01/2025<br>|  |  | Credit Score is 789. Minimum required per guidelines is 700.<br> Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months.<br> 116 Months reserves; 9 months required | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119828 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Asset calculator received. - Due Diligence Vendor-12/03/2025 <br>Resolved-Validation Resolved' - Due Diligence Vendor-12/03/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/02/2025 <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Provide Asset Depletion income worksheet. - Due Diligence Vendor-12/01/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/02/2025<br>| Resolved-Asset calculator received. - Due Diligence Vendor-12/03/2025 <br>Resolved-Validation Resolved' - Due Diligence Vendor-12/03/2025<br>| B1 Asset Depletion Calculator_2.pdf<br>B1 Asset Depletion Calculator_2.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119828 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Business Narrative received. Resolved - Due Diligence Vendor-12/03/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/02/2025 <br>Open-Provide Business Narrative. - Due Diligence Vendor-12/01/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/02/2025<br>| Resolved-Business Narrative received. Resolved - Due Diligence Vendor-12/03/2025<br>| Business Narrative - Signed.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119828 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-12/03/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/02/2025 <br>Open-Evidence of Rate Lock Missing Provide Evidence of Rate Lock. - Due Diligence Vendor-12/01/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/02/2025<br>| Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-12/03/2025<br>| Lock-In Agreement.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119828 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Assets | Asset 8 Does Not Meet Guideline Requirements | Waived-Asset 8 Does Not Meet Guideline Requirements Exception on page#638<br> Need exception approval for using gift funds from a parent on investment property purchase, using approximately $XXXX out of the overall down-payment amount. - Due Diligence Vendor-12/01/2025 |  | Waived-Asset 8 Does Not Meet Guideline Requirements Exception on page#638<br> Need exception approval for using gift funds from a parent on investment property purchase, using approximately $XXXX out of the overall down-payment amount. - Due Diligence Vendor-12/01/2025 |  |  | Credit Score is 769. Minimum required per guidelines is 720.<br> Borrower(s) have 111.9 months Reserves. Minimum required per guidelines is 6 months.<br> DTI is 37.47%. Maximum allowed per guidelines is 50%. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119829 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Resolved, received business narrative. - Due Diligence Vendor-12/04/2025 <br>Ready for Review-Document Uploaded. - Seller-12/03/2025 <br>Open-Business Narrative missing in file. - Due Diligence Vendor-12/02/2025 | Ready for Review-Document Uploaded. - Seller-12/03/2025<br>| Resolved-Resolved, received business narrative. - Due Diligence Vendor-12/04/2025<br>| LOX business address and of employees.pdf<br>LOX business address and of employees.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119829 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Payment shock exceeds guideline | Waived-Client elects to waive with the following compensating factors:<br> Exception on page#482:<br> Also payment shock > 150% as new PITI is 159% of the current rent at $XXXX - Due Diligence Vendor-12/01/2025 |  | Waived-Client elects to waive with the following compensating factors:<br> Exception on page#482:<br> Also payment shock > 150% as new PITI is 159% of the current rent at $XXXX - Due Diligence Vendor-12/01/2025 |  |  | DTI is 23.15%. Maximum allowed per guidelines is 50%.<br> Borrower has worked in same job more than 10 years, 10 months.<br> Residual Income is $XXXX. Minimum Residual Income required per guidelines is $XXXX. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119829 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 90% exceeds Guideline LTV of 85% Client elects to waive with the following compensating factors:<br> Exception on page#482<br> Per guidelines 85%LTV exception for 90% - Due Diligence Vendor-12/01/2025 |  | Waived-Audited LTV of 90% exceeds Guideline LTV of 85% Client elects to waive with the following compensating factors:<br> Exception on page#482<br> Per guidelines 85%LTV exception for 90% - Due Diligence Vendor-12/01/2025<br>|  |  | DTI required 50%, Qualifying DTI 23.15%<br> Residual Income requirements $XXXX, Qualifying residual income $XXXXX Borrower has worked in same job more than 3 years | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119829 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV Requirements | Waived-Audited CLTV of 90% exceeds Guideline CLTV of 85% Client elects to waive with the following compensating factors: - Due Diligence Vendor-12/03/2025 |  | Waived-Audited CLTV of 90% exceeds Guideline CLTV of 85% Client elects to waive with the following compensating factors: - Due Diligence Vendor-12/03/2025<br>|  |  | DTI required 50%, Qualifying DTI 23.15%<br> Residual Income requirements $XXXX, Qualifying residual income $XXXXX Borrower has worked in same job more than 3 years | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119829 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited HCLTV Exceeds Guideline HCLTV | Waived-Audited HLTV of 90% exceeds Guideline HCLTV of 85% Client elects to waive with the following compensating factors: - Due Diligence Vendor-12/03/2025 |  | Waived-Audited HLTV of 90% exceeds Guideline HCLTV of 85% Client elects to waive with the following compensating factors: - Due Diligence Vendor-12/03/2025<br>|  |  | DTI required 50%, Qualifying DTI 23.15%<br> Residual Income requirements $XXXX, Qualifying residual income $XXXXX Borrower has worked in same job more than 3 years | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119829 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX). XXXX This loan failed the higher-priced mortgage loan test. (XXXX)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 XXXX, 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 473 and the Final Closing disclosure on Pg#'s 296 reflects escrows. Rate lock date was entered correctly – see Pg#'s 290 An interior and exterior appraisal was completed for this property – see pg 53 the appraisal disclosure was provided to the borrower(s)- see Pg#'s 38, 478 and copy of the appraisal was given to the borrower – see Pg#'s 38, 583 for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-12/01/2025 <br> Open- - Due Diligence Vendor-12/03/2025 <br> Open- - Due Diligence Vendor-12/01/2025 <br> Open- - Due Diligence Vendor-12/01/2025 <br> Open- - Due Diligence Vendor-12/01/2025 |  | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX%).(XXXXThis loan failed the higher-priced mortgage loan test. (XXXX)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 XXXX, 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 473 and the Final Closing disclosure on Pg#'s 296 reflects escrows. Rate lock date was entered correctly – see Pg#'s 290 An interior and exterior appraisal was completed for this property – see pg 53 the appraisal disclosure was provided to the borrower(s)- see Pg#'s 38, 478 and copy of the appraisal was given to the borrower – see Pg#'s 38, 583 for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-12/01/2025 |  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119829 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | Mavent | HigherPriced: APR | Resolved-You submitted no impound amounts for property insurance 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. (XXXX) This loan failed the higher-priced mortgage loan test. (XXXX))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 XXXXX, 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 473 and the Final Closing disclosure on Pg#'s 296 reflects escrows. Rate lock date was entered correctly – see Pg#'s 290 An interior and exterior appraisal was completed for this property – see pg 53 the appraisal disclosure was provided to the borrower(s)- see Pg#'s 38, 478 and copy of the appraisal was given to the borrower – see Pg#'s 38, 583 for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-12/01/2025 <br> Open- - Due Diligence Vendor-12/03/2025 <br> Open- - Due Diligence Vendor-12/01/2025 <br> Open- - Due Diligence Vendor-12/01/2025 <br> Open- - Due Diligence Vendor-12/01/2025 |  | Resolved-You submitted no impound amounts for property insurance 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. (XXXX) This loan failed the higher-priced mortgage loan test. (XXXX(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 XXXX, 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 473 and the Final Closing disclosure on Pg#'s 296 reflects escrows. Rate lock date was entered correctly – see Pg#'s 290 An interior and exterior appraisal was completed for this property – see pg 53 the appraisal disclosure was provided to the borrower(s)- see Pg#'s 38, 478 and copy of the appraisal was given to the borrower – see Pg#'s 38, 583 for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-12/01/2025 |  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119791 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Missing verification of self employment. | Resolved-Resolved. Self Employment Business Narrative received. - Due Diligence Vendor-12/08/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/04/2025 <br>Open-Provide Self Employment Business Narrative - Due Diligence Vendor-12/03/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/04/2025<br>| Resolved-Resolved. Self Employment Business Narrative received. - Due Diligence Vendor-12/08/2025<br>| Business narratives signed.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119793 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Fees: Limited | Resolved-Resolved. PCCD received. - Due Diligence Vendor-12/23/2025 <br> Ready for Review-Document Uploaded. Check and pccd was issued to the borrower via the attached tracking/proof of delivery. see attached - Seller-12/22/2025 <br> Counter-Document provided does resolve fee increases. COC or tolerance cure is required for the following fee increases: The following 10% Tolerance fees increased without a valid Change of Circumstance: Lender Title Policy $XXXX to $XXXX on ICD/FCD, XXXX (XXXX) Fee $XXXX to $XXXX, Recording Service Fee 0 to $XXX on FCD, Notary Fee 0 to $XXXX ICD to $XXXX on FCD - Due Diligence Vendor-12/10/2025 <br> Open- - Due Diligence Vendor-12/10/2025 <br> Ready for Review-Document Uploaded. see attached - Seller-12/09/2025 <br> Open-The following 10% Tolerance fees increased without a valid Change of Circumstance: Lender Title Policy $XXXX to $XXXXon ICD/FCD, XXXX or XXXX (XXXX) Fee $XXXX to $XXXX, Recording Service Fee 0 to $XXXX on FCD, Notary Fee 0 to $XXX ICD to $XXXX on FCD - Due Diligence Vendor-12/08/2025 <br> Open-The total amount of the 10% category fees on the last Closing Disclosure ($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: (Lender's Title Policy, Recording Service Fee, Notary Fee, Abstract Or Title Search 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). (XXXX). - Due Diligence Vendor-12/08/2025 <br> Open- - Due Diligence Vendor-12/08/2025 | Ready for Review-Document Uploaded. Check and pccd was issued to the borrower via the attached tracking/proof of delivery. see attached - Seller-12/22/2025 <br>Ready for Review-Document Uploaded. see attached - Seller-12/09/2025<br>| Resolved-Resolved. PCCD received. - Due Diligence Vendor-12/23/2025<br>| cure details.pdf<br>Closing Disclosure (CD) - Post-Consummation.pdf<br>XXXXtracking for pccd and check.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119793 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Resolved. 12 month Business Bank Statement Income Worksheet provided. - Due Diligence Vendor-12/12/2025 <br>Resolved-Validation Resolved' - Due Diligence Vendor-12/12/2025 <br>Ready for Review-Document Uploaded. Please see attached - Seller-12/11/2025 <br>Counter-12 month Business Bank Statement Income Worksheet missing. - Due Diligence Vendor-12/08/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/05/2025 <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Bank Statement Summary Lender Worksheet / Income Calculator missing from loan file. - Due Diligence Vendor-12/03/2025 | Ready for Review-Document Uploaded. Please see attached - Seller-12/11/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/05/2025<br>| Resolved-Resolved. 12 month Business Bank Statement Income Worksheet provided. - Due Diligence Vendor-12/12/2025 <br>Resolved-Validation Resolved' - Due Diligence Vendor-12/12/2025<br>| Income Calculation Worksheet.pdf<br>Bank Statement Calculator.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119793 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Federal - Closing Disclosure and Consummation Date | Resolved-Resolved. Proof of delivery/receipt provided. - Due Diligence Vendor-12/10/2025 <br> Resolved- - Due Diligence Vendor-12/10/2025 <br> Ready for Review-See other condition pertaining to ICD - Seller-12/09/2025 <br> Open-Proof of receipt of initial CD dated XXXX 3 days prior to closing date XXXX missing. - Due Diligence Vendor-12/08/2025 <br> Open- - Due Diligence Vendor-12/08/2025 <br> Open- - Due Diligence Vendor-12/08/2025 <br> Open-The Initial Closing Disclosure Received Date of (XXXX0) is not three business days before the consummation date of (XXXX1). 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)) - Due Diligence Vendor-12/08/2025 | Ready for Review-See other condition pertaining to ICD - Seller-12/09/2025<br>| Resolved-Resolved. Proof of delivery/receipt provided. - Due Diligence Vendor-12/10/2025 <br>Resolved- - Due Diligence Vendor-12/10/2025<br>| consent received ICD.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119793 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Resolved. Proof of receipt/delivery provided. - Due Diligence Vendor-12/10/2025 <br> Ready for Review-Document Uploaded. Please consider attached - Seller-12/09/2025 <br> Counter-Proof of receipt of Initial CD misisng. - Due Diligence Vendor-12/08/2025 <br> Ready for Review-Document Uploaded. See attached - Seller-12/05/2025 <br> Open-TRID: Missing Closing Disclosure Initial Closing Disclosure and any intermediate Closing Disclosures are missing from file. Final Closing Disclosure dated XXXX is only closing disclosure present. - Due Diligence Vendor-12/03/2025 | Ready for Review-Document Uploaded. Please consider attached - Seller-12/09/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/05/2025<br>| Resolved-Resolved. Proof of receipt/delivery provided. - Due Diligence Vendor-12/10/2025<br>| iCD.pdf<br>consent received ICD.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119793 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance (XXXX) | Resolved- - Due Diligence Vendor-12/08/2025 <br> Resolved- - Due Diligence Vendor-12/08/2025 <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: Lender's Title Policy, Title Endorsement Fee, Recording Service Fee, Notary 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. (XXXX). - Due Diligence Vendor-12/08/2025 |  | Resolved- - Due Diligence Vendor-12/08/2025<br>|  |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119793 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Requested Business Narrative provided, updated & condition resolved. - Due Diligence Vendor-12/08/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/05/2025 <br>Open-Business Narrative missing from file. Unable to verify borrower ownership % in the business. - Due Diligence Vendor-12/03/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/05/2025<br>| Resolved-Requested Business Narrative provided, updated & condition resolved. - Due Diligence Vendor-12/08/2025<br>| Business Narrative.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119793 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 80% exceeds Guideline LTV of 75% Exception in file on page 362 & 177:<br> UW Exception for 80% LTV on an XXXX cash-out. - Due Diligence Vendor-12/03/2025 |  | Waived-Audited LTV of 80% exceeds Guideline LTV of 75% Exception in file on page 362 & 177:<br> UW Exception for 80% LTV on an XXXX cash-out. - Due Diligence Vendor-12/03/2025<br>|  |  | <br> Borrower has worked in same industry more than 5 years<br> Qualifying Score is 741 > minimum required 700.<br> Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 24 months. | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119793 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Assets | Cash Out Does Not Meet Guideline Requirements | Waived-Cash Out is not completed according to the guideline requirements Exception in file on page 362 & 177:<br> Seasoning exception for cash-out, property has been occupied and has first mortgage by borrower, but recent ownership has been under an irrevocable trust entity - will be deeded to personal name to now close in acceptable position. - Due Diligence Vendor-12/03/2025 |  | Waived-Cash Out is not completed according to the guideline requirements Exception in file on page 362 & 177:<br> Seasoning exception for cash-out, property has been occupied and has first mortgage by borrower, but recent ownership has been under an irrevocable trust entity - will be deeded to personal name to now close in acceptable position. - Due Diligence Vendor-12/03/2025<br>|  |  | <br> Borrower has worked in same industry more than 5 years<br> Qualifying Score is 741 > minimum required 700.<br> Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 24 months. | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119780 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Homeowners Association Questionnaire | Resolved- - Due Diligence Vendor-12/10/2025 <br>Resolved-Received Condo Questionnaire; pending litigation reflects HOA as the plaintiff - Due Diligence Vendor-12/10/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/09/2025 <br>Counter-Litigation court document is not sufficient. Provide complete full condominium questionnaire. - Due Diligence Vendor-12/09/2025 <br>Ready for Review-Document Uploaded. Please see attached - Seller-12/08/2025 <br>Open-HOA Questionnaire is Missing or Partial. Provide Condo Questionnaire - Due Diligence Vendor-12/04/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/09/2025 <br>Ready for Review-Document Uploaded. Please see attached - Seller-12/08/2025<br>| Resolved-Received Condo Questionnaire; pending litigation reflects HOA as the plaintiff - Due Diligence Vendor-12/10/2025<br>| Litigation document.pdf<br>Questionnaire.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119780 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | HigherPriced:APR | XXXX - Rate Spread Home Loan (First Lien XXXX)(Conforming) | Waived-The loan's (XXXX%) APR equals or exceeds the XXXX Rate Spread Home Loan first lien conforming loan threshold of (XXXX%). 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 closed end loan secured by a 1-4 unit dwelling is (XXXX%).(XXXX) The loan's (XXXX%) APR equals or exceeds the XXXX Rate Spread Home Loan first lien conforming loan threshold of (XXXX%). 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 closed end loan secured by a 1-4 unit dwelling is (XXXX%). This is State specific finding.<br>Per XXXX Escalations - XXXX Rate Spread should be waived and downgraded to an EV2 since loan meets HPML guidelines. - Due Diligence Vendor-12/05/2025 <br> Open- - Due Diligence Vendor-12/08/2025 <br> Open- - Due Diligence Vendor-12/05/2025 <br> Open- - Due Diligence Vendor-12/05/2025 <br> Open- - Due Diligence Vendor-12/05/2025 <br> Open- - Due Diligence Vendor-12/05/2025 <br> Open- - Due Diligence Vendor-12/05/2025 |  | Waived-The loan's (XXXX%) APR equals or exceeds the XXXX Rate Spread Home Loan first lien conforming loan threshold of (XXXX%). 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 closed end loan secured by a 1-4 unit dwelling is (XXXX%).(XXXXThe loan's (XXXX%) APR equals or exceeds the XXXX Rate Spread Home Loan first lien conforming loan threshold of (XXXX%). 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 closed end loan secured by a 1-4 unit dwelling is (XXXX%). This is State specific finding.<br>Per XXXX Escalations - XXXX Rate Spread should be waived and downgraded to an EV2 since loan meets HPML guidelines. - Due Diligence Vendor-12/05/2025 |  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | Investor Post-Close | No |
| XXXX | XXXX | 4350119780 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Condo project is ineligible | Waived-Exception provided on page #766, Condo exceptions - 1) Project has Outstanding critical repairs for Patio repairs (the elevated floor has completely failed near the south wall of the courtyard) and boiler/HVAC repairs, this is funded through a special assessment. 50% of the units are delinquent, but 50% of the entire special assessment has been collected. The total cost of the project is $XXXX. The subject unit is not directly part of the outstanding repairs. The subject unit has paid in full. The ETA of completion is unknown as they have not officially begun. They anticipate the completion in the first quarter of next year. 2) Project only has Master Insurance with Functional replacement cost on Master Policy. 3) Master policy also has an Excessive per unit water deductible.<br> Borrower has obtained loss of use coverage on their insurance policy to absorb the difference for the<br> cost of the excessive per unit deductible. This project demonstrates financial stability by allocating 10%<br> in reserves annually and currently hold a reserve balance of $89,102. - Due Diligence Vendor-12/05/2025 |  | Waived-Exception provided on page #766, Condo exceptions - 1) Project has Outstanding critical repairs for Patio repairs (the elevated floor has completely failed near the south wall of the courtyard) and boiler/HVAC repairs, this is funded through a special assessment. 50% of the units are delinquent, but 50% of the entire special assessment has been collected. The total cost of the project is $XXXX. The subject unit is not directly part of the outstanding repairs. The subject unit has paid in full. The ETA of completion is unknown as they have not officially begun. They anticipate the completion in the first quarter of next year. 2) Project only has Master Insurance with Functional replacement cost on Master Policy. 3) Master policy also has an Excessive per unit water deductible.<br> Borrower has obtained loss of use coverage on their insurance policy to absorb the difference for the<br> cost of the excessive per unit deductible. This project demonstrates financial stability by allocating 10%<br> in reserves annually and currently hold a reserve balance of $XXXX. - Due Diligence Vendor-12/05/2025 |  |  | DTI is 31.41%. Maximum allowed per guidelines is 50%.<br> Credit Score is 742. Minimum required per guidelines is 700.<br> LTV is 80%/Max is 85% | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119780 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Ineligible Housing History per program guidelines | Waived-Exception provided on page #766, requested to allow "rent free" current address with a friend rather than relative as guide states. Borrower was supposed to close XXXX previous lender could not close on loan so had to move in with friend until closing. - Due Diligence Vendor-12/05/2025 |  | Waived-Exception provided on page #766, requested to allow "rent free" current address with a friend rather than relative as guide states. Borrower was supposed to close XXXX previous lender could not close on loan so had to move in with friend until closing. - Due Diligence Vendor-12/05/2025 |  |  | DTI is 31.41%. Maximum allowed per guidelines is 50%.<br> Credit Score is 742. Minimum required per guidelines is 700.<br> LTV is 80%. Max is 85% | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119780 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX%).(XXXX This loan failed the higher-priced mortgage loan test. (XXXX)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 XXXX, 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 #706 and the Final Closing disclosure on Pg #106 reflects escrows. Rate lock date was entered correctly – see Pg #724 An interior and exterior appraisal was completed for this property – see Pg #69-72, the appraisal disclosure was provided to the borrower(s)- see Pg #720 and copy of the appraisal was given to the borrower – see Pg #56 for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-12/05/2025 <br> Open- - Due Diligence Vendor-12/08/2025 <br> Open- - Due Diligence Vendor-12/05/2025 <br> Open- - Due Diligence Vendor-12/05/2025 <br> Open- - Due Diligence Vendor-12/05/2025 <br> Open- - Due Diligence Vendor-12/05/2025 <br> Open- - Due Diligence Vendor-12/05/2025 |  | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX%).(XXXX This loan failed the higher-priced mortgage loan test. (XXXX(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 XXXX, 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 #706 and the Final Closing disclosure on Pg #106 reflects escrows. Rate lock date was entered correctly – see Pg #724 An interior and exterior appraisal was completed for this property – see Pg #69-72, the appraisal disclosure was provided to the borrower(s)- see Pg #720 and copy of the appraisal was given to the borrower – see Pg #56 for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-12/05/2025 |  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119765 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-UW Exception for a Cash Out Refinance/XXXX with LTV of 80% which exceeds Maximum allowed LTV of 75% - Due Diligence Vendor-12/17/2025 <br>Waived-UW Exception for a Cash Out Refinance/XXXX with LTV of 80% which exceeds Maximum allowed LTV of 75% - Due Diligence Vendor-12/17/2025 <br>Waived-UW Exception for a Cash Out Refinance/XXXX with LTV of 80% which exceeds Maximum allowed LTV of 75% provided. - Due Diligence Vendor-12/17/2025 <br>Waived-Requesting to increase cash out LTV to 80% on XXXX which usually caps at 75%; Lender Exception received<br>Comp Factors:<br> FICO higher than 740, AND at least 20 points higher than guideline minimum<br> Borrower has worked in same industry more than 5 years<br> Borrower has worked in same job more than 3 years - Due Diligence Vendor-12/16/2025 <br>Ready for Review-Document Uploaded. - Seller-12/15/2025 <br>Open-Audited LTV of 80% exceeds GL LTV Max of 75% for Primary Residence, XXXX Cash Out refinance - Due Diligence Vendor-12/10/2025 <br>Rescinded-Audited LTV Exceeds Guideline LTV Max LTV 80% - Due Diligence Vendor-12/09/2025 | Ready for Review-Document Uploaded. - Seller-12/15/2025<br>| Waived-UW Exception for a Cash Out Refinance/XXXX with LTV of 80% which exceeds Maximum allowed LTV of 75% - Due Diligence Vendor-12/17/2025 <br>Waived-UW Exception for a Cash Out Refinance/XXXX with LTV of 80% which exceeds Maximum allowed LTV of 75% - Due Diligence Vendor-12/17/2025 <br>Waived-UW Exception for a Cash Out Refinance/XXXX with LTV of 80% which exceeds Maximum allowed LTV of 75% provided. - Due Diligence Vendor-12/17/2025 <br>Waived-Requesting to increase cash out LTV to 80% on XXXX which usually caps at 75%; Lender Exception received<br>Comp Factors:<br> FICO higher than 740, AND at least 20 points higher than guideline minimum<br> Borrower has worked in same industry more than 5 years<br> Borrower has worked in same job more than 3 years - Due Diligence Vendor-12/16/2025 <br>Rescinded-Audited LTV Exceeds Guideline LTV Max LTV 80% - Due Diligence Vendor-12/09/2025<br>| Underwriting Exception.pdf |  | Qualifying score 744 exceeds minimum required score of 700<br> 17.5 years in business exceeds required 2 years<br> Post Close reserves of 25+ months exceed required 9 months. | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Post-Close | Yes |
