EXHIBIT 99.5
| Client Name: | ||||||
| Client Project Name: | HOMES 2023-NQM1 | |||||
| Start - End Dates: | 4/26/2022 - 11/9/2022 | |||||
| Deal Loan Count: | 455 | |||||
| Conditions Report 2.0 | ||||||
| Loans in Report: | 455 | |||||
| Loans with Conditions: | 223 | |||||
| 60 - Total Active Conditions | ||||||
| 60 - Non-Material Conditions | ||||||
| 47 - Credit Review Scope | ||||||
| 1 - Category: Application | ||||||
| 2 - Category: Assets | ||||||
| 14 - Category: Credit/Mtg History | ||||||
| 3 - Category: DTI | ||||||
| 2 - Category: Income/Employment | ||||||
| 4 - Category: LTV/CLTV | ||||||
| 21 - Category: Terms/Guidelines | ||||||
| 9 - Property Valuations Review Scope | ||||||
| 3 - Category: FEMA | ||||||
| 6 - Category: Property | ||||||
| 4 - Compliance Review Scope | ||||||
| 1 - Category: Federal Consumer Protection | ||||||
| 2 - Category: RESPA | ||||||
| 1 - Category: State Rate Spread | ||||||
| 337 - Total Satisfied Conditions | ||||||
| 246 - Credit Review Scope | ||||||
| 11 - Category: Application | ||||||
| 27 - Category: Assets | ||||||
| 14 - Category: Credit/Mtg History | ||||||
| 5 - Category: DTI | ||||||
| 60 - Category: Income/Employment | ||||||
| 26 - Category: Insurance | ||||||
| 66 - Category: Legal Documents | ||||||
| 4 - Category: LTV/CLTV | ||||||
| 1 - Category: Potential Misrepresentation | ||||||
| 1 - Category: Re-Verifications | ||||||
| 15 - Category: Terms/Guidelines | ||||||
| 16 - Category: Title | ||||||
| 26 - Property Valuations Review Scope | ||||||
| 10 - Category: Appraisal | ||||||
| 9 - Category: FEMA | ||||||
| 5 - Category: Property | ||||||
| 2 - Category: Value | ||||||
| 65 - Compliance Review Scope | ||||||
| 2 - Category: Ability to Repay/Qualified Mortgage | ||||||
| 1 - Category: APR Tolerance | ||||||
| 3 - Category: Compliance Manual | ||||||
| 9 - Category: Documentation | ||||||
| 2 - Category: RESPA | ||||||
| 4 - Category: Right of Rescission | ||||||
| 2 - Category: Texas Home Equity | ||||||
| 42 - Category: TILA/RESPA Integrated Disclosure | ||||||
| 0 - Total Waived Conditions | ||||||
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| Client Name: | |
| Client Project Name: | HOMES 2023-NQM1 |
| Start - End Dates: | 4/26/2022 - 11/9/2022 |
| Deal Loan Count: | 455 |
| Conditions Report 2.0 | |
| Loans in Report: | 455 |
| Loans with Conditions: | 223 |
| Loan Number | Original Principal Balance | State | Initial Lender ATR/QM Status | Loan Level ATR/QM Status | Initial Securitization Overall Loan Grade | Final Securitization Overall Loan Grade | Initial Securitization Credit Loan Grade | Final Securitization Credit Loan Grade | Initial Securitization Property Valuations Loan Grade | Final Securitization Property Valuations Loan Grade | Initial Securitization Compliance Loan Grade | Final Securitization Compliance Loan Grade | Initial S&P Overall Loan Grade | Final S&P Overall Loan Grade | Initial S&P Credit Loan Grade | Final S&P Credit Loan Grade | Initial S&P Property Valuations Loan Grade | Final S&P Property Valuations Loan Grade | Initial S&P Compliance Loan Grade | Final S&P Compliance Loan Grade | Condition Category | Condition Sub Category | Condition Status | Initial Securitization Condition Grade | Final Securitization Condition Grade | Initial S&P Condition Grade | Final S&P Condition Grade | Condition Code | Condition Description | Condition Material Indicator | Initial Comments | Client/Seller Response Comments | Conclusion Comments | TRID Error Type | Cure Method | Compensating Factors |
| 10204 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 776. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 15 years. CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit report, Borrower has a positive mortgage payment history. | |||||||||||||||
| 10205 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Assets | Satisfied | C | A | C | A | CRDAST3078 | Insufficient # of months cash reserves for PITI per guideline requirements | No | Loan program requires 6 months of PITI in reserves. Total amount of reserves should be $XXX and the borrower has $XXX left after closing. Please provide the additional assets to cover the 6 months of reserves. | 5.2.2022 Client responded -Please attached statements that satisfy the reserve requirements. Please clear exception5.2.2022 Upon further review client sent in bank statement from the XXX for accounts XXX totaling $XXX. Closing cost required $XXX and reserves of $XXX totaling $XXX. Short reserves $XXX. Exception remains5.4.2022-Clients response: May 3rd 2022, 11:58:39 amPlease see attached account statement. Please clear the exception. 5.4.2022-Clayton's response: Upon further review the Savings Account with XXX has been received and has a balance of $XXX which is sufficient for the required reserves. Exception satisfied. | 5.2.2022 Exception remains.5.4.2022-Exception satisfied. | (No Data) | Not Applicable | CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good credit history with no derogatory account. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 755. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 11 years. |
| 10348 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Please provide a letter from the borrowers CPA or accountant that confirms the percentage of the business that the borrower owns. | 5.6.2022 Client responded - Please see CPA letter showing ownership by borrower. Please clear exception. 5.6.2022 Upon further review client sent in Letter from CPA verifying XXX with 40% shareholder in XXX. No further action required. Exception satisfied. | 5.6.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is below guideline requirement CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10348 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC888 | Income Amount is Unsupported by Documentation in File | No | Missing Lenders income worksheet and copy of October XXX #XXX business statement to support income of $XXX with no expense factor | 5.6.2022 Client responded - Please see income worksheet and Oct bank statement for #XXX5.6.2022 Upon further review client sent the XXX statement account XXX dated 10/2021. The lender Income Worksheet is for XXX account XXX. Bank statements in the file used to calculate income is from XXX Account XXX. Still missing the Lender worksheet for account XXX. Exception remains.5.9.2022: Claytons response: Upon further review the income worksheet has been received and the XXX bank statement for October has been received. Exception satisfied. | 5.6.2022 Exception remains5.9.2022: Exception satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is below guideline requirement CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10420 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines | |||||||||||||||
| 10206 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 803. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good credit history with no derogatory account. CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit Report, Borrower has a positive mortgage payment history. | |||||||||||||||
| 10349 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC888 | Income Amount is Unsupported by Documentation in File | No | Please provide a business license or CPA/Accountant letter for the borrowers XXX business. The license in the file is expired. | 5.5.2022 Client responded - Please see the attached updated business license. Please clear the exception. 5.5.2022 Upon further review client sent in Business license for XXX with an expiration date of XXX. No further action is required. Exception satisfied. | 5.5.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 12 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 12 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 75% is below guideline requirement of 80% for this program. |
| 10207 | XXXXXX | AZ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI below guidelines requirements CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines | |||||||||||||||
| 10350 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC2350 | Missing Stated Income | No | Missing Lender's income worksheet to support income used. Please provide the income spreadsheet for the calculated income. | 5.25.2022 Client responded - please see income worksheet for loan. Please clear the exception. 5.25.2022 Client sent the Lender Income worksheet supporting the income for the borrower. Exception satisfied | 5.25.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is below guideline requirement CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS2860: Good credit history - Clayton Comments: Good credit history |
| 10351 | XXXXXX | AZ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Credit/Mtg History | Satisfied | D | A | D | A | CRDCRMH149 | Missing support docs for VOM/VOR (e.g. cancelled checks) | No | Missing copy and or copies of all forbearance agreements since borrower has not been making mortgage payments, provide all repayment plan payments in the amount of $XXX and cancelled checks evidencing withdraw | 5.31.2022-Clients response: May 27th 2022, 1:39:06 pmPlease see the attached forbearance agreements since borrower has not been making mortgage payments, provide all repayment plan payments in the amount of $XXX. Please clear the exception5.31.2022-Clayton's response: The Forbearance Agreement has been received and reviewed. Please provide the cancelled checks for the April and May payments in the amount of $XXX. If received after XXX we will need the June XXX cancelled check as well. Exception remains.6.1.2022-Clients response: May 31st 2022, 3:19:04 pmPlease see the attached bank statements showing the 3 payments made . Please clear the condition. 6.1.2022-Clayton's response: The printout from bank account XXX #XXX shows the payments of $XXX being withdrawn on 5.5.2022 and 5.29.2022. This is sufficient to clear the exception. Exception is satisfied. | 5.31.2022-Exception remains.6.1.2022-Exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10351 | XXXXXX | AZ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Insurance | Satisfied | D | A | D | A | CRDINSR2400 | Missing Flood Certification Document | No | Missing Flood Certificate | 5.31.2022-Clients response:May 27th 2022, 1:45:55 pmPlease see the attached Flood Cert. Please clear the exception. 5.31.2022-Clayton's response:The flood cert has been provided and the subject property is not in a flood zone. Exception satisfied. | 5.31.2022-Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10352 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | A | A | C | B | D | B | D | A | A | A | C | B | Compliance | Texas Home Equity | Satisfied | C | B | C | B | CMPTXHE119 | Texas Equity - Affidavit of Fair Market Value not signed by lender | No | The affidavit is signed by both borrowers. | Client Responded - 5/20/2022 - Please see the attached Affidavit of Fair Market Value signed by the lender. Please clear the condition.Clayton response 5/23/2022 - Exception was for Lender execution. Lender provided doc that was signed by Lender and borrower. Exception Satisfied | Clayton conclusion: Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co borrower has significant time at current job CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10352 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | A | A | C | B | D | B | D | A | A | A | C | B | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC2350 | Missing Stated Income | No | Missing Lender's Income worksheets for both borrowers and CPA letter evidencing XXX, expenses covering 24 months to support income used to qualify. | 5.23.2022-Clients response: May 20th 2022, 4:49:17 pmPlease see the attached lenders income and cpa letter . Please clear the exception.5.23.2022-Clayton's response: A letter from the CPA was received and is sufficient to clear this exception. The income statements were also received and are sufficient to clear the exception. Exception is satisfied. | 5.23.2022-Exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co borrower has significant time at current job CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10208 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3618 | TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing | No | Please provide a copy of the CD dated 05/25/2022 along with an LOX and verification CD was sent to borrower. | Client response: 6/6/2022 - Please see the attached cd dated 05/25/2022 along with an LOX and verification CD was sent to borrower.Clayton response: 6/7/2022 - Client sent CD dated 5/18/2022, E-signed 5/18/2022 and Doc Magic verification. Exception satisfied. | Conclusion: Exception satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI below guideline requirement 44.53 CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 791 CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history exceeds guidelines - 0 lates |
| 10209 | XXXXXX | MA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 5 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 4 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 762 | |||||||||||||||
| 10210 | XXXXXX | MA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 697 CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history exceeds guidelines - 0 lates CFCFS1750: High potential for increased earnings - Clayton Comments: High potential for increased earnings - Uptick in rental market per comps | |||||||||||||||
| 10211 | XXXXXX | TN | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL1817 | Final HUD-1 is incomplete or illegible | No | Please provide the final HUD1 or Closing CD that has been signed by all parties. | 5.25.2022 Client responded - Please see attached copy of HUD-1, please clear the exception. 5.25.2022 Client sent in the Final HUD that was signed by the borrower. Exception satisfied. | 5.25.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrowers has resided at the current residence for 16.7 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 741; minimum credit score per guideline is 680. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: The Borrowers has had 0x30 for more than 24 months on Consumer Credit. |
| 10212 | XXXXXX | CO | (No Data) | ATR/QM: Exempt | C | A | C | A | C | A | N/A | N/A | C | A | C | A | C | A | N/A | N/A | Credit | Insurance | Satisfied | C | A | C | A | CRDINSR289 | Insufficient Hazard Insurance Coverage | No | Provide additional coverage or replacement costs breakdown. The Hard Insurance Dwelling Coverage is $XXX; Loan amount is $XXX. | 5.23.2022 Client responded - Please see attached letter explaining that 100% replacement cost is covered by policy. Please clear the exception5.23.2022 Client sent in a letter from XXX Insurance Policy # XXX verifying the policy is written with replacement cost coverage and Extra replacement cost coverage is provided by the endorsement. No further action required. Exception satisfied. | 5.23.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been employed with the current employer for 4.6 years and the second employer 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 704; guideline minimum is 680. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves in the amount of $XXX. |
| 10212 | XXXXXX | CO | (No Data) | ATR/QM: Exempt | C | A | C | A | C | A | N/A | N/A | C | A | C | A | C | A | N/A | N/A | Credit | LTV/CLTV | Satisfied | C | A | C | A | CRDLTV3026 | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | LTV of 75% is greater than 70% allowed for a cash out refinance with DSCR of 0.8520. Provide exception to allow for 75% LTV | 5.23.2022 Client responded - File shows DSCR of loan is 1.00, not 0.8520. Page 132 of guidelines state that DSCR of 1.00 required for LTV > 70% on Refinance Transactions, therefore still in compliance. Please clear the exception. 5.23.2022 Client is using 1% for DSCR, per the calculations using Actual Rent $XXX/ PITIA $XXX = 0.9497. Did not round the DSCR. Exception remains. 5.25.2022-Clients response: May 24th 2022, 12:08:53 pmLoan was originally underwritten as DSCR, was then changed to full doc (see attached email change) to allow for LTV of 75%. Documentation in income shows w-2's, tax extensions, and other supporting docs for full-doc loan program. Loan exception not needed for file. Left as DSCR by mistake. Please clear the exception5.25.2022-Clayton's response: The file has been reviewed again and the W's, 1040's, verbal verification of employment have been reviewed for a 2 year full document loan and are sufficient to clear this exception. File was a changed to a full document loan-loan approval reflects the change. Exception is satisfied. | 5.23.2022 Exception remains5.25.2022-Exception satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been employed with the current employer for 4.6 years and the second employer 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 704; guideline minimum is 680. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves in the amount of $XXX. |
| 10212 | XXXXXX | CO | (No Data) | ATR/QM: Exempt | C | A | C | A | C | A | N/A | N/A | C | A | C | A | C | A | N/A | N/A | Property Valuations | Property | Satisfied | C | A | C | A | PRVAPROP2674 | Property Issues Indicated 2 | No | Missing Colored Copy of the Appraisal Dated XXX valued at $XXX. | 5.31.2022 Client responded - Please see attached color copy of the mentioned appraisal, please clear the exception5.31.2022 Client sent the full color copy of Exterior ONLY Appraisal dated XXX. Per guidelines Interior photos are required on all properties to generally depict the living areas, kitchen and bathrooms. Exception remains6.1.2022-Clients response: May 31st 2022, 4:16:02 pm2055 exterior only appraisal will not contain photos of the interior of the property, the interior photos are located in full appraisal done on March 11. reconciliation was done and value of XXX was used. Please clear the exception6.1.2022-Clayton's response: Loan approval required a 2055 exterior appraisal due to the property being purchased in the last 12 months. The appraisal form 2055 does not require interior pictures; the appraisal dated 3.11.2022 has exterior and interior pictures as required. Exception is satisfied. | 5.31.2022 Exception remains.6.1.2022-Exception satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been employed with the current employer for 4.6 years and the second employer 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 704; guideline minimum is 680. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves in the amount of $XXX. |
| 10213 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | Missing copy of XXX business bank statement #XXX for month of August 2021. Please provide the XXX bank statement for August 2021. | 5.23.2022-Clients response:May 20th 2022, 5:45:49 pmPlease see copy of august 2021 bank statement. Please clear the exception. 5.23.2022-Clayton's response: The bank statement from XXX for August 2021 has been received and reviewed; its sufficient to clear the exception. Exception satisfied. | 5.23.2022-Exception satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history |
| 10214 | XXXXXX | AZ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for 43 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 24.09%; guideline maximum is 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 763; guideline minimum is 600. | |||||||||||||||
| 10421 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Assets | Satisfied | C | A | C | A | CRDAST3078 | Insufficient # of months cash reserves for PITI per guideline requirements | No | Please provide evidence of 6 months of PITI reserves. Six months of reserves are $9,011.40 after closing the borrower has $8,688.48 after closing so is $322.92 short of the requirements. | 6.15.2022 Client responded - Disagree with finding.Underwriters Breakdown of Verified Assets:XXX Bank #XXX $XXXXXX Bank #XXX $XXXXXX Bank #XXX $XXXTotal Verified Assets $XXX- $XXX (funds to close) = $XXX (reserves)Please see attached bank statements to support the Underwriters verified assets.6.15.2022 Client sent in Bank statement for XXX Bank accounts #XXX, #XXX and #XXX that support Total assets of $XXX- Funds to close $XXX = total reserves $XXX. Exception satisfied | 6.15.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 766. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 2 years. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good Credit history with no derogatory account. |
| 10421 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Insurance | Satisfied | D | A | D | A | CRDINSR865 | Missing proof of flood insurance in File | No | The subject property is in a flood zone; please provide the flood insurance with sufficient coverage for the property. | 6.14.2022-Clients response:June 14th 2022, 12:05:27 pmPlease see attached Flood Insurance which was in the file. Please clear this exception. 6.14.2022-Clayton's response: The Flood Insurance has been received and is sufficient to clear the exception. Exception is satisfied. | 6.14.2022-Exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 766. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 2 years. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good Credit history with no derogatory account. |
| 10215 | XXXXXX | WA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Credit/Mtg History | Satisfied | D | A | D | A | CRDCRMH149 | Missing support docs for VOM/VOR (e.g. cancelled checks) | No | Missing tax bill and homeowners of XXX, XXX, WA evidencing $XXX monthly per 1003 | 7.12.2022 Client responded - Please see attached tax bill for the mentioned property. Please clear the condition. 7.12.2022 Upon further review client sent the property tax bill for XXX, XXX WA verifying $XXX. Missing the Hazard insurance for this property. Exception remains.7.12.2022 Client responded - Please see attached HOI. Please clear condition.7.12.2022 Upon further review client sent in the hazard insurance declaration for XXX. Showing a premium of $XXX annually and a Rental Swelling property. Exception satisfied | 7.12.2022 Exception remains.7.12.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI below guideline requirement |
| 10215 | XXXXXX | WA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | Missing XXX #XXXbusiness bank statement for August 2021 as well as updated Lender's worksheet to support use of $XXX monthly income | 7.12.2022 Client responded - Please see attached copy of august bank statement and income worksheet. 7.12.2022 Upon further review the client sent in the August 2021 bank statement for account #XXX verifying deposits of $XXX. and the Lender Income worksheet that verifies $XXX monthly income. Exception satisfied. | 7.12.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI below guideline requirement |
| 10215 | XXXXXX | WA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Title | Satisfied | C | A | C | A | CRDTIL875 | Title Does Not Agree With Mortgage | No | Missing updated Title reflecting correct mortgage amount of $XXX | 7.14.2022-Clients response: July 13th 2022, 6:27:41 pmPlease see attached final title. 7.14.2022-Clayton's response: Upon further review the Final Title Policy has been received and the mortgage amount of $XXX is correct. Exception is satisfied. | 7.12.2022 Exception remains, client has not addressed this exception.7.14.2022: Exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI below guideline requirement |
| 10216 | XXXXXX | IL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Assets | Satisfied | C | A | C | A | CRDAST205 | Insufficient Funds to Close | No | Missing updated full 2 months bank statements evidencing sufficient funds to close plus reserves | 6.1.2022 Client responded - Per XXX guidelines for investor x page 132 of the guidelines cashout from the loan proceeds MAY be used to satisfy the reserves which this was the case for this loan. Please clear the exception. 6.1.2022 Per the HUD statement in the file, There is no cash to borrower. XXX received $XXX from closing to pay down 2 additional mortgages in return to have the release on two properties, XXX and XXX. There were o funds to use on funds to close and reserves except for the XXX account #XXX and the loan is currently short $XXX for reserves. Exception remains.6.3.2022 Client responded - Please see the attached we had over $XXX in cash out proceeds from all 4 closings with this borrower to satisfy the sufficient funds 6.3.2022 Client sent in HUD statement from other properties that were cash out refinance showing an additional $XXX cash to borrower. Exception satisfied. | 6.1.2022 Exception remains6.3.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession |
| 10216 | XXXXXX | IL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Assets | Satisfied | C | A | C | A | CRDAST3078 | Insufficient # of months cash reserves for PITI per guideline requirements | No | Missing updated 2 months full bank statements evidencing sufficient liquid funds to close plus reserves. Borrower required to bring $XXX to closing with 6 months reserves required $XXX x 6 months = $XXX totaling $XXX less $XXX from XXX account XXX Short $XXX | 6.1.2022 Client responded - Per XXX guidelines for investor x page 132 of the guidelines cashout from the loan proceeds MAY be used to satisfy the reserves which this was the case for this loan. Please clear the exception. 6.1.2022 Per the HUD statement in the file, There is no cash to borrower. XXX received $XXX from closing to pay down 2 additional mortgages in return to have the release on two properties, XXX and XXX. There were o funds to use on reserves except for the XXX account #XXX and the loan is currently short $XXX for reserves. Exception remains6.3.2022 Client responded - Please see the attached hud 1's to cover the reserves. Please clear the condition. 6.3.2022 Client sent in HUD statement from other properties that were cash out refinance showing an additional $XXX cash to borrower. Exception satisfied. | 6.1.2022 Exception remains6.3.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession |
| 10216 | XXXXXX | IL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Insurance | Satisfied | D | A | D | A | CRDINSR2400 | Missing Flood Certification Document | No | Missing flood Certificate. Note: Appraisal states property is located in Flood zone X. | 5.26.2022 Client responded - Please disregard previous note for another file. Please see the attached flood cert Not in a flood zone. Please clear the condition. 5.26.2022 Client sent the Flood Certification zone X. Exception satisfied | 5.26.2022 - Exception satisfied. | (No Data) | Not Applicable | CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession |
| 10217 | XXXXXX | CO | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | D | A | A | A | D | A | A | A | D | A | A | A | Property Valuations | Appraisal | Satisfied | C | A | C | A | PRVAAPPR171 | Subject Photos Unacceptable | No | The appraisal report is missing the subject photos as well as the comp pictures. | 5.27.2022 Client responded - Please see attached Appraisal Photos.5.27.2022 Client sent Appraisal Photos showing subject and comparable pictures. Exception satisfied. | 5.27.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 646. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 17 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in line of work for 25 years. |
| 10217 | XXXXXX | CO | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | D | A | A | A | D | A | A | A | D | A | A | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR101 | Appraisal incomplete (missing map, layout, pages, etc) | No | The appraisal report is missing the subject photos as well as the comp pictures. | 5.27.2022 Client responded - Please see attached Appraisal Photos. 5.27.2022 Client sent in complete Appraisal photos and comp pictures. Exception satisfied. | 5.27.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 646. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 17 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in line of work for 25 years. |
| 10217 | XXXXXX | CO | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | D | A | A | A | D | A | A | A | D | A | A | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR173 | Comp Photos Unacceptable | No | The appraisal report is missing the subject photos as well as the comp pictures. | 5.27.2022 Client responded - Please see attached Appraisal Photos. 5.27.2022 Client sent in Appraisal with Subject property photos and comp pictures. Exception satisfied. | 5.27.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 646. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 17 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in line of work for 25 years. |
| 10218 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 766. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good credit history with no derogatory account. CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit Report, Borrower has a positive mortgage payment history | |||||||||||||||
| 10219 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL100 | Legal document incorrect or incomplete | No | Missing a fully executed Personal Guaranty signed by XXX and XXX. Both own 50% of the Corporation and per guidelines, any owner with 25% or greater is required to sign a personal guaranty. | 7.7.2022 Client responded - Please see the attached Personal Guaranty for XXX. Please clear the exception. Please see the attached Personal Guaranty for XXX. Please clear the exception. 7.7.2022 Upon further review client sent the Personal Guaranty's signed by XXX, 50% owner and XXX, 50% owner of XXX, name on the Note and Deed of Trust / Mortgage. Exception satisfied. | 7.7.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 779 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines - $XXX CFCFS1750: High potential for increased earnings - Clayton Comments: High potential for increased earnings - XXX per comps in rental market |
| 10353 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 2 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been the same profession for over 29 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 797 | |||||||||||||||
| 10220 | XXXXXX | TN | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 709. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 5 years. CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit Report, Borrower has a positive mortgage payment history. | |||||||||||||||
| 10221 | XXXXXX | AZ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Provide the business licenses for both businesses the borrower owns; also a CPA letter verifying percentage of ownership. | 6.28.2022-Clients response:June 28th 2022, 12:42:48 pmPlease see attached entity Info from the state business lookup showing the borrower as owner of the the business entities. Please clear the conditions.6.28.2022-Clayton's response: Received the business verification from the XXX show the borrowers businesses were opened in XXX and XXX. Also received the Articles of Organization of The XXX showing the borrower as the primary manager of the business and are sufficient to clear the exception. Exception is satisfied. | 6.28.2022-Exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 623. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 11 years. CFCFS2860: Good credit history - Clayton Comments: Per Credit report, Borrower has a good credit history with no derogatory account. |
| 10222 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Please provide evidence that borrower acknowledged receipt of CD 3 days prior to consummation date | Client response: 6/1/2022 - Please see attached CD issued on 5-19-2022. Please clear this exception.Clayton response: 6/1/2022 - Client provided Esigned CD and doc magic sheet. Exception satisfied | Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 3 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 6 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 773 |
| 10223 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 23 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 730 CFCFS2860: Good credit history - Clayton Comments: All open accounts are current | |||||||||||||||
| 10224 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 4 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 11 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 725 | |||||||||||||||
| 10225 | XXXXXX | NC | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | C | A | D | A | A | A | D | A | C | A | D | A | A | A | Credit | LTV/CLTV | Satisfied | C | A | C | A | CRDLTV3024 | LTV Exceeds Guideline Requirement by less than 5% | No | The LTV is 83.43%; Maximum LTV is 80%. Guidelines allow for points and fees to be financed in the loan, reflected in the LTV. However lender used a valuation of $XXX. Clayton does not know where this valuation is coming from as the appraisal provided in the borrower file shows a valuation of $XXX. Please provide updated valuation to support the $XXX. | 7.7.2022 Client responded - Please see attached appraisal on file that shows value of XXX. Please clear the condition7.7.2022 Upon further review client sent in updated appraisal dated XXX supporting the value of $XXX. This exception was satisfied on 7/5/2022. | 7.5.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: The DTI is 31.73%; guideline maximum is 50%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 801; guideline minimum is 660. CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has bee in the same profession for 25 years. |
| 10225 | XXXXXX | NC | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | C | A | D | A | A | A | D | A | C | A | D | A | A | A | Property Valuations | Appraisal | Satisfied | C | A | C | A | PRVAAPPR119 | Appraisal documentation does not support occupancy | No | Provide the Appraisal in the Lenders Name; XXX. The appraiser had indicated that the property is vacant; The Property was purchased XXX in cash. Owner occupied transaction. The Appraisal has been performed for XXX. | 7.7.2022 Client responded - Please see updated appraisal. Please clear condition.7.7.2022 Upon further review updated Appraisal dated XXX states the property is owner occupied and interior photo's show evidence of property is not vacant. Exception satisfied. | 7.7.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: The DTI is 31.73%; guideline maximum is 50%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 801; guideline minimum is 660. CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has bee in the same profession for 25 years. |
| 10225 | XXXXXX | NC | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | C | A | D | A | A | A | D | A | C | A | D | A | A | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR3116 | Missing updated valuation | No | The appraisal in the file is dated XXX valued at $XXX; Sales Price was $XXX XXX when the Borrower purchased the Property. The Lender is using the appraised value of $XXX. Provide the source for the value of XXX being used.CU score provided does support the appraised value of $XXX, but unsure of why the lender used $XXX valuation when there is nothing in borrower file to support that. | 7.7.2022 Client responded - Please see attached appraisal with value of XXX.7.7.2022 Upon further review client sent in an updated appraisal with a value of $XXX dated XXX. Exception satisfied. | 7.7.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: The DTI is 31.73%; guideline maximum is 50%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 801; guideline minimum is 660. CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has bee in the same profession for 25 years. |
| 10354 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 12 years CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 25 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 70.75% is below guideline requirement of 80% for this program. | |||||||||||||||
| 10226 | XXXXXX | NJ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 703 CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession - 9 years CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI below guideline requirement - 25.19 / 37.54 | |||||||||||||||
| 10355 | XXXXXX | OR | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Provide the business license for XXX and a letter from a CPA or Accountant verifying the percentage of the business that the borrower owns. | 7.22.2022 Please see the attached copy of the Business License verifying the percentage of the business that the borrower owns. Please clear the exception. 7.22.2022 Upon further review client sent in the Vehicle Dealer Certificate for XXX Effective XXX and expires XXX and 1003 verifies 100% ownership in the business along with online business search. Exception satisfied.. | 7.22.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 20 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession over 2 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is < 10% |
| 10356 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines | |||||||||||||||
| 10052 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Assets | Satisfied | C | A | C | A | CRDAST206 | Asset Amounts Are Unsupported by Documentation in File | No | Loan Exception made: Guideline FTC seasoned for 60 days; Need an exception to have $XXX funds to close unseasoned - $$ Was wired to escrow $XXX unseasoned. Lender is Allowing $XXX in business funds which are now seasoned to go toward FTC. | 7.22.2022 Client responded - Please see attached ''Approved'' Loan Exception. Please clear this exception7.22.2022 Upon further review client sent in exception form approving the $1981 funds unseasoned. Exception approved by management,. Exception satisfied | 7.22.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower 1 has been XXX with the current company since XXX. Borrower 2 has been with the current employer for 17 years. CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for 7 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrower credit score is 676; guideline minimum is 660. |
| 10227 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 706. CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit Report, Borrower has a positive mortgage payment history. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current Residence for 9 years. | |||||||||||||||
| 10228 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 17 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 80% is below guideline requirement of 90% for this program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 720 | |||||||||||||||
| 10229 | XXXXXX | HI | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 69.57% is below guideline requirement of 70% for this program. CFCFS2860: Good credit history - Clayton Comments: All open accounts are current CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO of 677 is below guideline requirement of 660 for this program | |||||||||||||||
| 10230 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 728. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good Credit history. CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV: 63.78Max LTV allowable per Guideline: 75% | |||||||||||||||
| 10357 | XXXXXX | MD | (No Data) | ATR/QM: Exempt | D | A | A | A | D | A | A | A | D | A | A | A | D | A | A | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR101 | Appraisal incomplete (missing map, layout, pages, etc) | No | Please provide all the pages of the appraisal; the report we received has bottom of some of the pages are cut off. | 7.28.2022: July 28th 2022, 1:12:03 pmPlease see the attached full completed appraisal. Please clear the condition | 7.28.2022-Document received, exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 783 CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV below guideline requirements - 50.56 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines - $XXX |
| 10231 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 75%; guideline maximum is 85%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 16.93; guideline maximum is 50%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 665; guideline minimum is 660. | |||||||||||||||
| 10232 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 780. CFCFS2854: Significant time in profession - Clayton Comments: B1 has been in line of work for 13 years. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good Credit History with no derogatory accounts. | |||||||||||||||
| 10358 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Credit/Mtg History | Active | B | B | B | B | CRDCRMH120 | Collections, charge offs, liens, etc. exceed guidelines | No | Provide evidence of the collection to XXX in the amount of $XXX paid in full. Approval allowed it to be paid at closing but it is not on the final HUD 1. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 668 CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history exceeds guidelines - 0 lates CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines - $XXX |
| 10233 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines | |||||||||||||||
| 10053 | XXXXXX | WA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2860: Good credit history - Clayton Comments: The borrower has had good history xxx for more than xxx months. CFCFS1744: DTI below guideline requirement - Clayton Comments: The DTI is xxx%; maximum DTI is xxx%. CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been Self Employed in the same business for xxx years. | |||||||||||||||
| 10234 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 7 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 20 years. CFCFS2860: Good credit history - Clayton Comments: All open account are currrent | |||||||||||||||
| 10235 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2860: Good credit history - Clayton Comments: All open accounts are current. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 772 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrower has more than enough reserves | |||||||||||||||
| 10236 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Assets | Satisfied | D | A | D | A | CRDAST2354 | Asset Verification In File is Incomplete Per Requirements | No | Missing cancelled earnest deposit check in the amount of $XXX for sufficient funds to close and reserves requirements | 7.19.2022 Client responded - Please see attached EMD clearance and wire receipt for the XXX. Please clear the condition. 7.19.2022 Upon further review client sent the Title receipt for the $XXX and XXX acct XXX wire transfer to the Title company for $XXX. Exception satisfied. | 7.19.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS2860: Good credit history - Clayton Comments: Good credit history |
| 10236 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Credit/Mtg History | Satisfied | D | A | D | A | CRDCRMH149 | Missing support docs for VOM/VOR (e.g. cancelled checks) | No | Provide a copy of the VOR from the property Management company. Borrower is purchasing the home he has lived in for 7 years and 10 months per the 1003. | 7.19.2022 Client responded - Please see attached VOR. Please clear the condition. 7.19.2022 Upon further review the client sent in VOR from XXX Properties, the property Management Company, for XXX, Borrower and the property XXX, verifying 0x30 from 7/15/2014 to present with $XXX per month in rent.Exception satisfied | 7.19.2022 Exception Satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS2860: Good credit history - Clayton Comments: Good credit history |
| 10237 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | Property Valuations | Property | Satisfied | C | A | C | A | PRVAPROP177 | Property Issues Indicated | No | Provide loan exception for property being marked XXX on the appraisal. Per the guidelines on XXX XXX properties are ineligible for this loan program. Please note: The appraisal has XXX sales comparable within 2 miles of the property 2 sales within 6 miles and XXX sales comparable within 15 miles. | 7.12.2022 Client responded - Please see the attached appraisal exception for the XXX property. Please clear the exception. 7.12.2022 Upon further review the client sent in a loan exception for XXX with XXX characteristics Approved by XXX Management. Exception satisfied | 7.12.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 774. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good credit history with no derogatory account. CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit Report, Borrower has a positive mortgage payment history. |
| 10238 | XXXXXX | VA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for 10.6 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: The LTV is 63.36%; guideline maximum is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 711; guideline minimum is 660. | |||||||||||||||
| 10239 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Please provide a copy of the business license for XXX or a CPA letter verifying the business. | 6.22.2022 Client responded - Please see the attached Business License for XXX. Please clear the exception.6.22.2022 Client sent a copy of the Business license that was filed in the county of XXX in XXX verifying XXX as owner of XXX. Exception satisfied. | 6.22.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 14 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in same profession for over 10 years. CFCFS2860: Good credit history - Clayton Comments: All open accounts are current |
| 10239 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Title | Satisfied | D | A | D | A | CRDTIL865 | Title incomplete | No | Please provide either the final Title Policy or a commitment supplement that shows XXX as the lender. | 6.22.2022 Client responded - Please see the attached prelim showing XXX as the lender. Please clear the condition. 6.22.2022 Client sent in Preliminary Title Report showing Lender name: XXX. Exception satisfied. | 6.22.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 14 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in same profession for over 10 years. CFCFS2860: Good credit history - Clayton Comments: All open accounts are current |
| 10240 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | C | A | D | B | D | B | D | A | C | A | D | B | Compliance | APR Tolerance | Satisfied | B | A | B | A | CMPAPRT110 | APR - Insufficient Information for APR-Payment Stream Testing | No | The exception fired after adding the Note to the system.The exception is auto-satisfied upon adding the Note. | 7.28.2022 -Clayton Review- exception is satisfied. | 7.28.2022 exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower one credit score is 747 CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have 24 months in reserves. |
| 10240 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | C | A | D | B | D | B | D | A | C | A | D | B | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2478 | Missing Legal Documentation | No | Loan Approval is not in the file. Unable to complete the review. Please provide the Loan Approval. | Client response 7/20/2022: Please see attached loan approval, please clear the condition. Clayton response 7/20/2022: Client provided Loan Approval. Exception is satisfied. | 7.28.2022 exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower one credit score is 747 CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have 24 months in reserves. |
| 10240 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | C | A | D | B | D | B | D | A | C | A | D | B | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2952 | Missing Servicing Disclosure | No | Intent to proceed is not in the file. Unable to complete the review. Please provide Intent to proceed. | Client response 7/21/2022: Please see attached intent to proceed. Please clear condition. Clayton response 7/21/2022: Client provided Intent to Proceed dated 5/16/2022. Exception is satisfied. | Clayton conclusion: Upon further review, exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower one credit score is 747 CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have 24 months in reserves. |
| 10240 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | C | A | D | B | D | B | D | A | C | A | D | B | Compliance | Compliance Manual | Satisfied | D | A | D | A | CMPMAN2956 | Missing disclosure | No | Final CD is not in the file. The Closing date is XXX, the notary date is XXX. Please provide Final CD. | Client response 7/21/2022: Please see attached final CD dated 6/6/2022. Please clear the condition. Clayton response 7/21/2022: Client provided CD dated 6/28/2022. This CD is not signed and appears to be a PCCD/At Funding not a Final CD. The CD provided is issued on 6/28/2022 with Closing date on XXX and Disbursement date on XXX. Please provide a signed Final CD. Exception remains. 7.22.2022-Clients response:July 22nd 2022, 2:24:27 pmPlease see attached signed final CD7.22.2022-Clayton's response: Upon further review the final Closing Disclosure that has been received and has been executed by the borrowers, it is sufficient to clear the exception. Exception is satisfied. | 7.22.2022 exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower one credit score is 747 CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have 24 months in reserves. |
| 10240 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | C | A | D | B | D | B | D | A | C | A | D | B | Compliance | Documentation | Satisfied | D | A | D | A | CMPDOC195 | Missing Note | No | " Subject property is a Leasehold. No note in the file. We do have Lease agreement pg 127 and Assignments on pgs 158,173, 287-296, and our borrower on 310. assignments show chain of ownership and transfer of Leasehold." | Client response 7/20/2022: Please see attached note. Please clear the condition. Clayton response 7/20/2022: Client provided the executed Note dated XXX. The Note has been added to the system, upon adding the Note the exception is auto-satisfied. | Clayton conclusion: After adding the Note, exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower one credit score is 747 CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have 24 months in reserves. |
| 10240 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | C | A | D | B | D | B | D | A | C | A | D | B | Compliance | RESPA | Active | B | B | B | B | CMPRESPA2698 | RESPA - List of homeowners counseling organizations not in file | No | Please provide List of homeowners counseling organizations. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower one credit score is 747 CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have 24 months in reserves. |
| 10240 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | C | A | D | B | D | B | D | A | C | A | D | B | Compliance | RESPA | Satisfied | D | A | D | A | CMPRESPA3012 | RESPA - Missing list of Settlement Service Providers | No | Please provide list of Settlement Service Providers | Client response 7/21/2022: Please see attached settlement service providers. Please clear the condition.Clayton response 7/21/2022: Client provided Settlement Service Provider List date 5/16/2022. Exception is satisfied. | 7.28.2022 exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower one credit score is 747 CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have 24 months in reserves. |
| 10240 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | C | A | D | B | D | B | D | A | C | A | D | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3618 | TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing | No | The interest rate changed from 7.375% Final LE dated 5/18/2022 to 7.125% Initial CD dated 5/23/2022. Please provide the COC supporting this change. | 7.27.2022-Corrected CD provided; exception satisfied | 7.27.2022- Exception Satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower one credit score is 747 CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have 24 months in reserves. |
| 10240 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | C | A | D | B | D | B | D | A | C | A | D | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3772 | TRID - Error #10 discovered on Loan Estimate | No | Initial LE is not in the file. According to Esign summary dated 5/16/2022 the Initial LE was issued and delivered to the borrower 5/16/2022 on page #303.Please provide initial LE dated 5/16/2022. | Client response 7/20/2022: Please see attached LE, please clear the condition.Clayton response 7/20/2022: Client provided Initial CD dated 5/16/2022. The CD has been added to the system as Initial CD. Exception is satisfied. | 7.28.2022 exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower one credit score is 747 CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have 24 months in reserves. |
| 10240 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | C | A | D | B | D | B | D | A | C | A | D | B | Credit | Credit/Mtg History | Satisfied | D | A | D | A | CRDCRMH189 | Missing credit report | No | Provide the credit report. | 7.22.2022-Clients response:July 20th 2022, 4:26:02 pmPlease disregard previous credit report, please see report named ''CREDIT REPORT CORRECT'' 7.22.2022-Clayton's response: Upon further review the credit report has been received and the debts have been added to eclas. This is sufficient to satisfy the exception. Exception is satisfied. | 7.22.2022-Exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower one credit score is 747 CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have 24 months in reserves. |
