EX-99.12 77 ea025949101_ex99-12sch3.htm SCHEDULE 3 - CONDITIONS DETAIL

Exhibit 99.12 Schedule 3

| Client Name: | New Residential Investment Corp |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Client Project Name: | NRMLT 2025-NQM5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Start - End Dates: | 5/6/2024 - 6/5/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Deal Loan Count: | 118 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Conditions Report 2.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loans in Report: | 118 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loans with Conditions: | 77 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
ASF Loan Number | 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 | ConditionSub Category | Condition Status | Initial Securitization Condition Grade | Final Securitization Condition Grade | Initial S&P Condition Grade | Final S&P Condition Grade | Condition Code | Condition Description | Condition Material Indicator | Initial Comments | Client/Seller Response Comments | Conclusion Comments | TRID Error Type | Cure Method | Compensating Factors | Full Diligence ID
400081399 | XXX | XX | FL | 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 | FEMA | Active | B | B | B | B | PRVAFEMA856 | Natural Disaster Area, no subsequent inspection (Public) | No | Provide the Post Disaster Inspection for Hurricane XX. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 11.83 months PITIA is 5.83 months greater than the 6 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 723 is 63 points above the 660 FICO required for the program. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI (Back) of 36.43% is 13.57% below the 50% allowed for the program. | 9F01A4FC-8292-4A53-9825-F6B5C471E505
400060672 | XXX | XX | CA | QM: Safe Harbor (APOR) | QM: Rebuttable Presumption (APOR) | C | B | B | B | A | A | C | A | C | B | B | 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 | Client declared QM Safe Harbor (APOR); Clayton status is Rebuttable Presumption APOR based on Benchmark Date 4/XX/2024; loan has Test APR of 8.418%; the Benchmark Rate is 6.860%; Variance 1.558%;maximum allowed is 1.5000%. | 5.7.24 Client response; We accept the determination on this and please clear the exception.5.7.24 Clayton memo; exception satisfied; However, a level 2 exception will remain on file as Lender changed their status determination based upon Claytons review. | 5.7.24 Clayton memo; exception satisfied | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has 8 years in the same profession CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 751 credit score; 660 minimum required score | D77D6120-94A5-47E5-BEB5-C5BB71FF1ADA
400060672 | XXX | XX | CA | QM: Safe Harbor (APOR) | QM: Rebuttable Presumption (APOR) | C | B | B | B | A | A | C | A | C | B | B | B | A | A | C | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA2698 | RESPA - List of homeowners counseling organizations not in file | No | Provide List of homeowners counseling organizations issued within 3 business days of application. | 5.7.24-Client provided Homeowner list issued 4/xx/24. Exception satisfied. | 5.7.24-Exception satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has 8 years in the same profession CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 751 credit score; 660 minimum required score | D77D6120-94A5-47E5-BEB5-C5BB71FF1ADA
400060672 | XXX | XX | CA | QM: Safe Harbor (APOR) | QM: Rebuttable Presumption (APOR) | C | B | B | B | A | A | C | A | C | B | B | B | A | A | C | A | Credit | Ability to Repay/Qualified Mortgage | Active | B | B | B | B | CRDATRQM5170 | TILA - ATR/QM: Lender changed their status determination based upon Clayton's review | No | Client agreed to QM rebuttable APOR status based upon Clayton review. | (No Data) | (No Data) | Not Applicable | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has 8 years in the same profession CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 751 credit score; 660 minimum required score | D77D6120-94A5-47E5-BEB5-C5BB71FF1ADA
400060667 | XXX | XX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Assets: $56,676.57 post close reserves, 10.90 month PITIA. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 760 exceeds 660 requirement CFCFS1736: Significant time at current residence - Clayton Comments: 8 years at current residence CFCFS1744: DTI below guideline requirement - Clayton Comments: 45.99% below 55% requirement | 5432A0B8-691B-480C-8A0E-44B22231E905
400081400 | XXX | XX | CT | 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 close reserves are $52,687.32, or 15.48 months. 6 months required. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 80% is below guideline maximum of 90% for an Alt Doc purchase with a 702 credit core CFCFS1734: Borrower has significant time at current job - Clayton Comments: Per state registration borrower has been in business since 7/13/2017. | F0A341DC-753A-4FE1-B46D-38B6F6585AFB
400084615 | XXX | XX | 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 | Credit/Mtg History | Active | B | B | B | B | CRDCRMH193 | Length of mortgage/rental history in file does not meet guideline requirement | No | Provide 12 months housing history. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: Maximum DTI 50%, current DTI 26.71% CFCFS2860: Good credit history - Clayton Comments: Borrower has no history of late payments CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 6 months reserves required , borrower has 12.81 months | F7951D73-6CC4-45D1-BDF3-07F758CFFCE3
400098172 | XXX | XX | MA | (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: 60% LTV; max 80%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $417646.21 reserves from cash out; $0 reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 787 qual score; min 620. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 38mo. 0X30 mortgage payment history; 0x30x12 required. | C4889937-684C-4739-93D9-B84B6F702D9C
2000046668 | XXX | XX | HI | 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 8 years 1 month at current job. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 13 months PITIA is 7 months greater than the 6 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 746 is 86 points above the 660 FICO required for the program. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 19.18% is 30.82% below the 50% allowed for the program. | BE574BF1-D520-439D-A9E2-F4E97CB0CBB5
400097191 | XXX | XX | 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 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS2860: Good credit history - Clayton Comments: Demonstrates Good Credit History CFCFS1739: Postive mortgage payment history - Clayton Comments: 73+ Months positive pay history CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 107+ Months positive Consumer Pay History | 4B3DA186-5758-43F8-B3AE-D5C69CE6841D
400097168 | XXX | XX | FL | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | N/A | N/A | C | B | C | B | A | A | N/A | N/A | Credit | LTV/CLTV | Active | C | B | C | B | CRDLTV3026 | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | Guidelines for Foreign Nationals only allow the LTV to 70% for Cash-Out Refinances. Loan to value is 75%. | 3.xx.2025-Upon further review Clayton deems this non-material due to the following compensating factors borrowers is a seasoned investor, 5 years at current residence, 9.61 months in reserves. | 3.05.2025-Clayton deems this non-material. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves are $30,202.77, or 9.61 months. 6 months required. CFCFS2860: Good credit history - Clayton Comments: Per credit reference letter from Banco Davivienda borrower has been in good standing since 7/6/2012. CFCFS1736: Significant time at current residence - Clayton Comments: In residence 5 years | 5799276D-DA1F-48BD-AD86-90A11DDB16D8
400098131 | XXX | XX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $181,063.89 or 33.63 months PITI reserves; guidelines require 6 months reserves. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has 10 years in the same profession CFCFS1744: DTI below guideline requirement - Clayton Comments: 30.50% DTI; 50% maximum DTI | A41F2E28-C3D9-4DE0-B1C8-9B1A929C5369
400098132 | XXX | XX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 724 qualifying score exceeds 660 requirements CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has owned primary / current residence for 5 years CFCFS1737: LTV below guideline requirements - Clayton Comments: 63.83% LTV < guideline maximum of 80% | 5EDC67BC-7E8C-4D96-B36A-A75026F42D06
400097215 | XXX | XX | VA | (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 | Application | Satisfied | D | A | D | A | CRDAPP3822 | Missing or incomplete documentation related to citizenship/residency | No | Permanent Resident Card in file is Expired | 3.xx.2025 Client responded - I-90 form uploaded, permanent resident card has is valid. Please clear condition.3.xx.2025 Client provided the form I-90 request replacement of Permanent Resident card. Exception satisfied . | 3.12.2025 Exception satisfied | (No Data) | Not Applicable | CFCFS2860: Good credit history - Clayton Comments: Good Credit History CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 16 Months Reserves CFCFS1739: Postive mortgage payment history - Clayton Comments: 64+ Months positive Mortgage History | 577A1F58-D9E1-49F2-A45F-CC3E8F99F3CD
400097215 | XXX | XX | VA | (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 | CRDTER3122 | Loan documents do not meet guideline requirements | No | Missing Cash Out Letter | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS2860: Good credit history - Clayton Comments: Good Credit History CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 16 Months Reserves CFCFS1739: Postive mortgage payment history - Clayton Comments: 64+ Months positive Mortgage History | 577A1F58-D9E1-49F2-A45F-CC3E8F99F3CD
400097048 | XXX | XX | VA | (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 | Application | Satisfied | C | A | C | A | CRDAPP4625 | The orig file does not contain a third party fraud report | No | Missing complete Dataverify report. Missing OFAC and Watchlist verifications. | 3.xx.2025 Client responded -Fraud report has been uploaded, please clear condition.3.xx.2025 Client provided the Data Verify report for Guarantor. Exception satisfied | 3.10.2025 Exception satisfied | Not Applicable | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 75% is below the maximum of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 727 exceeds the minimum of 680 CFCFS1746: Significant housing expense reduction - Clayton Comments: Subject property Payment reduced by $3893.77 or 79.13% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash Back $28561.89, 27.81 months reserves, 6 months required | 140F6E01-E50C-452C-9801-B88EC02907E1
400097048 | XXX | XX | VA | (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 | Application | Satisfied | D | A | D | A | CRDAPP3822 | Missing or incomplete documentation related to citizenship/residency | No | Provide a current Resident Alien card. One provided expired 10/XX/24. | 3.xx.2025 Client responded -I-90 form uploaded, permanent resident card is valid. Please clear condition.3.xx.2025 Client provided I-90 Form to replace Permanent Resident Card. Exception satisfied | 3.12.2025 Exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 75% is below the maximum of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 727 exceeds the minimum of 680 CFCFS1746: Significant housing expense reduction - Clayton Comments: Subject property Payment reduced by $3893.77 or 79.13% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash Back $28561.89, 27.81 months reserves, 6 months required | 140F6E01-E50C-452C-9801-B88EC02907E1
400097048 | XXX | XX | VA | (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 documentation December payment made for xx, primary residence mortgage. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 75% is below the maximum of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 727 exceeds the minimum of 680 CFCFS1746: Significant housing expense reduction - Clayton Comments: Subject property Payment reduced by $3893.77 or 79.13% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash Back $28561.89, 27.81 months reserves, 6 months required | 140F6E01-E50C-452C-9801-B88EC02907E1
400097048 | XXX | XX | VA | (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 | Clarification on the correct lot #s that have been secured. Per title, the subject lot numbers are 12A & 12 B however Deed of Trust legal description states lots 13A and 13B are secured to subject transaction. | 3.xx.25 The correct lots are 12A and 12B, copy of the recorded Deed of Trust showing the correct lots has been uploaded.3.xx.25 exception satisfied | 3.11.25 exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 75% is below the maximum of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 727 exceeds the minimum of 680 CFCFS1746: Significant housing expense reduction - Clayton Comments: Subject property Payment reduced by $3893.77 or 79.13% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash Back $28561.89, 27.81 months reserves, 6 months required | 140F6E01-E50C-452C-9801-B88EC02907E1
400097050 | XXX | XX | VA | (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 | CRDAPP3822 | Missing or incomplete documentation related to citizenship/residency | No | Permanent Resident Card Expired. | 3.xx.2025 Client responded - I-90 form uploaded, permanent resident card is valid. Please clear condition.3.xx.2025 Client provided the I90 form requesting replacement of Permanent Resident Card. Exception satisfied | 3.12.2025 Exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 27 Months Reserves CFCFS1739: Postive mortgage payment history - Clayton Comments: 64+ Months positive Mortgage History CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 125+ Months reporting positive | 30D388F6-8E0F-4565-BDFC-7175DD6113D7
400097050 | XXX | XX | VA | (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 Cash Out Letter | 3.xx.2025 Client responded - Cash out letter has been uploaded, please clear condition.3.xx.2025 Client provided LOE for cash out. Exception satisfied | 3.12.2025 Exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 27 Months Reserves CFCFS1739: Postive mortgage payment history - Clayton Comments: 64+ Months positive Mortgage History CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 125+ Months reporting positive | 30D388F6-8E0F-4565-BDFC-7175DD6113D7
400098160 | XXX | XX | 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 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Verified 788 median FICO. Minimum required 640. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: No reserves required for <=65% LTV. Verified $295,717.87 reserves with cash out proceeds. CFCFS1744: DTI below guideline requirement - Clayton Comments: Verified 14.90% DTI. Max allowed 43%. | 423ACFB5-B56B-40C0-A72A-1FB395CC10C8
