Exhibit 99.3
| TPR Firm: | EdgeMAC | Date Submitted: | 3/3/2022 | |
| Client Name: | Deephaven | Report: | Exception Report | |
| Client Project: | DRMT 2022-2 | Loans in report: | 41 |
| Report Date | Deal Loan ID | Loan Number | Edge MAC ID | Seller Loan Number | Originator | General Category | Exception | Exception ID | Date Exception Cured Waived Updated |
| 3/3/2022 | 6598640904 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | Missing the following required Federal and/or State Disclosures: Escrow Account Waiver Disclosure. | 7820-3279 | 12/15/2021 |
| 3/3/2022 | 6598640904 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Exception Approval: LTV to 69%Compensating Factors:1. 6 months reserves2. Low DTI3. Years in home4 Years on Job | 7820-5436 | 11/5/2021 |
| 3/3/2022 | 6598640904 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | The loan contains errors within one or more TRID disclosure. On Closing Disclosure dated XXX, the ETIA section under Projected Payments on page 1 is not completed, as it does not include the homeowner's/hazard insurance. Additionally, on page 4 under Escrow Account Section, the amount of the Non-Escrowed Property Costs is missing. Need Post Consummation Closing Disclosure with explanation letter to borrower and proof of method of delivery reflecting ETIA section completed on page 1, and the Non-Escrowed Property Costs Over Year 1 amount entered on page 4 under Escrow Section. | 7820-3272 | 12/15/2021 |
| 3/3/2022 | 6598640904 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Missing a verbal VOE within 10 business days prior to the Note Date for the co-borrower with XXX XXX. | 7820-5438 | 12/16/2021 |
| 3/3/2022 | 6598640904 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Missing a signed letter from the co-borrower regarding the self-employed status with XXX reflected on the final signed 1003 | 7820-5439 | 12/21/2021 |
| 3/3/2022 | 6598640904 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Missing a copy of the Real Estate License for the co-borrower | 7820-5440 | 12/21/2021 |
| 3/3/2022 | 4646407115 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Lender's Loan Approval and Lock Confirmation reflected that the Subject Occupancy Type is Second/Vacation. Also, per signed loan applications for both borrowers, the Subject property is a Second Home, which is inconsistent with the appraisal dated XXX indicating that the Subject property is occupied by a Tenant. In addition, the Evidence of Hazard insurance for the Subject has coverage for the Loss of Rent. Missing evidence that lender has addressed the discrepancy.*** UPDATE 12/20/2021 - Lender elected to waive condition. Received lender's exception approval to close subject property loan as 2nd home/vacation home using appraisal that lists "tenant" occupied and HOl that lists rental reimbursement as a coverage vs Occupancy as Rental per guidelines . ******Compensating Factors: ***1. 6 months reserves2. Years on job | 7820-5370 | 12/20/2021 |
| 3/3/2022 | 4646407115 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Subject LTV of 66.96% exceeds program guidelines maximum LTV of 65% for Second Home, Cash Out with the minimum FICO of 760. Lender Exception Approval in the file allowed: LTV to 70%.Compensating Factors:6 months reservesYears on jobYears in home | 7820-5360 | 11/9/2021 |
| 3/3/2022 | 4646407115 | XXX | XXX | XXX | XXX | Credit - Credit | LTV is 66.96% and the Borrower FICO is 669, which does Not meet program guidelines minimum FICO of 760 for the max LTV of 65% for a Non-Conforming Refinance Cash-Out, Second Home and max loan amount of $1,00,000. 00. Lender Exception Approval to allow FICO of 669.Compensating Factors:6 months reservesYears on jobYears in home | 7820-5361 | 11/9/2021 |
| 3/3/2022 | 4646407115 | XXX | XXX | XXX | XXX | Credit - Credit | Per XXX report dated XXX, the borrower is associated with an additional XXX. Missing documentation to evidence 3rd party verification of the borrower's SSN or evidence that lender has addressed the discrepancies.UPDATE XXXX - Received lender's exception approval to use credit report showing SSN verified to address name variation on Fraud Guard report and waive any additional documentation regarding the borrower's SSN.Compensating Factors:1. 6 months reserves2. Years on job3. Years in home | 7820-5369 | 12/16/2021 |
| 3/3/2022 | 4646407115 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Missing verbal Verification of Employment for the borrower prior to closing. | 7820-5373 | 11/9/2021 |
| 3/3/2022 | 4646407115 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Missing written and verbal Verification of Employment for the co-borrower, XXX, at the current employer XXX. 12/28/2021 - Lender elected to waive condition. Received lender's exception approval to waive written VOE for XXX at XXX. The verbal VOE completed by the lender was used to verify current employment and all additional employment verification for this employer is waived vs providing written VOE and copies of W-2s from the most recent two-year for the current employer per guidelines.Compensating Factors:1. 6 months reserves2. Years on job | 7820-5372 | 12/28/2021 |
| 3/3/2022 | 4646407115 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Recalculated DTI is 54.20%, which exceeds program max DTI of 50%. Missing lender exception approval.12/16/2021 - Received Lender Exception Approval to allow DTI of 54.20% vs guideline max DTI of 50%.Compensating Factors:1. 6 months reserves2. Years on job | 7820-5374 | 12/16/2021 |
| 3/3/2022 | 4646407115 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | The loan contains errors within one or more TRID disclosure. On Closing Disclosure dated XXX, the ETIA section under Projected Payments on page 1 is not completed, as it does not include the homeowner's/hazard insurance. Additionally, on page 4 under Escrow Account Section, the amount of the Non-Escrowed Property Costs is missing. Need Post Consummation Closing Disclosure with explanation letter to borrower and proof of method of delivery reflecting ETIA section completed on page 1, and the Non-Escrowed Property Costs Over Year 1 amount entered on page 4 under Escrow Section. | 7820-2198 | 12/16/2021 |
| 3/3/2022 | 4646407115 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Signed Power of Attorney in the file is missing the legal description Exhibit "A" | 7820-5371 | 12/16/2021 |
| 3/3/2022 | 4646407115 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | Missing the following required Federal and/or State Disclosures: Escrow Account Waiver Disclosure (for homeowners/hazard insurance) and Standard Flood Hazard Determination Form (SFHDF). | 7820-2206 | 12/15/2021 |
| 3/3/2022 | 4646407115 | XXX | XXX | XXX | XXX | Credit - Credit | Missing signed letter of explanation from borrower regarding the inquiry in the last 90 days and whether new credits were obtained from XXX on XXX. Copy of the signed LOE - Inquiry in the file didn't address this inquiry. | 7820-5368 | 11/9/2021 |
| 3/3/2022 | 4646407115 | XXX | XXX | XXX | XXX | Credit - Insurance and Title | The file is missing the flood certification | 7820-2199 | 11/9/2021 |
| 3/3/2022 | 1490180451 | XXX | XXX | XXX | XXX | Credit - Income and Assets | The gift funds of $XXX are Unacceptable sources of gift funds as the XXX and XXX do not meet the guidelines criteria for acceptable donors. XXX and XXX are not a relative of the borrower but rather potential renters.*** 12/17/2021 - Received lender's exception approval to allow gift funds from non-relative vs guidelines allow gift funds from acceptable donors. ****** Compensating Factor: 787 credit score; 27 points above program minimum credit score of 760. *** | 7821-1140 | 12/17/2021 |
| 3/3/2022 | 1490180451 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing documentation to evidence the borrower has sufficient assets to close and meet the minimum reserve requirement for the subject purchase transaction. Borrower's verified assets of $XXX are insufficient to meet the required closing funds of $XXX. The additional funds of $XXX wired to escrow came from gift funds. Per XXX guidelines, gift funds are Not allowed for Investment property and the Donors are Unacceptable Donors.*** 12/17/2021 - Lender elected to waive condition. Received lender's exception approval to allow gift funds on Investment property and from non-relative vs guidelines not allowing gift funds on Investment and not allowing gift from Unacceptable donors. ****** Compensating Factor: 787 credit score; 27 points above program minimum credit score of 760. *** | 7821-1141 | 12/17/2021 |
| 3/3/2022 | 1490180451 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Client approved exception in the loan file. Client approved exception to allow an LTV of 80% vs program maximum of 75%Compensating factors 1. 0x30 housing history 2. 3 years experience as an investor 3. 787 Fico score is 27 points greater than 760 maximum | 7821-1114 | 10/20/2021 |
| 3/3/2022 | 1490180451 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Client approved exception in the file. Client approved exception to allow DSCR Below 1.00 vs program guidelines that DSCR must meet or exceed 1.00%Compensating Factor: 1. 787 credit score; 27 points above program minimum credit score of 7602. 0x30 mortgage history for the past 24 months Missing documentation to evidence the lender provided an approved exception for the DSCR ratio of 0.84, which does not meet the program minimum of 1.00. Subject to review upon receipt. . | 7821-1118 | 11/8/2021 |
| 3/3/2022 | 1490180451 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | XXX and XXX are non-borrowing applicants, whom are on Title only but Not on the Note. XXX and XXX, and the borrower, XXX, signed the Occupancy and Financial Status Affidavit indicating the Subject property is non-owner occupied. However, per signed lease agreement dated XXX, XXX and XXX are the Tenants of the Subject property. Missing signed letter of explanation from the borrower and evidence that lender has addressed the discrepancy.*** UPDATED 12/21/2021 - Received lender exception approval to allow the provided letter that lender and borrower have addressed the Occupancy vs providing the signed letter from the borrower addressing the discrepancy that the non-borrowing applicants, whom are Tenants of the Subject property, signed the Affidavit of Occupancy as non-owner occupied. ****** Compensating Factors: ***1. Reserves are 6+ months2. Housing history 0x30x243. FICO is 787 | 7821-1119 | 12/21/2021 |
| 3/3/2022 | 1490180451 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | Borrower address on hazard insurance is the same as the subject property indicating owner occupancy. | 7821-1120 | 11/17/2021 |
| 3/3/2022 | 1490180451 | XXX | XXX | XXX | XXX | Credit - Credit | Undisclosed mortgage liability from XXX acct. #XXX is shown on the credit report but not on the loan applications, which is inconsistent with the information on page 3 of the loan application indicated that the borrower does not own any property. However, page 1 of the loan application showed the borrower owns the current residence at XXX. Missing copy of the mortgage statement to determine which property is attached to this mortgage. | 7821-1121 | 11/8/2021 |
| 3/3/2022 | 1490180451 | XXX | XXX | XXX | XXX | Credit - Credit | Missing satisfactory mortgage rating 1x30 for past 12 months for the borrower's current residence or evidence that the property is free & clear at XXX. | 7821-1122 | 11/8/2021 |
| 3/3/2022 | 1490180451 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing documentation to evidence and explain why the borrower does not appear on the purchase contract. The final price addendum reflects XXX and XXX are reflected as the buyer not the borrower XXX. | 7821-1125 | 11/8/2021 |
| 3/3/2022 | 2714235511 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Lender approved exception in the file. Client approved exception to allow an LTV to 80% vs program maximum of 70%. Compensating Factors:1. 12 mos. reserves2. Years on job3. Low DTI | 7820-3262 | 11/8/2021 |
| 3/3/2022 | 2714235511 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing documentation to evidence sufficient hazard insurance exists for the subject property. Per Evidence of Property Insurance, the Dwelling coverage is $XXX, which is less than the loan amount of $XXX and the policy does not have Guaranteed Replacement coverage. Missing evidence of the Replacement Cost Estimate showing 100% replacement value of the improvements for the Subject property. | 7820-3264 | 12/16/2021 |
| 3/3/2022 | 2714235511 | XXX | XXX | XXX | XXX | Credit - Credit | 12/16/2021 - Received lender's exception approval to use credit report verifying SSN match to verify name discrepancy related to SSN on XXX report and waive any addition documentation related to this SSN verification. Compensating Factors: 1. Low DTI 2. Years on job3. 12 mos. reservesPer XXX report dated XXX the borrower has additional SSN XXX and also additional name, XXX, associated with the borrower's SSN XXX. Missing documentation to evidence 3rd party verification of the borrower's SSN or evidence that lender has addressed the discrepancies. | 7820-3263 | 12/16/2021 |
| 3/3/2022 | 8191817300 | XXX | XXX | XXX | XXX | Credit - Credit | Borrower FICO is 646, which does Not meet program guidelines minimum FICO of 700 for the maximum LTV of 75% for a Purchase of Primary Residence. Lender exception approval in the file allowed LTV to 75% with 646 FICO.Compensating Factors:1. Borrower has been self-employed since 7/20062. DTI ratio of 16.45%; 33.55% less than max DTI of 50% | 7820-3301 | 10/28/2021 |
| 3/3/2022 | 8191817300 | XXX | XXX | XXX | XXX | Credit - Credit | Client approved exception to allow VOR using 10 months cancelled checks with borrower explanation that two months were paid in cash.Compensating Factors:1. Borrower has been self-employed since 7/20062. DTI ratio of 16.45%; 33.55% less than max DTI of 50% | 7820-3304 | 11/9/2021 |
| 3/3/2022 | 8191817300 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | Missing the following required Federal and/or State Disclosures: TX Mortgage Company Disclosure. | 7820-3275 | 12/15/2021 |
| 3/3/2022 | 8191817300 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | The Deed of Trust in file dated XXX reflects the vesting as "XXX and XXX, husband and wife as joint tenants," however, the Warranty Deed with Vendor's Lien in file dated XXX reflects the vesting as "XXX." | 7820-3274 | 12/15/2021 |
| 3/3/2022 | 5814266290 | XXX | XXX | XXX | XXX | Credit - Insurance and Title | Vested owner on title do not match the borrower on deed of trust: Vested owner's last name is spelled as "XXX" when borrower on Deed of Trust last name is spelled "XXX". The name variations are not listed on the AKA statement nor is the name variation listed on borrower's identification. | 7820-4337 | 12/17/2021 |
| 3/3/2022 | 5814266290 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | The Notice of Right to Cancel was not completed properly: Property held in Trust; however, Right of Rescission was signed by borrower as Individual only and not executed as Trustee. Need re-opened rescission extended to Trustee, with rescission period beginning on date of receipt. The rescission period is to be three business days (not including Sundays or Federal holidays), and proof of receipt is to also be provided. | 7820-4338 | 12/16/2021 |
| 3/3/2022 | 5814266290 | XXX | XXX | XXX | XXX | Credit - Credit | Borrower FICO of 677 does Not meet program guidelines minimum FICO of 720 for a 12 month business bank statement Refinance Cash-Out, Primary Residence and max loan amount of $2,500,000. Missing Lender Exception Approval to allow FICO of 677. | 7820-4333 | 11/15/2021 |
| 3/3/2022 | 5814266290 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Subject LTV of 65.51% exceeds program guidelines maximum LTV of 60% for a 12 month business bank statement Refinance Cash-Out, Primary Residence with minimum FICO of 720 and max loan amount of $2,500,000. Missing Lender Exception Approval to allow LTV to 65.51%. | 7820-4332 | 11/15/2021 |
| 3/3/2022 | 1938361239 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Subject LTV is 66.67%, which exceeds program guidelines maximum LTV of 65% for a minimum FICO of 760. Missing Lender Exception Approval to allow LTV of 66.67%.Received Exception Approval: Exception requested for 66.67% LTV. Compensating Factors:1. 6 months reserves2. Housing history 0x303. Borrower has been a renter at the same location for 4 years. Housing history is paid as agreed | 7821-1126 | 12/2/2021 |
| 3/3/2022 | 1938361239 | XXX | XXX | XXX | XXX | Credit - Credit | Borrower FICO of 677 does Not meet program guidelines minimum FICO of 720 for a Non-Conforming Refinance Cash-Out, Investment property and max loan amount of $750,000. Missing Lender Exception Approval to allow FICO of 677.Received Exception Approval: Exception requested for 667 FICO for cash out refinance investment property transactionCompensating Factors:1. 6 months reserves2. Housing history 0x303. Borrower has been a renter at the same location for 4 years. Housing history is paid as agreed | 7821-1127 | 12/2/2021 |
| 3/3/2022 | 1938361239 | XXX | XXX | XXX | XXX | Credit - Credit | The borrower does Not meet the minimum four major Active tradelines as required per program guidelines. The borrower's credit report dated XXX showed that the borrower has one (1) Active Mortgage account and one (1) minor Revolving account opened in XXX. Missing lender's exception approval. // UPDATED // 12/02/2021 - Received seller comment. However, Per XXX Underwriting guidelines the borrower is required a minimum of four major Active tradelines. The borrower credit report reflected 2 active within the last 12 months. The remaining tradelines are outside the 12 months period | 7821-1128 | 12/2/2021 |
| 3/3/2022 | 1938361239 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | The re-calculated DSCR ratio of 0.96 does not meet program guidelines minimum DSCR of 1.00. Per program guidelines, used the lower of the executed lease agreement or market rent from appraisal form 1007. Or provide evidence of the most recent 3 months receipt of higher amountReceived Exception Approval: Exception requested for 667 FICO for .94 Debt Service Coverage RatioCompensating Factors:1. 6 months reserves2. Housing history 0x303. Borrower has been a renter at the same location for 4 years. Housing history is paid as agreed | 7821-1131 | 12/2/2021 |
| 3/3/2022 | 1715458486 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Subject LTV of 80% exceeds program guidelines maximum LTV of 70% for a Purchase of Investment property with minimum FICO of 720. Missing Lender Exception Approval to allow LTV at 80%. | 7820-4316 | 11/9/2021 |
| 3/3/2022 | 1715458486 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing documentation to evidence the sale of the borrowers property at XXX. Signed copy of the Purchase contract stated the COE was XXX. Subject to review of reserves total upon receipt. | 7820-4328 | 11/9/2021 |
| 3/3/2022 | 1715458486 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing copies of Taxes, Insurance and HOA statement for the borrower's new primary residence at XXX. Subject to review and recalculation of DTI. | 7820-4329 | 11/9/2021 |
| 3/3/2022 | 1715458486 | XXX | XXX | XXX | XXX | Credit - Income and Assets | The borrower was hired on XXX with the current employer at XXX, which is less than two years. Copies of 2020 W-2 from XXX and XXX. Missing previous Verification of Employment for the past two years from XXX and W-2 for 2019. | 7820-4327 | 11/9/2021 |
| 3/3/2022 | 6788001469 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Subject LTV of 80% exceeds program guidelines maximum LTV of 65% for a minimum FICO of 660. Lender Exception Approval in the file allowed: LTV to 80%.Compensating Factors:1. Low DTI2. 12 months reserves3. Years on job | 7820-4352 | 11/8/2021 |