| 10240 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | C | A | D | B | D | B | D | A | C | A | D | B | Credit | DTI | Satisfied | C | A | C | A | CRDDTI187 | Debt Ratio > 50% | No | Please provide all income documentation for B1 and B2 | 7.28.2022-Exception is satisfied with updated 1003/income docs | 7.28.2022 exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower one credit score is 747 CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have 24 months in reserves. |
| 10240 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | C | A | D | B | D | B | D | A | C | A | D | B | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Provide all documents required to verify the employment. | 7.22.2022-Clients response:July 20th 2022, 3:55:53 pmPlease see attached income docs, please clear the condition. 7.22.2022-Clayton's response: Upon further review the income documents have been received and are sufficient to clear the exception. Exception is satisfied. | 7.22.2022-Exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower one credit score is 747 CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have 24 months in reserves. |
| 10240 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | C | A | D | B | D | B | D | A | C | A | D | B | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC889 | Income is Not Reasonable | No | Provide all documents required to verify the employment. | This file was received initially with no income documents; other exceptions have cleared this exception. | (No Data) | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower one credit score is 747 CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have 24 months in reserves. |
| 10240 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | C | A | D | B | D | B | D | A | C | A | D | B | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC2302 | Missing Required Income Documentation | No | Provide all income documents used to qualify the borrowers. | 7.22.2022-Clients response:July 20th 2022, 2:21:20 pmPlease see file with all attached income docs, Please clear the condition. 7.22.2022-Clayton's response: Upon further review the verification of employment for both borrowers has been reviewed and is sufficient to clear the exception. Exception is satisfied. | 7.22.2022-Exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower one credit score is 747 CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have 24 months in reserves. |
| 10240 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | C | A | D | B | D | B | D | A | C | A | D | B | Credit | Insurance | Satisfied | D | A | D | A | CRDINSR2400 | Missing Flood Certification Document | No | Provide Flood Certification. | 7.22.2022-Clients response: July 20th 2022, 1:55:07 pmPlease see attached flood cert, please clear condition. 7.22.2022-Clayton's response: Upon further review the Flood Cert is not in the folder. Please upload so we may clear the condition. Exception remains.7.22.2022-Client's response: July 22nd 2022, 2:07:30 pmPlease see attached flood cert, please clear the condition.7.22.2022-Clayton's response: Upon further review the Flood Certification has been received and is sufficient to clear the exception. Exception is satisfied. | 7.22.2022-Exception remains.7.22.2022-Exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower one credit score is 747 CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have 24 months in reserves. |
| 10240 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | C | A | D | B | D | B | D | A | C | A | D | B | Credit | Insurance | Satisfied | D | A | D | A | CRDINSR848 | Missing Hazard Insurance | No | Provide the Hazard insurance. | 7.22.2022-Clients response:July 20th 2022, 1:51:18 pmPlease see attached hazard insurance policy. Please clear the condition. 7.22.2022-Clayton's response: Upon further review the insurance declaration page that was received is the master policy for the condominium project. Please provide the homeowners insurance policy. Exception remains.7.22.2022-Client's response: July 22nd 2022, 2:03:56 pmPlease see attached insurance policy, Please clear the condition7.22.2022-Clayton's response: Upon further review the Homeowners Insurance has been reviewed and is sufficient to clear the exception. Exception is satisfied. | 7.22-2022-Exception remains.7.22.2022-Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower one credit score is 747 CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have 24 months in reserves. |
| 10240 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | C | A | D | B | D | B | D | A | C | A | D | B | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL988 | Loan File is Missing or Contains Insufficient Documentation for Basic Review | No | Please provide the loan approval and all other documents that were not received in the original file. | 7.22.2022-Clients response: July 20th 2022, 1:36:28 pm Please see attached loan approval and other documentation. Please clear the condition. 7.22.2022-Clayton's response: Please upload the condition so it can be reviewed. Exception remains. 7.25.2022 Clients response: Please see attached loan approval 7.25.2022 Clayton's response: Upon further review of approval Exception satisfied. | 7.22.2022-Exception remains. 7.25.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower one credit score is 747 CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have 24 months in reserves. |
| 10240 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | C | A | D | B | D | B | D | A | C | A | D | B | Property Valuations | Appraisal | Satisfied | C | A | C | A | PRVAAPPR257 | Appraisal form does not match property type(Condo) | No | Provide the appraisal. | 7.22.2022-Clients response: July 20th 2022, 1:28:36 pmPlease see attached DOT with XXX rider. Please clear the condition.7.22.22-Clayton's response: Upon further review the comments were put in the appraisal condition. Please provide the appraisal so we may review. Exception remains.7.22.2022-Clients response:July 22nd 2022, 2:12:15 pmPlease see attached appraisal.7.22.2022-Clayton's response: Upon further review of the appraisal report; the subject property is a XXX and the appraisal is on form 1004; new appraisal on form 1073 required. Exception remains.7.27.2022-Client Response- Provided updated appraisal on correct form 10737.27.2022-Clayton Response- Provided appraisal form 1073 satisfies condition. | 7.22.2022-Exception remains.7.22.2022-Exception remains.7.27.2022-Exception Satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower one credit score is 747 CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have 24 months in reserves. |
| 10241 | XXXXXX | WY | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: The LTV is 56.25%; guideline maximum is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 776; guideline minimum is 600. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The Mortgage payment history has been 0x30 for more than 12 months. | |||||||||||||||
| 10422 | XXXXXX | WA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV below guidelines requirements CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history | |||||||||||||||
| 10242 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current home for 6.6 years. CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been in the same profession for 5 years. CFCFS2860: Good credit history - Clayton Comments: The Borrowers have had Good credit history 0x30 for more than 24 months. | |||||||||||||||
| 10243 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for 4 years. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The Borrower has had 0x30 for more than 12 months on the current Mortgage Obligations. CFCFS2860: Good credit history - Clayton Comments: The Borrower has had good credit history 0x30 for more than 24 months. | |||||||||||||||
| 10244 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history | |||||||||||||||
| 10786 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 5 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 71.40% is below guideline requirement of 75% for this program CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified reserves are enough to cover the loan | |||||||||||||||
| 10245 | XXXXXX | PA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 9 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 66.67% is below guideline requirement of 75% for this program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 758 | |||||||||||||||
| 10246 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | B | A | A | D | A | D | B | D | B | A | A | D | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | D | A | D | A | CMPTRID5107 | TRID - Seller CD not in file; need in order to complete fee entry | No | Seller CD is not in the file. Unable to complete the review. Please provide Seller CD. | Client response 7/21/2022: Please see attached seller CD. Please clear the condition. Clayton response 7/21/2022 The attachment is not found. Please re-send the Seller CD. Exception remains. 7/22/2022 - Client response - Please see attached Sellers CD, please clear the condition. 7/26/2022 - Clayton response - Client provided the Seller CD.Client response 7/21/2022: Please see attached sellers CD. Clayton response 7/22/2022: An attachment that corresponds to the loan number XXX is not found in the folder. Please re-send the Seller CD. Exception remains. | Clayton conclusion: The attachment is not found. Exception remains.Clayton conclusion: The attachment is not found. Exception remains.7/26/2022 - Conclusion - Exception satisfied. | Not Applicable | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI below guideline requirement |
| 10246 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | B | A | A | D | A | D | B | D | B | A | A | D | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | Missing copy of business license, third part documentation for percentage of ownership, missing XXX December 2021 bank statement to support deposit and income. Explanation for use of 100% use of business deposits into XXX if borrower is only 50% owner per her LOX. | 7.22.2022 Client responded - Please see attached bank statement, CPA letter, and business license. 7.22.2022 Upon further review client sent the Business License and the XXX1 Bank statement for XXX that verifies income. Exception satisfied | 7.22.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI below guideline requirement |
| 10246 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | B | A | A | D | A | D | B | D | B | A | A | D | A | Credit | Insurance | Satisfied | C | A | C | A | CRDINSR5351 | Insurance Effective date is greater than the transaction date | No | Missing correct Hazard Insurace insurance with effective date of closing XXX. Closing Disclosure show disbursement date of XXX. Hazard effective date is XXX through XXX. | 7.22.2022 Client responded - Please see attached hazard policy, please clear the condition. 7.22.2022 Upon further review the client sent in the Hazard Insurance Policy verifying effective date of XXX through XXX. Exception satisfied. | 7.22.2022 Exception satisfied. | Not Applicable | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI below guideline requirement |
| 10246 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | B | A | A | D | A | D | B | D | B | A | A | D | A | Credit | Terms/Guidelines | Active | C | B | C | B | CRDTER3122 | Loan documents do not meet guideline requirements | No | XXX program requires $XXX equity remaining; determined by home value / loan amount. Lender exception in file for not meeting guidelines. Appraised value $XXXLoan amount $XXXEquity position $XXX | 7.27.2022- SR U/W upon further review, deemed non-material, exception in file. Comp factors present, fico 688, LTV 80%, DTI 13/30, 46 months PITIA. Exception remains. | 7.27.2022-Exception Remains-deemed non-material, Grade B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI below guideline requirement |
| 10247 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 6 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is < 40% CFCFS2860: Good credit history - Clayton Comments: All open accounts are current | |||||||||||||||
| 10248 | XXXXXX | RI | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Compliance | Documentation | Satisfied | D | A | D | A | CMPDOC3280 | One or more Applications in file are incomplete | No | Provide a complete application for XXX; she signed the Note but does not show her owning 25% or more on the Articles of Incorporation. Please clarify her role on the transaction. File contains a 1003 with her name on it but the rest of it is blank; need clarification. | 7.8.2022 Client responded - Please see attached XXX Response. Please clear this exception. XXX response: DISAGREE: Personal guarantors do not need to be applicants. A personalguarantor is anyone who owns more than 25% of the entity or anyone who islisted as an applicant. Guarantor 2 is not an applicant; therefore, creditinformation and an application are not required. According to the OperatingAgreement for XXX, XXX holds a 50% ownershipinterest in the entity. Since she owns more than 25% she must be listed as apersonal guarantor even if he is not an applicant. Please see attached OperatingAgreement.7.8.2022 Upon further review there is an application in the file in the name of XXX stating applying for credit with XXX. The application for XXX is not completed. However, the Note and the Mortgage/Deed of Trust was signed by both Guarantors and are in the name of XXX. Requesting a completed application for the Co-Guarantor, XXX. Exception remains7.18.2022 Client responded - The application in file was an internal document and was not intended to be delivered with thefile. There was no credit application completed for XXX as none was required. XXX isa signer on the documents because of the LLC. The application was a mistake and was neverused. It is not an indication that XXX was part of the loan.7.18.2022 Upon further review Application in the file for XXX states he is applying for individual credit. The LLC shows both borrowers as 50% owners per the Operating Agreement Asked for the 1003 for XXX due to application being in the file and Note and Mortgage were signed by XXX. Exception remains7.21.2022- After further review from Clayton SR UW, review of the documents in file and the operating agreement, only XXX is the only applying for credit. XXX is not listed as additional borrower only listed on the operating agreement owning more than 25%. I have removed XXX from the application in our system, however can understand the confusion as there was an incomplete application in the file for XXX. Client has stated this was included in error. Exception has been satisfied. | 7.8.2022 Exception remains.7.18.2022 Exception remains7.22.2022 Exception has been satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 73; guideline minimum is 680. CFCFS2860: Good credit history - Clayton Comments: The Borrower has had 0x30 for more than 24 months on the consumer credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash reserves are remaining in the amount of $XXX after required reserves have been satisfied. |
| 10248 | XXXXXX | RI | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Credit | DTI | Satisfied | D | A | D | A | CRDDTI2540 | Missing verification of some or all components of non-subject PITI | No | Provide the Payment History for the REO property located at XXX from XX payment in the amount of $XXX. | 7.8.2022 Client responded - Please see attached Pay History information for XXX. Please clear this exception. Thank you. 7.8.2022 Upon further review client sent in a copy of the Note for XXX , XXX verifying the loan is a balloon Note due and payable on the Maturity Date with one payment (no monthly payments) on XXX. Also monthly payment letter verifying payments to begin XXX to XXX in the amount of $XXX , first payment verified with XXX statement. Exception satisfied | 7.8.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 73; guideline minimum is 680. CFCFS2860: Good credit history - Clayton Comments: The Borrower has had 0x30 for more than 24 months on the consumer credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash reserves are remaining in the amount of $XXX after required reserves have been satisfied. |
| 10249 | XXXXXX | CT | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 675. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 17 years. CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit report, borrower has a positive mortgage payment history. CFCFS2860: Good credit history - Clayton Comments: Per Credit report, Borrower has a good credit history with no derogatory account. | |||||||||||||||
| 10038 | XXXXXX | AZ | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 729. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 3 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV: 69.95Max LTV Allowable per Guideline: 75% | |||||||||||||||
| 10250 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | B | A | B | A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | Realtor Commissions reflected on Seller CD but not in section H of Borrower Final CD. As fees are at least shown this is not a material issue. This exception is informational per Clayton Compliance department. Exception satisfied. Final Grade A. | (No Data) | (No Data) | Numeric | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV below guideline requirements - 75.00 CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 653 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines - $XXX |
| 10251 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for 5 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: The LTV is 75% guideline maximum is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 716 guideline minimum is 700. | |||||||||||||||
| 10252 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 1 year and 6 mos. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 5 years CFCFS2860: Good credit history - Clayton Comments: All open accounts are current | |||||||||||||||
| 10253 | XXXXXX | NV | (No Data) | ATR/QM: Exempt | C | A | C | A | C | A | A | A | C | B | C | A | C | B | A | A | Credit | Insurance | Satisfied | C | A | C | A | CRDINSR5351 | Insurance Effective date is greater than the transaction date | No | Note is dated XXXPolicy period: XXX - XXXPrior Insurance in file dated XXX- XXX | 6.24.2022-Clients response:June 24th 2022, 12:51:32 pmPlease see the attached updated Ins policy.. please clear the condition6.24.2022-Clayton's response: Received the Homeowners Declaration page show the policy effective from XXX through XXX. Exception is satisfied. | 6.24.2022-Exception is satisfied. | Not Applicable | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 772. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 7 years. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good Credit Report with no derogatory account. CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit report, borrower has appositive mortgage payment history |
| 10253 | XXXXXX | NV | (No Data) | ATR/QM: Exempt | C | A | C | A | C | A | A | A | C | B | C | A | C | B | A | A | Property Valuations | Value | Satisfied | C | A | C | B | PRVAVALU5249 | Property Value Not Supported | No | BPO Valued property at $XXXReconciliation not in file. | 6.24.2022-Clients response: June 24th 2022, 1:34:10 pmPlease see the attached guidelines showing that if the CU Score is > 2.5, property type is not one-unit SFR/PUD/Condo, or warning messages indicate potential overvaluation, XXX will order a desk review. If the Desk Review is within 10% of the appraised value, the value of the appraisal will generally be deemed supported. Please clear the condition.6.24.2022-Clayton's response: The Fannie Mae DSCR has a score of 1; all scores under 2.5 are acceptable and this is sufficient to support the value. Exception is satisfied. | 6.24.2022-Exception is satisfied. | Not Applicable | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 772. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 7 years. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good Credit Report with no derogatory account. CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit report, borrower has appositive mortgage payment history |
| 10254 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC888 | Income Amount is Unsupported by Documentation in File | No | Provide the business license for XXX and a letter from an accountant verifying the percentage of ownership. | 7.5.2022 Client responded - Please see the attached business license for XXX and a letter from an accountant verifying the percentage of ownership. Please clear the condition. 7.5.2022 Upon further review client sent letter for CPA verifying that the borrower XXX is 100% owner of XXX and License information from the state of California and Department of Real Estate a copy of the license for XXX. Exception satisfied. | 7.5.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 7 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 9 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 794 |
| 10255 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history | |||||||||||||||
| 10256 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 724. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good credit history with no derogatory account. CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV: 81.60Max LTV Allowable per Guideline: 90% | |||||||||||||||
| 10257 | XXXXXX | IL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: The LTV is 35.09%; guideline maximum is 90%. CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for 5 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: The Borrower has been XXX with the current job for more than 23 years. CFCFS2854: Significant time in profession - Clayton Comments: The borrower has been in the same profession for 23 years. | |||||||||||||||
| 10258 | XXXXXX | AZ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines - $XXX CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 693 CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI below guideline requirement - 31.89 / 39.97 | |||||||||||||||
| 10259 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceed guidelines CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV below guideline requirements | |||||||||||||||
| 10359 | XXXXXX | WI | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines - $XXX CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 726 CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI below guideline requirement - 35.80 / 36.13 | |||||||||||||||
| 10260 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL4033 | Missing Legal Document(s) | No | Missing signed addendum to sales contract reducing sales price to $XXX | 7.5.2022 Client responded - Please see the attached signed addendum to sales contract reducing sales price to $XXX. Please clear the exception.7.5.2022 Upon further review client sent the Purchase Contract Amendment verifying a purchase price of $XXX. Exception satisfied. | 7.5.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10261 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Assets | Satisfied | C | A | C | A | CRDAST206 | Asset Amounts Are Unsupported by Documentation in File | No | Gift letter has no amount. Please provide completed form and supporting documentation. | 7.6.2022 Client responded - There was no gift letter used on this loan. Please clear the condition. 7.6.2022 Upon further review the letter of explanation for the gift stated funds to be given at closing if needed. Therefore no amount was listed on the gift letter. HUD does not show any gift funds. Exception satisfied. | 7.6.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history exceeds guidelines - 0 lates CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 710 CFCFS1750: High potential for increased earnings - Clayton Comments: High potential for increased earnings - Based on comps, high market uptick for rental |
| 10261 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Assets | Satisfied | C | A | C | A | CRDAST3078 | Insufficient # of months cash reserves for PITI per guideline requirements | No | Borrowers are short for the 6 months of reserves required; after closing the borrowers have $XXX and need $XXX to meet the six mouth requirement. Please provide additional assets which may come from the gift letter. | 7.6.2022 Client responded - Please see the attached additional assets to meet the 6th month requirement. Please clear the condition.7.6.2022 Upon further review client sent in additional documentation verifying additional 6 month requirements for reserves. Exception satisfied. | 7.6.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history exceeds guidelines - 0 lates CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 710 CFCFS1750: High potential for increased earnings - Clayton Comments: High potential for increased earnings - Based on comps, high market uptick for rental |
| 10262 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | LTV/CLTV | Satisfied | C | A | C | A | CRDLTV3026 | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | The LTV is 76.50%; is greater than 70% allowed per guidelines for the DSCR is 0.7535; LTV adjustment guideline minimum is 70%. HUD shows 1.75% in discount financed in the loan the MPO shows LTV of 75%. Please provide loan exception for the 76.50%. | 7.6.2022 Client responded - Disagree with finding: XXX Guidelines dated 6/1/2022 allows 75% LTV on DSCR 0.75%,cash-out refinance with 744 fico score. Please see attached 6/1/2022 InvestorX guidelines.7.6.2022 Upon further review per the 6/1/2022 75% LTV is allowed with cash-out refinanace and 744 credit score. Points financed for 76.5% LTV is allowed per guidelines. Exception satisfied. | 7.6.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current home for 3.7 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 744; guideline minimum is 680. CFCFS2860: Good credit history - Clayton Comments: The Borrower has had 0x30 for more than 24 months on the consumer history. |
| 10263 | XXXXXX | NV | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 71.40%; guideline maximum is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 764; guideline minimum is 660. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The Borrower has 0x30 on the Mortgage history for more than 12 months. | |||||||||||||||
| 10423 | XXXXXX | CT | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2420 | Missing HUD-1 (Final and Estimated) | No | Provide Final HUD 1 Settlement statement. File does not contain a HUD or Final Closing Disclosure. | 8.2.2022 Client responded - Please see the attached final Hud 1. Please clear the exception8.2.2022 Client sent Final HUD. Exception satisfied | 8.2.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10423 | XXXXXX | CT | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Terms/Guidelines | Active | C | B | C | B | CRDTER3122 | Loan documents do not meet guideline requirements | No | Loan does not meet $XXX minimum equity position. | (No Data) | 8.10.2022-Exception has been reviewed by Sr. Clayton Underwriter. Exception approval provided for equity in the property less than $XXX, exception remains, however deemed non-material due to this not being a fatal issue. The compensating factors are high fico score of 746, DSCR of 1.01, and 8 months in reserves. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10423 | XXXXXX | CT | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Title | Satisfied | C | A | C | A | CRDTIL875 | Title Does Not Agree With Mortgage | No | Missing updated title reflecting correct mortgage amount $XXX | Client's response: August 4th 2022, 12:48:54 pmPlease see the attached copy of the recorded DOT showing correct mortgage amount $XXX Please clear the exception. | 8.5.2022-Document received, exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10264 | XXXXXX | AL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | DTI | Satisfied | C | A | C | A | CRDDTI187 | Debt Ratio > 50% | No | Loan approval with ratios of 53.88% | 7.5.2022 Client responded - Guidelines for XXX program state ''55% with max 80% LTV, $XXX per month disposable and 0x30 mortgage'' the borrower meets all the criteria and therefore no loan exception needed. Please clear the condition. 7.5.2022 Upon further review, loan program will allow up to 55% DTI with max LTV of 80%. Loan LTV is 80% and borrower residual income $5,048.78 is greater than $4000 per month. Exception satisifed. | 7.5.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history |
| 10264 | XXXXXX | AL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC888 | Income Amount is Unsupported by Documentation in File | No | Missing 12 full months of bank statements for same account which Lender is using to determine income. Lender to provide updated income worksheet indicating name of bank and account number to determine income. LOX for not using and or providing 12 months business accounts since 3 months have been provided | 7.6.2022 Please see attached corrected income worksheet containing the account number and name. Please clear the condition. 7.6.2022 Upon further review the client sent in the Lender Income Worksheet for XXX account #XXX which corresponds with the 12 bank statements in the file from XXX to determine income. Exception satisfied. | 7.6.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history |
| 10264 | XXXXXX | AL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | Missing Self Employment Business Questionnaire and Certification completed by borrower. CPA letter or other documentation evidencing the length of time the borrower has owned XXX and document borrowers percentage of ownership | 7.5.2022 Client responded - Please see attached CPA letter and questionnaire. Please clear the condition. 7.5.2022 Upon further review the client sent the XXX Questionnaire and a letter from the CPA verifying 100% ownership of the XXX by the borrower XXX. Exception satisfied. | 7.5.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history |
| 10265 | XXXXXX | NJ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Please provide evidence that borrower acknowledged receipt of CD 3 days prior to consummation date of XXX | Client response 7/7/2022: Please see attached Closing Disclosure issued and acknowledged 6-24-2022. Please clear this exception. Thank youClayton response 7/8/2022: Client provided CD issued on 6/24/2022, e-signed by the borrower on 6/24/2022. Consummation date is XXX. The loan consummated timely. Exception is satisfied. | Clayton conclusion: Exception is satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Consumer credit history exceed guidelines CFCFS1746: Significant housing expense reduction - Clayton Comments: Significant housing expense reduction |
| 10424 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 693; guideline minimum is 680. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: The Borrower has had 0x30 for more than 24 months on the consumer credit history. | |||||||||||||||
| 10266 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 71.40% is below guideline requirement of 75% for this program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 684 CFCFS2860: Good credit history - Clayton Comments: All open accounts are current | |||||||||||||||
| 10360 | XXXXXX | NJ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 83.28% is below guideline requirement of 90% for this program. CFCFS2860: Good credit history - Clayton Comments: All open accounts are current CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 766 | |||||||||||||||
| 10267 | XXXXXX | MA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verify cash reserves exceed guidelines | |||||||||||||||
| 10268 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 4 years CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 720 | |||||||||||||||
| 10269 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been in the same profession for 6.7 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 59.80%; guideline maximum is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrower Credit score is 776; guideline minimum is 680. | |||||||||||||||
| 10425 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 30 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 699 CFCFS2860: Good credit history - Clayton Comments: All open accounts are current | |||||||||||||||
| 10270 | XXXXXX | OR | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV below guideline requirements - 57.27 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines - $XXX CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history exceeds guidelines - 0 lates | |||||||||||||||
| 10119 | XXXXXX | GA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3662 | TRID - Corrected CD should have been provided; APR is less than APR three business days prior to closing by more than allowable tolerance | No | xxx pay stream has an APR of xxx% while the final CD dated xxx has an APR of xxx% This is a difference of xxx%, which exceeds the allowable tolerance change of xxx% in APR with no reflective change of circumstance in file. | xxx - Client response - Changed circumstance was disclosed to the borrower on xxx, increasing the interest rate from xxx% to xxx%. This bumped the APR from xxx% to xxx% (see attached COC and LE issued xxx. CDs issued xxx and xxx both disclosed APRs of xxx% - well within tolerance of the xxx% disclosed on the final LE. | xxx conclusion - Exception satisfied. Reviewed by xxx SR UW, client provided COC and LE showing interest rate change. APR from Final LE to Final CD APR difference is within tolerance. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over xxx years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI < xxx |
| 10271 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines - $XXX CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 801 CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history exceeds guidelines - 0 lates | |||||||||||||||
| 10272 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history exceeds guidelines - 0 lates CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 718 CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence - 7 years | |||||||||||||||
| 10273 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | B | A | D | A | D | A | A | A | B | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | B | A | B | A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | Realtor Commissions reflected on Seller CD but not in section H of Borrower Final CD. As fees are at least shown this is not a material issue. This exception is informational per Clayton Compliance department and TRID 2.0 revisions. Exception satisfied. Final Grade A. | (No Data) | (No Data) | Numeric | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 2 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 8 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO score on approval is 778* |
| 10273 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | B | A | D | A | D | A | A | A | B | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2277 | Note Not Executed | No | Provide the executed Note that has been signed by the borrower; the file has a Note that belongs in a different loan file. | 7.7.2022-Clients response: July 6th 2022, 4:04:20 pmPlease see attached copy of the correct note, please clear the condition. 7.7.2022-Clayton's response: Upon further review the Note for the subject property has been received and has been executed by XXX. This is sufficient to clear the exception. Exception is satisfied. | 7.7.2022-Exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 2 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 8 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO score on approval is 778* |
| 10273 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | B | A | D | A | D | A | A | A | B | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2864 | Copy of Mortgage/Deed in file is incomplete | No | Provide the executed mortgage that has been notarized; the mortgage in the file does not belong to this borrower. | 7.7.2022-Clients response: July 6th 2022, 4:05:01 pmPlease see correct copy of the deed of trust. Please clear condition.7.7.2022-Clayton's response: Upon further review the executed Mortgage has been received and has signed by XXX. It is sufficient to clear the exception. Exception is satisfied. | 7.7.2022-Exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 2 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 8 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO score on approval is 778* |
| 10274 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines | |||||||||||||||
| 10275 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL100 | Legal document incorrect or incomplete | No | Provide page 2 of the Prepayment Addendum to the Note. Missing the second page and the borrowers execution of the document. | 7.7.2022 Client responded - Please see the attached page 2 of the Prepayment Addendum to the Note. Please clear the exception. 7.7.2022 Upon further review client sent page 2 with signatures to the Multistate Prepayment Addendum to the Note. Exception satisfied. | 7.7.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 71.40%; guideline maximum is 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 764; guideline minimum is 680. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The Borrower has had 0x30 for more than 12 months on the current Mortgage History. |
| 10426 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 811. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have lived at current Residence for 9 years. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good Credit history with no derogatory account. | |||||||||||||||
| 10276 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 2 years CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 80% is below guideline requirement of 85% for this program CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 701 | |||||||||||||||
| 10277 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the residence for 19.11 years. CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been in the same profession for 16.10 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 22.93%; guideline maximum is 50%. | |||||||||||||||
| 10361 | XXXXXX | PA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 17 years CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 714 | |||||||||||||||
| 10278 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 12 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 12 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 70.08 is below guideline requirement of 80% for this program. | |||||||||||||||
| 10362 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 70.88% guideline maximum is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 679; guideline minimum is 640. CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been employed in the same profession for 30 years. | |||||||||||||||
| 10279 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 724. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have lived at current residence for 6 years. CFCFS2854: Significant time in profession - Clayton Comments: B1 has been in line of work for 24 years. | |||||||||||||||
| 10280 | XXXXXX | MO | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 719 CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession - 7 years CFCFS1750: High potential for increased earnings - Clayton Comments: High potential for increased earnings - XXX per comps in rental market | |||||||||||||||
| 10281 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL100 | Legal document incorrect or incomplete | No | Provide the addendum to the purchase contract that shows the sales price as $XXX. | 7.13.2022-Clients response: July 13th 2022, 3:32:31 pmPlease see attached Counteroffer to $XXX Purchase Price. Please clear this exception.7.13.2022-Clayton's response: Upon further review the Seller Counter Offer No 1 has been received and shows the purchase price of $XXX. This is sufficient to clear the exception. Exception is satisfied. | 7.13.2022-Exception is satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 2 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in profession for over 2 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 70% is below guideline requirement of 75% for this program. |
| 10282 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Insurance | Satisfied | C | A | C | A | CRDINSR5351 | Insurance Effective date is greater than the transaction date | No | Missing Insurance with effective date same as closing date | 6.28.2022 Client responded - Please see attached Hazard Ins and Flood Ins which were effective XXX, loan funded XXX. Please clear this exception. 6.28.2022 Client sent Hazard Declaration showing policy effective date of XXX to XXX. Per the Post Closing Disbursement date is XXX. Exception satisfied. | 6.28.2022 Exception satisfied. | Not Applicable | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10282 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Insurance | Satisfied | C | A | C | A | CRDINSR5352 | Flood Effective date is greater than the transaction date | No | Missing Flood insurance with effective date as of date of closing | 6.28.2022 Client responded - Please see attached Hazard Ins and Flood Ins which were both effective XXX, loan funded XXX. Please clear this exception. 6.28.2022 Client sent in the Flood Insurance Declaration with effective dates of XXX through XXX. Loan disbursed on the XXX. Exception satisfied. | 6/28/2022 Exception satisfied. | Not Applicable | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10282 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Title | Satisfied | C | A | C | A | CRDTIL875 | Title Does Not Agree With Mortgage | No | Missing updated title with mortgage amount and Lender | 6.28.2022 Client responded - Please see attached Title Supplement which was in the file. Please clear this exception. Thank you6.28.2022 Client sent the Title supplement showing the buyer as XXX, Purchase Price $XXX Lender as XXX and Loan amount $XXX. Exception satisfied | 6.28.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10283 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Title | Satisfied | C | A | C | A | CRDTIL875 | Title Does Not Agree With Mortgage | No | Provide updated Title with correct borrower, loan amount and proposed insured. | 7.27.2022- Client Response- Provided loan policy with schedules A and B in borrowers name7.27.2022-Clayton Response- Provided documentation satisfies exception | 7.27.2022-Exception Satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 781. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good Credit history with no Derogatory Account. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in line of work for 5 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV: 75%Max LTV Allowable per Guideline : 90% CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 7 years. |
| 10054 | XXXXXX | MD | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is xxx. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have lived at current residence for xxx years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has lived at current for xxx years. | |||||||||||||||
| 10284 | XXXXXX | KS | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history - 0 lates CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 781 CFCFS1750: High potential for increased earnings - Clayton Comments: High potential for increased earnings - Uptick in rental market per comps | |||||||||||||||
| 10285 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Credit/Mtg History | Satisfied | C | A | C | A | CRDCRMH148 | Credit report stale dated at closing | No | Missing updated credit report with borrowers correct Social Security number. | 7.21.2022 Client provided credit report dated 6/17/2022 with incorrect Social Security Number per Final loan application. 7.21.2022 Exception remains. 7.25.2022 Client response: Please see attached credit report. On page 10 of report, it shows all three credit bureaus had the correct social; security number and information. Therefore report is still valid. Please clear the condition. 7.25.2022 Clayton response: Upon further review of credit report sufficient evidence of correct social security number for borrower. No alerts noted on Credit report and matches initial social security number by borrower. | 7.21.2022 Exception remains. Updated credit report dated 6/17/2022 does not reflect the borrowers correct social security number as reflected on the Final Loan Application initialed by borrower. 7.25.2022-Exception cancelled. 7.28.2022-Exception has been satisfied. | (No Data) | Not Applicable | CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Consumer credit history exceeds guidelines |
| 10286 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: Borrower 1 has been in the same profession for 15 years. Borrower 2 has been in the same profession for 12 years. CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for 3.10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 700; guideline minimum is 660. | |||||||||||||||
| 10363 | XXXXXX | AZ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 643. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 20 years CFCFS2854: Significant time in profession - Clayton Comments: Borrowers have been in line of work for 5 years. | |||||||||||||||
| 10364 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines | |||||||||||||||
| 10287 | XXXXXX | IL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2860: Good credit history - Clayton Comments: All open accounts are current CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 729 CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over a year | |||||||||||||||
| 10288 | XXXXXX | NJ | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 727. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good credit history with no derogatory account. CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit Report, Borrower has a positive mortgage payment history. | |||||||||||||||
| 10289 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Insurance | Satisfied | C | A | C | A | CRDINSR5351 | Insurance Effective date is greater than the transaction date | No | Provide a homeowner's declaration page showing the effective date of XXX; the day of closing. The HOI in the file has an effective date of XXX through XXX. | 7.7.2022-Clients response: July 6th 2022, 1:19:22 pmPlease see the attached homeowner's declaration page showing the effective date of XXX. Please clear the condition.7.7.2022-Clayton's response: Upon further review the Homeowners Declaration page has been received and shows the effective date of the policy as XXX through XXX. This is sufficient to clear the exception. Exception is satisfied. | 7.7.2022-Exception is satisfied. | Not Applicable | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job - 15 years CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI below guideline requirement - 30.70 / 46.46 CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 656 |
| 10290 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines | |||||||||||||||
| 10291 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Insurance | Satisfied | C | A | C | A | CRDINSR5351 | Insurance Effective date is greater than the transaction date | No | Provide updated Hazard Insurance Declaration. Insurance effective date is XXX. Disbursement date is XXX. | 7.12.2022 Client responded - Please see attached copy of policy of effective XXX - XXX.7.12.2022 Upon further review client sent the Hazard Insurance Declaration with effective dates of XXX through XXX. Disbursement date was XXX. Exception satisfied. | 7.12.2022 Exception satisfied. | Not Applicable | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 8 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 8 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 717 |
| 10292 | XXXXXX | WA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 10 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 7 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is < 30% | |||||||||||||||
| 10427 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | D | A | A | A | D | A | D | A | D | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL1817 | Final HUD-1 is incomplete or illegible | No | Provide the final HUD1 with all pages. The one in the file is cut off at the bottom on all pages. | 8.2.2022 Client responded - Please see attached complete copy of HUD-1, please clear the condition,8.3.2022-Client's response: Please see attached complete copy of HUD-1, please clear the condition, | 8.2.2022 -Clayton did not receive HUD. Client did not send HUD. Exception remains.8.3.2020-HUD1 received, exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines - $XXX CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 741 CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV below guideline requirements - 62.50 |
| 10427 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | D | A | A | A | D | A | D | A | D | A | A | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR100 | Missing Appraisal | No | Provide full appraisal with all pages; the one in the file is cut off at the bottom on all of the pages. | 8.2.2022 Client responded - Please see attached completed appraisal. Please clear the condition. 8.2.2022 Client sent in a complete appraisal. Exception satisfied | 8.2.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines - $XXX CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 741 CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV below guideline requirements - 62.50 |
| 10293 | XXXXXX | OR | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 749. CFCFS2860: Good credit history - Clayton Comments: Borrower has a good credit history with no derogatory account. CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV :$62.50Max LTV Allowable per guideline: 80% CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in line of work for 10 years. | |||||||||||||||
| 10294 | XXXXXX | GA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for 14.1 years. CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been in the same profession for 18.5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 757; guideline minimum is 600. | |||||||||||||||
| 10295 | XXXXXX | NJ | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Credit/Mtg History | Satisfied | D | A | D | A | CRDCRMH149 | Missing support docs for VOM/VOR (e.g. cancelled checks) | No | Missing satisfactory rental history past 12 months. LOE in file states rental contract is in the name of his mother. | 7.19.2022-Client's response: July 19th 2022, 12:27:27 pmPlease see attached rental leases in the name of the borrower's mother only. Please clear the condition. 7.19.2022-Clayton's response: Upon further review the Recertification Notice from the US Dept. of Housing and Urban Development and the Lease Amendment from the property manager XXX Management for the property located at XXX has been received and verifies the property has been leased and the monthly payments have been received; this is sufficient to clear the condition. Exception is satisfied. | 7.19.2022-Exception is satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10296 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 2 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 12 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 735 | |||||||||||||||
| 10365 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: Loan to value of 71.40% is below the max LTV for the loan program. CFCFS2860: Good credit history - Clayton Comments: Borrower has provided letters of reference from his bank in Europe. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrower has 8 months in reserves. | |||||||||||||||
| 10366 | XXXXXX | NJ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been in the same Profession for 15.6 years. CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for 8 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 651; guideline minimum is 640. | |||||||||||||||
| 10297 | XXXXXX | NJ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3662 | TRID - Corrected CD should have been provided; APR is less than APR three business days prior to closing by more than allowable tolerance | No | Clayton Pay stream has a APR of 7.6015%. Final CD dated 07/01/2022 #2 has an APR of 7.738%. This is a difference of 0.1365% is APR change, which exceeds the allowable tolerance change of 0.125%. There is not a valid Change of circumstance in file for change | 7/14/2022 - Client response : Please see the attached Final cd showing that the APR of 7.738% does not exceed tolerance which there is no change of circumstance. Please clear the exception.7/14/2022 - Clayton response : Client provided Final CD showing APR 7.738 dated 7/1/2022. CD dated 6/28/2022 APR is 7.681 which is a difference of .057, within tolerance. | 7/14/2022 - Exception satisfied. Upon further research APR difference is within .125 tolerance. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10298 | XXXXXX | IL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 703. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 8 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has being in job position for 5 years. | |||||||||||||||