400098137 | XXX | XX | 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: Borrower has 9 years at current residence. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI (Back) of 21.14% is 28.86% below the 50% allowed for the program. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 7 years 10 months at current job. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 14 months PITIA is 8 months greater than the 6 months reserves required. | 1EE7BCA0-95C2-44B1-9BE1-E3FD6AF2922A
400098209 | XXX | XX | TX | (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 Hazard Insurance in file. | 3.xx.25 please find the haz ins.3.xx.25 exception satisfied | 3.12.25 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has 5 years at current residence. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 57.38% is 22.62% below the 80% LTV allowed for the program. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 42 months PITIA vs 0 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 809 is 189 points above the 620 FICO required for the program. | AB63C2A5-8108-4652-A7AE-7C402260C991
400097186 | XXX | XX | NC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS2860: Good credit history - Clayton Comments: Good Credit History CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 12 Months Reserves CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 25+ Months Consumer Credit reporting | BB9A4D23-E82B-4607-B9BC-FE8DAAF3AC2A
400098141 | XXX | XX | HI | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Documentation | Satisfied | D | A | D | A | CMPDOC806 | Notary Status is missing | No | Mortgage is missing Notary signature, information and date. | 3.xx.25 A copy of the executed mortgage with the legal description has been uploaded3.xx.25 exception satisfied | 3.11.25 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has owned primary / current residence for 10+ years CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 709 qualifying score exceeds 660 requirements CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $299,652.67 reserves in file or 20.65 months PITI > required guidelines | 7BCFAE09-B8F1-4FC4-9209-63A0C81F59A5
400098141 | XXX | XX | HI | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | A | A | D | A | D | A | A | A | A | A | D | A | Compliance | Documentation | Satisfied | D | A | D | A | CMPDOC869 | Mortgage not signed | No | Mortgage is missing Borrower signature | 3.xx.25 A copy of the executed mortgage with the legal description has been uploaded3.xx.25 exception satisfied | 3.11.25 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has owned primary / current residence for 10+ years CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 709 qualifying score exceeds 660 requirements CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $299,652.67 reserves in file or 20.65 months PITI > required guidelines | 7BCFAE09-B8F1-4FC4-9209-63A0C81F59A5
400098212 | XXX | XX | 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 | Please provide Final HUD-1. | 3.xx.2025-Client's response: March 5th 2025, 2:21:25 pmFinal settlement statement has been uploaded, please clear condition.3.xx.2025-Clayton's response: Received the Final HUD1, exception satisfied. | 3.06.2025-Exception satisified. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 729 exceeds the minimum of 680 CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 75% is below the maximum of 80% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash Reserves $99193.52, 47.53 months reserves, 6 months required CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 99 months reviewed for primary residence mtg exceeds the 12 months required | 0D8B5E03-67F0-4B97-92FC-0360543561C2
400098214 | XXX | XX | GA | (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: 14 Months Reserves CFCFS2860: Good credit history - Clayton Comments: Demonstrates Excellent Credit History CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 167+ Months reporting positive | B513235C-5A9B-4638-9AF1-F14487A69807
2000048522 | XXX | XX | CA | (No Data) | ATR/QM: Exempt | D | B | B | B | D | A | A | A | D | B | B | B | D | A | A | A | Credit | Credit/Mtg History | Active | B | B | B | B | CRDCRMH104 | Credit score below guidelines | No | Credit score of 622 is below the minimum credit score of 700 when borrower has 1x30 mortgage late pay in the last 12 months.Clayton deems this non-material due to compensating factors of LTV is 24.71 % with DSCR at 1.0573. | (No Data) | Exception has been deemed non-material and re-graded to a B. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 32 months PITIA vs 0 months reserves required. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 27.45% is 42.55% below the 70% LTV allowed for the program. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has 5 years at current residence. | F561A39C-B770-41D5-B333-1085BFA46848
2000048522 | XXX | XX | CA | (No Data) | ATR/QM: Exempt | D | B | B | B | D | A | A | A | D | B | B | B | D | A | A | A | Property Valuations | Property | Satisfied | D | A | D | A | PRVAPROP132 | Missing HOA Certificate/Questionnaire | No | Missing Condo HOA Certificate/Questionnaire in file. | 5.xx.25 HOA questionnaire has been provided,5.xx.25 exception satisfied | 5.30.25 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 32 months PITIA vs 0 months reserves required. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 27.45% is 42.55% below the 70% LTV allowed for the program. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has 5 years at current residence. | F561A39C-B770-41D5-B333-1085BFA46848
400098224 | XXX | XX | 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: 651 credit score; 620 minimum required score CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Credit reflects 0x30x22 mortgage payment history CFCFS1737: LTV below guideline requirements - Clayton Comments: 33.65% LTV; 70% maximum LTV CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $206,998.14 post close reserves, 61.76 months PITIA; 0 required reserves | F1EFA461-8B62-49F4-AFD1-75DD15764AE5
400098227 | XXX | XX | AZ | (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 | Please provide Final HUD-1 | 3.xx.25 Final settlement statement has been provided3.xx.25 exception satisfied | 3.12.25 exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 76.50% LTV; max 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 751 qual score; min 720. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Assets: $98,340.45 reserves from cash out; $1084.89*6= $6509.34 reserves required. | B2F5DA69-0267-47C3-BE02-BAC8BEE5CD55
400098165 | XXX | XX | FL | 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 | CRDCRMH117 | Length of credit history in file does not meet guideline requirement | No | Per guides; All collections and charge-offs must be paid except the following: Medical collections Collections and charge-offs over two years old.All collections less than 24 months old were not paid as required by guidelines. Clayton deems exception non fatal to the lending decision. Cop factors include 11.89% LTV. 53 months PITIA reserves. FICO 658 exceeds 620 requirement. DTI = 48.27% below 55% requirement. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 78+ Months reporting CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 12% below 75% requirement. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 53 Months Reserves | DBC3CD33-6C99-4835-944C-70266EDDDE53
2000048932 | XXX | XX | OK | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 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 | CRDCRMH119 | Consumer lates exceed guidelines | No | Borrowers credit history has 4 x 30 for the past 24 months, which is greater than guideline requirements. Note: accounts were paid off with loan | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has owned primary / current residence for 28 years CFCFS2854: Significant time in profession - Clayton Comments: Borrowers have stable employment being self-employed with same company for the past 10+ years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $6,169.13 reserves in file or 4.06 months PITI > required guidelines | 1CDF34BF-2CCF-4B9C-B201-ECCEB5EC8763
2000048932 | XXX | XX | OK | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | B | B | C | A | A | A | C | B | B | B | C | A | A | A | Property Valuations | FEMA | Satisfied | C | A | C | A | PRVAFEMA217 | Natural Disaster Area, no subsequent inspection (Individual) | No | No inspection since FEMA disaster declaration date 05.xx.2025; effective date 03.xx.2025 Individual Wildfires and straight line winds #XX | 6.4.25 PDI has been provided6.5.25 exception satisfied | 6.5.25 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has owned primary / current residence for 28 years CFCFS2854: Significant time in profession - Clayton Comments: Borrowers have stable employment being self-employed with same company for the past 10+ years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $6,169.13 reserves in file or 4.06 months PITI > required guidelines | 1CDF34BF-2CCF-4B9C-B201-ECCEB5EC8763
400098260 | XXX | XX | 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 | Please provide Final HUD-1 | 3.xx.2025-Client's response: March 21st 2025, 1:17:02 pmplease find final SS for review.3.xx.2025-Clayton's response: Received the Final HUD1, exception is satisfied. | 3.20.2025-Exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 12 Months Reserves CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 99+ Months reporting CFCFS1734: Borrower has significant time at current job - Clayton Comments: 20+ Years with Employer | 3D2EB779-E7D3-4DF6-80DE-2AEF7C4FFC42
400098242 | XXX | XX | AZ | (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: 32.26% LTV; max 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 770 qual score; min 620. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $194,435.15 reserves from cash out; $0 reserves required. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 42mo. 0X30 mortgage payment history; 0x30x12 required. | 294BA0C8-D026-4DB1-B2F7-C87504F8D398
400098148 | XXX | XX | 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 proof of receipt for LE issued 2/XX/2025, LE issued 2/XX/2025 and CD issued 2/XX/2025. | 3.xx.25-Client provided LE issued 2/21. 2/18 & CD issued 2/24. All e-signed on issue date. Satisfied. | 3.11.25- Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has owned his own business since 2012. CFCFS1736: Significant time at current residence - Clayton Comments: Residence owned Free & Clear and owned for 14 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrowers mid Credit score of 801 exceeds guidelines CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified 65.78 months reserves | B7A9D9B1-5C1D-4D3F-8BDE-073D1549094B
400098148 | XXX | XX | 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 | Please provide proof of receipt for LE issued 2/XX/2025, LE issued 2/XX/2025 and CD issued 2/XX/2025. | 3.xx.25-Client provided LE issued 2/21. 2/18 & CD issued 2/24. All e-signed on issue date. Satisfied. | 3.11.25- Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has owned his own business since 2012. CFCFS1736: Significant time at current residence - Clayton Comments: Residence owned Free & Clear and owned for 14 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrowers mid Credit score of 801 exceeds guidelines CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified 65.78 months reserves | B7A9D9B1-5C1D-4D3F-8BDE-073D1549094B
2000049381 | XXX | XX | 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 close reserves are $60,276.61, or 17.93 months. Reserves not required. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Per VOE borrower has been on job since 3/18/2019. CFCFS1736: Significant time at current residence - Clayton Comments: In residence 23 years. | 03E72500-EC0A-4DB3-8083-4FCF8EBEDA41
2000049388 | XXX | XX | 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 | Insurance | Satisfied | D | A | D | A | CRDINSR2400 | Missing Flood Certification Document | No | Missing Flood Cert for Subject Property. Flood Cert in file is for XX | 6.xx.2025-Client's response: June 2nd 2025, 5:01:30 pmcorrected flood cert.6.xx.2025-Clayton's response: Received the corrected Flood Cert; exception is satisfied. | 6.03.2025-Exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 226 Months Reserves CFCFS2860: Good credit history - Clayton Comments: Good Credit History CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 162+ Months reporting | 049FC095-EE03-4644-B7D3-A54E5FF0B765
2000049388 | XXX | XX | 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 | Provide Final HUD-1 | 6.xx.2025-Client's response: June 2nd 2025, 5:03:55 pmFINAL SS FOR REVIEW6.xx.2025-Clayton response: Received the final HUD1, exception is satisfied. | 6.03.2025-Exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 226 Months Reserves CFCFS2860: Good credit history - Clayton Comments: Good Credit History CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 162+ Months reporting | 049FC095-EE03-4644-B7D3-A54E5FF0B765
2000049508 | XXX | XX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1737: LTV below guideline requirements - Clayton Comments: 811 qualifying score exceeds 660 requirements CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $1,061,592.83 reserves in file or 312.75 months PITI > required guidelines CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has owned primary / current residence for 18 years | 688A7D63-DB9D-4111-A397-82E5C3E25948
2000049790 | XXX | XX | 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: File has 83.99 months in reserves. 6 months required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is 696, min is 660. CFCFS1739: Postive mortgage payment history - Clayton Comments: Mortgage payment history is 0x30. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 6 years. | ADAF949A-DC4B-46E8-BBDF-44B6171EA090
2000049854 | XXX | XX | IN | (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 | Missing value on Field Review; CU score 2.8 | 5.xx.25 Field review rcvd ;See item 10 states in their opinion the market value in the appraisal is accurate5.xx.25 exception satisfied | 5.30.25 exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 779 qualifying score exceeds 620 requirements CFCFS1737: LTV below guideline requirements - Clayton Comments: 75% LTV < guideline maximum of 80% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $79,507.34 reserves in file or 59.78 months PITI > required guidelines | 1794F1C0-F89E-4B6A-90A0-C4CA3EAAB819
2000050073 | XXX | XX | AZ | (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 | Please provide Final HUD-1. | 5.xx.25 please find the final SS5.527.25 exception satisfied | 5.527.25 exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 70.00% LTV < guideline maximum of 75.00% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $104,343.77 reserves in file or 61.80 months PITI > required guidelines CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has owned primary / current residence for 3 years. | 6D862482-E87A-418F-99F8-595708B8E36F
