Exhibit 99.43
Exception Detail
Run Date - 01/05/2023 8:56:17 AM
| Evolve Loan ID | Customer Loan ID | Seller Loan ID | Loan Exception ID | Exception ID | Exception Date | Exception Type | Exception Category | Exception Subcategory | Exception | Exception Detail | Exception Information | Exception Remediation | Compensating Factors | Follow-up Comments | Cleared Date | Cured Date | Waived Date | Exception Level Grade | Exception Level Rating | Note Date | Property State | Occupancy | Purpose | Overall Initial Loan Grade | Overall Final Loan Grade | Credit Initial Loan Grade | Credit Final Loan Grade | Compliance Initial Loan Grade | Compliance Final Loan Grade | Property Initial Loan Grade | Property Final Loan Grade | Originator QM ATR Status | TPR QM ATR Status | Is Curable |
| 1299921 | 2023010799 | 6261740 | 353 | XXX | Credit | UW Qualifications | UW Qualifications - UW - LA/CLA exceeds Max. Limit | Loan amount of $XXX does not meet minimum loan amount of $XXXX. | Lender approved outside of guidelines due to FICO score and reserves. | XXX | XXX | B | 2 | XXX | XXX | 3 | 13 | C | B | C | B | N/A | N/A | C | A | Exempt | 1 | |||||||
| 1305846 | 2023010776 | 6298536 | 971 | XXX | Compliance | Compliance | Compliance - CD- Missing CD Signed by borrower | Missing final Closing Disclosure signed by borrower at closing | Information provided | Reviewer XXX XX:XX AM; XX/XX CD provided is not signed at closing XX/XX by borrower(s). Condition remains. Please provide Final CD signed and dated by borrower at closing XX/XX. Reviewer XXX XX:XX AM; XX/XX CD signed by the borrowers, however the co-borrower's signature date is not legible. Please provide the XX/XX CD with legible signature dates. |
XXX | XXX | A | 1 | XXX | XXX | 1 | 3 | C | A | A | A | C | A | C | A | Non-QM | 1 | ||||||
| 1305853 | 2023010778 | 6301484 | 879 | XXX | Compliance | Application | Application - Other: | Borrower's citizenship is not completed on final Application | clrd, Borrower is a foreign national | Reviewer XXX XX:XX AM; Citizenship has not been marked on the application provided. No application in file has citizenship type. Reviewer XXX XX:XX AM; Page X was not provided with the Tdoc final application. Condition remains open. Reviewer XXX XX:XX AM; Document provided will not clear deficiency. Condition remains. Reviewer XXX XX:XX AM; clrd, Borrower is a foreign national |
XXX | XXX | A | 1 | XXX | XXX | 2 | 13 | C | A | A | A | C | A | C | A | QM Safe Harbor | 1 | ||||||
| 1307132 | 2023010781 | 6308700 | 433 | XXX | Credit | UW Assets | UW Assets - UW - Short funds to close | Required funds to close $XXX.XX. Total verified assets $XXX.XX | Received | XXX | XXX | A | 1 | XXX | XXX | 3 | 1 | C | A | C | A | N/A | N/A | C | A | Exempt | 1 | |||||||
| 1307140 | 2023010775 | 6308107 | 851 | XXX | Credit | UW Qualifications | UW Qualifications - UW – Exception needed | GUIDELINE EXCEPTION X EXCEPTION APPROVAL TO USE APP'S INCOME WITH LESS THAN X MONTHS WITH CURRENT EMPLOYER, CUSTOMER HAS STARTED XX/XX/XX, HAS X YRS HISTORY W/ NO GAPS. | COMPENSATING FACTORS: (X) FICO IS AT XXX, NO REQUIRED FICO. (X) APPRAISAL VALUE CAME IN HIGHER THAN THE PURCHASE PRICE. (X) DTI @ XX.XX%, MAX IS XX%. (X) XX.XX MONTHS RESERVES, X MONTHS REQUIRED. Approved by Team/UW Manager | XXX | XXX | B | 2 | XXX | XXX | 1 | 1 | C | B | C | B | A | A | C | A | Non-QM | 1 | |||||||
| 1307140 | 2023010775 | 6308111 | 851 | XXX | Credit | UW Qualifications | UW Qualifications - UW – Exception needed | GUIDELINE EXCEPTION X TO USE CONSULAR ID IN LIEU OF PASSPORT. BORROWER AS AN ITIN CANNOT PROVIDE UNEXPIRED PASSPORT VERIFIED WITH TITLE THAT THEY'LL ACCEPT CONSULAR ID. | COMPENSATING FACTORS: (X) FICO IS AT XXX, NO REQUIRED FICO. (X) APPRAISAL VALUE CAME IN HIGHER THAN THE PURCHASE PRICE. (X) DTI @ XX.XX%, MAX IS XX%. (X) XX.XX MONTHS RESERVES, X MONTHS REQUIRED. Approved by Team/UW Manager | XXX | XXX | B | 2 | XXX | XXX | 1 | 1 | C | B | C | B | A | A | C | A | Non-QM | 1 | |||||||
