EX-99.7 45 ea025949101_ex99-7sch5.htm SCHEDULE 5 - DATA COMPARE

Exhibit 99.7 Schedule 5

ASF Loan Number | Loan ID | Seller Loan ID | Investor Loan ID | Transaction ID | Field Name | Source | Verified Value | Bid Tape Value | Comment
400095916 | XX |  |  | XX | Application Date | complianceDetailPage | XX | XX | Application date confirmed from application 1039.
400098330 | XX |  |  | XX | Note Date | notePage | XX | XX | Note date verified from Note document. Tape Data is the Disbursement Date.
400098330 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | 24 Month Bank Statement | ALT DOC | Doctype updated as per loan program and documentation.
400098350 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | ALT DOC | Doctype updated per loan program & documentation.
400098350 | XX |  |  | XX | Calculated DSCR | diligenceFinalLookPage | 1.119 | 1.1 | Our calculated DSCR is Rents of $1,600/ PITIA of $1,430.23 = 1.119 DSCR Tape data showing 1.1 difference is 0.019
400098332 | XX |  |  | XX | Property Type | propertyValuationPage | Two to Four Unit | 2-4 Family | Property type confirmed with appraisal report.
400098332 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | ALT DOC | DSCR file income not required.
400098332 | XX |  |  | XX | Calculated DSCR | diligenceFinalLookPage | 1.14 | 1.17 | Tape Considered the highest rent of $3300 from 1025 market rent but Lease rent is $3200.
400098360 | XX |  |  | XX | Note Date | notePage | XX | XX | Note date verified from Note document. Tape value is the Disbursement Date.
400098360 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | ALT DOC | Doctype updated as per loan program and documentation.
400098360 | XX |  |  | XX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 49.77 | 32.92 | DTI discrepancy on the loan. Audit DTI is 49.7670%. Initial Lender DTI, per the Tape, is 32.92%. However, a corrected 1008 was received putting the DTI at 49.96%. That is 0.193% variance from the audit DTI; within tolerance.
400100979 | XX |  |  | XX | Note Date | notePage | XX | XX | Note date verified from Note document page 492
400100979 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | ALT DOC | Doctype updated per loan program & documentation.
400100979 | XX |  |  | XX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | 4680.73 | 3571.53 | Qualifying Total Housing expenses PITIA is matching with 1008 Tape data not included Taxes and Insurance
400100979 | XX |  |  | XX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 48.18 | 48.66 | DTI discrepancy on the loan, as per the DTI calculations our calculated DTI is 48.21% but Originator DTI is 48.66%. Variance is 0.45 within tolerance due to the difference in tradelines CC $138 reflecting in final 1003 but in credit report its reflecting $62 updated as per credit report CC $51 reflecting in final 1003 but in credit report its reflecting $48 updated as per credit report
400098339 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | 1099 Verified | ALT DOC | Verified Doc Type considered per loan program & documentation.
400100992 | XX |  |  | XX | Note Date | notePage | XX | XX | Note date updated per Note document on page #585.
400100992 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | ALT DOC | Doc type updated per income qualification method, DSCR was used fr qualification.
400098351 | XX |  |  | XX | Note Date | notePage | XX | XX | Note date considered from Note on page 701.
400098351 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | ALT DOC | Verified Doc Type considered per loan program & documentation.
400098351 | XX |  |  | XX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | 8163.67 | 5692.92 | Tape data excluding TIA in calculation.
400098351 | XX |  |  | XX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 19.79 | 19.47 | DTI Variance 0.03 less than 1% tolerance due to monthly property tax discrepancy between 1008 & actual tax cert.
400101006 | XX |  |  | XX | Note Date | notePage | XX | XX | Note date updated per Note document on page #361
400101006 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | ALT DOC | Doc type updated per income qualification method,, 12 months bank statements were used for qualfiication.
400098312 | XX |  |  | XX | Borrower 1 Self-Employment Flag | employmentIncomePage | No | Yes | B1 is wage earner and asset depletion fie.
400098312 | XX |  |  | XX | Note Date | notePage | XX | XX | Tape considered disbursement date as note date.
400098312 | XX |  |  | XX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | 3543.92 | 3266.99 | Escrow waiver file , Tape considered the P&I as monthly payment.
400098323 | XX |  |  | XX | Note Date | notePage | XX | XX | Note date verified from Note document
400098323 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | Business P&L | ALT DOC | Doctype updated as per loan program and documentation.
400101003 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | ALT DOC | Doctype updated as per loan program and documentation.
400101003 | XX |  |  | XX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | 2950.63 | 2108.75 | Tape Data not included Monthly Property Tax & Homeowner's insurance amounts, However file is No Escrows.