2000050191 | XXX | XX | 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 | DTI | Satisfied | D | A | D | A | CRDDTI2540 | Missing verification of some or all components of non-subject PITI | No | Missing documentation to support the monthly PITI payment for the 3 other investment properties owned. | 6.xx.2025-Client's response: June 2nd 2025, 5:21:14 pm3 loans are closed with XX, 2 have closed one is approved, documentation uploaded.6.xx.2025-Clayton's response: Provide the monthly payment for xx loan number xx. Exception remains.6.xx.2025 Client responded - please find the SREO loan number xx.xx.2025 Client provided the spreadsheet for all 4 of the XX loans for this borrower including the the subject property and three other property's closed by XX. Exception satisfied | 6.03.2025-Exception remains.6.19.2025 Exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 103 months PITIA is 97 months greater than the 6 months reserves required. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 36 years 8 month at current job. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 684 is 24 points above the 660 FICO required for the program. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 6.54% is 43.46% below the 50% allowed for the program. | 30078EED-D64C-475D-9FBE-6856915AAB6A
2000050191 | XXX | XX | 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 | Income/Employment | Satisfied | C | A | C | A | CRDINC888 | Income Amount is Unsupported by Documentation in File | No | Missing documentation to support the monthly rental income for the 3 other investment properties owned. | 6.3.2025-Client's response: June 2nd 2025, 5:39:56 pmAll properties are vacant because they were just built, so we used market rents for all 3 properties. The borrower has not been renting out the units yet since the Certificate of Occupancy was just issued, but we should be OK. We will allow a unit to be vacant if it's been recently built or rehabbed and use the market rents from the appraiser6.3.2025-Clayton's response: Received the Market Rents for the other properties; exception is satisfied. | 6.3.2025-Exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 103 months PITIA is 97 months greater than the 6 months reserves required. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 36 years 8 month at current job. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 684 is 24 points above the 660 FICO required for the program. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 6.54% is 43.46% below the 50% allowed for the program. | 30078EED-D64C-475D-9FBE-6856915AAB6A
2000050191 | XXX | XX | 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 | Provide final hud-1. | 6.xx.2025-Client's response: June 2nd 2025, 5:30:58 pmPlease find the final SS for review.6.xx.2025-Clayton's response: Received the HUD1, exception satisfied. | 6.03.2025-Exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 103 months PITIA is 97 months greater than the 6 months reserves required. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 36 years 8 month at current job. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 684 is 24 points above the 660 FICO required for the program. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 6.54% is 43.46% below the 50% allowed for the program. | 30078EED-D64C-475D-9FBE-6856915AAB6A
2000050197 | XXX | XX | WA | (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 | Provide 12 months canceled checks for the private mortgage to XX | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrowers have stable employment being self-employed with same company for the past 35+ years CFCFS1737: LTV below guideline requirements - Clayton Comments: 71.40% LTV < guideline maximum of 75% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $716,658.44 reserves in file or 218.54 months PITI > required guidelines | 6518AACB-9013-43B8-AA0E-38D155BB7B17
2000050306 | XXX | XX | CT | (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 | Application | Satisfied | C | A | C | A | CRDAPP2418 | Ownership history inaccurate / incomplete | No | Missing 24 month chain of title. Per title, XX appears to have taken title 9/XX/24. | 5.xx.2025 Client responded -Updated page 8 showing the 24 month chain of title has been provided, please clear condition.5.xx.2025 Client provided the 24 month chain of title.. Exception satisfied | 5.23.2025 Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 684 exceeds the minimum of 620 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash Back $315374.08, 28.64 months reserves, 6 months required CFCFS1750: High potential for increased earnings - Clayton Comments: DSCR: 1.2348 ($17000 x 80% = $13600 /Expenses $11013.54) CFCFS2860: Good credit history - Clayton Comments: 23% of revolving credit utilized | E4C5B3F0-3C34-4DD8-85AF-C35D092F4B1D
2000050306 | XXX | XX | CT | (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 verification of 7/XX/24 payment for primary residence mortgage with XX. Payment history provided does not evidence the 7/XX/24 payment | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 684 exceeds the minimum of 620 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash Back $315374.08, 28.64 months reserves, 6 months required CFCFS1750: High potential for increased earnings - Clayton Comments: DSCR: 1.2348 ($17000 x 80% = $13600 /Expenses $11013.54) CFCFS2860: Good credit history - Clayton Comments: 23% of revolving credit utilized | E4C5B3F0-3C34-4DD8-85AF-C35D092F4B1D
2000050306 | XXX | XX | CT | (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 | CRDINSR848 | Missing Hazard Insurance | No | Missing homeowners insurance declaration page supporting sufficient coverage, policy effective dates and premium. | 5.xx.2025 Client responded -HOI has been provided, please clear condition.5.xx.2025 Client provided an HOI. Exception satisfied | 5.23.2025 Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 684 exceeds the minimum of 620 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash Back $315374.08, 28.64 months reserves, 6 months required CFCFS1750: High potential for increased earnings - Clayton Comments: DSCR: 1.2348 ($17000 x 80% = $13600 /Expenses $11013.54) CFCFS2860: Good credit history - Clayton Comments: 23% of revolving credit utilized | E4C5B3F0-3C34-4DD8-85AF-C35D092F4B1D
2000050306 | XXX | XX | CT | (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 | CRDINSR865 | Missing proof of flood insurance in File | No | Missing flood insurance declaration page supporting sufficient coverage, policy effective dates and premium | 5.xx.2025 Client responded -Flood insurance document has been provided, please clear condition.5.xx.2025 Client provided the Flood Insurance Declaration. Exception satisfied | 5.23.2025 Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 684 exceeds the minimum of 620 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash Back $315374.08, 28.64 months reserves, 6 months required CFCFS1750: High potential for increased earnings - Clayton Comments: DSCR: 1.2348 ($17000 x 80% = $13600 /Expenses $11013.54) CFCFS2860: Good credit history - Clayton Comments: 23% of revolving credit utilized | E4C5B3F0-3C34-4DD8-85AF-C35D092F4B1D
2000050306 | XXX | XX | CT | (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 | CRDLGL1817 | Final HUD-1 is incomplete or illegible | No | Please provide all pages of final signed HUD1. Only have page 2 of the HUD-1 | 5.xx.2025 Client responded - Final settlement statement has been provided, please clear condition.5.xx.2025 Client provided the Final SS. xEception satisfied | 5.23.2025 Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 684 exceeds the minimum of 620 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash Back $315374.08, 28.64 months reserves, 6 months required CFCFS1750: High potential for increased earnings - Clayton Comments: DSCR: 1.2348 ($17000 x 80% = $13600 /Expenses $11013.54) CFCFS2860: Good credit history - Clayton Comments: 23% of revolving credit utilized | E4C5B3F0-3C34-4DD8-85AF-C35D092F4B1D
2000050306 | XXX | XX | CT | (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 | Please provide executed note and all applicable addendums. | 5.xx.2025 Client Responded -Executed Note with all addendums has been provided, please clear condition.5.xx.2025 Client provided the fully executed Note. Exception satisfied | 5.23.2025 Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 684 exceeds the minimum of 620 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash Back $315374.08, 28.64 months reserves, 6 months required CFCFS1750: High potential for increased earnings - Clayton Comments: DSCR: 1.2348 ($17000 x 80% = $13600 /Expenses $11013.54) CFCFS2860: Good credit history - Clayton Comments: 23% of revolving credit utilized | E4C5B3F0-3C34-4DD8-85AF-C35D092F4B1D
2000050339 | XXX | XX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | D | A | D | A | CMPATRQM3220 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status. | No | Missing Borrower #2 Income Documents...(Received only 2024 W2) | 6.9.25 Copy of the VOE, paystubs and correct 1003 have been provided,6.xx.25 exception satisfied | 6.10.25 exception satisfied | (No Data) | Not Applicable | CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 238+ Months reporting CFCFS2860: Good credit history - Clayton Comments: Good Credit History CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 24 Months Reserves | 0E97A3C3-ED0A-4A92-A311-FF280452F04F
2000050339 | XXX | XX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | 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 of LE issued 5/XX/25 & CD issued 5/XX/25. | 6.5.25-Client provided CD issued 5/xx/25 & LE 5/xx/25, both e-signed on date of issuance. Satisfied. | 6.5.25-. Satisfied. | (No Data) | Not Applicable | CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 238+ Months reporting CFCFS2860: Good credit history - Clayton Comments: Good Credit History CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 24 Months Reserves | 0E97A3C3-ED0A-4A92-A311-FF280452F04F
2000050339 | XXX | XX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | 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 of LE issued 5/XX/25 & CD issued 5/XX/25. | 6.5.25-Client provided CD issued 5/xx/25 & LE 5/xx/25, both e-signed on date of issuance. Satisfied. | 6.5.25- Satisfied. | (No Data) | Not Applicable | CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 238+ Months reporting CFCFS2860: Good credit history - Clayton Comments: Good Credit History CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 24 Months Reserves | 0E97A3C3-ED0A-4A92-A311-FF280452F04F
2000050339 | XXX | XX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | 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 | Provide proof of receipt of CD issued 5/XX/25. | 6.5.25-Client provided CD issued 5/xx/25, e-signed 5/xx/25. Satisfied. | 6.5.25-Satisfied. | (No Data) | Not Applicable | CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 238+ Months reporting CFCFS2860: Good credit history - Clayton Comments: Good Credit History CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 24 Months Reserves | 0E97A3C3-ED0A-4A92-A311-FF280452F04F
2000050339 | XXX | XX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC2302 | Missing Required Income Documentation | No | Missing Borrower #2 Income Documents...(Received only 2024 W2) | 6.9.25 Copy of the VOE, paystubs and correct 1003 have been provided,6.xx.25 exception satisfied | 6.10.25 exception satisfied | (No Data) | Not Applicable | CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 238+ Months reporting CFCFS2860: Good credit history - Clayton Comments: Good Credit History CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 24 Months Reserves | 0E97A3C3-ED0A-4A92-A311-FF280452F04F
2000050709 | XXX | XX | FL | 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 | PRVAAPPR3116 | Missing updated valuation | No | Missing third party valuation product in file. | 6.4.25 Appraisal desk review has been provided,6.4.25 exception satisfied | 6.4.25 exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 66.14% is 18.86% below the 85% LTV allowed for the program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 699 is 79 points above the 620 FICO required for the program. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 41.39% is 8.61% below the 50% allowed for the program. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 24 months PITIA vs 0 months reserves required. | B6E78ADB-B887-4BF3-9971-87E4371D4A3F
2000050983 | XXX | XX | MD | (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: 68.21% LTV < guideline maximum of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 698 qualifying score exceeds 620 requirements CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $87,671.99 reserves in file or 33.84 months PITI > required guidelines | EC96CB58-49C3-4DDA-B0EA-10463125DC2E
2000051247 | XXX | XX | 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 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 94+ Months reporting CFCFS2860: Good credit history - Clayton Comments: Good Credit History CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 19 Months Reserves | E942575C-15C5-4E35-8ADE-08F2453A5157
2000051265 | XXX | XX | TN | (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 | LTV/CLTV | Active | B | B | B | B | CRDLTV3026 | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | LTV of 75% is greater than the maximum LTV allowed of 70% qualifying off short term rents using Rental Rate Analysis. Clayton finds this to be non material, property is located in popular resort/entertainment area where short term rentals are popular in the marketplace, the borrower has excellent credit with score of 782 and has $358,276 reserves, 25 months. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has 18 years 11 months at current residence. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 25 months PITIA is 19 months greater than the 6 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 782 is 82 points above the 700 FICO required for the program. | 92A2A193-F51F-4F6B-B49F-2AE48FF20B36
2000051269 | XXX | XX | WA | (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 | Missing updated valuation to support original appraised value. | 5.xx.25 CU with a score of 1 has been provided5.xx.25 exception satisfied | 5.30.25 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves are $22,546.72, or 10.29 months. 6 months required. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 76.50% is below guideline maximum of 80% for an Alt Doc cash out refinance with a 735 credit score. CFCFS1736: Significant time at current residence - Clayton Comments: In residence 14 years. | D88140A8-30BE-4857-B932-209C75BF038A
2000051330 | XXX | XX | IL | (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 | Missing third party valuation. | 5.xx.25 Provided DVR which supports the appraisal value5.xx.25 exception satisfied | 5.29.25 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 270+ months reserves exceeds guidelines. CFCFS1736: Significant time at current residence - Clayton Comments: Guarantor has lived at current residence 11 years. CFCFS2860: Good credit history - Clayton Comments: Guarantor demonstrates good credit history. | 029D61C9-7A55-4044-B5F0-AEBFC3F87429