| 1307140 | 2023010775 | 6308113 | 851 | XXX | Credit | UW Qualifications | UW Qualifications - UW – Exception needed | GUIDELINE EXCEPTION X EXCEPTION APPROVAL REQUIRED TO USE RENT RECEIPTS IN LIEU TO CANCELLED CHECKS FOR XX MOS. MTG HISTORY, CUSTOMER IS PAYING THE RENT IN CASH, VOR IN FILE. | COMPENSATING FACTORS: (X) FICO IS AT XXX, NO REQUIRED FICO. (X) APPRAISAL VALUE CAME IN HIGHER THAN THE PURCHASE PRICE. (X) DTI @ XX.XX%, MAX IS XX%. (X) XX.XX MONTHS RESERVES, X MONTHS REQUIRED. Approved by Team/UW Manager | XXX | XXX | B | 2 | XXX | XXX | 1 | 1 | C | B | C | B | A | A | C | A | Non-QM | 1 | |||||||
| 1307152 | 2023010779 | 6306303 | 323 | XXX | Credit | UW Credit | UW Credit - UW - Credit Requirements for Program | Minimum residual income of $XXX required for DTI over XX%. Current residual income is $XXX.XX and DTI is XX.XX%. | Exception granted due to compensating factors: FICO is XXX and min is XXX and reserves of XX+ | XXX | XXX | B | 2 | XXX | XXX | 1 | 1 | C | B | C | B | A | A | C | A | Non-QM | 1 | |||||||
| 1366845 | 2023010773 | 6723005 | 330 | XXX | Credit | UW Credit | UW Credit - UW - Credit Other | File does not contain a Fraud Guard. | Received | Reviewer XXX XX:XX AM; Received Fraud Report. However, all loan participants must be run through all watchlists. Please provide the Fraud report with the following added. Appraiser xxxx, Appraisal Company xxxx; Associates Reviewer XXX XX:XX PM; Received Fraud Report.Appraiser xxxx, Appraisal Company xxxx; Associates still required Reviewer XXX XX:XX PM; Received Fraud Report X.XX.XX. Appraiser xxxx, Appraisal Company xxxx; Associates still required |
XXX | XXX | A | 1 | XXX | XXX | 1 | 13 | A | A | A | A | A | A | A | A | Non-QM | 1 | ||||||
| 1307129 | 2023010777 | 6615561 | 326 | XXX | Credit | UW Credit | UW Credit - UW - Evidence Satisfaction of Debt | missing verification that open mortgage for $XXXX dated XXX has been paid and cleared of record | Received | XXX | XXX | A | 1 | XXX | XXX | 1 | 13 | C | A | C | A | A | A | A | A | Non-QM | 1 | |||||||
| 1312322 | 2023010782 | 6331411 | 323 | XXX | Credit | UW Credit | UW Credit - UW - Credit Requirements for Program | Exception requested for LTV exceeding max allowed of XX%. Current LTV is XX.XX% | Exception granted due to compensating factor of FICO is XXX; low DTI of XX% and max is XX%; XX.XX months reserves | XXX | XXX | B | 2 | XXX | XXX | 1 | 3 | C | B | C | B | A | A | C | A | QM Rebuttable Presumption | 1 | |||||||
| 1316703 | 2023010783 | 6357212 | 187 | XXX | Credit | Flood Certificate | Flood Certificate - is missing. | Missing Flood Cert | Information provided | XXX | XXX | A | 1 | XXX | XXX | 1 | 13 | C | A | C | A | A | A | C | A | Non-QM | 1 | |||||||
| 1343173 | 2023010785 | 6610759 | 330 | XXX | Credit | UW Credit | UW Credit - UW - Credit Other | -(X)-Purchase of Xnd home with an ann on rate of X.XX. Per guidelines, Only primary residence is allowed under ITIM-XXBS Program. -(X)- Property is located in Rural. Zoning description is SFR, No Income producing activity. -(X)-Expiration of income document (XX P&L) on X/X/XXX. Most recent bank statement in file will expire on X/X/XXX with consistent income deposit. | Approved | XXX | XXX | B | 2 | XXX | XXX | 2 | 1 | C | B | C | B | A | A | A | A | Non-QM | 1 | |||||||