| 10299 | XXXXXX | ID | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Title | Satisfied | C | A | C | A | CRDTIL875 | Title Does Not Agree With Mortgage | No | Provide updated Title showing property vested in XXX. Commitment in file shows property currently vested in XXX. There is no Quit Claim Deed showing transfer. Loan closed in the name of XXX. | 7.21.2022 Client provided Warranty Deed reflecting subject conveyed to XXX. | 7.21.2022 Satisfied. Client provided Warranty Deed reflecting subject conveyed to XXX. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV below guideline requirements - 41.13 CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 767 CFCFS1739: Postive mortgage payment history - Clayton Comments: Postive mortgage payment history - 0 lates |
| 10367 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Title | Satisfied | C | A | C | A | CRDTIL875 | Title Does Not Agree With Mortgage | No | Provide updated title showing XXXas insured. Preliminary title shows property vested in Trust No. XXX dated XXX, XXX | 7.28.2022-Clients response: July 28th 2022, 12:53:37 pmPlease see attached quit claim deed granting interest to XXX, please clear the condition. | 7.28.2022: Documents received; exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 34 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 64.60% is below guideline requirement of 75% for this program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 742. |
| 10368 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been employed in the Same Profession for 16 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 83.08%; guideline maximum is 90%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 720; guideline minimum is 700. | |||||||||||||||
| 10300 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Provide a CPA letter that states the percentage of the business, XXX, that the borrower owns. | 7.7.2022-Clients response: July 6th 2022, 1:39:49 pmPlease see the attached Business License for XXX bwr is the sole owner. Please clear the exception.7.7.2022: Clayton's response: Upon further review the business license for XXX shows that the borrower has sole ownership and this is sufficient to clear the exception. Exception is satisfied. | 7.7.2022: Exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 18 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 744 CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI < 25% |
| 10300 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC890 | Employment is Unsupported by Documentation in File | No | Provide the borrowers business license for the business XXX | 7.7.2022-Clients response: July 6th 2022, 1:34:59 pmPlease see the attached Business License. please clear the exception. 7.7.2022-Clayton's response: Upon further review the business license for XXX has been received and is sufficient to clear the exception. Exception is satisfied. | 7.7.2022: Exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 18 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 744 CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI < 25% |
| 10428 | XXXXXX | NJ | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 20 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 29.76% is below guideline requirement of 75% for this program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 774 | |||||||||||||||
| 10429 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 764. CFCFS2860: Good credit history - Clayton Comments: Per Credit report, Borrower has a good credit history with no derogatory account. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 20 years. CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit Report, Borrower has a positive mortgage payment history. | |||||||||||||||
| 10301 | XXXXXX | MI | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Insurance | Satisfied | D | A | D | A | CRDINSR3278 | Hazard Insurance documentation in file is incomplete | No | Provide updated Hazard Insurance with updated effective dates and premium amounts with XXX as the mortgagee. File contains an outdated policy. | 7.21.2022 Client provided Hazard Binder with effective date XXX - XXX, 2021 Policy reflected is pain in full with renewal policy XXX premium due of $XXX. Binder reflects XXX as mortgagee. | 7.21.2022 Satisfied. Client provided Hazard Binder with effective date XXX - XXX, 2021 Policy reflected is pain in full with renewal policy XXX premium due of $XXX. Binder reflects XXX as mortgagee. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history |
| 10055 | XXXXXX | MA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 723. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 5 years. CFCFS2860: Good credit history - Clayton Comments: Per Credit report, Borrower has a good credit history with no derogatory account. CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit Report, Borrower has a positive mortgage payment history. | |||||||||||||||
| 10302 | XXXXXX | MA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 726. CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit Report, Borrower has a positive mortgage payment history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Calculated Assets: $XXXFunds to close: $XXX | |||||||||||||||
| 10430 | XXXXXX | IL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 731 CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good credit history with no derogatory account. CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV: 71.40Max LTV allowable per guideline:80% CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit Report, Borrower has a positive mortgage payment history. | |||||||||||||||
| 10303 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 703; guideline minimum is 680. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 70%; guideline maximum is 80%. CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for 2.1 years. | |||||||||||||||
| 10304 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Provide the license for the borrowers business and a letter from their CPA or Accountant stating the percentage of the business is owned by the borrowers. | 7.15.2022 Client responded - The borrowers is not XXX, they are an independent contractor and receive a 1099 at the end of the year. Please see the attached voe email from the employer. Please clear the condition.7.15.2022 Upon further review client sent in email from company the borrower's work for. They are independent contractors receiving 1099 at the end of the year. There are XXX Questionnaires in the file for both borrowers. Email from company verifying SSN, positions and start dates for each borrower. Exception satisfied | 7.15.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been in the same profession for 4 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrower credit score is 758; guideline minimum is 700. CFCFS2860: Good credit history - Clayton Comments: The Borrowers has had 0x30 on the consumer credit history for more than 24 months. |
| 10305 | XXXXXX | MD | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good Credit History with no derogatory account. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 711. CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV: 76.50Max LTV Allowable per Guideline:80% | |||||||||||||||
| 10056 | XXXXXX | IN | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Provide the borrower's business license and a letter from a CPA/Accountant verifying the percentage of the business owned by the borrower. | 7.15.2022-Clients response:July 15th 2022, 1:24:44 pmPlease see the attached Business License borrower is 100% ownership . Please clear the condition.7.15.2022-Clayton's response: Upon further review the business license for XXX., has been received and is sufficient to show that the borrower owns 100% of the business. Exception is satisfied. | 7.15.2022-Exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 732. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for over 3 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in line of work for 13 years. CFCFS2860: Good credit history - Clayton Comments: Borrower has a good credit history with no derogatory account |
| 10120 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxxyears. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is xxx CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. | |||||||||||||||
| 10306 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | Missing Articles of Organization and Operating Agreement, By Laws and Copy of Resolution authorizing the signing officer. | 7.7.2022-Clients response:July 6th 2022, 12:52:58 pmPlease see attached articles showing XXX as authorized agent of the company. Please clear condition. 7.7.2022-Clayton's response: Upon further review the Articles of Organization for XXX has been received and is sufficient to clear the condition. Exception is satisfied.July 6th 2022, 12:52:58 pmPlease see attached articles showing XXX as authorized agent of the company. Please clear condition. | 7.7.2022-Exception is satisfied. | (No Data) | Not Applicable | CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10307 | XXXXXX | NE | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 695; guideline minimum is 680. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The Borrower has had 0x30 for more than 12 months on the Mortgage. | |||||||||||||||
| 10308 | XXXXXX | AZ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Provide the business license for the borrowers business and a letter from the CPA or Accountant stating the percentage of the business that the borrower owns. | 7.21.2022 Client responded - Please see attached Business License which shows borrower is 100% owner of the business. Please clear this exception. 7.21.2022 Upon further review, business license reflects borrower is sole owner of entity. Exception satisfied. | 7.21.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 22 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 4 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 33.71% is below guideline requirement of 80% for this program. |
| 10431 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Title | Satisfied | C | A | C | A | CRDTIL875 | Title Does Not Agree With Mortgage | No | Missing updated title with mortgage amount | 7.15.2022-Clients response: July 15th 2022, 12:12:34 pmPlease see attached Title Supplement. Please clear this exception. 7.15.2022-Clayton's response: Upon further review the title supplement showing the loan amount of $XXX and is sufficient to clear the exception. Exception is satisfied. | 7.15.2022-Excpetion is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV below guidelines requirements CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10309 | XXXXXX | NC | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Provide the business license for the borrower's business XXX | 7.12.2022 Client responded - Please see the attached Business License . Please clear the exception. 7.12.2022 Upon further review client sent in the business license for Activist XXX date formed XXX. This corresponds to the 1003 (above exception should have been XXX.) Exception satisfied. | 7.12.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 708. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current Residence for 3 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV: 47Max LTV Allowable per Guideline : 80% |
| 10369 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Insurance | Satisfied | D | A | D | A | CRDINSR3278 | Hazard Insurance documentation in file is incomplete | No | Need premium documented on dec page. | 8.2.2022 Client responded - Please see attached policy with premium listed. Please clear the condition. 8.2.2022 Client sent in EOI that included the premium for the subject property. Exception satisfied | 8.2.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 763 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines - $XXX CFCFS1750: High potential for increased earnings - Clayton Comments: High potential for increased earnings - Per comps high uptick for rental property |
| 10369 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2277 | Note Not Executed | No | Note in file for subject not executed. | 8.2.2022 Client responded - Please see attached executed note with addendums. Please clear the condition. 8.2.2022 Client sent the fully executed Note with addendums. Exception satisfied. | 8.2.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 763 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines - $XXX CFCFS1750: High potential for increased earnings - Clayton Comments: High potential for increased earnings - Per comps high uptick for rental property |
| 10369 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2420 | Missing HUD-1 (Final and Estimated) | No | Missing HUD-1 for subject. | 8.2.2022 Client responded - Please see attached HUD. Please clear the condition. 8.2.2022 Client sent the final HUD. Exception satisfied | 8.2.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 763 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines - $XXX CFCFS1750: High potential for increased earnings - Clayton Comments: High potential for increased earnings - Per comps high uptick for rental property |
| 10369 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL806 | Notary Status is missing | No | Deed of trust is missing notary signed/stamped page | 8.2.2022 Client responded - Please see attached Deed of Trust. Please clear the condition8.2.2022 Client sent the fully executed Mortgages with the Notary signed and stamped page. Exception satisfied | 8.2.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 763 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines - $XXX CFCFS1750: High potential for increased earnings - Clayton Comments: High potential for increased earnings - Per comps high uptick for rental property |
| 10369 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | LTV/CLTV | Active | B | B | B | B | CRDLTV3026 | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | NPRA exceeds loan amount max of 70% | 7.29.2022- Sr. Clayton U/W reviewed file for loan amount exceeding 70% NPRA. This exception is deemed non-material with lender exception form in file due to the compensating factors below. Credit score 763, DSCR >1%, investor experience. Exception remains, material changed to non-material. | 7.29.2022 Exception Remains | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 763 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines - $XXX CFCFS1750: High potential for increased earnings - Clayton Comments: High potential for increased earnings - Per comps high uptick for rental property |
| 10370 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL1817 | Final HUD-1 is incomplete or illegible | No | Provide all pages of the HUD1 or Closing CD. The first page is missing. | 8.5.2022-Client Response- Provided all pages of CD8.5.2022-Clayton Response- Provided documentation satisfies exception | 8.5.2022- Exception Satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 2 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 58.74% is below guideline requirement of 70% for this program. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 13 years. |
| 10005 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL4033 | Missing Legal Document(s) | No | Missing signed sales addendum to contract reducing sale price to match appraised value of $XXX | 7.19.2022-Clients response: July 18th 2022, 10:52:27 amPlease see attached Addendum for Purchase Price XXX. Please clear this exception. 7.19.2022-Clayton's response:Upon further review the Addendum to the Contract showing the purchase price of $XXX and signed by all parties has been received and reviewed. Exception is satisfied. | 7.19.2022-Exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI below guideline requirement |
| 10310 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 787 CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit report, Borrower has a positive mortgage payment history. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 3 years. | |||||||||||||||
| 10371 | XXXXXX | NM | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 737. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has had Job Position since XXX CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 2 years. | |||||||||||||||
| 10311 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 80%; guideline maximum is 90%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 746; guideline minimum is 700. CFCFS1734: Borrower has significant time at current job - Clayton Comments: B1 has been Employed with the current employer since 2017. B2 has been XXX in the same profession since 2012. | |||||||||||||||
| 10432 | XXXXXX | GA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history | |||||||||||||||
| 10372 | XXXXXX | WA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3552 | TRID - Loan Estimate not timely | No | Initial application was taken XXXthe intiial LE was not issued until XXX. Greater than the required 3 days | 7/26/2022 - Client response - Please see attached initial 1003 showing date was actually XXX. Putting us within compliance. Please clear the condition. 7/27/2022 - Clayton Response - There are multiple 1003's in the file XXX and XXX. Client insists that XXXis the Initial application date with the 1003 the sent. | 7/27/2022 - Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 10 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 9 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 733 |
| 10373 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Provide Initial CD received by borrower at least 3 business days prior to closing.Earliest CD in file dated XXX, closing date XXX | 8/2/2022 - Client Response - Please see the attached Initial CD received by borrower at least 3 business days prior to closing. Please clear the exception. 8/2/2022 - Clayton Response - Client provided CD dated XXX with Doc magic E-sign certificate dated XXX. Exception satisfied. | 8/2/2022 - Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for 17 years. CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been employed in the industry for 10 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 65.41%; guideline maximum is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 718; minimum credit score is 660. |
| 10433 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at the same residence for over 3 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 75% is below guideline requirement of 80% for this program. CFCFS2860: Good credit history - Clayton Comments: All open accounts are current | |||||||||||||||
| 10374 | XXXXXX | OR | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | A | A | C | B | A | A | C | B | A | A | C | B | A | A | Property Valuations | Property | Active | C | B | C | B | PRVAPROP2556 | Acreage exceeds property eligibility guidelines | No | Loan program allows for rural property up to XXX acres; the subject property is XXX acres. | 7.25.2022 Client responded - Please see attached Approved Loan Exception. Please clear this exception. 7.25.2022 Clayton Sr. U/W additional review. Subject property is XXX, exceeds guideline by .77. Compensating factors to support file approved by management. Compensating factors for this file are the LTV of 65%, high fico 734 and 22 months of reserves. The exception remains, however the securitization grade is changed from material to non-material. Lender Exception approved in the file. | 7.25.2022: Exception remains; deemed non-material. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI below guideline requirement - 23.84 / 31.46 CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV below guideline requirements - 65.00 CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 734 |
| 10434 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Assets | Satisfied | D | A | D | A | CRDAST2670 | Asset documentation is insufficient per guideline requirements | No | Provide 2 months Bank statements for the account ending in XXX. | 7.22.2022 Client responded - Investor X guidelines state that funds to close must be seasoned for 10 days, they do not require 60 day seasoning for account XXX. Please clear condition. 7.22.2022 Upon further review The XXX account #XXX that is within 10 days of closing. Exception satisfied. | 7.22.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has had 0x30 on the current mortgage. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrower credit score is 666; guideline minimum is 660. CFCFS2860: Good credit history - Clayton Comments: The Borrower has good history 0x30 for more than 24 years. |
| 10434 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Title | Satisfied | C | A | C | A | CRDTIL875 | Title Does Not Agree With Mortgage | No | Provide updated Title showing the correct loan amount $XXX and updated Borrower XXX. Title in file is showing XXX as the borrower and loan amount of $XXX. | 7.22.2022 Client responded - Please see attached final title policy. Please clear the condition.7.22.2022 Upon further review client sent in updated Title Schedule A verifying loan amount of $XXX with borrower XXX, single man. Exception satisfied | 7.22.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has had 0x30 on the current mortgage. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrower credit score is 666; guideline minimum is 660. CFCFS2860: Good credit history - Clayton Comments: The Borrower has good history 0x30 for more than 24 years. |
| 10375 | XXXXXX | CO | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI below guideline requirements CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserve exceed guidelines | |||||||||||||||
| 10312 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 787 CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV below guideline requirements - 70.00 CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history exceeds guidelines - 0 lates | |||||||||||||||
| 10313 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for 8 years. CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been employed in the same profession for 32.1 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 34.74%; guideline maximum is 50%. | |||||||||||||||
| 10314 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrowers have resided at the current residence for 8 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: The Borrower has been XXX with the same company for 32 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 36.70%; guideline maximum is 50%. | |||||||||||||||
| 10315 | XXXXXX | WA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for 28 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 692; guideline minimum is 660. CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been in the same profession for 3.5 years. | |||||||||||||||
| 10057 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been Self Employed with current employer for xxx years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The LTV is xxx%; the Borrowers credit score is xxx; guideline minimum is xxx. CFCFS1737: LTV below guideline requirements - Clayton Comments: The LTV is xxx%; guideline maximum with the credit score is xxx%. | |||||||||||||||
| 10376 | XXXXXX | ID | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 793. CFCFS2854: Significant time in profession - Clayton Comments: B2 has been in line of work for 15 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV: 61.86Max LTV Allowable per Guideline: 90% CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good credit history with no derogatory account. | |||||||||||||||
| 10316 | XXXXXX | TN | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 716 CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 6 years. CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit Report, Borrower has a positive mortgage payment history. CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV: 66.04Max LTV Allowable per Guideline: 75% | |||||||||||||||
| 10377 | XXXXXX | PA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Assets | Satisfied | D | A | D | A | CRDAST2670 | Asset documentation is insufficient per guideline requirements | No | Provide a Gift letter and supporting documentation that the funds were received by the borrower for this loan transaction. The gift of $XXX was included on the final HUD1. | 7.22.2022 - Client responded - Please see the attached Gift letter and supporting documentation that the funds were received by the borrower for this loan transaction for $XXX. Please clear the exception.7.22.2022 Upon further review client sent a copy of the Gift Letter for $XXX from brother. and copy of Incoming Wire Transfer verifying $XXX. Exception satisfied | 7.22.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score 660. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in line of work for 6 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV: 64.56Max LTV Allowable per Guideline: 85% |
| 10139 | XXXXXX | NJ | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL1817 | Final HUD-1 is incomplete or illegible | No | Provide the signed HUD1 or Closing Statement. File is missing the document that has been executed by the borrower. | xxx-Clients response: xxx am Please see the attached final HUD1 please clear the exception | xxx Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid score per CBR. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: xxx months of reserves in file. |
| 10139 | XXXXXX | NJ | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2277 | Note Not Executed | No | Missing signed Note in file. | xxx-Clients response: xxx am Please see the executed note. Please clear the condition | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid score per CBR. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: xxx months of reserves in file. |
| 10435 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 687. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for over 4 years. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good credit history with no derogatory account. CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV: 65%Max LTV Allowable per Guideline: 80% | |||||||||||||||
| 10378 | XXXXXX | UT | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 658. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for over 3 years CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in line of work for 15 years. | |||||||||||||||
| 10058 | XXXXXX | PA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for over xxx years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx. Required reserves; $xxx = $xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx; minimum required is xxx. | |||||||||||||||
| 10317 | XXXXXX | PA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 795. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have lived at current residence for over 2 years CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit Report, Borrower has a positive mortgage payment history. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good credit history with no derogatory account. | |||||||||||||||
| 10318 | XXXXXX | PA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | 1007 Rent Schedule states Rent as $XXXPlease Provide the correct Rent Schedule. | 7.7.2022 Client responded - Please see revised rent schedule. Please clear the condition.7.7.2022 Upon further review client sent in an updated 1007 form with Market rent XXX. This makes the DSCR $XXX / XXX = 1.0743 no changes to loan. Exception satisfied. | 7.7.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 795. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have lived at current residence for over 2 years. CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit, Borrower has a positive mortgage payment history. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good credit history with no Derogatory account. |
| 10318 | XXXXXX | PA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3122 | Loan documents do not meet guideline requirements | No | Missing the Operating Agreement, Articles of Organization and signed Personal Guaranty's for XXX. verifying ownership for XXX and XXX. | 7.8.2022 Client responded - Please see attached personal guaranties with operating agreement. 7.8.2022 Upon further review the client sent in the signed Person Guaranty's by XXX and XXX 50%/50% owners of XXX per the Operating Agreement that was sent. Exception satisfied | 7.8.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 795. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have lived at current residence for over 2 years. CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit, Borrower has a positive mortgage payment history. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good credit history with no Derogatory account. |
| 10379 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Assets | Satisfied | C | A | C | A | CRDAST205 | Insufficient Funds to Close | No | Missing updated bank statements evidencing cancelled earnest deposit of $XXXplus sufficient liquid funds to close | 7.22.2022 Client responded - Please see attached XXX Response. Please clear this exception. 7.22.2022 Clayton did not receive the response. Exception remains. 7.22.2022 Clients response 7/22/2022 at 5:20 pm: Please see attached XXX Response. Please clear this exception 7.25.2022 Clayton response: Clayton did not receive the response. Exception remains7.27.2022 Client responded - Please see attached XXX Response (3rd upload). Please clear this exception7.27.2022 Upon further review client sent Receipt of Wire Funds from XXX totaling $XXX. Exception satisfied.7.29.2022-July 28th 2022, 10:51:28 am Please see attached - Response which includes corresponding bank statements. Please clear this exception.7.29.2022-Clients response: August 2nd 2022, 10:34:36 amPlease see attached Evidence of deposit for $XXX in the XXX acct#XXX. Please clear this exception. | 7.22.2022 Exception remains client did not send documents or XXX response.7.22.2022 Exception remains client did not send documents or XXX response.7.27.2022 Exception satisfied.7.29.2022-Please provide evidence of the deposit of $XXX in the XXX account #XXX or the June bank account #XXX. Exception remains.8.3.2022: HUD1 received showing $XXX in sales proceeds. Exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines |
| 10379 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Assets | Satisfied | C | A | C | A | CRDAST3078 | Insufficient # of months cash reserves for PITI per guideline requirements | No | Missing updated bank statements evidencing sufficient liquid assets to close plus 6 months reserves | 7.22.2022 Client responded - Please see attached XXX Response. Please clear this exception.7.25.2022 Client response at 5:21 pm: Please see attached XXXResponse. Please clear this exception 7.27.2022 Client responded - Please see attached XXX Response (3rd upload). Please clear this exception7.27.2022 Upon further review client sent in UW review of a bank statement with a balance of $XXX dated 6/15/202July 28th 2022, 10:51:28 am Clients Response:Please see attached - Response which includes corresponding bank statements. Please clear this exception. 8.3.2022-Clients response: August 2nd 2022, 10:32:26 amPlease see attached Evidence of deposit for $XXX in the XXX acct#XXX. Please clear this exception. | 7.22.2022 Clayton did not receive XXX response. Exception remains7.22.2022 7.25.2022 Clayton response: Clayton did not receive the response. Exception remains7.25.2022 . There is no reference to the name of the bank or the actual account #. Please provide a bank statement to correspond with this information. Exception remains7.27.2022 Exception remains.8.3.2022-Document received, exception satisfied. See comments U/W. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines |
| 10379 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Credit/Mtg History | Satisfied | D | A | D | A | CRDCRMH149 | Missing support docs for VOM/VOR (e.g. cancelled checks) | No | Missing satisfactory mortgage history and or proof current residence is owned free and clear | 7.22.2022 Client responded - Please see attached Proof Cur Res at XXX is owned Free and Clear. Please clear this exception7.22.2022 Upon further review client sent in Title showing for the property XXX there is no conveyances affecting the property None of Record. Exception satisfied. | 7.22.2022 j Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines |
| 10379 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL4033 | Missing Legal Document(s) | No | Missing updated signed addendum to sale contract evidencing reduced sales price back to $XXX, after signed counter offer dated XXX | 7.22.2022 Client responded - Please see attached Purchase Agreement with $XXX purchase price. Please clear this exception. 7.22.2022 Upon further review client sent in updated Purchase Contract showing the sales price of $XXX on page 12. Exception satisfied. | 7.22.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines |
| 10379 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3122 | Loan documents do not meet guideline requirements | No | By Laws of XXX. does not indicate the % of ownership for XXX, XXXand XXX. Provide a breakdown of the % owned by each.The Personal Guaranty in file was signed by XXX. If the other two from the the Bylaws own more than 25% each they will be required to sign a personal guaranty per the guideline requirements. | 7.22.2022 Client responded - Please see attached Shareholders Agreement which shows the percentages of ownership breakdown. Please clear this exception. 7.22.2022 Upon further review client sent in Shareholders Agreement verifying XXX owns 52% of the Corporation. XXX and XXX own 24% each and are not required to sign a personal guaranty. Exception satisfied. | 7.22.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines |
| 10379 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Title | Satisfied | C | A | C | A | CRDTIL875 | Title Does Not Agree With Mortgage | No | Missing updated title reflecting borrowers name, Lender and mortgage amount | 7.22.2022 Client responded - Please see attached Title Supplement with all correct Sch A information. Please clear this exception7.22.2022 Upon further review the client sent in updated Title Supplement verifying borrower as XXX., Loan amount $XXX Purchase Price $XXX and lender as XXX. Exception satisfied. | 7.22.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines |
| 10319 | XXXXXX | MA | (No Data) | ATR/QM: Exempt | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | Property Valuations | Property | Satisfied | C | A | C | A | PRVAPROP177 | Property Issues Indicated | No | Provide updated appraisal or addendum to the appraisal stating the property is not rural. Rural properties are not allowed in the XXX purchase program with XXX income. Please note: There are 3 Rental properties within 1 mile of subject and 3 comparable properties within 2 miles of subject property. | 7.15.2022 Client responded - Please see the attached exception for the rural property. Please clear the exception. 7.15.2022 Upon further review client sent in a Loan Exception form with Management Approval for allowing rural property for the XXX program with XXX income. Approving with property on XXX lot with most sales and rental comps within 1-1.5 miles of subject. Exception satisfied | 7.15.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 6 years. CFCFS2860: Good credit history - Clayton Comments: All open accounts are current CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 729 |
| 10320 | XXXXXX | NE | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS2860: Good credit history - Clayton Comments: Good credit history | |||||||||||||||
| 10059 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3658 | TRID - Corrected CD should have been provided; APR is greater than APR 3 business days prior to closing by more than allowable tolerance | No | CD dated xxx has an APR of xxx%, while CD dated xxx has an APR of xxx%. This is a difference of xxx% change in APR which exceeds the tolerable change allowance of xxx% in APR. | xxx - Client response - A COC was executed on xxx, relocking the interest rate a half percent higher while simultaneously eliminating the discount fee. Please see attached COC document and signed CD issued xxx. | xxx - xxx conclusion - Exception satisfied, client supplied COC for change in APR that was not in the original loan file. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence xxx CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines xxx CFCFS2860: Good credit history - Clayton Comments: Good credit history xxx CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines xxx |
| 10380 | XXXXXX | MD | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 643 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines - $XXX CFCFS1750: High potential for increased earnings - Clayton Comments: High potential for increased earnings - Per comps, XXX in rental income | |||||||||||||||
| 10060 | XXXXXX | NJ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero Tolerance Fee of $XXX due to Credit Report-in file fee increased from /initial CD dated XXX to Revised CD dated XXX. Missing a valid Change of Circumstance, or Post Close CD, LOX and copy of refund check to borrower.Please provide any of the following: Change of Circumstance, LOX and copy of refund check to borrower. | 8/4/2022 - Client response - Please see attached LOE, PCCD, check image and FedEx label. Please clear this exception. | 8/5/2022 - Exception satisfied, Client provided LOX, PCCD and refund check for $XXXfor undisclosed fees. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 10 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 33 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 81.10% is below guideline requirement of 85% for this program. |
| 10714 | XXXXXX | OR | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years at current residence. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx | |||||||||||||||
| 10061 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines - $xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - xxx CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI below guideline requirement - xxx | |||||||||||||||
| 10381 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines | |||||||||||||||
| 10382 | XXXXXX | NC | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1745: Significant total monthly debt reduction - Clayton Comments: Significant total monthly debt reduction | |||||||||||||||
| 10062 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is xxx; guideline minimum is xxx. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: The borrower has had xxx for the past xxx months on the consumer credit history. CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been Self Employed in the same Profession for xxx | |||||||||||||||
| 10436 | XXXXXX | GA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Assets | Satisfied | C | A | C | A | CRDAST205 | Insufficient Funds to Close | No | Missing proof of sufficient liquid assets to close plus reserves from sale of a property unknow and or refinance of property evidencing cash out of $XXX per Lenders approval | 7.26.2022 Client responded - Please see the attached proof of assets and reserves from a previous sale. Please clear the condition. 7.26.2022 Upon further review client sent a copy of the Final HUD and Final Closing Disclosure dated XXX that verifies cash to borrower, XXX in the amount of $XXX. Disbursement date for subject property is XXX. Exception satisfied. | 7.26.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Consumer credit history exceeds guidelines |
| 10436 | XXXXXX | GA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Assets | Satisfied | C | A | C | A | CRDAST3078 | Insufficient # of months cash reserves for PITI per guideline requirements | No | Missing sufficient liquid assets and reserves | 7.26.2022 Client responded - Please see the attached hud 1 from previous sale to reference sufficient liquid assets to close plus reserves from sale of a refinance of property evidencing cash out of $XXX per Lenders approval7.26.2022 Upon further review client sent HUD for cash out refinance on another property that closed XXX verifying funds in the amount of $XXX cash to our borrower. This covers the $XXX in liquid assets to cover assets to close. Exception satisfied. | 7.26.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Consumer credit history exceeds guidelines |
| 10436 | XXXXXX | GA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Assets | Satisfied | D | A | D | A | CRDAST2354 | Asset Verification In File is Incomplete Per Requirements | No | Missing copy of HUD1 for sale of a property for sufficient liquid assets to close per 1003 comments although no property address and or copy of HUD1 for cash out refinance of a property evidencing $XXX cash out per Lender's approval | 7.26.2022 Client responded - Please see the attached HUD 1 FROM PREVIOUS SALE for cash out per lenders approval 7.26.2022 Upon further review client sent HUD for cash out refinance on another property that closed XXX verifying funds in the amount of $XXX cash to our borrower. This covers the $XXX in liquid assets to cover assets to close. Exception satisfied. | 7.26.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Consumer credit history exceeds guidelines |
| 10436 | XXXXXX | GA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL100 | Legal document incorrect or incomplete | No | Provide the final HUD1 or the Closing Disclosure. | 7.25.2022 Client response: Please see the attached Final Hud 1. Please clear the exception. | 7.25.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Consumer credit history exceeds guidelines |
| 10063 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL100 | Legal document incorrect or incomplete | No | Provide a fully executed Personal Guaranty for xxx owning xxx% of xxx Guidelines require all owners with xxx% or more to sign a Personal Guaranty. Both xxx% and xxx% have signed the Personal Guaranty. Note: The file contains a Corporate Resolution where xxx is granting all signing rights to xxx for the purchase of investment property: xxx | xxx-Personal Guarantee received | Exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines xxx CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV below guidelines requirements xxx CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence xxx |
| 10121 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 15 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 32 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 62.61% is below guideline requirement of 70% for this program | |||||||||||||||
| 10383 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines xxx CFCFS2860: Good credit history - Clayton Comments: Good credit history xxx CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history xxx CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines xxx | |||||||||||||||
| 10384 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Assets | Satisfied | C | A | C | A | CRDAST206 | Asset Amounts Are Unsupported by Documentation in File | No | Please provide the supporting documentation for the gifts that the borrower received; completed gift letters are in the file. Provide the evidence of the giftor's ability to give the funds and receipt of the funds to the borrower. | 7.29.2022 Client responded - Please see the attached supporting documents for the gifts the borrower received . Please clear the exception.7.29.2022 Client sent in Account Details for 5 separate gifts totaling $XXX. Exception satisfied | 7.29.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 682. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good credit history. CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV: 80%Max LTV allowable per Guideline: 85% |
| 10385 | XXXXXX | UT | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 769 CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession - 13 years CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI below guideline requirement - 19.91 / 33.73 | |||||||||||||||
| 10437 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines | |||||||||||||||
| 10039 | XXXXXX | ME | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | Missing xxx xxx to support deposit and income used for xxx | xxx Client responded - Please see the attached Missing xxx to support deposit and income used for xxx. Please clear the exception. | xxx Client sent in the xxx supporting the deposit and income used for xxx. Exception Satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history xxx |
| 10386 | XXXXXX | NJ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | A | A | A | A | CMPTRID5293 | TRID Not all required seller-paid fees were disclosed on the CD | No | Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. This exception is informational per Clayton Compliance department. Exception Satisfied. | (No Data) | Exception Satisfied. | Numeric | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceed guidelines CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI below guideline requirement CFCFS2860: Good credit history - Clayton Comments: Good credit history |
| 10386 | XXXXXX | NJ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Credit/Mtg History | Active | B | B | B | B | CRDCRMH3000 | # of Tradelines Does Not Meet Guideline Requirements | No | Trade line does not meet 24 month requirement per guideline. Trade line reflected on Credit report is for 23 months. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceed guidelines CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI below guideline requirement CFCFS2860: Good credit history - Clayton Comments: Good credit history |
| 10387 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: B2 has been employed in the same profession for 15 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 30.22; guideline maximum is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 707; guideline minimum is 600. | |||||||||||||||
| 10064 | XXXXXX | NJ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 3 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in same profession for over 15 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 722 | |||||||||||||||
| 10065 | XXXXXX | AZ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Consumer credit history exceeds guidelines CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI below guideline requirement | |||||||||||||||
| 10438 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Income/Employment | Active | C | B | C | B | CRDINC888 | Income Amount is Unsupported by Documentation in File | No | Provide letter from CPA/Accountant to verify the percentage of the business at XXX that the borrower owns; in order to calculate the monthly income. | (No Data) | 8.12.2022-Sr. Clayton underwriter has reviewed the approved Loan Exception for waiving the CPA/EA/Tax preparer letter to determine the expense factor of the business. Letter of explanation from the business explaining how it generates income. Based on LOE, expense factor has been approved at 85%. However, exception remains and is deemed non-material due to the expense factor not being a fatal issue. Compensating factors on the file are high fico 752/755, XXX for 16 years, and mortgage history 0 x 30. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 15 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 752 CFCFS2860: Good credit history - Clayton Comments: All open accounts are current |
| 10438 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL100 | Legal document incorrect or incomplete | No | Provide Signed and dated Personal Guaranty for XXX. Company Agreement for XXX #1, LLC in file shows XXX as 33% owner of the LLC. Guideline requires all owners with more than 25% ownership sign a personal guaranty. File contains an unsigned Personal Guaranty. | 8.2.2022 Client responded - Please see the attached Personal Guaranty for XXX. Please clear the condition.8.2.2022 Client sent a fully executed Personal Guaranty for XXX. Exception satisfied. | 8.2.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 15 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 752 CFCFS2860: Good credit history - Clayton Comments: All open accounts are current |
| 10388 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided in the current home for 4.2 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 687; guideline minimum is 660. CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been in the same profession since XXX. | |||||||||||||||
| 10389 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Title | Satisfied | C | A | C | A | CRDTIL875 | Title Does Not Agree With Mortgage | No | Missing updated title to include borrowers names, mortgage amount and lender | 7.29.2022 Client responded - Please see attached title supplement showing the proposed insured and borrower. Please clear the condition.7.29.2022 Client sent in updated title showing borrower, XXX, Proposed insured, XXX and Loan amount $XXX. Exception satisfied | 7.26.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1745: Significant total monthly debt reduction - Clayton Comments: Significant total monthly debt reduction CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history |
| 10390 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero Tolerance Fee of $XXX due to (Appraisal Fee) increased from LE to CD. Missing a valid Change of Circumstance, or Post Close CD, LOX and copy of refund check to borrower. | 8/3/2022 - Client response - Please see attached COC form detailing raise of app fee from XXX to XXX . Please clear the condition. | 8/5/2022 -Exception satisfied, Client provided COC showing $XXX change in Appraisal fee. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 54.22%; guideline maximum is 65% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 614; guideline minimum is 600. CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for 10.6 years. |
| 10391 | XXXXXX | OR | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Please provide the business license for XXX AND a letter from a CPA or Accountant that gives the percentage of ownership for the borrower. | 7.27.2022 Client responded - Please see attached business license and CPA letter showing percentage of ownership. 7.27.2022 Upon further review client sent in Verification of Business and the CPA letter showing XXX has XXX% ownership in XXX. Exception satisfied. | 7.27.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 762; guideline minimum is 640. LTV is 67.62%. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 67.62%; guideline maximum is 90%. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: The Borrower has had 0x30 for more than 24 months on the consumer credit history. |
| 10391 | XXXXXX | OR | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Title | Satisfied | D | A | D | A | CRDTIL865 | Title incomplete | No | Provide the complete title commitment with all schedules showing the correct proposed borrower and the lender with the correct loan amount of $XXX. | 7.27.2022 Client responded - Please see attached final title policy with updated loan amount. Please clear the condition. 7.27,2022 Upon further review client sent in Final Title Policy Verifying property is vested in the name of XXX and the amount of insurance is $XXX. Exception satisfied. | 7.27.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 762; guideline minimum is 640. LTV is 67.62%. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 67.62%; guideline maximum is 90%. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: The Borrower has had 0x30 for more than 24 months on the consumer credit history. |
| 10439 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | C | A | D | A | D | A | A | A | C | A | Compliance | RESPA | Satisfied | C | A | C | A | CMPRESPA3008 | RESPA - HUD1 Settlement Statement not completed in Accordance with RESPA requirements | No | The document is found in the file; but it is illegible therefore we can not use it to complete the review. | 8/2/2022 - Please see attached HUD. Please clear the condition. 8/2/2022 - Client sent updated Settlement statement. Exception satisfied. | 8/2/2022 - Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have lived at current residence for 6 years. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good credit history with no derogatory account. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 773. |
| 10439 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | C | A | D | A | D | A | A | A | C | A | Credit | Assets | Satisfied | C | A | C | A | CRDAST206 | Asset Amounts Are Unsupported by Documentation in File | No | Lender using the Cash to borrower for the Asset documentation. HUD is illegible and The Closing Disclosure is not executed. Unable to determine if the cash to borrower is correct and meets the guideline requirements for reserves. | 8.3.2022 Client responded - Please see attached HUD, please clear the condition.8.3.2022 Client sent copy of fully executed HUD with Cash to borrower $XXX used as Assets. Meets guideline requirements for reserves. Exception satisfied | 8.3.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have lived at current residence for 6 years. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good credit history with no derogatory account. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 773. |