2000051493 | XXX | XX | IL | (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 | Missing third party valuation. | 5.xx.25 Provided the DVR which supports the appraisal value,5.xx.25 exception satisfied | 5.29.25 exception satisfied | (No Data) | Not Applicable | CFCFS1739: Positive mortgage payment history - Clayton Comments: Guarantor demonstrates positive mortgage payment history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 302+ months reserves exceeds guidelines. CFCFS1736: Significant time at current residence - Clayton Comments: Guarantor has lived at current residence 11+ years. | B9EF7281-FEF1-4CD5-8E80-FF9B3BFADAB6
2000051566 | XXX | XX | 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 | B | A | B | A | CRDCRMH124 | Collections, Liens, etc. not paid as required by guidelines | No | Per guidelines all collections less than 2 years need for be paid off at closing. Credit report shows 2 collection accounts totaling $2,812 dated 11/2024. No proof in file these were paid at closing. | 5.xx.25 collection accounts corrected.5.xx.25 exception satisfied - accounts paid in full. | 5.20.25 exception satisfied - accounts paid in full. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 5.3 years living at primary residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 660 qualifying credit score per CBR. CFCFS1734: Borrower has significant time at current job - Clayton Comments: 5.5 years employed with xx CFCFS1737: LTV below guideline requirements - Clayton Comments: 59.04% LTV per review; 80% LTV is maximum allowed per guidelines. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 227 months of 0x30 mortgage history per CBR. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 7.32 months of reserves in file. | F2C1D1FB-0349-461C-B666-66D3B2B2689D
2000051566 | XXX | XX | 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 | Please provide Final HUD-1 | 5.xx.25 please find the final SS5.xx.25 exception satisfied | 5.20.25 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 5.3 years living at primary residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 660 qualifying credit score per CBR. CFCFS1734: Borrower has significant time at current job - Clayton Comments: 5.5 years employed with xx CFCFS1737: LTV below guideline requirements - Clayton Comments: 59.04% LTV per review; 80% LTV is maximum allowed per guidelines. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 227 months of 0x30 mortgage history per CBR. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 7.32 months of reserves in file. | F2C1D1FB-0349-461C-B666-66D3B2B2689D
2000051582 | XXX | XX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | 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: 5.3 years employed with xx CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 24 months of 0x30 rental history per 24 month rental history printout. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 204.23 months of reserves in file. CFCFS1737: LTV below guideline requirements - Clayton Comments: 76.50% LTV per review; 80% LTV is maximum allowed per guidelines. | 87A8B878-0B80-41D6-AFAA-F3EAB02CFEC4
2000051643 | XXX | XX | 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 close reserves are $129,950.76, or 49.97 months. Reserves not required. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 54.95% is below guideline maximum of 80% for a DSCR Rate/Term refinance with a 790 credit score CFCFS1736: Significant time at current residence - Clayton Comments: In residence 26 years. | A64CD3E3-66B8-457C-86E6-D1227EDFFEE9
2000051651 | XXX | XX | NH | QM: Safe Harbor (APOR) | QM: Rebuttable Presumption (APOR) | D | B | B | B | D | A | C | A | D | B | B | B | D | 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 | Client declared QM Safe Harbor (APOR); Clayton status is QM Rebuttable Presumption (APOR) due to: Benchmark Date 5/XX/2025; loan has a Test APR of 8.466%; the Benchmark Rate was 6.880%; Variance 1.586%; max allowed is 1.5000%. | 5.xx.25 Client response; We accept the determination on this and please clear the exception.5.xx.25 Clayton memo; exception satisfied; However, a level 2 exception will remain on file as Lender changed their status determination based upon Claytons review. | 5.30.25 Clayton memo; exception satisfied; | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 15 months PITIA is 9 months greater than the 6 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 710 is 30 points above the 680 FICO required for the program. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 25.34% is 24.66% below the 50% allowed for the program. | 7DE88407-8B0B-4A38-84B8-78AD66483095
2000051651 | XXX | XX | NH | QM: Safe Harbor (APOR) | QM: Rebuttable Presumption (APOR) | D | B | B | B | D | A | C | A | D | B | B | B | D | A | C | A | Credit | Ability to Repay/Qualified Mortgage | Active | B | B | B | B | CRDATRQM5170 | TILA - ATR/QM: Lender changed their status determination based upon Clayton's review | No | Client agreed to QM rebuttable APOR status based upon Clayton review. | (No Data) | (No Data) | Not Applicable | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 15 months PITIA is 9 months greater than the 6 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 710 is 30 points above the 680 FICO required for the program. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 25.34% is 24.66% below the 50% allowed for the program. | 7DE88407-8B0B-4A38-84B8-78AD66483095
2000051651 | XXX | XX | NH | QM: Safe Harbor (APOR) | QM: Rebuttable Presumption (APOR) | D | B | B | B | D | A | C | A | D | B | B | B | D | A | C | 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 Rent in file. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 15 months PITIA is 9 months greater than the 6 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 710 is 30 points above the 680 FICO required for the program. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 25.34% is 24.66% below the 50% allowed for the program. | 7DE88407-8B0B-4A38-84B8-78AD66483095
2000051651 | XXX | XX | NH | QM: Safe Harbor (APOR) | QM: Rebuttable Presumption (APOR) | D | B | B | B | D | A | C | A | D | B | B | B | D | A | C | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR3116 | Missing updated valuation | No | Missing third party valuation product in file. | 5.xx.25 Provided the DVR which supports the appraisal value, 5.xx.25 exception satisfied | 5.29.25 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 15 months PITIA is 9 months greater than the 6 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 710 is 30 points above the 680 FICO required for the program. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 25.34% is 24.66% below the 50% allowed for the program. | 7DE88407-8B0B-4A38-84B8-78AD66483095
2000051891 | XXX | XX | CA | QM: Safe Harbor | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS2860: Good credit history - Clayton Comments: Demonstrates Good Credit History CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 68+ Months reporting positive CFCFS1734: Borrower has significant time at current job - Clayton Comments: 5+ Years | F9512DA2-3ADF-410C-9788-C0260EA515EA
2000051977 | XXX | XX | 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 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1737: LTV below guideline requirements - Clayton Comments: 75% LTV < guideline maximum of 80% CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has owned primary / current residence for 6 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $159,053.70 reserves in file or 57.14 months PITI > required guidelines | BCBB4A2B-3DD5-48F8-B7D1-0EB871F6C534
2000051995 | XXX | XX | 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 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Assets:Post close reserves are $45,048.38 or 17.23 months PITI, exceeding the 6 month guideline requirement. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 24.59 below guideline requirement CFCFS1737: LTV below guideline requirements - Clayton Comments: 80% below 85% requirement | 16625082-32B4-49D0-97B5-8395F4A17AAD
2000052001 | XXX | XX | 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 | Missing Final HUD-1 | 6.xx.25 Final settlement statement provided, please clear finding.6.xx.25 exception satisfied | 6.19.25 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Assets: Post close reserves are $778,414.19 or 261.84 months. Reserves not required. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 26.92% is below guideline maximum of 70% for a DSCR cash out refinance with a 675 credit score CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 675 exceeds guideline minimum of 620 for a DSCR cash out refinance at 26.92% LTV. | A628E67C-215A-42EC-8578-2DC6F52DBFD0
2000052033 | XXX | XX | MD | 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 | Borrower's Interest | Satisfied | C | A | C | A | CMPBI1183 | MD DLLR - NTB Worksheet not signed by borrower | No | Net Tangible Benefit worksheet not signed by borrower. | 6.xx.25-Client sent inital credit package. Documents included page 35 Net Tangible Benefit Worksheet , signed by borrower 4/xx/25. Satisfied. | 6.23.25- Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 20.7 years living at primary residence for B2. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 778 qualifying credit score per CBR. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 141 months of 0x30 consumer credit history per CBR. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 21 months of 0x30 mortgage history per CBR. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 9.21 months of reserves in file. | 2E797FB5-6EDC-4139-B74C-77E706EB24FE
2000052033 | XXX | XX | MD | 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 | CRDINC2408 | Income verification does not meet guidelines | No | Loan was approved as Full doc with 2 years verification required. Borrower 2 and 3 only have a SSI Award letter in file and B2 has a paystub, Missing 2023 and 2024 tax returns for both B2 and B3. | Client's response: May 28th 2025, 10:06:35 amPer GL for pension/SSI income, only need the award letter and most recent bank statement showing automatic deposit. Please clear condition.5.xx.2025: Clayton's response: Received the awards letter and bank statements showing the SS and pension income. Also XX income documentation. Exception is satisfied. | 5.28.2025=Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 20.7 years living at primary residence for B2. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 778 qualifying credit score per CBR. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 141 months of 0x30 consumer credit history per CBR. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 21 months of 0x30 mortgage history per CBR. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 9.21 months of reserves in file. | 2E797FB5-6EDC-4139-B74C-77E706EB24FE
2000052086 | XXX | XX | GA | (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 | Assets | Satisfied | D | A | D | A | CRDAST2670 | Asset documentation is insufficient per guideline requirements | No | Missing 2 months retirement account statements in file being used as reserves. 1 month account statement in file. | 6.xx.2025 Client responded -please find stmts for review.xx.12.2025 Client provided 3 months retirement account statements for reserves. Exception satisfied | 6.12.2025 Exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 69 months PITIA is 63 months greater than the 6 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 715 is 15 points above the 700 FICO required for the program. CFCFS2860: Good credit history - Clayton Comments: Borrower is 0x30 on all accounts for the past 7 years reviewed. | 4B30CA63-0C29-4351-AC49-0EB77ABD2A91
2000052086 | XXX | XX | GA | (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-1. | 6.9.25 final SS and ledger please clear.6.xx.25 exception satisfied | 6.10.25 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 69 months PITIA is 63 months greater than the 6 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 715 is 15 points above the 700 FICO required for the program. CFCFS2860: Good credit history - Clayton Comments: Borrower is 0x30 on all accounts for the past 7 years reviewed. | 4B30CA63-0C29-4351-AC49-0EB77ABD2A91
2000052130 | XXX | XX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | D | A | A | A | D | A | A | A | D | A | A | A | Property Valuations | Property | Satisfied | D | A | D | A | PRVAPROP132 | Missing HOA Certificate/Questionnaire | No | Missing Condo Questionnaire | 5.xx.2025-Client's response: May 29th 2025, 10:59:31 amCondo questionnaire has been provided, please clear condition.5.xx.2025-Clayton's response: Received the Condo Questionnaire; exception is satisfied. | 5.29.2025-Exception satisfied. | (No Data) | Not Applicable | CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 138+ Months reporting CFCFS2860: Good credit history - Clayton Comments: Excellent Credit History CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 30.08 Months reserves. 6 months required due to no housing. | DE40315A-D238-4881-9067-36B93850B5F6
2000052167 | XXX | XX | 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 | 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 proof of receipt for CD 05/XX/2025 1 at least 3 business days prior to closing. | 5.xx.25-Client provided CD issued 5/xx/25, e-signed 5/xx/25. Satisfied. | 5.30.25- Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 659 mid-score per CBR. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 33.91 months of reserves in file. CFCFS1736: Significant time at current residence - Clayton Comments: 2.7 years living at primary residence. | D3F73767-F816-45D1-A2C8-5D1E8CAEEC34
2000052167 | XXX | XX | 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 | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Please proof of receipt for CD 05/XX/2025 1 at least 3 business days prior to closing. | 5.xx.25-Client provided CD issued 5/xx/25, e-signed 5/xx/25. Satisfied. | 5.30.25- Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 659 mid-score per CBR. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 33.91 months of reserves in file. CFCFS1736: Significant time at current residence - Clayton Comments: 2.7 years living at primary residence. | D3F73767-F816-45D1-A2C8-5D1E8CAEEC34
2000052201 | XXX | XX | VA | (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 | 12 months of canceled checks for the private mortgage to XX | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 66.95% LTV per review; 80% LTV is maximum allowed per guidelines. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 45 months of 0x30 mortgage history per CBR. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 784 mid-score per CBR CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 84 months of 0x30 consumer credit history per CBR. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 44.15 months of reserves in file. | D799EED5-CE11-485F-91A5-CF87B2CCEBF0
