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.5 Schedule 11

 

Marketing ID Recovco Loan ID Loan #1 Loan #2 Loan #3 Field Loan Value Tape Value Variance Variance % Comment Tape Source Tape Type MCMS COMMENTS
900001006 XX XX     Debt Service Coverage Ratio 1.173 1.170 0.003 0.26% The DSCR is calculated using the market rent of $1,350 / $1,151.01 Initial   TAPE CORRECT- ROUNDING 
900001004 XX XX     B1 Citizenship Status US Citizen Non-Resident Alien     US Citizen - per final 1003 in file Initial   UPDATED TAPE
900001004 XX XX     B1 SSN XX XX     XX - per final 1003 in file. Initial   UPDATED TAPE
900001004 XX XX     Borrower DTI Ratio Percent 23.777% 24.380% -0.603% -0.60% 23.77% - using slightly higher income for qualification. Initial   TAPE CORRECT- WITHIN 3% VARIANCE
900001004 XX XX     Original CLTV Ratio Percent 66.667% 66.660% 0.007% 0.01% One and the same. Initial   ONE IN THE SAME
900001004 XX XX     Original Standard LTV (OLTV) 66.667% 66.660% 0.007% 0.01% One and the same. Initial   ONE IN THE SAME
900001004 XX XX     Representative Score 669 661 8 1.21% 669 - per credit report in file. Initial   TAPE ALREADY UPDATED
900001019 XX XX     Borrower DTI Ratio Percent 10.432% 22.403% -11.971% -11.97% Documents in file reflect 10.432% DTI. Initial   TAPE CORRECT- PER SCORECARD 6/29/2022
900001003 XX XX     B1 Citizenship Status US Citizen Non-Resident Alien     US Citizen - per final signed 1003 in file. Initial   UPDATED TAPE
900000986 XX XX     Debt Service Coverage Ratio 1.226 1.22 0.006 0.49% The DSCR of 1.226 is calculated using the leased rent of $6,000 and PITIA of $4,893.32. Initial   TAPE CORRECT- ROUNDING 
900001008 XX XX     B1 SSN XX XX     Tape is B2 social security number. Initial   UPDATED TAPE
900001008 XX XX     Borrower First Name XX XX     Per the note (page 621) and the 1008 (page 593), the borrower's first name is XX. (The coborrower's first name is XX.)
 Initial   UPDATED TAPE
900001007 XX XX     Debt Service Coverage Ratio 1.016 1.01 0.006 0.59% The DSCR of 1.36 is calculated using market rent of $3,300 and the PITIA of $2,432.45. Initial   TAPE CORRECT-DD firm comment makes no sense. They state, The DSCR of 1.36…Yet they have 1.016??    Non issue – rounding issue
900001007 XX XX     Property Address Street XX XX     One and the same. Initial   ONE IN THE SAME
900001012 XX XX     Debt Service Coverage Ratio 1.129 1.120 0.009 0.80% The DSCR of 1.13 is calculated using market rent of $2,150 and PITIA of $1,904.42 Initial   TAPE CORRECT- DD error –. Market Rent 2,150 / PITIA 1,909.27 = 1.12
900000991 XX XX     Borrower DTI Ratio Percent 45.563% 44.261% 1.302% 1.30% 45.563% - due to slightly lower income being used
 Initial   TAPE CORRECT- WITHIN 3% VARIANCE
900001015 XX XX     B1 Citizenship Status Not Applicable US Citizen       Initial   Recovco is using LLC as borrower 1
900001015 XX XX     B1 Self-Employed? Unavailable No       Initial   Recovco is using LLC as borrower 1
900001015 XX XX     B1 SSN XX XX       Initial   Recovco is using LLC as borrower 1
900001015 XX XX     Borrower First Name XX XX       Initial   Recovco is using LLC as borrower 1
900001015 XX XX     Borrower Last Name XX XX       Initial   Recovco is using LLC as borrower 1