| XXXX | XXXX | 4350119765 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Resolved- Business narrative received - Due Diligence Vendor-12/10/2025 <br>Ready for Review-Document Uploaded. - Seller-12/09/2025 <br>Open-Provide Business Narrative - Due Diligence Vendor-12/09/2025 | Ready for Review-Document Uploaded. - Seller-12/09/2025<br>| Resolved-Resolved- Business narrative received - Due Diligence Vendor-12/10/2025<br>| Business narrative_2.pdf<br>Business narrative_2.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119825 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Property | Property | Property is listed for sale | Waived-Exception provided on page #412. Requested Exception to do cash out with less than 6 months ownership to recoup reno funds. - Due Diligence Vendor-12/08/2025 |  | Waived-Exception provided on page #412. Requested Exception to do cash out with less than 6 months ownership to recoup reno funds. - Due Diligence Vendor-12/08/2025<br>|  |  | DSCR is 1.06 Minimum required per guidelines is 0.75.<br> Borrower has real estate investment experience as seasoned investor with more than 2 prior investments displaying at least 0x30x12 pay history.<br> Seasoned investor with several rentals. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119825 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 80% exceeds Guideline LTV of 75% Audited LTV of 80% exceeds guideline LTV of 75%, An Exception provided on page #412. Exception for cash-out at 80% LTV. - Due Diligence Vendor-12/08/2025 |  | Waived-Audited LTV of 80% exceeds Guideline LTV of 75% Audited LTV of 80% exceeds guideline LTV of 75%, An Exception provided on page #412. Exception for cash-out at 80% LTV. - Due Diligence Vendor-12/08/2025<br>|  |  | DSCR is 1.06 Minimum required per guidelines is 0.75.<br> Borrower has real estate investment experience as seasoned investor with more than 2 prior investments displaying at least 0x30x12 pay history.<br> Seasoned investor with several rentals. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119807 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Credit | Deficient non-subject housing history rating | Waived-Exception provided on page #326 requested for Cash out seasoning exception - title is currently held in name of LLC since XXXX where borrower is 50% owner but not majority, a deed will be done at time of closing transferring title from LLC into borrower's personal name. - Due Diligence Vendor-12/08/2025 |  | Waived-Exception provided on page #326 requested for Cash out seasoning exception - title is currently held in name of LLC since XXXX where borrower is 50% owner but not majority, a deed will be done at time of closing transferring title from LLC into borrower's personal name. - Due Diligence Vendor-12/08/2025 |  |  | Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months.<br> DSCR is 1.41. Minimum required per guidelines is 0.75.<br> Borrower(s) have 28.35 months Reserves. Minimum required per guidelines is 6 months. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119776 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Third Party Market Rent Source (IE. 1007, 1025, etc.) | Resolved-Validation Resolved - Due Diligence Vendor-12/09/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/09/2025 <br>Open-Third party market rent estimate is missing, a document establishing third party market rent source is missing from file, such as a 1007, 1025, etc. Provide Short Term document used for rent source. - Due Diligence Vendor-12/08/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/09/2025<br>| Resolved-Validation Resolved - Due Diligence Vendor-12/09/2025<br>| Appraisal - Short Term Rental Form (STR).pdf |  |  | XXXX | Investment | Refinance | Cash Out - Debt Consolidation | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119776 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-12/09/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/09/2025 <br>Open-Evidence of Rate Lock Missing Provide Evidence of Rate Lock. - Due Diligence Vendor-12/08/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/09/2025<br>| Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-12/09/2025<br>| Lock-In Agreement.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Debt Consolidation | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119776 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 75% exceeds Guideline LTV of 70% Exception in File on page#310:<br> 75% LTV with a credit score of 696. - Due Diligence Vendor-12/08/2025 |  | Waived-Audited LTV of 75% exceeds Guideline LTV of 70% Exception in File on page#310:<br> 75% LTV with a credit score of 696. - Due Diligence Vendor-12/08/2025<br>|  |  | Borrower(s) have 19.77 months Reserves. Minimum required per guidelines is 6 months.<br> Borrower Housing History is 0X30, 12 months. Housing History required per guidelines is 0X30, 12 months.<br> DSCR is 1.24. Minimum required 0.75. | XXXX | Investment | Refinance | Cash Out - Debt Consolidation | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119776 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Missing Doc | Missing Verification of Rent | Waived-Missing Verification of Rent Exception in File on page#310:<br> Use of the STR report from XXXX in lieu of the 1007, though STR history is established 12+ months (unable to get an appraiser who will do a 1007 from local info) - Due Diligence Vendor-12/08/2025 |  | Waived-Missing Verification of Rent Exception in File on page#310:<br> Use of the STR report from XXXX in lieu of the 1007, though STR history is established 12+ months (unable to get an appraiser who will do a 1007 from local info) - Due Diligence Vendor-12/08/2025<br>|  |  | Borrower(s) have 19.77 months Reserves. Minimum required per guidelines is 6 months.<br> Borrower Housing History is 0X30, 12 months. Housing History required per guidelines is 0X30, 12 months.<br> DSCR is 1.24. Minimum required 0.75. | XXXX | Investment | Refinance | Cash Out - Debt Consolidation | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119863 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received Business Narrative. Resolved - Due Diligence Vendor-12/15/2025 <br>Ready for Review-Document Uploaded. - Seller-12/12/2025 <br>Open-Provide Business Narrative. - Due Diligence Vendor-12/11/2025 | Ready for Review-Document Uploaded. - Seller-12/12/2025<br>| Resolved-Received Business Narrative. Resolved - Due Diligence Vendor-12/15/2025<br>| Business Narative.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119863 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Requested lock confirmation provided, updated & condition resolved. - Due Diligence Vendor-12/15/2025 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-12/15/2025 <br>Ready for Review-Document Uploaded. - Seller-12/12/2025 <br>Open-Evidence of Rate Lock Missing Provide Evidence of Rate Lock. - Due Diligence Vendor-12/10/2025 | Ready for Review-Document Uploaded. - Seller-12/12/2025<br>| Resolved-Requested lock confirmation provided, updated & condition resolved. - Due Diligence Vendor-12/15/2025 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-12/15/2025<br>| Lock history XXXX.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119864 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV Exceeds Guideline LTV Exception Approval provided on p345. Exception to allow 80% LTV for a borrower who is a first-time investor. (Verbally suggests he had a rental property, but many years ago so we have no documentation recent proof). - Due Diligence Vendor-12/09/2025 |  | Waived-Audited LTV Exceeds Guideline LTV Exception Approval provided on p345. Exception to allow 80% LTV for a borrower who is a first-time investor. (Verbally suggests he had a rental property, but many years ago so we have no documentation recent proof). - Due Diligence Vendor-12/09/2025<br>|  |  | FICO score is 756. Score is over 20 points higher than the 740 minimum requirement.<br> Monthly reserves are over 4 months more than the required 6 months.<br> Qualifying DSCR is it at least 0.1x higher than the guideline requirements of .750. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119782 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Income/Employment | Income documentation does not meet guidelines | Waived-Exception on page#504:<br> Ability to use supplemental asset depletion when under 25% of total income - calculated as an additional 15% of income. - Due Diligence Vendor-12/09/2025 |  | Waived-Exception on page#504:<br> Ability to use supplemental asset depletion when under 25% of total income - calculated as an additional 15% of income. - Due Diligence Vendor-12/09/2025<br>|  |  | Credit Score is 796. Minimum required per guidelines is 760.<br> Borrower has worked in same job more than 7 years, 11 months. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119782 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Resolved. Business Narrative provided. - Due Diligence Vendor-12/12/2025 <br>Ready for Review-Document Uploaded. Please see attached - Seller-12/11/2025 <br>Open-Provide Business Narrative. - Due Diligence Vendor-12/10/2025 | Ready for Review-Document Uploaded. Please see attached - Seller-12/11/2025<br>| Resolved-Resolved. Business Narrative provided. - Due Diligence Vendor-12/12/2025<br>| Business Narrative.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119811 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Credit | Deficient subject rental income documentation. | Waived-Exception provided on page #311. Exception requested for also using an XXXX short-term market rent report as secondary support, though it was found out actual history has reached 12+ months. - Due Diligence Vendor-12/12/2025 |  | Waived-Exception provided on page #311. Exception requested for also using an XXXX short-term market rent report as secondary support, though it was found out actual history has reached 12+ months. - Due Diligence Vendor-12/12/2025 |  |  | Received a rent free letter on page #297, 298 from owner of land borrower is currently residing on since 8/2024<br> Credit Score is 806. Minimum required per guidelines is 700.<br> LTV is 42%. Maximum allowed per guidelines is 75%. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119811 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Ineligible Housing History per program guidelines | Open-Housing History Does Not Meet Guideline Requirements Exception provided on page #311. Exception requested for Unable to document primary residency - rent free at an RV site but also uses mailing address at subject for now. - Due Diligence Vendor-12/12/2025 |  |  |  |  | Received a rent free letter on page #297, 298 from owner of land borrower is currently residing on since 8/2024<br> Credit Score is 806. Minimum required per guidelines is 700.<br> LTV is 42%. Maximum allowed per guidelines is 75%. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119817 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received Business Narrative/resolved - Due Diligence Vendor-12/22/2025 <br>Ready for Review-Document Uploaded. Business narrative is shown on Bank Statement Income Calc - Seller-12/19/2025 <br>Open-Provide Business Narrative - Due Diligence Vendor-12/16/2025 | Ready for Review-Document Uploaded. Business narrative is shown on Bank Statement Income Calc - Seller-12/19/2025<br>| Resolved-Received Business Narrative/resolved - Due Diligence Vendor-12/22/2025<br>| REV expanded-portfolio-bank-statement-calculator-7.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119817 | 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 provided, Bank Statement income hence VOE not mandatory to be in 10 days of closing as per guidelines, updated & condition resolved. - Due Diligence Vendor-12/18/2025 <br>Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-12/18/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/17/2025 <br>Open-Borrower 1 3rd Party VOE Prior to Close Missing Provide Borrower 1 3rd Party prior to close VOE - Due Diligence Vendor-12/16/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/17/2025<br>| Resolved-Requested 3rd party VOE provided, Bank Statement income hence VOE not mandatory to be in 10 days of closing as per guidelines, updated & condition resolved. - Due Diligence Vendor-12/18/2025 <br>Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-12/18/2025<br>| XXXX.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119817 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Property | Property | Property is listed for sale | Waived-Exception provided on page #321. Exception to do cash-out with ownership less than 6 months. Borrower did extensive rehab on the property post-closing and used some of their own funds for the rehab. They are looking to get a little cash back to replenish their funds beyond mortgage payoff. - Due Diligence Vendor-12/16/2025 |  | Waived-Exception provided on page #321. Exception to do cash-out with ownership less than 6 months. Borrower did extensive rehab on the property post-closing and used some of their own funds for the rehab. They are looking to get a little cash back to replenish their funds beyond mortgage payoff. - Due Diligence Vendor-12/16/2025<br>|  |  | Credit Score is 751. Minimum required per guidelines is 700<br> Borrower has worked in same job more than 12 years.<br> Borrower Housing History is 0X30, 12 months. Housing History required per guidelines is 0X30, 12 months. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119781 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Fees:Limited | XXXX - Fees Limitation | Waived-Fees paid to lender exceed the threshold. Under the XXXX Interest Provisions, on a first lien closed end loan less than $XXXX, lender fees not specifically authorized by statute are limited to (XXXX), which is the greater of 1/4 of 1% of the loan amount or $XXXX. The total amount of "lender fees not specifically authorized by statute" and included in the test is (XXXX) Fees excluded from the test: Application Fee, Application Deposit, Commitment (Rate Lock) Fee, Temporary Buydown Fee, Loan Origination Fee, "bona fide" Loan Discount, Prepaid Interest, and Interest Due on a Prior Loan. (XXXX Rate Spread does not have assignee liability, per counsel finding waived. - Due Diligence Vendor-12/15/2025 <br> Open- - Due Diligence Vendor-12/15/2025 <br> Open- - Due Diligence Vendor-12/15/2025 <br> Open- - Due Diligence Vendor-12/15/2025 |  | Waived-Fees paid to lender exceed the threshold. Under the XXXX Interest Provisions, on a first lien closed end loan less than $XXXX, lender fees not specifically authorized by statute are limited to ($XXXX), which is the greater of 1/4 of 1% of the loan amount or $XXXX. The total amount of "lender fees not specifically authorized by statute" and included in the test is ($XXXX). Fees excluded from the test: Application Fee, Application Deposit, Commitment (Rate Lock) Fee, Temporary Buydown Fee, Loan Origination Fee, "bona fide" Loan Discount, Prepaid Interest, and Interest Due on a Prior Loan. (XXXX) XXXX Rate Spread does not have assignee liability, per counsel finding waived. - Due Diligence Vendor-12/15/2025 |  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | No |
| XXXX | XXXX | 4350119781 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | HigherPriced:APR | XXXX - Rate Spread Home Loan (First Lien XXXX)(Conforming) | Waived-The loan's (XXXX%) APR equals or exceeds the XXXX Rate Spread Home Loan first lien conforming loan threshold of (XXXX%). 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 closed end loan secured by a 1-4 unit dwelling is (XXXX%).(XXXX Rate Spread does not have assignee liability, per counsel finding waived.<br> - Due Diligence Vendor-12/15/2025 <br> Open- - Due Diligence Vendor-12/15/2025 <br> Open- - Due Diligence Vendor-12/15/2025 <br> Open- - Due Diligence Vendor-12/15/2025 |  | Waived-The loan's (XXXX%) APR equals or exceeds the XXXX Rate Spread Home Loan first lien conforming loan threshold of (XXXX%). 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 closed end loan secured by a 1-4 unit dwelling is (XXXX%).(XXXX Rate Spread does not have assignee liability, per counsel finding waived.<br> - Due Diligence Vendor-12/15/2025 |  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | No |
| XXXX | XXXX | 4350119781 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Loan does not conform to program guidelines Exception on page#635:<br> 1) Project has Outstanding critical repairs for Patio repairs (the elevated floor has completely failed near the south wall of the courtyard) and boiler/HVAC repairs, this is funded through a special assessment. 50% of the units are delinquent, but 50% of the entire special assessment has been collected. The total cost of the project is $XXXX. The subject unit is not directly part of the outstanding repairs. The subject unit has paid in full. The ETA of completion is unknown as they have not officially begun. They anticipate the completion in the first quarter of next year. <br> 2) Project only has Master Insurance with Functional replacement cost on Master Policy.<br> 3) Master policy also has an Excessive per unit water deductible. Borrower has obtained loss of use coverage on their insurance policy to absorb the difference for the cost of the excessive per unit deductible. This project demonstrates financial stability by allocating 10% in reserves annually and currently hold a reserve balance of $XXXX. (Recently approved similarly for other loan #XXXX) - Due Diligence Vendor-12/15/2025 |  | Waived-Loan does not conform to program guidelines Exception on page#635:<br> 1) Project has Outstanding critical repairs for Patio repairs (the elevated floor has completely failed near the south wall of the courtyard) and boiler/HVAC repairs, this is funded through a special assessment. 50% of the units are delinquent, but 50% of the entire special assessment has been collected. The total cost of the project is $XXXX. The subject unit is not directly part of the outstanding repairs. The subject unit has paid in full. The ETA of completion is unknown as they have not officially begun. They anticipate the completion in the first quarter of next year. <br> 2) Project only has Master Insurance with Functional replacement cost on Master Policy.<br> 3) Master policy also has an Excessive per unit water deductible. Borrower has obtained loss of use coverage on their insurance policy to absorb the difference for the cost of the excessive per unit deductible. This project demonstrates financial stability by allocating 10% in reserves annually and currently hold a reserve balance of $XXXX. (Recently approved similarly for other loan #XXXX) - Due Diligence Vendor-12/15/2025 |  |  | Borrower Housing History is 0X30, 82 months. Housing History required per guidelines is 0X30, 12 months.<br> Borrower has worked in same industry more than 5 years.<br> Borrower DTI is 13.19% lower than requirement. Guidelines allow up to a 50% DTI. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119781 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX%).(XXXX) Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 624 and the Final Closing disclosure on Pg#'s 109 reflects escrows. Rate lock date was entered correctly – see Pg#'s 95, 636 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 634, 53 and copy of the appraisal was given to the borrower – see Pg#'s 92, 53 for the copy of the disclosure. The loan meets HPML guidelines<br> - Due Diligence Vendor-12/15/2025 <br> Open- - Due Diligence Vendor-12/15/2025 <br> Open- - Due Diligence Vendor-12/15/2025 <br> Open- - Due Diligence Vendor-12/15/2025 |  | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX%).(XXXX Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 624 and the Final Closing disclosure on Pg#'s 109 reflects escrows. Rate lock date was entered correctly – see Pg#'s 95, 636 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 634, 53 and copy of the appraisal was given to the borrower – see Pg#'s 92, 53 for the copy of the disclosure. The loan meets HPML guidelines<br> - Due Diligence Vendor-12/15/2025 |  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119837 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Third Party Market Rent Source (IE. 1007, 1025, etc.) | Resolved-Resolved. Third Party Short Term Rent estimate provided. - Due Diligence Vendor-12/19/2025 <br> Resolved-Requested Short term rental documents provided, updated & condition resolved.<br> - Due Diligence Vendor-12/19/2025 <br> Resolved-Validation Resolved - Due Diligence Vendor-12/19/2025 <br> Ready for Review-Document Uploaded. See attached - Seller-12/18/2025 <br> Open-Third party market rent estimate is missing, a document establishing third party market rent source is missing from file, such as a 1007, 1025, etc. Provide Short term rental document used for rental income in the amount of $XXXX. - Due Diligence Vendor-12/16/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/18/2025<br>| Resolved-Resolved. Third Party Short Term Rent estimate provided. - Due Diligence Vendor-12/19/2025 <br>Resolved-Requested Short term rental documents provided, updated & condition resolved.<br> - Due Diligence Vendor-12/19/2025 <br>Resolved-Validation Resolved - Due Diligence Vendor-12/19/2025<br>| STR Appraisal.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119869 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Deed of Trust is Missing | Resolved-DOT with all pages provided. - Due Diligence Vendor-01/08/2026 <br>Ready for Review-Document Uploaded. DOT with all pages - Seller-01/07/2026 <br>Open-The Deed of Trust is Missing One in file DOT page #18 is missing. Provide DOT with all pages. - Due Diligence Vendor-12/16/2025 | Ready for Review-Document Uploaded. DOT with all pages - Seller-01/07/2026<br>| Resolved-DOT with all pages provided. - Due Diligence Vendor-01/08/2026<br>| XXXX DOT.pdf |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119869 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Provided Fraud shows All Fraud Report Alerts have been cleared or None Exist. - Due Diligence Vendor-12/19/2025 <br> Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-12/19/2025 <br> Ready for Review-Document Uploaded. Cleared alerts - Seller-12/18/2025 <br> Open-Fraud Report Shows Uncleared Alerts Per the GL XXXX page # 26 a clear fraud report is required. The fraud report in file (page # 290) is showing 1 high uncleared alert. The required cleared report is missing.<br> - Due Diligence Vendor-12/16/2025 | Ready for Review-Document Uploaded. Cleared alerts - Seller-12/18/2025<br>| Resolved-Provided Fraud shows All Fraud Report Alerts have been cleared or None Exist. - Due Diligence Vendor-12/19/2025 <br>Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-12/19/2025<br>| Cleared Alerts.pdf |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119869 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-FHLMC SSR - Secondary Review product uploaded, verified & entered in system - Resolved. - Due Diligence Vendor-12/18/2025 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-12/18/2025 <br>Ready for Review-Document Uploaded. FHLMC SSR - score of 2 - Seller-12/17/2025 <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 File needs a FNMA or FHLMC UCDP/SSR report with a score less than 2.5, or the file needs an Appraisal Desk Review.<br> - Due Diligence Vendor-12/16/2025 | Ready for Review-Document Uploaded. FHLMC SSR - score of 2 - Seller-12/17/2025<br>| Resolved-FHLMC SSR - Secondary Review product uploaded, verified & entered in system - Resolved. - Due Diligence Vendor-12/18/2025 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-12/18/2025<br>| XXXX SSR.pdf |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119778 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Waived-Client elects to waive with the following compensating factors: - Due Diligence Vendor-12/23/2025 <br>Waived-Exception on page#299: for reason "Assets / Reserves: Borrower down payment contribution does not meet guideline requirements" - Due Diligence Vendor-12/18/2025 |  | Waived-Client elects to waive with the following compensating factors: - Due Diligence Vendor-12/23/2025 <br>Waived-Exception on page#299: for reason "Assets / Reserves: Borrower down payment contribution does not meet guideline requirements" - Due Diligence Vendor-12/18/2025<br>|  |  | 28.15% DTI is below the maximum 50% DTI by 21.85%.<br> 0x30 mortgage history for 45 months.<br> Borrower has been employed in same career for 7 years. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119778 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Client elects to waive with the following compensating factors: - Due Diligence Vendor-12/23/2025 <br> Open-Audited LTV of 90% exceeds Guideline LTV of 85% According to the matrices dated XXXX, the maximum allowed LTV for an XXXX purchase loan is 85% with a FICO score of 740. The audited LTV is 90%, which exceeds the guideline limits; therefore, an exception has been provided on page #299. - Due Diligence Vendor-12/18/2025 |  | Waived-Client elects to waive with the following compensating factors: - Due Diligence Vendor-12/23/2025<br>|  |  | 28.15% DTI is below the maximum 50% DTI by 21.85%.<br> 0x30 mortgage history for 45 months.<br> Borrower has been employed in same career for 7 years. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119778 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Business narrative received/resolved - Due Diligence Vendor-12/23/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/22/2025 <br>Open-Provide Business Narrative - Due Diligence Vendor-12/19/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/22/2025<br>| Resolved-Business narrative received/resolved - Due Diligence Vendor-12/23/2025<br>| Business Narrative.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119778 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Requested secondary valuation provided, updated & condition resolved. - Due Diligence Vendor-12/23/2025 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-12/23/2025 <br>Ready for Review-Document Uploaded. CU Score of 1, 2nd appraisal shouldn't be needed. Please advise and see attached - Seller-12/22/2025 <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 Secondary Valuation - Due Diligence Vendor-12/18/2025 | Ready for Review-Document Uploaded. CU Score of 1, 2nd appraisal shouldn't be needed. Please advise and see attached - Seller-12/22/2025<br>| Resolved-Requested secondary valuation provided, updated & condition resolved. - Due Diligence Vendor-12/23/2025 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-12/23/2025<br>| XXXX.pdf<br> Appraisal.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119778 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX%).(XXXX This loan failed the higher-priced mortgage loan test. (XXXX)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 XXXX 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 293 and the Final Closing disclosure on Pg#'s 149 reflects escrows. Rate lock date was entered correctly – see Pg#'s 40 An interior and exterior appraisal was completed for this property – see pg 44 the appraisal disclosure was provided to the borrower(s)- see Pg#'s 24, 298 and copy of the appraisal was given to the borrower – see Pg#'s 24, 133 for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-12/18/2025 <br> Open- - Due Diligence Vendor-12/19/2025 <br> Open- - Due Diligence Vendor-12/19/2025 <br> Open- - Due Diligence Vendor-12/19/2025 <br> Open- - Due Diligence Vendor-12/18/2025 |  | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX%).(XXXX This loan failed the higher-priced mortgage loan test. (XXXX(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 XXXX, 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 293 and the Final Closing disclosure on Pg#'s 149 reflects escrows. Rate lock date was entered correctly – see Pg#'s 40 An interior and exterior appraisal was completed for this property – see pg 44 the appraisal disclosure was provided to the borrower(s)- see Pg#'s 24, 298 and copy of the appraisal was given to the borrower – see Pg#'s 24, 133 for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-12/18/2025 |  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119778 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Evidence of Rate Lock Missing rate lock in file. - Due Diligence Vendor-12/18/2025 |  | Resolved-Evidence of Rate Lock Missing rate lock in file. - Due Diligence Vendor-12/18/2025<br>|  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119827 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Business narrative received/resolved - Due Diligence Vendor-12/22/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/19/2025 <br>Open-Provide Business Narrative - Due Diligence Vendor-12/18/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/19/2025<br>| Resolved-Business narrative received/resolved - Due Diligence Vendor-12/22/2025<br>| Business Narrative - XXXX.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119827 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 80% exceeds Guideline LTV of 75% Exception in file on page#651:<br> Exception for Cash Out up to 80% with XXXX income for an investment property, use of verified lease amounts for other rental addresses - Due Diligence Vendor-12/18/2025 |  | Waived-Audited LTV of 80% exceeds Guideline LTV of 75% Exception in file on page#651:<br> Exception for Cash Out up to 80% with XXXX income for an investment property, use of verified lease amounts for other rental addresses - Due Diligence Vendor-12/18/2025<br>|  |  | Compensating Factors:<br> 36.32% DTI is below the maximum 50% DTI by 13.68%.<br> 803 Representative credit score exceeds the minimum required of 700 by 103 points<br> Borrower has been self employed at current job for 16 years. <br>| XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119802 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited FICO is less than Guideline requirements | Waived-UW Exception for FICO under 680 received/waived condition - Due Diligence Vendor-12/29/2025 <br>Waived-UW Exception for FICO under 680 received/waived condition - Due Diligence Vendor-12/29/2025 <br>Waived-UW Exception for FICO under 680 received/waived condition - Due Diligence Vendor-12/29/2025 <br>Waived-UW Exception for FICO under 680 received/waived condition - Due Diligence Vendor-12/29/2025 <br>Ready for Review-Document Uploaded. - Seller-12/23/2025 <br>Open-Audited FICO of 639 is less than Guideline FICO of 680 We have exception in file on page #287 for "Investor Cash Flow cash-out refinance with a credit score under 680. The exception was for a score of 678, however the credit score was 639. Provide revised exception for a 639 score - Due Diligence Vendor-12/19/2025 | Ready for Review-Document Uploaded. - Seller-12/23/2025<br>| Waived-UW Exception for FICO under 680 received/waived condition - Due Diligence Vendor-12/29/2025 <br>Waived-UW Exception for FICO under 680 received/waived condition - Due Diligence Vendor-12/29/2025 <br>Waived-UW Exception for FICO under 680 received/waived condition - Due Diligence Vendor-12/29/2025 <br>Waived-UW Exception for FICO under 680 received/waived condition - Due Diligence Vendor-12/29/2025<br>| Underwriting Exception_3.pdf<br>Underwriting Exception_2.pdf<br>Underwriting Exception.pdf |  | 49% LTV is below the maximum 70% LTV by 21%..<br> DSCR ratio of 1.345 exceeds the minimum requirement of 1.0 by 0..345 points.<br> $80,122 reserves exceed the minimum required of $16,062 exceeds the minimum by 20 months over the required minimu<br>| XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119802 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived- - Due Diligence Vendor-12/29/2025 <br>Waived-Loan does not conform to program guidelines UW Exception in file on page #287 allowing use of POA signing for B2, will have other borrower sign in her place. - Due Diligence Vendor-12/29/2025 |  | Waived- - Due Diligence Vendor-12/29/2025 <br>Waived-Loan does not conform to program guidelines UW Exception in file on page #287 allowing use of POA signing for B2, will have other borrower sign in her place. - Due Diligence Vendor-12/29/2025<br>|  |  | 49% LTV is below the maximum 70% LTV by 21%..<br> DSCR ratio of 1.345 exceeds the minimum requirement of 1.0 by 0..345 points.<br> $80,122 reserves exceed the minimum required of $16,062 exceeds the minimum by 20 months over the required minimum | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119830 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Borrower | Discrepancy between 1008 Page Qualifying FICO and actual Qualifying FICO | Resolved-updated 1008 received/resolved - Due Diligence Vendor-01/06/2026 <br>Ready for Review-Document Uploaded. - Seller-01/05/2026 <br>Counter-Provide updated 1008 with corrected FICO of 800 - Due Diligence Vendor-12/29/2025 <br>Ready for Review-Document Uploaded. - Seller-12/26/2025 <br>Open-Qualifying FICO on the 1008 Page is '703' or blank, but the Qualifying FICO from the Credit Liabilities Page is '800' or blank. Qualifying FICO entries do not match. Please confirm the correct Qualifying FICO value. B1 is Primary Wage Earner with FICO of 800, but Qualifying FICO on the 1008 is '703', Provide updated 1008 with FICO of 800. - Due Diligence Vendor-12/21/2025 | Ready for Review-Document Uploaded. - Seller-01/05/2026 <br>Ready for Review-Document Uploaded. - Seller-12/26/2025<br>| Resolved-updated 1008 received/resolved - Due Diligence Vendor-01/06/2026<br>| Hard Pull XXXX.pdf<br> 1008 Transmittal Summary_4.