2000052239 | XXX | XX | LA | (No Data) | ATR/QM: Exempt | D | A | C | A | D | A | N/A | N/A | D | A | C | A | D | A | N/A | N/A | Credit | Assets | Satisfied | C | A | C | A | CRDAST206 | Asset Amounts Are Unsupported by Documentation in File | No | Assets are in the name of XX Provide Operating Agreement from XX with documentation that allows borrower access to these funds for closing. | 6.4.25 All the documentation for XX has been provided, borrower is the sole member.xx.4.25 exception satisfied | 6.4.25 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: File has 97 months in reserves. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is 720, min is 660. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 6 years. CFCFS1739: Positive mortgage payment history - Clayton Comments: Mortgage payment is 0x30. | E94184FD-D4A2-455E-80B3-2013743D773E
2000052239 | XXX | XX | LA | (No Data) | ATR/QM: Exempt | D | A | C | A | D | A | N/A | N/A | D | A | C | A | D | A | N/A | N/A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR3116 | Missing updated valuation | No | Provide third party valuation that supports the appraised value of $XX | 6.4.25 DVR which supports the appraisal value has been provided6.4.25 exception satisfied | 6.4.25 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: File has 97 months in reserves. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is 720, min is 660. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has been at current residence for 6 years. CFCFS1739: Positive mortgage payment history - Clayton Comments: Mortgage payment is 0x30. | E94184FD-D4A2-455E-80B3-2013743D773E
2000052274 | XXX | XX | GA | (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 | CU score is 3.6. Missing updated valuation in file. | 5.xx.25 Please find the final DVR5.xx.25 exception satisfied. Report AVM and Appraiser sig date 5/xx/25. | 5.27.25 Please find the final DVR5.27.25 exception satisfied. Report AVM and Appraiser sig date 5/8/25. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 20 months PITIA is 14 months greater than the 6 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 751 is 51 points above the 700 FICO required for the program. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has 5 years at current residence. | 54DBA9CA-2409-405F-9D9E-65D5FCB9E36B
2000052282 | XXX | XX | 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: 706 qualifying credit score per CBR. CFCFS1736: Significant time at current residence - Clayton Comments: 10 years living at primary residence. CFCFS2854: Significant time in profession - Clayton Comments: 15 years working on the Construction industry. CFCFS1734: Borrower has significant time at current job - Clayton Comments: 6.4 years employed with xx. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 103 months of 0x30 mortgage history per CBR. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 204.13 months of reserves in file. | 68EFAB5E-0302-4801-A47E-B45C3796E798
2000052307 | XXX | XX | 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: 743 qualifying score exceeds 620 requirements CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has owned primary / current residence for 8 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $91,183.78 reserves in file or 107.63 months PITI > required guidelines | E5B44F7A-A7E4-492C-87B2-B9BE668D44B9
2000052349 | XXX | XX | 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 | Missing Flood Declaration Page | 6.xx.2025-Client's response: June 2nd 2025, 7:15:44 pmflood dec uploaded6.xx.2025-Clayton's response: Received the Flood Insurance, exception satisfied. | 6.03.2025-Exception satisfied. | (No Data) | Not Applicable | CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 287+ Months reporting CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 71+ Months reporting CFCFS2860: Good credit history - Clayton Comments: Very Good Credit History | DDB53B6F-B66B-4C29-BF44-4F671A32F2DA
2000052397 | XXX | XX | UT | (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 rent free letter | 6.4.25 Rent free letter has been provided6.4.25 exception satisfied | 6.4.25 exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 27.76% is below guideline maximum of 75% for a DSCR rate/term refinance with a 688 credit score CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 688 exceeds guideline minimum of 620 for a DSCR Rate/Term refinance at 27.76% LTV CFCFS2860: Good credit history - Clayton Comments: Overall good credit history | B471653C-1EED-4504-A749-566D0DF47FF8
2000052434 | XXX | XX | 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: 46.70% LTV < guideline maximum of 70% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $215,332.29 reserves in file or 74.29 months PITI > required guidelines CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has owned primary / current residence for 8+ years. | C5F562B3-7003-4501-AE57-B4686259B2A4
2000052465 | XXX | XX | 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 | Please provide Final HUD-1 | 5.xx.25 Final settlement statement has been provided5.xx.25 exception satisfied | 5.20.25 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Assets: Post close reserves are $11,039.59, or 6.37 months. 3 months required. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 66.89% is below guideline maximum of 80% for a DSCR purchase with a 796 credit score. CFCFS1736: Significant time at current residence - Clayton Comments: In residence 8 years | B3A63312-26E1-4E70-9D63-4F7816D8F6FD
2000052492 | XXX | XX | 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 owned primary / current residence for 10 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: 60% LTV < guideline maximum of 80% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $364,298.11 reserves in file or 117.03 months PITI > required guidelines | 8294772B-7487-4CAA-BEF9-1B1ED178E008
2000052494 | XXX | XX | HI | (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 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 246+ Months reporting CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 103 Months Reserves CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 35+ Months reporting | 80F750A7-2F78-49E8-8BDF-7AE19B0ED19A
2000052570 | XXX | XX | GA | (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 full 12 month housing history for borrower primary residence XX | 5.xx.25 Credit report exception satisfied. however; Missing full 12 month housing history for borrower primary residence XX Non material exception remains. | 5..29.25 exception remains | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 34.15 months of reserves in file. CFCFS1736: Significant time at current residence - Clayton Comments: 10.4 years living at primary residence. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 12 months of 0x30 mortgage history per supplemental CBR and VOM. | E06A9CD2-5D2E-4563-9B24-8321F55F7458
2000052570 | XXX | XX | GA | (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 | CRDCRMH189 | Missing credit report | No | Missing full credit report. File only contained a 1 page credit supplement showing mortgage history. | 5.xx.25 Credit report RCVD. | 5.29.25 exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 34.15 months of reserves in file. CFCFS1736: Significant time at current residence - Clayton Comments: 10.4 years living at primary residence. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 12 months of 0x30 mortgage history per supplemental CBR and VOM. | E06A9CD2-5D2E-4563-9B24-8321F55F7458
2000052637 | XXX | XX | PA | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | N/A | N/A | C | B | C | B | A | A | N/A | N/A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC888 | Income Amount is Unsupported by Documentation in File | No | Provide Executed Personal Guaranty for XX All members owning 25% of the LLC or more must executed a Personal Guaranty. | 6.xx.25 Personal Guaranty executed by both parties provided,6.xx.25 exception satisfied | 6.19.25 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 90+ months reserves exceeds guidelines. CFCFS1739: Positive mortgage payment history - Clayton Comments: Guarantor demonstrates positive mortgage payment history. CFCFS1736: Significant time at current residence - Clayton Comments: Guarantor has lived at current residence 4 years. | 81DCCF8D-73F9-4238-931A-5CFDF784947D
2000052637 | XXX | XX | PA | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | N/A | N/A | C | B | C | B | A | A | N/A | N/A | Credit | LTV/CLTV | Active | B | B | B | B | CRDLTV5736 | LTV Exceeds Guideline Requirement by less than 5% | No | LTV of 76.31% exceeds guideline maximum of 75%. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 90+ months reserves exceeds guidelines. CFCFS1739: Positive mortgage payment history - Clayton Comments: Guarantor demonstrates positive mortgage payment history. CFCFS1736: Significant time at current residence - Clayton Comments: Guarantor has lived at current residence 4 years. | 81DCCF8D-73F9-4238-931A-5CFDF784947D
2000052654 | XXX | XX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | Borrower's Interest | Satisfied | C | A | C | A | CMPBI1183 | MD DLLR - NTB Worksheet not signed by borrower | No | Net Tangible Benefit worksheet not signed by borrower. | 5.xx.25-Client provided a e-signed NTB form. The signature does not reflect date received (the form also is not dated). The loan num reflected does not match the loan number for the current transaction. Provide NTB with correct loan & Mers min number, signed & dated by borrower.6.xx.25-Client provided e-signed MD NTB Form.6.xx.25-Provide accurate NTB with correct loan number & Mers Mins number, signed & dated by borrower.6.xx.25-Client provided e-signed NTB form. The form (top right hand corner , page 1) loan num reflected does NOT match the loan number for the current transaction NOR does the Mers Mins number match the Mortgage Mers Mins. Provide accurate NTB with correct loan & Mers min number, signed & dated by borrower. | 6.17.25-Exception Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has 6 years at current residence. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 13 months PITIA is 7 months greater than the 6 months reserves required. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 5 years 8 months at current job. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 55% is 20% below the 75% LTV allowed for the program. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 23.06% is 26.94% below the 50% allowed for the program. | EA1742D0-16B9-4756-B7FB-62B6829EBD6E
2000052654 | XXX | XX | MD | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | 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 fail for $4715.63 due to addition of Extension fee and increase of discount points. No COC was provided disclosing increase to borrower. Please provide Letter of explanation, corrected Closing Disclosure, refund, proof of delivery within 60 days of consummation to cure. | 6.xx.25-Client provided 2 COCs issued 5/xx/25. Initial COC reflects addition of lock ext. fee from 0.00 to $1337.xx.Due to expiration of rate originally on 5/xx/25. This corresponds with Lock ext. agreement dated 5/xx/25, which extends the rate thru 5/xx/25. Rate ext. was thru closing date reflected of 5/xx/25. Additional increase in lock ext. fee on 5/xx/25 (final CD) IS invalid.--- --- ---Client provided COC reflecting discount points increased due to rate buy down, however the rate remained the same from CD 5/xx/25 (date of lock ext. addition) to date of discount increase disclosed CD 5/xx/25. The rate at closing was already locked at time of this increase thru closing. Provide PCCD, LOX, copy of tolerance check in the amount of $3378.13 and proof of delivery via 3rd party within 60 days of consummation.6.xx.25-Satisfied, CN-1584. | 6.25.25-Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has 6 years at current residence. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 13 months PITIA is 7 months greater than the 6 months reserves required. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 5 years 8 months at current job. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 55% is 20% below the 75% LTV allowed for the program. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 23.06% is 26.94% below the 50% allowed for the program. | EA1742D0-16B9-4756-B7FB-62B6829EBD6E
2000052670 | XXX | XX | TX | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Assets | Active | B | B | B | B | CRDAST3078 | Insufficient # of months cash reserves for PITI per guideline requirements | No | 4.79 months of reserves in file. 6 months of reserves is required per guidelines. Clayton deems exception non material to final lending decision. Grade =2/B.Compensating factors: 773 FICO. 75% LTV. 120 months of 0x30. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 74.73% LTV per review; 80% LTV is maximum allowed per guidelines. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 773 mid-score per CBR. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 83 months of 0x30 mortgage history per CBR. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 120 months of 0x30 consumer credit history per CBR. CFCFS1736: Significant time at current residence - Clayton Comments: 3 years living at primary residence. | BD20BCBC-1C40-4C0E-A8D0-DF847AE5E8E7
2000052673 | XXX | XX | ID | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | B | B | B | D | A | A | A | D | B | B | B | D | A | A | A | Credit | Credit/Mtg History | Active | B | B | B | B | CRDCRMH119 | Consumer lates exceed guidelines | No | Borrower has 2 x 30 consumer lates in the 12 months | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrowers have stable employment being self-employed with same company for the past 10+ years CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 771 qualifying score exceeds 620 requirements CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 30 months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | 825BAFD7-AA0F-4577-9F06-C5071CE00261
2000052673 | XXX | XX | ID | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | B | B | B | D | A | A | A | D | B | B | B | D | A | A | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR3116 | Missing updated valuation | No | Missing updated valuation to support original appraised value. | 6.4.25 DVR which supports the appraisal value has been provided, 6.4.25 exception satisfied | 6.4.25 exception satisfied | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrowers have stable employment being self-employed with same company for the past 10+ years CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 771 qualifying score exceeds 620 requirements CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 30 months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | 825BAFD7-AA0F-4577-9F06-C5071CE00261
2000052677 | XXX | XX | 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: 90 Months Reserves CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 29+ Months reporting CFCFS2860: Good credit history - Clayton Comments: Good Credit History | 00DBDC1E-0B8A-4619-8C1D-D60E6F5279F9
2000052685 | XXX | XX | 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 | Provide final HUD-1 | 6.9.25 Final settlement statement has been provided6.xx.25ception satisfied | 6.10.25ception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 116+ months reserves exceeds guidelines. CFCFS2860: Good credit history - Clayton Comments: Guarantor demonstrates good credit history. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 290 months credit history exceeds guidelines. | 7C20AA61-C5A8-48E1-BA7F-08F70DF2BBE4