400101003 | XX |  |  | XX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 31.02 | 31.25 | DTI discrepancy on the loan, as per the DTI calculations our calculated DTI is 31.02% but Tape data DTI is 31.25%. Variance is 0.23 within tolerance.
400100997 | XX |  |  | XX | Property Type | propertyValuationPage | PUD | Single Family Detached | Property type is PUD verified from appraisal pg. #54 and PUD rider is on pg. #337.
400100997 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | 1099 Verified | ALT DOC | Doctype updated as per loan program and documentation.
400100997 | XX |  |  | XX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | 1873.51 | 1842.26 | Tape Data not included HOA amount and the subject property is PUD. HOA per Appraisal Report is $375/12=$ 31.25.
400100997 | XX |  |  | XX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 43.57 | 43.66 | DTI discrepancy on the loan, as per the DTI calculations our calculated DTI is 43.57% but Originator DTI is 43.66%. Variance is 0.09 within tolerance DUE to HOA amount in Appraisal report $31.25*12=$375 but in 1008 document HOA amount is $39.58 due to that there is a DTI Discrepancy.
400101002 | XX |  |  | XX | Property Type | propertyValuationPage | Two to Four Unit | 2-4 Family | Property has 4 units per 1003, 1008 and appraisal report.
400101002 | XX |  |  | XX | Note Date | notePage | XX | XX | Note date updated per Note document on page #369.
400101002 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | ALT DOC | Doc type updated per income qualification method, DSCR was used for qualification.
400100985 | XX |  |  | XX | Qualifying LTV | propertyValuationPage | 65.55 | 70.00 | Received updated 1008 with correct value LTV is now in line at 65.50 refer to findings
400100985 | XX |  |  | XX | Qualifying CLTV | propertyValuationPage | 65.55 | 70.00 | Property value is not matching with Appraisal due to that there is LTV Variance. Appraisal value is as per 1003 and 1008 appraisal value is XXwhere as actual appraisal value is XX.
400100985 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | ALT DOC | File is DSCR not required for Income documents.
400100985 | XX |  |  | XX | Calculated DSCR | diligenceFinalLookPage | 1.065 | 1.01 | Correctly calculated DSCR Ratio is Rent amount$2,200/PITIA$2,064.91=1.065 and Originator DSCR is =1.010 Variance is 0.055.
400100972 | XX |  |  | XX | Property Type | propertyValuationPage | PUD | Single Family Detached | Property type confirmed with appraisal report.
400100972 | XX |  |  | XX | Note Date | notePage | XX | XX | Tape considered the disbursement date as note date.
400100972 | XX |  |  | XX | Borrower 1 Self-Employment Flag | employmentIncomePage | No | Yes | SSI, Asset utilization and Retirement incomes are used.
400100972 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | Asset Utilization (DTI) | ALT DOC | SSI, Asset utilization and Retirement incomes are used.
400100972 | XX |  |  | XX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | 4174.96 | 3065.42 | Escrow waiver file, tape not considered the Tax and insurance amount.
400100991 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | ALT DOC | Doc type updated per income qualification method, 12 months bank statements were used for qualication.
400100991 | XX |  |  | XX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 16.09 | 17.89 | Audited DTI is 16.09 and Lender DTI is 17.89. the difference is 1.8. This is because: (1) Lender considered hazard insurance amount as $296.50 whereas per hazrad insurance, final CD, payment letter, IEAD it is $254.83. (2) Lender considered all other monthly payments as $10,949 where as per documentation it is $9,317 (REO $322 + $Monthly Debt $8,995). The difference is $1,632. GAP credit report is missing from file.
400100976 | XX |  |  | XX | Property Type | propertyValuationPage | PUD | Single Family Detached | Property type is PUD verified from appraisal pg. #61 and PUD rider is on pg. #458.
400100976 | XX |  |  | XX | Note Date | notePage | XX | XX | Note date verified from Note document
400100976 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | ALT DOC | Doctype updated as per loan program and documentation.
400100976 | XX |  |  | XX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | 3530.36 | 3452.37 | Tape Data not included HOA amount and the subject property is PUD. HOA per Appraisal Report is $ 78.
400100976 | XX |  |  | XX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 39.62 | 39.60 | DTI discrepancy on the loan, as per the DTI calculations our calculated DTI is 39.62% but Tape data DTI is 36.60%. Variance is 0.02
400098315 | XX |  |  | XX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Property type is 2 to 4 Units verified from appraisal pg #34 and 1-4 rider is on pg. #1
400098315 | XX |  |  | XX | Prepayment Penalty Type | notePage | Hard | 3 | Prepayment Penalty Type updated Correctly.
400098315 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | ALT DOC | File is DSCR not required for Income documents.
400098315 | XX |  |  | XX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | 7158.3 | 6061.24 | Qualifying Total Housing Expense PITIA Updated as per 1008 Document.