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119830 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-rate lock received/resolved - Due Diligence Vendor-12/30/2025 <br>Ready for Review-Document Uploaded. - Seller-12/29/2025 <br>Counter-Float document is not sufficient. Provide evidence showing when the rate was locked and its corresponding expiration date. - Due Diligence Vendor-12/24/2025 <br>Ready for Review-Document Uploaded. - Seller-12/23/2025 <br>Open-Evidence of Rate Lock Missing Lock confirmation date is missing from loan file, provide rate lock. - Due Diligence Vendor-12/21/2025 | Ready for Review-Document Uploaded. - Seller-12/29/2025 <br>Ready for Review-Document Uploaded. - Seller-12/23/2025<br>| Resolved-rate lock received/resolved - Due Diligence Vendor-12/30/2025<br>| Lock Agreement.pdf<br> Rate Lock - XXXX.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119830 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-10 day VVOE received/resolved - Due Diligence Vendor-12/29/2025 <br>Ready for Review-Document Uploaded. - Seller-12/26/2025 <br>Counter-Submitted documentation is not sufficient. Provide Verification of Employment required for all wage earner borrowers and must be <br> completed within 10 calendar days of the closing date. - Due Diligence Vendor-12/24/2025 <br>Ready for Review-Document Uploaded. - Seller-12/23/2025 <br>Open-Borrower 1 3rd Party VOE Prior to Close Missing Provide 3rd Party VOE for B1 - Due Diligence Vendor-12/21/2025 | Ready for Review-Document Uploaded. - Seller-12/26/2025 <br>Ready for Review-Document Uploaded. - Seller-12/23/2025<br>| Resolved-10 day VVOE received/resolved - Due Diligence Vendor-12/29/2025<br>| B1- WVOE XXXX.pdf<br> UPD 10 day VVOE - XXXX.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119762 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance (XXXX) | Resolved-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. (XXXX). Document Prep fee moved from section C to B. - Due Diligence Vendor-12/31/2025 <br> Open- - Due Diligence Vendor-12/31/2025 <br> Ready for Review-Document Uploaded. See attached - Seller-12/30/2025 <br> Counter-Provide COC for Document Preparation fee added on the final CD in the amount of $XXXX and the Doc Tax Stamps/Transfer taxes in the amount of $XXXX. - Due Diligence Vendor-12/23/2025 <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, Document Preparation 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. XXXX. - Due Diligence Vendor-12/23/2025 <br> Open- - Due Diligence Vendor-12/23/2025 <br> Ready for Review-Document Uploaded. See attached - Seller-12/23/2025 <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, Document Preparation 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. (XXXX). Provide COC or lender credit to cure the tolerances. Doc Tax Stamp increased to $XXXX, Document Prep fee increased to $XXXX, and Loan Discount fee increased to $XXXX on the Final CD. - Due Diligence Vendor-12/22/2025 <br> Open- - Due Diligence Vendor-12/22/2025 <br> Open- - Due Diligence Vendor-12/22/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/30/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/23/2025<br>| Resolved-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. XXXX. Document Prep fee moved from section C to B. - Due Diligence Vendor-12/31/2025 | Changed Circumstances.pdf<br>LOX COC.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119762 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Assets | Cash Out Does Not Meet Guideline Requirements | Waived-Cash Out is not completed according to the guideline requirements Exception Approval provided on p381 for Cash-out refi transaction being allowed to payoff land contract. - Due Diligence Vendor-12/22/2025 |  | Waived-Cash Out is not completed according to the guideline requirements Exception Approval provided on p381 for Cash-out refi transaction being allowed to payoff land contract. - Due Diligence Vendor-12/22/2025<br>|  |  | Borrower has worked in the same job more than 3 years. <br> Monthly reserves is verified and at least 4 months more than guideline minimum.<br> Borrowers credit score is 15 points above of the required 700 score. | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119762 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien 06/13)(Conforming) | Resolved-Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 368 and the Final Closing disclosure on Pg#'s 201, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 383. An interior and exterior appraisal was completed for this property – see pg 26, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 196, and confirmation the appraisal was delivered to the borrower – see Pg#'s 196. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-12/31/2025 <br> Open- - Due Diligence Vendor-12/31/2025 <br> Resolved-Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 368 and the Final Closing disclosure on Pg#'s 201, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 383. An interior and exterior appraisal was completed for this property – see pg 26, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 196, and confirmation the appraisal was delivered to the borrower – see Pg#'s 196. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-12/23/2025 <br> Open- - Due Diligence Vendor-12/23/2025 <br> Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX).(XXXX) This loan failed the higher-priced mortgage loan test. (XXXX)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 inXXXX5, 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 368 and the Final Closing disclosure on Pg#'s 201, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 383. An interior and exterior appraisal was completed for this property – see pg 26, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 196, and confirmation the appraisal was delivered to the borrower – see Pg#'s 196. The loan meets HPML guidelines, resolved.<br> - Due Diligence Vendor-12/22/2025 <br> Open- - Due Diligence Vendor-12/22/2025 <br> Open- - Due Diligence Vendor-12/22/2025 |  | Resolved-Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 368 and the Final Closing disclosure on Pg#'s 201, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 383. An interior and exterior appraisal was completed for this property – see pg 26, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 196, and confirmation the appraisal was delivered to the borrower – see Pg#'s 196. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-12/31/2025 <br> Resolved-Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 368 and the Final Closing disclosure on Pg#'s 201, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 383. An interior and exterior appraisal was completed for this property – see pg 26, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 196, and confirmation the appraisal was delivered to the borrower – see Pg#'s 196. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-12/23/2025 <br> Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX%).(XXXX This loan failed the higher-priced mortgage loan test. (XXXX(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 XXXX, 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 368 and the Final Closing disclosure on Pg#'s 201, Finding reflects escrows. Rate lock date was entered correctly – see Pg#'s 383. An interior and exterior appraisal was completed for this property – see pg 26, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 196, and confirmation the appraisal was delivered to the borrower – see Pg#'s 196. The loan meets HPML guidelines, resolved.<br> - Due Diligence Vendor-12/22/2025 |  |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119762 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | TRID Tolerance | Fees: Limited | Resolved-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: (Document Preparation 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). (XXXX). Moved from Section C to B. - Due Diligence Vendor-12/31/2025 <br> Open- - Due Diligence Vendor-12/31/2025 |  | Resolved-The total amount of the 10% category fees on the last Closing Disclosure ($190.00) has increased by more than 10% over the current baseline value of ($65.00). The total amount of fees in the 10% category cannot exceed ($71.50). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Document Preparation Fee). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). Moved from Section C to B. - Due Diligence Vendor-12/31/2025 |  |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119762 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | TRID Tolerance | Fees: Limited | Resolved-The total amount of the 10% category fees on the last Closing Disclosure ($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: (Document Preparation 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). (XXXX). Moved from Section C to B. - Due Diligence Vendor-12/31/2025 <br> Open- - Due Diligence Vendor-12/31/2025 |  | Resolved-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: (Document Preparation 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). (XXXX). The $XXXX are not transfer taxes. This is property taxes due at the first of the year per title commitment. This is a prepaid- prepaids are not subject to TRID COC rules. - Due Diligence Vendor-12/31/2025 |  |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119763 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-Received explanation for winter taxes. Resolved - Due Diligence Vendor-12/31/2025 <br> Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-12/31/2025 <br> Ready for Review-Document Uploaded. See attached LOX - Seller-12/30/2025 <br> Open-The 1008 document is missing from the loan file. Provide updated 1008. 1008 provided has other amount of $XXXX but there is no proof of document or amount in file. Tax Cert provided shows $XXXX (summer $XXXX + winter taxes +$XXXX); however, 1008 provided shows monthly property taxes as $XXXX. - Due Diligence Vendor-12/22/2025 | Ready for Review-Document Uploaded. See attached LOX - Seller-12/30/2025<br>| Resolved-Received explanation for winter taxes. Resolved - Due Diligence Vendor-12/31/2025 <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-12/31/2025<br>| LOX winter taxes.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119763 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Received acceptable CU score. Resolved - Due Diligence Vendor-12/24/2025 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-12/24/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/24/2025 <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 Secondary property valuation. Only received Appraisal. - Due Diligence Vendor-12/22/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/24/2025<br>| Resolved-Received acceptable CU score. Resolved - Due Diligence Vendor-12/24/2025 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-12/24/2025<br>| XXXX V2 XXXX SSR.pdf<br> XXXX V1 Review Artifact XXXX.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119857 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-Received resident ledger and prior VOR's confirming 12 months history. Borrower is residing at the subject at no cost. Purchase agreement provided as proof. Resolved - Due Diligence Vendor-01/09/2026 <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-01/09/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/08/2026 <br>Counter-Same document (ledger) was uploaded. Please provide full 12 months housing history. - Due Diligence Vendor-01/02/2026 <br>Ready for Review-Document Uploaded. VOR attached - Seller-12/31/2025 <br>Counter-Please attach documents. Attachment not provided. Countered - Due Diligence Vendor-12/30/2025 <br>Ready for Review-See attached - Seller-12/29/2025 <br>Open-Housing History Does Not Meet Guideline Requirements Provide VOR for to satisfy 12 months of rent/housing payments. Primary housing verified for 8 months per rent payments from resident ledger provided. - Due Diligence Vendor-12/23/2025 | Ready for Review-Document Uploaded. See attached - Seller-01/08/2026 <br>Ready for Review-Document Uploaded. VOR attached - Seller-12/31/2025 <br>Ready for Review-See attached - Seller-12/29/2025<br>| Resolved-Received resident ledger and prior VOR's confirming 12 months history. Borrower is residing at the subject at no cost. Purchase agreement provided as proof. Resolved - Due Diligence Vendor-01/09/2026 <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-01/09/2026<br>| VOR XXXX.pdf<br> Housing History docs.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119857 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-CU score of 1 received/resolved - Due Diligence Vendor-01/02/2026 <br>Ready for Review-Document Uploaded. UCDP attached CU score of 1 - Seller-12/31/2025 <br>Counter-Please attach documents. Attachment not provided. Countered - Due Diligence Vendor-12/30/2025 <br>Ready for Review-See attached - Seller-12/29/2025 <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 Secondary property valuation. Only received Appraisal. - Due Diligence Vendor-12/23/2025 | Ready for Review-Document Uploaded. UCDP attached CU score of 1 - Seller-12/31/2025 <br>Ready for Review-See attached - Seller-12/29/2025<br>| Resolved-CU score of 1 received/resolved - Due Diligence Vendor-01/02/2026<br>| XXXX SSR.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119857 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-12/30/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/29/2025 <br>Open-Evidence of Rate Lock Missing Provide Evidence of Rate Lock document. - Due Diligence Vendor-12/23/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/29/2025<br>| Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-12/30/2025<br>| Lock-In Agreement.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119858 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Received CU score. Resolved - Due Diligence Vendor-12/31/2025 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-12/31/2025 <br>Ready for Review-Document Uploaded. - Seller-12/30/2025 <br>Counter-Received another copy of Appraisal. Still need a Secondary valuation such as the UCDP scores with a value of 2.5 or less or a CDA. Countered - Due Diligence Vendor-12/29/2025 <br>Ready for Review-Document Uploaded. - Seller-12/26/2025 <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 Secondary Valuation. Only received Appraisal. - Due Diligence Vendor-12/23/2025 | Ready for Review-Document Uploaded. - Seller-12/30/2025 <br>Ready for Review-Document Uploaded. - Seller-12/26/2025<br>| Resolved-Received CU score. Resolved - Due Diligence Vendor-12/31/2025 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-12/31/2025<br>| XXXXV2 Appraisal.pdf<br> XXXXV1 XXXX SSR.pdf<br> XXXX V1 XXXX SSR.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119795 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Lender Credits That Cannot Decrease Test (XXXX) | Resolved-Resolved - Due Diligence Vendor-01/05/2026 <br> Open- - Due Diligence Vendor-01/05/2026 <br> Ready for Review-Document Uploaded. See attached - Seller-01/02/2026 <br> Counter-Please upload attachment. The document was not uploaded. Countered - Due Diligence Vendor-12/31/2025 <br> Ready for Review-See attached - Seller-12/30/2025 <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. (XXXX). Provide COC. A Lender Credit of $XXXX was added in the initial CD which was reduced to $0 in final CD. This is under a fee category that can not decrease. - Due Diligence Vendor-12/26/2025 <br> Open- - Due Diligence Vendor-12/29/2025 <br> Open- - Due Diligence Vendor-12/26/2025 | Ready for Review-Document Uploaded. See attached - Seller-01/02/2026 <br>Ready for Review-See attached - Seller-12/30/2025<br>| Resolved-Resolved - Due Diligence Vendor-01/05/2026<br>| lox lender credit.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119833 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received Business Narrative. Resolved - Due Diligence Vendor-12/30/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/29/2025 <br>Open-Provide Business Narrative. - Due Diligence Vendor-12/26/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/29/2025<br>| Resolved-Received Business Narrative. Resolved - Due Diligence Vendor-12/30/2025<br>| Business Narrative XXXX XXXX.pdf<br> Business Narrative XXXX - XXXX.pdf<br> Business Narrative XXXX.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119833 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Asset Depletion calculator for Borrower 1 provided. - Due Diligence Vendor-12/30/2025 <br>Resolved-Validation Resolved' - Due Diligence Vendor-12/30/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/29/2025 <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Provide Asset Depletion calculator for Borrower 1. - Due Diligence Vendor-12/26/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/29/2025<br>| Resolved-Asset Depletion calculator for Borrower 1 provided. - Due Diligence Vendor-12/30/2025 <br>Resolved-Validation Resolved' - Due Diligence Vendor-12/30/2025<br>| B1 Asset Depletion Calculator.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119833 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Credit | Deficient Income Documentation | Waived-Exception in File on p784:<br> Asset depletion less than 25% of total borrower monthly income (20.6%) for the primary earner. - Due Diligence Vendor-12/26/2025 |  | Waived-Exception in File on p784:<br> Asset depletion less than 25% of total borrower monthly income (20.6%) for the primary earner. - Due Diligence Vendor-12/26/2025<br>|  |  | Client elects to waive with the following compensating factors:<br> 80% LTV is Equal to the maximum 80% LTV.<br> 37.86% DTI is below the maximum 50% DTI by 12.14%.<br> 743 Representative credit score exceeds the minimum required of 720 by 23 points | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119833 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Loan does not conform to program guidelines Exception in file on p784<br> Exception for 1x30 on his XXXX loan (doesn't meet additional compensating factors guide allows). - Due Diligence Vendor-12/26/2025 |  | Waived-Loan does not conform to program guidelines Exception in file on p784<br> Exception for 1x30 on his XXXX loan (doesn't meet additional compensating factors guide allows). - Due Diligence Vendor-12/26/2025 |  |  | Client elects to waive with the following compensating factors:<br> 80% LTV is Equal to the maximum 80% LTV.<br> 37.86% DTI is below the maximum 50% DTI by 12.14%.<br> 743 Representative credit score exceeds the minimum required of 720 by 23 points | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119840 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Business Purpose Affidavit is Missing | Resolved-Business purpose affidavit received. - Due Diligence Vendor-01/21/2026 <br>Resolved-The Business Purpose Affidavit is present or Not Applicable (1008 Page Loan Type is DSCR.) - Due Diligence Vendor-01/21/2026 <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. - Due Diligence Vendor-01/21/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/21/2026 <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. Provide Notarized Business Purpose Affidavit Disclosure. - Due Diligence Vendor-12/24/2025 | Ready for Review-Document Uploaded. See attached - Seller-01/21/2026<br>| Resolved-Business purpose affidavit received. - Due Diligence Vendor-01/21/2026 <br>Resolved-The Business Purpose Affidavit is present or Not Applicable (1008 Page Loan Type is DSCR.) - Due Diligence Vendor-01/21/2026<br>| Occupancy Statement_2.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119840 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Secondary Valuation or Additional Valuation (FNMA SSR) provided. - Due Diligence Vendor-12/30/2025 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-12/30/2025 <br>Ready for Review-Document Uploaded. see attached - Seller-12/29/2025 <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 Secondary Valuation. Only received Appraisal. - Due Diligence Vendor-12/24/2025 | Ready for Review-Document Uploaded. see attached - Seller-12/29/2025<br>| Resolved-Secondary Valuation or Additional Valuation (FNMA SSR) provided. - Due Diligence Vendor-12/30/2025 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-12/30/2025<br>| XXXX V2 XXXX SSR.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119787 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Third Party Market Rent Source (IE. 1007, 1025, etc.) | Resolved-Requested short term rental documents provided, updated & condition resolved. - Due Diligence Vendor-12/31/2025 <br> Resolved-Validation Resolved - Due Diligence Vendor-12/31/2025 <br> Ready for Review-Document Uploaded. See attached - Seller-12/30/2025 <br> Open-Third party market rent estimate is missing, a document establishing third party market rent source is missing from file, such as a 1007, 1025, etc. Provide Short term rental document. Approval is using short term rent of $XXXX/12 = $XXXX - Due Diligence Vendor-12/25/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/30/2025<br>| Resolved-Requested short term rental documents provided, updated & condition resolved. - Due Diligence Vendor-12/31/2025 <br>Resolved-Validation Resolved - Due Diligence Vendor-12/31/2025<br>| XXXX 1007 Short-Term Rent Schedule (STR F.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119787 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Requested secondary valuation provided, updated & condition resolved. - Due Diligence Vendor-12/31/2025 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-12/31/2025 <br>Ready for Review-Document Uploaded. UCDP attached - Seller-12/30/2025 <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 Secondary Valuation. Only received appraisal. UCDP can be used if CU score is 2.5 or less. If not, provide CDA. - Due Diligence Vendor-12/25/2025 | Ready for Review-Document Uploaded. UCDP attached - Seller-12/30/2025<br>| Resolved-Requested secondary valuation provided, updated & condition resolved. - Due Diligence Vendor-12/31/2025 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-12/31/2025<br>| XXXX V2 XXXX SSR.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119799 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Requested secondary valuation provided, updated & condition resolved. - Due Diligence Vendor-12/31/2025 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-12/31/2025 <br>Ready for Review-Document Uploaded. UCDP attached - Seller-12/30/2025 <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 Secondary Valuation due to CU score > 2.5 - Due Diligence Vendor-12/25/2025 | Ready for Review-Document Uploaded. UCDP attached - Seller-12/30/2025<br>| Resolved-Requested secondary valuation provided, updated & condition resolved. - Due Diligence Vendor-12/31/2025 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-12/31/2025<br>| XXXXV3 XXXX SSR.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119758 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | XXXX - Higher Priced Mortgage Loan (First Lien XXXX)(Conforming) | Resolved-This is a XXXX Higher-Priced Mortgage Loan (HPML). The loan's APR of (XXXX%) equals or exceeds the XXXX HPML threshold of (XXXX%). 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 (XXXX)) TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, and loan information is on Pg#433 and the Final Closing disclosure on Pg#179 s, Finding reflects escrows. Rate lock date was entered correctly – see Pg#456 , An interior and exterior appraisal was completed for this property – see pg#32, the appraisal disclosure was provided to the borrower(s)- see Pg#531and confirmation the appraisal was delivered to the borrower – see Pg#'454s Missing The loan meets HPML guidelines - Due Diligence Vendor-12/26/2025 <br> Open- - Due Diligence Vendor-12/30/2025 <br> Open- - Due Diligence Vendor-12/30/2025 <br> Open- - Due Diligence Vendor-12/30/2025 <br> Open- - Due Diligence Vendor-12/30/2025 <br> Open- - Due Diligence Vendor-12/26/2025 <br> Open- - Due Diligence Vendor-12/26/2025 <br> Open- - Due Diligence Vendor-12/26/2025 |  | Resolved-This is a XXXX Higher-Priced Mortgage Loan (HPML). The loan's APR of (XXXX%) equals or exceeds the XXXX HPML threshold of (XXXX%). 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 (XXXX%).(XXXX); XXXX TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, and loan information is on Pg#433 and the Final Closing disclosure on Pg#179 s, Finding reflects escrows. Rate lock date was entered correctly – see Pg#456 , An interior and exterior appraisal was completed for this property – see pg#32, the appraisal disclosure was provided to the borrower(s)- see Pg#531and confirmation the appraisal was delivered to the borrower – see Pg#'454s Missing The loan meets HPML guidelines - Due Diligence Vendor-12/26/2025 |  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119758 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (7.72%). 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 (XXXX%).(XXXX) TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, and loan information is on Pg#433 and the Final Closing disclosure on Pg#179 s, Finding reflects escrows. Rate lock date was entered correctly – see Pg#456 , An interior and exterior appraisal was completed for this property – see pg#32, the appraisal disclosure was provided to the borrower(s)- see Pg#531and confirmation the appraisal was delivered to the borrower – see Pg#'454s Missing The loan meets HPML guidelines - Due Diligence Vendor-12/26/2025 <br> Open- - Due Diligence Vendor-12/30/2025 <br> Open- - Due Diligence Vendor-12/30/2025 <br> Open- - Due Diligence Vendor-12/30/2025 <br> Open- - Due Diligence Vendor-12/30/2025 <br> Open- - Due Diligence Vendor-12/26/2025 <br> Open- - Due Diligence Vendor-12/26/2025 <br> Open- - Due Diligence Vendor-12/26/2025 |  | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXXX%). 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 (XXXX%).(XXXX TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, and loan information is on Pg#433 and the Final Closing disclosure on Pg#179 s, Finding reflects escrows. Rate lock date was entered correctly – see Pg#456 , An interior and exterior appraisal was completed for this property – see pg#32, the appraisal disclosure was provided to the borrower(s)- see Pg#531and confirmation the appraisal was delivered to the borrower – see Pg#'454s Missing The loan meets HPML guidelines - Due Diligence Vendor-12/26/2025 |  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119871 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Requested updated title report with updated coverage amount provided, updated & condition resolved. - Due Diligence Vendor-01/02/2026 <br> Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-01/02/2026 <br> Ready for Review-Document Uploaded. Title policy with coverage amt of $XXXX - Seller-12/31/2025 <br> Open-Title Coverage Amount of $XXXX is Less than Loan Amount Provide updated title document covering full loan amount as the one in file shows coverage amount as $XXXX which is less than the loan amount of $XXXX. - Due Diligence Vendor-12/26/2025 | Ready for Review-Document Uploaded. Title policy with coverage amt of $XXXX- Seller-12/31/2025 | Resolved-Requested updated title report with updated coverage amount provided, updated & condition resolved. - Due Diligence Vendor-01/02/2026 <br> Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-01/02/2026 | XXXX Title Policy.pdf |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119871 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Secondary Valuation or Additional Valuation (XXXX Mac) Provided.<br> - Due Diligence Vendor-12/31/2025 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-12/31/2025 <br>Ready for Review-Document Uploaded. FNMA SSR - score of 2.1 - Seller-12/30/2025 <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 The file is missing secondary valuation or additional valuation. Provide a FNMA or FHLMC UCDP/SSR report with a score less than 2.5, or an appraisal desk review.<br> - Due Diligence Vendor-12/26/2025 | Ready for Review-Document Uploaded. FNMA SSR - score of 2.1 - Seller-12/30/2025<br>| Resolved-Secondary Valuation or Additional Valuation (XXXX Mac) Provided.<br> - Due Diligence Vendor-12/31/2025 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-12/31/2025<br>| XXXX SSR.pdf |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119813 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Requested Secondary valuation provided, updated & condition resolved. - Due Diligence Vendor-01/02/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/02/2026 <br>Ready for Review-Document Uploaded. see attached - Seller-12/31/2025 <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 Secondary Valuation due to CU score greater than 2.5 - Due Diligence Vendor-12/28/2025 | Ready for Review-Document Uploaded. see attached - Seller-12/31/2025<br>| Resolved-Requested Secondary valuation provided, updated & condition resolved. - Due Diligence Vendor-01/02/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/02/2026<br>| XXXX V2 XXXX SSR.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119813 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Requested Business Narrative for both business of borrowers provided, updated & condition resolved. - Due Diligence Vendor-01/02/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-12/31/2025 <br>Open-Provide Business Narratives for both borrowers businesses.<br> - Due Diligence Vendor-12/28/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/31/2025<br>| Resolved-Requested Business Narrative for both business of borrowers provided, updated & condition resolved. - Due Diligence Vendor-01/02/2026<br>| XXXX Business Narative.pdf<br> XXXX Business Narrative.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119861 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received Business Narrative. Resolved - Due Diligence Vendor-12/31/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/30/2025 <br>Open-Provide Business Narrative. - Due Diligence Vendor-12/30/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/30/2025<br>| Resolved-Received Business Narrative. Resolved - Due Diligence Vendor-12/31/2025<br>| Business Narrative.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119861 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Requested lock confirmation provided, updated & condition resolved. - Due Diligence Vendor-12/31/2025 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-12/31/2025 <br>Ready for Review-Document Uploaded. See attached - Seller-12/30/2025 <br>Open-Provide Evidence of Rate Lock. - Due Diligence Vendor-12/30/2025 <br>Open-Evidence of Rate Lock Missing Provide Evidence of Rate Lock.<br> - Due Diligence Vendor-12/28/2025 | Ready for Review-Document Uploaded. See attached - Seller-12/30/2025<br>| Resolved-Requested lock confirmation provided, updated & condition resolved. - Due Diligence Vendor-12/31/2025 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-12/31/2025<br>| Lock-In Agreement.