2000052697 | XXX | XX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | D | A | A | A | D | A | A | A | D | A | A | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR3116 | Missing updated valuation | No | CU score 3.8; Missing CDA to support appraisal value. | 5.xx.2025 Client responded - DVR for review.5.xx.2025 Client provided the desk review supporting the value. Exception satisfied | 5.15.2025 Exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 47.28% LTV < guideline maximum of 70% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 90 months with 0x30 Mortgage payment history exceeds guidelines of 12 months CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $441,348.73 reserves in file or 31.87 months PITI > required guidelines | EF172BC0-1DE9-44BF-ACFF-87DC9CA44231
2000052771 | XXX | XX | TX | (No Data) | ATR/QM: Exempt | D | B | B | B | D | A | N/A | N/A | D | B | B | B | D | 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 | Provide 12 month of canceled checks (front & back) for the mortgage to XXor a payment history from the lender. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 204+ Months reporting CFCFS2860: Good credit history - Clayton Comments: Good Credit History CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 85 Months Reserves | BA41CDCF-786E-402C-AD85-DE505A3F5F19
2000052771 | XXX | XX | TX | (No Data) | ATR/QM: Exempt | D | B | B | B | D | A | N/A | N/A | D | B | B | B | D | A | N/A | N/A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR3116 | Missing updated valuation | No | CU Score is 2.7...Missing Additional 3rd Party Valuation | 6.9.25 DVR uploaded.6.xx.25 exception satisfied | 6..10.25 exception satisfied | (No Data) | Not Applicable | CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 204+ Months reporting CFCFS2860: Good credit history - Clayton Comments: Good Credit History CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 85 Months Reserves | BA41CDCF-786E-402C-AD85-DE505A3F5F19
2000052787 | XXX | XX | SC | (No Data) | ATR/QM: Exempt | D | B | A | A | D | B | N/A | N/A | D | B | A | A | D | B | N/A | N/A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR3116 | Missing updated valuation | No | Missing CDA to support original appraisal value. No CU or LCA score in file. | 5.xx.25 DVR supports appraisal value, copy has been provided.xx.27.25 Exception satisfied | 5.27.25 Exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 11.9 years living at primary residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 786 qualifying credit score per CBR. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 14.5 years employed with xx. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 213 months of 0x30 mortgage history per CBR. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 252 months of 0x30 consumer credit history per CBR. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 79.64 months of reserves in file. | 0770F020-E3B6-422D-84B1-0DB824C5F3E5
2000052787 | XXX | XX | SC | (No Data) | ATR/QM: Exempt | D | B | A | A | D | B | N/A | N/A | D | B | A | A | D | B | N/A | N/A | Property Valuations | Property | Active | C | B | C | B | PRVAPROP177 | Property Issues Indicated | No | Review of Condo Cert is going to make Condo Non warrantable due to Investor concentration. INV concentration is >50%.Exception deemed non material | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 11.9 years living at primary residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 786 qualifying credit score per CBR. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 14.5 years employed with xx. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 213 months of 0x30 mortgage history per CBR. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 252 months of 0x30 consumer credit history per CBR. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 79.64 months of reserves in file. | 0770F020-E3B6-422D-84B1-0DB824C5F3E5
2000052787 | XXX | XX | SC | (No Data) | ATR/QM: Exempt | D | B | A | A | D | B | N/A | N/A | D | B | A | A | D | B | N/A | N/A | Property Valuations | Property | Satisfied | D | A | D | A | PRVAPROP132 | Missing HOA Certificate/Questionnaire | No | Missing required Condo Questionnaire in file. | 5.xx.25 Condo questionnaire has been provided, 5.xx.25 exception satisfied. With review of Condo Cert 0 this is going to make Condo Non warrantable due to Investor concentration. non material | 5.27.25 exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 11.9 years living at primary residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 786 qualifying credit score per CBR. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 14.5 years employed with xx. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 213 months of 0x30 mortgage history per CBR. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 252 months of 0x30 consumer credit history per CBR. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 79.64 months of reserves in file. | 0770F020-E3B6-422D-84B1-0DB824C5F3E5
2000052829 | XXX | XX | 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 close reserves are $98,469.82, or 73.33 months. Reserves not required. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 64.44% is below guideline maximum of 75% for a DSCR cash out refinance with a 709 credit score. CFCFS1736: Significant time at current residence - Clayton Comments: In residence 15 years | 5C8A5C90-46CD-4001-9A5B-1FC3AEDB701F
2000052886 | XXX | XX | PA | (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 third party valuation that supports the appraised value of $XX | 6.5.25 DVR which supports the appraisal value has been provided,6.6.25 exception satisfied | 6.6.25 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $29,223.74 reserves in file or 14.44 months PITI > required guidelines CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 784 qualifying score exceeds 620 requirements CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 36 months with 0x30 Mortgage payment history exceeds guidelines of 12 months | E543E6B1-FB61-40F8-B280-E0EBFE00FBA8
2000053021 | XXX | XX | CA | QM: Safe Harbor | QM: Safe Harbor (APOR) | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | DTI | Active | B | B | B | B | CRDDTI187 | Debt Ratio > 50% | No | Guidelines allow up to 50% DTI, file is at 52.02%. Clayton deems this non-material. Compensating factors; LTV 38.71%, FICO 801, 124 Months in reserves and residual income is $13,159.54. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 124 Months Reserves CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 267+ Months Consumer Credit reporting CFCFS2860: Good credit history - Clayton Comments: Very good credit history | D8F43F1A-22EE-4EBD-AFDD-AFB542019EFE
2000053083 | XXX | XX | FL | (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 a third party valuation that supports the value of $XX. | 6.xx.25 Please find the CU for review.6.xx.25 exception satisfied | 6.19.25 exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 816 is 196 points above the 620 FICO required for the program. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 64.18% is 15.82% below the 80% LTV allowed for the program. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 5.32 months PITIA vs 0 months reserves required. | 287A96C9-280A-4C6C-8AF7-FDB06BF15D82
2000053133 | XXX | XX | 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 Final HUD-1. | 5.xx.25 please see the final SS5.xx.25 EXCEPTION SATISFIED | 5.22.25 EXCEPTION SATISFIED | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Guarantor has lived at current residence 18 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 41+ months reserves exceeds guidelines. CFCFS1739: Positive mortgage payment history - Clayton Comments: Guarantor demonstrates positive mortgage payment history. | 4C44F06B-A4D8-4102-94D9-A49DE29CEAB3
2000053134 | XXX | XX | NJ | (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 | CRDTER109 | Cash Out Amount Exceeds Guidelines | No | Cash out amount of $860,902.49 is greater than the maximum cash out amount of $500,000 allowed with an LTV greater than 65%. Client provided an exception request to allow the loan with cash out greater than $500,000. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 103 months ITIA is 97 months greater than the 6 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 783 is 63 points above the 720 FICO required for the program. CFCFS2860: Good credit history - Clayton Comments: Borrower is 0x30 on all accounts for the past 8 years reviewed. | DC542995-0B8C-4B20-9240-0079E75C10FD
2000053198 | XXX | XX | 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: Reserves of 119 months PITIA vs 0 months reserves required. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 51.96% is 23.04% below the 75% LTV allowed for the program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 718 is 98 points above the 620 FICO required for the program. | 88D2A7AA-8B07-482B-8ED1-EE109C41376E
2000053200 | XXX | XX | FL | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | N/A | N/A | C | B | C | B | A | A | N/A | N/A | Credit | Assets | Active | C | B | C | B | CRDAST3078 | Insufficient # of months cash reserves for PITI per guideline requirements | No | Missing verification of 6 months reserves. Per guidelines, LTV greater than 70% require 6 months reserves. LTV is 75% using the last list price of $XX | 6.xx.2025 Client responded - please find exception for 3 months of reserves vs the 6 mo6.xx.2025 Upon further review by Sr. Clayton UW, Clayton deems this non-material due to the following compensating factors of FICO of 699 and LTV 71% | 6.12.2025 Exception has been deemed non-material and re-graded to a B. Exception remains | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 699 exceeds the minimum of 680 CFCFS1746: Significant housing expense reduction - Clayton Comments: Payment reduced $458.47/month or 12.43% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 22 months reviewed for primary residence mortgage exceeds the 12 months required | E8D6E9C7-F8B7-4A79-B2F9-4D042468E55E
2000053200 | XXX | XX | FL | (No Data) | ATR/QM: Exempt | C | B | C | B | A | A | N/A | N/A | C | B | C | B | A | A | N/A | N/A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3654 | Borrower(s) do not meet guideline requirements for citizenship status | No | Missing copy of Social Security card to clear internal alert on XX report. Social Security card was conditioned for on Approval. | 6.xx.2025 Client responded -Please find the SS card for review.6.xx.2025 Client provided the guarantor's SS card. Exception satisfied | 6.12.2025 Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 699 exceeds the minimum of 680 CFCFS1746: Significant housing expense reduction - Clayton Comments: Payment reduced $458.47/month or 12.43% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 22 months reviewed for primary residence mortgage exceeds the 12 months required | E8D6E9C7-F8B7-4A79-B2F9-4D042468E55E
2000053208 | XXX | XX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | 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 of CD issued 5/XX/25. | 5.xx.25-Client provided CD issued 5/xx/25, e-signed 5/xx/25. Satisfied | 5.29.25- Satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 50.00% LTV < guideline maximum of 65% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 800 qualifying score exceeds 620 requirements CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $763,454.50 reserves in file or 280.88 months PITI > required guidelines | 06DA7BD0-D9B6-4120-8364-FD29F0D99513
2000053208 | XXX | XX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | 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 of CD issued 5/XX/25. | 5.xx.25-Client provided CD issued 5/xx/25, e-signed 5/xx/25. Satisfied | 5.29.25-. Satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 50.00% LTV < guideline maximum of 65% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 800 qualifying score exceeds 620 requirements CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $763,454.50 reserves in file or 280.88 months PITI > required guidelines | 06DA7BD0-D9B6-4120-8364-FD29F0D99513
2000053255 | XXX | XX | 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: $150,000.00 * 125% = $187,500.00 required. Total assets $1,008,019.12. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 25% is below guideline maximum of 70% for an Asset Express with an 810 credit score. CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower has never been 1X30 with history from 12/2021. | 8593F382-7F1B-4079-BAFF-59B4BBF0A75E
2000053333 | XXX | XX | OR | (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 of 110 months PITIA vs 0 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 731 is 111 points above the 620 FICO required for the program. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 50% is 25% below the 75% LTV allowed for the program. | 10A89576-3663-47BE-A65E-2748E4B55D5F
2000053378 | XXX | XX | WA | (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: 704 qualifying score exceeds 620 requirements CFCFS1737: LTV below guideline requirements - Clayton Comments: 58.00% LTV < guideline maximum of 80% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $98,482.90 reserves in file or 56.02 months PITI > required guidelines | 47EAD978-A586-4C41-8DB5-B46A1FC8A8AB
2000053397 | XXX | XX | 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 | Please provide Final HUD-1. | 5.xx.25 Final settlement statement has been provided,5.xx.25 Final HUD provided was Sellers statements. Please provide borrowers Final HUD.6.xx.2025-Client's response: June 3rd 2025, 12:20:30 pmThe buyer's final settlement statement has been provided, please clear condition.6.xx.2025-Clayton's response: Received the HUD1, exception is satisfied. | 5.29.25 exception remains6.3.2025-Exception satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 50 months reviewed for primary residence mortgage exceeds the 12 months required CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 754 exceeds the minimum of 720 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash Reserves $1,060,698.09, 156.84 months reserves, 6 months required | 55463BDE-AF08-4112-B1C3-FDF503E8EEB7
2000053442 | XXX | XX | 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: 753 qualifying score exceeds 620 requirements CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 48 months with 0x30 Mortgage payment history exceeds guidelines of 12 months. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $293,666.14 reserves in file or 113.44 months PITI > required guidelines | 148A5A0E-B0C2-4BB8-BEA1-40B20E9BA484