| 10439 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | C | A | D | A | D | A | A | A | C | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL100 | Legal document incorrect or incomplete | No | Missing the documentation for XXX, Articles of Organization , Business license and/or Operating agreement verifying % of the business owned by the guarantors. | 8.3.2022 Client responded - Please see attached operating agreement and articles. Please clear the condition. 8.3.2022 Client sent in the Operating Agreement for XXX verifying XXX with 80% ownership, Guarantors on the loan. Exception satisfied. | 8.3.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have lived at current residence for 6 years. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good credit history with no derogatory account. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 773. |
| 10439 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | C | A | D | A | D | A | A | A | C | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL1817 | Final HUD-1 is incomplete or illegible | No | Final HUD in the file is illegible. Provide a clear executed copy of the HUD. | 8.3.2022 Client responded - Please see attached HUD. Please clear the condition. 8.3.2022 Client sent Final executed HUD. Exception satisfied. | 8.3.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have lived at current residence for 6 years. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good credit history with no derogatory account. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 773. |
| 10440 | XXXXXX | WA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 4 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 771 CFCFS2860: Good credit history - Clayton Comments: All open accounts are current | |||||||||||||||
| 10392 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for 2.9 years. CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been XXX in the same profession since 2014. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 80%; guideline maximum is 90%. | |||||||||||||||
| 10441 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Insurance | Satisfied | C | A | C | A | CRDINSR5351 | Insurance Effective date is greater than the transaction date | No | Provide homeowners insurance that was effective on XXX; insurance went into effect on XXX and loan disbursed on XXX. | 8.3.2022 Client responded - Please see attached insurance binder that is effective XXX. Please clear the condition. 8.3.2022 Client sent in Hazard Insurance binder with an effective date of XXX and disbursement date of XXX. Exception satisfied. | 8.3.2022 Exception satisfied | Not Applicable | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 753. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for more than 2 years. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good credit history with no derogatory account. CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit Report, Borrower has a positive mortgage payment history. |
| 10066 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is xxx. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good credit history with no derogatory account xxx. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for over xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV: xxx Max LTV allowable PER Guideline: xxx% | |||||||||||||||
| 10140 | XXXXXX | NJ | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - Clayton Comments: Mortgage history is xxx in the last xxx months CFCFS2860: Good credit history - Clayton Comments: Guarantor has good credit history for past xxx months CFCFS1736: Significant time at current residence - Clayton Comments: Guarantor has owned primary for xxx years. | |||||||||||||||
| 10393 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3658 | TRID - Corrected CD should have been provided; APR is greater than APR 3 business days prior to closing by more than allowable tolerance | No | Initial CD dated 07/21/2022 has an APR of 7.595% while CD dated XXX has an APR of 7.85%. This is a difference of .255% change in APR, which exceeds the tolerance change of .125%. There is not a change of circumstance for this APR change. | 8/8/2022 - Client Response - The 0.255% increase in the APR is due to an increase in the loan's interest rate from 7.250% to 7.500%. Please see attached COC which refers to the rate increase on XXX. (Note - the date on the bottom of the form is erroneous. This COC was filed in XXX on the same day as the CD issued on XXX. Please clear the condition. | 8/9/2022 - Clayton Conclusion - Exception satisfied, Client provided COC for Interest rate change. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for 8.2 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 58.27%; guideline maximum is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 666 @ 58.27%; guideline minimum is 600 @ 65%. |
| 10040 | XXXXXX | WA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Application | Satisfied | D | A | D | A | CRDAPP3822 | Missing or incomplete documentation related to citizenship/residency | No | Missing front and back of permanent residence card for borrower XXX | 7.29.2022-Cients response: July 29th 2022, 10:29:17 amPlease see attached XXX Card (Front & Back). Please clear this exception | 7.29.2022-Document received, exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10067 | XXXXXX | TN | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is xxx. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in line of work for xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV: xxx% Mx LTV allowable per guideline: xxx% CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good Credit history with no derogatory account. xxx | |||||||||||||||
| 10068 | XXXXXX | AZ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Credit/Mtg History | Active | B | B | B | B | CRDCRMH120 | Collections, charge offs, liens, etc. exceed guidelines | No | 2nd mortgage is a charge off and inactive since XXX 2008. this is being paid off through this refi | (No Data) | 8.15.2022- ***Lender exception approval*** exception sited for 2nd Mortgage included for mortgage rating. SR Clayton UW reviewed and found 2nd mortgage was a charge off since 2008, this is being paid off during refi. Comp factors to be added, Borrower having residual monthly income of $XXX, reserves exceed guidelines. Credit supplement shows improved payment history. This exception is non-fatal material exception and reporting as a B | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10068 | XXXXXX | AZ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Credit/Mtg History | Satisfied | D | A | D | A | CRDCRMH149 | Missing support docs for VOM/VOR (e.g. cancelled checks) | No | Missing copy of Modification agreement XXX Loan #XXX and letter of explanation for same | 8.3.2022 Client responded - Please see the attached Mod agreement for loan # XXX. Please clear the exception. 8.3.2022 Client sent in copy of Credit report verifying the loan was modified from $XXX to $XXX. Exception satisfied | 8.3.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10141 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | C | B | B | B | C | A | A | A | C | B | B | B | C | B | A | A | Credit | Terms/Guidelines | Active | B | B | B | B | CRDTER110 | Loan amount exceeds guideline maximum | No | Loan does not meet minimum equity requirement of $xxx. Approved credit exception in file to allow equity less than minimum requirement. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx which includes funds of $xxx at close borrower received at close. No funds required to close. Cash reserves $xxx. Required reserves xxx months x PITI $xxx = $xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. CFCFS2860: Good credit history - Clayton Comments: Borrower has limited use of consumer credit with xxx% credit usage. |
| 10141 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | C | B | B | B | C | A | A | A | C | B | B | B | C | B | A | A | Property Valuations | Value | Satisfied | C | A | C | B | PRVAVALU5249 | Property Value Not Supported | No | File includes appraisal dated xxx with value $xxx, BPO dated xxx with value $xxx and second BPO daed xxx with value $xxx. Lender used BPO with value $xxx to qualify. | xxx Client responded - xxx used the conservative value of the BPO AND supports the product of the appraisal. Please clear the condition. xxx Client responded - The xxx% variance rule is there to ensure that the value of the full appraisal is supported. For example, if xxx had used the $xxx appraisal as the value for the loan, we would need to have a support product that is no more than xxx% less than the appraisal value. This would mean that the appraisal value is supported. In cases where the support product does not provide a value less than xxx% beneath the appraisal value, we use the more conservative value of the support product. Because we used the lower, more conservative value of the support product, the appraisal value of $xxx no longer needs to be supported within xxx%. Please clear the condition. | xxx File contains a Reconciliation for $xxx dated xxx which the lender used for the value. However this value is still xxx% out of tolerance to the xxx% variance required per guidelines. Exception remains. xxx. Credit UW reviewed and determined the appraised value of $xxx is xxx% greater than the Reconciliation value of $xxx which the lender used for the loan. The lender used the more conservative value. Exception satisfied. | Not Applicable | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx which includes funds of $xxx at close borrower received at close. No funds required to close. Cash reserves $xxx. Required reserves xxx months x PITI $xxx = $xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. CFCFS2860: Good credit history - Clayton Comments: Borrower has limited use of consumer credit with xxx% credit usage. |
| 10069 | XXXXXX | NV | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL1819 | Estimated HUD-1 in File, Missing Final HUD-1 | No | Provide the final HUD1 and or Closing Disclosure. File contains Estimated HUD only | xxx-Client Response- Provided prior refinance HUD, dated xxx Response- Provided documentation is insufficient. Please provided final hud dated xxx xxx Client responded - Please see the attached Final Hud 1. Please clear the condition. | xxx Client sent the Final Closing Statement. Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines xxx CFCFS2860: Good credit history - Clayton Comments: Good credit history xxx CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history xxx CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines xxx |
| 10070 | XXXXXX | CO | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | DTI | Active | C | B | C | B | CRDDTI187 | Debt Ratio > 50% | No | DTI is xxx%. Max allowed is xxx% for this program. | xxx-Clients response: xxx pm Please see the attached Loan exception for the DTI is xxx%. Max allowed is xxx% for this program. Please clear the exception. | xxx Underwriter has reviewed the Lender approval Credit Exception for the DTI being over xxx%. The exception remains, however, it is deemed non-material due to DTI not being a fatal issue. Compensating factors on the file are $xxx in assets, fico xxxyears at current address and xxxmonths of xxxmortgage payments. The securitization grade is changed from material to non-material. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Been on current job for over xxx years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Been on current job for over xxx years. |
| 10070 | XXXXXX | CO | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Terms/Guidelines | Satisfied | D | A | D | A | CRDTER146 | Missing lender's loan approval/underwriting form | No | Provide updated Lender Approval showing the loan as a Full doc loan. File is missing xxxmonths back statement therefore not considered a Bank Statement loan. Bank statements provided are xxx ending xxx | xxx-Clients response: his is a xxxmonth Business bank statement loan ALT DOC deal. We used the xxx% expense factor. Please see the attached and clear the exception. This was approved by our mgmt team. xxx-Clients response- xxxam Please change the letter grade since the condition has been satisfied . | xxx-Documents received, exception satisfied. xxx-Satisfying the condition updated the grade. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Been on current job for over xxx years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Been on current job for over xxx years. |
| 10006 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Credit | Terms/Guidelines | Active | C | B | C | B | CRDTER3262 | Property issues indicated | No | Minimum $xxx equity required. The Equity exception for less than $xxx Borrowers are short $xxx short of equity. | xxx Client responded - Please see the attached Minimum $xxx equity loan exception. Please clear the condition. | xxx Upon further review by xxx deems this non-material due to Credit score of xxx, low DTI xxx, Reserves of $xxx and xxx years on the job. Loan Exception approval by management received from client. Exception downgraded to B. Exception remains. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is xxx; guideline minimum is xxx. CFCFS1736: Significant time at current residence - Clayton Comments: The Borrowers have resided in the current residence for xxx years. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: The Borrower has had xxx on the consumer history for more than xxx months. |
| 10394 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Terms/Guidelines | Satisfied | D | A | D | A | CRDTER146 | Missing lender's loan approval/underwriting form | No | Provide the Clear to Close or Doc's Out loan approval to ensure that we have reviewed the last underwriting approval. | xxx Client responded - Pleas see the attached updated loan approval xxx Client responded - Please see the attached clear to close . Please clear the exception. | xxx Client sent in the Lender loan approval showing Loan Status: Approved. Exception was to provide "Clear to Close" or "Docs Out" loan approval. Exception remains xxx Client sent the Clear to Close, Docs out Lender Approval. Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS2860: Good credit history - Clayton Comments: All open accounts are current CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is xxx |
| 10395 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | Missing Lender's income worksheet to support income used of $XXX for XXX only. Provide copies of 2020 Partnership returns for XXX since there is a negative effective on both borrowers income. | 8.2.2022 Client responded - Please see the attached e copies of 2020 Partnership returns for XXX. Please clear the condition. 8.2.2022 Client sent 2020 Personal returns that include the Income or loss from K-1 for XXX Exception remains. Still missing Lender's income worksheet supporting income of $XXX8.4.2022-Client's response: August 3rd 2022, 12:33:16 pmPlease see the attached income worksheet . Please clear the exception. | 8.2.2022 Exception remains8.4.2022 Income worksheet received, exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS2860: Good credit history - Clayton Comments: Good credit history |
| 10395 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3258 | Missing Profit and Loss statement for one or more Self Employed borrowers | No | Missing Profit and Loss Statement for 2022 YTD and 2021 since there is an extension for borrowers 1120's. | 8.2.2022 Client responded - Please see the attached Profit and Loss Statement for 2022 YTD and 2021. Please clear the condition. 8.2.2022 Client sent in the P&L for 2021 and 2022 YTD for XXX. Exception satisfied. | 8.2.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS2860: Good credit history - Clayton Comments: Good credit history |
| 10395 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3260 | Balance Sheet missing for one or more Self Employed borrowers | No | Missing Balance sheet for business | 8.4.2022-Clients response: August 3rd 2022, 12:37:08 pmPlease see the attached income worksheet. Please clear the exception. | 8.4.2022-Document, exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS2860: Good credit history - Clayton Comments: Good credit history |
| 10396 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Insurance | Satisfied | C | A | C | A | CRDINSR5351 | Insurance Effective date is greater than the transaction date | No | Provide updated Hazard Insurance. Insurance Effective date is XXX greater than the transaction disbursement date is XXX. | 7.26.2022 Client responded - Please see the attached updated ins reflecting the correct date. Please clear the exception7.26.2022 Upon further review client sent in updated Hazard Declaration showing effective date of XXX through XXX. Loan disbursed on XXX. Exception satisfied | 7.26.2022 Exception satisfied. | Not Applicable | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 645 CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV below guideline requirements - 65.30 CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history exceeds guidelines - O LATES |
| 10041 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Terms/Guidelines | Active | B | B | B | B | CRDTER127 | Payment shock does not meet guidelines | No | Payment shock over xxx% per guideline; To allow xxx% Pmt shock. Low DTI at xxx%. Residual income at xxx/Mo. xxx% LTV. Additional xxx months reserves required. | (No Data) | xxx Underwriter has received the Lender Approved Loan Exception for payment shock over xxx%, the exception remains, however deemed non-material due to the payment shock not being a fatal issue. The compensating factors on the file are a low DTI of xxx%, Residual income is $xxx monthly and an additional xxxmonths ore reserves required on the loan. The securitization grade has been changed from material to non-material. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: The DTI is xxx%; guideline maximum is xxx%. CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for xxx years. CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been Self Employed with current business for xxxyears. |
| 10397 | XXXXXX | IL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | LTV/CLTV | Active | A | B | A | B | CRDLTV3026 | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | Borrower paid 2 discount points reducing the LTV to 65% within the guidelines for CoreX Cash out Refinance. | (No Data) | 8.15.2022- ***Lender exception approval*** exception cited to adjust LTV to 70%. SR Clayton UW reviewed file and notes that this exception is non-fatal material exception. LOX in file provided by borrower, rate at 8.99% +.25 bps cash out 9.124% Borrower receiving $XXX cash back to be used to renovate home and business. This is graded a B | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash reserves of 49 months PITI or $XXX CFCFS2854: Significant time in profession - Clayton Comments: CPA verified XXX of borrower for several years; documenting longevity as a XXX borrower CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: No mortgage lates in the last 82 months |
| 10071 | XXXXXX | OK | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 3 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 8 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 713 | |||||||||||||||
| 10398 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 741 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines - $XXX CFCFS1750: High potential for increased earnings - Clayton Comments: High potential for increased earnings - XXX in rental market per comps | |||||||||||||||
| 10399 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Title | Satisfied | C | A | C | A | CRDTIL875 | Title Does Not Agree With Mortgage | No | Missing updated Title reflecting correct borrower's name and mortgage amount. | 8.4.2022 Client responded - Please see the attached recorded quit claim deed reflecting correct borrower's name and mortgage amount. Please clear the exception. | 8.4.2022 Exception satisfied. Client sent in a copy of the Quit Claim deed verifying the XXX deeding property to XXX, loan borrower with title showing correct borrower and mortgage amount. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS2860: Good credit history - Clayton Comments: Good credit history |
| 10442 | XXXXXX | NJ | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history - 0 lates CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines - $XXX CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 706 | |||||||||||||||
| 10007 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | B | A | A | C | A | C | B | C | B | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Need proof initial CD - xxx was received by borrower xxx days before consummation date of xxx. | xxx - Client Response - Please see the attached initial cd was received by borrower xxx days before consummation date of xxx. Please clear the condition. | xxx conclusion - Exception satisfied, Client provided e-signed CD dated xxx. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over xxx years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is xxx |
| 10007 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | B | A | A | C | A | C | B | C | B | A | A | C | A | Credit | Terms/Guidelines | Active | B | B | B | B | CRDTER127 | Payment shock does not meet guidelines | No | Payment shock of xxx% is greater than xxx% allowed per guidelines. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over xxx years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is xxx |
| 10007 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | B | A | A | C | A | C | B | C | B | A | A | C | A | Credit | Terms/Guidelines | Active | C | B | C | B | CRDTER3122 | Loan documents do not meet guideline requirements | No | Equity in the property is $xxx which is less than the $xxx required by guidelines. | (No Data) | xxx Underwriter has reviewed the approved Loan Exception for the total equity of $xxx instead of $xxx; the exception remains, however is deemed non-material due to it not being a fatal issue. Compensating factors on the file are great credit, no derogatory credit or public records, paid off private mortgage holder ($xxx)l in xxx years. Credit score is xxx and on the job for xxx years. Exception approved by Management. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over xxx years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is xxx |
| 10072 | XXXXXX | ID | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for xxx years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is xxx; guideline minimum is xxx. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The Borrower has been xxx for more than xxx months on the Mortgage History. | |||||||||||||||
| 10073 | XXXXXX | TN | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2277 | Note Not Executed | No | Provide the Note that has been executed by the borrower. | xxx-Clients response: xxx pm Please see the attached executed note by the borrower. Please clear the condition. | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx months of xxx consumer credit history. CFCFS1736: Significant time at current residence - Clayton Comments: xxx years living at primary residence. |
| 10400 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | A | A | A | A | CMPTRID5293 | TRID Not all required seller-paid fees were disclosed on the CD | No | Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. This exception is informational per Clayton Compliance department. Exception Satisfied. Final Grade A. | (No Data) | Exception Satisfied. | Numeric | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 773 CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for over 4 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been at line of work for 20 years |
| 10400 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Assets | Satisfied | C | A | C | A | CRDAST206 | Asset Amounts Are Unsupported by Documentation in File | No | Account where escrow came from needs to be specified and the balance after the wire transfer needs to be clear. | 8.2.2022 Client responded - Please see attached XXX #XXX Statement showing the escrow deposit wire and the balance after the wire. Please clear this exception.8.2.2022 Client sent the XXX #XXX verifying wire transfer on 7/22/2022 for the closing funds. Exception satisfied | 8.22.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 773 CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for over 4 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been at line of work for 20 years |
| 10400 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Insurance | Satisfied | C | A | C | A | CRDINSR5351 | Insurance Effective date is greater than the transaction date | No | Note is dated :XXXInsurance effective dates : XXX | 8.2.2022 Client responded - Please see attached Final Closing Disclosure with XXX response. Please clear this exception. 8.2.2022 Client sent the Final Closing Disclosure showing the disbursement date of XXX, which covers the insurance effective date of XXX. Exception satisfied | 8.2.2022 Exception satisfied | Not Applicable | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 773 CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for over 4 years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been at line of work for 20 years |
| 10401 | XXXXXX | GA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over xxx years. CFCFS2860: Good credit history - Clayton Comments: All open account are current | |||||||||||||||
| 10074 | XXXXXX | AZ | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is xxx | |||||||||||||||
| 10402 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Provide a letter from a CPA or Accountant that verifies the parentage of owner the borrower has for the home based tutoring employment. | 8.8.2022 Client responded - Please see attached CPA letter. Please clear this exception. 8.8.2022 Client sent in a letter from licensed CPA verifying preparing tax returns for borrower XXX through XXX for the XXX in Schedule C. Exception satisfied. | 8.8.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at the same residence for over 39 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been in the same job for over 18 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 801 |
| 10402 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | Provide wage earner documentation from XXX ; approval required a written VOE breaking out all income, bonus and commissions for the last 2 years. | 8.8.2022 Client responded - Please see attached Written VOE for XXX . Please clear this exception. 8.8.2022 Client sent a Written VOE from XXX with all income verified for XXX thorough XXX YTD. Exception satisfied. | 8.8.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at the same residence for over 39 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been in the same job for over 18 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 801 |
| 10075 | XXXXXX | CT | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceed guidelines xxx CFCFS2860: Good credit history - Clayton Comments: Good credit history xxx CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines xxx | |||||||||||||||
| 10403 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC888 | Income Amount is Unsupported by Documentation in File | No | Provide Articles of Organization, Operating Agreement or Business license for xxx File contains xxx letter verifying borrower is the sole owner of the xxx | xxx-Clients response: xxx pm Please see the attached xxx for the borrower. Please clear the exception | xxx-xxx received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Consumer credit history exceeds guidelines CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10404 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | B | B | A | A | C | A | C | B | B | B | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3662 | TRID - Corrected CD should have been provided; APR is less than APR three business days prior to closing by more than allowable tolerance | No | Clayton pay stream APR is 6.4879, the final CD dated XXX has an APR of 6.745%. This is a difference in 0.2571%, which exceeds the allowable tolerance change of .125%. There is not a change in circumstance in file. | 8/8/2022 - Client response - Re-amortized the life of loan interest and recomputed all the federal disclosures, including the finance charge, amount financed and APR; found all to be well within allowable tolerance. Please see attached PCCD and Loan Calculations Proof Sheet. Please clear the exception | 8/9/2022 - Clayton Response - Exception satisfied, Client provided Loan Calculation proof sheet showing 6.737 APR vs 6.745, .08 within tolerance. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for 10 years. CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been XXX in the same profession for 20 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: The LTV is 49.95%; guideline maximum is 90%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrower credit score is 782; LTV 49.95% ; guideline minimum is 600 @ 70%. |
| 10404 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | B | B | A | A | C | A | C | B | B | B | A | A | C | A | Credit | Terms/Guidelines | Active | B | B | B | B | CRDTER127 | Payment shock does not meet guidelines | No | Max payment shock: 300%; Allow Payment shock>300% (currently 357%) with additional 6-month reserve added. | (No Data) | 8.5.2022-Sr. Clayton Underwriter has reviewed the Lender Exception approved by upper management for the payment shock exceeding guidelines more than 300%. The exception remains, however, is deemed non-material due to the payment shock not being a fatal issue. The compensating factors are fico 782, low loan to value of 50.75%, years at present address is 10 years. The securitization grade is changed from material to non-material. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for 10 years. CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been XXX in the same profession for 20 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: The LTV is 49.95%; guideline maximum is 90%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrower credit score is 782; LTV 49.95% ; guideline minimum is 600 @ 70%. |
| 10405 | XXXXXX | PA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 792. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for 25 years. CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit Report, Borrower has positive mortgage payment history. CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV: 60%Max LTV Allowable per Guideline: 75% | |||||||||||||||
| 10142 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: xxx years at primary residence. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx months of xxx consumer credit history. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. | |||||||||||||||
| 10042 | XXXXXX | NV | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at same residence for over xxx years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over xxx years. CFCFS2860: Good credit history - Clayton Comments: All open accounts are current | |||||||||||||||
| 10008 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Assets | Satisfied | C | A | C | A | CRDAST3036 | Assets reflect unsourced deposits | No | Missing copy of business bank statement evidencing transfer of $XXX deposit into XXX #XXX on XXX | 7.22.2022 Client responded - Please see the attached copy of the Business bank statement evidencing transfer of $XXX deposit into XXX #XXX on XXX. Please clear the condition.7.22.2022 Upon further review client sent statement for XXX #XXX verifying a transfer for $XXX making the balance of $XXX dated XXX. Exception satisfied. | 7.22.2022 Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI below guideline requirement CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserve exceed guidelines |
| 10076 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | Missing Lender's income worksheet to support rental income used of $XXX | 8.16.2022 Client responded - Please see the attached worksheets for the rental income. Please clear the exception. | 8.16.2022 Client sent the worksheet the UW used to calculate the rental income for rental properties verifying $12,713.33. Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10443 | XXXXXX | WA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 10 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 77.54% is below guideline requirement of 80% for this program. CFCFS2860: Good credit history - Clayton Comments: All open accounts are current | |||||||||||||||
| 10406 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines - $XXX CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 676 CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history - 0 lates | |||||||||||||||
| 10407 | XXXXXX | TN | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Credit | Terms/Guidelines | Active | C | B | C | B | CRDTER3262 | Property issues indicated | No | The Guideline requires that the subject Property have $XXXK in equity; the subject property is $XXX short per guideline. | 8.11.2022-Clients response: August 10th 2022, 1:51:06 pmPlease see the attached Loan exception for the $XXXK in equity . Please clear the exception. | 8.11.2022-Sr.Clayton underwriter has reviewed the Loan Exception provided for equity less than $XXX, exception remains, however deemed non-material due to it not being a fatal issue. Compensating factors on the file are high fico 753, excellent credit history, four and half years at present address and 0 x30 on their mortgage. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower hs resided in the current residence for 4.6 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrower credit score is 753; guideline minimum is 680. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The Borrower has had 0x30 for more than 12 months on the Mortgage History. |
| 10408 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines xxx CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history xxx CFCFS2860: Good credit history - Clayton Comments: Good credit history xxx CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines xxx | |||||||||||||||
| 10113 | XXXXXX | AZ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | A | A | A | C | B | C | B | C | A | A | A | C | B | Compliance | Right of Rescission | Satisfied | B | B | B | B | CMPROR117 | ROR - Expiration date on form prior to end of rescission period | No | ROR in the file states the end off rescission period is xxx, Final CD stats the disbursement date is on xxx. xxx, the current date does not adhere to the rescission period requirement. Please provide corrected ROR. | xxx - Client response - Per Compliance guidance, xxx re-opened rescission and had borrower re-sign xxx Expired at midnight onxxx. Please see attached xxx and clear condition. | xxx - Exception satisfied. Client provided ROR with expiration date of xxx. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in profession for over xxx years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI < xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is xxx. |
| 10113 | XXXXXX | AZ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | A | A | A | C | B | C | B | C | A | A | A | C | B | Compliance | Right of Rescission | Satisfied | C | B | C | B | CMPROR2330 | ROR - Disbursement date is before end of statutory rescission period | No | ROR in the file states the end off rescission period is xxx, Final CD stats the disbursement date is on xxx. xxx, the current date does not adhere to the rescission period requirement. Please provide corrected ROR. | xxx - Client response - Per Compliance guidance, xxx re-opened rescission and had borrower re-sign xxx Expired at midnight onxxx. Please see attached xxx and clear condition. | xxx - Exception satisfied. Client provided ROR with expiration date of xxx. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in profession for over xxx years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI < xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is xxx. |
| 10113 | XXXXXX | AZ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | A | A | A | C | B | C | B | C | A | A | A | C | B | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Provide business license for xxx., | 8.30.2022- xxx pm Please see the attached Business License for xxx Please clear the condition. | xxx-Document received, exception satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in profession for over xxx years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI < xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is xxx. |
| 10444 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 732. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good Credit History with no derogatory account. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified Assets: $XXXCash Due from Borrower: $XXX | |||||||||||||||
| 10445 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines | |||||||||||||||
| 10114 | XXXXXX | RI | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | B | B | A | A | D | B | D | A | B | B | A | A | Credit | Application | Satisfied | D | A | D | A | CRDAPP130 | Application is incomplete | No | Missing updated final applicating correcting martial status to married per letter in file | xxx- xxx pm Please see the attached updated xxx | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence xxx CFCFS2854: Significant time in profession - Clayton Comments: Significant time in professionxxx CFCFS2860: Good credit history - Clayton Comments: Good credit history xxx CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV below guideline requirements xxx CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines xxx |
| 10114 | XXXXXX | RI | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | B | B | A | A | D | B | D | A | B | B | A | A | Property Valuations | Property | Active | B | B | B | B | PRVAPROP177 | Property Issues Indicated | No | Subject property is xxx acres; guidelines for this program do not allow for the site to be over xxx acres. | (No Data) | xxx Underwriter has reviewed the approval Lender Exception Report for the site of the subject property being over xxx acres. The exception remains, however, because the acreage is deemed non-material due to it not being a fatal issue. The compensating factors are fico xxx, LTV xxx%, Owner of xxx for xxx years and xxx years at current residence. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence xxx CFCFS2854: Significant time in profession - Clayton Comments: Significant time in professionxxx CFCFS2860: Good credit history - Clayton Comments: Good credit history xxx CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV below guideline requirements xxx CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines xxx |
| 10077 | XXXXXX | OR | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | Missing updated Lender's income worksheet starting with XXX 2022 to support income used with all transfers, loan transfers and loan proceeds. Loan file contains one starting with XXX 2022 which is too old | 8.4.2022 Client responded - Please see attached copy of income worksheet up to XXX 2022. The underwriting notes state that the statements for XXX, and XXX 2022 were received. The total monthly income used of $XXX is accurate based on all statements from XXX - XXX. Please clear the condition. | 8.4.2022 Exception satisfied. Client sent in lender income worksheet with explanations for the XXX income and the income that was used. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines |
| 10077 | XXXXXX | OR | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Title | Satisfied | C | A | C | A | CRDTIL875 | Title Does Not Agree With Mortgage | No | Missing updated title with Lender | 8.4.2022 Client responded - Please see attached prelim which shows XXX as proposed insured. Please clear the condition. 8.4.2022 Client sent in Preliminary report verifying borrower: XXX and XXX, loan amount $XXX and Proposed insured: XXX. Exception satisfied | 8.4.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines |
| 10446 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 764 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines - $XXX CFCFS1750: High potential for increased earnings - Clayton Comments: High potential for increased earnings - XXX in rental market per comps | |||||||||||||||
| 10447 | XXXXXX | UT | (No Data) | ATR/QM: Exempt | D | A | A | A | D | A | A | A | D | A | A | A | D | A | A | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR101 | Appraisal incomplete (missing map, layout, pages, etc) | No | Appraisal, Desk Review and the Sales Contract show the borrower as XXX instead of XXX. All of these need to be corrected to show XXXas the borrower. The Note, Mortgage and Title show XXX as the borrower. | 8.16.2022 Client responded - Pleas see the attached corrected appraisal in Borrowers name XXX. Please clear the exception. 8.22.2022 Client responded - Please see the attached reconciliation. Please clear the exception. | 8.16.2022 Client sent in the updated Appraisal in the name of XXX. The Sales contract has an addendum changing from Red XXX to XXX. The BPO is in the name of XXX. The lender used the Reconciliation report for the value of $XXX. Provide the updated Reconciliation report in the name of XXX it is currently in the name of XXX. Exception remains.8.22.2022 Client sent the XXX Reconciliation in the borrowers name, XXX. Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 775 CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit Report, Borrower has a positive mortgage payment history. CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV : 67.44MAX LTV Allowable per Guideline: 75% |
| 10448 | XXXXXX | ID | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV below guideline requirements - 60.64 CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines - 784 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines - $XXX | |||||||||||||||
| 10043 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1737: LTV below guideline requirements - Clayton Comments: The LTV is xxx%; guideline maximum is xxx. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The Borrower has had xxx on the Subject Mortgage History since xxx | |||||||||||||||
| 10409 | XXXXXX | OR | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | C | A | C | A | C | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Please provide evidence that borrower acknowledged receipt of CD 3 days prior to consummation date XXX | 8/5/2022 - Client Response - Please see attached CD issued 7-20-2022. Please clear this exception | 8/8/2022 - Clayton Conclusion - Exception Satisfied, Client provided CD E-signed on 7/20/2022. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 742. CFCFS2854: Significant time in profession - Clayton Comments: Borrowers have been in line of work for over 3 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have lived t current residence for 17 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV: 85%Max LTV Allowable per Guideline: 90% |
| 10409 | XXXXXX | OR | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | C | A | C | A | C | A | A | A | C | A | Credit | Credit/Mtg History | Satisfied | C | A | C | A | CRDCRMH1805 | Debts/obligations not disclosed/accounted for at origination | No | Provide the PITI payment for the property at XXX, XXX, OR. In order to calculate the payment shock we must know this information. | 8.9.2022 Client responded - Please see attached XXX Response. Please clear this exception8.9.2022 Client sent in the final HUD for the sale of XXX, xxx, OH dated XXX. Previous payment $XXX. Payment shock within guidelines. Exception satisfied | 8.9.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 742. CFCFS2854: Significant time in profession - Clayton Comments: Borrowers have been in line of work for over 3 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have lived t current residence for 17 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV: 85%Max LTV Allowable per Guideline: 90% |
| 10409 | XXXXXX | OR | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | C | A | C | A | C | A | A | A | C | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Provide the borrowers business license and a letter from a CPA verifying the percentage of ownership. | 8.8.2022 Client responded - Please see attached Business License and Articles of Organization. Please clear this exception. 8.8.2022 Client sent in Articles or Organization and Business registry showing XXX and xxx as Members of xxx. xxx ?questionnaire verifies both are owners of the LLC. Exception satisfied | 8.8.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is 742. CFCFS2854: Significant time in profession - Clayton Comments: Borrowers have been in line of work for over 3 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have lived t current residence for 17 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV: 85%Max LTV Allowable per Guideline: 90% |
| 10078 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in profession for over xxx years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is xxx | |||||||||||||||
| 10079 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is xxx. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for over xxx years. CFCFS2860: Good credit history - Clayton Comments: Per Credit Report, Borrower has a good credit history with no derogatory account xxx. CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit Report, Borrower has a positive mortgage payment history xxx. | |||||||||||||||
| 10080 | XXXXXX | AZ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3662 | TRID - Corrected CD should have been provided; APR is less than APR three business days prior to closing by more than allowable tolerance | No | xxx Pay Stream has an APR of xxx%, the final CD dated xxx has an APR of xxx%. This is a difference of xxx%, which exceeds the tolerance change of xxx% in APR. There is not a change of circumstance in file | xxx - Client response - Recalculated amortization and APR and validated the accuracy of the xxx/DocMagic disclosure. Please see attached Loan Calculations Proof Sheet. | xxx - xxx Response - Exception satisfied, Client provided Loan calculations proof sheet showing APR of xxx%. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over xxx years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is xxx% CFCFS2860: Good credit history - Clayton Comments: All open accounts are current |
| 10081 | XXXXXX | NJ | (No Data) | ATR/QM: Exempt | D | A | A | A | D | A | N/A | N/A | D | A | A | A | D | A | N/A | N/A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR3116 | Missing updated valuation | No | Provide additional valuation that supports the subject property value of $xxx. The file contains a UCDP but there are no findings on it. | xxx-Clients response: xxx pm Please see the attached appraisal desk review. Please clear the exception. | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is xxx; guideline minimum is xxx. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The Borrowers Mortgage history is 0x30 for more than xxxmonths. CFCFS2860: Good credit history - Clayton Comments: The Borrower has had good credit history 0x30 for xxxmonths. |
| 10410 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | N/A | N/A | C | A | C | A | A | A | N/A | N/A | Credit | Assets | Satisfied | C | A | C | A | CRDAST206 | Asset Amounts Are Unsupported by Documentation in File | No | Provide a statement with the Name of the Borrower for the accounts ending in XXX and XXX. | 8.10.2022 Client responded - Please see the attached statement with the Name of the Borrower for the accounts ending in XXX and XXX. Please clear the exception. 8.10.2022 Client sent in Bank statements for accounts XXX and XXX with the name of the borrower(s). Exception satisfied. | 8.10.2022 Exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 71.40%; guideline maximum is 75%. CFCFS1736: Significant time at current residence - Clayton Comments: The Borrowers have resided in the current residence for 7 years. CFCFS2860: Good credit history - Clayton Comments: The Borrowers have had good credit history 0 x 30 for more than 24 months. |
| 10410 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | N/A | N/A | C | A | C | A | A | A | N/A | N/A | Credit | Assets | Satisfied | C | A | C | A | CRDAST3078 | Insufficient # of months cash reserves for PITI per guideline requirements | No | Calculated Liquid Assets $106,959.22; Total Cash Required from Borrower $XXX ; Cash Reserves $XXX; Subject PITIA is $XXX; 6 months reserves required in the amount of $XXX; Short reserves in the amount of $XXX. Unable to determined if EMD has cleared. | 8.12.2022 Client responded - Please see the attached 6 months reserves . Please clear the condition. | 8.12.2022 Client sent in Bank statement for account XXX XXX with a balance $XXX. This covers the 6 months reserves. Exception satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 71.40%; guideline maximum is 75%. CFCFS1736: Significant time at current residence - Clayton Comments: The Borrowers have resided in the current residence for 7 years. CFCFS2860: Good credit history - Clayton Comments: The Borrowers have had good credit history 0 x 30 for more than 24 months. |
| 10411 | XXXXXX | IL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 14 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 75% is below guideline requirement of 80% for this program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is 772 | |||||||||||||||
| 10412 | XXXXXX | WI | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for 4 years. CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been XXX in the same profession for 5 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: The LTV is 48.13%; guideline maximum in 90%%. | |||||||||||||||
| 10009 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 676; guideline minimum is 660. CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been XXX in the Same Company for 11 years. | |||||||||||||||
| 10082 | XXXXXX | WA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Missing third party verification of employment | xxx Client responded - Borrower is self employed there is no VVOE . Please clear the exception. | xxx Client sent Business Information for xxx showing the business active, formation date xxx with xxx as the Registered agent. Exception satisfied | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS2860: Good credit history - Clayton Comments: Good credit history |
| 10082 | XXXXXX | WA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | Missing all pages of xxx and xxx xxx to support income used of $xxx including all schedules | xxx Client responded - Please see the attached xxx and xxx to support the income used. Please clear the exception. | xxx Client sent the xxx (form xxx), xxx Partnership returns, and xxx returns used to support income. Exception satisfied | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS2860: Good credit history - Clayton Comments: Good credit history |
| 10082 | XXXXXX | WA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Re-Verifications | Satisfied | C | A | C | A | CRDRVRFC1803 | Debts/Obligations that were not discl at origination revealed through independent re-verification | No | Missing credit supplement for new xxx loan included in debt ratios with monthly payment of $xxx | xxx Client responded - please see the attached supplement for the xxx. Please clear the exception. | xxx Client sent in a copy of the xxx Account Statement verifying monthly payment amount $xxx. Exception satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS2860: Good credit history - Clayton Comments: Good credit history |
| 10413 | XXXXXX | OR | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | C | A | D | A | D | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3590 | TRID - At least one LE was delivered on or after the date that a CD was delivered | No | Loan Estimate dated xxx was delivered after the Initial CD dated xxx in file. If xxx CD was not delivered to borrower client must provide Attestation letter to that fact. | xxx - Client response - CD in question was never delivered to the borrower - see attached attestation as requested by due diligence. | xxx - xxx conclusion - Exception satisfied, Client provided letter of attestation that CD xxx was not provided to borrower. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is xxx. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for xxx years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in line of work for xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV: xxx Max LTV Allowable per guideline:xxx% |
| 10413 | XXXXXX | OR | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | C | A | D | A | D | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3658 | TRID - Corrected CD should have been provided; APR is greater than APR 3 business days prior to closing by more than allowable tolerance | No | CD dated xxx has an APR of xxx% and CD dated xxx has an APR of xxx%. This is a difference of xxx% which exceeds the tolerance change of xxx% in APR. | xxx attached to CD issued xxx indicates a change in the interest rate by xxx% which would account for the noted change in the APR. See attached COC. | xxx - xxx conclusion - Exception satisfied, Client provided COC showing interest rate change of exactly xxx, within tolerance. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is xxx. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for xxx years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in line of work for xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV: xxx Max LTV Allowable per guideline:xxx% |