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119769 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Credit | Tradeline minimum has not met guidelines | Waived-UW Exception provided on page #272, to allow thin credit without additional non-trad items of 12+ months, recently divorced and left bills kept in spouse name so has only 4 months of new utility bill of her own. - Due Diligence Vendor-01/07/2026 |  | Waived-UW Exception provided on page #272, to allow thin credit without additional non-trad items of 12+ months, recently divorced and left bills kept in spouse name so has only 4 months of new utility bill of her own. - Due Diligence Vendor-01/07/2026<br>|  |  | Credit Score is 773. Minimum required per guidelines is 760.<br> Borrower has $XXXX residual income after all expenses. Minimum required per guideline is $1,650. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119769 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Income/Employment | Income documentation does not meet guidelines | Waived-UW Exception provided on page #272, to utilize alimony with only 2 months of history, has 10+ years future continuance in place but is newly awarded. - Due Diligence Vendor-01/07/2026 |  | Waived-UW Exception provided on page #272, to utilize alimony with only 2 months of history, has 10+ years future continuance in place but is newly awarded. - Due Diligence Vendor-01/07/2026<br>|  |  | Credit Score is 773. Minimum required per guidelines is 760.<br> Borrower has $XXXX residual income after all expenses. Minimum required per guideline is $1,650. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119769 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 5 Does Not Meet Guideline Requirements | Resolved-Evidence receipt for Gift funds Provided. - Due Diligence Vendor-01/06/2026 <br> Resolved-Asset 5 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-01/06/2026 <br> Ready for Review-Document Uploaded. Please see attached - Seller-01/05/2026 <br> Open-Asset 5 Does Not Meet Guideline Requirements Gift Funds of $XXXX reflected on Final 1003. Provide supporting document to evidence receipt of funds - Due Diligence Vendor-12/30/2025 | Ready for Review-Document Uploaded. Please see attached - Seller-01/05/2026<br>| Resolved-Evidence receipt for Gift funds Provided. - Due Diligence Vendor-01/06/2026 <br>Resolved-Asset 5 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-01/06/2026<br>| XXXX paymemt confirmation.pdf<br> XXXX gift from XXXX.pdf<br> Gift Letter XXXX - XXXX.pdf<br> Gift letter with XXXX.pdf<br> Gift Letter XXXX - XXXX.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119769 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Secondary Valuation or Additional Valuation (FNMA SSR) Provided. - Due Diligence Vendor-01/06/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/06/2026 <br>Ready for Review-Document Uploaded. Please see attached. Not above 2.5 - Seller-01/05/2026 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide Secondary Property Valuation - Due Diligence Vendor-12/30/2025 | Ready for Review-Document Uploaded. Please see attached. Not above 2.5 - Seller-01/05/2026<br>| Resolved-Secondary Valuation or Additional Valuation (FNMA SSR) Provided. - Due Diligence Vendor-01/06/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/06/2026<br>| XXXX V1 XXXX SSR.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119769 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-Resolved. The loan meets HPML guidelines. - Due Diligence Vendor-01/07/2026 <br> Open- - Due Diligence Vendor-01/07/2026 <br> Resolved- This loan failed the higher-priced mortgage loan test. (XXXX)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 XXXX, 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 #108-112 reflects escrows. Rate lock date was entered correctly – see Pg #268 An interior and exterior appraisal was completed for this property – see Pg #23, the appraisal disclosure was provided to the borrower(s)- see Pg #324 and copy of the appraisal was given to the borrower – see Pg #89. The loan meets HPML guidelines. - Due Diligence Vendor-01/07/2026 <br> Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX%).(XXXX) This loan failed the higher-priced mortgage loan test. (XXXX)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 XXXX, 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 #108-112 reflects escrows. Rate lock date was entered correctly – see Pg #268 An interior and exterior appraisal was completed for this property – see Pg #40-49, the appraisal disclosure was provided to the borrower(s)- see Pg #261 and copy of the appraisal was given to the borrower – see Pg #324 for the copy of the disclosure. The loan meets HPML guidelines.<br> - Due Diligence Vendor-12/30/2025 <br> Open- - Due Diligence Vendor-01/02/2026 <br> Open- - Due Diligence Vendor-12/30/2025 <br> Open- - Due Diligence Vendor-12/30/2025 |  | Resolved-Resolved. The loan meets HPML guidelines. - Due Diligence Vendor-01/07/2026 <br> Resolved- This loan failed the higher-priced mortgage loan test. (XXXX(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 XXXX, 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 #108-112 reflects escrows. Rate lock date was entered correctly – see Pg #268 An interior and exterior appraisal was completed for this property – see Pg #23, the appraisal disclosure was provided to the borrower(s)- see Pg #324 and copy of the appraisal was given to the borrower – see Pg #89. The loan meets HPML guidelines. - Due Diligence Vendor-01/07/2026 <br> Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (7.73%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (XXXX%).(XXXX This loan failed the higher-priced mortgage loan test. (XXXX))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 XXXX, 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 #108-112 reflects escrows. Rate lock date was entered correctly – see Pg #268 An interior and exterior appraisal was completed for this property – see Pg #40-49, the appraisal disclosure was provided to the borrower(s)- see Pg #261 and copy of the appraisal was given to the borrower – see Pg #324 for the copy of the disclosure. The loan meets HPML guidelines.<br> - Due Diligence Vendor-12/30/2025 |  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119870 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Resolved. Updated fraud report with no alerts. - Due Diligence Vendor-01/05/2026 <br> Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-01/05/2026 <br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-01/05/2026 <br> Open-Fraud Report Shows Uncleared Alerts Per the GL XXXX page #26 a clear fraud report is required. The fraud report in file (page #465) contains an uncleared alert. Provide the updated report.<br> - Due Diligence Vendor-12/30/2025 | Ready for Review-Document Uploaded. Cleared Alerts - Seller-01/05/2026<br>| Resolved-Resolved. Updated fraud report with no alerts. - Due Diligence Vendor-01/05/2026 <br>Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-01/05/2026<br>| Cleared Alerts.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119786 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Evidence of rate lock provided. Resolved - Due Diligence Vendor-01/07/2026 <br>Ready for Review-Document Uploaded. Please see attached - Seller-01/06/2026 <br>Open-Evidence of Rate Lock Missing Provide Evidence of Rate Lock. - Due Diligence Vendor-12/31/2025 | Ready for Review-Document Uploaded. Please see attached - Seller-01/06/2026<br>| Resolved-Evidence of rate lock provided. Resolved - Due Diligence Vendor-01/07/2026<br>| lock history XXXX.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119786 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-CU (XXXX SSR) uploaded, verified & entered in system - Resolved.<br> - Due Diligence Vendor-01/07/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/07/2026 <br>Ready for Review-Document Uploaded. CU score is 1 please see attached - Seller-01/06/2026 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide Secondary Property Valuation. Only received the Appraisal. Provide CU score less than 2.5. If greater than 2.5, a CDA is needed. - Due Diligence Vendor-12/31/2025 | Ready for Review-Document Uploaded. CU score is 1 please see attached - Seller-01/06/2026<br>| Resolved-CU (XXXX SSR) uploaded, verified & entered in system - Resolved.<br> - Due Diligence Vendor-01/07/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/07/2026<br>| XXXX V3 XXXX SSR.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119786 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Business Narrative uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-01/07/2026 <br>Ready for Review-Document Uploaded. Please see attached - Seller-01/06/2026 <br>Open-Provide Business Narrative. - Due Diligence Vendor-12/31/2025 | Ready for Review-Document Uploaded. Please see attached - Seller-01/06/2026<br>| Resolved-Business Narrative uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-01/07/2026<br>| Business Narrative.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119872 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Mavent | XXXX Fee Not Allowed- Disbursement Fee (Fee ID: XXXX) | Resolved-Document Uploaded. The XXXX Office of Consumer Finance, Division of Banking has advised that "title fees" may be passed through and charged to the borrower at the amount incurred by the lender, noting that because such settlement fees are charged by a title agent, they are permissible under XXXX- Due Diligence Vendor-01/13/2026 <br> Ready for Review-Document Uploaded. The XXXX Office of Consumer Finance, Division of Banking has advised that "title fees" may be passed through and charged to the borrower at the amount incurred by the lender, noting that because such settlement fees are charged by a title agent, they are permissible under XXXX - Seller-01/12/2026 <br> Open- - Due Diligence Vendor-01/06/2026 <br> Open-Section 3:1-16.2 of the XXXX Mortgage Loans, Fees, Obligations Provisions (XXXX) does not allow Disbursement Fee (Fee ID: 998) to be charged to the Borrower in XXXX. Disbursement fee is charged in all LEs and CDs, hence update the same. - Due Diligence Vendor-01/05/2026 <br> Open- - Due Diligence Vendor-01/05/2026 | Ready for Review-Document Uploaded. The XXXX Office of Consumer Finance, Division of Banking has advised that "title fees" may be passed through and charged to the borrower at the amount incurred by the lender, noting that because such settlement fees are charged by a title agent, they are permissible under XXXX - Seller-01/12/2026 | Resolved-Document Uploaded. The XXXX Office of Consumer Finance, Division of Banking has advised that "title fees" may be passed through and charged to the borrower at the amount incurred by the lender, noting that because such settlement fees are charged by a title agent, they are permissible under XXXX - Due Diligence Vendor-01/13/2026 | XXXXComplianceEase-Pass.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119872 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Fees:Limited | XXXX - Recording Service Fee (MLFOP)(First Lien) | Resolved-Document Uploaded. The XXXX Office of Consumer Finance, Division of Banking has advised that "title fees" may be passed through and charged to the borrower at the amount incurred by the lender, noting that because such settlement fees are charged by a title agent, they are permissible under XXXX - Due Diligence Vendor-01/13/2026 <br> Ready for Review-Document Uploaded. The XXXX Office of Consumer Finance, Division of Banking has advised that "title fees" may be passed through and charged to the borrower at the amount incurred by the lender, noting that because such settlement fees are charged by a title agent, they are permissible under XXXX.x - Seller-01/12/2026 <br> Open- - Due Diligence Vendor-01/06/2026 <br> Open- - Due Diligence Vendor-01/05/2026 <br> Open- - Due Diligence Vendor-01/05/2026 <br> Open- - Due Diligence Vendor-01/05/2026 <br> Open-You charged a ($XXXX) Recording Service Fee. The XXXX Residential Mortgage Loans, Fees, Obligations Provisions limit the amount of the additional service fee for recording a cancellation of a mortgage to $XXXX. (XXXX) Final CD reflects $XXXX for Recording Release / Service Fee. hence updated this $XXXX under Recording Service fee from the drop down. - Due Diligence Vendor-01/05/2026 <br> Open- - Due Diligence Vendor-01/05/2026 | Ready for Review-Document Uploaded. The XXXX Office of Consumer Finance, Division of Banking has advised that "title fees" may be passed through and charged to the borrower at the amount incurred by the lender, noting that because such settlement fees are charged by a title agent, they are permissible under XXXX - Seller-01/12/2026 | Resolved-Document Uploaded. The XXXX Office of Consumer Finance, Division of Banking has advised that "title fees" may be passed through and charged to the borrower at the amount incurred by the lender, noting that because such settlement fees are charged by a title agent, they are permissible under XXXX - Due Diligence Vendor-01/13/2026 | XXXXComplianceEase-Pass.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119872 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Lender Income Calculation Worksheet uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-01/08/2026 <br> Resolved-Validation Resolved' - Due Diligence Vendor-01/08/2026 <br> Ready for Review-Document Uploaded. Income Worksheet - Seller-01/07/2026 <br> Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. per the final 1003 and 1008, B1 monthly income is $XXXX. Provide lender calculation worksheet validating this amount as it is missing from file. - Due Diligence Vendor-01/05/2026 | Ready for Review-Document Uploaded. Income Worksheet - Seller-01/07/2026<br>| Resolved-Lender Income Calculation Worksheet uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-01/08/2026 <br>Resolved-Validation Resolved' - Due Diligence Vendor-01/08/2026<br>| XXXX Income Calculation Worksheet.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119821 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Credit history does not meet guidelines | Waived-Exception in file on page#347:<br> Exception for subject's initial monthly mortgage payments not being made according to written terms from note. After private loan was issued, the lien holder has agreed (verbally) to actually defer payments until refinance. Interest accrued from XXXX plus late fees are rolled into the payoff total, but private lender does not report borrower as delinquent on VOM status - Due Diligence Vendor-01/05/2026 |  | Waived-Exception in file on page#347:<br> Exception for subject's initial monthly mortgage payments not being made according to written terms from note. After private loan was issued, the lien holder has agreed (verbally) to actually defer payments until refinance. Interest accrued from XXXX plus late fees are rolled into the payoff total, but private lender does not report borrower as delinquent on VOM status - Due Diligence Vendor-01/05/2026 |  |  | Compensating Factors:<br> 75% LTV is equal to the maximum 75% LTV.<br> 761 Representative credit score exceeds the minimum required of 700 by 61 points<br> $36,595.65 reserves exceed the minimum required of $5,557.74 exceeds the minimum by 6 months over the required minimum.<br>| XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119796 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Deed of Trust is Missing | Resolved-Requested fully executed DOT provided, updated & condition resolved. - Due Diligence Vendor-01/08/2026 <br>Resolved-The Deed of Trust is Present - Due Diligence Vendor-01/08/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/07/2026 <br>Open-The Deed of Trust is Missing Provide fully executed Deed of Trust. - Due Diligence Vendor-01/04/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/07/2026<br>| Resolved-Requested fully executed DOT provided, updated & condition resolved. - Due Diligence Vendor-01/08/2026 <br>Resolved-The Deed of Trust is Present - Due Diligence Vendor-01/08/2026<br>| Mortgage - Deed of Trust_2.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119796 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Requested secondary valuation provided, updated & condition resolved. - Due Diligence Vendor-01/08/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/08/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/07/2026 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide Secondary Valuation. Only received Appraisal. Need CU score of 2.5 or less. If over 2.5, provide CDA. - Due Diligence Vendor-01/05/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/07/2026<br>| Resolved-Requested secondary valuation provided, updated & condition resolved. - Due Diligence Vendor-01/08/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/08/2026<br>| XXXX V2 XXXX SSR.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119835 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 3 Does Not Meet Guideline Requirements | Resolved-Received Bridge loan asset statement. Resovled - Due Diligence Vendor-01/14/2026 <br> Resolved-Asset Record 3 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-01/14/2026 <br> Ready for Review-Document Uploaded. 1008 from XXXXloan was in the loan file. UW should have also conditioned for the Home Equity Closing Agreement to be uploaded to this loan. This is also attached - Seller-01/13/2026 <br> Open-Asset Record 3 Does Not Meet G/L Requirements Provide proof of secured borrower funds in the amount of XXXX as per Final 1003. - Due Diligence Vendor-01/06/2026 | Ready for Review-Document Uploaded. 1008 from XXXX Bridge loan was in the loan file. UW should have also conditioned for the Home Equity Closing Agreement to be uploaded to this loan. This is also attached - Seller-01/13/2026 | Resolved-Received Bridge loan asset statement. Resovled - Due Diligence Vendor-01/14/2026 <br>Resolved-Asset Record 3 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-01/14/2026<br>| Bridge Loan Home Equity Agreement.pdf<br>Bridge loan.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119835 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Requested secondary valuation provided, updated & condition resolved. - Due Diligence Vendor-01/08/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/08/2026 <br>Ready for Review-Document Uploaded. See attached not needed - Seller-01/07/2026 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide Secondary property Valuation. Only received Appraisal. Provide CU score of 2.5 or less. If more than 2.5, provide CDA. - Due Diligence Vendor-01/05/2026 | Ready for Review-Document Uploaded. See attached not needed - Seller-01/07/2026<br>| Resolved-Requested secondary valuation provided, updated & condition resolved. - Due Diligence Vendor-01/08/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/08/2026<br>| XXXX V1 XXXX SSR.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119835 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 90% exceeds Guideline LTV of 80% Exception provided on page #364. Exception requested for Credit score is a 727, asking for exception to put 10% down. - Due Diligence Vendor-01/06/2026 |  | Waived-Audited LTV of 90% exceeds Guideline LTV of 80% Exception provided on page #364. Exception requested for Credit score is a 727, asking for exception to put 10% down. - Due Diligence Vendor-01/06/2026<br>|  |  | Client elects to waive with the following compensating factors:<br> Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months.<br> Borrower has been employed at current job for 20 years. <br> Borrower has been employed in same career for 20 years. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119835 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX%).(XXXX) Borrower is Escrowing, escrow disclosures and loan information is on Pg #342 and the Final Closing disclosure on Pg #145-149 reflects escrows. Rate lock date was entered correctly – see Pg #367-368. An interior and exterior appraisal was completed for this property – see Pg #67-70, the appraisal disclosure was provided to the borrower(s)- see Pg #351 and copy of the appraisal was given to the borrower – see Pg #424 for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-01/06/2026 <br> Open- - Due Diligence Vendor-01/07/2026 <br> Open- - Due Diligence Vendor-01/06/2026 <br> Open- - Due Diligence Vendor-01/06/2026 |  | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX%).(XXXX Borrower is Escrowing, escrow disclosures and loan information is on Pg #342 and the Final Closing disclosure on Pg #145-149 reflects escrows. Rate lock date was entered correctly – see Pg #367-368. An interior and exterior appraisal was completed for this property – see Pg #67-70, the appraisal disclosure was provided to the borrower(s)- see Pg #351 and copy of the appraisal was given to the borrower – see Pg #424 for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-01/06/2026 |  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119838 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-UW Exception, page 399, provided for loan amount of XXXX not meeting minimum Loan amount $XXXX - Due Diligence Vendor-01/07/2026 <br> Rescinded-UW Exception, page 399, provided for loan amount of XXXX not meeting minimum Loan amount $XXXX- Due Diligence Vendor-01/07/2026 <br> Rescinded-Audited LTV of 80% exceeds Guideline LTV of 70% Addressed in CLTV Condition. - Due Diligence Vendor-01/02/2026 |  | Waived-UW Exception, page 399, provided for loan amount of $XXXX not meeting minimum Loan amount $XXXX - Due Diligence Vendor-01/07/2026 <br> Rescinded-UW Exception, page 399, provided for loan amount of $XXXX not meeting minimum Loan amount $XXXX000 - Due Diligence Vendor-01/07/2026 <br> Rescinded-Audited LTV of 80% exceeds Guideline LTV of 70% Addressed in CLTV Condition. - Due Diligence Vendor-01/02/2026 |  |  | ($14,668.40) reserves exceed the minimum required of ($5,143.80) exceeds the minimum by (10) months over the required minimum.<br> DSCR ratio of 1.4 exceeds the minimum requirement of 1.0 by 0.4 points.<br> Investor has 3 years of experience with investment properties. <br> 0x30 mortgage history for 27 months. | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119838 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-UW Exception, page 399, provided for loan amount of XXXX not meeting minimum Loan amount $XXXX - Due Diligence Vendor-01/07/2026 <br> Waived-UW Exception, page 399, provided for loan amount of XXXX not meeting minimum Loan amount $XXXX - Due Diligence Vendor-01/07/2026 <br> Open-Audited Loan Amount of $XXXX is less than the Guideline Minimum Loan Amount of $XXXX Exception provided on page #399 for "Exception request to proceed with loan with loan amount of $XXXX", Recommends waiving as we have sufficient comp factors. - Due Diligence Vendor-01/02/2026 |  | Waived-UW Exception, page 399, provided for loan amount of $XXXX not meeting minimum Loan amount $XXXX - Due Diligence Vendor-01/07/2026 <br> Rescinded-UW Exception, page 399, provided for loan amount of $XXXX not meeting minimum Loan amount $XXXX000 - Due Diligence Vendor-01/07/2026 <br> Rescinded-Audited LTV of 80% exceeds Guideline LTV of 70% Addressed in CLTV Condition. - Due Diligence Vendor-01/02/2026 |  |  | ($14,668.40) reserves exceed the minimum required of ($5,143.80) exceeds the minimum by (10) months over the required minimum.<br> DSCR ratio of 1.4 exceeds the minimum requirement of 1.0 by 0.4 points.<br> Investor has 3 years of experience with investment properties. <br> 0x30 mortgage history for 27 months. | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119862 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Requested lock confirmation provided, updated & condition resolved.<br> - Due Diligence Vendor-01/08/2026 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-01/08/2026 <br>Ready for Review-Document Uploaded. Lock History - Seller-01/07/2026 <br>Open-Evidence of Rate Lock Missing Provide Evidence of Rate Lock. - Due Diligence Vendor-01/06/2026 | Ready for Review-Document Uploaded. Lock History - Seller-01/07/2026<br>| Resolved-Requested lock confirmation provided, updated & condition resolved.<br> - Due Diligence Vendor-01/08/2026 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-01/08/2026<br>| Lock history XXXX.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119862 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Requested secondary valuation provided, updated & condition resolved. - Due Diligence Vendor-01/08/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/08/2026 <br>Ready for Review-Document Uploaded. UCD - Seller-01/07/2026 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide Secondary Valuation. Only received appraisal. Provide CU score of 2.5 or less. If greater than 2.5, provide a CDA. - Due Diligence Vendor-01/06/2026 | Ready for Review-Document Uploaded. UCD - Seller-01/07/2026<br>| Resolved-Requested secondary valuation provided, updated & condition resolved. - Due Diligence Vendor-01/08/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/08/2026<br>| XXXX V1 XXXX SSR.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119850 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Received CU score. Resolved - Due Diligence Vendor-01/09/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/09/2026 <br>Ready for Review-Document Uploaded. please see attached - Seller-01/08/2026 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide Secondary Valuation. Only received Appraisal. Provide CU score of 2.5 or less. If greater than 2.5, provide CDA. - Due Diligence Vendor-01/07/2026 | Ready for Review-Document Uploaded. please see attached - Seller-01/08/2026<br>| Resolved-Received CU score. Resolved - Due Diligence Vendor-01/09/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/09/2026<br>| XXXX SSR 1.3.pdf |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119868 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance (XXXX) | Resolved-Resolved - Due Diligence Vendor-01/20/2026 <br> Open- - Due Diligence Vendor-01/20/2026 <br> Ready for Review-Document Uploaded. COC XXXX - Seller-01/20/2026 <br> Counter-Will need the COC for XXXX being added on XXXX- Due Diligence Vendor-01/13/2026 <br> Counter- - Due Diligence Vendor-01/13/2026 <br> Ready for Review-Will need the COC for XXXX being added on XXXX- Due Diligence Vendor-01/13/2026 <br> Open- - Due Diligence Vendor-01/13/2026 <br> Ready for Review-Document Uploaded. Pre closing CD XXXX and seller certificate - Seller-01/13/2026 <br> Open- - Due Diligence Vendor-01/05/2026 <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. (XXXX). Provide the COC for FINAL CD Date XXXX due to Points - Loan Discount Fee $XXXX. Newly added. - Due Diligence Vendor-01/05/2026 <br> Open- - Due Diligence Vendor-01/05/2026 | Ready for Review-Document Uploaded. COC XXXX - Seller-01/20/2026 <br> Ready for Review-Document Uploaded. Pre closing CD XXXX and seller certificate - Seller-01/13/2026 | Resolved-Resolved - Due Diligence Vendor-01/20/2026<br>| XXXX_Seller Certificate.pdf<br> Pre-Closing.pdf<br> XXXX COC XXXX.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119868 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Lender Credits That Cannot Decrease Test (XXXX) | Resolved- - Due Diligence Vendor-01/20/2026 <br> Ready for Review-Document Uploaded. COC XXXX - Seller-01/20/2026 <br> Counter-Updated Revised CD still need the COC for the credit decreasing to XXXX from XXXX to XXXX - Due Diligence Vendor-01/13/2026 <br> Open- - Due Diligence Vendor-01/13/2026 <br> Ready for Review-Document Uploaded. Pre closing CD XXXX and seller certificate - Seller-01/13/2026 <br> Open- - Due Diligence Vendor-01/05/2026 <br> Open-The baseline amount of non-specific (lump sum) lender credits and specific lender credits disclosed is ($XXXX). The Last CD shows a total lender credit amount of ($XXX). 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. (XXXX) and comments (XXXX). Provide the COC for FINAL CD Date XXXX due to Lender Credits Decreased from Initial CD Date XXXX Fee $XXXX to Final CD Date XXXX. Fee $XXXX. Decrease fee $XXXX. - Due Diligence Vendor-01/05/2026 <br> Open- - Due Diligence Vendor-01/05/2026 | Ready for Review-Document Uploaded. COC XXXX - Seller-01/20/2026 <br> Ready for Review-Document Uploaded. Pre closing CD XXXX and seller certificate - Seller-01/13/2026 | Resolved- - Due Diligence Vendor-01/20/2026<br>| Pre-Closing.pdf<br> XXXX_Seller Certificate.pdf<br> XXXX COC XXXX.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119868 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Homeowners Association Questionnaire | Resolved-HOA Questionnaire is Present - Due Diligence Vendor-01/13/2026 <br>Ready for Review-Document Uploaded. HOA Questionaire - Seller-01/13/2026 <br>Open-HOA Questionnaire is Missing or Partial. - Due Diligence Vendor-01/05/2026 | Ready for Review-Document Uploaded. HOA Questionaire - Seller-01/13/2026<br>| Resolved-HOA Questionnaire is Present - Due Diligence Vendor-01/13/2026<br>| Condominium Questionnaire Worksheet.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119809 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Secondary Valuation or Additional Valuation (FNMA SSR) provided.<br> - Due Diligence Vendor-01/13/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/13/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/12/2026 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide Secondary Valuation. Only received Appraisal. Provide CU score of 2.5 or less. If greater than 2.5, provide CDA. - Due Diligence Vendor-01/09/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/12/2026<br>| Resolved-Secondary Valuation or Additional Valuation (FNMA SSR) provided.<br> - Due Diligence Vendor-01/13/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/13/2026<br>| XXXX V4 XXXX SSR.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119809 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Condo project is ineligible | Waived-Exception Approval provided on p446. Condo exception - This Project's Master Insurance Policy has a 10% excessive wind/hail deductible. Master insurance also has roofs over 14 years of age included in actual cash valuation rather than replacement cost. Per the HOA, the roofs were done in 2019. - Due Diligence Vendor-01/09/2026 |  | Waived-Exception Approval provided on p446. Condo exception - This Project's Master Insurance Policy has a 10% excessive wind/hail deductible. Master insurance also has roofs over 14 years of age included in actual cash valuation rather than replacement cost. Per the HOA, the roofs were done in 2019. - Due Diligence Vendor-01/09/2026<br>|  |  | Client elects to waive with the following compensating factors:<br> 0x30 mortgage history for 72 months.<br> $32,013 reserves exceed the minimum required of $6,562 exceeds the minimum by 23 months over the required minimum.<br> DSCR is 1.28. Minimum required per guidelines is 0.75.