| 3/3/2022 | 6788001469 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing signed Addendum to Purchase Contract showing Seller Credit to Buyer in the amount of $XXX as reflected on the Closing Disclosure dated XXX. | 7820-5358 | 12/15/2021 |
| 3/3/2022 | 6788001469 | XXX | XXX | XXX | XXX | Credit - Credit | Borrower FICO is 656, which does Not meet program guidelines minimum FICO of 720 for the maximum LTV of 80% for a Purchase of Primary Residence. Missing lender exception approval. ****UPDATED 11/11/2021 - Missing exception for the low credit score of 656 which is below the 660 minimum required*** | 7820-4353 | 11/15/2021 |
| 3/3/2022 | 4614365622 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | This loan failed the TILA Right of Rescission test. The funding date is before the third business day following consummation. The rescission "midnight of" date is XXX and according to the Closing Disclosure dated , the loan funded on XXX resulting in the below TILA Violation. Need Post Consummation Closing Disclosure with explanation letter to borrower and proof of method of delivery reflecting accurate Interest From and Disbursement dates.Federal TILAThis 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. | 7820-4306 | 12/2/2021 |
| 3/3/2022 | 4614365622 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Subject LTV of 79.68% exceeds program guidelines maximum LTV of 75% for a Non-Conforming Refinance Cash-Out, Primary Residence with minimum FICO of 760 and max loan amount of $1,000,000. Missing Lender Exception Approval to allow LTV to 79.68%. | 7820-5387 | 11/18/2021 |
| 3/3/2022 | 4614365622 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing copy of the Note, Taxes, Insurance and HOA statement (if applicable) for the new loan with XXX in the amount of $XXX and monthly payment of $XXX reflected on the signed final 1003. | 7820-5388 | 11/18/2021 |
| 3/3/2022 | 8840248803 | XXX | XXX | XXX | XXX | Credit - Credit | The borrower does Not meet the minimum four major Active tradelines as required per program guidelines. The borrower's credit report dated XXX showed that the borrower has One major revolving account and one major Authorized user account, which do Not meet program guidelines. Missing lender's exception approval. // UPDATED // 11/12/2021 - Received LOX for lender regarding credit history meet. However, per XXX Underwriting Guidelines section Credit History: Borrowers should exhibit at least four Active major consumer credit and/or mortgage accounts. The borrower's credit report dated XXX showed that the borrower has One major revolving account and one major Authorized user account, which do Not meet program guidelines.*** 12/16/2021 - Received lender exception approval to use one trade-line versus four trade-lines per guidelines. ****** Compensating Factors: ***1. Low LTV2. Low DTI3. Number of years on job4. More than 12 months reserves5. High discretionary income6. Number of years in home | 7820-5375 | 12/16/2021 |
| 3/3/2022 | 8840248803 | XXX | XXX | XXX | XXX | Credit - Credit | Per XXX report dated XXX, the borrower has an additional name, XXX, associated with the borrower's SSN XXX. Missing signed letter of explanation from the borrower and 3rd party verification of the borrower's SSN.*** 12/17/2021 - Received lender's exception approval to use credit report verifying SSN match to verify name discrepancy related to SSN on XXX report and waive any additional documentation related to this SSN verification. ******Compensating Factors: ***1. Low DTI 2. Years on job | 7820-5376 | 12/17/2021 |
| 3/3/2022 | 8840248803 | XXX | XXX | XXX | XXX | Credit - Credit | Credit report dated XXX reflects foreclosure dated XXX with XXX and does not meet guideline seasoning period of 36 months. Missing lender's exception approval.11/12/201 - Received exception approval for ForeclosureException Approval: Exception request for XXX $XXX foreclosure completed XXX. First lates occurred XXX with XXX was transferred until foreclosure was completed XXX at XXX Compensating Factors:1. Low DTI2. Low LTV3. 12 plus months reserves4. High discretionary income5. Number of years in home6. Number of years on job | 7820-5456 | 11/12/2021 |
| 3/3/2022 | 1710648266 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | The loan contains errors within one or more TRID disclosure. On Closing Disclosure dated XXX, the XXX NMLS ID is not correct in the Mortgage Broker Column under the Contact Information Section on page 5. Need Post Consummation CD with explanation letter to borrower and proof of method of delivery reflecting accurate Mortgage Broker Company NMLS ID. | 7820-3292 | 12/16/2021 |
| 3/3/2022 | 1710648266 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | The loan contains errors within one or more TRID disclosure. The Closing Disclosure (CD) in file Issued XXX reflects a Disbursement Date of XXX, however, the Primary Borrower did not execute an Acknowledgment until XXX. Need Post Consummation Closing Disclosure with explanation letter to borrower and proof of method of delivery reflecting accurate Interest From and Disbursement Date. | 7820-4315 | 12/16/2021 |
| 3/3/2022 | 1710648266 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing documentation to support the primary borrower (XXX) primary residence. The final signed 1003 reflected the subject property as the primary residence. | 7820-5401 | 11/22/2021 |
| 3/3/2022 | 1710648266 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing an updated Lock Confirmation to reflect the correct loan terms. 480 months vs 360 months | 7820-5410 | 11/22/2021 |
| 3/3/2022 | 1710648266 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Client approved exception in the file. Client approved exception to allow unsigned letter of explanation vs program requirement the LOE must be signed Compensating Factors:1. 692 credit score; 12 points above program minimum credit score of 6802. No public records3. 99 months reserves; 93 months greater than 6 month program minimum4. 48.69% DTI. 1.31% below program maximum DTI of 50%Missing a signed letter from the primary borrower (XXX) regarding the Forbearance agreement. The provided LOE in file is not signed | 7820-5403 | 11/22/2021 |
| 3/3/2022 | 1710648266 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Subject LTV of 80% exceeds program guidelines maximum LTV of 50% for a minimum FICO of 680. Lender Exception Approval in the file allowed: LTV at 80% with 692 FICO.Compensating Factors:1. 6 months reserves2. Years in home | 7820-5396 | 11/8/2021 |
| 3/3/2022 | 8332291668 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Subject LTV of 90% exceeds program guidelines maximum LTV of 80% for a minimum FICO of 700. Lender Exception Approval in the file allowed: LTV at 90%.Compensating Factors: 1. Housing history 0 x 302. Years on job | 7820-5389 | 11/8/2021 |
| 3/3/2022 | 8332291668 | XXX | XXX | XXX | XXX | Credit - Credit | *** UPDATE 12/15/2021 - Lender's Exception Approval allowed two (2) minor tradelines vs. guidelines require four (4) major tradelines. ****** Compensating factors: 1) Years on job and 2) Housing history 0x30x12 ***The borrowers does Not meet the minimum four major Active tradelines as required per program guidelines. The Joint credit report dated XXX showed 2 Active minor revolving account with the past 12 months. The remaining tradelines are closed or outside the 12 months active history. Missing lender's exception approval. | 7820-5391 | 12/15/2021 |
| 3/3/2022 | 8332291668 | XXX | XXX | XXX | XXX | Credit - Credit | *** UPDATE 12/15/2021 - Lender's Exception Approval allowed to accept borrower verification of rent at lower monthly rents for months XXX and $XXX for XXX vs monthly rent of $XXX as stated on the loan application. ****** Compensating factors: 1) Years on job and 2) Housing history 0x30x12 ***Missing documentations to support the borrowers monthly rent amount of $XXX. The borrowers are currently renting the Subject property. Copies of cancelled rent checks for the last 15 months showed different amounts; Loan application stated the monthly rent is $XXX. Copies of rent checks in the amount of $XXX were provided from XXX, except, XXX. However, copies of cancelled checks from XXX showed $XXX/month and rent payment of $XXX for XXX. | 7820-5394 | 12/15/2021 |
| 3/3/2022 | 8332291668 | XXX | XXX | XXX | XXX | Credit - Credit | *** UPDATE 12/15/2021 - Lender's Exception Approval allowed to accept borrower verification of rent at lower monthly rents for months XXX through XXX and $XXX for XXX vs monthly rent of $XXX as stated on the loan application. Lender exception to accept missing verification of rent for XXX. ****** Compensating factors: 1) Years on job and 2) Housing history 0x30x12 ***Missing copy of cancelled rent check in the amount of $XXX for XXX. | 7820-5395 | 12/15/2021 |
| 3/3/2022 | 8332291668 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Missing an updated bank statement with XXX account ending in XXX to support the available balance of $5XXX vs $XXX reflected on XXX statement. | 7820-5393 | 12/15/2021 |
| 3/3/2022 | 8332291668 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | The loan contains errors within one or more TRID disclosure. On Closing Disclosure dated XXX, the Mortgage Broker Company NMLS ID is not correct in the Mortgage Broker Column under the Contact Information Section on page 5. Need Post Consummation CD with explanation letter to borrower and proof of method of delivery reflecting accurate Mortgage Broker Company NMLS ID. | 7820-3291 | 12/15/2021 |
| 3/3/2022 | 8332291668 | XXX | XXX | XXX | XXX | Credit - Income and Assets | *** UPDATE 12/16/2021 - Received Lender's Exception Approval to allow reserves $XXX short of 6 months reserves vs guidelines of 6 months reserves. ****** Compensating factors: 1) Years on job and 2) Housing history 0x30x12 ***Missing additional asset documentation to support that the borrowers has sufficient funds for required 6 months reserves of $XXX. The total verified assets of $91,214.59 less closing costs of $XXX equals $XXX for reserves. The borrower is short $XXX in required funds for reserves. | 7820-5455 | 12/16/2021 |
| 3/3/2022 | 7728326039 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Missing documentation to evidence the lender granted an exception for the DTI exceeding the max of 55%. The recalculated DTI is 58.90%, which exceeds program guidelines max DTI of 50%. Missing lender exception approval.****UPDATED 11/9/2021 - Exception provided approved the high DTI up to 54.77% and not the 58.90% DTI per the re-calculation. Condition still pending***11/12/2021 - Received DTI exception approval for 54.77%. and exception approval to use asset depletion calculation using 103 monthsCompensating Factors: 1. Low LTV2. 12 plus month reserves3. Number of years in home4. Number of years on job | 7820-4314 | 11/12/2021 |
| 3/3/2022 | 7728326039 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | The Notice of Right to Cancel was not completed properly: The Borrower and Non-Borrowing Spouse executed the Notice of Right to Cancel documents as Individuals only and not also as Trustees. Rescission needs to be re-opened with proof of delivery, so rescission period is extended to the aforementioned individuals as Trustees. Rescission period is to be three business days (not including Sundays or Federal Holidays), beginning from date of receipt. | 7820-4326 | 12/7/2021 |
| 3/3/2022 | 7728326039 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | This loan failed the TILA Right of Rescission test. The funding date is before the third business day following consummation. The rescission "midnight of" date is XXX and according to the Closing Disclosure dated XXX, the loan funded on XXX resulting in the below TILA Violation. Need Post Consummation Closing Disclosure with explanation letter to borrower and proof of method of delivery reflecting accurate Interest From and Disbursement dates.Federal TILAThis 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. | 7820-3290 | 12/7/2021 |
| 3/3/2022 | 7728326039 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Missing documentation to evidence the lender granted an exception for the cash out amount of $XXX exceeding the maximum allowed of $500,000.00. Subject to review upon receipt. | 7820-4312 | 11/9/2021 |
| 3/3/2022 | 7728326039 | XXX | XXX | XXX | XXX | Credit - Credit | The borrower does Not meet the minimum four major Active trade lines as required per program guidelines. The borrower's credit report dated XXX showed that the borrower has one major Auto account and one revolving account recently opened in XXX, and 2 major Authorized user accounts, which do Not meet program guidelines. Missing lender's exception approval. | 7820-4313 | 11/9/2021 |
| 3/3/2022 | 9487145928 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Missing a verbal VOE within 10 business days prior to the Note Date for borrower, XXX. Updated 12/27/2021 // Received post-closing VOE, missing VOE within 10 business days prior to the Note Date for borrower, XXX./// /// Updated 12/28/2021 - Received verbal VOE dated XXX within closing; Note dated XXX. Condition cleared./// | 7820-5756 | 12/28/2021 |
| 3/3/2022 | 9487145928 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Missing fully executed 2020 1040 tax returns, W2 income statement for the borrower and the 2020 1065 K-1 for the XXX . Subject to review and recalculation of income./// UPDATED 1/7/2022 - Received lender's exception approval to waive 2020 P&L and YTD P&L, and Extension application for XXX for 1065 2020 tax year. Still missing signed 2020 1040 and 2020 W-2. Insufficient to clear./// /// UPDATED 1/5/2022 - Received LOE stating borrower didn't receive W-2 in 2020, updated income worksheet removing co-borrower's income and XXX for XXX. Still missing signed 2020 1040 and 1065/K-1 and signed (wet signature) LOE from the borrower regarding 2020 W-2 from XXX for the borrower. Insufficient to clear./// | 7820-5757 | 1/13/2022 |
| 3/3/2022 | 9487145928 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | Closing Disclosure dated XXX reflects an Interest from date of XXX; however, Consummation did not occur until XXX. Need Post Consummation Closing Disclosure with explanation letter to borrower and proof of method of delivery to borrower reflecting accurate Interest From and Disbursement dates. | 7820-5690 | 1/18/2022 |
| 3/3/2022 | 9487145928 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | The loan contains errors within one or more TRID disclosure. On Closing Disclosure dated XXX, the Mortgage Broker Company NMLS ID is not correct in the Mortgage Broker Column under the Contact Information Section on page 5. Need Post Consummation CD with explanation letter to borrower and proof of method of delivery reflecting accurate Mortgage Broker Company NMLS ID. | 7820-5669 | 1/18/2022 |
| 3/3/2022 | 3794728831 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | The loan contains errors within one or more TRID disclosure. On Closing Disclosure dated XXX, the Mortgage Broker Company NMLS ID is not correct in the Mortgage Broker Column under the Contact Information Section on page 5. Need Post Consummation CD with explanation letter to borrower and proof of method of delivery reflecting accurate Mortgage Broker Company NMLS ID. | 7820-5672 | 12/30/2021 |
| 3/3/2022 | 3794728831 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | This loan failed the TILA Right of Rescission test. The funding date is before the third business day following consummation. The rescission "midnight of" date was XXX and according to the Closing Disclosure dated XXX the loan funded on 09/13/2021 resulting in the below TILA Violation. Need Post Consummation Closing Disclosure with explanation letter to borrower and proof of method of delivery to borrower reflecting accurate Interest From and Disbursement Dates.Federal TILAThis 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. | 7820-5688 | 12/30/2021 |
| 3/3/2022 | 8031124749 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | The loan contains errors within one or more TRID disclosure. On Closing Disclosure dated XXX, the Mortgage Broker Company NMLS ID is not correct in the Mortgage Broker Column under the Contact Information Section on page 5. Need Post Consummation CD with explanation letter to borrower and proof of method of delivery reflecting accurate Mortgage Broker Company NMLS ID. | 7820-5421 | 12/16/2021 |
| 3/3/2022 | 8031124749 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | The loan contains errors within one or more TRID disclosure. On Closing Disclosure dated XXX the Disbursement date reflects XXX, however, Consummation date is XXX. Need Post Consummation CD with explanation letter to borrower and proof of method of delivery reflecting accurate Closing and Disbursement Date to match the Note and Deed of Trust. | 7820-5423 | 12/16/2021 |
| 3/3/2022 | 8031124749 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Lender approved exception for the high LYV of 75% which exceeds the program maximum of 55%Compensating Factors:1. Low DTI 43.88%2. Over 12 months PITI reserves3. Housing history 0x30x12 | 7820-5546 | 11/16/2021 |
| 3/3/2022 | 8031124749 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | Missing the following required Federal and/or State Disclosures: Notice to Home Loan Applicant (Credit Score Disclosure) | 7820-5424 | 12/14/2021 |
| 3/3/2022 | 8031124749 | XXX | XXX | XXX | XXX | Credit - Insurance and Title | Missing documentation to evidence a flood certificate for the subject property was provided. The flood cert in the file is for another property and borrower. | 7820-5422 | 11/19/2021 |
| 3/3/2022 | 8031124749 | XXX | XXX | XXX | XXX | Credit - Insurance and Title | Missing documentation to evidence sufficient hazard insurance exists for the subject property. The policy provided has a coverage amount of $XXX which is below the replacement costs estimate of $XXX. | 7820-5544 | 1/6/2022 |
| 3/3/2022 | 9271797628 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Lender approved exception for the high LTV of 90% which exceeds to program maximum of 85%Compensating factors:1. Fico score of 7742. 6 months PITI reserves3. Low DTI | 7820-5562 | 11/19/2021 |
| 3/3/2022 | 9271797628 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | The recalculated debt to income ratio of 51.30% exceeds the maximum allowed of 50.00% without a lender approved exception. The lender calculated the current property tax at $XXX which is not based on the new purchase price of $XXX nor is it based on the current property tax obligation reflected on the prelim of $XXX. Based on the purchase price of $XXX the monthly property tax obligation is XXX.Received Seller Exception Approval: Exception requested to allow DTI of 50.14%.Compensating Factors:1. 6 months reserves2. Housing history 0x303. 774 Credit Score | 7820-5563 | 12/2/2021 |
| 3/3/2022 | 9271797628 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing a corrected 1008 reflecting the correct qualifying debt to income ratio and monthly property tax obligation. The 1008 in the file reflects a qualifying DTI of 51.98% which is not supported by the income and credit obligation reflected in the loan file. | 7820-5583 | 12/2/2021 |
| 3/3/2022 | 2536532616 | XXX | XXX | XXX | XXX | Property - Collateral | Subject property was acquired in the last 102 days with an increase in price of >20%. If the loan is an HPML loan, an additional written appraisal must be performed by a different licensed or certified appraiser. Report must be in compliance with USPAP and FIRREA. An analysis of the difference in the original sales price and subsequent sales price, changes in market conditions and property improvements the seller made must be performed. | 7820-5550 | 12/16/2021 |