| 10413 | XXXXXX | OR | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | C | A | D | A | D | A | A | A | C | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC2340 | Employment verification does not meet guidelines | No | Provide business license for xxx which is the borrowers business. | xxx-Clients response: xxx pm Please see the attached Business License for xxx. Please clear the condition | xxx -Business License received; exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is xxx. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for xxx years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in line of work for xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV: xxx Max LTV Allowable per guideline:xxx% |
| 10414 | XXXXXX | MD | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession | |||||||||||||||
| 10415 | XXXXXX | ID | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over 5 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 80% is below guideline requirement of 85% for this program. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over 4 years. | |||||||||||||||
| 10083 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Assets | Satisfied | D | A | D | A | CRDAST2354 | Asset Verification In File is Incomplete Per Requirements | No | Assets from xxx account #xxx with a balance of $xxx shows the owner of record as xxx. Need evidence that the borrower has permission/access to use these funds for closing. | xxx-Clients response: xxx pm Please see the attached evidencing the borrower has permission/access to use these funds for closing. Please clear the condition. | xxx-Document received; exception satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been in the same profession for xxx years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is xxx%; guideline maximum is xxx%. CFCFS2860: Good credit history - Clayton Comments: The Borrower has had xxx for more than xxx months. |
| 10083 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | Borrowers business is named xxx xxx. This is confirmed with a CPA letter; however, the Articles of Incorporation and the xxx both list xxx. The borrower shows a the Manager of this business but there is not anything in the file that tie these businesses to each other. | xxx-Clients response: xxx pm The borrower has xxx different entity one is the income xxx and the other is the asset entity which is xxx verified with all the documentation provided and the borrowers bank statements show both company names on them. Please clear the exception. | xxx-Documents received, exception satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been in the same profession for xxx years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is xxx%; guideline maximum is xxx%. CFCFS2860: Good credit history - Clayton Comments: The Borrower has had xxx for more than xxx months. |
| 10084 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: xxx years living at primary residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR in file. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx months of xxx consumer history. | |||||||||||||||
| 10044 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx; required reserves $xxx. CFCFS2860: Good credit history - Clayton Comments: Borrower has been in credit file for xxx months, with no late pays to any creditor. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for xxx years. | |||||||||||||||
| 10045 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines | |||||||||||||||
| 10416 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Credit/Mtg History | Active | D | B | D | B | CRDCRMH149 | Missing support docs for VOM/VOR (e.g. cancelled checks) | No | Loan program requires 24 months rental history. Rental history covers 18 months; the previous 6 months needs to be verified. | 8.9.2022-Clients response:August 9th 2022, 12:28:39 pmPlease see attached loan exception form detailing exception for less than 24 month housing history, Please clear the condition. | 8.9.2022-Sr. Clayton underwriter has received the Exception approval providing the borrowers 18 month history from property management and the previous 6 months from a private VOR. Exception remains, however is deemed non-material due to rental history not being a fatal issue. Compensating factors are high fico 716, 12 years on monthly payments and mortgage history 0x30. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been XXX with the same employer since XXX. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 80%; guideline maximum is 90%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 716 @ 80%; guideline minimum is 640 @ 80%. |
| 10416 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC2350 | Missing Stated Income | No | Provide updated Bank Statement Ledger; current bank statements support the income of $XXX monthly. The Final Loan Documents indicate that the income being used is $XXX. | 8.10.2022-Clients response: August 9th 2022, 12:51:32 pmThe underwriter calculated a conservative base income based off of the total income used. The borrower still qualifies. Please clear the condition.8.11.2022 Client responded - Please see the attached income worksheet. Please clear the exception. | 8.10.2022-Sr. Clayton Underwriter has reviewed this exception. Please provide the income worksheet showing how the income was calculated by the underwriter. Exception remains.8.11.2022 Sr Clayton UW reviewed the Lender income worksheet that was sent in and supports the income with the bank statements in the file for xxx XXX with a conservative income of $xxx using 90% expense factor. Exception satisfied | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been XXX with the same employer since XXX. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 80%; guideline maximum is 90%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is 716 @ 80%; guideline minimum is 640 @ 80%. |
| 10085 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: The LTV is xxx%; guideline maximum is xxx%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The LTV is xxx% the Borrowers Credit score is xxx; guideline minimum is xxx with a xxx% LTV. | |||||||||||||||
| 10122 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for xxx years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is xxx; at xxx% LTV; Minimum credit score is xxx at xxx% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments: The LTV is xxx% guideline maximum is xxx%. | |||||||||||||||
| 10417 | XXXXXX | NV | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines | |||||||||||||||
| 10086 | XXXXXX | HI | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Insurance | Satisfied | C | A | C | A | CRDINSR5351 | Insurance Effective date is greater than the transaction date | No | Missing Insurance Policy with effective date of closing xxx | xxx-Client Response- Provided HOI policy with effective date of xxx xxx Response- Provided documentation satisfies exception | xxx- Provided documentation satisfies exception | Not Applicable | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines xxx CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence xxx CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history xxx CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines xxx |
| 10087 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero Tolerance Fee of $xxx due to (xxx increased from LE to CD. Missing a valid Change of Circumstance, or Post Close CD, LOX and copy of refund check to borrower. | xxx - Client response - Please see the attached PCCD, LOE, CHECK AND xxx Label. Please clear the exception. | xxx conclusion - Exception satisfied. Client provided LOE, PCCD, and Refund of $xxx for appraisal fees. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Been on job for over xxx years. CFCFS2854: Significant time in profession - Clayton Comments: Been in profession for over xxx years. CFCFS2860: Good credit history - Clayton Comments: All open accounts are current xxx |
| 10088 | XXXXXX | NC | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | A | A | B | B | A | A | B | B | A | A | B | B | A | A | Property Valuations | Property | Active | B | B | B | B | PRVAPROP2674 | Property Issues Indicated 2 | No | No rural properties over xxx acres. Property to be considered not rural as The subject is located within an established residential community within a rural area. Commercial influences can be found along major roadways. All essential services can be found within a xxx mile radius of the subject property. | (No Data) | xxx Underwriter has reviewed the Lender Approval Loan Exception for the property being in a rural area. The exception remains, however, deemed non-material as the rural area is not considered a fatal issue. Compensating factors are that the property not be considered Rural as the subject property is located within an established community within a rural area. Compensating factors are fico xxx, DTI ratios are xxx%/xxx%, and xxxmonths in reserves. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: The Borrowers credit score xxx% LTV; guideline maximum is xxx% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is xxx; guideline minimum is xxx. CFCFS1744: DTI below guideline requirement - Clayton Comments: The DTI is xxx%; guideline maximum is xxx%. |
| 10089 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Insurance | Satisfied | C | A | C | A | CRDINSR5351 | Insurance Effective date is greater than the transaction date | No | Missing Insurance Policy with effective date of closing xxx | xxx Client responded - Please see the attached Insurance Policy with effective date of closing xxx. Please clear the condition. | xxx Client sent Hazard Insurance with effective date of xxx with Final HUD showing disbursement of xxx. Exception satisfied. | Not Applicable | Not Applicable | CFCFS2860: Good credit history - Clayton Comments: Good credit history xxx CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines xxx |
| 10003 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | C | A | D | A | D | A | A | A | C | A | D | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3662 | TRID - Corrected CD should have been provided; APR is less than APR three business days prior to closing by more than allowable tolerance | No | Clayton pay stream APR has a percentage of xxx%, while the Final CD dated xxx has an APR of xxx%. This is a difference of xxx%. This is more than the allowable tolerance change amount of xxx% in APR, with no change of circumstance for the change in file. | xxx - Client response - DISAGREE WITH EXCEPTION: Please see attached Loan Calculations Proof Sheet which confirms the xxx calculations are accurate. | xxx conclusion - Exception satisfied. Difference between xxx CD and xxx CD is xxx verified with clients documents. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: xxxyears with Aquafeel Solutions company. CFCFS2854: Significant time in profession - Clayton Comments: xxx years in the Business Solutions industry. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: xxx months of xxx mortgage history per CBR. |
| 10003 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | C | A | D | A | D | A | A | A | C | A | D | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | D | A | D | A | CMPTRID5107 | TRID - Seller CD not in file; need in order to complete fee entry | No | Seller CD is not in file. | xxx - Client response - Please see the attached seller cd. Please clear the exception. xxx - Client response #2 - Please see the attached seller cd . Please clear the exception. | xxx conclusion - Exception remains. Client provided settlement statement. Exception clearly states need Seller CD to clear the exception. xxx conclusion #2 - Exception satisfied. Client provided Seller CD. | Not Applicable | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: xxxyears with Aquafeel Solutions company. CFCFS2854: Significant time in profession - Clayton Comments: xxx years in the Business Solutions industry. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: xxx months of xxx mortgage history per CBR. |
| 10003 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | C | A | D | A | D | A | A | A | C | A | D | A | Property Valuations | Property | Satisfied | C | A | C | A | PRVAPROP177 | Property Issues Indicated | No | Provide a final 1004D showing the completion of the xxx The Completion report states that drywall and paint are not completed. All other items completed. | xxx Client responded - Please see the attached final 1004D showing the completion of the Drywall and paint. Please clear the exception | xxx Client sent in the 1004D Completion Report dated xxx that all improvements have been completed. Exception satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: xxxyears with Aquafeel Solutions company. CFCFS2854: Significant time in profession - Clayton Comments: xxx years in the Business Solutions industry. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: xxx months of xxx mortgage history per CBR. |
| 10090 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence xxx CFCFS2860: Good credit history - Clayton Comments: Good credit history xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines xxx CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history xxx CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines xxx | |||||||||||||||
| 10143 | XXXXXX | NJ | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Credit/Mtg History | Active | B | B | B | B | CRDCRMH193 | Length of mortgage/rental history in file does not meet guideline requirement | No | Missing complete xxx mos. primary residency history for guarantor. Letter of explanation in file reflects guarantor resided at xxx. CD from sale of property reflects mortgage was with xxx. No documentation was located in file to complete the xxx mos. history. Provide satisfactory evidence of the private lien mortgage payments for xxx to complete the xxx mos. primary housing history. Verification to support xxx pay history. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. Required reserves xxx months x $xxx. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been ion same line of work xxx years. |
| 10143 | XXXXXX | NJ | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL100 | Legal document incorrect or incomplete | No | Settlement statement for subject loan located in file is not executed by borrower/guarantor or stamped by title agency. Provide an executed copy of Final CD for review. | xxx-Clients response: xxx pm Please see the attached final settlement statement . Please clear the condition | xxx: Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. Required reserves xxx months x $xxx. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been ion same line of work xxx years. |
| 10143 | XXXXXX | NJ | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2277 | Note Not Executed | No | Note located in file dated xxx with loan amount $xxx is not executed. Provide copy of fully executed Note for review. | xxx Client responded - Please see the attached executed note. please clear the condition | xxx Client sent the fully executed Note. Exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. Required reserves xxx months x $xxx. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been ion same line of work xxx years. |
| 10143 | XXXXXX | NJ | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL806 | Notary Status is missing | No | Notary and Notary Acknowledgement missing in file. | xxx-Clients response: xxx am Please see the attached executed DOT with notary . Please clear the exception. | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. Required reserves xxx months x $xxx. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been ion same line of work xxx years. |
| 10143 | XXXXXX | NJ | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL869 | Mortgage is not signed | No | Mortgage and all applicable riders dated xxx located in file are not executed. Provide a fully executed mortgage with copy of all executed riders for review. | xxx-Clients response: xxx am Please see the attached executed mtg with the executed riders . Please clear the condition | xxx-Documents received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. Required reserves xxx months x $xxx. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been ion same line of work xxx years. |
| 10143 | XXXXXX | NJ | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Terms/Guidelines | Active | B | B | B | B | CRDTER110 | Loan amount exceeds guideline maximum | No | Market Value $xxx less loan amount $xxx equals $xxx of equity. Loan does not meet minimum equity requirement of $xxx. | xxx-Clients response: xxx am Please see the attached loan exception for the xxx equity. Please clear the exception | xxx Underwriter has received Credit Exception form approved by upper management for the minimum equity being less than $xxx as the guidelines require. The exception remains but is deemed non-material due to the equity not being a fatal issue. Compensating factors xxx months of reserves, LTV xxx%. The xxx grade is changed from material to non-material. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. Required reserves xxx months x $xxx. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been ion same line of work xxx years. |
| 10143 | XXXXXX | NJ | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3122 | Loan documents do not meet guideline requirements | No | Missing fully executed Personal Guaranty signed by both xxx and xxx. Personal Guaranty forms located in file are not executed. | xxx-Clients response: xxx am Please see the attached Personal Guarantor for both bwrs. Please clear the exception | xxx-Documents received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. Required reserves xxx months x $xxx. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been ion same line of work xxx years. |
| 10091 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. CFCFS2860: Good credit history - Clayton Comments: All open accounts are current xxx | |||||||||||||||
| 10092 | XXXXXX | NV | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Assets | Satisfied | C | A | C | A | CRDAST206 | Asset Amounts Are Unsupported by Documentation in File | No | Missing verification of bank activity for xxx from xxx; large deposits must be explained and sourced. | xxx-Client's response: xxx pm This file was approved on xxx when the old guidelines were in place with only xxx days funds to close seasoning was required. The uw conditioned accordingly and the borrower provided the bank print out for the xxx days before funding. this was in the asset section. Please clear the condition. | xxx-Documents received, exception satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx% and maximum allowed is xxx%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx, no reserves required. CFCFS1739: Postive mortgage payment history - Clayton Comments: Borrower has no late pays on mortgages with over xxx years of mortgage payments. |
| 10010 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is xxx. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for xxx years. CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit Report, Borrower has a positive mortgage payment history. xxx CFCFS1737: LTV below guideline requirements - Clayton Comments: Calculated LTV: xxx% Max LTV Allowable per guideline:xxx% | |||||||||||||||
| 10093 | XXXXXX | CT | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | State Rate Spread | Active | B | B | B | B | CMPSRS1206 | CT Non-Prime, First Mortgage Disclosure Missing | No | Please provide First Mortgage Disclosure. xxx | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over xxx years. CFCFS2860: Good credit history - Clayton Comments: All open account are current. |
| 10094 | XXXXXX | NC | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Credit/Mtg History | Active | B | B | B | B | CRDCRMH193 | Length of mortgage/rental history in file does not meet guideline requirement | No | Missing verification of borrowers rental history for most recent xxx mos. to support no more than xxx. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. Cash to close $xxx. Cash reserves $xxx. No reserves required. |
| 10001 | XXXXXX | IA | (No Data) | ATR/QM: Exempt | C | B | A | A | C | B | A | A | C | B | A | A | C | B | A | A | Property Valuations | Property | Active | C | B | C | B | PRVAPROP2674 | Property Issues Indicated 2 | No | Current guidelines allow minimum xxxin equity. Property appraised for $xxxand Loan amount xxx% LTV is $xxxx. There is a loan exception in the file for less than $xxxin equity that is not approved and does not have compensating factors. | xxx Client responded - Please see the attached loan exception in the file for less than $xxx in equity with compensating factors. Please clear the exception. | xxx Sr UW additional review. Client sent Approved Exception by management with less than $xxxminimum equity with compensating factors of xxxmonths of xxxmortgage history with xxxmortgages and Benefit to borrower with cash to borrower at closing. Exception remains, however deemed non material per the compensating factors listed. The securitization has changed and the Lender exception has been received. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrower has cash back and money in xxx which exceeds guideline reserve requirements. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx FICO CFCFS2860: Good credit history - Clayton Comments: All open accounts are current |
| 10095 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL100 | Legal document incorrect or incomplete | No | Articles of Organization show xxx, however unable to determine the percentage of ownership for xxx% or more of the xxx, he will need to execute a Personal Guaranty. | xxx Client responded - Please see the attached Articles of Organization and Operating agreement showing that xxx is the main one and has xxx% ownership so there is no need for personal guaranty for xxx Please clear the exception. xxx-Clients response: xxx pm Please see the attached proof ownership to show xxx is xxx% . Please clear the condition xxx-Clients response: xxx pm Please see the attached Operating Agreement under Certificate of Formation it says the persons executing this agreement as Manager so xxx% ownership. Please clear the exception. xxx pm Please see the attached cpa letter showing xxxis xxx% ownership. Please clear the condition. | xxx Client sent the Articles of Organization that show xxx Management Structure: More than One Manager and Organizer: xxx The EIN shows xxx as Member and the Operating Agreement is signed by xxx. These documents do not show that xxx% owner of xxx. Exception remains xxx-The xxx Legal Entity Review form is not sufficient to verify that xxx% owner of xxx, as the Articles of Organization and Operating Statement do not support the document. Exception remains. xxx-The documents provided have been reviewed and do not reflect ownership percentage for xxx A letter from their CPA confirming percentage each have in the business would be sufficient to clear the exception. Exception remains. xxx: Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history |
| 10418 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | Missing all income documentation for xxx, xxx extension if applicable, No YTD distributions to determine if decline of income since selling shares | xxx-Clients response: xxx pm Please see the attached xxx tax IRS Extension. Please clear the exception. | xxx-Received extension, exception is satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10116 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxxyears. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in same profession for over xxxyears. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. | |||||||||||||||
| 10123 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Potential Misrepresentation | Satisfied | C | A | C | A | CRDPMR1811 | Potential misrepresentation of borrower's property ownership history | No | Appraiser to correct the appraisal report to reflect that the occupant is not the owner. The file indicates the new tenant has not moved into the property at the time of the appraisal inspection. This needs to be added to the report and a letter from the borrower that supports this report. | xxx Client responded - Based on photos from appraisal, the property is vacant. Borrower to provide a copy of the fully executed lease for the subject property along with a copy of the cancelled check for the security deposit and the first month's rent. Please clear the exception. | Provide clarification from the appraisal the occupancy status of the property. xxx Client sent in the Lease for tenant for term of xxx through xxx for $xxxper month along with copies of xxxMoney orders totaling $xxxto deposit to xxx. Client also sent in the updated Appraisal stating the property is tenant occupied. All documents received support the property is leased. Exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves $xxx; required reserves $xxx CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Borrower has xxx months mortgage payment history with no late. CFCFS1745: Significant total monthly debt reduction - Clayton Comments: Housing payment on subject property decreasing xxx% from $xxx to $xxx monthly. |
| 10011 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2860: Good credit history - Clayton Comments: The Borrower is good credit history xxx for more than xxx months. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The Borrowers mortgage credit history has been xxx for more than xxx months. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrower credit score is xxx; minimum credit score is xxx. | |||||||||||||||
| 10144 | XXXXXX | GA | (No Data) | ATR/QM: Exempt | D | B | D | A | B | B | N/A | N/A | D | B | D | A | B | B | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL100 | Legal document incorrect or incomplete | No | Provide evidence of the percentage of ownership that xxx; she is the xxx., if she owns xxx% or more she will need to sign a Personal Guaranty. | xxx-Clients response: xxx pm Please see the attached proof xxx% ownership. Please clear the condition xxx Client responded - Please see the attached xxx share xxx on xxx and xxx which totals xxx% . Please clear the exception. xxx-Clients response: xxx pm Please see the attached stock purchase agreement to show ownership. Please clear the condition. xxx-Clients response: xxx pm Please see the attached document that shows the xxx% sold in xxx. Please clear the exception. xxx-Clients response: xxxPlease see the attached. xxx xxx% of the shares since xxxon xxx xxx% share to xxx per stock purchase agreement which now xxx% shares. See the stock purchase agreement it all aligns. Please clear the condition | xxx: The document provided does not indicate that the borrower is xxx% owner of the company xxx. Exception remains. xxx Client sent the xxx for xxx shares issued xxx and xxx shares issued xxx. This document does not verify that xxx% of xxx. It verifies that he owns xxx shares. How many shares were officially issued for the company. Exception remains xxx: The document provided does not verify that the borrower owns xxx% of the company. It verifies that xxx% of the outstanding shares were sold; the sale is not documented. Document that xxx owns xxx% of company. Exception remains. xxx-The document does not support the sale; provide documentation that xxx%. Exception remains. xxx-Documents received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. Cash required to close $xxx. Required reserves xxx months x PITI $xxx = $xxx. Excess reserves $xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. |
| 10144 | XXXXXX | GA | (No Data) | ATR/QM: Exempt | D | B | D | A | B | B | N/A | N/A | D | B | D | A | B | B | N/A | N/A | Property Valuations | Property | Active | B | B | B | B | PRVAPROP871 | Property Location unacceptable under guidelines | No | Appraisal indicates property location is rural. Per guide rural properties are an ineligible property type. Approved credit exception located in file to allow the property type as rural. | (No Data) | xxx Underwriter has reviewed the Credit Exception Request Form that has been approved by upper management for the property being in a rural area. The exception remains, however, deemed non-material due to the property being rural is not a fatal issue. Compensating factors are fico xxx, LTV xxx%, borderline rural suburban. xxx less than xxx miles from subject. The xxx grade has been changed from material to non-material. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. Cash required to close $xxx. Required reserves xxx months x PITI $xxx = $xxx. Excess reserves $xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. |
| 10117 | XXXXXX | SC | (No Data) | ATR/QM: Exempt | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | Property Valuations | Property | Satisfied | C | A | C | A | PRVAPROP177 | Property Issues Indicated | No | Per Appraiser the property is Rural which is ineligible for the loan program. Note: the comparables are within xxx miles of subject property with xxx within xxx miles. Property has xxx acres which is less than xxx acres per guidelines. | xxx=Clients response: xxx pm Property reviewed by Management. We are ok to proceed with considering the property suburban with rural characteristics. Property is located within xxx mins to xxx Please clear the condition. | xxx: Property was approved by xxx underwriter. Exception is satisfied. | (No Data) | Not Applicable | CFCFS1746: Significant housing expense reduction - Clayton Comments: Current PITI $xxx - New PITI $xxx monthly savings. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of xxx is above the minimum required xxx based on LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below the maximum allowable xxx% based on Credit score. |
| 10419 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | C | A | D | A | D | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3552 | TRID - Loan Estimate not timely | No | Initial 1003 dated signed xxx; Intent to Proceed is dated xxx and signed xxx | xxx - Client response - Please see the attached LE dated xxx which was signed in a timely manner. Please clear the exception. | xxx - xxx response - Exception satisfied. Client provided xxx as earliest LE. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceed guidelines CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10419 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | C | A | D | A | D | A | A | A | C | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | Missing Lenders income worksheet to match $xxx monthly income | xxx Client responded - Please see the attached Lenders income worksheet to match $xxx monthly income. Please clear the exception | xxx Client sent the Lender Income worksheet verifying the $xxx monthly income. Exception satisfied | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceed guidelines CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10012 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: The LTV is xxx; guideline maximum with a xxx credit score is xxx%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is xxx; guideline minimum is xxx LTV of xxx%; The current LTV is xxx%. | |||||||||||||||
| 10046 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | B | B | A | A | C | A | C | B | B | B | A | A | C | A | Compliance | Texas Home Equity | Satisfied | C | A | C | A | CMPTXHE846 | TX Equity - Closed before later of appl/discl + 12 days | No | Application date is xxx; Notice Concerning Extensions of Credit is dated xxx; Note date is xxx. Both the Application and Notice Concerning Extensions of Credit must be executed at least xxxdays prior to closing. | xxx- Client response - Please see attached Notice Concerning Extensions of Credit dated xxx and signed by borrower that was included with initial disclosures to the borrower. | xxx - Exception satisfied. Client provided signed xxx day at least xxx days before closing. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10046 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | B | B | A | A | C | A | C | B | B | B | A | A | C | A | Credit | Terms/Guidelines | Active | B | B | B | B | CRDTER127 | Payment shock does not meet guidelines | No | Payment shock exceeds xxx% requirement | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10013 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Closing date is xxx, Disbursement date ad per Final CD is xxx the xxx day waiting period was not met. | xxx - Client response - The initial CD was issued on xxx and loan closed/disbursed on xxx. This satisfies the xxx required xxx waiting period. There were two subsequent revised CD's - one on xxx and another on xxx- the interest rate was reduced from xxx% to xxx% on each (APR reduction was due to rate reduction so no new xxx-day waiting period required) - loan amount decreased with each from $xxx to $xxx to $xxx. Please see attached initial CD. | xxx Response - Exception satisfied. Client provided an executed CD showing Disbursement date met xxx day waiting period. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: xxx years living at primary residence. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx month of xxx consumer credit history. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR in file. |
| 10096 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Good reserves | |||||||||||||||
| 10097 | XXXXXX | NC | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of xxx is above the minimum required xxx. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Required reserves xxx months X $xxx = $xxx. Excess reserves $xxx. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below the maximum allowed xxx% for Purchase with FICO of xxx. | |||||||||||||||
| 10124 | XXXXXX | GA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx required reserves $xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum is xxx. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Borrower has no late pays on mortgage for past xxx years. | |||||||||||||||
| 10098 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3966 | TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected | No | Final CD dated xxx The "Will Not Have an Escrow Account" in the CD Loan Disclosures section is selected and neither of You declined it and/or Your lender does not offer one are selected. There is not a post close CD correcting this error. | xxx - Client Response #1 - Loan is NOT a Higher-Priced Mortgage Loan. The APOR published on the rate lock date of xxx was xxx% and the APR is xxx%. The spread for a jumbo loan is xxx% and this loan is below at xxx%. Please clear the condition. xxx - Client response #2 - Please see the attached PPCD. Please clear the exception. | xxx conclusion - Exception remains. Client representative response makes no sense. Exception is about boxes not being checked on disclosures on a CD. Please provide PCCD with error corrected. xxx conclusion - Exception satisfied. Client provided a PCCD with box checked | Non-Numeric | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxxand minimum required is xxx. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is xxx% and maximum allowed is xxx% as borrower is first time home buyer. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx% and maximum allowed is xxx%. |
| 10099 | XXXXXX | IL | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Terms/Guidelines | Active | B | B | B | B | CRDTER113 | Loan amount is below guideline minimum | No | Loan does not meet minimum equity of $xxx required. There is equity of $xxx. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines xxx CFCFS2860: Good credit history - Clayton Comments: Good credit history CFCFS1739: Postive mortgage payment history - Clayton Comments: Positive mortgage payment history xxx |
| 10100 | XXXXXX | NM | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence since xxx CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The Borrower has had xxx for more than xxx months. CFCFS2860: Good credit history - Clayton Comments: The Borrower has had good credit history xxxfor more than xxxmonths. | |||||||||||||||
| 10014 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx%; guideline maximum is xxx%. CFCFS1744: DTI below guideline requirement - Clayton Comments: The DTI is xxx% guideline maximum is xxx%, CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is xxx; guideline minimum is xxx. | |||||||||||||||
| 10787 | XXXXXX | MO | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Assets | Satisfied | C | A | C | A | CRDAST3078 | Insufficient # of months cash reserves for PITI per guideline requirements | No | Loan program requires xxxmonths of reserves $xxxand borrower has xxx. Provide additional assets to meet this requirement. | xxx pm Please see the attached xxxmonths of reserves $xxx and borrower has $ xxx assets to meet this requirement xxx-Clients response: xxx pm Please see the attached to show proof he is xxx% the owner . Please clear the exception. | xxx-Provide documentation that ties the borrower to the owner of the xxx in the name of xxx. Exception remains. xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of xxx is above the minimum required xxx for base LTV of xxx%. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Borrower's credit history with xxx open trade lines and xxx reporting for more than xxx months exceeds requirement of at least xxx trade lines reporting for at least xxx months or xxx trade lines reporting for at least xxx months with activity in past xxx months. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash reserves of $xxx exceeds guidelines of xxx required. |
| 10787 | XXXXXX | MO | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Credit/Mtg History | Active | B | B | B | B | CRDCRMH193 | Length of mortgage/rental history in file does not meet guideline requirement | No | Guidelines require verification of mortgage liens. Lender approval required a verification of mortgage from xxx as it was reflected on the open liens report. Provide satisfactory verification of mortgage from xxx through the funding month. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of xxx is above the minimum required xxx for base LTV of xxx%. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Borrower's credit history with xxx open trade lines and xxx reporting for more than xxx months exceeds requirement of at least xxx trade lines reporting for at least xxx months or xxx trade lines reporting for at least xxx months with activity in past xxx months. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash reserves of $xxx exceeds guidelines of xxx required. |
| 10787 | XXXXXX | MO | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Credit/Mtg History | Satisfied | D | A | D | A | CRDCRMH149 | Missing support docs for VOM/VOR (e.g. cancelled checks) | No | Guidelines require that the mortgage history be documented with xxxmonths cancelled checks front and back for private party/non-institutional lenders. Lender provided VOM from Lewis xxx who was the property seller at time of purchase. Provide satisfactory evidence of most recent xxxmonths payments. | xxx - Client responded - xxx year old property management company handling large volumes of property management in xxx area. Deemed this as an xxx | xxx Client sent a xxx which has been in business for xxx years. VOM in file and mortgage was paid off at closing. Lender approval asked for a different company. Mortgage was originated in xxxper the VOM with xxx history. Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of xxx is above the minimum required xxx for base LTV of xxx%. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Borrower's credit history with xxx open trade lines and xxx reporting for more than xxx months exceeds requirement of at least xxx trade lines reporting for at least xxx months or xxx trade lines reporting for at least xxx months with activity in past xxx months. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash reserves of $xxx exceeds guidelines of xxx required. |
| 10787 | XXXXXX | MO | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL4033 | Missing Legal Document(s) | No | Provide a Loan Guarantor form that has been executed by the borrower. Anyone owning xxx% of an LLC must sign the form. | xxx-Clients response- xxx pm Please see the attached Personal Guaranty for the borrower. Please clear the exception | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of xxx is above the minimum required xxx for base LTV of xxx%. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Borrower's credit history with xxx open trade lines and xxx reporting for more than xxx months exceeds requirement of at least xxx trade lines reporting for at least xxx months or xxx trade lines reporting for at least xxx months with activity in past xxx months. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash reserves of $xxx exceeds guidelines of xxx required. |
| 10787 | XXXXXX | MO | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Credit | Title | Satisfied | C | A | C | A | CRDTIL100 | Potential title issue | No | Guidelines require all liens paid off at closing. Lender provided title commitment reflecting xxx liens. Provide final title reflecting the subject loan as the only outstanding lien on the property. | xxx-Clients response: xxx pm Per title- they are all satisfied we have not received final title policy yet Those are all satisfied and will be removed from the loan policy that will be issued for this closing | xxx-Dcoument received, exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of xxx is above the minimum required xxx for base LTV of xxx%. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Borrower's credit history with xxx open trade lines and xxx reporting for more than xxx months exceeds requirement of at least xxx trade lines reporting for at least xxx months or xxx trade lines reporting for at least xxx months with activity in past xxx months. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash reserves of $xxx exceeds guidelines of xxx required. |
| 10047 | XXXXXX | NV | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS2860: Good credit history - Clayton Comments: Borrower has credit history since xxxwith no late payments reporting. CFCFS1739: Postive mortgage payment history - Clayton Comments: Borrower has more than xxxyears mortgage pay history with no late pays. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxxand minimum required is xxx. | |||||||||||||||
| 10048 | XXXXXX | NV | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV below guidelines requirements CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines CFCFS2860: Good credit history - Clayton Comments: Good credit history | |||||||||||||||
| 10101 | XXXXXX | UT | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | LTV/CLTV | Satisfied | C | A | C | A | CRDLTV3024 | LTV Exceeds Guideline Requirement by less than 5% | No | LTV is xxx% based on loan amount $xxx and value $xxx; maximum LTV for interest only loan is xxx%. Loan approval in file confirms xxx% LTV with interest only is approved. Loan Exception Request not found. HUD does not show points being financed (allowed per guidelines) | xxx-Clients response: xxx pm The broker points were financed xxx%) Please see the attached Pricing validation . Please clear the exception. xxx Client responded - The broker points were financed (xxx%) Please see the attached Pricing validation . Please clear the exception. xxx-Clients response: xxxam Please see the attached pricing validation and at the bottom it shows xxx Please clear the exception xxx Client responded - This loan was priced at xxx% LTV and then we financed xxx% broker points which made this xxx% LTV. It was priced at xxx% - there is no pricing validation to prove this because the rate wouldn't be right since there was a rate exception. Please clear the exception. | xxx-The Mortgage Pricing Options sheet does not reflect any discount points financed. Exception remains. xxx did not receive the Pricing Validation. Please resend. Exception remains xxx-The Mortgage Pricing Options sheet does not reflect any discount points financed. Exception remains. xxx The client sent the final xxx showing xxx% LTV. Per xxx guidelines broker fees are allowed to be financed and the LTV will reflect this xxx% however pricing will be based on the base LTV of xxx% and not viewed as an exception to the loan. Exception satisfied . | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxxRequired reserves $xxx CFCFS1747: Housing expense increase is 10% or less - Clayton Comments: Borrower payment shock is minimal, xxx% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxxand minimum required is xxx. |
| 10145 | XXXXXX | CT | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | N/A | N/A | B | B | B | B | A | A | N/A | N/A | Credit | Credit/Mtg History | Active | B | B | B | B | CRDCRMH193 | Length of mortgage/rental history in file does not meet guideline requirement | No | Missing verification of timely mortgage payments to xxx for xxx mortgage/commercial promissory note dated xxx on xxx. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum required is xxx CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx; required reserves $xxx. CFCFS1747: Housing expense increase is 10% or less - Clayton Comments: Housing expense on subject property is xxx%. |
| 10102 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Application | Active | B | B | B | B | CRDAPP1813 | Undisclosed non-arm's length transaction | No | xxx does not allow for Non-arm's length transactions. The borrower and seller are related (xxx). | (No Data) | xxx Underwriter has reviewed the Approved Loan Exception for the transaction not being a Non-Arms Length transaction; the buyer and seller are related and this is not allow on the xxx loan program. The exception remains, however, is deemed non-material due to this not being a fatal issue. The compensating factors on the file are high fico xxx, xxx months in reserves,xxx years at this present address and xxx on the current mortgage history. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representing Credit Score is xxx. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for xxx years. CFCFS2860: Good credit history - Clayton Comments: Per Credit report, Borrower has a good credit history with no derogatory account. xxx CFCFS1739: Postive mortgage payment history - Clayton Comments: Per Credit Report, Borrower has a positive mortgage payment history.xxx |
| 10146 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Credit/Mtg History | Active | B | B | B | B | CRDCRMH119 | Consumer lates exceed guidelines | No | Borrower has a late payment on their current mortgage, Guidelines do not allow for any xxx day late. | (No Data) | xxx Underwriter has reviewed the Credit Exception Request approved by upper management thus allowing the xxx day mortgage late which is outside of guidelines for the program. The exception will remain, however, will be deemed at non-material due to it not being a fatal issue. Compensating factors are xxx years at this primary residence, xxx months in reserves and a LTV of xxx%. The xxx grade has been changed from material to non-material. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx% and maximum allowed is xxx% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx with no reserves required. |
| 10146 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL1817 | Final HUD-1 is incomplete or illegible | No | Copy of HUD1 in file is signed and certified; however, the closing date does not appear correct as it predates the note by over xxx month and the settlement date and disbursement date are blank. | xxx Client responded - Please see the attached final hud 1 . the note date is dated xxx its not over by a month | xxx Client sent a copy of the final HUD dated xxx. HUD in the file was an Estimated HUD. Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx% and maximum allowed is xxx% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx with no reserves required. |
| 10103 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Need proof initial CD xxx was received by borrower xxxdays before consummation date ofxxx. | xxx- Client response - Please see the attached to show proof the borrower received by borrower xxxxdays before consummation date of xxx. Please clear the condition. | xxx Conclusion - Exception satisfied. Client provided Doc magic sign receipt that borrower e-signed xxx | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxxrequired reserves $xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum required is xxx CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is xxx% and maximum allowed is xxx% CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers lived at current residence xxxyears. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx% and maximum is xxx%. |
| 10147 | XXXXXX | NV | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1739: Postive mortgage payment history - Clayton Comments: Borrower has several mortgages and all of an excellent pay history. CFCFS1737: LTV below guideline requirements - Clayton Comments: xxx% LTV. Max xxx%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx credit score. Min xxx. | |||||||||||||||
| 10148 | XXXXXX | AZ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | Right of Rescission | Satisfied | B | B | B | B | CMPROR117 | ROR - Expiration date on form prior to end of rescission period | No | Expiration date of ROR is dated xxx. Earliest expiration date for ROR is xxx, giving a full xxx business day recession period | xxx - Client response - Verbiage is confusing. Reviewer states that the expiration date of the Right to Cancel is xxx, then states that the earliest expiration is xxx. Reviewer was correct the first time. Right to Cancel was signed on xxx making the expiration of the Right to Cancel xxx. There is no exception here. Please clear and remove this exception. | xxx conclusion - Exception satisfied. Client provided PCCD showing disbursement date xxx that is after ROR expiration date of xxx. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: xxx years as a property manager. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx months of 0f xxx consumer credit history per CBR. |
| 10148 | XXXXXX | AZ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | Right of Rescission | Satisfied | C | B | C | B | CMPROR2330 | ROR - Disbursement date is before end of statutory rescission period | No | Disbursement date is xxx which is before the end of statutory recession period for the ROR | xxx - Client response - Per comment on the previous exception for this file, there is no reason for exception. Right to Cancel was signed on xxx making the expiration of the Right to Cancel xxx. Per exception detail comments, disbursement date is xxx days AFTER the expiration of the borrower's right to cancel. There is no exception here. Please clear and remove this exception. | xxx - xxx conclusion - Exception satisfied. Client provided PCCD showing disbursement date xxx that is after ROR expiration date of xxx | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: xxx years as a property manager. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx months of 0f xxx consumer credit history per CBR. |
| 10104 | XXXXXX | NV | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Credit | Assets | Active | B | B | B | B | CRDAST115 | Cash reserves do not meet guidelines | No | Loan was approved with xxx months of reserves due to the borrower not meeting the guidelines of having a housing expense for xxxmonths. Underwriter required that an additional xxx months reserves be provided for a total of xxx months of reserves that were seasoned for xxxdays. | (No Data) | xxx Underwriter has reviewed the approved Lender Credit Exception for the borrower not meeting the condition of xxxmonths in reserves. The exception remains, however, is deemed non-material due to the additional xxxmonths of reserves is not a fatal error. Compensating factors are xxxfico, DTI ratios xxx, The securitization grade is changed from material to non-material. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in profession for over xxxyears. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is < xxx% CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. |
| 10104 | XXXXXX | NV | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Credit | Insurance | Satisfied | C | A | C | A | CRDINSR5351 | Insurance Effective date is greater than the transaction date | No | Effective date and disbursement date for loan are both xxx | xxx=Clients response: xxx pm Please see the attached Effective date and disbursement date for loan xxx Please clear the exception. | xxxDocument received, exception is satisfied. | Not Applicable | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in profession for over xxxyears. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is < xxx% CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. |