<br>| XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119804 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Received asset depletion calculator. Resolved - Due Diligence Vendor-01/09/2026 <br>Resolved-Validation Resolved' - Due Diligence Vendor-01/09/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/09/2026 <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Provide Asset Depletion calculator.<br> - Due Diligence Vendor-01/08/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/09/2026<br>| Resolved-Received asset depletion calculator. Resolved - Due Diligence Vendor-01/09/2026 <br>Resolved-Validation Resolved' - Due Diligence Vendor-01/09/2026<br>| BW-Asset Depletion Calculator updated.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119804 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Homeowners Association Questionnaire | Resolved-Received Condo Approval cert. Questionnaire not needed per XXXX XXXX. - Due Diligence Vendor-01/09/2026 <br>Resolved-HOA Questionnaire is Present - Due Diligence Vendor-01/09/2026 <br>Open-HOA Questionnaire is Missing or Partial. - Due Diligence Vendor-01/09/2026 <br>Ready for Review-Document Uploaded. Not needed CPM approval attached - Seller-01/09/2026 <br>Open-HOA Questionnaire is Missing or Partial. Provide fully completed HOA Questionnaire.<br> - Due Diligence Vendor-01/08/2026 | Ready for Review-Document Uploaded. Not needed CPM approval attached - Seller-01/09/2026<br>| Resolved-Received Condo Approval cert. Questionnaire not needed per XXXX XXXX. - Due Diligence Vendor-01/09/2026 <br>Resolved-HOA Questionnaire is Present - Due Diligence Vendor-01/09/2026<br>| CPM - XXXX Approved.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119804 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Received CU score. Resolved - Due Diligence Vendor-01/09/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/09/2026 <br>Ready for Review-Document Uploaded. Please see attached - Seller-01/09/2026 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide Secondary Valuation. Only Appraisal received. Provide CU score of 2.5 or less. If greater than 2.5, provide CDA. - Due Diligence Vendor-01/08/2026 | Ready for Review-Document Uploaded. Please see attached - Seller-01/09/2026<br>| Resolved-Received CU score. Resolved - Due Diligence Vendor-01/09/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/09/2026<br>| XXXX V1 XXXX SSR.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119804 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Received rate lock. Resolved - Due Diligence Vendor-01/09/2026 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-01/09/2026 <br>Ready for Review-Document Uploaded. Please see attached - Seller-01/09/2026 <br>Open-Evidence of Rate Lock Missing Provide Evidence of Rate Lock. - Due Diligence Vendor-01/08/2026 | Ready for Review-Document Uploaded. Please see attached - Seller-01/09/2026<br>| Resolved-Received rate lock. Resolved - Due Diligence Vendor-01/09/2026 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-01/09/2026<br>| lock history.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119804 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (7.75%). 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 (XXXX%).(XXXX) Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 442 and the Final Closing disclosure on Pg#'s 245, Finding reflects escrows. Rate lock date not provided. An interior and exterior appraisal was completed for this property – see pg 37 , the appraisal disclosure was provided to the borrower(s)- see Pg#'s 233, and confirmation the appraisal was delivered to the borrower – see Pg#'s 233. The loan does not meet HPML guidelines.<br> - Due Diligence Vendor-01/08/2026 <br> Open- - Due Diligence Vendor-01/08/2026 <br> Open- - Due Diligence Vendor-01/08/2026 |  | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX%).(XXXX Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 442 and the Final Closing disclosure on Pg#'s 245, Finding reflects escrows. Rate lock date not provided. An interior and exterior appraisal was completed for this property – see pg 37 , the appraisal disclosure was provided to the borrower(s)- see Pg#'s 233, and confirmation the appraisal was delivered to the borrower – see Pg#'s 233. The loan does not meet HPML guidelines.<br> - Due Diligence Vendor-01/08/2026 |  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119812 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Asset do not meet guidelines | Waived-Exception on p768, 770 : Exception for use of gift funds on a Second Home purchase - wife who is not on the loan will be gifting the 25% down (also taking title on the deed) - Due Diligence Vendor-01/12/2026 |  | Waived-Exception on p768, 770 : Exception for use of gift funds on a Second Home purchase - wife who is not on the loan will be gifting the 25% down (also taking title on the deed) - Due Diligence Vendor-01/12/2026<br>|  |  | Credit Score is 789. Minimum required per guidelines is 740.<br> LTV is 75%. Maximum allowed per guidelines is 90%.<br> Residual Income is $XXXX. Minimum Residual Income required per guidelines is $XXXX. <br> 31.62% DTI is below the maximum 50% DTI by 18.38%. | XXXX | Second Home | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119805 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Doc Locator is Missing or Partial | Resolved-Received Guaranty agreement. Resolved - Due Diligence Vendor-01/14/2026 <br>Resolved-Validation Resolved' - Due Diligence Vendor-01/14/2026 <br>Ready for Review-Document Uploaded. see attached - Seller-01/14/2026 <br>Counter-Business purpose loan. Provide the signed Guaranty Agreement. - Due Diligence Vendor-01/09/2026 <br>Ready for Review-Please disregard previous note. I am in need of clarification on the condition. what is needed here? - Seller-01/09/2026 <br>Ready for Review-This appears to be a conventional loan, are we sure this is needed? Cannot locate in file - Seller-01/09/2026 <br>Open-Guaranty Agreement Doc is Missing or Partial Provide executed Guaranty Agreement. - Due Diligence Vendor-01/08/2026 | Ready for Review-Document Uploaded. COC XXXX - Seller-01/20/2026 <br> Ready for Review-Document Uploaded. Pre closing CD XXXX and seller certificate - Seller-01/13/2026 | Resolved-Received Guaranty agreement. Resolved - Due Diligence Vendor-01/14/2026 <br>Resolved-Validation Resolved' - Due Diligence Vendor-01/14/2026<br>| guaranty final XXXX.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119805 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Eligibility | Business Entity EIN Number Missing | Resolved-Ein No Missing in file, provided EIN Document, changes made in system, Finding Resolved - Due Diligence Vendor-01/14/2026 <br>Ready for Review-Document Uploaded. see attached - Seller-01/13/2026 <br>Open-Provide Business Entity EIN. - Due Diligence Vendor-01/08/2026 | Ready for Review-Document Uploaded. see attached - Seller-01/13/2026<br>| Resolved-Ein No Missing in file, provided EIN Document, changes made in system, Finding Resolved - Due Diligence Vendor-01/14/2026<br>| Title - Closing in LLC Documentation.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119805 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Received rate lock agreement. Resolved - Due Diligence Vendor-01/09/2026 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-01/09/2026 <br>Ready for Review-Document Uploaded. Please see attached - Seller-01/09/2026 <br>Open-Evidence of Rate Lock Missing Provide Evidence of Rate Lock. - Due Diligence Vendor-01/08/2026 | Ready for Review-Document Uploaded. Please see attached - Seller-01/09/2026<br>| Resolved-Received rate lock agreement. Resolved - Due Diligence Vendor-01/09/2026 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-01/09/2026<br>| Lock history XXXX.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119805 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 80% exceeds Guideline LTV of 75% As per Metrix dated XXXX, the first-time investor LTV must not exceed 75%. However, the audited LTV is 80%. An exception has been provided on page 329.<br> Borrower is a first time investor using the DSCR program and needs 80% LTV vs the 75% guideline. (He does own a primary residence currently). - Due Diligence Vendor-01/08/2026 |  | Waived-Audited LTV of 80% exceeds Guideline LTV of 75% As per Metrix dated 10/17/2025, the first-time investor LTV must not exceed 75%. However, the audited LTV is 80%. An exception has been provided on page 329.<br> Borrower is a first time investor using the DSCR program and needs 80% LTV vs the 75% guideline. (He does own a primary residence currently). - Due Diligence Vendor-01/08/2026<br>|  |  | Client elects to waive with the following compensating factors:<br> Borrower(s) have 31.24 months Reserves. Minimum required per guidelines is 6 months.<br> Credit Score is 780. Minimum required per guidelines is 720.<br> DSCR is 1.008. Minimum required per guidelines is 0.75. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119853 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Second Appraisal /valuation is Missing in file, provided XXXX,. Changes made in system, Finding Resolved - Due Diligence Vendor-01/14/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/14/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/13/2026 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide Secondary Valuation. Only received Appraisal. Provide CU score of 2.5 or less. If greater than 2.5, provide CDA. - Due Diligence Vendor-01/09/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/13/2026<br>| Resolved-Second Appraisal /valuation is Missing in file, provided XXXX,. Changes made in system, Finding Resolved - Due Diligence Vendor-01/14/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/14/2026<br>| XXXX SSR.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119803 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Third Party Market Rent Source (IE. 1007, 1025, etc.) | Resolved-Received XXXX short term rent. Resolved - Due Diligence Vendor-01/09/2026 <br> Resolved-Validation Resolved - Due Diligence Vendor-01/09/2026 <br> Ready for Review-Document Uploaded. Please see the attached - Seller-01/09/2026 <br> Open-Third party market rent estimate is missing, a document establishing third party market rent source is missing from file, such as a 1007, 1025, etc. Provide Short Term rental document from XXXX in the amount of $XXXX.. - Due Diligence Vendor-01/08/2026 | Ready for Review-Document Uploaded. Please see the attached - Seller-01/09/2026<br>| Resolved-Received XXXX short term rent. Resolved - Due Diligence Vendor-01/09/2026 <br>Resolved-Validation Resolved - Due Diligence Vendor-01/09/2026<br>| Short-Term Rent Schedule.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119803 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Received CU score. Resolved - Due Diligence Vendor-01/09/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/09/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/09/2026 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide Secondary Valuation. Only received Appraisal. Provide CU score of 2.5 or less. If greater than 2.5, provide CDA. - Due Diligence Vendor-01/08/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/09/2026<br>| Resolved-Received CU score. Resolved - Due Diligence Vendor-01/09/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/09/2026<br>| XXXX V1 XXXX SSR.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119854 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Secondary Valuation or Additional Valuation (FNMA SSR) provided.<br> - Due Diligence Vendor-01/13/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/13/2026 <br>Ready for Review-Document Uploaded. Please see attached - Seller-01/12/2026 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide Secondary Valuation - Due Diligence Vendor-01/09/2026 | Ready for Review-Document Uploaded. Please see attached - Seller-01/12/2026<br>| Resolved-Secondary Valuation or Additional Valuation (FNMA SSR) provided.<br> - Due Diligence Vendor-01/13/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/13/2026<br>| XXXX SSR.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119770 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Business Purpose Affidavit is Missing | Resolved-Requested Final Business Purpose Affidavit Disclosure provided, updated & condition resolved. - Due Diligence Vendor-01/20/2026 <br>Resolved-The Business Purpose Affidavit is present or Not Applicable (1008 Page Loan Type is DSCR.) - Due Diligence Vendor-01/20/2026 <br>Ready for Review-Document Uploaded. - Seller-01/16/2026 <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. Provide notarized Business Purpose Affidavit form. - Due Diligence Vendor-01/07/2026 | Ready for Review-Document Uploaded. - Seller-01/16/2026<br>| Resolved-Requested Final Business Purpose Affidavit Disclosure provided, updated & condition resolved. - Due Diligence Vendor-01/20/2026 <br>Resolved-The Business Purpose Affidavit is present or Not Applicable (1008 Page Loan Type is DSCR.) - Due Diligence Vendor-01/20/2026<br>| XXXX.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119770 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-Received Title commitment. Resolved - Due Diligence Vendor-01/09/2026 <br>Resolved-Title Document is fully Present - Due Diligence Vendor-01/09/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/08/2026 <br>Open-Title Document is missing Provide Preliminary Title. - Due Diligence Vendor-01/06/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/08/2026<br>| Resolved-Received Title commitment. Resolved - Due Diligence Vendor-01/09/2026 <br>Resolved-Title Document is fully Present - Due Diligence Vendor-01/09/2026<br>| Title Commitment (2) (42).pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119770 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Missing Doc | Missing Lease Agreement | Waived-Lease agreement document for Unit 3 is missing in file Exception provided on page #387. Exception requested for Use of 4th unit market rent amount from appraisal as a part of rent total - only 3 units currently actively<br> rented with 4th unit listed now (using current 3 units DSCR ratio .93, but becomes 1.33 with market rent rate for 4th added).<br>- Due Diligence Vendor-01/07/2026 |  | Waived-Lease agreement document for Unit 3 is missing in file Exception provided on page #387. Exception requested for Use of 4th unit market rent amount from appraisal as a part of rent total - only 3 units currently actively<br> rented with 4th unit listed now (using current 3 units DSCR ratio .93, but becomes 1.33 with market rent rate for 4th added).<br>- Due Diligence Vendor-01/07/2026<br>|  |  | Client elects to waive with the following compensating factors:<br> 787 Representative credit score exceeds the minimum required of 700 by 87 points.<br> Borrower(s) have 16.85 months Reserves. Minimum required per guidelines is 6 months.<br> Borrower has real estate investment experience as seasoned investor with more than 2 prior investments displaying at least 0x30x12 pay history. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119859 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Initial Closing Disclosure | Resolved-Initial Closing Disclosure document provided. Updated & Resolved.<br> - Due Diligence Vendor-01/13/2026 <br>Ready for Review-Document Uploaded. Please see the attached - Seller-01/12/2026 <br>Open-TRID: Missing Closing Disclosure Provide Initial Closing Disclosure. - Due Diligence Vendor-01/07/2026 | Ready for Review-Document Uploaded. Please see the attached - Seller-01/12/2026<br>| Resolved-Initial Closing Disclosure document provided. Updated & Resolved.<br> - Due Diligence Vendor-01/13/2026<br>| Proof of delivery Initial CD XXXX.pdf<br> Initial CD XXXX.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119859 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-01/13/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/12/2026 <br>Open-Evidence of Rate Lock Missing Provide Evidence of Rate Lock. - Due Diligence Vendor-01/07/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/12/2026<br>| Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-01/13/2026<br>| Lock-In Agreement.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119859 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Secondary Valuation or Additional Valuation (FNMA SSR) provided.<br> - Due Diligence Vendor-01/13/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/13/2026 <br>Ready for Review-Document Uploaded. Please see the attached - Seller-01/12/2026 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide Secondary Valuation. Only received Appraisal. Provide CU score of 2.5 or less. If greater than 2.5, provide CDA. - Due Diligence Vendor-01/07/2026 | Ready for Review-Document Uploaded. Please see the attached - Seller-01/12/2026<br>| Resolved-Secondary Valuation or Additional Valuation (FNMA SSR) provided.<br> - Due Diligence Vendor-01/13/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/13/2026<br>| XXXX V2 XXX SSR.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119859 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Business Narrative Provided. - Due Diligence Vendor-01/13/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/12/2026 <br>Open-Provide Business Narrative.<br> - Due Diligence Vendor-01/07/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/12/2026<br>| Resolved-Business Narrative Provided. - Due Diligence Vendor-01/13/2026<br>| Business Narrative_2.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119855 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Secondary Valuation or Additional Valuation (FNMA SSR) provided.<br> - Due Diligence Vendor-01/13/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/13/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/12/2026 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide Secondary Valuation or Additional Valuation - Due Diligence Vendor-01/09/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/12/2026<br>| Resolved-Secondary Valuation or Additional Valuation (FNMA SSR) provided.<br> - Due Diligence Vendor-01/13/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/13/2026<br>| XXXX V1 XXXX SSR.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119855 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Eligibility | Business Entity EIN Number Missing | Resolved-received EIN/resolved - Due Diligence Vendor-01/13/2026 <br>Ready for Review-Document Uploaded. Please see page 5 of the attached 39-3841673 - Seller-01/12/2026 <br>Open-Please provide Business Entity EIN. - Due Diligence Vendor-01/09/2026 | Ready for Review-Document Uploaded. Please see page 5 of the attached 39-3841673 - Seller-01/12/2026<br>| Resolved-received EIN/resolved - Due Diligence Vendor-01/13/2026<br>| Bravos Business Docs.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119797 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Second Appraisal /valuation is Missing in file, provided XXXX,. Changes made in system, Finding Resolved<br> - Due Diligence Vendor-01/14/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/14/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/13/2026 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide Secondary Valuation. Only received Appraisal. Provide CU score of 2.5 or less. If greater than 2.5, provide CDA. - Due Diligence Vendor-01/08/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/13/2026<br>| Resolved-Second Appraisal /valuation is Missing in file, provided XXXX,. Changes made in system, Finding Resolved<br> - Due Diligence Vendor-01/14/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/14/2026<br>| XXXX SSR.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119797 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Business Narrative is missing in file, provided the same, changes made in system, Finding Resolved<br> - Due Diligence Vendor-01/14/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/13/2026 <br>Open-Provide Business Narrative. - Due Diligence Vendor-01/08/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/13/2026<br>| Resolved-Business Narrative is missing in file, provided the same, changes made in system, Finding Resolved<br> - Due Diligence Vendor-01/14/2026<br>| Business Narrative.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119798 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Business Narrative received. - Due Diligence Vendor-01/21/2026 <br>Resolved-narrative rec'd/resolved - Due Diligence Vendor-01/14/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/13/2026 <br>Open-Provide Business Narrative - Due Diligence Vendor-01/12/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/13/2026<br>| Resolved-Business Narrative received. - Due Diligence Vendor-01/21/2026 <br>Resolved-narrative rec'd/resolved - Due Diligence Vendor-01/14/2026<br>| m - Business narratives signed.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119798 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | DTI discrepancy or failure. | Resolved-Requested updated 1008 with correct all other monthly payments & DTI provided, updated & condition resolved. - Due Diligence Vendor-01/20/2026 <br> Ready for Review-Document Uploaded. See attached - Seller-01/16/2026 <br> Open-Audited DTI 16.29% and Originator DTI 17.34%, Variance is 1.05% which is due to that Originator consider Monthly debt as $XXXX whereas per our Audit it is $XXXX (Credit liabilities $XXXX + PITIA $XXXX+REO Rent loss $XXXX+No owner occupied $XXXX).<br> - Due Diligence Vendor-01/12/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/16/2026<br>| Resolved-Requested updated 1008 with correct all other monthly payments & DTI provided, updated & condition resolved. - Due Diligence Vendor-01/20/2026<br>| 1008 Transmittal Summary_3.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119790 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Secondary Valuation or Additional Valuation (FNMA SSR) provided.<br> - Due Diligence Vendor-01/13/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/13/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/12/2026 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide Secondary Valuation - Due Diligence Vendor-01/08/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/12/2026<br>| Resolved-Secondary Valuation or Additional Valuation (FNMA SSR) provided.<br> - Due Diligence Vendor-01/13/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/13/2026<br>| XXXX V3 XXXX SSR.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119844 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Assets | Asset General | Waived-UW Exception provided on page #357, for Gift of Equity from parent on a Prime Non-Agency Loan Investment Property. - Due Diligence Vendor-01/14/2026 |  | Waived-UW Exception provided on page #357, for Gift of Equity from parent on a Prime Non-Agency Loan Investment Property. - Due Diligence Vendor-01/14/2026 |  |  | 780 Representative credit score exceeds the minimum required of 740by 40 points<br> 26.54% DTI is below the maximum 50% DTI by 23.46%.<br> Borrower(s) have 60.95 months Reserves. Minimum required per guidelines is 6 months. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119844 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Second Appraisal /valuation is Missing in file, provided XXXX,. Changes made in system, Finding Resolved - Due Diligence Vendor-01/14/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/14/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/13/2026 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide Secondary Valuation or Additional Valuation i - Due Diligence Vendor-01/12/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/13/2026<br>| Resolved-Second Appraisal /valuation is Missing in file, provided XXXX,. Changes made in system, Finding Resolved - Due Diligence Vendor-01/14/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/14/2026<br>| XXXX SSR 1.4.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119801 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Second Appraisal /valuation is Missing in file, provided XXXX,. Changes made in system, Finding Resolved - Due Diligence Vendor-01/14/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/14/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/13/2026 <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 - Due Diligence Vendor-01/10/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/13/2026<br>| Resolved-Second Appraisal /valuation is Missing in file, provided XXXX,. Changes made in system, Finding Resolved - Due Diligence Vendor-01/14/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/14/2026<br>| XXXX V2 XXXX SSR.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119815 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received Business Narrative. Resolved - Due Diligence Vendor-01/14/2026 <br>Ready for Review-Document Uploaded. - Seller-01/13/2026 <br>Open-Provide Business Narrative. - Due Diligence Vendor-01/12/2026 | Ready for Review-Document Uploaded. - Seller-01/13/2026<br>| Resolved-Received Business Narrative. Resolved - Due Diligence Vendor-01/14/2026<br>| Business Narrative.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119774 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Audited Loan Amount of $XXXX is less than the Guideline Minimum Loan Amount of $XXXX Exception provided on page #234. Requested for Loan amount less than $XXXX. - Due Diligence Vendor-01/09/2026 |  | Waived-Audited Loan Amount of XXXX is less than the Guideline Minimum Loan Amount of XXXX Exception provided on page #234. Requested for Loan amount less than $XXXX. - Due Diligence Vendor-01/09/2026 |  |  | Client elects to waive with the following compensating factors:<br> DSCR ratio of 1.34 exceeds the minimum requirement of 0.75 by 0.59 points.<br> Audited Credit report, and no derogatory pay history on credit.<br> Borrower(s) have 100.58 months Reserves. Minimum required per guidelines is 6 months. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | No |
| XXXX | XXXX | 4350119849 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Appraisal is Missing | Resolved-Received Appraisal. - Due Diligence Vendor-01/20/2026 <br>Resolved-Appraisal is Present or is Waived - Due Diligence Vendor-01/20/2026 <br>Ready for Review-Document Uploaded. - Seller-01/16/2026 <br>Counter-Received Short term rent document. Still need Full Appraisal for subject property. Countered - Due Diligence Vendor-01/14/2026 <br>Ready for Review-Document Uploaded. - Seller-01/14/2026 <br>Open-Appraisal is Missing Provide Appraisal for subject property. - Due Diligence Vendor-01/11/2026 | Ready for Review-Document Uploaded. - Seller-01/16/2026 <br>Ready for Review-Document Uploaded. - Seller-01/14/2026<br>| Resolved-Received Appraisal. - Due Diligence Vendor-01/20/2026 <br>Resolved-Appraisal is Present or is Waived - Due Diligence Vendor-01/20/2026<br>| XXXX-F2 1007 Short-Term Rent Schedule (STR F.pdf<br> XXXX V2 Appraisal.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119849 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received Title policy covering loan amount. - Due Diligence Vendor-01/15/2026 <br> Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-01/15/2026 <br> Ready for Review-Document Uploaded. - Seller-01/15/2026 <br> Open-Title Coverage Amount of $XXXX is Less than Loan Amount Provide Title commitment to cover loan amount of $XXXX. - Due Diligence Vendor-01/12/2026 | Ready for Review-Document Uploaded. - Seller-01/15/2026<br>| Resolved-Received Title policy covering loan amount. - Due Diligence Vendor-01/15/2026 <br> Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-01/15/2026 | XXXX Mod (MTI)_3.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119816 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received Business Narrative. - Due Diligence Vendor-01/20/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/16/2026 <br>Open-Provide Business Narrative. - Due Diligence Vendor-01/15/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/16/2026<br>| Resolved-Received Business Narrative. - Due Diligence Vendor-01/20/2026<br>| Business Narrative_2.pdf |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119816 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV Exceeds Guideline LTV The borrower qualifies with a FICO score of 733. As per the metric dated XXXX, for XXXX with a FICO score of 700, the maximum LTV allowed is 80%. The current LTV is not within the guideline; therefore, an exception has been provided on page #554.<br> - Due Diligence Vendor-01/15/2026 |  | Waived-Audited LTV Exceeds Guideline LTV The borrower qualifies with a FICO score of 733. As per the metric dated XXXX, for XXXX with a FICO score of 700, the maximum LTV allowed is 80%. The current LTV is not within the guideline; therefore, an exception has been provided on page #554.<br> - Due Diligence Vendor-01/15/2026 |  |  | Client elects to waive with the following compensating factors:<br> Borrower(s) have 28.77 months Reserves. Minimum required per guidelines is 6 months.<br> DTI is 16.5%. Maximum allowed per guidelines is 50%.<br> Borrower has worked in same industry more than 20 years. | XXXX | Second Home | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119816 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Asset do not meet guidelines | Waived-Exception on page#554 Gift funds to be used on purchase of Second Home. - Due Diligence Vendor-01/15/2026 |  | Waived-Exception on page#554 Gift funds to be used on purchase of Second Home. - Due Diligence Vendor-01/15/2026<br>|  |  | Borrower(s) have 28.77 months Reserves. Minimum required per guidelines is 6 months.<br> DTI is 16.5%. Maximum allowed per guidelines is 50%.<br> Borrower has worked in same industry more than 20 years. | XXXX | Second Home | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119834 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Third Party Market Rent Source (IE. 1007, 1025, etc.) | Resolved-Received Short term rent. Resolved - Due Diligence Vendor-01/14/2026 <br>Resolved-Validation Resolved - Due Diligence Vendor-01/14/2026 <br>Ready for Review-Document Uploaded. See the attached - Seller-01/14/2026 <br>Open-Third party market rent estimate is missing, a document establishing third party market rent source is missing from file, such as a 1007, 1025, etc. Provide Short term rental documentation used to qualify. - Due Diligence Vendor-01/13/2026 | Ready for Review-Document Uploaded. See the attached - Seller-01/14/2026<br>| Resolved-Received Short term rent. Resolved - Due Diligence Vendor-01/14/2026 <br>Resolved-Validation Resolved - Due Diligence Vendor-01/14/2026<br>| XXXX Short-Term Rent Schedule (STR Form) V1 Appr.