| 3/3/2022 | 2536532616 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | *** 12/20/2021 - Lender elected to waive condition. Received lender's exception approval to use borrower explanation letter explaining that they are living rent free with their elderly parents, credit report, and property profile vs LOE provided by parents/ home owners per guidelines . ******Compensating Factors: ***1. More than 12 months reserves2. 13 years on job12/17/2021 - Received duplicate documentation. Unable to clear.12/16/2021 - Received duplicate LOE from borrower. Still missing documentation to support that the borrower is living rent free. Unable to clear condition.///Missing documentation to support that the borrower is living rent free. The LOE in file is from the borrower and not the owner of the property | 7820-5545 | 12/20/2021 |
| 3/3/2022 | 2536532616 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Subject LTV of 85% exceeds program guidelines maximum LTV of 80% for a Primary Residence Purchase with minimum FICO of 700. Missing Lender Exception Approval to allow LTV to 85%.** UPDATE 12/15/2021 - Lender's Exception Approval allowed LTV to 85% vs max LTV of 80%. **Compensating Factors:1. More than 12 months reserves2. 13 years on job | 7820-5523 | 12/15/2021 |
| 3/3/2022 | 2536532616 | XXX | XXX | XXX | XXX | Credit - Income and Assets | *** UPDATED 12/20/2021 - Received updated income worksheet and lender's exception approval to amortize 23-months of bank statements over a 24-month timeperiod for XXX XXX to determine borrowers DTI and Qualifying income. XXX bank statement is excluded from the DTI calculation and the statement is waived vs providing most recent bank statements prior to closing per guidelines. ****** Compensating Factors: ***1. More than 12 months reserves2. 13 years on job12/17/2021 - Received duplicate documentation. Unable to clear.12/16/2021 - Received bank stmts. for XXX and Duplicate income worksheet using XXX bank stmt.. Still missing bank statement for XXX and updated income worksheet using most recent bank statements. Condition is insufficient to clear.///Missing updated bank statements from XXX acct.XXX for XXX and XXX and updated lender income worksheet; the most recent bank statement ending XXX used for qualifying income is outdated based on the closing date of XXX. | 7820-5539 | 12/20/2021 |
| 3/3/2022 | 2536532616 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | Missing Seller's Closing Disclosure /Final Settlement Statement to confirm all Seller Paid Fees are reflected on the Closing Disclosure in file dated XXX. | 7820-5469 | 12/17/2021 |
| 3/3/2022 | 5691797503 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing documentation showing borrowers are 100% owner of the XXX. | 7820-5736 | 12/28/2021 |
| 3/3/2022 | 5691797503 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Subject LTV of 75% exceeds program guidelines maximum LTV of 70% for a Purchase with minimum FICO of 720. Missing Lender Exception Approval to allow LTV to 75%.** 12/13/2021 - Exception Approval allowed LTV to 75% vs guideline max LTV of 70% **Compensating factors:1. Low LTV2. Number of years on job3. More than 12 months reserves; reserves = $6MIL | 7820-5724 | 12/13/2021 |
| 3/3/2022 | 5691797503 | XXX | XXX | XXX | XXX | Property - Collateral | Missing required valuation forms. Subject is an investment property. Per lender guidelines a 1007 rental form is required for each investment property. . | 7820-5738 | 12/15/2021 |
| 3/3/2022 | 5691797503 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing signed letter of explanation from the borrower and the source of large deposit of $XXX on XXX in XXX acct. XXX.*** 12/17/2021 - Lender elected to waive condition. Received lender exception approval to remove assets at XXX account ending XXX vs providing letter of explanation and source of large deposit in this account as per guidelines. ****** Compensating Factors: ***1. Low DTI2. Number of years on job3. More than 12 months reserves4. Borrower is self-employed since 2/2006 | 7820-5734 | 12/17/2021 |
| 3/3/2022 | 5691797503 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | Grant Deed in file is not Signed or Notarized. Need Fully Executed and Notarized Grant Deed for this purchase Transaction. | 7820-5671 | 12/10/2021 |
| 3/3/2022 | 3154214901 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Subject loan LTV of 90% exceeded Non-Conforming Program guideline maximum LTV of 80% with loan amount of $1,233,000.00 and qualifying credit score of 774. Exception Approval: Exception requested for LTV. Compensating Factors:1. 6 months reserves2. Low DTI. 3. Credit Score of 774 | 7820-5704 | 12/7/2021 |
| 3/3/2022 | 3154214901 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | Legal description attached to the Mortgage does not match the legal description attached to the Title Commitment, including but not limited to the following issue: The Mortgage legal description references 6.0 acre tract when the Title Commitment legal description references 9.312 acre tract. | 7820-5715 | 12/10/2021 |
| 3/3/2022 | 4041095047 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing documentation to evidence the monthly tax obligation for the property located at XXX. Subject to review upon receipt. | 7820-5830 | 1/6/2022 |
| 3/3/2022 | 4041095047 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Application is incomplete: Missing Loan Officer's signature on the final loan application (1003) dated XXX. | 7820-5805 | 1/28/2022 |
| 3/3/2022 | 4041095047 | XXX | XXX | XXX | XXX | Credit - Credit | Missing documentation to evidence the borrower most recent 12 month mortgage history max 1x30. The credit report reflects several months were the mortgage was not rated and the borrower did not make a payment. Missing documentation to reflect the modification status of the subject property.*** 1/6/2022 - Lender elected to waive condition. Received lender's exception approval to waive VOM for XXX and waive any additional documentation regarding payment history for XXX. Condition waived. ******Compensating Factors: ***1. FICO 7472. 12 plus months reserves3. Number of years in home 4. Low DTI **** | 7820-5831 | 1/6/2022 |
| 3/3/2022 | 6115236013 | XXX | XXX | XXX | XXX | Credit - Credit | Missing documentation addressing deferred interest on the mortgage statement date XXX in the amount of $XXX for XXX. Mortgage rating in the last 12 months cannot exceed 1X30 and the property cannot be currently in forbearance. Subject to review and recalculation.*** UPDATE 1/6/2022 - Lender elected to waive condition. Received lender's exception approval to waive VOM for XXX and waive any additional documentation regarding payment history for XXX. Condition waived.****** Compensating Factors: ***1. Low DTI2. 12 plus months reserves3. Number of years in home4. Number of years on job5. FICO 747 ****** | 7820-5823 | 1/6/2022 |
| 3/3/2022 | 6115236013 | XXX | XXX | XXX | XXX | Credit - Credit | Missing documentation to determine the monthly amount of child support due under the court order provided in the file. Subject to review and recalculation.*** UPDATE 1/6/2022 - Received title supplemental report dated XXX indicated that item No. 12 has been deleted. Condition cleared.*** | 7820-5824 | 1/6/2022 |
| 3/3/2022 | 8552162636 | XXX | XXX | XXX | XXX | Property - Collateral | Appraisal does not address the subject's hot water heater. Comment with respect to where the hot water heater is located and if within the unit, it is required to be double strapped per CA State law. . | 7821-1146 | 1/13/2022 |
| 3/3/2022 | 8552162636 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | The Assignment of Agreement Addendum showing the original buyer was XXX and the Assignee is XXX and Fair Housing & Discrimination Advisory are Not signed by the Sellers. Missing fully executed Assignment of Agreement Addendum reflecting all signatures/// UPDATE 1/13/2022 - Received executed Escrow Amendment Re: Assignment by Buyer. Condition cleared./// | 7821-1147 | 1/13/2022 |
| 3/3/2022 | 8552162636 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing updated HO6 policy showing the correct unit #XXX for the Subject property. copy in the file showed unit #XXX./// UPDATE 1/13/2022 - Received updated policy, condition cleared./// | 7821-1151 | 1/13/2022 |
| 3/3/2022 | 8552162636 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing fully executed copy of the Purchase addendum showing $XXX Seller's credit to Buyer as reflected on the Final Closing Disclosure dated XXX./// UPDATE 1/24/2022 - Received Updated signed escrow amendment Re: $XXX Seller's credit to Buyer signed by borrower XXX and Sellers. Condition cleared.////// UPDATE 1/14/2022 - Escrow amendment provided shows the Buyer, XXX, has assigned the Purchase contract to XXX. The Assignor is Not the Borrower of the loan and is Unacceptable. Insufficient to clear.////// UPDATE 1/13/2022 - Received Escrow Amendment Re: $XXX Credit to Buyer from Seller signed by the Sellers and the Buyer is XXX, whom is Not a Borrower on the loan. Insufficient to clear./// | 7821-1152 | 1/24/2022 |
| 3/3/2022 | 8552162636 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | Missing All pages of the signed Occupancy Affidavit; copy in the file is missing page 1./// UPDATE 1/14/2022 - Received complete signed copy. Condition cleared./// | 7821-1153 | 1/14/2022 |
| 3/3/2022 | 8552162636 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | Borrower address on hazard insurance is the same as the subject property indicating owner occupancy/// UPDATE 1/13/2022 - Received updated policy showing the Insured Mailing address at the borrower's current residence, condition cleared./// | 7821-1154 | 1/13/2022 |
| 3/3/2022 | 5190540770 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Funds for closing were wired from the borrower's XXX accounts #XXX, which is a Foreign institution in XXX. Missing non-objection from the compliance/BSA team per SFR Underwriting Guidelines.*** UPDATE 1/10/2022 - Lender elected to waive condition. Received lender's exception approval to waive BSA Approval for funds to close. Receipt and funds were verified by lender and is marked as acceptable, no additional documentation required vs providing non-objection from the compliance/BSA team per guidelines requirement . Condition waived.****** Compensating Factors: ***1. 749 credit score; 29 points above program minimum credit score of 7202. No public records3. 22 months reserves; 16 months greater than 6 month program minimum ***/// UPDATE 1/7/2022 - Received email from a XXX @ XXX. Still missing the non-objection approval from the compliance/BSA team. Insufficient to clear./// | 7820-5822 | 1/10/2022 |
| 3/3/2022 | 5190540770 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Missing two months consecutive bank statements (pre-consummation) for the borrower's XXX account ending XXX, XXXX accts XXX and XXX. Bank statements are dated post-consummation.*** UPDATE 1/18/2022 - Lender elected to waive condition. Received lender's exception approval to waive two months bank statements for XXX account ending in XXX vs providing 60 days bank statements per guidelines requirement . Condition waived.****** Compensating Factors: ***1. 749 credit score; 29 points above program minimum credit score of 7202. No public records3. 22 months reserves; 16 months greater than 6 month program minimum ***/// UPDATE 1/14/2022 - Received duplicate assets documentation and copy of illegible Buyer Estimated Closing Statement Insufficient to clear.////// UPDATE - Received lender's exception approval to except the VOD for XXX account ending in XXX, and the exception did Not waive two months bank statements for XXX. Still missing updated lender income worksheet excluding assets from XXX. Insufficient to clear.////// UPDATE 1/10/2022 - Based on the XXX date format is Dd/Mm/Yyyy, copies of the XXX are in the file for XXX accts. XXX and XXX. Still missing two months consecutive bank statements for XXX acct. ending XXX. Insufficient to clear./// | 7820-5820 | 1/18/2022 |
| 3/3/2022 | 5190540770 | XXX | XXX | XXX | XXX | Credit - Income and Assets | DTI of 50.35% exceeds max DTI of 50%. Max DTI allowed to 55% with exception, however an exception is not in file. Increased DTI occurred due to both borrowers base income, per pay statements, being $XXX XXX which converts to $XXX US or $XXX US total.*** UPDATE 1/6/2022 - Received lender's exception approval to allow DTI of 50.35% exceeding max DTI of 50%. Max DTI allowed to 55% with exception. Condition waived.****** Compensating Factors: ***1. 749 credit score; 29 points above program minimum credit score of 7202. No public records3. 22 months reserves; 16 months greater than 6 month program minimum *** | 7820-5832 | 1/6/2022 |
| 3/3/2022 | 5190540770 | XXX | XXX | XXX | XXX | Credit - Legal Documentation | The Deed of Trust is missing the legal description attached as Exhibit A. Deed of Trust in file dated XXX reflects "SEE ATTACHED EXHIBIT A" on Page 3, however, Exhibit A is missing. Need full copy of Deed of Trust inclusive of Exhibit A Legal Description and any Riders. | 7820-5801 | 1/5/2022 |
| 3/3/2022 | 5190540770 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | The loan contains errors within one or more TRID disclosure. Missing Seller's Closing Disclosure /Final Settlement Statement to confirm all Seller Paid Fees are reflected on the Closing Disclosure in file dated XXX. | 7820-5804 | 1/5/2022 |
| 3/3/2022 | 5190540770 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | Document not properly executed or dated: Missing copy of Note reflecting co-borrower's signature. The loan application shows the co-borrower's credit is being considered as part of the loan transaction. | 7820-5817 | 1/5/2022 |
| 3/3/2022 | 5190540770 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Missing verbal VOE for the borrower prior to closing. | 7820-5827 | 1/6/2022 |
| 3/3/2022 | 5190540770 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Missing verbal VOE for the co-borrower prior to closing. | 7820-5828 | 1/6/2022 |
| 3/3/2022 | 5190540770 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | Missing the following required Federal and/or State Disclosures: Missing Grant Deed to confirm Vesting on Deed of Trust in file. | 7820-5803 | 1/5/2022 |
| 3/3/2022 | 5190540770 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing documentation to support borrowers US Citizenship as stated on the final 1003. Documentation in file indicates both borrowers are foreign nationals./// UPDATE 1/14/2022 - Documentation provided supported borrowers are US Citizens. Condition cleared.////// UPDATE 1/13/2022 - Per lender's correspondence, the borrowers have lived and worked outside the US for 25 years, and they have Dual Citizenship, which is permitted recently since XXX. Missing documentation to support that XXX accepts Dual Citizenship or Updated signed Final 1003 showing borrowers are Foreign Nationals. Condition received is insufficient to clear.////// UPDATE 1/10/2022 - Received copies of borrowers USA passports. The borrowers also provided copies of XXX passports in the file and identification cards indicated that the borrowers live in XXX. UAE do Not allow Dual Citizenship. The borrowers do Not live and work in the USA, and are considered Foreign Nationals. Missing updated Final 1003 showing the borrowers are Foreign Nationals. Insufficient to clear./// | 7820-5829 | 1/14/2022 |
| 3/3/2022 | 6141283100 | XXX | XXX | XXX | XXX | Credit - Credit | Per XXX report dated XXX, the borrower has an additional name XXX associated with the borrower's SSN XXX and also a SSN Variation #XXX associated with the borrower's name. Missing documentation to evidence 3rd party verification of the borrower's SSN and name variation.*** 12/17/2021 - Received lender's exception approval to use credit report verifying SSN match to verify name discrepancy related to SSN on XXX report and waive any additional documentation related to this SSN verification. ******Compensating Factors: ***1. Low DTI2. Number of years on job3. More than 12 months reserves4. High discretionary income5. Housing history 0x30x12 | 7820-2110 | 12/17/2021 |
| 3/3/2022 | 6141283100 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | 10/7/2021 Client approved exception in the file. Client approved exception to allow a gift of equity for a purchase transaction vs program guidelines that gift of equity not allowed.Compensating Factors:1. 697 credit score; 14 points above program minimum credit score of 6802. Mortgage history is 0x30 for 12 months3. No public records4. 50 months reserves; 44 months greater than 6 month program minimum5. Borrower has been self-employed since 3/20166. DTI ratio of16.60%; 33.40% less than max DTI of 50% Per FNMA Guidelines, a gift of equity is permitted for principal residence and second home purchase transactions only. The Subject property is a Purchase for the Investment property. Missing lenders exception approval. | 7820-2112 | 10/7/2021 |
| 3/3/2022 | 6141283100 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | 10/7/2021 Client approved exception provided by the lender. Client approved exception to allow an LTV of 75% vs program maximum of 70% Compensating Factors:1. 697 credit score; 14 points above program minimum credit score of 6802. Mortgage history is 0x30 for 12 months3. No public records4. 50 months reserves; 44 months greater than 6 month program minimum5. Borrower has been self-employed since 3/20166. DTI ratio of16.60%; 33.40% less than max DTI of 50%Subject LTV of 75% exceeds guidelines maximum LTV of 60%. Missing Client Exception Approval. | 7820-2107 | 10/7/2021 |
| 3/3/2022 | 6141283100 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | The Subject's Street name reflected on the Deed of Trust as XXX does Not match the name of the Street stated of the prelim, Purchase Agreement and Appraisal showing as XXX. Missing confirmation or corrected Deed of Trust updating the name of the street for the Subject property, which match all documents in the file./// UPDATE 2/2/2022 - Received executed correction Deed of Trust recorded on 1/28/2022. The Subject Street name on the 1-4 Family Rider and Prepayment Rider do Not match the Subject Street name on the Deed of Trust. Also, missing updated 1008 and lender loan approval showing the Subject property matching the Subject address on the Deed of Trust & all Riders. Insufficient to clear./// 1/// UPDATE 1/14/2022 - Received copy of the Correction Deed of Trust recorded on XXX with the Notary Acknowledgement signed and dated by the Notary on XXX, which was dated prior to Security Instrument dated XXX. Furthermore, the Street name was corrected on the Deed of Trust, but Not on the Riders. The Street name on the 1-4 Family Rider and Prepayment Rider did Not match the Street name on the corrected Deed of Trust. The correction Deed of Trust was improperly executed. Insufficient to clear./// | 7820-2111 | 2/3/2022 |
| 3/3/2022 | 6141283100 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | /// UPDATE 12/16/2021 - Received lender updated income worksheet removing unexplained large deposit. Condition cleared.///11/22/2021 Received dupicate comments and response to the issue of the large deposit. Unable to clear without a letter of explanation for the large deposits/////10/21/2021 - Received seller comment. However, the SFR Underwriting Guidelines (pg 13) reflects large deposit that exceeds 50% of the total monthly qualifying income must be explained // - // Missing signed letter of explanation from the borrower and source of large deposit of $XXX on XXX in the borrower's XXX acct. XXX. | 7820-2109 | 12/16/2021 |
| 3/3/2022 | 4263623187 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing signed letter of explanation and sources of the following large deposits in XXX account #XXX: 1) $XXX on XXX; and 2) $XXX on XXX. | 7820-1988 | 11/11/2021 |
