Exhibit 99.3 Schedule 1

Client Name:

Client Project Name:

PRPM 2023-NQM1

Start - End Dates:

3/2/2022 - 5/31/2022

Deal Loan Count:

41

Conditions Report 2.0

Loans in Report:

41

Loans with Conditions:

7

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

Condition Sub 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

xx

XXXXXX

FL

(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 been at his residence CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has 48.46 Months reserved to 0 required CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Borrower has no derogatory payment history

xx

XXXXXX

NY

(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 lived at current primary residence for 8 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score 702 exceeds minimum 680 CFCFS2860: Good credit history - Clayton Comments:  0x30, 60, 90 past 24 months CFCFS1739: Postive mortgage payment history - Clayton Comments:  0x30, 60, 90 past 43 months

xx

XXXXXX

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:  LTV of 60.81 % below maximum of 85% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrowers qualifying credit of 691 exceed guideline requirement of 600 with 91 points. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has 5  years  at current address

xx

XXXXXX

TX

(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:  Borrower credit score is 685 of the required 600. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $ 275,798.24. CFCFS1737: LTV below guideline requirements - Clayton Comments:  80% LTV below guideline requirement of 85%.

xx

XXXXXX

GA

(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 of 54.61 % below maximum of 85% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrowers qualifying credit of 627  exceed  guideline requirement of 600  with  27 points. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has 25  years  at current address

xx

XXXXXX

NV

(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 binder.

3.22.2022-Client Response- Provided HOI Dec page3.22.2022-Clayton Response- Provided documentation satisfies exception

3.22.2022- Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  The LTV is 80% and guidelines allow the LTV to be 85% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified: $284,283.11 - $XXX funds to close = $204,769.41 assets remaining = 74.70 months reserves. CFCFS5269: Minimal use of credit - Clayton Comments:  The borrower is utilizing only 0.86% of the credit available to him. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  The middle credit score is 731 and guidelines allow a credit score of 680

xx

XXXXXX

NY

(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:  Qual score- 692; Program min- 680 (for 1st time Investor) CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Required Reserves: $0.00Available Reserves: $80,416.16 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV- 80%; Program max- 85%

xx

XXXXXX

CT

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - Clayton Comments:  Borrower does not have any major mortgage related occurrences during the past two years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves exceed guidelines as none are required for a purchase CFCFS2860: Good credit history - Clayton Comments:  Good credit history

xx

XXXXXX

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:  Credit Score of 688 exceeds the Program Guidelines of 680. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has 3 years at the current residence. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has  34 months PITI reserves

xx

XXXXXX

NY

(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

Credit report and 1003 support Borrower FTHB and currently living rent free. Loan qualified with no income and DTI program (loan program TBDFX30) FTHBs are not allowed under the NONI program. Contract dated XXX reflect Spouse / non Borrowing spouse only Buyer. Does not match Borrower on the Note and Deed. Provide documentation supporting Borrower's name on the contract or purchase interest in the subject property.

3.11.2022- Client Response- provided addendum to sale contract reflecting borrower, updated 1003 and insurance, reo confirmation that borrower is not a first time home-buyer3.11.2022-Clayton Response- provided documentation satisfies exception

3.11.2022- Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower has a qualifying score of 682 CFCFS2860: Good credit history - Clayton Comments:  There are no collection accounts reported. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Borrower has only one account with negative payment history.

xx

XXXXXX

NY

(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 below guideline requirements - 78.75 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score exceeds guidelines - 735 CFCFS1750: High potential for increased earnings - Clayton Comments:  High potential for increased earnings - Per comps, uptick in rental market

xx

XXXXXX

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:  Current LTV is 65% which below the required LTV of 75%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Verified assets of $102,819.78, cash to borrower at closing $XXX. Required reserves6months X $2,696.35 = $16,178.10. Excess reserves $86,641.68.

xx

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

Federal Consumer Protection

Active

B

B

B

B

CMPFDCP847

TILA - ARM Loan Program Disclosure after 3 days from application

No

ARM Disclosure in file dated XXX

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Significant time in profession of 10+ yrs CFCFS2860: Good credit history - Clayton Comments:  Good credit history CFCFS5269: Minimal use of credit - Clayton Comments:  Minimal use of credit

xx

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

Realtor Commissions reflected on Seller CD but not in section H of Borrower Final CD. As fees are at least shown this is not a material issue. This exception is informational per Clayton Compliance department and TRID 2.0 revisions. Exception satisfied. Final Grade A.