| 10149 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have xxx years xxx months at current residence. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying CLTV xxx% below program maximum xxx%. CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx, xxx mos. | |||||||||||||||
| 10769 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | C | A | N/A | N/A | D | A | D | A | C | A | N/A | N/A | Credit | Application | Satisfied | D | A | D | A | CRDAPP157 | Application Not Signed by Primary Borrower | No | Provide the final xxx that has been signed by all borrowers. | xxx Client responded - Please see the attached final xxx signed by both bwrs. Please clear the condition | xxx Client sent a copy of the signed final xxx. Exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx required reserves. CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history with no late pays in past xxx months CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx d maximum is xxx cash out for foreign nationals. |
| 10769 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | C | A | N/A | N/A | D | A | D | A | C | A | N/A | N/A | Credit | Application | Satisfied | D | A | D | A | CRDAPP3822 | Missing or incomplete documentation related to citizenship/residency | No | Loan applications show both borrowers as Non-Permanent Resident Alien's; provide the identification cards for both borrowers. | xxx Client responded - Please see the attached non permanent resident alien cards. Please clear the exception | xxx Client sent a copy of the B1 and B2 xxx Passports. Exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx required reserves. CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history with no late pays in past xxx months CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx d maximum is xxx cash out for foreign nationals. |
| 10769 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | C | A | N/A | N/A | D | A | D | A | C | A | N/A | N/A | Credit | Credit/Mtg History | Satisfied | C | A | C | A | CRDCRMH2416 | Questionable factors on credit report | No | Provide the social security verification for xxx; the xxx does not show a SSN. | xxx-Clients response: xxx pm Per xxx guidelines the social security is not required see page xxx xxx Clients response: xxx pm Per xxx guidelines the social security is not required see page xxx The co bwr is a non resident alien xxx-Clients response: xxx pm Please see the attached pricing sheet when we did the loan in the '' Citizenship Part'' the borrower is a Foreign National - not a resident alien this is how we priced the loan and the xxx does not give the option for '' Foreign Nationals. Please clear the condition I have attached again a copy of her xxx which you cleared and her passport and per our guideline's this is all you need on page xxx xxx-Clients response: xxx Apologies for the confusion on this borrower's status. Please see file uploaded to xxx on xxx titled xxx Final Signed xxx There were clerical issues with previous xxxs which showed the co-borrower as a non-permanent resident alien. Both borrower's are foreign nationals from Canada. The above referenced file is the final 1003 which was signed at closing by both borrowers and is corrected to ensure that the ''Non-Permanent Resident Alien'' was not selected under the Citizenship section. There is no need for an updated 1003 as the signed copy uploaded was the corrected version which was signed by the borrowers at closing. Please clear exception. x | xxx ws that B2 is a Non-Permanent Resident Alien; please provide her Non-Permanent Resident Alien ID Card. Her passport will not clear this exception. Exception remains. xxx vide the Non-Permanent Resident Alien ID Card for the co-borrower. Exception remains. xxx vide an updated 1003 for the co-borrower; the one in the file shows the borrower as a Non-Permanent Resident Alien. Exception remains. xxx ment received; exception is satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx required reserves. CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history with no late pays in past xxx months CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx d maximum is xxx cash out for foreign nationals. |
| 10769 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | C | A | N/A | N/A | D | A | D | A | C | A | N/A | N/A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | The Lease Agreement is not signed; provide the signed Lease Agreement with the evidence of the first months rent paid and the security deposit received. | xxx responded - Please see the attached singed lease agreement signed by all parties please clear the condition | xxx sent a copy of the signed Lease agreement by all parties. Exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx required reserves. CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history with no late pays in past xxx months CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx d maximum is xxx cash out for foreign nationals. |
| 10769 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | C | A | N/A | N/A | D | A | D | A | C | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL100 | Legal document incorrect or incomplete | No | 1-Missing signed personal guaranty forms for xxx -Missing signed xxx | Please see the attached personal guaranty for both the borrowers. Please clear the condition 11.4.2022-Clients response: xxxPlease see the attached W8. Please clear the condition | xxx Client sent in the signed Personal Guaranty's for both B1 and B2. Still missing the xxx. Exception remains. 11.4.2022-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx required reserves. CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history with no late pays in past xxx months CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx d maximum is xxx cash out for foreign nationals. |
| 10769 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | C | A | N/A | N/A | D | A | D | A | C | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL1817 | Final HUD-1 is incomplete or illegible | No | HUD1 in file showing settlement and disbursement date xxx is not signed and it does not verify it is the final version. | xxx Client responded - Please see the attached Final Hud 1 . Please clear the condition | xxx Client sent in the final HUD. Exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx required reserves. CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history with no late pays in past xxx months CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx d maximum is xxx cash out for foreign nationals. |
| 10769 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | C | A | N/A | N/A | D | A | D | A | C | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL225 | Missing Rider | No | File is missing all the signed addendums and riders to the Note and Mortgage. | xxx Client responded - Please see the attached Fully executed note and fully executed DOT/ Mortgage. Please clear the exception. | xxx Client sent a copy of the fully executed Riders and the Mortgage and Note. Exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx required reserves. CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history with no late pays in past xxx months CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx d maximum is xxx cash out for foreign nationals. |
| 10769 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | C | A | N/A | N/A | D | A | D | A | C | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2277 | Note Not Executed | No | Provide the Note that has been executed by all parties. | xxx Client responded - Please see the attached fully executed note. Please clear the condition. | xxx Client sent a copy of the fully executed Note with all addendums fully executed. Exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx required reserves. CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history with no late pays in past xxx months CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx d maximum is xxx cash out for foreign nationals. |
| 10769 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | C | A | N/A | N/A | D | A | D | A | C | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL4033 | Missing Legal Document(s) | No | Underwriting required Credit Reference due to being Foreign National and a utility bill from their residence in xxx. ** Note if they are Non-Permanent Resident Aliens we won't need the credit reference. File has conflicting information. | xxx Client responded - The borrowers are non permanent resident aliens . the passports were provided to you. Please clear the condition | xxx Client sent the borrower's xxx Passports. Verified B1 and B2 are foreign nationals. Exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx required reserves. CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history with no late pays in past xxx months CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx d maximum is xxx cash out for foreign nationals. |
| 10769 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | C | A | N/A | N/A | D | A | D | A | C | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL806 | Notary Status is missing | No | Provide the mortgage that has been executed by all parties. | xxx Client responded - Please see the attached executed Mortgage. Please clear the condition | xxx Client sent in the fully executed Mortgage with Notary signature. Exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx required reserves. CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history with no late pays in past xxx months CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx d maximum is xxx cash out for foreign nationals. |
| 10769 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | C | A | N/A | N/A | D | A | D | A | C | A | N/A | N/A | Property Valuations | FEMA | Satisfied | C | A | C | A | PRVAFEMA858 | Natural Disaster Area, no subsequent inspection (Individual & Public) | No | On xxx disaster was declared due to Hurricane Ian in the region. The appraisal is dated xxx the loan closed on xxx inspection is required to ensure the integrity of the subject property has not been compromised due to storm | xxxesponse: xxx Please see attached post disaster inspection and clear condition. | xxx Document received exception is satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx required reserves. CFCFS2860: Good credit history - Clayton Comments: Borrowers have good credit history with no late pays in past xxx months CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx d maximum is xxx cash out for foreign nationals. |
| 10105 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in profession for over xxxyears. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is xxx CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. | |||||||||||||||
| 10049 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Terms/Guidelines | Active | B | B | B | B | CRDTER127 | Payment shock does not meet guidelines | No | Payment shock of xxx% is greater than xxx% required for xxxtime home buyer. File contains Exception for this approved by management with compensating factors of $xxxxxx plus xxxmonths reserves required from borrower's funds, no gift. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been in same self employed job for xxxyears. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx% and maximum LTV is xxx%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx, minimum required for first time buyer is xxx. |
| 10106 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | Missing xxx bank statements to support income and deposit | xxx Client responded - Please see the attached xxx xxx bank statements to support income and deposit . Please clear the exception. | xxx Client sent the bank statement to support income and deposit of $xxx Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10106 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2420 | Missing HUD-1 (Final and Estimated) | No | Missing Final disbursed sign HUD with final figures | xxx Client responded - Please see the attached Final Hud 1. Please clear the condition. | xxx Client sent the Master Final Settlement Statement. Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed guidelines |
| 10015 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx; no reserves required CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum required is xxx. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx% and maximum allowed is xxx%. | |||||||||||||||
| 10107 | XXXXXX | NV | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL1819 | Estimated HUD-1 in File, Missing Final HUD-1 | No | Provide Final HUD 1 statement, file contains Estimated HUD that is marked True and Certified. | xxx-Clients response: xxx pm Please see the attached Final Hud 1. Please clear the condition | xxx-Document received, exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program CFCFS2860: Good credit history - Clayton Comments: All open accounts are current |
| 10125 | XXXXXX | GA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves in file exceed guidelines CFCFS2860: Good credit history - Clayton Comments: All open accounts are current CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is xxx | |||||||||||||||
| 10150 | XXXXXX | WA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI xxx% below program maximum xxx%. | |||||||||||||||
| 10004 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxxyears. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in profession for over xxxyears. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xx% is below guideline requirement of xxx% for this program. | |||||||||||||||
| 10118 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is xxx | |||||||||||||||
| 10016 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1737: LTV below guideline requirements - Clayton Comments: The LTV is xxx%; guideline maximum is xxx%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified Cash Reserves $xxx; Subject PITIA is $xxx months in reserves. CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence for xxx years. | |||||||||||||||
| 10050 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been Employed in the same profession for xxxyears. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx%; guideline maximum is xxx%; with a credit score of xxx. CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current residence forxxx years. | |||||||||||||||
| 10151 | XXXXXX | TN | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Credit/Mtg History | Active | B | B | B | B | CRDCRMH119 | Consumer lates exceed guidelines | No | Current guideline -xxx Month Seasoning since last mortgage late exceeding xxx days. Bwr was xxx days in xxx which would make this loan eligible xxx. Allowing to close early inside of august since only xxx weeks out. | (No Data) | xxx Underwriter has reviewed the Loan Exception Form approved by upper management. Seasoning since the last mortgage payment does not adhere to guidelines, however, the exception will remain but is deemed non-material due to this not being a fatal issue. Compensating factors are the low DTI ratios xxx%, Loan to value is xxx%,borrower has been self employed for xxx years and has lived at the subject property for xxx years. The xxx grade is changed from material to non-material. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over xxx years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at same residence for over xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. |
| 10108 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for xxx years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrower has cash reserves of $xxx, no reserves required. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx% and maximum allowed is xxx%. | |||||||||||||||
| 10109 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: The Borrower has been in the same profession for xxxyears. CFCFS1736: Significant time at current residence - Clayton Comments: The Borrower has resided at the current resided for xxxyears. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is xxx%; guideline maximum is xxx%. | |||||||||||||||
| 10051 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3552 | TRID - Loan Estimate not timely | No | Initial application was taken xxx, the intiial LE was not issued until xxx. Greater than the required xxxdays | xxx - Client response - Application dated xxx provided in error and is incomplete. Please see attached correct applications dated xxx | xxx - Exception satisfied, Client provided Correct Application dated xxx. Client stated that xxx is incomplete and provided in error. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxxyears. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over xxxyears. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. |
| 10152 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Compliance | Documentation | Satisfied | D | A | D | A | CMPDOC806 | Notary Status is missing | No | The DOT in the file is unsigned copy. Please provide the fully executed DOT with all applicable riders and notary. | xxx-Clients response: xxx pm Please see the attached executed dot. Please clear the condition | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid score per CBR CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx months of xxx consumer credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: xxx months of reserves. |
| 10152 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Compliance | Documentation | Satisfied | D | A | D | A | CMPDOC869 | Mortgage not signed | No | The DOT in the file is unsigned copy. Please provide the fully executed DOT with all applicable riders. | xxx-Clients response: xxx pm Please see the attached executed dot . Please clear the exception. | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid score per CBR CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx months of xxx consumer credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: xxx months of reserves. |
| 10152 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2277 | Note Not Executed | No | Note in file is not signed by the borrower. | xxx-Clients response: xxx pm Please see the attached executed note. Please clear the condition. | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid score per CBR CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx months of xxx consumer credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: xxx months of reserves. |
| 10152 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2420 | Missing HUD-1 (Final and Estimated) | No | Missing final signed CD. | xxx-Clients Response: xxx pm PLEASE SEE THE ATTACHED FINAL HUD 1.Please clear the condition. | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid score per CBR CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx months of xxx consumer credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: xxx months of reserves. |
| 10110 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Credit | LTV/CLTV | Active | C | B | C | B | CRDLTV3026 | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | Max LTV on this loan program is xxx% due to the credit score being xxx. | xxx Client responded - Please see the attached Loan exception for the LTV over by xxx%. Please clear the exception. xxx Sr. U/W additional review. LTV of xxx% is greater than xxx% allowed per guidelines with a xxx score for purchase of investment property. Client sent the Loan exception with compensating factors of xxx months reserves, xxx years of payment history, xxx years at current address and mid score of xxx. Exception was approved by management. The exception remains, however the xxx grade is hanged from material to non-material. | xxx Upon further review, Exception approval provided with compensating factors. Exception remains, however deemed non material and is not a fatal issue, compensating factors of xxx months reserves, xxx years of payment history, xxx years at current address and mid score of xxx. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx; required reserves $xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum required is xxx CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is xxx%. |
| 10715 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | Property Valuations | FEMA | Satisfied | A | A | A | A | PRVAFEMA4817 | Natural Disaster Area, Subseq inspect prior to Disaster (Individual & Public) | No | FEMA xxx reported with declaration date xxx and effective date xxx for Hurricane xxx. Disaster inspection dated xxx reflects no damage. (xxx). | xxx: Lender provided copy of PDI dated xxx showing no damage | xxx: Exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program maximum xxx. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years xxx months at current residence. CFCFS2860: Good credit history - Clayton Comments: Borrower has low use of consumer credit. Credit line usage xxx%. |
| 10153 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | N/A | N/A | C | A | C | A | A | A | N/A | N/A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Provide CPA letter stating the percentage of ownership for the borrower; for the xxx. | xxx. Client responded - Please see the attached CPA LETTER xxx.% Ownership. Please clear the exception. | xxx. Client sent a letter from xxx.% Ownership for xxx. In xxx. Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx. Years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx.% is below guideline requirement of xxx.% for this program. CFCFS2860: Good credit history - Clayton Comments: All open accounts are current |
| 10154 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. CFCFS2860: Good credit history - Clayton Comments: All open accounts are current. | |||||||||||||||
| 10155 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets verified $xxx. No cash required to close. Required reserves xxx months x $xxx CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. | |||||||||||||||
| 10156 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Credit/Mtg History | Satisfied | C | A | C | A | CRDCRMH123 | No evidence of required debt payoff | No | Final approval shows auto payment with xxx was paid at closing and not included in debt. No proof in file of payoff. Including this debt would push the back end DTI to xxx%. | xxx Client responded - This debt is paid thru the business checking account Please see the attached Business Bank Statement showing being paid and also please see the attached guidelines showing the business debts are not included in the borrower's debt. Please clear the exception. | xxx Client sent Business Bank statement verifying xxx payment being paid by business. Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx months of xxx consumer history per CBR. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: xxx months of xxx rental history per VOR in file. |
| 10157 | XXXXXX | IL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Insurance | Satisfied | D | A | D | A | CRDINSR848 | Missing Hazard Insurance | No | Missing required xxx master hazard policy. | xxx Client responded - Please see the attached master policy. Please clear the exception. | xxx Client sent the xxx Master Hazard policy. Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx months of xxx consumer history per CBR. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: xxx months of reserves per HUD-1 cash back to borrower; DSCR file. |
| 10157 | XXXXXX | IL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2277 | Note Not Executed | No | Missing the required executed Note; multiple unsigned Notes in file. | xxx Client responded - Please see the attached executed note. Please clear the condition. | xxx Client sent the fully executed Note. Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx months of xxx consumer history per CBR. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: xxx months of reserves per HUD-1 cash back to borrower; DSCR file. |
| 10158 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Application | Satisfied | D | A | D | A | CRDAPP3822 | Missing or incomplete documentation related to citizenship/residency | No | Missing evidence of borrowers legal residency in xxx indicates borrower is permanent resident alien. Copy of front and back of residency card was no located in file. Provide complete copy of residency card for review. | xxx- Client Provided drivers license, front and back xxx-Clients response: xxx am There was an error on the xxx borrower is a US Citizen but the xxx was corrected see the attached and clear the condition. xxx Client responded - Please see the attached LOE. Please clear the exception. xxx Client responded - Please see the attached LOE. Please clear the exception. | xxx- xxx Response- Please provide proof of residency as a permanent resident alien. Permanent resident alien card is issued to those approved applicants upon their xxx application. Drivers license does not prove permanent resident alien. xxx-Provide a letter of explanation for the error on the xxx for the borrower citizenship. Exception remains. xxx Client sent the updated application xxx showing the borrower as a US citizen however the LOE that was requested is for Loan Number xxx. This loan number is xxx. Exception remains xxx Client sent in LOE corresponding with the updated xxx notating the borrower is a US citizen. Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years at current residence. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. Required cash to close $xxx. Cash reserves $xxx. Required reserves xxx months x $xxx CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx mos. xxx |
| 10159 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Credit | Terms/Guidelines | Active | C | B | C | B | CRDTER3262 | Property issues indicated | No | Minimum equity for program is xxx Loan only has xxx in equity. | xxx Client responded - Please see the attached loan exception for the minimum equity. Please clear the condition. | xxx Underwriter Has reviewed the Credit Exception Request approved by upper management for the $xxx in equity for the property not being met, however, the exception is deemed non-material due to the equity not being a fatal issue. Compensating factors on the file are fico xxx years at present address, xxx months of xxx on mortgage payments. xxx Underwriter Has reviewed the Credit Exception Request approved by upper management for the $xxx in equity for the property not being met, however, the exception is deemed non-material due to the equity not being a fatal issue. Compensating factors on the file are fico xxx years at present address, xxx months of xxx on mortgage. Exception remains however the xxx grade is changed from material to non-material. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is xxx |
| 10160 | XXXXXX | ID | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Please provide evidence that borrower acknowledged receipt of CD xxx days prior to consummation date of xxx | xxx - Client response - Please see the attached evidence that borrower acknowledged receipt of CD xxx days prior to consummation date of xxx. Please clear the exception | xxx - xxx decision - Exception satisfied, Client provided proof of receipt on xxx. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over xxx years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Been at same job over xxx years. |
| 10111 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in same profession for over xxxyears. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is xxx | |||||||||||||||
| 10161 | XXXXXX | NC | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | N/A | N/A | C | A | C | A | A | A | N/A | N/A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3262 | Property issues indicated | No | Property is not eligible for program and does not meet required property guidelines. xxx-Appraisal verifies this is rural property, xxx program does not allow rural properties. xxx-Property has private road with no maintenance agreement; guidelines do not allow properties with private roads without road maintenance agreement. | xxx Client responded - Loan is being considered suburban with rural tendencies - Property close to town and xxx miles to the xxx, xxx. Property is near numerous recreational activities such as xxx Comps at xxx and xxx mile. xxx min away, xxx minutes away. Please clear the condition xxx: Clients response xxx pm Please see the attached xxx month chain for the private road. Please clear the exception. xxx Client responded - Please see the attached Private road cert. Please clear the exception. | xxx The xxx states to provide a copy of the road maintenance agreement for private road access. Rural property is acceptable as rural with suburban tendencies due to the xxx comps being within xxx miles and xxx within xxx miles. Exception remains. xxx: Document received is a General Warranty Deed; it does not address the private road maintenance. Provide a copy of the road maintenance agreement for the private road. Agreement should address who is responsible for maintaining the private road. Exception remains. xxx Client sent the General Warranty Deed that clarifies the right of way and access on the private road as to xxx, xxx and xxx and LOE in reference to the maintenance of the Private road. The property is within xxx miles of suburban areas and xxx comps are within xxx miles and xxx comps are within xxx miles of the subject property. Property has suburban characteristics. Exceptions satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx% and maximum allowed is xxx% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum required is xxx CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage pay history shows no late pays for xxx months. |
| 10788 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | B | A | A | A | B | A | N/A | N/A | B | A | A | A | B | A | N/A | N/A | Property Valuations | FEMA | Satisfied | B | A | B | A | PRVAFEMA856 | Natural Disaster Area, no subsequent inspection (Public) | No | On xxx a natural disaster was declared due to Hurricane xxx in the region. The appraisal is dated xxx and the loan closed on xxx A post disaster inspection is required to ensure the property was not affected by the hurricane | xxx-Clients response: xxxpm Please see 12:37:47 attached post disaster inspection and clear condition. | xxx-Document received; exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. Cash required to close $xxx. Cash reserves $xxx. Required reserves 6 months x PITI $xxx. CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx mos. xxx. |
| 10162 | XXXXXX | UT | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrower received cash in hand at close of $xxx. Required reserves xxx months x PITI $xxx=$xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. | |||||||||||||||
| 10163 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | B | A | A | C | A | C | B | C | B | A | A | C | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CMPATRQM2900 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | Missing verification of mortgage payment of $xxx for xxx used to qualify. No VOM in file and lien is not reported on CBR. | xxx Client responded - Please see the attached VOM. | xxx Client sent the VOM for Property xxx verifying it is a mortgage and xxx with an origination date of xxx. VOM is from xxx with a payment of $xxx Exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. Cash required to close $xxx. Cash reserves $xxx. Required reserves xxx months x $xxx = $xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. |
| 10163 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | B | A | A | C | A | C | B | C | B | A | A | C | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CMPATRQM2906 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; is not a Qualified Mortgage Lender did not document that they considered all ATR UW factors | No | Missing verification of mortgage payment of $xxx for xxx used to qualify. No VOM in file and lien is not reported on CBR. | xxx Client responded - Please see the attached vom. Please clear the exception. | xxx- Provided internal email regarding VOM with a (see attached) for VOM; no attachment of VOM provided xxx- Client xxx the VOM from xxx verifying the Mortgage for xxx originating xxx with xxx. Exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. Cash required to close $xxx. Cash reserves $xxx. Required reserves xxx months x $xxx = $xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. |
| 10163 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | B | A | A | C | A | C | B | C | B | A | A | C | A | Credit | Credit/Mtg History | Satisfied | B | A | B | A | CRDCRMH193 | Length of mortgage/rental history in file does not meet guideline requirement | No | Missing verification of mortgage for xxx. 1003 reflects lender as xxx with payment of $xxx monthly. No VOM in file and lien is not reported on CBR. Missing VOR for departing residence. VOM and VOR to verify xxx history for most recent xxx required due to DTI being xxx. | xxx-Clients response: xxx pm Please accept this as confirmation of the mortgage rating for xxx I called xxx and spoke with xxx (she also completed the VOM For xxx(see attached) She confirmed the origination date of this mortgage was xxx and has a current balance of $xxx with payments of $xxx Loan has been paid as agreed since the inception of mortgage. xxx Underwriter. | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. Cash required to close $xxx. Cash reserves $xxx. Required reserves xxx months x $xxx = $xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. |
| 10163 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | B | A | A | C | A | C | B | C | B | A | A | C | A | Credit | DTI | Active | C | B | C | B | CRDDTI187 | Debt Ratio > 50% | No | Qualifying DTI xxx% requires maximum LTV xxx mortgage history and $xxx per month disposable income. Qualifying LTV xxx% below xxx% maximum. Exception placed for mortgage history. Approved exception in file indicates borrower's disposable was below $xxx however reviewer calculated monthly disposable income $xxx. | xxx-Clients response: xxx pm Please see the attached Loan exception and please clear the condition. | xxx Underwriter has reviewed the Credit Exception Form approved by upper management for the DTI over xxx% with a residual income of $xxx instead of $xxx as required in the guidelines for this xxx loan program. The exception remains but is deemed non-material due to the DTI and residual income not being a fatal issue. Compensating factors are xxx fico, mortgage payments with xxx from xxx to current day and xxx months in reserves. The xxx grade is changed from material to non-material. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. Cash required to close $xxx. Cash reserves $xxx. Required reserves xxx months x $xxx = $xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. |
| 10164 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been in business since xxx and same line of work for xxx years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: xxx months of reserves. | |||||||||||||||
| 10165 | XXXXXX | CO | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | RESPA | Active | B | B | B | B | CMPRESPA2700 | RESPA - List of homeowners counseling organizations not provided w/in 3 days of application | No | List of homeowners counseling organizations dated xxx. The list not provided within xxx days of application of xxx. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years at current residence. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrower received $xxx back at closing. No reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. |
| 10166 | XXXXXX | AZ | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years at current residence. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrower received $xxx at close. No reserves required, LTV xxx%. CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx and xxx | |||||||||||||||
| 10112 | XXXXXX | MD | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3966 | TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected | No | Final CD dated xxx in the Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and neither of You declined it and/or Your lender does not offer one are selected. | xxx - Client response - Please see the attached PCCD ISSUED ON xxx. Please clear the condition. | xxx conclusion - Exception satisfied, Client provided PCCD with option selected. | Non-Numeric | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx%; guideline maximum is xxx% with a xxx credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The Borrowers credit score is xxx the minimum credit score is xxx at xxx%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: The Borrower has had xxx for more than xxx months on the current Mortgage History. |
| 10716 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | B | B | A | A | B | B | N/A | N/A | B | B | A | A | B | B | N/A | N/A | Property Valuations | FEMA | Active | B | B | B | B | PRVAFEMA856 | Natural Disaster Area, no subsequent inspection (Public) | No | On XXX a natural disaster was declared due to XXX in the region. The appraisal is dated XXX and the loan closed on XXX. A post disaster inspection has to be completed to ensure the integrity of the property was not affected by the XXX. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 65% and maximum allowed is 75% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $239,814.30; required reserves $2335.09 x 6 = $14,010.54. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is 763 and minimum required is 600 |
| 10167 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL4033 | Missing Legal Document(s) | No | Provide the Master Insurance Policy for the xxx association. xxx | xxx Please see the attached master policy. Please clear the exception. | xxx Client sent the Master Insurance Policy for the xxx association. Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years at current residence. CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. |
| 10167 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Terms/Guidelines | Active | B | B | B | B | CRDTER110 | Loan amount exceeds guideline maximum | No | Loan does not meet minimum equity requirement of $xxx. Market Value xxxless loan amount $xxx = $xxx equity. Approved credit exception in file for equity of $xxx below minimum requirement. | (No Data) | xxx Underwriter has reviewed the Credit Exception Request Form approved by upper management addressing $xxx in equity for the subject property. The exception remains, however, is deemed non-material due to the equity not being a fatal error. The compensating factors are fico xxx months in reserves, xxx years at their current address, and xxx months of xxx on their mortgage history. The xxx grade is changed from material to non-material. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years at current residence. CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. |
| 10167 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Terms/Guidelines | Active | B | B | B | B | CRDTER3122 | Loan documents do not meet guideline requirements | No | Subject property is a non-warrantable condominium. Loan does not meet guidelines for non-warrantable due to a single entity owning for than xxx% of total units. Condo documents in file disclose two individuals each own xxx units a piece. xxx units / xxx units total = xxx% of total units owned by a single entity. Approved credit exception in file for the property type. | (No Data) | xxx Underwriter has reviewed the Credit Exception Request form approved by upper management to allow for a non-warrantable condo, the exception remains but is deemed non-material due to the non-warrantable condo not being a fatal error. Compensating factors are fico xxx months of reserves, xxx years at present address and xxx months of xxx xxx for mortgage payments. The xxx grade is changed from material to non-material. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years at current residence. CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. |
| 10168 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | DTI | Active | B | B | B | B | CRDDTI105 | Debt Ratio Exception 5% or Less | No | Reviewer calculated DTI xxx% exceeds program maximum of xxx% for first time home buyer. Reviewer calculated earnings for B1 $xxx and B2 $xxx with total expenses $xxx. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets verified $xxx. Cash required to close $xxx. Cash reserves $xxx. Required reserves xxx months x $xxx. CFCFS2854: Significant time in profession - Clayton Comments: Borrower xxx has xxx years xxx months in same line of work. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. |
| 10168 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Income/Employment | Active | B | B | B | B | CRDINC2496 | Verbal verification of employment completed outside the stated requirements and/or after closing/funding | No | Verification of B1 self-employment is incomplete. Tax preparer letter in file however missing either verification of tax preparers license from municipal, xxx licensing board or proof of their business existence. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets verified $xxx. Cash required to close $xxx. Cash reserves $xxx. Required reserves xxx months x $xxx. CFCFS2854: Significant time in profession - Clayton Comments: Borrower xxx has xxx years xxx months in same line of work. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. |
| 10168 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | Provide satisfactory letter of explanation for use of a personal savings account for business deposits. Additionally provide an updated Bank Statement calculation as the calculation located in file indicates account ending in xxx was used however xxx was the actual account used to calculate the xxx mo. bank statement average. Bank Statement calculation provided to support $xxx used to qualify. | xxx Client responded - Please see the attached LOE. Please clear the exception. | xxx Client sent the LOE for xxx account ending xxx This account is used for all business income deposits. Exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets verified $xxx. Cash required to close $xxx. Cash reserves $xxx. Required reserves xxx months x $xxx. CFCFS2854: Significant time in profession - Clayton Comments: Borrower xxx has xxx years xxx months in same line of work. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. |
| 10690 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC2340 | Employment verification does not meet guidelines | No | Operating Income statement for the business for xxx. | xxx- Provided executed Operating Agreement | xxx- Provided documentation satisfies exception | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is xxx |
| 10690 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL191 | Missing Mortgage | No | Provide the fully executed mortgage for the subject property. The mortgage in the file is for a different property. | xxx-Clients response: xxx pm Please see the attached correct mtg. Please clear the exception. | xxx: Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is xxx |
| 10169 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx; required reserves $xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum required for first time buyer is xxx CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is xxx% and maximum allowed is xxx%. | |||||||||||||||
| 10170 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Provide letter from CPA/Accountant that verifies the percentage of the business xxx. Program requires this condition. | xxx-Clients response: xxx pm Please see the attached CPA letter that verifies the percentage of the business xxx. Please clear the exception | xxx: Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: xxx years living at current residence. CFCFS1734: Borrower has significant time at current job - Clayton Comments: xxx start day at xxx CFCFS2854: Significant time in profession - Clayton Comments: xxx years in the xxx appraisal industry. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. |
| 10170 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | Provide the borrowers business license for xxx. | xxx-Clients response: xxx pm Please see the attached [page xxx of our guidelines stating that the CPA letter is sufficient enough to clear this exception. The CPA letter has been provided to you. | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: xxx years living at current residence. CFCFS1734: Borrower has significant time at current job - Clayton Comments: xxx start day at xxx CFCFS2854: Significant time in profession - Clayton Comments: xxx years in the xxx appraisal industry. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. |
| 10171 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | A | A | A | C | B | C | B | C | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3676 | TRID - CD: Ten percent tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation. | No | $xxx xxx Percent Tolerance Violation due to increase in Lenders Title Policy from $xxx to $xxx on Final CD xxx, without a valid Change in Circumstance. Requires CIC, or corrected PCCD, copy of refund check, LOX and verification of shipping. Borrower used title insurance company on SPL subject to ten percent tolerance. | xxx - Client response - Please see the attached final closing disc and copy of the check. Please clear the exception. | xxx conclusion - Exception satisfied, Client provided refund and PCCD to borrower. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: xxx years living at departure residence. CFCFS2854: Significant time in profession - Clayton Comments: xxx years self-employed. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx months of xxx consumer history per CBR. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: xxx months of xxx mortgage history per CBR. |
| 10171 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | A | A | A | C | B | C | B | C | A | A | A | C | B | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC150 | Income docs do not meet guidelines | No | Provide the business license for the borrowers self employed business. | xxx-Clients response: xxx pm Please see the attached cpa letter . The borrower Does NOT own the business paid xxx. It is a bank statements loan to a self employed borrower who is paid via xxx, and files a xxx. xxx-Clients response: xxx pm Please see the attached page xxx of the guidelines there is no requirement the CPA letter is acceptable evidence of the borrowers business. Please clear the exception | xxx-Borrower is the xxx; filing a xxx is for a xxx person. The xxx questionnaire states she own xxx% of the business. Provide her business license. Exception remains. xxx-Document received; exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: xxx years living at departure residence. CFCFS2854: Significant time in profession - Clayton Comments: xxx years self-employed. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx months of xxx consumer history per CBR. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: xxx months of xxx mortgage history per CBR. |
| 10171 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | A | A | A | C | B | C | B | C | A | A | A | C | B | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Letter from CPA/Accountant confirming the percentage of the self employed business for the borrower. | xxx-Clients response: xxx pm Please see the attached CPA letter. Please clear the condition. | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: xxx years living at departure residence. CFCFS2854: Significant time in profession - Clayton Comments: xxx years self-employed. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx months of xxx consumer history per CBR. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: xxx months of xxx mortgage history per CBR. |
| 10172 | XXXXXX | IN | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum required is xxx CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been in current job for xxx years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx; required reserves $xxx = $xxx. | |||||||||||||||
| 10017 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum required is xxx. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is xxx% and maximum allowed is xxx%. CFCFS2860: Good credit history - Clayton Comments: Borrower has excellent credit history, with no late pays on any account with over xxx years total pay history. | |||||||||||||||
| 10173 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | A | A | A | A | CMPTRID5293 | TRID Not all required seller-paid fees were disclosed on the CD | No | Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. This exception is informational per xxx xxx department and xxx revisions. Exception satisfied. Final Grade A. | (No Data) | (No Data) | Numeric | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets verified $xxx. Required funds to close $xxx. Cash reserves $xxx. No reserves required, LTV equal to xxx%. CFCFS2854: Significant time in profession - Clayton Comments: Borrowers have xxx years xxx months in same line of work. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. |
| 10173 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC2408 | Income verification does not meet guidelines | No | Missing complete copy of xxx statements for periods ending xxx and xxx. No statement for xxx or xxx were located in file. Statements required to complete bank statement income calculation. | xxx--Clients response: xxx pm please see the attached complete copy of xxx statements for periods ending xxx and xxx. Please clear the exception xxx: Clients response: xxx pm please see the attached complete copy of xxx statements for periods ending xxx and xxx. Please clear the exception. | xxx: Documents received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets verified $xxx. Required funds to close $xxx. Cash reserves $xxx. No reserves required, LTV equal to xxx%. CFCFS2854: Significant time in profession - Clayton Comments: Borrowers have xxx years xxx months in same line of work. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. |
| 10174 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Compliance | Federal Consumer Protection | Active | B | B | B | B | CMPFDCP4569 | NMLS License verification found Loan Originator Name does not match ID but can identify that the LO is the same | No | NMLS search of ID xxx does not have a direct match to loan officer name reflected on xxx, Note and Deed of Trust however appears to be one and same person. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years at current residence. CFCFS2854: Significant time in profession - Clayton Comments: borrower has xxx years same line of work. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. Cash required to close $xxx. Cash reserves $xxx. Required reserves xxx months x $xxx. |
| 10717 | XXXXXX | AZ | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years at current residence. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. No funds required to close. No reserves required. | |||||||||||||||
| 10718 | XXXXXX | IL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Compliance | Documentation | Satisfied | D | A | D | A | CMPDOC869 | Mortgage not signed | No | DOT in the file is a non-executed copy.Please provide a fully signed and notarized Mortgage. | xxx-Clients response: xxx pm Please see the attached executed dot. Please clear the condition. | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx mos. xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. Funds required to close $xxx. Cash reserves $xxx. Required reserves xxx months x $xxx PITI = $xxx |
| 10718 | XXXXXX | IL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Credit | Application | Satisfied | D | A | D | A | CRDAPP130 | Application is incomplete | No | Missing fully executed Final xxx Provide for review. | xxx-Clients response: xxx pm Please see the attached final xxx. Please clear the condition. | xxx: Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx mos. xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. Funds required to close $xxx. Cash reserves $xxx. Required reserves xxx months x $xxx PITI = $xxx |
| 10718 | XXXXXX | IL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Credit | Income/Employment | Satisfied | B | A | B | A | CRDINC2496 | Verbal verification of employment completed outside the stated requirements and/or after closing/funding | No | Missing verification of tax preparer's license as required by guideline. Verification can be from municipal, xxx licensing board or proof of their business existence. | xxx Clients response: xxx pm Please see the attached tax preparers license . Please clear the condition. | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx mos. xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. Funds required to close $xxx. Cash reserves $xxx. Required reserves xxx months x $xxx PITI = $xxx |
| 10718 | XXXXXX | IL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL100 | Legal document incorrect or incomplete | No | CD dated xxx reflects $xxx required to close is not executed by borrower. Provide a fully executed CD for subject transaction for review. | xxx: Clients response: xxx pm Please see the attached final cd . please clear the condition. Please see the attached final cd . please clear the condition. | xxx: Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx mos. xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. Funds required to close $xxx. Cash reserves $xxx. Required reserves xxx months x $xxx PITI = $xxx |