| 3/3/2022 | 4263623187 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | Vesting on Trustee's Deed does not match Vesting/"borrower" on page 1 of Mortgage in file and Signature Affidavit and AKA Statements in file do not reflect any AKA's for borrower and non-borrower. | 7820-1908 | 2/17/2022 |
| 3/3/2022 | 4263623187 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | LTV of 90% exceeds program guideline maximum LTV of 80%. Lender Exception Approval allowed LTV to 90%.Compensating Factors:1. Low DTI2. Years on job3. FICO is 7714. Reserves are 12+ months | 7820-1984 | 9/9/2021 |
| 3/3/2022 | 7785549770 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | //UPDATE: 02/04/2022 Received new Note, Deed of Trust and 1003, however, STILL MISSING re-opened Notice of Right to Cancel with explanation letter to borrower and proof of delivery.//UPDATE: 10/22/2021 Further documentation received revealed that Loan Originator Organization on the documents, including but not limited to, 1003, Note and Deed of Trust in file is inaccurate. Need new Signed 1003, Note and Deed of Trust reflecting accurate Loan Originator Organization with re-opened Notice of Right to Cancel and explanation letter to borrower. If Deed of Trust is already recorded also need Signed Intent to re-record letter. 1003 Loan Applications and Legal Documents reflect loan as being Originated by XXX, however, file contains a Loan Brokerage Agreement reflecting Broker Originated by XXX. Unable to determine if loan was accurately disclosed to borrower. | 7820-1913 | 2/9/2022 |
| 3/3/2022 | 7785549770 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | The loan contains errors within one or more TRID disclosure. Closing Disclosure dated XXX reflects inaccurate Mortgage Broker Contact Information on page 5. Need Post Consummation Closing Disclosure with explanation letter to borrower and proof of method of delivery to borrower reflecting accurate Mortgage Broker Contact Information. | 7820-1914 | 10/22/2021 |
| 3/3/2022 | 2461609956 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing documentation to support the IRS demand for tax years 2014 and 2015 in the amount of $XXX and IRS installment agreement for $XXX for tax years 2014 through 2017 are one in the same. If tax years 2016 and 2017 still outstanding, a new/updated installment agreement is required. Subject to re-calculation of debt upon receipt\\ 2/4 Did not receive any documentation to clear requested condition. Condition marked #5916 is a Final title policy. Still need the demand and installment agreement. | 7820-5916 | 2/10/2022 |
| 3/3/2022 | 8946117110 | XXX | XXX | XXX | XXX | Credit - Income and Assets | The recalculated DTI ratios of 57.46% exceeds the underwriting guideline maximum of 50.00%. The 1008 reflects a monthly tax amount of $XXX but the final CD reflects $XXX which is based on the new sale price of .$XXX whereas the $XXX tax obligation is based on the previous assessment. The 1008 also did not reflect the monthly HOA obligation that is reflected on the appraisal for the subject property. | 7820-5882 | 2/17/2022 |
| 3/3/2022 | 8946117110 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Client approved exception to allow DTI ratios greater than 50%. DIT is 53.58% and asset depletion was allowed.Compensating Factors:1. 69.80% LTV; 0.20% below 70% program maximum2. Mortgage history is 0x30 for 12 months3. No public records4. 23.51 months reserves; 17.51 months greater than 6 month program minimum | 7820-5953 | 2/17/2022 |
| 3/3/2022 | 8946117110 | XXX | XXX | XXX | XXX | Credit - Credit | Client approved exception to allow credit score of 658 against program minimum of 660.Compensating Factors:1. 69.80% LTV; 0.20% below 70% program maximum2. Mortgage history is 0x30 for 12 months3. No public records4. 23.51 months reserves; 17.51 months greater than 6 month program minimum | 7820-5863 | 1/28/2022 |
| 3/3/2022 | 8946117110 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | The loan contains errors within one or more TRID disclosure. On Closing Disclosure dated XXX, the ETIA section under Projected Payments on page 1 is not completed, as it does not include the HOA dues for this PUD. Additionally, on page 4 under Escrow Account Section, the amount of the Non-Escrowed Property Costs is missing. Need Post Consummation Closing Disclosure with explanation letter to borrower and proof of method of delivery reflecting ETIA section completed on page 1, and the Non-Escrowed Property Costs Over Year 1 amount entered on page 4 under Escrow Section. | 7820-5858 | 2/16/2022 |
| 3/3/2022 | 6246886113 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | //UPDATE: 02/04/2022 Received a copy of the Grant Deed to the Seller in this transaction, however, that does not affect this condition. The issue is the Mortgage reflects the primary borrower as "XXX" and the Warranty Deed to these borrowers/buyers reflects the primary borrower as "XXX". The Signature Affidavit /AKA Statement does not reflect the borrower is known as "XXX" nor known as "XXX". Mortgage and AKA reflect only "XXX" and never just "XXX".Vesting on Warranty Deed does not match Vesting on Mortgage in file for Borrower and Borrower's Signature Affidavit and AKA Statement does not contain an AKA name as reflected on the Warranty Deed. | 7820-5860 | 2/18/2022 |
| 3/3/2022 | 6246886113 | XXX | XXX | XXX | XXX | Property - Collateral | Photo of stairs shows a lack of railing on the left side. This is a health and safety issue. | 7820-5864 | 2/7/2022 |
| 3/3/2022 | 5269511822 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | Per XXX Closing Disclosure, the per diem interest line in Section F does not reflect an interest from date or amount. Unable to determine if the borrower was provided an accurate three day right of rescission. Need Post Consummation Closing Disclosure (PCCD) with explanation letter to borrower and proof of delivery, reflecting the accurate pre-paid interest dates and amount. | 7820-5906 | 2/16/2022 |
| 3/3/2022 | 5269511822 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Missing copy of lender's verbal verification of employment as required by guidelines. | 7820-5938 | 2/8/2022 |
| 3/3/2022 | 1594175971 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Missing Trust Documentation mentioned in LOE to support deposit of $XXX//02/10/2022 Updated received an LOE from borrower stating that the deposit of $XXX was from his fathers trust in which the funds were in the name of the trust of XXX who past away earlier this year and not our borrower, the borrower provided an LOE and the wire of the bank statement clearly shows the XXX and not our borrowers name. The borrower is the beneificiary and provided a part of the trust that stated what the borrower is to receive. | 7820-5892 | 2/10/2022 |
| 3/3/2022 | 1594175971 | XXX | XXX | XXX | XXX | Credit - Insurance and Title | Missing required insurance policy for 100% of the insurable value of the improvements, guaranteed replacement or the total of the actual unpaid balances of the first and all subordiante liens. Coverage is insufficient by $XXX.//02/10/2022 Updated received updated insurance with increased replacemet cost. | 7820-5901 | 2/10/2022 |
| 3/3/2022 | 1594175971 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Missing 2020 1040s all pages for rental income being used to qualify and to support NOL deduction reflected. Subject to recalculation of debt to income ratio. //02/10/2022 Updated received 2020 1040s with rental income and NOL to support deduction reflected, no other issues noted. DTI still within guidelines. | 7820-5897 | 2/10/2022 |
| 3/3/2022 | 1594175971 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Missing 2020 W2 for XXX as W2 in file is for XXX.//02/10/2022 Updated received 2020 W2 for XXX /XXX. No issues noted. | 7820-5898 | 2/10/2022 |
| 3/3/2022 | 1594175971 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing evidence that tax lien of $XXX noted on title item #5 was paid in full.//02/10/2022 Updated received a final policy with Item #5 removed however, still missing evidence that the tax lien was paid.//02/11/2022 Updated received payoff and HUD 1 settlement statement reflecting that the IRS payment was made but it does not show paid on the Final Closing Disclosure.//02/14/2022 Updated received final title policy with the removal of the tax lien and Final Settlement statement reflecting IRS taxes of $XXX along with the payoff from the IRS. | 7820-5900 | 2/14/2022 |
| 3/3/2022 | 1594175971 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing evidence of two year employment history, VOE provided for current employer states that borrower started on XXX. Previous VOE not provided in file to verify no gaps in employment.//02/10/2022 Updated received VOE with borrowers start date of XXX however, borrower is still missing a two year employment history there is a 2020 W2 from XXX but still missing VOE to verify employment dates from last employer.//02/11/2022 Exception provided to waive guideline for employment history. Compensating factors: LTV/CLTV 54.05% max 80%Reserves $375,142.00 greater than 12 mos requirement21 years in home | 7820-5899 | 2/22/2022 |
| 3/3/2022 | 1594175971 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | //UPDATE: 02/15/2022 Received the Right to Cancel and a Settlement Statement attached to this condition, however, Unable to accurately perform TRID Testing without a Post Consummation Closing Disclosure reflecting the accurate Interest From Date and Interest Amount Charged. Condition remains as is."This loan failed the TILA Right of Rescission test. The funding date is before the third business day following consummation. The rescission ""midnight of"" date is XXX and according to the Closing Disclosure dated XXX, the loan funded on 11/30/2021 resulting in the below TILA Violation. Need Post Consummation Closing Disclosure with explanation letter to borrower and proof of method of delivery reflecting accurate Interest From and Disbursement dates."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 thenotice required by 12 CFR 1026.23 or 1026.15, or delivery of all material disclosures, whichever occurs last. | 7820-5867 | 2/16/2022 |
| 3/3/2022 | 8713115959 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Lender approved exception for LTV. (Note: Though this exception is in the file, it does not appear to be needed as the borrower's 85% LTV with a FICO score of 760 meets program requirements)Compensating Factors:1. Reserves exceed 12 months2. FICO is 7603. Paying off car, will have very little debt | 7820-5894 | 2/3/2022 |
| 3/3/2022 | 8713115959 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing current income worksheet from the lender including bank statements for the months of XXX and XXX with one time deposit adjustments as applicable. Income to be re-calculated.//***Updated 2/10/2022 - Worksheet provided does not meet the condition as the worksheet shows statements from XXX to XXX. The condition is still pending*** //***Updated 2/4/2022 - Documents provided were in the original file. The lender's worksheet including the months of XXX and XXX with onetime and none business is still required*** | 7820-5887 | 2/14/2022 |
| 3/3/2022 | 9822508881 | XXX | XXX | XXX | XXX | Credit - Legal Documentation | //UPDATE: 02/16/2022 Received copy of Deed of Trust inclusive of Legal Description matching Preliminary Title Report, however, STILL MISSING Grant Deed reflecting Legal Description matching Preliminary Title Report to ensure accurate conveyance of property.The legal description in the mortgage does not match the legal description in the prelim. Exhibit "A" legal description attached to the Deed of Trust in file dated XXX and on Grant Deed in file is inaccurate. Legal Description on Grant Deed, Preliminary Title Report and Deed of Trust are all different. Need full copy of Grant Deed and Deed of Trust inclusive of accurate Exhibit "A" legal description and any riders with Legal Description matching Preliminary Title Report in file. | 7820-5859 | 2/17/2022 |
| 3/3/2022 | 9822508881 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing documentation to evidence the subject property has sufficient H0-6 (walls in coverage). The master policy provided does not reflect the unit has individual walls-in coverage. Subject to review upon receipt | 7820-5929 | 2/16/2022 |
| 3/3/2022 | 9822508881 | XXX | XXX | XXX | XXX | Credit - Credit | Missing documentation to evidence the most recent 12 months rental history. The loan file contains the borrower current lease agreement but does not contain a completed Verification of Rent supported by cancelled checks if completed by a private party | 7820-5902 | 2/16/2022 |
| 3/3/2022 | 2507123365 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Client approved exception to allow the use of 11 months bank statements amortizing over 12 month period to determine DTI for the 12 month bank statement program.Compensating Factors:1. 765 credit score; 5 points above program minimum credit score of 7602. No public records3. 30.53 months reserves; 24.53 months greater than 6 month program minimum4. Borrower has been self-employed for the last 10 years5. DTI ratio of 48.161%; 1.839% less than 50% program maximum | 7820-5935 | 2/4/2022 |
| 3/3/2022 | 2507123365 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | Missing Grant Deed to confirm Vesting on Deed of Trust in file. | 7820-5869 | 2/4/2022 |
| 3/3/2022 | 2507123365 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Missing documentation to evidence the XXX bank statement for XXX account ending XXX was provided in order to complete the 12 month bank statement income calculation. Income subject to recalculation. | 7820-5904 | 2/4/2022 |
| 3/3/2022 | 5934473574 | XXX | XXX | XXX | XXX | Credit - Income and Assets | Missing signed lease agreement Copy provided reflects lease term from XXX to XXX representing 0 days rental period. Contract does not reflect conversion to a month-to-month tenancy for XXX | 7820-5926 | 2/4/2022 |
| 3/3/2022 | 5934473574 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | The Notice of Right to Cancel was not completed properly: Property held in Trust; however, Right of Rescission was signed by both the borrower and co-borrower as Individuals only and not executed as Trustees. Need re-opened rescission extended to Trustees, with rescission period beginning on date of receipt. The rescission period is to be three business days (not including Sundays or Federal holidays), and proof of receipt is to also be provided. | 7820-5862 | 2/22/2022 |
| 3/3/2022 | 5934473574 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | This loan failed the TILA Right of Rescission test. The funding date is before the third business day following consummation. The rescission "midnight of" date is XXX and according to the Closing Disclosure dated XXX the loan funded on XXX resulting in the below TILA Violation. Need Post Consummation Closing Disclosure with explanation letter to borrower and proof of method of delivery reflecting accurate Interest From and Disbursement dates.Federal TILAThis 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. | 7820-5865 | 2/22/2022 |
| 3/3/2022 | 5934473574 | XXX | XXX | XXX | XXX | Credit - Legal Documentation | //UPDATE: 02/03/2022 Received copy of Deed of Trust with Legal Description, however, it is missing the Riders. Need full copy of Deed of Trust inclusive of Legal Description and Riders.The Deed of Trust is missing the legal description attached as Exhibit "A". Deed of Trust in file dated XXX reflects "SEE EXHIBIT "A" ATTACHED HERETO AND BY THIS REFERENCE MADE A PART HEREOF" on Page 3, however, Exhibit "A" is missing. Need full copy of Deed of Trust inclusive of Exhibit "A" legal description and any riders. | 7820-5857 | 2/4/2022 |
| 3/3/2022 | 5934473574 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Exception approval provided for use of higher appraised value of $XXX as it is within 10% of the lower amount on the 2nd report.Compensating factors:1. Low DTI 42.91%2. FICO 7493.Years on the job | 7820-5928 | 2/3/2022 |
| 3/3/2022 | 8513206191 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | Missing Grant Deed to confirm Vesting on Deed of Trust/Mortgage in file. | 7820-5873 | 2/3/2022 |
| 3/3/2022 | 1181540443 | XXX | XXX | XXX | XXX | Credit - Legal Documentation | The Deed of Trust is missing the correct legal description for the subject property. It appears that the file may contain an erroneous Preliminary Title Report as the Legal Description attached to the Grant, Bargain and Sale Deed matches the Legal Description attached to the Deed of Trust which does not match the Legal Description within the Preliminary Title Report. | 7820-5861 | 2/8/2022 |
| 3/3/2022 | 1181540443 | XXX | XXX | XXX | XXX | Credit - Credit | 2/11/2022 Client approved exception in the loan file. Client approved exception to allow the use of the Cash receipts, VOR and cancelled checks to validate rental history/////Compensating Factors:FICO of 713 vs min of 700Borrower has $XXX in excess reserves Missing 12 months cancelled checks for verification of rent from private landlord to demonstrate a max 1x30 rental history. Cancelled checks for XXX have been provided however the remaining months are hand written receipts. Explanation in file does not have documentation to support the $XXX cash payments as Borrower states they keep cash at home. There are no $XXX cash withdrawals from either business or personal accounts showing or other pattern of cash withdrawals. Subject to review. Updated 1/09/2022 Response supplied does not clear item. Guidelines stipulate12 consecutive months cancelled checks, online printout from bill pay or bank statements to verify 12 months rental history. Subject to review. | 7820-5940 | 2/11/2022 |
| 3/3/2022 | 1181540443 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | 2/11/2022 Client approved exception provided. Client approved exception provided to allow the deposit of $XXX to XXX without a paper trail for the deposit /////Compensating Factors:FICO of 713 vs min of 700Borrower has $XXX in excess reserves Missing documentation to address large deposit of $XXX on the XXX account #XXX for the statement ending XXX. | 7820-5942 | 2/11/2022 |
| 3/3/2022 | 1181540443 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | 2/11/2022 Client approved exception provided. Client approved exception to allow a Non-Arms length transaction that was For Sale by Owner with a purchase price of $XXX and an appraisal value of $XXX; Loan amount of $XXX with an LTV of 90% based on purchase price with no additional documentation from buyer or seller required./////Compensating Factors:FICO of 713 vs min of 700Borrower has $XXX in excess reserves Missing documentation to address the disparity between the appraised value of $XXX and the purchase price of $XXX and if there is a Non-Arms length relationship between buyer and seller or a "seller second lien". Transaction is a "For Sale By Owner" and the seller is also the landlord for 10 years. Subject to review. /// UPDATED 2/10/2022: Guidelines state FNMA compliance related to periodic releases not incorporated into guidelines. The guidelines do not address Non-Arm's Length FSBO transactions. Subject transaction was not an open market sale where the price would represent the normal consideration for the property sold unaffected by special or creative financing or sales concessions granted by anyone associated with the sale. Appraisal report further states the contract amount of the property does not reflect a typical market transaction; Specific seller motivation can be obtained from the seller. Unable to determine seller carryback financing, if any. | 7820-5930 | 2/11/2022 |
| 3/3/2022 | 1181540443 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Loan exceeds max LTV of 80.00% due to borrower fico score of 734 which does not allow for 90% LTV. Sales price of $XXX and loan amount $XXX.Exception in file for 90% LTV. Compensating factors:Low DTI6 months reservesHigh discretionary income | 7820-5896 | 2/1/2022 |