400098315 | XX |  |  | XX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 282.19 | Debt to Income Ratio not required for DSCR Program.
400101005 | XX |  |  | XX | Note Date | notePage | XX | XX | Note date verified from Note document
400101005 | XX |  |  | XX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | 5420.35 | 4060.39 | Tape Data not included Monthly Property Tax & Homeowner's insurance amounts & HOA amount, However file is No Escrows.
400100994 | XX |  |  | XX | Property Type | propertyValuationPage | PUD | Single Family Detached | Property type is PUD verified from appraisal pg. #39 and PUD rider is on pg. #453.
400100994 | XX |  |  | XX | Note Date | notePage | XX | XX | Note date verified from Note document
400100994 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | ALT DOC | Doctype updated as per loan program and documentation.
400100994 | XX |  |  | XX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | 2591.3 | 2506.15 | Tape Data not included HOA amount and the subject property is PUD. HOA per Appraisal Report is $ 85.15.
400100994 | XX |  |  | XX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 46.57 | 50.00 | Income was revised (increased) from a prior calculation. Tape Data is the DTI with the earlier income calculation; Audited/True Data is the DTI with the updated/revised income.
400100988 | XX |  |  | XX | Prepayment Penalty Type | notePage | Hard | 3 | Prepayment penalty type updated from drop down. tape and true data gives same value.
400100988 | XX |  |  | XX | Note Date | notePage | XX | XX | Note date updated per Note document on page #281.
400100988 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | ALT DOC | Doc type updated per income qualification method, DSCR was used for qualification.
400100988 | XX |  |  | XX | Calculated DSCR | diligenceFinalLookPage | 1.095 | 1.08 | Audited DSCR is 1.095, which is based off the rent $5,000 / PITIA of $4,566.09 ($3,736.09 P&I + $750 Taxes + $80 Hazard Insurance + $0.00 Flood Insurance). Lender DSCR is 1.08. The difference in the DSCR calculation is 0.015. Received DSCR worksheet DSCR is in line at 1.095
400100993 | XX |  |  | XX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Property has 4 units per 1003, 1008, appraisal report.
400100993 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | ALT DOC | Doc type updated per income qualification method, DSCR was used for qualfiication.
400100987 | XX |  |  | XX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | property type confirmed with appraisal report.
400100987 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | ALT DOC | DSCR file.
400100987 | XX |  |  | XX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | 3348.41 | 2387.62 | Escrow waiver file, tape not considered the Tax and insurance amount into PITI.
400100987 | XX |  |  | XX | Calculated DSCR | diligenceFinalLookPage | 1.135 | 1.13 | Calculated DSCR is Rent $3800 / PITI$3348.51 = 1.135.
400100973 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | Asset Utilization (DTI) | ALT DOC | Asset depletion files comes under alt Doc category.
400100973 | XX |  |  | XX | Borrower 1 Self-Employment Flag | employmentIncomePage | No | Yes | Asset depletion file and borrower not a self-employed.
400104433 | XX |  |  | XX | Occupancy | the1003Page | Primary Residence | OwnerOccupied | Occupancy is Primary Residence confirmed in Final 1003.
400104433 | XX |  |  | XX | Interest Rate | notePage | 7.25 | 0.0000 | Interest Rate is 7.25% per Note document.
400104433 | XX |  |  | XX | Monthly Property Tax Amount | titlePage | 2899.1 | 0.00 | Property Tax Amount per property cert page #643 is $34,789.18 annually. So Monthly Property Tax Amount will be $34,789.18/12 = $2,899.10
400104433 | XX |  |  | XX | Total Monthly Property Insurance Amount | propertyInsurancePage | XX | XX | Property Insurance Amount per property Insurance document page #399 is $XX. So Total Monthly Property Insurance Amount will be $XX
400104433 | XX |  |  | XX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 33.29 | 32.20 | DTI variance due to variance in All other monthly payments $815.
400104449 | XX |  |  | XX | Borrower 1 Self-Employment Flag | employmentIncomePage | Yes | coming soon | Borrower 1 Self-Employment Flag is yes hence updated the same.
400104449 | XX |  |  | XX | Total Monthly Property Insurance Amount | propertyInsurancePage | XX | XX | Total Monthly Property Insurance Amount includes HOI amount and Flood insurance amount. Tape data does not include flood insurance.
400100986 | XX |  |  | XX | Note Date | notePage | XX | XX | Tape considered the disbursement date as note date.
400100986 | XX |  |  | XX | Verified Doc Type | employmentIncomePage | 1099 Verified | ALT DOC | 1099-only was used for income qualification.
400100986 | XX |  |  | XX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | 2398.51 | 2398.50 | Difference of $0.01 due to rounding.
400104464 | XX |  |  | XX | Application Date | complianceDetailPage | XX | XX | Confirmed the application date from the Initial 1003.