2000053448 | XXX | XX | AZ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | B | B | D | A | A | A | D | B | B | B | D | A | A | A | Credit | Terms/Guidelines | Active | B | B | B | B | CRDTER5518 | Loan fails XX Minimum Equity requirement | No | $36,750 equity due to borrower putting 15% as down payment is below the $40,000 minimum equity required per guidelines. Clayton deems this non-material. Compensating factors: FICO 760, 9 years at current residence, and 26.74 months in reserves. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 760 mid-score per CBR CFCFS1736: Significant time at current residence - Clayton Comments: 9 years living at primary residence. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 31 months of 0x30 consumer credit history per CBR. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 26.74 months of reserves in file. CFCFS1737: LTV below guideline requirements - Clayton Comments: 85% LTV per review; 90% LTV is maximum allowed per guidelines. | F6CB9A53-B346-443A-9959-0763CB67ED76
2000053448 | XXX | XX | AZ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | B | B | D | A | A | A | D | B | B | B | D | A | A | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR3116 | Missing updated valuation | No | Missing CDA desk review to support original appraisal value in file. CU score in file of 2.6 exceeds 2.5 tolerance. | 6.xx.2025-Client's response: June 2nd 2025, 11:47:37 pmDVR which supports the appraisal value has been provided, please clear condition.6.xx.2025-Clayton's response: Document not received; exception remains.6.4.25 DVR rcvd6.4.25 exception satisfied | 6.4.25 exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 760 mid-score per CBR CFCFS1736: Significant time at current residence - Clayton Comments: 9 years living at primary residence. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 31 months of 0x30 consumer credit history per CBR. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 26.74 months of reserves in file. CFCFS1737: LTV below guideline requirements - Clayton Comments: 85% LTV per review; 90% LTV is maximum allowed per guidelines. | F6CB9A53-B346-443A-9959-0763CB67ED76
2000053545 | XXX | XX | TX | (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 | CRDCRMH124 | Collections, Liens, etc. not paid as required by guidelines | No | Collections required to be paid per guidelines. Collection to All State in the amount of $XX | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 281 Months credit history exceeds guidelines. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 15+ months reserves exceeds guidelines. CFCFS1739: Positive mortgage payment history - Clayton Comments: Guarantor has positive mortgage payment history. | AA3E3368-F356-4923-A66E-CD251F746186
2000053591 | XXX | XX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | 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 satisfactory most recent 12 months verification of rental. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is below guidelines at 23.81%. Maximum 80%. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower at current residence for 4 years 1 month. CFCFS2860: Good credit history - Clayton Comments: Borrower has excellent credit history | 15A0AE0D-3035-4DC7-81A4-899F82CC007D
2000053648 | XXX | XX | OK | (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 close reserves are $71,874.64, or 40.69 months. 3 months required. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 66.14% is below guideline maximum of 75% for a DSCR cash out refinance with a 693 credit score CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower has never been 1X30 with history from 3/2005. | 40B37026-F006-46BD-AB5E-B63A3C55CB1C
2000053655 | XXX | XX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | Compliance | RESPA | Satisfied | B | A | B | A | CMPRESPA2698 | RESPA - List of homeowners counseling organizations not in file | No | List of homeowners counseling organizations not in file. | 6.xx.25-Client provided homeowners counseling list, Satisfied. | 6.10.25- Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 16 years 3 months at current job. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has 16 years 3 months at current job. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 22 months PITIA is 16 months greater than the 6 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 804 is 124 points above the 680 FICO required for the program. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 5.79% is 44.21% below the 50% allowed for the program. | EA020963-CDF0-4800-A038-E69BC0006169
2000053655 | XXX | XX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | 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 | Please provide LE dated with in 3 days of initial application date of 4/XX/25. | 6.xx.25-Client provided LE issued 4/xx/25, e-signed 4/xx/25. Satisfied. | 6.10.25- Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 16 years 3 months at current job. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has 16 years 3 months at current job. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 22 months PITIA is 16 months greater than the 6 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 804 is 124 points above the 680 FICO required for the program. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 5.79% is 44.21% below the 50% allowed for the program. | EA020963-CDF0-4800-A038-E69BC0006169
2000053655 | XXX | XX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | 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 confirmation of receipt for initial CD 5/XX/25. | 6.xx.25-Client provided CD issued 5/xx/25. e-signed 5/xx/25. Satisfied. | 6.10.25-Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 16 years 3 months at current job. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has 16 years 3 months at current job. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 22 months PITIA is 16 months greater than the 6 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 804 is 124 points above the 680 FICO required for the program. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 5.79% is 44.21% below the 50% allowed for the program. | EA020963-CDF0-4800-A038-E69BC0006169
2000053655 | XXX | XX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | 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 confirmation of receipt for initial CD 5/XX/25. | 6.xx.25-Client provided CD issued 5/xx/25, e-signed 5/xx/25. Provide proof of receipt of LE issued 5/xx/25.6.xx.25-Client provided LE issued 5/xx/25, e-signed 5/xx/25. Satisfied. | 6.25.25- Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 16 years 3 months at current job. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has 16 years 3 months at current job. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 22 months PITIA is 16 months greater than the 6 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 804 is 124 points above the 680 FICO required for the program. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 5.79% is 44.21% below the 50% allowed for the program. | EA020963-CDF0-4800-A038-E69BC0006169
2000053681 | XXX | XX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 294+ Months reporting CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 99+ Months reporting CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 53 Months Reserves | 16108112-D557-494F-8A16-EB6C0C14D771
2000053719 | XXX | XX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | B | B | D | A | A | A | D | B | B | B | D | A | A | A | Credit | Terms/Guidelines | Active | B | B | B | B | CRDTER109 | Cash Out Amount Exceeds Guidelines | No | Cash to borrower of $567,707.98 exceeds guideline maximum of $500,000.00. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves are $567,707.98, or 67.90 months. 6 months required. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Per state registry borrower has been in business since 8/2011. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 38.78% is below guideline maximum of 55%. | 86C36AF3-A9C1-43E5-B99A-9438C85E9F9E
2000053719 | XXX | XX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | B | B | B | D | A | A | A | D | B | B | B | D | A | A | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR3116 | Missing updated valuation | No | Missing updated valuation to support original appraised value of $XX | 6.xx.25 please find the DVR for review.6.xx.25 exception satisfied | 6.16.25 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves are $567,707.98, or 67.90 months. 6 months required. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Per state registry borrower has been in business since 8/2011. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 38.78% is below guideline maximum of 55%. | 86C36AF3-A9C1-43E5-B99A-9438C85E9F9E
2000053731 | XXX | XX | IL | (No Data) | ATR/QM: Exempt | D | A | C | A | D | A | N/A | N/A | D | A | C | A | D | A | N/A | N/A | Credit | Insurance | Satisfied | C | A | C | A | CRDINSR289 | Insufficient Hazard Insurance Coverage | No | Missing Master policy/XX bond. | 6.9.25 Policy for review, with XX bond6.xx.25 exception satisfied | 6.9.25 Policy for review, with XX bond6.10.25 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 73+ months reserves exceeds guidelines. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 148 months credit history exceeds guidelines. CFCFS2860: Good credit history - Clayton Comments: Guarantor demonstrates good credit history. | 238FF3FF-8981-436A-B130-F9AB0BD2710F
2000053731 | XXX | XX | IL | (No Data) | ATR/QM: Exempt | D | A | C | A | D | A | N/A | N/A | D | A | C | A | D | A | N/A | N/A | Property Valuations | Property | Satisfied | D | A | D | A | PRVAPROP132 | Missing HOA Certificate/Questionnaire | No | Missing HOA Certificate/Questionnaire. | 6.9.25 Please find the HOA cert for review.6.xx.25 exception satisfied | 6.9.25 Please find the HOA cert for review.6.10.25 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 73+ months reserves exceeds guidelines. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 148 months credit history exceeds guidelines. CFCFS2860: Good credit history - Clayton Comments: Guarantor demonstrates good credit history. | 238FF3FF-8981-436A-B130-F9AB0BD2710F
2000053853 | XXX | XX | FL | (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 | Missing Desk Review / CU score - 2 Family | 6.6.25 please find the DVR for review.6.xx.25 exception satisfied | 6.6..25 exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 778 qualifying score exceeds 620 requirements CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $252,788.46 reserves in file or 95.70 months PITI > required guidelines CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has owned primary / current residence for 7 years | DD73C63C-5B58-4F2C-96B3-2625B4022C99
2000053999 | XXX | XX | CA | QM: Safe Harbor (APOR) | QM: Rebuttable Presumption (APOR) | C | B | B | B | A | A | C | A | C | B | B | 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 | Client declared QM Safe Harbor (APOR); Clayton status is QM Rebuttable Presumption (APOR) due to: Benchmark Date 5/XX/2025; loan has a Test APR of 8.556%; the Benchmark Rate was 6.740%; Variance 1.816%; max allowed is 1.5000%. | 6.6.25 Client response; We accept the determination on this and please clear the exception.6.9.25 Clayton memo; exception satisfied; However, a level 2 exception will remain on file as Lender changed their status determination based upon Claytons review. | 6.9.25 Clayton memo; exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 29 months PITIA is 23 months greater than the 6 months reserves required. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 6 years 7 months at current job. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 35.60% is 14.40% below the 50% allowed for the program. | C4D35D5F-D684-4A59-9861-8706FA12F952
2000053999 | XXX | XX | CA | QM: Safe Harbor (APOR) | QM: Rebuttable Presumption (APOR) | 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 | 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 of initial CD dated 5/XX/2025 at least 3 days prior to closing. | 6.8.25-Client provided CD issued 5/xx/25, and e-Sign process Summary. Summary provided does not reflect either the CD sent was "Viewed" or Signed . Provide proof of receipt via e-Sign process Summary reflecting "viewed" or e-Sign CD issued 5/xx/25.6.xx.25-Client provided CD issued 5/xx/25, e-signed 5/xx/25. Client also provided proof of receipt of CD issued 5/xx/25 via e-portal on 5/xx/25. Satisfied. | 6.12.25- Satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 29 months PITIA is 23 months greater than the 6 months reserves required. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 6 years 7 months at current job. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 35.60% is 14.40% below the 50% allowed for the program. | C4D35D5F-D684-4A59-9861-8706FA12F952
2000053999 | XXX | XX | CA | QM: Safe Harbor (APOR) | QM: Rebuttable Presumption (APOR) | 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 | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Provide proof of receipt of initial CD dated 5/XX/2025 at least 3 days prior to closing. | 6.8.25-Client provided CD issued 5/xx/25, and e-Sign process Summary. Summary provided does not reflect either the CD sent was "Viewed" . Provide proof of receipt via e-Sign process Summary reflecting "viewed" or e-Sign CD issued 5/xx/25.6.xx.25-Client provided CD issued 5/xx/25, e-signed 5/xx/25. Client also provided proof of receipt of CD issued 5/xx/25 via e-portal on 5/xx/25. Satisfied. | 6.12.25- Satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 29 months PITIA is 23 months greater than the 6 months reserves required. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 6 years 7 months at current job. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 35.60% is 14.40% below the 50% allowed for the program. | C4D35D5F-D684-4A59-9861-8706FA12F952
2000053999 | XXX | XX | CA | QM: Safe Harbor (APOR) | QM: Rebuttable Presumption (APOR) | C | B | B | B | A | A | C | A | C | B | B | B | A | A | C | A | Credit | Ability to Repay/Qualified Mortgage | Active | B | B | B | B | CRDATRQM5170 | TILA - ATR/QM: Lender changed their status determination based upon Clayton's review | No | Client agreed to QM rebuttable APOR status based upon Clayton review. | (No Data) | (No Data) | Not Applicable | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 29 months PITIA is 23 months greater than the 6 months reserves required. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 6 years 7 months at current job. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 35.60% is 14.40% below the 50% allowed for the program. | C4D35D5F-D684-4A59-9861-8706FA12F952
2000054015 | XXX | XX | GA | (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: 7 Months Reserves CFCFS2860: Good credit history - Clayton Comments: Good Credit History CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 64+ Months reporting | CCF34269-4ED1-45AF-802B-2661CB7CEAE0
2000054087 | XXX | XX | NC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | 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 of CD issued 5/XX/25. | 6.8.25-Client provided CD issued 5/xx/25, e-signed 5/xx/25. Satisfied. | 6.8.25-Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 18.1 years living at primary residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 672 qualifying credit score per CBR. CFCFS1734: Borrower has significant time at current job - Clayton Comments: 4.9 years employed with xx CFCFS1737: LTV below guideline requirements - Clayton Comments: 75% LTV per review; 80% LTV is maximum allowed per guidelines. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 192 months of 0x30 consumer credit history per CBR. | 35732081-CAA4-41B9-A6DE-ED13DEF06EAD