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119839 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-Received VOR and LOE from landlord. - Due Diligence Vendor-01/29/2026 <br> Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-01/29/2026 <br> Ready for Review-Document Uploaded. See attached - Seller-01/28/2026 <br> Counter-VOR not attached to documents. Received LOE from landlord stating borrower was never over 30 days lates. Still need VOR for "XXXX" to complete housing history. - Due Diligence Vendor-01/22/2026 <br> Ready for Review-Document Uploaded. - Seller-01/22/2026 <br> Open-Housing History Does Not Meet Guideline Requirements Provide prior Housing history for B1. Housing history verified for 7 Months per VOR provide. Need VOR for previous address "XXXX" to complete housing history. - Due Diligence Vendor-01/16/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/28/2026 <br>Ready for Review-Document Uploaded. - Seller-01/22/2026<br>| Resolved-Received VOR and LOE from landlord. - Due Diligence Vendor-01/29/2026 <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-01/29/2026<br>| VOR - LOX from XXXX on VOR no 30 day lates.pdf<br> VOR--XXXX.pdf<br> VOR - LOX from XXXX on VOR no 30 day lates.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119839 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received Business Narrative. - Due Diligence Vendor-01/22/2026 <br>Ready for Review-Document Uploaded. - Seller-01/22/2026 <br>Open-Provide Business Narrative for B1's Employment. - Due Diligence Vendor-01/16/2026 | Ready for Review-Document Uploaded. - Seller-01/22/2026<br>| Resolved-Received Business Narrative. - Due Diligence Vendor-01/22/2026<br>| Business Narrative.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119839 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV Requirements | Waived-Audited CLTV of 90% exceeds Guideline CLTV of 80% We have exception in file on page #498 for "1) Exception for 90% LTV purchase and credit score below 760". - Due Diligence Vendor-01/16/2026 |  | Waived-Audited CLTV of 90% exceeds Guideline CLTV of 80% We have exception in file on page #498 for "1) Exception for 90% LTV purchase and credit score below 760". - Due Diligence Vendor-01/16/2026<br>|  |  | Client elects to waive with the following compensating factors:<br> 31.13% DTI is below the maximum 50% DTI by 18.87%.<br> $65,043 reserves exceed the minimum required of $17,329 exceeds the minimum by 4 months over the required minimum.<br> 739 Representative credit score exceeds the minimum required of 700 by 39 points. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119839 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Payment shock exceeds guideline | Waived-We have exception in file on page #498 for "Payment shock for a FTHB of 165%". - Due Diligence Vendor-01/16/2026 |  | Waived-We have exception in file on page #498 for "Payment shock for a FTHB of 165%". - Due Diligence Vendor-01/16/2026<br>|  |  | Client elects to waive with the following compensating factors:<br> Borrower 1 has been employed at current job for 4 years. <br> Borrower 2 has been employed at current job for 3.7 years. <br> 739 Representative credit score exceeds the minimum required of 700 by 39 points. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119839 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX%).(XXXX) This loan failed the higher-priced mortgage loan test. (XXXX)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 XXXX, 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 469 and the Final Closing disclosure on Pg#'s 216, reflects escrows. Rate lock date was entered correctly – see Pg#'s 489. An interior and exterior appraisal was completed for this property – see pg 58, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 614, and confirmation the appraisal was delivered to the borrower – see Pg#'s 191. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-01/16/2026 <br> Open- - Due Diligence Vendor-01/20/2026 <br> Open- - Due Diligence Vendor-01/16/2026 <br> Open- - Due Diligence Vendor-01/16/2026 |  | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX%).(XXXX This loan failed the higher-priced mortgage loan test. (XXXX(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 XXXX, 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 469 and the Final Closing disclosure on Pg#'s 216, reflects escrows. Rate lock date was entered correctly – see Pg#'s 489. An interior and exterior appraisal was completed for this property – see pg 58, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 614, and confirmation the appraisal was delivered to the borrower – see Pg#'s 191. The loan meets HPML guidelines, resolved. - Due Diligence Vendor-01/16/2026 |  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119845 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 4 Does Not Meet Guideline Requirements | Resolved-Executed Seller statement provided. - Due Diligence Vendor-01/29/2026 <br> Resolved-Asset 4 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-01/29/2026 <br> Ready for Review-Document Uploaded. Please see attached - Seller-01/28/2026 <br> Counter-Proof of funds received missing from file. Funds not wired directly to Escrow and no verification funds received by borrower. - Due Diligence Vendor-01/23/2026 <br> Ready for Review-Document Uploaded. - Seller-01/22/2026 <br> Open-Asset 4 Does Not Meet Guideline Requirements Proof of receipt of proceeds from sale of property in the amount of $XXXX missing from file. - Due Diligence Vendor-01/16/2026 | Ready for Review-Document Uploaded. Please see attached - Seller-01/28/2026 <br>Ready for Review-Document Uploaded. - Seller-01/22/2026<br>| Resolved-Executed Seller statement provided. - Due Diligence Vendor-01/29/2026 <br>Resolved-Asset 4 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-01/29/2026<br>| prelim CD sale of curr home.pdf<br>prelim CD sale of curr home.pdf<br>Proof of Sale of Previous Home.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119845 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Rate Lock Confirmation provided. - Due Diligence Vendor-01/27/2026 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-01/27/2026 <br>Ready for Review-Document Uploaded. - Seller-01/26/2026 <br>Counter-Rate lock provided does not reflect rate was locked. - Due Diligence Vendor-01/23/2026 <br>Ready for Review-Document Uploaded. - Seller-01/22/2026 <br>Open-Evidence of Rate Lock Missing Rate Lock is Missing from loan file. - Due Diligence Vendor-01/16/2026 | Ready for Review-Document Uploaded. - Seller-01/26/2026 <br>Ready for Review-Document Uploaded. - Seller-01/22/2026<br>| Resolved-Rate Lock Confirmation provided. - Due Diligence Vendor-01/27/2026 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-01/27/2026<br>| Lock Agreement.pdf<br> Lock Agreement - XXXX.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119845 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan meets HPML Guidelines and is a Compliant HPML loan. - Due Diligence Vendor-01/29/2026 <br> Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX%).(XXXX) The loan meets HPML Guidelines and is a Compliant HPML loan. - Due Diligence Vendor-01/16/2026 <br> Open- - Due Diligence Vendor-01/16/2026 <br> Open- - Due Diligence Vendor-01/16/2026 <br> Open- - Due Diligence Vendor-01/16/2026 |  | Resolved-The loan meets HPML Guidelines and is a Compliant HPML loan. - Due Diligence Vendor-01/29/2026 <br> Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX%).(XXXX The loan meets HPML Guidelines and is a Compliant HPML loan. - Due Diligence Vendor-01/16/2026 |  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119779 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | PUD Rider is Missing | Resolved-Received PUD Rider. Found on last page. - Due Diligence Vendor-01/21/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/21/2026 <br>Open-PUD Rider is Missing Property type is PUD & PUD Rider is Missing from loan file. - Due Diligence Vendor-01/19/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/21/2026<br>| Resolved-Received PUD Rider. Found on last page. - Due Diligence Vendor-01/21/2026<br>| Mortgage - Deed of Trust.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119779 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Deed of Trust is Missing | Resolved-Received Deed of Trust. - Due Diligence Vendor-01/21/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/21/2026 <br>Open-The Deed of Trust is Missing Provide Deed of Trust and associated riders if any. - Due Diligence Vendor-01/19/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/21/2026<br>| Resolved-Received Deed of Trust. - Due Diligence Vendor-01/21/2026<br>| Mortgage - Deed of Trust.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119779 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received Business Narrative. - Due Diligence Vendor-01/21/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/21/2026 <br>Open-Provide Business Narrative. - Due Diligence Vendor-01/20/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/21/2026<br>| Resolved-Received Business Narrative. - Due Diligence Vendor-01/21/2026<br>| Business Narrative Signed.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119779 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Payment shock exceeds guideline | Waived-We have exception in file on page #404 for "First Time Homebuyer with over 150% payment shock compared to present rent - 575% compared to low current rent of $XXXX". - Due Diligence Vendor-01/19/2026 |  | Waived-We have exception in file on page #404 for "First Time Homebuyer with over 150% payment shock compared to present rent - 575% compared to low current rent of $XXXX". - Due Diligence Vendor-01/19/2026 |  |  | Client elects to waive with the following compensating factors:<br> 19.87% DTI is below the maximum 50% DTI by 30.13%.<br> 735 Representative credit score exceeds the minimum required of 700 by 35 points<br> Housing payment history is 0x30x60. Guidelines require 12 months. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119788 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Requested income calculation worksheet provided for B1, updated & condition resolved.<br> - Due Diligence Vendor-01/16/2026 <br>Resolved-Validation Resolved' - Due Diligence Vendor-01/16/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/15/2026 <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Borrower qualifying with wage income for employer City of XXXX. Provide Lender income worksheet. - Due Diligence Vendor-01/12/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/15/2026<br>| Resolved-Requested income calculation worksheet provided for B1, updated & condition resolved.<br> - Due Diligence Vendor-01/16/2026 <br>Resolved-Validation Resolved' - Due Diligence Vendor-01/16/2026<br>| ICW B2.pdf<br>ICW B1.pdf |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119788 | 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-01/16/2026 <br>Resolved-received fraud report - Due Diligence Vendor-01/16/2026 <br>Ready for Review-Document Uploaded. see attached - Seller-01/15/2026 <br>Counter-There was no attachment. Please provide third Party Fraud Report . - Due Diligence Vendor-01/15/2026 <br>Ready for Review-sEE ATTACHED - Seller-01/14/2026 <br>Open-Missing Third Party Fraud Report Provide Fraud report - Due Diligence Vendor-01/12/2026 | Ready for Review-Document Uploaded. see attached - Seller-01/15/2026 <br>Ready for Review-sEE ATTACHED - Seller-01/14/2026<br>| Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-01/16/2026 <br>Resolved-received fraud report - Due Diligence Vendor-01/16/2026<br>| fraud XXXX (1).pdf |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119788 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Deed of Trust is Missing | Resolved-DOT is Missing in file, provided the same, changes made in system, Finding Resolved<br> - Due Diligence Vendor-01/15/2026 <br>Resolved-The Deed of Trust is Present - Due Diligence Vendor-01/15/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/14/2026 <br>Open-The Deed of Trust is Missing Provide Executed Deed of Trust - Due Diligence Vendor-01/12/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/14/2026<br>| Resolved-DOT is Missing in file, provided the same, changes made in system, Finding Resolved<br> - Due Diligence Vendor-01/15/2026 <br>Resolved-The Deed of Trust is Present - Due Diligence Vendor-01/15/2026<br>| Mortgage - Deed of Trust.pdf |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119788 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Condo Rider is Missing | Resolved-Condo Rider is missing in file, provided the same, changes made in system, Finding Resolved<br> - Due Diligence Vendor-01/15/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/14/2026 <br>Open-Condo Rider is Missing Provide Condo Rider - Due Diligence Vendor-01/12/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/14/2026<br>| Resolved-Condo Rider is missing in file, provided the same, changes made in system, Finding Resolved<br> - Due Diligence Vendor-01/15/2026<br>| Mortgage - Deed of Trust.pdf |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119831 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Requested asset depletion income calculator provided, updated & condition resolved. - Due Diligence Vendor-01/21/2026 <br>Resolved-Validation Resolved' - Due Diligence Vendor-01/21/2026 <br>Ready for Review-Document Uploaded. See attached - Seller-01/20/2026 <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Lender Worksheet is missing for Asset depletion - Due Diligence Vendor-01/16/2026 | Ready for Review-Document Uploaded. See attached - Seller-01/20/2026<br>| Resolved-Requested asset depletion income calculator provided, updated & condition resolved. - Due Diligence Vendor-01/21/2026 <br>Resolved-Validation Resolved' - Due Diligence Vendor-01/21/2026<br>| Asset Depletion Calculator.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119842 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Audited Loan Amount is less than Guideline Minimum Loan Amount Exception provided on page #237. Exception requested for Loan size below $XXXX minimum for the program - cash out LTV does not allow higher. - Due Diligence Vendor-01/14/2026 |  | Waived-Audited Loan Amount is less than Guideline Minimum Loan Amount Exception provided on page #237. Exception requested for Loan size below $XXXX minimum for the program - cash out LTV does not allow higher. - Due Diligence Vendor-01/14/2026 |  |  | Client elects to waive with the following compensating factors:<br> Housing payment history is 0x30x24. Guidelines require 12 months.<br> 715 Representative credit score exceeds the minimum required of 700 by 15 points.<br> Borrower has real estate investment experience as a seasoned investor with more than 2 prior investments displaying at least 0x30x12 pay history. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119846 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance (XXXX) | Resolved-Received COC. - Due Diligence Vendor-02/02/2026 <br> Resolved-Resolved - Due Diligence Vendor-02/02/2026 <br> Open- - Due Diligence Vendor-02/02/2026 <br> Open- - Due Diligence Vendor-02/02/2026 <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: Settlement or Closing Fee, Title Search, Recording Service 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. (XXXX; XXXXX. - Due Diligence Vendor-02/02/2026 <br> Resolved- - Due Diligence Vendor-02/02/2026 <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: Settlement or Closing Fee, Title Search, Recording Service 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. (XXXX). - Due Diligence Vendor-02/02/2026 <br> Ready for Review-Document Uploaded. - Seller-01/30/2026 <br> Counter-Provide COC for increase in fees on the Final CD: Recording service fee increased $XXXX, Title Search increased $XXXX, and Settlement or Closing Fee increased $XXXX. - Due Diligence Vendor-01/21/2026 <br> Ready for Review-Document Uploaded. - Seller-01/20/2026 <br> Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Settlement or Closing Fee, Title Search, Recording Service Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (XXXX). Provide COC or Lender Credits to cure the tolerance. Settlement/closing fee, Title search, and Recording fee increased on the last CD. - Due Diligence Vendor-01/19/2026 <br> Open- - Due Diligence Vendor-01/20/2026 <br> Open- - Due Diligence Vendor-01/20/2026 <br> Open- - Due Diligence Vendor-01/19/2026 | Ready for Review-Document Uploaded. - Seller-01/30/2026 <br>Ready for Review-Document Uploaded. - Seller-01/20/2026<br>| Resolved-Received COC. - Due Diligence Vendor-02/02/2026 <br>Resolved-Resolved - Due Diligence Vendor-02/02/2026 <br>Resolved- - Due Diligence Vendor-02/02/2026<br>| Change of Circumstance Form.pdf<br>COC LOX.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119846 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Fees: Limited | Resolved- - Due Diligence Vendor-02/02/2026 <br> Open-The total amount of the 10% category fees on the last Closing Disclosure ($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: (Settlement or Closing Fee, Title Search, 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). (XXXX). - Due Diligence Vendor-02/02/2026 |  | Resolved- - Due Diligence Vendor-02/02/2026<br>|  |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119846 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Fees: Limited | Resolved- - Due Diligence Vendor-02/02/2026 <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: (Settlement or Closing Fee, Title Search, 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). (XXXX. - Due Diligence Vendor-02/02/2026 |  | Resolved- - Due Diligence Vendor-02/02/2026<br>|  |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119810 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI Requirements | Waived-UW Exception provided for 54.76 DTI > Max DTI of 50%. - Due Diligence Vendor-01/23/2026 <br>Rescinded-DTI under 55% next tier; ok with original exception - Due Diligence Vendor-01/23/2026 <br>Ready for Review-Document Uploaded. - Seller-01/23/2026 <br>Open-Audited DTI of 54.76% exceeds Guideline DTI of 50% Provide approved exception for audited DTI of 54.76% - Due Diligence Vendor-01/20/2026 | Ready for Review-Document Uploaded. - Seller-01/23/2026<br>| Waived-UW Exception provided for 54.76 DTI > Max DTI of 50%. - Due Diligence Vendor-01/23/2026 <br>Rescinded-DTI under 55% next tier; ok with original exception - Due Diligence Vendor-01/23/2026<br>| Exception approval 53.40 DTI.pdf<br>Exception approval email update.pdf |  | 73.83% LTV is below the maximum 85% LTV by 11.17%.<br> $38,195 reserves exceed the minimum required of $16,752 exceeds the minimum by 6 months over the required minimum.<br> Borrower has been employed at current job for 8 years. | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119810 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received narrative - Due Diligence Vendor-01/21/2026 <br>Ready for Review-Document Uploaded. - Seller-01/20/2026 <br>Open-Provide business narrative - Due Diligence Vendor-01/20/2026 | Ready for Review-Document Uploaded. - Seller-01/20/2026<br>| Resolved-Received narrative - Due Diligence Vendor-01/21/2026<br>| XXXX Buss Narr.pdf |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119860 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan does meet HPML guidelines and is a Compliant HPML loan - Due Diligence Vendor-01/27/2026 <br> Open- - Due Diligence Vendor-01/27/2026 <br> Resolved-The loan does meet HPML guidelines and is a Compliant HPML loan - Due Diligence Vendor-01/22/2026 <br> Open-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX%).(XXXX) 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 451 and the Final Closing disclosure on Pg#'s 196, Finding reflects escrows. Rate lock date was entered correctly missing from file. An interior and exterior appraisal was completed for this property – see pg 38, the appraisal disclosure was provided to the borrower(s)- see Pg#'s 518, and confirmation the appraisal was delivered to the borrower – see Pg#'s 481. The loan does meet HPML guidelines. - Due Diligence Vendor-01/22/2026 <br> Rescinded-dup finding - Due Diligence Vendor-01/22/2026 <br> Open- - Due Diligence Vendor-01/22/2026 <br> Rescinded-dup finding - Due Diligence Vendor-01/22/2026 <br> Open- - Due Diligence Vendor-01/22/2026 <br> Rescinded-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX%).(XXXX) duplicate finding - Due Diligence Vendor-01/22/2026 <br> Open- - Due Diligence Vendor-01/22/2026 <br> Open- - Due Diligence Vendor-01/20/2026 <br> Open- - Due Diligence Vendor-01/19/2026 <br> Open- - Due Diligence Vendor-01/19/2026 |  | Resolved-The loan does meet HPML guidelines and is a Compliant HPML loan - Due Diligence Vendor-01/27/2026 <br> Resolved-The loan does meet HPML guidelines and is a Compliant HPML loan - Due Diligence Vendor-01/22/2026 <br> Rescinded-dup finding - Due Diligence Vendor-01/22/2026 <br> Rescinded-dup finding - Due Diligence Vendor-01/22/2026 <br> Rescinded-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX%).(XXXX duplicate finding - Due Diligence Vendor-01/22/2026 |  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119860 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-CPA provided. Resolved - Due Diligence Vendor-01/27/2026 <br>Ready for Review-Document Uploaded. - Seller-01/27/2026 <br>Open-Borrower 1 3rd Party VOE Prior to Close Missing Provide Borrower 1 3rd Party VOE - Due Diligence Vendor-01/20/2026 | Ready for Review-Document Uploaded. - Seller-01/27/2026<br>| Resolved-CPA provided. Resolved - Due Diligence Vendor-01/27/2026<br>| CPA Letter.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119777 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV Exceeds Guideline LTV Client elects to waive with the following compensating factors:<br> Exception provided on page #323. Exception requested for Allow a cash-out LTV of 75% with a credit score of 696<br> - Due Diligence Vendor-01/15/2026 |  | Waived-Audited LTV Exceeds Guideline LTV Client elects to waive with the following compensating factors:<br> Exception provided on page #323. Exception requested for Allow a cash-out LTV of 75% with a credit score of 696<br> - Due Diligence Vendor-01/15/2026<br>|  |  | 696 Representative credit score exceeds the minimum required of 680 by 16 points<br> $104,472 reserves exceed the minimum required of $22,309 exceeds the minimum by 6 months over the required minimum.<br> 2.159 DSCR exceed the minimum required of .75 exceeds the minimum by 1.409 | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119766 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Business Narrative received. - Due Diligence Vendor-01/21/2026 <br>Ready for Review-Document Uploaded. - Seller-01/21/2026 <br>Open-Provide Business Narrative. - Due Diligence Vendor-01/20/2026 | Ready for Review-Document Uploaded. - Seller-01/21/2026<br>| Resolved-Business Narrative received. - Due Diligence Vendor-01/21/2026<br>| Income_Business Narrative_ex_audit log.pdf<br>Income_Business Narrative_Ex.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119766 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV Exceeds Guideline LTV Exception provided on page #369. Request for 90% LTV for a file with 717 credit score using XXXX income type. - Due Diligence Vendor-01/20/2026 |  | Waived-Audited LTV Exceeds Guideline LTV Exception provided on page #369. Request for 90% LTV for a file with 717 credit score using XXXX income type. - Due Diligence Vendor-01/20/2026<br>|  |  | Client elects to waive with the following compensating factors:<br> 32.6% DTI is below the maximum 50% DTI by 17.4%.<br> 717 Representative credit score exceeds the minimum required of 700 by 17 points.<br> Housing payment history is 0x30x24. Guidelines require 12 months. | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119766 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX%).(XXXX)) "This loan failed the higher-priced mortgage loan test. (XXXX)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 XXXX, 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 #355 and the Final Closing disclosure on Pg #165-169 reflects escrows. Rate lock date was entered correctly – see Pg #163 An interior and exterior appraisal was completed for this property – see Pg #46-52, the appraisal disclosure was provided to the borrower(s)- see Pg #455 and copy of the appraisal was given to the borrower – see Pg #552 for the copy of the disclosure. The loan meets HPML guidelines." - Due Diligence Vendor-01/20/2026 <br> Open- - Due Diligence Vendor-01/20/2026 |  | Resolved-The loan's (XXXX%) APR equals or exceeds the Federal HPML threshold of (XXXX%). 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 (XXXX%).(XXXX "This loan failed the higher-priced mortgage loan test. (XXXX(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 XXXX, 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 #355 and the Final Closing disclosure on Pg #165-169 reflects escrows. Rate lock date was entered correctly – see Pg #163 An interior and exterior appraisal was completed for this property – see Pg #46-52, the appraisal disclosure was provided to the borrower(s)- see Pg #455 and copy of the appraisal was given to the borrower – see Pg #552 for the copy of the disclosure. The loan meets HPML guidelines." - Due Diligence Vendor-01/20/2026 |  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119832 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Received HOI policy. Policy contains 2 addresses. Calculation for subject policy: $XXXX= $XXXX. - Due Diligence Vendor-01/21/2026 <br> Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-01/21/2026 <br> Resolved-Hazard Insurance Policy Partially Provided Received policy. Policy contains 2 addresses. Calculation for subject policy: $XXXX. - Due Diligence Vendor-01/21/2026 <br> Ready for Review-Document Uploaded. - Seller-01/21/2026 <br> Open-Hazard Insurance Policy Partially Provided Provide updated Hazard Insurance Policy Premium with a premium as $XXXX. Policy provided has premium listed as $XXXX. - Due Diligence Vendor-01/20/2026 | Ready for Review-Document Uploaded. - Seller-01/21/2026<br>| Resolved-Received HOI policy. Policy contains 2 addresses. Calculation for subject policy: $XXXX. - Due Diligence Vendor-01/21/2026 <br> Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-01/21/2026 <br> Resolved-Hazard Insurance Policy Partially Provided Received policy. Policy contains 2 addresses. Calculation for subject policy: $XXXX - Due Diligence Vendor-01/21/2026 | Invoice - DUE XXXX pg 5.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119818 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Received lock agreement. - Due Diligence Vendor-01/26/2026 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-01/26/2026 <br>Ready for Review-Document Uploaded. - Seller-01/23/2026 <br>Open-Evidence of Rate Lock Missing Provide Evidence of Rate lock. - Due Diligence Vendor-01/21/2026 | Ready for Review-Document Uploaded. - Seller-01/23/2026<br>| Resolved-Received lock agreement. - Due Diligence Vendor-01/26/2026 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-01/26/2026<br>| Lock Agreement.pdf |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119818 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Missing Doc | Title Document is Incomplete | Waived-Title Document is Incomplete Exception provided on page #415. Exception requested for Exception for current borrower being added to title between application and closing. Spouse will remain as title holder with a deed into both their personal names, but currently property was purchased in the name of LLC which is under his ownership.<br> - Due Diligence Vendor-01/21/2026 |  | Waived-Title Document is Incomplete Exception provided on page #415. Exception requested for Exception for current borrower being added to title between application and closing. Spouse will remain as title holder with a deed into both their personal names, but currently property was purchased in the name of LLC which is under his ownership.<br> - Due Diligence Vendor-01/21/2026<br>|  |  | Client elects to waive with the following compensating factors:<br> $16,866.17 reserves exceed the minimum required of $10,019.04. Exceeds the minimum by 3 months over the required minimum.<br> DSCR ratio of 1.018 exceeds the minimum requirement of 0.75 by 0.268 points.<br> Borrower has good credit history with no late payments since 01/13/22.<br> Borrower has good credit history with no late payments since 01/13/22. | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119818 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Loan does not conform to program guidelines Exception provided on page #415. Exception requested for Exception to proceed with rate/term refi loan using gift funds. Funds for closing ($20K) and reserves will<br> be coming from spouse's business account.<br> - Due Diligence Vendor-01/21/2026 |  | Waived-Loan does not conform to program guidelines Exception provided on page #415. Exception requested for Exception to proceed with rate/term refi loan using gift funds. Funds for closing XXXX and reserves will<br> be coming from spouse's business account.<br> - Due Diligence Vendor-01/21/2026 |  |  | Client elects to waive with the following compensating factors:<br> 75% LTV is below the maximum 80% LTV by 5%.<br> 723 Representative credit score exceeds the minimum required of 720 by 3 points.<br> DSCR ratio of 1.018 exceeds the minimum requirement of 0.75 by 0.268 points.<br>| XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119843 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Borrower owns more financed properties than allowed per guidelines | Waived-Client elects to waive with the following compensating factors: - Due Diligence Vendor-01/30/2026 <br>Waived-<br> Borrower will have 11 total financed properties - Due Diligence Vendor-01/30/2026 |  | Waived-Client elects to waive with the following compensating factors: - Due Diligence Vendor-01/30/2026 <br>Waived-<br> Borrower will have 11 total financed properties - Due Diligence Vendor-01/30/2026<br>|  |  | 60% LTV is below the maximum 75% LTV by 15%.<br> 771 Representative credit score exceeds the minimum required of 700 by 71 points<br> DTI 35% and guidelines are 50%. 15 less than guidelines. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119843 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Title Commitment with updated taxes uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-01/28/2026 <br> Resolved-Evidence of Property Tax is present - Due Diligence Vendor-01/28/2026 <br> Ready for Review-Document Uploaded. Please see attached - Seller-01/27/2026 <br> Open-Missing Evidence of Property Tax Provide current property tax cert. Taxes showing in Title is $XXXX per month, but Taxes are not matching with 1008, Lender information and Final CD reflecting as $XXXX per month. - Due Diligence Vendor-01/22/2026 | Ready for Review-Document Uploaded. Please see attached - Seller-01/27/2026<br>| Resolved-Title Commitment with updated taxes uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-01/28/2026 <br>Resolved-Evidence of Property Tax is present - Due Diligence Vendor-01/28/2026<br>| Title - Commitment updated taxes.