.5 Schedule 3
| Conditions Report 2.0 | |||||||||||||||||||||||||||||||||||||||
| Loans in Report: | 32 | ||||||||||||||||||||||||||||||||||||||
| Loans with Conditions: | 14 | ||||||||||||||||||||||||||||||||||||||
| Marketing ID | Loan Number | NRZ ID | 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 | Unique Id |
| 64 | XX | XX | XX | IL | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3122 | Loan documents do not meet guideline requirements | No | Missing the Ability to Repay cert completed by underwriter | 10/27 Client provided the ATR Cert | Satisfied | (No Data) | Not Applicable | CFCFS1734: Borrower has
significant time at current job - Clayton Comments: Borrower has been self employed for 13 years. |
XX |
| 70 | XX | XX | XX | CA | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Credit/Mtg History | Satisfied | C | A | C | A | CRDCRMH1805 | Debts/obligations not disclosed/accounted for at origination | No | Missing evidence of PITIA for new acquired REO property XX supporting mortgage debt $2530.95 | 10/08/2025 client provided a settlement statement for the property however this does not show the PITIA. Condition remains.10/8 Client asked for review: the Taxes and Insurance used are supported | Satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time
at current residence - Clayton Comments: Borrower has been in current residence for 8 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower FICO score is 786 max per guidelines is 720. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 80% max per guidelines is 85%. |
XX |
| 73 | XX | XX | XX | MI | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | A | A | A | A | CMPTRID5293 | TRID Not all required seller-paid fees were disclosed on the CD | No | Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. This Condition is informational per Clayton Compliance department and TRID 2.0 revisions. Condition satisfied. Final Grade A. | (No Data) | satisfied | Numeric | Not Applicable | CFCFS1744: DTI below
guideline requirement - Clayton Comments: DTI 10.90% max per guidelines is 50%. |
XX |
| 73 | XX | XX | XX | MI | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Legal Documents | Satisfied | D | A | D | A | CRDLGL100 | Legal document incorrect or incomplete | No | Missing sale contract addendum reflecting, sale price as XX. | 10/23 Client provided PP on signed contract | Satisfied | (No Data) | Not Applicable | CFCFS1744: DTI below
guideline requirement - Clayton Comments: DTI 10.90% max per guidelines is 50%. |
XX |
| 73 | XX | XX | XX | MI | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor (APOR) | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3122 | Loan documents do not meet guideline requirements | No | 1. Missing Ability to Repay Underwriting Certification and 2. Borrower Affirmation if Information provided to Establish Ability to Repay (ATR) forms. 3. Missing reason why borrower choose No Qm when loan was approved DU eligible | 10/23 Client provided the ATR Cert and ATR establishment form; Still missing the reason NON QM loan was chosen with a DUAE approval10/XX/2025 client provided updated 1008 reflecting loan was chosen for Non-QM due to non warrantable condo. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below
guideline requirement - Clayton Comments: DTI 10.90% max per guidelines is 50%. |
XX |
| 81 | XX | XX | XX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | D | A | C | A | D | A | A | A | D | A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3626 | TRID - CD: Loan consummated before end of waiting period | No | Need proof Revised LE dated 09/XX/2025 was received at least 1 day prior to the issue date of the Initial CD dated 09/XX/2025. | 10/22/25 Client provided the signed LE Acknowledgment of Receipt on 9/XX. | Condition Satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below
guideline requirements - Clayton Comments: LTV at 63.33% below guideline requirements of 70% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 4.79% below guideline requirement of 50% CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 15.75 years |
XX |
| 81 | XX | XX | XX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | A | A | A | D | A | C | A | D | A | A | A | D | A | C | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR3116 | Missing updated valuation | No | Provide a 3rd party valuation supporting the appraised value. | 10/XX/2025 client provided 2nd full appraisal. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below
guideline requirements - Clayton Comments: LTV at 63.33% below guideline requirements of 70% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 4.79% below guideline requirement of 50% CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 15.75 years |
XX |
| 90 | XX | XX | XX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below
guideline requirements - Clayton Comments: LTV at 68.15% below guideline requirements of 80% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 6 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current jobs of 12 years, 17 years and 13 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 39.71% below guideline requirement of 50% |
XX | |||||||||||||||
| 95 | XX | XX | XX | CA | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3122 | Loan documents do not meet guideline requirements | No | Missing a ATR cert signed by the underwriter | 10/8 Client provided the signed ATR CERT | Satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash
reserves exceed guidelines - Clayton Comments: Borrowers have excess reserves. Reserves required is $96,308.76 Verified reserves is $70,852.05 CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - Clayton Comments: Borrowers have no late payments on the mortgage history |
XX |
| 110 | XX | XX | XX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3122 | Loan documents do not meet guideline requirements | No | Provide the ATR Disclosure signed by borrowers. | 10/10 Client provided the executed ATR disclosure | Satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below
guideline requirements - Clayton Comments: LTV at 75% below guideline requirements of 90% CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 37.38% below guideline requirement of 50% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 14.17 years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job of 15.25 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 18 years |
XX |
| 113 | XX | XX | XX | SC | (No Data) | ATR/QM: Exempt | 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 significant time at current job of 11.8 years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job of 18.5 years CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Required reserves are 3 months for the subject and 2 months for the additional REO plus 3 addn months for the DTI > 45%.n Reserves on hand are 109.59 months. |
XX | |||||||||||||||
| 115 | XX | XX | XX | SC | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment
history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 41.95% below guideline requirement of 50% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Required reserves are 3 months for the subject property and 2 months each for the additional 2 REO's. Reserves on hand are 39.85 months. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 26 years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job of 22.5 years |
XX | |||||||||||||||
| 123 | XX | XX | XX | IL | (No Data) | ATR/QM: Exempt | D | A | C | A | D | A | A | A | D | A | C | A | D | A | A | A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER4631 | Loan parameters do not meet guidelines | No | Missing ATR certification signed by underwriter. | 10/23/2025 client provided ATR certification signed by underwriter. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below
guideline requirements - Clayton Comments: LTV is 80% max per guidelines is 85%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 37.92% max per guidelines is 45%. |
XX |
| 123 | XX | XX | XX | IL | (No Data) | ATR/QM: Exempt | D | A | C | A | D | A | A | A | D | A | C | A | D | A | A | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | PRVAAPPR3116 | Missing updated valuation | No | Missing updated valuation supporting appraisal value | 10/15/2025 client provided CDA. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1737: LTV below
guideline requirements - Clayton Comments: LTV is 80% max per guidelines is 85%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 37.92% max per guidelines is 45%. |
XX |
| 137 | XX | XX | XX | GA | (No Data) | ATR/QM: Exempt | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER3122 | Loan documents do not meet guideline requirements | No | The file is missing a Business Purpose Loan Cert signed by both borrowers | 10/03/2025 client provided Business Purpose Letter signed by borrowers | Condition satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash
reserves exceed guidelines - Clayton Comments: Borrowers have excess reserves of 68 months CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrowers have credit scores higher than the minimum required of 720 |
XX |
| 139 | XX | XX | 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: Required reserves are 3 months for the subject and 2 months for the additional financed REO. Reserves on hand are 47.27 months. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 41 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 29.27% below guideline requirement of 50% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 15.08 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 21.75 years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job of 25.75 years |
XX | |||||||||||||||
| 142 | XX | XX | XX | NJ | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment
history exceeds guidelines - Clayton Comments: Mortgage payment history of 31 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 23.57% below guideline requirement of 50% CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 5 years |
XX | |||||||||||||||
| 143 | XX | XX | XX | VA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1744: DTI below
guideline requirement - Clayton Comments: 22% DTI 21% below the maximum guideline requirement of 43%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 801 credit score exceeds the 720 minimum guideline requirement by 81 points. |
XX | |||||||||||||||
| 144 | XX | XX | XX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | A | A | A | A | CMPTRID5293 | TRID Not all required seller-paid fees were disclosed on the CD | No | Seller fees not listed on Borrower final CD, however fees sourced on Seller CD. | (No Data) | Condition satisfied. | Numeric | Not Applicable | CFCFS1740: Mortgage payment
history exceeds guidelines - Clayton Comments: Rental payment history of 39 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 37.39% below guideline requirement of 50% |
XX |