| 1343173 | 2023010785 | 6613781 | 851 | XXX | Credit | UW Qualifications | UW Qualifications - UW – Exception needed | (X)-Purchase of Xnd home with an add on rate of X.XX. Per guidelines, Only primary residence is allowed under ITIN-XXBS Program. -(X)- Property is located in Rural. Zoning description is SFR, No Income producing activity. -(X)-Expiration of income document (XX P&L) on X/X/XXX. Most recent bank statement in file that will expire on X/X/XXX with consistent income deposit. | Compensating Factors: Low DTI of XX.XX% - Low LTV of XX.XX%. Max is XX% - Reserves of XXX months – Fico of XXX, minimum is XXX | XXX | XXX | B | 2 | XXX | XXX | 2 | 1 | C | B | C | B | A | A | A | A | Non-QM | 1 | |||||||
| 1411157 | 2023010788 | 6877832 | 330 | XXX | Credit | UW Credit | UW Credit - UW - Credit Other | Borrower's do not meet required XX months seasoning on loan modification closed XX/XXX (X years and X months) | The exception for seasoning since loan modification was granted with the following compensating factors: FICO score is XX points higher than the minimum required XXX Residual income is $XXX.XX above the required minimum $XXX. Benefit to borrower: Home Improvement. | XXX | XXX | B | 2 | XXX | XXX | 1 | 13 | C | B | C | B | A | A | A | A | Non-QM | 1 | |||||||
| 1411163 | 2023010789 | 6879395 | 959 | XXX | Credit | Closing Package | Closing Package - IEADS Initial Escrow Account Disclosure Missing or Incorrect | Please provide IEADS executed by borrower with the same escrows as per post consummation CD provided dated XXX. | XXX | XXX | B | 2 | XXX | XXX | 1 | 1 | C | B | C | B | A | A | A | A | Non-QM | 1 | ||||||||
| 1411163 | 2023010789 | 6879649 | 851 | XXX | Credit | UW Qualifications | UW Qualifications - UW – Exception needed | MAX LTV OF XX% AND DTI OF XX% SINCE BORROWER, BY DEFINITION, IS NOT CONSIDERED FTHB - EVEN IF LIVING RENT-FREE (>X MONTHS DUE TO EXTENDED TIME LOOKING FOR PRIMARY RESIDENCE TO PURCHASE AND MOVE INTO) AFTER SELLING PREVIOUS RESIDENCE. | COMPENSATING FACTORS: (X) CUSTOMER HAS ENOUGH FUNDS FOR CLOSING COST AND RESERVES, XX.XX months. (X) FICO of XXX. (X) DTI of XX.XXX%. | XXX | XXX | B | 2 | XXX | XXX | 1 | 1 | C | B | C | B | A | A | A | A | Non-QM | 1 | |||||||
| 1411163 | 2023010789 | 6879650 | 851 | XXX | Credit | UW Qualifications | UW Qualifications - UW – Exception needed | CURRENT RESIDUAL INCOME OF $X,XXX.XX IS NOT MEETING THE REQUIRED RESIDUAL INCOME OF $X,XXX. DISCOVERY DATE X/XX/XX. | COMPENSATING FACTORS: (X) CUSTOMER HAS ENOUGH FUNDS FOR CLOSING COST AND RESERVES, XX.XX months. (X) FICO of XXX. (X) DTI of XX.XXX%. | XXX | XXX | B | 2 | XXX | XXX | 1 | 1 | C | B | C | B | A | A | A | A | Non-QM | 1 | |||||||
| 1413253 | 2023010786 | 6881866 | 902 | XXX | Compliance | Compliance | Compliance - Pending internal completion of TRID compliance review for disclosure timing and or fee tolerance comparisons. Additional conditions may apply. | Information provided | XXX | XXX | A | 1 | XXX | XXX | 1 | 13 | C | B | C | B | C | A | A | B | Non-QM | 1 | ||||||||
| 1413253 | 2023010786 | 6881867 | 973 | XXX | Compliance | Compliance | Compliance - CD- Other | On the final LE (X/X) it reflects a estimated cash to close to the borrower of $XXX, however, the final CD (X/XX), at the bottom of page X, under Calculating cash to close, reflects $XXX in the LE section. Please provide a PCCD reflecting the correct amount of $XXX in the LE section of the Calculating Cash to Close. | Information provided | XXX | XXX | A | 1 | XXX | XXX | 1 | 13 | C | B | C | B | C | A | A | B | Non-QM | 1 | |||||||
| 1349311 | 2023010797 | 6643097 | 323 | XXX | Credit | UW Credit | UW Credit - UW - Credit Requirements for Program | Exception requested for foreign national not meeting credit tradeline requirements. | Exception granted due to compensating factors: LTV is XX% and max is XX%; borrower acquired subject property in XXX; an experience investor with good payment history; subject property is located in Urban area and built up over XX%; property value growth is stable. | XXX | XXX | B | 2 | XXX | XXX | 3 | 13 | C | B | C | B | N/A | N/A | A | A | Exempt | 1 | |||||||