| 3/3/2022 | 1181540443 | XXX | XXX | XXX | XXX | Credit - Credit | Lender to provide payment histories for the subject loan thru current month. First payment date was XXX. | 7820-5941 | 2/17/2022 |
| 3/3/2022 | 9889447192 | XXX | XXX | XXX | XXX | Compliance - Regulatory Compliance | The loan contains errors within one or more TRID disclosure. Missing proof Non-Borrowing Spouse received a Closing Disclosure at least 3 days prior to Consummation. | 7802-343 | 1/19/2022 |
| 3/3/2022 | 4556822906 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing current rate lock agreement. The lock agreement in file was originated on XXX after the XXX note date. | 7802-364 | 1/27/2022 |
| 3/3/2022 | 4556822906 | XXX | XXX | XXX | XXX | Credit - General Underwriting Guideline Violation | Missing documentation showing terms and monthly payment amount for the XXX #XXX mortgage against the XXX property. | 7802-366 | 2/1/2022 |
| Report Date | Description of Clearance | Comments | Compensating Factors | Exception Status | Exception Category | Exception Event Level | Initial Review Date | Occupancy Type | Property State | Note Date |
| 3/3/2022 | Waived/Exception Granted | Compensating Factors: 1. 669 FICO Score. 9 points above program minimum credit score of 660 2. 30.84% DTI. 19.16% below program maximum DTI of 50% 3. Primary borrower have been employed with the same employer for the past 10 years | Waived | Compliance | EG2 | 11/5/2021 | Primary Residence | CA | XXX | |
| 3/3/2022 | Waived/Exception Granted | Compensating Factors: 1. 669 FICO Score. 9 points above program minimum credit score of 660 2. 30.84% DTI. 19.16% below program maximum DTI of 50% 3. Primary borrower have been employed with the same employer for the past 10 years | Waived | Credit | EG2 | 11/5/2021 | Primary Residence | CA | XXX | |
| 3/3/2022 | Compliance conditions cured by satisfactory remediation docs/re-disclosures | 12/15/2021 Received PC CD reflecting accurate ETIA on page 1 and Non-Escrows on page 4. | Compensating Factors: 1. 669 FICO Score. 9 points above program minimum credit score of 660 2. 30.84% DTI. 19.16% below program maximum DTI of 50% 3. Primary borrower have been employed with the same employer for the past 10 years | Cured | Compliance | EG2 | 11/5/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 12/16/2021 - Received VOE dated XXX for the co-borrower. Condition cleared. | Compensating Factors: 1. 669 FICO Score. 9 points above program minimum credit score of 660 2. 30.84% DTI. 19.16% below program maximum DTI of 50% 3. Primary borrower have been employed with the same employer for the past 10 years | Cured | Credit | EG1 | 11/5/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 12/21/2021 - Received updated signed final 1003 with the co-borrower's initials removing self-employed box on page 2 of 1003. Condition cleared. 12/16/2021 - Received VOE. Still missing signed LOE from the co-borrower regarding her self-employment with XXX. Unable to clear. |
Compensating Factors: 1. 669 FICO Score. 9 points above program minimum credit score of 660 2. 30.84% DTI. 19.16% below program maximum DTI of 50% 3. Primary borrower have been employed with the same employer for the past 10 years | Cured | Credit | EG1 | 11/5/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 12/21/2021 - Received co-borrower's license. Condition cleared. 12/16/2021 - Received Duplicate info. on borrower. Still missing the co-borrower's Real Estate License. Unable to clear. |
Compensating Factors: 1. 669 FICO Score. 9 points above program minimum credit score of 660 2. 30.84% DTI. 19.16% below program maximum DTI of 50% 3. Primary borrower have been employed with the same employer for the past 10 years | Cured | Credit | EG1 | 11/5/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | 12/20/2021 - Lender elected to waive condition. Condition waived. | Compensating Factors: 1. Mortgage history is 0x30 for 12 months 2. 26 months reserves; 20 months greater than 6 month reserves requirement 3.13 years in home | Waived | Credit | EG2 | 10/26/2021 | Second Home | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | Client elects to waive guideline requirement with compensating factors. | Compensating Factors: 1. Mortgage history is 0x30 for 12 months 2. 26 months reserves; 20 months greater than 6 month reserves requirement 3.13 years in home | Waived | Credit | EG2 | 10/26/2021 | Second Home | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | Client elects to waive guideline requirement with compensating factors. | Compensating Factors: 1. Mortgage history is 0x30 for 12 months 2. 26 months reserves; 20 months greater than 6 month reserves requirement 3.13 years in home | Waived | Credit | EG2 | 10/26/2021 | Second Home | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | 12/16/2021 - Lender elected to waive condition. Condition waived. | Compensating Factors: 1. Mortgage history is 0x30 for 12 months 2. 26 months reserves; 20 months greater than 6 month reserves requirement 3.13 years in home | Waived | Credit | EG2 | 10/26/2021 | Second Home | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Compensating Factors: 1. Mortgage history is 0x30 for 12 months 2. 26 months reserves; 20 months greater than 6 month reserves requirement 3.13 years in home | Cured | Credit | EG1 | 10/26/2021 | Second Home | CA | XXX | |
| 3/3/2022 | Waived/Exception Granted | 12/27/2021 (2nd update) - Duplicate documentation received. 12/28/2021 - Lender elected to waive condition. Received lender's exception approval to waive written VOE for Aason Alms at Meridian Rapid Defense Group. Guidelines for Income documenation for Salaried employees stated that W-2s from the most recent two- year should be requested. Condition received is insufficient to clear.l 12/27/2021 - Received duplicate income documentation and lender's income documentation guidelines require current 30 days paystubls along with income verification of most recent two years. Still missing co-borrower's written VOE from the current employer in the past two years. Condition received is insufficient to clear. 12/21/2021 - Received duplicate email Re: verbal VOE for the co-borrower. Co-borrower is a W-2 employee and still missing written VOE for the co-borrower showing breakdown of income in the past 2 years. Condition received is insufficient to clear. 12/20/2021 - Received duplic |
Compensating Factors: 1. Mortgage history is 0x30 for 12 months 2. 26 months reserves; 20 months greater than 6 month reserves requirement 3.13 years in home | Waived | Credit | EG2 | 10/26/2021 | Second Home | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | 12/16/2021 - Received Lender Exception Approval. Condition waived. 11/09/2021: Received LOE for child support. Missing updated income worksheet. Income worksheet provided doesn't match income reflected on the 1008. |
Compensating Factors: 1. Mortgage history is 0x30 for 12 months 2. 26 months reserves; 20 months greater than 6 month reserves requirement 3.13 years in home | Waived | Credit | EG2 | 10/26/2021 | Second Home | CA | XXX |
| 3/3/2022 | Compliance conditions cured by satisfactory remediation docs/re-disclosures | 12/16/2021 Received PC CD dated XXX reflecting complete ETIA on page 1 and Non-Escrows on page 4. Cleared under TILA Date of Discovery. | Compensating Factors: 1. Mortgage history is 0x30 for 12 months 2. 26 months reserves; 20 months greater than 6 month reserves requirement 3.13 years in home | Cured | Compliance | EG2 | 10/26/2021 | Second Home | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 12/16/2021 - Received signed POA with legal description. Condition cleared. | Compensating Factors: 1. Mortgage history is 0x30 for 12 months 2. 26 months reserves; 20 months greater than 6 month reserves requirement 3.13 years in home | Cured | Credit | EG1 | 10/26/2021 | Second Home | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | Compensating Factors: 1. Mortgage history is 0x30 for 12 months 2. 26 months reserves; 20 months greater than 6 month reserves requirement 3.13 years in home | Waived | Compliance | EG2 | 10/26/2021 | Second Home | CA | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Compensating Factors: 1. Mortgage history is 0x30 for 12 months 2. 26 months reserves; 20 months greater than 6 month reserves requirement 3.13 years in home | Cured | Credit | EG1 | 10/26/2021 | Second Home | CA | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Compensating Factors: 1. Mortgage history is 0x30 for 12 months 2. 26 months reserves; 20 months greater than 6 month reserves requirement 3.13 years in home | Cured | Credit | EG1 | 10/26/2021 | Second Home | CA | XXX | |
| 3/3/2022 | Waived/Exception Granted | 12/17/2021 - Lender elected to waive condition. Condition waived. | Compensating Factor: 787 credit score; 27 points above program minimum credit score of 760 | Waived | Credit | EG2 | 10/6/2021 | Investment Property | AZ | XXX |
| 3/3/2022 | Waived/Exception Granted | 12/17/2021 - Lender elected to waive condition. Received lender's exception approval to allow gift funds on Investment property and from non-relative vs guidelines not allowing gift funds on Investment and not allowing gift from Unacceptable donors. Condition waived. | Compensating Factor: 787 credit score; 27 points above program minimum credit score of 760 | Waived | Credit | EG2 | 10/6/2021 | Investment Property | AZ | XXX |
| 3/3/2022 | Waived/Exception Granted | Compensating Factor: 787 credit score; 27 points above program minimum credit score of 760 | Waived | Credit | EG2 | 10/6/2021 | Investment Property | AZ | XXX | |
| 3/3/2022 | Waived/Exception Granted | Compensating Factor: 787 credit score; 27 points above program minimum credit score of 760 | Waived | Credit | EG2 | 10/6/2021 | Investment Property | AZ | XXX | |
| 3/3/2022 | Waived/Exception Granted | 12/21/2021 - Lender elected to waive condition. Condition waived. 12/20/2021 - Rec'd duplicate documentation. Still missing signed letter of explanation from the borrower regarding the discrepancy. Condition is insufficient to clear. 12/17/2021 - Received duplicate LOE, which did Not addressed the discrepancy as to why the borrower and the non-borrowing applicants signed the Occupany Affidavit certified that the Subject property is an Investment property and they won't occupy the Subject property. However, there are evidence in the file showing that the non-borrowing applicants occupy the property. Still missing signed letter of explanation from the borrower addressing the discrepancy and evidence that lender has resolved the discrepancy. Unable to clear condition. 11/18/2021 - Received signed letter from the borrowers stating that the borrower was added to help the parties on the purchase agreement. Missing lender's exception approval to allow the owners to occupy the Subj |
Compensating Factor: 787 credit score; 27 points above program minimum credit score of 760 | Waived | Credit | EG2 | 10/6/2021 | Investment Property | AZ | XXX |
| 3/3/2022 | Waived/Exception Granted | 11/17/2021 - Received lender's exception approval allowed: To use HOI for rental property with malling address as subject. Condition waived. | Compensating Factor: 787 credit score; 27 points above program minimum credit score of 760 | Waived | Compliance | EG2 | 10/6/2021 | Investment Property | AZ | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Compensating Factor: 787 credit score; 27 points above program minimum credit score of 760 | Cured | Credit | EG1 | 10/6/2021 | Investment Property | AZ | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Compensating Factor: 787 credit score; 27 points above program minimum credit score of 760 | Cured | Credit | EG1 | 10/6/2021 | Investment Property | AZ | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Compensating Factor: 787 credit score; 27 points above program minimum credit score of 760 | Cured | Credit | EG1 | 10/6/2021 | Investment Property | AZ | XXX | |
| 3/3/2022 | Waived/Exception Granted | 11/8/2021: exception approval provided. | Compensating Factors: 1. 748 credit score; 48 points above program minimum credit score of 700 2. Housing history is 0x30 for 12 months 3. No public records 4. 87 months reserves; 81 months greater than 6 month program minimum 5. Borrower has been employed since 11/2015 6. DTI ratio is 34.40%; 15.60% less than max DTI of 50% | Waived | Credit | EG2 | 10/12/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 12/16/2021 - Received estimated RCV $XXX & Replacement Cost Adjustment $XXX. Condition cleared. | Compensating Factors: 1. 748 credit score; 48 points above program minimum credit score of 700 2. Housing history is 0x30 for 12 months 3. No public records 4. 87 months reserves; 81 months greater than 6 month program minimum 5. Borrower has been employed since 11/2015 6. DTI ratio is 34.40%; 15.60% less than max DTI of 50% | Cured | Credit | EG1 | 10/12/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | 12/16/2021 - Client elected to waive condition. Condition waived. | Compensating Factors: 1. 748 credit score; 48 points above program minimum credit score of 700 2. Housing history is 0x30 for 12 months 3. No public records 4. 87 months reserves; 81 months greater than 6 month program minimum 5. Borrower has been employed since 11/2015 6. DTI ratio is 34.40%; 15.60% less than max DTI of 50% | Waived | Credit | EG2 | 10/12/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | Compensating Factors: 1. Borrower has been self-employed since 7/2006 2. DTI ratio of 16.45%; 33.55% less than max DTI of 50% | Waived | Credit | EG2 | 10/19/2021 | Primary Residence | TX | XXX | |
| 3/3/2022 | Waived/Exception Granted | Client elects to waive guideline requirement with compensating factors. |
Compensating Factors: 1. Borrower has been self-employed since 7/2006 2. DTI ratio of 16.45%; 33.55% less than max DTI of 50% | Waived | Credit | EG2 | 10/19/2021 | Primary Residence | TX | XXX |
| 3/3/2022 | Waived/Exception Granted | Compensating Factors: 1. Borrower has been self-employed since 7/2006 2. DTI ratio of 16.45%; 33.55% less than max DTI of 50% | Waived | Compliance | EG2 | 10/19/2021 | Primary Residence | TX | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 12/15/2021 Deed of Trust reflects spouse on page 1 only for acknowledging Homestead Rights. | Compensating Factors: 1. Borrower has been self-employed since 7/2006 2. DTI ratio of 16.45%; 33.55% less than max DTI of 50% | Cured | Compliance | EG1 | 10/19/2021 | Primary Residence | TX | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 12/17/2021 - Received Final Title Policy dated XXX showing the corrected Vested owner's last name as XXX matched the Deed. Condition cleared. | Compensating Factors: 1. No public records 2. 27 months reserves; 15 months greater than 12 month reserves requirement 3. Borrower has been self-employed since 3/2019 4. DTI ratio of 33.80%; 16.20% less than max DTI of 50% | Cured | Credit | EG1 | 10/21/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Compliance conditions cured by satisfactory remediation docs/re-disclosures | 12/16/2021 Received re-opened NORTC with signature line as Individual and as Trustee along with Borrower's email acknowledgement of receipt on XXX. NORTC accurately administered reflecting Midnight of date on XXX. | Compensating Factors: 1. No public records 2. 27 months reserves; 15 months greater than 12 month reserves requirement 3. Borrower has been self-employed since 3/2019 4. DTI ratio of 33.80%; 16.20% less than max DTI of 50% | Cured | Compliance | EG2 | 10/21/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | 11/15/2021 - Received lender's exception approval allowed LTV 65.51% with FICO 677. Condition waived w/ compensation factors. | Compensating Factors: 1. No public records 2. 27 months reserves; 15 months greater than 12 month reserves requirement 3. Borrower has been self-employed since 3/2019 4. DTI ratio of 33.80%; 16.20% less than max DTI of 50% | Waived | Credit | EG2 | 10/21/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | 11/15/2021 - Received lender's exception approval allowed LTV 65.51% with FICO 677. Condition waived w/ compensation factors. | Compensating Factors: 1. No public records 2. 27 months reserves; 15 months greater than 12 month reserves requirement 3. Borrower has been self-employed since 3/2019 4. DTI ratio of 33.80%; 16.20% less than max DTI of 50% | Waived | Credit | EG2 | 10/21/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | Compensating Factors: 1. Rental history is 0x30 for 12 months 2. 40 months reserves; 34 months greater than 6 month program minimum | Waived | Credit | EG2 | 10/21/2021 | Investment Property | CA | XXX | |
| 3/3/2022 | Waived/Exception Granted | Compensating Factors: 1. Rental history is 0x30 for 12 months 2. 40 months reserves; 34 months greater than 6 month program minimum | Waived | Credit | EG2 | 10/21/2021 | Investment Property | CA | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 12/02/2021 - Cleared with guidelines clarification // - // 12/02/2021 - Received seller comment. However, Per XXX guidelines the borrower is required a minimum of four major Active tradelines. The borrower credit report reflected 2 active within the last 12 months. The remaining tradelines are outside the 12 months period | Compensating Factors: 1. Rental history is 0x30 for 12 months 2. 40 months reserves; 34 months greater than 6 month program minimum | Cured | Credit | EG1 | 10/21/2021 | Investment Property | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | Compensating Factors: 1. Rental history is 0x30 for 12 months 2. 40 months reserves; 34 months greater than 6 month program minimum | Waived | Credit | EG2 | 10/21/2021 | Investment Property | CA | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Compensating Factors: 1. 725 credit score; 5 points above program minimum credit score of 720 2. No public records 3. 14 months reserves; 8 months greater than 6 month program minimum 4. DTI ratio of 25.71%; 24.29% less than max DTI of 50% | Cured | Credit | EG1 | 10/20/2021 | Investment Property | FL | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Compensating Factors: 1. 725 credit score; 5 points above program minimum credit score of 720 2. No public records 3. 14 months reserves; 8 months greater than 6 month program minimum 4. DTI ratio of 25.71%; 24.29% less than max DTI of 50% | Cured | Credit | EG1 | 10/20/2021 | Investment Property | FL | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Compensating Factors: 1. 725 credit score; 5 points above program minimum credit score of 720 2. No public records 3. 14 months reserves; 8 months greater than 6 month program minimum 4. DTI ratio of 25.71%; 24.29% less than max DTI of 50% | Cured | Credit | EG1 | 10/20/2021 | Investment Property | FL | XXX | |
| 3/3/2022 | Waived/Exception Granted | Compensating Factors: 1. 725 credit score; 5 points above program minimum credit score of 720 2. No public records 3. 14 months reserves; 8 months greater than 6 month program minimum 4. DTI ratio of 25.71%; 24.29% less than max DTI of 50% | Waived | Credit | EG2 | 10/20/2021 | Investment Property | FL | XXX | |