| 144 | XX | XX | XX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CRDATRQM3124 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination. | No | Provide the lender's QM determination | 10/13/2025 client provided ATR determination. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment
history exceeds guidelines - Clayton Comments: Rental payment history of 39 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 37.39% below guideline requirement of 50% |
XX |
| 145 | XX | XX | XX | GA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER4631 | Loan parameters do not meet guidelines | No | Missing ATR certification signed by credit UW. | 10/27 Client provided UW the ATR CERT | Satisfied | (No Data) | Not Applicable | CFCFS1737: LTV below
guideline requirements - Clayton Comments: LTV at 70% below guideline requirements of 75% CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 43.14% below guideline requirement of 50% |
XX |
| 147 | XX | XX | 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 | CFCFS1737: LTV below
guideline requirements - Clayton Comments: LTV at 80% below guideline requirements of 90% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 34.85% below guideline requirement of 50% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 36 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 23.7 years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job of 38 years |
XX | |||||||||||||||
| 151 | XX | XX | XX | IL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below
guideline requirements - Clayton Comments: LTV at 75% below guideline requirements of 80% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 6.5 years |
XX | |||||||||||||||
| 153 | XX | XX | XX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1737: LTV below
guideline requirements - Clayton Comments: CLTV is 69.03% max per guidelines is 80%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been self-employed for 5 years. |
XX | |||||||||||||||
| 154 | XX | XX | XX | TX | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment
history exceeds guidelines - Clayton Comments: Mortgage payment history of 80 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 6.3 years |
XX | |||||||||||||||
| 155 | XX | XX | XX | CA | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor (APOR) | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | CMPTRID3676 | TRID - CD: Ten percent tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation. | No | Need evidence of change of circumstance letter or a copy of a refundable check in the amount of $557.40 for ten percent tolerance fees.Recording fees increased from $300 to $1320 on the Final CD dated 10/XX/2025. | 10/22/25 Client provided a 10/XX PCCD with reduced closing costs, including the Recording Fee. Condition remains. Provide the signed/stamped Final ALTA/Settlement Statement for review. Subject to re-testing. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment
history exceeds guidelines - Clayton Comments: Mortgage payment history of 64 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 16.54% below guideline requirement of 50% CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 6.83 years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job of 8 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 15 years and 11 years respectively |
XX |
| 155 | XX | XX | XX | CA | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor (APOR) | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | D | A | D | A | CMPTRID5107 | TRID - Seller CD not in file; need in order to complete fee entry | No | Missing Seller CD. | 10/22/25 Client provided the Seller CD. | Condition Satisfied. | Not Applicable | Not Applicable | CFCFS1740: Mortgage payment
history exceeds guidelines - Clayton Comments: Mortgage payment history of 64 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 16.54% below guideline requirement of 50% CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 6.83 years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job of 8 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 15 years and 11 years respectively |
XX |
| 155 | XX | XX | XX | CA | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor (APOR) | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER4631 | Loan parameters do not meet guidelines | No | Missing ATR certification signed by credit UW. | 10/22/2025 client provided ATR certification signed by credit UW. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1740: Mortgage payment
history exceeds guidelines - Clayton Comments: Mortgage payment history of 64 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 16.54% below guideline requirement of 50% CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 6.83 years CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has significant time at current job of 8 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 15 years and 11 years respectively |
XX |
| 161 | XX | XX | XX | CT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment
history exceeds guidelines - Clayton Comments: Mortgage payment history of 68 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 27.45% below guideline requirement of 50% CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 9.5 years |
XX | |||||||||||||||
| 163 | XX | XX | 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 | CFCFS1740: Mortgage payment
history exceeds guidelines - Clayton Comments: Mortgage payment history of 60 months exceeds guidelines of 12 months. CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 7.25 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 17.08 years |
