EX-99.6 7 brhc10043808_ex99-6.htm EXHIBIT 99.6

Exhibit 99.6

Client Name:
       
Client Project Name:
FREED2022-HE1
     
Start - End Dates:
7/15/2022-8/30/2022
     
Deal Loan Count:
976
     
         
Waived Conditions Summary
     
         
Review Scope
Category
Code
Description
Count
Credit
Legal Documents
CRDLGL2550
Missing HUD-1 from sale of property
1
Credit
Legal Documents
CRDLGL4033
Missing Legal Document(s)
2
Credit
Terms/Guidelines
CRDTER3122
Loan documents do not meet guideline requirements
2
Credit
Credit/Mtg History
CRDCRMH104
Credit score below guidelines
1
Credit
Credit/Mtg History
CRDCRMH118
Mortgage/rental lates exceed guidelines
5
Credit
Credit/Mtg History
CRDCRMH122
Foreclosure history does not meet guidelines
1
Credit
Credit/Mtg History
CRDCRMH124
Collections, Liens, etc. not paid as required by guidelines
1
Credit
Credit/Mtg History
CRDCRMH1805
Debts/obligations not disclosed/accounted for at origination
5
Credit
Credit/Mtg History
CRDCRMH193
Length of mortgage/rental history in file does not meet guideline requirement
6
Credit
Credit/Mtg History
CRDCRMH2416
Questionable factors on credit report
1
Credit
DTI
CRDDTI105
Debt Ratio Exception 5% or Less
5
Credit
DTI
CRDDTI134
Debt Ratio Exception =>10%
11
Credit
LTV/CLTV
CRDLTV3030
CLTV Exceeds Guideline Requirement by less than 5%
2
Credit
Title
CRDTIL100
Potential title issue
1
Credit
Income/Employment
CRDINC150
Income docs do not meet guidelines
2
Credit
Income/Employment
CRDINC2302
Missing Required Income Documentation
1
Credit
Income/Employment
CRDINC2408
Income verification does not meet guidelines
2
Credit
Income/Employment
CRDINC2488
Verbal verification of employment missing
3
Credit
Income/Employment
CRDINC3204
Income Documentation Missing
1
Credit
Income/Employment
CRDINC888
Income Amount is  Unsupported by Documentation in File
3
Credit
Income/Employment
CRDINC890
Employment is Unsupported by Documentation in File
1
Credit
Application
CRDAPP3822
Missing or incomplete documentation related to citizenship/residency
1
Compliance
RESPA
CMPRESPA2698
RESPA - List of homeowners counseling organizations not in file
1
Total
     
59
 
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