| 3/3/2022 | Waived/Exception Granted | Compensating Factors: 1. 23.30% DTI. 26.70% below program maximum DTI of 50% 2. No public records 3.13 months total reserves. 7 months above program minimum reserves requirement of 6 months. | Waived | Credit | EG2 | 10/26/2021 | Primary Residence | CA | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 12/15/2021 - Received signed escrow amendment showing credit to Buyer. Condition cleared. | Compensating Factors: 1. 23.30% DTI. 26.70% below program maximum DTI of 50% 2. No public records 3.13 months total reserves. 7 months above program minimum reserves requirement of 6 months. | Cured | Credit | EG1 | 10/26/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 11/09/2021: Received exception for LTV; missing exception for credit score since credit score is below program minimum. | Compensating Factors: 1. 23.30% DTI. 26.70% below program maximum DTI of 50% 2. No public records 3.13 months total reserves. 7 months above program minimum reserves requirement of 6 months. | Cured | Credit | EG1 | 10/26/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Compliance conditions cured by satisfactory remediation docs/re-disclosures | 12/02/2021 Received PC CD reflecting accurate Interest From date. Entered into XXX and received a Pass result for this test. | Compensating Factors: 1. 765 credit score; 5 points above program minimum credit score of 760 2. 72 months reserves; 66 months greater than 6 month program minimum 3. Borrower has been employed since 1/2017 4. DTI ratio is 19.045%; 30.955% less than max DTI of 50% | Cured | Compliance | EG2 | 10/28/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Compensating Factors: 1. 765 credit score; 5 points above program minimum credit score of 760 2. 72 months reserves; 66 months greater than 6 month program minimum 3. Borrower has been employed since 1/2017 4. DTI ratio is 19.045%; 30.955% less than max DTI of 50% | Cured | Credit | EG1 | 10/28/2021 | Primary Residence | CA | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Compensating Factors: 1. 765 credit score; 5 points above program minimum credit score of 760 2. 72 months reserves; 66 months greater than 6 month program minimum 3. Borrower has been employed since 1/2017 4. DTI ratio is 19.045%; 30.955% less than max DTI of 50% | Cured | Credit | EG1 | 10/28/2021 | Primary Residence | CA | XXX | |
| 3/3/2022 | Waived/Exception Granted | 12/16/2021 - Received lender exception approval. Condition waived. 11/12/2021 - Received LOX for lender regarding credit history meet. However, per XXX Underwriting Guidelines section Credit History: Borrowers should exhibit at least four Active major consumer credit and/or mortgage accounts. The borrower's credit report dated XXX showed that the borrower has One major revolving account and one major Authorized user account, which do Not meet program guidelines |
Compensating Factors: 1. 691 credit score; 11 points above program minimum credit score of 680 2. 48 months reserves; 42 months greater than 6 month program minimum reserves 3. Borrower has been self-employed since 5/2018 4. DTI ratio of 21.06%; 28.94% less than max DTI of 50% | Waived | Credit | EG2 | 10/27/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | 12/17/2021 - Lender elected to waive condition. Condition waived. | Compensating Factors: 1. 691 credit score; 11 points above program minimum credit score of 680 2. 48 months reserves; 42 months greater than 6 month program minimum reserves 3. Borrower has been self-employed since 5/2018 4. DTI ratio of 21.06%; 28.94% less than max DTI of 50% | Waived | Credit | EG2 | 10/27/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | 11/12/201 - Received exception approval for Foreclosure Exception Approval: Exception requestfor XXX $XXX foreclosure completed XXX. First lates occured XXX with XXX XXX Mortgage was transferred until foreclosure was completed XXX at XXX. Compensating Factors: 1. Low DTI 2. Low LTV 3. 12 plus months reserves 4. High discretionary income 5. Number of years in home 6. Number of years on job |
Compensating Factors: 1. 691 credit score; 11 points above program minimum credit score of 680 2. 48 months reserves; 42 months greater than 6 month program minimum reserves 3. Borrower has been self-employed since 5/2018 4. DTI ratio of 21.06%; 28.94% less than max DTI of 50% | Waived | Credit | EG2 | 10/27/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Compliance conditions cured by satisfactory remediation docs/re-disclosures | 12/16/2021 Received PC CD dated XXX reflecting accurate NMLS numbers on page 5. Cleared under TILA Date of Discovery. | Compensating Factors: 1. 692 credit score; 12 points above program minimum credit score of 680 2. No public records 3. 99 months reserves; 93 months greater than 6 month program minimum 4. 48.69% DTI. 1.31% below program maximum DTI of 50% | Cured | Compliance | EG2 | 11/1/2021 | Investment Property | CA | XXX |
| 3/3/2022 | Compliance conditions cured by satisfactory remediation docs/re-disclosures | 12/16/2021 Received PC CD dated XXX reflecting accurate Interest From date of XXX. Cleared under TILA Date of Discovery. | Compensating Factors: 1. 692 credit score; 12 points above program minimum credit score of 680 2. No public records 3. 99 months reserves; 93 months greater than 6 month program minimum 4. 48.69% DTI. 1.31% below program maximum DTI of 50% | Cured | Compliance | EG2 | 11/1/2021 | Investment Property | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Sufficient documentation received | Compensating Factors: 1. 692 credit score; 12 points above program minimum credit score of 680 2. No public records 3. 99 months reserves; 93 months greater than 6 month program minimum 4. 48.69% DTI. 1.31% below program maximum DTI of 50% | Cured | Credit | EG1 | 11/1/2021 | Investment Property | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Compensating Factors: 1. 692 credit score; 12 points above program minimum credit score of 680 2. No public records 3. 99 months reserves; 93 months greater than 6 month program minimum 4. 48.69% DTI. 1.31% below program maximum DTI of 50% | Cured | Credit | EG1 | 11/1/2021 | Investment Property | CA | XXX | |
| 3/3/2022 | Waived/Exception Granted | Compensating Factors: 1. 692 credit score; 12 points above program minimum credit score of 680 2. No public records 3. 99 months reserves; 93 months greater than 6 month program minimum 4. 48.69% DTI. 1.31% below program maximum DTI of 50% | Waived | Credit | EG2 | 11/1/2021 | Investment Property | CA | XXX | |
| 3/3/2022 | Waived/Exception Granted | Compensating Factors: 1. 692 credit score; 12 points above program minimum credit score of 680 2. No public records 3. 99 months reserves; 93 months greater than 6 month program minimum 4. 48.69% DTI. 1.31% below program maximum DTI of 50% | Waived | Credit | EG2 | 11/1/2021 | Investment Property | CA | XXX | |
| 3/3/2022 | Waived/Exception Granted | Compensating Factors: 1. 704 credit score; 4 points above program minimum credit score of 700 2. Borrower has been self-employed for 20 years | Waived | Credit | EG2 | 10/29/2021 | Primary Residence | WA | XXX | |
| 3/3/2022 | Waived/Exception Granted | 12/15/2021 - Lender elected to waive condition. Condition waived. | Compensating Factors: 1. 704 credit score; 4 points above program minimum credit score of 700 2. Borrower has been self-employed for 20 years | Waived | Credit | EG2 | 10/29/2021 | Primary Residence | WA | XXX |
| 3/3/2022 | Waived/Exception Granted | 12/15/2021 - Client elected to waive condition. Condition Waived. | Compensating Factors: 1. 704 credit score; 4 points above program minimum credit score of 700 2. Borrower has been self-employed for 20 years | Waived | Credit | EG2 | 10/29/2021 | Primary Residence | WA | XXX |
| 3/3/2022 | Waived/Exception Granted | 12/15/2021 - Client elected to waive cond.. Condition waived. | Compensating Factors: 1. 704 credit score; 4 points above program minimum credit score of 700 2. Borrower has been self-employed for 20 years | Waived | Credit | EG2 | 10/29/2021 | Primary Residence | WA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 12/15/2021 - Received online stmt. ending XXX. Condition cleared. | Compensating Factors: 1. 704 credit score; 4 points above program minimum credit score of 700 2. Borrower has been self-employed for 20 years | Cured | Credit | EG1 | 10/29/2021 | Primary Residence | WA | XXX |
| 3/3/2022 | Compliance conditions cured by satisfactory remediation docs/re-disclosures | 12/15/2021 Received PC CD reflecting accurate NMLS number for Broker Company on page 5. Cleared under TILA Date of Discovery. | Compensating Factors: 1. 704 credit score; 4 points above program minimum credit score of 700 2. Borrower has been self-employed for 20 years | Cured | Compliance | EG2 | 10/29/2021 | Primary Residence | WA | XXX |
| 3/3/2022 | Waived/Exception Granted | 12/16/2021 - Lender elected to waive condition. Received Lender's Exception Approval to allow reserves $XXX short of 6 months reserves vs guidelines of 6 months reserves. Condition waived. 12/15/2021 - Received copy of escrow deposit of $XXX, which was already in the file. Still short of additional assets required for reserves. Condition is insufficient to clear. |
Compensating Factors: 1. 704 credit score; 4 points above program minimum credit score of 700 2. Borrower has been self-employed for 20 years | Waived | Credit | EG2 | 10/29/2021 | Primary Residence | WA | XXX |
| 3/3/2022 | Waived/Exception Granted | 11/12/2021 - Received DTI exception approval for 54.77%. and exception approval to use asset depletion calculation using 103 months Compensating Factors: 1. Low LTV 2. 12 plus month reserves 3. Number of years in home 4. Number of years on job |
Compensating Factors: 1. 788 credit score; 28 points above program minimum credit score of 760 2. 145 months reserves; 139 months greater than 6 month program minimum reserves 3. Low DTI of 31.55% | Waived | Credit | EG2 | 10/20/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Compliance conditions cured by satisfactory remediation docs/re-disclosures | 12/07/2021 Received re-opened Notice of Right to Cancels with email receipt by borrower and properly administered. | Compensating Factors: 1. 788 credit score; 28 points above program minimum credit score of 760 2. 145 months reserves; 139 months greater than 6 month program minimum reserves 3. Low DTI of 31.55% | Cured | Compliance | EG2 | 10/20/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Compliance conditions cured by satisfactory remediation docs/re-disclosures | 12/07/2021 Received PC CD reflecting accurate Interest From date. Entered into XXX and received a Pass result to this test. | Compensating Factors: 1. 788 credit score; 28 points above program minimum credit score of 760 2. 145 months reserves; 139 months greater than 6 month program minimum reserves 3. Low DTI of 31.55% | Cured | Compliance | EG2 | 10/20/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Compensating Factors: 1. 788 credit score; 28 points above program minimum credit score of 760 2. 145 months reserves; 139 months greater than 6 month program minimum reserves 3. Low DTI of 31.55% | Cured | Credit | EG1 | 10/20/2021 | Primary Residence | CA | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Compensating Factors: 1. 788 credit score; 28 points above program minimum credit score of 760 2. 145 months reserves; 139 months greater than 6 month program minimum reserves 3. Low DTI of 31.55% | Cured | Credit | EG1 | 10/20/2021 | Primary Residence | CA | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 12/28/2021 - Received verbal VOE dated XXX within closing; Note dated XXX. Condition cleared. Updated 12/27/2021 // Received post closing VOE, missing VOE within 10 business days prior to the Note Date for borrower, XXX. |
Compensating factors: DTI of 39.16% vs max DTI of 50% Fico score of 745 vs min 620 LTV of 80% vs max LTV of 85% | Cured | Credit | EG1 | 12/15/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | /// UPDATED 1/7/2022 - Received lender's exception approval to waive 2020 P&L and YTD P&L, and Extension application for XXX for 1065 2020 tax year. Still missing signed 2020 1040 and 2020 W-2. Insufficient to clear./// UPDATED 1/5/2022 - Received LOE stating borrower didn't receive W-2 in 2020, updated income worksheet removing co-borrower's income and XXX for XXX. Still missing signed 2020 1040 and 1065/K-1 and signed (wet signature) LOE from the borrower regarding 2020 W-2 from XXX for the borrower. Insufficient to clear. |
Compensating factors: DTI of 39.16% vs max DTI of 50% Fico score of 745 vs min 620 LTV of 80% vs max LTV of 85% | Cured | Credit | EG1 | 12/15/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Compliance conditions cured by satisfactory remediation docs/re-disclosures | 01/18/2022 Received PC CD reflecting Interest From XXX | Compensating factors: DTI of 39.16% vs max DTI of 50% Fico score of 745 vs min 620 LTV of 80% vs max LTV of 85% | Cured | Compliance | EG2 | 12/15/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Compliance conditions cured by satisfactory remediation docs/re-disclosures | 01/18/2022 Received PC CD reflecting accurate Mortgage Broker Company NMLS ID. | Compensating factors: DTI of 39.16% vs max DTI of 50% Fico score of 745 vs min 620 LTV of 80% vs max LTV of 85% | Cured | Compliance | EG2 | 12/15/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Compliance conditions cured by satisfactory remediation docs/re-disclosures | Compensating Factors: 1. 39.93% debt ratio; 10.01% < 50.00% program maximum 2. 15.625% LTV; 54.375% < 70.00% program maximum 3. 8 months reserves; 2 months > 6 month program minimum | Cured | Compliance | EG2 | 12/9/2021 | Primary Residence | CA | XXX | |
| 3/3/2022 | Compliance conditions cured by satisfactory remediation docs/re-disclosures | Compensating Factors: 1. 39.93% debt ratio; 10.01% < 50.00% program maximum 2. 15.625% LTV; 54.375% < 70.00% program maximum 3. 8 months reserves; 2 months > 6 month program minimum | Cured | Compliance | EG2 | 12/9/2021 | Primary Residence | CA | XXX | |
| 3/3/2022 | Compliance conditions cured by satisfactory remediation docs/re-disclosures | 12/16/2021 Received PC CD dated XXX with accurate NMLS numbers for Mortgage Broker on page 5. Considered under TILA Date of Discovery. | Cured | Compliance | EG2 | 11/15/2021 | Second Home | CA | XXX | |
| 3/3/2022 | Compliance conditions cured by satisfactory remediation docs/re-disclosures | 12/16/2021 Received PC CD dated XXX reflecting Interest From XXX. Considered under TILA Date of Discovery. | Cured | Compliance | EG2 | 11/15/2021 | Second Home | CA | XXX | |
| 3/3/2022 | Waived/Exception Granted | Waived | Credit | EG2 | 11/15/2021 | Second Home | CA | XXX | ||
| 3/3/2022 | Waived/Exception Granted | Waived | Compliance | EG2 | 11/15/2021 | Second Home | CA | XXX | ||
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Cured | Credit | EG1 | 11/15/2021 | Second Home | CA | XXX | ||
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Cured | Credit | EG1 | 11/15/2021 | Second Home | CA | XXX | ||
| 3/3/2022 | Waived/Exception Granted | Waived | Credit | EG2 | 11/16/2021 | Primary Residence | NV | XXX | ||
| 3/3/2022 | Waived/Exception Granted | Waived | Credit | EG2 | 11/16/2021 | Primary Residence | NV | XXX | ||
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 12/02/2021 - Received updated 1008 | Cured | Credit | EG1 | 11/16/2021 | Primary Residence | NV | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Compensating Factors: 1. 746 credit score; 46 points above program minimum credit score of 700 2. No public records 3. 29 months reserves; 23 months greater than 6 month program minimum 4. Borrower has been employed since 12/2007 5. DTI ratio is 45.86%; 4.14% less than max DTI of 50% | Cured | Property | EG1 | 11/12/2021 | Primary Residence | CA | XXX | |
| 3/3/2022 | Waived/Exception Granted | 12/20/2021 - Lender elected to waive condition. Condition waived. 12/17/2021 - Received duplicate documentation. Unable to clear. 12/16/2021 - Received duplicate LOE from borrower. Still missing documentation to support that the borrower is living rent free. Unable to clear condition. |
Compensating Factors: 1. 746 credit score; 46 points above program minimum credit score of 700 2. No public records 3. 29 months reserves; 23 months greater than 6 month program minimum 4. Borrower has been employed since 12/2007 5. DTI ratio is 45.86%; 4.14% less than max DTI of 50% | Waived | Credit | EG2 | 11/12/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | 12/15/2021 - Received lender's exception approval. Condition waived with comps. factors. | Compensating Factors: 1. 746 credit score; 46 points above program minimum credit score of 700 2. No public records 3. 29 months reserves; 23 months greater than 6 month program minimum 4. Borrower has been employed since 12/2007 5. DTI ratio is 45.86%; 4.14% less than max DTI of 50% | Waived | Credit | EG2 | 11/12/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | 12/20/2021 - Lender elected to waive May 2021 business bank statement. Received updated income worksheet and lender's exception approval. Condition waived. 12/17/2021 - Received duplicate documentation. Unable to clear. 12/16/2021 - Received bank stmts. for XXX and Duplicate income worksheet using XXX bank stmt.. Still missing bank statement for XXX and updated income worksheet using most recent bank statements. Condition is insufficient to clear. |
Compensating Factors: 1. 746 credit score; 46 points above program minimum credit score of 700 2. No public records 3. 29 months reserves; 23 months greater than 6 month program minimum 4. Borrower has been employed since 12/2007 5. DTI ratio is 45.86%; 4.14% less than max DTI of 50% | Waived | Credit | EG2 | 11/12/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 12/17/2021 Received Seller's CD | Compensating Factors: 1. 746 credit score; 46 points above program minimum credit score of 700 2. No public records 3. 29 months reserves; 23 months greater than 6 month program minimum 4. Borrower has been employed since 12/2007 5. DTI ratio is 45.86%; 4.14% less than max DTI of 50% | Cured | Compliance | EG1 | 11/12/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 12/28/2021 - Received copy of the Trust. Condition cleared. 12/20/2021 - Received updated lender income worksheet, which included assets from XXX. Still missing documentation that borrowers must have 50% ownership of the business. Condition is insufficient to clear. |
Compensating Factors: 1. 758 credit score; 38 points above program minimum credit score of 720 2. Mortgage history is 0x30 for 12 months 3. No public records 4. 1199 months reserves; 1189 months greater than 6 month program minimum reserves, plus 4 months other financed properties 5. Borrower has been self-employed since 6/20006 6. DTI ratio of 18.49%; 31.51% less than max DTI of 50% | Cured | Credit | EG1 | 12/9/2021 | Investment Property | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | 12/13/2021 - Lender elected to waive the condition. | Compensating Factors: 1. 758 credit score; 38 points above program minimum credit score of 720 2. Mortgage history is 0x30 for 12 months 3. No public records 4. 1199 months reserves; 1189 months greater than 6 month program minimum reserves, plus 4 months other financed properties 5. Borrower has been self-employed since 6/20006 6. DTI ratio of 18.49%; 31.51% less than max DTI of 50% | Waived | Credit | EG2 | 12/9/2021 | Investment Property | CA | XXX |