2000054087 | XXX | XX | NC | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | 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 of CD issued 5/XX/25. | 6.8.25-Client provided CD issued 5/xx/25, e-signed 5/xx/25. Satisfied. | 6.8.25-. Satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 18.1 years living at primary residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 672 qualifying credit score per CBR. CFCFS1734: Borrower has significant time at current job - Clayton Comments: 4.9 years employed with xx CFCFS1737: LTV below guideline requirements - Clayton Comments: 75% LTV per review; 80% LTV is maximum allowed per guidelines. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 192 months of 0x30 consumer credit history per CBR. | 35732081-CAA4-41B9-A6DE-ED13DEF06EAD
2000054156 | XXX | XX | 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 5 years 4 month at current job. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 775 is 115 points above the 660 FICO required for the program. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 35.76% is 14.24% below the 50% allowed for the program. | 213B1431-F890-4F9E-9D4D-DF84466754E0
2000054184 | XXX | XX | HI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | 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 10 years 4 months at current job. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 177 months PITIA is 171 months greater than the 6 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 762 is 102 points above the 660 FICO required for the program. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has 23 years 9 months at current residence. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 20.78% is 29.22% below the 50% allowed for the program. | 428A80A0-CE5C-4B52-8320-E0079112B5D8
2000054189 | XXX | XX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | 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 of CD issued 5/XX/25. | 5.xx.25-Client provided CD issued 5/xx/25, e-signed 5/xx/25. Satisfied. | 5.30.25- Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 11 years 1 month at current job. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 8 months PITIA vs 0 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 734 is 74 points above the 660 FICO required for the program. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 12.18% is 37.82% below the 50% allowed for the program. | 8A32EDFB-A802-4123-A33B-5AAD30C2514E
2000054189 | XXX | XX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | 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 of CD issued 5/XX/25. | 5.xx.25-Client provided CD issued 5/xx/25, e-signed 5/xx/25. Satisfied. | 5.30.25- Satisfied. | (No Data) | Not Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 11 years 1 month at current job. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 8 months PITIA vs 0 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 734 is 74 points above the 660 FICO required for the program. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 12.18% is 37.82% below the 50% allowed for the program. | 8A32EDFB-A802-4123-A33B-5AAD30C2514E
2000054195 | XXX | XX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | D | A | A | A | D | A | A | A | D | A | A | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR3116 | Missing updated valuation | No | Missing Desk Review to support appraisal Value; CU 4. | 5.xx.25 Provided DVR which supports the appraisal value5.xx.25 exception satisfied | 5.30.25 exception satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 85% LTV < guideline maximum of 90% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 787 qualifying score exceeds 660 requirements CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $98,728.55 reserves in file or 16.33 months PITI > required guidelines | AC6AA178-77AA-45A9-B60A-C71AF5A77FD8
2000054217 | XXX | XX | CA | 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 | Property | Satisfied | D | A | D | A | PRVAPROP132 | Missing HOA Certificate/Questionnaire | No | Missing Condo questionnaire completed by HOA/Management company | 6.xx.2025-Client's response: June 6th 2025, 4:39:37 pmfind the HOA cert requested.6.xx.2025-Clayton's response: Received the HOA Certification; exception satisfied. | 6.07.2025-Exception satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 55% LTV < guideline maximum of 80% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $ 1,068,188.60 reserves in file or 273.65months PITI > required guidelines CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 807 qualifying score exceeds 660 requirements | 66C34856-3892-45DE-A8CD-8B240171DE83
2000054248 | XXX | XX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | B | B | A | A | C | B | C | B | B | B | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | CMPTRID3640 | TRID - CD: Zero tolerance fee or fees increased at or prior to closing without a valid reason or the revised LE/CD was not timely disclosed; insufficient credit or refund provided | No | Provide LE issued within 3 business days of lock date 5/XX/25 OR Provide LOX, PCCD , Copy of tolerance check in amount of $853.12 and proof of delivery within 60 days of consummation. | 6.5.25-Client provided LE issued 5/xx/25, Origination fee increase due to loan amt increase after lock. Satisfied | 6.5.25- Satisfied | Numeric | Not Applicable | CFCFS2860: Good credit history - Clayton Comments: Borrower has overall good credit history CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 12 years 5 months at current job. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 55 months PITIA is 43 months greater than the 12 months reserves required. | 8F082AC2-AF41-48F6-828D-DB6715F54E85
2000054248 | XXX | XX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | B | B | A | A | C | B | C | B | B | B | A | A | C | B | Credit | LTV/CLTV | Active | B | B | B | B | CRDLTV5736 | LTV Exceeds Guideline Requirement by less than 5% | No | LTV of 76.31% is greater than the maximum 75% LTV allowed with a credit score of 692 and loan amount between $2M and $2.5M. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS2860: Good credit history - Clayton Comments: Borrower has overall good credit history CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 12 years 5 months at current job. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 55 months PITIA is 43 months greater than the 12 months reserves required. | 8F082AC2-AF41-48F6-828D-DB6715F54E85
2000054277 | XXX | XX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | D | A | D | A | CMPATRQM3220 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status. | No | Missing XX 6/2024, 12/2024 statements used to calculate income. | 6.4.25 Bank statement for 6/2024 has been provided, there is no bank statement for 12/2024.6.4.25 exception satisfied | 6.4.25 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves are $96,855.85, or 11.65 months. 6 months required. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 80% is below guideline maximum of 90% for an Alt Doc cash out refinance with a 710 credit score. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Per state registry borrower has been in business since 4/24/2017. | D070F80E-F9F6-43B8-8864-995083678CF8
2000054277 | XXX | XX | MI | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC888 | Income Amount is Unsupported by Documentation in File | No | Missing XX 6/2024, 12/2024 statements used to calculate income. | 6.4.25 Bank statement for 6/2024 has been provided, there is no bank statement for 12/2024.6.4.25 exception satisfied | 6.4.25 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves are $96,855.85, or 11.65 months. 6 months required. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 80% is below guideline maximum of 90% for an Alt Doc cash out refinance with a 710 credit score. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Per state registry borrower has been in business since 4/24/2017. | D070F80E-F9F6-43B8-8864-995083678CF8
2000054322 | XXX | XX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 147 Months credit history exceeds guidelines. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 96 months reserves exceeds guidelines. CFCFS1737: LTV below guideline requirements - Clayton Comments: 59% LTV below guidelines requirement. | D1077D7A-8A75-40DB-8544-F70735B49582
2000054386 | XXX | XX | GA | (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 | CRDTER5518 | Loan fails XX Minimum Equity requirement | No | Equity of $39,000 is less than the minimum equity requirement of $40,000. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has 5 years at current residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 789 is 69 points above the 720 FICO required for the program. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 94 months PITIA is 88 months greater than the 6 months reserves required. | 623987D1-9F30-4CB5-AF79-96EC4528777F
2000054504 | XXX | XX | 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 | Final signed HUD 1 is missing in the file. | 6.4.25 Final settlement statement has been provided6.5.25 exception satisfied | 6.5.25 exception satisfied | (No Data) | Not Applicable | CFCFS2860: Good credit history - Clayton Comments: Excellent Credit History CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Assets: $235,723.54 (Cash Out per Est Settlement in file) / $2,011.72 (PITI) = 117.18 Months Reserves CFCFS1739: Positive mortgage payment history - Clayton Comments: Demonstrates positive Mortgage History | A3F9AC43-2F63-4722-BD51-7C82F5983CCC
2000054979 | XXX | XX | TX | (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 | Missing evidence of flood insurance in file. | 6.xx.2025-Client's response: June 6th 2025, 4:43:23 pmFlood insurance policy has been provided, please clear condition.6.xx.2025-Clayton's response: Received the Flood Insurance, exception satisfied. | 6.07.2025-Exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has 10 years at current residence. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 87 months PITIA is 81 months greater than the 6 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 711 is 31 points above the 680 FICO required for the program. | 3CC82ED7-8C0E-42B7-9EBD-B902729BB334
2000055080 | XXX | XX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | 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 | 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 confirmation of receipt for initial CD 5/XX/25. | 6.xx.25-Client provided CD issued 5/xx/25, e-signed 5/xx/25. Satisfied. | 6.10.25- Satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has 20 years in profession. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 24 months PITIA is 18 months greater than the 6 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 780 is 120 points above the 660 FICO required for the program. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 31.71% is 18.29% below the 50% allowed for the program. | 3EFAF320-8B87-419C-A36F-00342B74937B
2000055080 | XXX | XX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | 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 | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Please provide confirmation of receipt for initial CD 5/XX/25. | 6.xx.25-Client provided CD issued 5/xx/25, e-signed 5/xx/25. Satisfied. | 6.10.25- Satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has 20 years in profession. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 24 months PITIA is 18 months greater than the 6 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 780 is 120 points above the 660 FICO required for the program. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 31.71% is 18.29% below the 50% allowed for the program. | 3EFAF320-8B87-419C-A36F-00342B74937B
2000055080 | XXX | XX | FL | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | D | A | A | A | C | A | D | A | D | A | A | A | C | A | Credit | Insurance | Satisfied | D | A | D | A | CRDINSR865 | Missing proof of flood insurance in File | No | Missing evidence of flood insurance in the file. | 6.9.25 please find the flood ins for review.6.xx.25 exception satisfied | 6.10.25 exception satisfied | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has 20 years in profession. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of 24 months PITIA is 18 months greater than the 6 months reserves required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 780 is 120 points above the 660 FICO required for the program. CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI (Back) of 31.71% is 18.29% below the 50% allowed for the program. | 3EFAF320-8B87-419C-A36F-00342B74937B
92300186039 | XXX | XX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | D | A | A | A | D | A | D | A | D | A | A | A | Credit | Income/Employment | Satisfied | C | A | C | A | CRDINC2488 | Verbal verification of employment missing | No | Missing Verbal Verification. | 6/xx/25 Client provided VVOE. | 6/2/25 Exception satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for 15 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: Borrowers DTI 36.03 is less than 43% maximum per guideline. | DD43094F-2F47-4778-B76A-D5EF577286CF
92300186039 | XXX | XX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | D | A | A | A | D | A | D | A | D | A | A | A | Credit | Income/Employment | Satisfied | D | A | D | A | CRDINC3204 | Income Documentation Missing | No | Missing 12 month bank statement worksheet with monthly detail and accounts used. | 6/xx/25 - Client provided 12 month bank statement analysis. | 6/2/25 Exception satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for 15 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: Borrowers DTI 36.03 is less than 43% maximum per guideline. | DD43094F-2F47-4778-B76A-D5EF577286CF
92300186039 | XXX | XX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | D | A | A | A | D | A | D | A | D | A | A | A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER4238 | Business entity does not meet guidelines | No | Missing Business entity documents for 5 Star Collision reflecting Member ownership %. | 6/xx/25 Client provided - CPA letter stating 100% ownership. | 6/2/25 Exception satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for 15 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: Borrowers DTI 36.03 is less than 43% maximum per guideline. | DD43094F-2F47-4778-B76A-D5EF577286CF
92300186039 | XXX | XX | 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 | PRVAAPPR3116 | Missing updated valuation | No | Missing Desk Review to support original apprised value of $XX. CU LCA score 4.5, CU score 999 as required by guidelines page 2. | 6/xx/25 Client provided Additional copy of the same appraisal provided. Exception remains.xx.4.25 Desk review provided by client value supported. | 6/4/25 Exception Satisfied. | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in the same profession for 15 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: Borrowers DTI 36.03 is less than 43% maximum per guideline. | DD43094F-2F47-4778-B76A-D5EF577286CF