(No Data)

(No Data)

Numeric

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Significant time in profession of 10+ yrs CFCFS2860: Good credit history - Clayton Comments:  Good credit history CFCFS5269: Minimal use of credit - Clayton Comments:  Minimal use of credit

xx

XXXXXX

NY

(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:  Co Guarantor has lived at primary residence for 5 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets $275,066.24 or 90.76 months of PITI CFCFS2860: Good credit history - Clayton Comments:  0x30, 60, 90 past 24 months CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score 700 exceeds guideline requirement of 680

xx

XXXXXX

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:  80% LTV below guideline requirement of 85%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  $ 10,405.35 Verified cash reserves exceed guidelines of $ 0.00. CFCFS2860: Good credit history - Clayton Comments:  Borrower has good credit history with a trade line opened XXX.

xx

XXXXXX

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:  LTV of 75 % below maximum of 85% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrowers qualifying credit of 684 exceed guideline requirement of 600 with 84 points. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's post close Assets are $81,984.59  or  62.74 months PITI

xx

XXXXXX

NY

(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: $0.00Available Reserves: $51,238.54 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Qual score- 693; Program min- 660 CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - Clayton Comments:  0x30 for 60+ months CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  0x30 for 60+ months

xx

XXXXXX

OK

(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

CFCFS5269: Minimal use of credit - Clayton Comments:  B1 has only made use of 8.30% of an available $XXX open credit line CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Required Reserves: 6 months x $2,436.79= $14,620.74Available Reserves: $35,022.38 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Qual score- 687; Program min- 660

xx

XXXXXX

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:  Assets are $275,361.38 or 85.90 months PITIRequired reserves are 6 months PITI at $3,205.77x6= $19,234.62 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV > 10 points below guideline maximum of 70%

xx

XXXXXX

NC

(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:  Credit score 681 exceeds guidelines 600. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves 150.90 months exceed guidelines 6 months. CFCFS1739: Postive mortgage payment history - Clayton Comments:  Borrower has had zero mortgage late in all of reported history

xx

XXXXXX

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:  711 VS 680 CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  193 MONTHS VS 24 MONTHS CFCFS2860: Good credit history - Clayton Comments:  0X30 24

xx

XXXXXX

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:  $81,433.51 in verified assets post-closing. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  683 credit score. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Per credit report borrower has over 5 years of on time mortgage payment history.

xx

XXXXXX

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

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has 12.98 months reserves exceeds 12 months PITIA requirement per guideline CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  0x30, 60, 90 in past 24 months CFCFS1739: Postive mortgage payment history - Clayton Comments:  positive past mortgage payment 0x30, 60, 90

xx

XXXXXX

NY

(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:  Credit Score of 696 exceeds the Program Guidelines of 680. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 75.00% is lower than the Program Guidelines of 80.00% CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has 15 years at the current residence.

xx

XXXXXX

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:  Borrower has 30.78 Months PITI to the required 0 CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at his residence for 7 years CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  0x30, 60, 90 past 24 months

xx

XXXXXX

FL

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS5269: Minimal use of credit - Clayton Comments:  Minimal Credit usage of 10.10% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Mortgage history reporting for 99 months CFCFS2860: Good credit history - Clayton Comments:  0 x 30, 60, 90 past 24 months

xx

XXXXXX

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:  Required Reserves: 6 months x $3,346.11= $20,076.66Available Reserves: $320,274.38 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Qual score- 715; Program min- 640 CFCFS5269: Minimal use of credit - Clayton Comments:  B1 has only made use of 0.00% of an available $XXX credit line

xx

XXXXXX

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:  High Credit 773 Guidelines allow 680 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Low LTV/CLTV/HLTV 80 % Guidelines allow 85 % CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post-Closing Reserves of $ 1,868 as 34.033 months PITIA Guidelines require $ 0 Reserves

xx

XXXXXX

MS

(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

6.3.2022= Client responded- Provided flood cert6.3.2022- Clayton Response- Received flood cert from client, exception satisfied