900001015 XX XX     Debt Service Coverage Ratio 3.670 2.610 1.060 40.61% DSCR 3.67% per market rent on page 53 Initial   TAPE CORRECT- Subject property is an XX, refer to GL = 2.61 is correct
900001015 XX XX     Loan Origination Source Type (S&P) Correspondent - Bulk [3] Retail [1]     Loan closed in the lender of record/correspondent.. Initial   NOT ON TAPE
900001014 XX XX     B1 Self-Employed? Unavailable No       Initial   ONE IN THE SAME- NO EMPLOYMENT/INCOME REQUIRED
900001014 XX XX     B1 SSN XX XX     XX - per final 1003 in file. Initial   TAPE ALREADY UPDATED
900001014 XX XX     Borrower First Name XX XX     B1 first name is XX, B2 first name is XX Initial   TAPE ALREADY UPDATED
900001014 XX XX     Borrower Last Name XX XX     B1 last name XX, B2 last name XX Initial   TAPE ALREADY UPDATED
900001014 XX XX     Debt Service Coverage Ratio 3.379 1.380 1.999 144.86% DSCR 3.379% per market rent on page 85 Initial   TAPE CORRECT- Subject property is an XX, refer to GL = 1.38 is correct
900001014 XX XX     Loan Origination Source Type (S&P) Correspondent - Bulk [3] Retail [1]       Initial   NOT ON TAPE
900001014 XX XX     MI Coverage Amount XX XX     Loan closed as the lender of record/correspondent. Initial   ONE IN THE SAME
900001018 XX XX     B1 Self-Employed? Unavailable No       Initial   ONE IN THE SAME- NO EMPLOYMENT/INCOME REQUIRED
900001018 XX XX     Debt Service Coverage Ratio 1.004 1 0.004 0.40% rounding issue Initial   TAPE CORRECT- ROUNDING 
900001018 XX XX     Loan Origination Source Type (S&P) Correspondent - Bulk [3] Retail [1]     Loan closed in the name of the lender of record/correspondent. Initial   NOT ON TAPE
900000988 XX XX     Borrower DTI Ratio Percent 46.211% 46.217% -0.006% -0.01% 46.211% - per documentation in file Initial   TAPE CORRECT- WITHIN 3% VARIANCE
900000987 XX XX     Borrower DTI Ratio Percent 17.789% 17.791% -0.002% -0.00%   Initial   TAPE CORRECT- WITHIN 3% VARIANCE
900000987 XX XX     Property Address Street XX XX     one and same Initial   UPDATED TAPE
900000987 XX XX     Representative Score 754 776 -22 -2.84% Per the current CBR in file. 754 is mid score Initial   UPDATED TAPE
900000985 XX XX     Property Address Street XX XX     Property address street is XX, based on the Note and Appraisal. Initial   UPDATED TAPE
900001025 XX XX     Borrower DTI Ratio Percent 39.950% 39.167% 0.783% 0.78% Variance due to rounding Initial   TAPE CORRECT- WITHIN 3% VARIANCE
900001024 XX XX     Borrower DTI Ratio Percent 9.512% 9.413% 0.099% 0.10% 9.512% - per documentation in file. Initial   TAPE CORRECT- WITHIN 3% VARIANCE
900000994 XX XX     B1 Citizenship Status Not Applicable US Citizen       Initial   Recovco is using LLC as borrower 1
900000994 XX XX     B1 SSN XX XX       Initial   Recovco is using LLC as borrower 1
900000994 XX XX     Borrower First Name XX XX       Initial   Recovco is using LLC as borrower 1
900000994 XX XX     Borrower Last Name XX XX       Initial   Recovco is using LLC as borrower 1
900000994 XX XX     Debt Service Coverage Ratio 1.811 1.78 0.031 1.74%   Initial   TAPE CORRECT-DD firm did not follow GL – Lease are less than Appraisal. Lease 2,927 / PITIA 1,638.50