| 10718 | XXXXXX | IL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2277 | Note Not Executed | No | Note Not Executed | xxx: Clients response: xxx pm Please see the attached executed note. Please clear the exception | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx mos. xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. Funds required to close $xxx. Cash reserves $xxx. Required reserves xxx months x $xxx PITI = $xxx |
| 10175 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Provide a letter from CPA/Accountant that states the percentage of ownership for the business xxx. per the guidelines for this loan program. | xxx-Clients response: xxx pm xxx used the Operating agreement for xxx to establish xxx% ownership. Please see attached operating agreement, xxx Annual Report, and Evidence of good standing from xxx State Division of Corporations. Please clear condition | xxx-Document received; exception is satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: xxx years in the xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx months of xxx consumer history per CBR. |
| 10175 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC888 | Income Amount is Unsupported by Documentation in File | No | Provide business license for xxx | xxx-Clients response: xxx pm xxx used the Operating agreement for xxx to establish xxx% ownership and active status of business. Please see attached operating agreement, xxx Profit xxx Report, and Evidence of good standing from xxx State Division of Corporations. Please clear condition | xxx-Document received; exception is satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: xxx years in the xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx months of xxx consumer history per CBR. |
| 10176 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS2860: Good credit history - Clayton Comments: All open accounts are current CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. | |||||||||||||||
| 10177 | XXXXXX | MO | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx % is below guideline requirement of xxx % for this program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is xxx | |||||||||||||||
| 10719 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL100 | Legal document incorrect or incomplete | No | Missing Personal Guaranty for xxx% ownership. Per guidelines anyone owning xxx% of the entity must sign a Personal Guaranty. | xxx-Clients response: xxx pm Please see the attached Personal Guaranty . Please clear the exception | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx% CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx since xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of xxx exceeds guidelines. |
| 10719 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL1819 | Estimated HUD-1 in File, Missing Final HUD-1 | No | Provide Final HUD signed and/or marked True and Certified. | xxx-Clients response: xxx pm Please see the attached final HUD1 . Please clear the exception. | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx% CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx since xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of xxx exceeds guidelines. |
| 10719 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3122 | Loan documents do not meet guideline requirements | No | Missing Operating Agreement stating the full percentage of ownership for xxx. Action by Written Consent dated xxx removes xxx as Manager and is signed by xxx % and xxx%. | xxx-Clients response: xxx pm Please see the attached operating agreement. Please clear the condition. | xxx: Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx% CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx since xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of xxx exceeds guidelines. |
| 10178 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is xxx | |||||||||||||||
| 10179 | XXXXXX | PA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying CLTV xxx% below program maximum xxx%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash reserves $xxx. Required reserves xxx months x PITIA $xxx = $xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. | |||||||||||||||
| 10180 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: xxx years living at primary residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx months of xxx consumer credit history. | |||||||||||||||
| 10181 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx% and maximum allowed is xxx% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx; no reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum required is xxx | |||||||||||||||
| 10182 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Credit | Credit/Mtg History | Active | B | B | B | B | CRDCRMH193 | Length of mortgage/rental history in file does not meet guideline requirement | No | Missing complete xxx mos. housing history required by guidelines. Borrower LOX indicates unable to verify xxx payment to private landlord. Approved credit exception in file to allow the missing verification of xxx payment. | (No Data) | xxx Underwriter has reviewed the Credit Exception Request approved by upper management allowing xxx months of rental history instead of xxx as required by the loan program. The exception remains, however, is deemed at non-material as this is not a fatal issue. The compensating factors on the loan are xxx fico, LTV xxx%, more than xxx years work history. The xxx grade has been changed from material to non-material. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI xxx% below program maximum xxx%. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has xxx years in same line of work. |
| 10182 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3122 | Loan documents do not meet guideline requirements | No | Missing satisfactory letter of explanation from landlord to explain why rent payments vary from month to month. xxx reflects rent as $xxx monthly however the following months reflected less than $xxx paid: xxx. Need to verify the payments lower than disclosed were acceptable. | xxx Client responded - Please see the attached LOE why rent payments vary from month to month. Please clear the exception. xxxClient responded - Please see the attached LOE why rent payments vary from month to month. Please clear the exception. | xxx Client sent the LOE from the borrower that the xxx rent was paid in cash and there was no receipt issued. The LOE does not explain why the monthly payments varied each month, Please see above in the differences in the monthly payments and send LOE for the differences. Exception remains. xxx Client sent the LOE for amounts different for the rent. Rents until xxx were $xxx and xxx monthly rents were $xxx. Payments made via Zelle and had to be split due to total amount in xxx. Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI xxx% below program maximum xxx%. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has xxx years in same line of work. |
| 10183 | XXXXXX | AZ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Guarantor in same line of work for xxx years and xxx months CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guideline requirements xxx CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - Clayton Comments: Borrower has xxx in the last xxx months in rental history | |||||||||||||||
| 10184 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL1819 | Estimated HUD-1 in File, Missing Final HUD-1 | No | Provide copy of Final HUD Settlement Statement. File contains Estimated HUD. | xxx Client responded - Please see the Final Hud 1 . Please clear the exception. | xxx Client sent the Final HUD Settlement Statement. Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for xxx years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx; required reserves $xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum required is xxx |
| 10185 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx% and maximum allowed is xxx% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx; required reserves $xxx = $xxx. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for xxx years. | |||||||||||||||
| 10186 | XXXXXX | OK | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has xxx. years same line of work. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx.% below program maximum xxx.% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets verified $xxx. Required funds to close $xxx.. Cash reserves $xxx.. Required reserves xxx. months x PITI $xxx. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI xxx.% below program maximum xxx.%. | |||||||||||||||
| 10720 | XXXXXX | AL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx credit score exceeds guideline requirement of xxx for this program. CFCFS2860: Good credit history - Clayton Comments: All open tradelines are current | |||||||||||||||
| 10187 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | B | B | A | A | B | B | A | A | B | B | A | A | B | B | A | A | Property Valuations | FEMA | Active | B | B | B | B | PRVAFEMA856 | Natural Disaster Area, no subsequent inspection (Public) | No | On xxx a natural disaster was declared due to Hurricane xxx in the region. The appraisal is dated xxx and the loan closed on xxx. An inspection is required to ensure the integrity of the subject property has not been compromised due to the storm. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets $xxx. Funds required to close $xxx. Cash reserves $xxx. Required reserves xxx months x PITI $xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. |
| 10721 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx qualifying credit score per CBR. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: xxx months of excess reserves in file. | |||||||||||||||
| 10770 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | C | A | A | A | C | A | N/A | N/A | C | A | A | A | C | A | N/A | N/A | Property Valuations | FEMA | Satisfied | C | A | C | A | PRVAFEMA858 | Natural Disaster Area, no subsequent inspection (Individual & Public) | No | Hurricane xxx Declaration date is xxx Appraisal was done xxx. | xxx-Clients response: xxx pm Please see the attached 1004D. Please clear the condition | xxx-Document received; exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of xxx exceeds guideline requirement of xxx for this program. |
| 10188 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2860: Good credit history - Clayton Comments: All open account are current CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO is xxx CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. | |||||||||||||||
| 10189 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL4033 | Missing Legal Document(s) | No | Missing copy of current master xxx policy. Legal description indicates property is a xxx, subject property is xxx apartments within unit xxx of the project. | xxx-Clients response: xxx pm Please see the attached master xxx policy. Please clear the exception. xxx-Clients response: xxx pm The Insurance provided has all xxx units covered which covers the entire dwelling and placement cost. Please clear the exception. xxx: Clients response: Provide a letter of conversion for the funds from xxx in order for these funds to be counted in the total assets. Exception remains. xxx: Clients response: xxx pm The Insurance provided has all xxx units covered which covers the entire dwelling and placement cost. Please look at property information it will show you all the apt numbers xxx - Please clear the exception. | xxx: The insurance provided is the borrowers policy; exception is for the Master Policy from the xxx. Exception remains. xxxThe insurance provided shows the Premise Location as xxx, its does not cover all xxx units. Exception remains. xxx-The document not received; exception remains. xxx-Documents received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx% and maximum allowed is xxx% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx, no reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum required is xxx |
| 10189 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3122 | Loan documents do not meet guideline requirements | No | Missing Personal Guaranty fully executed for xxx% owner of xxx. All owners of xxx with more than xxx% ownership are required to sign a Personal Guaranty. File contains one for xxx also xxx% owner. | xxx: Clients response: xxx pm Please see the attached Personal Guaranty for xxx. Please clear the exception. | xxx: Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx% and maximum allowed is xxx% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx, no reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum required is xxx |
| 10190 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx% and maximum allowed is xxx% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: No reserves required. Post closing reserves $xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum required is xxx | |||||||||||||||
| 10191 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit Score of xxx is greater than minimum credit score allowed CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx mos. xxx and xxx mos. xxx | |||||||||||||||
| 10192 | XXXXXX | CO | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of xxx exceeds guideline requirement of xxx for this program. | |||||||||||||||
| 10722 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL1819 | Estimated HUD-1 in File, Missing Final HUD-1 | No | Signed xxx estimated HUD-1 in file; missing final signed HUD-1. Loan is subject to additional exceptions based on potential differences between estimated and final HUD 1 | xxx-Clients response: xxx pm Please see the attached estimated signed HUD1. Please clear the condition | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx months of xxx consumer credit history per CBR. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: xxx months of xxx mortgage history per CBR. |
| 10723 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx; required reserves $xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum required is xxx CFCFS2860: Good credit history - Clayton Comments: Borrower has good credit history with no late pays on any account, in file for xxx years. | |||||||||||||||
| 10724 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL4033 | Missing Legal Document(s) | No | Provide the Operating Agreement for xxx to show the percentage of ownership (if any) for xxx. If xxx owns xxx% or more of the xxx she will need to sign a Personal Guaranty. | xxx-Clients response: xxx pm Please see the attached Resolution showing that xxx has xxx percentage of the business . Please clear the condition | xxx-Received the business Resolution for xxx which shows xxx with xxx% ownership in the company. Exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of xxx exceeds guideline requirement of xxx for this program. CFCFS2860: Good credit history - Clayton Comments: All open accounts are current |
| 10193 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have xxx years at current residence. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets verified $xxx. Required cash to close $xxx. Cash reserves $xxx. No reserves required, LTV < xxx%. | |||||||||||||||
| 10194 | XXXXXX | LA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Insurance | Satisfied | D | A | D | A | CRDINSR3792 | Insurance policy missing Rent Loss/Business Interruption coverage | No | Insurance policy is missing verification of required Rent Loss coverage. | xxx Client responded - Please see the attached Rent Loss verification. Please clear the condition. | xxx Client sent the xxx Property Insurance Policy Summary with a copy of the xxx premium stating the policy is Rental Property. Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for xxx years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx; required reserves $xxx = $xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum required is xxx |
| 10195 | XXXXXX | IN | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has rented current property with xxx since xxx. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Consumer credit history is xxx in last xxx months CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been in the same line of work for xxx years and xxx months. | |||||||||||||||
| 10725 | XXXXXX | WA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Assets | Active | B | B | B | B | CRDAST2354 | Asset Verification In File is Incomplete Per Requirements | No | Assets do not meet seasoning requirements. Credit exception in file to allow seasoning xxx days. | (No Data) | xxx Underwriter has reviewed the Credit Exception Request that has been approved by upper management allowing the closing assets to not be seasoned for xxx days per the guidelines. The exception will remain but the seasoned assets are not deemed a fatal issue. The compensating factors are xxx months in reserves, excellent rental history and thriving business. The xxx grade is changed from material to non-material. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has xxx years xxx months in same line of work. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets verified $xxx. Required funds to close $xxx. Cash reserves $xxx. No reserves required, LTV xxx%. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI xxx% below program maximum xxx%. |
| 10725 | XXXXXX | WA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | LTV/CLTV | Active | B | B | B | B | CRDLTV3026 | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | Borrower is first-time home buyer with representative credit score xxx Guidelines requires a xxx% reduction in LTV. Max LTV per program is xxx%. Loan qualified at xxx%. Approved credit exception located in file to allow LTV of xxx%. | (No Data) | xxx Underwriter has reviewed the Credit Exception request that has been approved by upper management for the xxx% LTV increase from xxx% to xxx% due to the borrower being a first time home buyer. The exception will remain however due to the LTV not being a fatal issue it is deemed non-material. Compensating factors are xxx months in reserves, excellent rental history and thriving business. The xxx grade has been updated from material to non-material. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has xxx years xxx months in same line of work. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets verified $xxx. Required funds to close $xxx. Cash reserves $xxx. No reserves required, LTV xxx%. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI xxx% below program maximum xxx%. |
| 10196 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Terms/Guidelines | Satisfied | D | A | D | A | CRDTER146 | Missing lender's loan approval/underwriting form | No | Loan approval in file with Loan Status of Docs Out indicates loan qualified with DSCR however Final xxx reflects borrower self-employment and xxx mo. Bank statements and bank statement calculation in file. Provide clarification if qualifying with DSCR is the qualifying Doc Type. Additional exceptions may apply. | xxx Client responded - Please see the attached final loan approval. Please clear the exception. | xxx Client sent the Loan Approval for Docs Out verifying the Doc type as DSCR. Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years at current residence. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. |
| 10771 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | Property Valuations | FEMA | Satisfied | C | A | C | A | PRVAFEMA858 | Natural Disaster Area, no subsequent inspection (Individual & Public) | No | On xxx a natural disaster was declared due to Hurricane xxx in the region. The appraisal is dated xxx and the loan closed on xxx. An inspection is required to ensure the integrity of the subject property has not been compromised due to storm | xxx Client responded - Please see attached Post Disaster Inspection and clear condition. | xxx Client sent the PDI dated xxx No damage from Hurricane xxx. Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx months of xxx consumer history. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: xxx months of xxx mortgage history per CBR. |
| 10772 | XXXXXX | NJ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Missing verbal verification of employment for B2 completed within 3 business days of closing. No VVOE for B2 was located in file. | xxx Client responded - Please see the attached 1003 and updated approval showing total income of $ xxx for the bwr no income for co bwr was used. this was a clerical error . Please clear the condition | xxx Client sent updated 1003 showing no income for B2. B1 income was changed to $xxx verified from Income worksheet. No income was used for B2. Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have xxx years at current residence. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower xxx has xxx months at current job. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. |
| 10772 | XXXXXX | NJ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC2408 | Income verification does not meet guidelines | No | Missing pay stub and most recent xxx years xxx to support xxx earnings of $xxx used to qualify. No income docs for xxx were located in file. | xxx Client responded - Please see the attached 1003 and updated approval showing total income of $ xxx for the bwr no income for co bwr was used. this was a clerical error . Please clear the condition | 10.26.2022 Client sent updated 1003 showing no income for B2. B1 income was changed to $xxx verified from Income worksheet. No income was used for B2. Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have xxx years at current residence. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower xxx has xxx months at current job. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. |
| 10773 | XXXXXX | CT | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL1817 | Final HUD-1 is incomplete or illegible | No | Missing Final HUD that is either signed or stamped True and Certified. Provide executed HUD 1 settlement statement | xxx-Clients response: xxx, xxx pm Please see attached Final Settlement Statement. Please clear condition xxx Client responded - see attached signed and certified final HUD. Please clear condition | xxx-Settlement Statement received is not signed by the borrower or certified by the title company and a page appears to be missing. Exception remains. xxx Client sent the Final signed HUD1 Settlement Statement. Exception satisfied. | (No Data) | Not Applicable | CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx mos. xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. CFCFS2860: Good credit history - Clayton Comments: Borrower has low use of consumer credit. Credit line usage xxx%. |
| 10197 | XXXXXX | AZ | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3262 | Property issues indicated | No | Provide a private road maintenance agreement; appraisal reports private road and appraiser commented that the "HOA likely contracts with a company for street maintenance". Need confirmation on the HOA maintaining the private road xxx. | xxx-Clients response: xxx pm Please see the attached xxx xxx HANDBOOK. There is no private road in this gated community. Please clear the exception. | xxx Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years xxx months at current residence. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrower received cash out of $xxx at close. Cash reserves $xxx. No reserves required, LTV xxx%. |
| 10726 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL1817 | Final HUD-1 is incomplete or illegible | No | Provide Final HUD 1 Settlement Statement. Files contains HUD that is not signed or stamped True & Certified. | xxx-Clients response: xxx, xxx pm Please see the attached final HUD1. Please clear the condition | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of xxx exceeds guideline requirement of xxx for this program. CFCFS2860: Good credit history - Clayton Comments: All open tradelines are current. |
| 10727 | XXXXXX | OR | (No Data) | ATR/QM: Exempt | D | B | D | A | C | B | N/A | N/A | D | B | D | A | C | B | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2277 | Note Not Executed | No | Missing fully executed Note and Note Addendums. | xxx Client responded - Please see the attached executed note/ addendums. Please clear the condition | xxx Client sent the fully executed Note with the addendums. Exception satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx months xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. |
| 10727 | XXXXXX | OR | (No Data) | ATR/QM: Exempt | D | B | D | A | C | B | N/A | N/A | D | B | D | A | C | B | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL806 | Notary Status is missing | No | Missing fully executed Mortgage including Notary and All Mortgage Riders. | xxx Client responded - Please see the attached executed Mortgage including Notary and All Mortgage Riders. Please clear the condition | xxx Client sent the fully executed mortgage with the Notary signature and date along with all the Mortgage riders fully executed. Exception satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx months xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. |
| 10727 | XXXXXX | OR | (No Data) | ATR/QM: Exempt | D | B | D | A | C | B | N/A | N/A | D | B | D | A | C | B | N/A | N/A | Property Valuations | Property | Active | C | B | C | B | PRVAPROP177 | Property Issues Indicated | No | Appraisal is based on xxx acres There is an exception in the file for Property is located on xxx acres. Guidelines for xxx state properties over xxx acres are ineligible. The exception in the file has compensating factors with xxx months reserves, LTV of xxx%, FICO xxx, DTI below guidelines xxx years on the job and monthly payments dating back to xxx | xxx Client responded - Please see the attached loan exception for the xxx acres. Please clear the condition. | xxx Client sent the Credit exception allowing for xxx acres to be used. xxx. U/W additional review. Subject property is xxx acres exceeding the guideline maximum. Compensating factors are xxx months reserves, LTV of xxx% FICO of xxx DTI below guidelines and xxx years on the job. The exception remains, however the xxx grade is changed from material to non-material. Lender exception approved by management. Exception remains. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx months xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. |
| 10728 | XXXXXX | OR | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years at current residence. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx mos. xxx. | |||||||||||||||
| 10198 | XXXXXX | GA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | A | A | A | A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | Realtor Commissions reflected on Seller CD but not in section H of Borrower Final CD. As fees are at least shown this is not a material issue. This exception is informational per xxx Compliance department and TRID 2.0 revisions. Exception satisfied. Final Grade A. | (No Data) | (No Data) | Numeric | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. |
| 10774 | XXXXXX | GA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3618 | TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing | No | Provide proof of receipt by borrower for Closing Disclosures issued xxx & xxx. | xxx - Client response - Please see the attached cd for Closing Disclosures issued xxx Please clear the condition | xxx - xxx conclusion - Exception satisfied, client provided E-sign log that shows Borrower received CD xxx and there was no change of product. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: xxx years as an individual contractor. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: xxx in access reserves in file. |
| 10774 | XXXXXX | GA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Provide proof of receipt by borrower for Closing Disclosures issued xxx & xxx. | xxx - Client response - Please see the attached cd for Closing Disclosures issued xxx Please clear the condition | xxx conclusion - Exception satisfied, Client provided CDs that show loan was not consummated before end of waiting period. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: xxx years as an individual contractor. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: xxx in access reserves in file. |
| 10199 | XXXXXX | AZ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has xxx years same line of work. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. | |||||||||||||||
| 10200 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Terms/Guidelines | Active | B | B | B | B | CRDTER127 | Payment shock does not meet guidelines | No | Payment shock is over xxx% based on initial underwrite. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in profession for over xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO of xxx exceeds guideline requirement of xxx for this program. |
| 10775 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | C | A | A | A | C | A | N/A | N/A | C | A | A | A | C | A | N/A | N/A | Property Valuations | FEMA | Satisfied | C | A | C | A | PRVAFEMA858 | Natural Disaster Area, no subsequent inspection (Individual & Public) | No | On xxx, xxx a natural disaster was declared due to Hurricane xxx in the region. The appraisal is dated xxx and the loan closed on xxx. A post disaster inspection has to be completed to ensure the integrity of the property was not affected by the hurricane. | xxx-Clients response: xxx, xxx pm Please see the attached fema appraisal. Please clear the condition xxx Client responded - PLEASE SEE THE ATTACHED 1004 FEMA INSPECTION. PLEASE CLEAR THE CONDITION | xxx-Inspection received is for xxx., this is not the property address. Exception remains. xxx Client sent the PDI for xxx. Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years at current residence. CFCFS2860: Good credit history - Clayton Comments: Borrower has low use of consumer credit. Credit line usage xxx%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. |
| 10729 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Application | Satisfied | D | A | D | A | CRDAPP130 | Application is incomplete | No | Final 1003 reflects borrower occupying subject property however copy of lease for subject property was signed on xxx with an effective date xxx. Subject note date is xxx. 1003 was not updated to reflect borrowers current primary residence and expense related to that residency. Need 1003 updated to reflect current primary residence, disclose related primary expense and verify expense for DTI calculation. | xxx Client responded - Please see the attached final 1003 home is free and clear. Please clear the condition | xxx Client sent in the Final Settlement statement for another property that was purchased. Loan proceeds from the subject property were used for the purchase. Subject property is owned free and clear. Client sent the 1003 signed by the borrower xxx. Exception satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has xxx years xxx months at current job. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years at current residence. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has xxx years xxx months in same line of work. |
| 10729 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Assets | Satisfied | C | A | C | A | CRDAST3078 | Insufficient # of months cash reserves for PITI per guideline requirements | No | Total assets verified $xxxhowever subject settlement statement line xxx reflects $xxx was sent to title company for purchase. No settlement statement was located in file for that purchase. Without use of the $xxx the loan would be short reserves. Remaining assets without the $xxx would be $xxx. Required reserves xxx months x PITIA $xxx = $xxx. Loan would be short reserves ($xxx). Provide documentation to verify how the $xxx was applied to the purchase transaction referenced on line xxx of subject settlement. If all funds were applied to that transaction additional assets would need to be verified to support required reserves. xxx recent consecutive asset statements would be required. | xxx Client responded - Please see the attached hud from previous purchase see cash from bwr for the assets. Please clear the condition | xxx borrower receiving $xxx Due to LTV reserves are not required. LTV is xxx% with xxx point financed in loan amount. Exception satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has xxx years xxx months at current job. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years at current residence. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has xxx years xxx months in same line of work. |
| 10729 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | DTI | Satisfied | D | A | D | A | CRDDTI2540 | Missing verification of some or all components of non-subject PITI | No | Missing complete copy of Final executed CD for purchase that closed with xxx. Final settlement for subject property reflects $xxx was sent to title company xxx. for purchase in the amount of $xxx. Need to determine if the funds were for a purchase of an investment property, verify the PITI and HOA expense if applicable and verify if all funds were used towards that purchase. Loan guidelines require that cash out from this transaction be used for business purpose. Unable to determine that with documents located in file. Also needs verification of PITIA expense and rental income if applicable. | xxx-Clients response: xxx pm Please see the attached .. please clear the condition | xxx-The document provided is the HUD1 from the refinance for property located at xxx showing loan proceeds of $xxx and sent to xxx., for purchasing a new property. Provide the HUD1 for the new property; verify the PITI and documentation that the new property is an investment property. Exception remains. xxx Client sent the HUD for subject stating the funds were paid to the Title company for property purchase and LOE in file states funds to be used for purchase of investment property. Exception satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has xxx years xxx months at current job. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years at current residence. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has xxx years xxx months in same line of work. |
| 10729 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC2408 | Income verification does not meet guidelines | No | Reviewer unable to fully calculate xxx mo. average xxx statements to support earnings of $xxx used to qualify. Missing asset statement for period ending xxx. Provide complete copy of statement for review. | xxx Client responded - Please see the attached xxx bank statements . Please clear the condition | xxx Client sent the xxx statement for account xxx supporting the monthly income of $xxx. Exception satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has xxx years xxx months at current job. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years at current residence. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has xxx years xxx months in same line of work. |
| 10201 | XXXXXX | IL | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Application | Satisfied | D | A | D | A | CRDAPP3822 | Missing or incomplete documentation related to citizenship/residency | No | Provide a copy of the borrower Permanent Resident Alien card. Per xxx the borrower is a Permanent Resident alien. | xxx-Clients response: xxx pm Please see the attached Resident Alien Card front/ back. Please clear the condition | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: xxx months PITI reserves exceeds guidelines. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of xxx exceeds guidelines. |
| 10201 | XXXXXX | IL | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Terms/Guidelines | Active | B | B | B | B | CRDTER3262 | Property issues indicated | No | There is an issue with the property due to not having $xxx in equity for the subject property. | (No Data) | xxx Underwriter has reviewed the Credit Loan Exception approved by upper management for the property having less than $xxx in equity. The exception will remain, however, it is deemed non-material as this is not a fatal issue. Compensating factors are xxx months reserves, LTV of xxx% and FICO of xxxThe xxx grade has been updated to reflect non-material. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: xxx months PITI reserves exceeds guidelines. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of xxx exceeds guidelines. |
| 10730 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Insurance | Satisfied | D | A | D | A | CRDINSR3792 | Insurance policy missing Rent Loss/Business Interruption coverage | No | Provide the xxx Insurance policy showing coverage of at least $xxx | xxx-Clients response: xxx, xxxpm Please see the attached xxx Ins. Policy. Please clear the condition. This was in xxx under title | xxx: Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. CFCFS2860: Good credit history - Clayton Comments: All open tradelines are current |
| 10776 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Assets | Satisfied | D | A | D | A | CRDAST2670 | Asset documentation is insufficient per guideline requirements | No | Missing final executed or stamped CD to support loan proceeds of $xxx used to verify reserves. Copy of settlement statement in file is not signed by borrower or stamped certified by closing agent. | xxx Client responded - Please see attached Certified Final xxx. Please clear this condition xxx Client responded - See attached Settlement Statement signed and certified. Please clear condition | xxx Client sent xxx Final HUDS All xxx are for the wrong borrower and property. Docs sent Property address xxx Borrower is xxx..OUR PROPERTY IS xxx, Borrower is xxx. Exception remains. xxx Client sent the final HUD 1 Settlement statement for our property of xxx Verifying cash to borrower of $xxx. Exception Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years xxx months at current residence. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx mos. |
| 10776 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL1817 | Final HUD-1 is incomplete or illegible | No | Provide final HUD1/CD that has been signed by the borrower and certified by the closing company. | xxx Client responded - Please see attached Certified Final xxx. Please clear this condition xxx Client responded - See attached Settlement Statement signed and certified. Please clear condition | xxx Client sent xxx Final HUDS All xxx are for the wrong borrower and property. Docs sent Property address xxx Borrower is xxx..OUR PROPERTY IS xxx, Borrower is xxx. Exception remains. xxx - Client sent the final HUD 1 Settlement statement for our property of xxx. Verifying cash to borrower of $xxx. Exception Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years xxx months at current residence. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx mos. |
| 10731 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. CFCFS2860: Good credit history - Clayton Comments: All open tradelines are current. | |||||||||||||||
| 10732 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Insurance | Satisfied | C | A | C | A | CRDINSR289 | Insufficient Hazard Insurance Coverage | No | Provide the Condo Master Insurance Policy that has at least $xxx in coverage. | xxx Client responded - Please see attached Condo Master Policy. Please clear this condition. xxx Client responded = exception is satisfied, please clear this condition | xxx Client sent the Condo Master Hazard Policy. Exception satisfied. xxx This exception has been satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS2860: Good credit history - Clayton Comments: All open tradelines are current CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. |
| 10733 | XXXXXX | LA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for xxx years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx; required reserves $xxx = $xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum required is xxx CFCFS1747: Housing expense increase is 10% or less - Clayton Comments: Housing expense on subject property is decreasing, from $xxx to $xxx. | |||||||||||||||
| 10734 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of xxx exceeds guideline CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower on job xxx years CFCFS2860: Good credit history - Clayton Comments: Good credit history xxx last xxx months | |||||||||||||||
| 10735 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2860: Good credit history - Clayton Comments: All open tradelines are current CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of xxx exceeds guideline requirement of xxx for this program. | |||||||||||||||
| 10202 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3122 | Loan documents do not meet guideline requirements | No | Missing most recent housing history verified for borrower departing residence to support xxx. If landlord is a private party xxx mos. cancelled checks or xxx mos. bank statements to support pay history. | xxx Client responded - please see the attached guidelines for xxx page xxx housing history. w/ an additional xxx months reserves. Please clear the condition. | xxx Client sent xxx Statement account xxx verifying additional xxx months reserves which is allowed per guidelines for first time home buyer with no recent housing history. Exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Total assets verified $xxx. Cash required to close $xxx. Cash reserves $xxx. Required reserves xxx months x PITIA $xxx = $xxx CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years at current residence. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has xxx years at current job. |
| 10736 | XXXXXX | NJ | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL1817 | Final HUD-1 is incomplete or illegible | No | Provide Fully executed HUD 1 Settlement statement. | xxx-Clients response: xxx, xxx pm Please see the attached Final Hud 1 Please cleared the condition | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Low LTV xxx% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: xxx months PITIA CFCFS1741: Credit score exceeds guidelines - Clayton Comments: High fico; xxx, program minimum xxx |
| 10737 | XXXXXX | MA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: xxx years living at primary residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: xxx months of xxx mortgage history. | |||||||||||||||
| 10738 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | B | D | B | B | B | D | A | D | B | D | B | B | B | D | A | Compliance | Documentation | Satisfied | D | A | D | A | CMPDOC806 | Notary Status is missing | No | Missing Notary Signature from mortgage and all corresponding riders. | xxx-Clients response: xxx pm Please see the attached mtg with the notary. Please clear the condition | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx mos. xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. |
| 10738 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | B | D | B | B | B | D | A | D | B | D | B | B | B | D | A | Compliance | Documentation | Satisfied | D | A | D | A | CMPDOC869 | Mortgage not signed | No | Missing executed Mortgage and Mortgage Riders. | xxx-Clients response: xxx pm Please see the attached executed mtg please clear the condition | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx mos. xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. |
| 10738 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | B | D | B | B | B | D | A | D | B | D | B | B | B | D | A | Credit | Application | Satisfied | D | A | D | A | CRDAPP157 | Application Not Signed by Primary Borrower | No | Missing Final 1003 signed by borrower. No 1003 was located in file executed by borrower. | xxx-Clients response: xxx pm Please see the attached final signed 1003. Please clear the condition | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx mos. xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. |
| 10738 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | B | D | B | B | B | D | A | D | B | D | B | B | B | D | A | Credit | Credit/Mtg History | Active | B | B | B | B | CRDCRMH193 | Length of mortgage/rental history in file does not meet guideline requirement | No | Missing complete rental history for primary residence. Asset statements in file from xxx provide history from xxx through xxx Missing history from xxx through xxx. Provide evidence of payments for the missing timeframe to support xxx. | xxx-Clients response: xxx pm Please see the xxx months rental history. Please clear the condition | xxx-Provide the rental history from xxx through xxx-the statements provided have history from xxx and xxx. Need xxx. Exception remains. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx mos. xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. |
| 10738 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | B | D | B | B | B | D | A | D | B | D | B | B | B | D | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2277 | Note Not Executed | No | Missing executed Note and Note addendums. | xxx-Clients response: xxx pm Please see the attached executed note. Please clear the condition | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx mos. xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. |
| 10738 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | B | D | B | B | B | D | A | D | B | D | B | B | B | D | A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3122 | Loan documents do not meet guideline requirements | No | Missing complete copy of executed purchase contract. Provide for review. | xxx- xxx pm Please see the attached purchase contract. Please clear the condition | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx mos. xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. |
| 10738 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | B | D | B | B | B | D | A | D | B | D | B | B | B | D | A | Property Valuations | FEMA | Active | B | B | B | B | PRVAFEMA856 | Natural Disaster Area, no subsequent inspection (Public) | No | On xxx a natural disaster was declared due to Hurricane xxx in the region. The appraisal is dated xxx and the loan closed on xxx. A post disaster inspection has to be completed to ensure the integrity of the property was not affected by the hurricane | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx mos. xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. |
| 10739 | XXXXXX | TN | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Terms/Guidelines | Active | B | B | B | B | CRDTER3262 | Property issues indicated | No | Equity of xxx is less than required xxx needed per guidelines. | (No Data) | xxx Underwriter has reviewed the Credit Exception Request approved by upper management allowing less than $xxx equity in the property per the guidelines. The exception will remain, however, due to this not being a fatal issue, it will be deemed as non-material. The compensating factors are xxx% of borrowers own funds used for closing with $xxx in reserves after closing. Borrower has been at current residence for xxx years. The xxxis changed from material to non-material. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at the same residence for over xxx years. CFCFS2860: Good credit history - Clayton Comments: All open accounts are current CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves exceed guidlines |
| 10739 | XXXXXX | TN | (No Data) | ATR/QM: Exempt | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Credit | Title | Satisfied | D | A | D | A | CRDTIL796 | Missing Title | No | File is missing a copy of the title | xxx Client responded - Please see the attached copy of the prelim title. Please clear the condition | xxx Client sent a copy of the Preliminary Title. Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at the same residence for over xxx years. CFCFS2860: Good credit history - Clayton Comments: All open accounts are current CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves exceed guidlines |
| 10740 | XXXXXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in same profession for xxx years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score xxx and minimum required xxx CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx% and maximum allowed is xxx%; bankruptcy settled xxx mos and xxx yrs | |||||||||||||||
| 10741 | XXXXXX | IL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | A | A | A | A | CMPTRID5293 | TRID Not all required seller-paid fees were disclosed on the CD | No | Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. This exception is informational per xxx department and xxx revisions. Exception satisfied. Final Grade A. | (No Data) | xxx- Exception Satisfied | Numeric | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence xxx years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in same line of work xxx years xxx months. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash reserves $xxx. Required reserves xxx months x PITI $xxx = $xxx. |
| 10203 | XXXXXX | PA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been in current job for xxx years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx; required reserves $xxx = $xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum required is xxx | |||||||||||||||
| 10742 | XXXXXX | WA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO score of xxx exceeds guideline requirement of xxx. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in profession for over xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. | |||||||||||||||
| 10743 | XXXXXX | IL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx% and maximum allowed is xxx% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx, required reserves $xxx = $xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum required is xxx | |||||||||||||||
| 10744 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1734: Borrower has significant time at current job - Clayton Comments: xxx years self-employed as a xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx qualifying credit score per CBR. CFCFS2854: Significant time in profession - Clayton Comments: xxx years in the xxx profession. | |||||||||||||||
| 10777 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Application | Satisfied | C | A | C | A | CRDAPP1813 | Undisclosed non-arm's length transaction | No | Subject loan is a non-arms length transaction. Borrower LOE in file indicates borrower has a business relationship with the seller. Per guideline non-arms length transactions are allowed subject to management review. Missing evidence of managements review and documentation to verify sellers mortgage history to meet normal underwriting guidelines. Provide evidence of management review and sellers mortgage history as required by guidelines. | xxx-Clients response: xxx, xxx am Please see attached xxx Response. Please clear condition | xxx-Document received; exception is satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has xxx years xxx months in same line of work. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years at current residence. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has xxx years xxx months at current job. |
| 10777 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Assets | Satisfied | D | A | D | A | CRDAST2670 | Asset documentation is insufficient per guideline requirements | No | Missing second consecutive statement for xxx xxx to complete xxx day history. Documentation located in file covers xxx xxx. Provide a complete xxx day history of transactions for review. | xxx-Clients response: xxx, xxx am Please see attached xxx Response. Please clear condition xxx Client responded - Please see the attached previous months bank statement that will meet the xxx day requirement for reserves on the above file. Please clear the condition xxx Client sent the Change of Circumstance Form. Still require the additional Bank statement for xxx. xxx-Clients response: xxx, xxx pm See attached xxx bank statement. Please clear this exception. xxx-xxx response: xxx account #xxx dated xxx and is sufficient to clear the exception. Exception is satisfied. | xxx-Document received was the gift letter; document required is the second consecutive bank statement for xxx account xxx to complete the xxx day history. Exception remains. xxx-Exception satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has xxx years xxx months in same line of work. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years at current residence. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has xxx years xxx months at current job. |
| 10745 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. CFCFS2860: Good credit history - Clayton Comments: All open tradelines are current | |||||||||||||||
| 10746 | XXXXXX | MA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Application | Satisfied | D | A | D | A | CRDAPP3312 | One or more Applications in file are incomplete | No | Provide the final 1003 that shows xxx as applying for individual credit; 1003 in the file shows applying for joint credit. | xxx-Clients response: xxx pm Please see the attached final signed 1003 by the borrower as individual. Please clear the condition | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx; required reserves $xxx = $xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum required is xxx CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx% and maximum allowed is xxx% |