| 1411161 | 2023010791 | 6883443 | 1015 | XXX | Credit | UW Income/Employment | UW Income/Employment - UW - IRS Transcripts required | Missing Tax transcripts from XXX and XXX for XXX's. | Documentation has been received. | Reviewer XXX XX:XX AM; The XXX's were received. did not receive the XXX and XXX Tax transcripts | XXX | XXX | A | 1 | XXX | XXX | 1 | 1 | C | B | C | B | A | A | A | A | Non-QM | 1 | ||||||
| 1411161 | 2023010791 | 6883445 | 330 | XXX | Credit | UW Credit | UW Credit - UW - Credit Other | The borrower does not have an unexpired passport from the country of origin, but has a Consular ID. | The exception for missing passport and use of a Consular ID was granted with the following compensating factors: LTV is XX.XXX% maximum allowed up to XX% and credit score is XXX, no FICO score is required. | XXX | XXX | B | 2 | XXX | XXX | 1 | 1 | C | B | C | B | A | A | A | A | Non-QM | 1 | |||||||
| 1411161 | 2023010791 | 6883446 | 336 | XXX | Credit | UW Income/Employment | UW Income/Employment - UW - Income Other | The required residual income is needed is $XXX with X dependents and borrowers residual income is only $XXX.XX. | The exception for lack of residual income was granted with the following compensating factors: LTV is XX.XXX% maximum allowed up to XX% and credit score is XXX, no FICO score is required. | XXX | XXX | B | 2 | XXX | XXX | 1 | 1 | C | B | C | B | A | A | A | A | Non-QM | 1 | |||||||
| 1411941 | 2023010792 | 6884279 | 330 | XXX | Credit | UW Credit | UW Credit - UW - Credit Other | Exception Allow XX% LTV when Max is XX% since X-unit property. | Compensating Factors: Good credit and FICO score of XXX, Refinance C/O transaction, assets not required. Cash Out amount is more than enough to cover closing cost and reserves. | XXX | XXX | B | 2 | XXX | XXX | 3 | 13 | C | B | C | B | N/A | N/A | A | A | Exempt | 1 | |||||||
| 1411941 | 2023010792 | 6884282 | 330 | XXX | Credit | UW Credit | UW Credit - UW - Credit Other | Exception Allow Max LTV of XX%; DSCR ratio X.XX; when Max LTV of XX% for <X.X DSCR ratio cash out refinance with FICO score of XXX + per guide. | Compensating Factors: Good credit and FICO score of XXX, Refinance C/O transaction, assets not required. Cash Out amount is more than enough to cover closing cost and reserves. | XXX | XXX | B | 2 | XXX | XXX | 3 | 13 | C | B | C | B | N/A | N/A | A | A | Exempt | 1 | |||||||
| 1413253 | 2023010786 | 6887096 | 330 | XXX | Credit | UW Credit | UW Credit - UW - Credit Other | Exception approved for lack of XX-month housing history for Heloc. | XX-month housing history is not available for the Heloc under collection. Payoff demand is in file and debt will be paid off with this transaction. with X% reduction to LTV/CLTV, allow to keep at XX%. Compensating factor: Cash-out is more than enough to cover required X-month reserves. | XXX | XXX | B | 2 | XXX | XXX | 1 | 13 | C | B | C | B | C | A | A | B | Non-QM | 1 | |||||||
| 1413253 | 2023010786 | 6887098 | 272 | XXX | Valuation | UW Collateral | UW Collateral - UW - Appraisal Other | Exception approved for appraisal expiration within XX days from ECD. | Transfer appraisal report is greater than XX days upon submission and expiration is within XX days from ECD. Expiration date of X/XX/XXX with ECD of X/XX/XXX. Compensating factor: Cash-out is more than enough to cover required X-month reserves. | XXX | XXX | B | 2 | XXX | XXX | 1 | 13 | C | B | C | B | C | A | A | B | Non-QM | 1 |