6.3.2022- Exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 75% below maximum of 85% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrowers qualifying credit of 716 exceed guideline requirement of 600 with 116  points CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's post close Assets are $13,982.80  or  9.79 months  PITI

xx

XXXXXX

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

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  680 vs 706 CFCFS2854: Significant time in profession - Clayton Comments:  8 yrs vs 2 yrs CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Reserves required: $4,861.20 Reserves Available: 43,634.80

xx

XXXXXX

NY

(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 been at residence for 5 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified Cash Reserves $172,416.43 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 60% below guidelines

xx

XXXXXX

NY

(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:  689 vs 680 CFCFS1737: LTV below guideline requirements - Clayton Comments:  80% vs  85% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified reserves: $67,691.40; Required reserves: $7,516.28

xx

XXXXXX

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:  664 vs 660 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified Assets $131,303.67; Required reserves: 0.00 CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Established XXX 100% revolving credit available

xx

XXXXXX

MA

(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:  Borrower has 42.57 months PITI, none required.. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 697 exceed required minimum of 680 CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 5 years.

xx

XXXXXX

FL

(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

D

A

D

A

CRDCRMH189

Missing credit report

No

Credit documents missing

5.10.22- Client Response- Provided XXX credit report5.11.22-Clayton Response- Provided documentation satisfies exception

5.11.2022-Exception Satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has 5 years  at current address CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 75% below maximum of 85% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's post close Assets are $57,264.99  or 32.23 months PITI

xx

XXXXXX

MA

(No Data)

ATR/QM: Exempt

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

Per Appraisal 3 unit property. Missing updated valuation.

4.13.2022-Client Response- Provided CDA4.13.2022-Clayton Response- Provided documentation satisfies exception

4.13.20022- Exception Satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at residence for 14 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower has a credit score of 777 which exceeds guidelines 600. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Cash Reserves of $111,03.66 exceed guidelines $0 required.

xx

XXXXXX

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:  The borrower documented $187,312.18 available liquid and investment assets - $XXX funds for closing = $85,599.25 remaining assets - $10,518.00 funds to pay off the XXX 30-day account #: XXX  - no required reserves on subject per lender guidelines = $75,081.25 remaining assets. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  The middle credit score is 715 and guidelines allow a credit score of 680. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  No mortgage late payments reflected on bureau in the last 12 months

xx

XXXXXX

FL

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS5269: Minimal use of credit - Clayton Comments:  Minimal use of credit on credit report 7% utilization. CFCFS1739: Postive mortgage payment history - Clayton Comments:  0x30 on all mortgages. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified assets $17,939.15 or 10.77 months PITIA

xx

XXXXXX

GA

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

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

Realtor Commissions reflected on Seller CD but not in section H of Borrower Final CD.

(No Data)

This exception is informational per Clayton Compliance department and TRID 2.0 revisions.

Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI > 20 points below guideline maximum of 50% CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower at current residence since XXX CFCFS5269: Minimal use of credit - Clayton Comments:  Credit line usage ratio is 0.273

xx

XXXXXX

AZ

(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 16.44 months ITIA exceeds guideline minimum of 0 months. CFCFS5269: Minimal use of credit - Clayton Comments:  Borrower has access to total of $XXX line of credit with 0 balance, paid as agreed CFCFS2860: Good credit history - Clayton Comments:  Primary housing mortgage payment  0 x 30 x 18

xx

XXXXXX

PA

(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:  Low LTV/CLTV/HLTV 75 % Guidelines allow 80 % CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post-Closing Reserves of $ 88,972 as 56.95 months PITIA Guidelines require 6 months or ($ 1,562 X 6 = $ 9,372) CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - Clayton Comments:  Borrower does not have any major mortgage related occurrences during the past two years