| 10746 | XXXXXX | MA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL100 | Legal document incorrect or incomplete | No | Missing complete copy of Operating Agreement for xxx, only page xxx was found. | xxx-Clients response: xxx pm Please see the attached full operating agreement. Please clear the condition | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx; required reserves $xxx = $xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum required is xxx CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx% and maximum allowed is xxx% |
| 10747 | XXXXXX | WA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL1819 | Estimated HUD-1 in File, Missing Final HUD-1 | No | File is missing copy of fully executed Final HUD 1. | xxx Client responded- Please see the attached final hud 1. Please clear the condition | xxx Client sent in the Final Master Settlement Statement. Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. CFCFS2860: Good credit history - Clayton Comments: All open tradelines are current xxx |
| 10748 | XXXXXX | UT | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | A | A | D | B | D | B | D | A | A | A | D | B | Compliance | Documentation | Satisfied | D | A | D | A | CMPDOC806 | Notary Status is missing | No | Mortgage in file is missing Notary. | xxx Client responded - Please see the attached mtg w/ notary executed. Please clear the condition | xxx Client sent the executed Mortgage with the Notary included. Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at same job for over xxx years. CFCFS2860: Good credit history - Clayton Comments: All open tradelines are current |
| 10748 | XXXXXX | UT | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | A | A | D | B | D | B | D | A | A | A | D | B | Compliance | Documentation | Satisfied | D | A | D | A | CMPDOC869 | Mortgage not signed | No | Mortgage in file is not signed by borrowers. | xxx Client responded - Please see the attached executed MTG. Please clear the condition | xxx Client sent the fully executed Mortgage/Deed of Trust. Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at same job for over xxx years. CFCFS2860: Good credit history - Clayton Comments: All open tradelines are current |
| 10748 | XXXXXX | UT | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | A | A | D | B | D | B | D | A | A | A | D | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | B | B | B | B | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | Realtor Commissions reflected on Seller CD but not in section H of Borrower Final CD. As fees are at least shown this is not a material issue. This exception is informational per xxx department. Exception satisfied. Final Grade A. | (No Data) | xxx- Exception Satisfied | Numeric | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at same job for over xxx years. CFCFS2860: Good credit history - Clayton Comments: All open tradelines are current |
| 10748 | XXXXXX | UT | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | A | A | D | B | D | B | D | A | A | A | D | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | D | A | D | A | CMPTRID5107 | TRID - Seller CD not in file; need in order to complete fee entry | No | Seller CD is missing from file. | xxx - Client response - Please see the attached seller cd. Please clear the condition | xxx - Exception satisfied, Client provided the Seller CD. | Not Applicable | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at same job for over xxx years. CFCFS2860: Good credit history - Clayton Comments: All open tradelines are current |
| 10748 | XXXXXX | UT | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | A | A | D | B | D | B | D | A | A | A | D | B | Credit | Credit/Mtg History | Satisfied | D | A | D | A | CRDCRMH149 | Missing support docs for VOM/VOR (e.g. cancelled checks) | No | Missing proof of rent payments. Verification of Rent for the most recent xxx months; if private party than supply cancelled checks. | xxx-Clients response: xxx pm PLEASE SEE THE ATTACHED VOR xxx MONTHS RENT. PLEASE CLEAR THE CONDITION xxx-Clients response: xxx pm PLEASE SEE THE ATTACHED VOR xxx MONTHS RENT. PLEASE CLEAR THE CONDITION. xxx Client responded - PLEASE SEE THE ATTACHED VOR xxx MONTHS RENT. PLEASE CLEAR THE CONDITION xxx Client sent in xxx months of bank statements showing a transfer of $xxx per month. However the file does not contain anywhere how much the borrowers rent is every month. The xxx does not have nor the LOE for the xxx months that the borrower did not have to pay. Please send a LOE or lease agreement with the monthly rent to tie to the bank statements for $xxx. File does not contain this information. xxx: Lender provided LOX from borrower previous landlord stating the borrowers had been paying rent for previous xxx years. Borrower bank statements in file show the rental amount of $xxx paid monthly. | xxx-Provide the verification of rent; the document was not received. Exception remains. xxx-Guidelines for this loan program require that if the borrowers rent from a private party then cancelled checks must be provided. The letter that we have received refers to xxx months that the private party did not require rent which were xxx, xxx and xxx due to negotiated work on the property. We still need xxx months of cancelled checks to meet the guideline's of the loan program. Exception remains. xxx Client sent in xxx months of bank statements showing a transfer of $xxx per month. However the file does not contain anywhere how much the borrowers rent is every month. The 1003 does not have nor the LOE for the xxx months that the borrower did not have to pay. Please send a LOE or lease agreement with the monthly rent to tie to the bank statements for $xxx. File does not contain this information, Exception remains. xxx: Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at same job for over xxx years. CFCFS2860: Good credit history - Clayton Comments: All open tradelines are current |
| 10748 | XXXXXX | UT | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | D | A | A | A | D | B | D | B | D | A | A | A | D | B | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL2277 | Note Not Executed | No | Note in file not signed by borrowers. | xxx Client responded - Please see the attached copy of the note. Please clear the condition | xxx Client sent fully executed Note. Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at same job for over xxx years. CFCFS2860: Good credit history - Clayton Comments: All open tradelines are current |
| 10749 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Terms/Guidelines | Satisfied | D | A | D | A | CRDTER146 | Missing lender's loan approval/underwriting form | No | Missing lender approval with Docs Out status support income Doc Type of DSCR. Two loan approvals are located in file. First has loan status of Approved with Doc Type DSCR. Second has loan status of Docs Out with Doc Type Alt Doc Business Bank Statements. Application appears to reflect Doc Type of DSCR is how borrowers qualified as no employment is reflected and only xxx months business bank statements in file. Provide copy of final approval with Doc Type of DSCR for review. | xxx-Clients response: xxx, xxx am Please see the attached correct loan approval. Please clear the condition | xxx-Document received; exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years xxx months at current residence. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. |
| 10750 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Terms/Guidelines | Active | B | B | B | B | CRDTER127 | Payment shock does not meet guidelines | No | Payment shock of xxx% is greater than xxx% allowed per guidelines. NOTE: file contains credit exception for payment shock approved by management with compensating factors of DTI xxx%, LTV xxx%, FICO score of xxx and xxx years at present address and good income. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has xxx years at current residence. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash reserves $xxx. Required reserves xxx months x PITI $xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx |
| 10751 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | B | A | A | A | B | A | A | A | B | A | A | A | B | A | A | A | Property Valuations | FEMA | Satisfied | B | A | B | A | PRVAFEMA856 | Natural Disaster Area, no subsequent inspection (Public) | No | No subsequent inspection since FEMA disaster declared xxx for Hurricane xxx | Appraisal in file is dated xxx and shows no damage | exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrower verified cash reserves $xxx exceed guidelines CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower credit score xxx exceed guidelines CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence xxx years xxx months |
| 10752 | XXXXXX | NC | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | N/A | N/A | B | B | B | B | A | A | N/A | N/A | Credit | Terms/Guidelines | Active | B | B | B | B | CRDTER3122 | Loan documents do not meet guideline requirements | No | Does not meet minimum equity requirement of $xxx; borrower equity is $xxx. | (No Data) | xxx: xxx Underwriter has reviewed the Credit Exception Request approved by upper management allowing loan approval to borrower with less than $xxx minimum equity into the property, borrower has $xxx equity. The exception will remain, however, due to this not being a fatal issue, it will be deemed as non-material. The compensating factors are DSCR above xxx at xxx%, no mortgage late pays, and xxx years in the industry and xxx years at current address. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for xxx years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum required is xxx CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx; required reserves $xxx = $xxx |
| 10753 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has xxx years in same line of work. CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage history reports xxx | |||||||||||||||
| 10754 | XXXXXX | OK | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL1819 | Estimated HUD-1 in File, Missing Final HUD-1 | No | HUD1 is not signed or certified as final. | xxx-Clients response: xxx, xxx pm Please see the attached Final HUD 1. Please clear the condition | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx% and maximum allowed is xxx% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx; no required reserves. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum required is xxx |
| 10755 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | C | B | B | B | C | A | A | A | C | B | B | B | C | A | A | A | Credit | Credit/Mtg History | Active | B | B | B | B | CRDCRMH193 | Length of mortgage/rental history in file does not meet guideline requirement | No | Guidelines require a primary housing history for most recent xxx months. Lender provided application indicating borrower did not rent or own current residence and approval notes that xxx to approve no housing history. Provide satisfactory evidence of approved exception for lack of primary housing history. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of xxx exceeds minimum required xxx. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below the maximum allowable of xxx%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash reserves = $xxx. Required reserves xxx months based on LTV. Excess reserves $xxx. |
| 10755 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | C | B | B | B | C | A | A | A | C | B | B | B | C | A | A | A | Property Valuations | FEMA | Satisfied | C | A | C | A | PRVAFEMA858 | Natural Disaster Area, no subsequent inspection (Individual & Public) | No | FEMA disaster Hurricane xxx Declaration #xxx with xxx declaration date, xxx effective date. Appraisal dated after declaration with no damage noted. | Appraisal in file is dated after FEMA disaster and shows no damage to subject | exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of xxx exceeds minimum required xxx. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below the maximum allowable of xxx%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash reserves = $xxx. Required reserves xxx months based on LTV. Excess reserves $xxx. |
| 10756 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for xxx years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx; required reserves $xxx = $xxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum required is xxx | |||||||||||||||
| 10757 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Credit/Mtg History | Active | B | B | B | B | CRDCRMH193 | Length of mortgage/rental history in file does not meet guideline requirement | No | Credit Supplement/VOM for Current Residence @ xxx. with xxx through xxx payment. Also, provide proof of ownership in property for last xxx (xxx) months as appears borrower just refinanced this property which was xxx prior. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrowers credit is score xxx. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrower has xxx in reserves. |
| 10758 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR CFCFS1736: Significant time at current residence - Clayton Comments: xxx years residing at primary residence. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx months of xxx consumer history. | |||||||||||||||
| 10759 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | Property Valuations | FEMA | Satisfied | C | A | C | A | PRVAFEMA858 | Natural Disaster Area, no subsequent inspection (Individual & Public) | No | Post disaster inspection; Declaration date xxx; Effective date xxx; Hurricane xxx; Declaration #xxx. Appraisal dated xxx, appraiser does not reflect damage to subject property. | appraisal in file dated after FEMA disaster shows no damage to subject | exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score xxx is greater than guideline xxx for DSCR less than xxx CFCFS2860: Good credit history - Clayton Comments: xxx past xxx months CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close assets $xxx or xxx months PITI |
| 10760 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx months of xxx consumer credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: xxx months of reserves in file. | |||||||||||||||
| 10778 | XXXXXX | NV | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | DTI | Satisfied | D | A | D | A | CRDDTI2540 | Missing verification of some or all components of non-subject PITI | No | Missing tax and hazard expense for xxx. Final xxx does not reflects the tax/insurance expense and no documentation was located in file to verify expenses. | xxx-Clients response: xxx, xxx am Please see attached xxx Response. Please clear this condition. xxx-Clients response: xxx, xxx pm See attached xxx Response. Please clear this condition | xxx The monthly mortgage payments must be satisfactorily documented on all rental properties owned by the borrower, if not reported on the credit report. Property Taxes, Insurance, HOA Fees for Rental Properties Owned by the Borrower The monthly payments for taxes, insurance and Homeowners Association (HOA) fees (if applicable) will be taken from the Schedule of Real Estate. If the Schedule of Real Estate is incomplete or blank, the borrower must provide satisfactory documentation verifying the amount of the monthly payments. Exception remains. xxx-Taxes received for both properties, exception is satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash reserves $xxx. Required reserves 6 months PITI $xxx = $xxx. |
| 10761 | XXXXXX | NV | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: xxx mid-score per CBR. CFCFS1736: Significant time at current residence - Clayton Comments: xxx years living at primary residence. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: xxx months of xxx consumer history per CBR. | |||||||||||||||
| 10762 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for over xxx years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of xxx exceeds guideline requirement of xxx for this program. | |||||||||||||||
| 10763 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrower verified cash reserves $xxx exceed guidelines CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower credit score xxx exceed guidelines CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence xxx years | |||||||||||||||
| 10764 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Insurance | Satisfied | D | A | D | A | CRDINSR848 | Missing Hazard Insurance | No | Insurance Declarations Page not in file. | xxx Client responded - Please see the attached Hazard Ins. Please clear the condition | xxx Client sent the Hazard Declaration. Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for over xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of xxx% is below guideline requirement of xxx% for this program. CFCFS2860: Good credit history - Clayton Comments: All open tradelines are current. |
| 10765 | XXXXXX | LA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have xxx years at current residence. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash reserves $xxx. Required reserves xxx months x PITI $xxx = $xxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score xxx above program requirement xxx. | |||||||||||||||
| 10766 | XXXXXX | NV | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx no required reserves. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for xxx years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been in current job for xxx years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is xxx% and maximum allowed is xxx% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is xxx and minimum is xxx | |||||||||||||||
| 10767 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL1819 | Estimated HUD-1 in File, Missing Final HUD-1 | No | Missing final HUD1 with signatures | xxx-Clients response: xxx, xxx am Please see attached Final Settlement Statement. Please clear condition | xxx-Document received; exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for xxx years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx, no required reserves |
| 10767 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3122 | Loan documents do not meet guideline requirements | No | Missing copy of operating agreement | xxx-Clients response: xxx, xxx pm See attached Operating Agreement. Please clear condition | xxx-Operating Agreement received; exception is satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for xxx years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $xxx, no required reserves |
| 10768 | XXXXXX | MD | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Insurance | Satisfied | D | A | D | A | CRDINSR848 | Missing Hazard Insurance | No | Missing evidence of hazard insurance for subject property in force at time of close, xxx, reflecting Lender loss payee clause. No evidence of hazard insurance was located in file. | xxx-Clients response: xxx pm Please see the attached evidence of hazard insurance for subject property. Please clear the condition | xxx-Document received, exception is satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: Qualifying LTV xxx% below program maximum xxx%. CFCFS2860: Good credit history - Clayton Comments: Borrower has low use of consumer credit. Credit line usage xxx%. |
| Client Name: | |
| Client Project Name: | HOMES 2023-NQM1 |
| Start - End Dates: | 4/26/2022 - 11/9/2022 |
| Deal Loan Count: | 455 |
| Conditions Report 2.0 | |
| Loans in Report: | 455 |
| Loans with Conditions: | 223 |
| Loan Number | TRID Indicator | Lender Application Date | Broker Application Date | Initial Securitization Overall Loan Grade | Final Securitization Overall Loan Grade | Initial Securitization Credit Loan Grade | Final Securitization Credit Loan Grade | Initial Securitization Property Valuations Loan Grade | Final Securitization Property Valuations Loan Grade | Initial Securitization Compliance Loan Grade | Final Securitization Compliance Loan Grade | Initial S&P Overall Loan Grade | Final S&P Overall Loan Grade | Initial S&P Credit Loan Grade | Final S&P Credit Loan Grade | Initial S&P Property Valuations Loan Grade | Final S&P Property Valuations Loan Grade | Initial S&P Compliance Loan Grade | Final S&P Compliance Loan Grade | Did Lender Acknowledge Exception at Origination |
| 10204 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10205 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | No |
| 10348 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Not Applicable |
| 10420 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10206 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10349 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Not Applicable |
| 10207 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Yes |
| 10350 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10351 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10352 | Yes | XXXXXX | XXXXXX | D | B | D | A | A | A | C | B | D | B | D | A | A | A | C | B | Not Applicable |
| 10208 | Yes | XXXXXX | XXXXXX | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Not Applicable |
| 10209 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10210 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10211 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | No |
| 10212 | Yes | XXXXXX | XXXXXX | C | A | C | A | C | A | N/A | N/A | C | A | C | A | C | A | N/A | N/A | No |
| 10213 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | No |
| 10214 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10421 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | No |
| 10215 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10216 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10217 | Yes | XXXXXX | XXXXXX | D | A | A | A | D | A | A | A | D | A | A | A | D | A | A | A | No |
| 10218 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10219 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10353 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10220 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10221 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Not Applicable |
| 10222 | Yes | XXXXXX | XXXXXX | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | No |
| 10223 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10224 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10225 | Yes | XXXXXX | XXXXXX | D | A | C | A | D | A | A | A | D | A | C | A | D | A | A | A | No |
| 10354 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10226 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10355 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | No |
| 10356 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Yes |
| 10052 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | No |
| 10227 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10228 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10229 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10230 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10357 | Yes | XXXXXX | XXXXXX | D | A | A | A | D | A | A | A | D | A | A | A | D | A | A | A | Not Applicable |
| 10231 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10232 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10358 | Yes | XXXXXX | XXXXXX | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | No |
| 10233 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10053 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10234 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10235 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10236 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | No |
| 10237 | Yes | XXXXXX | XXXXXX | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | Not Applicable |
| 10238 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10239 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | No |
| 10240 | Yes | XXXXXX | XXXXXX | D | B | D | A | C | A | D | B | D | B | D | A | C | A | D | B | No |
| 10241 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10422 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10242 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10243 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Yes |
| 10244 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10786 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10245 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10246 | Yes | XXXXXX | XXXXXX | D | B | D | B | A | A | D | A | D | B | D | B | A | A | D | A | No |
| 10247 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10248 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | No |
| 10249 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10038 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10250 | Yes | XXXXXX | XXXXXX | B | A | A | A | A | A | B | A | B | A | A | A | A | A | B | A | Not Applicable |
| 10251 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10252 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10253 | Yes | XXXXXX | XXXXXX | C | A | C | A | C | A | A | A | C | B | C | A | C | B | A | A | Not Applicable |
| 10254 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | No |
| 10255 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10256 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10257 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Yes |
| 10258 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10259 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10359 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10260 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10261 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Not Applicable |
| 10262 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | No |
| 10263 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10423 | Yes | XXXXXX | XXXXXX | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | No |
| 10264 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10265 | Yes | XXXXXX | XXXXXX | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Not Applicable |
| 10424 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10266 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10360 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10267 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10268 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10269 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10425 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10270 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10119 | Yes | XXXXXX | XXXXXX | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | No |
| 10271 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10272 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10273 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | B | A | D | A | D | A | A | A | B | A | Not Applicable |
| 10274 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10275 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | No |
| 10426 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10276 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10277 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10361 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10278 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10362 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10279 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10280 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10281 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | No |
| 10282 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Not Applicable |
| 10283 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | No |
| 10054 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10284 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10285 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | No |
| 10286 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10363 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10364 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10287 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10288 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10289 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Not Applicable |
| 10290 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10291 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | No |
| 10292 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10427 | Yes | XXXXXX | XXXXXX | D | A | D | A | D | A | A | A | D | A | D | A | D | A | A | A | Not Applicable |
| 10293 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10294 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10295 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10296 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10365 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10366 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10297 | Yes | XXXXXX | XXXXXX | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Not Applicable |
| 10298 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10299 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | No |
| 10367 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | No |
| 10368 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10300 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | No |
| 10428 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10429 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10301 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | No |
| 10055 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10302 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10430 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10303 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10304 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | No |
| 10305 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10056 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Not Applicable |
| 10120 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10306 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10307 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10308 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | No |
| 10431 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Not Applicable |
| 10309 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | No |
| 10369 | Yes | XXXXXX | XXXXXX | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Not Applicable |
| 10370 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Not Applicable |
| 10005 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10310 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10371 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | Not Applicable |
| 10311 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10432 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10372 | Yes | XXXXXX | XXXXXX | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | No |
| 10373 | Yes | XXXXXX | XXXXXX | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | No |
| 10433 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10374 | Yes | XXXXXX | XXXXXX | C | B | A | A | C | B | A | A | C | B | A | A | C | B | A | A | No |
| 10434 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | No |
| 10375 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10312 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10313 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10314 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10315 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10057 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10376 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10316 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10377 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | No |
| 10139 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10435 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10378 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10058 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | Not Applicable |
| 10317 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10318 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10379 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | No |
| 10319 | Yes | XXXXXX | XXXXXX | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | No |
| 10320 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10059 | Yes | XXXXXX | XXXXXX | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Not Applicable |
| 10380 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10060 | Yes | XXXXXX | XXXXXX | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | No |
| 10714 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10061 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | Not Applicable |
| 10381 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10382 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10062 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | No |
| 10436 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | No |
| 10063 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Not Applicable |
| 10121 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10383 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | Not Applicable |
| 10384 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Not Applicable |
| 10385 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10437 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10039 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Not Applicable |
| 10386 | Yes | XXXXXX | XXXXXX | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | No |
| 10387 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10064 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10065 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10438 | Yes | XXXXXX | XXXXXX | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | No |
| 10388 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10389 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Not Applicable |
| 10390 | Yes | XXXXXX | XXXXXX | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Not Applicable |
| 10391 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | No |
| 10439 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | C | A | D | A | D | A | A | A | C | A | Not Applicable |
| 10440 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10392 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10441 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Not Applicable |
| 10066 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10140 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | No |
| 10393 | Yes | XXXXXX | XXXXXX | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | No |
| 10040 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10067 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10068 | Yes | XXXXXX | XXXXXX | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Not Applicable |
| 10141 | Yes | XXXXXX | XXXXXX | C | B | B | B | C | A | A | A | C | B | B | B | C | B | A | A | Not Applicable |
| 10069 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | No |
| 10070 | Yes | XXXXXX | XXXXXX | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Not Applicable |
| 10006 | Yes | XXXXXX | XXXXXX | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | No |
| 10394 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Not Applicable |
| 10395 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10396 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | No |
| 10041 | Yes | XXXXXX | XXXXXX | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | No |
| 10397 | Yes | XXXXXX | XXXXXX | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | No |
| 10071 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10398 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10399 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Not Applicable |
| 10442 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10007 | Yes | XXXXXX | XXXXXX | C | B | C | B | A | A | C | A | C | B | C | B | A | A | C | A | Not Applicable |
| 10072 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10073 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10400 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | No |
| 10401 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10074 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10402 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | No |
| 10075 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | Not Applicable |
| 10403 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Yes |
| 10404 | Yes | XXXXXX | XXXXXX | C | B | B | B | A | A | C | A | C | B | B | B | A | A | C | A | Not Applicable |
| 10405 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10142 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10042 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10008 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | No |
| 10076 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10443 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10406 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10407 | Yes | XXXXXX | XXXXXX | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Not Applicable |
| 10408 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | Not Applicable |
| 10113 | Yes | XXXXXX | XXXXXX | C | B | C | A | A | A | C | B | C | B | C | A | A | A | C | B | No |
| 10444 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10445 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10114 | Yes | XXXXXX | XXXXXX | D | B | D | A | B | B | A | A | D | B | D | A | B | B | A | A | Not Applicable |
| 10077 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10446 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10447 | Yes | XXXXXX | XXXXXX | D | A | A | A | D | A | A | A | D | A | A | A | D | A | A | A | Not Applicable |
| 10448 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10043 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | No |
| 10409 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | C | A | C | A | C | A | A | A | C | A | Not Applicable |
| 10078 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10079 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10080 | Yes | XXXXXX | XXXXXX | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Not Applicable |
| 10081 | Yes | XXXXXX | XXXXXX | D | A | A | A | D | A | N/A | N/A | D | A | A | A | D | A | N/A | N/A | Not Applicable |
| 10410 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | N/A | N/A | C | A | C | A | A | A | N/A | N/A | No |
| 10411 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10412 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10009 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10082 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10413 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | C | A | D | A | D | A | A | A | C | A | Not Applicable |
| 10414 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10415 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10083 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | No |
| 10084 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10044 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10045 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10416 | Yes | XXXXXX | XXXXXX | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | No |
| 10085 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10122 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | Not Applicable |
| 10417 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10086 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | No |
| 10087 | Yes | XXXXXX | XXXXXX | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Not Applicable |
| 10088 | Yes | XXXXXX | XXXXXX | B | B | A | A | B | B | A | A | B | B | A | A | B | B | A | A | Not Applicable |
| 10089 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Not Applicable |
| 10003 | Yes | XXXXXX | XXXXXX | D | A | A | A | C | A | D | A | D | A | A | A | C | A | D | A | Not Applicable |
| 10090 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10143 | Yes | XXXXXX | XXXXXX | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Not Applicable |
| 10091 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10092 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Not Applicable |
| 10010 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10093 | Yes | XXXXXX | XXXXXX | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Not Applicable |
| 10094 | Yes | XXXXXX | XXXXXX | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Not Applicable |
| 10001 | Yes | XXXXXX | XXXXXX | C | B | A | A | C | B | A | A | C | B | A | A | C | B | A | A | No |
| 10095 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Not Applicable |
| 10418 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10116 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10123 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Not Applicable |
| 10011 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10144 | Yes | XXXXXX | XXXXXX | D | B | D | A | B | B | N/A | N/A | D | B | D | A | B | B | N/A | N/A | Yes |
| 10117 | Yes | XXXXXX | XXXXXX | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | Not Applicable |
| 10419 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | C | A | D | A | D | A | A | A | C | A | Not Applicable |
| 10012 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10046 | Yes | XXXXXX | XXXXXX | C | B | B | B | A | A | C | A | C | B | B | B | A | A | C | A | Not Applicable |
| 10013 | Yes | XXXXXX | XXXXXX | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Not Applicable |
| 10096 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10097 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | No |
| 10124 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | Not Applicable |
| 10098 | Yes | XXXXXX | XXXXXX | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Not Applicable |
| 10099 | Yes | XXXXXX | XXXXXX | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Not Applicable |
| 10100 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | No |
| 10014 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10787 | Yes | XXXXXX | XXXXXX | D | B | D | B | A | A | N/A | N/A | D | B | D | B | A | A | N/A | N/A | Not Applicable |
| 10047 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | Not Applicable |
| 10048 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10101 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Not Applicable |
| 10145 | Yes | XXXXXX | XXXXXX | B | B | B | B | A | A | N/A | N/A | B | B | B | B | A | A | N/A | N/A | Not Applicable |
| 10102 | Yes | XXXXXX | XXXXXX | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Not Applicable |
| 10146 | Yes | XXXXXX | XXXXXX | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Not Applicable |
| 10103 | Yes | XXXXXX | XXXXXX | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | No |
| 10147 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10148 | Yes | XXXXXX | XXXXXX | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | No |
| 10104 | Yes | XXXXXX | XXXXXX | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Not Applicable |
| 10149 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10769 | Yes | XXXXXX | XXXXXX | D | A | D | A | C | A | N/A | N/A | D | A | D | A | C | A | N/A | N/A | Not Applicable |
| 10105 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | No |
| 10049 | Yes | XXXXXX | XXXXXX | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Not Applicable |
| 10106 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10015 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10107 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | No |
| 10125 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | Not Applicable |
| 10150 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10004 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10118 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | Not Applicable |
| 10016 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | No |
| 10050 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10151 | Yes | XXXXXX | XXXXXX | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | No |
| 10108 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10109 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10051 | Yes | XXXXXX | XXXXXX | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Not Applicable |
| 10152 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Not Applicable |
| 10110 | Yes | XXXXXX | XXXXXX | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Not Applicable |
| 10715 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | Not Applicable |
| 10153 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | N/A | N/A | C | A | C | A | A | A | N/A | N/A | Not Applicable |
| 10154 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | Not Applicable |
| 10155 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10156 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Not Applicable |
| 10157 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10158 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10159 | Yes | XXXXXX | XXXXXX | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Not Applicable |
| 10160 | Yes | XXXXXX | XXXXXX | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | No |
| 10111 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10161 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | N/A | N/A | C | A | C | A | A | A | N/A | N/A | Not Applicable |
| 10788 | Yes | XXXXXX | XXXXXX | B | A | A | A | B | A | N/A | N/A | B | A | A | A | B | A | N/A | N/A | Not Applicable |
| 10162 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10163 | Yes | XXXXXX | XXXXXX | C | B | C | B | A | A | C | A | C | B | C | B | A | A | C | A | Not Applicable |
| 10164 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10165 | Yes | XXXXXX | XXXXXX | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Not Applicable |
| 10166 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10112 | Yes | XXXXXX | XXXXXX | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | No |
| 10716 | Yes | XXXXXX | XXXXXX | B | B | A | A | B | B | N/A | N/A | B | B | A | A | B | B | N/A | N/A | Not Applicable |
| 10167 | Yes | XXXXXX | XXXXXX | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Not Applicable |
| 10168 | Yes | XXXXXX | XXXXXX | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Not Applicable |
| 10690 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | No |
| 10169 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10170 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10171 | Yes | XXXXXX | XXXXXX | C | B | C | A | A | A | C | B | C | B | C | A | A | A | C | B | Not Applicable |
| 10172 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10017 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10173 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10174 | Yes | XXXXXX | XXXXXX | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Not Applicable |
| 10717 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | Not Applicable |
| 10718 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Not Applicable |
| 10175 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Not Applicable |
| 10176 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10177 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | No |
| 10719 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Not Applicable |
| 10178 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10179 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | Not Applicable |
| 10180 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10181 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10182 | Yes | XXXXXX | XXXXXX | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Not Applicable |
| 10183 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10184 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10185 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10186 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10720 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10187 | Yes | XXXXXX | XXXXXX | B | B | A | A | B | B | A | A | B | B | A | A | B | B | A | A | Not Applicable |
| 10721 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10770 | Yes | XXXXXX | XXXXXX | C | A | A | A | C | A | N/A | N/A | C | A | A | A | C | A | N/A | N/A | No |
| 10188 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10189 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Not Applicable |
| 10190 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10191 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10192 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10722 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10723 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10724 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Not Applicable |
| 10193 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10194 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10195 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10725 | Yes | XXXXXX | XXXXXX | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Not Applicable |
| 10196 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10771 | Yes | XXXXXX | XXXXXX | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | Not Applicable |
| 10772 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | No |
| 10773 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Not Applicable |
| 10197 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Not Applicable |
| 10726 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Not Applicable |
| 10727 | Yes | XXXXXX | XXXXXX | D | B | D | A | C | B | N/A | N/A | D | B | D | A | C | B | N/A | N/A | Not Applicable |
| 10728 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10198 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10774 | Yes | XXXXXX | XXXXXX | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Not Applicable |
| 10199 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10200 | Yes | XXXXXX | XXXXXX | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | No |
| 10775 | Yes | XXXXXX | XXXXXX | C | A | A | A | C | A | N/A | N/A | C | A | A | A | C | A | N/A | N/A | Not Applicable |
| 10729 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10201 | Yes | XXXXXX | XXXXXX | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | Not Applicable |
| 10730 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | No |
| 10776 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | No |
| 10731 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10732 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | No |
| 10733 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10734 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10735 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10202 | Yes | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Not Applicable |
| 10736 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10737 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10738 | Yes | XXXXXX | XXXXXX | D | B | D | B | B | B | D | A | D | B | D | B | B | B | D | A | Not Applicable |
| 10739 | Yes | XXXXXX | XXXXXX | D | B | D | B | A | A | A | A | D | B | D | B | A | A | A | A | No |
| 10740 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10741 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10203 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | Not Applicable |
| 10742 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | No |
| 10743 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10744 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10777 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10745 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10746 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Not Applicable |
| 10747 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Not Applicable |
| 10748 | Yes | XXXXXX | XXXXXX | D | B | D | A | A | A | D | B | D | B | D | A | A | A | D | B | Not Applicable |
| 10749 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Not Applicable |
| 10750 | Yes | XXXXXX | XXXXXX | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Not Applicable |
| 10751 | Yes | XXXXXX | XXXXXX | B | A | A | A | B | A | A | A | B | A | A | A | B | A | A | A | Not Applicable |
| 10752 | Yes | XXXXXX | XXXXXX | B | B | B | B | A | A | N/A | N/A | B | B | B | B | A | A | N/A | N/A | Yes |
| 10753 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10754 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10755 | Yes | XXXXXX | XXXXXX | C | B | B | B | C | A | A | A | C | B | B | B | C | A | A | A | No |
| 10756 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| 10757 | Yes | XXXXXX | XXXXXX | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Not Applicable |
| 10758 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10759 | Yes | XXXXXX | XXXXXX | C | A | A | A | C | A | A | A | C | A | A | A | C | A | A | A | Not Applicable |
| 10760 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10778 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |
| 10761 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10762 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10763 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10764 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | No |
| 10765 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10766 | Yes | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |
| 10767 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Not Applicable |
| 10768 | Yes | XXXXXX | XXXXXX | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Not Applicable |