| 3/3/2022 | Property condition cleared | 12/15/2021 - Form 1007 is not required since no rental income was used for qualifying. Condition cleared. | Compensating Factors: 1. 758 credit score; 38 points above program minimum credit score of 720 2. Mortgage history is 0x30 for 12 months 3. No public records 4. 1199 months reserves; 1189 months greater than 6 month program minimum reserves, plus 4 months other financed properties 5. Borrower has been self-employed since 6/20006 6. DTI ratio of 18.49%; 31.51% less than max DTI of 50% | Cured | Property | EG1 | 12/9/2021 | Investment Property | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | 12/17/2021 - Lender elected to waive condition. Condition waived. | Compensating Factors: 1. 758 credit score; 38 points above program minimum credit score of 720 2. Mortgage history is 0x30 for 12 months 3. No public records 4. 1199 months reserves; 1189 months greater than 6 month program minimum reserves, plus 4 months other financed properties 5. Borrower has been self-employed since 6/20006 6. DTI ratio of 18.49%; 31.51% less than max DTI of 50% | Waived | Credit | EG2 | 12/9/2021 | Investment Property | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 12/10/2021 Received Signed and Notarized Grant Deed and confirmed Vesting. | Compensating Factors: 1. 758 credit score; 38 points above program minimum credit score of 720 2. Mortgage history is 0x30 for 12 months 3. No public records 4. 1199 months reserves; 1189 months greater than 6 month program minimum reserves, plus 4 months other financed properties 5. Borrower has been self-employed since 6/20006 6. DTI ratio of 18.49%; 31.51% less than max DTI of 50% | Cured | Compliance | EG1 | 12/9/2021 | Investment Property | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | Compensating Factors: 1. 774 FICO Score. 54 points above program minimum credit score of 720 2. 33.86% DTI. 16.14% below program maximum DTI of 50% 3. 16 months total reserves. 8 months above program minimum reserves requirement of 8 months. 6 months for subject property plus 2 months for investment | Waived | Credit | EG2 | 12/7/2021 | Primary Residence | NC | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 12/10/2021 Received Final Title Policy reflecting the Legal Description matching the Mortgage at 6.0 acres. | Compensating Factors: 1. 774 FICO Score. 54 points above program minimum credit score of 720 2. 33.86% DTI. 16.14% below program maximum DTI of 50% 3. 16 months total reserves. 8 months above program minimum reserves requirement of 8 months. 6 months for subject property plus 2 months for investment | Cured | Compliance | EG1 | 12/7/2021 | Primary Residence | NC | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 1/6/2022 - Received prop. profile showing annual tax. Condition cleared. | Compensating factors: 1. DTI 23.88%; 26.12% < 50.00% program maximum 2. 21 months reserves; 9 months > 12 months program minimum | Cured | Credit | EG1 | 12/30/2021 | Investment Property | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 01/28/2022 Received 1003 dated XXX signed by LO | Compensating factors: 1. DTI 23.88%; 26.12% < 50.00% program maximum 2. 21 months reserves; 9 months > 12 months program minimum | Cured | Credit | EG1 | 12/30/2021 | Investment Property | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | 1/6/2022 - Lender elected to waive condition. Received lender's exception approval to waive with compensating factors. | Compensating factors: 1. DTI 23.88%; 26.12% < 50.00% program maximum 2. 21 months reserves; 9 months > 12 months program minimum | Waived | Credit | EG2 | 12/30/2021 | Investment Property | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | 1/6/2022 - Lender elected to waive condition. Received lender's exception approval to waive VOM for XXX and waive any additional documentation regarding payment history for XXX. Condition waived. | Compensating factors: 1) Fico 747 vs program min of 720 2) Borrower has residual income of $123,280. 3) LTV of 59.900% vs program max of 85% 4) DTI at 28.69% | Waived | Credit | EG2 | 12/30/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 1/6/2022 - Received title supplemental report dated XXX indicated that item No. 12 has been deleted. Condition cleared. | Compensating factors: 1) Fico 747 vs program min of 720 2) Borrower has residual income of $123,280. 3) LTV of 59.900% vs program max of 85% 4) DTI at 28.69% | Cured | Credit | EG1 | 12/30/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Property condition cleared | Per Lender; XXX Summary and Response: The appraiser is required to mention hot water heater If lt appears deficient in which case the report would be subject-to the corrections needed. No further documentation is required by lender on condition referenced above. |
Compensating Factors: 1. Mortgage history is 0x30 for 12 months 2. No public records 3. 181 months reserves; 175 months greater than 6 month reserves requirement 4. DSCR = 1.34; 0.34 points > min. DSCR of 1.00 | Cured | Property | EG1 | 12/27/2021 | Investment Property | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | /// UPDATE 1/13/2022 - Received executed Escrow Amendment Re: Assignment by Buyer. Condition cleared./// | Compensating Factors: 1. Mortgage history is 0x30 for 12 months 2. No public records 3. 181 months reserves; 175 months greater than 6 month reserves requirement 4. DSCR = 1.34; 0.34 points > min. DSCR of 1.00 | Cured | Credit | EG1 | 12/27/2021 | Investment Property | CA | XXX |
| 3/3/2022 | Property condition cleared | /// UPDATE 1/13/2022 - Received updated policy, condition cleared./// | Compensating Factors: 1. Mortgage history is 0x30 for 12 months 2. No public records 3. 181 months reserves; 175 months greater than 6 month reserves requirement 4. DSCR = 1.34; 0.34 points > min. DSCR of 1.00 | Cured | Credit | EG1 | 12/27/2021 | Investment Property | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | /// UPDATE 1/24/2022 - Received Updated signed escrow amendment Re: $XXX Seller's credit to Buyer signed by borrower Ely Feinerman and Sellers. Condition cleared./// /// UPDATE 1/14/2022 - Escrow amendment provided shows the Buyer, XXX, has assigned the Purchase contract to XXX. The Assignor is Not the Borrower of the loan and is Unacceptable. Insufficient to clear./// /// UPDATE 1/13/2022 - Received Escrow Amendment Re: $XXX Credit to Buyer from Seller signed by the Sellers and the Buyer is XXX, whom is Not a Borrower on the loan. Insufficient to clear./// |
Compensating Factors: 1. Mortgage history is 0x30 for 12 months 2. No public records 3. 181 months reserves; 175 months greater than 6 month reserves requirement 4. DSCR = 1.34; 0.34 points > min. DSCR of 1.00 | Cured | Credit | EG1 | 12/27/2021 | Investment Property | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 1/14/2022 - Received complete signed copy. Condition cleared. | Compensating Factors: 1. Mortgage history is 0x30 for 12 months 2. No public records 3. 181 months reserves; 175 months greater than 6 month reserves requirement 4. DSCR = 1.34; 0.34 points > min. DSCR of 1.00 | Cured | Compliance | EG1 | 12/27/2021 | Investment Property | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | /// UPDATE 1/13/2022 - Received updated policy showing the Insured Mailing address at the borrower's current residence, condition cleared./// | Compensating Factors: 1. Mortgage history is 0x30 for 12 months 2. No public records 3. 181 months reserves; 175 months greater than 6 month reserves requirement 4. DSCR = 1.34; 0.34 points > min. DSCR of 1.00 | Cured | Compliance | EG1 | 12/27/2021 | Investment Property | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | /// UPDATE 1/10/2022 - Lender elected to waive condition. Received lender's exception approval to waive BSA Approval for funds to close. Receipt and funds were verified by lender and is marked as acceptable, no additional documentation required vs providing non-objection from the compliance/BSA team per guidelines requirement . Condition waived./// /// UPDATE 1/7/2022 - Received email from a XXX @ XXX. Still missing the non-objection approval from the compliance/BSA team. Insufficient to clear./// |
Compensating Factors: 1. 749 credit score; 29 points above program minimum credit score of 720 2. No public records 3. 22 months reserves; 16 months greater than 6 month program minimum | Waived | Credit | EG2 | 12/30/2021 | Second Home | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | /// UPDATE 1/18/2022 - Lender elected to waive. Received lender's exception approval. Condition waived./// /// UPDATE 1/14/2022 - Received duplicate assets documentation and copy of illegible Buyer Estimated Closing Statement Insufficient to clear./// /// UPDATE - Received lender's exception approval to except the VOD for XXX account ending in XXX, and the exception did Not waive two months bank statements for XXX acct.XXX. Still missing updated lender income worksheet excluding assets from XXX. Insufficient to clear./// /// UPDATE 1/10/2022 - Based on the XXX date format is Dd/Mm/Yyyy, copies of the XXX are in the file for XXX accts. XXX and XXX. Still missing two months consecutive bank statements for XXX acct. ending XXX. Insufficient to clear./// |
Compensating Factors: 1. 749 credit score; 29 points above program minimum credit score of 720 2. No public records 3. 22 months reserves; 16 months greater than 6 month program minimum | Waived | Credit | EG2 | 12/30/2021 | Second Home | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | 1/6/2022 - Received lender's exception approval to allow DTI of 50.35% exceeding max DTI of 50%. Max DTI allowed to 55% with exception. Condition waived. | Compensating Factors: 1. 749 credit score; 29 points above program minimum credit score of 720 2. No public records 3. 22 months reserves; 16 months greater than 6 month program minimum | Waived | Credit | EG2 | 12/30/2021 | Second Home | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 01/05/2022 Received copy of Deed of Trust inclusive of Legal Description and all Riders. | Compensating Factors: 1. 749 credit score; 29 points above program minimum credit score of 720 2. No public records 3. 22 months reserves; 16 months greater than 6 month program minimum | Cured | Credit | EG1 | 12/30/2021 | Second Home | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 01/05/2022 Received Final Combined Closing Statement. | Compensating Factors: 1. 749 credit score; 29 points above program minimum credit score of 720 2. No public records 3. 22 months reserves; 16 months greater than 6 month program minimum | Cured | Compliance | EG1 | 12/30/2021 | Second Home | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 01/05/2022 Received copy of Note signed by both borrowers. | Compensating Factors: 1. 749 credit score; 29 points above program minimum credit score of 720 2. No public records 3. 22 months reserves; 16 months greater than 6 month program minimum | Cured | Compliance | EG1 | 12/30/2021 | Second Home | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 1/6/2022 - not required per guidelines provided. | Compensating Factors: 1. 749 credit score; 29 points above program minimum credit score of 720 2. No public records 3. 22 months reserves; 16 months greater than 6 month program minimum | Cured | Credit | EG1 | 12/30/2021 | Second Home | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 1/6/2022 - not required per guidelines provided. | Compensating Factors: 1. 749 credit score; 29 points above program minimum credit score of 720 2. No public records 3. 22 months reserves; 16 months greater than 6 month program minimum | Cured | Credit | EG1 | 12/30/2021 | Second Home | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | Compensating Factors: 1. 749 credit score; 29 points above program minimum credit score of 720 2. No public records 3. 22 months reserves; 16 months greater than 6 month program minimum | Waived | Compliance | EG2 | 12/30/2021 | Second Home | CA | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | /// UPDATE 1/14/2022 - Documentation provided supported borrowers are US Citizens. Condition cleared./// /// UPDATE 1/13/2022 - Per lender's correspondence, the borrowers have lived and worked outside the US for 25 years, and they have Dual Citizenship, which is permitted recently since XXX. Missing documentation to support that XXX accepts Dual Citizenship or Updated signed Final 1003 showing borrowers are Foreign Nationals. Condition received is insufficient to clear./// /// UPDATE 1/10/2022 - Received copies of borrowers USA passports. The borrowers also provided copies of XXX passports in the file and identification cards indicated that the borrowers live in XXX. XXX do Not allow Dual Citizenship. The borrowers do Not live and work in the USA, and are considered Foreign Nationals. Missing updated Final 1003 showing the borrowers are Foreign Nationals. Insufficient to clear./// |
Compensating Factors: 1. 749 credit score; 29 points above program minimum credit score of 720 2. No public records 3. 22 months reserves; 16 months greater than 6 month program minimum | Cured | Credit | EG1 | 12/30/2021 | Second Home | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | 12/17/2021 - Lender elected to waive condition. Condition waived. 12/15/2021 - Lender's memo received is referenced to another condition. Unable to clear condition. |
Compensating Factors: 1. 697 credit score; 14 points above program minimum credit score of 680 2. Mortgage history is 0x30 for 12 months 3. No public records 4. 50 months reserves; 44 months greater than 6 month program minimum 5. Borrower has been self-employed since 3/2016 6. DTI ratio of 17.10%; 32.90% less than max DTI of 50% | Waived | Credit | EG2 | 9/21/2021 | Investment Property | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | Compensating Factors: 1. 697 credit score; 14 points above program minimum credit score of 680 2. Mortgage history is 0x30 for 12 months 3. No public records 4. 50 months reserves; 44 months greater than 6 month program minimum 5. Borrower has been self-employed since 3/2016 6. DTI ratio of 17.10%; 32.90% less than max DTI of 50% | Waived | Credit | EG2 | 9/21/2021 | Investment Property | CA | XXX | |
| 3/3/2022 | Waived/Exception Granted | Compensating Factors: 1. 697 credit score; 14 points above program minimum credit score of 680 2. Mortgage history is 0x30 for 12 months 3. No public records 4. 50 months reserves; 44 months greater than 6 month program minimum 5. Borrower has been self-employed since 3/2016 6. DTI ratio of 17.10%; 32.90% less than max DTI of 50% | Waived | Credit | EG2 | 9/21/2021 | Investment Property | CA | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | /// UPDATE 2/2/2022 - Received executed correction Deed of Trust recorded on XXX. The Subject Street name on the 1-4 Family Rider and Prepayment Rider do Not match the Subject Street name on the Deed of Trust. Also, missing updated 1008 and lender loan approval showing the Subject property matching the Subject address on the Deed of Trust & all Riders. Insufficient to clear./// 1/14/2022 - Received copy of the Correction Deed of Trust recorded on XXX with the Notary Acknowledgement signed and dated by the Notary on XXX, which was dated prior to Security Instrument dated XXX. Furthermore, the Street name was corrected on the Deed of Trust, but Not on the Riders. The Street name on the 1-4 Family Rider and Prepayment Rider did Not match the Street name on the corrected Deed of Trust. The correction Deed of Trust was improperly executed. Insufficient to clear. 12/16/2021 - Received lender's comment that APN matches all documents. Still missing corrected |
Compensating Factors: 1. 697 credit score; 14 points above program minimum credit score of 680 2. Mortgage history is 0x30 for 12 months 3. No public records 4. 50 months reserves; 44 months greater than 6 month program minimum 5. Borrower has been self-employed since 3/2016 6. DTI ratio of 17.10%; 32.90% less than max DTI of 50% | Cured | Credit | EG1 | 9/21/2021 | Investment Property | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 12/16/2021 - Received lender updated income worksheet removing unexplained large deposit. Condition cleared. 11/22/2021 Received dupicate comments and response to the issue of the large depsit. Unable to clear without a letter of explanation for the large deposits XXX - Received seller comment. However, the SFR Underwriting Guidelines (pg 13) reflects large deposit that exceeds 50% of the total monthly qualifying income must be explained // - // 10/7/2021 The documentation provided by the lender indicating an explanation is not needed for large deposits for business bank statement conflicts with the lender UW guidelines. The lender guidelines require that any large deposit exceeding 50% of the total monthly qualifying income for the loan must be explained. As the business bank statements are used to qualfy an explanation is required. |
Compensating Factors: 1. 697 credit score; 14 points above program minimum credit score of 680 2. Mortgage history is 0x30 for 12 months 3. No public records 4. 50 months reserves; 44 months greater than 6 month program minimum 5. Borrower has been self-employed since 3/2016 6. DTI ratio of 17.10%; 32.90% less than max DTI of 50% | Cured | Credit | EG1 | 9/21/2021 | Investment Property | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 10/21/2021 - Received seller comment. Per SFR Underwriting Guidelines (pg 13) required large deposits which are defined as a single deposit that exceeds 50% of the total monthly qualifying income must be explained | Compensating Factors: 1. 771 credit score; 51 points above program minimum credit score of 720 2. Housing history is 0x30 for the past 12 months 3. 35 months reserves; 29 months greater than program minimum 6 months reserves 4. Borrower has been employed since 4/09/20018 5. DTI ratio is 25.51%; 24.49% less than program maximum DTI of 50% | Cured | Credit | EG1 | 9/9/2021 | Primary Residence | FL | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 02/17/2022 Received 2 new Sigature Affidavit and AKA Statements reflecting AKA's as vested on Trustee's Deed. | Compensating Factors: 1. 771 credit score; 51 points above program minimum credit score of 720 2. Housing history is 0x30 for the past 12 months 3. 35 months reserves; 29 months greater than program minimum 6 months reserves 4. Borrower has been employed since 4/09/20018 5. DTI ratio is 25.51%; 24.49% less than program maximum DTI of 50% | Cured | Compliance | EG1 | 9/9/2021 | Primary Residence | FL | XXX |
| 3/3/2022 | Waived/Exception Granted | Compensating Factors: 1. 771 credit score; 51 points above program minimum credit score of 720 2. Housing history is 0x30 for the past 12 months 3. 35 months reserves; 29 months greater than program minimum 6 months reserves 4. Borrower has been employed since 4/09/20018 5. DTI ratio is 25.51%; 24.49% less than program maximum DTI of 50% | Waived | Credit | EG2 | 9/9/2021 | Primary Residence | FL | XXX | |
| 3/3/2022 | Compliance conditions cured by satisfactory remediation docs/re-disclosures | 02/09/2022 Received re-opened Notice of Right to cancel with email reflecting delivered to borrower XXX with an expiration of XXX which is an accurate administration of the Notice of Right to Cancel. //UPDATE: 02/04/2022 Received new Note, Deed of Trust and 1003, however, STILL MISSING re-opened Notice of Right to Cancel with explanation letter to borrower and proof of delivery. |
COMPENSATING FACTORS: 1. HIGH FICO SCORE OF 739 2. LARGE PITI RESERVES OF 38 MONTHS | Cured | Compliance | EG2 | 9/13/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Compliance conditions cured by satisfactory remediation docs/re-disclosures | 10/22/2021 Received PC CD dated XXX reflecting accurate Mortgage Broker Contact information. | COMPENSATING FACTORS: 1. HIGH FICO SCORE OF 739 2. LARGE PITI RESERVES OF 38 MONTHS | Cured | Compliance | EG2 | 9/13/2021 | Primary Residence | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 2/4 Did not receive any documentation to clear requested condition. Condition marked #XXX is a Final title policy.// 2/10 Received IRS account balance statement and installment agreement with total amount owed. | Compensating Factors: 1. Excellent credit score of 721 for borrower. 41 points above guideline requirement of 680. 2. 21.88% DTI; 28.12% DTI is 28.12% lower than 50% guideline max. | Cured | Credit | EG1 | 1/31/2022 | Primary Residence | AZ | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Relaunched with exception | Compensating Factors: 1. 69.80% LTV; 0.20% below 70% program maximum 2. Mortgage history is 0x30 for 12 months 3. No public records 4. 23.51 months reserves; 17.51 months greater than 6 month program minimum | Cured | Credit | EG1 | 1/31/2022 | Primary Residence | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | Client elects to waive guideline requirement with compensating factors. | Compensating Factors: 1. 69.80% LTV; 0.20% below 70% program maximum 2. Mortgage history is 0x30 for 12 months 3. No public records 4. 23.51 months reserves; 17.51 months greater than 6 month program minimum | Waived | Credit | EG2 | 1/31/2022 | Primary Residence | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | Client elects to waive guideline requirement with compensating factors. | Compensating Factors: 1. 69.80% LTV; 0.20% below 70% program maximum 2. Mortgage history is 0x30 for 12 months 3. No public records 4. 23.51 months reserves; 17.51 months greater than 6 month program minimum | Waived | Credit | EG2 | 1/31/2022 | Primary Residence | CA | XXX |