XX | |||||||||||||||
| 164 | XX | XX | XX | NC | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | A | A | D | A | D | A | A | A | A | A | Credit | Insurance | Satisfied | C | A | C | A | CRDINSR5351 | Insurance Effective date is greater than the transaction date | No | Obtain new insurance policy document. HOI policy is effective 9/XX/2025. Disbursement date was 9/XX/2025. | 10/10 Client provided insurance effective 9/XX | Satisfied | Not Applicable | Not Applicable | CFCFS1740: Mortgage payment
history exceeds guidelines - Clayton Comments: Mortgage payment history of 57 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 5 years |
XX |
| 164 | XX | XX | XX | NC | (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 Prepayment Penalty Addendum to the Note | 10/10 Client provided the executed PP addendum | Satisfied | (No Data) | Not Applicable | CFCFS1740: Mortgage payment
history exceeds guidelines - Clayton Comments: Mortgage payment history of 57 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 5 years |
XX |
| 166 | XX | XX | 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 | CFCFS1737: LTV below
guideline requirements - Clayton Comments: LTV at 64.17% below guideline requirements of 85% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 33 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 30.42% below guideline requirement of 50% CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 13.5 years |
XX | |||||||||||||||
| 167 | XX | XX | XX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | CRDATRQM3124 | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination. | No | Missing Lender's ATR determination. | 10/14/2025 client provided ATR determination | Condition satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score
exceeds guidelines - Clayton Comments: 799 credit score exceeds the 660 minimum guideline requirement by 139 points. CFCFS1737: LTV below guideline requirements - Clayton Comments: 47% LTV is 33% below the maximum guideline requirement of 80%. |
XX |
| 167 | XX | XX | XX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER4631 | Loan parameters do not meet guidelines | No | Missing UCD report | 10/14/2025 client provided UCD report. | Condition satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score
exceeds guidelines - Clayton Comments: 799 credit score exceeds the 660 minimum guideline requirement by 139 points. CFCFS1737: LTV below guideline requirements - Clayton Comments: 47% LTV is 33% below the maximum guideline requirement of 80%. |
XX |
| 168 | XX | XX | 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: Required reserves are 6 months for the subject and 2 months for the other financed REO. Reserves on hand are 109.99 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV at 43.96% below guideline requirements of 90% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 61 months exceeds guidelines of 12 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 5.33 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 7.5 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 15.17 years |
XX | |||||||||||||||
| 170 | XX | XX | XX | KS | Non-QM: Lender documented all ATR UW factors | 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: LTV at 50% below guideline requirements of 90% CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 6.43% below guideline requirement of 50% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 6.25 years |
XX | |||||||||||||||
| 171 | XX | XX | XX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Credit | Terms/Guidelines | Satisfied | C | A | C | A | CRDTER4631 | Loan parameters do not meet guidelines | No | Missing ATR certification signed by credit UW. | 10/27 Client provided the ATR Cert | Satisfied | (No Data) | Not Applicable | CFCFS1740: Mortgage payment
history exceeds guidelines - Clayton Comments: Mortgage payment history of 75 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 44.40% below guideline requirement of 50% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 28.08 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 24 years |
XX |
| 172 | XX | XX | 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 | CFCFS1737: LTV below
guideline requirements - Clayton Comments: LTV at 69.50% below guideline requirements of 80% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of 54 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 42.04% below guideline requirement of 50% CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 7.5 years |
XX | |||||||||||||||
| 174 | XX | XX | XX | WI | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | CFCFS1740: Mortgage payment
history exceeds guidelines - Clayton Comments: Mortgage payment history of 99 months exceeds guidelines of 12 months CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 33.91% below guideline requirement of 50% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 15 years CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job of 14.17 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 33.17 years |
XX | |||||||||||||||
| 176 | XX | XX | 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 | CFCFS1737: LTV below
guideline requirements - Clayton Comments: LTV at 70% below guideline requirements of 90% CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI at 40.95% below guideline requirement of 50% CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence of 6 years CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession of 10 years |
XX |