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119843 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Business Purpose Affidavit is Missing | Resolved-Loan transaction is not a DSCR hence initial Business Purpose Affidavit Disclosure is sufficient on income files. - Due Diligence Vendor-01/26/2026 <br>Resolved-The Business Purpose Affidavit is present or Not Applicable (1008 Page Loan Type is Conventional.) - Due Diligence Vendor-01/26/2026 <br>Ready for Review-Document Uploaded. - Seller-01/23/2026 <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. Provide fully executed Business Purpose Affidavit - Due Diligence Vendor-01/22/2026 | Ready for Review-Document Uploaded. - Seller-01/23/2026<br>| Resolved-Loan transaction is not a DSCR hence initial Business Purpose Affidavit Disclosure is sufficient on income files. - Due Diligence Vendor-01/26/2026 <br>Resolved-The Business Purpose Affidavit is present or Not Applicable (1008 Page Loan Type is Conventional.) - Due Diligence Vendor-01/26/2026<br>| Business Purpose and Occupancy Affidavit.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119772 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Received rate lock. - Due Diligence Vendor-02/02/2026 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-02/02/2026 <br>Ready for Review-Document Uploaded. - Seller-01/30/2026 <br>Counter-Provide Evidence of when loan was locked. Received the float agreement. - Due Diligence Vendor-01/26/2026 <br>Ready for Review-Document Uploaded. - Seller-01/26/2026 <br>Open-Evidence of Rate Lock Missing Provide Evidence of Rate Lock. - Due Diligence Vendor-01/23/2026 | Ready for Review-Document Uploaded. - Seller-01/30/2026 <br>Ready for Review-Document Uploaded. - Seller-01/26/2026<br>| Resolved-Received rate lock. - Due Diligence Vendor-02/02/2026 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-02/02/2026<br>| Lock Agreement.pdf<br>Lock-in Agreement.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119772 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Borrower owns more financed properties than allowed per guidelines | Waived-Exception Approval provided on p3 for, This loan will be for an 11th financed property. One of the financed properties has a balloon payment due in XXXX, so within a couple of months the borrower will then be down to 10 financed properties (including this one). - Due Diligence Vendor-01/26/2026 |  | Waived-Exception Approval provided on p3 for, This loan will be for an 11th financed property. One of the financed properties has a balloon payment due in XXXX, so within a couple of months the borrower will then be down to 10 financed properties (including this one). - Due Diligence Vendor-01/26/2026 |  |  | Client elects to waive with the following compensating factors:<br> DTI is 35% below guideline maximum of 50%. <br> 249 months of Rerves guideline requires 6 months.<br> FICO higher than 740 and at least 20 points higher than guideline minimum. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119865 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV Requirements | Open-Audited CLTV of 80% exceeds Guideline CLTV of 75% Exception in file on page #302 for "80% LTV for ICF purchase of first investment property, borrower has history of owning primary". - Due Diligence Vendor-01/22/2026 |  |  |  |  | Client elects to waive with the following compensating factors:<br> 741 Representative credit score exceeds the minimum required of 720 by 21 points<br> $76,673 reserves exceed the minimum required of $10,956 exceeds the minimum by 35.98 months over the required minimum.<br> DSCR ratio of 1.180 exceeds the minimum requirement of 0.75 by 0.43 points. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119764 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-Primary residence is free and clear, LOX uploaded. Resolved - Due Diligence Vendor-01/27/2026 <br>Ready for Review-Document Uploaded. - Seller-01/26/2026 <br>Open-Housing History Does Not Meet Guideline Requirements Borrower is living in own residence, however no housing history provided. Provide VOM/free and clear LOX to meet GL requirement. - Due Diligence Vendor-01/23/2026 | Ready for Review-Document Uploaded. - Seller-01/26/2026<br>| Resolved-Primary residence is free and clear, LOX uploaded. Resolved - Due Diligence Vendor-01/27/2026<br>| XXXX - free and clear.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119764 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Credit | Tradeline minimum has not met guidelines | Waived-Exception provided on page #405. Exception to allow tradeline minimum not meeting guideline requirements. Have 4 total open tradelines and all remain active, but only 2 meet the twenty-four months length. - Due Diligence Vendor-01/23/2026 |  | Waived-Exception provided on page #405. Exception to allow tradeline minimum not meeting guideline requirements. Have 4 total open tradelines and all remain active, but only 2 meet the twenty-four months length. - Due Diligence Vendor-01/23/2026<br>|  |  | 749 Representative credit score exceeds the minimum required of 720 by 29 points<br> $184,345.75 reserves exceed the minimum required of 12771.78 exceeds the minimum by 6 months over the required minimum.<br> DSCR ratio of 1.73 exceeds the minimum requirement of 0.75 by 0.98 points. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119764 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Loan does not conform to program guidelines Exception provided on page #405. Exception to allow 80% LTV for first-time investor, currently owns primary home. - Due Diligence Vendor-01/23/2026 |  | Waived-Loan does not conform to program guidelines Exception provided on page #405. Exception to allow 80% LTV for first-time investor, currently owns primary home. - Due Diligence Vendor-01/23/2026<br>|  |  | 749 Representative credit score exceeds the minimum required of 720 by 29 points<br> $184,345.75 reserves exceed the minimum required of 12771.78 exceeds the minimum by 6 months over the required minimum.<br> DSCR ratio of 1.73 exceeds the minimum requirement of 0.75 by 0.98 points. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119794 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client elects to waive with the following compensating factors: - Due Diligence Vendor-01/30/2026 <br> Waived-Loan does not conform to program guidelines Exception on page#702:<br> Exception to threshold for $XXXX total of collections - initial balances exceed this total so borrower can payoff most, leaving under $XXXX remaining, but not paying all of them off - Due Diligence Vendor-01/23/2026 |  | Waived-Client elects to waive with the following compensating factors: - Due Diligence Vendor-01/30/2026 <br> Waived-Loan does not conform to program guidelines Exception on page#702:<br> Exception to threshold for $XXXX total of collections - initial balances exceed this total so borrower can payoff most, leaving under $XXXX remaining, but not paying all of them off - Due Diligence Vendor-01/23/2026 |  |  | DTI is 24.59%. Maximum allowed per guidelines is 50%.<br> LTV 48.76 guidelines require 75% difference is 26 % difference.<br> Reserves 15.41 guidelines require 9 difference of 6 months.<br> Borrower has worked in same industry more than 5 years.<br> Guidelines: Prime Non Agency: All judgments, liens, collection accounts and charge off accounts that <br> cumulatively total in excess of $5,000 must be brought current prior to or at close | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119794 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Deed of Trust is Missing | Resolved-Deed of Trust document uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-01/28/2026 <br>Resolved-The Deed of Trust is Present - Due Diligence Vendor-01/28/2026 <br>Ready for Review-Document Uploaded. Please see attached - Seller-01/27/2026 <br>Open-The Deed of Trust is Missing Provide fully executed Deed of Trust - Due Diligence Vendor-01/23/2026 | Ready for Review-Document Uploaded. Please see attached - Seller-01/27/2026<br>| Resolved-Deed of Trust document uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-01/28/2026 <br>Resolved-The Deed of Trust is Present - Due Diligence Vendor-01/28/2026<br>| Mortgage.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119794 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Business narrative uploaded. Resolved - Due Diligence Vendor-01/27/2026 <br>Ready for Review-Document Uploaded. - Seller-01/26/2026 <br>Open-Business Narrative missing in file. - Due Diligence Vendor-01/23/2026 | Ready for Review-Document Uploaded. - Seller-01/26/2026<br>| Resolved-Business narrative uploaded. Resolved - Due Diligence Vendor-01/27/2026<br>| Business Narrative.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119873 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved - Due Diligence Vendor-01/29/2026 <br> Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-01/29/2026 <br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-01/28/2026 <br> Open-Fraud Report Shows Uncleared Alerts Per the GL XXXX page # 27 a clear fraud report is required. The Fraud report in file (page #277) is showing high1 uncleared alert. The required cleared Fraud report is missing. <br> - Due Diligence Vendor-01/26/2026 | Ready for Review-Document Uploaded. Cleared Alerts - Seller-01/28/2026<br>| Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved - Due Diligence Vendor-01/29/2026 <br>Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-01/29/2026<br>| Cleared Alerts.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119856 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Received rate lock. - Due Diligence Vendor-02/02/2026 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-02/02/2026 <br>Ready for Review-Document Uploaded. - Seller-01/30/2026 <br>Counter-Received Float agreement. Provide evidence the date the loan was locked. - Due Diligence Vendor-01/28/2026 <br>Ready for Review-Document Uploaded. - Seller-01/27/2026 <br>Open-Evidence of Rate Lock Missing Provide Evidence of Rate Lock. - Due Diligence Vendor-01/27/2026 | Ready for Review-Document Uploaded. - Seller-01/30/2026 <br>Ready for Review-Document Uploaded. - Seller-01/27/2026<br>| Resolved-Received rate lock. - Due Diligence Vendor-02/02/2026 <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-02/02/2026<br>| Lock Agreement.pdf<br>Lock-in Agreement.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119856 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Deed of Trust is Missing | Resolved-Executed deed of trust doc provided. Resolved - Due Diligence Vendor-01/28/2026 <br>Ready for Review-Document Uploaded. - Seller-01/27/2026 <br>Open-The Deed of Trust is Missing Provide executed Deed of Trust. - Due Diligence Vendor-01/26/2026 | Ready for Review-Document Uploaded. - Seller-01/27/2026<br>| Resolved-Executed deed of trust doc provided. Resolved - Due Diligence Vendor-01/28/2026<br>| Mortgage - Deed of Trust.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119856 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Credit | Tradeline minimum has not met guidelines | Waived-Exception provided on page #305. Exception requested for Insufficient recent tradeline history - borrower has several tradelines of 24+ months length but have been idle, 1 presently active account but so far only 19 months rated. - Due Diligence Vendor-01/27/2026 |  | Waived-Exception provided on page #305. Exception requested for Insufficient recent tradeline history - borrower has several tradelines of 24+ months length but have been idle, 1 presently active account but so far only 19 months rated. - Due Diligence Vendor-01/27/2026<br>|  |  | <br> Client elects to waive with the following compensating factors:<br> 75% LTV is below the maximum 80% LTV by 5%.<br> 801 Representative credit score exceeds the minimum required of 720 by 81 points.<br> Borrower has worked in same industry more than 15 years. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119800 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Received CU score. - Due Diligence Vendor-01/26/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/26/2026 <br>Ready for Review-Document Uploaded. - Seller-01/26/2026 <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide Secondary Valuation. Only received Appraisal. Provide CU score of 2.5 or less. If greater than 2.5, provide CDA. - Due Diligence Vendor-01/26/2026 | Ready for Review-Document Uploaded. - Seller-01/26/2026<br>| Resolved-Received CU score. - Due Diligence Vendor-01/26/2026 <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-01/26/2026<br>| XXXX V2 XXXX SSR.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119800 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received Business Narrative. - Due Diligence Vendor-01/26/2026 <br>Ready for Review-Document Uploaded. - Seller-01/26/2026 <br>Open-Provide Business Narrative. - Due Diligence Vendor-01/26/2026 | Ready for Review-Document Uploaded. - Seller-01/26/2026<br>| Resolved-Received Business Narrative. - Due Diligence Vendor-01/26/2026<br>| Business Narrative.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119759 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Right to Rescind | Right of Rescission is Not Executed | Resolved-Signed RoR provided and updated. - Due Diligence Vendor-01/27/2026 <br>Ready for Review-Document Uploaded. please see attached - Buyer-01/27/2026 <br>Open-Right to cancels in file are not signed. Please provided signed versions. - Due Diligence Vendor-01/26/2026 |  | Resolved-Signed RoR provided and updated. - Due Diligence Vendor-01/27/2026<br>| RTC.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119759 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Rescission:Disbursement | Federal - Right of Rescission (Loan Disbursement Violation) (TILA) | Resolved-Resolved - Due Diligence Vendor-01/27/2026 <br> Ready for Review-Document Uploaded. Please see attached - Buyer-01/26/2026 <br> Open- - Due Diligence Vendor-01/26/2026 <br> Open-The loan disbursement date (XXXX) is earlier than, or the same day as, the calculated "Right to Cancel Expire Date" (XXXX). Under Regulation Z, funds may not be disbursed to the borrower until after the expiration of the rescission period. (Reg Z, XXXX) and Official Staff Commentary) The loan disbursement date (XXXX) is earlier than, or the same day as, the calculated "Right to Cancel Expire Date" (XXXX). Under Regulation Z, funds may not be disbursed to the borrower until after the expiration of the rescission period. - Due Diligence Vendor-01/26/2026 <br> Open- - Due Diligence Vendor-01/26/2026 <br> Open- - Due Diligence Vendor-01/26/2026 <br> Open- - Due Diligence Vendor-01/26/2026 |  | Resolved-Resolved - Due Diligence Vendor-01/27/2026<br>| PCCD.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119759 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Credit | Deficient credit report. | Waived-Exception provided on page #765. Exception to waive soft credit. Credit report is dated XXXX, and within 30 days of funding - Due Diligence Vendor-01/26/2026 |  | Waived-Exception provided on page #765. Exception to waive soft credit. Credit report is dated XXXX, and within 30 days of funding - Due Diligence Vendor-01/26/2026 |  |  | LTV is 64.151%. Maximum allowed per guidelines is 80%.<br> DTI is 32.613%. Maximum allowed per guidelines is 50%.<br> Borrower(s) have 28.13% months Reserves. Minimum required per guidelines is 12 months.<br> Borrower Housing History is 0X30, 24 months. Housing History required per guidelines is 0X30, 12 months. | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119874 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Updated Fraud report provided. Resolved - Due Diligence Vendor-02/03/2026 <br> Ready for Review-Document Uploaded. cleared alerts - Seller-02/02/2026 <br> Open-Fraud Report Shows Uncleared Alerts Per the GL XXXX page # 26 a clear fraud report is required. The fraud report in file (page # 228) is showing 1 high uncleared alert. The required clear fraud report is missing from file.<br> - Due Diligence Vendor-01/29/2026 | Ready for Review-Document Uploaded. cleared alerts - Seller-02/02/2026<br>| Resolved-Updated Fraud report provided. Resolved - Due Diligence Vendor-02/03/2026<br>| Cleared Alerts.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119760 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 3 Does Not Meet Guideline Requirements | Resolved-There are Sufficient Reserves which met GL required Reserves, Finding Resolved - Due Diligence Vendor-02/11/2026 <br>Resolved-Asset Record 3 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-02/11/2026 <br>Ready for Review-Document Uploaded. - Buyer-02/10/2026 <br>Open-Asset Record 3 Does Not Meet G/L Requirements As per GL's, Assets required for down-payment, closing costs and reserves are to be documented by 2 months, Provide account statements covering 2 months. - Due Diligence Vendor-02/10/2026 |  | Resolved-There are Sufficient Reserves which met GL required Reserves, Finding Resolved - Due Diligence Vendor-02/11/2026 <br>Resolved-Asset Record 3 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-02/11/2026<br>| Assets.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119760 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 4 Does Not Meet Guideline Requirements | Resolved-There are Sufficient Reserves which met GL required Reserves, Finding Resolved - Due Diligence Vendor-02/11/2026 <br>Resolved-Asset 4 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-02/11/2026 <br>Ready for Review-Document Uploaded. please see attached - Buyer-02/10/2026 <br>Open-Asset 4 Does Not Meet Guideline Requirements As per GL's, Assets required for down-payment, closing costs and reserves are to be documented by 2 months, Provide account statements covering 2 months. - Due Diligence Vendor-02/10/2026 |  | Resolved-There are Sufficient Reserves which met GL required Reserves, Finding Resolved - Due Diligence Vendor-02/11/2026 <br>Resolved-Asset 4 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-02/11/2026<br>| Assets.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119760 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-received updated 1003 with more than 25% ownership marked - Due Diligence Vendor-02/11/2026 <br>Ready for Review-Document Uploaded. - Buyer-02/10/2026 <br>Open-B1 is Self-Employed with 100% ownership whereas the Final 1003 employment section is not marked with "I have an ownership share of 25% or more". Provide updated Final 1003 - Due Diligence Vendor-02/10/2026 |  | Resolved-received updated 1003 with more than 25% ownership marked - Due Diligence Vendor-02/11/2026<br>| 1003 Final.pdf<br>1003 Final.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119760 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | DTI discrepancy or failure. | Resolved-Updated 1008 document with corrected P&I uploaded, DTI matches the 1008, Verified & entered in system - Resolved<br> - Due Diligence Vendor-02/11/2026 <br> Ready for Review-Document Uploaded. please see attached - Buyer-02/10/2026 <br> Open-DTI difference is 2.58% due to P&I difference, As per Interest-only Fixed Note P&I for first 120 Months is $XXXX & thereafter will be $XXXX whereas the 1008 document reflects P&I as $XXXX which creates DTI discrepancy. - Due Diligence Vendor-02/10/2026 |  | Resolved-Updated 1008 document with corrected P&I uploaded, DTI matches the 1008, Verified & entered in system - Resolved<br> - Due Diligence Vendor-02/11/2026<br>| final 1008.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119760 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Borrower | Discrepancy between 1008 Page Qualifying FICO and actual Qualifying FICO | Resolved-Updated 1008 Document uploaded, Qualifying FICO on the 1008 matches the Qualifying FICO from the Credit Liabilities, Verified - Resolved - Due Diligence Vendor-02/11/2026 <br>Resolved-Validation Resolved - Due Diligence Vendor-02/11/2026 <br>Ready for Review-Document Uploaded. please see attached - Buyer-02/10/2026 <br>Ready for Review-Document Uploaded. please see attached - Seller-02/10/2026 <br>Open-Qualifying FICO on the 1008 Page is '793' or blank, but the Qualifying FICO from the Credit Liabilities Page is '783' or blank. Qualifying FICO entries do not match. Please confirm the correct Qualifying FICO value. As per Qualifying FICO method as per gl's, Qualifying FICO on Credit Liabilities Page is '783' whereas Qualifying FICO on the 1008 Page is '793'. Provide updated 1008 document. - Due Diligence Vendor-02/10/2026 | Ready for Review-Document Uploaded. please see attached - Seller-02/10/2026<br>| Resolved-Updated 1008 Document uploaded, Qualifying FICO on the 1008 matches the Qualifying FICO from the Credit Liabilities, Verified - Resolved - Due Diligence Vendor-02/11/2026 <br>Resolved-Validation Resolved - Due Diligence Vendor-02/11/2026<br>| final 1008.pdf<br>final 1008.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119760 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-Updated 1008 document with corrected P&I uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-02/11/2026 <br> Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-02/11/2026 <br> Ready for Review-Document Uploaded. please see attached - Seller-02/10/2026 <br> Ready for Review-Document Uploaded. please see attached - Buyer-02/10/2026 <br> Open-The 1008 document is missing from the loan file. As per Interest-only Fixed Note, P&I for first 120 Months is $XXXX & thereafter will be $XXXX whereas the 1008 document reflects P&I as $XXXX. Provide updated 1008 with corrected P&I - Due Diligence Vendor-02/10/2026 | Ready for Review-Document Uploaded. please see attached - Seller-02/10/2026<br>| Resolved-Updated 1008 document with corrected P&I uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-02/11/2026 <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-02/11/2026<br>| final 1008.pdf<br>final 1008.pdf |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119760 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information B A | Compliance | Missing Doc | Missing Anti-Steering Disclosure | Resolved-Resolved - Due Diligence Vendor-02/10/2026 <br>Open-Broker fee is marked as paid by lender, this requires an Anti-Steering Disclosure, but indicator is not selected as Present. Review this requirement. Broker fee is marked as paid by lender, this requires an Anti-Steering Disclosure, Provide Anti-Steering Disclosure - Due Diligence Vendor-02/10/2026 |  | Resolved-Resolved - Due Diligence Vendor-02/10/2026<br>|  |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119760 | XXXX |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Property | Appraisal | Missing Core Valuation Product | Waived-Missing Core Valuation Product - Due Diligence Vendor-02/10/2026 |  | Waived-Missing Core Valuation Product - Due Diligence Vendor-02/10/2026<br>|  |  | 63.33% LTV is below the maximum 80% LTV by 16.67%.<br> 783 Representative credit score exceeds the minimum required of 760 by 23 points<br> 0x30 mortgage history for 42 months. | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119761 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 5 Expired | Resolved-Asset 5 removed as borrower has sufficient assets - Due Diligence Vendor-02/11/2026 <br> Ready for Review-Please remove asset. it is not needed since borrower has sufficient reserves already - Buyer-02/11/2026 <br> Open-Asset 5 Expired Provide updated Asset statement for XXXX #XXXX, the one in file is expired. - Due Diligence Vendor-02/11/2026 |  | Resolved-Asset 5 removed as borrower has sufficient assets - Due Diligence Vendor-02/11/2026<br>|  |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119761 | XXXX |  | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Evidence of Property Tax is present, 30 % - Due Diligence Vendor-02/11/2026 <br> Ready for Review-Document Uploaded. Borrower is responsible for 30% of tax bill per HOA agreement. Page attached and on pg 691 of original package. - Buyer-02/11/2026 <br> Open-Missing Evidence of Property Tax 1008 and Final CD reflects Monthly tax amount of $1XXXX whereas the tax certificate on page #800 reflects Monthly property tax amount of $XXXX ($XXXX Annually). Provide updated Tax Certificate - Due Diligence Vendor-02/11/2026 |  | Resolved-Evidence of Property Tax is present, 30 % - Due Diligence Vendor-02/11/2026<br>| HOA percent.pdf |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |

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## Exhibit 99.39

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.39**

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| **Loan ID** | **Seller Loan ID** | **Deal ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraisal Company** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXXX | XXXX | 4350119852 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | XXXX |
| XXXX | XXXX | 4350119847 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | XXXX |
| XXXX | XXXX | 4350119792 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119775 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119866 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 76.67 | 76.67 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119867 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate RIsk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119768 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0.0042 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0.0042 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXXX |
| XXXX | XXXX | 4350119820 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119767 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119785 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 | XXXX |
| XXXX | XXXX | 4350119808 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 37.5 | 37.5 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119814 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119848 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 68.34 | 68.34 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXXX |
| XXXX | XXXX | 4350119819 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | XXXX |
| XXXX | XXXX | 4350119784 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119823 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119828 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXXX |
| XXXX | XXXX | 4350119829 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.3 | XXXX |
| XXXX | XXXX | 4350119791 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119793 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXXX |
| XXXX | XXXX | 4350119780 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119765 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.2 | XXXX |
| XXXX | XXXX | 4350119825 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXXX |
| XXXX | XXXX | 4350119807 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | -0.0656 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | -0.0656 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119776 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXXX |
| XXXX | XXXX | 4350119863 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119864 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119782 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119811 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 41.67 | 41.67 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119817 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119781 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 | XXXX |
| XXXX | XXXX | 4350119837 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119869 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 63.06 | 63.06 | XXXX | XXXX | 0 | Loan Collateral Advisor (LCA) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXXX Eligible |  |  |
| XXXX | XXXX | 4350119824 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXXX |
| XXXX | XXXX | 4350119778 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119827 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.4 | XXXX |
| XXXX | XXXX | 4350119802 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 48.81 | 48.81 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXXX |
| XXXX | XXXX | 4350119830 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXXX Eligible | 2.4 | XXXX |
| XXXX | XXXX | 4350119762 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119763 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXXX |
| XXXX | XXXX | 4350119857 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119858 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119795 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 79.73 | 79.73 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.3 | XXXX |
| XXXX | XXXX | 4350119833 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119840 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 71.43 | 71.43 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119787 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119799 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119758 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119871 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 41.47 | 41.47 | XXXX | XXXX | 0 | Loan Collateral Advisor (LCA) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.1 | XXXX Eligible |  |  |
| XXXX | XXXX | 4350119813 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119861 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 48.78 | 48.78 | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 0.3902 | XXXX | 1004 URAR |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119769 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXXX |
| XXXX | XXXX | 4350119870 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 | XXXX |
| XXXX | XXXX | 4350119786 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119872 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 38 | 38 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119821 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | XXXX |
| XXXX | XXXX | 4350119796 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 56.5 | 56.5 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXXX |
| XXXX | XXXX | 4350119835 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXXX |
| XXXX | XXXX | 4350119838 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119789 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119862 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 74.26 | 74.26 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119822 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119850 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 | XXXX |
| XXXX | XXXX | 4350119868 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 58.39 | 58.39 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119809 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXXX |
| XXXX | XXXX | 4350119804 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 60 | 60 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119812 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119805 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119853 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXXX |
| XXXX | XXXX | 4350119803 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119854 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119770 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119859 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 | XXXX |
| XXXX | XXXX | 4350119855 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119797 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXXX |
| XXXX | XXXX | 4350119798 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119790 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXXX |
| XXXX | XXXX | 4350119844 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 68.97 | 68.97 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXXX |
| XXXX | XXXX | 4350119801 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119815 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 | XXXX |
| XXXX | XXXX | 4350119774 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXXX |
| XXXX | XXXX | 4350119849 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 | XXXX |
| XXXX | XXXX | 4350119816 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119834 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119839 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119841 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXXX |
| XXXX | XXXX | 4350119845 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 60 | 60 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXXX Eligible | 1 | XXXX |
| XXXX | XXXX | 4350119851 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119779 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119788 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119831 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 21.74 | 21.74 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119842 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXXX |
| XXXX | XXXX | 4350119846 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXXX |
| XXXX | XXXX | 4350119810 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 73.83 | 73.83 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119860 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119836 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119771 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXXX Eligible | 1 | XXXX |
| XXXX | XXXX | 4350119777 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119766 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119832 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 | XXXX |
| XXXX | XXXX | 4350119783 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119818 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 74.88 | 74.88 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119826 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119843 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 60 | 60 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119772 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119865 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 | XXXX |
| XXXX | XXXX | 4350119764 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119794 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 48.76 | 48.76 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119773 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119873 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 74.99 | 74.99 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119856 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119800 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 57.75 | 57.75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119759 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 64.15 | 64.15 | XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 0.0019 | XXXX | 1004 URAR |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119806 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 69.62 | 69.62 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119874 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | XXXX |
| XXXX | XXXX | 4350119760 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 63.33 | 63.33 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119761 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 61.31 | 61.31 | XXXX | XXXX | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  | 0 |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.40

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g_022026.htm)

**Exhibit 99.40**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Deal ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | XXXX | XXXX | 4350119852 | XXXX | Monthly HOA $| propertyValuationPage | XXXX | XXXX | HOA updated as per appraisal report. |
| XXXX | XXXX | XXXX | 4350119847 | XXXX | Borrower 2 Sex - XXXX | the1003Page | true | false | Updated per Final 1003. |
| XXXX | XXXX | XXXX | 4350119775 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Reduced | Verified Doc Type is 12 Month Bank Statement.<br>|
| XXXX | XXXX | XXXX | 4350119867 | XXXX | Note Date | notePage | XXXX | XXXX | Updated as per Note document. |
| XXXX | XXXX | XXXX | 4350119867 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | XXXX | Its a DSCR program verified with 1008,loan approval doc hence updated the same. |
| XXXX | XXXX | XXXX | 4350119867 | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | True data has captured PITIA amount however Tape data has considered only P & I amount due to which there is difference. |
| XXXX | XXXX | XXXX | 4350119768 | XXXX | Verified Doc Type | employmentIncomePage | 2YR Full Doc | Full Doc | Verified Doc Type is 2 YR Full Doc<br>|
| XXXX | XXXX | XXXX | 4350119767 | XXXX | Verified Doc Type | employmentIncomePage | Asset Depletion – Debt Ratio Calculation | Full Doc | B1 income qualifying with Asset Depletion which is higher hence updated as Asset Depletion – Debt Ratio Calculation. |
| XXXX | XXXX | XXXX | 4350119808 | XXXX | Loan Purpose | the1003Page | Delayed Purchase | Refinance |  |
| XXXX | XXXX | XXXX | 4350119814 | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Property Type Two to Four Unit verified from appraisal report. |
| XXXX | XXXX | XXXX | 4350119848 | XXXX | Borrower 2 Sex - XXXX | the1003Page | true | false | Updated as per Final 1003. |
| XXXX | XXXX | XXXX | 4350119848 | XXXX | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 2.5 | 2.72 | Variance in decimal due to HOI premium is incorrect in 1008 & True data is correct as HOI premium matches with FPL. |
| XXXX | XXXX | XXXX | 4350119819 | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Updated per Appraisal document. |
| XXXX | XXXX | XXXX | 4350119784 | XXXX | Loan Type | the1003Page | DSCR | Conventional | Subject loan is DSCR. |
| XXXX | XXXX | XXXX | 4350119784 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | No Income and No Employment on 1003 | Subject loan is DSCR. |
| XXXX | XXXX | XXXX | 4350119823 | XXXX | Prepayment Penalty Flag | notePage | N | false |  |
| XXXX | XXXX | XXXX | 4350119828 | XXXX | Borrower 2 Sex - XXXX | the1003Page | false | true | Borrower 2 Sex - XXXX verified 1003. |
| XXXX | XXXX | XXXX | 4350119828 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Full Doc | Income verified from Asset depletion & 12 months bank statement. |
| XXXX | XXXX | XXXX | 4350119829 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Full Doc | Income verified from 12 months bank statement. |
| XXXX | XXXX | XXXX | 4350119825 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Confirmed Loan Type is DSCR |
| XXXX | XXXX | XXXX | 4350119825 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Alternative | Verified Doc Type is DSCR. |
| XXXX | XXXX | XXXX | 4350119807 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan Type is DSCR. |
| XXXX | XXXX | XXXX | 4350119807 | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Confirmed Property Type is Two to Four Unit |
| XXXX | XXXX | XXXX | 4350119807 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Verified Doc Type is DSCR. |
| XXXX | XXXX | XXXX | 4350119807 | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXXX | XXXX | Confirmed DSCR Loan. |
| XXXX | XXXX | XXXX | 4350119807 | XXXX | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | XXXX | XXXX | Confirmed DSCR Loan. |
| XXXX | XXXX | XXXX | 4350119807 | XXXX | Application Date | complianceDetailPage | XXXX | XXXX | Confirmed Application Date is XXXX. |
| XXXX | XXXX | XXXX | 4350119776 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Subject loan is DSCR. |
| XXXX | XXXX | XXXX | 4350119863 | XXXX | Borrower 2 Sex - XXXX | 1003OcrPage | false | true | Borrower 2 is Male verified from 1003 & ID. |
| XXXX | XXXX | XXXX | 4350119863 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Alternative | Income verified from 12 months bank statement. |
| XXXX | XXXX | XXXX | 4350119864 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Subject loan is DSCR. |
| XXXX | XXXX | XXXX | 4350119864 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Alternative | Subject loan is DSCR. |
| XXXX | XXXX | XXXX | 4350119782 | XXXX | Verified Doc Type | employmentIncomePage | 24 Month Bank Statement | Full Doc | Income verified from 24 months bank statement. |
| XXXX | XXXX | XXXX | 4350119782 | XXXX | Monthly HOA $| propertyValuationPage | XXXX | XXXX | Monthly HOA verified from appraial report, difference in decimal. |
| XXXX | XXXX | XXXX | 4350119811 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan is Qualified as DSCR. |
| XXXX | XXXX | XXXX | 4350119811 | XXXX | Qualifying CLTV | propertyValuationPage | XXXX | XXXX | Loan amount $XXXX/ Appraisal Value $XXXX= CLTV 41.67 % is Rounded of CLTV 42.00% |
| XXXX | XXXX | XXXX | 4350119811 | XXXX | Qualifying LTV | propertyValuationPage | XXXX | XXXX | Loan amount $XXXX/ Appraisal Value $XXXX= CLTV 41.67 % is Rounded of CLTV 42.00% |
| XXXX | XXXX | XXXX | 4350119811 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Verified Doc Type is DSCR. |
| XXXX | XXXX | XXXX | 4350119817 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Full Doc | Verified Doc Type is 12 Month Bank Statement |
| XXXX | XXXX | XXXX | 4350119781 | XXXX | Property Address | notePage | XXXX | XXXX | Property Address Verified from Note & DOT. |
| XXXX | XXXX | XXXX | 4350119781 | XXXX | Monthly HOA $| propertyValuationPage | XXXX | XXXX | Monthly HOA verified from Appraisal report. |
| XXXX | XXXX | XXXX | 4350119837 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan type is DSCR |
| XXXX | XXXX | XXXX | 4350119837 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | No Income and No Employment on 1003 | Confirmed Borrower qualified with Rental income. |
| XXXX | XXXX | XXXX | 4350119869 | XXXX | Note Date | notePage | XXXX | XXXX | Updated as per note document |
| XXXX | XXXX | XXXX | 4350119869 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | ALT DOC | True data is correct, 12 months bank statements are used for income calculation and hence doc type updated the same. |
| XXXX | XXXX | XXXX | 4350119824 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan Type is DSCR |
| XXXX | XXXX | XXXX | 4350119824 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Alternative | Confirmed Verified Doc Type is DSCR |
| XXXX | XXXX | XXXX | 4350119824 | XXXX | Refinance Type | disclosuresPage | No Cash Out - Borrower Initiated | Limited Cash Out - <1% of Loan Amount or $XXXX | Confirmed Refinance Type is Cash Out - Other |
| XXXX | XXXX | XXXX | 4350119778 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Full Doc | Income verified from 120 months bank statement. |
| XXXX | XXXX | XXXX | 4350119778 | XXXX | Primary Appraised Property Value | propertyValuationPage | XXXX | XXXX | Primary Appraised Property Value verified from appraisal report. |
| XXXX | XXXX | XXXX | 4350119827 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Full Doc |  |
| XXXX | XXXX | XXXX | 4350119830 | XXXX | Borrower 2 Sex - XXXX | 1003OcrPage | true | false | B2 is XXXX, verified from ID on page #325. |
| XXXX | XXXX | XXXX | 4350119830 | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 42.67 | 41.96 | Updated latest liability payments from latest credit report on page #148, 153 due to which we have slight difference in all other monthly payments & due to that we have slight difference in DTI. |
| XXXX | XXXX | XXXX | 4350119762 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Full Doc | Income qualifying through 12 months bank statements. |
| XXXX | XXXX | XXXX | 4350119763 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Full Doc | Doc type updated per loan program and documentation |
| XXXX | XXXX | XXXX | 4350119857 | XXXX | Monthly HOA $| propertyValuationPage | XXXX | XXXX | Confirmed Monthly HOA $XXXX updated from Appraisal document |
| XXXX | XXXX | XXXX | 4350119858 | XXXX | Property Address | notePage | XXXX | XXXX | Property Address verified from Note & DOT. |
| XXXX | XXXX | XXXX | 4350119858 | XXXX | Verified Doc Type | employmentIncomePage | 2YR Full Doc | Full Doc | Verified Doc Type is 2 Yr Full Doc. |
| XXXX | XXXX | XXXX | 4350119858 | XXXX | Monthly HOA $| propertyValuationPage | XXXX | XXXX | Monthly HOA verified appraisal report. |
| XXXX | XXXX | XXXX | 4350119795 | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 49.62 | 50.08 | Correct DTI is 49.62%, calculation is as follows Total Monthly Liabilities/Total Qualifying Income = $$XXXX = 49.62% |
| XXXX | XXXX | XXXX | 4350119833 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Full Doc | Subject loan qualifying with 12 Month Bank Statement. |
| XXXX | XXXX | XXXX | 4350119840 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Subject loan is DSCR. |
| XXXX | XXXX | XXXX | 4350119840 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Subject loan is DSCR. |
| XXXX | XXXX | XXXX | 4350119799 | XXXX | Verified Doc Type | employmentIncomePage | 1YR Full Doc | Full Doc | Verified Doc Type is full doc. |
| XXXX | XXXX | XXXX | 4350119871 | XXXX | Property Type | propertyValuationPage | PUD | Single Family Detached | True data is correct, property is a PUD per appraisal. |
| XXXX | XXXX | XXXX | 4350119871 | XXXX | Note Date | notePage | XXXX | XXXX | True data is correct, verified from Note doc. |
| XXXX | XXXX | XXXX | 4350119871 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | ALT DOC | True data is correct, 12 months bank statements are used for qualification and hence doc type updated the same. |
| XXXX | XXXX | XXXX | 4350119871 | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | True data is correct, tape data was not included HOA amount whereas true data contains PITIA. |
| XXXX | XXXX | XXXX | 4350119813 | XXXX | Borrower 2 Sex - XXXX | 1003OcrPage | false | true | Borrower 2 Sex - XXXX verified from 1003. |
| XXXX | XXXX | XXXX | 4350119813 | XXXX | Property Type | propertyValuationPage | PUD | Single Family Detached | Property Type is PUD verified from Appraisal report. |
| XXXX | XXXX | XXXX | 4350119769 | XXXX | Verified Doc Type | employmentIncomePage | 1YR Full Doc | Full Doc | Confirmed Verified Doc Type updated as per documentation |
| XXXX | XXXX | XXXX | 4350119870 | XXXX | Property Type | propertyValuationPage | PUD | Single Family Detached | True data is correct, property is a PUD per appraisal. |
| XXXX | XXXX | XXXX | 4350119870 | XXXX | Note Date | notePage | XXXX | XXXX | True data is correct, verified from Note doc. |
| XXXX | XXXX | XXXX | 4350119870 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | ALT DOC | True data is correct, 12 months bank statements are used for qualification and hence doc type updated the same. |
| XXXX | XXXX | XXXX | 4350119870 | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | True data is correct, tape data was not included HOA amount whereas true data contains PITIA. |
| XXXX | XXXX | XXXX | 4350119786 | XXXX | Property Type | propertyValuationPage | Townhouse | PUD | Property is PUD attached updated as Townhouse. |
| XXXX | XXXX | XXXX | 4350119786 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Alternative | Doc type updated as per loan program and documentation |
| XXXX | XXXX | XXXX | 4350119872 | XXXX | Note Date | notePage | XXXX | XXXX | True data is correct, verified from Note |
| XXXX | XXXX | XXXX | 4350119872 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | ALT DOC | True data is correct, 12 months bank statements are used for qualification and hence doc type updated the same. |
| XXXX | XXXX | XXXX | 4350119821 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Subject Loan is DSCR. |
| XXXX | XXXX | XXXX | 4350119821 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Alternative | Subject Loan is DSCR. |
| XXXX | XXXX | XXXX | 4350119796 | XXXX | Borrower 2 Sex - XXXX | 1003OcrPage | true | false | Confirmed updated per Final 1003 |
| XXXX | XXXX | XXXX | 4350119796 | XXXX | Verified Doc Type | employmentIncomePage | 2YR Full Doc | Full Doc | Confirmed 2 Yr Full Doc |
| XXXX | XXXX | XXXX | 4350119835 | XXXX | Borrower 2 Sex - XXXX | 1003OcrPage | true | false | Confirmed Borrower 2 Sex - XXXX updated as per Final 1003 |
| XXXX | XXXX | XXXX | 4350119835 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Full Doc | Doc type updated as per loan program and documentation |
| XXXX | XXXX | XXXX | 4350119838 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan Type is DSCR. |
| XXXX | XXXX | XXXX | 4350119838 | XXXX | Borrower 2 Sex - XXXX | 1003OcrPage | true | false | B2 is XXXX, verified from ID on 347. |
| XXXX | XXXX | XXXX | 4350119838 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Verified Doc Type is DSCR. |
| XXXX | XXXX | XXXX | 4350119838 | XXXX | Refinance Type | disclosuresPage | No Cash Out - Borrower Initiated | Limited Cash Out - <1% of Loan Amount or $XXXX | Cash required from borrower is $XXXX hence this will be no cash out. |
| XXXX | XXXX | XXXX | 4350119789 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan type is DSCR. |
| XXXX | XXXX | XXXX | 4350119789 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | No Documentation | Confirmed Verified Doc Type is DSCR. |
| XXXX | XXXX | XXXX | 4350119789 | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 223.56 | DSCR file not required DTI. |
| XXXX | XXXX | XXXX | 4350119862 | XXXX | Verified Doc Type | employmentIncomePage | Asset Depletion – Debt Ratio Calculation | Alternative | Verified Doc Type Asset Depletion – Debt Ratio Calculation Confirmed. |
| XXXX | XXXX | XXXX | 4350119862 | XXXX | Primary Appraised Property Value | propertyValuationPage | XXXX | XXXX | Primary Appraised Property Value verified from Appraisal report. |
| XXXX | XXXX | XXXX | 4350119822 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Subject loan is DSCR. |
| XXXX | XXXX | XXXX | 4350119822 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Alternative | Subject loan is DSCR. |
| XXXX | XXXX | XXXX | 4350119850 | XXXX | Borrower 2 Sex - XXXX | 1003OcrPage | true | false | Borrower 2 Sex - XXXX verified from 1003 & ID. |
| XXXX | XXXX | XXXX | 4350119850 | XXXX | Verified Doc Type | employmentIncomePage | 1YR Full Doc | Full Doc | Verified Doc Type is Alt Doc Confirmed. |
| XXXX | XXXX | XXXX | 4350119868 | XXXX | Note Date | notePage | XXXX | XXXX | Note date verified from Note document |
| XXXX | XXXX | XXXX | 4350119868 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | ALT DOC | Doctype updated as per loan program and documentation. |
| XXXX | XXXX | XXXX | 4350119868 | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | Tape Data not included HOA amount and the subject property is PUD. HOA per Appraisal Report is $1,147. |
| XXXX | XXXX | XXXX | 4350119868 | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 16.43 | 18.15 | DTI discrepancy on the loan, as per the DTI calculations our calculated DTI is 16.43% but Tape data DTI is 16.61%. Variance is 0.18 within tolerance. due to HOA fee different in 1008 & Appraisal report as per Appraisal property type PUD HOA amount is $XXXX but 1008 document HOA amount showing as $XXXX. |
| XXXX | XXXX | XXXX | 4350119809 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan type is DSCR |
| XXXX | XXXX | XXXX | 4350119809 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Alternative | Verified Doc Type is DSCR. |
| XXXX | XXXX | XXXX | 4350119804 | XXXX | Property County | deedOfTrustPage | XXXX | XXXX | Updated per DOT. |
| XXXX | XXXX | XXXX | 4350119804 | XXXX | Verified Doc Type | employmentIncomePage | 1YR Full Doc | Full Doc | Borrower Qualifying with Asset Depletion & SSI. |
| XXXX | XXXX | XXXX | 4350119805 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan Type is DSCR Confirmed. |
| XXXX | XXXX | XXXX | 4350119805 | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Property Type is Two to Four Unit Confirmed. |
| XXXX | XXXX | XXXX | 4350119805 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | No Documentation | Verified Doc Type is DSCR Confirmed. |
| XXXX | XXXX | XXXX | 4350119853 | XXXX | Borrower 1 Last Name | notePage | XXXX | XXXX | Confirmed last name with Note. |
| XXXX | XXXX | XXXX | 4350119853 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Alternative | Verified Doc Type is 12 Month Bank Statement |
| XXXX | XXXX | XXXX | 4350119803 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan Type is DSCR. |
| XXXX | XXXX | XXXX | 4350119854 | XXXX | Borrower 1 Last Name | notePage | XXXX | XXXX | Roman number included in borrower last name as per ID card. |
| XXXX | XXXX | XXXX | 4350119770 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan is qualified as DSCR |
| XXXX | XXXX | XXXX | 4350119770 | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Confirmed Property Type updated from Appraisal document |
| XXXX | XXXX | XXXX | 4350119770 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | No Documentation | Verified Doc Type is DSCR |
| XXXX | XXXX | XXXX | 4350119859 | XXXX | Borrower 2 Sex - XXXX | 1003OcrPage | false | true | Confirmed Borrower 2 Sex - XXXX updated as per Final 1003 |
| XXXX | XXXX | XXXX | 4350119859 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Alternative | Doc type updated per loan program and documentation |
| XXXX | XXXX | XXXX | 4350119859 | XXXX | Borrower 2 Employer 1 Yrs on Job | disclosuresPage | XXXX | XXXX | Confirmed Borrower 2 Employer 1 Yrs on Job updated as per Final 1003 |
| XXXX | XXXX | XXXX | 4350119855 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan Type is DSCR |
| XXXX | XXXX | XXXX | 4350119797 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Alternative | Doc type updated per loan program and documentation |
| XXXX | XXXX | XXXX | 4350119798 | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 16.29 | 17.34 | DTI is within guideline |
| XXXX | XXXX | XXXX | 4350119801 | XXXX | Borrower 1 Last Name | notePage | Combs III | Combs | Updated as per Note document. |
| XXXX | XXXX | XXXX | 4350119815 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Full Doc | Doc type updated per loan program and documentation. |
| XXXX | XXXX | XXXX | 4350119815 | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 46.53 | 45.73 | Confirmed DTI 46.53% matches with 1008 |
| XXXX | XXXX | XXXX | 4350119774 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan Type is DSCR |
| XXXX | XXXX | XXXX | 4350119774 | XXXX | Borrower 1 Last Name | notePage | XXXX | XXXX | Confirmed per Note. |
| XXXX | XXXX | XXXX | 4350119774 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Verified Doc Type DSCR |
| XXXX | XXXX | XXXX | 4350119774 | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 95.92 | Confirmed this is DSCR Loan. |
| XXXX | XXXX | XXXX | 4350119849 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan type is DSCR. |
| XXXX | XXXX | XXXX | 4350119849 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Alternative | Verified Doc Type updated as per loan program and documentation |
| XXXX | XXXX | XXXX | 4350119816 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Alternative | Income verified from 12 months bank statement. |
| XXXX | XXXX | XXXX | 4350119834 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan verified is DSCR |
| XXXX | XXXX | XXXX | 4350119834 | XXXX | Borrower 2 Sex - XXXX | 1003OcrPage | true | false | Confirmed updated from Final 1003 |
| XXXX | XXXX | XXXX | 4350119834 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | No Documentation | Confirmed doc type is DSCR |
| XXXX | XXXX | XXXX | 4350119839 | XXXX | Borrower 2 Sex - XXXX | 1003OcrPage | true | false | Borrower 2 Sex is XXXX, verified from ID. |
| XXXX | XXXX | XXXX | 4350119839 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Full Doc | Primary Wage earner is qualifying with Alt Doc. |
| XXXX | XXXX | XXXX | 4350119841 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan type is DSCR. |
| XXXX | XXXX | XXXX | 4350119841 | XXXX | Borrower 2 Sex - XXXX | 1003OcrPage | true | false | Confirmed Borrower 2 Sex - XXXX updated from Final 1003 |
| XXXX | XXXX | XXXX | 4350119841 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | No Documentation | Confirmed Verified Doc Type is DSCR |
| XXXX | XXXX | XXXX | 4350119851 | XXXX | Monthly HOA $| propertyValuationPage | XXXX | XXXX | Confirmed Monthly HOA $XXXX updated from Appraisal document |
| XXXX | XXXX | XXXX | 4350119788 | XXXX | Borrower 2 Sex - XXXX | 1003OcrPage | true | false | Confirmed Borrower 2 Sex - XXXX updated as per Final 1003 |
| XXXX | XXXX | XXXX | 4350119831 | XXXX | Verified Doc Type | employmentIncomePage | 1YR Full Doc | Full Doc | Confirmed verified doctype is Asset Depletion – Debt Ratio Calculation |
| XXXX | XXXX | XXXX | 4350119842 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan type is DSCR. |
| XXXX | XXXX | XXXX | 4350119842 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Confirmed Verified Doc Type is DSCR |
| XXXX | XXXX | XXXX | 4350119846 | XXXX | Borrower 2 Sex - XXXX | 1003OcrPage | true | false | Updated per Final 1003. |
| XXXX | XXXX | XXXX | 4350119810 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Full Doc | 12 Month Bank Statement is part of Alt doc. |
| XXXX | XXXX | XXXX | 4350119860 | XXXX | Property Zip Code | notePage | XXXX | XXXX | Zip code missing initial 0 |
| XXXX | XXXX | XXXX | 4350119771 | XXXX | Borrower 2 Sex - XXXX | 1003OcrPage | true | false | Borrower 2 Sex is XXXX verified from ID card. |
| XXXX | XXXX | XXXX | 4350119766 | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Alternative | Doc type updated per loan program and documentation |
| XXXX | XXXX | XXXX | 4350119832 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan type is DSCR |
| XXXX | XXXX | XXXX | 4350119832 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Verified doc type updated as per loan program and documentation |
| XXXX | XXXX | XXXX | 4350119818 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan type is DSCR |
| XXXX | XXXX | XXXX | 4350119818 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Full Doc | Confirmed Verified doc type is DSCR |
| XXXX | XXXX | XXXX | 4350119818 | XXXX | Refinance Type | disclosuresPage | No Cash Out - Borrower Initiated | Limited Cash Out - <1% of Loan Amount or $XXXX | Confirmed Refinance Type is No Cash Out - Borrower Initiated |
| XXXX | XXXX | XXXX | 4350119826 | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 905.13 | DSCR file not required DTI |
| XXXX | XXXX | XXXX | 4350119772 | XXXX | Verified Doc Type | employmentIncomePage | 2YR Full Doc | Full Doc | Verified Doc type updated as per loan program and documentation |
| XXXX | XXXX | XXXX | 4350119865 | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 474.57 | HTI & DTI Not applicable on DSCR loans. |
| XXXX | XXXX | XXXX | 4350119865 | XXXX | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | XXXX | XXXX | HTI & DTI Not applicable on DSCR loans. |
| XXXX | XXXX | XXXX | 4350119764 | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 6.14 | Confirmed this is DSCR Loan. |
| XXXX | XXXX | XXXX | 4350119773 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan Type is DSCR |
| XXXX | XXXX | XXXX | 4350119773 | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Property Type is Two to Four Unit |
| XXXX | XXXX | XXXX | 4350119873 | XXXX | Property Type | propertyValuationPage | PUD | Single Family Detached | Updated as per 1004, also PUD rider in file. |
| XXXX | XXXX | XXXX | 4350119873 | XXXX | Borrower 1 Self-Employment Flag | 1003OcrPage | No | Yes | Loan qualifies with DSCR program |
| XXXX | XXXX | XXXX | 4350119873 | XXXX | Note Date | notePage | XXXX | XXXX | Note Date updated as per Note document. |
| XXXX | XXXX | XXXX | 4350119873 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | ALT DOC | Loan qualifies with DSCR program |
| XXXX | XXXX | XXXX | 4350119873 | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | True data has considered PITIA amount however Tape data did not include HOA amount due to which there is difference. |
| XXXX | XXXX | XXXX | 4350119856 | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan type is DSCR |
| XXXX | XXXX | XXXX | 4350119856 | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Confirmed Property Type updated from Appraisal document |
| XXXX | XXXX | XXXX | 4350119856 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Alternative | Verified Doc Type updated per loan program and documentation |
| XXXX | XXXX | XXXX | 4350119856 | XXXX | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 0 | 7.29 | DSCR file not required HTI |
| XXXX | XXXX | XXXX | 4350119856 | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 13.38 | DSCR file not required DTI |
| XXXX | XXXX | XXXX | 4350119800 | XXXX | Verified Doc Type | employmentIncomePage | 24 Month Bank Statement | Alternative | Verified Doc Type updated as loan program and documentation |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | Borrower 1 Self-Employment Flag | 1003OcrPage | No | Yes | Updated as per Final 1003 document |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | Prepayment Penalty Type | notePage | Hard | 3 | Prepayment Penalty type if Hard |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | Interest Rate | notePage | 7.5 | 750 | Updated as per Final Note and verified from all closing documents |
| XXXX | XXXX | XXXX | 4350119874 | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | ALT DOC | Loan is Investment DSCR loan |
| XXXX | XXXX | XXXX | 4350119760 | XXXX | Qualifying FICO | creditLiabilitiesPage | 783 | 793 | Qualifying FICO 783 is qualified as per the Qualifying FICO method per GL's |
| XXXX | XXXX | XXXX | 4350119760 | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 49.9 | 47.32 | DTI 49.90% matches the 1008 document |

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