900000997 XX XX     Borrower DTI Ratio Percent 36.074% 3754.000% -3717.926% -3717.93% Audit used the correct decimal places Initial   TAPE CORRECT- ROUNDING. WITHIN 3% VARIANCE
900001011 XX XX     Debt Service Coverage Ratio 1.126 1.120 0.006 0.54% rounding issue. Initial   TAPE CORRECT- ROUNDING 
900001030 XX XX     B1 Citizenship Status US Citizen Non-Resident Alien     US Citizen per final 1003 Initial   UPDATED TAPE
900001030 XX XX     Borrower DTI Ratio Percent 37.600% 3613.000% -3575.400% -3575.40% 37.60% - per documentation in file. Initial   TAPE CORRECT- ROUNDING. WITHIN 3% VARIANCE
900001030 XX XX     Loan Origination Source Type (S&P) Broker [2]       broker per final CD Initial   NOT ON TAPE
900001029 XX XX     B1 Citizenship Status US Citizen Non-Resident Alien     US - per 1003 Initial   UPDATED TAPE
900001029 XX XX     Borrower DTI Ratio Percent 37.599% 3754.000% -3716.401% -3716.40% 37.599% - per documentation in file. Initial   TAPE CORRECT- ROUNDING. WITHIN 3% VARIANCE
900001029 XX XX     Loan Origination Source Type (S&P) Broker [2]       Broker- per final 1003 and CD Initial   NOT ON TAPE
900001010 XX XX     Debt Service Coverage Ratio 3.440 3.130 0.310 9.90% The DSCR of 3.44 0is calculated using the lease amount of $4,121.10 Initial   TAPE CORRECT-DD firm did not follow GL for using current leases. Lease 3,761.31 / PITIA 1,197.96 = 3.13
900000984 XX XX     Borrower DTI Ratio Percent 17.346% 38.274% -20.928% -20.93% Income verified using 1065 with losses, reduced total income and increased DTI Initial   TAPE CORRECT- PER SCORECARD 5/18/2022
900000990 XX XX     B1 SSN XX XX       Initial   Recovco is using LLC as borrower 1
900000990 XX XX     Debt Service Coverage Ratio 1.144 1.080 0.064 5.93% The DSCR of 1.14 is calculated using market rent of $2,100. Initial   TAPE CORRECT- DD error –. Market Rent 2,100 / PITIA 1,928.14 = 1.08
900000990 XX XX     Property Address Street XX XX     One and the same. Initial   ONE IN THE SAME
900000999 XX XX     B1 Citizenship Status US Citizen Non-Resident Alien     US - per 1003 Initial   UPDATED TAPE
900000999 XX XX     Borrower DTI Ratio Percent 18.959% 1942.000% -1923.041% -1923.04% 18.959% - per documentation in file. Initial   TAPE CORRECT- ROUNDING. WITHIN 3% VARIANCE
900000999 XX XX     Loan Origination Source Type (S&P) Broker [2]       Broker - per final CD and 1003 in file. Initial   NOT ON TAPE
900000996 XX XX     Borrower DTI Ratio Percent 41.706% 3751.000% -3709.294% -3709.29% Audit is showing with correct decimal places. Initial   TAPE CORRECT- ROUNDING ON RECOVCO TAPE VALUE.  DTI 37.51
900000996 XX XX     Loan Origination Source Type (S&P) Correspondent - Bulk [3]       No data to compare Initial   NOT ON TAPE
900000998 XX XX     Borrower DTI Ratio Percent 40.417% 3633.000% -3592.583% -3592.58% Audit used the accurate decimal places Initial   NEITHER CORRECT- UPDATED TAPE TO 33.33
900000998 XX XX     Loan Origination Source Type (S&P) Correspondent - Bulk [3]       No data to compare Initial   NOT ON TAPE
900000993 XX XX     Borrower DTI Ratio Percent 20.820% 23.000% -2.180% -2.18%   Initial   TAPE CORRECT- WITHIN 3% VARIANCE
900000993 XX XX     Property Address Street XX XX     The property address street is XX, based on the Note and Appraisal Report. Initial   TAPE ALREADY UPDATED