| 3/3/2022 | Compliance conditions cured by satisfactory remediation docs/re-disclosures | 02/16/2022 Received PC CD dated XXX reflecting accurate ETIA on page 1 and Non-Escrows on page 4. | Compensating Factors: 1. 69.80% LTV; 0.20% below 70% program maximum 2. Mortgage history is 0x30 for 12 months 3. No public records 4. 23.51 months reserves; 17.51 months greater than 6 month program minimum | Cured | Compliance | EG2 | 1/31/2022 | Primary Residence | CA | XXX |
| 3/3/2022 | Compliance conditions cured by satisfactory remediation docs/re-disclosures | 02/18/2022 Received new Signature Affidvait and AKA Statement reflecting both AKA's of "XXX" and "XXX". //UPDATE: 02/04/2022 Received a copy of the Grant Deed to the Seller in this transaction, however, that does not affect this condition. The issue is the Mortgage reflects the primary borrower as "XXX" and the Warranty Deed to these borrowers/buyers reflects the primary borrower as "XXX". The Signature Affidavit /AKA Statement does not reflect the borrower is known as "XXX" nor known as "XXX". Mortgage and AKA reflect only "XXX" and never just "XXX". |
Compensating Factors: 1. 796 credit score; 36 points above program minimum credit score of 760 2. 70% LTV; 5% below 75% program maximum 3. Mortgage history is 0x30 for 12 months 4. No public records 5. 25.50 months reserves; 19.50 months greater than 6 month program minimum 6. Borrower has been self-employed for the last 3 years 7. DTI ratio of 16.777%; 33.223% less than 50% program maximum | Cured | Compliance | EG2 | 1/31/2022 | Investment Property | FL | XXX |
| 3/3/2022 | Property condition cleared | Per Lender:"We do not require anything further on condition referenced above because the appraisal was completed as-is". |
Compensating Factors: 1. 796 credit score; 36 points above program minimum credit score of 760 2. 70% LTV; 5% below 75% program maximum 3. Mortgage history is 0x30 for 12 months 4. No public records 5. 25.50 months reserves; 19.50 months greater than 6 month program minimum 6. Borrower has been self-employed for the last 3 years 7. DTI ratio of 16.777%; 33.223% less than 50% program maximum | Cured | Property | EG1 | 1/31/2022 | Investment Property | FL | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 02/16/2022 Received PC CD dated XXX reflecting accurate Interest From Date and Prepaid Interest amount. Entered into CE and received a Pass result for Right to Cancel timing. | Compensating factors: 1. DTI 45.75%;4.25% < 50.00% program maximum 2. 14 months reserves; 8 months > 6 months program minimum 3. LTV 75%; 5% < 80% program maximum | Cured | Compliance | EG1 | 2/1/2022 | Primary Residence | IL | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Compensating factors: 1. DTI 45.75%;4.25% < 50.00% program maximum 2. 14 months reserves; 8 months > 6 months program minimum 3. LTV 75%; 5% < 80% program maximum | Cured | Credit | EG1 | 2/1/2022 | Primary Residence | IL | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Compensating Factors: 1) LTV/CLTV 54.049, 25% <80% guidelines requirement 2) Reserves $XXX greater than $XXX minimum requirment per guidelines 3) Consolidating first and second into one payment and gettign cashout that exceeds loan costs and fees | Cured | Credit | EG1 | 2/1/2022 | Primary Residence | CA | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Compensating Factors: 1) LTV/CLTV 54.049, 25% <80% guidelines requirement 2) Reserves $XXX greater than $XXX minimum requirment per guidelines 3) Consolidating first and second into one payment and gettign cashout that exceeds loan costs and fees | Cured | Credit | EG1 | 2/1/2022 | Primary Residence | CA | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Compensating Factors: 1) LTV/CLTV 54.049, 25% <80% guidelines requirement 2) Reserves $XXX greater than $XXX minimum requirment per guidelines 3) Consolidating first and second into one payment and gettign cashout that exceeds loan costs and fees | Cured | Credit | EG1 | 2/1/2022 | Primary Residence | CA | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Compensating Factors: 1) LTV/CLTV 54.049, 25% <80% guidelines requirement 2) Reserves $XXX greater than $XXX minimum requirment per guidelines 3) Consolidating first and second into one payment and gettign cashout that exceeds loan costs and fees | Cured | Credit | EG1 | 2/1/2022 | Primary Residence | CA | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Compensating Factors: 1) LTV/CLTV 54.049, 25% <80% guidelines requirement 2) Reserves $XXX greater than $XXX minimum requirment per guidelines 3) Consolidating first and second into one payment and gettign cashout that exceeds loan costs and fees | Cured | Credit | EG1 | 2/1/2022 | Primary Residence | CA | XXX | |
| 3/3/2022 | Waived/Exception Granted | /02/11/2022 Exception provided to waive guideline for employment history. Compensating factors: LTV/CLTV 54.05% max 80% Reserves $XXX greater than 12 mos requirement 21 years in home |
Compensating Factors: 1) LTV/CLTV 54.049, 25% <80% guidelines requirement 2) Reserves $XXX greater than $XXX minimum requirment per guidelines 3) Consolidating first and second into one payment and gettign cashout that exceeds loan costs and fees | Waived | Credit | EG2 | 2/1/2022 | Primary Residence | CA | XXX |
| 3/3/2022 | Compliance conditions cured by satisfactory remediation docs/re-disclosures | 02/16/2022 Received a PC CD reflecting accurate Interest From date. Entered into XXX and received a Pass result for this test. //UPDATE: 02/15/2022 Received the Right to Cancel and a Settlement Statement attached to this condition, however, Unable to accurately perform TRID Testing without a Post Consummation Closing Disclosure reflecting the accurate Interest From Date and Interest Amount Charged. Condition remains as is. |
Compensating Factors: 1) LTV/CLTV 54.049, 25% <80% guidelines requirement 2) Reserves $XXX greater than $XXX minimum requirment per guidelines 3) Consolidating first and second into one payment and gettign cashout that exceeds loan costs and fees | Cured | Compliance | EG2 | 2/1/2022 | Primary Residence | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | EXCEPTION APPROVAL PROVIDED WITH COMPENSATING FACTORS | COMPENSATING FACTORS: 1. GOOD FICO SCORE OF 760 2. LARGE PITI RESERVES OF 46 MONTHS WHICH IS ABOVE THE 6 MONTHS REQUIRED. 3. OVER 7 YEARS IN THE SAME BUSINESS. | Waived | Credit | EG2 | 1/31/2022 | Primary Residence | TX | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | COMPENSATING FACTORS: 1. GOOD FICO SCORE OF 760 2. LARGE PITI RESERVES OF 46 MONTHS WHICH IS ABOVE THE 6 MONTHS REQUIRED. 3. OVER 7 YEARS IN THE SAME BUSINESS. | Cured | Credit | EG1 | 1/31/2022 | Primary Residence | TX | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 02/17/2022 Received same Grant Deed and the Parcel ID matches that of the DOT and Prelim. The Undivided Interest is in percentage instead of units. //UPDATE: 02/16/2022 Received copy of Deed of Trust inclusive of Legal Description matching Preliminary Title Report, however, STILL MISSING Grant Deed reflecting Legal Description matching Preliminary Title Report to ensure accurate conveyance of property. |
Compensating Factors: 1. High credit score 774 for borrower | Cured | Credit | EG1 | 2/1/2022 | Primary Residence | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 2/16 Received verification from insurance company. Coverage is for both exterior and interior. | Compensating Factors: 1. High credit score 774 for borrower | Cured | Credit | EG1 | 2/1/2022 | Primary Residence | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 2/16 Received 12 months verification of rent with breakdown of utilities paid. | Compensating Factors: 1. High credit score 774 for borrower | Cured | Credit | EG1 | 2/1/2022 | Primary Residence | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | Client elects to waive guideline requirement with compensating factors. | Compensating Factors: 1. 765 credit score; 5 points above program minimum credit score of 760 2. No public records 3. 30.53 months reserves; 24.53 months greater than 6 month program minimum 4. Borrower has been self-employed for the last 10 years 5. DTI ratio of 48.161%; 1.839% less than 50% program maximum | Waived | Credit | EG2 | 2/1/2022 | Primary Residence | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 02/04/2022 Received Grant Deed and confirmed Vesting. | Compensating Factors: 1. 765 credit score; 5 points above program minimum credit score of 760 2. No public records 3. 30.53 months reserves; 24.53 months greater than 6 month program minimum 4. Borrower has been self-employed for the last 10 years 5. DTI ratio of 48.161%; 1.839% less than 50% program maximum | Cured | Compliance | EG1 | 2/1/2022 | Primary Residence | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Relaunched with exception | Compensating Factors: 1. 765 credit score; 5 points above program minimum credit score of 760 2. No public records 3. 30.53 months reserves; 24.53 months greater than 6 month program minimum 4. Borrower has been self-employed for the last 10 years 5. DTI ratio of 48.161%; 1.839% less than 50% program maximum | Cured | Credit | EG1 | 2/1/2022 | Primary Residence | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Compensating factors: 1. DTI 42.91%; 7.09% < 50.00% program maximum 2. 65 months reserves; 53 months > 12 months program minimum 3. 0x30 mortgage history since inception 9/2019 4. FICO 749;29>720 minimum 5. Job stability | Cured | Credit | EG1 | 1/31/2022 | Primary Residence | CA | XXX | |
| 3/3/2022 | Compliance conditions cured by satisfactory remediation docs/re-disclosures | 02/22/2022 Received re-opened Notice of Right to Cancels with signature lines as Individual and as Trustee for both borrrowers along with an email confirmation borrower received on XXX which reflects accurate administration of NORTC. | Compensating factors: 1. DTI 42.91%; 7.09% < 50.00% program maximum 2. 65 months reserves; 53 months > 12 months program minimum 3. 0x30 mortgage history since inception 9/2019 4. FICO 749;29>720 minimum 5. Job stability | Cured | Compliance | EG2 | 1/31/2022 | Primary Residence | CA | XXX |
| 3/3/2022 | Compliance conditions cured by satisfactory remediation docs/re-disclosures | 02/22/2022 Received PC CD reflecting accurate Interest From date. Entered into XXX and received a Pass result for this test. | Compensating factors: 1. DTI 42.91%; 7.09% < 50.00% program maximum 2. 65 months reserves; 53 months > 12 months program minimum 3. 0x30 mortgage history since inception 9/2019 4. FICO 749;29>720 minimum 5. Job stability | Cured | Compliance | EG2 | 1/31/2022 | Primary Residence | CA | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 02/04/2022 Received full copy of Deed of Trust inclusive of Legal Description and all Riders. //UPDATE: 02/03/2022 Received copy of Deed of Trust with Legal Description, however, it is missing the Riders. Need full copy of Deed of Trust inclusive of Legal Description and Riders. |
Compensating factors: 1. DTI 42.91%; 7.09% < 50.00% program maximum 2. 65 months reserves; 53 months > 12 months program minimum 3. 0x30 mortgage history since inception 9/2019 4. FICO 749;29>720 minimum 5. Job stability | Cured | Credit | EG1 | 1/31/2022 | Primary Residence | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | Exception approval granted with compensating factors. | Compensating factors: 1. DTI 42.91%; 7.09% < 50.00% program maximum 2. 65 months reserves; 53 months > 12 months program minimum 3. 0x30 mortgage history since inception 9/2019 4. FICO 749;29>720 minimum 5. Job stability | Waived | Credit | EG2 | 1/31/2022 | Primary Residence | CA | XXX |
| 3/3/2022 | Waived/Exception Granted | Compensating Factors: 1. FICO of 754, 34 points above min FICO of 720 as required in the guidelines. 2. Low DTI, High discretionary income. 3. Excellent payment history on mortgages and major consumer credit. | Waived | Compliance | EG2 | 2/1/2022 | Primary Residence | CA | XXX | |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 02/08/2022 Futher review of Preliminary TItle Report reflects Legal Description matches Grant, Bargain and Sale Deed and Deed of Trust. | Compensating Factors: FICO of 713 vs min of 700 Borrower has $XXX in excess reserves | Cured | Credit | EG1 | 2/7/2022 | Primary Residence | NV | XXX |
| 3/3/2022 | Waived/Exception Granted | Received lender exception to allow the use of the Cash receipts, VOR and cancelled checks to validate rental history | Compensating Factors: FICO of 713 vs min of 700 Borrower has $XXX in excess reserves | Waived | Credit | EG2 | 2/7/2022 | Primary Residence | NV | XXX |
| 3/3/2022 | Waived/Exception Granted | Compensating Factors: FICO of 713 vs min of 700 Borrower has $XXX in excess reserves | Waived | Credit | EG2 | 2/7/2022 | Primary Residence | NV | XXX | |
| 3/3/2022 | Waived/Exception Granted | UPDATED 2/10/2022: Guidelines state FNMA compliance related to periodic releases not incorporated into guidelines. The guidelines do not address Non-Arm's Length FSBO transactions. Subject transaction was not an open market sale where the price would represent the normal consideration for the property sold unaffected by special or creative financing or sales concessions granted by anyone associated with the sale. Appraisal report further states the contract amount of the property does not reflect a typical market transaction; Specific seller motivation can be obtained from the seller. Unable to determine seller carryback financing, if any. | Compensating Factors: FICO of 713 vs min of 700 Borrower has $XXX in excess reserves | Waived | Credit | EG2 | 2/7/2022 | Primary Residence | NV | XXX |
| 3/3/2022 | Waived/Exception Granted | Lender granted exception in file. | Compensating Factors: FICO of 713 vs min of 700 Borrower has $XXX in excess reserves | Waived | Credit | EG2 | 2/7/2022 | Primary Residence | NV | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Documentation to evidence payment for XXX | Compensating Factors: FICO of 713 vs min of 700 Borrower has $XXX in excess reserves | Cured | Credit | EG1 | 2/7/2022 | Primary Residence | NV | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | 01/19/2022 Non-Borrower signed CD XXX and loan did not Disburse until XXX which is sufficient 3 day review. | Compensating Factors: 1. 729 credit score; 9 points above program minimum credit score of 720 2. 60.345% LTV; 19.655% below 80% program maximum 3. Mortgage history is 0x30 for 12 months 4. No public records 5. 79 months reserves; 73 months greater than 6 month program minimum 6. Borrower has been self-employed for the last 9 years 7. DTI ratio of 23.14%; 26.86% less than 50% program maximum | Cured | Compliance | EG1 | 1/18/2022 | Primary Residence | FL | XXX |
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Cured | Credit | EG1 | 1/26/2022 | Primary Residence | FL | XXX | ||
| 3/3/2022 | Credit condition cleared, Compliance condition cleared (does not include compliance cures) | Cured | Credit | EG1 | 1/26/2022 | Primary Residence | FL | XXX |
| Report Date | Loan Purpose | TILA Rating | Loan Initial | Loan Final | Credit Initial | Credit Final | Compliance Initial | Compliance Final | Property Initial | Property Final |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG1 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG1 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG1 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG1 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG1 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG1 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG1 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG1 | EG1 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG1 | EG1 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG1 | EG3 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG1 | EG3 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG1 | EG3 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG1 | EG3 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG1 | EG3 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG3 | EG1 | EG3 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG3 | EG1 | EG3 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG3 | EG1 | EG3 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG3 | EG1 | EG3 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG3 | EG1 | EG3 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG1 | EG1 | EG1 |
| 3/3/2022 | Refinance - rate and term | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Refinance - rate and term | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Refinance - rate and term | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Refinance - rate and term | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Refinance - rate and term | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG1 | EG3 | EG1 | EG3 | EG1 | EG3 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG1 | EG3 | EG1 | EG3 | EG1 | EG3 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG1 | EG3 | EG1 | EG3 | EG1 | EG3 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG1 | EG3 | EG1 | EG3 | EG1 | EG3 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG1 | EG3 | EG1 | EG3 | EG1 | EG3 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG1 | EG3 | EG1 | EG3 | EG1 | EG3 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG1 | EG1 | EG1 |
| 3/3/2022 | Refinance - rate and term | Non-Qualified Mortgage | EG3 | EG2 | EG1 | EG1 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - rate and term | Non-Qualified Mortgage | EG3 | EG2 | EG1 | EG1 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG1 | EG3 | EG1 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG1 | EG1 | EG3 | EG2 | EG3 | EG1 |
| 3/3/2022 | Purchase | Not covered / exempt | EG3 | EG2 | EG1 | EG1 | EG3 | EG2 | EG3 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG1 | EG3 | EG1 | EG3 | EG1 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG1 | EG3 | EG1 | EG3 | EG1 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG1 | EG3 | EG1 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG1 | EG3 | EG1 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG1 | EG3 | EG1 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG2 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG2 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG2 | EG1 | EG1 | EG1 |
| 3/3/2022 | Refinance - rate and term | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - rate and term | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - rate and term | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - rate and term | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Refinance - rate and term | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG2 | EG2 | EG1 | EG1 | EG2 | EG2 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Purchase | Non-Qualified Mortgage | EG3 | EG2 | EG3 | EG2 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Refinance - rate and term | Non-Qualified Mortgage | EG3 | EG1 | EG1 | EG1 | EG3 | EG1 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG1 | EG3 | EG1 | EG1 | EG1 | EG1 | EG1 |
| 3/3/2022 | Refinance - cash out | Non-Qualified Mortgage | EG3 | EG1 | EG3 | EG1 | EG1 | EG1 | EG1 | EG1 |